Pvr Inox Limited · NSE:PVRINOX
Pvr Inox — PVR — Q1 FY2020-21 Earnings Presentation
35 slides from Pvr Inox's earnings presentation, Sep 14, 2020
Slide 1: Filing cover letter to stock exchanges
14th September, 2020 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, BandraKurla Complex, PJ Towers, Dalal Street, Bandra (East), Mumbai - 400 051 Fort, Mumbai - 400 001 Fax: 022-265
Slide 2: Investor Update Q1, FY 2020-21
BASIC SLIDES Elementary Layouts INVESTOR UPDATE Q1, FY 2020-21
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 ventures (together, with the “Company”, the “Group”) only, without regard to any specific objectives, suitability, financial situations and n
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 Consolidated Results Summary 5 COVID-19 Current Status and Strategy 12 - Managing Liquidity In A Challenging Environment 13 - Continuous Engagement with Stakeholders 14 - Detailed SOP’s for Cinema Reopening 15 - Update on Cinema Reopening Worldwide 16 Screen Portfolio & Pi
Slide 6: Consolidated Result Summary
CONSOLIDATED RESULT SUMMARY
Slide 7: Results Highlights
Results Highlights Results Highlights – Q1, FY 20-21 vs Q1, FY 19-20 Total Income EBITDA PAT INR Lacs INR Lacs INR Lacs Q1, FY21 1,258 (11,603) (14,107) ------------ 88,716 16,545 4,422 Q1, FY20 Performance for the quarter was impacted led by COVID 19 induced lockdown Note: Above financial numbers a
Slide 8: Consolidated Result Summary – Q1, FY 20-21 vs Q1, FY 19-20
Consolidated Result Summary – Q1, FY 20-21 vs Q1, FY 19-20 Q1, FY 21 Q1, FY 20 Particulars (INR Lacs) Ind-AS 116 Ind-AS 116 Ind-AS 116 Ind-AS 116 Reported Reported Impact Adjusted Impact Adjusted Total Income 5,535 4,277 1,258 88,716 0 88,716 Expenses 12,861 0 12,861 60,181 -11,990 72,171 EBITDA -7,
Slide 9: Income Analysis (Consolidated)
Income Analysis (Consolidated) Q1, FY20-21 vs Q1, FY19-20 vs Q4, FY19-20 Particulars (INR Lacs) Q1, FY 21 Q1, FY 20 % Change Q4, FY 20 % Change Sale of F&B revenue represents revenue from sale of gourmet popcorn under the Income from sale of movie 0 45,659 -100% 32,991 -100% ‘4700BC’ brand from ou
Slide 10: Fixed Expenditure Analysis (Consolidated)
Fixed Expenditure Analysis (Consolidated) Q1, FY20-21 vs Q1, FY19-20 vs Q4, FY19-20 Particulars (INR Lacs) Q1, FY 21 Q1, FY 20 % Change Q4, FY20 % Change Rent and CAM negotiations Screens 845 785 8% 845 0% currently underway (Refer Slide: Seats 1,81,917 1,73,051 5% 1,81,917 0% 10-11 for details) E
Slide 11: Rent & Common Area Maintenance (CAM)
Rent & Common Area Maintenance (CAM) Rent (INR Lacs) No rent or CAM payments being made since beginning of FY. RENT 14,298 13,910 Engaging with developers seeking o waiver for lockdown period o reduced rent / revenue share post opening Amendment to Ind AS – 116 – Leases, dealing with COVID - rel
Slide 12: Other Expenses
Other Expenses Personnel Expenses (INR Lacs) Personnel Expenses: 10,565 Continued manpower rationalisation; headcount reduced 11,073 on Mar 31, 2020 to 7,529 on Jun 30, 2020; 6,376 as on 31st Aug’20 7,648 6,817 Temporary salary cuts of between 25%~ 50% implemented across organisation No increm
Slide 13: COVID-19: Current Status & Strategy
COVID-19 : CURRENT STATUS & STRATEGY 12
Slide 14: Managing Liquidity In A Challenging Environment
Managing Liquidity In A Challenging Environment Maintain Liquidity: Comfortable Debt Metrics: Successfully completed Rights Issue for Gross Debt as on date: ~INR 1267 Cr; an amount of INR 300 crs. Issue subscribed 2.24x ; highest Comfortable credit metrics oversubscription for a rights issue
Slide 15: Continuous Engagement with Stakeholders
Continuous Engagement with Stakeholders 01 - PATRONS 02 - DEVELOPERS 03 - EMPLOYEES 04 - DISTRIBUTORS • Understanding • In active discussion • Protecting Employees • Theatricals account for customer concerns of with developers to our first priority ~75% of the revenue returning to cinemas waive off
Slide 16: Detailed SOP's for Cinema Reopening
Detailed SOP’s for Cinema Reopening https://youtu.be/QDpkrha8btE 15
Slide 17: Update on Cinema Reopening Worldwide
Update on Cinema Reopening Worldwide Cinemas have already re-opened over 70 countries including China, Korea, UK, France, Italy, Mexico, Spain, UAE, USA, Singapore, Malaysia, Saudi Arabia, Sri Lanka Initial box office response in some of the countries where cinemas has been is postive: OPENING C
Slide 18: Screen Portfolio & Pipeline
SCREEN PORTFOLIO & PIPELINE 17
Slide 19: Screen Portfolio
Screen Portfolio1 Punjab Jammu & Kashmir 1 Cinema | 2 Screens 176 CINEMAS 182K SEATS 10 cinemas | 53 screens Chandigarh Uttarakhand 3 cinemas | 15 screens 1 cinema | 5 screens Uttar Pradesh Haryana 9 cinemas | 32 screens 16 cinemas | 79 screens 845 SCREENS 71 CITIES Jharkhand Delhi 2 cinemas | 7 scr
Slide 20: Screen Pipeline (FY21)
Screen Pipeline (FY21) Cities Screens Seats % Complete Mysore 6 1053 95% Faridabad 3 618 95% Kanpur 3 500 95% Lucknow 1 519 95% Gurugram 4 246 90% Jamnagar 3 795 90% Hyderabad 4 929 90% Multiplex - 70% Mumbai 6 868 Drive in - 10% Total 30 5,528 For the above 30 screens, 70-95% work is complete.
Slide 21: Strong Line Up of Movies
STRONG LINE UP OF MOVIES 20
Slide 22: Bollywood Content Pipeline
BOLLYWOOD CONTENT PIPELINE 21
Slide 23: Bollywood Content Pipeline (1/3)
BOLLYWOOD CONTENT PIPELINE (1/3) SANDEEP AUR PINKY 99 SONGS MIMI BAD BOYS FARAAR CAST CAST CAST CAST Arjun Kapoor, Ehan Bhat, Kriti Sanon, Namashi Chakraborty, Parineeti Chopra, Edilsy Vargas, Pankaj Tripathi, Amrin Quershi Tarun Gahlot Lisa Ray Sai Tamhankar DIRECTOR DIRECTOR DIRECTOR DIRECTOR Rajk
Slide 24: Bollywood Content Pipeline (2/3)
BOLLYWOOD CONTENT PIPELINE (2/3) SOORYAVANSHI JHUND 83 TOOFAN CAST CAST CAST CAST Akshay Kumar, Amitabh Bachchan, Ranveer Singh, Farhan Akhtar, Katrina Kaif, Vicky Kadian, Deepika Padukone, Isha Talwar, Anupam Kher Ganesh Deshmukh Tahir Raj Bhasin Paresh Rawal DIRECTOR DIRECTOR DIRECTOR DIRECTOR Roh
Slide 25: Bollywood Content Pipeline (3/3)
BOLLYWOOD CONTENT PIPELINE (3/3) SHAMSHERA BUNTY AUR BABLI 2 HUNGAMA 2 HASEEN DILRUBA CAST CAST CAST CAST Ranbir Kapoor, Rani Mukherji, Shilpa Shetty, Taapsee Pannu, Sanjay Dutt, Saif Ali Khan, Paresh Rawal, Vikrant Massey, Aahana Kumra Siddhant Chaturvedi Meezaan Jaffrey Hansika Motwani DIRECTOR DI
Slide 26: Hollywood Content Pipeline
HOLLYWOOD CONTENT PIPELINE 25
Slide 27: Hollywood Content Pipeline (1/3)
HOLLYWOOD CONTENT PIPELINE (1/3) THE LAST FULL TROLLS WORLD TOUR ORDINARY LOVE FAREWELL MEASURE CAST CAST CAST CAST Jamie Dornan, Samuel . L Jackson, Liam Neeson, Shuzhen Zhao, Anna Kendrick, Jeremy Irvine, Lesley Manville Awkwafina, Justin Timberlake Saebastian Stan X Mayo DIRECTOR DIRECTOR DIRECTO
Slide 28: Hollywood Content Pipeline (2/3)
HOLLYWOOD CONTENT PIPELINE (2/3) THE SECRET: MR JONES BLACK WIDOW NO TIME TO DIE DARE TO DREAM CAST CAST CAST CAST Katie Holmes, James Norton, Scarlett Johansson, Ana de Armas, Josh Lucas, Vanessa Kirby, Florence Pugh, Jeffrey Wright, Jerry O'Connell Peter Sarsgaard Robert Downey Jr. Daniel Craig DI
Slide 29: Hollywood Content Pipeline (3/3)
HOLLYWOOD CONTENT PIPELINE (3/3) GHOSTBUSTERS THE KING”S MAN TOM & JERRY MORBIUS AFTER LIFE CAST CAST CAST CAST Aaron Taylor-Johnson, Finn Wolfhard, Chloë Grace Moretz, Ana de Armas, Gemma Arterton, Mckenna Grace, Michael Peña, Jeffrey Wright, Matthew Goode Carrie Coon Rob Delaney Daniel Craig DIREC
Slide 30: Regional Content Pipeline
REGIONAL CONTENT PIPELINE 29
Slide 31: Regional Content Pipeline (1/4)
REGIONAL CONTENT PIPELINE (1/4) GHYE DOUBLE CHAL MERA PUTT 2 ROBERRT BHOOMI [MARATHI] [PUNJABI] [KANNADA] [TAMIL] CAST CAST CAST CAST Mahesh Manjrekar, Amrinder Gill, Jagapathi Babu, Nidhhi Agerwal, Nana Patekar Simi Chahal, Darshan Thoogudeep, Jayam Ravi, Nasir Chinyoti Asha Bhat Sathish DIRECTOR V
Slide 32: Regional Content Pipeline (2/4)
REGIONAL CONTENT PIPELINE (2/4) GOLGAPPE DADDY COOL MUNDE SEETI MAAR AYYAPPANUM KOSHIYUM [PUNJABI] FOOL 2 [PUNJABI] [TELUGU] [MALAYALAM] CAST CAST CAST CAST Rajat Bedi, Jassi Gill, Digangana Suryavanshi, Prithviraj Sukumaran, Binnu Dhillon, Ranjit Bawa, Tamannaah Bhatia, Biju Menon, Ihana Dhillon Ja
Slide 33: Regional Content Pipeline (3/4)
REGIONAL CONTENT PIPELINE (3/4) QISMAT 2 COBRA PUSHPA THALAIVAR 169 [PUNJABI] [PTAMIL] [TELUGU] [TAMIL] CAST CAST CAST CAST Sargun Mehta, Vikram, Allu Arjun, Rajinikanth, Ammy Virk Srinidhi Shetty, Rashmika Mandhana, Kushboo, Irfan Pathan Vijay Sethupathi Meena, Keerthy DIRECTOR Jagdeep Sidhu DIRECT
Slide 34: Regional Content Pipeline (4/4)
REGIONAL CONTENT PIPELINE (4/4) ACHARAYA JODI PHANTOM 777 - CHARLIE [TELUGU] [PUNJABI] [KANNADA] [KANNADA] CAST CAST CAST CAST Chiranjeevi, Diljit Dosanjh, Kichcha Sudep, Rakshit Shetty, Keerthy Suresh Nimrat Khaira Anup Bhandari, Charlie, Vasuki Vaibhav Sangeetha Sringeri DIRECTOR DIRECTOR DIRECTOR
Slide 35: Thank You
Thank You For any queries please contact investor relations team: Email ID: investorrelations@pvrcinemas.com