PVR INOX plans nearly 1,000 new screens in five years, targeting tier-II and tier-III cities
The multiplex chain is pursuing asset-light and franchise-led growth, with about 100 screens planned this year and roughly 250 next year. It is also seeking to lift alternate-content occupancy contribution to nearly 3% from 1.6% last year.
PVR INOX plans nearly 1,000 new screens in five years, centred on asset-light and franchise expansion in tier-II and tier-III markets. The multiplex operator reported stronger occupancy and ticket pricing, while targeting higher alternate-content contribution and preserving capital as a net-cash company.
Why this matters
The expansion plan follows PVR INOX's return to Q1 FY27 profit, ₹1,622 crore quarterly revenue, and its earlier target to add up to 100 new screens in FY27.
Store-opening is steady, with 1,430 signals recorded in the past 90 days.