- Business
- PVR INOX Limited operates as one of India's largest multiplex chains, formed in 2023 through the merger of PVR Cinemas and INOX Leisure. The company provides a comprehensive range of cinema exhibition services including multiplex movie theaters equipped with advanced formats such as IMAX, 4DX, Dolby Atmos, Barco Series 4 4K laser projection through its partnership with Cinionic, and Directors Cut premium screens. Its offerings also include film distribution and motion picture production through its distribution arm PVR INOX Pictures, which has been aggressive in regional and international content acquisition and distribution. Additionally, PVR INOX operates food courts in collaboration with partners such as Devyani International and runs cinema advertising through strategic partners like Khushi Advertising in South India.
The company serves diverse customer segments across metropolitan, tier-2, and tier-3 cities in India, operating over a thousand screens across various locations including recent expansions such as a 10-screen megaplex in Mumbai and new multiplexes in Sikkim. PVR INOX targets the entertainment, film exhibition, and advertising sectors, with strong presence in domestic Indian markets and ambitious growth plans in smaller towns. The company is headquartered in Gurugram, India and leverages its legacy brands PVR and INOX, both well-established in the Indian multiplex industry.
Recent developments include PVR INOX turning profitable in Q2 FY2026, reporting a net profit of ₹10.55 crore with significant revenue growth driven by promotional activities, operational efficiencies, and a rise in footfalls. The company expanded its multiplex network including launching new multiplexes in strategic locations such as Borivali East, Mumbai and Gangtok, Sikkim. It has also enhanced its film distribution slate with a focus on regional cinema and international films through PVR INOX Pictures. Furthermore, the company secured a five-year exclusive cinema advertising sales partnership with Khushi Advertising Ideas Pvt. Ltd to strengthen its market position in South India.
PVR INOX is a consumer entertainment business under the broader INOX Group, which is a diversified industrial conglomerate engaged also in industrial and medical gases manufacturing and cryogenic equipment production. The merger creating PVR INOX has strengthened its competitive positioning, enabling efficiencies in marketing, IT, and brand presence as India’s premier multiplex operator and the fifth-largest listed cinema chain globally. The company continues to innovate with new product offerings and operational expansions to consolidate its foothold in the film exhibition and entertainment industry across India.