Ufo Moviez India Ltd. · NSE:UFO
Ufo Moviez India — Q1 FY16 Earnings Presentation
26 slides from Ufo Moviez India's earnings presentation, Aug 12, 2015
Slide 1: Q1 FY16 Results Presentation
Q1 FY16 Results Presentation August 12, 2015
Slide 2: Safe Harbour
Safe Harbour The presentation has been prepared by UFO Moviez India Limited together with its subsidiaries (the “Company”), are for informational purposes only and do not constitute or form part of an offer, solicitation or invitation of any offer to purchase or subscribe for any securities of the C
Slide 3: UFO Moviez at a Glance
UFO Moviez at a Glance India’s Largest Digital Cinema Network and In-Cinema Advertising Platform Indian Film Industry’s Largest India’s Largest In-cinema Content Distribution Highway High Impact Advertising Platform 4,965* 3,728 Digital Screens in India In Cinema Advertising Screens ~2.18 million wi
Slide 4: UFO's Innovative Solution for Analog Cinema Market
UFO’s Innovative Solution for Analog Cinema Market Analog Cinema Era beset with … UFO’s Innovative Solution Issues… Satellite Delivery ‘Solution provider’, not In-cinema Advertising of Cinema ‘Product provider’ proposition Satellite Solution Viewers Pan India movie release End to end technology Conn
Slide 5: Philosophy – Value Creation Across the Value Chain
Philosophy – Value Creation Across the Value Chain Digitization has redefined film economics by enabling pan-India releases on day one and improving viewing experience. Aggregated ad inventory across a fragmented exhibitor base has created a unique ad platform with high effectiveness and reach. UFO
Slide 6: Our vision
Our vision Recreating Growth Lever Creating additional UFO customer base in India by providing end-to-end Consulting Phase VII Services to Local Entrepreneur to develop greenfield exhibition centers Leveraging Phase Leveraging on Existing Infrastructure Phase VI to build newer Synergetic Businesses
Slide 7: Capital Intensity, Efficiency, Allocation – Shareholder Value Creation
Shareholder Value Creation • Initial high capital intensity over; poised to generate higher revenues with Capital Intensity – lower incremental capex. Capital Efficiency – • Network Effect and Operational Efficiencies lead to increasing RoCE. Capital Allocation – • Intent to grow only in synergistic
Slide 8: Financial and Operating Highlights
Financial and Operating Highlights 7
Slide 9: Consolidated Financial Highlights
Consolidated Financial Highlights Total Revenue (INR Million) EBITDA (INR Million) & Margin (%) 33.9% 1,306 31.1% 1,059 406 359 23.3% 13.1% Q1FY15 Q1FY16 Q1FY15 Q1FY16 PBT (INR Million) & Margin (%) PAT* (INR Million) & Margin (%) 14.0% 10.1% 12.0% 183 7.6% 133 127 80 43.8% 65.5% Q1FY15 Q1FY16 Q1FY1
Slide 10: Driving Wide Spread Release of Movies on UFO Network
Driving Wide Spread Release of Movies on UFO Network Top 10 Hindi Top 10 Telugu Release # of Release # of Movie Movie Date Screens Date Screens 1-May GABBAR IS BACK 2,485 10-Apr S/O. SATYA MURTHY 792 19-Jun ABCD ANY BODY CAN DANCE 2 (2D) 2,315 15-May N.B.K. LION 548 5-Jun DIL DHADAKNE DO 2,061 27-Ma
Slide 11: Driving Wide Spread Release of Movies on UFO Network
Driving Wide Spread Release of Movies on UFO Network Top 10 Malyalam Top 10 Kannada Release # of Release # of Movie Movie Date Screens Date Screens 27-Mar ENNUM EPPOZHUM 239 5-Jun RANNA 218 17-Apr BHASKAR THE RASCAL 227 10-Apr RANAVIKRAMA 203 29-May PREMAM 224 20-Mar KRISHNA LEELA 185 27-Mar ORU VAD
Slide 12: Consolidated Revenue Mix
Consolidated Revenue Mix (INR Million) (INR Million) Q1FY15 Q1FY16 193 363 267 353 18% 28% 25% 27% 1,303 1,055 587 595 45% 57% Exhibitors Revenue Distributor Revenue Advertisement Revenue (in Rs. Million) Q1FY16 Q1FY15 Growth Advertisement revenue 363 193 87.7% Virtual Print Fees - E-Cinema 228 200
Slide 13: In Cinema Advertising Performance
In Cinema Advertising Performance 12
Slide 14: In Cinema Advertisement Operating Parameter
In Cinema Advertisement Operating Parameter in Million Seats # of UFO Screens Full House Seating 3,694 3,728 Capacity – Annualised* 2,680 2,630 Q1FY15 Q1FY16 Q1FY15 Q1FY16 Top 50 Cities Rest of India Q1FY16 Multiplex Single Multiplex Single # of UFO Screens 372 502 449 2,405 *Full House Seating Capa
Slide 15: Advertisement Revenue Analysis
Advertisement Revenue Analysis In Rs. Million Government + PSU Corporate + Retail 363 58% 193 57% 42% 43% Q1FY15 Q1FY16 * In Cinema Advertisement Q1FY16 Q1FY15 # of Screens with Ad Rights 3,728 3,694 Ad Revenue / Screen for the quarter (Avg) (Rs.) 93,098 53,085 Average # of minutes sold / show / Ad
Slide 16: Theatrical Revenues
UFO a digital cinema Theatrical Revenues
Slide 17: Theatrical revenues from Distributors
Theatrical revenues from Distributors E – Cinema - VPF Domestic Revenue (INR Million) 228 223 200 197 Gross Revenue Net Revenue Q1FY15 Q1FY16 D – Cinema - VPF Domestic Revenue (INR Million) International Revenue (INR Million) 238 196 148 183 141 138 48 49 Q1FY15 Q1FY16 Q1FY15 Q1FY16 Domestic revenue
Slide 18: Operating Parameter – VPF Revenue India
Operating Parameter – VPF Revenue India # of Screens * Q1FY16 Q1FY15 E – Cinema 3,504 3,437 D – Cinema 1,461 1,438 Total 4,965 4,875 * Total # of Screens as on March 31, 2015 VPF Revenue / Screen (Average**) (in Rs.) Q1FY16 Q1FY15 E – Cinema Gross 64,674 59,007 E – Cinema Net 63,282 58,203 D – Cinem
Slide 19: Operating Parameter – VPF Revenue International
Operating Parameter – VPF Revenue International Number of Screens Q1FY16 Q1FY15 Total 850 821 * Total # of Screens as on March 31, 2015 VPF Revenue / Screen (Average) (in Rs.) Q1FY16 Q1FY15 D – Cinema Gross 175,405 173,750 D – Cinema Net 57,642 59,389 Total number of Screens includes Middle East and
Slide 20: Rental Revenues from Exhibitors and Ad Revenue Share
Rental Revenues from Exhibitors and Ad Revenue Share Lease Rental (INR Million) 135 124 85% 65% Q1FY15 Q1FY16 Lease Rental Ad Revenue Share paid to Exhibitors as a % of Lease Rental 19
Slide 21: Hollywood on E-Cinema in India
Hollywood on E-Cinema in India Hollywood Studio released English movies on E Cinema for the first time Fast and Furious 7 Released on April 2, 2015 across 1,598 E-Cinema Screens on UFO Jurassic World Released on June 12, 2015 across 1,543 E-Cinema Screens on UFO The only Hollywood movies to enter th
Slide 22: Financial Performance
UFO a digital cinema Financial Performance
Slide 23: Consolidated Results
Consolidated Results (in Rs. Million) Q1FY16 Q1FY15 Growth Revenue from Operations 1,303 1,055 23.5% Other Income 2 4 -35.7% Total Revenue 1,306 1,059 23.3% Total Expenses 900 700 28.6% EBITDA 406 359 13.1% EBITDA Margin 31.1% 33.9% Depreciation and Amortisation 192 183 4.8% EBIT 214 176 21.6% Finan
Slide 24: Consolidated Expenditure Analysis
Consolidated Expenditure Analysis Expenses as a % of Total Revenue Q1FY16 Q1FY15 1) Total Operating Direct Cost 43.3% 39.0% Key Operating Direct Cost Components i) Advertisement revenue share payment 8.8% 7.6% ii) VPF D-Cinema share payment to D-Cinema Exhibitors 12.4% 14.3% iii) Purchase of Equipme
Slide 25: Shareholding
Shareholding Marquee Institutional Investors June 30, (% of Total Capital) 2015 SBI Mutual Fund Promoters 28.90% Reliance Capital Asset Management Foreign Venture Capital Investors 20.28% PineBridge Investments Amundi Asset Management FII 8.99% Jupiter Fund Management DII 12.71% Nomura Singapore Lim
Slide 26: About Us
About Us UFO Moviez India Limited UFO Moviez India Limited (BSE Code: 539141; NSE Code: UFO) is India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens. UFO operates India’s largest satellite-based, digital cinema distribution network usin