PVRINOX NSE filing

PVR INOX Q2 FY27: Record Revenue ₹21,327 Cr, PAT ₹2,733 Cr, Up 111%

The RealCase readHigh impact Positive

PVR INOX reported record Q2 FY'27 revenue of ₹21,327 million, up 17% YoY, with PAT at ₹2,733 million, up 111% YoY. H1 FY'27 revenue was ₹37,750 million, up 15% YoY. The company maintained net cash of ₹1,407 million after a ₹3,000 million share buyback. A new Capital Allocation Policy was approved.

Why it matters

The announcement details record financial performance, significant growth in key metrics (revenue, EBITDA, PAT), and strategic financial decisions like a share buyback and a new capital allocation policy. These factors are highly material to investors and the company's future prospects.

The market read

The company reported record revenue, EBITDA, and PAT for both the quarter and half-year, exceeding previous periods and pre-COVID levels. The financial performance and strategic initiatives, including a share buyback and a new capital allocation policy, indicate a strong positive outlook.

PVR INOX Limited announced record financial results for the quarter and half-year ended September 30, 2026. For Q2 FY'27, the company achieved its highest-ever quarterly revenue of ₹21,327 million (up 17% YoY), EBITDA of ₹4,752 million (up 44% YoY) with a margin of 22.3%, and PAT of ₹2,733 million (up 111% YoY).

For the first half of FY'27 (H1 FY'27), PVR INOX reported its highest-ever revenue of ₹37,750 million (up 15% YoY), EBITDA of ₹7,048 million (up 56% YoY), and PAT of ₹3,438 million (up 233% YoY). The company welcomed 46.3 million patrons in the quarter, with occupancy improving to 30.4%. Average Ticket Price (ATP) and Average F&B Spend per Head (SPH) both increased by 14% to ₹298 and ₹153, respectively.

The company maintained a net cash positive position of ₹1,407 million as of September 30, 2026, after completing a ₹3,000 million share buyback. PVR INOX operated 1,797 screens across 114 cities. The Board approved a new Capital Allocation and Dividend Distribution Policy, prioritizing growth investments and returning approximately 30% of annual surplus cash flow through dividends and/or buybacks.

Looking ahead, PVR INOX has a strong film slate across languages and Hollywood, with new releases planned for Q4 FY'27. The company is also focusing on expanding its network through capital-light models like SMART Cinemas, with 90-100 new screens planned for FY'27, mostly in the second half. The company also continues to drive footfalls through various value offers and extending F&B services.

Mr. Ajay Bijli, Managing Director, commented that Q2 FY'27 was a landmark quarter, with margins well above pre-COVID levels, indicating a structurally stronger business. The company generated significant free cash flow, completed its maiden share buyback, and maintains a strong balance sheet, focusing on growth and delivering long-term shareholder value.

Filing to action

What to do with a filing like this

PVR INOX Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by PVR INOX Limited. Read the original for the full detail.

View original filing