Visit http://indiaer.blogspot.com/ for complete details �� ��
PVR (PVRL, INR 168, BUY)
· The Exhibition business revenues were up 22.2% Y-o-Y to INR 1,062 mn (against our
estimate of INR 970 mn)
· The occupancy for Q2FY11 stood at 30% against 33% in Q2FY10
· ATP for Q2FY11 grew 10% over Q2FY10 (from INR 145 to INR 160)
· F&B SPH for Q2FY11 increased 4% as compared to Q2FY10 (from INR 38.2 to INR 39.7)
· Overall advertising income during Q2FY11 was INR 111.7 mn as compared to 102.7 mn,
higher by 9% as compared to Q2FY10
· The EBITDA margins for exhibition business dipped to 20.8% from 21.4% in Q2FY10
· PAT for exhibition business grew 30.3% Y-o-Y to INR 80 mn (against our estimate of INR
63 mn). The PAT margin for Q2FY11 stood at 7.5%.
· During Q2FY11 PVR added one more property in Phoenix United Mall, Lucknow having 6
screens and 1,847 seats. PVR now operates 142 screens at 33 locations across 18 cities.
The company is expected to commence operations in 25 screens over the next 6 months.
· The Movie production and distribution business recorded revenues of INR 290 mn
(against INR 12 mn in Q2FY10 and INR 53 mn in Q1FY11). EBIT of INR 9 mn.
· Bowling business revenue stood at INR 37 mn. EBIT of INR 10 mn.
No comments:
Post a Comment