UFO Moviez’ exhibition brand NOVA Cinemaz debuts in Uttar Pradesh

UFO Moviez’ exhibition brand NOVA Cinemaz debuts in Uttar Pradesh with Kunwar NOVA Cinemaz

NOVA Cinemaz, the exhibition brand of UFO Moviez, India’s largest digital cinema distribution network & in-cinema advertising platform, recently launched its first minplex, Kunwar NOVA Cinemaz in Gonda, Uttar Pradesh. The latest miniplex from NOVA comprises of 2 screens and a total seating capacity of 434 seats and began its operations on 6 September. Located in Kunwar Picture Palace, Circular Road, Janki Nagar, Gonda, UP, Kunwar NOVA Cinemaz has already become a one-stop entertainment destination for local movie buffs. Hindi movie - Chhichhore was screened in its opening week.

Kunwar NOVA Cinemaz is one of the most technologically advanced theatre with most modern amenities and facilities in the region. Equipped with the state-of-the-art projection & sound technology, it has revolutionized the cinema-viewing experience in Gonda. The theatre offers a mix of Bollywood and regional movies, all under one roof.

Kunwar NOVA Cinemaz leverages UFO Moviez' existing strength in industry relationships and its unmatched ability to seamlessly distribute film content across India. The multiplex offers world-class amenities which include:

•         Mesmerizing Ambience - State-of-the-art viewing experience

•         High-tech digital projection technology

•         Enhanced  with Dolby 7.1 Digital sound technology

•         Comfortable & spacious seating arrangement - Has a total seating capacity of 434 seats

•         Appetizing Snacks Options – Cafeteria

•         Trained ushers and housekeeping staff will add to the pleasant movie-viewing experience.

•         Ample Parking space

With this launch, NOVA Cinemaz now operates 49 screens at 23 properties in 21 cities across India. The other NOVA properties across India include - CineRoyale Cinemas-NOVA Cinemaz (Moga, Punjab) Rockstar NOVA Cinemaz (Virar, Maharashtra) Y Screens NOVA Cinemaz (Kovvur, Andhra Pradesh) NOVA Cinemaz (Nagpur, Maharashtra) Raj NOVA Cinemaz (Karjat, Maharashtra), Raj Mandir Nova Cinemaz (Jalna, Maharashtra), Niharika NOVA Cinemaz (Korba, Chhattisgarh, Vinay NOVA Cinemaz (Balod, Chhattisgarh), Kantishiva NOVA Cinemaz (Betul, Madhya Pradesh), Kantishiva NOVA Cinemaz (Sarni, Madhya Pradesh), Ankita Nova Cinemaz ( Bhuranpur, Madhya Pradesh), Pearl NOVA Cinemaz (Palampur, Himachal Pradesh), Aradhaya NOVA Cinemaz (Mundra, Gujarat), Prabhat NOVA Cinemaz (Raipur, Chhattisgarh), Neelam NOVA Cinemaz (Moga, Punjab), 4G NOVA Cinemaz (Mullanpur, Punjab), OHM Orbit NOVA Cinemaz (Fazilka, Punjab), NOVA Cinemaz (Doraha, Punjab) Dreamz Nova Cinemaz (Daryapur, Maharashtra), Shiraz NOVA Cinemaz (Hoshiarpur, Punjab) and  Mohan NOVA Cinemaz (Aurangabad, Maharashtra).

UFO’s asset-light franchise model, NOVA CINEMAZ, has been envisaged to stabilize the demand-supply gap in the local cinema business. The aim of NOVA is to make the movie-going experience affordable, entertaining and accessible. NOVA Cinemaz encourages local entrepreneurs to own and operate NOVA branded theatres in various parts of the country. As per the arrangement, the franchisee shall make the primary investment, and UFO shall ensure that the theatre is set up at a competitive cost.

UFO Moviez launched a unique social media initiative #DearPapaWithUFO to celebrate Father’s Day

To make Father’s Day more memorable, UFO Moviez, India’s largest digital cinema distribution network and in-cinema advertising platform has launched unique social media initiative #DearPapaWithUFO. The winners will get once in a lifetime opportunity to watch their Father’s Day video message on the big screen along with their fathers. The contest began on 10 June and ends on 13 June 2019.

A social media contest is being conducted on UFO Moviez social media platforms, encouraging participants to post their selfie video wishing their fathers on Father’s Day mentioning hashtag #DearPapaWithUFO and tagging UFO Moviez in their posts. Participants with the most heart touching video messages will be declared as winners. Gratification includes screening of the Father’s Day video on UFO Moviez screens pan India, along with free movie tickets and exciting gift hampers.

The whole thought behind this idea is we usually have difficulty in expressing our love to our fathers as compared to our mothers. UFO Moviez wants to bridge this gap and is requesting kids to express their affection to their fathers and give them an experience which both the kids and fathers will never forget.

Commenting on the same, Mr. Siddharth Bhardwaj, Chief Marketing Officer, UFO Moviez said, “We at UFO Moviez believe that fathers play a major role in shaping the personality of every individual and we should not shy away from expressing our love to our wonderful father. Given the fact that our network of over 3500 screens have a potential of entertaining over 4.2 cr audiences in any week, we have decided that using our network we will take this message to the wonderful fathers that are shaping the future of our nation.

UFO Moviez Reports Q4&FY19 Results

The Board declares/recommends 300% dividend

In Q4FY19, Advertisement Revenue grows 3.6% to ₹805 Mn

EBITDA up 13.8% to ₹656 Mn & PAT up 29.7% to ₹335 Mn

In FY19, Advertisement Revenue grows 11.1% to ₹2,372 Mn

EBITDA stood at ₹1,683 Mn & PAT up 5.9% to ₹665 Mn

UFO Moviez India Limited, India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens, today, announced its financial results for the quarter and year ended March 31, 2019.

Financial Highlights:

Quarter ended March 31, 2019

Consolidated revenues increased by 19.7% to ₹1,939 (Q4FY18 – ₹1,620) million. EBITDA grew by 13.8% to ₹656 (Q4FY18 – ₹576) million. PBT was higher by 17.0% to ₹480 (Q4FY18 – ₹410) million and PAT grew by 29.7% to ₹335 (Q4FY18 – ₹259) million.

                

Advertisement revenue grew 3.6% to ₹805 (Q4FY18 – ₹777) million. Average advertisement minutes sold per show per screen stood at 6.85(Q4FY18 – 7.39) minutes.

Year ended March 31, 2019

Consolidated revenues increased by 3.3% to ₹6,169 (FY18 – ₹5,970) million. EBITDA stood at ₹1,683 (FY18 – ₹1,729) million, PBT was higher by 1.1% to ₹995 (FY18 – ₹984) million and PAT grew 5.9% to ₹665 (FY18 – ₹629) million.

Advertisement revenue grew 11.1% to ₹2,372 (FY18 – ₹2,136) million. Average advertisement minutes sold per show per screen grew to 5.54 (FY18 – 5.19) minutes.

“We are pleased with UFO’s advertisement performance and earnings growth in fiscal year 2019,” said Kapil Agarwal, Joint Managing Director. “Our performance demonstrates our continued ability to deliver on our advertisement objectives, with Corporate advertisement revenues growing 15% during the year. In line with the Company’s capital distribution philosophy, the Board has enhanced the dividend to 150% for the fiscal year 2019. Further, in view of the accumulated cash available with the Company, the Board has also declared a one-time special interim dividend of 150%. UFO has established the building blocks to capitalize on opportunities and deliver long-term growth.” 

UFO Moviez collaborates with Madhuri Dixit’s

UFO Moviez collaborates with Madhuri Dixit’s online dance academy ‘Dance with Madhuri’ to Celebrate International Dance Day

UFO Moviez, India’s largest digital cinema distribution network & in-cinema advertising platform collaborates with Madhuri Dixit’s online dance academy, Dance With Madhuri (DWM), to launch an engaging and innovative digital dance challenge #DanceLikeMadhuri to celebrate the International Dance Day in grandeur.  

UFO Moviez and DWM will host a first of its kind Digital Dance Challenge #DanceLikeMadhuri on their respective social media handles ‪from 26th to 29th April, 2019. To participate in the challenge, fans have to enact the most iconic dance hook steps of Madhuri’s songs and upload their videos on UFO Moviez social handles. The winners will be chosen by none other than dance maestro herself Madhuri Dixit & UFO Moviez jointly and will get a special gratification from both UFO Moviez and DWM along with movie vouchers and DWM discount vouchers.

Commenting on the initiative, Mr. Siddharth Bhardwaj, Chief Marketing Officer, UFO Moviez said, “We are thrilled to partner with Madhuri Dixit’s ‘Dance With Madhuri’ for first of its kind Digital Dance Challenge #DanceLikeMadhuri to celebrate International Dance Day. On the occasion of International Dance Day, we wanted to do something exciting for our audience, and we believe that nothing can get bigger than associating with Madhuri Dixit. We at UFO Moviez, thrive to create new experiences for all our stakeholders. We are certain that this initiative would provide a perfect platform for the fans to showcase their hidden talents and help to take their talents to the next level.”

On this Madhuri Dixit  “Our vision for Dance with Madhuri is to take the passion of dance to everyone and we believe our collaboration with UFO Moviez will ensure that millions of people can now learn how to dance. Dance with Madhuri has been receiving a lot of love from people and we wanted to do something special for the fans. Joining hands with UFO Moviez , we know we will surely reach wider audiences. 

About UFO Moviez India Ltd: (www.ufomoviez.com)

UFO Moviez India Limited is India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens. UFO operates India’s largest satellite-based, digital cinema distribution network using its UFO-M4 platform, as well as India’s largest D-Cinema network. As on December 31, 2018, our global network, along with subsidiaries and associates, spans 5,970 screens worldwide, including 5,289 screens across India and 681 screens across the Middle East, Mexico and the USA. UFO’s digitization and delivery model has been a key driver of extensive digitization of Indian cinemas and has enabled wide-spread, same day release of movies across India. UFO adds value to all stakeholders in the movie value chain, spanning movie producers, distributors, exhibitors and the cinema-going audience. UFO provides value to movie producers and distributors by reducing distribution costs, providing reach to a wide network, providing a faster method of delivery of content and reducing piracy through encryption and other security measures. We provide value to movie exhibitors throughout India by providing access to first day release of movies on our digital platform. Audiences benefit from faster access to new movie releases and a consistently high quality viewing experience. UFO has created a pan India, high impact in-cinema advertising platform with generally long-term advertising rights to 3,738 screens, with an aggregate seating capacity of approximately 1.63 million viewers and a reach of 1,291 cities and towns across India, as on December 31, 2018. UFO’s in-cinema advertising platform enables advertisers to reach a targeted, captive audience with high flexibility and control over the advertising process. UFO’s in-cinema advertising platform also allows small exhibitors who otherwise are not able to effectively monetize their advertising inventory due to their limited scale and reach to receive a greater share of advertisement revenue than they are able to using traditional advertising methods.

NOVA Cinemaz launched Virar’s first ever multiplex Rockstar NOVA Cinemaz

UFO Moviez’ Franchise brand NOVA Cinemaz launched Virar’s first ever multiplex Rockstar NOVA Cinemaz

UFO Moviez’s, franchise brand NOVA Cinemaz, recently launched Virar’s first ever multiplex, Rockstar NOVA Cinemaz on 28 Feb 2019. The 2-screen multiplex theatre, Rockstar NOVA Cinemaz is located at Lakdu Plaza, Olanda Naka, Virar, Maharashtra. Hindi movie - Lukka Chuppi and Marathi Movie - Dokyala Shot were screened in its opening week. With this addition, NOVA Cinemaz strengthens its growth in Maharashtra with 12 screens in 6 properties.

One of the fastest developing locality in Maharashtra and home to popular beaches, Virar had been missing out on a technologically advanced multiplex for far too long. Equipped with state-of-the-art projection & Dolby 7.1 Digital sound along with 3D capabilities, Rockstar NOVA Cinemaz has revolutionized the cinema-viewing experience in Virar. The theatre offers a mix of Bollywood, regional and Hollywood movies, all under one roof.

Rockstar NOVA Cinemaz leverages UFO Moviez' existing strength in industry relationships and its unmatched ability to seamlessly distribute film content in remote areas. The multiplex offers world-class amenities which include:

•         Mesmerizing Ambience - State-of-the-art viewing experience in all the two auditoriums

•         High-tech digital projection technology with 3D capabilities

•         Enhanced, 7.1 Dolby Digital sound systems that enables audience to hear movie sound that improves the onscreen action

•          Comfortable & spacious seating arrangement

•         Appetizing Snacks Options – Cafeteria

•         Trained ushers and housekeeping staff will add to the pleasant movie-viewing experience.

Commenting on the launch, Mr. Vishnu Patel, CEO – Special Projects, UFO Moviez said, “It has been our privilege to introduce Virar’s first Multiplex, Rockstar NOVA Cinemaz. It’s absolutely a new experience for the people of Virar as the multiplex is fully air-conditioned with plush seats, offering high-tech digital projection system and 7.1 Dolby Digital sound and exceptional customer service. We are glad to witness the overwhelming response that Rockstar NOVA Cinemaz has been receiving from the locales of Virar. I’m sure that this will be another milestone in the journey of UFO’s NOVA Cinemaz towards revolutionizing the way cinemas are viewed in this country”

Mr. Shailesh Dattaray Vaity, Partner, Rockstar NOVA Cinemaz, said, “I am certain that our partnership with NOVA Cinemaz will go a long way towards offering a great movie-watching experience for the people of Virar. Rockstar NOVA Cinemaz is very conveniently located in Virar and boasts of ample parking space, contemporary movie screening technology and excellent amenities. I am confident that Rockstar NOVA Cinemaz will soon become an entertainment anchor of Virar, providing an unrivalled movie watching experience to cinema enthusiasts.’’

With this launch, NOVA Cinemaz is now present in 19 cities with 40 screens, across India. The other NOVA properties across India include - NOVA Cinemaz (Nagpur, Maharashtra) Raj NOVA Cinemaz (Karjat, Maharashtra), Raj Mandir Nova Cinemaz (Jalna, Maharashtra), Niharika NOVA Cinemaz (Korba, Chhattisgarh, Vinay NOVA Cinemaz (Balod, Chhattisgarh), Kantishiva NOVA Cinemaz (Betul, Madhya Pradesh), Kantishiva NOVA Cinemaz (Sarni, Madhya Pradesh), Ankita Nova Cinemaz ( Bhuranpur, Madhya Pradesh), Pearl NOVA Cinemaz (Palampur, Himachal Pradesh), Aradhaya NOVA Cinemaz (Mundra, Gujarat), Prabhat NOVA Cinemaz (Raipur, Chhattisgarh), Neelam NOVA Cinemaz (Moga, Punjab), 4G NOVA Cinemaz (Mullanpur, Punjab), OHM Orbit NOVA Cinemaz (Fazilka, Punjab), NOVA Cinemaz (Doraha, Punjab) Dreamz Nova Cinemaz (Daryapur, Maharashtra), Shiraz Nova Cinemaz (Hoshiarpur, Punjab), and  Mohan Nova Cinemaz (Aurangabad, Maharashtra)

UFO’s asset-light franchise model, NOVA CINEMAZ, has been envisaged to stabilize the demand-supply gap in the local cinema business. The aim of NOVA is to make the movie-going experience affordable, entertaining and accessible. NOVA Cinemaz encourages local entrepreneurs to own and operate NOVA branded theatres in various parts of the country. As per the arrangement, the franchisee shall make the primary investment, and UFO shall ensure that the theatre is set up at a competitive cost.

UFO Moviez Reports Q3&9MFY19Results

In Q3FY19, Advertisement Revenue grew26.6%to₹626Mn

EBITDA up 10.7% to ₹406Mn& PAT up 21.9% to ₹146Mn

 UFO Moviez India Limited, India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens, today, announced its financial results for the quarterand ninemonthsended December 31, 2018.

Financial Highlights:

Quarter ended December 31, 2018

Consolidated revenues increased by10.3% to₹1,547(Q3FY18 –₹1,402) million. EBITDA increasedby 10.7% to₹406(Q3FY18 – ₹367)million. PBT increased by 28.5% to ₹230(Q3FY18 – ₹179)million andPAT increased by 21.9% to₹146(Q3FY18 – ₹120)million.

                      

Advertisement revenue grew 26.6% to₹626(Q3FY18 – ₹494)million.Average advertisement minutes sold per show per screen grew to5.81(Q3FY18–4.54) minutes.

Nine Months ended December 31, 2018

Consolidated revenues stood at ₹4,229(9MFY18 – ₹4,349)million. EBITDA stood at ₹1,027(9MFY18 – ₹1,153)million, PBT stood at ₹515(9MFY18– ₹574)million and PAT stood at ₹330(9MFY18 – ₹370)million.

Advertisement revenue grew by 15.3% to₹1,568(9MFY18 – ₹1,359)million.Average advertisement minutes sold per show per screen grew to5.12(9MFY18–4.36) minutes.

“During the quarter, UFO Moviez deliveredstrongadvertisement performance primarily driven by~40%growth in Corporateadvertisement revenue,” said Sanjay Gaikwad, Founder and Managing Director.“Caravan Talkies also continued to gain momentum led by higher realizations and increased van utilization.Also, we continue to generate healthy cash flows as the capex intensity remains low.Going forward, we believe that we will continue to deliver healthy operating and financial performance, steady cash flows and as a result higher returns and better value to our shareholders in the long term.”