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Earnings Call Transcript

PVR INOX Earnings Call Transcript: Key Takeaways

PVR INOX reports strong Q1 FY27 growth with Revenue up 12% to INR 16,423 Mn and EBITDA jumping 90% YoY. Achieved a major milestone by turning Net Cash Positive.

Highlights
Revenue growth12% YoY growth driven by ticket sales (+15.9%) and F&B (+16.7%).
MarginsEBITDA Margin expanded significantly from 8.2% to 14.0% YoY.
Demand visibilityStrong content lineup across Hindi, Hollywood, and Regional languages through 2026.
Management confidenceHigh; highlighting net cash positive milestone and screen expansion targets.

Growth

PAT turned positive to INR 705 Mn from a loss of INR 335 Mn YoY. Admits grew 8% to 36.6 Mn.

Outlook

On track to open 90-100 new screens in FY27, focusing on an asset-light, higher-margin distribution model.

Risks

Personnel costs rose 8.8% due to minimum wage revisions; movie distribution income saw a sharp drop of 36.5%.

Last quarter's promises, checked

Delivered

  • Guided 90-100 screen openings → On track for 90-100 gross screens (= BEAT)
  • Guided Net Cash Positive balance sheet → Achieved INR 807 Mn Net Cash position (= BEAT)
  • Guided margin expansion via cost discipline → EBITDA margin rose 8.2% to 14.0% (= BEAT)

Partly delivered

  • Guided INR 4,000 Mn FY27 Capex → Revised downward to INR 3,500 Mn (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: PVRINOX. Summary written with AI assistance from the document.

Read the document ↗

PVR INOX Ltd: key numbers

Share price
₹1,254.60
Market cap
₹12,320 Cr
Revenue (annual)
₹6,646 Cr
Net profit (annual)
₹334.1 Cr
P/E (TTM)
27.7×Sector 27.7×
Promoter holding
27.53%+0.00% QoQ
FII holding
18.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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