UFO Moviez India Ltd

AGM Details

• AGM held on 19 August 2026 at 03:00 PM IST via VC/OAVM.
• Last date of postal ballot receipt: 19 August 2026.
• Record date: 12 August 2026.
• Total shareholders on record: 43,933.

Key Resolutions

• Ordinary: adopt standalone and consolidated financial statements and reports.
• Ordinary: re-appoint Gautam Trivedi as Director (retired by rotation).
• Ordinary: re-appoint Anand Trivedi as Director (retired by rotation).
• Special: re-appoint Sanjay Gaikwad as Managing Director.

Voting Results

• All four resolutions passed; high assent percentages.
• Res 1 assent 99.996%, dissent 0.0036%.
• Res 2 assent 99.992%, dissent 0.0077%.
• Res 3 assent 99.992%, dissent 0.0077%.
• Res 4 assent 99.9946%, dissent 0.0054%.

Dividend

• No dividend proposed or declared.

Directors & MD

• Re-appointments: Gautam Trivedi and Anand Trivedi as Directors.
• MD re-appointment: Sanjay Gaikwad as Managing Director (Special Resolution).

Auditors

• Auditors' reports approved; no appointment changes disclosed.

Related Party Transactions / Other

• No material related party transactions disclosed.

AGM details

• Date and time: 19 August 2026, 3:00 PM IST; mode: VC/OAVM.
• Meeting chaired by Chairman & Independent Director; 86 members present.
• No proxy facility; voting via e-voting; Scrutinizer appointed.
• Meeting concluded at 3:57 PM IST.

Key resolutions

• Adoption of audited standalone and consolidated financial statements for 2026; ordinary.
• Appointment of Gautam Trivedi as Director (retiring by rotation); ordinary.
• Appointment of Anand Trivedi as Director (retiring by rotation); ordinary.
• Re-appointment of Sanjay Gaikwad as Managing Director for three years; special.

Voting status

• Voting results pending; to be intimated to stock exchanges within two working days.
• E-voting facility remained open 15 minutes post AGM for remaining votes.

Business Overview

• End-to-end cinema solutions provider: digitization, delivery, equipment, and in-cinema advertising.
• Core revenue streams: digitization fees, content delivery, VPF service revenue, equipment rentals.
• As of June 30, 2026, 3,891 screens across 1,300 cities; 1.7 billion annual viewers.
• Long-term theater ad inventory rights with revenue sharing to exhibitors.
• Caravan Talkies expands reach to rural India.
• Global network includes 3,540 screens across subsidiaries.

Operational Highlights

• Q1 FY27 revenue rose 3% YoY to INR 1,118 mn.
• EBITDA declined 2% YoY to INR 189 mn.
• PAT fell 14% YoY to INR 56 mn.
• Avg ad revenue per screen: INR 92,322.
• Total screens: 3,891; Multiplex 2,565; Single 1,326.

Financial Performance

• Total revenue INR 1,118 mn; Other income INR 11 mn.
• EBITDA INR 189 mn; margin ~17%.
• PBT INR 80 mn; Tax INR 23 mn; PAT INR 56 mn.
• Basic EPS INR 1.45.
• Ind AS 116 impact: lease expense split into depreciation and finance cost.
• Total operating direct costs INR 530 mn; ad revenue share INR 215 mn; VPF share INR 41 mn.

Governance & Leadership

• Shareholding mix (as of 30 Jun 2026): Promoters 17.0%, Institutional 25.0%, FPIs 0.8%, Corporate 9.9%, Others 47.3%.
• Total outstanding shares: 38,824,757.
• No governance changes disclosed.

Strategic Priorities & Outlook

• Long-term theater advertising rights with exhibitors; revenue sharing.
• Caravan Talkies enables outreach to rural India.

KYC update for physical shareholders

• Intimation to physical shareholders to update PAN, KYC, and nomination as per SEBI circular.
• RTA for updates: KFin Technologies Limited.
• Details include PAN linked with Aadhaar; address, email, mobile, bank details, signature.
• Nomination details via SH-13; opt-out via ISR-3.
• Submission methods: in-person IPV, post, or electronic mode with e-sign.
• Forms ISR-1, ISR-2, SH-13, and ISR-3 to be used.
• Intimation will be available on the Company website.
• Dividend payments for updated folios to be through electronic mode.
• RTA address provided for postal submission: KFin Technologies Limited, Hyderabad.
• Clarifications may be sought from the Company or RTA.

Period ended June 30, 2026

• RTA confirmed that details of dematerialisation/rematerialisation were furnished to all stock exchanges.

Rating Action

• ICRA reaffirmed long-term rating [ICRA]A (Positive) and short-term [ICRA]A2+.
• Outlook revised to Positive from Stable.

Rationale

• Improved operational performance with low leverage supports ratings.
• Debt coverage metrics are adequate; financial profile is comfortable.

Instrument Details

• Term Loans Rs 93.70 crore rated [ICRA]A (Positive).
• Cash Credit Rs 10.00 crore rated [ICRA]A (Positive).
• Unallocated Rs 21.30 crore rated [ICRA]A (Positive)/[ICRA]A2+.
• Total rated limits Rs 125.00 crore.

Surveillance

• Ratings due for surveillance within one year from rating communication date.