Ufo Moviez India Ltd. · NSE:UFO
Ufo Moviez India — Q4 FY2020 Earnings Presentation
23 slides from Ufo Moviez India's earnings presentation, Jun 22, 2020
Slide 1: Q4&FY20 Results Presentation
Q4&FY20 Results Presentation June 22, 2020
Slide 2: 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 3: UFO Moviez at a Glance
UFO Moviez at a Glance 3,792 1,231 High Impact Cities & Towns Ad Screens Across India 1,762 Power to Impact Movies upto 2.1 billion Released Viewers in FY20 Annually Ad Screens comprise of 2,002 PRIME CHANNEL (multiplexes and hollywood release centres) Screens and 1,790 POPULAR CHANNEL (standalone s
Slide 4: Financial & Operating Highlights
Financial & Operating Highlights
Slide 5: Consolidated Financial Highlights
Consolidated Financial Highlights Q4FY20 YoY Comparison (INR Mn) Total Revenue EBITDA & Margin (%) PBT & Margin (%) PAT* & Margin (%) 33.8% 24.7% 17.3% 1,939 25.2% 480 8.6% 1,094 656 335 6.2% 43.6% 58.0% 275 80.4% 79.8% 94 68 Q4FY19 Q4FY20 Q4FY19 Q4FY20 Q4FY19 Q4FY20 Q4FY19 Q4FY20 FY20 YoY Compariso
Slide 6: Consolidated Revenue Mix
Consolidated Revenue Mix Q4FY20 Q4FY19 FY20 FY19 (INR Mn) 302 1,547 626 1,954 28% 805 31% 1,894 2,372 449 33% 32% 42% 1,910 38% 39% 1,093 41% 5,021 6,119 342 479 1,580 1,793 31% 25% 31% 29% Advertisement Revenue Distributor Revenue Exhibitor Revenue (INR Mn) Q4FY20 Q4FY19 % Change FY20 FY19 % Change
Slide 7: In-Cinema Advertising Performance
In-Cinema Advertising Performance
Slide 8: In-Cinema Advertisement Operating Parameter
In-Cinema Advertisement Operating Parameter Full House Seating Number of Screens Prime Screens Popular Screens Capacity - Annualized 3,792 2,002 1,790 ~2.1 Bn Metro and Tier I Other Cities and Towns FY20 Prime Popular Prime Popular # of UFO Screens 785 289 1,217 1,501 Full House Seating Capacity – P
Slide 9: In-Cinema Advertisement Revenue Analysis
In-Cinema Advertisement Revenue Analysis Government + PSU 2,131 INR Mn Corporate + Hyperlocal 47% 1,481 66% 717 34% 53% 301 66% 62% 34% 38% Q4FY19 Q4FY20 FY19 FY20 Q4FY19 Q4FY20 FY19 FY20 Ad Revenue / Screen for the period (Avg) (Rs.) 192,781 80,990 561,102 395,524 Average # of minutes sold / show /
Slide 10: Theatrical Revenues
Theatrical Revenues
Slide 11: Theatrical revenues from Distributors
Theatrical revenues from Distributors E – Cinema - VPF Domestic Revenue (INR Mn) 1,057 1,032 1,010 995 Gross Revenue Net Revenue 262 255 225 224 Q4FY19 Q4FY20 FY19 FY20 D – Cinema - VPF Domestic Revenue (INR Mn) International Revenue (INR Mn) 172 442 340 324 260 67 130 115 65 49 18 10 1 0 21 10 Q4FY
Slide 12: Operating Parameter – VPF Revenue India
Operating Parameter – VPF Revenue India # of Screens* Q4FY20 Q4FY19 FY20 FY19 E – Cinema 3,482 3,543 3,482 3,543 D – Cinema 402 474 402 474 Total 3,884 4,017 3,884 4,017 # of Screens as on March 31, 2020 VPF Revenue / Screen (Average) (in Rs.) Q4FY20 Q4FY19 FY20 FY19 E – Cinema Gross 64,172 73,528 2
Slide 13: Financial Performance
Financial Performance
Slide 14: Consolidated Reported P&L Statement
Consolidated Reported P&L Statement (INR Mn) Q4FY20 Q4FY19 % Change FY20 FY19 % Change Revenue from Operations 1,093 1,910 -42.7% 5,021 6,119 -17.9% Other Income 1 29 -99.3% 18 50 -63.9% Total Revenue 1,094 1,939 -43.6% 5,039 6,169 -18.3% Total Expenses 819 1,283 -36.3% 3,845 4,486 -14.3% EBITDA 275
Slide 15: Consolidated Expenditure Analysis
Consolidated Expenditure Analysis Expenses as a % of Total Revenue Q4FY20 Q4FY19 FY20 FY19 1) Total Operating Direct Cost 38.5% 38.0% 40.9% 41.1% Key Operating Direct Cost Components i) Advertisement revenue share payment 7.6% 9.3% 10.7% 11.2% ii) VPF D-Cinema share payment to D-Cinema Exhibitors 1.
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Assets Equity and Liability 31-Mar-20 31-Mar-19 31-Mar-20 31-Mar-19 (INR Mn) (INR Mn) Equity Non-Current Assets Equity Share Capital 284 284 Property, plant and equipment 1,799 2,046 Other Equity Capital work-in-progress 198 87 Reserves and surplus 3,528 4,593 Right-of-use
Slide 17: Annexure
Annexure
Slide 18: Advertisement Performance
Advertisement Performance Advertisement Revenues (INR Mn) 2,372 2,136 1,790 1,578 1,547 1,167 FY15 FY16 FY17 FY18 FY19 FY20 18
Slide 19: In-Cinema Advertisement Performance
In-Cinema Advertisement Performance INR Mn Government + PSU Corporate + Hyperlocal 2,047 2,131 1,770 1,538 1,481 43% 47% 1,164 44% 47% 46% 66% 56% 57% 53% 54% 53% 34% FY15 FY16 FY17 FY18 FY19 FY20 # of Screens with Ad Rights 3,784 3,713 3,745 3,897 3,697 3,792 Annual Ad Revenue / Screen (Avg) 316,34
Slide 20: Shareholder Value Creation Philosophy
Shareholder Value Creation Philosophy RoCE (%) 17.63% 19.24% 17.01% 16.74% 14.34% 10.73% Low Capital Intensity Initial high capital intensity over; generating higher revenues with lower FY15 FY16 FY17* FY18* FY19* FY20* incremental Capex. Capex Digital Cinema New Initiatives (%) Improving Capital Ef
Slide 21: Key Financial Parameters
Key Financial Parameters RoE (%) Net Fixed Asset Turnover (x) 14.93% 13.09% 13.39% 13.64% 2.98 2.78 11.49% 2.30 2.50 10.17% 1.96 1.56 FY15 FY16 FY17* FY18* FY19* FY20* FY15 FY16 FY17* FY18* FY19* FY20* Net Debt** (INR Mn) Net Cash Flow from Operating Activities (INR Mn) 1,588 507 1,138 1,248 1,203 2
Slide 22: Shareholding
Shareholding Marquee Institutional Investors* (% of Total # of shares) March 31, 2020 Promoters 30.53% Reliance Nippon Life Asset Management Foreign Venture Capital Investors 18.52% DSP Blackrock Foreign Portfolio Investors 2.30% SBI Mutual Fund Mutual Funds 11.87% Corporate Bodies 5.17% Equinox Par
Slide 23: 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 3,792 screens comprising of 2,002 screens in the