Jaago Agra

68 Pages·2014·2.03 MB·English

Corporate Information
BOARD OF DIRECTORS REGISTRAR & SHARE TRANSFER AGENT CORPORATE OFFICE
Smt. Shobhana Bhartia Karvy Computershare Private Limited Hindustan Times House, 2nd Floor
Chairperson Plot Nos. 17-24, Vittal Rao Nagar 18-20, Kasturba Gandhi Marg
Shri Ajay Relan Madhapur, Hyderabad - 500 081 New Delhi - 110 001
Shri Ashwani Windlass Tel.: [phone] Tel.: [phone]
Shri Piyush G. Mankad Fax: [phone] Fax: [phone]
Shri Shardul S. Shroff Email: [email protected] Email: [email protected]
Shri Vikram Singh Mehta Website: www.hmvl.in
Shri Priyavrat Bhartia REGISTERED OFFICE
Shri Shamit Bhartia
Budh Marg, Patna - 800 001
Shri Rajiv Verma
Tel.: [phone]
Shri Benoy Roychowdhury
Fax: [phone]
Whole-time Director
CHIEF EXECUTIVE OFFICER
Contents
Shri Vivek Khanna
CHIEF FINANCIAL OFFICER
Shri Ajay Jain
01 02
COMPANY SECRETARY
Shri Tridib Barat
Tarakki Ki Pehchaan Campaigns
AUDITORS
S.R. Batliboi & Co. LLP
17
04
27
Statutory Review
Brands
Financial Review
10
07
08
Management
Financial Highlights
Discussion & Analysis
Chairperson’s Address
We all become what we do repeatedly.
Our actions become our identity.
The process begins when we take a stance,
and act on that stance to make things
happen.
Over the years, Hindustan, the 2nd most widely read newspaper in the country, has
become synonymous with progress. Through its editorials, its reporting, its analysis and
the causes it espouses, it is a fighter for change and progress.
While ostensibly a language newspaper, it has actually morphed into the voice of the
people, the repository of their aspirations and the instrument of those who seek progress
in civic, social, political and lifestyle-related issues.
Through this Annual Report, we bring to you a bird’s eye view of the Tarakki that we have
become identified with during the year...
Annual Report 2013-2014 01
Corporate Overview Statutory Reports Financial Statements
Aao Rajneeti Karein
Maaro Vote ki Chot
For any citizen who lives in a Democracy, his vote is one of the most and candle light marches. All these carried the Hindustan branding,
powerful instruments of change. By casting their vote for or against a identifying the newspaper closely to the initiative. Each phase was
candidate/government/ruling dispensation, citizens bring in powerful predominantly published in the newspaper on a Tarakki page, to raise
winds of change. Aao Rajneeti Karein/Maaro Vote ki Chot was a awareness and invite participation.
75-day marathon activity that we undertook with the purpose of
creating awareness among readers about their right to vote, and Tarakki Report
making them feel that they matter in the democratic setup.
The initiative saw massive participation that resulted in an increase in
The initiative included activities across locations, supported by a the voting, and also an increase in the number of aware voters. The
content campaign that enlightened the educated and inspired people Election Commission called in to express their appreciation for this
to use their vote and express their opinion. initiative. The Commission also created a special cartoon strip series
exclusively for Hindustan, which was published in the newspaper. The
The initiative included four phases - Voter Registration, Ideal Candidate initiative received messages and we published interviews from top
Profiling, Manifesto of Readers and MP Meter. Activities conducted Bollywood celebrities who expressed their support for the campaign.
during the initiative included chai choupals, voter registration
campaign, painting competitions, essay competitions, human chains,
Tarakki Report
Jaago Meerut This 35-day activity created history in Meerut. The clarion

call resonated in the hearts and minds of the people, and
Citizens against Crime – Jaago Meerut, Jurm par Halla Bol generated thousands of letters to the Hindustan office
with complaints of various kinds, which we sorted and
Halla Bol is a clarion cry asking people to assemble to support a
forwarded to concerned authorities. Regular follow-up on
cause. Hindustan made a clarion call in Meerut asking citizens to
the complaints precipitated action. Traffic plans were made
fight against crime. The call and the subsequent publicity and activities
and implemented, CCTV was installed and activated in prime
motivated thousands to become a part of this movement and express
locations, and a complaint cell was formed. The initiative
their support to eradicate crime.
proved to the Meerut citizens that when they express in
unison, they can prompt action and make progress.
02
Hindustan Media Ventures Limited
Hindustan Media Ventures Limited
Anokhee Club Jaago Agra

Fostering the spirit of empowerment in women Creating awareness of women’s safety and security
Hindustan took up the cause of empowerment of women through its This initiative was aimed to create awareness among the society and
initiative of creating the Anokhee Club, in tandem with Anokhee, a the system regarding women’s security. It was inspired by our Kanpur
newspaper supplement. The club was started in Agra as a test case, venture in the last year, and it was implemented in Agra with the
and encouraged by its success we have replicated it in Delhi, NCR, lessons we learnt in the first round. The activities included a 10-day
UP, Bihar etc. The club meets periodically and takes up issues self defence camp at various locations. Even Holi was celebrated
of common interest and creates a self-help forum for women’s during the campaign with the theme of “Nari Raksha Sankalp Diwas.”
empowerment.
Tarakki Report
Tarakki Report
The initiative was welcomed by both women and men of Agra. For
The Anokhee Clubs drew participation from thousands of women who the first time in the history of Agra, a six kilometre human chain was
came forward to be a part of this initiative. It has strengthened the formed to promote the cause of women’s safety.
support of women to our newspaper and endeared the brand amongst
women from all walks of life. Every successive Club meeting results in
hundreds of new Anokhees being registered.
Annual Report 2013-2014 03
Corporate Overview Statutory Reports Financial Statements
We fulfill our mandate of Tarakki or
Progress by engaging with people,
involving them in initiatives that tackle
problems that they face, and by
motivating them to become agents of
change. In this endeavor, our various
brands become vehicles of progress.
We use our publications to publish and disseminate information that
will engage the minds and hearts of our people. We then guide them
towards initiatives that will involve them in a progressive movement
and motivate them to enable the change on the ground by creating
pressure groups, public mandates and open debate.
04
Hindustan Media Ventures Limited
Hindustan Media Ventures Limited
Har Kadam pe Tarakki
Hindustan Kadambini Nandan
Our Flagship Daily Monthly cultural and literary The Children’s magazine that
magazine nurtures childhood since 1964
Hindustan is India’s 2nd most widely
read newspaper, not only in Hindi Kadambini has been part of the For five decades, Nandan has been
but in any language in India. It is cultural and literary fabric of the an integral part of the childhood
the fastest growing newspaper Hindi belt for over 50 years. It has of five generations of children,
in U.P. and Uttarakhand that has a readership that is eclectic, and shaping their outlook, opinion
grown steadily over the last finds fans and readers among the and mindsets. It was launched in
17 rounds of IRS. The newspaper is young and the old, the common 1964 on the occasion of Pandit
published from 19 print locations people and the intellectuals, and Jawaharlal Nehru’s birthday, and
spread across Delhi/NCR, Bihar has content that appeals to each offers content that combines the
(Patna, Muzaffarpur, Bhagalpur section of the populace. best of tradition and modernity.
& Gaya), Jharkhand (Ranchi, The magazine is celebrating its
Jamshedpur & Dhanbad), Uttar Golden Jubilee year, as it is going
Pradesh (Lucknow, Varanasi, to touch the golden figure of 50
Meerut, Agra, Allahabad, this year.
Gorakhpur, Bareilly, Moradabad,
Aligarh and Kanpur) and
Uttarakhand (Dehradun). It is a
newspaper that involves readers
with initiatives that bring about
progress on various civic, social
and regional issues.
Hindustan Yuva Hindustan – Jaano English
The Youth Supplement Learning the nuances of English
The newspaper is aimed at people
The newspaper builds on the who are seeking to increase
leadership position of Hindustan their proficiency in the English
in Bihar and offers a variety of language. It features English and
information that caters to the Hindi content that deals with the
unique requirements of the nuances of the language, through
youth. Launched in 2012 in Patna, riddles, quizzes and grammar
Hindustan Yuva offers features exercises.
on Careers, Campus News, Patna
News, Technology, Entertainment,
Social Networking and Gadget
Reviews.
Annual Report 2013-2014 05
Corporate Overview Statutory Reports Financial Statements
Hindustan Job Search Hindustan Ki Nayi Anokhee
The Job Search supplement Dishayen A Supplement for empowering
An Education supplement women
Hindustan Job Search was planned
as a vehicle to serve the need of This is a weekly educational Anokhee is a weekly supplement
the youth segment that sought supplement that carries information of Hindustan, that deals with issues
gainful employment. Launched on and insights into the world of higher that are close to the hearts and
December 23, 2013 as a weekly and professional education. The minds of women. It features articles
supplement, the supplement offers supplement features two careers on topics including health, lifestyle,
every month, which are analyzed
a comprehensive listing of job food, nutrition, legal issues,
for opportunity and feasibility by
opportunity. parenting, diet and personality
our experts, and it offers actionable
development. The supplement
tips for readers. The supplement
Hindustan Job Search is a 16-page has led to the formation of
is targeted at the youth of today
supplement that is circulated every Anokhee Clubs across locations,
and helps them in taking the right
Monday and lists both mass job decision about their future career including Delhi/NCR, UP and Bihar.
opportunities as well as popular and chosen profession. These clubs, with widespread
ones. Jobs are classified into membership across these states,
Power jobs (based on number of deal with issues related to women’s
openings) and Hot jobs (based on empowerment through a mix of
recruiter popularity). Job openings interactive games, shows and talks
are also classified on the basis of related to the topic of the month.
profession.
Tann Mann
¹Fb½FF MZX¢³FFZ»FFGªFe EaMXSXMZX³F¸FZÔMX
The simple, informative and useful For the health conscious
supplement is much appreciated
by readers. The supplement Tann Mann SIXFYa¨F FEe d¸½FFÀVF½eFEd½ Fdô½F·F»FFF¦¹FF Àd»¸FF£FMF³ÊX XRFZ YIû³ZY Fd »´FFSEXX ΰWF`X¹QFeFSX VIFZYF Wd»X÷FYEJ 2 0³F Z IMYeSUûOe ´Þ IFSY eEO
ÀFû¸F½FFSX IYû AªF¶F- E´»FeIZYVF³F k¦Fc¦F»F Oe»F ÀFFB³F IYe W`Ü BÀF¸FZÔ
is dedicated to health and ¦FªF¶F ¦Fd°Fd½Fd²F¹FûÔ ÀFZ BX³F´FbMX dWaXQel ²Fc¸F ¸F¨FF EIY ÀFedSþ IZY dUÄFF´F³F
¦Fb»FªFFSX SXWXFÜ SXWXF W`XÜ VFcM IYS³FZ Wûa¦FZÜ
lifestyle and carries articles and
¸Fa¦F»F½FFSX,20 ¸FBÊX 2014, XSXFa¨Fe www.livehindustan.com
information on diet, exercises and 11 ÀFF»FûÔ ¸FZÔ AFGMXû WXOÞX°FF»F, ´FcSXF VFWXSX SXWXF ´FSmXVFF³F
¶LFWbX°iF v¶FQ»eF ¦FBÊX
health trends that are prevalent SXFa¨Fe: ´FSX¸FªFe°F
Of the ciVFWtXSX y¸FZÔ ÀF,û¸F ½FFfSX IoYû IYrSXe¶ F 13the city
across the world. The supplement W³FXªWFXFeSÔ ¨X FO»XeFªZÜF »AF FMGMZÔX´Xû FAû AüSüX SM AZÔX´FûFGMXû AFG³F Q À´FFGMX
¨FF»FIYûÔ IYe WXOÞX°FF»F ÀFZ AF¸FªF³F IYû ´FSmXVFFd³F¹FûÔ IYF ÀFF¸F³FF
also features a popular question- Id»YFSEX³ dFÀF F´MFOXe ÞXF¶ÜFÀ VFZÔ FÀWFXSWX XFISZYXF d¶½FF³d·FeFÔܳ ³ÓFF FBSXX£»FFFaOIX Y´ûFÔ iQ¸ZVFZÔ SF XOWXeX³ªFFZ½»FFF» MFZ ZÔX´»FûF û¨¦FFFû»Ô IFIZYY
Live is an¸´FFSW X ³XFÀFeWFa§XeFÔ Id³xZYF IAYtFF»”FeXFF³Ü FW ´nXFF»SXF F¨adFIsF»Y FIIiYYBûoÔ ³ÊX BFZ X»MnFZÔX´FFIû YAû Ô ¸üSoFZÔ X QAcÀFFfGMSXûmX ²IFOYtûÞZX ÀÀFhFZ OªÞXIFbOYeÞZX main
answer column that addresses dÀFMXe ¨FF»FIY AFGMXû IYF ´FdSX¨FF»F³F IYSX°FZ SXWZXÜ ¸FWXFÀFa§F IZY ³FZ°FFAûÔ IYF
Movie Magic readers’ queries. 2p0¦0F3ZÀa ¸FZÔ M¸F`Ô pªXF¶F S eFa¨Fe ArF¹FF ±FFanIª¶FdFFYFWWSXSXX³e X SF¸FX WFWiWZX¦`X XFtdFÀIeÜFYa§ BFª X²FcI¶FFSY°FX,F I Ao¸YF FFC¸a¦vXF³FSûFÔ X¯IIFeYY eûA ¸»³FFrFZIFa¦VYFSsFZÔ ³³X ³FF WªF ¦XeFÔ FF¸SScXXFe Fd ³³SXFFWi¦e XFªtFܸF FF°y IFeYa WF¹-XOFFÞX°Ê»FFbF¹»FF IaZY sed
°F¶F ¹FW Fa (W FGI e ÀMZ dO ¹F¸F) ¸FZÔ
CTicogshilfi nan ikvsemeei memieoswnau aa l.ryt Ior watfe notoevhdlfelefe okeca wlrawylsree o rsdadirue nldbsp yipnot lhlfseo eimgdv lleeiaetrrztns’es taos ptntfh odai nt t IÀIJ¸±ÀEA»¶EÀ´IdIR¶QA¹SÀWJÃÀFFniKsasF FFWFMMFMF ûF i¨Àdb ûW`QQ³e¶ZF ¦°»MFûWLaF°ZO»,a ZZZW FM½FdddF ¨F¹FF FFF»FIn AOOO¸ ZF ¹½³FFa SFF AWÑ ¸FÞûFIªW ¿ WF ûFFF³F M ³S dFFIªF¹¹¹û û` F¶SWÜFF`ÔF I WZuuFÔû ¦ÜÔd FSFFFFn FcZd BRW ° ËF FI¦e Z G IF¿¸¸¸ª`a ¹ ³ ´Ü À³³ dCFF¹ FESMFFFÊ F¸ FFI `e»ZdFª °F FFF ¹W SS Ô» FIÀeF· Ñe Fe»Z J¶SeÀ±WaF¨iF F ZÔE F ¹ F¹ FeF S§ F´IFÀF W³a¨FMFF¨F S ¶¶FE³aû¸¨FSI ,FFF ppWÀe MO c`ZS FFZÜ FdF¹ûÜSwF Fd ARnSF S eM FQZSFÔAS 1O Z FF F eÀ d¦F ° Z C¸ Þ FWFAW a ¸ OA¿ F ÀFA» FM À¸»F F1Ia¨¹MEFIW ZÔZ A ØF ZÔ ¹FFFû ´FIFZ¹ BWSFd ZF FZÑ ÔS F¶F ` e ¸ FFܦOWe¶Fª¶¸û ÀSW¦¹´Fû¦ Fpp `ÔW FF F FÜ ª¸ a¨M FFFF FWaFAF ¹ ` F FpFSÜ `Ô d¹¹ePeF ܳ ¸ZA ´ °FFFFF½ÐE SW À EFFF»FeF¶³ûFFeW¶sd¶ a¸¨F ÔFÞiÜ IQZªFFÔ m»FF´» FwܦFVIFFSEa¨J°FF bÊ FFFAGIû³FFZV P¹ FICF QeLF½Ô ¹³FA ° SF½S¶F ll¸» F´ FFFnF F W¸ª eÞZ e»³ F FFS¶ue¹ ÀFFF ¶ » FZE MFO WFÀSZ Ô FI F FWa ´FFFõFZIÔ F°WI`S`ÀFZ ¿WaF ee» JS¸±I eûF `Þ IZZZW M ܹ¸F `Ô FS³F ª ÜWFE F°S SZªF FF»F ÑZ Z ¢ûeeaWFFZ »R Z eFI°o³¹¹SFFIcF ÀrFeF FFFF · e eZ°aZ e³F-FFmmFe ,nmh Md¨I¦°ieeFFF SdIa°üSIF¶, ½ °mX»e F¹ F¶-FZ SF dFFInn¨QW½XÀFZ £ SüF eeSP nFd ûZ » ÀÜFFÀWF F EdZ Z tt¨MªA´ FdFeFvaS³³FZXV.üFEF I IB BF ¹ a »° ³»FeFimYFFFrªtÂZÜFFFIFT esFB S´ûu nMÔ F `Q¸n: IF»ZÔ h ¹ WFeF F OWaSÂtaF Þû e°teOt F ´FS¦d·¨e »F¶FFF W¸FFFeüFa¨aSOFOI ibsa ¨ZÔ FI ,ÀÞ eAFÞ e ZÜ a- ±FnÀ³FF FF F ¨ MBeWA¨,FrZ .MFVü eü´SÔÀ FI cFeLd³ FSAnF¸W FSl F g » ûAFI À Ô BdFF´ Qy³IFZ FFouGMF S¸¶£Z WFF td ûI ÀadF e dFªF³Z À»F, FF FF»QIÀC M nFÀcF M ³eSFF° S`FÔOd¶ tQ ¶Fw F¯IFà À ÀÀFû ±FA  FkZ Fû¹tûeFªZ Ü¶Ô ûFSFÔF FEebSFÂÀ F³½F° FeFFFe FZ Za c ±»Id´angSdSFFFZS F ûû ¢Ü aO¦m VdVF» F n¹FFIF´F³FEsFrW oZ F `Q I FÀS»³a l ¹I FWFF½aa F tZ c FÜWB FsF¸RSwa °eFF FeIªe lZÊ F.tFM S oa w,Tyfu ASÀIIEAÓÀSVV¸OWA¸WEFF FFFFFFb ½½ OBWW aªe¨FªûaªaFIeWFFª,³FF Ê h a³QÜ WFFaaFFÞ F FF° V oe³IFFÀÀÀM¹FS eiSFû Z»¸½VF FFF n»FFFZ³»FZÔ bF A ´XF FS»aaa§§¨ªtFF FÀ¸´¸FFFt FW¦W»FFûFFFFF³FMFFFX M üS FF I¸`F SII¨S SF¸S»e QIZÔ ´dFZZ u » ¸ Fhªb FI Z°FX¹Z ¯FûhdZÔI ¸AFÀûF IF³FF³VFc» AFZ Y,FFFFFFZA QF¶ dF SFûû ¦ F ªSFûÂF³Ôû AFII FI SFedÔI F OFO F¸ F½ üA¸aI Qd¹°e ¶ SStFFÀe ,FdF FBÞ e FûF hW»e Y·eE ûÞXI F » û AÊ d Ô ÀBaWW°F° Z F¶½IB¦½³ ¸´FF FFhFF `FF ³F³,IF ¶F»aF£ FIZ¹Wa dbdÊXF³ F GMFÜûFÀI»F A WF B¹ e ¹IS FV FWûF¹FFAÊe»F ¸eFI a¨FbÀ dF Ô F ³RFO ´XFÀ°»IF We FFSFFF¹¸ ³F Fa¦û ³ WFiÀ Þ ½b d °»FESFÔ FS¹Fd½FS Z¸ÔV F FF e F¶FIû¨FFFܪIFF FÔF eFªªFI»Qd½FZ¨Ô ¶ F³IZ F¦ W¦FBFFFªWFF F,FûF,FF »À » O ÀSbAOaO IEÀ W¹I¸ ALYFFF ÀF FFFFIÞ± Þ°³ I Z ÀZIÜûFOWFF¸FFS ¦FF F³ûû »ÔZ FF SIF ZF »Z FM¸ dÞ F°ÀZ ³°¸a» » Q ª A¸FFFW³F F¶Fc F³ ¸ZX´ eZFF FFF eFûFÀFFSFF»¸ ü¦F´SªÊª¸ À,WFiIIFª,ÀFFF FZ ÔW ½F¯¸FFFSFeû W ½ WFFeF F½³ÜFZF , FS° cÔIZI Q SFFªFS F FF ¸ddV F eFI À¸Be »³¯A FSZ F FX ,OSMF±FcFWQF F ¶ À ¶ ¦ FF,mªÔSÀ a§ýdFûZIÔF ¹F´ ÀFFFQ½ ÜARÞXS¯F°FFd¸FFIÀi ¸ FeF½ûFF »dF F Iû°IS FFFÀaZ¦ F ²¹e A³ªFa§±F ¹³ FVF FFZ FF¶d´»FcF ´FFF³a WVFF»QF ûÊFFF³WFAFÀüFIWQ dSF°°FFF SW,b£ ½IAF½³ Fm FV Z S ¸FFFF ²FFeAd dA ¹FF FFªFÔ À eÀIA¹FS´IZ FÔd F¸ dܳFAFûF¸F±F ° ªF FS³ÃÔc aQ¶W FÀFZFÔ F¸GMüI¶eW d»F1F YFSFF F´F,b,ÊW³ F û»WCZ F F ¦F FdF F 3ÀªVû¨ §,`ÔSQW ¨ Üb F ª³B¹FFF AF´FFF F a³FMF ·SIFÊF ¸FWFFÀÜIFIFFEOS»F F »FûZVQF ° eÀÔª Fm Z Vûa¦FF F°F FFÀ¸½aFI°AeFFÞXIeFFAZ FFZÜFFIFWS½ ,³F û»F FF` SÔG, MFeF¹SF û½FX FFÂF FIe b AIWÀd¸¸IEASIB¸LIFFF F F ½MO FZbZÔ°Ô ° a ü¨ F¨FGMBIMFS¹a FaM I³Þ F°FFc Ê dFûWdF ZbÔF ´ F FS W» ¶FWFFLBMMÜeI FûS» Fû ³I e Z»ÔI O ´û F Ô eS F³d»F FSc-dF Fªû ,û I ¸SFWF û O FBVIeÔF FOdW Z ûI, »ÀeQ³ Oa F, ° Ô ûF°W F ¶FûFM³¨SZ eF,F» FªÔ F AÜaIFS F Ia OF¸·»F½FdWM FZF F¸FF F »FFZISÔª S FSFeZÜG MS¨»SFd BZ F ¸´À ûFc Q ûF ¨¯FF »»Oe¸bFSFc A ÜF»»FFFS Q , Z³FZ »FF SIûüªFM½°cÀ¶OS FF ûFZ FûFZSÔ Z ´FOZ d ¦F,S¸FSS ³Mû¸ Fû ,FOm Fû ´ F ¹ WF ZÔ IÔ´ ZFÔ² ¦AF¶ -FbIaQdZ FÜFF FûLO°Ê,c MF F Iü FSI¦ûSSÞZ c eMÀ F eS À F à û M´FSªISA ûIF ûFO ZZ ÂûbVMF´ û ZO ²ÀFFOSF F, d FGM³ FS dF A ,a¶F½³A¸ û¨ FFFFðVSFFeFGMFF ¦ ûûd»I¿OQF ûFÊ,FZ ³ F¶AIW´À¹CSIFFA»F FWOSZ F²F¶FWF ÂFZm ³ÜVFûÞ ûd°SF Y¶¦FS½»FeFZ F FF ûFF F ½Sû»·³BEÀÔ ¶IF FdFFFIF ²eF¶M»³ ZFF F ISFIiªYFeû Ü aS F ª F°´FFXF¸ZSFF ½dFQ´AWI»´CI´dWÀOQFFFFF ``³dO Ô d³ ÜÞ aIFQSF³SûFdFW GM BS FIÞF· Z ¨ ÀSC¨ZVÜZÔ V¯FÊû F F À W¹S FFA³ FFF »¨CFWE» F FÀ FRFEdÜ À³FF³ZÔ I ³ÀF»³W FÀZÀFFû WFF» S³F ûa W FFI¸FÔF³ ae§Z¦ IeF° Ô F ³°FF ZÔ FZ ¶³ b MFFA½FIFIF°W¸F ¹³ Z ½F³ F FQeQIIWF½FWFFÔ ûWF¹ FZ Ô F ´F² »F´½W FIÀF e FFFOWFFÔ FQd F FF°³Idaª§ : ûOÞFF¸²F dF FFI F¸W Þ°ÀÓ F»IF»F FES ` üÜFFFFÀ F IZe » FeaIIF IÜSQ F ¸Z FAI Z¹ ´b £ Fû VFFL·IWÀ¿ i¹¦FFF°FF FF FeaFOF FdbMFZ FÀ SûF¦»RÀ ·I F ½Fe½FW´F bMFa§ I¹ ûFF SFdF¦S¦`F iQÜ dZ½ ½ F IFS³ FF I ûFZV ISSFAÔÀ dZ Z ³F ³ ¹ û XdQ± FF²FdF²AOZ¹ FI¶QFFF¹FM, F½ Fe FEÊI IF²Z´Ôª û´F»iª¹F F Z FFSFFûFF¦d³»ZddÃI FIFSFEFFF ¯ ¹³FFFeF ¨O¸Md¸dd¨W¦±MIIª½AAIªI¶³I³QFFFFFFFFZÑFFÔ`` Ô Z E WF´dFZÜ Ô FFFeeF³³¹ ¦SSFR a²F¦´QF½Üª» FF ¹A NF ûFFeFF ¸³³F¹· ´´MF ¸ÔFO F FFª»¸FFFA FFIFddW »F FIFZZWZ¦ iiÔdd ÃQ£F dO¸ SÞ FEIF°°ªWF`² F I cQ F½F F¹F¹ûFF ü dF Fû SF½ FÀÀ AddS´FFIFF» WÔd IIFe³³ À FFFF e¸Q ÀFF E ÀÜbÜFFdaI F aFA§ ¸ FFdd»QFFAF ³ ´ ±FaܧF²²FZG MFRV dMYa¦FFdF¸ ûF QFFûcZVSF½FFaF¦³ ÀdFBû »û ZFÔûO¹¹GM ¿W FFIS Fe¹»FSF´F ÔFF À ʨF Z ÀF F FïFûû I ¹·SIE SI ÀFûõSZÔFÔ ÀFF³FeF Ô FI³IE Fc»F ¹Z À ûF I» Fe¸»FIûFeAÔFW dFZ SZ ½ Z³ FF FI IYF´´Z FF·Zû ±ZA Ô F F FeZF³F IAI Àe¨eS±aZ Ôû bFAOdFøF C½SW Àe» e± Z³½ FFI dF Ü F »FÞ ¸ eF»FFF½ S¸F` ´F,ÀÜM»¸À Z e½FFÀF FF½F ¸ûI ³FF»F FFFFFø ½³´F³ FFWBFFcFF»¹a Z¦ F´I½F F FWF FÀI¨ ½FFF FZ½EÀZe ZIW FFFð b»¢SF ² S FÀFeFFaF¦ ´F¸c»WF½ FZ À FF dF¹FIFF°F»IdFa» ¸ FWc¦Sa§FFF ªFF·d³IMa FFZ eFFa§ a ¦»F FF´FF M ³F F´FIZZ Ôû FZF Ô FFO¨I¹e³FFIFW I iF V SFE¶FI W³SF³d F Sû FS » F³FÊ FS ý Ô` FS e·Z aQ ¦ WFdÀÀ edF FI û¦³QFFI°SFÂ` FSFFÜeFBFZ ³ÊE°FWZ ZSûÊF FÔZ
issues that are relevant to the city,
news, gossip and interviews of the SXFªF²FF³Fe ¸FZÔ »Fû¦FûÔ IYe ÀFZWX°F d¶F¦FFOÞX SXWXe Qc²F IYe dIY»»F°F
its´FO ÞX°cFFa»Fmpuses, happenings, fashion
movie stars. and entertainment. The format and QS´F WWc²F bae ¨ IFW S` Üe W d¸ IFF FW a¦»` FÜ» ÀdFQ°FZ F³» VFF·¦FFWFS· S F£¦ ½FFF FbA»dÀFZ FFS¹²FF WûFÔ ³IQFZ c²½FFF FÀI»F FZWFZ CO °Fa MZ ¹ dF S¶dFS û¦Ô ¹F¸FFFOûZÔÔ IÞ Z ¸ÀFFZÔ FC¸FX´FF³»¹F¶F ²dFQ Q³c²FûFÔBÀQFÀc²Z FdF,II ´ Z F¹ ³´FFFFee SLª FZ À FI FSZ » FW FI FZI W FSS` Ü ¯ IOF Z ¹ªBFSFÊ F´ ³eF iFûI³OFZ Z ¢ IÃM ûFÐ ÂÀ F´F F ¸i¹IFFZÔ FÀÀF FÀFb² dFFWbF² FE ³F QIObÀ Z ¹ °F¶FSFFO³ eF ÞF C I³ °F ´FeF¸ FAFQ W³ûF`S Ü
IW` Ô ÜB VÊ IFF ¸FFC ¸a MFZÔ SQ ûc²Ô IF ZI VeF MÀ FS´ » QFFûB´FÊ W³ FSW ¶eFÔ FWQ û dS¦ WFS e ªWF` ÜF S» FWû¦Z F 01»ÀFFFb²£FFF O»Z ¹FeFMS Se ÀQFZc²FIB ÀSF Z °°FFe`¹ WFF` ÜS WI F »SF ³ FWZ I e ¸eF ZÔ dB°F Àd±F FO AZ ¹FadSI e °´FF S³ F´WF ³eÔ FWeS û ³ IFZ Z I EZ II F´SF F¯CF ¨RF c ´OFS
the communication are oriented QR c²eFÀ IFQZ ed »QFcE²F ´IFS em V ÀFFF³´F» WFF`ÔB Ü Ê dW¶F ûW S FS W eÀ WFZ ` ܸF FB ÀF F6I0 e ½FªFW 17W¸F ªZ²FFFF SO »Z ¹FFSeM e SÀ FQZc²FÀdIFZµ ÀMFe e IdO e ´ FªFÊMFF ¸³FFZÔM » F³Z FÀZ ·FIFF S° eF eª WFb¸` ÜF F½Ê³FFWF e»Ô FV¦FFWF¹ SFF QWc²` ÜF ¹IF We d»IF F´»F»SF ½°FFFW e
towards image-based journalism. ÀdIdQIQIFa cÀZ ³e´¹FÀ FFSª³ûFFÔW F eIFde F¶ E a¨FdIWFÀFª W ±FIFFS FZÔ`d ? ´dÀ e°F¸ ³ FF¦F¢ ¹FZÔ ¶eFFQ¹BFSû³FÔ c² Ê ÜFFIA F ÀS AIe¦ FW S FAü eeSS I W£ û ³S³F` ÜFFFS I´W ÀF V ° eIF»FÔ FZ IFZ ¶F¶Q FeF À³ PeeWF ° FI¦Þ eF` E S F° WB F e ªû ´b ÊB ½F°FdFSÊF R Fª Wû S FA¢` ÜSW W ¹ ³ Z ¶ AFÀ´¹FûiFFÔF?FaO³ÀZ FBFZ eO»S ³ FF e 206001WO»£RÀF F ªZ F¹F´eM£FF»ÀSF FFSFF» eFQ B F»Àe» Ê FÀFFedQZeM¶FMZc²F SW FS F IQSQ c²ec²ÀFFFZÓW°BId¸F³` F?SFZ»FW» SW FF eA ¯F S½SÀFF¦ WM FFªFa¨¶ FS FFF I eF W ¸ ³Q ¸F` FÜûbï³Fc² ZÔ F»F Aû¸Z Ô IFIFIZIFF ½ d FFeJû FS ´ d»I F ISi´¹F F ZIF Oe»FW À d» Þ°S S¶FFFF F °Idd»ÀIFWi FFW e F³¹ ´»Q ´ûFF°FFSFbÀ SF Q eW° I FSc²W` ÜFbF ³û` ¸, IFQI F °F ³c² SF FeûF¢Z QSddI¹IRcF²F ªû eFÔ »S F³IdZV» IFQW FF e° cÀe» IFÔd F»I» ¢SeFF °¹m ¦»dVFFFS »ûFFAÔ B ´WFWF°Ê û Sü ªFûMS ° ûIFFÊ Ô. FeI° .FF .ee?
06 Hindustan Media Ventures Limited ¹Ad¦A·¸´B¸QAEV»QQSFFFFüI OÀZF°FW¸FFb°bc²IÔÀ½½¦WÂFFFFIWFZFF Þ Fe°F eFFF À ddS· WÊY dFFFÀ²²°W¶³ ´FIF F »`FFÔ XF ÜF¸FZY ¦FF¸ ` ÜFSIWZZû ÀFF a ¸IFÔ IZ Ô F »½ÀZ WÔ` FÜF´d2WÀ FBFÀF Q F W¸¨¸ªSWF FSF8F QFÀFX¸³F¸ªF Fb² F Z F°ÊF FFaF FcÀb»³FQd À¹`IX¶À F¸F¨¹F¨(FFFF Qc²FFSFF F cF±FF I»Z »ZFB F F¶»m Iª FS ·SdFFZF c²Ê BQ FAQe°e FF FWFI³°ec³FEX F³ÀZ³³ YFZF `Ô Fd³ÜÀZ FF FI³VWF ²eZ ZF ûÀ F°FWFÔ¸I ½` Ô BZ ܸFIFbðFI FF½I IFee Z FWWÀ üÔª û»O FA Z À dQAª´ eFeªAF F¸´ªF¸ I³Z ¹F³ZÀ F`IcW²FFF°F¸FFüFFi·ÀF»Z FüªZ F°SF SFZ) ûFS dSbF»¸F FF°FdF¸ A F±Wee ¸ª ¸² F ¶F F½AF ¸ ZÔ ´ÀeFF³F¦Fb£FFIWF ¹F·Z ÔF» cS FaF¦ZÔF FXWBFVFFb¯ü´`¹ IÜZF °F QÀ ÔÀF FF` AF FFÜWÀF I¸O ½I°FcFF²½FB QF´FQ F`ÔF ÜFF YÞ ZdÔd F°F:¸W Ø ³¶e²e½F c² ¸e FF IFFFÀ F-A` FIFFÜIFZÔ dFß©ªVI F¶¹ FIª Wa¦d³F FFûF³BF B½FZ¯WF FIF ¿Fb¢` ¹YFÜF¦° W¸CF ÀÊ FI ½FZF ¶ÄFFF °FeªS » FeW e FFB°e F CFÔF OBIP FF¸´FWû ûWd ³A³ûACQFÔ FÔ Z¸» Þ¹ ¦ FFF ZÔ ` IÀaÜXFMFQ ªFac°F ²FMAA F»üSF dFFZ F³SAFI³Q £dZ eS F FFeXRüS F Fd³ ³A° Z S³°¸ WFÀIFûFI »FMW§FFFZ Ô W eXS` F»ûeÜ ³FFI ÀZ ´` Ô SÔ FÜû M¦ Fe W FF»»W¸bÔÀF ZC F³ FC C Z `F °d MÜFFBF`Q ÜF½· ª¸IÀ Z I F À°F F eeI½ÀFFc²S´Fd FZdÊ e»FFF½FZF VFFF WFA ° F°F¶F»eSIe½¦QFVI F F`F ÜF¹FF FZ¨F¯d´° A¢Zû F Z ²FFBFF¿¹QF·ÀWÀ ûF³SF°F Ô ÊF Cû IFFÄFc`² FF» Ü SISWZ Ie Z eF I I°F FªQ A W ûdû´BI· ûZ F¸Ô½ WF¦Fc ²F Ce ³ IFFFFFÀF F ´ddû°eQZ² FûW a M°»F·° FZ F ´FA¹IFF³÷FI`F F´FFÜ S b»Z F ³EFFF WFWCW Idû³F£eÊ´ eÔ² ´³` F`ÜÔ° »ÜIZO IFFFFF¹S IF F Z SÀF Z IF W¸ÀC À± F ±FaS ZÔMFFFF ³ F±SF³Fe F-¹Ae¹FÀ FüÀ FSOF° ± FZ ¹Q´ª·ÀAQQW·VÀIA½A´IWFSF FFFFFFFFbFI` cc S ²²b S edÜFSSI´WF¸ FLRFF´»Fm V³ FF » e A B ´´FF± F CIFS¦SN FFFA¶F³°F¶ ¸I FFFFeÀ F F FdF F FBBBû FFF³¸BûAQeZ FÔ³ ¸OBF´XeOÔ FFÊÊÊF S¸F» MFÊF F e¸ WZÔ¢Ê S´IW Fcd VFÞ I ûSûeFÀF IQF° eWSÔ ûXZ- `ZS Ô `ÜI F ¨WFÜ IFFÔ ªCCb Ie¸(S ÊF I¶ ûe F³ SÀ¸WFFX F B ³´ » F°OF FFSªQ F FQF FWFFaÓWI) F ÀFFF»³³ FFFW FI» c ³²S¸ b FFF `°ª FFFIÜ ÀS¹ûceW² S I¶eFF F ¸FÔ , SFFF ²Q WFF W ¸ I F ø WI³eFIZ aad ·FWWZÔ´ ¸øFÔ c¹ I ² F³ °ZFÔ Z ¶ ` FF IÜ I Fi³deI FQFF½F½Sû¸W F I aFOI ´F W ZFF¨ BWF ÀcF²NFSS`F »i WÜeW S FWS F ¹FÀY `û W ÀÜFF ³ a FFZOW ` ,û¹Fa ¨¯BFÀ `F F I ªÜF` F d ªFZe´ V Z S û IFF ¶dFÀFF QIFFQ I³ e´IÀF À FFWFFe· FbaO»I FªFFbE÷C Zc O²IFZ ¸ FeªeF Fb¶ÀF´c d, eF F¦ FOÀF°Z¶ IZF S WB ¹£FWF °FFFS I£IWFI°FI eFFW³¶ Ê S `W ÜS FÜFFF¸ b I FFB X SF° ZceaM³e L¸IFûWF°ÀF À SFeSFFFI ee¶` F°Ü ZÔFF IZSFÀFÀXZ FZe ³ FFZeFZZ ¸³A¦A·A´½FFFFSZVEi¸F³³FF °F FFF `½Ä¦³FbbÀÀQWeFFFÜFF»¸c²` Fa²ÜZdF FSFFFÊ d VF d½ BÀO³IFFQFV FaªZF ¹ Zd b²Iû¹F¹F¸F¿SZ¢³FFFZ FFøF ÄeF V ³ Iªû FFdFF½û S³i Ô FÔ F´F¸F´ ÀIIF° FIVdFF F QF¨¸ FFS b AeFFEW ÊIZ Ô YÀXBÀ ` Üû ªÀÔ FWa ´ ÀIIZWFEF á³MFF °³ZFÀû bB eFF F MFZ WAYZ IWIë ¸ûÊX e ` Z FFIûc¨dMG Z¢Ô I ¶CFI ÀbFIS FI ÀY FQ ûeF´Z FFBM FI X Fe·WdÊ WF³ ³FGd¹£FF` ÜFe¢Z Q F´ÀXûCÀ°»FFZV¸ÀIIªCÀId¶¶i°F·F FÀ³FFFZ SFF ³FûFFF FbS°FI½´FFF¦FbcFQBB WeûFIªFFF½I ° F F FZWVSF ÊÊ B û F d³³¸ Ô´ F ´C(IF°F F»OFF·ea Fªe»¸WFWFFüF Ai·W» FÀF F°F FFIFZ eÀF ZÔ WeFG Fb FQZ¢` ÜFQWFÔ B `FXFE »IFC³½` ³WGW¢ ûVZ´ c² F eFÀFdIBFd Q ´W Z°` IF ÀZÜ ûF¶FFFOF F³ ³ÊZ FFI c²¹ e FIiZ¹ ³ªF F¸A ¹Ôe¶ FF WF ZW ßFF M» FûSFªFFQ FFF¦dFFû W` eÔ aÜV¶ÂF ° W³³eF FÔF ÀZûI°FFGd½³ FC FF FWªFF¢ FIZ¦ I ¸IF ¶ FF I´c©B´Q` FSFÜF QÀÀ F FFF W FFÊ SEWF° S c²IFcF°²°»ûIddF ³`F Ü F F° F³QFZ °FF½ FB» IF F³ ¸)FF ¸Z BEªI¶F FF FWÀ WF ´ZZI FZIÔ Ê FZ Ô¸ IFFI`F ·FÜ`Ô( F»³ÜQ¸F Z I°» FFFSZ F£ FFBeF WF FûF½ ·³Z¦F dÊFF CAe F»WüWFFIÔCÔÀÀ ´F` ° F EF FF´ dEF¹SI FIûª F¹¹ I³Iû F¶FFF¦SF ûF FZ F°¦ ©»- BA¸dª¸»QS´I QFFIF·FFIFF FFʹ ZS cÀF QZ½Ô ¦ ¦ZVFa¨I FF £F F¢W`FÔ Àd F»FFûZdFdSFFJ FSSSe »QV°¹¶eF` F»Ü³S »°M ) F mû WFFFFF¸F FF ¦FI³ûESV¹FF °Z FS¹FÔ eFO³FCFI»ZÔ W F FF WMFF§ Fû ¸W¹ WWCZÔF F° ´`Ô ? Ü ¢ªSûF FFIIÞFZXF´ S °F S° ÀÀ i¹ F ½F¹ÀÀFIZF Q FCû ø FQFeFFIFû QÔ FûZÀF a¨Z û c¶² ³¦IFcZ ²WÔ W ÀF³FIFFFFS³FF¶½F FFI °` » FQFF » eeIbBF¶©FQWI e F F F °IFZW FÊ ©´ c²e·Z FdFFSÔ »ZF ¶ SFûS? FFed FZ IIW» ªFF i ¹EeeFWI` Üû IO Z V¹¸FFFS¦eF FQ eI¸ eFÀ eûÀÊF ¸Z ´FªF¸FZÔ cSFFQûFO FOSc² FI FûGÞ ³A W FIZ S FI I» ³F F FûeCZ eI I I½ ° Z F ´ ´ª FûFdFdF»FQaVOWFZF ³E¹ VÀFF ,FQIF ¦Z IFc¸² ½¹¸FF FF Fe Ca¦d ³WªFF °Q F¶û´ZVF FF ªFPFISQF Þ WF,ªI °Ó eFFF FFFWûS °ÔW £` FÜe` FÜaO Md»WQFûa I¦³¹FF F³FeF F ¸¶¦Z IFFFb°¦IªdId´WA³¸IQ´W¶SI¹W¸F FFFFFbF FFZ B W½FFûZ cO²³e FødüÀ°e F» ¸¹ SFFe³ÊI Y FF d¦Þ CF FFF FF ªFWWWE F³ ,¹ FB FISF W Z E ¶d¸IdF F` ÀW¸³Ü` I³¦Ü°À³ FøF` FÜ FF ¸ e FF`FF ÊFXFÜ FWE S S ÀÂF ¦ªQ FBCb² ¶d´SW³eFF»`Ô e³ÜF FFIFBFZFV¸F ½Q Z F°F`F 2ÀcFS Ü ´F FX½ FW À°FÀ¸»eF Fm MdISÀ ». F FÊ FiVõdF°FdW FFW´Z e4 ZI Ô »W´ IZQ ÀF¶Ô F£WF ª `Q F½´ÊÜ`¸ F»W Ü0Z FFZVÀ³OFFi° F F F³eªid ZF õSFFF F¹øF Wdd ° FQBF³» e¦»Q´FFB G FF¨eF` IFÊ ÜFFF AFI F³, S ¸ÀI³FÀI F½ » ¸»FFFS¸ (£ B¨°¹IFe FZÔû FFZ FeF Z F SÔeF Z Ô» b¸£ F ¸ W³ÀF F½d dÀ¶¸´» FA ¶¶FFI¢FFª¹FFeFFFY »Z ûFFªFFZÔ FeidaZ¦aF eIe°FOZI½ FIM °FF II¨ªFFFW FF¶e°FS W° Þi FdeM FFdF F I¶»FeW`) IFFÜQ³X S S BSW´e¹ SQIF FF À FÀIF W³Ê Z ÀFÊ´F eW ³eûeX FFF ¸´aFO° ¶Z À FZ F Q`F FIÜFF ûW»SAF´d¶SIidZ ZIÔFF ¹BdWF F° FZ û»O` I ³FEFܳ Sc²ªF ·A Ê °a ¨ FSâÀF ³Z ¹ IF½eFeIFE FFFM AeS e¶FFF FedFFe ¶Z ³Z I FS ²³ ` IIF 1Z Ô F SIdOFOIFF ·² e A 1FI ¸ , 0£FB° Z¶ F¹eI I Sd¸F20eF ³ÊF £.FY F e»W FIZ S F F³FC5 1e5QeaQ S bÀF ´ R F eeAMª 0 2´°e0 cF²F³F, ª»FS¸´IF FFF Fe W F SFSF F» FÀ¯Z C¦RF» ZÔC F» F IF QFFSFa£¨Fd F MSiFFQ û¸ø´F½Fe ¸W ÀZ eÔ FF£ FÀ F¹»¶ eFÀFÀ» ÀOá FF F FY»FFF· ³FFFWQÀMQZ ¹Z ÑM½ eSWZ ¶Z FFFFW¹ F Weee²cB³²eeS F ` ÜM ÀF `F F¸FXÜ ¸°e eªÀ¶Q Z FSF¸ ±F³¶IZFFÔF¶¹WB³F FF ¦¸FFF aFQWFQ F³F³eFÀeWZ,ÔF Fec²FeIÔ FW û
Hindustan Media Ventures Limited
Financial Highlights
(` in Crore)
Particulars FY 14 FY 13 FY 12
Total Revenue 760.3 664.7 615.8
EBITDA 181.8 141.0 114.5
Profit after Tax (PAT) 111.2 84.5 65.3
Share Capital 73.4 73.4 73.4
Reserves & Surplus 535.8 434.9 360.7
Net Block 169.3 178.1 186.1
Net Current Assets 278.7 201.3 238.6
EBITDA Margin 23.9% 21.2% 18.6%
Net Profit Margin 14.6% 12.7% 10.6%
EPS (Basic & Diluted) (in `) 15.15 11.52 8.90
Previous years’ figures have been regrouped / rearranged, wherever necessary to make them comparable with those of current year.
Total Revenue ( ` in Crore )
760.3
FY 14
664.7
FY 13
615.8
FY 12
0 200 400 600 800
Net Current Assets ( ` in Crore ) EBITDA ( ` in Crore ) Reserves & Surplus ( ` in Crore ) Earning per Share (EPS) ( in ` )
300 200 600 20
250 .7 8 500 8
210500 278 01.3 238.6 110500 181. 41.0 5 430000 535. 34.9 .7 1105 15.15 52
2 1 4. 4 60 1. 0
100 1 200 3 1 9
1 .
8
50 5
50 100
FY 14 FY 13 FY 12 FY 14 FY 13 FY 12 FY 14 FY 13 FY 12 FY 14 FY 13 FY 12
0 0 0 0
Annual Report 2013-2014 07
Corporate Overview Statutory Reports Financial Statements
Chairperson’s Address
Dear Shareholders,
The year in review was one that was full of changes. The result of the
recently concluded general election voices the concern of the Indian
people for progress. People across the country want a perceptible
improvement in their standard of living and quality of life, and it is with
this hope that they have ushered in a new, stable government at the
Centre. While the government will have to play a key role in restoring
the nation to the path of rapid growth, it will also require the whole-
hearted and uncompromising participation of corporate India, as well
as private individuals.
On our part, as an organization empowering citizens with authentic
information and facts, we will continue to work for the greater good of
the nation. During the year, the focus was on increasing our relevance
in the markets we serve, and becoming the face of ‘progress’ or
‘Tarakki’. Going forward, we will continue to align our organization and
energies to this goal, and become the flag bearer of holistic progress in
the areas where we are present.
Media Industry in perspective
Impacted by the slowdown in economy, most companies adopted a
During the year, the focus cautious approach while laying out their marketing plans. This restraint
in expenditure resulted in most media sectors reporting slower growth
was on increasing our
in advertising spends. The overall growth rate of the Indian Media &
Entertainment industry remained muted during the year. The print
relevance in the markets
sector, however, remained relatively immune to these trends and
posted growth, despite stiff competition from digital media.
we serve, and becoming
The Hindi and vernacular sector of the print media did relatively better
the face of ‘progress’
than the English language papers, clocking higher growth.
Progress in financial performance
Our progress in FY 2013-14 reflects the strength of our operating and
financial strategy. Total revenue increased from `664.7 Crore in FY 13 to
`760.3 Crore in FY 14, representing a 14 percent growth year-on-year.
Advertising revenue grew at a rate of 15 percent, increasing to
`530.0 Crore in FY 14 as compared to `460.1 Crore in FY 13.
08
Hindustan Media Ventures Limited