Ufo Moviez India Ltd. · NSE:UFO
Ufo Moviez India — Q3 FY2024 Earnings Presentation
23 slides from Ufo Moviez India's earnings presentation
Slide 1: Results Presentation Q3&9MFY24
Your Logo Results Presentation Q3&9MFY24
Slide 2: Safe Harbour
Safe Harbour The presentation has been prepared by UFO Moviez India Limited together with its subsidiaries (the “Company”), for informational purpose only and does not constitute or form part of an offer, solicitation or invitation of any offer to purchase or subscribe for any securities of the Comp
Slide 3: UFO Moviez at a Glance
UFO Moviez at a Glance 3,407 1,257 High Impact Cities & Towns Ad Screens Across India 1,567 Power to Impact Movies upto 1.7 billion Digitally Viewers Delivered Annually in 9MFY24 3
Slide 4: UFO's Offerings
UFO’s Offerings Cinema Value Chain UFO’s Offering Advantage Revenue Stream Content Digitization Producer Digitization Fee Satellite or Content Delivery Physical Cost & Time Distributor Charges & VPF Delivery of Arbitrage Service Revenue Content Fixed Rental / Cinema Sale of Exhibitor Equipment for E
Slide 5: Financial & Operating Highlights
Financial & Operating Highlights
Slide 6: Consolidated Financial Highlights (1/2)
Consolidated Financial Highlights (1/2) Q3FY24 vs Q3FY23 (INR Mn) Total Revenue EBITDA 1,184 184 1,109 101 7% 83% Q3FY24 Q3FY23 Q3FY24 Q3FY23 60 PBT PAT 46 -3 -10 L2P L2P Q3FY24 Q3FY23 Q3FY24 Q3FY23 6
Slide 7: Consolidated Financial Highlights (2/2)
Consolidated Financial Highlights (2/2) 9MFY24 vs 9MFY23 (INR Mn) Total Revenue EBITDA 3,093 524 2,909 253 -6% 107% 9MFY24 9MFY23 9MFY24 9MFY23* PBT PAT 150 103 -120 -138 L2P L2P 9MFY24^ 9MFY23 9MFY24^ 9MFY23 *9MFY23 EBITDA is before considering provision of Rs.29mn towards provisioning for impairme
Slide 8: Consolidated Revenue Mix
Consolidated Revenue Mix (INR Mn) Q3FY24 Q3FY23 195 383 17% 32% 481 41% 561 1,181 1,106 51% 350 32% 318 27% Advertisement Revenue Distributor Revenue Exhibitor Revenue YoY % (INR Mn) Q3FY24 Q3FY23 Change Advertisement Revenue (i) 383 195 96% - In-Cinema Advertisement Revenue 341 186 83% - Corporate
Slide 9: Consolidated Revenue Mix
Consolidated Revenue Mix (INR Mn) 9MFY24 9MFY23 507 911 17% 32% 1,107 38% 1,361 2,896 3,081 44% 1,213 877 39% 30% Advertisement Revenue Distributor Revenue Exhibitor Revenue YoY % (INR Mn) 9MFY24 9MFY23 Change Advertisement Revenue (i) 911 507 80% - In-Cinema Advertisement Revenue 851 494 72% - Corp
Slide 10: In-Cinema Advertising Performance
In-Cinema Advertising Performance
Slide 11: In-Cinema Advertisement Operating Parameter
In-Cinema Advertisement Operating Parameter Full House Seating Number of Screens Prime Screens Popular Screens Capacity - Annualized 3,407 2,105 1,302 ~1.7 Bn Metro and Tier I Other Cities and Towns 9MFY24 Prime Popular Prime Popular # of UFO Screens 886 237 1,219 1,065 Cities and Towns 130 100 473
Slide 12: In-Cinema Advertisement Revenue Analysis
In-Cinema Advertisement Revenue Analysis INR Mn Government + PSU Corporate + Hyperlocal 851 494 74% 341 80% 186 68% 76% 26% 32% 24% 20% Q3FY24 Q3FY23 9MFY24 9MFY23 Q3FY24 Q3FY23 9MFY24 9MFY23 Ad Revenue / Screen for the period (Avg) 101,715 54,020 252,012 143,197 (Rs.) Average # of minutes sold / sh
Slide 13: Theatrical Revenues
Theatrical Revenues
Slide 14: Theatrical revenues from Distributors
Theatrical revenues from Distributors Content Delivery Charges Revenue (INR Mn) Revenue (INR Mn) 694 639 233 229 Q3FY24 Q3FY23 9MFY24 9MFY23 VPF Service Revenue Revenue (INR Mn) Revenue (INR Mn) 196 107 53 42 59 14 17 34 Q3FY24 Q3FY23 9MFY24 9MFY23 Gross Revenue Net Revenue Gross Revenue Net Revenue
Slide 15: Operating Parameter – Distributor Revenue
Operating Parameter – Distributor Revenue # of Screens^ Q3FY24 Q3FY23 9MFY24 9MFY23 CDC Category Screens 3,100 3,043 3,100 3,043 VPF Category Screens 387 356 387 356 Total 3,487 3,399 3,487 3,399 # of Screens as on December 31, 2023 Revenue / Screen (Average) (in Rs.) Q3FY24 Q3FY23 9MFY24 9MFY23 CDC
Slide 16: Financial Performance
Financial Performance
Slide 17: Consolidated Reported P&L Statement
Consolidated Reported P&L Statement (INR Mn) Q3FY24 Q3FY23 % Change 9MFY24 9MFY23 % Change Revenue from Operations 1,181 1,106 7% 2,896 3,081 -6% Other Income 3 4 -28% 13 13 -1% Total Revenue 1,184 1,109 7% 2909 3093 -6% Total Expenses 999 1,008 -1% 2,384 2,869 -17% EBITDA (Reported) 184 101 83% 524
Slide 18: Consolidated Expenditure Analysis
Consolidated Expenditure Analysis Expenses as a % of Total Revenue Q3FY24 Q3FY23 9MFY24 9MFY23 1) Total Operating Direct Cost 43.13% 49.80% 40.43% 49.05% Key Operating Direct Cost Components - Advertisement revenue share payment 12.08% 10.50% 12.67% 10.32% - VPF service revenue share 2.36% 3.26% 2.5
Slide 19: Annexure
Annexure
Slide 20: Historical Advertisement Performance
Historical Advertisement Performance Advertisement Revenues (INR Mn) 2,372 2,136 1,790 1,578 1,547 Severely Impacted due to 1,167 the COVID-19 pandemic. 911 755 151 25 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 9MFY24 20
Slide 21: Historical In-Cinema Advertising Performance
Historical In-Cinema Advertising Performance Government + PSU Corporate + Retail INR Mn 2,131 2,047 1,792 1,578 1,481 43% 47% 1,167 44% 47% 851 66% 740 46% 57% 53% 74% 56% 77% 53% 54% 34% 23% 26% FY15 FY16 FY17 FY18 FY19 FY20 FY23 9MFY24 # of Screens with Ad Rights 3,784 3,713 3,745 3,897 3,697 3,79
Slide 22: Shareholding
Shareholding (% of Total # of shares) December 31, 2023 Promoters 22.5% Institutional Investors 24.4% Foreign Portfolio Investors 0.9% Corporate Bodies 4.4% Others 47.9% Total # of Shares 3,85,57,906 22
Slide 23: About UFO Moviez India Limited
About UFO Moviez India Limited UFO is the first one, to enable cinema digitization with satellite technology in India. That also makes UFO the largest in- cinema advertising platform, with the power to impact almost 1.7 billion viewers annually through 3,407 screens comprising of 2,105 screens in th