Jagran Prakashan Limited · NSE:JAGRAN

Jagran Prakashan — Q1 FY20 Earnings Presentation

32 slides from Jagran Prakashan's earnings presentation, Jul 31, 2019

  1. Slide 1: Jagran Prakashan investor presentation intimation to stock exchange

    THE WORLD'S LARGEST READ DAILY July 31, 2019 " Jagran 1) Manager-CRD, BSE Ltd., Re: Jagran Prakashan Limited Phiroze Jeejeebhoy Towers, Scrip Code: 532705 Dalal Street, ISIN No.: INE199G01027 Mumbai-400001 2) Listing Manager, National Stock Exchange of India Ltd., Re: Jagran Prakashan Limited 'Excha

  2. Slide 2: Jagran Prakashan Limited Q1FY20 Result Presentation

    Jagran Prakashan Limited Q1FY20 Result Q1FY17Presentation Result Presentation 1

  3. 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

  4. Slide 4: Management Commentary

    Management Commentary Comment from Chairman and Managing Director “Economic headwinds continued causing increased stress on consumption and in consequence on advertising spend by the advertisers. Auto industry, being one of the largest advertisers, recorded the highest degrowth in their sales since

  5. Slide 5: Business Highlights

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  6. Slide 6: Group Key Highlights

    Group Key Highlights Print: Growth continues into Q1 Radio: Maintains EBITDA Margin at 32% • Local Ads segment continues growth momentum into Q1 • Continues with yield improvement of 4% this quarter • Auto category witnessed Steepest de-growth since 1995 • Agreement signed with RBNL and Application

  7. Slide 7: Business Performance

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  8. Slide 8: New Generation Business Performance

    De-Risked Business Model Operating Revenue Operating Profit Profit Before Tax Revenue Breakup – Q1 FY20 -5% 6% 122 -10% -28% 115 26 20 New Generation Business Performance 2% 24 15 12% Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 CAGR: +12% CAGR: +22% CAGR: +35% 80% 509 107 87 289 40 20 Print Radi

  9. Slide 9: Print Business Performance

    Print Business Performance ADVERTISMENT REVENUE OPERATING REVENUE +2% +1% 346 353 467 473 Q4 FY19 Q1 FY20 Q4 FY19 Q1 FY20 OPERATING PROFIT PROBIT BEFORE TAX +8% +2% 117 89 91 108 Q4 FY19 Q1 FY20 Q4 FY19 Q1 FY20 8

  10. Slide 10: Print Business Quarterly Trend

    Print Business Quarterly Trend ADVERTISMENT REVENUE OPERATING REVENUE +1% +2% 483 484 467 473 434 -2% 361 364 346 353 311 -2% Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 OPERATING PROFIT PROBIT BEFORE TAX +8% +2% 137 120 108 117 -15% -24% 104 87 89 91 76 57 Q1 FY1

  11. Slide 11: Print Business Performance – Operating Revenue

    Print Business Performance – Operating Revenue DAINIK JAGRAN OTHER PUBLICATION Print Business witnessed Ad +1% +3% 400 83 Revenue Growth of 2.2% with 386 389 83 81 Other Publications growing at 4.3% in Q1 De-growth in Auto and Government was recovered by Political and Education during the quarter Q1

  12. Slide 12: MBL: Operating Performance

    MBL: Operating Performance REVENUE EBITDA & Margin PBT & Margin 34.4% 32.1% 26.9% 20.8% 76 70 26 20 22 15 Maintains EBITDA Margin of 32% Q1 FY19 Q1 FY20 Q1 FY19 Q1 FY20 Q1FY19 Q1FY20 REVENUE EBITDA PROFIT BEFORE TAX CAGR: +13% 325 CAGR: +13% 113 CAGR: +32% 96 271 298 75 Improved Yield by 97 226 91 5

  13. Slide 13: Outdoor and Events Business Performance

    Outdoor and Events Business Performance +8% 39 36 148 35 -5% 136 Focus on Improving Profitability OPERATING REVENUE Q1FY19 Q4 FY19 Q1 FY20 FY18 FY19 Strategy: +14% • Events: Continue to focus 5.5 on improving the bottom 3.4 line 4.9 2.8 OPERATING PROFIT • Outdoor: Improving the +209% operating margi

  14. Slide 14: Digital Business Performance

    Digital Business Performance +30% +20% Rapid growth in 11 40 News/Information category 10 33 8 with 56 Million Users, 513 Million Page Views and 506 Million Minutes spent OPERATING REVENUE Q1FY19 Q4 FY19 Q1 FY20 FY18 FY19 Launched English language portal – english.jagran.com Vishvas.News, India's -1

  15. Slide 15: Softening of Newsprint Prices to Improve Profitability

    Softening of Newsprint Prices to Improve Profitability Raw Material to Sales Other Expense to Sales 41% 39% 21% 38% 20% 21% 21% 22% 21% 20% 37% 36% 35% 20% 19% 35% 35% 36% Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Fu

  16. Slide 16: Digital – Investing to Build leadership

    Digital – Investing to Build leadership Indian website in overall Our Digital Media Portfolio Healthcare Industry with 5.5 Mn Unique Users Ranked 1st in • Digital Advertisement Revenue growth Education category #1 as per Unique for Q1FY20 #10 in news Users and info 56.0 ✓ 30% QoQ Print Digital Growt

  17. Slide 17: Financial Performance

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  18. Slide 18: Mid-day Financial Performance

    Mid-day Financial Performance Particulars (Rs. in Crs) Q1 FY20 Q4 FY19 Q1 FY19 Operating Revenue 28.01 26.85 27.97 Advertisement 20.95 20.01 21.31 Circulation 5.90 5.99 5.98 Other Operating Income 1.16 0.85 0.68 Expenses 24.36 23.68 23.19 Operating Profit 3.65 3.17 4.78 Operating Profit Margin 13.03

  19. Slide 19: MBL Financial Performance

    MBL Financial Performance Particulars (Rs. in Crs) Q1 FY20 Q4 FY19 Q1 FY19 Operating Revenue 69.78 81.87 75.68 Expenses 47.42 49.90 49.62 Operating Profit 22.36 31.97 26.06 Operating Profit Margin 32.05% 39.05% 34.42% Other Income 3.29 4.61 2.42 Depreciation 8.59 6.91 6.74 Interest 2.57 1.52 1.38 Pr

  20. Slide 20: Operating Margin Break-up

    Operating Margin Break-up Particulars (Rs. in Crs) Q1 FY20 Q4 FY19 Q1 FY19 Dainik Jagran* Operating Revenue 389.44 385.86 400.46 Operating Profit 114.41 107.95 133.15 Operating Margin 29.38% 27.98% 33.25% Other Publications* Operating Revenue 82.59 80.22 81.99 Operating Profit 2.87 0.60 3.99 Operati

  21. Slide 21: Consolidated Profitability Statement

    Consolidated Profitability Statement Rs In Cr Q1 FY20 Q1 FY19 YoY Q4 FY19 QoQ FY19 FY18 YoY Revenues 584.3 602.6 -3% 592.8 -1% 2,362.7 2,304.0 3% Advertisement Revenue * 431.3 445.3 433.1 1,736.6 1,697.2 Circulation Revenue 108.6 109.7 109.6 437.6 432.6 Others 44.3 47.5 50.1 188.4 174.2 License Fees

  22. Slide 22: Consolidated Balance Sheet

    Consolidated Balance Sheet ASSETS (Rs. In Cr) Mar-19 Mar-18 EQUITY AND LIABILITIES (Rs. In Cr) Mar-18 Mar-19 Non-Current Assets 1,879.2 2,051.3 Equity and Liabilities 2,101.7 2,287.1 Property, plant and equipment incl. CWIP 575.0 525.7 Investment Property Equity share capital 59.3 62.3 91.1 90.8 Goo

  23. Slide 23: Group Introduction

    Group Introduction Group Introduction

  24. Slide 24: Value Proposition

    Value Proposition PRINT RADIO DIGITAL Print Non Print Undisputed LEADER: Strong GROWTH FASTEST growing RIGHT mix of stability ✓ Dainik Jagran leads the IRS 2019 Potential: media: and scalability: Q1 rankings with a total ✓ Print Business continues to readership of 7.37 Cr ✓ Reaping benefits of geogr

  25. Slide 25: Jagran Today

    Jagran Today Print Digital Radio Jagran Prakashan Limited holds 72.81% of Music Broadcast Limited Activation OOH (RadioCity) 24

  26. Slide 26: What IRS 2019 Q1 says…

    What IRS 2019 Q1 says… • Addition of 1.8 crore new readers since IRS 2017 • Hindi dailies have added 1 crore new readers over IRS 2017 taking total reader base to 18.6 crores Print Media going strong • Group: Total Readership of 9.19 Crores, growth of 6% over IRS 2017 Dainik Jagran is the Most Read

  27. Slide 27: Multi Media Conglomerate – Width, Depth and Heritage

    Multi Media Conglomerate – Width, Depth and Heritage Two #1* Print India’s Largest* 92+ mn* Dailies, Dainik Jagran Readers (Hindi) and Inquilab read daily- Dainik (Urdu) #10 News / Jagran Information Category 10 with over 56.0 Mn Publications 13 Digital unique visitors Media Portals 5 Business No 1

  28. Slide 28: Brand Strength – Stability, Consistency and Trust

    Brand Strength – Stability, Consistency and Trust PRINT BUSINESS DIGITAL BUSINESS RADIO BUSINESS 27

  29. Slide 29: Awards & Certifications

    Awards & Certifications Recognizing Group’s leadership position in different fields of operations, various distinguished bodies have bestowed 134 Awards upon the Group during the quarter MBL Best Companies to Work WAN-IFRA The Global Business Leadership Forum, 2019 AIMA Managing India Award for "Lif

  30. Slide 30: Reward to Shareholders

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  31. Slide 31: An Attractive Shareholder Return

    An Attractive Shareholder Return Dividend % 175% 175% 100% 200% 175% 150% 150% 175% (on FV) PAT 404.9 Dividend paid + Buy Back 350.8 349.3 308.0 302.3 310.9 274.2 254.7 226.2 207.8 178.3 164.0 128.6 128.6 137.4 114.7 93.4 52.7 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 BUY BACK of 1.50Cr BUY BACK

  32. Slide 32: Contact Us

    Contact Us Jagran Prakashan Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L22219UP1975PLC004147 CIN: U74140MH2010PTC204285 Mr. Amit Jaiswal Ms. Payal Dave amitjaiswal@jagran.com Contact: +91 9819916314, Email: payal.dave@sgapl.net Ms. Jigar Kavaiya Contact: +91 9920602034, Email: jigar.kavaiya@sgapl

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