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INOX Leisure planning Rs 1,500 crore capex for expansion: Report

28 May 2018 Evaluate

INOX Leisure is reportedly planning to incur a capital expenditure (capex) of Rs 1,500 crore for expansion. The company will invest the same through internal accruals, as there is enough cash already in the group to fund the expansion.

The company is leading the market in new signings in the past three years and currently it has almost 500 screens operational and another 700 signed.

INOX Leisure is amongst India’s largest multiplex chains.


Peers
Company Name CMP
PVR Inox 1575.95
Saregama India 635.15
Shemaroo Entertain. 100.00
UFO Moviez India 61.65
Tips Music 786.80
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