PVR INOX Q4 & FY26 Results: Revenue Up 16%, EBITDA Doubled, PAT Turns Positive
PVR INOX reported record FY26 revenue of ₹6,742.6 crore, up 16.4%. EBITDA doubled to ₹968 crore, and PAT turned positive at ₹386.8 crore (including subsidiary disposal gain). Q4 FY26 revenue rose 25% to ₹1,577.8 crore with PAT at ₹178.8 crore. FY26 saw highest ATP at ₹280 and F&B SPH at ₹147. Net Debt reduced to ₹161.9 crore.
The announcement details record financial performance, significant improvements in profitability, and strategic growth initiatives, which are material to investors and the company's market position.
The company reported record revenues, doubled EBITDA, and a positive PAT, indicating strong financial performance and a significant turnaround. Expansion plans and a strengthened balance sheet further contribute to a positive outlook.
PVR INOX Limited has announced its financial results for the Fourth Quarter and Full Year ended March 31, 2026. The company reported its highest-ever revenue at ₹67,426 million (₹6,742.6 crore) for FY26, marking a 16.4% increase year-on-year. EBITDA for the full year doubled to ₹9,680 million (₹968 crore) from ₹4,848 million (₹484.8 crore) in FY25, with EBITDA margin improving significantly to 14.4% from 8.4%.
The company achieved a positive Profit After Tax (PAT) of ₹3,868 million (₹386.8 crore) for FY26, a substantial turnaround from a loss of ₹1,523 million (₹152.3 crore) in the previous year. This includes a gain on the disposal of subsidiary 'Zea Maize Pvt. Ltd'. PAT from continuing operations stood at ₹2,306 million (₹230.6 crore).
In the fourth quarter of FY26, revenue grew by 25% to ₹15,778 million (₹1,577.8 crore), while EBITDA increased by 487% to ₹1,696 million (₹169.6 crore) with a margin of 10.7%. PAT for Q4 FY26 turned positive at ₹1,788 million (₹178.8 crore), compared to a loss of ₹1,060 million (₹106 crore) in Q4 FY25.
Operating highlights for FY26 include the highest-ever Average Ticket Price (ATP) at ₹280, up 8.1% year-on-year, and Food & Beverage (F&B) Spend per Head (SPH) at ₹147, up 9.5%. Admissions increased by 9.6% to 150.1 million. The company also expanded its screen count by 4.4% to 1,798 screens across 359 cinemas.
PVR INOX is focusing on a capital-light growth strategy, with over 40% of new screen additions planned in South India. The company aims to accelerate growth in underpenetrated markets and expand in Tier 2 & Tier 3 cities. Capex intensity has reduced by 24% year-on-year, with 'Capital-Light' models forming 55% of new screen additions.
The company has also strengthened its balance sheet, with Net Debt reducing significantly to ₹1,619 million (₹161.9 crore) as of March 31, 2026, from ₹9,522 million (₹952.2 crore) in the previous year. Return on Capital Employed (ROCE) improved to 10.2% in FY26.
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.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by PVR INOX Limited. Read the original for the full detail.