Ufo Moviez India Ltd. · NSE:UFO
Ufo Moviez India — Q4 FY24 Earnings Presentation
23 slides from Ufo Moviez India's earnings presentation
Slide 1: Results Presentation Q4&12M FY'24
Your Logo Results Presentation Q4&12M FY’24
Slide 2: Safe Harbour
Safe Harbour The presentation has been prepared by UFO Moviez India Limited together with its subsidiaries (the “Company”), for informational purpose only and does not constitute or form part of an offer, solicitation or invitation of any offer to purchase or subscribe for any securities of the Comp
Slide 3: UFO Moviez at a Glance
UFO Moviez at a Glance 3,859 1,410 High Impact Cities & Towns Ad Screens Across India 2,117 Power to Impact Movies upto 1.9 billion Digitally Viewers Delivered Annually in FY24 3
Slide 4: UFO's Offerings
UFO’s Offerings Cinema Value Chain UFO’s Offering Advantage Revenue Stream Content Digitization Producer Digitization Fee Satellite or Content Delivery Physical Cost & Time Distributor Charges & VPF Delivery of Arbitrage Service Revenue Content Fixed Rental / Cinema Sale of Exhibitor Equipment for E
Slide 5: Financial & Operating Highlights
Financial & Operating Highlights
Slide 6: Consolidated Financial Highlights (1/2)
Consolidated Financial Highlights (1/2) Q4FY24 vs Q4FY23 (INR Mn) Total Revenue EBITDA 1,192 884 166 115 35% 44% Q4FY24 Q4FY23 Q4FY24* Q4FY23 PBT PAT 60 76 L2P -12 L2P -7 Q4FY24 Q4FY23 Q4FY24 Q4FY23 *Q4FY24 EBITDA is before considering provision of Rs. 14mn, towards provisioning for impairment of an
Slide 7: Consolidated Financial Highlights (2/2)
Consolidated Financial Highlights (2/2) FY24 vs FY23 (INR Mn) Total Revenue EBITDA 690 4,101 3,978 368 3% 88% FY24 FY23 FY24* FY23* PBT PAT 227 164 L2P L2P -132 -145 FY24^ FY23 FY24^ FY23 *FY24 and FY23 EBITDA is before considering provision of Rs. 14mn and Rs.29mn respectively, towards provisioning
Slide 8: Consolidated Revenue Mix
Consolidated Revenue Mix (INR Mn) Q4FY24 Q4FY23 309 248 26% 28% 350 569 40% 1,187 48% 879 308 26% 281 32% Advertisement Revenue Distributor Revenue Exhibitor Revenue YoY % (INR Mn) Q4FY24 Q4FY23 Change Advertisement Revenue (i) 309 248 24% - In-Cinema Advertisement Revenue 265 247 8% - Corporate + H
Slide 9: Consolidated Revenue Mix
Consolidated Revenue Mix (INR Mn) FY24 FY23 755 1,220 19% 30% 1,676 1,711 41% 43% 4,082 3,959 1,493 1,186 38% 29% Advertisement Revenue Distributor Revenue Exhibitor Revenue YoY % (INR Mn) FY24 FY23 Change Advertisement Revenue (i) 1220 755 62% - In-Cinema Advertisement Revenue 1116 740 51% - Corpor
Slide 10: In-Cinema Advertising Performance
In-Cinema Advertising Performance
Slide 11: In-Cinema Advertisement Operating Parameter
In-Cinema Advertisement Operating Parameter Full House Seating Number of Screens Prime Screens Popular Screens Capacity - Annualized 3,859 2,492 1,367 ~1.9 Bn Metro and Tier I Other Cities and Towns FY24 Prime Popular Prime Popular # of UFO Screens 1,008 244 1,484 1,123 Cities and Towns 138 101 581
Slide 12: In-Cinema Advertisement Revenue Analysis
In-Cinema Advertisement Revenue Analysis INR Mn Government + PSU Corporate + Hyperlocal 1,116 740 71% 77% 265 247 64% 70% 29% 30% 23% 36% Q4FY24 Q4FY23 FY24 FY23 Q4FY24 Q4FY23 FY24 FY23 Ad Revenue / Screen for the period (Avg) 72,995 72,996 309,800 216,702 (Rs.) Average # of minutes sold / show / Ad
Slide 13: Theatrical Revenues
Theatrical Revenues
Slide 14: Theatrical revenues from Distributors
Theatrical revenues from Distributors Content Delivery Charges Revenue (INR Mn) Revenue (INR Mn) 879 225 185 864 Q4FY24 Q4FY23 FY24 FY23 VPF Service Revenue Revenue (INR Mn) Revenue (INR Mn) 243 149 42 47 74 15 48 14 Q4FY24 Q4FY23 FY24 FY23 Gross Revenue Net Revenue Gross Revenue Net Revenue Net Rev
Slide 15: Operating Parameter – Distributor Revenue
Operating Parameter – Distributor Revenue # of Screens^ Q4FY24 Q4FY23 FY24 FY23 CDC Category Screens 3,131 2,994 3,131 2,994 VPF Category Screens 423 333 423 333 Total 3,554 3,327 3,554 3,327 # of Screens as on March 31, 2024 Revenue / Screen (Average) (in Rs.) Q4FY24 Q4FY23 FY24 FY23 CDC Category S
Slide 16: Financial Performance
Financial Performance
Slide 17: Consolidated Reported P&L Statement
Consolidated Reported P&L Statement (INR Mn) Q4FY24 Q4FY23 % Change FY24 FY23 % Change Revenue from Operations 1,187 879 35% 4,082 3,959 3% Other Income 6 6 0% 18 18 0% Total Revenue 1,192 884 35% 4,101 3,978 3% Total Expenses 1,041 769 35% 3,425 3,639 -6% EBITDA (excl. one time impairment provision
Slide 18: Consolidated Expenditure Analysis
Consolidated Expenditure Analysis Expenses as a % of Total Revenue Q4FY24 Q4FY23 FY24 FY23 1) Total Operating Direct Cost 49.44% 41.33% 43.05% 47.33% Key Operating Direct Cost Components - Advertisement revenue share payment 14.15% 14.24% 13.10% 11.19% - VPF service revenue share 2.37% 3.61% 2.48% 4
Slide 19: Annexure
Annexure
Slide 20: Historical Advertisement Performance
Historical Advertisement Performance Advertisement Revenues (INR Mn) 2,372 2,136 1,790 1,578 1,547 Severely Impacted due to 1,220 1,167 the COVID-19 pandemic. 755 151 25 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 20
Slide 21: Historical In-Cinema Advertising Performance
Historical In-Cinema Advertising Performance Government + PSU Corporate + Retail INR Mn 2,131 2,047 1,792 1,578 1,481 43% 47% 1,167 44% 1,116 47% 66% 740 46% 71% 57% 53% 56% 77% 53% 54% 34% 29% 23% FY15 FY16 FY17 FY18 FY19 FY20 FY23 FY24 # of Screens with Ad Rights 3,784 3,713 3,745 3,897 3,697 3,79
Slide 22: Shareholding
Shareholding (% of Total # of shares) March 31, 2024 Promoters 22.5% Institutional Investors 24.4% Foreign Portfolio Investors 0.7% Corporate Bodies 2.8% Others 49.6% Total # of Shares 3,85,81,208 22
Slide 23: About UFO Moviez India Limited
About UFO Moviez India Limited UFO is the first one, to enable cinema digitization with satellite technology in India. That also makes UFO the largest in- cinema advertising platform, with the power to impact almost 1.9 billion viewers annually through 3,859 screens comprising of 2,492 screens in th