Slide 1: Regulation 30 intimation to NSE
May 08, 2024 Ref: NSE/21/2024-25 To, The Manager, National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Symbol: BASILIC ISIN: INE0OCC01013 Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regul
Slide 2: Basilic Fly Studio Limited H2 FY24 Investor Presentation
Basilic Fly Studio Limited H2 FY24 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Basilic Fly Studio Limited (BFS, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shal
Slide 4: H2 FY24 Financial & Operational Highlights
H2 FY24 Financial & Operational Highlights
Slide 5: Consolidated Half Yearly Profit & Loss Statement
Consolidated Half Yearly Profit & Loss Statement (In ₹ Cr) Particulars H2 FY24 FY24 FY23 YoY Net Sales 51.06 102.67 78.67 Other Income 2.80 3.12 0.43 Total Income 53.86 105.79 79.09 33.75% Total Expenditure 25.72 53.61 40.25 EBIDTA 28.13 52.18 38.84 34.35% Interest 0.26 0.52 0.78 Depreciation 0.54 1
Slide 6: Standalone Half Yearly Profit & Loss Statement
Standalone Half Yearly Profit & Loss Statement (In ₹ Cr) Particulars H2 FY24 FY24 FY23 YoY Net Sales 50.73 100.30 70.23 Other Income 2.56 2.88 0.28 Total Income 53.29 103.19 70.51 46.34% Total Expenditure 25.67 51.50 33.77 EBIDTA 27.62 51.68 36.74 40.69% Interest 0.25 0.49 0.75 Depreciation 0.51 1.0
Slide 7: Management's Comment On H2 & FY24 Performance
Management’s Comment On H2 & FY24 Performance “I am thrilled to share that Basilic Fly Studio Limited has soared to new heights, achieving remarkable growth across key financial metrics. Surpassing the ₹100 Cr mark in total revenue is not just a milestone; it's a testament to the unwavering dedicati
Slide 8: Future-Proofing Success: Learning & Development Initiatives
Future-Proofing Success: BFS’s Strategic Learning & Development Initiatives BFS Sets Industry Standard with Cutting-Edge Learning & Development Program, Empowering Talent for Future Success in VFX. Investing in Soft Skills for a Collaborative Oasis • Professionalism, etiquette, positive thinking, co
Slide 9: Diversifying Ventures: Exciting Projects on the Horizon
Diversifying Ventures: Exciting Projects on the Horizon BFS is expanding its project portfolio with new ventures originating from emerging markets such as Italy, Spain, and France, as well as experiencing a surge in projects from established markets of North America Highlights Of Few Upcoming Projec
Slide 10: Company Overview
Company Overview
Slide 11: Introducing Basilic Fly Studio: An Overview of Our Company
Introducing Basilic Fly Studio: An Overview of Our Company Pushing the boundaries of creativity and technology to deliver exceptional visual experiences. Established in 2016, Basilic Fly Studio (BFS), is a leading visual effects (VFX) studio headquartered in Chennai, India with subsidiaries operatin
Slide 12: Track Record of Delivering Excellence Across Industries: Key Facts
Track Record of Delivering Excellence Across Industries: Key Facts 10,000 + 300 + Worked For Movies Worked For Series 8,000 + Projects Completed Clients 900 + 2,000 + Commercials Completed FY24 3 Year CAGR FY22-FY24 Around 500 FY24 Revenue ₹ 106 Cr Team Members Revenue 102% ROE 29.67% EBITDA ₹ 52 Cr
Slide 13: Vision & Mission
Revolutionizing VFX: Basilic Fly Studio's Vision & Mission Vision Mission To blaze new trails in the world of visual effects, driving the To be the vanguard of the VFX world, pioneering the art and industry forward with our pioneering spirit, artistic vision, and science of visual effects with unmat
Slide 14: From Startup to Success: Basilic Fly Studio's Journey
From Startup to Success: Basilic Fly Studio's Journey BFS took on complex projects regardless of the BFS has reached a turnover milestone challenges they bring, stepping out of their comfort of ₹ 100 crore, symbolizing journey of zone and evolving as a unit. During the pandemic, the growth, resilien
Slide 15: Space Built For Innovation & Excellence
Space Built For Innovation & Excellence Chennai Office Pune Office BFS understands that the right work environment is crucial for delivering exceptional VFX solutions. Our workspaces are thoughtfully designed with employee comforts in mind, providing a conducive setting where talent flourishes, and
Slide 16: Recognition of Our Work - Client Testimonials
Recognition of Our Work - Client Testimonials Matt Gore Ajoy Mani Robin Griffin VFX Producer Superman & Lois VFX Producing Supervisor VFX Producer, Benhur(MGM) I've worked with Basilic Fly on Basilic Fly is a trusted partner and the only VFX numerous projects over the years, and vendor I consistentl
Slide 17: View Of Recognised Work
View Of Recognised Work Investor Presentation 16
Slide 18: Recognized For Excellence: Our Awards & Certificates
Recognized For Excellence: Our Awards & Certificates Outlook Business Spotlight’s – Business Changemakers of Best VFX TV Series Best VFX Shot in TV Series Best VFX Shot in Feature Excellence modern India - (International) (International) Film (International) - Awards 2023 interview - Warrior Nun 2 -
Slide 19: Successfully Completed Record Breaking IPO Journey
Successfully Completed Record Breaking IPO Journey Investor Presentation 18
Slide 20: Business Overview
Business Overview
Slide 21: BFS Services: Transforming Stories with Visual Effects
BFS Services: Transforming Stories with Visual Effects Rotoscopy Previs or Previsualization This is a crucial method in visual effects. It Previsualization, or previs, is the process of entails frame-by-frame tracing and element visualizing scenes or sequences in a film before isolation in live-acti
Slide 22: BFS's Portfolio Of Popular Films
BFS's Portfolio Of Popular Films Completed 900 + Movies Projects Investor Presentation 21
Slide 23: BFS's Portfolio Of Popular Series
BFS's Portfolio Of Popular Series Completed 2,000+ Series Projects Investor Presentation 22
Slide 24: BFS's Portfolio Of Popular Commercials
BFS's Portfolio Of Popular Commercials Completed 8,000+ Commercials Investor Presentation 23
Slide 25: Key VFX Techniques & Technologies Used By BFS
Key VFX Techniques & Technologies Used By BFS Autodesk Maya is a popular 3D application used for creating realistic animations and impressive visual effects. It has been utilized in notable films like Harry Potter and Transformers, as well as games like FIFA 09 and Prince of Persia. Maya provides co
Slide 26: Key VFX Techniques & Technologies Used By BFS
Key VFX Techniques & Technologies Used By BFS Blender is an open-source 3D creation suite with tools for modeling, rigging, animation, rendering, compositing, and more. It's open-source and supports Python scripting for customization. Blender is ideal for individuals and small studios with a collabo
Slide 27: Key VFX Techniques & Technologies Used By BFS
Key VFX Techniques & Technologies Used By BFS ShotGrid is a production management and review toolset designed for VFX, animation, and games teams. It streamlines creative production tracking, empowering studios of all sizes to concentrate on their core work. As a secure and robust data management pl
Slide 28: BFS Studio's Expansion Plan & Growth Strategy
BFS Studio's Expansion Plan & Growth Strategy o Surge in visual effects demand in films, series, animation, and video o Existing operational presence in Chennai, Pune, Vancouver, and Industry games. London. Operational Overview o Streaming companies driving demand for VFX and animation. o Plans to o
Slide 29: Management Overview
Management Overview Investor Presentation
Slide 30: Our Dynamic Leadership: Driving Force Behind Our Success
Our Dynamic Leadership: Driving Force Behind Our Success Mr. Balakrishnan Mrs. Yogalakshmi Managing Director & CEO President - Business Strategy, Whole Time Director o He works with the board to define goals, assess industry trends, manage o She is a skilled business manager with expertise in evalua
Slide 31: Key Managerial Personnel: Leading With Expertise
Key Managerial Personnel: Leading With Expertise Mr. Prabhakar Duraiswami Mr. M.Ramesh Mr. Zameer Hussain Mr. Nikhil Midha Head of Studio and Chief Financial Officer COO and Global EVP Company Secretary Whole Time Director (Head of Legal and Secretarial Department) o He is an experienced project o H
Slide 32: Core Team: Driving Innovation & Collaboration
Core Team: Driving Innovation & Collaboration Jennifer Hargreaves Dan Levitan EP/GM Business Mohammed Altaf Rohit Karanjavkar Executive Visual Development North Christina Graham Head of Head of Roto Training Effects Supervisor America MD-UK and Europe Compositing and Development Dan Levitan, an este
Slide 33: Board of Directors: Guiding Our Path to Success
Board of Directors: Guiding Our Path to Success Mr. Balakrishnan Mrs. Yogalakshmi Mr. Prabhakar Duraiswami Managing Director & CEO President - Business Strategy, Head of Studio and Whole Time Whole Time Director Director Mrs. Thiripurasundari.R Mr. Jitendra Kumar Pal Mr. Vengarai Seshadri Sowrirajan
Slide 34: Industry Overview
Industry Overview
Slide 35: Global VFX Industry Dynamics and Opportunities
Global VFX Industry Dynamics and Opportunities o The global VFX industry is experiencing significant expansion, with a market size reaching US$ 10.0 Billion in 2023 and expected to reach US$ 18 Billion by 2032, exhibiting a growth rate (CAGR) of 6.7% during 2024-2032. o Technological innovations in
Slide 36: Factors Driving Growth In The Global VFX Industry
Factors Driving Growth In The Global VFX Industry o The market is driven by an increasing demand for immersive and visually captivating experiences across various forms of media, including films, TV shows, advertisements, and digital platforms. o Major manufacturers are investing in R&D activities t
Slide 37: Industry Growth Drivers
Industry Growth Drivers The segment is expected to grow at a CAGR of 17.5% by 2026 to reach INR185 billion VFX in India experienced a 10% growth, reaching INR 54 Billion. • The WGA and SAG-AFTRA strike prompted Indian studios to seek local partnerships and explore new global markets amid production
Slide 38: Industry Growth Drivers
Industry Growth Drivers Despite a global slowdown in demand, the Indian VFX segment The segment grew 6% in 2023 to reach INR114 billion grew by 10%. • Disruptions caused by industry strikes in the US led to delays in numerous film 14 19 23 10 and TV show productions worldwide. This affected outsourc
Slide 39: Financial Overview
Financial Overview
Slide 40: Key Financial Highlights
Key Financial Highlights Total Income (In ₹) EBITDA Net Profit (In ₹) EBITDA % Net Profit % (In %) 105.79 52.18 49.11 49.33 79.09 38.84 36.54 35.28 34.54 27.90 25.29 6.75 1.70 0.90 3.58 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 Investor Presentation 39
Slide 41: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement (In ₹ Cr) Particulars FY22 FY23 FY24 Net Sales 25.16 78.67 102.67 Other Income 0.13 0.43 3.12 Total Income 25.29 79.09 105.79 Expenses Employee Cost 12.49 17.56 29.45 Other Expenses 11.10 22.69 24.15 Total Expenditure 23.59 40.25 53.61 EBIDTA 1.70 38.84 52.18 Int
Slide 42: Consolidated Balance sheet
Consolidated Balance sheet (In ₹ Cr) Equities & Liabilities FY22 FY23 FY24 Assets FY22 FY23 FY24 Equity 1.00 17.00 23.24 Non Current Assets Reserves 2.94 14.67 99.90 Fixed Assets 1.12 2.32 1.92 Net Worth 3.94 31.67 114.15 Minority Interest 0.23 0.39 0.42 Non Current Investment 0.00 0.00 0.00 Non cur
Slide 43: Cash Flow Statement
Cash Flow Statement (In ₹ Cr) Particulars FY22 FY23 FY24 Cashflow From Operations 0.79 11.45 -27.90 Cashflow From Investments -0.52 -5.22 -31.92 Cashflow From Financing 3.07 -0.55 52.57 Net Cash Flow 3.40 5.67 -7.21 Opening Cash Balance 1.10 4.51 10.18 Closing Cash Balance 4.51 10.18 2.97 Investor P
Slide 44: Key Ratios
Key Ratios ROE (In %) ROCE (In %) 88.09 106.51 29.67 40.72 22.86 17.53 FY22 FY23 FY24 FY22 FY23 FY24 EPS (In ₹) Book Value (In ₹) 17.85 52.99 16.32 18.63 0.53 2.32 FY22 FY23 FY24 FY22 FY23 FY24 Investor Presentation 43
Slide 45: Key Ratios
Key Ratios Fixed Asset Turnover Ratio (In Times) Interest Coverage Ratio (In Times) 53.48 97.77 33.97 22.47 49.29 16.65 FY22 FY23 FY24 FY22 FY23 FY24 Debt to Equity (In Times) Current Ratio (In Times) 1.05 8.68 2.42 0.13 1.05 0.02 FY22 FY23 FY24 FY22 FY23 FY24 Investor Presentation 44
Slide 46: Key Clients Continue To Drive Revenue Growth
Key Clients Continue To Drive Revenue Growth A Look at Our Customers' Contributions. In % In % In % FY22 FY23 FY24 38.32 40.92 43.00 59.08 57.00 61.68 Top 5 Customers Other Customers In ₹ Cr Particulars FY 2021-22 FY 2022-23 FY 2023-24 Top 5 Customers 9.69 32.31 58.52 Other Customers 15.6 46.64 44.1
Slide 47: Geographical Revenue Breakups
Geographical Revenue Breakups FY22 FY23 FY24 9% 5% 8% 16% 14% 34% 17% 35% 40% 43% 44% 35% North America North America North America Europe Europe Europe Australia & New Zealand Australia & New Zealand Australia & New Zealand Others Others Others Investor Presentation 46
Slide 48: Employee Cost Analysis
Employee Cost Analysis Junior Mid Senior Total (In Nos) Employee Cost (In ₹ Cr) Employee Cost As % Of Sales 485 48.77 352 202 28.68 234 139 22.31 124 82 93 65 120 159 87 12.27 17.56 29.49 FY22 FY23 FY24 FY22 FY23 FY24 Average Monthly Employee Salary (In ₹) Levels FY22 FY23 FY24 Junior 22,843 28,055
Slide 49: Stock Data
2000000 3000000 500000 0 1500000 2500000 1000000 Source – NSE` 11-Sep-2023 14-Sep-2023 17-Sep-2023 Face Value (₹) Share Price (₹) 20-Sep-2023 23-Sep-2023 Investor Presentation 26-Sep-2023 29-Sep-2023 Stock Data 52 week High-Low (₹) 02-Oct-2023 05-Oct-2023 08-Oct-2023 No. of Shares Outstanding 11-Oct
Slide 50: Thank you
Basilic Fly Studio Limited Tower A, KRC Commerzone, Thank you Mount Poonamalle Road, Porur Na, Chennai- 600 116. E-mail: cs@basilicfly.com Phone: 044-61727700 Website: www.basilicflystudio.com Kirin Advisors 713-B, Lodha Supremus II, Wagle Estate, Thane (W) – 400 604. Phone: +91 022 4100 2455 Websit