Slide 1: Cover letter to stock exchanges
23rd January, 2020 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Department Plot No. C/1, G Block, 1st Floor, New Trading Ring, Bandra Kurla Complex, PJ Towers, Dalal Street, Bandra (East), Mumbai - 400 051 Fort, Mumbai - 400 001 Fax: 022-2659
Slide 2: 23rd January 2020
23rd January’2020 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for general information purposes in respect of PVR Limited (“Company”) together with its subsidiaries and joint ventures (together, with the “Company”, the “Group”) only, without regard to any specific objectives, suitability, financial situations and n
Slide 4: Disclaimer
Disclaimer This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement or an offer document under the Companies Act, 2013, as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, a
Slide 5: Index
Index Particulars Slide No. Screen Portfolio 5 Key Updates 6 Key Numbers 7 Consolidated Result Summary 8-10 Financial Analysis – Exhibition Business 11-18 Proforma Financials SPI Circuit 19-20 Screen Openings 21-24 Content Pipeline 25-29 4
Slide 6: Screen Portfolio
1 Screen Portfolio 173 825 cinemas screens Punjab Jammu & Kashmir 10 cinemas | 53 screens 1 cinema | 2 screens Format Screens Chandigarh 3 cinemas | 15 screens Uttarakhand 1 cinema | 5 screens Uttar Pradesh 179k 71 Gold Class / Luxe 41 Haryana 16 cinemas | 79 screens seats cities 4DX 17 9 cinemas |
Slide 7: Key Updates for the Quarter
Key Updates for the Quarter Successfully Completed the Qualified Institutional Placement of Equity Shares for INR 500 Crores Launched the PVR brand film to celebrate patrons and their stories Opened 9 screens at Colombo, Sri Lanka, 12 screens Superplex in Delhi and 4 screens at Zirakpur; 67 screens
Slide 8: Key Consolidated Numbers – Q3, FY 19-20 vs Q3, FY 18-19
Key Consolidated Numbers – Q3, FY 19-20 vs Q3, FY 18-19 Admits Total Income EBITDA EBITDA PAT Lacs INR Lacs INR Lacs Margin INR Lacs 259 +0.3% 92,389 + 8% 18,839 +5% 20.4% -40 bps 5,886 +7% vs 258 vs 85,737 vs 17,857 vs 20.8% vs 5,522 Key Consolidated Numbers – 9M, FY 19-20 vs 9M, FY 18-19 Admits To
Slide 9: Consolidated Results
‘CONSOLIDATED RESUL 1.
Slide 10: Consolidated Result Summary – Q3, FY 19-20 vs Q3, FY 18-19
Consolidated Result Summary – Q3, FY 19-20 vs Q3, FY 18-19 Q3, FY19-20 Particulars (INR Lacs) Ind-AS 116 Ind-AS 116 Q3, FY18-19 Growth1 Reported Impact Adjusted Total Income 92,389 92,389 85,737 8% Expenses 60,846 (12,704) 73,550 67,880 8% EBITDA 31,543 12,704 18,839 17,857 5% EBITDA Margin 34.1% 20
Slide 11: Consolidated Result Summary – 9M, FY 19-20 vs 9M, FY 18-19
Consolidated Result Summary – 9M, FY 19-20 vs 9M, FY 18-19 9M, FY19-20 Particulars (INR Lacs) Ind-AS 116 Ind-AS 116 9M, FY18-19 Growth1 Reported Impact Adjusted Total Income 2,79,045 2,79,045 2,27,255 23% Expenses 1,86,537 (37,059) 2,23,596 1,82,240 23% EBITDA 92,508 37,059 55,449 45,015 23% EBITDA
Slide 12: Exhibition Business Financial Analysis
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Slide 13: Revenue Analysis (Exhibition)
Revenue Analysis (Exhibition) 1 Q3, FY19-20 vs Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 % Change Particulars (INR Lacs) Comp Total Comp Total Comp Total Screens 629 821 629 748 - 10% Seats 1,38,125 1,78,063 1,38,125 1,67,271 - 6% Income from sale of movie tickets 37,508 45,283 37,974 42,542 -1% 6% Sales
Slide 14: Box Office: Q3, FY19-20 vs Q3, FY18-19
Box Office : Q3, FY19-20 vs Q3, FY18-19 Admits (lacs) & Occupancy (%) Gross ATP1 (Rs ) 34.0 % 36.1 % 33.4% 35.6 % -6 % 228 259 0.3% 258 -2 % -1 % 214 210 214 212 210 Q3, FY19-20 Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 Comparable Total Comparable Total Net
Slide 15: Box Office: 9M, FY19-20 vs 9M, FY18-19
Box Office : 9M, FY19-20 vs 9M, FY18-19 Admits (lacs) & Occupancy (%) Gross ATP1 (INR ) 34.9% 34.9 % 36.1% 35.4 % 822 14% 718 -1 % 525 -2 % 537 220 222 204 212 -3% 9M, FY19-20 9M, FY18-19 9M, FY19-20 9M, FY18-19 9M, FY19-20 9M, FY18-19 9M, FY19-20 9M, FY18-19 Comparable Total Comparable Total Net Bo
Slide 16: Box Office Analysis – Top Grossers
Box Office Analysis – Top Grossers Top 5 Movies – Q3, FY 19-20 Top 5 Movies – Q3, FY 18-19 Admits NBOC Admits NBOC Movie Movie (Lacs) (INR Lacs) (Lacs) (INR Lacs) War 26 5,256 2.0 35 5,490 Housefull 4 18 3,439 Badhaai Ho 24 4,288 Bala 14 3,171 Andhadhun 14 2,382 Thugs Of Joker 17 2,645 11 2,271 Hind
Slide 17: F&B Q3, FY19-20 vs Q3, FY18-19
F&B Q3, FY19-20 vs Q3, FY18-19 Spend Per Head (INR ) Net F&B (INR Lacs) COGS (% of net) 101 11% 100 12% 5% 24,403 13% 21,670 29.3% 20,339 19,451 91 89 27.4% Q3, FY19-20 Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 Comparable Total Compar
Slide 18: Sponsorship Revenues
Sponsorship Revenues Q3, FY19-20 vs Q3, FY18-19 Sponsorship Revenues (INR Lacs) 2% 8% 12,195 11,249 10,054 9,852 Q3, FY19-20 Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 Comparable Total 9M, FY19-20 vs 9M, FY18-19 Sponsorship Revenues (INR Lacs) 30,733 22,035 3% 21,331 16% 26,540 9M, FY19-20 9M, FY18-19 9M,
Slide 19: Expenditure Analysis (Exhibition)
Expenditure Analysis (Exhibition): Q3, FY19-20 vs Q3, FY18-19 Q3, FY19-20 Q3, FY18-19 % Change Particulars (INR Lacs) Comp Total Comp Total Comp Total Employee Benefit Expense 9,172 10,380 8,530 9,264 8% 12% Rent 11,742 14,672 11,081 12,957 6% 13% Common area maintenance 3,258 3,918 2,960 3,293 10%
Slide 20: Proforma Financials - SPI Circuit
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Slide 21: Proforma Financials for SPI Circuit
Proforma Financials for SPI Circuit 1,2 Q3 9M Particulars (INR Lacs) FY 19-20 FY 18-19 Growth FY 19-20 FY 18-19 Growth Income from sale of movie tickets 4,991 5,633 -11% 15,065 7,877 91% Sale of food and beverages 3,675 3,844 -4% 11,314 5,599 102% Advertisement Income 1,414 1,133 25% 3,348 1,539 117
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Slide 23: Screens Opened YTD FY19-20
Screens Opened YTD FY19-20 S. No Property City State Screen Q1, FY 20 27 1 Suraj Chanda Tara Amritsar Punjab 6 2 Downtown Mall, Newtown Kolkata West Bengal 3 3 Vegas Mall Gorakhpur Uttar Pradesh 4 4 Uthandi Mall Chennai Tamil Nadu 10 5 Preston Mall Hyderabad Telangana 4 Q2, FY 20 15 6 Gaur City Mall
Slide 24: Property Opening Images (1/2)
Property Opening Images (1/2) 23
Slide 25: Property Opening Images (2/2)
Property Opening Images (2/2) 24
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Slide 27: Content Pipeline: Jan'20 & Feb'20
Content Pipeline: Jan’20 & Feb’20 PANGA STREET DANCER JAWAANI [3D] JAANEMAN CAST Kangana Ranaut, Jassie Gill, CAST CAST Richa Chadha Varun Dhawan, Shraddha Saif Ali Khan, Kapoor, Raghav Juyal Tabu, DIRECTOR Alaya Furniturewala Ashwiny Iyer Tiwari DIRECTOR Remo D'Souza DIRECTOR Nitin Kakkar 24 JAN’20
Slide 28: Content Pipeline: Feb'20
Content Pipeline: Feb’20 SHIKARA LOVE AAJ KAL SUFNA [PUNJABI] CAST CAST CAST Aadil Khan, Kartik Aaryan, Randeep Taniya Paul, Sadia Hooda, Ammy Virk Sara Ali Khan DIRECTOR DIRECTOR Vidhu Vinod Chopra DIRECTOR Jagdeep Sidhu Imtiaz Ali 7 FEB’20 14 FEB’20 14 FEB’20 WORLD FAMOUS BHOOT: PART ONE SHUBH MAN
Slide 29: Content Pipeline: Feb'20 & Mar'20
Content Pipeline: Feb’20 & Mar’20 BLOODSHOT THAPPAD IK SANDHU [4DX] HUNDA SI CAST [PUNJABI] CAST Taapsee Pannu, Eiza González, Manoj Pahwa, CAST Sam Heughan, Sharman Joshi Gippy Grewal, Vin Diesel Neha Sharma, Vikramjeet DIRECTOR Virk DIRECTOR Anubhav Sinha Dave Wilson DIRECTOR Rakesh Mehta 28 FEB’2
Slide 30: Content Pipeline: Mar'20
Content Pipeline: Mar’20 GUNJAN SAXENA: CHHALANG ANGREZI MEDIUM THE KARGIL GIRL CAST CAST Rajkummar Rao, Nushrat CAST Janhvi Kapoor, Bharucha, Mohammed Irrfan Khan, Pankaj Tripathi, Zeeshan Ayyub Radhika Madan, Angad Bedi Poorvi Jain DIRECTOR DIRECTOR Hansal Mehta DIRECTOR Sharan Sharma Homi Adajani
Slide 31: Thank You
THANK YOU For any queries please contact investor relations team: Email ID: investorrelations@pvrcinemas.com Phone : 0124 4708100 / Extn: 8197 30