Ufo Moviez India Ltd. · NSE:UFO
Ufo Moviez India — Q4 FY2022 Earnings Presentation
28 slides from Ufo Moviez India's earnings presentation, May 27, 2022
Slide 1: Exchange filing cover letter for investor presentation
May 27, 2022 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, G Dalal Street, Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai- 400 051 Fax: 022 – 2272 3121 Fax : 022- 2659 8237/ 38 BSE Scrip Code: 539
Slide 2: Q4&FY22 Results Presentation
Q4&FY22 Results Presentation May 26, 2022
Slide 3: 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 4: UFO Moviez at a Glance
UFO Moviez at a Glance 3,484 1,186 High Impact Cities & Towns Ad Screens Across India 872 Power to Impact Movies upto 1.8 billion Released Viewers in FY22 Annually 3
Slide 5: COVID-19 Impact
COVID-19 Impact
Slide 6: COVID-19 Timeline - Film Exhibition Business
COVID-19 Timeline - Film Exhibition Business Mar 2020 Jun to Sep 2020 15th Oct 2020 5th Nov 2020 13th Jan 2021 Feb 2021 Mar 2021 Govt. announced Central Govt. permits Cinemas in Tamil movie Master released in Seating capacity restriction Cinemas were unlock 1.0, 2.0 and cinemas to re-open Maharashtr
Slide 7: Assessing Pandemic Impact And Recovery on Key Revenues
Assessing Pandemic Impact And Recovery on Key Revenues Distributor Revenue (Rs. in mn) Key releases only 343 during last six weeks. 218 227 106 53 18 31 0 -6 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 The present trend of the Content Delivery Charges (CDC/VPF) which is a major pa
Slide 8: Assessing Pandemic Impact On Advertisement Screens
Assessing Pandemic Impact On Advertisement Screens Advertisement Screens 3,792 3,558 3,484 Q4FY20 Q4FY21 Q4FY22 The overall reduction in the advertising screen count is on account of the pandemic. Out of 3,484 screens as of March’22 closing, there are ~250 screens which are currently under watch
Slide 9: Key Updates Q4&FY22
Key Updates Q4&FY22
Slide 10: Key Updates
Key Updates Key Updates for the quarter Q4FY22 was expected to start on a positive note because of the overwhelming response to movies that were released in November and December 2021, respectively. However, because of the third wave of the COVID-19 pandemic and ensuing restriction results were im
Slide 11: Financial & Operating Highlights
Financial & Operating Highlights
Slide 12: Consolidated Financial Highlights
Consolidated Financial Highlights Q4FY22 YoY Comparison (INR Mn) Total Revenue EBITDA PBT PAT* 561 67.5% 335 25.0% 21.3% 25.9% -189 -119 -238 -159 -303 -255 Q4FY21 Q4FY22 Q4FY21 Q4FY22* Q4FY21 Q4FY22 Q4FY21 Q4FY22 FY22 YoY Comparison (INR Mn) Total Revenue EBITDA PBT PAT* 1,639 77.8% 922 43.6% -472
Slide 13: Consolidated Revenue Mix
Consolidated Revenue Mix Q4FY22 Q4FY21 FY22 FY21 (INR Mn) 25 73 19 151 3% 6% 119 13% 9% 13% 106 249 528 548 32% 327 1,601 922 881 46% 202 33% 227 62% 58% 41% 737 84% Advertisement Revenue Distributor Revenue Exhibitor Revenue (INR Mn) Q4FY22 Q4FY21 % Change FY22 FY21 % Change Advertisement Revenue 7
Slide 14: In-Cinema Advertising Performance
In-Cinema Advertising Performance
Slide 15: In-Cinema Advertisement Operating Parameter
In-Cinema Advertisement Operating Parameter Full House Seating Number of Screens Prime Screens Popular Screens Capacity - Annualized 3,484 1,975 1,509 ~1.8 Bn Metro and Tier I Other Cities and Towns FY22 Prime Popular Prime Popular # of UFO Screens 732 218 1,243 1,291 Cities and Towns 98 85 446 874
Slide 16: In-Cinema Advertisement Revenue Analysis
In-Cinema Advertisement Revenue Analysis Government + PSU INR Mn 151 Corporate + Hyperlocal 73 83% 81% 19 21 49% 55% 45% 17% 51% 19% Q4FY21 Q4FY22 FY21 FY22 Q4FY21 Q4FY22 FY21 FY22 Ad Revenue / Screen for the period (Avg) (Rs.) 5,198 20,745 5,744 42,822 Average # of minutes sold / show / Ad Screen 0
Slide 17: Theatrical Revenues
Theatrical Revenues
Slide 18: Theatrical revenues from Distributors
Theatrical revenues from Distributors E – Cinema – CDC Revenue (INR Mn) 312 308 Gross Revenue Net Revenue* 136 133 54 53 55 54 Q4FY21 Q4FY22 FY21 FY22 D – Cinema - CDC Revenue (INR Mn) 133 56 50 28 30 18 16 22 Q4FY21 Q4FY22 FY21 FY22 *Net Revenue = Gross Revenue less Revenue Share with the Exhibitor
Slide 19: Operating Parameter – CDC/VPF Revenue India
Operating Parameter – CDC/VPF Revenue India # of Screens* Q4FY22 Q4FY21 FY22 FY21 E – Cinema 3,217 3,303 3,217 3,303 D – Cinema 252 272 252 272 D – Cinema (VPF Services Screens) 1,591 1,514 1,591 1,514 Total 5,060 5,089 5,060 5,089 # of Screens as on March 31, 2022 CDC Revenue / Screen (Average) (in
Slide 20: Financial Performance
Financial Performance
Slide 21: Consolidated Reported P&L Statement
Consolidated Reported P&L Statement (INR Mn) Q4FY22 Q4FY21 % Change FY22 FY21 % Change Revenue from Operations 548 327 67.3% 1,601 881 81.7% Other Income 13 8 72.8% 38 41 -7.5% Total Revenue 561 335 67.5% 1,639 922 77.8% Total Expenses 681 494 37.7% 2,111 1,759 20.0% EBITDA* -119 -159 -25.0% -472 -8
Slide 22: Consolidated Expenditure Analysis
Consolidated Expenditure Analysis Expenses as a % of Total Revenue Q4FY22 Q4FY21 FY22 FY21 1) Total Operating Direct Cost 38.6% 55.6% 56.9% 82.8% Key Operating Direct Cost Components i) Advertisement revenue share payment 1.6% 0.6% 0.9% 0.2% ii) Purchase of Equipment, Lamps and Spares 15.5% 22.8% 30
Slide 23: Consolidated Balance Sheet
Consolidated Balance Sheet Assets Equity and Liability 31-Mar-22 31-Mar-21 31-Mar-22 31-Mar-21 (INR Mn) (INR Mn) Equity Non-Current Assets Equity Share Capital 380 284 Property, plant and equipment 1,119 1,388 Other Equity Capital work-in-progress 90 183 Reserves and surplus 2,377 2,364 Right-of-use
Slide 24: Annexure
Annexure
Slide 25: Advertisement Performance
Advertisement Performance Advertisement Revenues (INR Mn) 2,372 2,136 1,790 1,578 1,547 1,167 Severely Impacted due to the COVID-19 pandemic. 151 25 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 24
Slide 26: Historical In-Cinema Advertising Performance
Historical In-Cinema Advertising Performance INR Mn Government + PSU Corporate + Hyperlocal 2,047 2,131 1,770 1,538 1,481 43% 47% 1,164 44% 47% 46% 66% 56% 57% 53% 54% 53% 34% FY15 FY16 FY17 FY18 FY19 FY20 # of Screens with Ad Rights 3,784 3,713 3,745 3,897 3,697 3,792 Annual Ad Revenue / Screen (Av
Slide 27: Shareholding
Shareholding (% of Total # of shares) March 31, 2022 Promoters 22.79% Institutional Investors 24.71% Foreign Portfolio Investors 1.16% Corporate Bodies 3.27% Others 48.07% Total # of Shares 38,041,143 26
Slide 28: 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 1.8 billion viewers annually through 3,484 screens comprising of 1,975 screens in the