Financial Performance Highlights

Q2 FY27 Performance (YoY Comparison):

  • Revenue from Operations: ₹1,294 Mn (vs ₹1,108 Mn in Q2FY26), +17%
  • Other Income: ₹5 Mn (vs ₹5 Mn in Q2FY26), +1%
  • Total Revenue: ₹1,299 Mn (vs ₹1,113 Mn in Q2FY26), +17%
  • EBITDA (after variable pay & incentives): ₹213 Mn (vs ₹218 Mn in Q2FY26), -2%
  • Depreciation and amortisation: ₹113 Mn (vs ₹102 Mn in Q2FY26), +11%
  • EBIT: ₹100 Mn (vs ₹116 Mn in Q2FY26), -14%
  • Finance Cost: ₹31 Mn (vs ₹34 Mn in Q2FY26), -7%
  • Finance Income: ₹22 Mn (vs ₹20 Mn in Q2FY26), +12%
  • Profit from Associates: ₹5 Mn (vs ₹4 Mn in Q2FY26), +15%
  • PBT: ₹96 Mn (vs ₹106 Mn in Q2FY26)
  • Tax: ₹32 Mn (vs ₹31 Mn in Q2FY26)
  • PAT: ₹64 Mn (vs ₹75 Mn in Q2FY26)
  • Basic EPS: ₹1.65 (vs ₹1.94 in Q2FY26)

H1 FY27 Performance (YoY Comparison):

  • Revenue from Operations: ₹2,401 Mn (vs ₹2,174 Mn in H1FY26), +10%
  • Other Income: ₹16 Mn (vs ₹29 Mn in H1FY26), -44%
  • Total Revenue: ₹2,417 Mn (vs ₹2,203 Mn in H1FY26), +10%
  • EBITDA (after variable pay & incentives): ₹402 Mn (vs ₹411 Mn in H1FY26), -2%
  • Depreciation and amortisation: ₹218 Mn (vs ₹203 Mn in H1FY26), +8%
  • EBIT: ₹184 Mn (vs ₹208 Mn in H1FY26), -12%
  • Finance Cost: ₹64 Mn (vs ₹65 Mn in H1FY26), -1%
  • Finance Income: ₹47 Mn (vs ₹45 Mn in H1FY26), +4%
  • Profit from Associates: ₹9 Mn (vs ₹7 Mn in H1FY26), +19%
  • PBT: ₹176 Mn (vs ₹195 Mn in H1FY26)
  • Tax: ₹55 Mn (vs ₹55 Mn in H1FY26)
  • PAT: ₹121 Mn (vs ₹141 Mn in H1FY26)
  • Basic EPS: ₹3.10 (vs ₹3.62 in H1FY26)

Revenue Mix Analysis

Q2 FY27 Revenue Breakdown:

  • Advertisement Revenue: ₹334 Mn (0% YoY change)
  • In-Cinema Advertisement Revenue: ₹334 Mn (+3% YoY)
  • Corporate + Hyperlocal: ₹272 Mn (+3% YoY)
  • Government + PSU: ₹62 Mn (+4% YoY)
  • Caravan Advertisement Revenue: ₹1 Mn (-96% YoY)
  • Revenue from Distributor: ₹340 Mn (-1% YoY)
  • Content Delivery Charge: ₹239 Mn (-3% YoY)
  • VPF Service Revenue: ₹57 Mn (+11% YoY)
  • Digitisation Income: ₹44 Mn (-3% YoY)
  • Others: ₹1 Mn (+374% YoY)
  • Revenue from Exhibitor: ₹620 Mn (+44% YoY)
  • Lease rental income: ₹147 Mn (-3% YoY)
  • Sale of Products: ₹422 Mn (+66% YoY)
  • Other Operating Revenues: ₹52 Mn (+97% YoY)

H1 FY27 Revenue Breakdown:

  • Advertisement Revenue: ₹707 Mn (+15% YoY)
  • In-Cinema Advertisement Revenue: ₹700 Mn (+17% YoY)
  • Corporate + Hyperlocal: ₹557 Mn (+15% YoY)
  • Government + PSU: ₹143 Mn (+29% YoY)
  • Caravan Advertisement Revenue: ₹7 Mn (-63% YoY)
  • Revenue from Distributor: ₹643 Mn (0% YoY)
  • Content Delivery Charge: ₹445 Mn (-3% YoY)
  • VPF Service Revenue: ₹111 Mn (+16% YoY)
  • Digitisation Income: ₹86 Mn (-1% YoY)
  • Others: ₹1 Mn (+441% YoY)
  • Revenue from Exhibitor: ₹1,051 Mn (+15% YoY)
  • Lease rental income: ₹296 Mn (-1% YoY)
  • Sale of Products: ₹650 Mn (+18% YoY)
  • Other Operating Revenues: ₹105 Mn (+56% YoY)

Operating Metrics

Screen Network (as of September 30, 2026):

  • Total UFO Screens: 3,946 screens
  • Multiplex screens: 2,606
  • Single screens: 1,340 (including 393 premium single screens)
  • Geographic Coverage: 1,330 cities and towns across India
  • Annual Seating Capacity: Approximately 1.8 billion viewers

Theatrical Services Metrics:

  • CDC Category Screens (Q2 FY27): 2,927 screens (vs 3,039 in Q2 FY26)
  • VPF Category Screens (Q2 FY27): 531 screens (vs 427 in Q2 FY26)
  • Total Screens: 3,458 screens (vs 3,466 in Q2 FY26)

Revenue per Screen:

  • CDC Category Screens (Q2 FY27): ₹81,823 (vs ₹81,137 in Q2 FY26)
  • VPF Category Screens - Gross (Q2 FY27): ₹1,10,239 (vs ₹1,18,701 in Q2 FY26)
  • VPF Category Screens - Net (Q2 FY27): ₹26,969 (vs ₹33,007 in Q2 FY26)

In-Cinema Advertising Performance:

  • Average minutes sold per show per Ad Screen: 4.55 minutes (same as Q2 FY26)
  • Advertisement Sharing with Exhibitors: 54.07% (vs 54.95% in Q2 FY26)

Expense Analysis

Q2 FY27 Expenses:

  • Total Operating Direct Cost: ₹636 Mn (vs ₹496 Mn in Q2FY26)
  • Advertisement revenue share: ₹180 Mn (vs ₹178 Mn in Q2FY26)
  • VPF service revenue share: ₹43 Mn (vs ₹37 Mn in Q2FY26)
  • Employee Benefit Expenses: ₹248 Mn (vs ₹219 Mn in Q2FY26)
  • Other Expenses (SG&A): ₹202 Mn (vs ₹180 Mn in Q2FY26)
  • Total Expenses: ₹1,086 Mn (vs ₹895 Mn in Q2FY26)

H1 FY27 Expenses:

  • Total Operating Direct Cost: ₹1,166 Mn (vs ₹1,017 Mn in H1FY26)
  • Advertisement revenue share: ₹395 Mn (vs ₹362 Mn in H1FY26)
  • VPF service revenue share: ₹84 Mn (vs ₹70 Mn in H1FY26)
  • Employee Benefit Expenses: ₹470 Mn (vs ₹430 Mn in H1FY26)
  • Other Expenses (SG&A): ₹379 Mn (vs ₹345 Mn in H1FY26)
  • Total Expenses: ₹2,015 Mn (vs ₹1,792 Mn in H1FY26)

Ind AS 116 Impact

The company noted Ind AS 116 impact on P&L:

  • Q2 FY27: Certain operating lease expense of ₹19.16 Mn recognized as depreciation expense (₹19.38 Mn) and finance cost (₹3.33 Mn)
  • H1 FY27: Certain operating lease expense of ₹42.49 Mn recognized as depreciation expense (₹38.67 Mn) and finance cost (₹7.10 Mn)

Shareholding Pattern

As of September 30, 2026:

  • Promoters: 16.5%
  • Institutional Investors: 24.9%
  • Foreign Portfolio Investors: 0.8%
  • Corporate Bodies: 10.3%
  • Others: 47.5%
  • Total Shares: 3,88,24,757

Business Overview

UFO Moviez is India's first cinema digitization company using satellite technology and operates as the largest in-cinema advertising platform. The company provides end-to-end service for all DCI and non-DCI related cinema solutions and has a global network spanning 3,608 screens through subsidiaries and associates.