UFONSE2 November 2023

UFO Moviez India Limited has informed the Exchange about Investor Presentation

UFO Moviez India Limited

November 02, 2023

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Fax: 022 – 2272 3121 BSE Scrip Code: 539141

Dear Sir/ Ma’am,

Sub: Investor Presentation

To, National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051 Fax : 022- 2659 8237/ 38 NSE Symbol: UFO

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith presentation on Investors / analysts on the financial performance of the Company for financial results of the Company for the quarter and half year ended September 30, 2023.

Request you to take it on record and disseminate it on your website.

Thanking you.

Yours faithfully, For UFO Moviez India Limited

Kavita Thadeshwar Company Secretary

Encl.: a/a

UFO MOVIEZ INDIA LIMITED: VALUABLE TECHNO PARK, PLOT 53/1, ROAD 07, MIDC, ANDHERI (E), MUMBAI 400 093 T: +91 022 4030 5060

E: CORPORATE@UFOMOVIEZ.COM CORPORATE IDENTITY NUMBER: L22120MH2004PLC285453 WWW.UFOMOVIEZ.COM

GST IN: 27AABCV8900E1ZF

Q2&H1FY24

Results Presentation

Safe Harbour

The presentation has been prepared by UFO Moviez India Limited together with its subsidiaries (the “Company”), for informational purpose only and does not constitute or form part of an offer, solicitation or invitation of any offer to purchase or subscribe for any securities of the Company in any jurisdiction, nor should this presentation or any part thereof form the basis of, or be relied upon in any connection with, any contract, commitment or investment decision whatsoever.

This presentation has not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained in the presentation. None of the Company or any of its affiliates, advisers or representatives accepts any liability whatsoever for any loss howsoever arising from any information presented or contained in these materials. The information presented or contained in this presentation is subject to change without notice and its accuracy is not guaranteed.

This presentation, except for the historical information, may contain forward looking statements, including the words or phrases such as “expects”, “anticipates”, “intends”, “will”, “would”, “undertakes”, “aims”, “estimates”, “contemplates”, “seeks to”, “objective”, “goal”, “projects”, “should” and similar expressions or variations of these expressions or negatives of these terms indicating future performance or results, financial or otherwise, which are forward looking statements. These forward looking statements are based on certain expectations, assumptions, anticipated developments and other factors which are not limited to, risk and uncertainties regarding fluctuations in earnings, market growth, intense competition and the pricing environment in the market, ability to maintain and manage key customer relationship and supply chain sources and those factors which may affect our ability to implement business strategies successfully, namely changes in regulatory environments, political instability and new or changed priorities of the trade. The Company, therefore, cannot guarantee that the forward looking statements made herein shall be realized. The Company, based on changes as stated above, may alter, amend, modify or make necessary corrective changes in any manner to any such forward looking statement contained herein or make written or oral forward looking statements as may be required from time to time on the basis of subsequent developments and events. The Company does not undertake any obligation to update forward looking statements that may be made from time to time by or on behalf of the Company to reflect the events or circumstances after the date hereof.

The Company has prepared Financial Results based on the Indian Accounting Standards (Ind AS) and has reported and analyzed these results on a consolidated basis in this presentation.

UFO Moviez at a Glance

3,303 High Impact Ad Screens

1,220 Cities & Towns Across India

1,065 Movies Digitally Delivered in H1FY24

Power to Impact upto 1.7 billion Viewers Annually

UFO’s Offerings

Cinema Value Chain

UFO’s Offering

Advantage

Revenue Stream

Producer

Distributor

Exhibitor

Content Digitization

Satellite or Physical Delivery of Content

Cinema Equipment for Movie Playout

Cost & Time Arbitrage

Digitization Fee

Content Delivery Charges & VPF Service Revenue

Fixed Rental / Sale of Equipment and Consumables

Audience

Excellent Viewing Experience

Advertisers

UFO has acquired long term rights over the Theaters Advertisement inventory and shares a portion of the Advertisement revenues with Exhibitors

UFO’s In Cinema Advertising Platform

Financial & Operating Highlights

Consolidated Financial Highlights (1/2)

Q2FY24 vs Q2FY23 (INR Mn)

Total Revenue

1,078

871

-19%

EBITDA

177

225%

Q2FY24

Q2FY23

Q2FY24

Q2FY23*

PBT

PAT

L2P

Q2FY24^

-101

Q2FY23

Q2FY24^

L2P

-92

Q2FY23

*Q2FY23 EBITDA is before considering provision of Rs.29mn towards provisioning for impairment of an investment in an associate. The reported EBITDA after considering the provision is Rs.25mn. ^ Q2FY24 PBT and PAT includes net exceptional loss of Rs.14 mn.

Consolidated Financial Highlights (2/2)

H1FY24 vs H1FY23 (INR Mn)

Total Revenue

EBITDA

1,984

340

1725

-13%

152

124%

H1FY24

H1FY23

H1FY24

H1FY23

PBT

PAT

L2P

-128

H1FY23

H1FY24^

L2P

-117

H1FY23

*H1FY23 EBITDA is before considering provision of Rs.29mn towards provisioning for impairment of an investment in an associate. The reported EBITDA after considering the provision is Rs.123mn. ^ H1FY24 PBT and PAT includes net exceptional loss of Rs.14mn.

Consolidated Revenue Mix

Q2FY24

294 34%

308 36%

866

263 30%

Q2FY23

133 12%

460 43%

1,075

482 45%

(INR Mn)

Advertisement Revenue

Distributor Revenue

Exhibitor Revenue

(INR Mn)

Advertisement Revenue

- In-Cinema Advertisement Revenue

- Corporate + Hyperlocal - Government + PSU

- Caravan Advertisement Revenue Revenue from Distributor

Content Delivery Charge VPF Service Revenue Digitisation Income Others

Revenue from Exhibitor

Lease rental income Total Sales of Products Other Operating Revenues Revenue from Operations

Note: Excludes Other Income

(i)

(ii)

(iii)

(i+ii+iii)

Q2FY24

Q2FY23

YoY %

Change

294 292 215 77 3 263 201 23 35 4 308 141 126 41 866

133 131 103 29 3 482 244 79 54 105 460 135 288 37 1,075

120% 123% 110% 167% 1% -45% -17% -71% -35% -96% -33% 5% -56% 11% -20%

Consolidated Revenue Mix

H1FY24

529 31%

626 36%

1,715

560 33%

H1FY23

312 16%

800 40%

1,976

864 44%

(INR Mn)

Advertisement Revenue

Distributor Revenue

Exhibitor Revenue

(INR Mn)

Advertisement Revenue

- In-Cinema Advertisement Revenue

- Corporate + Hyperlocal - Government + PSU

- Caravan Advertisement Revenue Revenue from Distributor

Content Delivery Charge VPF Service Revenue Digitisation Income Others

Revenue from Exhibitor

Lease rental income Total Sales of Products Other Operating Revenues Revenue from Operations

Note: Excludes Other Income

H1FY24

H1FY23

YoY %

Change

(i)

(ii)

(iii)

(i+ii+iii)

529 510 395 115 19 560 407 65 82 6 626 284 268 74 1,715

312 307 253 54 5 864 465 142 108 149 800 273 443 84 1,976

70% 66% 56% 113% 320% -35% -12% -54% -24% -96% -22% 4% -39% -12% -13%

In-Cinema Advertising Performance

In-Cinema Advertisement Operating Parameter

Number of Screens

Prime Screens

Popular Screens

Full House Seating Capacity - Annualized

3,303

2,033

1,270

~1.7 Bn

H1FY24

Metro and Tier I

Other Cities and Towns

Prime

Popular

Prime

Popular

# of UFO Screens

Cities and Towns

863

129

231

100

1,170

1,039

457

786

Full House Seating Capacity – Per Show All Screens

268,663

121,864

325,826

459,272

Seating Capacity Per Screen Per Show

**Full House Seating Capacity Annualised (in Mn Seats)

311

387

528

175

278

469

442

661

**Cities and Towns with population greater than 1.5 Mn are categorized as “Metro and Tier I” Full house seating capacity – Annualised is calculated by multiplying full house seating capacity per show x 4 shows a day x 30 days x 12 months

In-Cinema Advertisement Revenue Analysis

Government + PSU

Corporate + Hyperlocal

INR Mn

292

74%

26%

Q2FY24

131

78%

Q2FY23

22%

510

77%

23%

H1FY24

307

83%

17%

H1FY23

Ad Revenue / Screen for the period (Avg) (Rs.)

89,259

37,501

153,335

88,271

Q2FY24

Q2FY23

H1FY24

H1FY23

Average # of minutes sold / show / Ad Screen

4.79

1.75

4.45

2.29

Advertisement Sharing with Exhibitors

41.32%

86.52%

44.26%

66.02%

Average # of minutes sold / show / Ad Screen is calculated by dividing total # of advertisement minutes sold by average # of Screens with Ad Rights during the period Average # of Advertising Screens = (Sum of # of Opening Advertisement Screens and # of Closing Advertisement Screens) / 2

Theatrical Revenues

Theatrical revenues from Distributors

Content Delivery Charges

Revenue (INR Mn)

465

407

201

244

Q2FY24

Q2FY23

H1FY24

H1FY23

VPF Service Revenue

Revenue (INR Mn)

Q2FY24*

Q2FY23

Gross Revenue

Net Revenue

Net Revenue = Gross Revenue less Revenue Shared to the Exhibitors

* Q2FY24 includes the impact of Rs. 4mn on account of reclassification pertaining to Q1FY24.

142

H1FY24

H1FY23

Gross Revenue

Net Revenue

Operating Parameter – Distributor Revenue

# of Screens^

CDC Category Screens

Q2FY24

Q2FY23

H1FY24

H1FY23

3,045

3,142

3,045

3,142

VPF Category Screens

349

1,805

349

1,805

Total

3,394

4,947

3,394

4,947

# of Screens as on September 30, 2023

Revenue / Screen (Average) (in Rs.)

Q2FY24*

Q2FY23

H1FY24

H1FY23

CDC Category Screens

65,301

77,509

1,34,708

1,44,865

VPF Category Screens – Gross

VPF Category Screens – Net

^Includes franchisee screens

78,107

23,104

43,973

12,578

1,90,350

57,104

81,009

23,878

* Q2FY24 includes the impact of Rs. 4mn on account of reclassification pertaining to Q1FY24.

Financial Performance

Consolidated Reported P&L Statement

EBITDA (excl. one time impairment provisioning)

177

(INR Mn)

Revenue from Operations

Other Income

Total Revenue

Total Expenses

Less: One time impairment provisioning

EBITDA (Reported)

Depreciation and Amortisation

EBIT

Finance Cost

Finance Income

Profit from Associates

PBT

Exceptional item

PBT (After considering exceptional item)

Tax

PAT

Basic EPS

Q2FY24 Q2FY23 % Change

H1FY24

H1FY23 % Change

866

1,075

871

1,078

695

1,024

128

-103

-101

-9

-92

177

104

0.86

-2.40

-19%

47%

-19%

-32%

225%

600%

-18%

17%

-2%

L2P

1,715

1,975

1,725

1,385

340

215

125

1,984

1,832

152

123

255

-132

105

-128

1.52

-128

-11

-117

-3.07

-13%

10%

-13%

-24%

124%

176%

-16%

27%

-7%

-23%

L2P

Ind AS 116 impact on P&L - certain operating lease expense (Q2FY24 - Rs. 23.57 Mn & H1FY24 - Rs. 45.4 Mn) are recognised as Depreciation expense for the

right of use assets (Q2FY24 - Rs. 17.06 Mn & H1FY24 - Rs. 32.99 Mn) and Finance Cost for interest accrued on lease liability (Q2FY24 - Rs. 6.51 Mn & H1FY24 -

Rs. 12.41 Mn).

Consolidated Expenditure Analysis

Expenses as a % of Total Revenue

Q2FY24 Q2FY23 H1FY24 H1FY23

1) Total Operating Direct Cost

37.3% 54.4% 38.6% 48.6%

Key Operating Direct Cost Components

- Advertisement revenue share payment

13.8%

10.5% 13.1%

10.2%

- VPF service revenue share

2.2%

5.2%

2.6%

5.1%

- Purchase of Equipment, Lamps and Spares

11.4%

21.4% 12.4%

17.4%

2) Employee Benefit Expenses

23.9% 23.7% 23.2% 25.8%

3) Other Expenses (SG&A )

18.6% 16.8% 18.5% 17.9%

4) One-time Impairment Provisioning

2.7%

1.5%

Total Expenses

EBITDA Margin

79.7% 97.7% 80.3% 93.8%

20.3% 2.3% 19.7% 6.2%

Annexure

Historical Advertisement Performance

Advertisement Revenues (INR Mn)

2,372

2,136

1,790

1,578

1,167

1,547

Severely Impacted due to the COVID-19 pandemic.

755

529

151

FY15

FY16

FY17

FY18

FY19

FY20

FY21

FY22

FY23

H1FY24

Historical In-Cinema Advertising Performance

Government + PSU

Corporate + Retail

2,131

2,047

43%

47%

1,792

44%

1,578

47%

53%

56%

57%

53%

1,167

46%

54%

INR Mn

1,481

66%

34%

740

66%

34%

510

77%

23%

FY15

FY16

FY17

FY18

FY19

FY20

FY23

H1FY24

# of Screens with Ad Rights

3,784

3,713

3,745

3,897

3,697

3,792

3,348

3,303

Annual Ad Revenue / Screen (Avg) (INR)

316,346

410,275

474,597 535,847

561,102 395,524 216,702 153,335

# of Minutes Sold / Show / Ad Screen

3.36

4.15

4.34

5.19

5.54

4.16

3.06

4.45

Ad Sharing with Exhibitors

33.76% 30.66% 29.14% 31.75% 32.44% 36.41% 60.13% 44.26%

*Excludes Advertisement Revenues from Caravan Talkies # of minutes sold / show / Ad Screen is calculated by dividing total # of advertisement minutes sold by average # of advertisement screens during the period Average # of Advertising Screens = ( Sum of # of Opening Advertisement Screens and # of Closing Advertisement Screens) / 2

Shareholding

(% of Total # of shares)

September 30, 2023

Promoters

Institutional Investors

Foreign Portfolio Investors

Corporate Bodies

Others

22.58%

24.48%

0.78%

4.71%

47.43%

Total # of Shares

3,83,93,773

About UFO Moviez India Limited

UFO is the first one, to enable cinema digitization with satellite technology in India. That also makes UFO the largest in- cinema advertising platform, with the power to impact almost 1.7 billion viewers annually through 3,303 screens comprising of 2,033 screens in the PRIME channel and 1,270 screens in the POPULAR channel across 1,220 cities, leading directly into the hearts of India’s Urban Heartland.

In the early 2000s, UFO optimized the potential of Indian cinema with satellite-based technology that transformed Annual Jubilee into Friday box office collections, slow-chain release into First Day - First Show, one blockbuster after another. It has made cinema into an equal experience for the whole country, making it an instant success with the youth that is already teased with pre-release teasers and trailers.

UFO is the end to end service provider for all DCI and non-DCI related cinema solutions. As on September 30, 2023, UFO’s global network, along with subsidiaries and associates, spans 3,520 screens. UFO has created a pan India, high impact in-cinema advertising platform with generally long-term advertising rights to 3,303 screens, with an aggregate seating capacity of approximately 1.7 billion viewers annually and a reach of 1,220 cities and towns across India, as on September 30, 2023.

UFO’s innovation driven DNA empowers it to use technology and business intelligence to minimize content irrelevance by providing relevant content, to the relevant people, at the relevant time! It aims at enabling an environment of content sufficiency to the running cinema infrastructures, as well as to create a one stop solution to set-up local movie theatres through a standardized model both in terms of infrastructure and experience. Apart from this the company also has Caravan Talkies that takes brands to rural India providing them an opportunity to reach media dark areas.

UFO’s mission is clear - un-biased, undivided, uninterrupted, cinema for all, and in doing so, outshining as the country’s largest cinema influencers.

Visit us at www.ufomoviez.com. For further details, contact:

Ami Mehta

Asst. Manager – Investor Relations

Tel: +91 22 4030 5126

Email: ami.mehta@ufomoviez.com

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UFO Moviez India Limited has informed the Exchange about Investor Presentation

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