Jagran Prakashan Limited · NSE:JAGRAN
Jagran Prakashan — Q2 FY22 Earnings Presentation
29 slides from Jagran Prakashan's earnings presentation, Oct 25, 2021
Slide 1: Intimation to Stock Exchange - Investor Presentation
THE W O RLD 'S LA RG EST REA D DA ILY Jagran October 25, 2021 To, Manager-CRD, BSE Ltd., Scrip Code: 532705 Phiroze Jeejeebhoy Towers, ISIN No.: INE199G01027 Dalal Street, Mumbai-400001 Listing Manager, National Stock Exchange of India Ltd., Symbol: JAGRAN 'Exchange Plaza', Bandra Kurla Complex, ISI
Slide 2: Jagran Prakashan Limited Q2FY22 Result Presentation
Jagran Prakashan Limited Q2FY22 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 pleased to inform that this quarter saw a significant uptick in overall business performance of the Company. All businesses have performed well and we expect strong growth to continue. I am also pleased to report that the Company surpassed pre-covid
Slide 5: Group Key Highlights
Group Key Highlights Maintains market Returns to profitability Continues its profitable Reports strong Leadership; Profits crosses growth trajectory performance pre-COVID levels • Strong recovery in • Maintained Leadership • Consolidated its position • Outdoor business reports Advertising Revenue Po
Slide 6: Business Performance
Business Performance Due to Covid-19, the figures do not represent normal quarter/operations and are not strictly comparable with last year or preceding quarter 5
Slide 7: Profits crosses pre-COVID levels
Profits crosses pre-COVID levels OPERATING REVENUE OPERATING EXPENSES OPERATING PROFIT PROFIT BEFORE TAX -22% -29% +12% +36% CONSOLIDATED 515 424 101 82 90 403 60 301 Q2FY20* Q2FY22 Q2FY20* Q2FY22 Q2FY20* Q2FY22 Q2FY20* Q2FY22 OPERATING REVENUE OPERATING EXPENSES OPERATING PROFIT PROFIT BEFORE TAX +
Slide 8: Dainik Jagran – Operating Highlights
Dainik Jagran – Operating Highlights OPERATING REVENUE OPERATING PROFIT 22.7% 22.6% 12.9% 32.9% 342 89 271 73 EBITDA and PBT surpassed Pre-COVID levels 196 187 44 24 Registered strong EBITDA Margin of 32.9% Q2FY20 Q2FY21 Q1FY22 Q2FY22 Q2FY20 Q2FY21 Q1FY22 Q2FY22 Net realisation per copy is at an all
Slide 9: Print Business Performance
Print Business Performance ADVERTISMENT REVENUE CIRCULATION REVENUE Ad Revenue registered strong growth of 50% and 72% on YoY and QoQ basis 301 108 respectively 231 84 88 79 154 135 Circulation for all brands remains stable despite taking increase in cover Q2FY20 Q2FY21 Q1FY22 Q2FY22 Q2FY20 Q2FY21 Q
Slide 10: MBL: Operating Performance
MBL: Operating Performance OPERATING REVENUE OPERATING PROFIT^ Company has registered a 63 19 43% of the total clients on turnaround at PAT Level and 9 the Radio platform advertised 42 on Radio City – Highest in the reported a 22% EBIDTA 30 0 Margin 20 Industry -9 Q2FY20 Q2FY21 Q1FY22 Q2FY22 Q2FY20
Slide 11: Digital Business Performance
Digital Business Performance Registered a rapid growth in the OPERATING REVENUE OPERATING PROFIT News/Information category and crossed the 100 MN benchmark with 109.5 Million 16 2 2 Users, 526 Million total Page 2 Recognized as “India’s Best 13 12 Views, 645 Million Minutes Time 1 Place to work in M
Slide 12: Outdoor and Events Business Performance
Outdoor and Events Business Performance OPERATING REVENUE OPERATING PROFIT Outdoor business witnessed a growth of 44% QoQ and more than 170% YoY 28.9 1.0 and reported operating profit 0.4 19.8 15.1 9.9 -1.9 -2.3 Q2FY20 Q2FY21 Q1FY22 Q2FY22 Q2FY20 Q2FY21 Q1FY22 Q2FY22 Event business witnessed growth
Slide 13: Mid-Day Operating Performance
Mid-Day Operating Performance ADVERTISMENT REVENUE CIRCULATION REVENUE 15 4 Witnessed good increase in circulation 10 3 3 2 4 4 Circulation Revenue continues to recover Q2 FY20 Q2 FY21 Q1FY22 Q2FY22 Q2FY20 Q2FY21 Q1FY22 Q2FY22 full cost of material and make contribution in other costs OPERATING PROF
Slide 14: Other Publications Operating Performance
Other Publications Operating Performance ADVERTISMENT REVENUE CIRCULATION REVENUE 53 21 39 14 12 13 29 22 Witnessed recovery in Advertising and Q2 FY20 Q2 FY21 Q1FY22 Q2FY22 Q2FY20 Q2FY21 Q1FY22 Q2FY22 Circulation Revenue across all brands Naidunia reported profit with an operating OPERATING PROFIT
Slide 15: Financial Performance
Financial Performance Due to Covid-19, the figures do not represent normal quarter/operations and are not strictly comparable with last year or preceding quarter 14
Slide 16: Distribution to Shareholders
Distribution to Shareholders Dividend Paid Buyback Total Distribution to Shareholders 125 351 458 112 107 302 415 230 105 102 102 FY18 FY19 FY20 FY18 FY19 FY20 FY21* FY18 FY19 FY20 FY21* Distributed ~ Rs. 860 crores through Distributed ~ Rs. 1,205 crores in form of Distributed ~ Rs. 345 crores as di
Slide 17: Mid-day Financial Performance
Mid-day Financial Performance Particulars (Rs. in Crs) Q2FY22 Q1FY22 Q2FY21 Operating Revenue* 14.2 7.67 6.55 Advertisement 10.11 4.49 4.49 Circulation 2.79 2.81 1.89 Other Operating Income 1.3 0.36 0.17 Expenses ** 15.97 12.21 12.18 Operating Profit -1.77 -4.55 -5.63 Operating Profit Margin -12.46%
Slide 18: MBL Financial Performance
MBL Financial Performance Particulars (Rs. in Crs) Q2FY22 Q1FY22 Q2FY21 Operating Revenue 42.04 20.48 30.08 Expenses 37.48 33.68 33.12 Operating Profit 4.56 -13.2 -3.04 Operating Profit Margin 10.85% -64.45% -10.11% Other Income 4.79 3.88 2.92 Depreciation 8.2 8.19 8.28 Interest 0.66 0.68 0.96 Profi
Slide 19: Operating Margin Break-up
Operating Margin Break-up Particulars (Rs. in Crs) Q2FY22 Q1FY22 Q2FY21 Dainik Jagran* Operating Revenue 270.67 187.19 196.16 Operating Profit 89.22 24.31 44.49 Operating Margin 32.96% 12.99% 22.68% Other Publications* Operating Revenue 55.21 35.90 41.24 Operating Profit 5.20 -4.48 2.09 Operating Ma
Slide 20: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. in Crs) Q2FY22 Q2FY21 YoY Q1FY22 QoQ H1FY22 H1FY21 YoY Operating Revenues 402.53 289.11 39% 270.32 49% 672.85 480.2 40% Advertisement Revenue * 287.73 195.05 48% 165.64 74% 453.37 303.83 49% Circulation Revenue 87.83 79.32 11% 84.37 4% 172.20 153
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. In Cr) Sep-21 Mar-21 EQUITY AND LIABILITIES (Rs. In Cr) Sep-21 Mar-21 Non-Current Assets 2,058.3 2,043.7 Equity and Liabilities 2,184.9 2,215.4 Property, plant and equipment incl. CWIP 406.1 441.5 Right to use assets 59.9 61.6 Equity share capital 52.7 55.6 Cap
Slide 22: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement th In Rs. Crs Half Year ended 30 Sept 2021 Half Year ended 30th Sep 2020 Profit before tax 70.2 -47.5 Adjustments 72.3 59.5 Operating Profit Before Working Capital Changes 142.5 12.1 Change in operating assets and liabilities 8.7 112.2 Cash generated from operations
Slide 23: Group Introduction
Group Introduction Group Introduction
Slide 24: Value Proposition
Value Proposition PRINT RADIO DIGITAL Print Non Print FASTEST growing media: RIGHT mix of stability Undisputed LEADER: Strong GROWTH and scalability: ✓ Dainik Jagran leads the IRS 2019 Potential: ✓ Registered a rapid growth in the News/Information category and ✓ Increase in cover prices for all Q4 r
Slide 25: Jagran Today
Jagran Today Print Digital Radio Jagran Prakashan Limited holds 73.21% of Music Broadcast Limited Activation OOH (RadioCity) 24
Slide 26: 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 27: Brand Strength – Stability, Consistency and Trust
Brand Strength – Stability, Consistency and Trust PRINT BUSINESS DIGITAL BUSINESS RADIO BUSINESS jagran.com 26
Slide 28: Awards & Certifications
Awards & Certifications Recognizing Group’s leadership position in different fields of operations, various distinguished bodies have bestowed 8 Awards upon the Group during the Quarter • Great Place to Work Jagran New Media won • India's Best Leaders in Times of Crisis 3 awards • World Marketing Con
Slide 29: 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