Sequential recovery in 2Q; 3Q likely to be robust

Company
16 Oct 2024
5 Min read 
  • Aditya Bansal provided an estimate change, TP change, and rating change for Bloomberg PVRINOX IN Equity Shares.
  •  Financials and valuations for Y/E March 2024 to 2026E show sales, EBITDA, Adj. PAT, EBITDA Margin, Adj. EPS, and other ratios.
  •  Sequential recovery in 2Q with a likely robust 3Q due to movie releases.
  •  Occupancy recovered in 2Q and is expected to improve further in 3Q.
  •  The company expects to add 110-120 screens in FY25 and 80-120 screens annually in FY26-27.
  •  The company's business remains highly sensitive to occupancy trends, dependent on the quality of content.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority

Click here to see your activities