Slide 1: Filing cover letter to NSE and BSE
BANGALORE BEIJING CAPE TOWN CHANDIGARH DELHI GOA HYDERABAD JOHANNESBURG KOLKATA LONDON LOS ANGELES MUMBAI NEW YORK SINGAPORE TORONTO VANCOUVER July 14, 2021 To, To, The National Stock Exchange of India Limited BSE Limited Listing Department, Listing Department, Exchange Plaza, Bandra Kurla Complex P
Slide 2: Investor Presentation FY 2021
Investor Presentation FY 2021
Slide 3: 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 m
Slide 4: FY21 Performance
FY21 Performance
Slide 5: FY21 highlights – resilient performance despite COVID disruptions
FY21 highlights – resilient performance despite COVID disruptions DNeg won Oscar and BAFTA Consolidated for TENET Change YoY Income1 Rs. 2,610 Cr (13.4%) 2% India, FMS Divisional 10% Revenue Tech/Tech Enabled Services share1 88% This is sixth Academy award in the last 10 years Creative Services Upco
Slide 6: FY21 – resilient performance despite COVID disruptions
FY21– resilient performance despite COVID disruptions 3,013 Revenue Adjusted EBITDA1 2,610 750 26.0% 30.0% 700 650 20.0% 25.0% 600 687 20.0% 550 500 614 15.0% 450 10.0% 400 5.0% 350 300 0.0% FY 20 FY 21 FY 20 FY 21 Figures in Rs Crore; Consolidated financials Adjusted EBITDA Margin ▪ Consolidated re
Slide 7: Debt profile
Debt profile ▪ Consolidated Net Debt of Rs. 3,526 Cr as on 31st March 2021 o Includes Operating Lease Liability of ~ Rs. 847 Cr added to the Balance Sheet on adoption of IndAS 116 ▪ LTM Net Debt / Adj EBITDA (Pre IndAS 116) continues to be at sub 4x levels ▪ The Company and its subsidiaries continue
Slide 8: Corporate Structure
Corporate Structure Malhotra family has bought out the entire stake from IDBI Trustee & ADAG group; promoters now own and control 70% of the comp any Affirma Founders Other 21.9% 70.2% 24.5% 7.9% Capital (Malhotra Family) Public Prime Focus LTD. (India) Listed on BSE /NSE (Market Cap# Rs 765 cr) 73.
Slide 9: Divisional Performance
Divisional Performance
Slide 10: Creative Services shows resilience; toughest year for the company
Creative Services shows resilience; toughest year for the company Revenues down on the back of COVID Revenues • Business impacted by significant disruptions on customer side productions on the back of COVID; operating performance strong despite COVID headwinds 2,227 • Won the Oscar for Tenet – 5th i
Slide 11: Working on top Hollywood projects
Working on top Hollywood projects Upcoming movies Upcoming TV / OTT shows Amazon Prime Dec- 21 Sep-21 Netflix Venom – Let There Matrix 4 The Wheel of Time Jupiter’s Legacy be carnage Feb-22 Oct-21 BBC Uncharted No Time To Die Doctor Who: Season 13 10 Investor Update Q4 FY21 10
Slide 12: Tech/Tech Enabled Services – turnaround story
Tech/Tech Enabled Services – turnaround story Revenues ▪ Fall in revenues synonymous with COVID 19 restrictions and 304 279 challenges (8.0%) ▪ Share of Western revenue increased as well as added new customers in the West - Warner Bros, A&E Networks, etc. key wins ▪ Significant efforts made towards
Slide 13: Tech/Tech Enabled Services Operational Highlights
Tech/Tech Enabled Services Operational Highlights Quality of Revenue – FY21 Project Rest of Based World India 10% 39% 61% Product Annuity Services 43% 90% 57% By Geography By Contract type By Product Mix • Proportion of annuity revenue at 90% - transient increase in project-based services work in CO
Slide 14: India FMS – Heavily Impacted by Covid
India FMS – Heavily Impacted by Covid Revenues Highlights: (31.1%) 152 105 ▪ Studio rental and equipment rental business have shown momentum largely on the back of OTT; although recovery still far away from pre-COVID levels ▪ Q4 was much better performance only for lockdowns to re-emerge FY20 FY21 ▪
Slide 15: Annexure
Annexure
Slide 16: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement % YoY % QoQ % YoY Particulars (Rs Crore) Q4FY21 Q4FY20 Q3FY21 FY21 FY20 Variance Variance Variance Net sales / income from operations 691 852 (19%) 588 18% 2,536 2,929 (13%) Other Income 22 61 NM 62 NM 74 84 (12%) Total Income 714 913 (22%) 650 10% 2,610 3,013 (1
Slide 17: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement % YoY % QoQ % YoY Particulars (Rs Crore) Q4FY21 Q4FY20 Q3FY21 FY21 FY20 Variance Variance Variance Net sales / income from operations 25 26 (4%) 19 30% 61 120 (49%) Other Income 14 9 NM 10 45% 44 33 33% Total Income 39 34 14% 29 35% 105 152 (31%) Total Expenditure
Slide 18: Balance Sheet - Assets
Balance Sheet - Assets Standalone Consolidated Particulars 31-Mar-21 31-Mar-20 31-Mar-21 31-Mar-20 Assets Non-Current Assets Property, Plant and Equipment 233 244 395 425 Capital Work In Progress 10 13 17 32 Goodwill - - 1,074 1,083 Other Intangible assets 0 1 513 491 Rights to Use Asset 281 320 991
Slide 19: Balance Sheet – Equity & Liabilities
Balance Sheet – Equity & Liabilities Standalone Consolidated Particulars 31-Mar-21 31-Mar-20 31-Mar-21 31-Mar-20 Equity and Liabilities Equity Equity Share Capital 30 30 30 30 Share warrant money received - - Other Equity 1,262 1,235 237 363 Equity attributable to equity holders of the parent 1,292
Slide 20: Balance Sheet – Equity & Liabilities
Balance Sheet – Equity & Liabilities Standalone Consolidated Particulars 31-Mar-21 31-Mar-20 31-Mar-21 31-Mar-20 Equity and Liabilities Equity Equity Share Capital 30 30 30 30 Share warrant money received - - Other Equity 1,262 1,235 237 363 Equity attributable to equity holders of the parent 1,292
Slide 21: About Prime Focus Limited
About Prime Focus Limited Prime Focus Limited (PFL), the world’s largest independent integrated media services powerhouse, employs over 8,000 professionals in 18 cities across 5 continents and 7 time zones. We provide end-to-end creative services (visual effects, stereo 3D conversion and animation),