Company Profile Of Cinemax

  • June 2020
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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.

Kanakia Spaces | R. B. K. School

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