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PVR eyeing to expand operations in overseas markets: Report

04 Sep 2018 Evaluate

PVR is reportedly eyeing to expand operations in overseas markets after sealing a deal to acquire a local cinema chain. The company is planning to expand operation in Saudi Arabia, while it’s also planning projects in Dubai. The company also expects to open a nine-screen multiplex at Colombo in Sri Lanka at the beginning of next financial year. The company is also aiming to build new screens in India to take its total to 1,000 by the end of 2020.

PVR is the largest and most premium film exhibition company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in the country.

Peers
Company Name CMP
PVR Inox 1329.05
Saregama India 500.40
Shemaroo Entertain. 119.75
UFO Moviez India 61.00
Balaji Telefilms 95.70
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