Imagicaaworld Entertainment Ltd. · NSE:IMAGICAA
Imagicaaworld Entertainment — Q2 & H1 FY24 Earnings Presentation
27 slides from Imagicaaworld Entertainment's earnings presentation, Nov 14, 2023
Slide 1: Exchange filing cover letter
November 14, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeeboy Towers Exchange Plaza, 5th Floor, Plot no. C/1, Dalal Street, Fort, G Block, Bandra Kurla Complex, Bandra (E) Mumbai- 400 001 Mumbai- 400 051 BSE Scrip Code: 539056 NSE Scrip Symbol: IMAGICAA Dear Sir/Madam, Sub
Slide 2: Investor Presentation – Q2 & H1FY24
Imagicaaworld Entertainment Limited Investor Presentation – Q2 & H1FY24
Slide 3: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Imagicaaworld Entertainment Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Management Commentary – Q2 & H1FY24
MANAGEMENT COMMENTARY – Q2 & H1FY24 MD’s message on performance of the company for Q2 & H1FY24 “I am happy to share that despite being an unseasonal quarter for the industry, we have achieved revenues of Rs. 35.5 crores. For Q2 & H1FY24, our operating profit growth has exceeded revenue growth. Durin
Slide 5: Operational Metrics
Operational Metrics Theme Park, Water Park, Snow Park & Hotel 4
Slide 6: Operational Highlights Q2FY24
OPERATIONAL HIGHLIGHTS Q2FY24 Footfalls1 ARPU1 Novotel Imagicaa – ARR (Rs) +6% -9% -9% 1,70,324 1,471 1,554 9,898 1,54,618 8,969 Q2FY23 Q2FY24 Q1FY23 Q1FY24 Q2FY23 Q2FY24 Revenue Breakup – Segment wise* Novotel Imagicaa – Occupancy (%) 6.7% 10.8% + 790 bps 7.4% 7.4% 48% 40% 20.2% Q2FY24 Q2FY23 22.1%
Slide 7: Operational Highlights H1FY24
OPERATIONAL HIGHLIGHTS H1FY24 Footfalls1 ARPU1 Novotel Imagicaa – ARR (Rs) +7% +3% +5% 7,10,641 1,509 1,550 9,161 9,624 6,63,861 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 Revenue Breakup – Segment wise* Novotel Imagicaa – Occupancy (%) 6.9% + 930 bps 6.4% 7.0% 5.3% 51% 42% 19.8% 19.3% H1FY23 H1FY24
Slide 8: Financial Highlights
Financial Highlights Theme Park, Water Park, Snow Park & Hotel 7
Slide 9: Q2 & H1FY24 Consolidated Profit & Loss Statement
Q2 & H1FY24 CONSOLIDATED PROFIT & LOSS STATEMENT Profit and Loss (in Rs. Crs) Q2FY24 Q2FY23 Y-o-Y Q1FY24 Q-o-Q H1FY24 H1FY23 Y-o-Y Revenues from Operations 35.5 35.8 -0.8% 100.3 -64.6% 135.8 124.6 9.0% Other income from Operations 0.4 1.3 4.3 4.8 4.9 Total Income from Operations 35.9 37.1 -3.1% 104.
Slide 10: Balance Sheet
BALANCE SHEET Balance Sheet - Equity & Liabilities (in Rs. Crs) Sep-23 Mar-23 Balance Sheet – Assets (in Rs. Crs) Sep-23 Mar-23 Equity Share Capital 481.9 411.5 Non-Current Assets Other Equity 302.9 -176.4 Property, Plant And Equipment 692.5 785.1 Capital Work in Progress 42.0 11.4 Total Equity 784.
Slide 11: Cashflow Statement
CASHFLOW STATEMENT Cash Flow Statement (in Rs. Crs) Sep-23 Sep-22 Net Profit Before Tax 537.2 510.1 Adjustments For: Non - Cash Items / Other Investment Or Financial Items 477.0 470.1 Operating Profit Before Working Capital Changes 60.2 40.0 Changes In Working Capital 10.3 11.8 Cash Generated From O
Slide 12: About Us
About Us The Company and Promotor
Slide 13: About Imagicaa
ABOUT IMAGICAA India’s 1st and Only Global Scale Theme Leisure & Entertainment Destination The Flagship Imagicaa park at Khopoli is spread over 110 acres, an all-weather family entertainment destination comprising of Theme Park, Water Park, Snow Park, and a 5-star Hotel provides an array of Footfall
Slide 14: About Malpani Group
ABOUT MALPANI GROUP The Malpani Group, based out of Sangamner in Maharashtra, is a family owned diversified business group with interests in FMCG, renewable energy, real estate, hospitality, theme and water parks, and education businesses overall grown across last six decades. The group owns and ope
Slide 15: Growth Drivers for Catchment
GROWTH DRIVERS FOR CATCHMENT Primary Catchment Catchment Wise Footfalls for FY23 Maharashtra – Mumbai + Pune, Population – ~1.5 crores • Easing access to transportation • Maintain newness by adding event-based propositions • Increasing Tie-ups with mid-to-large corporates • Drive youth footfall with
Slide 16: Business Turnaround
BUSINESS TURNAROUND • Strong diversified group, with experience in Park business of over 2 decades • Synergy benefits from cross-businesses such as Renewables and Real Estate to flow in to bring forth major power cost reduction and new expansion projects Experienced Promoter backing 01 • Positive ch
Slide 17: The Macro Opportunity
The Macro Opportunity
Slide 18: Industry Overview – Rightly Positioned to Reap the Benefits
INDUSTRY OVERVIEW – RIGHTLY POSITIONED TO REAP THE BENEFITS Revenue Distribution Indian Theme Parks vs World# India Market Size* Entry Fees F&B Others • Significant difference between USD 500 Million - Expected to grow at 77% revenue mix of Indian Amusement Parks compared to Global Parks ~ 10% 63% •
Slide 19: High Growth Drivers
HIGH GROWTH DRIVERS Economic Drivers GDP per Capita to grow (in US$)# Household Income Shift* Population Demographics# +26.6% 7% High 3% 7% 3,011 21% 2,802 Upper Middle 25% 2,601 44% 2,379 Lower Middle 33% 60% 34% Low 43% 15% Age 0-14 Age 15-60 Age 60+ 2022 2023 2024 2025 2018 2030 India’s per capit
Slide 20: India vs China – Multifold Growth Potential for Us
INDIA vs CHINA – MULTIFOLD GROWTH POTENTIAL FOR US 11,000 7000 10,217 10,000 6,006 6000 • Given the cost of living in India, Discretionary 9,000 Spending to see Substantial Growth once the 8,000 Per Capita income crosses $ 2,000 5000 • China’s per capita income grew by ~5 times; 7,000 once it crosse
Slide 21: Our Positioning
OUR POSITIONING Strong in-house Character IP Rich character content created in-house ranging from the design and looks, characteristics, stories, songs and adaptations to merchandise In house Food & Beverages Imagicaa provides best in class experience to visitors with in-house theme-based restaurant
Slide 22: India's Top Leisure Destination with Many Firsts
INDIA’S TOP LEISURE DESTINATION WITH MANY FIRSTS Nitro Mr. India –The Ride Chotta Bheem – India’s biggest, India’s only Bollywood The Ride Movie Integrated Ride a roller coaster largest, fastest Simulator Ride into the Dholakpur and baddest roller coaster universe I for India Beauty of India as you
Slide 23: Leadership Team
LEADERSHIP TEAM Mr. Jai Malpani Mr. Dhimant Bakshi Executive Director - MD Chief Executive Officer & Chief Marketing Studied Economics and Finance from Bentley Officer University and London School of Economics. Alumnus of INSEAD with 28+ years of experience in Responsible for the expansion and manag
Slide 24: Aquamagicaa Water Park - Surat
AQUAMAGICAA WATER PARK - SURAT Aquamagicaa, The park is spread over 4 acres of land in the heart of the Surat city and includes 16 water-based rides/attractions, imported from international manufacturers, which are based on Amazon Rain Forest theme. In addition, the park also offers sumptuous range
Slide 25: Events all round the year
…..Events all round the year Imagicaa Anniversary Bash Halloween at Salimgarh New Year Bash Movie Promotions Holi Bash Weddings at Imagica
Slide 26: Awards & Recognitions
AWARDS & RECOGNITIONS Trip Advisor’s Travellers Choice Award - 2020 FICCI Travel & Tourism Excellence Award - 2019 Guinness Books of World Records More than 1,100 children from underprivileged families made history at Imagicaa, where the simultaneously opened presents from the park and set a – Bagge
Slide 27: Thank You
THANK YOU For further information, please contact : Company : Imagicaaworld Entertainment Ltd. Investor Relations : Strategic Growth Advisors CIN: L92490MH2010PLC199925 CIN: U74140MH2010PTC204285 Mr. Khelan Shah Mr. Ayush Haria / Ms. Ami Parekh khelan.shah@imagicaaworld.com ayush.haria@sgapl.net / a
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