PVR Inox has been reviewed by multiple brokerages, each providing a different perspective on the stock’s outlook. Here’s a summary of the latest target prices, ratings, and key takeaways based on your inputs.
| Brokerage | Rating | Target Price (₹) | Key Takeaways |
|---|---|---|---|
| CLSA | Outperform | ₹2,450 | – 2QFY25 revenue up 36% QoQ, EBITDA up 91% QoQ – Strong admissions and movie ticket sales growth – Continued expansion with 1,745 screens |
| BofA | Buy | ₹1,860 | – Healthy Q2 with in-line revenues and profitability beat – Strong Q3 expected due to movie release slate – Raised TP from ₹1,820 to ₹1,860 |
Brokerage Insights on PVR Inox:
- CLSA: Outperform, Target Price ₹2,450
CLSA has rated PVR Inox “Outperform” and raised its target price to ₹2,450. In 2QFY25, PVR Inox reported a 36% quarter-on-quarter (QoQ) revenue growth, driven by a 41% jump in movie ticket sales. EBITDA rose by 91% QoQ, exceeding expectations. CLSA also highlighted the company’s continued expansion, now operating 1,745 screens after adding 66 new screens in the first half of FY25. Despite slight cuts to revenue and EBITDA estimates for FY25-27, CLSA remains optimistic about the company’s growth trajectory. - BofA: Buy, Target Price ₹1,860
Bank of America (BofA) has maintained its “Buy” rating on PVR Inox, raising the target price to ₹1,860 from ₹1,820. The Q2 results showed healthy performance with revenues in line with expectations and a beat on profitability. BofA expects an even stronger Q3, driven by a favorable movie release slate, positioning PVR Inox for solid growth in the near term.
Conclusion: Positive Long-Term Outlook
PVR Inox has received positive reviews from both CLSA and BofA, with target prices of ₹2,450 and ₹1,860, respectively. The stock’s future growth is expected to be driven by strong revenue from movie ticket sales, profitability improvements, and continued expansion in screen count. Investors should consider PVR Inox’s solid performance in Q2 and the strong outlook for Q3 as key factors in their investment decisions.
Disclaimer: Stock market investments are inherently subject to risks, including the potential loss of principal. Past performance is not indicative of future results. Investors are advised to conduct their own research and consult with a certified financial advisor before making any investment decisions. The information provided in this article is for educational and informational purposes only and should not be considered financial advice. The publisher and author are not responsible for any investment losses that may occur based on the information contained in this article.
