Music Broadcast Ltd. · NSE:RADIOCITY
Music Broadcast — Q1 FY2019 Earnings Presentation
16 slides from Music Broadcast's earnings presentation, Jul 24, 2018
Slide 1: Cover letter to stock exchanges
July 24, 2018 1. National Stock Exchange of India Ltd. 2. BSE Limited Exchange Plaza, 5th Floor Corporate Relationship Department Plot No. C/1, G Block; Bandra (East) Phiroze Jeejeebhoy Towers Mumbai 400 051 Dalal Street; Fort Mumbai 400 001 NSE Scrip Code: RADIOCITY BSE Scrip Code: 540366 ISIN: INE
Slide 2: Music Broadcast Limited Investor Presentation July 2018
Music Broadcast Limited Investor Presentation July 2018
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Music Broadcast 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 secur
Slide 4: Key Highlights
Key Highlights 1. Consistent Revenue Growth - Rate hike implemented in all 12 core markets in Q1FY19 2. Operating Profits - Sustainable Margins of over 33% on annual basis 3. Profit After Tax - Half of Operating Profits translating into PAT 4. Right Business Strategy at Right Price - Advertisers sup
Slide 5: 1. Consistent Revenue Growth
1. CONSISTENT Revenue Growth In Rs. Crs Q1FY19 : Revenue Growth Yield: ▪ Rate hike implemented in all 12 core markets in Q1FY19 +8% 75.7 Inventory: ▪ Drop in variance between Peak & Non Peak time bands in Legacy Markets ▪ Improving Utilizations in Phase III Markets +12% Business Strategy: 70.3 ▪ Rea
Slide 6: 2. Continuing Outperformance in Operating Profits
2. Continuing OUTPERFORMANCE in Operating Profits In Rs. Crs Q1FY19 : Operating Profit 30.5% 31.5% 34.4% Improvement in Margins: +17% ▪ ~300 basis point improvement in EBITDA margins 26.0 Outlook: ▪ Sustainable Margins of over 33% on annual basis +16% Legacy Markets: 22.2 ▪ Yield and inventory impro
Slide 7: 3. Half of Operating Profits translating into PAT
3. Half of Operating Profits translating into PAT In Rs. Crs Q1FY19 : PAT 12.1% 15.4% 17.8% Business Strategy: +25% ▪ Efficient reach expansion & optimum capital allocation for Phase III 13.5 Improvement in Margins: +42% ▪ ~240 basis point improvement in PAT Margins 10.8 Outlook: ▪ Operating leverag
Slide 8: 4. Geographical Expansion Strategy working out
4. GEOGRAPHICAL EXPANSION STRATEGY working out Advertising Volume CAGR (FY16-18) Radio Industry : Advertising Volume Share 8.8% 100% 7.3% 87% Phase II 93% Radiocity Industry 6% 3x New Expansion 2% Q1 FY19 Industry Volume breakup: Multiple Frequency 5% 7% Q1FY18 Q1FY19 New Expansion: Government Real
Slide 9: 5. Group's philosophy of Rewarding Shareholders
5. Group’s philosophy of REWARDING SHAREHOLDERS ▪ Continuing the Group’s philosophy to reward Shareholders Amount Particulars Remarks (in Rs. Crs) ▪ Promoters & Key Managerial Personnel will NOT participate in Cash PAT* for FY18 78 Buy Back ▪ Buy Back Route Amount to be utilized for Buy Back (57) ▪
Slide 10: Other Updates
it: Radio City (RN IAGRAN INITIATIVE Other Updates A
Slide 11: Listenership trends in Mumbai and Bengaluru
Listenership trends in Mumbai and Bengaluru Listenership Market Share Data Mumbai Bengaluru 20 40 30 % Share % Share 20 10 0 0 FY15-16 FY16-17 FY17-18 YTD* FY15-16 FY16-17 FY17-18 YTD* Mirchi One Radio City Red Big Fever Mirchi One Radio City Big Ishq Nasha Redtro Indigo Fever Mirchi 95 Average of F
Slide 12: Awards in the Quarter
Awards in the Quarter Best Companies to Work Awards 2018-19 Music Broadcast Ltd. was ranked as the 8th Best Place to Work for amongst Radio City becomes the Most Influential Radio Network by Winning 66 Metals at the 700 participating organizations in the GPTW 2018 survey and was the Best Prestigious
Slide 13: Digital Performance
Digital Performance 52 Radio stations in 11 languages & 900+ playlists have generated a listenership of 44.3 Million 3.95 Mn Likes Applications 3.15 Lac Followers Launched: 0.63 Lac Followers 66.2 Mn Views Web Presence Facebook - Vidooly ranked Radio City no.1 against Radio Competition Twitter - Gig
Slide 14: Profit and Loss – Quarterly
Profit and Loss – Quarterly In Rs. Crs Q1FY19 Q1FY18 YoY Q4FY18 QoQ FY18 Revenue 75.7 70.3 8% 75.9 0% 298.3 Licenses Fees 5.3 5.2 5.3 21.3 Employee Expenses 18.0 17.1 17.1 68.9 Other Expenses 26.3 25.8 26.2 111.0 EBITDA 26.0 22.2 17% 27.4 -5% 97.1 EBITDA Margin 34.4% 31.5% 36.0% 32.6% Other Income 2
Slide 15: Balance Sheet
Balance Sheet Assets (In Rs. Crs) Mar-18 Mar-17 Liabilities (In Rs. Crs) Mar-18 Mar-17 Total Non Current Assets 490.2 361.9 Shareholders Fund 599.9 548.1 Fixed Assets 296.9 311.6 Tangible Assets 41.2 35.3 Share Capital 57.1 57.1 Intangible Assets 255.7 276.3 Other Equity 542.8 491.1 Intangible Asset
Slide 16: Contact Us
CIN: L64200MH1999PLC137729 Ms. Sangeetha Kabadi Email : sangeethak@myradiocity.com Mr. Jimmy Oza Email: jimmyo@myradiocity.com www.radiocity.in Contact Us CIN: U74140MH2010PTC204285 Ms. Payal Dave Email : payal.dave@sgapl.net Ms. Payal Sheth Email: payal.sheth@sgapl.net www.sgapl.net