Slide 1: Cover letter to stock exchanges
22nd October, 2021 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, Bandra Kurla Complex, PJ Towers, Dalal Street, Bandra (East), Mumbai - 400 051 Fort, Mumbai - 400 001 Fax: 022-2659
Slide 2: Investor Update Q2 & H1, FY 22
INVESTOR UPDATE Q2 & H1, FY 22 October 22nd, 2021 1
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 venture (together, with the “Company”, the “Group”) only, without regard to any specific objectives, suitability, financial situations and ne
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 Screen Portfolio & State Wise Restrictions as on Date 5-6 Key Updates Regarding Performance In Q2 FY’22 7 Green Shoots In Demand Recovery Clearly Visible 8 Consolidated Results Summary 9-13 Financial Results & Analysis 14-20 Properties Launched During the Quarter 21-25 Con
Slide 6: Screen Portfolio
SCREEN PORTFOLIO Punjab Jammu & Kashmir 10 cinemas | 53 screens 1 Cinema | 2 Screens 178 CINEMAS 181K SEATS Chandigarh Uttarakhand 3 cinemas | 15 screens 1 cinema | 5 screens Uttar Pradesh Haryana 18 cinemas | 83 screens 855 SCREENS 72 CITIES 10 cinemas | 39 screens Jharkhand Delhi 2 cinemas | 7 scr
Slide 7: State Wise Restrictions as on Date
STATE WISE RESTRICTIONS AS ON DATE States Conditional Approval Properties Screens Telangana 100% capacity 11 62 Rajasthan 100% capacity. Open till 10pm. Guests vaccinated with atleast 1 dose 3 10 Karnataka 100% capacity. Open till 10 pm. 16 109 Andhra Pradesh 100% capacity. Open till 12 am. 2 9 Punj
Slide 8: Key Updates
KEY UPDATES Re-started operations from 30th July onwards; Operational Screens as of 30th Sep’21 were 588. Content flow from Hollywood and regional movie industry led the operating performance with movies such as ‘Shang- Chi’, ‘F9’, Bell Bottom ,‘Chal Mera Putt 2 & 3’, ‘Qismat 2’, ‘Love Story’ an
Slide 9: Green Shoots in Demand Recovery Clearly Visible
GREEN SHOOTS IN DEMAND RECOVERY CLEARLY VISIBLE % weekly footfalls vis à vis average weekly footfalls for Pre Pandemic period (average of FY’20)* 68.0% Region (Week 12) Recovery % South 83% North 62% The Suicide Squad East 39% 46.0% 46.7% 43.6% West 29% SR 41.7% Kalyanaman dapam: Est. Total 68% 1975
Slide 10: Consolidated Result Summary
CONSOLIDATED RESULT SUMMARY
Slide 11: Results Highlights
RESULTS HIGHLIGHTS Results Highlights – Q2, FY 22 vs Q2, FY 21 INR Lacs Total Income EBITDA PAT Q2, FY22 14,203 (9,364) (15,954) ------------ 4,359 (8,101) (11,617) Q2, FY21 Results Highlights – H1, FY 22 vs H1, FY 21 Total Income EBITDA PAT H1, FY22 21,290 (20,349) (30,146) ------------ 5,617 (19,7
Slide 12: Consolidated Result Summary – Q2 FY22 vs Q2 FY21
CONSOLIDATED RESULT SUMMARY – Q2, FY 22 VS Q2, FY 21 Q2, FY 22 Q2, FY 21 Particulars (INR Lacs) Ind-AS 116 Ind-AS 116 Ind-AS 116 Ind-AS 116 Reported Reported Impact Adjusted Impact Adjusted Total Income 27,521 [1] 13,318 14,203 11,061 6,702 4,359 Expenses 18,845 (4,722) 23,567 12,461 0 12,461 EBITDA
Slide 13: Consolidated Result Summary – H1 FY22 vs H1 FY21
CONSOLIDATED RESULT SUMMARY – H1, FY 22 VS H1, FY 21 H1, FY 22 H1, FY 21 Particulars (INR Lacs) Ind-AS 116 Ind-AS 116 Ind-AS 116 Ind-AS 116 Reported Reported Impact Adjusted Impact Adjusted Total Income 36,776 [1] 15,486 21,290 16,596 10,979 5,617 Expenses 33,877 (7,762) 41,639 25,322 0 25,322 EBITD
Slide 14: Financial Results & Analysis
Financial Results & Analysis 13
Slide 15: Income Analysis (Consolidated)
INCOME ANALYSIS (CONSOLIDATED) Q2, FY 22 vs Q2, FY 20; H1, FY 22 vs H1, FY 21 Particulars Q2, FY 22 Q2, FY 21 Q1, FY 22 % Change H1, FY 22 H1, FY 21 Operating Numbers Admits (Lacs) 32 NM 15 114% 46 NM ATP (INR) 203 NM 191 6% 196 NM SPH (INR) 128 NM 96 34.3% 118 NM Financials (INR Lacs) Sale of Movie
Slide 16: Fixed Expenditure Analysis (Consolidated)
FIXED EXPENDITURE ANALYSIS (CONSOLIDATED) Q2, FY 22 vs Q2, FY 21 vs Q1 FY 22; H1, FY 22 vs H1, FY 21 Particulars (INR Lacs) Q2, FY 22 Q2, FY 21 % Change Q1, FY 22 % Change H1, FY 22 H1, FY 21 % Change Rent 4,734 0 NM 3,054 55% 7,788 0 NM CAM 2,680 2,571 4% 3,246 -17% 5,926 5,373 10% Personnel 5,597
Slide 17: Update on Rental & CAM Negotiations
UPDATE ON RENTAL & CAM NEGOTIATIONS Rent (INR Lacs) Rent 29,139 Successfully concluded discussions with landlord partners for rental waivers / discounts in respect of 80% properties. -73% Expect negotiation to get completed for balance properties soon 7,788 Achieved rental discount to the tune o
Slide 18: Other Fixed Overheads Also Under Control
OTHER FIXED OVERHEADS ALSO UNDER CONTROL Personnel (INR Lacs) Personnel -48% 21,059 Maintained personnel cost at similar levels as Q1 FY 22 even with 2 months of operations 10,907 10,886 5,597 5,310 4,069 Q2, FY 22 Q1, FY 22 Q2, FY 21 H1 FY'22 H1 FY'21 H1 FY'20 Other Expenses ^ (INR Lacs) 18,781 O
Slide 19: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Reported Particulars (INR Lacs) September 30, 2021 March 31, 2021 Total Shareholder funds 1,46,873 1,83,340 Equity Share Capital 6,084 6,076 Other Equity 1,40,812 1,77,263 Non-Controlling Interest -23 1 Total Debt 1,59,355 1,35,193 Net Debt (INR Lacs) September 30, 2021 Ma
Slide 20: Proforma Cash Flow
PROFORMA CASH FLOW Particulars (INR Lacs) H1 FY 22 FY 21 Profit / (loss) before tax (40,029) (81,192) Add : Depreciation 11,972 23,829 Add: Finance Cost (including Bank charges) 7,708 14,901 Add : Share in JV 0 59 EBITDA (20,349) (42,403) Add: Refund of Taxes 838 724 Less : Working capital and other
Slide 21: Properties Launched During the Quarter
PROPERTIES LAUNCHED DURING THE QUARTER 20
Slide 22: Director's Cut, Ambience Mall, Gurgaon
Director’s Cut, Ambience Mall, Gurgaon 21
Slide 23: Maison, Jio Drive Mall, Mumbai
Maison, Jio Drive Mall, Mumbai PROPERTIES LAUNCHED DURING THE QUARTER 22
Slide 24: Priya Cinema, Delhi
Priya Cinema, Delhi PROPERTIES LAUNCHED DURING THE QUARTER 23
Slide 25: PVR Anupam, Saket, Delhi
PVR Anupam, Saket, Delhi 24 24
Slide 26: Strong Line Up of Movies
STRONG LINE UP OF MOVIES Release calendar is as per the release dates announced as on date and is subject to change. 25
Slide 27: Bollywood Content Pipeline
BOLLYWOOD CONTENT PIPELINE RELEASE DATE MOVIE GENRE DIRECTOR CAST 22-Oct-21 BHAVAI DRAMA HARDIK GAJJAR PRATIK GANDHI, ARINDITA RAY AGNIDEV SHARMAN JOSHI, POOJA CHOPRA ,TEJASHRI 22-Oct-21 BABLOO BACHELOR DRAMA CHATTERJEE PRADHAN AKSHAY KUMAR, KATRINA KAIF,RANVEER 05-Nov-21 SOORYAVANSHI ACTION ROHIT S
Slide 28: Bollywood Content Pipeline
BOLLYWOOD CONTENT PIPELINE RELEASE DATE MOVIE GENRE DIRECTOR CAST ACTION, DRAMA , CHANDRAPRAKASH 21-Jan-22 PRITHVIRAJ AKSHAY KUMAR, MANUSHI CHHILLAR HISTORY DWIVEDI 11-Feb-22 LAAL SINGH CHADDHA DRAMA ADVAIT CHANDAN AAMIR KHAN, KAREENA KAPOOR KHAN RADHA KRISHNA 14-Jan-22 RADHE SHYAM ROMANCE PRABHAS,
Slide 29: Bollywood Content Pipeline
BOLLYWOOD CONTENT PIPELINE RELEASE DATE MOVIE GENRE DIRECTOR CAST RELEASE DATE TO BE DECIDED TBD BAD BOYS DRAMA RAJKUMAR SANTOSHI NAMASHI CHAKRABORTY, AMRIN QUERSHI TBD BADNAAM ROMANCE KRISHNA BHATT MOHIT SEHGAL, PRIYANKA GHOR TBD JHUND BIOGRAPHY, DRAMA NAGRAJ MANJULE AMITABH BACHCHAN ABHIMANYU DASS
Slide 30: Hollywood Content Pipeline
HOLLYWOOD CONTENT PIPELINE RELEASE DATE MOVIE GENRE DIRECTOR CAST BEN AFFLECK, MATT DAMON, ADAM 22-Oct-21 THE LAST DUEL DRAMA RIDLEY SCOTT DRIVER, JODIE COMER, DUNE TIMOTHEE CHALAMET, REBECCA FERGUSON, 22-Oct-21 ADVENTURE, DRAMA DENIS VILLENEUVE (IMAX/3D/ 4DX/DBOX) OSCAR ISAAC, JOSH BROLIN JAMIE LEE
Slide 31: Hollywood Content Pipeline
HOLLYWOOD CONTENT PIPELINE RELEASE DATE MOVIE GENRE DIRECTOR CAST 10-Dec-21 THE CONTRACTOR THRILLER, ACTION TARIK SALEH CHRIS PINE, BEN FOSTER, GILLIAN JACOBS ANSEL ELGORT, RACHEL ZEGLER, ARIANA CRIME, DRAMA, 10-Dec-21 WEST SIDE STORY STEVEN SPIELBERG DEBOSE, DAVID ALVAREZ, MIKE FAIST, COREY MUSICAL
Slide 32: Hollywood Content Pipeline
HOLLYWOOD CONTENT PIPELINE RELEASE DATE MOVIE GENRE DIRECTOR CAST TOM BATEMAN, ANNETTE BENING, GAL DEATH ON THE NILE CRIME, DRAMA, 11-Feb-22 KENNETH BRANAGH GADOT,KENNETH BRANAGH, RUSSELL BRAND,ALI (IMAX) MYSTERY FAZAL ANIMATION, WILL ARNETT, TERRY CREWS, GERALDINE 18-Feb-22 RUMBLE HAMISH GRIEVE COM
Slide 33: Regional Content Pipeline
REGIONAL CONTENT PIPELINE RELEASE DATE MOVIE LANGUAGE GENRE DIRECTOR CAST TARNVIR SINGH SIDHU MOOSEWALA, MANDY 22-Oct-21 YES I AM STUDENT PUNJABI DRAMA JAGPAL TAKHAR, MALKIET RAUNI 22-Oct-21 VARUDU KAAVALENU TELUGU ROMANCE LAKSHMI SOWJANYA NAGA SHOURYA, RITU VARMA 29-Oct-21 BHAJARANGI 2 KANNADA FANT
Slide 34: Regional Content Pipeline
REGIONAL CONTENT PIPELINE RELEASE DATE MOVIE LANGUAGE GENRE DIRECTOR CAST SANTOSH 12-Nov-21 LAKSHYA TELUGU ACTION, SPORTS NAGA SHOURYA, KETIKA SHARMA JAGARLAPUDI 12-Nov-21 HATERZ PUNJABI DRAMA MANPREET BRAR PUKHRAJ BHALLA, PRABH GREWAL GIPPY GREWAL, DHEERAJ KUMAR, 19-Nov-21 WARNING PUNJABI DRAMA AMA
Slide 35: Regional Content Pipeline
REGIONAL CONTENT PIPELINE RELEASE DATE MOVIE LANGUAGE GENRE DIRECTOR CAST 17-Dec-21 PUSHPA THE RISE PART 1 TELUGU ACTION, DRAMA SUKUMAR ALLU ARJUN VIKRANT RONA/ KICHA SUDEEP, NIRUP BANDARI , 23-Dec-21 PHANTOM KANNADA DRAMA, THRILLER ANUP BHANDARI NEETHA ASHOK (3D) NANDITA ROY, RITUPARNA SENGUPTA, SO
Slide 36: Regional Content Pipeline
REGIONAL CONTENT PIPELINE RELEASE DATE MOVIE LANGUAGE GENRE DIRECTOR CAST TELUGU, MALAYALAM, DRAMA, PATRIOTIC, N.T RAMA RAO JR, RAM CHARAN, 07-Jan-22 RRR S.S RAJAMOULI KANNADA, PERIOD ALIA BHATT, DAISY EDGAR JONES TAMIL, HINDI NEERU BAJWA, ARSHI KHATKAR, 07-Nov-22 SNOWMAN PUNJABI DRAMA RANA RANBIR J
Slide 37: Regional Content Pipeline
REGIONAL CONTENT PIPELINE RELEASE DATE MOVIE LANGUAGE GENRE DIRECTOR CAST KANNADA, TAMIL, TELUGU, UPENDRA RAO, KAJAL AGARWAL, 11-Feb-22 KABZAA MALAYALAM, ACTION R CHANDRU KICHCHA SUDEEP ,MANOH BAJPAI HINDI, ODIA, MARATHI 18-Feb-22 INDRU NETRU NALAI 2 TAMIL SCI- FIC KARTHICK VISHNU VISHAL , KARUNAKAR
Slide 38: Investor relations contact
For any queries please contact investor relations team: Email ID: investorrelations@pvrcinemas.com