AI Summary
✦ ClarthaPVR INOX is an Indian theatrical exhibition company operating cinemas in India and Sri Lanka. Ticket sales and food-and-beverage purchases drive core revenue, while cinema advertising, product displays, and restaurant operations add monetisation. Movie distribution and production, alongside popcorn and corn-based food products, provide supplementary revenue streams. Revenue grew 16.6% year-on-year, while profit increased 219.5%, supported by families returning to theatres and a reported ₹56.5 crore Q1 FY27 profit. Its SMART Cinemas rollout in Tier III cities, beginning in Muzaffarpur, could expand screen capacity and future admissions. Margins remained stable, but ROE is unavailable, limiting assessment of capital efficiency. Debt/equity of 91.87 indicates extreme leverage, which can magnify reported ROE and heighten interest and refinancing risks. At 40.5 times earnings, PVR INOX appears rich and overvalued relative to its 16.6% revenue growth, despite strong profit recovery. The key open question is whether cinema attendance and new Tier III
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 16 analysts
Fundamentals
Fundamentals institutional score is 91 using growth durability 90.9.
Valuation
Valuation institutional score is 92 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 64 using mean target upside 23.2%; dispersion penalty 28.5; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 23 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. fundamentals and valuation provide support, while technical structure and market sentiment remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 0.9% above historical median. Valuation is declining — currently in the undervalued zone (z-score: -0.38). Confidence: 78%.
Live forward EPS implies next-12-month EPS of ₹58.60. Applying the stock's normalized valuation corridor produces a fair range of ₹2,061.55 to ₹3,049.54, with base value near ₹2,352.79 (+105.7% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹58.60
Forward P/E
19.5x
Base Fair Value
₹2,352.79
Fair Range
₹2,061.55 - ₹3,049.54
Upside To Base
+105.7%
Estimate Source
Live forward EPS
5Y Average
49.38
Current
40.49
Overvalued
52.04
Undervalued
35.18
5Y Average
2.03
Current
1.65
Overvalued
2.33
Undervalued
1.73
5Y Average
8.86
Current
7.19
Overvalued
10.48
Undervalued
6.83
Peers & Comparison
Sector: Communication Services · Theme: Theatres
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
ZEE ENTERTAINMENT ENT LTD ZEELTV Channels & Broadcasters | -7.3% | 3.4% | 33.5x Fair | -13% vs avg | -16.6% |
MEDPLUS HEALTH SERV LTD MEDPLUSOnline Services | +21.8% | 2.9% | 40.0x Fair | +3% vs avg | -15.8% |
SAREGAMA INDIA LIMITED SAREGAMAMovies & TV Serials | +27.5% | 21.3% | 46.0x Premium | +19% vs avg | +6.8% |
TIPS MUSIC LIMITED TIPSMUSICMovies & TV Serials | +20.9% | 54.5% | 39.7x Fair | +3% vs avg | +10.5% |
CARTRADE TECH LIMITED CARTRADEOnline Services | +16.3% | 28.7% | 59.6x Premium | +54% vs avg | +18.2% |
SUN TV NETWORK LIMITED SUNTVTV Channels & Broadcasters | -9.6% | 33.2% | 13.3x Undervalued | -66% vs avg | -15.6% |
PVR INOX LIMITED trades in line with peers (40.1x vs avg 38.7x), reflecting a fair valuation within the Theatres cohort. Peers include ZEE ENTERTAINMENT ENT LTD, MEDPLUS HEALTH SERV LTD, SAREGAMA INDIA LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.58K CrJun 2026Latest net profit
₹52 CrJun 2026Latest EPS
₹5.25Jun 2026Net margin
33.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,267 | 1,935 | 1,497 | 1,198 | 1,137 | 1,533 | 1,596 | 1,177 | 1,373 | 1,758 | 1,774 | 1,487 | 1,582 |
| Expenses + | 916 | 1,233 | 1,029 | 926 | 887 | 1,058 | 1,073 | 893 | 977 | 1,152 | 1,157 | 1,042 | 1,061 |
| Operating Profit | 351 | 702 | 468 | 273 | 250 | 475 | 523 | 284 | 396 | 606 | 616 | 445 | 522 |
| OPM % | 28% | 36% | 31% | 23% | 22% | 31% | 33% | 24% | 29% | 34% | 35% | 30% | 33% |
| Other Income + | 24 | 24 | 59 | 45 | 28 | 40 | 39 | 57 | 31 | 34 | -6 | 198 | 22 |
| Interest | 194 | 199 | 196 | 199 | 203 | 206 | 202 | 195 | 190 | 188 | 180 | 172 | 164 |
| Depreciation | 288 | 305 | 314 | 299 | 311 | 326 | 316 | 312 | 305 | 313 | 313 | 326 | 311 |
| Profit before tax | -107 | 222 | 17 | -180 | -235 | -16 | 43 | -166 | -68 | 139 | 117 | 145 | 69 |
| Tax % | -25% | 25% | 26% | -26% | -25% | -24% | 20% | -26% | -25% | 25% | 19% | 17% | 25% |
| Net Profit + | -80 | 166 | 13 | -134 | -176 | -12 | 34 | -123 | -51 | 104 | 95 | 121 | 52 |
| EPS in Rs | -8.18 | 16.91 | 1.28 | -13.66 | -17.95 | -1.26 | 3.51 | -12.51 | -5.21 | 10.58 | 9.67 | 12.30 | 5.25 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Disclosure Regarding Intimation Letter Sent To Shareholders Holding Shares In Physical Form Pursuant To SEBI Master Circular Dated February 6, 2026 For Furnishing Of KYC Details.
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Opening Of 3-Screen Multiplex At Mall 11, Jabalpur, Madhya Pradesh.