PVR INOX (PVRINOX) investor relations material

Executive summary

• Q1 FY27 delivered strong growth, with India's box office collections up 20% year-on-year, driven by broad-based success across languages and regions.

• 36.6 million guests attended, up 8% year-on-year, with both average ticket price (ATP) and spend per head (SPH) rising 8% and 9% respectively.

• Achieved a net cash positive position for the first time, with net debt at -INR 807 Mn as of June 30, 2026.

• Board changes included the appointment of Mr. Shuva Mandal as Independent Director and the resignation of Mr. Dinesh Hasmukhrai Kanabar, with related committee reconstitutions.

• The company is expanding its out-of-home entertainment offerings, including live sports, concerts, and alternate content, to diversify revenue streams.

Financial highlights

• Revenue grew 12% year-on-year to INR 16,423 Mn (Ind AS 116 adjusted), with EBITDA nearly doubling to INR 230 crores and a 14% margin.

• PAT reached INR 705 Mn, reversing a loss of INR 335 Mn in Q1 last year.

• Standalone and consolidated results turned positive, with consolidated revenue at Rs. 16,222 million and PAT at Rs. 565 million.

• Sale of movie tickets rose 15.9% YoY, food & beverage sales up 16.7%, and convenience fees up 28.7%.

• Net cash position of INR 80 crores as of June 30, 2026, after three years of sustained free cash flow generation.

Outlook and guidance

• On track to open 90-100 new screens in FY27, with a strong pipeline of new locations, especially in Tier 2 and Tier 3 cities.

• Upcoming film slate includes major Hindi, regional, and Hollywood releases, expected to drive further growth.

• CapEx guidance revised down to INR 350 crores for FY27, with a focus on asset-light models and renovations.

• No explicit forward-looking guidance provided; management continues to focus on core theatrical exhibition and allied activities.