PVR-Inox Turning Into A Sizeable Player: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Motilal Oswal Report.The merger of PVR Ltd.-Inox Leisure Ltd. has led to the creation of the largest multiplex chain, equipped with over 1,600 screens and a seating capacity of 0.35 million. The merged entity with a 18% screen share and 30% box office share looks to further strengthen its leadership position and targets to add 180-200 screens annually with focus on higher growth Southern market (40% of new screens to be opened in South). Nearly 82% of the screens are to be opened in Metro and tier-I cities. The company has 160 screens under fit-outs, while ~150-160 are expected to be received for handover in FY24. Further, leveraging its wide reach and scale, the company looks to expand its food and beverage segment by upgrading product offerings at competitive pricing and by tying up with Zomato and Swiggy for delivery. Although the company targets to achieve 5% of F&B spends from the delivery, any significant contribution from this segment remains far-fetched..Click on the attachment to read the full report:.Voltamp Transformers - Key Beneficiary Of Industrial Capex Revival: ICICI Securities Initiates Coverage.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

PVR-Inox Turning Into A Sizeable Player: Motilal Oswal

The merged entity with a screen presence of over 1,600 enjoys a dominant position within the multiplex space.

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