Mumbai-headquartered PVR INOX is the fifth-largest listed multiplex chain globally. It is India’s largest film exhibitor and multiplex chain operator, with its presence in the exhibition industry for over 26 years.
PVR has been consistently increasing its screen count by resorting to strategic investments and acquisitions. It acquired Cinemax Cinemas in November 2012, DT Cinemas in May 2016, and SPI Cinemas in August 2018.
On February 6, 2023, PVR Cinemas completed the merger with INOX Leisure Ltd, and the amalgamated entity was renamed as PVR INOX Ltd with effect from April 20, 2023.
The company has over 180 million patrons and provides a platform to showcase film and non-film content.
Priya Village Roadshow (PVR) was incorporated in April 1995 as a 60:40 joint venture between Priya Exhibitors Private Ltd and Australia’s Village Roadshow Ltd. The company aimed to ensure the return of families to movie theatres, hit by piracy and home viewing as also poor infrastructure, by establishing multiplexes.
The company started commercial operations in June 1997.
In 2006, PVR Cinemas was listed on the National Stock Exchange (NSE) after a successful initial public offering (IPO)that brought in funds worth ₹125 crore, earmarked for ambitious expansion plans.
PVR moved into film production in 2007 and joined hands with Aamir Khan Productions, churning out blockbuster hits like 'Taare Zameen Par' and 'Jaane Tu Ya Jaane Na'. To fund the ventures, PVR scoured for substantial equity investment and was backed up by big financial firms like JP Morgan and ICICI Venture.
Two years later, the company formed a joint venture with Thailand's Major Cineplex Group to introduce a new concept of gaming in India, opening bowling centres in Gurugram, Delhi, Bengaluru, Pune and Chandigarh.
However, notwithstanding initial successes, the subsequent releases fell short of expectation, and PVR quit film production in 2012.
In 2019, PVR expanded its international footprint in collaboration with the Shangri La Group, and opened a 9-screen multiplex at the One Galle Face Mall in Colombo, Sri Lanka.
In June 2022, PVR joined hands with French exhibitor CGR Cinemas, and introduced ICE Theatres Immersive format to India, bidding to give audiences a larger-than-life movie experience impossible to replicate in one's living room.
The company’s market capitalisation of PVR Inox Ltd stood at over ₹16,400 crore as of December 27, 2023. PVR share price has gone up nearly 30% in the last three years.
PVR runs 1712 screens housed in 360 properties across 113 cities in India and Sri Lanka and an aggregate seating capacity of 3.58 lakh seats.
After the merger of PVR Cinemas with the country’s second biggest multiplex chain INOX Leisure Ltd, the combined entity’s market share has gone up to 18% including a chunk of 43% in the multiplex segment. It accounts for around 30% of the overall box office collections in India.
Its diversified revenue stream comprises principally box office and also non-box office collections, the latter including receipts from the sale of food and beverages, income from advertisement and movie distribution and convenience charges.
As of 25 May 2026, PVR Inox share price is ₹984.90. The stock opened at ₹990.00, compared to its previous close of ₹979.80. During today's trading session, PVR Inox share price moved in the range of ₹979.00 to ₹1,005.10, with an average price of ₹992.05 for the day. Looking at its last 52-week, the stock has touched a low of ₹979.00 and a high of ₹1,005.10. On the performance front, PVR Inox share price has declined by 6.50% over the last six months and is up 0.88% on a year-on-year basis.
The market capitalization of PVR Inox is ₹9,617 Crs, with a P/E ratio of 28.9 and a dividend yield of 0.00%.