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PVR Inox looks to dial up F&amp;B revenue share with more partnerships

The company's revenue from F&amp;B sales grew 21 percent in FY24, higher than the sales from movie tickets, which registered a 19 percent growth in the last financial year.

Big picture: Screen count stagnates in booming film market with low inventories, high closures

India has around 5,500 single screens and 4,000 multiplex screens. However, it is estimated that the country doesn't have more than 6,500-7,500 serviceable screens.

South India driving screen expansion, small towns next growth engine: PVR Inox's Sanjeev Bijli

In PVR Inox's screen portfolio, South India leads with 33 percent share followed by North India at 26 percent. The company expects South to continue to lead in terms of screen share in FY25.

Movies at Rs 99: Theatres turn to discount on tickets to drive occupancy amid fewer footfalls

Multiplexes and single screens have come together to offer movies at Rs 99 on May 31 which will be celebrated as the Cinema Lovers Day.

Buy PVR Inox; target of Rs 2000: ICICI Securities

ICICI Securities is bullish on PVR Inox has recommended buy rating on the stock with a target price of Rs 2000 in its research report dated May 15, 2024.

Buy PVR INOX; target of Rs 1650: Emkay

Emkay is bullish on PVR INOX has recommended buy rating on the stock with a target price of Rs 1650 in its research report dated May 14, 2024.

Buy PVR Inox; target of Rs 1625: Anand Rathi

Anand Rathi is bullish on PVR Inox has recommended buy rating on the stock with a target price of Rs 1625 in its research report dated May 15, 2024.

PVR Inox lowers FY25 capex by 25%, plans to shut down 70 non-performing screens

In FY24, PVR Inox opened 130 screens and shut down 85 with net additions of 45 screens. The exhibitor will shut down around 70 screens with net additions of 50-60 in FY25

PVR Inox to expand F&amp;B pie, plans to open 5-6 food courts with Devyani International

The multiplex operator is looking to pivot from being only an exhibition company to being an F&amp;B player as well, said PVR Inox's Managing Director Ajay Bijli.

PVR Inox posts Rs 130-cr net loss in Q4 as Bollywood underperforms

In the previous quarter, the company reported a profit of Rs 12 crore. PVR Inox has now identified four key strategic priorities for business which will act as guiding posts for growth strategy from a medium- to long-term perspective.

PVR INOX Ltd. engages in the business of theatrical exhibition and allied activities. It has 689 screens across 115 cities in India and Sri Lanka with 361 properties. The company was founded by Sanjeev Kumar Bijli and Ajay Bijli on April 26, 1995 and is headquartered in Gurugram, India.

Volume	495,918.00
52-Wk High	1,875.45
52-Wk Low	1,204.20

PVRINOX.NSE PVR INOX Ltd.

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