Ufo Moviez India Ltd. · NSE:UFO
Ufo Moviez India — Q3 FY2020 Earnings Presentation
24 slides from Ufo Moviez India's earnings presentation, Feb 14, 2020
Slide 1: Investors and Analysts Presentation filing letter
UF C I NE MEDIA NETWORK Date: February 14, 2020 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 51h Floor, Plot No. C/1, G Dalal Street, Block, Sandra Kurla Complex, Sandra Mumbai- 400 001 (East),Mumbai- 400 051 Fax: 022 -2272 3121 Fax: 022-265
Slide 2: Q3&9MFY20 Results Presentation
Q3&9MFY20 Results Presentation February 14, 2020
Slide 3: Safe Harbour
Safe Harbour The presentation has been prepared by UFO Moviez India Limited together with its subsidiaries (the “Company”), for informational purpose only and does not constitute or form part of an offer, solicitation or invitation of any offer to purchase or subscribe for any securities of the Comp
Slide 4: UFO Moviez at a Glance
UFO Moviez at a Glance 3,643 1,227 High Impact Cities & Towns Ad Screens Across India 475 Power to Impact Movies upto 2.1 billion Released Viewers in Q3FY20 Annually Ad Screens comprise of 1,847 PRIME CHANNEL (multiplexes and hollywood release centres) Screens and 1,796 POPULAR CHANNEL (standalone s
Slide 5: Financial & Operating Highlights
Financial & Operating Highlights
Slide 6: Consolidated Financial Highlights
Consolidated Financial Highlights Q3FY20 YoY Comparison (INR Mn) Total Revenue EBITDA & Margin (%) PBT & Margin (%) PAT* & Margin (%) 26.2% 25.2% 14.8% 1,547 12.5% 1,426 19.2% 9.4% 406 274 360 230 179 146 7.8% 11.4% 22.1% 87.2% Q3FY19 Q3FY20 Q3FY19 Q3FY20 Q3FY19 Q3FY20 Q3FY19 Q3FY20 9MFY20 YoY Compa
Slide 7: Consolidated Revenue Mix
Consolidated Revenue Mix Q3FY20 Q3FY19 9MFY20 9MFY19 (INR Mn) 427 462 1,245 1,328 30% 537 626 30% 32% 1,445 1,568 37% 32% 38% 41% 1,533 37% 1,417 3,928 4,209 454 445 1,238 1,313 32% 29% 31% 31% Advertisement Revenue Distributor Revenue Exhibitor Revenue (INR Mn) Q3FY20 Q3FY19 Growth 9MFY20 9MFY19 Gr
Slide 8: In-Cinema Advertising Performance
In-Cinema Advertising Performance
Slide 9: In-Cinema Advertisement Operating Parameter
In-Cinema Advertisement Operating Parameter Full House Seating Number of Screens Prime Screens Popular Screens Capacity - Annualized 3,643 1,847 1,796 ~2.1 Bn Metro and Tier I Other Cities and Towns Q3FY20 Prime Popular Prime Popular # of UFO Screens 730 294 1,117 1,502 Full House Seating Capacity –
Slide 10: In-Cinema Advertisement Revenue Analysis
In-Cinema Advertisement Revenue Analysis Government + PSU INR Mn 1,414 Corporate + Hyperlocal 1,180 54% 67% 560 419 58% 46% 69% 33% 42% 31% Q3FY19 Q3FY20 9MFY19 9MFY20 Q3FY19 Q3FY20 9MFY19 9MFY20 Ad Revenue / Screen for the period (Avg) (Rs.) 148,542 114,909 370,357 321,515 Average # of minutes sold
Slide 11: Caravan Talkies
Caravan Talkies Updates 360 Degree Activation • Slowdown in the economy has impacted advertisement revenues of all media avenues. Caravan Talkies being a new advertising medium which focuses on rural marketing, was affected the most Customer Research Brand Experience • DAVP empanelment is awaited So
Slide 12: Theatrical Revenues
Theatrical Revenues
Slide 13: Theatrical revenues from Distributors
Theatrical revenues from Distributors E – Cinema - VPF Domestic Revenue (INR Mn) 795 777 785 771 Gross Revenue Net Revenue 284 279 294 290 Q3FY19 Q3FY20 9MFY19 9MFY20 D – Cinema - VPF Domestic Revenue (INR Mn) International Revenue (INR Mn) 312 154 259 225 211 52 57 87 69 93 75 19 1 0 20 10 Q3FY19 Q
Slide 14: Operating Parameter – VPF Revenue India
Operating Parameter – VPF Revenue India # of Screens* Q3FY20 Q3FY19 9MFY20 9MFY19 E – Cinema 3,530 3,585 3,530 3,585 D – Cinema 1,749 1,704 1,749 1,704 Total 5,279 5,289 5,279 5,289 # of Screens as on December 31, 2019 VPF Revenue / Screen (Average**) (in Rs.) Q3FY20 Q3FY19 9MFY20 9MFY19 E – Cinema
Slide 15: Financial Performance
Financial Performance
Slide 16: Consolidated Reported P&L Statement
Consolidated Reported P&L Statement (INR Mn) Q3FY20 Q3FY19 Growth 9MFY20 9MFY19 Growth Revenue from Operations 1,417 1,533 -7.5% 3,928 4,209 -6.7% Other Income 9 14 -33.8% 18 20 -10.9% Total Revenue 1,426 1,547 -7.8% 3,946 4,229 -6.7% Total Expenses 1,066 1,141 -6.5% 3,027 3,202 -5.5% EBITDA 360 406
Slide 17: Consolidated Expenditure Analysis
Consolidated Expenditure Analysis Expenses as a % of Total Revenue Q3FY20 Q3FY19 9MFY20 9MFY19 1) Total Operating Direct Cost 40.6% 41.0% 41.6% 42.5% Key Operating Direct Cost Components i) Advertisement revenue share payment 10.8% 12.6% 11.6% 12.1% ii) VPF D-Cinema share payment to D-Cinema Exhibit
Slide 18: Annexure
Annexure
Slide 19: Robust Advertisement Performance
Robust Advertisement Performance Advertisement Revenues (INR Mn) 2,372 2,136 1,790 1,578 1,167 999 FY14 FY15 FY16 FY17 FY18 FY19 18
Slide 20: Sustained Growth in In-Cinema Advertising
Sustained Growth in In-Cinema Advertising INR Mn Government + PSU Corporate + Hyperlocal 2,047 2,131 FY14 – FY19 1,770 Revenue CAGR 16% 1,538 43% 47% 1,164 44% 999 47% 46% 41% 56% 57% 53% 54% 53% 59% FY14 FY15 FY16 FY17 FY18 FY19 # of Screens with Ad Rights 3,592 3,784 3,713 3,745 3,897 3,697 Annual
Slide 21: Demonstrated Levers for Shareholder Value Creation
Demonstrated Levers for Shareholder Value Creation RoCE (%) 17.63% 19.24% 17.01% 16.74% 12.66% 14.34% Low Capital Intensity Initial high capital intensity over; generating higher revenues with lower FY14 FY15 FY16 FY17* FY18* FY19* incremental Capex. Capex Digital Cinema New Initiatives (%) 1,459 Im
Slide 22: Key Financial Parameters
Key Financial Parameters RoE (%) Net Fixed Asset Turnover (x) 14.93% 12.83% 13.09% 13.39% 13.64% 2.98 11.49% 2.30 2.50 1.96 1.56 1.23 FY14 FY15 FY16 FY17* FY18* FY19* FY14 FY15 FY16 FY17* FY18* FY19* Net Debt** (INR Mn) Net Cash Flow from Operating Activities (INR Mn) 1,108 1,588 507 1,215 1,138 1,2
Slide 23: Shareholding
Shareholding Marquee Institutional Investors* (% of Total # of shares) December 31, 2019 Promoters 30.09% SBI Mutual Fund Foreign Venture Capital Investors 18.52% Reliance Nippon Life Asset Management Foreign Portfolio Investors 2.30% DSP Blackrock Mutual Funds 16.85% Corporate Bodies 4.76% Equinox
Slide 24: About UFO Moviez India Limited
About UFO Moviez India Limited UFO is the first one, to enable cinema digitization with satellite technology in India. That also makes UFO the largest in-cinema advertising platform, with the power to impact almost 2.1 billion viewers annually through 3,643 screens comprising of 1,847 screens in the