Exclusive Webinar :Don't miss the latest webinar on Global Investing with Passive Products on June 22, 11am

PVR Q2 net profit may surge 290%, margins likely to expand

EBITDA is seen rising 54 percent in Q2 at Rs 90.5 crore versus Rs 58.6 crore while margins may expand 440 basis points at 19.1 percent against 14.7 percent, year-on-year. EBITDA margins, though may expand, are likely to fall short of 23.1 percent seen in Q1 due to higher film hire costs.

November 02, 2015 / 05:44 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Boost from big film releases is likely to lift PVR's September quarter earnings. The media firm is expected to post net profit of Rs 36 crore, up by a whopping 290 percent in Q2FY16 from Rs 9.2 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, PVR’s total income is likely to see a jump of 18.6 percent to Rs 474.5 crore compared to Rs 400.2 crore on an annual basis.


EBITDA is seen rising 54 percent in Q2 at Rs 90.5 crore versus Rs 58.6 crore  while margins may expand 440 basis points at 19.1 percent against 14.7 percent, year-on-year. EBITDA margins, though may expand, are likely to fall short of 23.1 percent seen in Q1 due to higher film hire costs.

Revenue from advertising may grow 20 percent at Rs 48.5 crore against Rs 40.6 crore while footfalls are seen at 17.6 million from 15.7 million (Y-o-Y). Average ticket price is seen at Rs 184 against Rs 183, average food and beverage (F&B) spend per head is seen at Rs 71.5 versus Rs 74 while average occupancy may come in at 38 percent on sequential basis.

In Q2, the media firm saw big blockbuster films including Baahubali, Bajrangi Bhaijaan, Drishyam, Welcome Back and Mission Impossible. Distributor share is likely to be higher (exhibitor’s Share lower) for movies exceeding a threshold collection in the first week, say analysts polled by CNBC-TV18.

stay updated

Get Daily News on your Browser
Sections