Slide 1: Q2 & H1 FY13 Results Presentation
Title slide logo and Background to be taken from base presentation of Prime Focus Q2 & H1 FY13 Results Presentation
Slide 2: Forward-looking statements disclaimer
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially fro
Slide 3: CEO commentary on Q2 & H1 FY2013 results
Commenting on Prime Focus’ Q2 & H1 FY2013 results, Mr. Ramki Sankaranarayanan, CEO of Prime Focus Limited said: “Following the coming on board of Standard Chartered Group as a strategic partner, we have addressed the requirement for the redemption of the FCCBs next month. This investment reinforces
Slide 4: Q2 and H1 FY2013 Highlights
Q2 FY2013 Highlights Revenues at ` 1,963.8 million EBITDA at ` 435.1 million Profit Before Tax at ` 114.0 million Diluted EPS for the quarter at ` 0.57 per share H1 FY2013 Highlights Revenues at ` 3,845.9 million EBITDA at ` 937.7 million Profit Before Tax stood at ` 412.6 million Di
Slide 5: Profit & Loss Statement
Profit & Loss Statement % Y-o-Y % Y-o-Y (` million) Q2 FY13 Q2 FY12 H1 FY13 H1 FY12 Variance Variance Revenues 1,963.8 2,025.5 (3) 3,845.9 3,700.3 4 Personnel Cost 1,042.6 907.2 15 2,052.4 1,618.8 27 Other Expenditure 486.1 537.0 (9) 912.18 1,042.4 (12) EBITDA 435.1 581.3 (25) 881.34 1,039.1 (15) EB
Slide 6: Segment revenues: PFT, PP, 2D-3D Conversion, VFX
1409.6 1208.8 Rs. Million 356.6 101.9 PFT PP H1 FY13 H1 FY12 1614.7 1484.7 665.8 704 Rs. Million 2D-3D Conversion VFX H1 FY13 H1 FY12
Slide 7: Standard Chartered Private Equity invested $35 million in Prime Focus
Standard Chartered Private Equity invested $ 35 million in Prime Focus equity shares Standard Chartered Private Equity (Mauritius) III Limited has subscribed to 36,549,990 equity shares of PFL on a preferential basis for an aggregate amount of $ 35 million at a price of Rs. 51.75 per equity share. T
Slide 8: PFT business continues its robust growth
PFT business continues its robust growth The Company is working closely and increasing cooperation with existing clients like Star TV, Colors, Sony MSM and Associated Press. During the quarter, PFT witnessed robust client growth. New clients include MAA TV, Dabur, Tata Docomo, Canon Camera, Maruti,
Slide 9: PFL India continues to grow domestic segment
PFL India continues to grow domestic segment with work in Post Production Films PFL delivered work for English Vinglish, Oh My God, KLPD, Bhoot Returns, Delhi Safari, Ajab Gajab Love, Ek Tha Tiger, Teri Meri Kahani, Agent Vinod, Cocktail, Tezz. The Company has a pipeline with titles such as Ishq in
Slide 10: Recent film releases: Total Recall, Frankenweenie, Dredd
Total Recall grosses $ 196 mn MIB collects $ 624 mn at Box • Delivered 400 Visual Effects shots for office ‘Total Recall’ in partnership with lead • MIB 3 ranks 22 in overall all 3D VFX vendor Double Negative movie grosses • Total Recall released on August 3, 2012 • Successfully handled entire 3D wi
Slide 11: Leadership position in global 2D to 3D conversion
Leadership position in the global 2D to 3D conversion business – strong relationships with leading Hollywood & Indian studios Best-in-class VFX service provider to domestic and international production houses High quality global infrastructure base and establishment across India, US and Europe Over
Slide 12: Prime Focus: leading the global 2D to 3D conversion business
Leading from the front in the global 2D to 3D Conversion Business Prime Focus One of the largest CLEARTM VFX facilities in Revolutionary India for servicing technology for domestic and content workflow international management, studios servicing large content owners
Slide 13: Worldwide Highest Grossing Films
Worldwide Highest Grossing Films (collections in US$ billion) • Harry Potter & • Marvel’s The • Transformers: • Titanic the Deathly • Avatar (2009) Avengers Dark of the (1997/2012) Hallows – Part (2012) Moon (2011) 2 (2011) $2.78bn $2.18bn $1.51bn $1.33bn $1.12bn • The Lord of • Pirates of the • Pir
Slide 14: U.S. Library Existing Blockbuster Film TAM
Estimated Market Size – Library of Convertible Existing Content Library of Convertible Films U.S. studios own 800 films that have each grossed U.S. Studios are leading the way in 3D conversion over $100mn in WWBO since 1995 because of the ability to exploit content on a global basis Upside fro
Slide 15: VFX market size and growth
VFX market is currently ~$1.8 billion1 and growing VFX consumes ~30% - 40% of most film’s budget and is often in excess of $50mm for major studio films2 “Estimated Cost of Summer Big Budget releases in 2012 is $2.7 billion, an increase of over 29% from just 2 years ago…5 2012 movies with budge
Slide 16: 3D Conversion and VFX Work % by Studio
3D Conversion and VFX Work % by Studio – 2009 to 2012 Others, 11.4% Warner Disney, Bros, 4.7% 27.9% Relativity, 4.7% Sony, 7.0% Universal, 7.0% Summit Fox, 23.3% Ent., 7.0% Paramount , 7.0%
Slide 17: PFT Managed Services around CLEAR
PFT provides Managed Services around CLEAR delivering Multi-Platform Content Operations to the business Manage the business of content by increasing agility, unlocking new revenue streams, enabling creativity, cutting costs, and driving operational efficiencies - all delivered via a flexible bus
Slide 18: PFT content management scale
Manages over 180,000 hours of content Manages over 1,200 Feature Archive Content Manages over 40,500 new episodes of TV content every year Manages 10 Features Production Content at any one time Facilitates Syndication & VoD fulfillment of 5 million files every year Provides 10,500 hours
Slide 19: Content operations service offerings
Digitization: Content Preparation: Content Packaging and Editorial Services: Bulk Digitization Quality Check Film & Video Editorial Services for long form Mastering content Restoration VFX & Graphic Services Standards Conversion On-Air Promotion Production Meta Data Services: Com
Slide 20: Historical Revenues, EBITDA, PBT and PAT
Revenues (Rs. Million) EBITDA (Rs. Million) 2,285.4 7,719.1 1,681.7 5,029.5 4,527.8 1,215.2 3,543.7 527.0 FY2009 FY2010 FY2011 FY2012 FY2009 FY2010 FY2011 FY2012 PBT (Rs. Million) PAT (Rs. Million) 1,328.0 992.5 941.9 760.9 502.7 334.2 146.0 146.0 FY2009 FY2010 FY2011 FY2012 FY2009 FY2010 FY2011 FY2
Slide 21: About Prime Focus Limited
About Prime Focus Limited (PFL): Prime Focus (BSE code: 532748, NSE: PFOCUS, ISIN: INE367G01038) is a global visual entertainment services group that provides creative and technical services to the film, broadcast, and advertising market. The group offers a genuine end-to-end solution from pre-produ
Slide 22: Thank You
Thank You. Contact. info@primefocusworld.com | wwwprimefocusworld.com