Balaji Telefilms Limited · NSE:BALAJITELE
Balaji Telefilms — Q1 FY2014 Earnings Presentation
30 slides from Balaji Telefilms's earnings presentation, August 2013
Slide 1: Balaji Telefilms Limited Investor Presentation Q1 FY2014
We Balaji Telefilms Limited Investor Presentation Q1IFY2014
Slide 2: Agenda
Financials 3 - 15 About Balaji Telefilms 16 - 17 Television 18 - 20 Motion Pictures 21 - 26 Business Outlook FY2014 27 - 28 2
Slide 3: Financials - Q1 FY14
Financials - Q1 FY14
Slide 4: Q1FY14 (Standalone)
Q1FY14 (Standalone) Revenues for the quarter at ` 21,95 lacs (` 35,93 lacs in Q1FY13) Lower revenues owing to discontinuance of 2 shows Commissioned programming revenues will drive both volume and realization Hours for Hindi Commissioned programs stood at 123 hours Average realisation per
Slide 5: Shows, Channel, Time Schedule and Position
Shows Channel Time Schedule Position Monday to No.1 Fiction show Bade Achhe Lagte Hain Sony TV 22.30-23.00 Thursday of the Channel Jodha Akbar (June 18, 2013 Monday to Popular show of Zee TV 20.00-20.30 Launch) Friday the Channel Monday to No.1 Fiction show Pavitra Rishta Zee TV 21.00-21.30 Friday o
Slide 6: Total Income, EBITDA, PAT
Total Income EBIDTA ` Lacs ` Lacs PAT Margins ` Lacs 6
Slide 7: Standalone P&L (` in Lakhs)
` in Lakhs Particulars YoY Comparision QoQ Comparison YTD March Q1 13-14 Q1 12-13 % PY Q4 12-13 % PY 13 Revenue from Operations 21,94.71 35,93.27 -38.92% 31,76.69 -31% 135,01.25 Other Operating Income 44.87 1,85.03 -75.75% 2,32.06 -81% 5,83.99 Operating Revenue 22,39.58 37,78.30 -40.73% 34,08.75 -34
Slide 8: Show Type: Commissioned and Sponsored
Show Type Revenue for the Quarter Ending (` Lacs) Percentage Jun-13 Mar-13 Jun-12 Jun-13 Mar-13 Jun-12 Commissioned* 21,67 30,11 26,02 100% 100% 92% Sponsored** - - 2,43 - - 8% Total 21,67 30,11 2,845 100% 100% 100% *Excludes regional segment and Event Business ** Exited less profitable Sponsored se
Slide 9: Balance Sheet (` in Lakhs)
As at June 30, As at March 31, ` in Lakhs 2013 2013 Shareholders’ funds Share capital 13,04.21 13,04.21 Reserves and surplus 411,61.22 404,18.67 424,65.43 417,22.88 Current Liabilities Trade payables 15,50.77 20,01.39 Other current liabilities 4,60.19 2,98.16 Short-term provisions 53.63 3,14.47 20,6
Slide 10: Contingent Liabilities
Current Sr.no Contingent Liabilities Status On April 30, 2013, the Income-tax Department visited the premises of the Company and initiated proceedings under Section 132 of the Income-tax Act, 1961. In this connection, the ` in Lakhs Company is yet to receive any communication from the Income-tax Dep
Slide 11: Q1FY14 (Consolidated)
Q1FY14 (Consolidated) Revenue was at ` 84,04 lacs (` 36,38 lacs in Q1FY13) 3 new releases during the quarter ‘Ek Thi Daayan’(NBOC – ` 13.95 crore) ‘Shootout At Wadala’ (NBOC – ` 30.25 crore) BMPL posted revenues of ` 61,65 lacs as compared to ` 78 lacs in Q1FY13 mainly due to theatrical re
Slide 12: Q1FY14 (Consolidated) contd.
Q1FY14 (Consolidated) contd…. During the quarter BOLT Media Limited a wholly owned subsidiary of BTL successfully completed A new advertisement for a leading personal care brand Produced 2 episodes for Ek Thi Naayika for Life OK Working on two historical documentary drama for EPIC television
Slide 13: Standalone, BMPL, BOLT and Consolidated Results
BTL BTL Q1 2012- BMPL BOLT Q1 2013 – Sr. 13 Q1 2013-14 Q1 2013 - 14 14 Particulars (` Lacs) Eliminations No Standalon Standalone Standalone Consolidat e Un – Un – Audited Un – Audited ed Un – Audited Audited 1 a) Net Sales / Income from Operations 21,94.71 61,65.86 82.89 40.00 84,03.46 b) Other Oper
Slide 14: Total Income, EBITDA, PAT (Consolidated)
Total Income EBIDTA ` Lacs ` Lacs PAT Margins ` Lacs 14
Slide 15: Consolidated P&L (` in Lakhs)
YoYComparision ` in Lakhs Particulars YTD Mar Q1 June ‘13 Q1 June '12 % PY Q4 Mar ‘13 '13 Revenue from Operations 84,03.46 36,37.49 131% 38,71.47 179,78.65 Other Operating Income 2,18.06 -80% 2,32.06 6,18.83 41.87 Operating Revenue 84,45.33 38,55.55 119% 41,03.53 185,97.48 Cost of Production / M&D o
Slide 16: About Balaji Telefilms
About Balaji Telefilms
Slide 17: 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 18: Television
UW Balaji. Television
Slide 19: Television entertainment: foundation of Balaji Telefilms
• 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 20: Commissioned programming and television market
Commissioned Improving Television Pavitra Rishta, India is the programming is realisation in revenues Bade Achche world’s third the key revenue the expected to Lagte Hai, largest driver for the Commissioned expand owing Parichay and television television programming to demand Kya Hua Tera
Slide 21: Motion Picture
UW Balaji. Motion Picture
Slide 22: Producing films with rich content and efficient costs
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 23: 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 23
Slide 24: Upcoming film slate
Sr. Release Film Name Star Cast No. Date Once upon a Time in Mumbaai Akshay Kumar, Sonakshi Sinha, Imran 1 Aug-13 Dobaara Khan 2 Kuku Mathur Ki Jhand Ho Gayi New Comers Oct-13 3 Ragini MMS 2 Sunny Leone Oct-13 4 Shaadi ke Side Effects Farhan, Vidya Balan Dec-13 5 Main Tera Hero Varun Dhawan, Ileana
Slide 25: Forward and Backward Integration, Robust Movie Slate
Forward and Backward Integration Robust Movie Slate Strong content creativity leading to better Building a strong movie pipeline including scripts small, medium and high budget films for Setting up of distribution network in the next couple of years Mumbai and Delhi territories Proven abilit
Slide 26: Expanding number of multiplexes
Expanding Company’s Balaji’s content Film catalogue number of theatrical portfolio monetised multiplexes performance comprises of through resulting in improved more than 25 television growth owing to strong films - expected syndication opportunities content driven to hit the silver deals by
Slide 27: Business Outlook
Business Outlook
Slide 28: Business Outlook FY2014
A leading content creator across Television and Motion Pictures Exploring 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, languages Creating film
Slide 29: 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 30: Thank You
Thank You BaLaji..