#1DB Corp Ltd Investor Presentation January 2024 दैनिक भास्कर हिप्य लास्डर दिव्य मराठी દિવ્યભાસ્કર MY FM चलो अच्छा सकते है India's Largest Newspaper Group | 12 States | 61 Editions | 3 Languages VALUES – Ground Connect | Result-Oriented | Emotional Connect | Analytical | Trendsetter सच्ची बात, बेधडक दैनिक भास्कर#2DB Corp Ltd Disclaimer • Some of the statements made in this presentation are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the directors and management of Dainik Bhaskar Group (DB Corp Ltd.) about its business and the industry and markets in which it operate-s. These forward-looking statements include, without limitation, statements relating to revenues and earnings. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of the Company and are difficult to predict. Consequently, actual results could differ materially from those expressed or forecast in the forward- looking statements as a result of, among other factors, changes in economic and market conditions, changes in the regulatory environment and other business and operational risks. DB Corp Ltd. does not undertake to update these forward-looking statements to reflect events or circumstances that may arise after publication. VALUES - Ground Connect | Result-Oriented | Emotional Connect | Analytical | Trendsetter सच्ची बात, बेधडक दैनिक भास्कर#3DB Corp Ltd दैनिक भास्कर खिलखिलाते दिखेमाराम क्षेत्र 11 States, 43 Editions दैनिक DB DIGITAL भास्कर 4 Portals & 3 Apps સાચી વાત બેધડક દિવ્યભાસ્કર 2 States, 8 Editions दिव्य मराठी सोशल मीडियावर विखारी भाषेला सेशल मेडियामधील घाटकाने 1 State, 6 Editions हिव्य ભાસ્કર 94.3 MY FM चलो अच्छा सुनते 7 States, 30 Stations सच्ची बात, बेधडक दैनिक भास्कर#4DB Corp Ltd Print Segment Opportunity NEWSPAPERS ARE RISING Dainik Bhaskar GROUP is proud to lead the growth. PAT grew by 154% 788 million vs. 310 million EBIDTA grew by 84.2% 1359 million vs. *738 million Advertising revenue grew by 17.2% 3946 million vs. *3368 million Print Segment Revenue 279 263 251 227 2021 2022 2023(E) 2025(E) DB Corp Ltd दैनिक भास्कर દિવ્યભાસ્કર વિયંમરાની India's Largest Newspaper Group* | 12 States | 61 Editions | 3 Languages Comparative of QFY24 OFFY23 Y Source: FICCI Report 2023 सच्ची बात, बेधड़क दैनिक भास्कर#5DB Corp Ltd Print Segment Opportunity Newspapers are the most trusted news source Ranking of news sources (1,2,3...6) Newspaper (Print edition/ 42% digital subscription) Broadcast news channels e.g. NDTV, Times Now, CNN TV18 etc. 23% 20% Social Media (Facebook, YouTube, Whatsapp, Instagram, Twitter etc.) 18% 21% Magazines 5% 10% 20% News aggregator platforms 5% 8% 13% 20% 1 (Most trusted) 2 3 Hindi Ad volume by language (newspapers) English 26% Marathi 9% Telugu 5% 25% 16% 9% 5%4% Kannada 5% 12% 8% 8% Tamil 5% 24% 16% 9% 12% Gujarati 3% Malayalam 3% 35% 20% 10% Oriya 2% 38% 16% Bengali 1% Hindi publications contributing in Ad volumes the highest 5 |6 (Least trusted) Others (3) 1% No material differences were noted in trust levels across younger and older audiences सच्ची बात, बेधडक दैनिक भास्कर 38% Source: FICCI Report 2023#6DB Corp Ltd DB Corp Footprint सच्ची बात, बेधडक दैनिक भास्कर Madhya Pradesh Dominant Chhattisgarh Dominant Haryana Dominant Chandigarh Dominant Rajasthan Dominant Leader in Ahmedabad Gujarat Close No.1 in top 6 cities of Gujarat Bihar Close No.1 (with a gap of 16%) within a very short span of time Punjab Maharashtra Jharkhand No.1 in Top 4 cities Limited to Central Maharashtra Overall No.2 in terms of circulation in urban cities#7DB Corp Ltd RAJASTHAN HIMACHAL PRADESH CHANDIGARH PUNJAB HARYANA DELHI‣ Our Markets & Coverage सच्ची बात, बेधडक दैनिक भास्कर BIHAR JHARKHAND⚫ GUJARAT MADHYA PRADESH Map not to scale MAHARASHTRA CHHATTISGARH States MP Punjab Chattisgarh Haryana Dainik Bhaskar (Hindi) Rajasthan Chandigarh Delhi Jharkhand Himachal Pradesh Bihar Divya Bhaskar (Gujarati) Gujarat Mumbai Divya Marathi (Marathi) Maharashtra Dainik Bhaskar Divya Bhaskar Divya Marathi ⚫DB Star 48% COVERAGE OF INDIAN LANDSCAPE 47% INDIA'S URBAN POPULATION ADDRESSED 51.6% OF CONSUMER MARKET SIZE SOURCES: RNI | Census 2011 | Neilsen Market Skyline of India 2015-16#8DB Corp Ltd Consistent track record of growth 1996 सच्ची बात, बेधडक दैनिक भास्कर 2024 State 01 12 States Editions 05 61 Editions Language 01 03 Languages Readership (MN) 3.2 66.3 Readership (MN)#9DB Corp Ltd DB Corp Editorial Philosophy सच अनमोल होता है सच्ची बात, बेधड़क दैनिक भास्कर न इसकी, न उसकी बात सिर्फ़ निष्पक्षता की यह पानी धीमा जहर : टॉडीएस 3000 तक, हड्डियां गलने, गुर्दे तक खराब होने का खतरा दो निजी फर्मों को फायदा पहुंचाने के लिए 637% तक की ऊंची दरों में खरीदी दवाएं, बीच में वह है क 44200 एकड करोड खर्च, फिर भी हर 100 में 67 7 बच्चों को एनीमिया बंद है, न दूरा मिल रहा और न दवा 91786 21 16-4 दिनमा समय: सच कड़वा होता है पर हमने लिखा और लिखते रहेंगे बेधड़क क्योंकि सच है तो हम हैं सच्ची बात, बेधड़क दैनिक भास्कर सच की धार तेज़ होती है पर हम इस पर चलते रहेंगे, बढ़ते रहेंगे बेधड़क बात क्योंकि सच है तो हम है बेधड़क हमने उसे परखा और परखते रहेंगे बेधड़क क्योंकि सच है तो हम हैं सच्ची बात, बेधड़क दैनिक भास्कर मां की नए 17 करोड़ में दिल्ली दो कं पाठक के नाते सत्यता और निष्पक्षता आपका अधिकार है और अखबार के नाते हमारी ज़िम्मेदारी । इसलिए हर दिन, हर पन्ने पर, हर रिपोर्ट में दैनिक भास्कर लिखता है सच्ची बात, बेधड़क| #SachchiBaatBedhadak भास्कर लिखेगा सच्ची बात, बेधड़क दैनिक भास्कर सच से उजाला होता है हमने ऐसा उजाला फैलाया और फैलाते रहेंगे बेधड़क क्योंकि सच है तो हम हैं सच तीखा होता है पर हमने कहा और कहते रहेंगे सच चुभता है पर हमने दिखाया और दिखाते रहेंगे बेधड़क बेधड़क सच्ची बात, बेधड़क दैनिक भास्कर सच्ची बात क्योंकि सच है तो हम हैं बेधड़क क्योंकि सच है तो हम हैं दैनिक वस्कर सच्ची बात बेधड़क दैनिक भास्कर#10DB Corp Ltd Digital Prospects Comscore -Total Unique Visitors (Mn) Total Industry MAU (Mobile Web & APP) 433 13% 383 Dainik Bhaskar (Mobile App) दैनिक Divya Bhaskar (Mobile App) भास्कर દિવ્ય ભાસ્કર 12 141% 7 5 3 134% Jul-2020 Jul-2023 Jul-2020 Jul-2023 Jul-2020 Jul-2023 सच्ची बात, बेधडक दैनिक भास्कर#11DB Corp Ltd Dainik Bhaskar -# 1 News Publisher App in STETTII India with a wide gap Comparative Trend Wise MAU nos (in million) बेधड़क दैनिक भास्कर News Apps Jan-20 Jan-21 May-23 Dec-23 (Monthly Unique Visitors - Millions) Dainik Bhaskar (Mobile App) 1.6 6.2 10.4 10.2 Divya Bhaskar (Mobile App) 0.5 1.6 3.0 2.6 I Aaj Tak (Mobile App) 3.8 5.1 3.8 4.4 ABP Live News (Mobile App) 3.6 1.5 0.8 0.6 Dainik Jagran Hindi News (Mobile App) 0.3 0.4 0.6 0.5#12DB Corp Ltd ROBUST FINANCIAL PERFORMANCE STRONG BALANCE SHEET WITH ZERO DEBT दिव्य मराठी દિવ્યભાસ્કર दैनिक भास्कर मेंह शासन, फिर रावत सरकार A SAMEN eins Khel A सच्ची बात, बेधडक दैनिक भास्कर#13DB Corp Ltd Outperforming Print Media Industry Print Industry v/s DB Corp 23% सच्ची बात, बेधड़क दैनिक भास्कर 15000 2012 7500 2012 13.33% 17000 INR Cr 6.66% 2022 8000 2022 Source: FICCI Reports 1483 1208 Print Ad FY 2013 FY 2023 Circulation 282 64% 463 FY 2013 FY 2023 Source: DB Corp Audited Statements#14DB Corp Ltd Stellar Financial Performance.. Total Revenue (Rs. mn) 13% 3 Yrs CAGR सच्ची बात, बेधडक दैनिक भास्कर Advertisement Revenue (Rs. mn) 14% 3 Yrs CAGR 15% 13% 14827 21682 13066 17885 18403 11827 11248 16236 10084 15222 FY 2021 FY 2022 FY 2023 9m 9m FY FY 23 FY 24 2021 FY 2022 FY 2023 9m FY 23 9m FY 24#15DB Corp Ltd Stellar Financial Performance सच्ची बात, बेधड़क दैनिक भास्कर EBIDTA (Rs. mn) 4% 3 Yrs CAGR 86% 5066 3611 3193 3228 2722 PAT (Rs. mn) 6% 3 Yrs CAGR 137% ↑ 1691 1414 1426 1281 3030 FY 2021 FY 2022 FY 2023 9m 9m FY FY FY 23 FY 24 2021 2022 FY 2023 9m FY 23 9m FY 24#16DB Corp Ltd Strong Balance sheet Return on Capital Employed (%) 24% 11% 10% 10% Return on Net Worth (%) 8.76% 8.05% 7.67% 17.9% 2020-21 2021-22 2022-23 9m FY24 2020-21 2021-22 2022-23 9m FY24 Earning Per Share (Rs.) 17.02 9.53 8.08 8.12 Dividend Payout (with tax & buyback) 62.9% 61.8% 37.1% 2020-21 2021-22 2022-23 9m FY24 2020-21 2021-22 2022-23 सच्ची बात, बेधडक दैनिक भास्कर#17DB Corp Ltd Radio Business Snapshot Total Revenue (Rs. mn) 3yrs CAGR 17% EBIDTA (Rs.mn) 3yrs CAGR 34% 17% 1342 1196 1122 1020 831 167 28% 402 407 314 318 FY 2021 FY 2022 FY 2023 9m 9m FY FY FY 23 FY 24 2021 2022 FY 2023 9m FY 23 9m FY 24 सच्ची बात, बेधडक दैनिक भास्कर#18DB Corp Ltd Financial Summary Year Ended Quarter Ended 9M Year Ended Particulars (INR million) FY22 FY23 Q3 FY23 Q3 FY24 Growth % 9m FY23 9m FY24 Growth % Advertising Income 11827 14827 4069 4819 Circulation Revenue 4558 4627 1161 1200 Total Income 17885 21682 5756 Newsprint -5533 -8511 -2227 Personnel Cost -3751 -3874 -996 -1142 14.6% 18.4% 11248 13066 16.2% 3.4% 3474 3604 3.8% 6648 15.5% 16236 18403 13.3% -1818 -18.3% -6424 -5636 -12.3% -2845 -3227 13.4% Other Operating Expenditure -5374 -5686 -1526 -1656 8.5% -4245 -4475 5.4% Total Expenditure -14657 -18071 -4749 -4617 EBITDA 3228 3611 1007 2031 -2.8% -13514 -13337 101.7% -1.3% 2722 5066 86.1% EBITDA Margin 18% 17% 17% 31% 17% 28% Net Profit 1426 1691 483 1240 156.8% 1281 3030 136.6% Net Worth 18824 19479 19091 21041 19091 21041 Secured Long Term Gross Loan Cash & Bank Balance 5170 6311 5531 8248 5531 8248 Secured Working Capital Loan 109 94 265 182 265 182 Total Secured Gross Debt 109 94 Net Block (Fixed) 8265 7579 7714 7221 7714 7221 ROCE 11% 12% 12% 24% 12% 24% RONW 8% 9% 9% 18% 9% 18% सच्ची बात, बेधड़क दैनिक भास्कर#19DB Corp Ltd Awards & Accolades TRANSFORMATIONAL LEADER WCRCINT SELECTIONS IDEASFEST 2023 2023 NDIA TRANSFORMATIONAL BRAND 2023 CERTIFICATE OF EXCELLENCE GIRISH AGARWAL DAINIK BHASKAR GROUP Dainik Bhaskar (Media-Print Hindi) NEW Macolm McDana 2 6-9 Ghosh 3 WEBC LEADERS Dainik Bhask 4 10 10 Third Place Best of Print Dainik Bhaskar Group MICA Newspaper-Bhilwara IAA OLIVE CROWN AWARDS 2023 ajaa 5 inma Honourable Mention Teas of Dainik Bhaskar Newspaper on Gas Silk Fabric 11 Black EDIA BRAND 1. सच्ची बात, बेधडक दैनिक भास्कर WAN IFRA Print Innovation Awards 2023: In Category 'Special Edition' Jaipur's 25th Anniversary Special 2. Ideasfest 2023 - WCRCINT India's Transformational Leader 2023 - 3. Ideasfest 2023 WCRCINT India's Transformational Brand 2023 - Dainik Bhaskar 4. Honourable Mention, Dainik Bhaskar, India, "Newspaper on Gajji Silk Fabric" 5. Third Place, Dainik Bhaskar Group, India, "MICA Newspaper Bhilwara" 6. Best Print Ad (Campaign) - Gold - for Sachchi Baat Bedhadak Campaign 7. Best Print ad (Single) - Gold - for Independence Day Advertisement 8. Best Brand Activation - Bronze - "Have Ramo Garba Bedhadak" Initiative 9. Newspaper of The Year Award - Dainik Bhaskar 10. IAA Olive Crown Awards 2023 - Silver for 'Save Birds' Campaign in Press Corporate category 11. AFAQs Media Excellence Awards Best CSR Silver - Save birds Campaign Best Print ad (Single) - Bronze - for Independence Day Ad Best Print Ad (Campaign) - Bronze - for Sachchi Baat Bedhadak Campaign#20DB Corp Ltd Board of Directors सच्ची बात, बेधडक दैनिक भास्कर Sudhir Agarwal Managing Director 32 years of experience in the publishing and newspaper business responsible for its long-term vision, business planning and performance monitoring Pawan Agarwal Deputy Managing Director 14 years of experience in the publishing business Heads entire Production, IT and Strategy dept., with the Radio & Digital business Girish Agarwaal Non-Executive Director 28 years of experience. Awarded "Outstanding Entrepreneur” trophy at APEA provides direction to the marketing strategy and related operations of the Group Anupriya Acharya* Santosh Desai * Paulomi Dhawan* Post Graduate from IIT - Roorkee, was Zenith Optimedia's Group CEO and now CEO of Publicis Media India Managing Director and CEO of Future Brands Ltd, eminent author, columnist and media critic 40 years of experience in the field of media, marketing and brand communication#21DB Corp Ltd THANK YOU दैनिक भास्कर દિવ્યભાસ્કર दिव्य मराठी MY FM (चलो अच्छा सुनते है) India's Largest Newspaper Group | 12 States | 61 Editions | 3 Languages For more information, please visit our website www.dbcorpltd.com VALUES – Ground Connect | Result-Oriented | Emotional Connect | Analytical | Trendsetter सच्ची बात, बेधडक दैनिक भास्कर