Investor FAQs

General company information

Q1.

Where and when was Prime Focus Limited (PFL) incorporated?

Prime Focus Limited was incorporated as a limited company under the Companies Act, 1956 in Mumbai on June 24, 1997.

Q2.

What are the key areas of business for Prime Focus?

Prime Focus Limited (PFL) has today emerged as the world’s largest independent and integrated media services powerhouse, employing over 9,098 professionals in 17 cities across 4 continents and 7 Time zones. The company provides end-to-end creative services (visual effects, stereo 3D conversion, animation), technology products & services (Media ERP Suite and Cloud-enabled media services), production services (shooting floors/sound stages, equipment rental) and post production services (Digital Intermediate, sound, picture post) to Studios, Broadcast and Advertising industries.

Prime Focus is behind path breaking technologies like CLEAR (Hybrid Cloud technology enabled Media ERP platform), Primetime Emmy® award-winning DAX Digital Dailies® and View-D™ (stereoscopic 2D to 3D conversion). Leveraging its Global Digital Pipeline and pioneering delivery model WorldSourcing®, the company partners with content creators at every stage of the process ensuring creative enablement, work flow efficiencies and cost optimization.

Q3.

What is Prime Focus Group’s corporate structure?

 

Q4.

Who are the key investors in Prime Focus Limited?

As per the latest shareholding pattern, as on September 30, 2018, the key public shareholders are:

  % Shareholding
Promoters 34.96%
Standard Chartered Private Equity Fund 21.99%
Reliance Mediaworks Financial Services Private Limited 35.08%
Others 7.97%
Q5.

What is the employee strength of Prime Focus?

Prime Focus has over 9,098 professionals in 17 cities across 4 continents and 7 Time zones.

Q6.

Where are Prime Focus’ offices located?

The group has offices in Abu Dhabi, Bangalore, Cape Town, Chandigarh, Delhi, Goa, Hyderabad, Johannesburg, Kolkata, London, Los Angeles, Mumbai, Chennai, Montreal, New York, Toronto and Vancouver.

Q7.

Who is on Prime Focus’ Board of Directors?

The Board of Directors of the Company has a combination of three executive and seven non-executive directors out of which 5 are independent non-executive directors. The names and categories of the directors on the board are as below:

  1. Mr. Namit Malhotra, Chairman and Executive Director
  2. Mr. Naresh Malhotra, Whole Time Director
  3. Mr. Ramakrishnan Sankaranarayanan, Managing Director
  4. Mr. Kodi Raghavan Srinivasan, Non-Executive Director (Independent)
  5. Mr. Padmanabha Gopal Aiyar, Non-Executive Director (Independent)
  6. Mr. Rivkaran Chadha, Non-Executive Director (Independent)
  7. Mr. Udai Dhawan, Non-Executive Director
  8. Mr. Anand Natarajan, Non-Executive Director
  9. Mr. Samu Devarajan, Non-Executive Director (Independent)
  10. Mrs. Hemalatha Thiagarajan, Non-Executive Director (Independent)
Q8.

Who are Prime Focus’ independent auditors?

Prime Focus’ independent auditor is M/s. Deloitte Haskins and Sells, Chartered Accountants (registration no. 117364W)

Financial Information

Q1.

What is the revenue and profit of Prime Focus for the last financial year?

Consolidated Revenue and Adjusted EBITDA for FY ’18 is at Rs. 22,575 mn and Rs. 5,435 mn, respectively.

Q2.

What is the percentage of revenue from India and Rest of the world?

16% of revenue is from India and 84% from rest of the world in FY ’18.

Q3.

What is the 5-year revenue and profit CAGR of Prime Focus?

As per the latest shareholding pattern, as on December 31, 2014, the key public shareholders are:

  5 YR CAGR
Revenue 24%
Adjusted EBITDA 25%

Note: FY ‘18 financials are annualized to calculate the CAGR. All numbers are on consolidated basis.

Q4.

What is Revenue contribution from each business segment?

Creative Services (VFX and 3D services) contributed 78% of revenue while Technology Services and Film & Media Services contributed 15% and 7%, respectively, in FY ‘18.

Q5.

What is the debt in its balance sheet? How much of it is dollar related?

Net Debt for the company as on June 30, 2018 is at Rs. 16,944 mn and approximately 64% of it is dollar related.

Other Information

Q1.

When was Prime Focus’ Initial Public Offering and at what Price?

In 2006, Prime Focus entered the capital markets with a public issue of Rs. 1.15 bn at a price band of Rs. 450-500 which was later revised to Rs. 417-500. The issue opened on May 25 and closed on June 3, 2006 receiving 1.23 times subscription. Its shares began trading on Bombay Stock Exchange and National stock Exchange on June 20, 2006.

Q2.

On which stock exchanges are Prime Focus shares listed and what are the codes?

The equity shares of Prime Focus are listed on BSE and NSE. The codes are as below:

  NSE BSE
Exchange code PFOCUS 532748
Reuters code PRFO.NS PRFO.BO
Bloomberg code PRIF:IN  
Q3.

What is the registered share capital?

The registered share capital is Rs. 299,165,645. The number of registered shares amounts to 299,165,645 with a nominal value of Rs. 1 each as on September 30, 2018.

Q4.

Historic share price data at year end for the last 5 years:

Share Price (5 days average) at March 31st of last 5 years is as below:

  Share Price
2018 86.28
2017 83.09
2016 51.78
2015 40.68
2014 26.99

Note: 2010 price is before the stock split of 10 for 1.

Q5.

What is the credit rating of the company?

India Ratings and Research (Ind-Ra) has given Prime Focus Limited (PFL) a Long-Term Issuer Rating of ‘IND A-’ as on February 1, 2018.

Q6.

When does the financial year of Prime Focus end?

Prime Focus’ financial year (12-month accounting period) ends on March 31 from 2018 onwards.

Q7.

When is the AGM held and where?

AGM for FY ‘18 was held on September 28, 2018 and for FY ‘17, it was held on Sep 27, 2017 in Mumbai.

Q8.

What is the address of the registered office of Prime Focus?

The address of the registered office of Prime Focus is as below:
Prime Focus House
Linking Road, Khar (West)
Mumbai- 400052, India.
Phone: +91-22-6715 5000

Q9.

What is the date of release of next quarterly financial results?

As a public company, Prime Focus is required to file quarterly financials based on the guidelines set forth by Securities and Exchange Board of India, which is within 45 days of quarter ending and annual financials within 60 days of end of financial year.

Q10.

Does Prime Focus pay dividends?

No dividend has been declared during the year in order to preserve funds for future activities. Future declaration of dividends on Prime Focus stock is at the sole discretion of the Prime Focus Board of Directors.