Slide 1: To be the largest and most admired language media brand
TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDIA BRAND ENABLING SOCIO- ECONOMIC CHANGE July 2018 VALUES TO BE THE LARGEST – Trendsetting AND MOST | Result-oriented ADMIRED LANGUAGE | Analytical MEDIA BRAND ENABLING| Connected SOCIO-ECONOMIC CHANGE
Slide 2: Forward-looking statements disclaimer
Some of the statements made in this presentation are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the directors and management of Dainik Bhaskar Group (DB Corp Ltd.) about its business and the industry and market
Slide 3: Hindi print growing at 8.76% CAGR over last 10 years
• Hindi Print has been growing at 8.76% CAGR over last 10 years • Overall Print has been growing at 4.87% CAGR over last 10 years 2006 2016 Increase CAGR% Overall Print Circulation 3.91 Cr. 6.28 Cr. 2.37 Cr. 4.87 Hindi Print Circulation 1.06 Cr. 2.45 Cr. 1.39 Cr. 8.76 No. of publishing Centre's 659
Slide 4: Circulation CAGR by language
Language CAGR % Hindi 8.76 Telugu 8.28 Kannada 6.40 Tamil 5.51 Malayalam 4.11 English 2.87 Punjabi 1.53 Marathi 1.50 Bengali 1.49 Source: Audit Bureau of Circulation Press Release dated 8th May 2017 TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDIA BRAND ENABLING SOCIO-ECONOMIC CHANGE 4
Slide 5: Newspaper readership in last month, all India
Read in Last 1 ALL INDIA URBAN RURAL Month 2014 2017 2014 2017 2014 2017 Dailies 31% 39% 47% 53% 22% 31% Readers in Crore 29.5 40.7@ 15.2 19.3 14.3 21.4 +11 Cr +4 Cr +7 Cr @ = includes readers for which mastheads were not fielded (smaller titles) Source: MRUC Website - http://mruc.net/uploads/posts/
Slide 6: IRS 2017 - AIR - Urban readership, excluding financial dailies
IRS 2017 - AIR – URBAN | Excluding Financial Dailies Dainik Bhaskar The Times Dainik Group Jagran of India Group Group 12.6 Mn. Readers 11.2 Mn. 11.9 Mn. Readers Readers Dainik Bhaskar Group : Dainik Bhaskar | Divya Bhaskar | Divya Marathi | Saurashtra Samachar The Times of India Group: The Times of
Slide 7: Market leadership position by state
Madhya Pradesh Dominant Chhattisgarh Dominant Haryana Dominant Chandigarh Dominant Dominant in Jaipur Rajasthan At par in overall Rajasthan now Investing to attain overall leadership Leader in Ahmedabad Gujarat Close No.2 overall Started investing last year Bihar Now Close No.2 Further investing in
Slide 8: Investing in Rajasthan, Gujarat and Bihar for leadership
Looking at future opportunities, DB Corp has been investing in markets of Rajasthan, Gujarat and Bihar, to attain clear leadership. Also investing in Other markets to further strengthen dominance with high quality product and stronger readership. TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDIA BRA
Slide 9: Striving dominance in 7 markets
Striving Dominance in 7 markets of DB Corp Current Dominant Markets Targeted to be Dominant - Madhya Pradesh in more 3 Markets - Chhattisgarh - Gujarat - Haryana - Rajasthan - Chandigarh - Bihar • Adding 3 more new dominant markets, will result in improvement in market share in volume and rate. TO B
Slide 10: Content strategy and differentiators
1. Kendra Mein Pathak 2. Knowledge Content to enrich the reader 3. Idea based Journalism 4. Differentiator 5. Content strategy + innovative reader engagement initiatives TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDIA BRAND ENABLING SOCIO-ECONOMIC CHANGE 10
Slide 11: NNR: National News Room
1. NNR : National News Room – • We have a dedicated robust structure which churns out national-international News of the Day after thoroughly passing through Knowledge sieve. • So that our Readers get most important items in Easy to read, Easy to understand format. With relevant knowledge. • Clear a
Slide 12: NINR: National Ideation News Room
2. NINR : National Ideation News Room – • Works centrally for Ideas. It brings out all Special and Different pages and sections of Dainik Bhaskar. • Main focus is to provide Knowledge content most relevant to the Reader. • Like the Sunday Jacket - now in it's 7th year. Yet so refreshing. Consists Sp
Slide 13: 94.3 MY FM radio operations
• Launched in 2006, 94.3 MY FM operates from 30 stations in 7 states • 94.3 MY FM continues to be no.1. in markets of Madhya Pradesh, Chhattisgarh and Rajasthan and largest network in Chandigarh, Punjab and Haryana. • Consolidating presence in line with strategy to be market leader in “Unmetro” geog
Slide 14: Radio revenue and EBIDTA trend
Revenue (Rs. In mn) EBIDTA (Rs. In mn) 1358 1076 400 362 318 801 555 124 37% 27% 40% 22% FY 2012 FY 2014 FY 2016 FY 2018 FY 2012 FY 2014 FY 2016 FY 2018 TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDIA BRAND ENABLING SOCIO-ECONOMIC CHANGE 14
Slide 15: Digital traffic focus: social and brand/search
Presently digital market has two types of traffic: • Social • Brand / Search Company focus: 1. How to drive Social traffic? 2. How to drive Brand / Search traffic? as needs for both are different Accordingly we are focusing on Dainik Bhaskar & Divya Bhaskar - content team being build up separately t
Slide 16: Over the last 3 years
Over the last 3 years TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDIA BRAND ENABLING SOCIO-ECONOMIC CHANGE 16
Slide 17: Revenue: advertising and circulation
(Rs. million) YoY YoY FY 16 FY 17 FY 18 Particulars Growth Growth (Rs.) (Rs.) (Rs.) (%) (%) Advertising Income 14812 15973 7.8% 16425 2.8% Circulation Revenue 4356 4814 10.5% 5145 6.9% ==> PO Copies (in lacs) 52.15 52.28 0.2% 55.20 5.6% ==> Avg Cover Price 3.65 3.96 8.7% 4.08 3.0% (Rs. per copy) Tot
Slide 18: Newsprint cost
(Rs. million) YoY YoY FY 16 FY 17 FY 18 Particulars Growth Growth (Rs.) (Rs.) (Rs.) (%) (%) Newsprint Cost 6186 6609 6.8% 7307 10.6% ==> Newsprint Rate per MT 33470 34989 4.5% 36159 3.3% ==> Newsprint Qty (in MT) 184833 188880 2.2% 202091 7.0% TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDIA BRAND
Slide 19: Personnel and other expenses
(Rs. million) YoY YoY FY 16 FY 17 FY 18 Particulars Growth Growth (Rs.) (Rs.) (Rs.) (%) (%) Personnel Cost 3909 4258 8.9% 4364 2.5% Admin, Selling & Other Exp 2680 2851 6.4% 3357* 17.7% Other Operating 2369 2440 3.0% 2619* 7.3% Expenditure Total 8958 9549 6.6% 10340 8.3% * Increase on account of cir
Slide 20: EBIDTA and net profit
(Rs. million) FY 16 FY 17 FY 18 Particulars (Rs.) (Rs.) (Rs.) EBIDTA 5590 6592 5875 EBIDTA Margin 27% 29% 25% Net Profit 2921 3748 3240 Net Profit Margin 14.1% 16.5% 13.8% TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDIA BRAND ENABLING SOCIO-ECONOMIC CHANGE 20
Slide 21: Net worth, cash, loans and ROCE
(Rs. million) FY 16 FY 17 FY 18 Particulars (Rs.) (Rs.) (Rs.) Net Worth 13945 15930 19291 Secured Long Term Gross Loan 536 262 - Cash & Bank Balance 926 1754 3223 Working Capital Loan 631 288 301 Net Block (Fixed) 9128 8833 9634 ROCE 29.9% 33.1% 24.3% TO BE THE LARGEST AND MOST ADMIRED LANGUAGE MEDI
Slide 22: Board approved share buyback
• The Board of Directors at its meeting held on May 26, 2018 approved the proposal of buyback of 92,00,000 equity shares of Rs. 10/- each (representing approximately 5% of total equity share capital) from the shareholders of the company through the “Tender offer” route as prescribed under the Securi
Slide 23: Values
VALUES TO BE THE LARGEST – Trendsetting AND MOST | Result-oriented ADMIRED LANGUAGE | Analytical MEDIA BRAND ENABLING| Connected SOCIO-ECONOMIC CHANGE