HTMEDIA

HT MEDIA LIMITED Regd. Office: Hindustan Times House 18-20. Kasturba Gandhi Marg New Delhi· 110001 Tel. 66561234 Fax: 66561270 www .hindustantimes.com E-mail : corporatedept@hindustantimes.com CIN L22121DL2002PLC117874 Ref: HTML/CS/02/2022 30th May, 2022 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532662 Trading Symbol: HTMEDIA Dear Sir(s), Sub: Revised Presentation on the Audited Financial Results of the Company for the quarter and financial year ended on 31st March, 2022 In terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed revised presentation on the Audited Financial Results of the Company for the quarter and financial year ended on 31st March, 2022. This is for your information and record. Thanking you, Yours faithfully, For HT Media Limited (Dinesh Mittal) Group General Counsel & Company Secretary Encl: As above HT MEDIA GROUP Q4 & FY 2021-22 Consolidated Financial Results HT Media Limited ■II 1 Cautionary Statements Certain statements in this presentation may be forward-looking statements. Such forward looking statements are subject to risks and uncertainties like regulatory changes, local political and economic developments, technological risks and many other factors that could cause our actual results to differ materially from those contained in the relevant forward- looking statements. HT Media Group will not, in any way, be responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. This is a quarterly webcast presentation, combining information for the public listed companies “HT Media Limited” and its subsidiary “Hindustan Media Ventures Limited”. Key objective of this presentation is to facilitate a unified platform for quarterly performance discussion pertaining to both the companies. It is neither intended to be an exhaustive review nor to provide any trading, financial, legal advice or outlook. 2 =IIHT Chairperson’s Message “In the last financial year, economic and commercial activities remained volatile on account of a multitude of external factors. In the first part of the year, the second wave of the pandemic affected lives, livelihoods, and businesses. As the wave subsided, business activity picked up, and was supported in the third quarter of the financial year by the annual festive season. However, the last quarter of the year saw some disruption on account of the third wave of Covid-19, caused by the Omicron variant, and geopolitical factors, such as Russia’s invasion of Ukraine which resulted in high inflation, and a sharp rise in commodity prices. Against this backdrop, advertising revenue from our Print and Radio businesses in the last quarter have grown over last year, owing to sustained efforts of our teams and gradual improvement in the business environment. Circulation revenues too are on an upswing. Digital revenue grew handsomely. The full year, saw good growth in revenue across businesses and higher operating profit margins. In the current financial year, we hope to build on the momentum we saw last year and do even better across businesses. The external environment does pose some challenges, and we will be monitoring and adapting to these as events unfold. As always, we remain committed to providing credible and engaging news, information and entertainment content to our audience.” Mrs. Shobhana Bhartia Chairperson and Editorial Director HT Media Ltd. & Hindustan Media Ventures Ltd. 3 =IIHT Table of Contents PARTICULARS SLIDE NO. Consolidated Performance 5 Business Unit Performance 7 Print 8 Print – English 10 Print – Hindi (HMVL) 12 Radio 14 Digital 16 Annexures 20 4 =IIHT Consolidated Financial Summary CONSOLIDATED PERFORMANCE KEY HIGHLIGHTS Particulars (Rs Cr) Q4'21 Q4'22 YoY FY'21 FY'22 YoY ▪ Total revenue at Rs 1,678 Cr in FY’22; up by 26% vs FY’21, led by growth across all businesses (Q4’22 Total Revenue 398 456 14% 1,331 1,678 26% up by 14% vs Q4’21) EBITDA 1 70 57 -19% 90 204 127% ▪ Improvement in EBITDA EBITDA margin (%) 18% 13% 7% 12% • FY’22 EBITDA at Rs 204 Cr with 12% margins (FY’21 margin at 7% ); up by 127% vs FY’21 , PAT 2 19 15 -21% -65 19 129% despite impact of multiple COVID waves during the fiscal PAT margin (%) 5% 3% -5% 1% • Better performance in H2’22 with EBITDA at Net Cash 3 1,120 1,082 -3% 1,120 1,082 -3% Rs 164 Cr vs H1’22 EBITDA of Rs 40 Cr 1 EBITDA before exceptional items ▪ Consolidated PAT at Rs 19 Cr in FY’22 vs Rs 65 Cr 2 PAT is after share of profit/(loss) from Associate/JV loss last year, an improvement of Rs 84 Cr 3Balance at the end of the period ▪ Cash position remains strong =IIHT 6 PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 8 Print FINANCIAL PERFORMANCE Particulars (Rs Cr) Q4'21 Q4'22 YoY FY'21 FY'22 YoY Ad Revenue 233 249 6% 717 950 33% Circulation Revenue1 48 56 17% 180 211 17% Operating Revenue 297 357 20% 956 1,269 33% Operating EBITDA 43 43 -1% 4 120 2763% Op EBITDA margin (%) 15% 12% 0% 9% 1Circulation revenue (gross) KEY HIGHLIGHTS ▪ Ad revenue growth led by both volume and yield ▪ Better Circulation revenue, led by increase in print order and realisation per copy for both English & Hindi ▪ EBITDA at last year’s level despite higher newsprint prices, for the quarter 9 =IIHT PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 10 Hinb.ustan mimes Print – English (! } ARST\IOICE.LASTWOAO. AD REVENUE (Rs Cr) CIRCULATION REVENUE (Rs Cr) 1 YoY YoY YoY YoY +12% +46% +122% +130% 132 510 35 118 12 349 5 15 Q4'21 Q4'22 FY'21 FY'22 Q4'21 Q4'22 FY'21 FY'22 1Circulation revenue (gross) KEY HIGHLIGHTS ▪ Ad revenue growth for Q4’22 and FY’22 improved on YoY basis, led by both volume and yield ▪ During the quarter, categories such as Real Estate, Banking & Finance, FMCG , Education and Entertainment grew while Retail, Industrial and Ecommerce remained subdued 11 =IIHT PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 12 Print – Hindi AD REVENUE (Rs Cr) CIRCULATION REVENUE (Rs Cr) 1 YoY YoY YoY YoY +1% +20% +3% +7% 116 117 Q4'21 Q4'22 KEY HIGHLIGHTS ▪ Ad revenue growth for FY’22 improved on YoY basis, led by both volume and yield ▪ During the quarter, categories such as Retail, Banking & Finance and Health & Fitness grew, while Auto, FMCG and Education remained subdued 13 F 3 Y 6 8 '2 1 F 4 Y 4 1 '2 2 43 45 165 176 Q4'21 Q4'22 FY'21 FY'22 1Circulation revenue (gross) =IIHT PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 14 $1 Radio . fM .. FINANCIAL PERFORMANCE Particulars (Rs Cr) Q4'21 Q4'22 YoY FY'21 FY'22 YoY Operating Revenue 24 31 30% 74 101 37% Operating EBITDA -5 1 112% -62 -15 76% Op EBITDA Margin (%) -20% 2% -83% -14% KEY HIGHLIGHTS ▪ Witnessed strong growth in revenue for the quarter and full year driven by volume ▪ Operating EBITDA loss substantially reduced from last year ▪ Second consecutive quarter of operating profit 15 =IIHT PRINT PRINT – ENGLISH PRINT – HINDI RADIO DIGITAL 16 Digital1 FINANCIAL PERFORMANCE Particulars (Rs Cr) Q4'21 Q4'22 YoY FY'21 FY'22 YoY Operating Revenue 29 33 16% 90 132 47% Operating EBITDA -1 -2 -31% -3 -1 47% Op EBITDA Margin (%) -4% -5% -3% -1% KEY HIGHLIGHTS ▪ Operating revenue saw growth for the quarter and full year ▪ Full year EBITDA at around breakeven levels 1includes Mosaic Media . Acquisition was completed in Dec’20 17 =IIHT = IIHT Media Limited f6Gt:ld liil ,._,,, Q&A 1. To ask a question, Click on “Raise Hand” 2. On your turn, click on “Unmute Myself” Unmute myself 3. Ask your question 18 HT Media Group Hindustan Times House, 2nd Floor, 18-20, Kasturba Gandhi Marg New Delhi – 110001, India Anna Abraham Amit Madaan ■IIHT Aaditya Mulani IR@hindustantimes.com ~II Ravi Gothwal htmedia@churchgatepartners.com Churchgau, Partner 19 Consolidated P&L – HT Media Ltd Particulars (Rs Cr) Q4'21 Q4'22 YoY (%) FY'21 FY'22 YoY Operating Revenue 349 421 21% 1,117 1,500 34% Other Income 49 35 -29% 214 177 -17% Total Revenue 398 456 14% 1,331 1,678 26% Raw Materials & change in inventory 81 118 46% 261 407 56% Employee Cost 69 93 36% 329 371 13% Other expenses 179 187 5% 651 696 7% EBITDA 70 57 -19% 90 204 127% Margin (%) 18% 13% 7% 12% PAT 1 19 15 -21% -65 19 129% Margin (%) 5% 3% -5% 1% 1PAT is after share of profit/(loss) from Associate/JV 21 =IIHT Consolidated B/S – HT Media Ltd As at 31 Mar'21 Particulars (Rs Cr) As at 31 Mar'22 ASSETS Non- current assets 1,666 Financial assets 1,093 1,053 Property, plant and equipment 973 515 Others 494 3,234 Total non-current assets 2,560 Current assets 142 Inventories 153 851 Financial assets 1,535 119 Other current assets 130 1,113 Total current assets 1,818 4,346 Total assets 4,378 EQUITY AND LIABILITIES Equity 46 Equity share capital 46 2,043 Other equity 2,037 407 Non-controlling Interest 399 2,496 Total equity 2,483 Liabilities Non-current liabilities 176 Financial liabilities 239 34 Deferred tax liabilities (Net) 21 18 Others 1 5 228 Total non-current liabilities 275 Current liabilities 1,424 Financial liabilities 1,399 198 Others 222 1,622 Total current liabilities 1,621 4,346 Total equity and liabilities 4,378 22 =IIHT Consolidated P&L – Hindustan Media Ventures Ltd Particulars (Rs Cr) Q4'21 Q4'22 YoY (%) FY'21 FY'22 YoY Operating Revenue 162 197 22% 545 669 23% Other Income 13 5 -61% 118 78 -34% Total Revenue 175 202 16% 663 747 13% Raw Materials & change in inventory 52 68 32% 174 244 40% Employee Cost 26 38 47% 131 152 16% Other expenses 58 78 33% 234 264 13% EBITDA 39 18 -54% 124 87 -30% Margin (%) 22% 9% 19% 12% PAT 1 21 2 -90% 69 41 -42% Margin (%) 12% 1% 10% 5% 1PAT is after share of profit/(loss) from Associate/JV 23 =IIHT Consolidated B/S – Hindustan Media Ventures Ltd As at 31 Mar'21 Particulars (Rs Cr) As at 31 Mar'22 ASSETS Non- current assets 1,165 Financial assets 713 287 Property, plant and equipment 281 87 Others 89 1,539 Total non-current assets 1,083 Current assets 54 Inventories 77 472 Financial assets 973 41 Other current assets 51 567 Total current assets 1,101 2,106 Total assets 2,184 EQUITY AND LIABILITIES Equity 74 Equity share capital 74 1,511 Other equity 1,516 1,585 Total equity 1,590 Liabilities Non-current liabilities 31 Financial liabilities 12 15 Deferred tax liabilities (Net) 3 0 Others 1 47 Total non-current liabilities 15 Current liabilities 432 Financial liabilities 534 42 Others 45 474 Total current liabilities 579 2,106 Total equity and liabilities 2,184 24 =IIHT