BSECompany Update17h ago · 23 Jul 2026, 01:01 pm
PVR INOX Limited has submitted to the exchange a Press Release titled "PVR INOX announces results for the Quarter ended 30th Jun'26"
PVR Inox Ltd · 532689
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PVR INOX Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with revenue of INR 16,423 mn (up 12% YoY), EBITDA of INR 2,296 mn (up 90% YoY) and PAT of INR 705 mn (against a loss of INR 335 mn in Q1 FY'26).
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Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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PVR Inox Ltd - 532689 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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July 23, 2026
The Manager – Listing
National Stock Exchange of India Limited
(Scrip Symbol: PVRINOX)
The Manager – Listing
BSE Limited
(Scrip Code: 532689)
Sub: Press Release
Dear Sir / Madam,
Please find attached the Press Release titled “PVR INOX announces results for the Quarter
ended 30th Jun’26”.
This is for your information and to all concerned.
Yours sincerely,
For PVR INOX Limited
Murlee Manohar Jain
SVP - Company Secretary
& Compliance Officer
Encl: A/a.
PVR INOX announces results for the Quarter ended 30th Jun’26
Highlights for the Quarter ended June 30th, 2026
• Revenue of INR 16,423 mn* (up 12% YoY), EBITDA of INR 2,296 mn* (up 90% YoY) and PAT of INR 705
mn*(against a loss of INR 335 mn in Q1 FY’26)
• Patrons visiting our cinemas: 36.6 mn, YoY growth of 8%
• Average Ticket Price (ATP) of INR 273, YoY growth of 8%
• Average F&B Spend per Head (SPH) of INR 161, YoY growth of 9%
• Achieved a Net Cash positive position, with Net Cash of INR 807 mn as on 30th June 2026
• As on 30th June 2026, PVR INOX operates 1,779 screens across 113 cities in India and Sri Lanka
* Numbers are excluding the impact of Ind AS 116 - ‘Leases’.
Summary of Results
Reported - adjusted for Ind AS
Particulars (in INR mn) Reported - as per Ind AS
Q1 FY’27 Q1 FY’26 Q1 FY’27 Q1 FY’26(1)
Total Revenues 16,483 14,817 16,423 14,682
EBITDA 5,546 4,358 2,296 1,211
PAT 565 -545 705 -335
(1) Q1 FY’26 figures are restated after excluding the financials of Zea Maize Pvt. Ltd. (4700BC), divested
on 29th January 2026. Q1 FY’26 PAT includes a loss of INR 71 mn from discontinued operations.
Gurugram, July 23, 2026: PVR INOX Limited today announced its unaudited standalone and consolidated
financial results for the quarter ended June 30, 2026.
Q1 FY’27 marked a strong start to the year. India's total box office collections grew 20% year on year this
quarter, with growth broad-based — across metros as well as Tier II and Tier III markets, across a wider
set of successful mid-scale films, and across languages. We believe this is a healthier and more sustainable
way for the industry to grow. The strength we are seeing in India is also visible globally — North American
box office is running 14% ahead of last year at $4.8 billion for the first half of 2026, its second-best first-
half performance since 2019 — reaffirming that theatrical-first remains the release model of choice for
filmmakers everywhere.
The quarter saw strong performances across languages. Hindi cinema held its ground with titles like Bhoot
Bangla, Cocktail 2 and Main Wapas Aunga, while it was regional and Hollywood content that drove the
outperformance. Hollywood found success from non-franchise titles such as Project Hail Mary, Michael
and Obsession. Regional cinema delivered multi-fold growth on the back of strong local content such as
Raja Shivaji in Marathi, Drishyam 3 in Malayalam and Karuppu in Tamil, amongst others.
During the quarter, the Company recorded 36.6 mn admissions (YoY growth of 8%) with an ATP of INR
273 (YoY growth of 8%) and SPH of INR 161 (YoY growth of 9%). This led to a 16% increase in ticket sales
and a 17% rise in Food & Beverage sales compared to the same period last year. EBITDA rose 90% to INR
2,296 mn, with margins expanding from 8.2% to 14.0% driven by strong operating leverage. PAT for the
quarter stood at INR 705 mn against a loss of INR 335 mn in Q1 FY’26.
Sustained free cash flow generation and disciplined capital allocation have transformed the balance sheet.
From a net debt of INR 14,304 mn at the time of the merger, the Company turned Net Cash positive during
the quarter, with net cash of INR 807 mn as of June 30, 2026. This gives the Company complete strategic
flexibility to pursue its capital-light growth agenda funded through internal accruals. The Company
remains on track to open 90–100 new screens during FY’27, weighted towards asset-light formats.
Looking ahead, the content pipeline for the remainder of FY’27 remains highly encouraging, with a strong
mix of franchise films, star-led tentpoles and content-driven titles across languages. On the Hindi front,
the slate includes anticipated titles such as Ramayana Part 1, King, Love and War, Drishyam 3, Awarapan
2, Mirzapur – The Movie and Haiwaan. Regional cinema continues to present a compelling theatrical slate,
led by marquee titles such as Jana Nayagan, Toxic, Jailer 2, Khalifa and Sardar 2. Hollywood is expected
to provide further momentum, with major releases such as Spider-Man: Brand New Day, Avengers:
Doomsday, Dune: Part Three, The Hunger Games: Sunrise on the Reaping and Jumanji: Open World, many
of them releasing in premium large-screen formats. The depth, diversity and scale of this pipeline give the
Company strong confidence in the theatrical outlook for the rest of FY’27.
Commenting on the results and performance, Mr. Ajay Bijli, Managing Director, PVR INOX Ltd., said, “Q1
FY’27 reflects the structural strength we have built over the last three years. The industry delivered broad-
based growth, our operating metrics improved across the board, and the Company is now Net Cash
positive. With a diverse content slate ahead and a capital-light expansion model, our focus remains on
delighting consumers, driving footfalls and creating enduring value for our shareholders.”