PVR INOX has announced record-breaking financial results for FY’26, achieving its highest-ever annual revenue of INR 67,426 million. The company has successfully reached a negligible net debt level and transitioned to a capital-light growth model. With 150 million annual admissions and a robust content pipeline for the upcoming year, PVR INOX remains well-positioned for sustainable growth as the Indian cinema industry hits an all-time box office high.
Record-Breaking Financial Year
PVR INOX delivered a transformative performance in FY’26, reaching several financial milestones. The company recorded its highest-ever annual revenue of INR 67,426 million, with EBITDA reaching INR 9,680 million and PAT at INR 3,868 million. This growth was driven by 150 million patrons visiting cinemas throughout the year, reflecting a 10% year-on-year increase in admissions.
Strategic Growth and Debt Reduction
A core pillar of the company’s success this year has been its disciplined capital-light expansion strategy. During the year, PVR INOX added 93 new screens, with 55% of these additions following capital-light formats. Simultaneously, the company achieved a significant balance sheet turnaround, reducing net debt to INR 1,619 million—a 90% reduction since the merger.
Operational Highlights
The company also successfully completed the divestment of Zea Maize (4700BC) to Marico Limited for INR 2,268 million, sharpening its focus on the core cinema exhibition business. As of March 31, 2026, the company operates 359 cinemas with 1,798 screens across 113 cities. Management highlighted a strong pipeline for FY’27, featuring a mix of major Bollywood, regional, and Hollywood titles, ensuring continued momentum in theatrical footfalls.
Source: BSE
