Entertainment Network (India) Limited · NSE:ENIL
Entertainment Network (India) — Q2 FY11 Earnings Presentation
21 slides from Entertainment Network (India)'s earnings presentation, Nov 4, 2010
Slide 1: Investor Update: Performance Review Q2 FY11
INVESTOR UPDATE PERFORMANCE REVIEW: Q2 FY11 November 4, 2010 1
Slide 2: Presentation Path
Presentation Path Financial Review Business Review Strategic Direction Investors Contact 2
Slide 3: Financial Review
Financial Review 3
Slide 4: Condensed Statement Of Operations (Standalone Q2)
Condensed Statement Of Operations Standalone %age of %age of (Rs. Million) Q2FY11 Total Income Q2FY10 Total Income Growth (%) Income from Operations 606.7 96.6% 558.2 99.8% 8.7% Other Operating Income 21.1 3.4% 1.1 0.2% 1781.7% Total Income 627.8 100.0% 559.3 100.0% 12.3% Operating Expenditure 470.8
Slide 5: Condensed Statement Of Operations (Standalone H1)
Condensed Statement Of Operations Standalone %age of %age of (Rs. Million) H1FY11 Total Income H1FY10 Total Income Growth (%) Income from Operations 1,177.9 97.9% 1,058.4 99.7% 11.3% Other Operating Income 25.2 2.1% 3.1 0.3% 701.7% Total Income 1,203.2 100.0% 1,061.6 100.0% 13.3% Operating Expenditu
Slide 6: Financial Performance
Financial Performance (All comparisons with Q2FY10) • Legacy 10 radio stations performance: - Total Income Rs. 442.3 million, up 8.0% - EBITDA of Rs 129.2 million - EBITDA margin stood at 29.2% vis-à-vis 33.3% • Admin expenses include a provision of Rs.26.9 million against Private Treaty revenues of
Slide 7: Condensed Statement Of Operations (Consolidated Q2)
Condensed Statement Of Operations Consolidated %age of %age of (Rs. Million) Q2FY11 Total Income Q2FY10 Total Income Growth (%) Income from Operations 1,078.7 98.1% 983.3 99.9% 9.7% Other Operating Income 21.1 1.9% 1.1 0.1% 1781.7% Total Income 1,099.8 100.0% 984.4 100.0% 11.7% Operating Expenditure
Slide 8: Condensed Statement Of Operations (Consolidated H1)
Condensed Statement Of Operations Consolidated %age of %age of (Rs. Million) H1FY11 Total Income H1FY10 Total Income Growth (%) Income from Operations 2,225.0 98.9% 1,854.5 99.8% 20.0% Other Operating Income 25.2 1.1% 3.1 0.2% 701.7% Total Income 2,250.2 100.0% 1,857.6 100.0% 21.1% Operating Expendi
Slide 9: Consolidated Financial Performance Q2FY11
Consolidated Financial Performance Q2FY11 Inter Co. Rs. Million ENIL TIM ABSIL Adjustments Consolidated Income from Operations 606.7 411.8 90.1 (29.9) 1,078.7 Other Operating Income 21.1 - - - 21.1 Total Income 627.8 411.8 90.1 (29.9) 1,099.8 Expenditure Production Expenses 41.9 24.3 67.0 - 133.2 Li
Slide 10: Consolidated Financial Performance H1FY11
Consolidated Financial Performance H1FY11 Inter Co. Rs. Million ENIL TIM ABSIL Adjustments Consolidated Income from Operations 1,177.9 872.1 205.3 (30.4) 2,225.0 Other Operating Income 25.2 - - - 25.2 Total Income 1,203.2 872.1 205.3 (30.4) 2,250.2 Expenditure Production Expenses 90.5 48.0 153.8 - 2
Slide 11: Consolidated Financial Performance
Consolidated Financial Performance (All comparisons with Q2FY10) • Times OOH reported revenue growth of 12.8% • Event Management business recorded revenue growth of 36.9% • Consolidated admin expenses include a provision of Rs.43.0 million against Private Treaty revenues of Rs.60.4 million 11
Slide 12: Business Review
Business Review 12
Slide 13: Radio expected to grow at 11.1% in 2010
Radio expected to grow at 11.1% in 2010 Rs. In Billion % share in % share in CAGR Industry Segment CY09 Ad industry CY10E Ad industry Growth 2010-2014 Print Media 100.0 46.2% 108.0 45.3% 8.0% 8.6% Television 89.0 41.1% 100.0 41.9% 12.4% 14.2% Radio 9.0 4.2% 10.0 4.2% 11.1% 12.5% OOH Media 12.5 5.8%
Slide 14: Key Operating Highlights
Key Operating Highlights • Private FM radio industry recorded growth of around 24%-26% during the quarter • Retained market leadership with approximately 35% share of private FM radio industry • Growth in Ad Revenues led by higher volumes • As per the Indian Readership Survey (IRS) 2010 Q2, Radio Mi
Slide 15: Key Operating Highlights
Key Operating Highlights • Mirchi Mobile service has started generating good revenues • Mirchi Music Award’s South edition was successfully launched in July 2010 and was well received by the entire music fraternity • Mirchi won Silver award at the recent New York Advertising festival • The restructu
Slide 16: Strategic Direction
Strategic Direction 16
Slide 17: Strategic Direction
Strategic Direction Expand our footprint in radio broadcasting – Margin growth in existing stations – Grow radio listenership – Horizontal Expansion - Additional licenses in new cities under Phase III Position the Company to benefit from the potential presented by expected regulatory reforms Maintai
Slide 18: Strategic Direction (Cont'd)
Strategic Direction (Cont’d) Establish long-term client relationships for Experiential Marketing - Focus on multi-year contracts to drive revenue growth & margin expansion Focus on “owned” events Target areas where scale can be leveraged – Focus on big-ticket / higher margin segments – Identified se
Slide 19: Investor Contact
Investor Contact Entertainment Network is committed to improving its performance every fiscal and continuously enhance shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among shareh
Slide 20: Disclaimer
Disclaimer Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties rela
Slide 21: Thank You
THANK YOU 21
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