Slide 1: Exchange filing cover letter for Q1 investor presentation
29th July, 2021 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Department Plot No. C/1, G Block, 1st Floor, New Trading Ring, Bandra Kurla Complex, PJ Towers, Dalal Street, Bandra (East), Mumbai - 400 051 Fort, Mumbai - 400 001 Fax: 022-2659823
Slide 2: Investor Update Q1, FY 22
INVESTOR UPDATE Q1, FY 22 July 29th , 2021 100% vaccination includes all employees working for PVR as on date, who have taken atleast 1 dose of the vaccine. It excludes employees who are ineligible to take any approved vaccine1for any reason whatsoever
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for general information purposes in respect of PVR Limited (“Company”) together with its subsidiaries and joint venture (together, with the “Company”, the “Group”) only, without regard to any specific objectives, suitability, financial situations and ne
Slide 4: Disclaimer
Disclaimer This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement or an offer document under the Companies Act, 2013, as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, a
Slide 5: Index
INDEX PARTICULARS SLIDE NO Update on Vaccination 5 Screen Portfolio 7 Reopening Approval Status As On Date 8 Key Updates Regarding Performance In Q1 FY’22 9 Consolidated Results Summary 10 Financial Results & Analysis 13 Content Pipeline 17 4
Slide 6: Update on Vaccination
UPDATE ON VACCINATION Company has been at the forefront of getting its employees and their family vaccinated and has achieved 100%* vaccination of all its employees The company is bearing the cost of vaccination for its employees and their family members and is getting ready to restart operation
Slide 7: Update on Vaccination
UPDATE ON VACCINATION PVR == PVR &=& IsaTcwaTen | ant e> PVR @&=> PVR fy PVR PYRCARES VACCINATION DRIVE PVR FILM FRATERNITY ==> PVR G= PVR PVR <=> PVR G= PYR tow wien BJ NANAVATI
Slide 8: Screen Portfolio
SCREEN PORTFOLIO Punjab Jammu & Kashmir 10 cinemas | 53 screens 1 Cinema | 2 Screens 176 CINEMAS 180K SEATS Chandigarh Uttarakhand 3 cinemas | 15 screens 1 cinema | 5 screens Uttar Pradesh* Haryana 18 cinemas | 83 screens 842 SCREENS 71 CITIES 10 cinemas | 35 screens Jharkhand Delhi 2 cinemas | 7 sc
Slide 9: Reopening Approval Status As On Date
REOPENING APPROVAL STATUS AS ON DATE States Conditional Approval Telangana 100% capacity Punjab 50% capacity. Chattisgarh 50% capacity. Open till 10 pm. Gujarat 60% capacity. Open till 10pm / Only Vaccinated Staff. Jharkhand 50% capacity. Open till 8pm Uttar Pradesh Open 5 days a week. Monday to Fri
Slide 10: Key Updates Regarding Performance in Q1 FY'22
KEY UPDATES REGARDING PERFORMANCE IN Q1 FY’22 The 2nd wave of Covid impacted Q1 FY’22 operations significantly. Quarter was marked with staggered shutdown of our circuit in the month of Apr’21. The company has restarted its engagement with landlords / developers to seek waivers / discounts for
Slide 11: Consolidated Result Summary
CONSOLIDATED RESULT SUMMARY
Slide 12: Results Highlights
RESULTS HIGHLIGHTS Results Highlights – Q1, FY 22 vs Q1, FY 21 INR lacs Total Income EBITDA PAT Q1, FY22 7,087 (10,985) (14,193) ------------ 1,258 (11,603) (14,107) Q1, FY21 Note: Above financial numbers are after excluding the impact of Ind AS 116 – ‘Leases’ 11
Slide 13: Consolidated Result Summary – Q1 FY22 vs Q1 FY21
CONSOLIDATED RESULT SUMMARY – Q1, FY 22 VS Q1, FY 21 Q1, FY 22 Q1, FY 21 Particulars (INR Lacs) Ind-AS 116 Ind-AS 116 Ind-AS 116 Ind-AS 116 Reported Reported Impact Adjusted Impact Adjusted Total Income 9,255 (1) 2,168 7,087 5,535 4,277 1,258 Expenses 15,032 (3,040) 18,072 (2) 12,861 - 12,861 EBITDA
Slide 14: Financial Results & Analysis
Financial Results & Analysis 13
Slide 15: Income Analysis (Consolidated)
INCOME ANALYSIS (CONSOLIDATED) Q1, FY 22 vs Q1, FY 21 Particulars Q1, FY 22 Q1, FY 21 % Change Q4, FY 21 % Change Operating Numbers Screens 842 845 0% 842 0% Seats 1,80,155 1,81,917 -1% 1,80,155 0% Admits (Lacs) 15 - NM 58 -75% ATP (INR) 191 - NM 183 5% SPH (INR) 96 - NM 95 0.3% Financials (INR lacs
Slide 16: Fixed Expenditure Analysis (Consolidated)
FIXED EXPENDITURE ANALYSIS (CONSOLIDATED) Q1, FY 22 vs Q1, FY 21 Particulars (INR lacs) Q1, FY 22 Q1, FY 21 % Change Q4, FY 21 % Change Employee Costs 5,310 6,817 -22% 5,964 -11% Electricity & Water Charges 1,182 595 99% 2,758 -57% Other Expenses 3,744 2,576 45% 6,241 -40% Total expenses ex Rent & C
Slide 17: Rent & CAM
RENT & CAM Rent (INR lacs) Rent 7,091 Given the Covid 19 induced lockdown, we have reached out to landlords for waivers / concessions -57% Rental expense represents provisions till the time properties 3,054 were operational in Q1/where negotiations have concluded We expect the Rental waiver /
Slide 18: Strong Line Up of Movies
STRONG LINE UP OF MOVIES 17 While there is a strong line of movies available for release, given the current lockdown and uncertainty around re-opening of Cinemas exact release dates of these are not clear
Slide 19: Bollywood Content Pipeline
BOLLYWOOD CONTENT PIPELINE 18
Slide 20: Bollywood Content Pipeline
BOLLYWOOD CONTENT PIPELINE SOORYAVANSHI ATRANGI RE PRITHVIRAJ BACHCHAN PANDEY CAST CAST CAST CAST Akshay Kumar, Akshay Kumar, Akshay Kumar, Akshay Kumar, Katrina Kaif, Dhanush, Deependra Singh, Jacqueline Fernandez, Ajay Devgn Sara Ali Khan Nikkita Chadha Kriti Sanon DIRECTOR DIRECTOR DIRECTOR DIREC
Slide 21: Bollywood Content Pipeline
BOLLYWOOD CONTENT PIPELINE SATYAMEVA EK VILLAIN ATTACK SHAMSHERA JAYATE 2 RETURNS CAST CAST CAST CAST John Abraham, Jacqueline Fernandez, John Abraham, Ranbir Kapoor, Divya Khosla Kumar, John Abraham, Arjun Kapoor, Sanjay Dutt, Harsh Chhaya Rakul Preet Singh Disha Patani Aahana Kumra DIRECTOR DIRECT
Slide 22: Bollywood Content Pipeline
BOLLYWOOD CONTENT PIPELINE BHOOL GANGUBAI JERSEY SHABAASH MITHU BHULAIYAA 2 KATHIAWADI CAST CAST CAST CAST Shahid Kapoor, Kartik Aaryan, Taapsee Pannu Alia Bhatt, Mrunal Thakur, Tabu, Ajay Devgn, Pankaj Kapur Kiara Advani DIRECTOR Indira Tiwari Rahul Dholakia DIRECTOR DIRECTOR DIRECTOR Gowtam Tinnan
Slide 23: Hollywood Content Pipeline
HOLLYWOOD CONTENT PIPELINE 22
Slide 24: Hollywood Content Pipeline
HOLLYWOOD CONTENT PIPELINE THE CONJURING : THE MORTAL KOMBAT F9 - THE FAST SAGA A QUIET PLACE II DEVIL MADE ME DO IT CAST CAST CAST CAST Lewis Tan, Vin Diesel, Emily Blunt, Patrick Wilson, Jessica McNamee, Michelle Rodriguez, Millicent Simmonds, Vera Farmiga, Josh Lawson Jordana Brewster Cillian Mur
Slide 25: Hollywood Content Pipeline
HOLLYWOOD CONTENT PIPELINE GHOSTBUSTERS THE KING”S MAN TOP GUN : MAVERICK DUNE AFTER LIFE CAST CAST CAST CAST Aaron Taylor-Johnson, Finn Wolfhard, Tom Cruise, Rebecca Ferguson, Gemma Arterton, Mckenna Grace, Jennifer Connelly, Zendaya, Matthew Goode Carrie Coon Miles Teller Jason Momoa DIRECTOR DIRE
Slide 26: Regional Content Pipeline
REGIONAL CONTENT PIPELINE 25
Slide 27: Regional Content Pipeline
REGIONAL CONTENT PIPELINE KGF 2 PHATTE DINDE MAJOR GHANI [KANNADA] CHAKK PUNJABI [TELUGU] [TELUGU] CAST CAST CAST CAST Sanjay Dutt, Neeru Bajwa, Sobhita Dhulipala, Sunil Shetty, Yash, Gippy Grewal, Prakash Raj, Varun Tej, Srinidhi Shetty Ahmad Ali Butt Adivi Sesh Jagapathi Babu DIRECTOR DIRECTOR DIR
Slide 28: Regional Content Pipeline
REGIONAL CONTENT PIPELINE VIKRANT RONA F3 LIGER QISMAT 2 [KANNADA] [TELUGU] [TELUGU] [PUNJABI] CAST CAST CAST CAST Sudeep, Tamannaah Bhatia, Vijay Deverakonda, Sargun Mehta, Nirup Bhandari, Mehreen Pirzada, Ananya Panday, Tania, Neetha Ashok Venkatesh Daggubati Ramya Krishnan Ammy Virk DIRECTOR DIRE
Slide 29: Investor relations contact
For any queries please contact investor relations team: Email ID: investorrelations@pvrcinemas.com