PVR Ltd. PVR Limited is an India-based holding company. The Company is a film entertainment company, which is engaged in the motion picture exhibition in cinemas. The Company has organized its operations into three business segments: Movie exhibition, Movie Production & Distribution, and Others. Its Others segment includes bowling, gaming and restaurant. The Company is also engaged in in-cinema advertisements/product displays and sale of food and beverages at cinema locations. The Company offers technologies, including 4DX Technology, which stimulates the senses with effects, such as seat motion, wind, rain, fog, lights and scents to match the audio and video in both two-dimensional (2D) and three-dimensional (3D); IMAX, which provides a viewing technology with optimized sound and projection system, and Playhouse, which is designed for kids. The Company operates a network of approximately 550 screens spread over 120 properties in approximately 50 cities across the country.
  • TickerPVR
  • ISININE191H01014
  • ExchangeNational Stock Exchange of India
  • SectorTravel & Leisure
  • CountryIndia

An unfavourable environment weighs on PVR LTD., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of PVR LTD. (IN), active in the Recreational Services industry. As regards its fundamental valuation, the title still shows 2 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date June 26, 2020, the closing price was INR 1,026.70 and its target price was estimated at INR 713.09.

PVR Limited: 1 director sold

A director at PVR Limited sold 9,828 shares at 1,503.486INR and the significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board ...

Rohit Dokania

PVR's Q3FY20 results (Neutral) - South circuit drags; Screen addition target on track…

Q3FY20 Results Highlights (ex Ind-AS 116) Rev. growth of ~8.6% yoy was in-line with our expectations. Q3 was expected to be weak given strong base quarter performance and drag in Southern movie circuit. EBITDA stood at ~Rs1.8bn (+9.7% yoy; 6% beat) due to lower op. costs, with margins improving ~20 bps yoy to 19.7% (IDFCe: 18.8%). Lower tax rate (36.5% vs 37.8% yoy) led to PAT growth of ~14.2% yoy (26% beat). Exhibition Segment (Actuals): NBOC grew ~6.4% yoy – gross ATP fell ~1% yoy to ~Rs210; occupancy fell to 33.4% (vs 35.6% yoy); footfalls were flat yoy at 25.9m. F&B revenue grew 12.6% ...

Aliasgar Shakir

MOSL: PVR (Buy)-Weak southern performance drags earnings

(PVRL IN, Mkt Cap USD1.4b, CMP INR1898, TP INR2250, 18% Upside, Buy) ** PVR's third-quarter earnings were below estimates with revenue/EBITDA (pre-Ind-AS 116) miss of 8%/14%. Although Bollywood/Hollywood movie performance was good, the southern region performance was low contributing ~25%. ** PVR's SSSG has remained weak at 2%, coupled with weak ad revenue growth. However we have maintained estimates on the back of healthy movie pipeline and screen adds. Revenue/EBITDA miss estimates** Consol. revenue increased 8.6% YoY (-5.9% QoQ) to INR9.2b (8% miss). ** On a pre-Ind AS 116 basis, EBITDA...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

PVR Limited: 1 director sold

A director at PVR Limited sold 9,828 shares at 1,503.486INR and the significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board ...

Rohit Dokania

PVR's Q3FY20 results (Neutral) - South circuit drags; Screen addition target on track…

Q3FY20 Results Highlights (ex Ind-AS 116) Rev. growth of ~8.6% yoy was in-line with our expectations. Q3 was expected to be weak given strong base quarter performance and drag in Southern movie circuit. EBITDA stood at ~Rs1.8bn (+9.7% yoy; 6% beat) due to lower op. costs, with margins improving ~20 bps yoy to 19.7% (IDFCe: 18.8%). Lower tax rate (36.5% vs 37.8% yoy) led to PAT growth of ~14.2% yoy (26% beat). Exhibition Segment (Actuals): NBOC grew ~6.4% yoy – gross ATP fell ~1% yoy to ~Rs210; occupancy fell to 33.4% (vs 35.6% yoy); footfalls were flat yoy at 25.9m. F&B revenue grew 12.6% ...

Aliasgar Shakir

MOSL: PVR (Buy)-Weak southern performance drags earnings

(PVRL IN, Mkt Cap USD1.4b, CMP INR1898, TP INR2250, 18% Upside, Buy) ** PVR's third-quarter earnings were below estimates with revenue/EBITDA (pre-Ind-AS 116) miss of 8%/14%. Although Bollywood/Hollywood movie performance was good, the southern region performance was low contributing ~25%. ** PVR's SSSG has remained weak at 2%, coupled with weak ad revenue growth. However we have maintained estimates on the back of healthy movie pipeline and screen adds. Revenue/EBITDA miss estimates** Consol. revenue increased 8.6% YoY (-5.9% QoQ) to INR9.2b (8% miss). ** On a pre-Ind AS 116 basis, EBITDA...