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Elvira LemzoviChief Executive Officer · Essays & perspective

Elvira Lemzovi · Chief Executive Officer · India

Following the commitment from the shelf to the enterprise

Chief Executive Officer and Executive Director

Dazmethi Cinema Services

Sector
Cinema projection integration, equipment supply and technical service
Ownership
Founders 56%, employee vehicle 18%, regional fund 26%; no personal or vehicle holding
Company scale
₹64 crore company revenue for FY ending March 2026
Employees
218 company employees
Geography
Nashik headquarters and regional Indian cinema relationships
Reporting to
Separately chaired board through Prakash Qezmari
Team
Six executive reports across 218 employees
Financial scope
₹52 crore FY 2026–27 operating envelope; separate ₹8 crore capital programme

Mandate

Lead a service enterprise whose equipment, support and inventory commitments have an explicit commercial basis

Outcomes

  • Separated equipment and service economics in the reviewed renewal account
  • Funded defined transition preparation for older installed systems
  • Declined an unsupported threshold purchase despite a larger rebate
  • Kept a proposed ticketing venture outside the enterprise after exploration

Decisions in context

I became CEO and an executive director in July 2020, taking enterprise responsibility during a difficult period for cinema customers. Six executives now report to me across 218 employees, with ₹64 crore FY 26 revenue and a ₹52 crore FY 2026–27 operating envelope plus separate ₹8 crore capital programme. Prakash chairs the board; Sahana leads operations. Qualified technical and safety decisions remain with their owners. My later reviews challenged the commercial account behind bundles, older-system support, supplier stock and a proposed ticketing venture. I hold one statutory seat and no personal or employee-vehicle shares. The role requires me to recommend what the company should undertake and make the continuing obligations visible after the initial sale. A possible outside role would require consent, preparation and the discipline to contribute through oversight rather than import my executive authority into another enterprise.

Reason for the move

Current executive mandate; preparing to assess one possible external board contribution

Concurrent appointment

CEO and one executive director at the same employer from July 2020; this is one executive appointment with a statutory board seat

Chief Operating Officer

Dazmethi Cinema Services

Sector
Regional cinema equipment and technical services
Ownership
Privately held regional enterprise
Company scale
₹43 crore company revenue for FY ending March 2015
Employees
164 company employees
Geography
Regional Indian installation and service territories
Reporting to
Chief Executive Officer
Team
124 operating colleagues through five heads
Financial scope
₹34 crore annual operating expense

Mandate

Connect installation commitments with continuing technical-service capacity and inventory requirements

Outcomes

  • Brought continuing service obligations into the operating plan
  • Distinguished supported inventory needs from prospective demand
  • Retained qualified technical authority within commercial delivery discussions

Decisions in context

The January 2014 appointment widened my responsibility across service territories and equipment families. Dazmethi employed 164 people and reported ₹43 crore revenue for FY ending March 2015. I led 124 operating colleagues through five heads within ₹34 crore annual operating expense. The work made the relationship between installation activity and continuing support more visible. A service commitment could outlast the commercial assumptions that made the original sale attractive. I worked with finance, commercial and qualified technical colleagues to put those obligations into the same planning conversation. I did not approve technical methods or treat a delivery date as authority to bypass their conditions. The move to CEO later brought ownership, capital and enterprise scope into my remit. It also made me accountable for the combined commercial presentation I initially accepted too readily, despite the operational lessons this role had already supplied.

Reason for the move

Appointed CEO and executive director

Regional General Manager

Dazmethi Cinema Services

Sector
Cinema equipment supply, integration and service
Ownership
Private regional company
Company scale
₹28 crore company revenue for FY ending March 2009; regional ₹18 crore is included
Employees
110 company employees
Geography
Regional Indian cinema customers
Reporting to
Chief Operating Officer
Team
58 regional colleagues through four heads
Financial scope
₹12.6 crore regional operating responsibility; ₹18 crore regional revenue within company total

Mandate

Bring equipment, installation coordination and continuing customer service into one regional business account

Outcomes

  • Connected service resources with the commitments made during equipment sales
  • Kept regional revenue separate from the wider company total
  • Established escalation of commercial questions needing technical review

Decisions in context

I joined Dazmethi in April 2008 to lead a regional business rather than a commercial function alone. The company had 110 employees and ₹28 crore revenue for FY ending March 2009. My region accounted for ₹18 crore within that total, with fifty-eight colleagues through four heads and ₹12.6 crore operating responsibility. Equipment, installation coordination and ongoing support now met in one account. The role taught me to follow the promise beyond the transaction and to recognise that a customer's commercial urgency did not settle the conditions of technical work. I worked through the responsible heads, using their expertise instead of presenting myself as an engineer. Company-wide operations was the next step because similar questions crossed regional boundaries. I wanted a more consistent account of obligations without assuming that every cinema, installation and service territory could use an identical operating arrangement.

Reason for the move

Promoted to company-wide operations leadership

Service Commercial Manager

Veqzoli Projection Supplies

Sector
Projection-equipment supply and service commercial administration
Ownership
Privately owned regional distributor
Company scale
₹16 crore company revenue for FY ending March 2002
Employees
88 company employees
Geography
Regional Indian exhibition customers
Reporting to
Commercial Director
Team
12 colleagues through two leads
Financial scope
₹72 lakh annual function expense; purchase and technical approvals held separately

Mandate

Prepare understandable service offers and coordinate their authorised commercial treatment

Outcomes

  • Connected service wording with the scope qualified teams could support
  • Distinguished customer enquiries from confirmed commitments
  • Escalated conditions that broad commercial descriptions left unresolved

Decisions in context

From September 2001 I managed twelve colleagues through two leads within ₹72 lakh annual function expense. Veqzoli had eighty-eight employees and ₹16 crore revenue for FY ending March 2002. My team worked on service offers and commercial administration, while technical and purchase decisions remained separately authorised. I learned how a short reassuring phrase could create a long disagreement if the customer and service team attached different meanings to it. We had to explain the actual scope without turning every proposal into an account of our internal processes. The role also taught me to keep enquiries, proposed work and confirmed commitments distinct. Regional management at Dazmethi later offered a wider responsibility for the consequences of those promises. I wanted to understand the full business account rather than stop at the point where a commercially prepared offer moved into operating delivery.

Reason for the move

Moved to a regional general-management mandate at Dazmethi

Inventory Assistant

Veqzoli Projection Supplies

Sector
Projection-equipment distribution and inventory administration
Ownership
Private regional supply business
Company scale
₹7.6 crore company revenue for FY ending March 1996
Employees
45 company employees
Geography
Regional Indian cinema-equipment trade
Reporting to
Inventory Supervisor
Team
Contributor in a five-person inventory group; no direct reports
Financial scope
No delegated purchase or spending authority

Mandate

Maintain accurate records of ordered, received and committed equipment under supervision

Outcomes

  • Reconciled inventory records with authorised purchase and dispatch documents
  • Learned that stock quantity did not establish technical compatibility
  • Observed how uncertain demand became a physical inventory commitment

Decisions in context

I joined Veqzoli in July 1995 after completing commerce in June. The company employed forty-five people and recorded ₹7.6 crore revenue for FY ending March 1996. I worked in a five-person inventory group without reports or purchase authority. My supervisors and qualified technical colleagues made the decisions about equipment; I helped maintain the commercial record of what had been ordered, received and committed. The work taught me that a full shelf and a supported customer requirement were different things. A familiar category name did not establish that an item could serve a particular installation. I also saw how a purchasing decision continued to occupy space and money after the conversation that approved it had ended. Service commercial management later brought the customer promise into my remit, connecting those early inventory lessons with the obligations attached to an offer.

Reason for the move

Promoted into service commercial management

What I am looking for next

I would consider one external board role where equipment, service and commercial commitments need to be examined together. The contribution would be enterprise judgement about what the company undertakes, not technical approval of another organisation's installations. My current executive directorship at Dazmethi remains, and any outside commitment would require the board's and employer's consent. I have not yet registered with the IICA databank and claim neither an assessment result nor an exemption. Eighteen days is an initial allowance to test against induction, preparation, meetings, travel and unexpected demands. I would need to understand the prospective company's economics and responsibilities before applying lessons from cinema services. Supplier, exhibitor, investor and service relationships would need review, including where repeated exclusions would make a useful contribution difficult. I am looking for a board that welcomes an honest account of commitments and unfinished outcomes, and where my experience adds something specific alongside strong financial, operating and technical perspectives.