Blockbuster Hits Boost PVR Inox Outlook: What Investors Should Know

Moviegoers are filling theaters again, giving PVR Inox a short‑term lift after a tough year.

Blockbuster films driving traffic

The comedy \"Dhurandhar\" starring Ranveer Singh performed better than expected, earning about Rs 4‑5 billion at the box office. At the same time, the new \"Avatar: Fire and Ash\" has opened worldwide, adding further interest.

What the numbers could mean for the company

Industry analysts say total box‑office collections for the current quarter may reach Rs 30 billion. If PVR Inox keeps its usual 30% market share, its share of collections would be about Rs 9 billion. Since ticket sales make up roughly half of the firm’s revenue, quarterly revenue could be near Rs 18 billion, giving an EBITDA of around Rs 2.9 billion (about a 16.5% margin).

Analyst cautions

• Occupancy rates are still only around 27‑28%.
• Any earnings boost from \"Dhurandhar\" is expected to be modest – perhaps a 3‑4% rise in EBITDA.
• \"Avatar: Fire and Ash\" has started slower than earlier Avatar movies; its impact will depend on word‑of‑mouth.

Valuation and outlook

One brokerage keeps a \"hold\" rating with a target price of Rs 1,211, valuing the stock at about 10.5 times FY27 EBITDA. Another analyst sees a possible upside to Rs 1,225 if earnings improve by 4‑5%.

Bottom line

Strong ticket sales from recent releases give PVR Inox a temporary bounce, but investors should watch the next few months to see if the momentum turns into lasting earnings growth.

Remember, this is just an opinion, not a prediction. Do your own research before making any investment decisions.