Slide 1: Prime Focus Limited Q2 FY16 Investor Presentation
Prime Focus Limited Q2 FY16 Investor Presentation February 2016
Slide 2: 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 3: Agenda
Agenda I. Q2FY16 Financial Performance…………………………………..4-13 II. About us……………………..……………………………………..14-17 III. Annexure - Financials……………………………………………….......18-21 - Shareholding pattern………………………………….…….....22 3 Q2 FY16 Earnings Presentation
Slide 4: Positive growth momentum continues across all businesses
Positive growth momentum continues across all businesses As integration enters Phase 2, revenues and profits witness robust growth PFT Revenues up driven by Creative Services robust growth in Creative & CLOUD & Enterprise software led Tech/Tech Enabled Services Movies Delivered- The Hunger Digit
Slide 5: Delivered 5 of the top 10 Hollywood Blockbusters in 2015
Delivered 5 of the top 10 Hollywood Blockbusters in 2015 Worldwide Rank Movie Prime Focus Gross ($mn) 1 Star Wars: The Force Awakens 2,011.8 2 Jurassic World 1,670.4 3 Furious 7 1,516.0 4 Avengers: Age of Ultron 1,405.4 Y 5 Minions 1,159.1 6 Spectre 879.2 Y 7 Inside Out 856.8 8 Mission: Impossible -
Slide 6: Q2FY16: Creative & Tech/Tech Enabled businesses deliver
Q2FY16: Creative & Tech/ Tech Enabled businesses deliver Revenue jumps 47%YoY, EBITDA Margin at 17.7% moves closer to the mid-term target of 20%+ Figures in Rs Million; Consolidated financials Personnel costs as % Net Revenues of revenues EBITDA / Margin 4,685 EBITDA EBITDA Margin Personnel costs As
Slide 7: Q2FY16 Segmental Analysis: All divisions deliver growth
Q2FY16 Segmental Analysis: All divisions deliver growth Strong growth in Creative & Tech/Tech Enabled services Figures in Rs. Million; Consolidated financials Segment-wise revenues 3,381 37% YoY Q2FY15 Q2FY16 2,475 39% YoY 803 579 350 373 Creative Services Tech / Tech Enabled Services India FMS* Seg
Slide 8: Key projects delivered in Q2 include current box office hits
Key projects delivered in Q2 include current box office hits International Bollywood The Hunger Games: Mockingjay: Part 2 TVCs In the Heart of the Sea Paranormal Activity: Ghost Dimension 8 Q2 FY16 Earnings Presentation
Slide 9: Strong pipeline of ongoing projects in Creative Services
Strong pipeline of ongoing projects in Creative Services Batman v Superman Inferno Geostorm Fantastic Beasts Captain America Jason Bourne and Where to Find Civil War Them Alice Through the Star Trek Beyond The Huntsman Looking Glass 9 Q2 FY16 Earnings Presentation
Slide 10: Strong pipeline of ongoing projects in India FMS
Strong pipeline of ongoing projects in India FMS Fan Raees M. S. Dhoni: The Untold Story MohenJo Daro Neerja Jagga Jasoos Rocky The Legend of Akira Handsome Michael Mishra 10 Q2 FY16 Earnings Presentation
Slide 11: PFT expands reach with strong revenue visibility thru annuity contracts
PFT expands reach with strong revenue visibility thru annuity contracts - Key International Customer wins Revenue & EBITDA Margin Revenue by Contract type 1,000 33.3% 32.1% 34% 28.1% 900 26.0% 26.0% 26.6% 25.7% 803 29% Project 713 800 702 702 Based 700 21.4% 24% 579 26% 600 488 468 19% 500 429 14% 4
Slide 12: Debt profile
Debt profile Consolidated debt at $198mn (Rs. 13,077mn) in Dec’15 compared to $172mn (Rs. 11,377mn) in Sept’15 • Cash and Cash Equivalents / Deposits of Rs. 1,000mn at the end of Dec’15 The Debt includes unsecured loan of Rs. 3,920mn and secured cash paying debt is at Rs. 9,157mn Increase is p
Slide 13: Entered Phase 2 of integration; operating performance ahead of plan
Entered Phase 2 of integration; operating performance ahead of plan EBITDA Margin at 15% EBITDA Margin up by 2-4% EBITDA Margin up by 4-5% Phase 1 Phase 2 Phase 3 • Bundled offering of VFX & 3D • Leverage strength of • Partner of choice for M&E services conversion services in movies like World
Slide 14: About us
About us
Slide 15: PFL: World's Largest Integrated Media Services player
PFL: World’s Largest Integrated Media Services player • ‘Creative cum tech’ combination • Increasing presence across all • Acceleration via M&A helps PFL emerge as only major content markets with over catapulting to global dominance player to provide full bouquet of 80% of revenues from outside - su
Slide 16: Fuelling success with marquee clients across the globe
Fuelling success with marquee clients across the globe Creative services Technology services Leading Hollywood and Bollywood studios Leading broadcasters, studios, brands, sports and digital businesses 16 Q2 FY16 Earnings Presentation
Slide 17: 'WorldSourcing' model providing unmatched competitive edge
‘WorldSourcing’ model providing unmatched competitive edge 17 4 continents | 5 time zones | 16 locations | 24/7 – 365 days Q2 FY16 Earnings Presentation
Slide 18: Annexure
Annexure
Slide 19: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement 6M 6M Q2 % YoY % QoQ % YoY Particulars (Rs Million) Q2 FY15 Q1 FY16 ending ending FY 15 FY16 Variance Variance Variance Dec 15 Dec 14 Net sales / income from operations 4,685 3,187 47% 4,486 4% 9,171 6,756 36% 16,076 Total Expenditure 3,933 2,792 41% 3,965 -1% 7,
Slide 20: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement As on Dec 31, Year ended June Particulars (Rs Million) 2015 30, 2015 Shareholder's Equity 10,060 11,118 Total Debt 10,540 8,198 Minority Interest 1,474 1,540 Other Long Term Liabilities 3,448 3,926 Provisions 46 49 Trade Payables 1,987 2,505 Deferred Tax 120 93 O
Slide 21: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement 6M 6M % YoY Q1 % QoQ % YoY Particulars (Rs Million) Q2 FY16 Q2 FY15 ending ending FY 15 Variance FY16 Variance Variance Dec 15 Dec 14 Net sales / income from operations 373 350 6% 388 -4% 761 604 26% 1,236 Total Expenditure 251 216 16% 252 0% 503 359 40% 754 Person
Slide 22: PFL Shareholding Pattern
PFL Shareholding Pattern As on 31st December 2015 Outstanding shares – 299mn Public & Others, 7.9% SCPE, 22.0% Promoters, 35.0% RMW, 35.1% 22 Q2 FY16 Earnings Presentation
Slide 23: About Prime Focus Limited
About Prime Focus Limited Prime Focus Limited (PFL), the world’s largest integrated media services powerhouse employs over 5,500 professionals in 16 cities across 4 continents and 7 time zones. We provide end-to-end creative services (visual effects, stereo 3D conversion, animation), technology prod