INOX Leisure ($INOXLEISUR): Strong Performance

Key Insights

Inox posted robust Q2FY20 growth with revenue, EBITDA and PAT catapulting ~42%, ~130% and ~327%, respectively, YoY. Phenomenal content performance and sharper focus on F&B offerings drove 51% and ~49% YoY spurt in Net Box Office Collections and F&B revenue, respectively. While ad revenue grew mere ~6% YoY owing to the sluggish ad environment, 8% growth in spend per head and favourable F&B margin led to ~750bps YoY EBITDA expansion. Footfalls rose ~39% YoY with 30% occupancy.

Key Monitorables

i) time windows between theatrical & digital release

ii) any impediments to screen expansion.

Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.

Found this insight useful?

For more such insights, delivered daily in real-time for free, download the inChat app from the Play Store. Download Now!

Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.