Whalesbook
Toh, yeh jo sab badhiya numbers aaye hain na, iske peeche PVR-INOX ki naye strategy ka kamaal hai. Company ab screens kholne ke liye 'capital-light' model pe focus kar rahi hai. Matlab, zyada paise lagaye bina expansion. FY26 mein jitni bhi 93 nayi screens kholi, usme se 55% se zyada issi model se aayi hain. Isse company ki financial health aur capital efficiency dono badh rahi hai.
Aur operational side pe bhi sab acha hai. Logo ne movie tickets pe 8% zyada kharcha kiya hai, Average Ticket Price (ATP) ₹280 ho gaya hai. Aur hall mein kharch (SPH) bhi 10% badh kar ₹147 ho gaya. So, audience ko bhi sab pasand aa raha hai.
PVR aur INOX ka merger 2023 mein hua tha, uske baad se yeh India ki sabse badi multiplex chain hai aur yeh strategic shift unhe aur mazboot bana raha hai.
Ab FY27 ke liye toh 138 nayi screens ka plan ready hai, jismein bhi capital-light format ko priority di jayegi taaki growth jaldi ho. Chhote cities ko target karne ke liye 'Smart Screens' ka bhi pilot chal raha hai.
Haan, kuch challenges bhi hain bro. West Asia crisis ki wajah se cost cutting chal rahi hai, aur advertising revenue abhi thoda slow hai, but comeback ki umeed hai. Kuch 18 screens ko mall quality issue ki wajah se band bhi karna pada tha.
Toh investors ko ab future growth, new screens ka execution aur revenue recovery pe nazar rakhni chahiye. Share buyback jaisi cheezon par bhi company soch sakti hai, jo shareholders ke liye achha ho sakta hai.