Digikore Studios Limited · NSE:DIGIKORE
Digikore Studios — Investor Presentation (January 2024)
42 slides from Digikore Studios's investor presentation, Jan 8, 2024
Slide 1: Regulation 30 intimation letter to NSE
January 08, 2024 Ref: DSL/28/2023-24/NSE To, The Manager, National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 NSE Symbol: DIGIKORE ISIN: INE0QJ901011 Subject: Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement
Slide 2: H1 FY24 Investor Presentation
Visual Effects for Film | Streaming | Television | Commercials H1 FY24 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation or any other documentation or information (orany part thereof) delivered or supplied should not be deemed to constitute prospectus or placement memorandum or an offer to acquire any securities. N o representation or warranty, express or implied is made as to, and no relia
Slide 4: Company Overview
Company Overview
Slide 5: Digikore Studios @ A Glance
Digikore Studios @ A Glance 23 + Founded on July 25, 2000, Digikore Studios FY23 Limited (Digikore, The Company) is a Revenues - ₹ 36.92 Cr Years in the International Media leading VFX hub based in India. EBITDA - ₹ 7.00 Cr Industry Net Profit - ₹ 3.89 Cr Specializing in Visual Effects for Films, We
Slide 6: Unmatched Excellence – USP
Unmatched Excellence – USP Approved Partner TPN Certified Excellent Team in Place Projects Delivered Content Production Approved for projects by TPN is an audits certificate, Over 350+ of talent pool, Key Worked on Films, Series, The hyper growth in OTT Disney / Marvel, Netflix, that the facility ha
Slide 7: A Timeline Of Digikore Studios Solutions
A Timeline Of Digikore Studios Solutions Digikore forays into Digikore becomes a TPN Coloring of Comics Listed on the NSE SME audited, Netflix and Amazon platform in October Digikore Studios approved VFX studio Private Limited 2023, with its IPO incorporated in subscription reaching Digikore forays
Slide 8: Importance Of Visual Effects
Importance Of Visual Effects Visual Effects is an absolutely critical component of all filmed entertainment and often plays a substantial role in the over reception and perception of a project. Nearly every film, tv show, streaming content and tv commercial produced today includes a significant port
Slide 9: Embracing Creativity: A Glimpse into Digikore Studios' Inspiring Workspaces
Embracing Creativity: A Glimpse into Digikore Studios' Inspiring Workspaces Pune Office Office Area No Of Employees 11,500 Sq Ft 450+ Step into the heart of Digikore Studios, where our meticulously designed workspaces fuel creativity and collaboration. From dynamic communal zones to innovative works
Slide 10: Trusted By Industry Icons
Trusted By Industry Icons Investor Presentation 9
Slide 11: Voices Of Approval: Client Testimonials
Voices Of Approval: Client Testimonials Craig Mumma Karen Goulekas Robert Lau VFX Supervisor – Stranger Things, The Last Ship, The VFX Supervisor - Looper, The Green Lantern, Department Manager (Roto/Paint) Amazing Spider-Man 2, Edge, Deep Blue Sea Spiderman, The 5th Element, Apollo 13 Zoic Studios
Slide 12: Business Overview
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Slide 13: Delivering Value Through Services
Delivering Value Through Services Rotoscopy is a crucial technique in VFX, tracing liveaction frames to create precise mattes, separating foreground from Rotoscopy background, and allowing selective enhancements. It also creates detailed animations and matches virtual camera/object movement to live
Slide 14: Delivering Value Through Services
Delivering Value Through Services Driving composites combine live-action footage and computer-generated elements to create authentic driving scenes, Driving Comps used in film and television for simulating vehicular movement and post-production VFX enhancement for a genuine on-location feel. Day-to-
Slide 15: Key VFX Techniques & Technologies Used By Our Company
Key VFX Techniques & Technologies Used By Our Company Autodesk Maya Nuke 3D Equalizer Silhouette Blender Autodesk Maya is a popular 3D Nuke is a popular compositing 3D Equalizer is a top-tier VFX Boris FX's Silhouette software Blender is an open-source 3D application used for creating software used
Slide 16: Key VFX Techniques & Technologies Used By Our Company
Key VFX Techniques & Technologies Used By Our Company Cloud Platforms Arch Deadline For Rendering Adobe Aspera Unreal engine The cloud-based solution aids in Think box Software's Deadline is Adobe software, including After IBM Aspera is a high-speed file Unreal Engine is a key tool in architectural
Slide 17: Global Foot Print
Global Foot Print Canada Norway UK Denmark Netherlands USA Germany France Spain Italy South Korea India Singapore Australia New Zealand Investor Presentation 16
Slide 18: Digikore's Portfolio Of Popular Films & Series
Digikore’s Portfolio Of Popular Films & Series Visual Effects for Film | Streaming | Television | Commercials Investor Presentation 17
Slide 19: Management Overview
Management Overview
Slide 20: Driving Our Mission: Board Leadership
Driving Our Mission: Board Leadership Mr. Abhishek More Mr. Rameshkumar More Mr. Aqueel Mehboob Merchant Managing Director Non-Executive Director Additional Independent Director With 23+ years in film and TV content production, With over 50 years of entrepreneurial experience, With 22 years of profe
Slide 21: Driving Our Mission: Board Leadership
Driving Our Mission: Board Leadership Ms. Megha Virendra Raval Mrs. Heny Pahuja Mr. Shrinivas Lakhichand Behede Additional Independent Director Company Secretary & Compliance Officer Chief Financial Officer With over 14 years of experience in the field, she is With over 7 years of experience, she ho
Slide 22: Driving Force: Core Team Overview
Driving Force: Core Team Overview Abhishek More Mr. Nitin Bhartia Mohit Salunkhe Founder and CEO General Manager of Digikore Digital VFX Producer Proven leader with 23+ years of experience in content Nitin Bhartia, a 36-year-old General Manager of Digikore Worked on VFX for 100+ Hollywood and Bollyw
Slide 23: Industry Overview
Industry Overview
Slide 24: Global VFX Market Size And Outlook
Global VFX Market Size And Outlook o VFX is a process by which imagery is Simulation FX Film created or manipulated outside the Animation By By Television context of a live-action shot in filmmaking and video production. The integration of Modelling Product Application Gaming live-action footage and
Slide 25: Industry Growth Drivers
Industry Growth Drivers o India now provides turnkey services, covering pre-visualization to final The segment grew 29% in 2022 rendering, increasing the value and volume of work. o Tentpole movies heavily rely on VFX and continue to attract audiences in theaters and on OTT platforms worldwide. o Ep
Slide 26: Content Production Market Size
Content Production Market Size The VFX market is growing exponentially driven by the growth in content production by streaming services. There is an abundance of major over- the-top (streaming) platforms vying for the same attention spans. The result will be upwards of $50 billion spent on content b
Slide 27: Factors Driving Growth In The Global VFX Industry
Factors Driving Growth In The Global VFX Industry o The global VFX industry is experiencing rapid growth, driven by a variety of factors. One of the main drivers is the increasing demand for high-quality content, especially in the entertainment and media industries. o This demand has also been ampli
Slide 28: Factors Driving Growth In The Global VFX Industry
Factors Driving Growth In The Global VFX Industry o India has the world’s second-largest entertainment market. According to Boston Consulting Group (BCG) and the Confederation of Indian Industries (CII) research, the Indian animation and visual effects industry has the potential to grab 20 to 25% of
Slide 29: Financial Overview
Financial Overview
Slide 30: Key Financial Highlights
Key Financial Highlights (In ₹) (In ₹) (In %) Total Income EBITDA Net Profit EBITDA % Net Profit % 36.92 18.97 7.00 16.5 24.88 10.54 3.89 9.49 2.36 6.16 1.02 0.47 1.87 0.02 0.29 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 Note: FY21 figures are on standalone basis All Figures In ₹ Cr & Margin In %
Slide 31: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY21 FY22 FY23 Net Sales 4.87 24.88 35.81 Other Income 1.28 0.00 1.12 Total Income 6.16 24.88 36.92 Expenses Employee Cost 1.63 5.39 11.65 Other Expenses 3.51 17.13 18.27 Total Expenditure 5.14 22.52 29.92 EBIDTA 1.02 2.36 7.00 EBIDTA Margin (%) 16.50% 9.4
Slide 32: Balance Sheet
Balance Sheet In ₹ Cr Equities & Liabilities FY21 FY22 FY23 Assets FY21 FY22 FY23 Equity 1.18 1.18 1.18 Non Current Assets Reserves -0.11 0.35 4.24 Fixed Assets 1.38 2.75 4.82 Net Worth 1.07 1.53 5.43 Minority Interest Non Current Investment 1.44 1.44 1.44 Non current Liabilities Long Term Loans & A
Slide 33: Cash Flow Statement
Cash Flow Statement In ₹ Cr Particulars FY21 FY22 FY23 Cash From Operation 1.87 4.17 1.37 Cash From Investments -1.51 -2.29 -3.10 Cash From Financing -0.35 -1.89 1.87 Net Cash Flow 0.00 -0.01 0.14 Opening Cash Balance 0.02 0.03 0.01 Closing Cash Balance 0.03 0.01 0.15 Note: FY21 figures are on stand
Slide 34: Key Ratios
Key Ratios ROE (In %) ROCE (In %) 71.72 49.96 25.94 30.32 12.23 1.68 FY21 FY22 FY23 FY21 FY22 FY23 EPS (In ₹) Book Value (In ₹) 32.87 8.57 2.42 1.69 3.93 0.15 FY21 FY22 FY23 FY21 FY22 FY23 Note: FY21 figures are on standalone basis Investor Presentation 33
Slide 35: Key Ratios
Key Ratios (In Times) (In Times) Fixed Asset Turnover Ratio Interest Coverage Ratio 9.04 8.28 7.44 3.62 3.54 1.04 FY21 FY22 FY23 FY21 FY22 FY23 Debt to Equity (In Times) Current Ratio (In Times) 4.66 0.87 0.77 2.28 0.45 1.12 FY21 FY22 FY23 FY21 FY22 FY23 Note: FY21 figures are on standalone basis In
Slide 36: Revenue Distribution
Revenue Distribution FY21 FY22 FY23 North America 2% 1% 11% 16% Europe North America North America 41.82% 46.47% Europe 15% Europe Australia & New Zealand ROW ROW 69% 86% ROW 11.59% North America Europe Australia & New Zealand ROW Top 10 Client Top 5 Client 76% 75% 90% 88% 62% 45% FY21 FY22 FY23 FY2
Slide 37: Other Key Matrix
Other Key Matrix Client Matrix For FY23 of Total Client Repeat Client Compared to Previous Year Age of Client No. of Repeat Client FY22 FY23 3 20 24 34 2 34 Manpower Matrix FY21 FY22 FY23 Head Count 70 192 380+ Avg. Revenue Per Head (INR Mn) 0.89 1.41 0.86 Total Man days per Year 14,476 31,812 99,48
Slide 38: Stock Data
Stock Data As on 26-12-2023 As on 30-09-2023 NSE: DIGIKORE Shareholding Pattern Share Price ₹ 352.70 Market Capitalization ₹ Cr 223.36 33.47 No. of Share Outstanding 63,32,800 66.54 Face Value ₹ 10.00 52 week High-Low (₹) 413.00 - 255.90 Promoter & Promoter Group Public Share Performance From 4th Oc
Slide 39: The Way Forward
The Way Forward
Slide 40: Beyond Horizons: Crafting Our Future Growth Path
Beyond Horizons: Crafting Our Future Growth Path The fund raise will help us setup a VFX production facility in North America which will help us achieve a revenue of over US$ 25 million in VFX by 2026. Due to the rising internet penetration, over- the-top (OTT) media services, such as Amazon Prime V
Slide 41: Beyond Borders: Our Strategic Business Roadmap for Canada
Beyond Borders: Our Strategic Business Roadmap for Canada $50 billion Average Approximate Average VFX worth of Production number of spend on a Television and budget of a Series / 10 episode Streaming 10 episodes Seasons series content series estimated to be estimated at production in (season) is pro
Slide 42: Thank You
Thank You Digikore Studios Limited Kirin Advisors Private Limited 410/2, 713-B, Lodha Supremus II, Mumbai – Pune Road, Dapodi, Wagle Estate, Pune – 411012, India Thane West – 400 604 E-mail: cs@digikore.com E-mail: info@kirinadvisors.com Phone: 020 3555 3555 Phone: 022 4100 2455 Website: www.digikor
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