BSEOthers5d ago · 31 Aug 2026, 05:22 pm
Submission of the Annual Report pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Cineline India Ltd · 532807
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Cineline India Ltd has submitted its annual report for the financial year 2025-2026, along with the notice of its 24th annual general meeting, as per SEBI regulations.
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Cineline India Ltd - 532807 - Reg. 34 (1) Annual Report.
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August 31, 2026
To, To,
BSE Limited, National Stock Exchange of India Limited
Department of Corporate Services, Listing Department,
Phiroze Jeejeebhoy Towers, Exchange Plaza, C- 1, Block G, Bandra Kurla
Dalal Street, Mumbai – 400001 Complex, Bandra (East), Mumbai– 400051
Scrip Code: 532807 Scrip Code: CINELINE
Dear Sir/Madam,
Subject: Annual Report of the Company for the Financial Year 2025-2026.
Pursuant to Regulation 34(1) and Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find attached the Annual Report of the Company for
the Financial Year 2025-2026 along with the Notice of 24th Annual General Meeting of the
Members of the Company.
The aforesaid documents are also available on the Company’s website www.moviemax.co.in
This is for your information and record.
Yours faithfully
For Cineline India Limited
Mr. Palkeshkumar Jain
Company Secretary & Compliance Officer
Membership No. A71833
Encl. A/a
Cineline India Limited
2nd Floor, A & B wing, Vilco Centre, Subhash Road, Opp Garware, Vile Parle (E), Mumbai- 400057 (India)
Tel: 91-22-67266688, email: investor@cineline.co.in, Corporate Identity Number (CIN): L92142MH2002PLC135964, www.moviemax.co.in
Across
the Pages
2-24 25-68 Scan this QR code to access
investor-related information:
Corporate Overview Statutory Reports
https://www.
About Cineline India 2 Management Discussion and 25 moviemax.co.in/
Limited Analysis contact-us
Or, click on this link:
Scaling through Strategy 4 Director’s Report 34
Crafting Premium 6 Corporate Governance Report 48
Experiences
69-119
Connecting beyond the 8
Screen Financial Statements
Expanding National 12
Footprint
Notice
Chairman’s Message 14
A Journey of Growth 16 Investor Information
Financial Highlights 18 Market Capitalisation (as of 31 March 2026) ` 26,063.05 lakhs
CIN L92142MH2002PLC135964
Board of Directors 22
BSE Code 532807
Corporate Information 24 NSE Symbol CINELINE
AGM Date 23rd September 2026
AGM Venue OAVM
Disclaimer: This document contains statements about expected future events and financials of Cineline India Limited (‘The Company’), which are forward-looking. By their nature, forward-
looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is a significant risk that the assumptions, predictions, and other
forward-looking statements may not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as several factors could cause assumptions,
actual future results, and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its
entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis section of this Annual Report.
Expanding
Horizons.
Elevating
Experiences.
For Cineline, every new Premium seating, personalised
screen is an opportunity to go service, immersive technology and
further. thoughtfully designed spaces are
adding new dimensions to the cinema
Further into new markets.
experience.
Further through new
More reach. More possibilities.
possibilities for growth.
More reasons to experience cinema
And further in reimagining differently.
what audiences experience
That is the spirit behind ‘Expanding
when they walk into a
Horizons, Elevating Experiences.’ -
MovieMAX cinema.
broadening the Company’s canvas
Expanding Horizons reflects the while continually raising the bar for
Company’s ambition to widen the what a MovieMAX experience can be.
canvas of its presence - reaching new
audiences, exploring diverse markets
and embracing flexible models that
create new pathways for growth. It is
about looking beyond the traditional
boundaries of cinema exhibition and
creating a network that is more agile,
scalable and ready for what lies ahead.
The horizon extends beyond where
MovieMAX goes. It also encompasses
what audiences discover once they
arrive.
About Cineline India Limited
The Story
behind Every
Screen
Cineline India Limited (‘Cineline’ or
‘The Company’), through its flagship
brand MovieMAX, is redefining the
cinema experience for audiences
across India. The Company has
established itself as a leading cinema
exhibition player through customer-
centric innovation, capital-efficient
growth, and operational excellence.
These strengths continue to support
its expanding national footprint and
premium entertainment offerings.
Headquartered in Mumbai, Cineline During FY 2025-26, Cineline and revenue-sharing partnerships.
India Limited has grown into a delivered its highest-ever financial Premium offerings such as MovieMAX
national multiplex operator, delivering performance, surpassing the Edition, Max Recliner Club, Infinity
premium yet accessible cinema `200 crore revenue milestone Screen and MAX Café complemented
experiences across India. within three years of the MovieMAX by advanced cinema technologies,
launch. The achievement, coupled continue to enhance the customer
The journey began in 1997 with
with its transition to a debt-free experience.
the launch of its first theatre
balance sheet, has strengthened the
in Mumbai. In 2022, Cineline Backed by a strong operating
Company’s financial flexibility and
introduced the MovieMAX identity platform and a disciplined growth
growth prospects.
under the leadership of the second- strategy, Cineline is well positioned
generation Kanakia family, marking Today, the Company operates to expand its presence and create
a transformative new phase in its across India, supported by a capital- sustainable long-term value for
growth. light expansion strategy through stakeholders.
Operations and Maintenance (O&M)
Annual Report 2025-26 2
Corporate Statutory Financial
Overview Reports Statements
Key Highlights
22 15
Cinemas Cities
21,100+ 85
Seats Screens
68.6 259
Lakhs ₹
Admits Average Ticket Price (ATP)
105 364
Spending per Head (SPH) ATP + SPH
15,092 24,205
₹ Lakhs ₹ Lakhs*
Net Box Office Collections Revenue
6,874 3,565
₹ Lakhs ₹ Lakhs*
Net F&B Collections EBITDA
*Note: The revenue and EBITDA figures cited represent pre-Ind AS
Edge
Curated
Premium auditoriums, recliner formats and
Luxury
Infinity Screens and differentiated F&B
experiences
Next-Generation
2K/4K projection, immersive surround
Technology
sound and superior viewing quality
Strategic Expansion
Expansion across high-potential markets through
an asset-efficient growth model
Customer-First
Premium formats designed to
Experiences
elevate customer engagement
and spend
3 Cineline India Limited
Scaling through Strategy
The Next Act for
Sustainable
Growth
Cineline’s strategy is centred FY 2025-26 marked a defining
chapter in Cineline’s journey, with the
on expanding its presence
Company emerging as a debt-free
through a disciplined, customer-
cinema exhibition company. With
focused approach. By adopting greater financial flexibility, it is now
well-positioned to accelerate network
asset-light operating models
expansion, strengthen its exhibition
and enhancing premium
business, and pursue its capital-light
cinema experiences, the growth plans.
Company continues to build
a scalable business while
delivering sustainable value for
stakeholders.
Strategic
Priorities for
Sustainable
Growth
Annual Report 2025-26 4
Corporate Statutory Financial
Overview Reports Statements
1 2 3
Expanding Broadening Scaling through
through Asset- the National Revenue Sharing
Light Models Footprint
The Company is progressively
adopting revenue-sharing
Cineline is expanding its network With a secured pipeline of 20-25
partnerships for new multiplex
through a capital-light model that new screens, the Company aims to
developments, reducing dependence
balances growth with financial expand its network from 85 screens
on conventional fixed lease
discipline. Joint investments with to approximately 105-110 screens
structures. Combined with compact
developers and Operations and by FY 2026-27. The ex
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