Cinemax India has declared its consolidated FY07 result. The company's profit was up 28% at Rs 11.5 crore on YoY basis and its sales was at Rs 102 crore. Its operating profit margin was at 26%.

Key Takeaways of Cinemax India Concall hosted by concept PR

The Company has posted gross income of Rs 102.40 Crores on consolidated basis.

The total income for the financial year 2007 on stand alone basis was Rs 71.05 Crores as against Rs 43.86 Crores of financial year 2006, a whopping increase by 163%.

Increase in footfalls this financial year up by 142% from 36.70 Lacs to 52 Lacs.

The company has registered an EBITDA of R. 27.73 crores on consolidated basis which accounted to 27% of the total Revenues.

Average ticket price (ATP) increased by 19% from Rs 105 to Rs 125.

In 2007 85% revenues came from theater business and 15% from construction

Company has 33 screens in March ‘07 and targeting 108 screens by March ‘08.

Theatre properties in Mumbai with 20 screens spread over 120,000 square feet area.

Company spending Rs 60-80 thousand per seat.

Debt for the company is Rs 63 crore and by March ‘08 Company expect Rs 50 crore

Company has 60-70 thousand sq ft space in Nagpur for mall, which is completed

Spending Rs 60 per sq feet for Lease Rent in Thane

Targeting Rs 3-4 crore revenue from Gaming business in one year

Company added two properrties at Himmatnagar, Gujarat and Guwahati, Assam.

Company getting Rs 155 ATP from Guwahati

From Himmatnagar getting Rs 75 ATP and targeting Rs 90.

Revenues:

75% ticket sells

16% F&B

5% ad revenue

Average number of seats per screen 300-350 and targeting for future not more than 200-250 per screens

10% properties in South and rest in North and West.

Expansion plan 12 properties as on today and targetitng 38 properties

8-10 screens come in operation every month.

Over the next two years company plan to reach 49 locations housing 165 screens and 42000 plus seats.

15% of total revenues come from Hollywood.