Jagran Prakashan Limited · NSE:JAGRAN
Jagran Prakashan — Q4 FY22 Earnings Presentation
30 slides from Jagran Prakashan's earnings presentation, May 30, 2022
Slide 1: Exchange intimation cover letter
THE W O RLD 'S LARG EST REA D DA ILY Jagran May 30, 2022 To, Manager-CRD, Scrip Code: 532705 Equity BSE Ltd., ISIN No.: INE199G01027 Phiroze Jeejeebhoy Towers, Security Code: 959443 NCD Dalal Street, Mumbai-400001 ISIN No.: INE199G07040 Listing Manager, Symbol: JAGRAN Equity National Stock Exchange
Slide 2: Jagran Prakashan Limited Q4FY22 Result Presentation
Jagran Prakashan Limited Q4FY22 Result Q1FY17Presentation Result Presentation 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jagran Prakashan Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 4: Comment from Chairman and Managing Director
Comment from Chairman and Managing Director “I am glad to report strong recovery in revenues and profit despite pandemic hit Q1 and high inflation. Legacy of our brands and our ability to deliver against odds give me confidence that the Group will continue to grow its revenues regardless of the new
Slide 5: Group Key Highlights
Group Key Highlights Growth Trajectory Strong EBITDA growth Strengthens Revenue and Turnaround at Operating Continues led by Operating Profit Growth Profit level for the year Leverage • Recovery of Print • Maintained Leadership • Continued to be • Performance of both, the business segment was Positi
Slide 6: Business Performance
Jagran Business ® © gq tov) =| 7 & 7 ® al
Slide 7: Resilient Performance
Resilient Performance OPERATING REVENUE OPERATING EXPENSES OPERATING PROFIT PROFIT BEFORE TAX +4% +7% -6% +22% CONSOLIDATED 406 425 340 90 85 63 317 52 Q4FY21 Q4FY22 Q4FY21 Q4FY22 Q4FY21 Q4FY22 Q4FY21 Q4FY22 OPERATING REVENUE OPERATING EXPENSES OPERATING PROFIT PROFIT BEFORE TAX +3% +6% -4% +16% STA
Slide 8: PBT surpasses pre-COVID levels
PBT surpasses pre-COVID levels OPERATING REVENUE OPERATING EXPENSES OPERATING PROFIT PROFIT BEFORE TAX -23% -25% -17% -1% CONSOLIDATED 2,097 1,665 433 286 282 1,616 360 1,256 FY20* FY22 FY20* FY22 FY20* FY22 FY20* FY22 OPERATING REVENUE OPERATING EXPENSES OPERATING PROFIT PROFIT BEFORE TAX -5% +13%
Slide 9: Dainik Jagran – Operating Highlights
Dainik Jagran – Operating Highlights OPERATING REVENUE OPERATING PROFIT 28.6% 29.4% +1% +4% Leadership position continues even during 277 280 79 82 tough times Commercial advertising registered double-digit growth Q4FY21 Q4FY22 Q4FY21 Q4FY22 Operating profit margin of 30% which is higher than FY 202
Slide 10: Print Business Performance
Print Business Performance ADVERTISMENT REVENUE CIRCULATION REVENUE +1% +3% 235 238 87 90 Print continues to enjoy higher news credibility than all other media Q4FY21 Q4FY22 Q4FY21 Q4FY22 OPERATING PROFIT PROFIT BEFORE TAX 25.8% 25.5% Almost all brands delivered a strong +1% +27% operating profit fo
Slide 11: MBL: Operating Performance
MBL: Operating Performance OPERATING REVENUE OPERATING EXPENSES 41% of the total Q4FY22 Digital revenue grew by 151% over +8% +11% clients and 31% of Q4FY21 & grew by 46 44 New clients on the 42 40 115% on an Annual Radio platform basis advertised on Radio City New Revenue Q4FY21 Q4FY22 Q4FY21 Q4FY2
Slide 12: Digital Business Performance
Digital Business Performance JNM consolidated its video OPERATING REVENUE OPERATING PROFIT Flagship brand, Jagran.com presence by clocking 50.71 clocked a reach of 58 Million Video Views in +20% Million unique visitors* Mar’22** 16 1 13 Registered revenue growth Consolidated its position of 31% and
Slide 13: Outdoor and Events Business Performance
Outdoor and Events Business Performance OPERATING REVENUE OPERATING PROFIT Outdoor business reported operating revenue growth of 81% on YoY and +23% +535% reported operating profit for the second 29 3 consecutive quarter in a row 24 Event business witnessed a growth of more than 55% YoY and recorded
Slide 14: Mid-Day Operating Performance
Mid-Day Operating Performance ADVERTISMENT REVENUE CIRCULATION REVENUE +35% +2% 10 3 3 Cover price hikes across all editions 7 Operations impacted due to multiple Q4FY21 Q4FY22 Q4FY21 Q4FY22 headwinds. Revenue grew by 30% and reduced operating losses by 40% on a OPERATING PROFIT PROFIT BEFORE TAX Yo
Slide 15: Other Publications Operating Performance
Other Publications^ Operating Performance ADVERTISMENT REVENUE CIRCULATION REVENUE +5% +1% 27 29 12 12 Per copy realization increased across all brands Naidunia reported highest-ever Q4FY21 Q4FY22 Q4FY21 Q4FY22 operating profit Punjabi Jagran and I-Next too reported OPERATING PROFIT PROFIT BEFORE TA
Slide 16: Financial Performance
Jagran Financial ® S) q w g a & 7 o) Oy rr) a
Slide 17: Distribution to Shareholders
Distribution to Shareholders Dividend Paid Buyback Total Distribution to Shareholders 125 351 458 112 107 302 415 226 101 102 102 FY18 FY19 FY20 FY18 FY19 FY20 FY21* FY18 FY19 FY20 FY21* Distributed ~ Rs. 856 crores through Distributed ~ Rs. 1,201 crores in form of Distributed ~ Rs. 345 crores as di
Slide 18: Mid-day Financial Performance
Mid-day Financial Performance Particulars (Rs. in Crs) Q4FY22 Q3FY22 Q4FY21 Operating Revenue* 13.09 14.29 10.24 Advertisement 9.59 10.30 7.08 Circulation 2.84 2.88 2.77 Other Operating Income 0.66 1.11 0.39 Expenses 15.41 14.87 11.37 Operating Profit --2.32 -0.58 -1.12 Operating Profit Margin -17.7
Slide 19: MBL Financial Performance
MBL Financial Performance Particulars (Rs. in Crs) Q4FY22 Q3FY22 Q4FY21 Operating Revenue 46.02 59.89 42.48 Expenses 44.13 42.11 39.58 Operating Profit 1.89 17.78 2.9 Operating Profit Margin 4.11% 29.69% 6.83% Other Income 4.25 3.88 2.26 Depreciation and Amortisation 8.16 8.2 8.21 Interest 0.65 0.66
Slide 20: Operating Margin Break-up
Operating Margin Break-up Particulars (Rs. in Crs) Q4FY22 Q3FY22 Q4FY21 Dainik Jagran* Operating Revenue 280.20 340.34 277.34 Operating Profit 82.51 127.44 79.39 Operating Margin 29.45% 37.44% 28.63% Other Publications* Operating Revenue 54.81 64.78 50.52 Operating Profit 4.10 12.39 5.91 Operating M
Slide 21: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. in Cr) Q4FY22 Q4FY21 YoY Q3FY22 QoQ FY22 FY21 YoY Operating Revenues 424.59 406.39 4% 518.51 -18% 1,615.95 1,289.19 25% Advertisement Revenue * 298.10 289.48 3% 387.08 -23% 1,138.55 885.98 29% Circulation Revenue 89.76 87.14 3% 89.68 0% 351.64 32
Slide 22: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. In Crs) Mar-22 Mar-21 EQUITY AND LIABILITIES (Rs. In Crs) Mar-22 Mar-21 Non-current assets Equity Property, plant and equipment 382.05 441.55 Equity share capital 52.73 55.64 Right-of-use assets 84.40 61.61 Other equity 2,084.69 1,939.67 Capital work-in-progres
Slide 23: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. In Crs) FY22 FY21 Profit before income tax 282.21 107.17 Adjustments for: 115.87 149.79 Cash flow before Working Capital changes 398.08 256.96 Change in operating assets and liabilities 22.35 132.17 Cash generated from operations 420.43 389.13 Income
Slide 24: Group Introduction
Group Introduction Group Introduction
Slide 25: Value Proposition
Value Proposition PRINT RADIO DIGITAL Print Non Print RIGHT mix of stability Undisputed LEADER: Strong GROWTH FASTEST growing and scalability: ✓ Dainik Jagran leads the IRS 2019 Potential: media: ✓ All businesses performed Q4 rankings with a total incredibly in the midst of negative ✓ Registered a r
Slide 26: Jagran Today
Jagran Today Print Digital Radio Jagran Prakashan Limited holds 73.21% of Music Broadcast Limited Activation OOH (RadioCity) 25
Slide 27: Multi Media Conglomerate – Width, Depth and Heritage
Multi Media Conglomerate – Width, Depth and Heritage Two #1* Print India’s Largest* 86+ mn* Dailies, Dainik Jagran Readers (Hindi) and Inquilab read daily- Dainik (Urdu) Jagran Amongst Top 10 News / Information 10 Category Publications 15 Digital Media Portals 5 Business Verticals Leading website Tr
Slide 28: Brand Strength – Stability, Consistency and Trust
Brand Strength – Stability, Consistency and Trust PRINT BUSINESS DIGITAL BUSINESS RADIO BUSINESS jagran.com 27
Slide 29: Awards & Certifications
Awards & Certifications Recognizing Group’s leadership position in different fields of operations, various distinguished bodies have bestowed 30 Awards upon the Group during the Year • Global Media Awards, INMA • Women Influencer Leadership Awards, • Great Place to Work 2021 Jagran New Media • World
Slide 30: Contact Us
Contact Us Jagran Prakashan Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L22219UP1975PLC004147 CIN: U74140MH2010PTC204285 Mr. Amit Jaiswal Mr. Jigar Kavaiya amitjaiswal@jagran.com Contact: +91 9920602034, Email: jigar.kavaiya@sgapl.net www.jplcorp.in www.sgapl.net