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V R Films & Studios Ltd.

BSE: 542654 Sector: Media
NSE: N.A. ISIN Code: INE06LG01010
BSE 15:12 | 02 Dec 117.00 2.00
(1.74%)
OPEN

117.00

HIGH

117.00

LOW

117.00

NSE 05:30 | 01 Jan V R Films & Studios Ltd
OPEN 117.00
PREVIOUS CLOSE 115.00
VOLUME 1000
52-Week high 165.00
52-Week low 55.20
P/E 9.22
Mkt Cap.(Rs cr) 16
Buy Price 92.25
Buy Qty 1000.00
Sell Price 120.00
Sell Qty 1000.00
OPEN 117.00
CLOSE 115.00
VOLUME 1000
52-Week high 165.00
52-Week low 55.20
P/E 9.22
Mkt Cap.(Rs cr) 16
Buy Price 92.25
Buy Qty 1000.00
Sell Price 120.00
Sell Qty 1000.00

V R Films & Studios Ltd. (VRFILMSSTUD) - Chairman Speech

Company chairman speech

Your company is engaged in the business of providing complete localization services for television film and digital industry which consists of dubbing mixing subtitling content editing and content localization services for movies documentaries audio books games and TV programs in regional and international languages. Your company also acquires foreign language films mainly from Hollywood and Chinese film industry and dubs them in Indian Local language (Hindi Tamil Telugu etc.) and then distributes them theatrically or sub license to sub distributors across all licensed territories in all licensed languages including English.

Your Company works with large number of marque clients which includes Viacom 18 Media Private Limited Bangla Entertainment Pvt. Ltd Discovery Communications India Paramount Pictures Corporation Paramount Pictures International Limited SDI Media Hong Kong Limited Sony Pictures Networks India Private Limited Zee Entertainment Enterprises Limited ATL Media Limited (Mauritius) Genx Entertainment Limited EPIC among others.

Your Company has experience of dubbing various languages National and International such as English Hindi Tamil Telugu Malayalam Punjabi Bengali Oriya Urdu Gujarati Marathi Malaysia Mandarin Thai Russian and many more.

Demand for localized content has grown. Today Dubbing and subtitling is a flourishing business in India with Hollywood films animation films and regional content at the heart of it. The dubbing industry in India is valued anywhere between Rs 100-120 crore.

Dubbing companies acquire customers organically. The major chunk of the business emerges from the television industry. But going forward OTT platform could be the biggest source of business. Around 60% of the business is generated from the television industry 30% from movies and the remaining 10% from OTT. In the future OTT is likely to contribute 60% of the dubbing business.

According to the FICCI-EY media and entertainment industry report 2019 net box office collections of Hollywood films (including all dubbed versions) in India in 2018 was Rs 921 crores. About 7 to 8 years ago the contribution from dubbed markets for Hollywood films was 20-25 % now they bring in a minimum of 40%. With increased multiplex penetration Hollywood films especially dubbed versions are garnering audiences in tier two cities as well. India as a market has been moving up the charts on the global box office collection list and is a contender for the top contributor in the Asia- Pacific region (apart from China) in case of many films. Out of Rs 285 crore spent on marketing movies on TV in 2018 English films contributed 18%.

Your Company believes in maintaining a long term relationship with its customers. Your company aims to achieve this objective by adding value to its customers through the use of latest and updated technology quality assurances and timely delivery of results The strategy is to acquire films for the Indian Sub-Continent comprising of India Bangladesh Pakistan Sri Lanka Maldives Nepal and Bhutan and plan releases for each film on platforms like Theatrical Satellite TV VOD and Digital space including web series in this whole region.

Your Company is successful in building a strong client base for the business. This relationship has helped it in acquiring repeated business from its clients. Thus the focus is on maintaining strong relationship with existing clients who will help the company in gaining competitive advantage in acquiring new clients and increasing business.

MANISH DUTT

MANAGING DIRECTOR

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