Q3 FY 2011-12 - aceanalyser.com Meet/132807_20120210.pdf · Launches 2011-12 9 * Cinemax Delhi -...
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Q3 FY 2011-12
Transcript of Q3 FY 2011-12 - aceanalyser.com Meet/132807_20120210.pdf · Launches 2011-12 9 * Cinemax Delhi -...
Q3 FY 2011-12
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Contents
• Summarized Financials
• Key Financials
• Income and Expense Breakup
• Income • Operational Parameters
• Property Details
• Upcoming Properties
• Launches 2011-12
• Cinemax Events Q3 FY11-12
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Summarized Financials
Note: In Q3 FY12, a provision is made for Service Tax for earlier period of Rs. 2.37 crs. and Prepayment Charges for shifting of loan Rs.1.76 crs is w/off
FY 12 FY 11 Financial Year Ended
Q3 Q3 FY 11 FY 10 FY 09 FY 08 FY 07
INCOME 7,840 5,811 19,741 17,607 15,403 10,627 10,240
EXPENSES 6,968 4,595 16,213 13,980 11,367 7,581 7,467
EBITDA 872 1,216 3,528 3,627 4,036 3,046 2,773
EBITDA % 11% 21% 18% 21% 26% 29% 27%
PAT (108) 407 545 1697 1,105 1,373 1,147
PAT % -1% 7% 3% 10% 7% 13% 11%
YoY growth in Income 12% 14% 45% 4% -
Location 38 32 33 28 25 18 10
Screens 132 102 107 90 74 52 33
Seats 32,604 27,042 28,097 24,539 20,305 14,004 9,220
Footfalls (In Lakhs) 42.73 34.86 115.01 108.10 85.14 61.91 52.00
ATP 148 134 135 128 128 131 125
SPH 39 35 35 31 30 29 26 *Figures are regrouped and rearranged wherever necessary.
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Key Financials
5,8
11
7,8
40
19
,74
1
4,5
95
6,9
68
16
,21
3
1,2
16
87
2 3
,52
8
40
7
(1
08
)
54
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Q3 FY 2010-11 Q3 FY 2011-12 FY 2010-11
In L
akh
s
Income Expense EBITDA PAT
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Ticket Sales 71% F&B Sales
18%
Ad Sales 6% Rental Inc
1% Giggles Inc
1% Power Inc
1%
Other Operating Inc 1%
Royalty Inc 0.06%
Int & Dividend recvd 0.09%
Misc Inc 1%
Income Apr to Dec 2011
Ent Tax 11%
Dist Shr 21%
F&B Direct exp 5%
Power&Fuel 6%
Othe OpEx 1%
Rental exp 12%
Adv, Markt & Prom 2%
Employee remu 6%
Admin exp 11%
EBITDA 11%
Int & Fin Chrgs 4%
Depr. & Amort 6% Prov for tax
-1%
Extra ordinary item 1%
PAT 2%
Expense Apr to Dec 2011
Income & Expense Apr to Dec 2011
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Income
• Non Comparable Properties Q3 2011 :- Bangalore1, Bangalore2, Delhi, Malad, Pune, Raipur, Surat • Service tax for earlier period provided, hence ebitda impacted
4,678 4,845
1,493
6,338
Comparable Comparable Non-Comparable Total
Q3 - 2010 Q3 - 2011
Ticket Sales (In Lakhs)
3.6%
1,182 1,211
396
1,607
Comparable Comparable Non-Comparable Total
Q3 - 2010 Q3 - 2011
F&B Sales (In Lakhs)
2.5%
432 467
118
586
Comparable Comparable Non-Comparable Total
Q3 - 2010 Q3 - 2011
Advt Income (In Lakhs)
8%
1,216
715
158
872
Comparable Comparable Non-Comparable Total
Q3 - 2010 Q3 - 2011
EBITDA (In Lakhs)
-41%
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Operational Parameters
Q3 FY 2011-12
• Non Comparable Properties Q3 2011 :- Bangalore1, Bangalore2, Delhi, Malad, Pune, Raipur, Surat
135 143
170
148
Comparable Comparable Non-Comparable Total
Q3 - 2010 Q3 - 2011
ATP (In Rs.)
6%
35 37
47
39
Comparable Comparable Non-Comparable Total
Q3 - 2010 Q3 - 2011
SPH (In Rs.)
6%
34.4 33.9
8.8
42.7
25.8% 25.3%
30.0%
26.0%
22.0%23.0%24.0%25.0%26.0%27.0%28.0%29.0%30.0%31.0%
- 5.0
10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0
Comparable Comparable Non-Comparable Total
Q3 - 2010 Q3 - 2011
Footfalls (In Lakhs)
ATP Occ
-1%
26,042 26,042
6,562
32,604
Comparable Comparable Non-Comparable Total
Q3 - 2010 Q3 - 2011
Seats
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Property Details
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4 3 4
West East North South
Locations
88
15 12 17
West East North South
Screen
22,559
3,737 2,779 3,513
West East North South
Seats
4,789
27,799
5
33
0
5
10
15
20
25
30
35
-
5,000
10,000
15,000
20,000
25,000
30,000
Tax Free Taxable
ETax Status
Screens Locations
132
26
106
10
122
Screens Owned Leased Single Screen Multiplex
Screens
Launches 2011-12
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* Cinemax Delhi - April 2011
Screens 6, Seats 1,116
Located in Pacific Mall Delhi which has reputed brands
such as Spar, Lifestyle and Zara, the mall is spread over
~10 lakh Sq.ft.
Q1 * Cinemax Bengaluru- June 2011
Screens 4, Seats 795
The Mall is built by ‘Soul Space ‘, a subsidiary of publicly
listed B L Kashyap and Sons Ltd. The Mall has anchor
tenants such as Future Group which has a Central format.
Q1 * Cinemax Pune - July 2011
Screens 4, Seats 975
Located in Inorbit Pune , which is designed
by the world’s largest Retail design firm “Callison” USA.
The total retail built up area of the Mall is around
5,27,000 square feet.
Q2
* Cinemax Malad - Sep 2011
Screens 5, Seats 824
Located in one of the best suburban malls in Mumbai. It
has anchor tenants such as Reliance Trends, FBB &
Pantaloons. Mall is spread over ~ 7 Lakh Sq.ft.
Q2
* Cinemax Surat - Oct 2011
Screens 3, Seats 716
Located in IRIS MALL on Dummas Road. Future Group has
its Central format in this mall.
Q3 Q3
* Cinemax Bangalore2 - Dec 2011
Screens 6, Seats 1,084
Located in Soul Space Arena Mall ( ~500,000 sq.ft.)
Has anchor tenants like ‘TOPAL’.
Upcoming Properties
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Location Screens Seats Expected Start Date
Hyderabad - Inorbit 6 947 Q4
Kolkata - Lavida 2 329 -
Pune 2 - Kumar Pacific 4 976 Q2: FY 12-13
Chennai -Velachery 5 1265 Q2: FY 12-13
TOTAL 17 3,517
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Events Q3 FY11-12
The Dirty Picture: Press Conference
Cinemax Versova
RA One: Press Conference
Cinemax Ahmedabad
RA One: Press Conference
Cinemax Ahmedabad
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Contact Details
Rasesh Kanakia - Chairman, Kanakia Group
Himanshu Kanakia – Managing Director, Kanakia Group
Sunil Punjabi – CEO
Jitendra Mehta – Group CFO
Mayur Parekh – VP – Accounts & Finance
Corporate Office:
215, Atrium,10th Floor, Opp. Divine School, J.B. Nagar, Andheri (E), Mumbai 400059. India.
Tel: 6726 8888. Fax: 67268899/67268800. Web:www.cinemax.co.in
Thank You
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