Cinemax, one of India's largest multiplex chains, is in the process of adding 30 new screens to its existing 105 screens across India in the next six to eight months. The new screens, would be located mostly in the western and southern States, and would entitle an investment of Rs 45 crore.
The exhibition theatre chain expects to clock revenues of about Rs 245 crore this fiscal, as compared to Rs 180 crore last fiscal on the back of some forthcoming releases such as Tees Maar Khan and Gulliver's Travel, a 3D Hollywood flick, scheduled later this month. In the next fiscal, the company expect a 30-40 per cent revenue growth, with 22 B plus and A plus Bollywood releases and 21 English movies, mostly 3D action flicks, lined up for the year. Also, the 30 new screens will make significant contributions to the revenues.
The multiplex chain is looking for acquiring small, regional chains and standalone multiplexes, as part of an industry trend involving the four or five major players looking at consolidating their networks through acquisitions. crackcrack
| Company Name | CMP |
|---|---|
| PVR | 934.65 |
| Saregama India | 330.95 |
| Shemaroo Entertain. | 99.41 |
| Balaji Telefilms | 98.22 |
| UFO Moviez | 69.77 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: