Dhurandhar 2 Ka Jaadu Box Office Par
PVR Inox ke investors ke liye ye ek mast news hai. "Dhurandhar 2" ne opening mein hi kamaal kar diya hai. Film ne shuruati shows mein hi ₹35-40 Crore kama liye aur opening day par ₹65-70 Crore ka business kiya. Ab toh lagta hai ye film pichle part ke ₹800-850 Crore ke record ko tod degi aur ₹1,000 Crore ka milestone bhi paar kar sakti hai.
Company ke Executive Director, Sanjeev Kumar Bijli ne kaha ki is hit film ki wajah se January-February ka theek-thaak performance bhi sudhar jayega aur Q4 ek "decent quarter" banega. Poore FY26 ke liye 150 million admissions ka target hai, jo film ki success par depend karta hai.
Valuation Aur Occupancy Ka Kya Scene Hai?
Asal mein baat ye hai ki PVR Inox ki market cap filhaal ₹12,000 Crore ke aas-paas hai, aur iska Price-to-Earnings (P/E) ratio lagbhag 45x chal raha hai. Ye thoda stretched valuation hai, kyunki competitors 30-40x P/E par trade kar rahe hain. Iska matlab hai ki company ko aise blockbuster hits ki zaroorat hai taaki ye valuation justify ho sake.
Ek aur chiz jo notice karne wali hai, wo hai occupancy. "Dhurandhar 2" jaise hits ke bawajood, industry ki overall occupancy abhi bhi 27-27.5% ke aas-paas hai, jo pandemic se pehle ke 30-32% se kam hai. Iska matlab hai ki audience waapis toh aa rahi hai, par poori tarah nahi.
Expansion Aur OTT Ka Connection
Is problem ko solve karne ke liye, PVR Inox South India mein screen expansion par focus kar raha hai, jahan occupancy rates zyada hain. Tier-2 aur Tier-3 cities mein bhi entry ho rahi hai. OTT platforms se competition bhi ab settle ho gaya hai, theatre mein 8-week ka window ab normal ho gaya hai. Isse lagta hai ki log abhi bhi big screen experience ke liye theatre aana pasand karte hain.
Aage Kya Aa Raha Hai?
Aane wale time mein "Ramayan", "King", aur "Lahore 1947" jaise badi films bhi release hone wali hain, jisse revenue stream bani rahegi.
Risks Aur Future
Magar, dosto, kuch risks bhi hain. Company kuch bade hits par bahut zyada depend karti hai. Agar agli films chalne mein fail ho gayi, toh valuation gir sakta hai. Occupancy levels ka kam hona aur competition bhi mudde hain. Isliye, investors ko thoda caution rehne ki zarurat hai.