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PVR INOX has announced a board meeting to discuss the financial results for the quarter and half-year.
Q4 and FY '25 revenues stood at ₹1,285 Cr with EBITDA of ₹25 Cr and a PAT loss of ₹106 Cr. Gross box office collections declined 9% due to fewer tentpole releases, but Hindi dubbed films surged 150%. Footfalls hit 136.9 million, supported by rereleases and promotions. The company is expanding via an asset-light model, signing 23 cinemas (101 screens) and opening 20 screens in FY '26. Net debt reduced sharply from ₹1,430 Cr to ₹952 Cr since March 2023.
Management expects a strong film lineup in FY '26 and gradual margin gains from asset-light expansion. Capex is guided at ₹400-425 Cr. Film hire costs remain steady near 45%. Theatrical and OTT windows are stabilizing, benefiting big releases. Focus remains on disciplined cost control and debt reduction before dividends or buybacks.