PVR INOX LIMITED

PVR INOX Limited held its Q1 FY27 earnings conference call on July 24, 2026, where management reported a strong start to the year, with India's total box office collections growing 20% year-on-year. The company welcomed 36.6 million guests during the quarter, an 8% increase, with average ticket prices (ATP) and spend per head (SPH) also rising by 8% and 9%, respectively. Revenues grew 12% year-on-year to INR1,642 crores, and EBITDA nearly doubled to INR230 crores. Management highlighted a net cash position of INR80 crores, providing strategic flexibility for growth. The company plans to open around 100 screens this fiscal year and aims to enhance its out-of-home entertainment offerings. Management expressed confidence in the upcoming film slate, which includes major titles across various languages. The discussion also touched on advertising growth and the company's asset-light model, which supports its expansion strategy without significant leverage.

Management emphasized strong financial performance and growth opportunities.