UFO Moviez-Q4 FY17 and 12 Month FY17 Results Update

India focused Portfolio Advisory - Exp of 40+years, Das Capital Management and Advisors

Arun Thirumalai

India focused Portfolio Advisory - Exp of 40+years

Das Capital Management and Advisors

Das Capital is a research boutique with an aim to continuously map and plan the investment needs of investors focused on India. We have a six member research team with a combined experience of over 40 years as a part of our investment wing. Our team assisted in the setup of Premji Investments, which was one of India’s first family offices focused to managing Mr.Azim Premji personal wealth. We also serve as a research team to two Indian private equity energy funds “Small is Beautiful” and “KSK Emerging India Energy Fund”.

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/24124" target="_blank" data-smartkarma-citation="entities:24124:1">Ufo Moviez India (UFOM IN)</a> Q2FY19 results were in line with our expectations. While revenues declined by 4% YoY in Q2 FY19, PAT also declined by 4% YoY in the same period primarily due to the impact of D-Cinema sunset. We have mentioned in our earlier reports (click <a href="https://www.smartkarma.com/insights/ufo-moviez-see-you-at-the-movies" target="_blank">here</a> and <a href="https://www.smartkarma.com/insights/ufo-moviez-fy18-results-update" target="_blank">here</a>) that the company is phasing out its distributor revenues from the Hollywood studio that may only last till FY20. We analyze the result.</p>

Ufo Moviez India (UFOM IN) Q2FY19 results were in line with our expectations. While revenues declined by 4% YoY in Q2 FY19, PAT also declined by 4% YoY in the same period primarily due to the impact of D-Cinema sunset. We have mentioned in our earlier reports (click here and here) that the company is phasing out its distributor revenues from the Hollywood studio that may only last till FY20. We analyze the result.

UFO Moviez India Ltd

UFO Moviez-Q2FY19 Results Update