Slide 1: Cover letter to stock exchanges on results presentation
FR'MEFQCPSD February 18, 2019 To, To, The National Stock Exchange of India Limited BSE Limited Listing Department Listing Department Exchange Plaza, Phiroze Jeejebhoy Towers, Bandra-Kurla Complex Dalal Street, Bandra East, Mumbai — 400 051 Mumbai - 400 001 Fax Nos.: 26598237 / 26598238 Fax Nos.:2272
Slide 2: Investor Presentation February 2019
Investor Presentation February 2019
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: Contents
Contents 1 Q3 & 9M FY19 Performance … 04-08 2 Divisional Analysis … 09-14 3 Annexures … 15-18
Slide 5: FY19 Performance
FY19 Performance
Slide 6: Continue to deliver steady growth on the back of encouraging macro tailwinds in Creative Services business
Continue to deliver steady growth on the back of encouraging macro tailwinds in Creative Services business Q3FY19 DNEG project - First Man has been Consolidated nominated in the ’Visual Income1 Effects’ category at 91st Oscars 12.7% Rs. 678 Cr YoY DNEG won awards for both First Man and TV Series Alt
Slide 7: Q3FY19 – Steady growth driven by Creative Services business
Q3FY19 – Steady growth driven by Creative Services business Revenues 1 Adjusted EBITDA1 PAT2 678 32.6% 12.7% YoY YoY 158 602 160 24,0% 60 10,0% 140 119 23,0% 50 8,0% 120 23,3% 22,0% 21,0% 40 30 26 6,0% 100 80 20,0% 19,0% 20 10 -7 3,9% 4,0% 60 18,0% - 2,0% 40 19,8% 17,0% -10 20 16,0% -20 Q3FY18 Q3FY1
Slide 8: 9MFY19 – continue to deliver growth led by Creative Services
9MFY19 – continue to deliver growth led by Creative Services Revenue Adjusted EBITDA1 Revenue contribution 1.934 8.1% 20,5% India, YoY FMS; 7% 17.4% 400 20,0% YoY 355 350 328 19,5% Tech/Tec 19,0% h Enabled 300 19,9% 18,5% Services; 1.647 250 11% 18,0% 200 18,3% 17,5% 150 17,0% Creative 9MFY18 9MFY19
Slide 9: Debt profile
Debt profile Consolidated Net Debt of Rs.2,040cr as on 31st December 2018 Successfully redeemed SCPE NCDs in full during the quarter Right sizing the Balance Sheet; continued efforts towards reduction in Interest cost with more overseas loans to match business cash flows – Dollar overseas debt
Slide 10: Divisional Analysis
Divisional Analysis
Slide 11: Creative Services: Macro tailwinds continue to help propel steady growth
Creative Services: Macro tailwinds continue to help propel steady growth Revenues1 Revenue up 27.3% YoY 1.623 Strong execution of VFX projects and continued broad basing in revenues with higher 1.274 share coming from OTT / TV 27.3% YoY Revenues from new geographies continue to bolster growth
Slide 12: Working on top Hollywood projects
Working on top Hollywood projects Top releases for Q3FY19 Upcoming movies for FY19 14 Feb 2019 $850+ $650+ $800+ mn mn mn Alita: Batlle Angel Venom Fantastic Beasts: The Bohemian Rhapsody Crimes of Grindelwald 22 Mar 2019 $100+ $30+ $38+ mn mn mn Holmes & Watson Greyhound First Man Bad Times at El R
Slide 13: Tech/Tech Enabled Services
Tech/Tech Enabled Services 50 0 45 0 Revenues Key highlights: 40 0 35 0 Positive traction on few smaller tenure RFPs; continue to focus on longer 30 0 257 tenure Tech led engagements especially in the West 25 0 224 20 0 Continue to invest in business development and sales efforts globally ahead
Slide 14: India FMS Revenue stable and margins maintained at reasonable levels
India FMS Revenue stable and margins maintained at reasonable levels Revenue 146 Highlights: 133 Stable revenues with stable EBITDA margins Worked on the recently released Mannikarnika and other top blockbusters like 2.0, Andhadhun, Thugs of Hindostan etc Higher OTT spends helping augment dema
Slide 15: Indian Film and Media Services continues to remain strong
Indian Film and Media Services continues to remain strong Top Releases for the quarter Upcoming Releases for the quarter Recent TV Commercials Oreo Whatsapp Star TV Hyundai Keventers Agro 14 Investor Update Q3 FY19 14
Slide 16: Annexure
Annexure
Slide 17: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement % YoY % QoQ % YoY Particulars (Rs Crores) Q3FY19 Q3FY18 Q2FY18 9mFY19 9mFY18 Variance Variance Variance Net sales / income from operations 677 598 13% 611 11% 1,912 1,676 14% Other Income 2 12 -87% 7 -77% 22 27 -16% Total Income 678 610 11% 618 10% 1,934 1,703 14
Slide 18: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement % YoY % QoQ % YoY Particulars (Rs Crores) Q3FY19 Q3FY18 Q2FY19 9mFY19 9mFY18 Variance Variance Variance Net sales / income from operations 23 33 -30% 36 -36% 94 109 -14% Other income 23 12 81% 3 562% 34 24 39% Total Income 46 45 0% 40 14% 127 133 -4% Total Expendit
Slide 19: PFL Shareholding Pattern
PFL Shareholding Pattern As on 31st December - 2018 Outstanding shares – 299 mn Others Public; 7,95% SCPE; 22,00% Promoters; 34,97% RMW Financial Services ; 35,08% 18 Investor Update Q3 FY19 18
Slide 20: Contact us
Contact us Alok Gupta Nitesh Kumar/ Seema Shukla Prime Focus Limited Four-S Services Pvt Ltd Phone: +91 8291070073 Phone: +91 98915 70250/+91 124 4251442 Email: alok.gupta@primefocus.com Email: nitesh.kumar@four-s.com seema@four-s.com www.primefocus.com © 2016 Prime Focus Limited. All Rights Reserv
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 9,000 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),