PVR Share Price

The key highlights of the company's financial performance for the Q1, FY 2018-19, ended 30 June 2018 are as follows:

1. The company's consolidated net profit recorded an increase of 17.9% and stood at Rs.52.15 crore, up from Rs.44.66 crore for the same period in the previous year.
2. PVR Ltd's total income registered an increase of 7.2% and stood at Rs.700.53 crore, up from Rs.653.03 crore in Q1 FY 2016-17.
3. Consolidated EBITDA (Earnings before interest, taxes, depreciation, and amortization) for the quarter recorded an increase of 8% and stood a Rs.1.41 billion, as compared to Rs.1.31 billion in the same period last year. Meanwhile, the company's EBITDA margin for was at 20.2%.
4. Box office revenues jumped 12% and stood at Rs.3.85 billion, up from Rs.3.43 billion.
5. The company's food and beverage (F&B) revenues registered an increase of 23% and stood at Rs.2.03 billion, as against Rs.1.65 billion.
6. PVR's advertising revenues jumped 6% to Rs.720 million. It recorded an increase of 7.5% from Rs.670 million in the same period last year.
7. In August 2017, PVR announced plans to acquire Chennai's iconic multiplex chain SPI Cinemas Private Ltd. for Rs.633 crore. The merger process is expected to be completed in next 9-12 months.
8. PVR added 9 new screens across two properties in the current financial year. The company plans to add 90 screens in FY 2018-19. For the current fiscal, the company's capital expenditure is expected to be around Rs.400-450 crore.

FY 2017-18

The key highlights of the company's financial performance for the full FY 2017-18, ended 31 March 2018 are as follows:

1. The company's total revenue for the entire year registered an increase of 8% and stood at Rs.2,365 crore, as against Rs.2,182 crore for the same period in the previous year.
2. The company's consolidated operating profit jumped 15% YoY to Rs.433 crore, as compared to Rs.376 crore in FY 2016-17.
3. The Profit After Tax (PAT) recorded a growth of 29% to Rs.124 crore, as compared to Rs. 96 crore.
4. In FY 2017-18, PVR added a total of 49 new screens over 134 properties in 51 cities across India.
5. The company's capital expenditure for the year was at Rs.350 crore.
6. PVR recorded the most profitable Q4 results in the company's history. The growth was attributed to the strong content line up along with a jump in advertising as well as F&B revenues.
7. PVR's consolidated PAT for Q4 stood at Rs.25.9 crore, as against Rs.1 lakh for the same period in the previous fiscal.
8. PVR's net box office revenue for Q4 recorded an increase of 10% for comparable properties and 18% for overall.
9. Total income was up by 19% to Rs.592.44 crore in the quarter, as against Rs.499.68 crore for Q1 FY18. Advertising revenue witnessed a major 31% jump in the comparable properties.
10. The EBITDA jumped 60% and stood at Rs. 101.93 crore, as against Rs.63.84 crore in the previous year. The company's EBITDA margin was up 440 bps to 17.2%, as against Rs. 12.8%.
11. The revenue from food & beverage jumped 13% in comparable and 22% increase overall.

PVR Ltd. Stock Trends in 2018

1. The opening price of the PVR Ltd. stock on 1 January 2018 stood at Rs.1,410 on NSE. The scrip increased throughout the month by around 120 points and reached Rs.1,532. By the end of January, the stock price stood at Rs.1,427. The scrip fell by around 185 points and stood at Rs.1,240 at the beginning of February. It picked up the pace in the latter half of the month and reached Rs.1,321 by the end. In the month of March, the scrip decreased by around 90 points. Towards the end of the month, the stock price stood at Rs.1,230. The scrip picked up the pace in the month of April and crossed Rs.1,400. The price of the stock increased by 211 points and ended the month at Rs.1,449.
2. The stock decreased in May by around 130 points and ended the month at Rs.1,318. In the month of June, the scrip picked up the pace and reached Rs.1,401 by the end. The price of the stock decreased by around 270 points and reached Rs.1,109 by mid-July. By the end of the month, the stock price stood at Rs.1,126. In the month of August, the scrip gained strength and increased by 240 points and reached Rs.1,367.
3. The price of the stock in the month of September decreased by around 100 points. As on 28 September 2018, the scrip stood at Rs.1,200.

PVR Ltd. Stock Trends in 2016 and 2017

1. The opening price of the stock at the beginning of January 2016 on NSE was Rs.797. The scrip decreased gradually and stood at Rs.746 by the end of the month. In the month of February, the stock price decreased further by around 85 points and stood at Rs.675. The scrip increased marginally in March and ended the month at Rs.737. In the month of April, the price of the stock crossed Rs.800 and increased by around 85 points. The scrip ended the month at Rs.821.
2. The price of the stock of increased by around 55 points and reached Rs.876 by the end of May. In the month of June, the stock price reached 990 and increased by 150 points. The scrip continued to increase in July by 125 points and ended the month at Rs.1,144. In the month of August, the stock price increased further and reached Rs.1,229, however, it fell towards the end of the month and stood at Rs.1,174.
3. The stock price continued its high streak and increased further in the month of September. By the end of the month, the scrip was at Rs.1,245. In the month of October, the stock price jumped marginally and reached Rs.1,237 by the end. The scrip decreased in November by around 97 points throughout the month. In December, the price of the stock reached Rs.1,025 towards the end of the month. The opening price of the stock by the end of December 2016 stood at Rs.1,126.
4. At the beginning of January 2017, the price of the stock was Rs.1,148. The scrip increased by 155 points and reached Rs.1,309 towards the end of the month. In the month of February, the stock price increased marginally and stood at Rs.1,270 by the end. The stock price jumped further and crossed Rs.1,400. By the end of March, the scrip stood at Rs.1,432. In the month of April, the scrip continued to increase further and crossed Rs.1,600. It ended the month at Rs.1,635.
5. The price of the stock declined in the month of May by 185 points. It reached Rs.1,440 by the end of the month. In June, the scrip increased and reached Rs.1,573 however, it fell towards the end and stood at Rs.1,420. The price of the stock in July declined further by around 85 points and ended the month at Rs.1,339. In early August, the scrip reached Rs.1,437, however, it fluctuated a lot throughout the month. By the end of August, the stock price stood at Rs.1,307.
6. In the month of September, the stock fell by around 130 points and reached Rs.1,177 towards the end. The scrip picked up the pace and increased by 225 points in the month of October. The opening price of the stock by the end of the month stood at Rs.1,393. In the month of November, the stock price was not stable. It fell by around 102 points and ended the month at Rs.1.306. The scrip increased by 135 points in December and ended the month at Rs.1,410.

Should you invest in PVR Ltd?

1. PVR had the most profitable quarter in Q4 FY 2017-18. The company has been expanding its presence in the country. With the Satyam Cinemas acquisition, PVR has cemented its position in the market and is expected to reap great results for the company in the near future.
2. The stock has not been stable over the years and especially in the last two years. It has witnessed several unusual fluctuations. However, PVR has a positive outlook in the coming years and it might make the stock a bit stable.
3. You could invest in PVR Ltd. stock on a long-term basis. However, it is strongly advised to do thorough research on the stock before investing your hard-earned money in the stock market as it is volatile in nature.

Company Information

PVR Ltd. is the largest film entertainment company in the country. Founded in 1997, the company operates has 711 screens at 153 properties across 60 cities in India. The company acquired Cinemax in 2012 and took over DT Cinemas in 2016 where it served 76 million patrons in a year. The company is responsible to make technologies like the IMAX, 4DX and ECX (Enhanced Cinema Experience) accessible to its audience. Recently, PVR rolled out P[XL], India's first premium extra-large homegrown big screen format. PVR Ltd. comprises a total of 3 subsidiaries - PVR Cinemas, PVR Leisure, and PVR Pictures. PVR received the Fortune India's Next 500 Big and Mid-size companies award in 2016.

Management of the Company

Mr.Ajay Bijli - Chairman and Managing Director

Ajay Bijli entered into a joint venture with Village Roadshow in 1995 and in few years, the company transformed into a renowned multiplex format in the country. Ajay has completed a President Management program from Harvard Business School. He has also received several prestigious awards. Ajay is on the Board of Trustees of the Mumbai Academy of the Moving Image (MAMI) and the founding member of FICCI Multiplex Association (India).

Mr. Sanjeev Kumar - Joint Managing Director

Sanjeev has more than 13 years of experience in the film exhibition industry. He looks after the cinema acquisition and distribution business at PVR Ltd. Moreover, he also oversees the company's operations and marketing divisions. Sanjeev played an important role in bringing Hollywood movies to India and has set up ties with several Hollywood Studios including Miramax, Newline, IEG and Zee MGM. Sanjeev holds a Bachelor's degree in Finance and Accounting from Salford University, Manchester and a Master's degree in Business Administration from Imperial College London University.

Listings in NSE, BSE, and Indices

The stocks of PVR Ltd. are available for trading on the two major stock exchanges of India - The National Stock Exchange Limited (NSE) and Bombay Stock Exchange (BSE).

BSE: 532689

NSE: PVR

ISIN: INE191H01014

Sector: Media and Entertainment

The company forms a part of important indices like:

1. Nifty 500
2. Nifty Full Smallcap 100
3. Nifty Media
4. Nifty MidSmallcap 400
5. Nifty Smallcap 100
6. Nifty Smallcap 250
7. Nifty Smallcap 50
8. S&P BSE 250 SmallCap Index
9. S&P BSE 400 MidSmallCap Index
10. S&P BSE 500
11. S&P BSE AllCap
12. S&P BSE Consumer Discretionary Goods & Services
13. S&P BSE MidSmallCap
14. S&P BSE SmallCap
15. S&P BSE SmallCap Select Index
16. S&P BSE TECk

Corporate Office

Block A, 4th Floor, Building No 9,

DLF Cybercity, Phase III,

Gurgaon - 122002

Haryana - India

Registered Office

61, Basant Lok, Vasant Vihar,

New Delhi - 110057

Delhi - India

Phone : 47604302

Email : cosec@pvrcinemas.com

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DISCLAIMER:

The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.