Slide 1: Phantom Digital Effects Limited Investor Presentation February 2023
PHANTOM INVESTOR PRESENTATION DIGITAL EFFECTS LIMITED FEBRUARY 2023 BRINGING IMAGINATION ALIVE, ON SCREEN
Slide 2: Safe Harbour
SAFE HARBOUR Certain statements in this document may be forward looking statements. Such forward-look- ing statements are subject to certain risks and uncertainties like government actions, local politi- cal or economic developments, technological risks, and many other factors that could cause our a
Slide 3: Understanding Visual Effects
UNDERSTANDING VISUAL EFFECTS • Visual effects (VFX), are added special effects to a GLOBAL VISUAL movie or video that are not possible to achieve during EFFECTS (VFX) MARKET a live-action shot. SEGMENTATION ANALYSIS • They are typically utilized to develop realistic-looking The Global Visual Effects
Slide 4: Insights on Phantom-FX
INSIGHTS ON PHANTOM-FX Incorporated One of the End-to-end 20+ High-quality Our 2 state-of-art in the year few Certified vfx services Cumulative industry footprints VFX Studios 2016 Trusted Industry standard expand over Partner Experience content geographies Network led by a (TPN) team of industry le
Slide 5: Geographical Presence
GEOGRAPHICAL PRESENCE Chennai | Mumbai |Hyderabad | Los Angeles | Vancouver | Montreal Headquartered in Chennai, PDEL currently operates through two office cum studio space in India and 3 from outside India. PDEL has recently acquired a new studio cum office space in Mumbai, Hyderabad and Chennai wi
Slide 6: Milestones So Far
MILESTONES SO FAR We start working on ‘IndruNetruNalai’ – prestigious released in theaters in international India and is a projects (‘The breakthrough for the A small studio Adventures team. International Phantom Digital apartment of Roborex’, projects like ‘The Effects Ltd. is was rented, hiring an
Slide 7: Organizational Structure
ORGANIZATIONAL STRUCTURE INVESTOR PRESENTATION FEBRUARY 2023 07
Slide 8: Classification of Our Services
CLASSIFICATION OF OUR SERVICES Pre-Production Post-Production R&D V Compositing Feasibility tests Matte painting F Previs / Storyboard Rigging Concept Art X Texturing INVESTOR PRESENTATION FEBRUARY 2023 08
Slide 9: From the Founder's Desk
FROM THE FOUNDER’S DESK “It’s my pleasure to introduce all of you to Phantom Digital Effects Limited a creativity-driven VFX company. We started our vfx journey by renting a small studio apartment with roughly a team size of 10-15 employees gradually moving up to 50. I am happy to be a part of Phant
Slide 10: Capabilities and Goals
CAPABILITIES AND GOALS GOAL • To emerge as the best vfx company producing CAPABILITIES high-quality industry standard content to both International • A TPN certified and Domestic market. studio offering a wide range of reliable, cost effective and high quality VFX services • Geographical presence ac
Slide 11: Eminent Board of Directors
EMINENT BOARD OF DIRECTORS BEJOY ARPUTHARAJ BINU JOSHUA SAM SYNTIA MOSES RAVINDRAN M FOUNDER/MD/CEO: DIRECTOR – COO DIRECTOR DIRECTOR - VFX HEAD A veteran of the Binu drives PhantomFX’s Syntia particularly focuses on With over 15 years of computer-generated expansion plans through his PhantomFX’s fi
Slide 12: Core Team
CORE TEAM RAJINIKANTH E S – CHIEF FINANCIAL OFFICER RAVIKUMAR - CHIEF STRATEGY OFFICER An MBA finance professional with over 22+ years of experience A seasoned professional with over three decades of experience in in accounting, risk management, statutory compliance and planning Sales, Sales Managem
Slide 13: Making It Pixel-Perfect
MAKING IT PIXEL-PERFECT Compositing Delete the This service Make sure the Recreate the Bring complex Starting with Concept Art Go beyond Seize complete enables to add unwanted or aids to control elements of magic of characters to the concept teams visualize Storyboarding control over visual elements
Slide 14: Asset & Shot Production Process: Development
MAKING IT PIXEL-PERFECT ASSET & SHOT PRODUCTION PROCESS 3D CONCEPT MODEL RIG & BLEND SHAPES TEXTURE LOOKDEV DEVELOPMENT The Main task of a Visual This is the very initial stage of This is the stage where we Stage where we This stage heightens development starts by the 3d Process. This is the build a
Slide 15: Asset & Shot Production Process
MAKING IT PIXEL-PERFECT ASSET & SHOT PRODUCTION PROCESS 3D CONCEPT MODEL RIG & BLEND SHAPES TEXTURE LOOKDEV DEVELOPMENT STAGE 1 ASSET 3D BLOCKING ANIMATION FINAL ANIMATION LIGHTING PRE COMP 3D SHOTWISE PRODUCTION STAGE 2 2D SLAP COMP FINAL COMP 2D SHOTWISE PRODUCTION STAGE 3 INVESTOR PRESENTATION FE
Slide 16: Business Model
BUSINESS MODEL PRODUCTION WORK FLOW | REVENUE MODEL Selection of Project 20-30% Advance Project Work an Apt project Feasibility Allocation Study Payment Received Project Previz;final Review Paymnet Delivery Upon By Bringing The Completion Of Recieved As Per Collection Of Entire Cast And Project Work
Slide 17: Strategic Overview
STRATEGIC OVERVIEW INCREASED DEMAND EXPANDING INCREASING FOR DIGITAL OPERATIONAL SCALABILITY CONTENT. CAPABILITIES Visual effects Plan to expand We plan on (VFX) are a operations by foraying into the crucial part of expanding vfx animation and today’s media studios in gaming space. and Mumbai & ente
Slide 18: Strategies Going Forward
STRATEGIES GOING FORWARD EMPLOYEE ANIMATION PHANTOM COUNT AND GAMING TECHNOLOGIES Adding Artists to cater Including Animation & Gaming to expand Constant Upgradation of new projects horizon of services offered technologies & equipment used INFRASTRUCTURE INDUSTRY Opening new office cum studio space
Slide 19: Projects Executed
PROJECTS EXECUTED required from management INVESTOR PRESENTATION FEBRUARY 2023 19
Slide 20: Contd..
CONTD.......... INVESTOR PRESENTATION FEBRUARY 2023 20
Slide 21: Milestones Achieved
MILESTONES ACHIEVED YEAR RANGE TOP 3 PROJECTS TOTAL NUMBER OF PROJECTS EXECUTED Avengers -Assemble (2012), 2010-2015 Oz the Great and Powerful (2013) 207+ The Legend of Hercules (2014) Ghostbusters (2016), 2016-2020 Bahubali 2 (2017), 229+ Nippon paint commercials (2014 to 2022) 125+ RRR (2021), Fla
Slide 22: Industry Overview
INDUSTRY OVERVIEW • The Vfx industry growth is driven by rising content demand by consumers in India. By 2023, the demand for original content is expected to reach > 3, 000 hours a year, up from 1, 187 hours in 2020. • By 2025, ~600 -650 million Indians, will consume short -form videos, with active
Slide 23: Phantom's Edge
PHANTOM’S EDGE IN LEAGUES OF LARGE AND INDUSTRY GIANTS STRONG GLOBAL TPN RELIABILITY EFFICIENT LIKE PIXAR, ANIMAL FOOTPRINTS/ CERTIFIED & CONSISTANCY TEAMS LOGIC AND REACH WALT DISNEY INVESTOR PRESENTATION FEBRUARY 2023 23
Slide 24: Awards and TPN Certification
AWARDS AND TPN CERTIFICATION INVESTOR PRESENTATION FEBRUARY 2023 24
Slide 25: Financial Overview
FINANCIAL OVERVIEW
Slide 26: Financial Ratios
FINANCIAL RATIOS 164.03 389.63 REVENUE FROM OPERATIONS EBITDA EBITDA MARGIN (%) 160 80 350 140 70 260.43 106.88 300 120 60 223.32 42.10% 41.04% 250 100 50 74.57 33.39% 200 80 40 129.44 150 60 30 67.64 100 40 20 9.97% 12.91 4.73% 3.20 50 20 10 0 0 0 2020 2021 2022 H1 FY23 9M FY23 2020 2021 2022 H1 FY
Slide 27: Revenue Mix
REVENUE MIX HIGH CONTRIBUTION FROM COMMERCIAL FILMS HIGH CONTRIBUTION TOWARDS OTT & FILMS HUGE INTERNATIONAL PRESENCE 6% 20% 25.77% H1 FY23 H1 FY23 44% 9M FY23 Platform Geographic Mix Revenue Mix Service Split 80% 50% 74.23% Commercials & Films OTT Platforms Films OTT Commercials Domestic Internaton
Slide 28: Financial Performance Highlights
FINANCIAL PERFORMANCE HIGHLIGHTS Consolidated Financial Statement Highlights Particulars (Rs. Mn) Q3 FY23 H1 FY23 9M FY23 Revenue from Operations 129.16 260.46 389.63 Financial Performance Note- H1 FY23 Other Income 2.36 4.24 6.59 • Revenue from operations stood at Rs. 129.16 Mn in Q3 FY23 and Rs. 3
Slide 29: Financial Performance Highlights
FINANCIAL PERFORMANCE HIGHLIGHTS Particulars (Rs. Mn) As on 31.12.22 As on 30.9.22 Particulars (Rs. Mn) As on 31.12.22 As on 30.9.22 • PDEL’s Property, Plant & Equipment grew by 87.51% from Rs. 27.55 Mn in H1 FY23 to Rs. Assets Equity & Liabilities 51.66 Mn in 9M FY23 led by acquisition of new Non-C
Slide 30: Financial Performance Over the Years
FINANCIAL PERFORMANCE OVER THE YEARS CONSOLIDATED P&L Particulars (INR MN) FY22 FY21 FY20 Revenue from Operations 223.32 67.64 129.44 Other Income 0.33 3.90 3.22 Total Revenue 223.65 71.54 132.66 Total Expenses excluding Depreciation, Amortization & Finance Cost 148.75 64.44 116.53 EBITDA 74.57 3.20
Slide 31: Balance Sheet and Cash Flow
BALANCE SHEET AND CASH FLOW Particulars (INR MN) As on 31.03.2022 As on 31.03.2021 As on 31.03.2020 Particulars (INR MN) As on 31.03.2022 As on 31.03.2021 As on 31.03.2020 Assets Equity and Liabilities Non-Current Assets Shareholders Fund Fixed Assets & others 7.35 7.23 10.65 Equity Share Capital 0.
Slide 32: Management Outlook
MANAGEMENT OUTLOOK The management The EBITDA margins PDEL has The management The Management expects the top line to remain in the c o m m e n c e d plans to foray into plans to take its' in FY23 to corridor of operations in its animation and total Employee conservatively 38%-40% due to new Mumbai of
Slide 33: Capital Market Indicators
CAPITAL MARKET INDICATORS Market Indicators Face Value 10 Share Price (13-02-2023) ₹203.60 63.92% Market Cap (₹ MN) ₹2,369.90 52 Weeks High/Low ₹315.00/₹189.00 CATEGORY OF CATEGORY OF SHAREHOLDER NO OF SHARES HELD PERCENTAGE (%) SHAREHOLDER Promoter & Promoter Group 74,40,600 63.92% Public 41,99,400
Slide 34: Thank You
For further information on the Company, please visit: www.phantom-fx.com Thank YouFor further information contact: Pallavi Tongia (CS) Phantom Digital Effects Limited Contact: 044 43846228 Email: cs@phantom-fx.com Krunal Shah / Naman Maheshwari Captive IR Strategic Advisors Pvt. Ltd Contact: +91 937