PVR INOX announced its financial results for the second quarter and first half of Fiscal Year 2027, showcasing robust performance. The company reported a 17% Year-over-Year growth in Revenue for Q2 FY’27, reaching INR 21,327 million. EBITDA saw a substantial increase of 44% YoY to INR 4,752 million, with PAT surging 111% YoY to INR 2,733 million. These figures highlight a strong operational and financial recovery, positioning the company for continued growth.
PVR INOX Reports Record-Breaking Q2 FY’27 Performance
PVR INOX has declared its financial results for the second quarter and the first half of Fiscal Year 2027, presenting a picture of significant growth and recovery. The company achieved its biggest quarter of all time in Q2 FY’27, driven by strong box office performance and operational efficiencies. This period marks a substantial improvement over the previous year, reflecting the company’s resilience and strategic initiatives.
Key Financial Highlights – Q2 FY’27
Revenue Surge
Revenue for the second quarter of FY’27 reached INR 21,327 million, a commendable 17% increase compared to the same period last year. This growth is a testament to the strong content slate and increased footfalls.
EBITDA Growth
EBITDA saw an impressive jump of 44% Year-over-Year, settling at INR 4,752 million. The EBITDA margin stood strong at 22.3%, indicating effective cost management and operational leverage.
PAT Soars
Profit After Tax (PAT) experienced a significant uplift, growing by 111% Year-over-Year to INR 2,733 million. The PAT margin was recorded at 12.8%.
First Half FY’27 Performance
The first half of FY’27 also demonstrated robust performance, with the company reporting its biggest half-year of all time.
H1 FY’27 Revenue
Total income for the first half amounted to INR 37,750 million, a 15% increase from H1 FY’26.
H1 FY’27 EBITDA
EBITDA for H1 FY’27 grew by 56% Year-over-Year to INR 7,048 million, with a margin of 18.7%.
H1 FY’27 PAT
PAT for the first half surged by 233% Year-over-Year to INR 3,438 million, achieving a margin of 9.1%.
Key Operating Metrics
The company also highlighted key operating metrics for Q2 FY’27 and H1 FY’27. Admits & Occupancy Percentage saw an increase to 30.4% in Q2 FY’27, up from 28.7% in Q2 FY’26. Average Ticket Price (ATP) increased by 14% to INR 298 in Q2 FY’27. Similarly, for H1 FY’27, Admits & Occupancy rose to 27.9%, and ATP saw an 11% increase to INR 287. Screen per House (SPH) also improved to INR 153 in Q2 FY’27 and INR 156 in H1 FY’27.
Industry Growth and Content Slate
The industry box office witnessed a significant 22% growth in H1 FY’27, driven by a wider content slate. PVR INOX is strategically positioned to capitalize on this trend with a robust content lineup for the upcoming quarters, featuring a diverse mix of Hollywood, Hindi, and regional films.
Financial Outlook and Capital Allocation
PVR INOX continues to focus on investing for growth, maintaining balance sheet strength with a target Net Debt / LTM EBITDA within 0.5x, and distributing surplus cash. The company is on track to open 90-100 new screens in FY’27, further expanding its network.
Source: BSE
