Imagicaaworld Entertainment Ltd. · NSE:IMAGICAA
Imagicaaworld Entertainment — Adlabs Entertainment — Investor Presentation (February 2017)
33 slides from Imagicaaworld Entertainment's investor presentation, February 2017
Slide 1: Adlabs Entertainment Limited Investor Presentation - February 2017
Adlabs Entertainment Limited Investor Presentation - February 2017
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Adlabs Entertainment Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: First and Only Global Scale Theme Destination in India
First and Only Global Scale Theme Destination in India 2013: Theme Park 2015: Novotel Imagica All-weather theme park spread over 132 acres with 25 rides and 287 keys family hotel to be managed under the attractions targeted at visitors of all age groups with an estimated name “Novotel Imagica Khopol
Slide 4: International Theme Concept
International Theme Concept… Imagica has sourced rides from Leading Global …these OEMs have built marquee Attractions at OEM’s & Designers... “best of the Global Parks” Hulk Roller Coaster Soaring Over Islands of Adventure California Universal Studios Disney World, USA Orlando Haunted Mansion Space
Slide 5: India's First True International Theme Experience
India’s First True International Theme Experience… Creative customization of International rides helped us develop numerous attractions at Imagica Nitro I for India Save The Zoobaloo Pirate Deep Space Salimgarh Bump It Dare 2 Drop Boats Tubby Takes Mambo Chai Mr. India Wagon O Off Chama Crazy Wheel
Slide 6: Global Scale, Quality & Safety
…Global Scale, Quality & Safety Spread over 132 acres with 25 rides at Imagica, 14 rides at Aquamagica & high capacity Surplus land to add 3-4 rides over the next 5 years including one major ride or attraction every two years Themed rides customized to Indian sensibilities designed and supplie
Slide 7: Evolving into India's First Holiday Destination
…Evolving into India’s First Holiday Destination… • Imagica has positioned itself as a tourist zone consisting of • Weekend hill retreats nearby Lonavala & Kandhala (20 mins away) • Connectivity to the Navi Mumbai Airport (25 mins away) • Pilgrim circuit as Ashtavinayak tourism, located in close pro
Slide 8: Conceptualized by Entertainment Entrepreneur
…Conceptualized by Entertainment Entrepreneur.. • Conceptualized and launched ‘Adlabs Imagica’ and in-charge of overall business operations • More than three decades of experience in the Indian media and entertainment business including theatrical exhibition business and the digital cinema business
Slide 9: Experienced Leadership Team
…Experienced Leadership Team… Col Austosh Kale, Mr. Mayuresh Kore, Chief Operating Officer Mr. Kapil Bagla, Mr. Dhimant Bakshi, Chief Financial Officer Over two decades of Chief Executive Officer Chief Revenue Officer 14+ years of experience in the Over two decades of Over a two decade of ex
Slide 10: An International Theme Destination in India
An International Theme Destination in India 10
Slide 11: Integrated Theme Park Destination
Integrated Theme Park Destination An exciting opportunity for India • Quality Theme Parks across Theme Park globe have witnessed high footfalls and secular growth Water Park • India lacks a High End family Entertainment Destination, Adlabs Imagica is a first and only such destination Snow Park • Bur
Slide 12: Theme Parks – Secular Growth Story
Theme Parks – Secular Growth Story Regional attendance (top 10 parks) Attendance at select Asian parks CAGR 12.5% 8.4% 12.1% 6.9% 11.4% 7.4% -1.6% 236 30 146 131 116 16 90 66 61 7 8 7 41 5 Magic Kingdom Disneyland Tokyo Disneyland Europe OCT Park China Ocean Park Disneyland Hong Kong Attendance at s
Slide 13: Favourable macroeconomic and demographic dynamics in India
Favourable macroeconomic and demographic dynamics in India Robust GDP growth Rising per capita incomes Increasing urbanisation Young population 6.4% 182,426 600 Nominal GDP per capita 5.4% 4.4% 34% 31% 73,780 377 (INR) 35% 0-14 Years 15 - 34 Years > 34 Years 2013 2014 2015 2011 2019 2011 2039 Growin
Slide 14: India lacks a High End family Entertainment Destination
India lacks a High End family Entertainment Destination Consumer Options Availability Concepts Average Cost INR.800- INR.1,000 per The Comedy Store, Theatre Yes person for 2-3 hours of Prithvi Theatre, NCPA etc. entertainment INR.800-1,000/- with no Standard Amusement Essel World & Water Yes major a
Slide 15: Growth Drivers
Growth Drivers Huge Potential in Primary Catchment Area Mumbai-Pune & Peripheral area provide the largest and the best demographic of catchment population across all of India Enhancing Enhancing customer base to mid-strata Footfalls Targeting Pan-India Marketed as Holiday Destination across In
Slide 16: Multi pronged approach to increase visitors
Multi pronged approach to increase visitors Moving towards an integrated holiday destination pan India 05 Hotel Online Positioning as a sales multi-day destination Innovative sales Meaningful ticket strategies sales online Destination wedding Building a strong “Push” transportation Tie-ups
Slide 17: Avenues to enhance non-ticketing revenues
Avenues to enhance non-ticketing revenues Food & Beverages – Increase the per capita spend on F&B Increase the number of meals Adding beverage portfolio Sponsorships and – Promoting concepts like breakfast and dinner with characters alliances – Catering to evening events – Sponsorship and allian
Slide 18: Growth Strategies
Growth Strategies Walkin V/s Channel & Group Sales Catchment Area In Next 2-3 yrs. In Next 2-3 yrs. Q3FY17 Q3FY17 29% 30% 50% 48% 50% 50% 11% 52% 60% 20% Walkin Channel & Group Sales Mum + Pune ROI Guj + ROM Ticketing & Non-Ticketing* International In Next 2-3 yrs. Q3FY17 55% 35% Ticketing 27% 65% N
Slide 19: Growing Footfalls and Revenue
Growing Footfalls and Revenue Total Number of Guests Theme Park 539,187 515,555 Water Park 449,621 433,437 -4% Snow Park 367,019 300,291 317,368 248,123 216,127 197,553 181,056 Q1 FY15 Q2 FY15 Q3 FY15 Q4 FY15 Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Total Revenue ( in Rs. mn) Theme Pa
Slide 20: Revenue Break-up - Quarter
Revenue Break-up - Quarter Q3FY17 Revenue Build-up (Rs. mn) Q3FY17 Revenue Break-up 605 14% 2% 3% 10 18 82 7% 45 364 86 14% 60% Ticketing F&B Retail Hotel Snow Park Others Total Ticket F&B Retail Revenue Hotel Snow Park Other 9MFY17 Revenue Build-up (Rs. mn) 9MFY17 Revenue Break-up 1,833 13% 2% 4% 3
Slide 21: ARPU Break-Up: Quarter
ARPU Break-Up: Quarter ARPU (Rs.) ARPU - Ticketing (Rs.) 24% 31% 1,790 1,316 18% 1,444 1,008 26% 1,215 1,028 753 599 Q3FY16 Q3FY17 Q3FY16 Q3FY17 Q3FY16 Q3FY17 Q3FY16 Q3FY17 ARPU – Non Ticketing (Rs.) ARPU Break Up (%) Theme Park Water Park 3% 3% 4% 5% 9% 8% 8% 7% 14% 14% 475 462 19% 16% 436 429 24%
Slide 22: ARPU Break-Up: 9 months
ARPU Break-Up: 9 months ARPU (Rs.) ARPU - Ticketing (Rs.) 22% 26% 1,929 25% 1,440 32% 1,586 1,145 1,374 1,101 904 683 9MFY16 9MFY17 9MFY16 9MFY17 9MFY16 9MFY17 9MFY16 9MFY17 ARPU – Non Ticketing (Rs.) ARPU Break Up (%) Theme Park Water Park 4% 4% 4% 4% 11% 13% 7% 6% 14% 12% 489 471 17% 15% 441 418 2
Slide 23: Medium Term Strategies
Medium Term Strategies New Attractions at Adlabs Mumbai Exploring Theme Parks • To add 3-4 rides over the next 5 years including • Exploring options in Delhi /NCR one major ride or attraction every two years • Exploring Theme park project through a JV model with land owners in Hyderabad Integrated T
Slide 24: Key Financial Highlights
Key Financial Highlights Revenue EBITDA (Rs. mn) (Rs. mn) -9% +1% +21% +48% 662 1,809 1,833 177 490 605 146 330 Q3FY16 Q3FY17 9MFY16 9MFY17 Q3FY16 Q3FY17 9MFY16 9MFY17 24
Slide 25: Management Commentary
Management Commentary • Revenue lower by 9% and EBITDA higher by 21% YoY in Q3 FY17 – Business in Q3FY17 was affected due to demonetization and we saw an impact of about 20-25% from our anticipated footfalls between 10th November to 15th December – However, in last 15 days of December the demonetiza
Slide 26: Recent Updates
Recent Updates • After huge success of New Years Eve party, actively creating more thematic events through partnering with event agencies • Pushing attractive products to increase repeat visits • Working on innovative advertising strategies to reduce cash outflows • Launched improvised ‘tier based p
Slide 27: Profitability Statement – Quarter
Profitability Statement – Quarter Particulars (Rs. mn) Q3 FY17 Q3 FY16 YoY Footfall* (Nos.) 433,437 449,621 -4% Revenue 604.6 662.1 -9% Raw Material 59.0 77.1 -24% Advertisement, sales and marketing expenses 97.0 115.4 -16% Employee benefits expense 128.8 141.9 -9% Repairs and Maintenance 22.7 33.0
Slide 28: Profitability Statement – 9 months
Profitability Statement – 9 months Particulars (Rs. mn) 9M FY17 9M FY16 YoY Footfall* (Nos.) 1,146,545 1,236,931 -14% Revenue 1,833.2 1,808.9 1% Raw Material 179.1 190.4 -6% Advertisement, sales and marketing expenses 297.0 343.0 -13% Employee benefits expense 422.6 445.8 -5% Repairs and Maintenance
Slide 29: Profitability Statement – Full Year
Profitability Statement – Full Year Particulars (Rs. mn) FY16 FY15 Footfall* (Nos.) 1,554,199 1,064,492 Revenue 2,339.8 1,779.8 Raw Material 247.9 161.1 Advertisement, sales and marketing expenses 425.3 333.5 Employee benefits expense 595.4 479.1 Repairs and Maintenance 139.7 70.9 Power, fuel and wa
Slide 30: Balance Sheet
Balance Sheet Rs. Mn Sep-16 Mar-16 Rs. Mn Sep-16 Mar-16 Non-Current Assets 16,205.8 16,276.7 Equity 5,537.1 6,169.4 Fixed Assets Equity Share Capital 799.0 799.0 - Property, plant and equipment 12,473.0 12,897.5 Other Equity 4,738.1 5,370.5 - Capital work- in-progress 855.5 608.1 Non-Current Liabili
Slide 31: Positive Momentum
Positive Momentum 01 02 03 ~4.6 mn 14,128 12,000+ Achieved a milestone of entertaining ~4.6 mln Highest single day footfall of Highest ever footfall on New Years Eve guest since launch 14,128 at Imagica in December ‘15 i.e. 31st December 2016 04 05 06 89% 40%+ 4,800+ Highest ever monthly occupancy a
Slide 32: Awards & Recognitions
Awards & Recognitions • OTM Award for Excellence • Hotel Investment Conference South East Asia – Most Promising New Destination Award, 2015 – Novotel Imagica Khopoli Awarded the Best New Hotel of the Year – “Upper Mid Scale Segment” • Voted among the Top 10 Amusement parks in Asia • Imagica gets ISO
Slide 33: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Adlabs Entertainment Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L92490MH2010PLC199925 CIN: U74140MH2010PTC204285 Mr. Rajesh Kalro Mr. Jigar Kavaiya / Mr. Rohan Adhiya rajesh.kalro@adlabsentertainment.com jigar.kavaiy
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