Ht Media Limited · NSE:HTMEDIA
Ht Media — Q3 FY2020 Earnings Presentation
21 slides from Ht Media's earnings presentation, Jan 23, 2020
Slide 1: Letter to stock exchanges on results presentation
HT MEDIA LIMITED Regd Office Hindustan Ti mes House = IIHT 18-20, Kasturba Gandh i Marg Ne w De lhi - 110001 T el. : 66561234 Fax 66561270 www . hlndus1an1lmos com E-mail corporatedept@hlnduslanl1mes com CIN . L22121DL2002PLC117874 January 23, 2020 Ref: 1-ITM L/C /02/2020 The ational Stock Exchange
Slide 2: HT Media Group Q3 FY 2019-20 Consolidated Financial Results
HT MEDIA GROUP Q3 FY 2019-20 Consolidated Financial Results = 11 HT Media Limited 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 “Our third quarter results reflect the ongoing broad-based slowdown in the economy. Weakness in demand has led to advertisers being cautious with spends. As a consequence, our Print and Radio businesses faced pressure on revenues. On the positive side, the Shine business contin
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 Annexures 18 4 = IIHT
Slide 6: Consolidated Performance
CONSOLIDATED PERFORMANCE 5 = IIHT
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary CONSOLIDATED PERFORMANCE FINANCIAL HIGHLIGHTS Particulars (Rs Cr) Q3'19 Q3'20 Change % Consolidated Total Revenue for Q3’20 at Rs 636 Cr, down by 5% over LY Total Revenue 670 636 -34 -5% EBITDA at Rs 118 Cr, and margins at 19% EBITDA1 85 118 33 39% (vis-à-vis 13% i
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE 7 = IIHT
Slide 9: Print
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 8 = IIHT
Slide 10: Print
Print FINANCIAL PERFORMANCE Particulars (Rs Cr) Q3'19 Q3'20 Change % Ad Revenue 432 379 -52 -12% Circulation Revenue 70 69 0 -1% Operating Revenue 520 495 -24 -5% Operating EBITDA 20 82 62 312% Op EBITDA margin (%) 4% 17% KEY DRIVERS + Significant margin expansion on the back of savings in raw mater
Slide 11: Print – English
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 10 = IIHT
Slide 12: Print – English
Print – English AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) -15% -3% 267 226 18 17 Q3'19 Q3'20 Q3'19 Q3'20 REVENUE DRIVERS + Sequential circulation revenue growth + In terms of categories, Government and BFSI witnessed double digit YoY growth - Ad volumes struggled during the quarter - Softness i
Slide 13: Print – Hindi
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 12
Slide 14: Print – Hindi
Print – Hindi AD REVENUE (RS CR) CIRCULATION REVENUE (RS CR) -7% +0% 164 153 52 52 Q3'19 Q3'20 Q3'19 Q3'20 REVENUE DRIVERS + Growth in circulation revenue on sequential basis driven by improvement in per copy realization + Government and Medical/Health & Fitness witnessed growth - Ad spend softness
Slide 15: Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO 14
Slide 16: Radio
Radio FINANCIAL PERFORMANCE Particulars (Rs Cr) Q3'19 Q3'20 Change % Operating Revenue 53 58 5 9% Operating EBITDA 22 14 -8 -35% Op EBITDA margin (%) 41% 24% PERFORMANCE DRIVERS - Muted spends in key categories such as Government, FMCG, Auto and Travel & Tourism - Radio revenue (ex-NMW) witnessed a
Slide 17: Q&A Dial-in number for Q&A
Q&A Dial-in number for Q&A +91 22 6280 1202 +91 22 7115 8103 16 = IIHT
Slide 18: 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 +91 11 6656 1605 Saket Somani Ravi Gothwal htmedia@churchgatepartners.com +91 22 6169 5988 17
Slide 19: Annexures
ANNEXURES 18 = IIHT
Slide 20: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd Particulars (Rs Cr) Q3'19 Q3'20 YoY (%) Total Revenue 670 636 -5% Raw Materials & change in inventory 217 146 -33% Employee Cost 104 109 5% Other expenses 264 263 0% 1 EBITDA 85 118 39% Margin (%) 13% 19% 6% PAT 34 14 -58% Margin (%) 5% 2% -3% 1 EBITDA before exceptio
Slide 21: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd Particulars (Rs Cr) Q3'19 Q3'20 YoY (%) Total Revenue 253 236 -7% Raw Materials & change in inventory 105 71 -33% Employee Cost 29 31 5% Other expenses 74 77 3% EBITDA 44 58 31% Margin (%) 17% 24% 7% PAT 28 32 16% Margin (%) 11% 14% 3% 20