HT MEDIA GROUP – Investor Presentation Summary

Key Operational Highlights

  • Print advertising revenue remained strong for both quarter and full year led by yield improvement.
  • Circulation revenue held steady with an uptick in Q4 FY26, primarily from higher copies.
  • Radio business faced revenue decline due to high base from prior year's event-led revenue and industry-wide issues.
  • Company surrendered non-viable radio licenses to sharpen network footprint and improve business profitability.
  • Digital business underwent deliberate reset with discontinuation of 'OTTplay' business.

Key drivers of operational performance: Yield improvement in print advertising, cost discipline amid rising newsprint costs, and strategic streamlining of radio operations.

Segment-wise Performance

Print Business:

  • Q4 FY26 Operating Revenue: ₹427 crore (15% YoY growth)
  • Q4 FY26 Operating EBITDA: ₹97 crore (63% YoY growth)
  • FY26 Operating Revenue: ₹1,500 crore (8% YoY growth)
  • FY26 Operating EBITDA: ₹208 crore (82% YoY growth)
  • Operating EBITDA margin improved from 16% in Q4 FY25 to 23% in Q4 FY26

Print – English:

  • Advertising demonstrated strong growth in the year on back of Government and Commercial revenue
  • Circulation improved significantly for the quarter

Print – Hindi (HMVL):

  • Advertising saw an upswing as Government revenue improved and key Commercial segments performed well
  • Circulation held steady for both quarter and year

Radio Business:

  • Q4 FY26 Operating Revenue: ₹43 crore (48% YoY decline)
  • Q4 FY26 Operating EBITDA: ₹(7) crore loss
  • FY26 Operating Revenue: ₹140 crore (32% YoY decline)
  • FY26 Operating EBITDA: ₹(22) crore loss

Digital Business:

  • Q4 FY26 Operating Revenue: ₹39 crore (0% YoY change)
  • Q4 FY26 Operating EBITDA: ₹(2) crore loss
  • FY26 Operating Revenue: ₹155 crore (2% YoY growth)
  • FY26 Operating EBITDA: ₹(8) crore loss

Explanation of significant changes in segment performance: Print segment growth driven by yield improvement and government/commercial advertising. Radio decline due to high event-led base year and industry pressures. Digital reset with OTTplay discontinuation.

Financial Highlights

Consolidated Performance (HT Media Ltd):

  • Q4 FY26 Total Revenue: ₹558 crore (-2% YoY)
  • Q4 FY26 EBITDA: ₹131 crore (5% YoY growth)
  • Q4 FY26 PAT: ₹96 crore (15% YoY growth)
  • EBITDA Margin: 23% (vs 22% in Q4 FY25)
  • PAT Margin: 17% (vs 15% in Q4 FY25)
  • FY26 Total Revenue: ₹1,971 crore (0% YoY change)
  • FY26 EBITDA: ₹298 crore (8% YoY growth)
  • FY26 PAT: ₹153 crore (44% YoY growth)

Hindustan Media Ventures Ltd (Standalone):

  • Q4 FY26 Operating Revenue: ₹216 crore (19% YoY growth)
  • Q4 FY26 EBITDA: ₹79 crore (4% YoY growth)
  • Q4 FY26 PAT: ₹63 crore (-12% YoY)
  • FY26 Operating Revenue: ₹740 crore (10% YoY growth)
  • FY26 EBITDA: ₹204 crore (3% YoY growth)
  • FY26 PAT: ₹157 crore (-5% YoY)

Drivers of financial performance: Higher profitability in print business, cost discipline, and stable revenue despite challenges.

Balance Sheet Snapshot

HT Media Ltd Consolidated:

  • Total Assets: ₹3,969 crore
  • Total Equity: ₹2,009 crore
  • Non-current assets: ₹1,948 crore
  • Current assets: ₹2,022 crore
  • Cash position: ₹1,001 crore (-1% YoY)

Hindustan Media Ventures Ltd Consolidated:

  • Total Assets: ₹2,466 crore
  • Total Equity: ₹1,587 crore
  • Non-current assets: ₹1,207 crore
  • Current assets: ₹1,259 crore

Financial Health Insights: Robust cash position maintained at ₹1,001 crore, strong balance sheet structure.

Strategic & R&D Initiatives

Investments in Innovation: Strategic reset of digital business with discontinuation of OTTplay platform. Streamlining of radio business through surrender of non-viable licenses.

Strategic Rationale: Focus on profitable growth, cost discipline, and sharpening network footprint in radio business.

Industry Trends & Business Environment

Macro/Industry Trends: Rising newsprint costs amplified by weakening rupee, global supply chain disruptions, trade policy uncertainty, and geopolitical volatility.

Impact on Company: Newsprint cost increases being managed with cost discipline. Radio business affected by industry-wide issues and high comparison base.

Management Commentary & Growth Outlook

Strategic Outlook: \"The fourth quarter of 2025-26 and the full year marked a period of decisive transformation for your Company, one characterised by meaningful improvement in profitability\" - Mrs. Shobhana Bhartia, Chairperson.

Risks and Opportunities: Rising newsprint costs remain a concern; company remains committed to trusted journalism, quality content and sustainable long-term value for shareholders.