PVR Inox Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Sale of Movie Tickets: 54.9% • Food & Beverages: 32.4% • Advertisement Income: 7.2%
AI Sector View
AI GENERATEDMedia Entertainment & Publication
This sector uses indirect proxies rather than direct ad-spend data. Urban CMIE sentiment at 109.5 (2026-07), disposable personal income of INR 353131560 million (Dec/25), and consumer spending of INR 44743 billion (Jun/26) are supportive, but formal consumer confidence weakened to 88.3 (Jul/26). FPI flow is mildly negative at INR -558 crore over 3 months to 2026-08-31, so the stance remains neutral and confidence is capped.
PROS
- Latest quarter profit grew 200.8% YoY, showing strong momentum
- Company has delivered good sales growth of 95.2% CAGR over last 5 years
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -136.37x)
- A large part of profit comes from other income (56.8% of PBT)
- Company has a low return on equity of -0.2% over last 3 years
- Company has a low return on capital employed of 8.6%
- Interest coverage is weak at 1.5x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| PVRINOX | 1171.35 | 25.87 | 11502.65 | 0.00 | 56.50 | 203.67 | 1622.20 | 10.42 | 11.51 | 32.59 |
| SAREGAMA | 500.70 | 43.59 | 9653.97 | 0.90 | 51.88 | 42.10 | 263.60 | 27.48 | 18.53 | 35.40 |
| TIPSMUSIC | 650.20 | 38.73 | 8311.61 | 2.00 | 43.70 | -4.67 | 106.51 | 20.94 | 124.42 | 50.27 |
| SUNSHINE | 480.25 | 43.40 | 1495.92 | 0.00 | — | — | — | — | 41.33 | — |
| PANORAMA | 47.61 | 51.37 | 1240.41 | 0.00 | 127.15 | 3529.75 | 1830.70 | 1242.65 | 28.17 | 10.94 |
| BALAJITELE | 92.39 | 0.00 | 1126.26 | 0.00 | 22.39 | 476.59 | 240.29 | 229.94 | -1.16 | 10.71 |
| AQYLON | 22.56 | 48.31 | 572.42 | 0.00 | -1.85 | -3535.19 | 0.04 | -96.33 | -45.28 | -1750.00 |
| CINELINE | 94.16 | 29.02 | 358.87 | 1.33 | -12.47 | -91.95 | 55.01 | 48.56 | -3.12 | -78.71 |
| UFO | 63.12 | 10.20 | 245.06 | 0.00 | 5.64 | -13.50 | 110.69 | 3.81 | 12.77 | 16.36 |
| TIPSFILMS | 326.25 | 0.00 | 141.03 | 0.00 | -29.41 | -720.49 | 47.96 | -49.71 | -6.69 | -61.48 |
| BAGFILMS | 4.57 | 21.21 | 99.59 | 0.00 | 3.57 | 58.90 | 38.59 | 22.62 | 5.57 | 18.58 |
| CINEVISTA | 14.15 | 13.31 | 81.27 | 0.00 | 1.00 | 0.70 | 7.49 | 61.77 | 14.45 | 31.09 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,267 | 1,935 | 1,497 | 1,198 | 1,137 | 1,533 | 1,596 | 1,177 | 1,373 | 1,758 | 1,774 | 1,487 | 1,582 | |
| 916 | 1,233 | 1,029 | 926 | 887 | 1,058 | 1,073 | 893 | 977 | 1,152 | 1,157 | 1,042 | 1,536 | |
| Operating Profit | 351 | 702 | 468 | 273 | 250 | 475 | 523 | 284 | 396 | 606 | 616 | 445 | 47 |
| OPM % | 27.72% | 36.29% | 31.23% | 22.75% | 22.03% | 30.96% | 32.77% | 24.12% | 28.83% | 34.45% | 34.75% | 29.93% | 2.95% |
| 24 | 24 | 59 | 45 | 28 | 40 | 39 | 57 | 31 | 34 | -6 | 198 | 22 | |
| Interest | 194 | 199 | 196 | 199 | 203 | 206 | 202 | 195 | 190 | 188 | 180 | 172 | 164 |
| Depreciation | 288 | 305 | 314 | 299 | 311 | 326 | 316 | 312 | 305 | 313 | 313 | 326 | 311 |
| Profit before Tax | -107 | 222 | 17 | -180 | -235 | -16 | 43 | -166 | -68 | 139 | 117 | 145 | 69 |
| Tax % | 24.93% | 25.24% | 26.32% | 25.71% | 25.15% | 24.39% | 20.14% | 26.25% | 25.04% | 25.31% | 19.08% | 16.80% | 25.33% |
| Net Profit | -80 | 166 | 13 | -134 | -176 | -12 | 34 | -123 | -51 | 104 | 95 | 121 | 52 |
| -8.18 | 16.93 | 1.28 | -13.68 | -17.95 | -1.26 | 3.51 | -12.51 | -5.22 | 10.59 | 9.67 | 12.30 | 5.25 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,002 | 2,246 | 3,039 | 3,284 | 226 | 1,213 | 3,559 | 5,897 | 5,442 | 6,391 | 6,601 | |
| 1,716 | 1,863 | 2,465 | 2,221 | 561 | 1,110 | 2,523 | 4,115 | 3,914 | 4,341 | 4,887 | |
| Operating Profit | 286 | 383 | 574 | 1,063 | -336 | 103 | 1,036 | 1,782 | 1,528 | 2,050 | 1,714 |
| OPM % | 14.27% | 17.05% | 18.90% | 32.37% | -148.72% | 8.52% | 29.11% | 30.21% | 28.08% | 32.08% | 25.96% |
| 64 | 32 | 33 | 45 | 479 | 313 | 66 | 163 | 168 | 270 | 248 | |
| Interest | 80 | 83 | 128 | 480 | 493 | 494 | 569 | 788 | 806 | 730 | 703 |
| Depreciation | 122 | 141 | 182 | 533 | 563 | 594 | 741 | 1,205 | 1,265 | 1,256 | 1,263 |
| Profit before Tax | 147 | 190 | 298 | 95 | -914 | -671 | -207 | -48 | -375 | 333 | 471 |
| Tax % | 36.85% | 36.09% | 36.29% | 68.40% | 20.82% | 28.76% | -60.87% | 25.93% | 26.18% | 19.47% | 21.13% |
| Net Profit | 93 | 121 | 190 | 30 | -724 | -478 | -333 | -36 | -277 | 268 | 371 |
| EPS | 19.89 | 25.86 | 39.58 | 5.93 | -131.23 | -78.60 | -51.30 | -3.64 | -28.20 | 27.34 | — |
| Dividend Payout % | 10.06% | 7.70% | 4.92% | 68.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 14%
- 5 Years:
- 95%
- 3 Years:
- 22%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 11%
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 0%
- 5 Years:
- -2%
- 3 Years:
- -12%
- 1 Year:
- 9%
RETURN ON EQUITY
- 10 Years:
- -4%
- 5 Years:
- -8%
- 3 Years:
- 0%
- Last Year:
- 4%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 47 | 47 | 47 | 51 | 61 | 61 | 98 | 98 | 98 | 98 |
| 906 | 1,006 | 1,423 | 1,407 | 1,771 | 1,316 | 7,230 | 7,218 | 6,949 | 7,214 | |
| 819 | 829 | 1,508 | 4,986 | 4,853 | 4,954 | 7,562 | 7,313 | 6,811 | 5,833 | |
| Trade Payables | 182 | 235 | 356 | 293 | 189 | 291 | 487 | 638 | 589 | 537 |
| 146 | 158 | 463 | 393 | 180 | 85 | 579 | 1,035 | 1,185 | 1,285 | |
| Total Liabilities | 2,100 | 2,276 | 3,797 | 7,130 | 7,055 | 6,707 | 15,955 | 16,302 | 15,632 | 14,967 |
| 1,421 | 1,563 | 2,709 | 5,770 | 5,372 | 5,332 | 14,140 | 14,413 | 13,819 | 13,315 | |
| Capital Work in Progress | 105 | 102 | 213 | 155 | 217 | 64 | 247 | 246 | 95 | 32 |
| 75 | 51 | 58 | 62 | 63 | 96 | 148 | 224 | 255 | 176 | |
| 17 | 19 | 29 | 29 | 23 | 31 | 60 | 64 | 66 | 72 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 208 | 206 | 227 | |
| Cash & Bank | 18 | 23 | 27 | 320 | 722 | 567 | 337 | 353 | 452 | 446 |
| 464 | 519 | 762 | 794 | 658 | 615 | 1,023 | 794 | 740 | 698 | |
| Total Assets | 2,100 | 2,276 | 3,797 | 7,130 | 7,055 | 6,707 | 15,955 | 16,302 | 15,632 | 14,967 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 363 | 441 | 920 | 848 | -416 | 116 | 903 | 1,991 | 1,951 | 2,072 | |
| Cash from Investing | -643 | -315 | -1,021 | -418 | -299 | 37 | -629 | -671 | -317 | -21 |
| Cash from Financing | 60 | -66 | 143 | -210 | 1,076 | -216 | -692 | -1,286 | -1,528 | -2,057 |
| -251 | 20 | -39 | 190 | 367 | -55 | -419 | 34 | 106 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-09 - PVR INOX Limited has informed the Exchange about Copy of Newspaper Publication for dispatch of Letter of Offer with respect to buyback.
2026-09-08 - PVR INOX Limited has informed the exchange about opening of 3 new screens at Soul Space Spirit, Bellandur, Bengaluru, Karnataka.
2026-09-07 - PVR INOX Limited has submitted to Stock Exchange the Letter of offer for Buy-back of equity shares.
2026-09-07 - The Exchange has sought clarification from PVR INOX Limited with respect to recent news item captioned PVR Inox shares fall 8% amid internal probe into alleged Rs 200-crore kickbacks. The response from the Company is attached.
2026-09-07 - The Exchange has sought clarification from PVR INOX Limited with respect to recent news item captioned PVR Inox shares fall 8% amid internal probe into alleged Rs 200-crore kickbacks. The response from the Company is awaited.
2026-09-04 - PVR INOX Limited has submitted to the Stock Exchange copy of newspaper publications dated 04 September, 2026.
2026-09-04 - PVR INOX Limited has informed the Exchange about issuance of a Corrigendum to the Public Announcement dated September 01, 2026 ( Corrigendum to the PA ) for the notice of the Eligible Shareholders.
2026-09-04 - PVR INOX Limited has informed the Exchange about opening of 4-screen SMART Cinema at ICON Plaza Mall, Muzaffarpur, Bihar.
2026-09-02 - PVR INOX Limited has informed the Exchange that the Company representatives participated in Ashwamedh Elara India Dialogue 2026, organized by Elara Capital, on 2nd September, 2026 at 11:00 AM (IST) in Mumbai, India.
News
Recent coverage and analyst commentary for PVRINOX
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