BODHI TREE MULTIMEDIA LIMITED — Capital/Financing Update 2020

Oct 27, 2020

Investor Release

BODHITREE MULTIMEDIA PROJECT OUTLOOK . ORDER BOOK WORTH RS. 60 CRORE.

Mumbai, October 27[th] 2020: BODHI MULTIMEDIA LIMITED (“BTML”), has bagged the projects worth Rs. 60 crore and above (excluding GST) from various clients, which includes several shows that are at various stages of development, under production and on air with marquee clients in this space such as Zee TV, Netflix, Viacom18 among others. The value of the order book is in excess of 60 crore of business to be serviced in the coming year.

For Financial Year Ended 31[st] March, 2020 the company reported revenues of Rs. 27.45 crore with a net profit of Rs. 3.66 crore and on a post issue capital of Rs. 1.25 crore which translates into earnings per share of Rs. 29.28.

On the receipt of the orders, Mr. Mautik Tolia, Managing Director said, “We are delighted with our new work order wins, especially as it comes at a time when the entire entertainment industry are passing through very challenging times.

We are gradually scaling up our execution, post the graded lifting of lockdown, though shortage of labour remains a key constraint as of now. We expect the work to normalize in second half of this fiscal year. We are also aggressively bidding for new projects, to build a robust order book, so that we can make up for the revenue lost during the lockdown, in the coming quarters.

Most of our clients have provided the necessary extension in timelines for the completion of projects. The company is also in negotiation with clients for considering the escalation in project costs and making submissions for claiming the necessary compensation thereof. Also, major part of our order book constitutes of different stages of development, under production and on air with marquee clients in this space such Zee TV, Netflix, Viacom18 among others.

Despite the pandemic, the business opportunities have remained promising and we expect the momentum of order inflow. It is our continuous endeavour to add orders from existing and new clients, and we are confident on further consolidating our order book.

ABOUT BODHI MULTIMEDIA LIMITED

Bodhi Multimedia Limited is a leading and established player in creating content for television channels and web platforms. It operates in the entertainment industry which has the potential to grow exponentially in the years ahead and the company is all geared to capitalize on this exponential growth potential. The company having firmly established itself in TV production

arena has now entered the booming digital space with web shows. As an established player the company is leveraging its brand in the market for entertainment content.

For more information please visit : http://www.bodhitreemultimedia.com/

SAFE HARBOR STATEMENT

Safe Harbor Statement in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.