|
06 Sep 2025 |
PVR INOX
|
Consensus Share Price Target
|
1146.30 |
1308.15 |
- |
14.12 |
buy
|
|
|
|
|
22 Jul 2022
|
PVR INOX
|
Prabhudas Lilladhar
|
1146.30
|
2330.00
|
1913.45
(-40.09%)
|
|
Buy
|
|
|
|
|
22 Jul 2022
|
PVR INOX
|
ICICI Direct
|
1146.30
|
2300.00
|
1939.85
(-40.91%)
|
|
Buy
|
|
|
|
|
12 May 2022
|
PVR INOX
|
Emkay
|
1146.30
|
2165.00
|
1785.05
(-35.78%)
|
Target met |
Buy
|
|
|
|
|
10 May 2022
|
PVR INOX
|
Prabhudas Lilladhar
|
1146.30
|
2227.00
|
1787.50
(-35.87%)
|
|
Buy
|
|
|
|
|
10 May 2022
|
PVR INOX
|
ICICI Securities Limited
|
1146.30
|
1965.00
|
1705.90
(-32.80%)
|
Target met |
Buy
|
|
|
PVR’s Q4FY22 cash EBITDA loss was at Rs341mn largely due to lower advertising (ad) and other revenues. However, average ticket price (ATP) has positively surprised with increase of 1.3% QoQ to Rs242, and the company is confident of sustaining it. Spending per head on food and beverages (SPH) though has dipped 5.4% QoQ, but remains strong at Rs122.
|
|
10 May 2022
|
PVR INOX
|
ICICI Direct
|
1146.30
|
2240.00
|
1772.25
(-35.32%)
|
|
Buy
|
|
|
|
|
09 May 2022
|
PVR INOX
|
Motilal Oswal
|
1146.30
|
1650.00
|
1772.25
(-35.32%)
|
Target met |
Neutral
|
|
|
|
|
28 Mar 2022
|
PVR INOX
|
Prabhudas Lilladhar
|
1146.30
|
2224.00
|
1869.05
(-38.67%)
|
|
Buy
|
|
|
Post-merger, board will be reconstituted and will have 10 members. Both promoter families will have equal representation on board with 2 seats each. We believe PVR and Inox merger is a win-win situation as it would lend invincible size advantage to the combined entity (pre-COVID screen/BO market share of ~46%/30% respectively) and result in material revenue & cost synergies by improving bargaining power with film distributors, real estate developers, ad-networks and ticket aggregators. Merger will relegate competition to backyard (Carnival & Cinepolis have ~400 screens each) and...
|
|
05 Mar 2022
|
PVR INOX
|
Geojit BNP Paribas
|
1146.30
|
2011.00
|
1686.90
(-32.05%)
|
Target met |
Buy
|
|
|
PVR Ltd own and operate multiplexes across 21 States and UT's with 860 screens (including 9 in Colombo). Major income segments for them are Box office, Food & Beverage (F&B) and Advertisement. For Q3FY22, PVR reported revenue of Rs.614Cr (410% QoQ) from core operations supported by strong quality contents and operation of cinemas across majority of the states. As of January, cinemas across the country (excluding Delhi and Haryana states) are operating with certain capacity restrictions. Discussions on rental waivers/discounts for second wave has conclud-...
|
|
24 Jan 2022
|
PVR INOX
|
ICICI Securities Limited
|
1146.30
|
1870.00
|
1520.35
(-24.60%)
|
Target met |
Buy
|
|
|
Reported revenue came in at | 614.2 crore, (up ~4x QoQ) with box office revenue of | 300.2 crore, ad revenues of | 40.9 crore and | 180.5 crore of F&B revenues. Footfalls were up 3.5x QoQ at 14.5 million and ATP at | 239 was up 18% QoQ owing to slate mix. SPH at | 129 was flattish QoQ EBITDA (ex- Ind AS116) was at | 38 crore (margin 6.2%) against EBITDA loss of | 115.1 crore in Q2. On reported basis, EBITDA was at | 164.9 crore The reported net loss was lower at | 10.2 crore due to other income of | 67.4 crore with respect to rental waivers received (net of rent paid). The...
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