PVR INOX FY26 Revenue at ₹6,742.6 Crore, PAT at ₹386.8 Crore, Net Debt Negligible
PVR INOX reported record FY26 results with revenue at ₹6,742.6 crore and PAT at ₹386.8 crore. The company achieved its highest-ever EBITDA of ₹968 crore and reduced net debt to ₹161.9 crore. 150 million patrons visited cinemas, with ATP at ₹280 and SPH at ₹147. 93 new screens were added, and Zea Maize was divested for ₹226.8 crore.
The announcement details record financial results, strategic divestment, significant debt reduction, and expansion plans, all of which are material to the company's financial health and future growth prospects.
The company reported its best-ever financial performance with record revenues, EBITDA, and PAT, alongside a significant reduction in net debt and expansion of screen count. Management commentary also highlights a positive outlook.
PVR INOX Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported its best-ever financial performance in FY'26, achieving record revenue, EBITDA, and PAT. Total revenues for the year reached ₹67,426 million (₹6,742.6 crore), with EBITDA at ₹9,680 million (₹968 crore) and PAT at ₹3,868 million (₹386.8 crore), excluding the impact of Ind AS 116.
The company achieved 150 million admissions during the year, with an Average Ticket Price (ATP) of ₹280 (up 8.0% YoY) and Average F&B Spend per Head (SPH) of ₹147 (up 9.5% YoY). This resulted in a 20% increase in ticket sales, a 20% rise in Food & Beverage sales, and a 4% increase in Advertisement income compared to FY'25.
FY'26 saw the addition of 93 new screens, bringing the total screen count to 1,798 across 359 cinemas in 113 cities. The company also completed the divestment of Zea Maize Private Limited for ₹2,268 million to Marico Limited, sharpening its focus on the core cinema exhibition business. Net debt was reduced to ₹1,619 million, reaching a negligible level.
For the fourth quarter ended March 31, 2026, PVR INOX reported revenues of ₹15,778 million (₹1,577.8 crore), EBITDA of ₹1,696 million (₹169.6 crore), and PAT of ₹1,788 million (₹178.8 crore), excluding Ind AS 116 impact. Admissions for the quarter were 31 million, with ATP at ₹315 (up 22% YoY) and SPH at ₹165 (up 32% YoY).
Mr. Ajay Bijli, Managing Director, PVR INOX Ltd., stated that FY'26 represented a structural inflection, with a strong content slate, a capital-light expansion strategy, and a significantly strengthened balance sheet positioning the company for sustainable growth.
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