Entertainment Network (India) Limited · NSE:ENIL
Entertainment Network (India) — Q3 FY2009 Earnings Presentation
19 slides from Entertainment Network (India)'s earnings presentation, Jan 27, 2009
Slide 1: Investor Update: Performance Review Q3 FY09
INVESTOR UPDATE PERFORMANCE REVIEW: Q3 FY09 January 27, 2009 1
Slide 2: Presentation Path
Presentation Path Financial Review Business Review Strategic Direction Investor Contact 2
Slide 3: Financial Review
Financial Review 3
Slide 4: Condensed Statement Of Operations (Standalone Q3)
Condensed Statement Of Operations Standalone %age of %age of (Rs. Million) Q3FY09 Total Income Q3FY08 Total Income Growth (%) Income from Operations 597.4 99.6% 676.0 99.7% (11.6%) Other Operating Income 2.2 0.4% 2.0 0.3% 13.8% Total Income 599.7 100.0% 677.9 100.0% (11.5%) Operating Expenditure 416
Slide 5: Condensed Statement Of Operations (Standalone YTD)
Condensed Statement Of Operations Standalone YTD Dec.31, %age of YTD Dec.31, %age of (Rs. Million) 2008 Total Income 2007 Total Income Growth (%) Income from Operations 1,780.7 99.6% 1,620.4 99.8% 9.9% Other Operating Income 6.6 0.4% 2.7 0.2% 141.6% Total Income 1,787.3 100.0% 1,623.2 100.0% 10.1% O
Slide 6: Q3 FY09 Performance Review
Q3 FY09 Performance Review (All comparisons with Q3 FY08) • On a like-to-like basis (10 legacy stations): - Total Income reported Rs. 445.6 million, down 15.7% - EBITDA down 9.1% to Rs 168.6 million - EBITDA margin stood at 37.9% vis-à-vis 35.1% • 22 new stations’ revenues grew by 3.3% – New station
Slide 7: Condensed Statement Of Operations (Consolidated Q3)
Condensed Statement Of Operations Consolidated %age of %age of (Rs. Million) Q3FY09 Total Income Q3FY08 Total Income Growth (%) Income from Operations 1,101.2 99.8% 1,348.0 99.9% (18.3%) Other Operating Income 2.2 0.2% 2.0 0.1% 13.8% Total Income 1,103.5 100.0% 1,350.0 100.0% (18.3%) Operating Expen
Slide 8: Condensed Statement Of Operations (Consolidated YTD)
Condensed Statement Of Operations Consolidated YTD Dec.31, %age of YTD Dec.31, %age of (Rs. Million) 2008 Total Income 2007 Total Income Growth (%) Income from Operations 3,266.7 99.8% 2,901.6 99.9% 12.6% Other Operating Income 6.6 0.2% 2.7 0.1% 141.6% Total Income 3,273.3 100.0% 2,904.3 100.0% 12.7
Slide 9: Consolidated Financial Performance
Consolidated Financial Performance Q3FY09 Inter Co. Rs. Million ENIL TIM ABSL Adjustments Consolidated Income from Operations 597.4 398.2 128.8 (23.3) 1,101.2 Other Operating Income 2.2 - 0.0 - 2.2 Total Income 599.7 398.2 128.8 (23.3) 1,103.5 Expenditure Production Expenses 52.7 17.8 90.7 (2.7) 158
Slide 10: Q3FY09 Performance Overview
Q3FY09 Performance Overview Consolidated (All comparisons with Q3 FY08) • Times OOH revenues down by 5.0% – Profitability under pressure due to DIAL and start-up phase of new projects – We surrendered two loss making contacts in New Delhi • Lower revenues in event management business due to the abse
Slide 11: Business Review
Business Review Wo eran nerwone umoraD et :
Slide 12: Key Operating Highlights: Radio Business
Key Operating Highlights Radio Business • Private FM radio industry degrew by around 7%-9% during the quarter • Mirchi retained market leadership with approximately 40-41% share of private FM radio industry • As per RAM data, Mirchi is leader in Delhi, Mumbai, Kolkata and Bangalore put together • Ra
Slide 13: Key Operating Highlights: TIM and ABSL
Key Operating Highlights TIM and ABSL • Times Innovative Media Limited (“TIM”) entered into trading contracts with clients and carried sales promotions at Airport • Gross additions to customers base – Airports : 36 – Traditional : 92 • New revenue streams on track: Retail, Trading, Political Parties
Slide 14: Strategic Direction
Strategic Direction 400 erate werwone mora Le :
Slide 15: Strategic Direction
Strategic Direction Expand our footprint in radio broadcasting – Margin growth in existing stations – Horizontal Expansion - Additional licenses in new cities under Phase III Maintain market leadership in fast growing radio industry Focus on Out-of-Home media growth – Establish footprint in top 25 c
Slide 16: Strategic Direction (Cont'd)
Strategic Direction (Cont’d) Establish long-term client relationships for Experiential Marketing - Focus on multi-year contracts to drive revenue growth & margin expansion Focus on “owned” rather than “managed” events. Target areas where scale can be leveraged – Focus on big-ticket / higher margin s
Slide 17: Investor Contact
Investor Contact Entertainment Network is committed to improving its performance every fiscal and continuously enhance shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among shareh
Slide 18: Disclaimer
Disclaimer Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties rela
Slide 19: Thank You
THANK YOU 19
Entertainment Network (India) — Q3 FY2009 Earnings Presentation on 6ix