Prime Focus Limited · NSE:PFOCUS
Prime Focus — Q1 FY16 Earnings Presentation
21 slides from Prime Focus's earnings presentation, November 2015
Slide 1: Q1 & FY16 Investor Presentation
Prime Focus Limited Q1 & FY16 Investor Presentation November 2015
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. Q1FY16 Performance ...…………………………………………..4-12 II. About us……………………..……………………………………..13-16 III. Annexure - Financials……………………………………………….......17-19 - Shareholding pattern………………………………….…….....20 3 Q1 FY16 Earnings Presentation
Slide 4: Strong Performance on Financial as well as Operational fronts
Strong Performance on Financial as well as Operational fronts Delivering profitable growth, with all businesses on accelerated growth path Revenue Creative Services: World’s largest integrated services powerhouse Delivered movies like The Martian, Spectre, Bridge of Spies, Paranormal Activity: The
Slide 5: 26% revenue growth in a seasonally slow summer quarter
26% revenue growth in a seasonally slow summer quarter Robust growth across all segments along with integration efforts facilitates significant margin expansion Figures in Rs Million; Consolidated financials Personnel costs as % Net Revenues of revenues EBITDA / Margin EBITDA EBITDA Margin 800 737 1
Slide 6: Segmental Analysis: All business on an accelerated growth path
Q4FY16 Segmental Analysis: All business on an accelerated growth path Segment-wise revenues Figures in Rs Million; Consolidated financials Segment-wise EBITDA Segment-wise EBITDA Margins Note: 6 *Q1FY16 includes RMW FMS financials, hence YoY financials are not comparable Reported EBITDA and Reve
Slide 7: Prime Focus delivers key projects including current box office hits
Prime Focus delivers key projects in Q4 including current box office hits International Bollywood Spectre The Martian TVCs Bridge of Spies Paranormal Activity: Chronicles of the The Ghost Dimension Ghostly Tribe 7 Q1 FY16 Earnings Presentation
Slide 8: Strong pipeline of ongoing projects in PFW
Strong pipeline of ongoing projects in PFW Batman v Superman Inferno Geostorm The Hunger Alice Through the Games: The Huntsman Looking Glass Mockingjay-Part 2 In the Heart of The Brothers the sea Grimsby 8 Q1 FY16 Earnings Presentation
Slide 9: Strong pipeline of ongoing projects in PFL
Strong pipeline of ongoing projects in PFL Rocky M. S. Dhoni: The Dilwale Handsome Untold Story Prem Ratan Dhan Raees Jagga Jasoos Payo MohenJo Daro Tamasha Bajirao Mastani 9 Q1 FY16 Earnings Presentation
Slide 10: PFT continues to grow at non-linear growth rate
PFT continues to grow at non-linear growth rate Revenue & EBITDA Margin Revenue by Contract type Revenue up 50% YoY Revenue by Geography EBITDA margin continue to be in range of 26-28% in-spite of sales & marketing and business development spends Won two Platinum Awards as part of the 2015 Mar
Slide 11: Debt profile
Debt profile Consolidated debt increased to $172mn (Rs.11,377mn) in Sep-15 from $163mn (Rs.10,370mn) in Jun-15 • Cash and Cash Equivalents / Deposits at Rs. 900mn at the end of Sep-15 Increase in Debt is on account of New Term Loan at DNeg and increase in DNeg O/D facility Debt Composition Geogr
Slide 12: Nearing Phase completion; operating performance ahead of plan
Nearing Phase 1 completion; 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 WorldSour
Slide 13: About us
About us
Slide 14: PFL: World's Largest Integrated Media Services player
PFL: World’s Largest Integrated Media Services player Unique DNA Present in top M&E Higher growth ahead Markets ‘Creative cum tech’ Increasing presence Acceleration via M&A combination helps PFL across all major content catapulting to global emerge as only player to markets with over 80% of dominanc
Slide 15: Fuelling success with marquee clients across the globe
Fuelling success with marquee clients across the globe Creative services Tech & Tech enabled services Leading Hollywood and Bollywood studios Leading broadcasters, studios, brands, sports and digital businesses 15 Q1 FY16 Earnings Presentation
Slide 16: 'WorldSourcing' model providing unmatched competitive edge
‘WorldSourcing’ model providing unmatched competitive edge 16 4 continents | 5 time zones | 16 locations | 24/7 – 365 days Q1 FY16 Earnings Presentation
Slide 17: Annexure
Annexure
Slide 18: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (Rs Million) Q1 FY16 Q1 FY15 % YoY Q4 FY15 % QoQ FY 15 Net sales / income from operations 4,486 3,570 26% 5,182 -13% 16,076 Total Expenditure 3,965 3,458 15% 3,956 0% 13,291 Personnel Cost (including technician fees) 2,923 2,459 19% 2,723 7% 9,541 Other
Slide 19: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs Million) Q1 FY16 Q1 FY15 % YoY Q4 FY15 % QoQ FY 15 Net sales / income from operations 388 253 53% 355 9% 1,236 Total Expenditure 252 143 76% 200 26% 754 Personnel Cost (including technician fees) 114 86 32% 115 -1% 384 Other Expenditure 138 56 144
Slide 20: PFL Shareholding Pattern
PFL Shareholding Pattern As on 30th June 2015 As on 30th Sept 2015 Outstanding shares – 299mn Outstanding shares – 299mn 20 Q1 FY16 Earnings Presentation
Slide 21: 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