PVR Inox Board Approves Rs. 300 Crore Share Buyback At Rs. 1,450 Per Share; Check Record Date And Process

PVR Inox board has approved a proposal to buy back up to 20.6 lac fully paid up equity shares at Rs. 1450 apiece which totals to 300 crore payable in cash.

The buyback will be carried out through the tender offer route on a proportionate basis, as per SEBI's Buy-Back of Securities regulations. This is the company's first-ever share buyback since the PVR-Inox merger.

The buyback size represents approximately 4.09% of the company's fully paid-up equity share capital and 4.07% of its free reserves, based on the audited financial statements for the year ended March 31, 2026. The approved size excludes transaction-related expenses such as brokerage, applicable taxes, securities transaction tax, GST, stamp duty, filing fees, legal and advisory charges, intermediary fees, and public announcement and printing costs.

Record Date And Process

The company has fixed September 4th as the record date for determining shareholder eligibility DAM Capital Advisors Ltd, a SEBI-registered merchant banker, has been appointed as manager to the buyback.

A dedicated buyback committee has also been created to look after the process and has been provided the necessary powers to undertake related actions.

PVR Stock Reaction

PVR Inox shares closed 1.22% lower at Rs. 1,206 on the NSE after the announcement. The stock had earlier hit a 52-week high of Rs. 1,283 on August 25, up around 43% from its 52-week low of Rs. 900.05 recorded on March 2, 2026.

PVR Q1 FY27 Performance

For the June quarter. PVR Inox reported a consolidated profit after tax of Rs.56.5 crore in Q1 FY27, against a loss of Rs. 54.5 crore in the year-ago quarter.

Revenue from operations rose 11.9% YoY to Rs .1,622.2 crore from Rs .1,449.6 crore. EBITDA grew 30.9% YoY to about Rs.529 crore, with EBITDA margin expanding to 32.58% from 27.85% a year earlier.

Admissions during the quarter stood at 36.6 million, up 8% YoY, while average ticket price rose 8% to Rs. 273 and spend per head increased 9% to Rs. 161.