PVR Inox needs a blockbuster H2 for full-year success

Shares of PVR Inox Ltd have rallied by 23% in the past six months, signalling a potential comeback for the multiplex chain operator after a dismal FY25. Business momentum of the June quarter (QIFY26) is expected to sustain in the September quarter (Q2FY26).

- Shubham Dilawari

A diverse content lineupBollywood, Hollywood, and regional-combined with strong audience response to new releases, is expected to boost footfalls and occupancy for PVR Inox. Movies released this quarter, such as Saiyaara, Coolie, Mahavatar Narsimha, War 2, They Call Him OG, Lokah: Chapter 1, Jurassic World: Rebirth and Jolly LLB 3, each crossed the ₹100 crore mark. Consequently, PVR Inox did not push the re-release strategy in this quarter.

September was softer than July and August for box-office collections, which may be due to the 2025 Men's Asia Cup. Still, Q2 earnings could bring some cheer to investors.