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Investor Company Profile- Overview We are an emerging family entertainment centre focused primarily on Exhibition and Gaming and food court business with limited interests in mall development. We are one of the largest Exhibition theatre chains in India operating 25 properties with 74 screens and 20,305 seats. We believe we are one of the dominant players in Mumbai operating 74 screens with seating capacity of 20,305 at 74 locations in and around Mumbai, which is home to the Hindi Film industry (‘Bollywood'). We believe we are also one of the largest owners of multiplex properties in India with 74 screens spread over approximately 5,79,825 sq ft area. We believe that our brand ‘Cinemax' is one of the most recognizable film exhibition brands in the areas where we operate. Across our various Theatres we had 5.20 million patrons in FY07 and 3.67 million patrons in FY06. We are part of the Kanakia Group, which has a track record of over 20 years in real estate development. As a result of a recent corporate restructuring, we presently own/ control all the movie exhibition businesses of the Kanakia group. Our promoters experience in real estate helps us in identifying strategic locations at economical rates, and rapid and timely execution of projects with tight control on costs and quality. Exhibition Our exhibition chain is a combination of high-end multiplexes and budget retrofit single-screens. We believe in providing customer satisfaction through process enhancements and constant innovation in our services and facilities such as high comfort recliner seating arrangements in ‘ The Red Lounge ', massage chairs, etc. Within 3 years Cinemax projects to have a nationwide footprint with 85 properties and 250 screens in all. To propel this phenomenal growth, the Company will follow a strategic mix of the ownership and the leasing models. We have conducted many PREMIERES. Gaming Our Gaming business which is currently operational under the brand name – ‘Giggles- The Gaming Zone' at Eternity Mall, Thane. It is spread over 13,000 sq ft of area and offers around 50 state-of –the –art games. We have also opened ‘Giggles- The Gaming Zone' at Eternity Mall, Nagpur. We plan to expand our gaming business by opening several new Giggles gaming zones at some of our future multiplexes at different locations in India . Food Court The idea is to provide one stop destination to patrons flocking the Multiplexes. Watching Movies is naturally followed by enjoying delicacies with a family and thus the Food brand “INDULGE” was conceived. It is a huge draw and the brand “INDULGE” is serving as a huge profit making proposition for Cinemax.
Production & Distribution Entering Distribution and Production is natural for Cinemax after being front runner in Exhibition business. Our exhibition network and goodwill in the Industry has provided us a solid platform to successfully venture in Distribution and our recent releases says all. Production is on anvil, as we are brainstorming with best of the concepts in the Industry. We are in talks with few bigger names and are in the process of coming up with some big-time announcements. Mall Development We have also developed over 200,000 sq feet of mall area at Eternity mall, Thane where part of the space is occupied by our exhibition business and our gaming business Giggles. Our mall devlopment business is limited to the development of Nagpur mall and development of the balance FSI available at Eternity Mall phase 2, Thane. We are currently, developing a mall at Nagpur with over 100,000 sq ft of area and 30,000 sq. ft. of area at Eternity mall, Thane (phase 2) which are expected to be operational by FY07 and FY08 respectively. Except the above mentioned projects, currently we do not have any proposed mall development plans. Our pro forma combined income for FY06 is Rs. 745.78 million as against Rs. 345.50 million in FY05. Our exhibition business accounted for 62.70 % the revenues in FY06. Our combined profit after tax in FY06 was Rs. 76.79 million as against Rs. 62.21 million in FY05. For FY07 our consolidated total revenue is Rs. 957.40 millions and profit after tax of Rs.114.73 millions. For Financial Year 2007-08 The Company recorded total income of Rs.106.28 crores, as compared to Rs.95.74 crores for the previous year, a growth of 11%.The Company's EBIDTA stood at Rs. 30.46 crores against Rs.27.73 crores in 2006-07 , an increase of 9.85%. The Profit After Tax (PAT) of the Company increased from Rs. 11.47 crores in 2006-07 to Rs. 13.77 crores, an increase of 20.04%. Future Expansion Plans In relation to our future expansion plans, our Company has entered in to Memorandum of Understandings (MoUs) for establishing Multiplexes, on lease basis. The final terms are yet to be agreed upon. Details of MoUs: The Company has entered into the following MoUs. Sr. No.
Location
Screens
Area
1
Ahmedabad
4
30000
2
kolkata
2
10500
3
Indore
3
30000
4
Dadar
1
7680
5
Nasik
5
36640
6
Ludhiana
5
31250
7
Kanpur
3
29500
8
Dibrugarh
2
18600
9
Baroda (Race Couse Rd)
2
13,000
10
Kolkata
2
23000
11
Anand, Gujrat
4
30000
12
Amritsar
4
40000
13
Siligudi
4
35750
14
Cochin
4
18125
15
Gurgaon
3
24131
16
Greater Noida
5
46920
17
Pune
4
32736
18
Surat - Dhummas Road
3
27500
19
Chandigarh (Panchkula)
3
22000
20
Jallundhar
5
49044
21
Pune (Pimpri-Chinchwad)
5
39041
22
Nanded
4
27500
23
Sangli
4
26000
24
Raipur
5
35000
25
Pune
4
39755
26
Gulbarga
3
23040
27
Bangalore
4
25000
28
Delhi - Shahadara
3
23125
29
Deharadun
3
31250
30
Lucknow
3
27000
31
Malegaon
3
30000
32
Saharanpur
3
30000
33
Baroda
3
21000
34
Hyderabad
3
22000
35
Bangalore
6
30000
36
Bangalore
4
28000
37
Delhi
6
45000
38
Surat - Adajan
4
30000
39
Dhanbad
4
30000
40
Chennai
5
49561
41
Mehsana, Ahmedabad
4
30000
42
Jalgaon
3
23000
43
Vizianagaram
2
18000
44
Belgaum
4
34300
45
Jamnagar
4
25000
46
Pune
4
30000
47
Gwalior
4
32000
48
Amritsar
4
28000
49
Cuttack
4
30000
50
Jabalpur
4
47500
51
Bhopal
4
28000
52
Dawengere
4
35000
53
Mysore
8
50000
54
Lucknow
5
37820
55
Chennai
6
42000
56
Ludhiana
6
42000
57
Zirakhpur
8
60000
58
Bhubaneshwar
4
30000
59
Bangalore
8
50000
60
Bangalore (Banargatta)
8
75000
61
Trivendram
5
36250
62
Thane
5
36000
63
Ahmedabad
4
32000
64
Pune - Kalyani Nagar
5
30000
273
1,922,534
Grand Total
* The number of screens for each theatre as stated in the aforesaid table is subject to approval from the relevant government authorities. In addition to the above MoU’s, as part of our business expansion plans for establishing Theatres, we have also entered into LoI’s with various parties for different locations. Corporate Booking Events Contest Offers Newsletter Advertise Careers Tele Booking Contact Us FAQs Feedback Privacy Policy Disclaimer Eternity Malls Max Card Site Map All Rights Reserved. 2008 Cinemax India Ltd. Designed & Developed by Idealake Information Technologies Pvt. Ltd.
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