Professional Documents
Culture Documents
New User ?
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.
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.
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%.
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.
* 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.