Slide 1: Exchange filing cover letter: Q4 & FY22 Investor Presentation
09th May, 2022 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor , Corporate Relationship Department Plot No. C / 1, G Block , , 1 Floor New st Trading Ring, Bandra Kurla Complex, PJ Towers Dalai Street, , Bandra (East ) , Mumbai - 400 051 Fort, Mumbai - 400 001 Fax: 022
Slide 2: seers toLestse. Nt sepamn
th an seers toLestse. Nt sepamn
Slide 3: 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 needs of any
Slide 4: Disclaimer
OR UPDATE 2M FY 22 | 0,” DISCLAIMER The information contained in these presentations and materials are only current as of the dates specified herein and have not been independently verified. None of the Group, its directors, promoters or affiliates, nor any of its or their respective employees, advi
Slide 5: Index
/T) INVESTOR UPDATE INDEX PVRiwwewqurnae PARTICULARS SLIDE NO RESULT HIGHLIGHT 5 KEY UPDATES FOR THE QUARTER 6 SCREEN PORTFOLIO 7 RESULT SUMMARY 8-10 FINANCIAL ANALYSIS 11-18 SCREEN OPENING OUTLOOK FY°23 19 BALANCE SHEET 20 PROFORMA CASH FLOW 21 PROPOSED MERGER OF INOX LEISURE WITH PVR LTD. 22-23 CO
Slide 6: Result Highlights
RESULT HIGHLIGHTS INR LACS 04, FY22 > 04, FY21 > 12M, FY22> 12M, FY21> ote: Above financial numbers are after excluding the impact of Ind AS 116 ~ ‘Leases y
Slide 7: Key Updates for the Quarter
KEY UPDATES FOR THE QUARTER PYARMWESTORUEDATE |... Q4 RESULTS IMPACTED ON ACCOUNT OF THE 3°° WAVE OF PANDEMIC % Operations in Jan’22 and Feb’22 were impacted due to lack of new content and capacity restrictions. we Release of Blockbuster content in March coupled with smart recovery in admissions led
Slide 8: Screen Portfolio - As on Date
SCREEN PORTFOLIO - AS ON DATE @ PuNaAB @ CHANDIGARH @ HARYANA @ > RWASTHAN @ GULARAT @ MADHYA PRADESH e DELHI @ MAHARASHTRA @ KARNATAKA Note: Map not to scale @ KERALA coLomeo JAMMU & KASHMIR @ UTTARAKHAND @ UTTARPRADESH @ JHARKHAND @ ASSAM @ ‘WEST BENGAL @ CHHATTISGARH @ ODISHA ® L—AELANGANA @ | AN
Slide 9: 8
8 8
Slide 10: Result Summary Q4 FY22
RESULT SUMMARY PVR INVESTOR UPDATE 04, FY 22 VS 04, FY 21 04 & 12M FY 22 | sa Q4, FY 22 Q4, FY 21 Particulars na ae {copia ts amas {INR Lacs) Reported Ind-AS 116 Ind-AS 116 Reported Ind-AS 116 Ind-AS 116 Impact Adjusted Impact Adjusted EBITDA 14,240 16,009 1,769 EBITDA Margin 24.6% PAT PAT Margin sc
Slide 11: Result Summary 12M FY22
RESULT SUMMARY 12M, FY 22 VS 12M, FY 21 Total Income 1,65,713 "" 24,839 1,40,874 14,935 43,892 31,043 Expenses 1,22,527 -33,848 1,56,375 61,494 311,952 73,446 Depreciation & 61,440 35,023 26,417 57,482 33,653 23,829 Amortization Finance Costs 49,817 34,361 15,456 49,784 34,883 14,901 Corporate Tax 1
Slide 12: 11
11 11
Slide 13: FY22: Quick Recovery Witnessed Post Wave 3.0
04 FY 22 : QUICK RECOVERY PVR > INVESTOR UPDATE WITNESSED POST WAVE 3.0 PY PN.04 & 12M FY 22 REVENUE [INR LACS) EBITDA [INR LACS) 55,356 2.5% * EAI 95,681 GES Jan'22 Feb'22 Q4, FY 22 UG Mar'22 Mar'22 Q4, FY 22 -925* -3,3746 -5,573 SHARP RECOVERY IN THE MONTH OF MAR’22 AFTER OPERATIONAL LOSSES IN JAN
Slide 14: Blockbusters During the Quarter Resulting in Swift Recovery
BLOCKBUSTERS DURING THE QUARTER RESULTING IN SWIFT RECOVERY VALIMAI BHEEMLA GANGUBAI THE KASHMIR =» RADHE SHAYAM RRR [TAMIL] NAYAK KATHIAWADI FILES TALL LANGUAGES | [ALL LANGUAGES] [TELUGU] MAR’22 MAR’22 FY 22 Q4 FY 22 E ATP INR 235 SPH INR 124 ATP INR 242 90.6 LACS 13
Slide 15: Mar'22: Net Box & Net Concession Scaling New Highs
MAR’22 : NET BOX & NET PVR MEsoUOME |. CONCESSION SCALING NEW HIGHS QM 12M FY 22 | Sum of Net Box Office & Net Concession [in INR mn] FY 20- FY 22 April May June July August September October November December January February March HIGHEST EVER NET BOX OFFICE & NET CONCESSION IN THE MONTH OF MARCH
Slide 16: Income Analysis
INCOME ANALYSIS NM = N Admits (Lacs) ATP SPH Sale of Movie Tickets Sale of Food & Beverages Advertisement Income Income From Movie Distribution Other Operating Income Other Income Not meaningful te: Above financial numbers are after exclud 143 242 122 29,391 17,021 2,145 1,144 4,013 1,642 g the 147%
Slide 17: Expenditure Analysis
INVESTOR UPDATE EXPENDITURE ANALYSIS PVR eS le Fixed Expenses (INRLacs) Q4,FY22 Q4,FY21 %Change Q3,FY22 %Change 12M,FY22 12M,FY21 % Change Total Fixedexpenses 38,192 24,971 34,076 12% 1,07,794 63,580 FHC% cOoGs% VARIABLE = a a EXPENSE “2 ANALYSIS 26.3% 26.0% 4, FY 22 6, FY 21 Q3, FY 22 Q4,FY22 © Q4,
Slide 18: Expenditure Analysis: Rent and CAM
EXPENDITURE ANALYSIS 13,411 Qs, FY 22 4,057 Q4, FY 22 12,702 Q3, FY 22 3,271 Q3, FY 22 RENT (INR LACS) 7,091 Q4, FY 21 FY 22 CAM (INR LACS) 13,254, 3,019 Q4, FY 21 FY 22 Note: Above financial numbers are after excluding the impact 0 57,742 AI% 2" ~ 11,987 FY 21 FY 20(Pre Pandemic) . 15,478 FY 21 FY
Slide 19: Other Fixed Overheads
OTHER FIXED OVERHEADS PY INVESTOR UPDATE 04 & 12M FY 22 | 202" 8,143 ieee Q4, FY 22 3,491 ay Q4, FY 22 9,090 Q4, FY 22 PERSONNEL COST [INR LACS) 26,928, 7,875 5,964 FY21 FY 20 [Pre Pandemic) Q3, FY 22 Q4, FY 21 ELECTRICITY & WATER (INR LACS) egy 2-77 20.560 10,4074" ~~ 5,661 3,786 2,758 a Q3, FY 22
Slide 20: Screen Opening Outlook FY23
SCREEN OPENING OUTLOOK FY 23 Bangalore Karnataka 4 31 Trivandrum Kerala 1 12 Mumbai Maharashtra 3 12 Gurgaon Haryana z 12 Rourkela* Odisha 2 1 Jaipur Rajasthan 1 8 Pune Maharashtra i 6 Dehradun Uttarakhand i 5 Ahmedabad Gujarat 4 5 Chennai Tamil Nadu 4 5 Faridabad Haryana H 4 Ajmer Rajasthan hi 4 Ni
Slide 21: Balance Sheet
BALANCE SHEET PVR mestanurnat REPORTED March 31, Particulars {INR Lacs] Marcas): 2022 2021 Particulars [INR Lacs} March 31, March 31, 2022 2021 1,37,011 1,83,340 Total Shareholder funds Total Debt 1,50,516 1,35,193 Total Liquidity (A+B) 66,721 80,799 Total Sources of Funds 6,64,007 6,98,572 THE COMP
Slide 22: Proforma Cash Flow
PROFORMA CASH FLOW Particulars [INR Lacs} Profit / (loss) before tax EBITDA Cash Flow from operations (A) Cash Flow from Investing activities (B) Cash Flow from financing activities (C } 4,699 Net (decrease]/increase in cash and cash equivalents (A + B + C) 15,373 Opening Cash & Cash Equivalents 73,
Slide 23: Proposed Merger of INOX Leisure with PVR Ltd.
PY INVESTOR UPDATE 04 & 12M FY 22 |
Slide 24: Proposed Merger of INOX Leisure with PVR Ltd.
P INVESTOR UPDATE 04 & 12M FY 22 |
Slide 25: Strong Movie Line Up
STRONG MOVIE LINE UP RELEASE CALENDAR IS AS PER THE RELEASE DATES ANNOUNCED AS ON DATE AND |S SUBJECT TO CHANGE. CONTENT LINE UP SHOWN IN SUBSEQUENT SLIDES IS FOR THE NEXT 3 MONTHS. 24
Slide 26: Content Pipeline
CONTENT PIPELINE PVR ‘SARKARU VARI PAATA [TELUGU] JAYESHBHAI JORDAAR ‘SAUNKAN SAUNKNE [PUNJABI] DHAAKAD CAST CAST I CAST CAST DIRECTOR DIRECTOR DIRECTOR DIRECTOR BHOOL BHULAIYAR 2 FS [TELUGU TOP GUN: MAVERICK CAST Ka cast Cast Ta) CAST DIRECTOR ; DIRECTOR Ai DIRECTOR DIRECTOR Al
Slide 27: Content Pipeline
CONTENT PIPELINE PVR wes ioaurnae DOWNTOWN ABBEY : A NEW ERA CAST MAJOR [TELUGU] PRITHVIRAJ VIKRAM [ TAMIL] CAST cat CAST DIRECTOR S DIRECTOR S DIRECTOR DIRECTOR JURASSIC WORLD: DOMINION CAST MISSION MAJNU GOVINDA NAAM MERA SHER BAGGA [PUNJABI] CASTS CAST CAST DIRECTOR DIRECTOR DIRECTOR DIRECTOR J
Slide 28: Content Pipeline
PVR INVESTOR UPDATE 04 & 12M FY 22 yy m 4 = LIGHTYEAR KHUDA HAAFIZ CHAPTER 2 RAMARAO ON DUTY [TELUGU] ELIS CAST CAST CAST CAST DIRECTOR DIRECTOR DIRECTOR DIRECTOR AYMAN Wu BE JUG JUGG JEEYO JOB! [PUNJABI] MINIONS: THE RISE OF GRU OM : THE BATTLE WITHIN CAST. CAST CAST CAST DIRECTOR DIRECTOR DIRECTOR
Slide 29: Content Pipeline
CONTENT PIPELINE ~ Fieboit +65 ons - ‘THOR: LOVE AND THUNDER EK VILLAIN RETURNS CASTCHRISTIAN BALE CAST JOHN ABRAHAM, TAIKAWAITITI, CHRIS HEMSWORTH ADITYA ROY KAPUR, DISHA PATANI DIRECTOR TAIKA WANTITI DIRECTOR MOHIT SHAMSHERA, NOPE ‘SHAMSHERA CAST DANIEL KALUUYA, CAST RANBIR KAPOOR, KEKE PALMER, ST
Slide 30: Content Pipeline
CONTENT PIPELINE BULLET TRAIN OC LEAGUE OF SUPER PETS CAST BRAD PITT, CAST DWAYNE JOH! JOEY KING, ANDREW KOLI KEVIN HART, KATE MCKINNON DIRECTOR DAVID LEITCH DIRECTOR JARED STERN THANK GOD CAST AJAY DEVGN JDHARTH MALHOTRA, RAKUL PREET DIRECTOR INDRA KUMAR 29
Slide 31: Investor relations contact
For any queries please contact investor relations team: Email ID: investorrelations@pvrcinemas.com