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PVR INOX (PVRINOX) investor relations material

PVR INOX Q1 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 25/26 earnings summary6 Aug, 2025

Executive summary

  • Strong start to FY26 with 23.1% YoY revenue growth, robust box office and F&B sales, and less reliance on blockbusters.

  • Net loss narrowed significantly to INR 335 million from INR 1,366 million YoY, reflecting improved operational efficiency.

  • Innovative initiatives like Blockbuster Tuesdays and live event screenings revitalized weekday footfalls, attracting nearly 1 million new/lapsed customers.

  • Board approved unaudited standalone and consolidated financial results for Q1 ended June 30, 2025, with no material misstatements identified by auditors.

  • Focus on capital-light expansion with 20 new screens opened, 127 screens signed under asset-light and FOCO models, and no closures during the quarter.

Financial highlights

  • Admissions rose 12% YoY to 34 million; average ticket price increased 8% to ₹254; highest ever spend per head on F&B at ₹148, up 10% YoY.

  • Advertising revenue reached ₹110 crore, a 17% YoY increase and the highest post-pandemic.

  • Total revenue for the quarter was ₹14,879 million, up 23.1% YoY; EBITDA at ₹1,141 million (7.7% margin); net loss narrowed to ₹335 million from ₹1,366 million YoY.

  • Consolidated net loss after tax and non-controlling interests for Q1 FY26 was ₹540 million, compared to a net loss of ₹1,787 million in Q1 FY25.

  • Net debt reduced to ₹8,915 million, down 38% post-merger, with cash reserves at ₹5,420 million as of June 30, 2025.

Outlook and guidance

  • Upcoming quarters expected to benefit from a strong content pipeline across languages, with major Bollywood, Hollywood, and regional releases anticipated.

  • Plans to open 90–100 new screens in FY26, maintaining CapEx guidance at ₹400–425 crore.

  • Continued focus on innovative promotions, prudent cash flow management, and further deleveraging.

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Q2 25/2617 Oct, 2025
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Frequently asked questions

PVR INOX Limited is an Indian company engaged in the operation of multiplex cinema theatres across the country. It provides film exhibition services, along with complementary offerings such as food and beverage sales, advertising, and event hosting. The company screens a variety of domestic and international films through its network of theatres in urban and semi-urban locations. PVR INOX Limited is headquartered in Gurugram, India, and its shares are listed on the NSE.

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