PVR INOX records higher admissions in June quarter year-on-year, to add 100 screens by end of FY26

The company said it is sharply focusing on asset-light strategy and the franchise-owned company-operated model

PVR INOX plans to add about 100 screens in FY26 with investments to the tune of ₹175-200 crore. Nearly 40 per cent of these screens will be coming up in Southern India, which is a key market for the leading multiplex chain. The company said it is sharply focusing on asset-light strategy and the franchise-owned company-operated model. Strong content-line enabled the multiplex chain to record strong growth in admissions year-on-year during the June quarter.

To add 100 screens

Sanjeev Kumar Bijli, Executive Director, PVR INOX told businessline, “We plan to add 100 screens in FY26. Out of which we have opened 20 screens so far, so 80 additional screens are set to be opened. Nearly 50 per cent of these screens will be under the asset-light strategy and the franchise-owned company-operated model. With costs of ₹3.5 crore per screen, total investments required to set up 100 screens comes to about ₹350 crore. But because we are following the FOCO and asset light strategy, our contribution will be to the tune of ₹175 -200 crore.”

The company will continue to look at adding 100-120 screens every fiscal year. “ The FOCO model has opened new markets for us and grown our brand in tier-2 and -3 markets,” he added.

As part of the company’s expansion in Southern India, the leading multiplex chain is set to open a four-screen property in Hyderabad this week. Overall, it plans to open 40 screens in Southern India this fiscal.

“South India is a lucrative market for us because the propensity to watch movies in this region is very high. The local film industry is very prolific and year on year we have seen the quality of content improving. Southern Indian films have crossed over and these movies are watched by movie buffs across the country. We remain committed to grow in the region and nearly 40 per cent of the new screens will open in Southern India during this fiscal,” Bijli added.

For the multiplex industry, which has been facing volatility in terms of box office collections, the June quarter has been robust.

“We have seen a great run of films across genres including Hindi and Hollywood. While we are still collating the numbers, we have seen an estimated 10-11 per cent jump in admissions year-on-year to about 3.5 million,” Bijli said.

Published on July 2, 2025