Investor Update Q4 FY21
Creative Services shows resilience; toughest year for the company
Revenues
2,227
FY21
Adjusted EBITDA1
24.8%
533
FY21
Revenues down on the back of COVID
PFL
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•
Business impacted by significant disruptions on customer side productions on the back of
COVID; operating performance strong despite COVID headwinds
Won the Oscar for Tenet - 5th in 7 years; 6 in total. Proud to have delivered the 1st
large scale Film Animation project - Ron's Gone Wrong with bulk of work delivered from
homes of artists
Few of the other large projects worked on include Fast & Furious: 9, Dune, Shadow &
Bone, etc.
Marquee upcoming projects for FY22 include Venom 2, Matrix 4, Unchartered,
Slumberland (Netflix), etc.
Adj. EBITDA at Rs.533cr
US GAAP FY21 revenues at ~$300mn with Adj. EBITDA2 at $79mn
Dynamic cost management in a highly volatile business environment, proactive
headcount, operational cost rationalization initiatives and government relief programs
Order Book continues to be promising
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1 Adjusted for Non-Cash ESOP Charges & capital raising expenses as per IndAS accounting Investor Update Q4 FY21
2 US GAAP Adj EBITDA differs from Ind AS reported financials due to difference in accounting standards and treatment of certain adjustmentsView entire presentation