Balaji Telefilms Limited · NSE:BALAJITELE
Balaji Telefilms — Q4 FY2014 Earnings Presentation
33 slides from Balaji Telefilms's earnings presentation, May 2014
Slide 1: Balaji Telefilms Limited Investor Presentation Q4 & FY2014
W BaLajlI. Balaji Telefilms Limited -March 2014 Investor Presentation Q4 & FY2014
Slide 2: Contents
Financials 3 - 18 About Balaji Telefilms 19 - 20 Television 21 - 23 Motion Pictures 24 - 29 Business Outlook FY2014 30 - 31 2
Slide 3: Performance Overview - Q4 & FY14
VW Balaji Performance Overview —-Q4 & FY14
Slide 4: Q4 & FY14 (Standalone)
Q4 & FY14 (Standalone) Results for Q4 FY14 • Revenues stood at ` 39,61 lacs {` 31,76 lacs in Q4FY13} • EBITDA is at ` 4,67 lacs {` 1,24 lacs in Q4FY13} • PAT is at ` 13 lacs {` 5,17 lacs in Q4FY13} Results for FY14 • Revenues stood at ` 129,20 lacs {` 135,01 lacs in FY13} • EBITDA is at ` 4,76 lacs
Slide 5: Q4 & FY14 (Standalone) Contd…
Q4 & FY14 (Standalone) Contd… • Focused efficiencies improved operating margins • Other overheads costs continues to be under control • Kumkum Bhagya launched on ZeeTV on April 15 , 2014 • Hours for Hindi Commissioned programs stood at 173 hours • Average realisation per hour was ` 21.66 lacs {` 22.
Slide 6: Shows, channels and time schedule
Shows Channel Time Schedule Position Bade Achhe Lagte Hain Sony TV 22.30-23.00 Monday to No.1 Fiction show of the Thursday Channel Jodha Akbar Zee TV 20.00-20.30 Monday to First time ever costume drama, Friday No. 1 on channel & No. 2 across Hindi GEC’s Pavitra Rishta Zee TV 18.30-19.00 Monday to No
Slide 7: Revenue from Operations, EBITDA, PAT
Revenue from Operations EBITDA ` Lacs ` Lacs PAT ` Lacs 7
Slide 8: Statement of Standalone Profit and Loss Account
Statement of Standalone Profit and Loss Account QoQ Comparision QoQ Comparision YoY Comparision Particulars Q4 13-14 Q4 12-13 % PQ Q3 13-14 % PQ 13-14 12-13 Revenue from Operations 39,61.34 31,76.69 25% 37,80.37 5% 129,20.40 135,01.25 ` in Lacs Other Operating Income 45.33 2,32.06 -80% 94.35 -52% 2,
Slide 9: Commissioned revenue and hours for the quarter
Revenue for the Quarter Ending (` Lacs) Show Type Mar- 14 Dec-13 Mar-13 Commissioned* 37,46 36,64 30,11 Revenue Per Hour 21.66 21.18 22.30 *Excludes regional segment, event business and incentives Hours for the Quarter Ending Total Commissioned Revenues* Mar- 14 Dec-13 Mar-13 Commissioned* 173 173 1
Slide 10: Q4 & FY14 (Consolidated)
Q4 & FY14 (Consolidated) Results for Q4 FY 14 • Revenues stood at ` 84,40 lacs {` 38,71 lacs in Q4FY13} • EBITDA loss is at (` 22,37) lacs {(` 4,50) lacs in Q4FY13} • (Loss)/profit after tax is at (` 27,40) lacs {` 58 lacs in Q4FY13} Results for FY 14 • Revenues stood at ` 404,90 lacs {` 179,79 lacs
Slide 11: Q4 & FY14 (BMPL)
Q4 & FY14 (BMPL) Results for Q4 FY 14 • Revenues stood at ` 44,51 lacs {` 6,45 lacs in Q4FY13} • EBITDA loss at (` 26,73) lacs {(` 5,13) lacs in Q4FY13} • Loss after tax at (` 26,96) lacs {(` 4,13) lacs in Q4FY13} Results for FY 14 • Revenues stood at ` 271,34 lacs {` 44,28 lacs in FY13} • EBITDA lo
Slide 12: Q4 & FY14 (Consolidated) contd….
Q4 & FY14 (Consolidated) contd…. Balaji Motion Pictures Ltd (BMPL) • Two movies were released in the current quarter and six movies in the current fiscal • Production cost comprises of old films inventory amortization, marketing and distribution expenses of films releasing in FY 15 Contd…… 12
Slide 13: Q4 & FY14 (Consolidated) contd…. BOLT Media
Q4 & FY14 (Consolidated) contd…. During the year, BOLT Media Limited a wholly owned subsidiary of BTL successfully completed • Two new shows i.e Yeh Jawani Ta Ra Ri for Star TV and Love By Chance for GENX Entertainment Ltd. • A new advertisement for a leading personal care brand • Commissioned two s
Slide 14: Revenue from Operations, EBITDA, PAT
Revenue from Operations EBITDA ` Lacs ` Lacs PAT ` Lacs 14
Slide 15: Consolidated Statement of Profit and Loss Account
Consolidated Statement of Profit and Loss Account QoQ Comparision Particulars Q4 Mar ‘14 Q4 Mar ‘13 % PY Q3 Dec ‘13 YTD Mar '14 ` in Lacs Revenue from Operations 84,40.19 38,71.47 118% 42,30.16 404,89.72 Other Operating Income 77.34 2,32.06 -65% - 2,56.29 Operating Revenue 85,17.53 41,03.53 108% 42,
Slide 16: Consolidated Statement of Profit and Loss Account (YoY)
Consolidated Statement of Profit and Loss Account YoY Comparision Particulars YTD Mar '14 YTD Mar '13 % PY ` in Lacs Revenue from Operations 404,89.72 179,78.65 125% Other Operating Income 2,56.29 6,18.83 -58% Operating Revenue 407,46.01 185,97.48 119% Cost of Production of television serials / movi
Slide 17: Q4 2013-14 results by entity
BTL BMPL BOLT BTL Sr. No Particulars Q4 2013-14 Q4 2013-14 Q4 2013 - 14 Eliminations Q4 2013 – 14 Standalone Standalone Standalone Consolidated Audited Audited Audited Audited ` in Lacs 1 a) Net Sales / Income from Operations 39,61.34 44,50.80 28.05 - 84,40.19 b) Other Operating Income 45.33 35.01 -
Slide 18: YTD 2013-14 results by entity
BTL BMPL BOLT BTL ` in Lacs Sr. No Particulars YTD 2013-14 YTD 2013-14 YTD 2013-14 Eliminations YTD 2013 – 14 Standalone Standalone Standalone Consolidated Audited Audited Audited Audited 1 a) Net Sales / Income from Operations 129,20.41 271,34.33 4,74.98 40.00 404,89.72 b) Other Operating Income 2,
Slide 19: About Balaji Telefilms
VW Balaji About Balaji Telefilms
Slide 20: A leading entertainment house in India since 1994
• A leading entertainment house in India since 1994 • Demonstrated ability to create high quality content • Executed over 15,000 hours of television content in Hindi, Tamil, Telugu, Kannada, Malayalam and Bengali entertainment across genres • Owning 19 modern studios and 31 editing suites - more tha
Slide 21: Television
Balaji Television
Slide 22: Television business overview
• Television entertainment has been the foundation stone for Balaji Telefilms Limited (BTL) • Ability to create newer and diverse story lines owing to strong creativity • High TRP ratings - a testimony of Company’s strength in creativity • Rich experience in entertainment and a proven ability in gau
Slide 23: Commissioned programming is the key revenue driver
Commissioned Improving Television revenues Pavitra Rishta,Kum India is the world’s programming is the realisation in the expected to expand Kum Bhagya, Bade third largest key revenue driver Commissioned owing to demand Achche Lagte Hai, television market in for the television programming f
Slide 24: Motion Picture
Balaji Motion Picture
Slide 25: Leveraging creative abilities to produce films
• Leveraging creative abilities and experience to produce films with rich and well appreciated content yet maintaining efficient cost structures • Successful offerings till date include ‘Raagini MMS’, ‘Shor In the City’, ‘Once upon a time in Mumbai’, ‘Shootout at Lokhandwala’, ‘Kya Kool Hain Hum’ an
Slide 26: Content Library: Key Competitive Advantage
Content Library: Key Competitive Advantage • Increase in film library • Diversified, balanced product mix of Movies • Swiftly ramping up scale • Opportunity to exploit old content on new emerging platforms • Provides stable, recurring cash flows and de-risks the business model 26
Slide 27: Upcoming film releases
Expected Release Sr. No. Particulars Star Cast Month 1 Kuku Mathur Ki Jhand Ho Gayi New Comers May-14 Siddharth Malhotra, Shraddha 2 Ek Villain June-14 Kapoor This list of films is for illustrative purposes only and is not exhaustive. All information for the films that have not yet been released is
Slide 28: Forward and Backward Integration
Forward and Backward Integration Strong content creativity leading to better scripts Robust Movie Slate Setting up of distribution network in Mumbai and Building a strong movie pipeline including small, Delhi territories medium and high budget films for the next couple of Proven ability to i
Slide 29: Expanding number of multiplexes resulting in growth
Expanding number Company’s Balaji’s content Film catalogue of multiplexes theatrical portfolio comprises monetised through resulting in growth performance of more than 25 television opportunities and improved owing to films - expected to syndication deals better reach strong content hit the
Slide 30: Business Outlook
Balaji Business Outlook
Slide 31: Business outlook
• A leading content creator across Television and Motion Pictures • Newer show formats for television content through a wholly owned subsidiary • Focusing on creating original and diverse show content to retain leadership • Exploring opportunities across channels and languages • Creating films acros
Slide 32: Contact details and disclaimer
Sanjay Dwivedi (CFO) / Simmi Singh Bisht (CS) Gavin Desa / Rabindra Basu Balaji Telefilms Limited Citigate Dewe Rogerson Tel: +91 22 4069 8000 Tel: +91 22 6645 1237/ 1248 Fax: +91 22 4069 8288 Fax: +91 22 6645 1200 E-mail: [email protected] Email: [email protected] rabindra@cdr-in
Slide 33: Thank You
Thank You BaLaji..