Hindustan Media Ventures Ltd (BOM:533217)
₹ 88.3 -2.13 (-2.36%) Market Cap: 6.48 Bil Enterprise Value: -3.19 Bil PE Ratio: 26.67 PB Ratio: 0.43 GF Score: 68/100

Q2 2025 Hindustan Media Ventures Ltd Earnings Call Transcript

Oct 29, 2024 / 09:30AM GMT
Release Date Price: ₹89.46 (+0.87%)

Key Points

Positve
  • Hindustan Media Ventures Ltd (BOM:533217) reported a 12% year-over-year growth in revenue, indicating strong financial performance.
  • The print business showed improved operating revenue, driven by advertising growth, resulting in enhanced profitability.
  • The digital segment, particularly OTTplay, experienced significant revenue growth on both a yearly and quarterly basis.
  • The company is strategically focusing on tier two and three towns for its OTTplay platform, differentiating its market approach from competitors.
  • Hindustan Media Ventures Ltd (BOM:533217) is committed to enhancing audience experience and providing innovative solutions to advertisers, aiming for sustained growth.
Negative
  • The radio segment's operating revenue remained flat, with a slight drop in operating margins.
  • There was a marginal decline in advertising revenue for the Hindi segment on a year-over-year basis.
  • Circulation revenue for the Hindi segment declined both sequentially and annually.
  • The company continues to face challenges in the government revenue segment, impacting overall growth in the Hindi market.
  • Concerns were raised about financial engineering and the optics of buybacks, which some investors perceive as not being healthy.
Operator

Good afternoon. Ladies and gentlemen, this is a Milani from the HD Media Group. I would like to welcome you all to our second quarter, FY 2024-25 earnings webinar. As a reminder, all the participants will be in listen-only mode. After we are through with the presentation, there will be an opportunity for you to ask questions with this. I now hand over to Ms. Anna Abraham, CFO, and Head Investor Relations, HT Media Group. Thank you, and over to you Anna.

Anna Abraham
HT Media Ltd - Head, Investor Relations

Thank you, Aditya. Good afternoon, everyone. Welcome to our earnings webinar on the second quarter results of FY '24-25. The results of Hindustan Media Limited was announced yesterday and those of HT media was released earlier today. Joining me on today's call to discuss the results are Mr. Piyush Gupta, Group CFO; Mr. Pervez Bazan, Head financial controllership and taxation; and members of our investor relations team.

Our governments during this webinar will follow the presentation slides. These slides and the financial statements are accessible on

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