INSUBCONTINENT EXCLUSIVE:
Kotak Institutional Equities has retained buy rating on PVR and cut fair value to Rs 1,625 from Rs 1,800
The stock ended down 4.1 per cent at Rs 1,006.45 on Monday while the BSE Sensex closed -469.60 points down (-1.51 per cent) at
liquidity management and minimising cash burn, said Kotak
The brokerage expects aggressive cuts in fixed costs and expects Ebitda loss to be restricted at Rs 330-370 million/month during lockdown,
FinancialsPVR's key products/revenue segments include Income From Films which contributed Rs 1508.81 crore to sales value (54.93 per cent
of total sales); Beverages - Food which contributed Rs 757.02 crore to sales value (27.56 per cent of total sales); Income From
Advertisement which contributed Rs 329.02 crore to sales value (11.97 per cent of total sales); Fees - Other Charges which contributed Rs
133.95 crore to sales value (4.87 per cent of total sales); Other Operating Revenue which contributed Rs 16.30 crore to sales value (0.59
per cent of total sales) and Income from Films Production - Distribution which contributed Rs 1.59 crore to sales value (0.05 per cent of
total sales)for the year ending March 31, 2019
For the quarter ended December 31, 2019, the company reported consolidated sales of Rs 915.74 crore, down -5.90 per cent from last quarter
sales of Rs 973.18 crore and up 8.61 per cent from last year same quarter's sales of Rs 843.11 crore
The company reported net profit after tax of Rs 36.41 crore in the latest quarter.
