SHEMAROONSE19 July 2023

Shemaroo Entertainment Limited has informed the Exchange about Investor Presentation

Shemaroo Entertainment Limited

July 19, 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 ended June 30, 2023 (Q1/FY24).

Kindly take the above on record and oblige.

The aforesaid 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 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

EARNINGS PRESENTATION – Q1 FY24

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 Q1 FY24

Q1 FY24 Key Financial Highlights

Q1 FY24 performance (Consolidated)

INR 1,535 Mn Revenue from Operations

INR (13) Mn Net Profit

INR 78 Mn EBITDA

(0.86)% Net Profit Margin

5.06% EBITDA Margin

INR (0.49)/share EPS

Q1 FY24 Profit and Loss includes expenses on B2C initiatives (net of revenue) - INR 125 Mn

Divisional Breakup (Consolidated):

INR Mn

Q1 FY24

Q1 FY23

Y-o-Y Growth

FY23

FY22

Y-o-Y Growth

Digital Media

Traditional Media

Income from Operations

575

960

1,535

481

479

960

19.6%

100.3%

59.9%

2,237

3,329

5,566

1,814

2,000

3,814

23.3%

66.5%

45.9%

Q1 FY24 Key Operational Highlights

• During the first quarter of FY24, the Company achieved significant revenue growth of 60% year-on-year, primarily driven by enhanced

monetization of its B2C businesses

• However, margins remained under pressure due to:

• Both traditional and digital platforms experiencing a decline in viewership due to availability of IPL for free on digital along with

record viewership on linear television

•

Large number of key advertisers significantly re-allocating their spends towards IPL Launch of a new channel ‘Chumbak TV’ where monetization will commence this quarter

• • Continued slowdown in funding of new-age advertisers resulting in reduced advertising spends

•

The Company anticipates margins to continue to remain under pressure due to tepid advertising outlook coupled with continued investment in B2C initiatives ShemarooMe

•

ShemarooMe Gujarati

• Released 15 new titles during the quarter with content across movies, web series and plays • Digital world premiere of blockbuster movies ‘Chal Man Jeetva Jaiye 2','Aum Mangalam Singalam' and 'Anokhee’ •

Launched with Grameenphone in Bangladesh and Ooredoo in Oman

YouTube: With 65 mn subscribers, Shemaroo FilmiGaane is the 22nd most subscribed channel in the world

• • Broadcasting:

•

Launched the Company's fourth satellite Free-to-Air channel named 'Chumbak TV' in May 2023; the channel is currently available on DD Freedish and select cable operators Shemaroo Umang increased its original programming offering to two hours with the launch of its original productions Shravani and Kundali Milan (which replaced Raaz Mahal) during the quarter Shemaroo GEC channels have a viewership share of around 7% in the overall Hindi GEC genre

• Other Updates: Launched Shemaroo’s FAST channels in USA partnering with Sling TV and in Australia partnering with Seven Network

Shemaroo YouTube Monthly Views

YouTube Monthly Views (in Bn)

6.00

5.00

4.00

3.00

2.00

1.00

ShemarooMe

•

ShemarooMe Gujarati

• Released 15 new titles during the quarter with content across movies, web series and plays

• Digital world premiere of blockbuster movies ‘Chal Man Jeetva Jaiye 2','Aum Mangalam Singalam' and 'Anokhee’

•

Launched with Grameenphone in Bangladesh and Ooredoo in Oman

Shemaroo Broadcasting

•

Launched the Company's fourth satellite Free-to-Air channel named 'Chumbak TV' in May 2023; the channel is currently available on DD Freedish and select cable operators

Shemaroo Umang increased its original programming offering to two hours with the launch of its original productions Shravani and Kundali Milan (which replaced Raaz Mahal) during the quarter

Shemaroo GEC channels have a viewership share of around 7% in the overall Hindi GEC genre

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)

Q1 FY24

Q4 FY23

Q-o-Q

Q1 FY23

Y-o-Y

1,535

1,457

5.06%

(15)

(5)

(10)

(3)

(13)

1,645

1,476

169

(6.7)%

(1.3)%

(54.0)%

960

879

59.9%

65.9%

(4.6)%

10.26%

(520) Bps

8.48%

(342) Bps

208.6%

(3.2)%

5.0%

(2)

(54.0)%

(2.9)%

27.8%

(0.86)%

2.95%

(381) Bps

0.26%

(112) bps

(3)

(16)

(0.49)

(7)

1.78

(1)

0.09

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

Q1 FY24

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

1,535

1,457

5.06%

(15)

(5)

(10)

(3)

(13)

(0.86)%

(3)

(16)

(0.49)

Historical Consolidated Balance Sheet

Equity and Liabilities (INR Mn)

FY22

FY23

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 Term 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

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 (%)

5,131

5,566

3,814

3,111

1,535

FY20

FY21

FY22

FY23

Q1 FY24

Net Worth (INR Mn) and ROCE (%)

5,970

11.59%

6000

4250

5,919

7.04%

5,763

5,818

4.94%

0.87%

15.00%

12.00%

9.00%

6.00%

3.00%

0.00%

FY20

FY21

FY22

FY23

1,200

14.97%

800

400

768

FY20

11.09

301

9.40%

8.49%

358

473

16.0%

14.0%

12.0%

10.0%

8.0%

6.0%

4.0%

2.0%

0.0%

5.06%

FY22

FY23

Q1 FY24

4.04%

126

FY21

PAT (INR Mn) and EPS (INR)

3.45 94

(215)

1.94

(13) (0.49)

FY20

(7.90)

FY21

FY22

FY23

Q1 FY24

600

300

-300

-5

-10

1 Year Stock Market Performance (as on 30th June, 2023)

Capital Market Data

100%

80%

60%

40%

20%

-20%

-40%

-60%

Jul-22

Aug-22

Sep-22

Oct-22

Nov-22

Dec-22

Jan-23

Feb-23

Mar-23

Apr-23

May-23

Jun-23

Shemaroo

Sensex

Price Data (As of 30th June, 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

155.50

205.95/98.30

4,226.84

27.18

98.4

Shareholding Pattern (As on 30th June, 2023)

Public-Others 34.03%

Promoters 65.88%

FPI 0.09%

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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