PVR INOX Ltd. News and Updates

Name: Latest research reports of PVR INOX Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: PVR INOX Ltd.
Rating: 3
Author: ICICI Securities Limited

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PVR INOX Ltd.

14 Aug 2018

959.60

-1.10%

PVR

Hold: PVR INOX Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research PVR Ltd has announced the acquisition of south India based multiplex player SPI Cinemas, a leading exhibitor in South India for an EV of | 1043 crore. The company, in FY18, reported a topline of ~| 310 crore and EBITDA of | 63.3 crore, with margins of 20.4%. It operates in all southern states (major player in Chennai) and also has a presence in Mumbai (five screens). Total number of operational screens are 76 (including four screens each in Hyderabad, Bengaluru to be opened in the next 12...

PVR INOX Ltd. has lost -34.96% in the last 6 Months

PVR INOX Ltd.

13 Aug 2018

959.60

-1.10%

PVR to buy 72 per cent stake in SPI Cinemas for Rs 633 crore

Business Today

After the transaction, PVR will have 706 screens operational across the country and this acquisition will make it the number 1 operator in top 3 cities of South India - Chennai, Bangalore, and Hyderabad.

Number of FII/FPI investors increased from 221 to 244 in Mar 2025 qtr.

PVR widens its reach, buys SPI Cinemas for 633 crore

livemint | 13 Aug 2018 2 more

PVR INOX Ltd.

05 Aug 2018

959.60

-1.10%

Choksi got clearance as no criminal antecedents were found: Mumbai Police

Business Standard

It also said that the Mumbai Regional Passport Office had issued a passport to Choksi after granting him a no PVR status

PVR INOX Ltd. is trading above its 50 day SMA of 948.9

Mehul Choksi got 'clear report' as no criminal antecedents were found in 2017: Mumbai Police

Economic Times | 05 Aug 2018 1 more

PVR INOX Ltd.

03 Aug 2018

959.60

-1.10%

PVR rallies over 5% on ticketing renewal pact

Economic Times

The renewal came through web and app-based platforms, it told stock exchanges.

Number of FII/FPI investors increased from 221 to 244 in Mar 2025 qtr.

PVR INOX Ltd.

30 Jul 2018

959.60

-1.10%

PVR LTD

Buy: PVR INOX Ltd.

Geojit Research

Higher Food and Beverage income drove the profits... Revenue grew marginally in Q1FY19 on lower ATP growth Q1FY19 revenue grew at ~ 8%YoY mainly attributed to lower ATP growth and lower advertisement income. Net ticket revenue and F&B; collections registered a growth of 12% and 23% respectively while advertisement revenue grew by 7% YoY. Footfalls also improved by 8% YoY growth with occupancy registering a higher rate (36.1%). No big hits from Bollywood lowered the admits, being one of the reason for lower revenue growth in this quarter. The share of Bollywood movies stood at 48% vs 58% in Q1FY18...

Promoters pledged 4.24% of shares in last quarter. Total pledge stands at 10.17% of promoter holdings

PVR INOX Ltd.

27 Jul 2018

959.60

-1.10%

Result Review of PVR

Buy: PVR INOX Ltd.

IDBI Capital

PVR's Q1FY19 result was a beat to our forecast as regards EBITDA and EPS. This was mainly driven by higher growth in footfalls and advertisement revenue vs. our forecast and a YoY decline in repairs & maintenance cost. Outcome of the PIL as regards allowing outside F&B; and news of risks from government interfering with pricing of F&B; weighs on the valuation of PVR in the near term. We believe that in case of a court process is followed multiplex players are on a strong footing. However, the timeliness of the outcome remains uncertain. While we fine tune our EBITDA and EPS forecast for FY19/20E, given the uncertainty...

PVR INOX Ltd. has an average target of 1737.40 from 10 brokers.

PVR INOX Ltd.

26 Jul 2018

959.60

-1.10%

PVR

Buy: PVR INOX Ltd.

Target

Dolat Capital

PVR reported revenue growth of 9.4% YoY on back of higher Net box office collection and better F&B; revenue. EBITDA margin improved 211bps YoY to 19.7% due to lower overhead expenses due to GST credits. We expect occupancy levels to improve over the next two quarters helped by a strong Hindi content pipeline. PVR has corrected by almost 16% since the F&B; announcement and is currently trading at inexpensive valuations of 10x/9x based on our FY20/FY21 EV/EBITDA estimates. We upgrade PVR to an...

Promoters pledged 4.24% of shares in last quarter. Total pledge stands at 10.17% of promoter holdings

PVR INOX Ltd.

26 Jul 2018

959.60

-1.10%

PVR

Hold: PVR INOX Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Q1FY19 revenues came in at | 696.3 crore, up 9.9% YoY and marginally above our expectation of | 690.8 crore, on account of better-than-expected ATP, which came in at | 217 (vs. our expectation of | 216) and footfalls that came in at 22.7 million (mn) (8.1% YoY) driven by higher share of Hollywood movies vs. Inox that had reported 1.1% YoY decline in footfalls. The spend per head (SPH) grew 8% YoY to | 94 crore, in line with our expectations. Net...

PVR INOX Ltd. has an average target of 1737.40 from 10 brokers.

PVR INOX Ltd.

17 Jul 2018

959.60

-1.10%

PVR

Sector Update: PVR INOX Ltd.

ICICI Securities Limited

Maharashtra intends to allow outside food and beverages inside multiplexes from August 1, 2018 (as announced by Food & Civil Supplies Minister in state legislature). The comment has come in the background of a public interest litigation (PIL) filed earlier (media link) challenging the ban on packed food, water bottles inside cinema halls on the grounds that it violates fundamental right to life of medically vulnerable persons & senior citizens. The Bombay High Court in its ruling in April, 2018, reiterated that patrons cannot be unilaterally prohibited from bringing their own food & water bottles inside...