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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.
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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