LIS650 lecture 5 javascript, http and apache Thomas Krichel 2005-10-14.
HT Media Ltd...India CAGR Global India 2005 Over 2005-10 2005-09 2004 TV 14% 6% 11% Print 15% 5% 16%...
Transcript of HT Media Ltd...India CAGR Global India 2005 Over 2005-10 2005-09 2004 TV 14% 6% 11% Print 15% 5% 16%...
HT Media Ltd
Indian Media Industry Overview
…Sector dynamics
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High growth potential
Advertising spend as % of GDP in India still very low …attractive growth potential
Indian media at inflexion point, with ad spend set to rise with economic growth, rising
consumerism and higher media penetrationSource PWC report/Zenith Publication
Growth Rates- Ad revenues
CAGR India
CAGR Global
India 2005 Over
2005-10 2005-09 2004
TV 14% 6% 11%
Print 15% 5% 16%
Radio 32% 5% 37%
Out of Home 14% 5% 17%
Internet 50% 14% 50%
Total 15% 6% 16%
Indian media on growth tracks – fueled by robust economic fundamentals
Print clocks high growth…. grows faster than TV for second consecutive year
Source: FICCI and PWC Report
Advertisement Industry - OverviewRs. Crs
Ad Industry AmountTV 5,450 Dailies 5,300 Magazines 970 Out of Home 900 Radio 300 Internet 100 Total 13,020
Media Industry –2005Ad industry Dailies
Dailies41%
Magazines7% TV
42%
Internet1%Out of Home
7%
Radio2%
English48%
Hindi21%
Biz dailies8%
Others23%
Industry estimate for 2006 continues to be optimistic
Expected to grow faster than 2005; ~ 20%
Higher literacy to further boost print penetration
Industry estimates compiled from Adex India
Corporate Journey
HT inaugurated by Mahatma
Gandhi
1924
Hindustan Times Ltd
formed
1927
Multiple editions launched
1986
Media business demerged; HT
Media Ltd incorporated
2003
HT Media goes
public
2005
2nd largestprint media
companyin India;Reader base of
over13 million
2006
Sales offices
Editions cover 65% of population
Pan-India sales presence
Corporate Culture
RESPONSIBILITY
PEOPLE-CENTRIC
COURAGE
EMPOWERMENT
SELF-RENEWAL
Corporate Snapshot
FY’06 H1 FY’07Rs Crs %G Rs Crs %G
Revenue 839 +32% 505 +31%
EBITDA 136 +62% 116 +108%
PAT 37 +36% 58 +214%
Financial
InstitutionalInvestor
Henderson Asia PacificCiticorp Finance
Presence & Position – Hindustan Times
1. Times Of India2. DNA3. Hindustan Times
Mumbai
1. Telegraph2. Times Of India3. Hindustan Times
West Bengal
1. Hindustan Times2. Times Of India
Delhi
1. Hindustan Times2. Tribune
Punjab
1. Times of India2. Hindustan Times
UP1. Hindustan Times2. Times Of India
Bihar/Jhknd
Along with a national footprint HT also has a dominant position in key markets
Presence & Position – Hindustan
1. Navbharat Times2. Hindustan
Delhi
1. Jagran2. Amar Ujala3. Hindustan
UP
1. Hindustan 2. Jagran2. Prabhat Khabar
Bihar/Jhknd
Covers Delhi/UPBihar & Jharkhand
Expanding footprint
Leveraging existingInfrastructure
Printing hubsAgra/Meerut- DelhiKanpur - Lucknow
Multimedia Presence
HT Media
HindustanHindustan Times
• Delhi
• Mumbai
• Chandigarh
• Bhopal
• Jaipur
• Lucknow
• Patna
• Ranchi
• Kolkata
• North &
East India
(UP, Bihar,
Jharkhand,
Delhi)
Business (WSJ)
• Delhi
• Mumbai
Magazines
• Nandan
• Kadambini
• Others
Print Internet
• HindustanTimes.com
• Hindustan.com
• HTCricket.com
Events
•Leadership
• Luxury
• Youth
Nexus
• Delhi
• Mumbai
• Bangalore
• Kolkata
Radio (Virgin)
TabloidJV with BCCL
Business Strategy - Internet
38
60
86
123
201
UK
India
Japan
China
USA
5
9
63
67
69
India
China
UK
Japan
USA
3
6
10
33
51
USA
UK
Japan
China
India
Internet users Q3’06 (Million) Penetration % CAGR % (00-06)
India has small internet user base but is the fastest growing market amongst all the leading markets
Indian internet users expected to reach 122 Million by 2009 (source : Kaufman Bros)
Leverage content to build verticals
VAS – Alerts/Gaming/Contests/Short code (4242)
Source Internetworldstats.com
Business Strategy – Business paper
Long term segment growth potential is high
Indian economy showing robust growths
Booming stock market
Opportunity exists for a high quality daily
Build a comprehensive finance portal
Gap exists for a high quality business paper
Business Strategy - Radio
Enter Delhi & Mumbai followed by Bangalore & Kolkata
Delhi & Mumbai …. accounts for + 50% of the radio industry
Globally radio revenue accrues from one or two main cities
• South Africa – Jo’burg & Capetown +80 %
• Thailand - Bangkok +80%
• Australia – Melbourne, Sydney & Brisbane + 75%
Radio industry set to grow multifold
CAGR of 34% for 5 years (2006-10)
Financial Performance
FY 06 performanceEBIDTARevenue
839
637552
0
200
400
600
800
1000
2003-04 2004-05 2005-06
84
136
200
20406080
100120140160
2003-04* 2004-05 2005-06
+ 32% + 62%
52
34
-2
-5
15
35
55
2003-04* 2004-05+ 2005-06+
PAT + 55%
* 2003-04 for 9 months+ All figures before extra-ordinary items
Quarterly performance – Total Revenue
258
159165158155
229226
199186
248
0
50
100
150
200
250
300
Q1 Q2 Q3 Q4
Rs
Crs
FY 05 FY 06 FY07
+20%
+33%
+26%
+37% +44%+30%
Quarterly performance – EBITDA
55
2423
15
22
4041
2629
61
0
10
20
30
40
50
60
70
Q1 Q2 Q3 Q4
Rs
Crs
FY 05 FY 06 FY07
+32%
+107%
+74%
+81% +66%
+109%
Quarterly performance – PAT
27
910
5
10
1617
810
31
0
5
10
15
20
25
30
35
Q1 Q2 Q3 Q4
Rs
Crs
FY 05 FY 06 FY07
+8%
+188%
+52%
+74%+77%
+ All figures before extra-ordinary items
+236%
Thank You