Ht Media Limited · NSE:HTMEDIA
Ht Media — Q4 FY2023 Earnings Presentation
25 slides from Ht Media's earnings presentation, May 18, 2023
Slide 1: Exchange filing cover letter for audited results presentation
18th May, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532662 Trading Symbol: HTMEDIA Sub: Presentation on the Audited Financial Results o
Slide 2: HT Media Group Q4 & FY 2022-23 Consolidated Financial Results
HT MEDIA GROUP Q4 & FY 2022-23 Consolidated Financial Results 1
Slide 3: Cautionary Statements
Cautionary Statements Certain statements in this presentation may be forward-looking statements. Such forward looking statements are subject to risks and uncertainties like regulatory changes, local political and economic developments, technological risks and many other factors that could cause our
Slide 4: Chairperson’s Message
Chairperson’s Message “In the last fiscal, your Company witnessed a growth in its top-line, which came after two pandemic-impacted years that saw a broad industry-wide slowdown. As a whole, our businesses saw an improvement in the year, despite concerns arising from sustained input cost inflation an
Slide 5: Table of Contents
Table of Contents PARTICULARS SLIDE NO. Consolidated Performance 5 Business Unit Performance 7 Print 8 Print – English 10 Print – Hindi (HMVL) 12 Radio 14 Digital 16 Annexures 20 4
Slide 6: Consolidated Performance
CONSOLIDATED PERFORMANCE 5
Slide 7: Consolidated Financial Summary
Consolidated Financial Summary CONSOLIDATED PERFORMANCE Particulars (INR cr) Q4FY22 Q4FY23 YoY FY'22 FY'23 YoY Total Revenue 456 494 8% 1,678 1,862 11% 1 EBITDA 57 14 -75% 204 13 -94% EBITDA margin (%) 13% 3% 12% 1% PBT 10 (34) -449% 14 (196) -1485% PBT margin (%) 2% -7% 1% -11% Net Cash2 1,082 935
Slide 8: Business Unit Performance
BUSINESS UNIT PERFORMANCE 7
Slide 9: Print, Print – English, Print – Hindi, Radio, Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 8
Slide 10: Print
Print FINANCIAL PERFORMANCE Particulars (INR cr) Q4FY22 Q4FY23 YoY FY'22 FY'23 YoY Ad Revenue 249 269 8% 950 1,062 12% Circulation Revenue 53 60 12% 201 236 18% Operating Revenue 357 374 5% 1,269 1,434 13% Operating EBITDA 43 15 -65% 120 (2) -101% Op EBITDA margin (%) 12% 4% 9% 0% KEY HIGHLIGHTS ▪ I
Slide 11: Print – English
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 10
Slide 12: Print – English
Print – English AD REVENUE (INR cr) CIRCULATION REVENUE (INR cr) YoY YoY YoY YoY +17% +15% +64% +96% 16 54 154 132 588 510 10 28 Q4FY22 Q4FY23 FY'22 FY'23 Q4FY22 Q4FY23 FY'22 FY'23 KEY HIGHLIGHTS ▪ Double digit ad revenue growth in the quarter and full year led by better ad volume. ▪ On a full year,
Slide 13: Print – Hindi
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 12
Slide 14: Print – Hindi
Print – Hindi AD REVENUE (INR cr) CIRCULATION REVENUE (INR cr) YoY YoY YoY YoY -1% +8% 0% +5% 174 183 117 116 441 474 44 44 Q4FY22 Q4FY23 FY'22 FY'23 Q4FY22 Q4FY23 FY'22 FY'23 KEY HIGHLIGHTS ▪ For the quarter ad revenue has been flat but full year ad revenue growth was 8%. ▪ On a full year, categori
Slide 15: Radio
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 14
Slide 16: Radio
Radio FINANCIAL PERFORMANCE Particulars (INR cr) Q4FY22 Q4FY23 YoY FY'22 FY'23 YoY Operating Revenue 31 36 18% 101 144 42% Operating EBITDA 1 (3) -596% (15) 6 143% Op EBITDA Margin (%) 2% -7% -14% 4% KEY HIGHLIGHTS ▪ Significant revenue growth for the quarter and the full year. ▪ Operating EBITDA ha
Slide 17: Digital
PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 16
Slide 18: Digital
Digital FINANCIAL PERFORMANCE Particulars (INR cr) Q4FY22 Q4FY23 YoY FY'22 FY'23 YoY Operating Revenue 34 32 -6% 132 133 0% Operating EBITDA (5) (22) -310% (12) (75) -515% Op EBITDA Margin (%) -16% -71% -9% -57% KEY HIGHLIGHTS ▪ During the year ended March 31, 2023, 'Over-the-top (OTT) Play’ busines
Slide 19: Q&A
Q&A 1. To ask a question, Click on “Raise Hand” 2. On your turn, click on “Unmute Myself” 3. Ask your question 18
Slide 20: HT Media Group contact details
HT Media Group Hindustan Times House, 2nd Floor, 18-20, Kasturba Gandhi Marg New Delhi – 110001, India Anna Abraham Kanika Malik Aaditya Mulani IR@hindustantimes.com Anvita Raghuram htmedia@churchgatepartners.com 19
Slide 21: Annexures
ANNEXURES 20
Slide 22: Consolidated P&L – HT Media Ltd
Consolidated P&L – HT Media Ltd Particulars (INR cr) Q4FY22 Q4FY23 YoY FY'22 FY'23 YoY Operating Revenue 421 441 5% 1,500 1,711 14% Other Income 35 53 52% 177 151 -15% Total Revenue 456 494 8% 1,678 1,862 11% Raw Materials & Change in Inventory 118 143 21% 407 608 49% Employee Cost 93 98 5% 371 395
Slide 23: Consolidated B/S – HT Media Ltd
Consolidated B/S – HT Media Ltd As at 31 Mar'22 Particulars (INR cr) As at 31 Mar'23 ASSETS Non- current assets 1,093 Financial assets 1,311 973 Property, plant and equipment 989 494 Others 419 2,560 Total non-current assets 2,719 Current assets 153 Inventories 157 1,554 Financial assets 1,127 130 O
Slide 24: Consolidated P&L – Hindustan Media Ventures Ltd
Consolidated P&L – Hindustan Media Ventures Ltd Particulars (INR cr) Q4FY22 Q4FY23 YoY FY'22 FY'23 YoY Operating Revenue 197 188 -5% 669 713 7% Other Income 5 29 463% 78 78 1% Total Revenue 202 217 7% 747 792 6% Raw Materials & Change in Inventory 68 70 3% 244 314 29% Employee Cost 38 37 -3% 152 160
Slide 25: Consolidated B/S – Hindustan Media Ventures Ltd
Consolidated B/S – Hindustan Media Ventures Ltd As at 31 Mar'22 Particulars (INR cr) As at 31 Mar'23 ASSETS Non- current assets 713 Financial assets 907 281 Property, plant and equipment 349 89 Others 109 1,083 Total non-current assets 1,365 Current assets 77 Inventories 64 973 Financial assets 687