Jagran Prakashan Limited · NSE:JAGRAN
Jagran Prakashan — Q1 FY23 Earnings Presentation
29 slides from Jagran Prakashan's earnings presentation, Aug 6, 2022
Slide 1: Revised Investor Presentation intimation to stock exchange
~ THE WORLD'S LARGEST READ DAILY Jagran August 6, 2022 To, Manager-CRD, BSE Ltd., Scrip Code: 532705 Phiroze Jeejeebhoy Towers, ISIN No.: INE199G01027 Dalal Street, Mumbai-400001 Listing Manager, National Stock Exchange ofIndia Ltd., Symbol: JAGRAN 'Exchange Plaza', Bandra Kurla Complex, ISIN No.: I
Slide 2: Jagran Prakashan Limited Q1FY23 Result Presentation
Jagran Prakashan Limited Q1FY23 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 happy to report that the Company maintained the trend of recovery of lost revenues since the break-out of the pandemic even though the consumption continues to remain subdued. High inflation and record high newsprint costs have impacted the profitabi
Slide 5: Group Key Highlights
Group Key Highlights Growth Trajectory Strong EBITDA growth Robust Revenue Growth Strong Revenue and Continues led by Operating Operating Profit Growth Leverage • Surpassed the pre- • Strong growth in Ad as pandemic revenues and well as circulation • Maintained a strong • Registered revenue profits
Slide 6: Distribution to Shareholders
Distribution to Shareholders Dividend Paid Buyback Total Distribution to Shareholders 125 351 458 112 107 302 414 105* 227 101 101 101 105 FY18 FY19 FY20 FY23 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 FY23 Distributed ~ Rs. 856 crores through Distributed ~ Rs. 1,305 crores in form of Distributed ~ Rs.
Slide 7: Business Performance
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Slide 8: Resilient Performance
Resilient Performance OPERATING REVENUE OPERATING EXPENSES OPERATING PROFIT PROFIT BEFORE TAX +68% +43% +1,235% 54 CONSOLIDATED 454 377 77 265 270 6 -11 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1FY22 Q1FY23 OPERATING REVENUE OPERATING EXPENSES OPERATING PROFIT PROFIT BEFORE TAX +62% +46% +210% +23
Slide 9: Dainik Jagran – Operating Highlights
Dainik Jagran – Operating Highlights OPERATING REVENUE OPERATING PROFIT 13.0% 23.5% +55% +180% 290 68 Leadership position remains intact 187 24 Registered operating margin of ~23% even after the adverse impact of steep Q1FY22 Q1FY23 Q1FY22 Q1FY23 increase in newsprint cost PROFIT BEFORE TAX +169% Co
Slide 10: Print Business Performance
Print Business Performance ADVERTISMENT REVENUE CIRCULATION REVENUE +83% +11% 246 93 84 Strong Ad and Circulation Revenue Growth on YoY as 134 well as QoQ basis Q1FY22 Q1FY23 Q1FY22 Q1FY23 OPERATING PROFIT PROFIT BEFORE TAX 8.7% 19.2% Strong growth in Operating +244% +312% Profit despite high newspr
Slide 11: MBL: Operating Performance
MBL: Operating Performance OPERATING REVENUE OPERATING EXPENSES +116% +18% 38% of the total clients Q1FY23 Digital revenue 44 40 and 30% of New clients grew by 169% over Q1FY22 34 on the Radio platform advertised on Radio City 20 New Revenue Q1FY22 Q1FY23 Q1FY22 Q1FY23 Maintained a strong Opportunit
Slide 12: Digital Business Performance
Digital Business Performance Flagship brand, Jagran.com OPERATING REVENUE OPERATING PROFIT clocked a reach of 44.61 JNM consolidated its video presence by clocking 67 Million unique visitors* Million Video Views in +55% Registered a reach of June’ 22** 21 3 100.60 Million Users in the News/Informati
Slide 13: Outdoor and Events Business Performance
Outdoor and Events Business Performance OPERATING REVENUE OPERATING PROFIT Outdoor business reported operating revenue growth of 210% on YoY and +216% reported operating profit for the third 48 5 consecutive quarter in a row Event business witnessed a growth of 15 more than 230% YoY and recorded an
Slide 14: Mid-Day Operating Performance
Mid-Day Operating Performance ADVERTISMENT REVENUE CIRCULATION REVENUE +213% +3% 14 3 3 With Mumbai opening up, performance continues to improve 4 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Strong Recovery in Ad Revenue Growth OPERATING PROFIT PROFIT BEFORE TAX Operating Revenue grew by 130% -1 -1 and reduced oper
Slide 15: Other Publications Operating Performance
Other Publications^ Operating Performance ADVERTISMENT REVENUE CIRCULATION REVENUE Per copy realization increased across +44% +30% all brands on YoY basis 26 13 18 10 Naidunia reported strong growth in Revenues and circulation as well as per copy realization I-Next continues to report Q1FY22 Q1FY23
Slide 16: Financial Performance
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Slide 17: Mid-day Financial Performance
Mid-day Financial Performance Particulars (Rs. in Crs) Q1FY23 Q4FY22 Q1FY22 Operating Revenue* 17.60 13.09 7.67 Advertisement 14.04 9.59 4.49 Circulation 2.89 2.84 2.81 Other Operating Income 0.67 0.66 0.36 Expenses 18.28 15.41 12.21 Operating Profit --0.68 --2.32 -4.55 Operating Profit Margin -3.88
Slide 18: MBL Financial Performance
MBL Financial Performance Particulars (Rs. in Cr) Q1FY23 Q4FY22 Q1FY22 Operating Revenue 44.14 46.02 20.48 Expenses 39.89 44.13 33.68 Operating Profit 4.25 1.89 -13.21 Operating Profit Margin 9.64% 4.11% -64.49% Other Income 4.50 4.25 3.88 Depreciation and Amortisation 8.21 8.16 8.19 Interest 0.53 0
Slide 19: Operating Margin Break-up
Operating Margin Break-up Particulars (Rs. in Crs) Q1FY23 Q4FY22 Q1FY22 Dainik Jagran* Operating Revenue 290.27 280.20 187.19 Operating Profit 68.16 82.51 24.31 Operating Margin 23.48% 29.45% 12.99% Other Publications* Operating Revenue 56.87 54.81 35.90 Operating Profit -0.93 4.10 -4.48 Operating M
Slide 20: Consolidated Profitability Statement
Consolidated Profitability Statement Particulars (Rs. in Cr) Q1FY23 Q1FY22 YoY Q4FY22 QoQ FY22 FY21 YoY Operating Revenues 454.47 270.32 68% 424.59 7% 1,615.95 1,289.19 25% Advertisement Revenue * 304.92 165.64 84% 298.10 2% 1,138.55 885.98 29% Circulation Revenue 93.42 84.37 11% 89.76 4% 351.64 324
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. In Crs) Mar-22 Mar-21 EQUITY AND LIABILITIES (Rs. In Crs) Mar-22 Mar-21 Non-current assets Equity Property, plant and equipment 382.05 441.55 Equity share capital 52.73 55.64 Right-of-use assets 84.40 61.61 Other equity 2,084.69 1,939.67 Capital work-in-progres
Slide 22: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. In Crs) FY22 FY21 Profit before income tax 282.21 107.17 Adjustments for: 115.86 149.77 Cash flow before Working Capital changes 398.07 256.96 Change in operating assets and liabilities 22.31 132.17 Cash generated from operations 420.41 389.13 Income
Slide 23: Group Introduction
Group Introduction Group Introduction
Slide 24: Value Proposition
Value Proposition PRINT RADIO DIGITAL Print Non Print RIGHT mix of stability Undisputed LEADER: Strong GROWTH FASTEST growing and scalability: ✓ Dainik Jagran leads the IRS 2019 Potential: media: ✓ All businesses performed Q4 rankings with a total incredibly in the midst of negative ✓ Registered a r
Slide 25: Jagran Today
Jagran Today Print Digital Radio Jagran Prakashan Limited holds 74.05% 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 51 Awards upon the Group during the Quarter • Global Media Awards, INMA • ACEF Awards Dainik Jagran Team • Asian Media Awards, WAN IFRA Radio City Team won •
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