INOX Leisure — Q1 FY23 Earnings Presentation
29 slides from INOX Leisure's earnings presentation, Aug 3, 2022
Slide 1: Disclosure under Regulation 30 cover letter to exchanges
IN L I VE deM OVI E 3rd August, 2022 To, BSELimited National Stock Exchange of India Limited PJTowers, Exchange Plaza, 5th F1oor, Plot No C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 532706 Symbol: INOXLEISUR Dear Sir / Madam, Sub.: D
Slide 2: Results Update Q1FY23
RESULTS OFFICIAL SPONSOR OF THE INDIAN OLYMPIC TEAM UPDATE Q1FY23 YEARS OF ~ RP FOCUS. UNDEVIATING ENERGY.
Slide 3: Disclaimer
THIS PRESENTATION (PRESENTATION) IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF INOX LEISURE LIMITED (THE “COMPANY”) OR ITS SUBSIDIARY (TOGETHER WITH THE COMPANY, THE “GROUP”). The material that follows is a Presentation of general background information about the
Slide 4: Key Highlights, Financial Highlights, Shareholding Structure
• Key Highlights • Financial Highlights: Q1FY23 • Shareholding Structure • New Property Openings – Q1FY23 • Screen Outlook FY23 • Movie Pipeline • Enhanced Audience Outreach & Engagement • Cash Flow Planning • Annexure 3
Slide 5: Years ago, we started with one multiplex and a dream
YEARS Ge INDIA 20 YEARS AGO, WE STARTED WITH ONE MULTIPLEX & A DREAM OF BRINGING THE BEST CINEMA EXPERIENCE TO INDIA. SINCE THEN, WE HAVE REDEFINED WHAT CINEMATIC EXPERIENCE SHOULD MEAN TO OUR GUESTS, BY OFFERING THEM — THE BEST CINEMA TECHNOLOGY, BRINGING GRANDEUR AND LUXURY TO EVERY CINEMA SCREEN
Slide 6: Key highlights as on 31st July 2022
` ` ` ~` As on 31st July 2022 ` 5
Slide 7: Revenue, EBITDA and PAT Q1 FY23 vs Q1 FY20
REVENUE EBITDA* PAT* Q1 FY23 `589CR `130CR `74CR 19% 41% 80% Q1 FY20 `496CR `92CR `41CR *Excludes Impact of INDAS 116 FY21& FY22 were COVID-19 impacted hence compared with Q1FY20 6
Slide 8: Revenue Break-up Analysis Q1FY23 vs Q1FY20
·~ '-· REYENUE -·~. " t>REAl(l.Jp·· ANAL YSIS ·!>~,j,~_ 'aa•· . ~ . ·· . . r ~.~,!~~ ~ [ 9 I OFFICIAL SPONSOR OF THE INO IAN OLYMPIC TEAM Q1FY23 vs Q1FY20 (₹ Cr) 600 589 42 496 30 500 29 47 164 400 132 Other Revenues 300 ■ Advertisement ■ Net Food & Beverage ■ 200 353 100 287 ■ Net Box Office - Q1FY
Slide 9: Footfalls, Occupancy, ATP and SPH
FOOTFALLS OCCUPANCY% ATP SPH Q1 FY23 184Lakh 29% `229 `96 6% 1% 16% 19% Q1 FY20 173Lakh 30% `198 `81 Footfalls with management properties is 193lakh/183lakh for Q1FY23/Q1FY20 respectively FY21& FY22 were COVID-19 impacted hence compared with Q1FY20 8
Slide 10: Consolidated Profit & Loss
Q1FY23 Q1FY20 Q1FY22 Q4FY22 Consolidated Profit & Loss Ind AS 116 Without % Change Vs Without Without Without [In ₹ Cr] Reported Impact Ind AS 116 Q1FY20 Ind AS 116 Ind AS 116 Ind AS 116 Total Revenue 589 - 589 19% 496 26 325 Exhibition Cost 159 - 159 22% 130 6 92 Food & Beverages Cost 36 - 36 9% 33
Slide 11: Cost analysis: Employee, Power & Fuel, Rent, Overheads
Employee Benefit Expense Power & Fuel, R&M (Incl. Agency Manpower) Power & Fuel, R&M (₹ Cr) Per Screen (₹ lacs) Employee Benefit Expense (₹ Cr) 100 .0 10.0 Per Screen (₹ lacs) 90.0 7.9 7.5 9.0 5% 12.7 80.0 8.0 70.0 7.0 72.0 14.0 70.0 68.0 28% 9.1 12.0 60.0 6.0 50.0 5.0 10.0 66.0 64.0 40.0 4.0 8.0 62
Slide 12: Distributor Share and F&B Contribution
, :DISTRIBUTOR SHARE AND F&B CONTRIBUTION ~ - - . •·: ! ;;. .. "~y} •• f;'•r••• ..",: tFl~.."'.\ii'4' A , • • , ·, . r t_ •• • - ,, . • . . ,.\• • ". \ • • • • t..; • •(·. • " • • 11t.... ,. . ..... ,;.t, ·•~ • ~--- ~~ ....,~ ...,. •"'- ~.~,!~~ ~ ~ I OFFICIALSPONSOROFTHEIN0IANOLYMPICTEAM - Distribut
Slide 13: Shareholding Structure
~ SHAR~l;:!P.hDING StRUCJ.,URE ~.',,~,,'f.''-'~:•'lt.,·._-;:-~-,;_L_. . ~ .... , ~ . . _ ~- · · ~ ·• . . · • . INt:.X I ~ Q9§) LIVE //,, MOVIE OFFICIAL SPONSOR OF THE IN0IAN OLYMPIC TEAM [9 Share Price Performance Market Data As on 29-Jul-22 700 No. of Shares Outstanding (Cr) 12.2 600 Face Value ( ₹
Slide 14: New Property Opening Q1FY23
:.,. ~EW F?.ROPERTY_()PENING Q1FY23 - 17 SCREENS I 3262 SEA~ ; ~:~~=~.L::~:: = AIPL JOY STREET, GURUGRAM SATTVA NECKLACE MALL, HYDERABAD ORCHID MALL, KALABURAGI 6 SCREENS I 940 SEATS 7 SCREENS I 1528 SEATS 4 SCREENS 1794 SEATS 13
Slide 15: Pan India Presence, Screens Zone Wise
·:';"·,:.,..-.n•N ~ A .. INDIA PRES , ..~•~i:'• ~. ;i?~ii~~~:.;.~ ,;_. _.~ · · • -'~'- . ,E.NCE. ~- ~ . .. ·. ·- • . ... IN • .- X I~Ce5e9 LIVE //,, M O VIE OfflCIAlSPONSOR OFTHflNDIAN OLYMPIC TEAM = 18 STATES 1,55,218 19 &1UNION TERRITORY 73 CITIES 163 PROPERTIES 692 SCREENS SEATS! PUNJAB | 3 Prope
Slide 16: Screen Outlook for FY23
~ SCRE~~--Q,~TLOOi< FQR,,EY23 ~.'>,•,,~''-'~:•°lt.-·._-;:-~-,;_L . . . ~ .... , ~ . . _ ~ - - ~ ·• . . · • . INt:.X I ~ Q9§) LIVE //,, MOVIE OFFICIAL SPONSOR OF THE IN0IAN OLYMPIC TEAM [9 FY23 Openings /Upcoming Openings Properties Screens Seats Properties/Cities Opening Date Properties Screens Seat
Slide 17: All India Net Box Office collection
` ` ` ` 16 *Above figures are All INDIA Net Box Office collection from various Industry Sources.
Slide 18: Upcoming Movie Pipeline
~ UJ?.COM!."'!GMOViE PIPEL_INE ~.',,~,,'f.''-'~:•'lt.,·._-;:-~-,;_L.. . ~ .... , ~ . . _ ~- · · ~ •.. · • . INt:.X I~Q9§) LIVE //,, MOVIE OFFICIAL SPONSOR OF THE IN0IAN OLYMPIC TEAM = Bullet Train DC League Of Laal Singh Raksha ft Super Pets Chaddha Bandhan All PETS HAYE SECRETS, THEIRS ARE SUPER Ca
Slide 19: Upcoming Movie Pipeline
~ UJ?.COM!."'!GMOViE PIPEL_INE ~.',,~,,'f.''-'~:•'lt.,·._-;:-~-,;_L.. . ~ .... , ~ . . _ ~- · · ~ •.. · • . INt:.X I~Q9§) LIVE //,, MOVIE OFFICIAL SPONSOR OF THE IN0IAN OLYMPIC TEAM = Yaar Mera Brahmastra Titliyaan Part One : Vendhu Thanindhathu Warga Shiva Kaadu [Punjabi] Cast: Ranbir Cast: Silamba
Slide 20: Upcoming Movie Pipeline
~ UJ?.COM!."'!GMOViE PIPEL_INE ~.',,~,,'f.''-'~:•'lt.,·._-;:-~-,;_L.. . ~ .... , ~ . . _ ~- · · ~ •.. · • . INt:.X I~Q9§) LIVE //,, MOVIE OFFICIAL SPONSOR OF THE IN0IAN OLYMPIC TEAM = Godfather The Ghost [Telugu] Mr And Mrs [Telugu] Mahi Cast: Cast: Nagarjuna Chiranjeevi, Akkineni, Sonal Cast: Rajku
Slide 21: Results Update Q1FY23
---- RESULTS UPDATE Q1FY23 - ---
Slide 22: Aggressive Movie Marketing
AGGRESSIVE MOVIE’MARRETING INGX “ug RESULTS MOVIE PROMOTIONS STAR VISITS MAJOF|
Slide 23: Trending Collections and Best Sellers
TRENDING COLLECTIONS THOR: LOVE AND THUNDER DOCTOR STRANGE IN THE THE BATMAN ALAN WALKER 0 MU L T IVERS E OF MADNESS BEST SELLERS Marvel Comics Mvvel Comics Marvel Comics MMVel Comics C~ Arn lronmiln luw.1.ii • konman Arc RuctOf" - Qi Mini~lisclc Dei!.dpool • CoffN EndgourM! Suit Av@ngen - Sipper Bo
Slide 24: Cash Flow Planning: Debt, Fund, Capex
FUND CAPEX DEBT PLANNING • • ₹ ₹ • • • • ₹ ₹ 23
Slide 25: Annexure
IN€X tuwon RESULTS UIVE MOVIE i UPDATE QIFY23 ead ead a) ad a a Ka La Lal <> Ee ed ed ET bed Ed LED Le Bes) ea) Kea Wed Kea ed a) Ld Le ee P= = P= = | P= Pf ~ = a= eS Se = ——s “a -_ = —_ ox =. —— -_ - = C2 L = ~ — a rd = = =. — = et = 9 = ya 2S. ee ee = . .
Slide 26: Particulars (In ₹ Cr) Q1FY23 vs Q1FY20
Particulars [ In ₹ Cr] Q1FY23 Q1FY20 Var % Q1FY22 Q4FY22 QoQ % FY22 Total Revenue 589 496 19% 26 325 81% 706 Exhibition Cost 159 130 22% 6 92 73% 196 Food & Beverages Cost 36 33 9% 1 20 80% 43 Employee Benefits Expense 27 35 -23% 25 23 17% 95 Property Rent & CAM 35 30 17% 19 25 40% 75 Rent concessio
Slide 27: Properties and screens over time
- screens 160 163 Properties L{) N 0) I'- ~ ~ o:::t" r-- L{) N 00 0) 63 ~ o:::t" 0 o:::t" N N o:::t" r-- 0 M 22 0) l""-1 0) r-- r-- M L{) N M N N 0) .-I l""-1 .-I ~ 0) 00 I I I I L{) I'- L{) L{) N N M 00 - .-I • ■ <t-~'? <t-~ <t-~~ <t-~<o <t-<S' <t-~<o <t-~O) <t-~ Includes 9 management properties wi
Slide 28: Well diversified presence across India
,:··.· WELL DIVERSIFIED PRESENCE ACROSS INDIA ~j-~ !r.L.y,1.,..,•;., ,.,:_ .... , .. ·. J- '•..! .... •., :;.,J.•.,, ••I, .~ :•, •': .- ·-.. .... ~1~1✓,! ~~ I~ ~ V • ~ '-__!ji,Jt,. -- .... .. # ~. • OFFICIALSPONSOR OFTHEIN0 IAN OLYMPIC TEAM ~ .# - '1. • ' •- • ' ..... • • ~,,___ T 163 Properties 73
Slide 29: Balesh Talapady, Investor Relations
BALESH TALAPADY VP = INVESTOR RELATIONS & BUSINESS ANALYSIS BALESH.TALAPADY @INOXMOVIES.COM IN©X RESULTS | TEAM INDIA. eg UPDATE QIFY23 LIVE &@ MOVIE