Siti Networks Limited · NSE:SITINET
Siti Networks — Q1 FY2021 Earnings Presentation
16 slides from Siti Networks's earnings presentation
Slide 1: SITI Networks Limited Q1FY21 Investor Presentation
SITI Networks Limited Q1FY21 Investor Presentation Formerly known as SITI Cable Network Limited BSE : 532795 | NSE : SITINET | Bloomberg : SCNL:IN | Reuters : SITI.NS www.sitinetworks.com SITI Networks Limited – Confidential 1
Slide 2: Disclaimer
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 SITI Networks Limited (SITI Networks) about its business and the indust
Slide 3: Overview
ZINDAGI«. NETWORK ati ae fae a
Slide 4: India's Leading Digital TV Network
• India’s Leading Digital TV Network • Present in 20+ States across India • Footprint across 249+ districts 800 locations • Delivering content to consumers 24/7 4
Slide 5: SITI Networks: India's Leading Digital TV Network
SITI Networks India’s Leading Digital TV Network 1st MSO launched in 1st MSO to give CRM 1st MSO listed on Stock 1st MSO to launch local Nation-wide India tool to Partners Exchange channels Distribution 24,000+ strong 01 Launched in 1994 02 OYC tool offered to LCOs 03 SITINET listed on NSE 04 Bouque
Slide 6: Present across 800+ locations
SITI Networks Present across 800+ locations Uttaranchal Haryana Uttar Pradesh Bihar Delhi Assam Nagaland Rajasthan Meghalaya Gujarat Jharkhand Madhya Pradesh West Bengal Maharashtra Odisha Chhattisgarh Karnataka Telangana Andhra Pradesh Kerala
Slide 7: Competitive Advantage
SITI Networks Competitive Advantage 01 02 03 04 05 India’s largest MSO Using latest MPEG4 OYC Subscriber In discussion with Professional STBs Management System various service Management Presence across 800 providers for creating locations Broadband through Conax CAS value adds for SITI Lean and Agi
Slide 8: Promoter Group
Promoter Group Corporate Structure • Launched in 1926, the Parent Group (“Essel Group”) completed 90 years recently; One of India's leading business houses, with a dominant vertically integrated presence in Media and entertainment • Leading producer, aggregator and distributor of Indian programming
Slide 9: Sizeable Free Float & Institutional Ownership
SITI Networks Sizeable Free Float & Institutional Ownership 3.9% 1.4% Mutual Funds Others 10.4% 65.7% Promoters Individuals 11.8% FII’s 6.8% Indian Companies Shareholding Pattern 872 Mn Shares As of 31 Mar 2020 Others include HUF, Clearing Members, banks, trusts and NRIs
Slide 10: Technology Infrastructure
Technology Infrastructure Video & Broadband • 10 Digital Headends; Intra-city OFC and Coax Network of ~33,000 Kms covering ~ 800 locations • Transport of Digital CATV signals on 1.2 Gbps links across the country; ~500 IP Points • Hybrid (DOCSIS+ GPON) Technology to offer Cable Broadband services Dig
Slide 11: Business Scenario: Q1 FY21 Update
Business Scenario : Q1 FY21 Update ▪ CoVid19 severely impacted all business areas in Q1 including ours, summarizing key business impact below – ▪ CoVid infection has crossed 4.5 mn in India and increasing every day (90k per day) ▪ Severe lock down norms and Containment Zones, impacted our normal bus
Slide 12: Financials & Operating Metrics
Financials & Operating Metrics 12
Slide 13: Consolidated results
SITI Networks Consolidated results • Operating EBITDA at Rs.735 Mn • Operating EBITDA Margin stands at 19.2% • Total Revenue down marginally by 2.6% y-o-y to Rs. 3,823 Mn • Subscription ARPU leaps 1.02x q-o-q to Rs.128 1. Excluding Activation
Slide 14: Q1 FY21 vs Q4 FY20 Consolidated Waterfall Analysis
Q1 FY21 vs Q4 FY20 Consolidated Waterfall Analysis Rs. Mn • Gross Margin = Subscription + Placement/Marketing Income - Pay Channel – Marketing Cost
Slide 15: Operating EBITDA Margin Trend - Video
Operating EBITDA Margin Trend- Video 19.8% 18.5% 2 16.9% 94% 10.094 9-7, nt i mag EBITDA (Excl. Activation) 22.5%24.0% 1.3% 22.8% 22.0% 21.8% | ia” =®—EBITDA % (Excl. Activation) 15 r 30.0% + 25.0% 20.2% + 20.0% + 15.0% + 10.0% + 5.0% I | 9.0% FY 18FY 18FY 18FY 18FY 19FY 19FY 19FY 19FY 20FY 20FY 20F
Slide 16: Thank You
Thank You Investor Relations, SITI Networks Limited investorrelations@siti.esselgroup.com