10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Archives : Old artciles

Thursday, September 24, 2009

PVR Ltd:Future growth outlook and prospects,a great multiplex bet

Scripscan:PVR Ltd
Bse code:532689

Story:PVR Ltd established its first Multiplex cinema in Saket, Delhi in 1997. The company operates multiplex cinema under the ‘PVR’ brand name. Its cinema circuit consists of 26 cinemas with a total of 108 screens and 27827 seats. PVR enjoyed 18 million patrons for the year ended March 2008. PVR Ltd has ventured into film distribution and production business through its 100% subsidiary, PVR Pictures. PVR Ltd has also entered into retail entertainment landscape through joint venture with Major Cineplex group.PVR Ltd is currently operating with 26 cinemas with 108 screens and 27827 seats.These cinemas are spread over Delhi, Faridabad, Gurgaon, Ludhiana, Ghaziabad, Mumbai, Bangalore, Hyderabad, Lucknow, Indore, Aurangabad, Baroda,
Chandigarh and Latur. PVR is planning to open 171 screens with 42750 screens bythe end of fiscal 2011.Over the past 3-4 years, the industry has witnessed tremendous changes; these changes have positively affected the players in the value chain- producers, distributors and exhibitors. Availability of organized funding, advent of multiplexesand increasing overseas collections has led to improved realizations for the industry.PVR has forayed into film production and distribution business through its subsidiary PVR Pictures. PVR Pictures is expected to deliver 4-6 movies every year either through production or co-production. PVR Pictures has recently raised fund through private equity placement of Rs. 120 crore with ICICI ventures and JP Morgan Mauritius Holdings limited for a 20% stake to each of the investors. PVR Ltd has proven its excellence in site selection for all its projects. Most of its properties are operating in prime locations, with large catchments areas. This helps company to generate consistent flow of revenue. Recent opening of Phoenix mill project in Mumbai with 7 screens will give a jump to its overall occupancy level.PVR have entered into a joint venture through 51 % holding with Major Cineplex group, a Thailand based company to ramp up its presence across the retail entertainment landscape.The joint venture will set up bowling alleys, karaokecenters, ice skating rinks and gaming zones in and around PVR’s multiplexes to offera complete entertainment experience to movie goers.We believe that PVR Ltd is the strongest player among multiplex industry, led by its continuing growth momentum. At current market price of Rs. 122/-, the stock is trading at a P/E of 9.x of FY 11E earnings of Rs. 13.5.One of the best multiplex bets and great buys.

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner