Eros International Media Ltd:
Eros International is a part of the Eros group, a leading global Company in the Indian film
entertainment industry. Over 30 years of presence in Indian cinema has enabled the Company to
build a successful business model by co-producing, acquiring and distributing Hindi and other Indian language films across multiple channels such as theatres, television and digital new media platforms. Eros International has a strong library comprising more than 1,100 films, which provides a reliable source of recurring cash flow and enables the Company to adopt a „bundling‟ licensing strategy which is a key competitive advantage. Further, Eros International‟s distribution capabilities enable the Company to market its films to 1.2 billion people in India.
During Oct 2010, the Company successfully completed the listing of Eros International Media Ltd on the Indian exchanges. It raised Rs. 3,500 million through the IPO and the issue was subscribed 29.9 times.
Investment Rationale:
The company has an extensive film library and is engaged in sourcing Indian and other film
content. It exploits its content globally, through its offices in India, UK, USA, UAE, Singapore,
Australia, the Isle of Man and Fiji. Its distribution formats includes theatres, home entertainment,
television and digital new media. The company produces and distributes Tamil films through its
51% subsidiary Ayngaran International, having strong presence in the overseas distribution of
Tamil films.
Has established a strong theatrical distribution network within India through its own offices in
some of the key markets such as Mumbai, Delhi and Punjab. In addition, the distribution in
West Bengal is done through an exclusive distributing agent. Further, Hindi and Tamil films in
South India are distributed through Ayngaran„s offices. In addition, the Eros Group has an
established multi-channel global distribution network carefully built over a span of three
decades and helping it reach over 50 countries through dubbed and original language content
Has diversified revenue streams and pre-sale strategies which seek to minimize risk and
promote strong free cash flow generation
Has a strong and experienced management team having deep talent relationships,
substantial industry expertise and a proven track record of operational success
Next upcomming movie Releases: RANA goes on floor Rajinikanths next magnum opus started shooting at Chennai. Eros international along with NextGen FIlms, will produce the film through RANA prouction Ltd., UK. The Other movies which are ready to release in near future are Mausam for 16th Sept 2011, Agent Vinod(Dec 2011), Desi BOYZ(NOV 2011), ROCKSTAR(Sept 2011), BOL, RA ONE(Oct 2011), Cocktail, Kunal Kohli.
Recent FILM Release Data & Revenue details: Zindagi Na Milegi Dobara (Staring Hrithik Roshan, Katrina Kaif, Farhan Akhtar, Abhay Deol & Kalki Koechlin) which released across cinemas worledwide on 15th July 2011. The film has garnered an impresive gross collection of Rs. 52.50 crores worledwide int he opening weekend and this is the highest grossing Hindi film of 2011 in the overseas markets.
MURDER2: Eros International gross worldwide collections of Rs 35 Cr of MURDER 2 in its opening weekend.
Ready: Eros Internationals first week gross worldwide collections of Rs. 113 Cr for 'Ready' film.
In FY2011, Eros International successfully released a total of 77 films across languages, reiterating its leadership position in the Indian film industry.
The Company continues to focus on enhancing the film portfolio for the next two years.
The Group also has a slate of regional films in Marathi and Punjabi as well
as Tamil films through its 51% subsidiary Ayngaran and some smaller scale Hindi releases.
DIGITAL NEW MEDIA AND ANCILLARY:
In addition to Eros International‟s theatrical and television distribution networks, it has a global
network for the distribution of the Company‟s content across digital and traditional home
entertainment formats.
The Company distributes content which consists of full length films, music videos and clips, through both physical formats (DVD and VCD) and digital formats (VOD, SVOD, DTH, online).
GAMING & MERCHANDISING:
Eros International has a large catalogue for gaming and merchandising rights. The Company
is currently developing two new games with Sony PS3 for forthcoming films Ra.One and
Agent Vinod
FINANCIALS: In FY2011, the Company witnessed an increase of 42.8% in PAT to Rs. 1,172.3 million as against Rs.821.2 million in FY2010. Total income increased by 9.6% and stood at Rs. 7,159.2 million (FY2010: Rs 6,535.0 million).
Share Holding Pattern: Promoters group holds 78.12% of total shares,
And 8.57% of shares are held with corporate bodies leaving 13.31% with general public.
Below are the list of corporate bodies who are holding more than 1% of the total shares.
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