Cineline India posts Rs 2.7 crore loss in June quarter

Mumbai, 30 July 2025 – Cineline India Limited (NSE: CINELINE, BSE: 532807) rose nearly 5% after reporting its Q1 FY26 results. The company posted a 27% year-on-year revenue increase, improved margins, and turned debt-free following the monetization of its hotel asset.

Growth in average ticket price, higher spend per head, and stronger food and beverage revenue supported operating gains. Improved EBITDA and narrowing losses signaled efficiency. The shift to a debt-free structure enhances financial flexibility and supports its screen expansion strategy.

As of market close on July 30, 2025, Cineline ended at ₹95.48, rising ₹4.54 or 4.99% from its previous close of ₹90.94. The stock touched an intraday high of ₹95.48 and low of ₹88.95. VWAP for the session stood at ₹93.76.

Q1 FY26 Financial Highlights (Standalone)

Cineline reported a 27% year-on-year rise in total revenue to ₹4,699 lakh in Q1 FY26. EBITDA more than doubled to ₹738 lakh, with margins improving by 590 basis points to 15.7%. Losses narrowed, with PAT at ₹-270 lakh versus ₹-896 lakh a year ago. Cash PAT turned positive at ₹414 lakh, compared to ₹-353 lakh in Q1 FY25, supported by stronger operating performance.

Key Operational Metrics

Cineline reported growth across key operating metrics in Q1 FY26. Average ticket price rose 16% to ₹232, while spend per head increased 23% to ₹108. Combined, ATP and SPH stood at ₹340, up 18% year-on-year. Admissions grew 7% to 13.9 lakh. Net box office collection rose 22% to ₹2,748 lakh, and net F&B collection jumped 31% to ₹1,433 lakh. As of June 30, 2025, the company operated 19 cinemas with 77 screens across 13 cities, covering over 19,000 seats.

Strategic Milestone: Hotel Monetization & Debt-Free Status

Cineline successfully monetized its hotel asset for ₹270 crore, using the proceeds to retire ₹228 crore of debt (including hotel-linked and corporate borrowings). The company is now debt-free and plans to reinvest surplus funds into expanding its core cinema business.

CEO Commentary & Growth Strategy

Commenting on the results, CEO Ashish Kanakia said:

“Over the past two years, we have tripled our market share in Gross Box Office Collection. Since launching the exhibition business three years ago, we’ve doubled our revenue and quadrupled EBITDA. This quarter saw us outperform peers in ATP, SPH, and Gross Box Office metrics.”

He also highlighted improved operational efficiency, driven by revenue-share lease models and exiting underperforming screens. Major releases like Raid 2, Sitaare Zameen Par, and Housefull 5 contributed to robust performance.

Looking ahead, Cineline plans to open 9 new screens by December 2025 (3 in Bareilly, 2 in Chennai, and 4 in Belgaum). Over the next five years, it aims to add 100+ new screens, adopting a capital-light, revenue-share model to drive expansion without heavy capex.

About Cineline India Ltd

Cineline India Ltd, operating under the MovieMax brand and part of the Kanakia Group, re-entered the exhibition business in 2022. It currently runs 77 operational screens across 19 properties in 6 states, with 84 additional screens under tie-up. It offers premium cinematic experiences across Indian and international languages.  Cineline is listed on NSE (CINELINE) and BSE (532807).

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/1dda30a0-4c45-42c2-837f-4bb7730708da.pdf

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