PVR INOX Limited has informed the Exchange about opening of 4 screen multiplex at SMR Vinay Mall, Ambedkar Nagar, Hafeezpet, Hyderabad, Telangana.
PVRINOX · price
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PVR INOX has opened a 4-screen multiplex with 849 seats (800 standard and 49 premium recliners) at SMR Vinay Mall in Hafeezpet, Hyderabad, under its self-owned Capex model. The property features 4K projection, Dolby ATMOS sound, Harkness screens, and a 3D system. With this launch, PVR INOX now operates 1,747 screens across 353 properties in 111 cities in India and Sri Lanka, maintaining its position as India's largest cinema exhibition company. Management highlighted Hyderabad as a key market and reiterated its strategy of investing in self-owned, premium cinema destinations in high-growth urban areas.
This is a routine network expansion with a small screen addition that is unlikely to materially move the stock, but signals continued capex commitment and growth focus in key urban markets. The 'Capex by PVR' model means the company has invested its own capital, which may put modest pressure on short-term capex outflows but strengthens long-term revenue potential.