Ranveer Singh's movie Dhurandhar is having a dream run at the box office, which is good news for the shareholders of PVR Inox. The company's shares have been down 25% for the year and 42% over two and three-year periods. However, with Dhurandhar's success, PVR Inox shares managed to gain 1% in a tepid week for the BSE barometer Sensex.
By the end of Day 15, Dhurandhar had already crossed the ₹700 crore gross milestone globally and is eyeing to hit ₹1000 crore by the end of the holiday season. This success is a big boost to the earnings of PVR Inox.
Analysts expect industry-wide net box office collections to breach the ₹3000 crore mark in the third quarter of the financial year 2025-26. This could result in revenue of around ₹1800 crore for PVR Inox in Q3FY26E. Dhurandhar has already crossed the ₹500 crore mark, which was assumed by analysts.
Domestic brokerages have echoed positive views on PVR Inox, citing the strong pipeline of movies and occupancy levels. However, they also cautioned that the business remains vulnerable to swings in content quality and occupancy. Some brokerages have maintained a neutral rating on PVR Inox shares with a target price of ₹1245.
Earnings revision for PVR Inox is expected soon for FY26E. Investors are advised to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
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