NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
After a muted Q1, PVR Inox Ltd. is set for sequential improvement from Q2 FY25. Plus, advertising income, which has been lagging pre-Covid levels should get a boost. Ahead, Q3 FY25 is expected to be a good quarter for PVR-Inox, backed by many franchise movies.
PVR’s Q3 performance may surpass its best quarter, Q2 FY24, (release of Gadar2, OMG-2 and Oppenheimer). Besides, measures to pare debt (by monetising three properties in Mumbai, Pune and Vadodara), and improve operational efficiencies by adopting an asset-light model augur well for earnings growth outlook and stock re-rating.
We introduce FY27e and retain our Buy with a raised target price of Rs 2,065 (13 times FY27e pre-Ind-AS Ebitda).
Risk: Poor content, growing penetration of OTT platforms.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
Page Industries Q2 Results Review - Better-Than-Expected Performance; Retaining A Hold: Anand Rathi
Nov 08, 2024
Jindal Stainless Get A 'Buy' As Anand Rathi Initiates Coverage
Nov 05, 2024
PVR Inox Eyes Better Margins In Second Half Of FY25 On Back Of Big Releases
Oct 16, 2024
Sequels, Rereleases, And Regional Films — PVR Inox's Holy Trinity For A Fruitful Fiscal
Oct 15, 2024
POPULAR