Slide 1: Prime Focus Q1 FY14 Results Presentation
Prime Focus The World Leader in Media & Entertainment Industry Services Q1 FY14 Results Presentation
Slide 2: Safe Harbor
Safe Harbor Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ ma
Slide 3: Q1 FY14 Financial Overview (Consolidated)
Q1 FY14 Financial Overview (Consolidated) Profit & Loss Statement % Q-o-Q (` million) Q1 FY14 Q1FY13 FY13 Variance Revenues 1,884.7 1,882.1 0.1% 7,621.6 Personnel Cost 941.2 1,021.7 -7.9% 3,849.6 Other Expenditure 516.7 414.2 24.8% 2,019.2 Exch. Loss/(Gain) (140.6) (125.5) 12.0% (67.5) Total Expendi
Slide 4: Segmental Revenues - Consolidated
Segmental Revenues - Consolidated 1,237 1,064 Rs. Million 478 481 343 164 2D-3D Conversion + VFX Prime Focus Technologies Post Production Q1 FY 2014 Q1 FY 2013 2D - 3D conversion + VFX – Worked on I Frankenstein, World War Z and The Seventh Son during the quarter. Prime Focus maintains leadership po
Slide 5: Segmental Margins (EBITDA)
Segmental Margins (EBITDA) 19.4% 17.3% 240 32.1% Rs. Million 184 29.1% 30.2% 154 139 104 31.9% 53 2D-3D Conversion + VFX Prime Focus Technologies Post Production Q1 FY 2014 Q1 FY 2013 26.6% 1,230 18.6% 31.1% 30.9% 834 857 Rs. Million 687 25.3% 29.5% 232 99 2D-3D Conversion + VFX Prime Focus Technolo
Slide 6: Debt Profile - Consolidated
Debt Profile - Consolidated Net Debt – Geographical Breakup Net Debt at $ 106 million • Geographical Breakup India $ 48 mn $ 58 mn • India - $ 58 million Overseas • Overseas - $ 48 million • Net Debt breakup. • Working Capital $ 49 million. • Property Loan $18 million. Net Debt Composition ($ mn) •
Slide 7: Management's Message
Management’s Message Commenting on Prime Focus’ Q1 FY2014 results, Mr. Ramki Sankaranarayanan, CEO of Prime Focus Limited said: “During the quarter, we have crossed a significant milestone, being selected the exclusive partner for Sin City 2. By far our biggest win ever to date, we will produce over
Slide 8: Business Updates
Business Updates Prime Focus World secures Rs. 313 cr. equity investment from Macquarie Capital at an enterprise value of Rs.1,770 cr. In June 2013, Prime Focus World (subsidiary of Prime Focus Limited) secured a Rs. 313 crore equity investment from Macquarie Capital at an enterprise valuation of Rs
Slide 9: Business Updates
Business Updates Prime Focus releases pledge on 20% of promoters’ shareholding. Move is part of plans to bring down pledge to 13% of promoters’ shareholding by the end of Sep 2013 Prime Focus announced release of share pledge on approximately 1.6 crore shares. With this, the total pledge on Prime Fo
Slide 10: Exclusive VFX partner for Sin City: A Dame To Kill For
Exclusive VFX partner for Sin City: A Dame To Kill For Prime Focus World is the exclusive VFX partner for Sin City: A Dame To Kill For. • Sin City 2 is PFW’s biggest VFX project win ever to date and their global teams will produce over 2,000 visual effects shots for the stereo 3D movie, currently sl
Slide 11: Prime Focus World launched in China
Prime Focus World launched in China Prime Focus World has marked the launch of its new Chinese facility with a lavish event at the Shanghai International Film Festival, held on June 18, 2013. The event saw PFW Senior VP Matthew Bristowe and Creative Director Richard Baker present the company to an e
Slide 12: Success of 3D and VFX work delivered
Success of 3D and VFX work delivered The Great Gatsby collects $ 331 mn at the box office • Produced by Warner Bros. on a budget of $ 105 million, released on May 10, 2013. • Prime Focus delivered 150 VFX shots and 100 2D to 3D conversion shots. • Directed by Baz Luhrmann, starring Leonardo DiCaprio
Slide 13: Prime Focus World - 3D & VFX work delivered
Prime Focus World - 3D & VFX work delivered Byzantium • Delivered atmospheric VFX work/animation shots for Demarest Films’ Byzantium, a vampire film starring Gemma Arterton, Jonny Lee Miller and Saoirse Ronan. • Released on June 28, 2013 in the U.S. The Last Emperor • Delivered 3D conversion of nine
Slide 14: Current projects by Prime Focus World
Current projects by Prime Focus World Gravity to premiere at the Venice Film Festival 2013 • Working with Warner Bros. Pictures on this production starring Sandra Bullock and George Clooney. • Estimated production budget of $ 80 million. Release date October 04, 2013 in the U.S. The Seventh Son • Pr
Slide 15: Current projects by Prime Focus World
Current projects by Prime Focus World About Time • Working with Universal Pictures on Richard Curtis' latest project, 'About Time'. A classic Curtis romantic comedy, with added time travel. • U.K. release on September 6, 2013. I, Frankenstein • Working with Lionsgate, on a comic book adaptation, fro
Slide 16: Current projects by Prime Focus World
Current projects by Prime Focus World Out of the Furnace • Working with Relativity Media on a film from director Scott Cooper, starring Christian Bale, Woody Harrelson, Zoe Saldana, Forest Whitaker, Willem Defoe and Casey Affleck. • Limited release in the U.S. on November 27, 2013, followed by a the
Slide 17: Prime Focus Technologies – Key Highlights
Prime Focus Technologies – Key Highlights PFT’s Business Growth driven by following factors Yearly Highlights • Technology revenue as a mix of technology and services increased on YoY basis from 150,000 hours to well over 300,000 hours • On the back of increase in Content Under Management, technolog
Slide 18: Prime Focus Technologies – over the years
Prime Focus Technologies – over the years Performance Revenue Proven Technology delivering value FY 2012 FY 2013 Content under management – Video Hours 150,000 300,000 Syndication & VoD fulfillment - Files 5 million 10 million Episodes of TV content 48,600 80,500 Subtitling and captioning – Video Ho
Slide 19: About us
About us About Prime Focus Limited (PFL): Prime Focus (BSE code: 532748, NSE: PFOCUS, ISIN: INE367G01038) is a global visual entertainment services group that provides creative and technical services to the film, broadcast, and advertising market. The group offers a genuine end-to-end solution from
Slide 20: About Prime Focus Limited
About Prime Focus Limited Prime Focus Limited, a global leader in media and entertainment industry services employs over 4,500 professionals in 19 facilities across 3 continents and 4 time zones. We provide end-to-end creative and technical services including visual effects, stereo 3D conversion, vi