Music Broadcast Ltd. · NSE:RADIOCITY
Music Broadcast — Q4 FY2020 Earnings Presentation
18 slides from Music Broadcast's earnings presentation, May 25, 2020
Slide 1: Cover letter to stock exchanges
May 25, 2020 1. National Stock Exchange of India Ltd. 2. BSE Limited Exchange Plaza, 5th Floor Corporate Relationship Department Plot No. C/1, G Block; Bandra (East) Phiroze Jeejeebhoy Towers Mumbai 400 051 Dalal Street; Fort Mumbai 400 001 NSE Scrip Code: RADIOCITY BSE Scrip Code: 540366 ISIN: INE9
Slide 2: Music Broadcast Limited Investor Presentation May 2020
Music Broadcast Limited Investor Presentation May 2020
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Music Broadcast 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 secur
Slide 4: COVID-19 Lockdown Boosts Radio Consumption
COVID-19 Lockdown Boosts Radio Consumption.. Regular listeners (In Millions) 51 During COVID Lockdown Radio had a reach of 51 mn second only to TV with 56 mn 48 Pre COVID Lockdown Average daily duration in HH:MM 2:36 During lockdown Radio listener spent avg. of 02:36 (HH:MM) on 2:07 radio listening
Slide 5: Full Year Highlights
Full Year Highlights In Rs. Crs Revenue EBITDA & Margins Reported PAT 35% 27% 325 113 62 248 67 28 FY19 FY20 FY19 FY20* FY19 FY20 Due to Covid-19, the figures do not represent normal quarter/operations and are not strictly comparable with last year * Excludes One-time Expenses of Rs. 9.5 crs (Rs. 4.
Slide 6: Quarterly Highlights
Quarterly Highlights In Rs. Crs Revenue EBITDA & Margins Reported PAT 39% 9% 82 32 18 46 4 Q4 FY19 Q4 FY20 Q4 FY19 Q4 FY20* -9 Q4 FY19 Q4 FY20 Due to Covid-19, the figures do not represent normal quarter/operations and are not strictly comparable with last year * Excludes One-time Expenses of Rs. 9.
Slide 7: Efficient cost control measures help reduce slowdown impact
Efficient cost control measures help reduce slowdown impact Cost Heads (In Rs. Crs) FY20 FY19 Savings Initiatives Employee benefit expense 55.4 68.9 13.6 Salary Rationalization, Recruitment freeze and lower variable pay Majorly towards Royalty contract optimized by doing away with Royalty 6.9 14.1 7
Slide 8: Strong Balance Sheet – Zero Debt
Strong Balance Sheet – Zero Debt In Rs. Crs Borrowings 151 74 50 0 FY17 FY18 FY19 FY20 Debt-free post redemption of remaining NCDs and Term Loan during the quarter 7
Slide 9: Radio Industry – Full Year Category Trend
Radio Industry – Full Year Category Trend Growth Categories De-Growth Categories Central Auto Pharma Pharma Real Estate Government Electrical Dotcom Dotcom Contribution Volume 8% 6% 9% 5% 5% 5% Growth (YOY) De-Growth (YOY) Volume Growth 2% 9% 6% 70% 19% 49% Source: Aircheck 15 Markets 8
Slide 10: Listenership trends in Mumbai, Delhi and Bengaluru
Listenership trends in Mumbai, Delhi and Bengaluru Listenership Market Share Data Mumbai Bengaluru Delhi 30.00 20 20 20.00 % Share % Share % Share 10.00 0 0.00 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q4 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 FY19 FY19 FY19 FY19 FY20 FY20 FY20 FY20 FY19 FY19
Slide 11: Digital Performance
Digital Performance Social Media Reach Q4 Video IP’s Highlights Radio City Mobile App Digital reach of 18.7M Revamp from a music app to an entertainment app. New app includes through social media apps like Youtube, Facebook, Radio City’s videos, movie reviews entertainment news etc. Daily Twitter, T
Slide 12: Initiatives in the Quarter
Initiatives in the Quarter Radio City Cine Awards Mat Kar O2 Movement Marathi Season 3 Radio City enthralled Maharashtra with the season Radio City along with the Election Commission Radio City, reiterated its commitment towards 3 of one of the first ever listener choice award on culminated ‘#MATKar
Slide 13: Initiatives in the Quarter
Initiatives in the Quarter Radio City Ka Salaam Corona Radio City App Revamp Change Makers Fighters Ke Naam Radio City, recently launched its revamped mobile Radio City, India’s leading radio network, launched a Radio City applauded the efforts of women who app. The revamped version of the Radio Cit
Slide 14: Profit and Loss
Profit and Loss In Rs. Crs Q4FY20 Q4FY19 YoY Q3FY20 QoQ FY20 FY19 YoY Revenue 45.9 81.9 -44% 69.6 -34% 247.8 324.7 -24% Licenses Fees 4.8 5.0 5.0 19.7 21.4 Employee Expenses 12.4 16.3 14.8 55.4 69.0 Other Expenses 24.6* 28.6 28.3 106.1* 121.2 EBITDA 4.2* 31.97 -87% 21.6 NA 66.6* 113.2 -41% EBITDA Ma
Slide 15: Balance Sheet
Balance Sheet Assets (In Rs. Crs) Mar-20 Mar-19 Equity and Liabilities (In Rs. Crs) Mar-20 Mar-19 Total Non-Current Assets 339.0 334.3 Shareholders Fund 631.8 603.3 Fixed Assets 309.1 310.0 Share Capital 69.1 55.3 Tangible Assets 73.6 74.9 Other Equity 562.7 548.0 Intangible Assets 214.2 235.1 Right
Slide 16: Cash Flow Statement
Cash Flow Statement In Rs. Crs Year ended 31-Mar-20 Year ended 31-Mar-19 Profit before tax 28.9 95.5 Adjustments 33.9 17.0 Operating Profit Before Working Capital Changes 62.8 112.5 Change in operating assets and liabilities -2.5 -8.7 Cash generated from operations 60.3 103.8 Income taxes paid -11.0
Slide 17: Creating Value for Future Growth
Creating Value for FUTURE GROWTH Cashflow for the Period (For the year 2019-2020) In Rs. Crs 100 90 80 32 70 Repayment of Rs. 74 Crores 60 74 during the year 50 40 49 30 20 15 15 10 8 0 Opening Balance Net Cash generated Change in Investing Activity Repayment of Borrowing Cash Balance from Operation
Slide 18: Contact Us
CIN: L64200MH1999PLC137729 Ms. Sangeetha Kabadi Email : sangeethak@myradiocity.com Mr. Jimmy Oza Email: jimmyo@myradiocity.com www.radiocity.in Contact Us CIN: U74140MH2010PTC204285 Ms. Payal Dave Email : payal.dave@sgapl.net Mr. Jigar Kavaiya Email : jigar.kavaiya@sgapl.net www.sgapl.net