SHEMAROONSE10 May 2023

Shemaroo Entertainment Limited has informed the Exchange about Investor Presentation

Shemaroo Entertainment Limited

May 10, 2023

The Secretary, National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (E), Mumbai-400 051. NSE Symbol: SHEMAROO

Dear Sir / Madam,

The Secretary, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400 001. Scrip Code : 538685

Re: SHEMAROO ENTERTAINMENT LIMITED - ISIN: INE363M01019

Sub: - Earnings Con. Call Presentation – Intimation under Reg. 30(6) of SEBI (LODR),

Regulations, 2015

Please find enclosed herewith Earnings Presentation of Shemaroo Entertainment Limited for the

Quarter and year ended March 31, 2023 (12M/Q4-FY23).

This is for your information and records.

The same is also disseminated on the website of the Company i.e. www.shemarooent.com

Thanking you,

Yours faithfully, For Shemaroo Entertainment Limited

Hetal Vichhi Company Secretary & Compliance Officer ICSI Membership No.: A42806

Encl.: As above

SHEMAROO ENTERTAINMENT LIMITED Shemaroo House, Plot No. 18, Marol Co - Op. Industrial Estate, Off Andheri Kurla Road, Andheri (E), Mumbai - 400 059. Tel.: +91 - 22 4031 9911 | Fax: +91 - 22 2851 9770 | Email: shemaroo@shemaroo.com shemarooent.com | CIN: L67190MH2005PLC158288

Shemaroo Entertainment Limited | Q4 FY23 / FY23

Shemaroo Entertainment Limited

EARNINGS PRESENTATION – Q4-FY23/FY23

Shemaroo: At a Glance

Shemaroo (Pre 2018)

Shemaroo Today (FY23)

B2B DIGITAL SYNDICATION

B2B2C YOUTUBE

B2B2C DTH

DIGITAL

20%

TRADITIONAL

80%

DIGITAL

40%

TRADITIONAL

60%

B2B DIGITAL SYNDICATION

B2B2C YOUTUBE AND FACEBOOK

B2C SHEMAROOME

B2C BROADCASTING

B2B2C DTH

B2B TV SYNDICATION IN-FLIGHT

B2B

TV SYNDICATION IN-FLIGHT

Financials Q4 FY23/FY23

Q4-FY23/FY23 Key Financial Highlights

Q4-FY23 Performance (Consolidated)

FY23 Performance (Consolidated)

INR 1,645 Mn Revenue from Operations

INR 169 Mn EBITDA

10.26% EBITDA Margin

INR 5,566 Mn Revenue from Operations

INR 473 Mn EBITDA

8.49% EBITDA Margin

INR 48 Mn Net Profit

2.95% Net Profit Margin

INR 1.78/share EPS

INR 94 Mn Net Profit

1.68% Net Profit Margin

INR 3.45/share EPS

Q4-FY23 Profit and Loss includes expenses on new initiatives (net of revenue) - INR 11 Mn

FY23 Profit and Loss includes expenses on new initiatives (net of revenue) - INR 540 Mn

Divisional Breakup (Consolidated):

INR Mn

Q4-FY23

Q4-FY22

Y-o-Y Growth

FY23

FY22

Y-o-Y Growth

Digital Media

Traditional Media

Income from Operations

533

1,112

1,645

465

471

936

14.7%

135.9%

75.8%

2,237

3,329

5,566

1,814

2,000

3,814

23.3%

66.5%

45.9%

Q4-FY23/FY23 Key Operational Highlights

•

In Q4FY23, the Company delivered a strong revenue growth along with a positive margin on the back of a moderate increase in ad spends in the industry and due to a lower base effect compared to same quarter last year

• However, we believe that the advertising demand will be subdued in Q1 FY24 due to inflation, looming global recession, slow down of funding for new-age advertisers and dampened consumer demand; this coupled with continued investments in B2C initiatives will keep the margins under pressure The contribution of B2C revenue as a percentage of total revenue has doubled in FY23 vs. FY22 ShemarooMe

• •

•

ShemarooMe Gujarati

• • •

Released 14 new titles during the quarter across movies, web series and plays Released original web series 'Goti Soda S3' which was well received by the audience Digital world premiere of movies such as ‘Hey Kem Cho London’, 'Hun Iqbal' and 'Hoon Tari Heer’

•

ShemarooMe platform was launched in Batelco, Zain & STC in Bahrain

YouTube: With 64 mn subscribers, Shemaroo FilmiGaane is the 21st most subscribed channel in the world

• • Other Digital Updates: Launched full movie streaming service “Southplex” with du in UAE & “VDO Box” service with Jawwal in Palestine • Broadcasting:

• Both ShemarooTV and Shemaroo Umang have consistently been amongst the top five in the FTA GEC genre (15+ U+R) • • Ratings for Shemaroo MarathiBana remained steady during the quarter

Shemaroo GEC channels have a viewership share of over 9% in the overall Hindi GEC genre

• DTH:

•

Launched a new DTH service 'Telugu Classics' with classic movies, TV shows, biographies and songs on Tata Play in April 2023

Shemaroo YouTube Monthly Views

ShemarooMe

•

ShemarooMe Gujarati

• Released 14 new titles during the quarter across movies, web series and plays

• Released original web series 'Goti Soda S3' which was well received by the audience

• Digital world premiere of movies such as ‘Hey Kem Cho London’, 'Hun Iqbal' and 'Hoon Tari Heer’

•

ShemarooMe platform was launched in Batelco, Zain and STC in Bahrain

Shemaroo Broadcasting

• Both Shemaroo TV and Shemaroo Umang have consistently been amongst the top five in the FTA GEC genre (15+ U+R)

•

Shemaroo GEC channels have a viewership share of over 9% in the overall Hindi GEC genre

• Ratings for Shemaroo MarathiBana remained steady during the quarter

Consolidated Quarterly Financial Performance

Particulars (INR Mn)

Revenue from Operations

Total Expenses

EBITDA

EBITDA Margin (%)

Other Income

Depreciation

Finance Cost

PBT

Tax

PAT

Minority Interest & Share of profit/ (loss) in associate company

PAT after adjustments

PAT Margin (%)

Comprehensive Income

Total Profit including Comprehensive Income (Net of tax)

EPS (INR)(not annualised)

Q4-FY23

Q3-FY23

Q-o-Q

Q4-FY22

Y-o-Y

1,645

1,476

169

10.26%

1,496

1,401

6.31%

(1)

2.95%

0.59%

(7)

1.78

0.32

10.0%

5.3%

78.9%

395 bps

(73.0)%

6.5%

2.0%

706.6%

353.4%

449.6%

236 bps

372.9%

449.6%

936

849

9.31%

2.19%

(2)

0.75

75.8%

73.9%

93.7%

95 bps

(79.8)%

(12.1)%

38.0%

211.8%

340.8%

165.1%

(33.3)%

136.5%

76 bps

130.1%

136.5%

Consolidated Annual Financial Performance

Particulars (INR Mn)

Revenue from Operations

Total Expenses

EBITDA

EBITDA Margin (%)

Other Income

Depreciation

Finance Cost

PBT

Tax

PAT

Minority Interest & Share of profit/ (loss) in associate company

PAT after adjustments

PAT Margin (%)

Comprehensive Income

Total Profit including Comprehensive Income (Net of tax)

EPS (INR)(not annualised)

FY23

FY22

Y-o-Y

5,566

5,093

473

8.49%

307

148

(2)

1.68%

(9)

3.45

3,814

3,455

358

9.40%

259

1.38%

(3)

1.94

45.9%

47.4%

31.9%

(91) bps

82.1%

(21.5)%

18.4%

186.4%

88.2%

77.7%

30 bps

69.8%

77.7%

Historical Consolidated Income Statement

Particulars (INR Mn) Revenue from Operations

Total Expenses

EBITDA

EBITDA Margin (%)

Other Income

Depreciation

Finance Cost

PBT

Tax

PAT

Minority Interest & Share of profit/ (loss) in associate company

PAT after adjustments

PAT Margin (%)

Comprehensive Income

Total Profit including Comprehensive Income (Net of tax)

EPS (INR) (not annualised)

FY21

FY22

FY23

3,111

2,986

126

4.04%

284

(221)

(2)

(219)

(215)

(6.91%)

(205)

(7.90)

3,814

3,455

358

9.40%

259

1.38%

(3)

1.94

5,566

5,093

473

8.49%

307

148

(2)

1.68%

(9)

3.45

Historical Consolidated Balance Sheet

Equity and Liabilities (INR Mn) Shareholders Fund Share Capital Other Equity Total Equity Non controlling interest Non Current Liabilities Long Term borrowings Lease Liability Deferred tax liabilities (Net) Contract Liabilities Long tem provisions Total Non-Current Liabilities Current Liabilities Short Term Borrowings Trades payables Other Financial Liabilities Lease Liability Other Current Liabilities Short Term Provisions Total Current Liabilities Total

FY22

FY23

272 5,546 5,818 (47)

116 1 4 - 8 128

2,362 493 73 1 48 13 2,989 8,888

272 5,647 5,919 (45)

126 1 - 23 20 169

3,002 939 94 1 288 16 4,341 10,385

Assets (INR Mn) Non Current Assets Fixed Assets Property, Plant & Equipment Capital WIP Intangible assets Investment Property Right of use assets Investments Long Term Loan and Advances Other Financial Assets Other Non-Current Assets Deferred tax assets (net) Total Non-Current Assets Current Assets Inventories Trade Receivables Cash and Cash Equivalents Other Bank Balances Short Term loan and advances Other Financial Assets Current Tax Assets (Net) Other Current Assets Total Current Assets Total

FY22

FY23

215 - 7 1 1 25 1 8 11 - 270

7,149 566 16 67 1 5 419 394 8,617 8,888

350 11 6 1 2 25 1 8 11 28 444

7,346 1,268 9 12 120 146 472 567 9,941 10,385

Historical Consolidated Financial Charts

Operational Revenue (INR Mn)

EBITDA (INR Mn) and EBITDA Margin (%)

5,678

5,131

5,566

3,814

3,111

FY19

FY20

FY21

FY22

FY23

Net Worth (INR Mn) and ROCE (%) 28.41%

5,717

5,970

11.59%

5,763

5,818

5,919

4.94%

7.04%

0.87%

FY19

FY20

FY21

FY22

FY23

30.00%

27.00%

24.00%

21.00%

18.00%

15.00%

12.00%

9.00%

6.00%

3.00%

0.00%

6,000

4,250

2,000

27.79%

1,600

1,200

800

400

1,578

14.97%

768

FY19

FY20

30.00%

25.00%

20.00%

15.00%

10.00%

5.00%

0.00%

9.40%

8.49%

358

473

FY22

FY23

4.04%

126

FY21

PAT (INR Mn) and EPS (INR)

30.52

830

900

600

300

-300

11.09

301

FY19

FY20

(215)

(7.90)

FY21

1.94 53

3.45

-5

-10

FY22

FY23

1 Year Stock Market Performance (as on 31st March, 2023)

Capital Market Data

0.6

0.4

0.2

-0.2

-0.4

-0.6

Apr-22

May-22

Jun-22

Jul-22

Aug-22

Sep-22

Oct-22

Nov-22

Dec-22

Jan-23

Feb-23

Mar-23

Shemaroo

Sensex

Price Data (As of 31st March 2023)

Face Value

Market Price

52 Week H/L

Market Cap (INR Mn)

Equity Shares Outstanding (Mn)

1 Year Avg. Trading Volume ('000)

INR

10.00

106.30

205.95/92.50

2,889.47

27.18

90.7

Shareholding Pattern (As on 31st March, 2023)

Public-Others 33.94%

Promoters 65.88%

FPI 0.18%

Disclaimer

Shemaroo Entertainment Limited

No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Shemaroo Entertainment Limited (“Company” or “Shemaroo”), which are expressed in good faith and in their opinion reasonable, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.

Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.

This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from.

This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.

Valorem Advisors Disclaimer:

Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.

For further information please contact our Investor Relations Representative:

Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903-9500 Email: shemaroo@valoremadvisors.com Investor Kit Link: www.valoremadvisors.com/shemaroo

THANK YOU

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Shemaroo Entertainment Limited has informed the Exchange about Investor Presentation

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