Entertainment Network (India) Limited · NSE:ENIL
Entertainment Network (India) — Q1 FY09 Earnings Presentation
17 slides from Entertainment Network (India)'s earnings presentation, Jul 31, 2008
Slide 1: Investor Update: Performance Review Q1 FY09
INVESTOR UPDATE PERFORMANCE REVIEW: Q1 FY09 July 31, 2008 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)
Condensed Statement Of Operations Standalone Q1 FY09 Q1 FY08 YoY (Rs. Million) Growth (%) Income from Operations 570.7 409.6 39.3% Other Income 10.3 0.4 NM Total Income 581.0 410.0 41.7% Operating Expenditure 467.8 343.4 36.2% EBITDA 113.2 66.6 70.0% Margin 19.5% 16.2% Depreciation 43.9 19.7 122.8%
Slide 5: Q1 FY09 Performance Review
Q1 FY09 Performance Review (All comparisons with Q1 FY08) • On a like-to-like basis (10 legacy stations): - Total Income grew by 5.9% to Rs. 419.6 million - EBITDA up 24.5% to Rs 109.4 million - EBITDA margin stood at 26.1% vis-à-vis 22.2% • 22 new stations posted strong revenues – New stations are
Slide 6: Condensed Statement Of Operations (Consolidated)
Condensed Statement Of Operations Consolidated %age of %age of (Rs. Million) Q1FY09 Total Income Q1FY08 Total Income Growth (%) Income from Operations 1,069.7 98.7% 691.0 99.9% 54.8% Other Income 14.3 1.3% 0.7 0.1% NM Total Income 1,084.0 100.0% 691.7 100.0% 56.7% Operating Expenditures 1,040.7 96.0
Slide 7: Consolidated Financial Performance
Consolidated Financial Performance Inter Co. Rs. Million ENIL TIM ABSL Adjustments Consolidated Income from Operations 570.7 395.7 107.7 (4.4) 1,069.7 Other Income 10.3 4.0 - - 14.3 Total Income 581.0 399.7 107.7 (4.4) 1,084.0 Expenditure Production Expenses 50.5 17.6 87.8 - 155.9 License Fees 30.8
Slide 8: Q1FY09 Performance Overview
Q1FY09 Performance Overview Consolidated (All comparisons with Q1 FY08) • Times OOH reported revenue growth of 109.0% – Like basis growth was 105.3% – Profitability under pressure due to DIAL and start-up phase of new projects – BRT Delhi, Bangalore BQS and Hyderabad BQS contracts are not yet operat
Slide 9: Business Review
Business Review 9
Slide 10: Key Operating Highlights: Radio Business
Key Operating Highlights Radio Business • Radio industry including AIR recorded growth of approx. 33% in Q1FY09 – Private FM radio industry however reported a higher growth rate of around 56% • Mirchi retained market leadership with approximately 43-45% share of private FM radio industry • Mirchi li
Slide 11: Key Operating Highlights: TIM and ABSL
Key Operating Highlights TIM and ABSL • Times Innovative Media Limited (“TIM”) strengthened its position by entering into Exclusive Marketing arrangements for leading OOH media properties in Delhi and Bangalore • TIM also won advertising rights contract for 8 unipoles at Jaipur • Times OOH expanded
Slide 12: Strategic Direction
Strategic Direction 12 souesrauamens abimens ages ice
Slide 13: Strategic Direction
Strategic Direction Expand our footprint in radio broadcasting – Profitability growth from 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
Slide 14: 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 15: 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 16: 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 17: Thank You
THANK YOU 17
Entertainment Network (India) — Q1 FY09 Earnings Presentation on 6ix