PVR INOX nears net cash positive as Tier-II expansion continues
PVR INOX Limited, a cinema chain in India, is projected to achieve net cash positive status, driven by improved operating cash flow. The company plans to expand into India's Tier-II cities and leverage content momentum to reach its FY27 growth targets.
Key Takeaways
- CFO Gaurav Sharma said PVR INOX is close to becoming net cash positive.
- Improving operating cash flow is backing that shift.
- The company is expanding into India’s Tier-II cities.
- PVR INOX is linking its FY27 growth targets to content momentum and Tier-II expansion.
Why It Matters
PVR INOX’s near-term cash position is improving, which gives the cinema chain more room to fund expansion without relying as heavily on external financing. The company is pairing that with a push into Tier-II cities and a stated dependence on content momentum for FY27 growth. For streaming executives and investors, the signal is straightforward: theatrical exhibition in India is still being framed around cash generation, geography, and release volume rather than broad platform expansion. The next marker to watch is whether PVR INOX actually turns net cash positive while continuing its Tier-II rollout.
Read full article at cnbctv18.com
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