Ht Media Limited · NSE:HTMEDIA
Ht Media — Q2 FY2022 Earnings Presentation
25 slides from Ht Media's earnings presentation, Oct 29, 2021
Slide 1: Cover letter to stock exchanges
HT MEDIA LIMITED =IIHT Regd. Office: Hindustan Times Hous, 18-20, Kasturba Gandhi Marg New Delhi - 110001 Tel.: 66561234 Fax: 66561270 www .hindustantimes.com E-mail : corporatedept@h1ndustantImes.cor CIN: L22121DL2002PLC117874 Ref: HTML/CS/02/2021 29th October, 2021 BSE Limited The National Stock E
Slide 2: HT Media Group Q2 FY 2021-22 Consolidated Financial Results
HT MEDIA GROUP Q2 FY 2021-22 Consolidated Financial Results 1
Slide 3: Cautionary Statements
Cautionary Statements Certain statements in this presentation may be forward-looking statements. Such forward looking statements are subject to risks and uncertainties like regulatory changes, local political and economic developments, technological risks and many other factors that could cause our
Slide 4: Chairperson's Message
Chairperson’s Message “The operating environment improved progressively during the second quarter as the Indian economy gradually emerged from the impact of the second wave. It was marked by decline in COVID cases, a significant pickup in the pace of vaccination, and a sharp recovery in economic act
Slide 5: Table of Contents
Table of Contents PARTICULARS SLIDE NO. Consolidated Performance Q2 FY 2021-22 5 Business Unit Performance Q2 FY 2021-22 7 Print 8 Print – English 10 Print – Hindi (HMVL) 12 Digital 14 Radio 16 Annexures 20 4
Slide 6: Consolidated Performance Q2 FY 2021-22
CONSOLIDATED PERFORMANCE Q2 FY 2021-22 5
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary CONSOLIDATED PERFORMANCE KEY HIGHLIGHTS Strong growth in Consolidated Particulars (Rs Cr) Q2'21 Q2'22 YoY Q1'22 QoQ revenue across segments o YOY revenue growth of 46% Total Revenue 302 440 46% 281 57% o Sequential revenue growth of 57% EBITDA -16 83 632% -43 291%
Slide 8: Business Unit Performance Q2 FY 2021-22
BUSINESS UNIT PERFORMANCE Q2 FY 2021-22 7
Slide 9: Print
PRINT PRINT – ENGLISH PRINT – HINDI DIGITAL RADIO 8
Slide 10: Print
Print FINANCIAL PERFORMANCE Particulars (Rs Cr) Q2'21 Q2'22 YoY Q1'22 QoQ Ad Revenue 162 247 52% 132 87% Circulation Revenue1 45 50 13% 50 1% Operating Revenue 225 313 39% 203 54% Operating EBITDA -1 39 5842% -49 179% Op EBITDA margin (%) 0% 12% -24% 1Circulation revenue excludes impact of copy book
Slide 11: Print – English
PRINT PRINT – ENGLISH PRINT – HINDI DIGITAL RADIO 10
Slide 12: Print – English
Print – English 1 AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) QoQ YoY QoQ YoY +93% +75% -5% +87% 133 133 7 7 7 69 76 4 Q1'22 Q2'22 Q2'21 Q2'22 Q1'22 Q2'22 Q2'21 Q2'22 1Circulation revenue excludes impact of copy booking cost REVENUE DRIVERS + Robust recovery in Ad volumes on YoY and on QoQ basis
Slide 13: Print – Hindi
PRINT PRINT – ENGLISH PRINT – HINDI DIGITAL RADIO 12
Slide 14: Print – Hindi
Print – Hindi 1 AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) QoQ YoY QoQ YoY +80% +32% +2% +7% 114 114 43 44 41 44 86 63 Q1'22 Q2'22 Q2'21 Q2'22 Q1'22 Q2'22 Q2'21 Q2'22 1Circulation revenue excludes impact of copy booking cost REVENUE DRIVERS + Growth in Ad Volumes contributed to Ad revenue growth
Slide 15: Digital
PRINT PRINT – ENGLISH PRINT – HINDI DIGITAL RADIO 14
Slide 16: Digital
Digital FINANCIAL PERFORMANCE Particulars (Rs Cr) Q2'21 Q2'221 YoY Q1'221 QoQ Operating Revenue 21 33 56% 29 14% Operating EBITDA 1 0 -82% 0 98% Op EBITDA Margin (%) 7% 1% 0% 1Q2’22 & Q1’22 include Mosaic Media acquisition HIGHLIGHTS + Operating revenue saw growth of 56% led by growth in Shine and V
Slide 17: Radio
PRINT PRINT – ENGLISH PRINT – HINDI DIGITAL RADIO 16
Slide 18: Radio
Radio FINANCIAL PERFORMANCE Particulars (Rs Cr) Q2'21 Q2'22 YoY Q1'22 QoQ Operating Revenue 15 24 59% 12 99% Operating EBITDA -17 -3 82% -16 81% Op EBITDA Margin (%) -111% -13% -134% PERFORMANCE DRIVERS + Strong traction in Ad volumes across key stations + Lower operating losses – growth in Op reven
Slide 19: Q&A
Q&A 1. To ask a question, Click on “Raise Hand” 2. On your turn, click on “Unmute Myself” 3. Ask your question 18
Slide 20: HT Media Group contact details
HT Media Group Hindustan Times House, 2nd Floor, 18-20, Kasturba Gandhi Marg New Delhi – 110001, India Anna Abraham Amit Madaan Sankalp Raghuvanshi IR@hindustantimes.com Ravi Gothwal htmedia@churchgatepartners.com 19
Slide 21: Annexures
ANNEXURES 20
Slide 22: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd Particulars (Rs Cr) Q2'21 Q2'22 YoY (%) Q1'22 Seq (%) Operating Revenue 261 370 42% 244 52% Other Income 42 70 69% 38 87% Total Revenue 302 440 46% 281 57% Raw Materials & change in inventory 58 94 62% 74 26% Employee Cost 80 94 16% 93 0% Other expenses 180 170 -5% 15
Slide 23: Consolidated Balance Sheet – HT Media Limited
Consolidated Balance Sheet – HT Media Limited As at 31 Mar'21 Particulars (Rs Cr) As at 30 Sep'21 ASSETS Non- current assets 1,666 Financial assets 1,082 1,053 Property, plant and equipment 994 493 Others 489 3,212 Total non-current assets 2,565 Current assets 142 Inventories 165 851 Financial asset
Slide 24: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd Particulars (Rs Cr) Q2'21 Q2'22 YoY (%) Q1'22 Seq (%) Operating Revenue 131 163 24% 109 50% Other Income 24 40 66% 21 92% Total Revenue 155 203 31% 130 57% Raw Materials & change in inventory 41 61 49% 46 33% Employee Cost 32 38 20% 38 0% Other expense
Slide 25: Consolidated Balance Sheet – Hindustan Media Ventures Ltd
Consolidated Balance Sheet – Hindustan Media Ventures Ltd As at 31 Mar'21 Particulars (Rs Cr) As at 30 Sep'21 ASSETS Non- current assets 1,165 Financial assets 645 287 Property, plant and equipment 276 87 Others 88 1,539 Total non-current assets 1,009 Current assets 54 Inventories 70 472 Financial a