Lights, Camera, Expansion! PVR INOX's Rs 200 Cr Bet on 100 New Screens

PVR INOX has announced plans to add 100 new screens during FY26, with an estimated investment of Rs 175–200 crore, leveraging an asset-light and franchise-owned company-operated (FOCO) model. Of these, approximately 40% will be located in Southern India, a key focus area for the multiplex major.

As of now, 20 screens have already been launched, with 80 more in the pipeline.

“We plan to add 100 screens in FY26. Out of these, 20 have been opened so far, and 80 more are scheduled to launch,” said Sanjeev Kumar Bijli, Executive Director of PVR INOX. “Nearly 50% of these will follow the asset-light and FOCO strategy, allowing us to expand efficiently while keeping capital expenditure optimized.”

At an average cost of Rs 3.5 crore per screen, the total projected investment stands at Rs 350 crore, although PVR INOX’s direct outlay will remain within the Rs 175–200 crore range, thanks to the asset-light model.

The FOCO strategy has been instrumental in enabling the company’s penetration into tier-2 and tier-3 cities, fueling its growth across emerging markets. As part of its southern India expansion, PVR INOX will inaugurate a new four-screen multiplex in Hyderabad this week and aims to add 40 screens in the region by the end of the fiscal year.

News by Rahul Yelligetti.