PVR INOX Strong Q3 FY26 Performance Driven by Box Office Growth

PVR INOX reported strong financial results for Q3 FY26, with revenue reaching ₹19,077 million, a 9.7% increase YoY. EBITDA stood at ₹3,435 million, a significant 18.0% margin, while PAT reached ₹1,149 million. The company saw strong box office performance and YTD revenue, EBITDA, and PAT, reaching highs post-pandemic. The company added screens and aims to keep growing.

Key Financial Performance

PVR INOX showcased a robust financial performance in Q3 FY26:

  • Revenue: Reached ₹19,077 million, reflecting a growth of 9.7% compared to the previous year.
  • EBITDA: Amounted to ₹3,435 million, showcasing an impressive 18.0% margin. This excludes a one-time impact of ₹446 million towards the implementation of New Labour Codes applicable from 21st Nov 2025.
  • PAT: Stood at ₹1,149 million, highlighting a 6.0% margin.

Operating Highlights

The company’s operating metrics also demonstrated strong performance:

  • Admissions: Reached 40.5 million, up 8.6% YoY.
  • Average Ticket Price (ATP): Increased to ₹293, a 4.1% rise.
  • Spend Per Head (SPH): Grew to ₹146, a 4.2% improvement.

Industry Box Office Update

  • CY 2025 recorded the highest ever box office collection.
  • CY 2025 India Box Office is 32% higher than Pre-Pandemic Box Office.
  • There has been a broad based theatrical strength
  • More 100-200 CR Movies powering a more balanced box office

Screen Growth Update

PVR INOX continues to expand its screen presence:

  • Net screen addition for 9M FY’26 was 51 screens.
  • On track to open 90 – 100 new screens in FY’26.

Debt Reduction

  • The company is on target with deleveraging of debt to improve balance sheet.
  • Accelerating Towards Negligible Net Debt Level

Future Outlook

2026 is expected to be bigger than 2025 with exciting Bollywood and Hollywood releases planned.

Source: BSE

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