Investor Presentation November 2020 Safe Harbor
Certain statements in this document may be forward-looking statements. Such forward- looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements.
Prime Focus will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
2 Investor Update Q2 FY21 2 Contents
1 H1 FY21 Performance … 4-12
2 About Prime Focus … 13-23
3 Annexures … 24-27 H1 FY21 Performance H1FY21 highlights - Resilient performance despite COVID19 disruptions
Consolidated Change YoY Income DNEG nominated for a Royal Television Society Award in the -7.5% Effects Category for its work on Rs. 1,265 Cr YoY BBC’s ‘World on Fire’
3% India, FMS DNEG’s work on ‘Devs’ nominated for a 2020 Broadcast Tech Divisional 10% Revenue Tech/Tech Enabled Innovation Award in the Best Services VFX Project Category share 87% Creative Services
Adjusted Adjusted EBITDA1 Change YoY 1 EBITDA Margin 50% Rs. 370 Cr 29.2% YoY
5 1 Adjusted for Non-Cash ESOP charges Rs. 11.8cr Investor Update Q2 FY21 5 H1FY21 – Cost Optimization led to PAT positive 6M FY21
Revenue Adjusted EBITDA1
1,368 1,265
400 29.2% 35.0% -7.5% 350 50.0% 30.0% 300 YoY YoY 370 25.0% 250 18.0% 20.0% 200 246 15.0% 150 10.0% 100
50 5.0%
- 0.0% H1FY20 H1FY21 H1FY20 H1FY21
Figures in Rs Crore; Consolidated financials Adjusted EBITDA Margin
▪ Consolidated revenues fell by 7.5% YoY to Rs 1,264.6 Cr – stabilisation in revenues as COVID impact beginning to wane but uncertainty persists due to new wave of lockdowns in the West. DNEG’s revenue has shown good resilience during these testing times ▪ Adjusted EBITDA stood at Rs 369.5 Cr with margins at 29.2% due to proactive cost curtailment measures ▪ Government support in the West coupled with headcount rationalization led to Employee cost at % of revenue at 53.2% (H1FY20 – 62.2%) ▪ Non Cash ESOP charges stood at Rs 11.8cr for 6M FY21 – expected to further reduce going forward ▪ Interest and Finance charges at Rs. 117 Cr in line with H1FY20 cost at Rs. 119cr ▪ Includes non-cash interest on studio loan Rs. 10cr ▪ Depreciation charges at Rs 195 Cr – in line with H1FY20 numbers of Rs. 193cr ▪ Exceptional Cost of Rs. 22.8cr is associated with cost provisions related to proposed issuance of Senior Secured Notes by DNEG during Q2FY21 ▪ The company continues to be PAT positive for 3rd Quarter in a Row with PAT for Q2FY21 at Rs. 1.4cr
1 Adjusted for Non-Cash ESOP Charges and other one-time expenses as per IndAS 6 Investor Update Q2 FY21 6 Creative Services shows resilience; higher EBITDA despite lower revenue
Stable Revenues despite COVID Headwinds
1 Revenues ▪ Strong execution pipeline of projects in Film VFX, TV/OTT and Animation backed by 1,146 credible studios led to limited COVID disruption on the revenue front. With shoots -2.3% starting to recommence in phased manner, optimistic for the future YoY 1,120 ▪ Operations demonstrated high agility – enabled workflow transition to Work from Home ▪ Won high value contracts even during challenging times – Justice League with HBO Max, Uncharted with Sony, Matrix 4 with Warner Bros
H1FY20 H1FY21 ▪ Continue to deliver work on marquee projects such as Dune, Ron’s Gone Wrong, Infinite, Venom 2, among others
Adjusted EBITDA1 ▪ Second wave of Lockdown in Europe increases short-term uncertainty while promising news on vaccine front is supportive in the medium term 390
25.0% 340 28.7%
20.0% 290 22.1% 27% 322 15.0% 240 YoY Adj. EBITDA up 27% YoY 254 190 10.0% 140 5.0% ▪ Benefits of workforce rationalization and cost reductions helped drive an improved 90 0.0% operating performance despite YoY reduction in revenues and COVID disruptions with 40 -5.0% Adj EBITDA margins at 28.7% -10 -10.0% H1FY20 H1FY21 ▪ Workforce rationalization, government wage relief, temporary pay-cuts, shifting/closure of offices and tight control over discretionary spending led to reduction in operating cost
7 1 Adjusted for Non-Cash ESOP Charges & one time charges as per IndAS Investor Update Q2 FY21 7 Working on top Hollywood projects
Upcoming Movie Projects Upcoming TV / OTT Projects
21
21
-
-
Apr Oct
Dune F9: The Fast Saga
Riviera Season 3 Away
21
21
-
-
Jul Jun
Star Trek Discovery Jungle Cruise Wonder Woman 1984 Foundation
8 Investor Update Q2 FY21 8 Tech/Tech Enabled Services – Signs of recovery
Revenue Rebound in EBITDA Margins – at ~38% for H1FY21 156 131 ▪ COVID Impact on revenues has been limited – backed by strong client relations
▪ Business turnaround plan accelerated on the back of COVID - company has shown promise by delivering positive EBITDA despite reduced revenue driven H1FY20 H1FY21 largely by workforce rationalization and significant and permanent cost control measures over discretionary expenditure
Adjusted EBITDA1 ▪ Adj EBITDA calculation includes Other Income and excludes ESOP charges
79 45.0%
40.0% 69 38.1% 35.0% 59 Project 30.0% Prod RoW 7% 49 25.0% uct 33% Servi 50 20.0% 45% 39 India Annuity ces 15.0% 29 67% 93% 55% 10.0% 19 5.0%
9 0.0% By Geography By Contract type By Product Mix -1 -0.3% -5.0% H1FY20-1 H1FY21
Figures in Rs Crore 1 Adjusted for Non-Cash ESOP Charges 9 Investor Update Q2 FY21 9 India FMS – Heavily Impacted by COVID
Revenues Highlights:
Delivered revenue of Rs 37 Cr with Adj, EBITDA margin at ~ 35%+ 78 ▪ ▪ With relaxation in government imposed restrictions and shoots beginning from 37 August, revenues beginning to start trickling in slowly; however recovery will still take some more time; expected to improve in Q4FY21
H1FY20 H1FY21 ▪ Worked on the Bollywood blockbusters Gunjan Saxena (Netflix), Angrezi Medium (Hotstar), Dil Bechara (Hotstar), Hundred (Hotstar) among others Adjusted EBITDA1 ▪ Strong Movie Releases scheduled for coming quarters: Coolie No. 1,
35 38.3% 40.0% Chhalaang, Gangubai Kathiawadi, World Cup 1983, Brahmastra, Maidaan
37.4% 38.0% 30 among others 30 36.0% 25 34.0% ▪ Adj EBITDA calculation includes Other Income and excludes ESOP charges 20 32.0%
30.0% 15
28.0% 10 14 26.0%
5 24.0%
- 22.0% H1FY20 H1FY21
Figures in Rs Crore
10 1 Adjusted for Non-Cash ESOP Charges Investor Update Q2 FY21 10 Top Bollywood Projects
Upcoming Movie Projects Recent TV Commercials
Netflix Kellogs
https://www.youtube.com https://www.youtube.com /watch?v=vJlntV2iFEQ /watch?v=0BTVID2lGOg 83 Coolie No 1 Gangubai Kathiawadi
Vivo IPL 2020 Google
https://www.youtube.com https://www.youtube.com /watch?v=AvTXSeDmho /watch?v=VYnpzgNcmD Maidaan Chhalaang Brahmastra o k
11 Investor Update Q2 FY21 11 Debt profile
▪ Consolidated Net Debt of Rs. 3,287 Cr as on 30th September 2020 o Includes Operating Lease Liability of ~ Rs. 600 Cr added to the Balance Sheet on adoption of IndAS 116
▪ LTM Net Debt / Adj EBITDA (Pre IndAS 116) has improved to ~3.6x from 4x+ levels earlier
▪ The Company and its subsidiaries continue to consider options to raise funding through equity (including through private placement and public offering) and debt, and unlock value across the Group with a view to enhancing growth, shareholder value and the efficiency of the business Debt Composition Geographical Breakup
Studio Loan, India Dollar 6% Linked, 1% India Rs Linked, 25% Working Capital, 36% Term Loans, 30%
Overseas, 75% Inter corporate deposit, 1% Finance $1= Rs. 73.57 Lease, 27%
Note: Equity Instruments of Horizon Coast and Ambit PE is not included
12 Investor Update Q2 FY21 12 About Prime Focus PFL@ FY20 Delivered creative services in 4 of top 10 global B.O. hits released in FY20
Revenues1 Adj. EBITDA2 & EBITDA Margin (%) Robust & growing
FY16 FY17 FY18 FY19 FY20* 950 VES 28.0% Order Book despite 1 For work on 850 23.7% 3,013 23.0% Chernobyl 20.3% 20.4% 23.0% 2,645 750 17.6% COVID outbreak 650 614 2,292 544 18.0% 2,178 537 1,906 550 501
450 13.0%
350 335 1Emmy 8.0% 250 9,000+ For work on 150 3.0% Chernobyl
50
-50 -2.0% People FY16 FY17 FY18 FY19 FY20* FY16 FY17 FY18 FY19 FY20*
Figures in Rs Crore; Consolidated Financials
Working with top broadcasters, studios and OTT players Delivered top Hollywood & Bollywood grossers in FY20
$2.79 bn $386 mn $253 mn ₹379 crore ₹208 crore ₹215 crore
$1.12 bn $404 mn $759 mn ₹280 crore ₹318 crore ₹230 crore
1 Including Other Income 14 3 2 Excluding ESOP expense Investor Update Q2 FY21 * FY20 numbers include the effect of Adoption of IndAS 116. Hence, numbers are not comparable with previous years Corporate Structure
Founders Reliance IDBI Trusteeship Affirma Other 34.9% 35.08%10.5% 24.5% 21.9% 7.9% (Malhotra Family) Group Services Ltd. Capital Public
Prime Focus LTD. (India) Listed on BSE /NSE (Market Cap# Rs 1,114 cr)
73.75%; 71.3%; 3.5% by Ambit, PFL full diluted rest held by basis management
Prime Focus Technologies Ltd. DNEG (Global Cloud Technology Business) (International Creative Services)
15 #As on 30/09/2020 Investor Update Q2 FY21 15 Strong Leadership in all 3 verticals
Tier-1 Visual Effects Creative 5 Player & 30% Market Services Oscars Share in 3D Conversion
• Visual Effects, including 3D Conversion and Animation Leader in cloud solutions for Media &Entertainment Tech/Tech industry Enabled • CLEARTM Media ERP Suite • Cloud-based Media Services Distinct Leadership in fast India Film growing Indian Market and Media Services (FMS) • Visual Effects / DI • Colour Grading Industry • Camera Rental Strong Leadership • Shooting Floors Recognition Definitive deals
Marque Customers Business Offering
16 Investor Update Q2 FY21 16 Creative Services: World’s No. 1 independent Tier 1 player
Strong Leadership Proven Expertise
5 Oscar wins for House of choice for Tier-1 Visual Effects Player Inception, Interstellar, visually enhanced Ex Machina, Blade services Runner 2049 & First Man
Top Grossers Unprecedented scale
89% US$354 mn 8,000+ contribution Robust (FY20), personnel across in FY20 Order Book Revenues 9 facilities revenues $2.79 bn $1.12 bn $759 mn $404 mn $386 mn $253 mn
Deeper engagement with leading studios Poised for Profitable growth
▪ Increasing cross-sell via Bundled offering ( VFX / 3D conversion / Animation services)
▪ Robust model – reduced seasonality, lower dependence on individual projects
▪ Margin expansion via scale economics and delivery from global locations
17 Investor Update Q2 FY21 17 Technology Services: Pioneer & leader in cloud solutions for M&E industry
Owns & operates World’s only Continue to have a robust Strong revenue model with Revenue at Rs. 3.0 bn, 91% Annuity contribution & hybrid cloud enabled Media order book to be executed 9% share ERP platform – CLEAR™ over next 3-5 years 29% from International markets
Unique & Comprehensive PRODUCT + SERVICES approach Products Services Metadata Cloud Media ERP Cloud MaM Production cloud Data Services Broadcast cloud Distribution cloud Analytics
Playout cloud Operations Cloud Content Localization Playout monitoring Digitization & QC Digital & OTT platforms Content Transformation Content Preparation Editorial and Packaging
Marquee Clients Broadcasters Studios
Content Content Content Content Creation Transformation Distribution Exhibition Brands
Service Providers
18 Investor Update Q2 FY21 18 CLEAR™ Media ERP – One Software for the entire M&E Enterprise
Production Create Transform Distribute Creation Across Supply Chain Broadcast Opportunity to Across Content Lifecycle be Oracle & SAP for M&E Marketing Applications Industry Transform
Marketing Workflow Management
Legal Enterprise
Across EnterpriseAcross Content Management Delivery Distribution Across Locations &
Creative Devices
Web/ Hybrid Processing STBs Mobile Cloud
• The Enterprise Application Domain has been consolidated with few Mega-suite Providers • The same evolution is panning out in Media and Entertainment Enterprises • CLEAR™ is the most established Hybrid Cloud Media ERP across the globe
19 Investor Update Q2 FY21 19 India FMS: Dominating on home turf
Offering complete media services across the spectrum. .
Film chemical Film Studios Film Equipment Editing/Color Film Shooting treatment Correction
Restoration & image Digital Distribution enhancement 2D to 3D Animation VFX & Animation
High Margin in range of 30-40% Margin in price Leading player in fast growing Owns India’s largest integrated studio with ~25% competitive Indian M&E market capacity of Mumbai studio market Bollywood market, testimony to PFL’s Quality work
Excellent relationships with Indian studios & broadcasters. .
20 Investor Update Q2 FY21 20 ‘WorldSourcing’ model = unmatched competitive edge
Global network providing highest quality, fastest time to market & most efficient pricing
India (Mumbai, Kolkata, Noida, Hyderabad, Chandigarh, Bengaluru, Chennai and Goa) Canada • Over 7,000 skilled employees • Over 600 employees for • Approx. 1/5th the cost compared VFX and 3D execution MONTREAL to Western artists • Differential Tax credit benefits across states and cities
U.K. Over 1,000 employees primarily for creative execution Production rebates CHENNAI
U.S. ~100 employees for client servicing Sydney employees for client servicing (PFT)
SYDNEY
5 continents | 7 time zones | 18 locations | 24/7 – 365 days
21 Investor Update Q2 FY21 21 Robust financial performance ...
Strong Revenue Growth Strong Growth in Adj. EBITDA Margins Operating profit
23.7% Revenue 700 23.0% 17% CAGR25.0% Operating Profit 12% CAGR 20.3% 20.5% 30% CAGR 600 500 617 20.0% 440 17.1% 450 3,013 500 372 544 537 400 353 2,645 501 348 15.0% 350 2,178 2,314 400 1,906 300 300 250 326 10.0% 200 154 200 150
5.0% 100 100 50
- - 0.0% FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Adj EBITDA Adj EBITDA Margin All absolute figures in Rs. crores; Cash Profit = PAT+ Depreciation + ESOP+ Non Cash Interest + One Time Items
Personnel cost (% of Revenue) Capex (% of Revenue) Cash ROCE
Personnel Cost (% of Revenue)
16.1% 19.7% 19.8% 63.9% 13.0% 18.0% 10.7% 16.6% 61.1% 8.8% 9.4% 60.3% 10.3% 57.5% 57.7%
FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20
Personnel Cost = Employee expense + Technician fees Cash ROCE = EBITDA / Average Total Capital Employed
22 Investor Update Q2 FY21 22 .. and continued focus on leverage
Reported Net Debt / EBITDA
Net Debt – Rs 25 bn 5.7x
4.3x 4.4x 4.3x 3.0x 4.0x
2.4x FY14 FY15 FY16 FY17 FY18 FY19 FY20*
Interest cost <10% on the back of higher share of foreign currency loans
As on 30th March, 2013 As on 31st Mar, 2020
Proportion of $ linked debt Overseas debt has increased from 42% in 37% FY13 to 71% in FY20 India INR Overseas debt, 29% debt, 71% India INR debt 58% India $ linked debt 5% Significant “dollarization” of Debt - reduction in interest costs
23 * Does not include impact of IndAS 116 Investor Update Q2 FY21 23 Annexure Consolidated Profit & Loss Statement
% YoY % QoQ % YoY Particulars (Rs Crore) Q2FY21 Q2FY20 Q1FY21 H1FY21 H1FY20 Variance Variance Variance Net sales / income from operations 652 684 -5% 605 8% 1,257 1,360 -8% Other Income 4 5 -15% 3 32% 8 7 3% Total Income 657 689 -5% 608 8% 1,265 1,368 -8% Total Expenditure 466 555 -16% 429 9% 895 1,121 -20% Personnel Cost (including technician fees) 341 425 -20% 332 3% 673 851 -21% Other Expenditure 125 131 -4% 97 30% 222 270 -18% Income from writeback - - NM - NM - - NM Adj. EBITDA* 191 133 43% 179 6% 370 246 50% Non Operating Foreign exchange (loss)/Gain - - NM - NM - - NM EBITDA (including Exch. Gain (net)) 191 133 43% 179 6% 370 246 50% Depreciation & amortization 97 97 0% 98 0% 195 193 1% ESOP Charges 5 8 -40% 7 -30% 12 11 8% EBIT 89 28 215% 74 19% 163 43 281% Interest & Finance charges 60 60 -1% 57 4% 117 119 -2% PBT Before Exceptional Items 29 -32 NM 17 67% 46 -76 NM Exceptional Items- Expenditure/ (Income) 23 - NM - NM 23 - NM PBT 6 -32 NM 17 -66% 23 -76 NM Tax Expense 5 -25 NM 13 -65% 17 -26 NM PAT before Minority 1 -7 NM 4 -69% 6 -50 NM Minority Interest -0 2 NM 0 NM -0 -6 NM PAT 1 -10 NM 4 -68% 6 -44 NM
Key Ratios Q2FY21 Q2FY20 Q1FY21 H1FY21 H1FY20 Adjusted EBITDA Margin 29% 20% 30% 29% 18% Total Expenditure/ Revenues 71% 81% 71% 71% 82% Personnel Cost/ Total Operating Income 52% 62% 55% 54% 63% Other Expenditure/ Total Operating Income 19% 19% 16% 18% 20%
Q2 FY21 – USD / INR – 74.8; GBP/INR – 94.6 Q2 FY21 – USD / INR – 73.5; GBP/INR – 94.7 25 25 AVERAGE FX RATES Q1 FY21 – USD / INR – 75.4; GBP/INR – 93.5 Investor Update Q2 FY21 CLOSING FX RATES Q1 FY21 – USD / INR – 75.4; GBP/INR – 93.5 Q2 FY20 – USD / INR – 69.9; GBP/INR – 87.9 Q2 FY20 – USD / INR – 70.4; GBP/INR – 86.6 Standalone Profit & Loss Statement
% YoY % QoQ % YoY Particulars (Rs Crores) Q2FY21 Q2FY20 Q1FY21 H1FY21 H1FY20 Variance Variance Variance Net sales / income from operations 17 32 -46% 7 148% 25 68 -64% Other income 6 7 -6% 6 2% 12 10 22% Total Income 24 39 -39% 13 80% 37 79 -53% Total Expenditure 13 22 -42% 10 27% 23 49 -52% Personnel Cost (including technician fees) 4 9 -60% 4 -2% 7 21 -66% Other Expenditure 9 13 -29% 7 43% 16 28 -42% Adj. EBITDA* 11 17 -36% 3 258% 14 30 -54% Non Operating Foreign exchange (loss)/Gain - - NM - NM - - NM EBITDA (including Exch. Gain (net)) 11 17 -36% 3 258% 14 30 -54% Depreciation & amortization 17 17 -1% 16 4% 33 33 -1% ESOP Charges - 0 NM - NM - 1 NM EBIT -6 -0 NM -13 NM -19 -4 NM Interest & Finance charges 16 15 9% 15 5% 31 31 1% PBT Before Exceptional Items -22 -15 NM -28 NM -50 -35 NM Exceptional Items- Expenditure/ (Income) - - NM - NM - - NM PBT -22 -15 NM -28 NM -50 -35 NM Tax Expense - -1 NM - NM - -1 NM PAT -22 -14 NM -28 NM -50 -34 NM
Key Ratios Q2FY21 Q2FY20 Q1FY21 H1FY21 H1FY20 Adj. EBITDA Margin 62% 52% 43% 56% 44% Total Expenditure/ Revenues 74% 68% 145% 94% 71% Personnel Cost/ Total Operating Income 20% 27% 51% 29% 31% Other Expenditure/ Total Operating Income 54% 41% 94% 65% 40%
Q2 FY21 – USD / INR – 74.8; GBP/INR – 94.6 Q2 FY21 – USD / INR – 73.5; GBP/INR – 94.7 26 26 AVERAGE FX RATES Q1 FY21 – USD / INR – 75.4; GBP/INR – 93.5 Investor Update Q2 FY21 CLOSING FX RATES Q1 FY21 – USD / INR – 75.4; GBP/INR – 93.5 Q2 FY20 – USD / INR – 69.9; GBP/INR – 87.9 Q2 FY20 – USD / INR – 70.4; GBP/INR – 86.6 Balance Sheet - Assets
Standalone Consolidated Particulars 30-Sep-20 30-Sep-19 30-Sep-20 30-Sep-19 Assets Non-Current Assets Property, Plant and Equipment 235 359 393 533 Capital Work In Progress 10 8 38 18 Goodwill - - 1,073 1,037 Other Intangible assets 0 1 449 444 Rights to Use Asset 302 240 860 891 Intangible Assets under development - - 28 58 Financial Assets Investments 789 849 4 4 Trade Receivables - - 2 15 Other financial assets 5 5 106 109 Deferred Tax assets (net) 0 30 119 73 Income Tax assets (net) 82 73 125 106 Other Non-Current Assets 3 9 59 51 Total Non- Current Assets 1,427 1,574 3,257 3,341
Current Assets Inventories - - - 0 Financial Assets Trade receivables 35 48 485 341 Cash and cash equivalents 2 1 58 174 Bank balances other than above 0 0 1 4 Loans 176 137 - - Other financial assets 232 11 869 632 Income Tax Assets (Net) - - 0 0 Other current assets 520 48 212 200 Total current Assets 966 245 1,626 1,351
Total Assets 2,393 1,819 4,883 4,692
Q2 FY21 – USD / INR – 74.8; GBP/INR – 94.6 Q2 FY21 – USD / INR – 73.5; GBP/INR – 94.7 27 27 AVERAGE FX RATES Q1 FY21 – USD / INR – 75.4; GBP/INR – 93.5 Investor Update Q2 FY21 CLOSING FX RATES Q1 FY21 – USD / INR – 75.4; GBP/INR – 93.5 Q2 FY20 – USD / INR – 69.9; GBP/INR – 87.9 Q2 FY20 – USD / INR – 70.4; GBP/INR – 86.6 Balance Sheet – Equity & Liabilities
Standalone Consolidated Particulars 30-Sep-20 30-Sep-19 30-Sep-20 30-Sep-19 Equity and Liabilities Equity Equity Share Capital 30 30 30 30 Share warrant money received - - - - Other Equity 1,185 1,056 380 434 Equity attributable to equity holders of the parent 1,215 1,086 410 464 Non-controlling interest - - 84 104 Total Equity 1,215 1,086 494 568
Liabilities Non-Current Liabilities Financial Liabilities Borrowings 332 340 1,018 1,885 Lease Liabilities 39 50 704 - Other financial liabilities 119 165 153 131 Provisions 3 3 28 18 Deferred Tax Liabilities (net) - - 42 51 Other non-current liabilities - 1 1 1 Total Non-current liabilities 493 559 1,946 2,086
Current Liabilities Financial Liabilities Borrowings 41 32 1,197 1,071 Lease Liabilities 17 14 206 - Trade Payables 30 22 220 157 Other financial liabilities 59 41 413 442 Other Current Liabilities 77 49 306 314 Provisions 0 0 46 16 Current Tax Liabilities 16 16 55 38 Total Current Liabilities 240 174 2,443 2,038
Total Liabilities 733 733 4,389 4,124
Total Equity + Liabilities 1,948 1,819 4,883 4,692
Q2 FY21 – USD / INR – 74.8; GBP/INR – 94.6 Q2 FY21 – USD / INR – 73.5; GBP/INR – 94.7 28 28 AVERAGE FX RATES Q1 FY21 – USD / INR – 75.4; GBP/INR – 93.5 Investor Update Q2 FY21 CLOSING FX RATES Q1 FY21 – USD / INR – 75.4; GBP/INR – 93.5 Q2 FY20 – USD / INR – 69.9; GBP/INR – 87.9 Q2 FY20 – USD / INR – 70.4; GBP/INR – 86.6 PFL Shareholding Pattern
As on 30th September 2020 Outstanding shares – 299 mn
Others Public, 7.99%
IDBI Trusteeship Promoters, 34.96% Services Ltd., 24.49%
Affirma Capital, RMW Financial 21.99% Services , 10.57%
29 Investor Update Q2 FY21 29 Contact us
Alok Gupta Prime Focus Limited Phone: +91 8291070073 Email: [email protected]
About Prime Focus Limited
Prime Focus Limited (PFL), the world’s largest independent integrated media services powerhouse, employs over 9,000 professionals in 18 cities across 5 continents. We provide end-to-end creative services (visual effects, stereo 3D conversion and animation), technology products & services (CLEAR™ Media ERP Suite and Cloud- enabled media services), production services (equipment rental) and post-production services (Digital Intermediate and picture post) to the Media & Entertainment industry.
Listed on the BSE and NSE of India and recognized on the Fortune India ‘Next 500’ list, Prime Focus has operations in Bangalore, Chandigarh, New Delhi, Goa, Hyderabad, Kolkata, London, Los Angeles, Mumbai, New York, Johannesburg, Capetown, Abu Dhabi, Toronto, Montreal, Chennai, Sydney and Vancouver.
For more details www.primefocus.com www.primefocusindia.com www.dneg.com www.primefocustechnologies.com www.primefocus.com
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