Pvr Inox Limited · NSE:PVRINOX

Pvr Inox — PVR — Q2 FY2013-14 Earnings Presentation

26 slides from Pvr Inox's earnings presentation, 2013

  1. Slide 1: Investor Update for Quarter Ended 30th Sept

    Investor Update for Quarter Ended 30th “ept’

  2. Slide 2: Safe Harbor

    Safe Harbor: - Some information in this report may contain forward-looking statements. We have based these forward looking statements on our current beliefs, expectations and intentions as to facts, actions and events that will or may occur in the future. Such statements generally are identified by

  3. Slide 3: Particulars and slide index

    S. No. Particulars Slide No. 1 Consolidated Results 1–2 2 Exhibition Performance Screen Portfolio 3 PVR Limited 4 Cinemax India Limited 5 3 Key Operating Performance Box Office Analysis 6–8 F&B Analysis 9 – 10 Sponsorship Income Analysis 11 4 Net Debt / Equity 12 5 Expansion & Investment 13 – 15 6 U

  4. Slide 4: Consolidated Results

    Q-2 H-1 Particulars (Rs Lakhs) FY 2013-14 FY 2012-13 * Growth FY 2013-14 FY 2012-13 * Growth Income 36,708 19,361 90% 70,434 37,433 88% Expenses 29,101 15,609 86% 56,684 30,221 88% Exceptional items EBITDA 7,607 3,752 103% 13,750 7,212 91% includes items of non recurring nature  CWIP towards EBITDA

  5. Slide 5: Key notes and developments

     The Company has received approval from Central Government ("CG") on October 18, 2013 in relation to its application for approval of excess payment made to its Managing Director for the financial year 2008-09, 2009-10 and 2010-11 for a sum of Rs. 118.75 lakhs, out of which Rs. 25.07 lacs is being r

  6. Slide 6: Exhibition Business Performance

    Exhibition Business Performance

  7. Slide 7: Screen Portfolio

    Locations Screens Seats 92 398 96,735 47 194 49,212 29 112 26,852 73 15,657 11 5 19 5,014 West East North South Total West East North South Total West East North South Total Screens Concentration 398 South, 12% West, 51% 19% North, 32% 75 Total Screens E -Tax Exempted screens East, 5% 3

  8. Slide 8: PVR Limited Results

    Particulars Q-2 Q-2 H-1 H-1 FY 2012-13 Growth Growth (Rs Lakhs) FY 2013-14 FY 2012-13 FY 2013-14 Exhibition Production Total Exhibition Total Income 23,794 17,987 32% 44,712 32,100 1,965 34,065 39% 31% Expenses 19,258 14,526 33% 36,573 26,348 912 27,260 39% 34% EBITDA 4,536 3,461 31% 8,139 5,752 1,0

  9. Slide 9: Cinemax India Limited Results

    Q-2 H-1 Income & EBITDA * Particulars (Rs Lakhs)  One time income in Q- FY 2013-14 FY 2012-13 Growth FY 2013-14 FY 2012-13 Growth Income * 11,177 11,744 -5% 22,038 21,390 3% 2 FY 12-13 of Rs 90 Expenses 8,443 8,715 -3% 16,995 16,294 4% Lakhs EBITDA * 2,734 3,029 -10% 5,043 5,096 -1%  Convenience i

  10. Slide 10: Key Operating Statistics

    Key Operating Statistics

  11. Slide 11: Box Office Analysis Q-2

    Net Box Office PVR Admits (Lakhs) Cinemax Admits (Lakhs) Total Admits (Lakhs) (Rs Lakhs) 20% 8% -9% -7% 109 62 166 -9% 146 153 22,236 79 87 91 -5% 59 135 13% 56 57 7,188 19,631 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 Comparable Tota

  12. Slide 12: Box Office Analysis H-1

    Net Box Office PVR Admits (Lakhs) Cinemax Admits (Lakhs) Total Admits (Lakhs) (Rs Lakhs) 12% 24% -4% -4% -4% 117 206 -3% 317 42,491 112 263 283 156 166 254 150 107 20% 104 35,410 14,411 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 Compar

  13. Slide 13: Box Office Analysis: Movies in Q-2

     Q-2 FY 14 content was muted - Only 2 Big films (Chennai Express & Bhaag Milkha Bhaag) as compared to 5 Big films (Ek Tha Tiger, Barfi, Bol Bachan, Dark Knight & Amazing Spiderman) in Q-2 FY 13  Last year Q-2 FY 13 was the best quarter with strong film slate, this year content pipeline shifted to

  14. Slide 14: F&B Analysis Q-2

    Net F&B PVR Spend Per Head Cinemax Spend Per Head Total Spend Per Head (Rs Lakhs) (Rs) (Rs) (Rs) 17% 17% 5% 5% 52 12% 52 13% 55 55 47 47 7,945 25% 45 45 46 46 47 47 6,337 2,495 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 Q-2 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 Comparable Tota

  15. Slide 15: F&B Analysis H-1

    Net F&B PVR Spend Per Head Cinemax Spend Per Head Total Spend Per Head (Rs Lakhs) (Rs) (Rs) (Rs) 57 18% 17% 10% 49 10% 15% 15% 56 48 53 53 15,367 31% 44 44 48 48 46 46 5,052 11,745 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 H-1 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 FY14 FY13 Comparable

  16. Slide 16: Sponsorship Revenue

    Q-2 - Sponsorship H-1 - Sponsorship Revenue (Rs Lakhs) Revenue (Rs Lakhs) 42% 3,548 51% 28% 45% 6,706 2,432 2,499 85% 4,787 4,453 1,896 67% 3,307 1,116 603 1,919 1,146 PVR Cinemax Total PVR Cinemax Total Q-2 FY14 Q-2 FY13 H-1 FY14 H-1 FY13 11

  17. Slide 17: Net Debt / Equity

    0.91 0.85 64,274 69,324 58,346 59,210 As on 31st March' 13 As on 30th Sept' 13 Net Debt Equity Net Debt / Equity Rs Lakhs 12

  18. Slide 18: Expansion & Investment

    Expansion & Investment

  19. Slide 19: Screens opened and expected opening schedule

    S.No Location Screens Expected Opening Schedule 1 Lulu Mall, Cochin 9 Opened in April, 2013 2 Orion Bangalore Gold class 3 Opened in May, 2013 3 Andheri, Mumbai 5 Opened in May, 2013 4 Market City, Bangalore 9 Opened in June, 2013 5 Elante Mall, Chandigarh 8 Opened in June, 2013 6 PVR 3C’s Lajpat Na

  20. Slide 20: New screens opened

    Kochi - Lullu Mall Bangalore - Orion Mall - Gold class Andheri (Mumbai) - Citi Mall Screens opened in Apr’13 3 Screens opened in May’13 5 Screens opened in May’13 Bangalore - Market City Chandigarh - Elante Mall Delhi 3C’s Screens opened in June’13 Screens opened in June’13 1 Screen opened in July13

  21. Slide 21: Upcoming screens, licences and construction

    Pathankot - Novelty Mall Mysore - Garuda Mall Vijaywada - Ripples Mall Chennai - Vellacherry 4 Screens - License awaited 4 Screens - License awaited 4 Screens - License awaited 5 Screens - License awaited Mumbai – Milap Andheri Dehradun - Pacific Mall Bhillai - Treasure Bazaar 2 Screens - License aw

  22. Slide 22: Upcoming Films for Next 3 Months

    Upcoming Films for Next 3 Months

  23. Slide 23: Upcoming Movies November 2013

    Upcoming Movies — November’13 PVR 16

  24. Slide 24: Upcoming Movies December 2013

    Upcoming Movies — December’13 PVR a es HUSTLE} wes 17

  25. Slide 25: RAGH)

    & RAGH) wins HE i UMENTS 18

  26. Slide 26: Contact

    For any further information and queries please feel free to contact: Nitin Sood Saurabh Gupta Chief Financial Officer VP – Finance [email protected] [email protected] PVR Limited Block A, 4th Floor, Building No 9, DLF Cyber city Phase II Gurgaon, Haryana – 122002 Ph : 0124-4708100

PVR — Q2 FY2013-14 Earnings Presentation on 6ix