Revenue growth of 11.4% YoY was aided by 7.2% growth in footfalls to 15.5 million (vs. 14.7 million estimated) owing to the strong performance of some movies such as Jungle Book, Housefull 3, Fan, Captain America, Sairat, etc, at the box office. Net box office collections came in at | 213.5 crore, up 10.5% YoY aided by an increase in footfalls and 5.5% YoY growth in average ticket prices to | 174. F&B revenues came in at | 80.7 crore, aided by 3.4% YoY growth in spends per head to | 61. Advertising revenues, however, remained tepid for the company at | 21.3 crore (up 2.8% YoY).ICICI Securities Limited maintain BUY recommendation and value it 11x FY18E EV/EBITDA (at ~20% discount to PVR) to arrive at a target price of | 290/share.