INOX Leisure Limited · New Property Openings –H1 FY15 Gurgaon Dreamz Mall, 24 th Jun 2014 3 Screens, 646 Seats Vizag Chitralayaa Mall, 4th Jul 2014 3 Screens, 635 Seats Jalgaon

INOX Leisure Limi tedEarnings Presentat ion Q2 & H1 FY15

O c t o b e r 2 0 1 4

This presentation includes forward-looking statements which deal with future events, including those relating to our general business plans and strategy, our future financial condition and growth prospects, and future developments in our sector and our competitive and regulatory environment. Forward-looking statements are identified by words such as ‘anticipates,’ ‘believes’, ‘estimates’, ‘may’, ‘expects’, ‘plans’, ‘intends’, ‘predicts’, or ‘continue’ and other similar expressions that indicate trends and future events. Forward looking statements are subject to risks, uncertainties and assumptions that could cause actual results, performances or events to differ materially from the results contemplated by the relevant forward looking statement.

Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, non-availability of good quality content, new technologies, real estate costs increases, withdrawal of entertainment tax exemption, general business and economic conditions beyond the Company's control, the consequences of competitive factors in the marketplace, results of continuous improvement and other cost-containment strategies and the Company's success in attracting and retaining key personnel. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information, since these statements may no longer be accurate or timely.

Disclaimer

Snapshot Of Financials

(IN R Lakhs) FY11 FY12 FY13 FY14 Q2 FY14 Q1FY15 *Q2 FY15 H1 FY14 *H1 FY15

Gross Box Office 27,614 47,190 55,876 59,656 16,750 15,656 17,996 32,967 33,652

Total Revenues 37,597 65,293 76,891 87,778 23,735 23,321 26,667 46,759 49,987

EBITDA 3,647 8,095 10,163 13,091 4,088 3,019 3,732 8,009 6,752

EBITDA Margin (%) 9.70% 12.40% 13.22% 14.91% 17.22% 12.95% 14.00% 17.13% 13.51%

PAT 500 435 1,845 3,694 1,471 458 523 2,893 981

PAT Margin (%) 1.33% 0.67% 2.40% 4.21% 6.20% 1.96% 1.96% 6.19% 1.96%

3*Includes Satyam Cineplexes Ltd. data from 8th Aug 2014 to 30th Sep 2014

New Property Openings – H1 FY15

Gurgaon Dreamz Mall, 24th Jun 2014

3 Screens, 646 Seats

Vizag Chitralayaa Mall, 4th Jul 2014


Jalgaon Khandesh Central, 27th Jul 2014


Faridabad EF3, 1st Sep 2014


4

Gurgaon Dreamz Mall, 24th Jun 2014


Vizag Chitralayaa Mall, 4th Jul 2014


17 S t a t e s

5 0 C i t i e s

9 2 M u l t i p l e x e s

3 61 S c r e e n s

9 6 , 0 5 8 S e a t s

One of the Largest Multiplex Chains in India

UTTAR PRADESH 3 Properties | 13 Screens

TAMIL NADU3 Properties | 14 Screens

JHARKHAND 1 Property | 4 Screens

WEST BENGAL 14 Properties | 55 Screens

ORISSA 1 Property | 3 ScreensCHHATTISGARH

2 Properties | 8 Screens

TELANGANA2 Properties | 11 Screens

ANDHRA PRADESH 6 Properties | 23 Screens

KARNATAKA 10 Properties | 38 Screens

GOA 1 Property | 4 Screens

MAHARASHTRA 21 Properties | 85 Screens

GUJARAT 6 Properties | 25 Screens

MADHYA PRADESH 4 Properties | 16 Screens

RAJASTHAN 8 Properties | 25 Screens

HARYANA 6 Properties | 19 Screens

DELHI3 Properties | 12 Screens

PUNJAB1 Properties | 6 Screens

Includes Satyam Cineplexes Ltd.5

Pan India Presence

Well distributed mix of properties

Includes Satyam Cineplexes Ltd.6

9

17

1014

East West South North

5 0 C i t i e s

18

3221 21


9 2 L o c a t i o n s

70

13086 75


3 61 S c r e e n s

18,6

31

37,2

52

20,9

64

19,21

1


9 6 , 0 5 8 S e a t s

Footfalls

Occupancy rates FootfallsFootfalls With Management Locations

*Q2FY15: 116 Lakhs*H1FY15: 218 Lakhs

Footfalls of Comparable PropertiesOccupancy of Comparable Properties

Note: All the above charts Excludes Managed properties

23% 25%28% 28%

33%

26% 26%32%

26%

33%27%

32%27%

Q2FY14 Q2FY15 H1FY14 H1FY157

(Lakhs)

106 93

213183


*Includes Satyam Cineplexes Ltd. data from 8th Aug 2014 to 30th Sep 2014

(Lakhs)

258307

353 386

108 99 112

215 210

* ***

Robust Ticket Prices (ATP)

ATP Trend

• Inox brand enjoys a premium positioning amongst urban consumers

• Prime locations provide strong pricing power

• Increasing contribution of 3D movies – 3D tickets are priced at a premium of 15-20 % over 2D tickets

Note: Excludes Managed properties

ATP of Comparable Properties

152

156

160

156 156159

162

155

161157

160

155

159


8


**

Highly Profitable F&B Service

SPH Growth – overall F&B Cost (% of F&B revenues)

9

32% 31% 30%26% 27%

24% 23%27%

23%41 44 47 49 4856 53

4854

12% SPHGrowth


*** *

Enhanced Focus on Other Operating Income

Other operating revenues per operating screen

(INR Lakhs)

10

7.9 12.7 12.6

17.1

4.1 5.1 5.2 7.0 9.6

7.7

13.0 12.6

20.8

5.1 4.7 5.1

10.4 9.1

FY11 FY12 FY13 FY14 Q2FY14 Q1FY15 Q2FY15 H1FY14 H1FY15

Ad Revenue Other Operating Revenue


**

By Leveraging Brand Partnerships

11

E-Tax Trend

E-Tax as a % of Gross Box Office Collection

E-Tax No. of prop Screens Seats Average Residual Period

Full Tax 73 289 76,796

Exempted 13 52 13,593 2 years

12

Includes Satyam Cineplexes Ltd.

17.8% 17.6% 18.3% 17.8% 17.7% 18.2% 17.8% 17.8% 18.0%


**

Film Distributor Share Payout Trend

13

43.3% 43.7% 44.3% 44.3% 44.1% 44.0% 43.9% 44.0% 44.0%

35.6% 36.0% 36.2% 36.4% 36.3% 36.0% 36.1% 36.2% 36.0%


Distributor Share on NBOC Distributor Share on GBOC


NBOC – Net Box Office CollectionsGBOC – Gross Box Office Collections

**

Overheads Analysis (Expenses as a % of Total Revenues)

14

7%6% 6% 6%

5%6% 6%

5%6%

14%

12% 12% 12%11%

12% 12%11%

12%12%11% 11%

12%11%

14%13%

11%

14%

12%13%

12% 12%11%

12% 12%11%

12%


Employee Benefits Expense Property Rent and Conducting Fees CAM, Power&Fuel and R&M Other Overheads


* *

Financial Summary

Profit and Loss Statement

I NR Lakhs FY11 FY12 FY13 FY14 Q2FY14 Q1FY15 *Q2FY15 H1FY14 *H1FY15Gross Box Office 27,614 47,190 55,876 59,656 16,750 15,656 17,996 32,967 33,652 F&B Revenues 6,020 11,391 14,176 16,233 4,470 4,721 5,077 8,979 9,798 Ad Revenues 1,724 2,917 3,244 4,955 1,104 1,496 1,781 1,884 3,278 Other Revenues 2,239 3,795 3,595 6,934 1,412 1,448 1,812 2,928 3,260 Total Revenues 37,597 65,293 76,891 87,778 23,735 23,321 26,667 46,759 49,987 Entertainment Tax 4,923 8,304 10,204 10,607 2,970 2,857 3,200 5,865 6,057 Distributor Share 10,294 18,032 20,994 22,349 6,220 5,840 6,781 12,265 12,621 F&B Cost 1,951 3,487 4,259 4,664 1,329 1,225 1,337 2,680 2,562 Payroll Cost 2,609 3,945 4,269 4,957 1,171 1,369 1,614 2,334 2,983 Other Expenses 14,173 23,431 27,001 32,110 7,957 9,010 10,002 15,605 19,012 Total Expenses 33,950 57,198 66,728 74,687 19,647 20,301 22,935 38,749 43,236 EBITDA 3,647 8,095 10,163 13,091 4,088 3,019 3,732 8,009 6,752 EBITDA Margin (%) 9.70% 12.40% 13.22% 14.91% 17.22% 12.95% 14.00% 17.13% 13.51%Depreciation 2,295 3,747 4,308 5,069 1,284 1,809 1,921 2,492 3,730 Interest 1,619 2,426 2,670 2,763 744 645 1,140 1,481 1,785 Exceptional Items (561) 1,798 250 39 - 50 - - 50 Tax (13) 263 1,091 1,526 590 58 149 1,142 206 Minority share in loss 193 574 - - - -PAT 500 435 1,845 3,694 1,471 458 523 2,893 981


Strong Project Pipeline

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FY15

*Management Property

Sl No. City No. of Screens Est. Launch1 Vizag 2 Q3FY152 Jamnagar 5 Q3FY153 Bhilwara 3 Q3FY154 Lucknow 4 Q3FY155 Delhi 1 Q3FY156 Kurnool 3 Q3FY157 Ajmer 3 Q3FY158 Goa 4 Q4FY159 Pune 2 Q4FY1510 Pune 6 Q4FY1511 *Bhiwadi 3 Q4FY1512 Jaipur 4 Q4FY1513 Rajkot 3 Q4FY1514 Vadodara 3 Q4FY15

Total Screens 46

Total Screens Post FY15 136 Post FY15Post FY15

Strong Content Pipeline – Oct 2014

17

Cast: Shah Rukh Khan, Abhishek Bachchan, Boman Irani, Sonu Sood, Deepika Padukone, Jackie Shroff, Vivaan ShahDirector: Farah KhanBanner: Red Chillies Entertainment

Cast: Ben Affleck, Rosamund Pike Director: David FincherBanner: Fox Star Studios

Cast: Brad Pitt, Shia LaBeouf, Logan LermanDirector: David AyerBanner: Le Grisbi Productions,QED International,LStar Capital,Crave Films

Cast: Rekha, Sharman Joshi, RandhirKapoor, Anupam KherDirector: Indra KumarBanner: Maruti International

Strong Content Pipeline – Nov 2014

18

Cast: Akshay Kumar, Paresh Raval, Anupam Kher, Annu KapoorDirector: Abhishek SharmaBanner: Cape Of Good Films

Cast: Randeep Hooda, Nandana Sen, Paresh Raval, Ashish Vidhyarthi, SachinKhedekar, Darshan JhariwalaDirector: Ketan MehtaBanner: Maya Movies, Infinity Films

Cast: Ranveer Singh, Ali Zafar, Pareeneeti Chopra, GovindaDirector: Shaad Ali SahgalBanner: Yashraj Films

Cast: Saif Ali Khan, Illiana D Cruz, Govinda, Priety Zinta, Ranvir Shorey, KalkiDirector: Krishna Dk/Raj NidimoruBanner: Illuminati Films, Eros International

Strong Content Pipeline – Nov 2014

19

Cast: Matthew Mcconaughey, Jessica Chastain, Anne Hathway, Michael CaineDirector: Christopher NolanBannger: Warner Bros

Cast: Jennifer Lawrence, JoshPvr Pictures Ltd Hutcherson, Liam HemsworthDirector: Francis LawrenceBanner: Color Force Lionsgate

Cast: Sanjay Dutt, Emran Hashmi, Kangana Ranaut,Neha DhupiaDirector: Rensil D SilvaBanner: Dharma Productions

Strong Content Pipeline – Dec 2014

20

Cast: Ajay Devgan, Sonakshi Sinha, YamiGautam, Kunal Roy KapoorDirector: ChristPrabhu DevaBanner: Baba Arts Limited Production

Cast: Makrand Deshpandey, Sanjay Mishra, Zarina WahabDirector: Amit KhanBanner: Bulls Entertainment

Cast: Luke Evans, Orlando Bloom, Ian Mac Kallen, Cate BalnchettDirector: Peter JacksonBanner: Warner Bros

Cast: Aamir Kahn, Anushka Sharma , Sushant Singh RajputDirector: Rajkumar HiraniBanner: Vinod Chopra Productions

Cast: Christian Bale, Sigourney Weaver, Aaron PaulDirector: Ridley ScottBanner: Fox Star Studios

THANK YOU

INOX Leisure Limited

ABS Towers, Old Padra Road,

Vadodara, Gujarat – 390 007

21

Documents

INOX Leisure Limited · New Property Openings –H1 FY15 Gurgaon Dreamz Mall, 24 th Jun 2014 3 Screens, 646 Seats Vizag Chitralayaa Mall, 4th Jul 2014 3 Screens, 635 Seats Jalgaon