Ht Media Limited · NSE:HTMEDIA
Ht Media — Q1 FY2023 Earnings Presentation
23 slides from Ht Media's earnings presentation, Aug 5, 2022
Slide 1: Exchange filing letter for Q1 results presentation
05th August, 2022 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532662 Trading Symbol: HTMEDIA Sub: Presentation on the Un-Audited Financial Res
Slide 2: HT Media Group Q1 FY 2022-23 Consolidated Financial Results
HT MEDIA GROUP Q1 FY 2022-23 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 first quarter of FY 2022-23 began on a positive note with a strong performance in the previous fiscal year, with overall business performance and the larger economic and business environment seeing considerable improvement, especially in the latter half of the fiscal. But
Slide 5: Table of Contents
Table of Contents PARTICULARS SLIDE NO. Consolidated Performance 5 Business Unit Performance 7 Print 8 Print – English 10 Print – Hindi (HMVL) 12 Radio 14 Digital 16 Annexures 20 4
Slide 6: Consolidated Performance
CONSOLIDATED PERFORMANCE 5
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary CONSOLIDATED PERFORMANCE KEY HIGHLIGHTS Particulars (INR cr) Q1FY22 Q1FY23 YoY Q4FY22 QoQ ▪ Total revenue at INR 432 crore in Q1FY23; up Total Revenue 281 432 53% 456 -5% 53% vs Q1FY22, led by growth across all businesses EBITDA1 -43 -18 59% 57 -131% ▪ Consequent EBITD
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE 7
Slide 9: Print, Print – English, Print – Hindi, Radio, Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 8
Slide 10: Print
Print FINANCIAL PERFORMANCE Particulars (INR cr) Q1FY22 Q1FY23 YoY Q4FY22 QoQ Ad Revenue 132 240 82% 249 -3% Circulation Revenue1 50 60 20% 56 6% Operating Revenue 203 348 72% 357 -3% Operating EBITDA -49 2 104% 43 -96% Op EBITDA margin (%) -24% 1% 12% 1Circulation revenue (gross) KEY HIGHLIGHTS ▪ A
Slide 11: Print, Print – English, Print – Hindi, Radio, Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 10
Slide 12: Print – English
Print – English AD REVENUE (INR cr) CIRCULATION REVENUE (INR cr)1 YoY QoQ YoY QoQ +84% -4% +73% +3% 127 132 127 12 12 12 69 7 Q1FY22 Q1FY23 Q4FY22 Q1FY23 Q1FY22 Q1FY23 Q4FY22 Q1FY23 1Circulation revenue (gross) KEY HIGHLIGHTS ▪ Ad revenue improved on y-o-y basis led by strong jump in volume ▪ On a y
Slide 13: Print, Print – English, Print – Hindi, Radio, Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 12
Slide 14: Print – Hindi
Print – Hindi AD REVENUE (INR cr) CIRCULATION REVENUE (INR cr)1 YoY QoQ YoY QoQ +80% -3% +11% +7% 113 117 113 48 45 48 43 63 Q1FY22 Q1FY23 Q4FY22 Q1FY23 Q1FY22 Q1FY23 Q4FY22 Q1FY23 1Circulation revenue (gross) KEY HIGHLIGHTS ▪ Ad revenue improved on y-o-y basis led by both volume and yield ▪ On a y-
Slide 15: Print, Print – English, Print – Hindi, Radio, Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 14
Slide 16: Radio
Radio FINANCIAL PERFORMANCE Particulars (INR cr) Q1FY22 Q1FY23 YoY Q4FY22 QoQ Operating Revenue 12 33 176% 31 9% Operating EBITDA -16 2 110% 1 188% Op EBITDA Margin (%) -134% 5% 2% KEY HIGHLIGHTS ▪ Significant improvement in revenue for the quarter driven by both volume and rate ▪ Operating EBITDA f
Slide 17: Print, Print – English, Print – Hindi, Radio, Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 16
Slide 18: Digital
Digital FINANCIAL PERFORMANCE Particulars (INR cr) Q1FY22 Q1FY23 YoY Q4FY22 QoQ Operating Revenue 29 39 33% 33 16% Operating EBITDA 0 1 840% -2 174% Op EBITDA Margin (%) 0% 3% -5% KEY HIGHLIGHTS ▪ Growth in digital businesses continue ▪ EBITDA maintained at break even levels 17
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
HT Media Group Hindustan Times House, 2nd Floor, 18-20, Kasturba Gandhi Marg New Delhi – 110001, India Anna Abraham 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 (INR cr) Q1FY22 Q1FY23 YoY Q4FY22 QoQ Operating Revenue 244 420 73% 421 0% Other Income 38 12 -69% 35 -67% Total Revenue 281 432 53% 456 -5% Raw Materials & Change in Inventory 74 147 97% 118 25% Employee Cost 93 106 14% 93 14% Other expenses 157 196 25% 1
Slide 23: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd Particulars (INR cr) Q1FY22 Q1FY23 YoY Q4FY22 QoQ Operating Revenue 109 168 54% 197 -15% Other Income 21 2 -91% 5 -64% Total Revenue 130 170 31% 202 -16% Raw Materials & Change in Inventory 46 82 81% 68 21% Employee Cost 38 43 13% 38 12% Other expenses