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Eros International Media Ltd Q4 & FY15 Earnings Presentation 29 th May, 2015

Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

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Page 1: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Ero

s In

tern

ati

on

al M

ed

ia L

tdQ

4 &

FY

15

Ea

rnin

gs

Pre

sen

tati

on

–2

9th

May

, 2

01

5

Page 2: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Safe

Ha

rbo

ur

Ce

rta

inst

ate

me

nts

inth

isp

rese

nta

tio

nco

nce

rnin

gth

efu

ture

gro

wth

pro

spe

cts

are

forw

ard

loo

kin

gst

ate

me

nts

,w

hic

hin

vo

lve

an

um

be

ro

fri

sks

an

du

nce

rta

inti

es

tha

tco

uld

cau

sea

ctu

al

resu

lts

tod

iffe

rm

ate

ria

lly

fro

mth

ose

insu

chfo

rwa

rd-l

oo

kin

gst

ate

me

nts

.In

som

eca

ses,

the

sefo

rwa

rd-l

oo

kin

gst

ate

me

nts

can

be

ide

nti

fie

db

yth

eu

seo

f

forw

ard

-lo

okin

gte

rmin

olo

gy,

incl

ud

ing

the

term

s“believes”,“estim

ates”,“forecasts”,“plans”,“prepares”,“projects”

“anticipates”,“expects”,“intends”,“m

ay”,“w

ill”

or

“should”

or,

ine

ach

case

,th

eir

ne

ga

tive

or

oth

er

va

ria

tio

ns

or

com

pa

rab

lete

rmin

olo

gy,

or

by

dis

cuss

ion

so

fst

rate

gy,

pla

ns,

ob

ject

ive

s,g

oa

ls,

futu

ree

ve

nts

or

inte

nti

on

s.

Th

ese

forw

ard

-lo

okin

gst

ate

me

nts

incl

ud

ea

llm

att

ers

tha

ta

ren

ot

his

tori

cal

fact

s.T

he

ya

pp

ea

rin

an

um

be

ro

fp

lace

sth

rou

gh

ou

tth

isp

rese

nta

tio

na

nd

incl

ud

e,

bu

ta

ren

ot

lim

ite

dto

,st

ate

me

nts

reg

ard

ing

theCompany’s

inte

nti

on

s,b

elie

fso

rcu

rre

nt

exp

ect

ati

on

sco

nce

rnin

g,

am

on

go

the

rth

ing

s,th

eCompany’s

resu

lts

of

op

era

tio

ns,

fin

an

cia

l

con

dit

ion

,li

qu

idit

y,p

rosp

ect

s,g

row

th,

stra

teg

ies,

bu

sin

ess

de

velo

pm

en

t,th

em

ark

ets

inw

hic

hth

eC

om

pa

ny

op

era

tes,

exp

ect

ed

cha

ng

es

inth

eCompany’s

ma

rgin

s,ce

rta

in

cost

or

exp

en

seit

em

sa

sa

pe

rce

nta

ge

of

theCompany’s

reve

nu

es,

theCompany’s

rela

tio

nsh

ips

wit

hth

ea

ter

op

era

tors

an

din

du

stry

pa

rtic

ipa

nts

,th

eCompany’s

ab

ilit

yto

sou

rce

film

con

ten

t,th

eco

mp

leti

on

or

rele

ase

of

theCompany’s

film

sa

nd

the

po

pu

lari

tyth

ere

of,

theCompany’s

ab

ilit

yto

ma

inta

ina

nd

acq

uir

eri

gh

tsto

film

con

ten

t,th

e

Company’s

de

pe

nd

en

ceo

nth

eIn

dia

nb

ox

off

ice

succ

ess

of

its

film

s,th

eCompany’s

ab

ilit

yto

reco

up

bo

xo

ffic

ere

ve

nu

es,

theCompany’s

ab

ilit

yto

com

pe

tein

the

Ind

ian

film

ind

ust

ry,

theCompany’s

ab

ilit

yto

pro

tect

its

inte

lle

ctu

al

pro

pe

rty

rig

hts

an

dit

sa

bil

ity

tore

spo

nd

tote

chn

olo

gic

al

cha

ng

es,

theCompany’s

con

tin

ge

nt

lia

bilit

ies,

ge

ne

ral

eco

no

mic

an

dp

oli

tica

lco

nd

itio

ns

inIn

dia

,in

clu

din

gfi

sca

lp

olicy

an

dre

gu

lato

rych

an

ge

sin

the

Ind

ian

film

ind

ust

ry.

By

the

irn

atu

re,

forw

ard

-lo

okin

gst

ate

me

nts

invo

lve

kn

ow

n

an

du

nkn

ow

nri

ska

nd

un

cert

ain

tyb

eca

use

the

yre

late

tofu

ture

eve

nts

an

dci

rcu

mst

an

ces.

Fo

rwa

rd-l

oo

kin

gst

ate

me

nts

spe

ak

on

lya

so

fth

ed

ate

the

ya

rem

ad

ea

nd

are

no

t

gu

ara

nte

es

of

futu

rep

erf

orm

an

cea

nd

the

act

ua

lre

sult

so

fth

eCompany’s

op

era

tio

ns,

fin

an

cia

lco

nd

itio

na

nd

liq

uid

ity,

an

dth

ed

eve

lop

me

nt

of

the

ma

rke

tsa

nd

the

ind

ust

ry

inw

hic

hth

eC

om

pa

ny

op

era

tes

ma

yd

iffe

rm

ate

ria

lly

fro

mth

ose

de

scri

be

din

,o

rsu

gg

est

ed

by,

the

forw

ard

-lo

okin

gst

ate

me

nts

con

tain

ed

inth

ese

ma

teri

als

.T

he

forw

ard

-

loo

kin

gst

ate

me

nts

inth

isp

rese

nta

tio

na

rem

ad

eo

nly

as

of

the

da

teh

ere

of

an

dth

eC

om

pa

ny

un

de

rta

kes

no

ob

lig

ati

on

tou

pd

ate

or

revis

ea

ny

forw

ard

-lo

okin

g

sta

tem

en

t,w

he

the

ra

sa

resu

lto

fcu

rre

nt

or

futu

ree

ve

nts

or

oth

erw

ise

,e

xce

pt

as

req

uir

ed

by

law

or

ap

pli

cab

leru

les.

2

Page 3: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Co

nte

nt

3

Fin

an

cia

l Hig

hli

gh

ts

Op

era

tio

na

l Hig

hli

gh

ts

Co

mp

an

y O

ve

rvie

w

5-Y

ea

r F

ina

nci

al

Sn

ap

sho

t

Page 4: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Fin

an

cia

l Hig

hlig

hts

Page 5: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Re

sult

s a

t a

Gla

nce

5

Re

ve

nu

es

at

EB

IT a

t

PA

T a

t

Dil

. E

PS

at

up

by

t t

5

Q4

FY

15

FY

15

up

by

up

by

up

by

up

by

up

by

up

by

up

by

Page 6: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Op

era

tio

na

l Hig

hlig

hts

Page 7: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Exe

cuti

ve C

om

me

nt

Co

mm

en

tin

go

nth

ep

erf

orm

an

cefo

rQ

4&

FY

20

15

,M

r.S

un

ilLu

lla

,M

an

ag

ing

Dir

ect

or

of

Ero

s

Inte

rna

tio

na

lM

ed

iaLt

d.

said

,

“We

ha

veco

ncl

ud

ed

the

fisc

al

on

an

exc

ell

en

tn

ote

ba

sed

on

ou

rst

rate

gy

of

inve

stin

gin

con

ten

t-

ba

cke

dH

ind

ia

nd

reg

ion

al

Mo

vie

sa

nd

ext

en

sive

lym

on

eti

zin

git

acr

oss

all

pla

tfo

rms

such

as

the

atr

ica

l,te

levi

sio

na

nd

dig

ita

l.T

he

yea

rh

as

rein

forc

ed

ou

rb

eli

ef

inth

ep

ort

foli

oa

pp

roa

chto

mo

vie

-ma

kin

g,

wh

ich

en

ab

les

us

tod

eli

ver

sust

ain

ed

gro

wth

sup

po

rte

db

yco

nsi

ste

ntl

yst

ron

g

pre

sale

s.O

ur

foo

tpri

nt

inth

ere

gio

na

lm

ark

et,

inp

art

icu

lar,

ha

sw

ork

ed

very

we

llfo

ru

s.

Alo

ng

wit

hth

eh

ea

lth

yp

erf

orm

an

ceo

fo

ur

ne

wm

ovi

ere

lea

ses,

we

wit

ne

sse

da

stro

ng

up

swin

gin

reve

nu

eco

ntr

ibu

tio

nfr

om

ou

r2

,00

0p

lus

mo

vie

lib

rary

.W

ea

ree

xcit

ed

ab

ou

to

ur

ne

wve

ntu

reTr

init

y

Pic

ture

sth

at

wil

lb

uil

dfr

an

chis

efi

lms

an

dlo

ok

forw

ard

tow

ard

sca

pit

ali

zin

go

nd

igit

al

reve

nu

e

op

po

rtu

nit

yth

rou

gh

Ero

sNo

w.

Th

eIn

dia

ne

nte

rta

inm

en

tin

du

stry

isin

mid

sto

fa

stru

ctu

ral

shif

ta

nd

ha

sp

ote

nti

al

tom

ult

iply

reve

nu

est

rea

ms

wit

hm

ult

iple

xin

g,

dig

ita

la

dd

ress

ab

ilit

y,b

roa

db

an

da

nd

mo

bil

ep

en

etr

ati

on

as

dri

vin

gth

em

es.

Ero

sh

as

be

en

an

tici

pa

tin

ga

nd

pre

pa

rin

gfo

rth

ese

cha

ng

es

for

ma

ny

yea

rs.

We

ha

ve

sta

rte

dF

Y1

6o

na

ne

xtre

me

lyp

osi

tive

no

tew

ith

the

reso

un

din

gsu

cce

sso

f‘T

an

uW

ed

sM

an

uReturns’

tob

efo

llo

we

db

y‘B

aja

ran

gi

Bh

aij

aa

n’

on

Eid

an

d‘B

aji

raoMastani’on

Ch

rist

ma

sa

so

ur

ten

tp

ole

film

s

for

the

yea

r.W

eb

eli

eve

we

can

con

tin

ue

this

gro

wth

mo

me

ntu

min

toF

Y1

6a

sw

ell

.”

7

Page 8: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Op

era

tio

na

l Hig

hlig

hts

Str

on

gF

ina

nci

al

Pe

rfo

rma

nce

lR

efl

ect

ssu

cce

sso

fn

ew

rele

ase

sa

nd

he

alt

hy

libra

rym

on

eti

zati

on

acr

oss

tra

dit

ion

ala

nd

em

erg

ing

pla

tfo

rms.

oT

he

atr

ica

la

nd

pre

-sa

les

reve

nu

es

du

rin

gFY

20

15

we

red

rive

nb

yth

esu

cce

sso

fg

lob

al

an

do

vers

ea

sre

lea

ses

na

me

ly‘N

H1

0’,

‘Ba

dla

pu

r’,

‘Te

var’

,‘S

ha

mit

ab

h’,

‘Act

ion

Jack

son

’,‘L

inga

a’

(Mu

lti-

ling

ua

l),

‘Ka

thth

i’(T

am

il),

‘Ko

cha

da

iiya

an

’(M

ult

i-Li

ng

ua

l),

‘Aa

gad

u’

(Te

lug

u),

‘Sin

gh

am

Re

turn

s’(O

vers

ea

s),

‘Ma

ryK

om

’(O

vers

ea

s),

‘Ek

Vil

lain

’(O

vers

ea

s),

‘Ma

inTe

raH

ero

’(O

vers

ea

s),

an

do

the

rre

gio

na

lla

ng

ua

ge

rele

ase

s

oR

eve

nu

es

fro

mth

esa

telli

tese

gm

en

ta

nd

rob

ust

cata

log

ue

mo

ne

tiza

tio

nco

ntr

ibu

ted

tow

ard

sfi

na

nci

alp

erf

orm

an

ce.

Div

ers

ifie

dre

ve

nu

em

ix

lT

he

atr

ica

lR

eve

nu

es

con

trib

ute

d-

38

%,

Tele

visi

on

&O

the

rs–

31

.3%

an

dO

vers

ea

sR

eve

nu

es

–3

0.7

%a

sa

pe

rce

nta

ge

of

Tota

lIn

com

e

Ex

pa

nd

ing

Ca

talo

gu

eM

on

eti

zati

on

lE

xte

nsi

vefi

lmlib

rary

of

ove

r2

,00

0+

film

sh

as

be

en

incr

ea

sin

git

sco

ntr

ibu

tio

nye

ar

on

yea

rw

ith

FY1

5ca

talo

gu

ere

ven

ue

at

22

%o

fTo

talI

nco

me

8

10

%1

2%

15

%

22

%

FY1

2FY

13

FY1

4FY

15

Ca

talo

gu

e C

on

trib

uti

on

Page 9: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Op

era

tio

na

l Hig

hlig

hts

–P

ort

folio

Str

ate

gy

Lau

nch

es

Trin

ity

Pic

ture

sto

pro

du

cefr

an

chis

efi

lms

lT

he

Co

mp

an

yla

un

che

da

Mo

tio

nP

ictu

res

Pro

du

ctio

nC

om

pa

ny,

Trin

ity

Pic

ture

s,w

hic

hw

illf

ocu

so

nd

eve

lop

ing

inte

llect

ua

l

pro

pe

rty

in-h

ou

sew

ith

spe

cia

lem

ph

asi

so

nfr

an

chis

efi

lms.

9

44

37

20

30

02

FY2

01

5FY

20

14

Hin

di

Tam

il/Te

lug

uR

eg

ion

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74

10

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20

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Hig

h B

ud

get

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diu

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get

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mp

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ed

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cce

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pu

rsu

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ort

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rate

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du

rin

gth

ey

ea

r

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he

Co

mp

an

yre

lea

sed

ato

talo

f6

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lms

du

rin

gth

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ar

(69

film

sin

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),a

sp

er

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bre

ak-

up

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low

:

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rtfo

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ng

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et

Hig

h B

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r H

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7m

n,

Low

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et

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ug

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diu

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th

e in

term

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iate

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1U

SD=

Rs.

61

Page 10: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Op

era

tio

na

l Hig

hlig

hts

–D

igit

al S

tra

teg

y

Ero

sNo

wfa

ste

vo

lvin

ga

sa

go

-to

de

stin

ati

on

for

Ind

ian

En

tert

ain

me

nt

con

ten

t

lE

rosN

ow

ha

sst

ron

gp

ote

nti

al

tod

raw

dig

ita

lre

ven

ue

sw

ith

ove

r1

4m

nm

illio

n

reg

iste

red

use

rsin

Ind

ia(a

com

bin

ati

on

of

fre

e,

tra

nsa

ctio

na

la

nd

pre

miu

m

use

rs)

acr

oss

all

its

pla

tfo

rms.

lK

ey

pa

rtn

ers

hip

scu

rre

ntl

yin

clu

de

:

10

TV

Co

nte

nt

Fil

m C

on

ten

tD

igit

al

Pla

tfo

rms

Mu

sic

An

dro

idiO

SW

eb

Kin

dle

Fir

eS

am

sun

g

Sm

art

TV

Ch

rom

eca

stK

ind

le F

ire

Sa

msu

ng

Sm

art

TV

Ch

rom

eca

st

Page 11: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Op

era

tio

na

l Hig

hlig

hts

–N

ew

Ma

rke

ts

Em

erg

ed

as

the

mo

stp

refe

rre

db

usi

ne

ssp

art

ne

rfo

rIn

do

-Ch

ine

seco

lla

bo

rati

on

sin

the

fie

ldo

ffi

lma

nd

en

tert

ain

me

nt

lSi

gn

ed

lan

dm

ark

de

als

wit

hth

ree

ma

jor

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Page 12: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

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Page 13: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

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Page 14: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

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Page 15: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

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Page 18: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

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ium

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vie

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re

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aga

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me

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vie

s in

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h b

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me

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lo

w b

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ovi

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re r

ele

ase

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n Q

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gain

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pe

rio

d w

as

dri

ven

by

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su

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ss o

f g

lob

al a

nd

ove

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rele

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am

ely

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10

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ad

lap

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eva

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lti-

lin

gu

al)

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ath

thi’

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mil

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cha

da

iiya

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ult

i-

Lin

gu

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ag

ad

u’

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lug

u),

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ng

ha

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rns’

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ve

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as)

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ary

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m’

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as)

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kV

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rse

as)

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ain

Te

ra

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(Ove

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as)

, a

nd

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er

reg

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al

lan

gu

ag

e r

ele

ase

s

oA

dd

itio

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ca

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eti

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co

ntr

ibu

ted

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% t

o t

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To

tal I

nco

me

du

rin

g F

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18

Page 19: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Fin

an

cia

l Ove

rvie

w a

nd

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cuss

ion

EB

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19

Page 20: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Co

mp

an

y O

verv

iew

Page 21: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Co

mp

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t a

Gla

nce

Re

lea

ses

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r th

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fisc

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Page 22: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Ve

rtic

ally

-In

teg

rate

d S

tud

io

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sic

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rsO

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Page 23: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Co

mp

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y St

rate

gy

23

De

-ris

ked

& D

ive

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sin

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to

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ou

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iffe

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Page 24: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Fin

an

cia

l Sn

ap

sho

t

Page 25: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Stro

ng

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an

cia

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ack

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cord

25

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ea

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rs

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Page 26: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Co

nsi

ste

nt

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fit

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wth

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Page 27: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Ab

ou

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s

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sIn

tern

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me

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rosi

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m

Page 28: Eros International Media Ltd (CRD)(290515) · looking statements in this presentation are made only as of the date h ereof and the Company undertakes no obligation to update or revise

Th

an

k Yo

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