MoneyWorks4Me

PVR plans to add over 100 more screens by next fiscal

27 Jan 2017 Evaluate

PVR is scouting for more acquisition opportunities as it plans to add over 100 more screens by the end of next fiscal. Last year, PVR acquired 32 screens of DT Cinemas from realty major DLF for a total consideration of Rs 433 crore.

PVR is the largest and the most premium film and retail entertainment company in India. The company is engaged in the business of film exhibition. The company operates other business such as providing content, film distribution and Entertainment Park through its subsidiaries. PVR now operates the largest multiplex network with 569 screens at 123 properties in 48 cities pan India.

Peers
Company Name CMP
PVR Inox 1327.15
Saregama India 485.50
Shemaroo Entertain. 103.65
UFO Moviez India 55.18
Tips Music 636.35
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