PVR Ltd.

NSE: PVR | BSE: 532689 | ISIN: INE191H01014 |Industry: Specialty Retail
|Expensive Performer
1068.50 4.15 (0.39%)
NSE Oct 30, 2020 15:31 PM
Volume: 1.6M

PVR Ltd.    
15 Sep 2020
Motilal Oswal
PVR has opened cinemas in Sri Lanka and has seen good response, with ATP Pending capex of INR400m would be put toward the completion of 30 screens (in the final stages) and of INR750m toward 28 screens (in the fit- PVRs near-term profitability and business scale would be affected as cinemas would be the last to open and would operate with a much reduced capacity and Rental waivers come as a great relief for the company; however, other operational charges, such as sanitization costs, would increase post the reopening of the cinemas, along with expected decline in revenues in the high- PVRs remains comfortable in terms of liquidity, with INR5.5b in cash (INR3b proceeds from rights issue) and INR1.6b in undrawn credit lines available from The recent shift in movies to OTT platforms and increased viewership raises concerns regarding increased competition from the OTT medium.
Number of FIIs/FPIs holding stock fell by 20 to 159 in Sep 2020 qtr.
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