I N O X L E I S U R E L T D . Q 3 & 9 M O N T H S - F … · 200.0 250.0 300.0 350.0 400.0 ... • A d v a n c e d 4 K P r o j e c t i o n • A u g m e n t e d R e a l i t y

I N O X L E I S U R E L T D .

Q 3 & 9 M O N T H S - F Y 2 0 1 8 R E S U L T S U P D A T E

Disclaimer

2

This presentation and the following discussion may contain “forward looking statements” by Inox Leisure Limited (“ILL” or “theCompany”) that are not historical in nature. These forward looking statements, which may include statements relating to future stateof affairs, results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs,assumptions, expectations, estimates, and projections of the management of ILL about the business, industry and markets in which ILLoperates.

These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and otherfactors, some of which are beyond ILL’s control and difficult to predict, that could cause actual results, performance or achievementsto differ materially from those in the forward looking statements.

Such statements are not, and should not be construed, as a representation as to future performance or achievements of ILL. Inparticular, such statements should not be regarded as a projection of future performance of ILL. It should be noted that the actualperformance or achievements of ILL may vary significantly from such statements.

Due to rounding-off, figures presented throughout this document may not add up precisely to the totals provided and percentagesmay not precisely reflect the rounded-off figures.

All financial figures, upto and including FY15 are as per IGAAP and for FY16 and thereafter are as per IND-AS. Revenues for FY13 toFY15 are shown net of entertainment tax, to be consistent with the revenues under IND-AS for FY16 and thereafter.

3

Q 3 & 9 M O N T H S F Y 1 8 R E S U L T S P R O P E R T Y O P E N I N G S , P A N

I N D I A P R E S E N C E & N E W S C R E E N S P I P E L I N E

C O N T E N T P I P E L I N E S H A R E H O L D I N G S T R U C T U R E A N N E X U R E

DISCUSSION

SUMMARY

Q3 & 9M FY18 Result Highlights

4

Q3 FY18 YoY Comparison

298.0

325.9

280 .0

285 .0

290 .0

295 .0

300 .0

305 .0

310 .0

315 .0

320 .0

325 .0

330 .0

Q3FY17 Q3FY18

31.7 46.3

10.6%14.2%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

-

5.0

10.0

15.0

20.0

25.0

30.0

35.0

40.0

45.0

50.0

Q3FY17 Q3FY18

EBITDA EBITDA Margin

3.8 13.2

1.3%

4.0%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

-

5.0

10.0

15.0

20.0

25.0

30.0

35.0

40.0

45.0

50.0

Q3FY17 Q3FY18

PAT PAT Margin

Revenue from Operations EBITDA PAT

9M FY18 YoY Comparison

9% 46% 251%

Revenue from Operations EBITDA PAT

Note: EBITDA excludes Other Income (non-operating)

10% 38% 88%

932.2

1,024.5

880 .0

900 .0

920 .0

940 .0

960 .0

980 .0

1,00 0.0

1,02 0.0

1,04 0.0

9MFY17 9MFY18

121.0 166.6

13.0%16.3%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

-

20.0

40.0

60.0

80.0

100 .0

120 .0

140 .0

160 .0

180 .0

9MFY17 9MFY18

EBITDA EBITDA Margin

30.3 56.9

3.2%

5.6%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

-

10.0

20.0

30.0

40.0

50.0

60.0

9MFY17 9MFY18

PAT PAT Margin

All figures in INR Crs., unless specified

5

Q3 & 9M FY18 Results Analysis – Revenue Break Up Analysis

176.4 187.9

67.6 73.130.2

40.323.724.6

298.0325.9

0.0

100.0

200.0

300.0

400.0

500.0

600.0

700.0

800.0

Q3FY17 Q3FY18

569.4 612.7

218.4228.4

75.3105.769.1

77.7932.21024.5

-100.0

100.0

300.0

500.0

700.0

900.0

1100.0

9MFY17 9MFY18

%Share Q3FY17 Q3FY18 9MFY17 9MFY18

Net Box Office 59.2% 57.6% 61.1% 59.8%

Net Food & Beverage 22.7% 22.4% 23.4% 22.3%

Advertisement 10.1% 12.4% 8.1% 10.3%

Other Operating Revenues 8.0% 7.6% 7.4% 7.6%

3.9%

33.3%

8.2%

6.5%

12.4%

40.4%

4.6%

7.6%

Q3 FY18 YoY Comparison 9M FY18 YoY Comparison


6

Q3FY18 Results Analysis – Top 5 Movies in INOX

TOP 5 Movies in INOX

GBOC – Gross Box Office Collection

Top 5 films accounted for 52% of Q3 FY18 GBOC revenues (53% in Q3 FY17)

Q3FY18 Tiger Zinda Hai Golmaal Again Judwaa-2 Secret Superstar Fukrey Returns

Footfalls (Lacs) 16.98 18.64 9.53 6.76 8.08

GBOC (INR Crs.) 41.51 38.16 17.01 15.04 14.32

Q3 & 9M FY18 Results Analysis – Key Operational Metrics

7

Overall Footfalls & Occupancy%

124.7 121.3

407.1 407.0

26% 24% 28%27%

3%

8%

13%

18%

23%

28%

33%

-

50.0

100.0

150.0

200.0

250.0

300.0

350.0

400.0

450.0

500.0

Q3FY17 Q3FY18 9MFY17 9MFY18

Footfalls (Lacs) Occ%

Comparable Properties Footfalls & Occupancy%

113.6 108.5

368.0 352.6

26% 24% 28%27%

3%

8%

13%

18%

23%

28%

33%

-

50.0

100.0

150.0

200.0

250.0

300.0

350.0

400.0

450.0

500.0


Footfalls (Lacs) Occ%

182 199 179 193

-

50

100

150

200

250

300


183 199 181 194

-

50

100

150

200

250

300


Overall Average Ticket Price (ATP) [INR] Comparable Properties Average Ticket Price (ATP) [INR]

Footfalls with Management properties: Q3FY18 – 128 lacs, 9MFY18 – 430 lacs

Note: All above charts exclude management properties

-2.7%

9.6% 7.3%

-4.5% -4.2%

8.8% 7.3%

8


Spend Per Head (SPH) [INR] Food & Beverages – Net Contribution (%)

Advertisement Revenue [INR Crs.] Other Operating Revenue [INR Crs.]

63 70 63 66

-

10

20

30

40

50

60

70

80

90

100


76.1% 75.8% 75.8% 76.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

100.0%


30.2 40.3

75.3

105.7

(10.0)

10.0

30.0

50.0

70.0

90.0

110.0

130.0

150.0


23.7 24.6 69.1 77.7

-

20.0

40.0

60.0

80.0

100.0

120.0

140.0

160.0

180.0

200.0


5.5%

33.3% 40.4% 3.9% 12.4%

10.5%

9


Film Distributor Share [%]

45.7% 46.9%44.6% 45.5%

36.0% 36.8% 35.1% 35.9%

0.0 %

10. 0%

20. 0%

30. 0%

40. 0%

50. 0%

60. 0%

70. 0%


Distributor Share On NBOC Distributor Share On GBOC

NBOC (Net Box Office Collections) , GBOC (Gross Box Office Collections)

5.1 5.6 16.1 16.4 11.3 11.6

34.2 35.1

10.2 10.0

32.6 33.3

13.5 11.8

39.9 34.8

40.1 39.0

122.7 119.7

(1 0.0)

10.0

30.0

50.0

70.0

90.0

110 .0

130 .0


Employee Benefits Property Rent & Conducting Fees

CAM, Power & Fuel, R&M Other Overheads

Other Overheads Per Operating Screen (INR Lacs)

-12.5%

-2.5%

2.9%

9.6%

-12.6%

2.3%

2.7%

1.9%

10

Introducing the all new 7 STAR

METRO INOX MUMBAI’S GREATEST LOVE STORY…

• 6 S c r e e n s , 1 2 7 1 s e a t s

• K I D D L E S - M u m b a i ’ s f i r s t k i d s t h e a t r e

• C a f e U N W I N D

• A d v a n c e d 4 K P r o j e c t i o n

• A u g m e n t e d R e a l i t y

• D o l b y A t m o s

• V o l f o n i 3 D

New Properties Opened – Q3FY18

11

Property Names Opened Property Screens Seats

Pune Heritage Mall Q1FY18 1 4 662

Greater Noida Omaxe Mall Q2FY18 1 5 1,223

Mumbai Worli Atria Q3FY18 1 5 167

Kolhapur Reliance Mall Q3FY18 1 4 870

Ghaziabad Shipra Mall Q3FY18 1 3 1,153

YTD Openings 5 21 4,075

Mumbai Atria (21st Oct 2017)5 Screens 167 Seats

Ghaziabad Shipra Mall (22nd Dec 2017)3 Screens 1,153 Seats

Kolhapur Reliance (29th Nov 2017)4 Screens 870 Seats

Track Record of Aggressive Expansion

12

8 12 25 35 5176 91

119

239 257 279310

372420

468 488

2 3 6 9 14 22 26 32

63 68 72 7996

107118 122

-100

-50

0

50

100

0

100

200

300

400

500

600FY

03

FY04

FY05

FY06

FY0

7

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

FY16

FY1

7

Jan

-18

Screens Properties

Note: Includes Acquisition of 89 Cinemas in FY07, Fame in FY11 and Satyam in FY15

ON AN AVERAGE ADDITION OF 3 SCREENS EVERY MONTH OVER THE LAST DECADE

PAN India Presence

13

ONE OF THE LARGEST MULTIPLEX CHAIN OPERATOR IN INDIA

* Includes 8 management properties with 29 screens and 7,370 seats

KERALA |1 Property | 6 Screens

19States

60Cities

122Properties

488Screens

121,281Seats

JHARKHAND | 1 Property | 4 Screens

WEST BENGAL | 14 Properties | 55 Screens

ODISHA | 1 Property | 3 Screens

CHHATTISGARH | 2 Properties | 8 Screens

TELANGANA | 2 Properties | 11 Screens

ANDHRA PRADESH | 7 Properties | 28 ScreensKARNATAKA |10 Properties | 40 Screens

GOA | 4 Properties | 14 Screens

MAHARASHTRA | 27 Properties | 118 Screens

GUJARAT | 16 Properties | 67 Screens

MADHYA PRADESH | 4 Properties | 16 Screens

RAJASTHAN | 13 Properties | 43 Screens

HARYANA | 5 Properties | 16 Screens

TAMIL NADU | 3 Properties | 14 Screens

UTTAR PRADESH | 6 Properties | 24 Screens

DELHI | 4 Properties | 13 Screens

PUNJAB | 1 Property | 6 Screens

Assam | 1 Property | 2 Screens

New Screen Pipeline

14

Properties Screens SeatsProperties Properties Screens Seats FY17 118 468 118,285

Pune Heritage (Opened 26th Apr17) 1 4 662 Additions - Apr17 to Dec17 5 21 4,075

Greater Noida Omaxe (Opened 14th Jul17) 1 5 1,223 Expected - Jan18 to Mar18 5 22 4,747

Mumbai Atria (Opened 21st Oct17) 1 5 167 FY18** 127 510 126,028

Kolhapur Reliance (Opened 29th Nov17) 1 4 870 Additions Post FY18 102 622 113,331 Ghaziabad Shipra (Opened 22nd Dec17) 1 3 1,153 Leading to 229 1,132 239,359

Coimbatore 1 9 2,088

Gurgaon 1 3 619

Bhubaneswar 1 3 612

Nadiad 1 3 649

Navi Mumbai 1 4 779 Total 10 43 8,822

FY18 Pipeline

STRONG VISIBILITY FROM NEW SCREENS PIPELINE BACKED BY SIGNED AGREEMENTS

** Note;• 612 seats and 1 screen reduced as Bengaluru Shankarnag was closed due to Completion of the Lease Tenure• 112 seats reduced in Bharuch Bluechip in Gujarat due to conversion into recliner seats• 51 seats reduced in Malleshwaram, Bengaluru due to renovation• 220 seats reduced in Metro, Mumbai due to renovation• 84 seats reduced in Bengaluru Garuda due to renovation

Content Pipeline – January 2018

15

1921

Release Date: 12th January 2018Cast: Zareen Khan, Karan KundraDirector: VikramBhattBanner: Reliance Entertainment, Motion Picture Capital

Thaana SerndhaKootam (Tamil)

Release Date:12th January 2018Cast: Surya, KeerthySureshDirector: VighneshShivanBanner: Studio Green

Padmaavat

Release Date: 25th January 2018Cast: DeepikaPadukone, RanveerSinghDirector: Sanjay LeelaBhansaliBanner: BhansaliProductions

Kaalakaandi

Release Date: 12th January 2018Cast: Saif Ali Khan, Vijay RaazDirector: AkshatVermaBanner: CinestaanFilm Company Pvt.Ltd., Flying Unicorn Entertainment

Mukkabaaz

Release Date: 12th January 2018Cast: Vineet Kumar Singh, Zoya HussainDirector: AnuragKashyapBanner: Eros InternationalPhantom FilmsColour Yellow Productions

The Post

Release Date:12th January 2018Cast: Meryl Streep, Tom Hanks, Sarah PaulsonDirector: Steven SpielbergBanner: Amblin Entertainment, DreamWorks, Participant Media

16

Content Pipeline – February 2018

Aiyaary

Release Date: 9th February 2018Cast: Siddharth Malhotra, Manoj BajpayeeDirector: Neeraj PandeyBanner: Reliance Entertainment,Plan C Studios,Friday Filmworks,Jayantilal Gada

Maze Runner : The Death Cure (3D Imax)

Release Date:2nd February 2018Cast: Dylan O Brian, Kaya Skodelario, Thomas BrodieDirector: Wes BallBanner: Gotham Group, Temple Hill Entertainment,TSG Entertainment

Hichki

Release Date: 23th February 2018Cast: Rani MukherjeeDirector: Siddharth P. MalhotraBanner: Yash Raj Films

Black Panther (3D Imax)

Release Date:16th February 2018Cast: Chadwick Boseman, Michael B Jordon, Lupita NyongDirector: Ryan CooglerBanner: Marvel Studios

Padman

Release Date: 9th February 2018Cast: Akshay Kumar, Sonam Kapoor, Radhika ApteDirector: R BalkiBanner: MrsFunnybones Movies

Sonu Ke Titu Ki Sweety

Release Date:23rd February 2018Cast: Karthik Aaryan, Nusrat Bharucha, Sunny Singh NajjarDirector: Luv RanjanBanner: T-Series, Luv Films

17

Content Pipeline – March 2018

Drive

Release Date: 2nd March 2018Cast: Sushant Singh Rajput, Jacquline FernandesDirector: Tarun MansukhaniBanner: Dharma Productions, Fox Star Studios

Raid

Release Date: 16th March 2018Cast: Ajay Devgan, Illiana D CruzDirector: Rajkumar GuptaBanner: T-Series Super Cassettes Industries Ltd.,Panorama Studios

Pacific Rim : Uprising

Release Date:23th March 2018Cast: Scott Eastwood, John BogeyaDirector: Steven S DenightBanner: Legendary Pictures, UpperRoom Entertainment Limited, DDY

Baaghi 2

Release Date:30th March 2018Cast: Tiger Shroff, Disha PataniDirector: Ahmed KhanBanner: NadiadwalaGrandson Entertainment, Fox Star Studios

Pari

Release Date: 2nd March 2018Cast: Anushka Sharma, Paambarta ChatterjeeDirector: Prosit RoyBanner: Clean Slate Films, KriArj Entertainment,KYTA Productions

Parmanu - The Story Of Pokhran

Release Date: 2nd Mar 2018Cast: John Abraham, Boman Irani, Diana PentyDirector: Abhishek SharmaBanner: KriArj Entertainment, J A Entertainment, KYTA Productions, Zee Studios

18

Content Pipeline – April 2018

October

Release Date: 13th April 2018Cast: Varun Dhawan, Banita SandhuDirector: Shoojit SircarBanner: Rising Sun Films, Sony Pictures Networks Productions,KriArj Entertainment

Rampage

Release Date: 20th April 2018Cast: Jeffrey Dean Morgan, Dwayne Johnson, Jake LacyDirector: Brad PeytonBanner: New Line Cinema, Twisted Media, Wrigley Pictures

2.0

Release Date:14th April 2018Cast: Rajinikanth, Akshay Kumar, Amy JacksonDirector: S ShankarBanner: LycaProductions

Avengers: Infinity War

Release Date:27th April 2018Cast: Karen Gillan, Pom Klementieff, Tessa ThompsonDirector: Anthony Russo, Joe RussoBanner: Marvel Studios

Manikarnika – The Queen Of Jhansi

Release Date:27th April 2018Cast: Kangana Ranaut, Suresh OberoiDirector: KrishBanner: Zee Studios,Kairos Kontent Studios

Bharat Ane Nenu(Telugu)

Release Date: 27th April 2018Cast: Mahesh Babu,Kiara Advani. Director: Koratala SivaBanner: DVV Danayya

Shareholding Structure

19

Source: BSE

Public/Others, 11.65%

INOX Benefit Trust, 4.51%

DII, 18.68%

FII, 16.46%

Promoter & Promoter

Group, 48.70%

% Shareholding as of Dec 2017

Source: Company Source: Company

Key Institutional Investors – Dec 2017 % Holding

DSP Blackrock MF 7.0%

Reliance MF 4.0%

Aditya Birla Sunlife 3.5%

Kuwait Investment Authority Fund 3.0%

Goldman Sachs India Ltd. 2.6%

Morgan Stanley 2.4%

ICICI Prudential MF 1.6%

RAMS Equities Portfolio Fund 1.4%

Sundaram MF 1.3%

AADI Financial Advisors LLP 1.0%

Market Data As on 25th Jan 2018

Market Capitalisation (INR Crs.) 2,576

Price (INR) 267.1

No. of Shares Outstanding (Crs.) 9.6

Face Value (INR) 10.0

52 week High/Low (INR) 309.20/213.30

Source: BSE

0

50

100

150

200

250

300

350

Share Price Performance (INR)

20

Annexure

INOX Metro, Mumbai Kiddles

Annexure: Consolidated P&L Statement

21

Particulars (INR Crs.) Q3 FY18 Q3 FY17 YoY % Q2FY18 QoQ % 9M FY18 9M FY17 YoY % FY17

Revenue from Operations 325.9 298.0 9.4% 311.3 4.7% 1,024.5 932.2 9.9% 1,220.7

Exhibi tion Cost 90.5 83.4 8.5% 88.5 2.3% 286.0 265.0 7.9% 345.3

Food & Beverages Cost 17.7 16.1 9.5% 16.8 5.5% 54.9 52.8 3.9% 68.1

Employee Benefi ts Expense 24.7 21.3 15.9% 23.3 5.9% 70.9 64.7 9.6% 86.4

Lease Rental & Hire Charges 51.1 46.9 8.8% 48.5 5.3% 151.7 137.4 10.4% 185.8

CAM, Power & Fuel , R&M 43.8 42.5 3.1% 47.5 -7.8% 143.9 130.9 9.9% 174.5

Other Expenses 51.8 56.0 -7.4% 42.3 22.5% 150.5 160.3 -6.1% 214.6

EBITDA 46.3 31.7 46.0% 44.4 4.2% 166.6 121.0 37.7% 146.1

EBITDA Margin % 14% 11% 356 bps 14% -7 bps 16% 13% 328 bps 12%

Depreciation & Amortisation 21.7 21.4 1.5% 21.5 1.2% 64.8 62.5 3.7% 84.1

Impairment Loss on PP&E - - 0.7 -100.0% 1.3 - 1.3

Other Income 3.0 2.2 38.0% 2.9 3.9% 8.2 6.8 21.1% 9.1

Finance Cost 7.3 6.5 12.2% 7.3 -0.7% 21.8 18.1 20.3% 25.3

Exceptional Items - - - - - -

Share of Profi t from Joint Ventures (0.0) 0.1 -119.0% (0.0) 187.7% (0.0) 0.1 -120.2% 0.1

PBT 20.3 6.1 233.7% 17.8 13.5% 87.0 47.3 83.9% 44.6

Current Tax 7.0 1.3 437.4% 6.7 4.9% 31.6 17.1 85.2% 14.7

Deferred Tax 0.0 1.0 -95.6% (0.6) -108.1% (1.6) (0.0) 3074.8% 0.9

Tax perta ining to earl ier years - - - - - (1.6)

PAT 13.2 3.8 251% 11.7 13% 56.9 30.3 88% 30.6

PAT Margin % 4.0% 1.3% 278 bps 3.8% 29 bps 5.6% 3.2% 231 bps 2.5%

Earnings Per Share (EPS) 1.43 0.41 251% 1.28 12% 6.20 3.30 88% 3.33


Annexure: Consolidated Balance Sheet Statement

22

Assets (INR Crs.) Mar-17 Sep-17

Non-Current Assets:

Property, Plant & Equipment 672.8 670.8

Capital work-in-progress 62.6 72.0

Goodwill 17.5 17.5

Other Intangible Assets 12.4 11.7

Investments in Joint Ventures 0.1 0.1

Other Investments 1.2 1.0

Loans 69.0 71.7

Other Financial Assets 71.8 81.4

Deferred Tax Assets (Net) 48.3 37.6

Tax Assets (Net) 5.5 8.4

Other Non Current Assets 77.6 77.6

Total Non Current Assets 1,039 1,050

Current Assets:

Inventories 9.1 9.3

Other Investments 10.7 67.6

Trade Receivables 46.6 68.8

Cash and Bank Balances 9.8 16.8

Bank Balances Other than above 3.4 2.2

Loans 4.4 4.3

Other Financial Assets 0.3 0.3

Other Current Assets 21.0 18.4

Total Current Assets 105.3 187.7

Total Assets 1,144.1 1,237.2

Equity & Liabilities (INR Crs.) Mar-17 Sep-17

Equity:

Equity Share Capital 96.2 96.2

Other Equity 489.0 533.5

Interest in Inox Benefit Trust, at cost (32.7) (32.7)

Equity attributable to owners of the company 552.5 597.0

Non-Controlling Interest 0.0 0.0

Total Equity 552.5 597.0

Non-current liabilities:

Borrowings 291.9 270.0

Other Financial Liabilities 3.1 2.6

Provisions 10.0 10.2

Other Non-current Liabilities 82.9 80.5

Total of Non-Current Liabilities 388.0 363.3

Current Liabilities:

Borrowings - -

Trade Payables 88.4 102.4

Other Financial Liabilities 64.8 98.0

Other Current Liabilities 36.0 59.9

Provisions 14.4 16.5

Current Tax Liabilities (Net) 0.0 0.0

Total of Current Liabilities 203.6 276.9

Total Equity & Liabilities 1,144.1 1,237.2

Annexure: Brief Profile

23

• Inox Leisure Limited (ILL), incorporated in 1999, is one of the largest multiplex operator in India• ILL is a part of Inox Group which is diversified across industrial gases, engineering plastics, refrigerants, chemicals, cryogenic engineering,

renewable energy and entertainment sectors• ILL currently operates 122 properties (488 screens and 121,281 seats) located in 60 cities across India, being the only multiplex operator

having such a diverse presence across PAN India• The company accounts for ~20% share of the multiplex screens in India and ~8% share of domestic box office collections• The company has aggressively scaled up through organic and inorganic expansion over last decade growing from 2 properties – 8 screens in

FY03 to 122 properties – 488 screens at present, virtually adding on an average 3 screens every month over more than a decade.

Business Overview

• One of the largest multiplex chains in India• Most diversified distribution of multiplexes in India• Premium multiplex properties, state of the art technology and unmatched service and ambience• Strong partnerships with more than 50 leading Indian and Global brands, offering high growth potential for advertising and

other ancillary revenues• Strong management team and recognized and trusted corporate group

Key Strengths

• Consolidated Revenues, EBITDA and PAT were Rs 1,220.7 cr, Rs 146.1 cr and Rs 30.6 cr in FY17• Strong balance sheet with Gross Debt of Rs 317.0 cr, Net Debt of Rs 293.45 cr and Equity of Rs 552.5 cr in FY17 with net D/E ratio of 0.5x

Strong Financials

Annexure : Recognised & Trusted Corporate Group

24

Substantially exited wind

farming business by selling

246 MW out of 269 MW of

operational capacity

L i s t e d C o m p a n i e s O t h e r K e y C o m p a n i e s

INOX LeisureLimited

Largest producer of (by volume)

Chloromethanes, refrigerants

and Polytetrafluoroethylene in

India.

Pioneer of carbon credits in

India

INOX Air Products Private Limited

50:50 joint venture with Air

Products Inc., USA

Largest producer of industrial

gases in India

40 plants spread throughout

the country

One of the largest multiplex

chains in India

In the business of setting up,

operating and managing a

national chain of multiplexes

under the brand name ‘INOX’

Present in 60 cities with 122

multiplexes and 488 screens

Gujarat FluorochemicalsLimited

Largest producer of cryogenic

liquid storage and transport

tanks in India

Offers comprehensive

solutions in cryogenic storage,

vaporization and distribution

engineering

Has operations in India, USA,

Canada, Netherlands and

Brazil

INOX India PrivateLimited

INOX RenewablesLimited

Fully integrated player in the

wind energy market

State-of-the-art manufacturing

plants near Ahmedabad

(Gujarat), Una (Himachal

Pradesh) and Barwani (Madhya

Pradesh). Our Madhya Pradesh

facility is one of the largest in

Asia

Ability to provide end-to-end

turnkey solutions for wind farms

INOX Wind Limited

• 90 Year track record of consistent business growth• USD $3 Billion Inox Group diversified across 7 different businesses

• 10,000+ employees at 150+ business units across India• Distribution network spread over 50+ countries

East; 9; 15%

West; 21; 35%North; 18; 30%

South; 12; 20%

Annexure: PAN India Presence

25

East; 19; 15%

West; 51; 42%

North, 29, 24%

South, 23, 19%

East; 72; 15%

West; 215; 44%

North; 102; 21%

South, 99, 20%

East; 18,805 ; 15%

West; 53,060 ; 44%North; 26,326 ; 22%

South; 23,090 ; 19%

Well DiversifiedDistribution of

Multiplexesacross India

Access toWide Variety of

Regional Content

Lower Dependencyon Hindi and English

Content

Includes 8 management properties with 29 screens and 7,370 seats

122 Properties 60 cities

488 Screens 121,281 Seats

Annexure: Strong Brand Partnerships

Automobiles Ecommerce & TelecomBFSIMedia FMCG Consumer Durables Others

Financial Summary

27

9.4%

11.5%

6.1%

14.9%

7.3%5.7%

10.3%

3.8%

16.8%

5.7%

FY13 FY14 FY15 FY16 FY17

ROCE % ROE %

663.2 762.8

895.4

1,160.6 1,220.7


98.0 122.0 122.7

189.1 146.1

14.8% 16.0% 13.7% 16.3% 12.0%


EBITDA EBITDA Margin %

18.5

36.9 20.0

81.0

30.6

2.8%4.8%

2.2%7.0%

2.5%


PAT PAT Margin %

281.0 242.2 241.2 267.0 317.0

324.6 390.9 676.2 522.3 552.5

0.8 0.6

0.3 0.4 0.5


Equity Debt Net Debt to Equity

68.9% 64.3% 61.6% 61.4% 61.3%

21.4% 21.3% 21.3% 22.9% 23.3%

4.9% 6.5% 9.1% 7.8% 7.9%

4.9% 7.9% 8.0% 7.8% 7.6%


NBOC F & B Advertising Others

ROE: PAT/Avg. Equity, ROCE: EBIT/Avg. Capital Employed [(Capital Employed = Equity + Total Debt)Net Debt = Total Debt – Cash –Bank – Liquid MF Investments

REVENUES EBITDA PAT

REVENUES - SEGMENT BREAKUP LEVERAGE ANALYSIS RETURN METRICS


28

Thank YouBalesh Talapady GM – Business AnalysisINOX Leisure Ltd.Contact+91-22-4062 6927Email: [email protected]

INOX Metro, Mumbai

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