Shemaroo Entertainment Ltd. · NSE:SHEMAROO
Shemaroo Entertainment — Investor Presentation (June 2023)
24 slides from Shemaroo Entertainment's investor presentation, Jun 7, 2023
Slide 1: Covering letter to stock exchanges
June 07, 2023 The Secretary, The Secretary, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers Bandra-Kurla Complex Dalal Street, Bandra (E), Mumbai-400 051. Mumbai - 400 001. NSE Symbol: SHEMAROO Scrip Code : 538685 Dear Sir/Madam, Re: SHEMAROO ENTERTAINM
Slide 2: Investor Presentation – June 2023
Shemaroo Entertainment Limited INVESTOR PRESENTATION – JUNE 2023
Slide 3: Evolution of Shemaroo
Evolution of Shemaroo TV Syndication Telco YouTube DTH Pre-1995 1995 -2018 2018onwards The Genesis Adding Value Re-connecting to Platforms with the Consumers B2C B2B B2C Book Home Video Brand ShemarooMe Broadcasting Circulating Distribution Refresh Library 2
Slide 4: Building stronger consumer businesses
Building stronger consumer businesses Shemaroo (Pre 2018) Shemaroo Today (FY23) B2B B2B DIGITAL DIGITAL SYNDICATION SYNDICATION B2B2C YOUTUBE AND B2B2C DIGITAL DIGITAL FACEBOOK YOUTUBE 20% 40% SHEMAROOME B2C ME TRADITIONAL TRADITIONAL B2C BROADCASTING B2B2C DTH 80% 60% B2B2C DTH B2B B2B TV SYNDICATI
Slide 5: Large presence in the digital AVOD space through YouTube and Facebook
Large presence in the digital AVOD space through YouTube and Facebook B2B2C • Shemaroo 1 BOLLYWOOD MOVIES • Shemaroo Movies • Shemaroo Comedy • Shemaroo Filmi Gaane 2 BOLLYWOOD MUSIC • Shemaroo Musical Maestros • Shemaroo Gujarati 3 REGIONAL • Shemaroo MarathiBana • Shemaroo Punjabi • Shemaroo Bhakt
Slide 6: ShemarooMe is the leading OTT for Gujarati entertainment
ShemarooMe is the leading OTT for Gujarati entertainment B2C Launched ShemarooMe's Gujarati proposition in 2021, positioning it as a premier Gujarati-focused OTT service CONTENT: • Has an exciting mix of webseries, nataks and movies including direct-to-OTT releases • Offers one new fresh content pie
Slide 7: Growing presence in TV broadcasting with a portfolio of four channels
Growing presence in TV broadcasting with a portfolio of four channels B2C Shemaroo TV is a Hindi GEC channel that Shemaroo Umang, a Hindi GEC channel, offers a Shemaroo MarathiBana is the first Chumbak TV is a Hindi entertainment channel offers a broad spectrum of shows of line up of light-hearted st
Slide 8: Built a portfolio of diverse original TV Shows
Built a portfolio of diverse original TV Shows B2C 7
Slide 9: Content syndicated across most global media platforms
Content syndicated across most global media platforms B2B TELEVISION DIGITAL SYNDICATION SYNDICATION 8
Slide 10: Taken great strides across multiple fronts on the path set out in 2018
Taken great strides across multiple fronts on the path set out in 2018 1 2 3 4 DIGITAL BUILD TOWARDS DERISKED PROFESSIONAL BUSINESS A B2C COMPANY BUSINESS MANAGEMENT RAMP-UP MODEL Contribution of digital Launched two Significantly increased Built a strong revenue to our topline B2C businesses – predi
Slide 11: Strategy
Strategy WAY FORWARD 10
Slide 12: All the building blocks are in place
All the building blocks are in place Long-term Shareholder Value Creation Strong Cash Flows and Predictable Financials PILLARS Digital Traditional Technology and Data COMPETITIVE Relationships and Brand Professional Content IP ADVANTAGE Partnerships Management Consumer Scalable Share of the Content
Slide 13: Media spends tend to mirror GDP growth / degrowth
Media spends tend to mirror GDP growth / degrowth GDP Growth vs. M&E Sector Growth 25.00% 20.00% 15.00% 10.00% 5.00% Growth in media spends far 0.00% exceeded the growth in GDP -5.00% During periods of recession, media -10.00% spends witness a considerable drop compared to the drop in GDP -15.00% -2
Slide 14: Macro tailwinds: growing middle-class will boost advertising and subscription spends
MACRO TAILWINDS: Growing middle-class will boost both advertising as well as subscription spends HOUSEHOLDS> 219M 293M 386M High 1M 8M 29M >$40,000 (1%) (3%) (7%) Upper Mid 16M 61M 168M <$8,500-40,000 (7%) (21%) (44%) Low Mid 51M 97M 132M $4,000-8,500 (23%) (33%) (34%) Low 151 127M 57M <$4,000 (69)
Slide 15: Large and growing market: foundation to capitalize on television and digital media growth
LARGE AND GROWING MARKET: Laid the foundation to capitalize on the growth in both television and digital media CY 2022 CY 2025E Subscription Advertising Subscription Advertising DIGITAL 7,200 31,900 9,500-12,500 48,900 CAGR (2022-25): 10-20% CAGR (2022-25): 15% More than 3/4ths of the advertising ma
Slide 16: Digital media will continue to grow on a strong digital infrastructure foundation
LARGE AND GROWING MARKET: Digital media will continue to grow on the back of a strong foundation of digital infrastructure and adoption Affordable smartphones and cheap data prices …. Smartphone Users and Penetration Average price of 1GB (USD) 12.55 72% 66% 61% 62% 57% 7.37 5.62 4.29 346 439 493 550
Slide 17: Television still has headroom for growth
LARGE AND GROWING MARKET: Despite being the largest and most mature segment in M&E, television still has headroom for growth Headroom for Growth Price Arbitrage vs. Digital Consumption Remains Strong TV Dark Houses Pay TV Digital ~Hours of Consumption Per Day ARPU p.m. ARPU p.m. USA $40-80 $8-12 300
Slide 18: Competitive advantage: leveraging the strengths built over the years
COMPETITIVE ADVANTAGE: Leveraging the strengths built over the years PROFESSIONAL CONTENT IP MANAGEMENT Large content library across Leadership with strong languages pedigree in the industry and genres PARTNERSHIPS Built equity with key stakeholders BRAND across the value Built over 60 years chain C
Slide 19: Technology and data: investing in strengthening digital capabilities
TECHNOLOGY AND DATA: Investing in strengthening digital capabilities Digital Transformation at Enterprise Level Data Analytics Early Adopters in New-Age Tech 18
Slide 20: Digital: clear three-pronged strategy for growing digital businesses
DIGITAL: We have a clear three-pronged strategy for growing our digital businesses Scale-up advertising led digital businesses Grow SMe with a focus on regional and targeted segments Syndicate content across mainstream digital platforms Leading the channels of future 19 * Projected industry growth
Slide 21: Traditional: broadcasting growth driver, syndication drives cash flows
TRADITIONAL: While broadcasting will be the growth driver, syndication will drive cash flows Build a network of channels Build strong brand equity and consumer connect Target channel opportunities in TV industry growth of the Free and Pay ecosystem 4-5% p.a.* BROADCASTING Fortify partnerships in the
Slide 22: Strong cash flows and predictable financials
STRONG CASH FLOWS AND PREDICTABLE FINANCIALS Shift in mix towards B2C has led to more More than 80% of the investment in new initiatives FY2021 onwards has been predictable revenues funded through internal accruals Operating Revenue (in INR Mn) EBITDA (in INR Mn) Investment in New 575 + 673 + 540 =
Slide 23: Levers for long-term value creation
LEVERS FOR LONG-TERM VALUE CREATION Synergy Strong Capture Foundation of People and Scale-up of Processes B2C Initiatives TV = Scale Digital = Growth Macro and Economic Tailwinds TOMORROW 23 TODAY
Slide 24: Thank you
THANK YOU
Shemaroo Entertainment — Investor Presentation (June 2023) on 6ix