Shares of multiplex chain operator PVR INOX Ltd. will be in focus on Wednesday, July 16, after the Government of Karnataka proposed in a draft notification that movie ticket prices should be capped at ₹200 across th state.The rule, proposed on Tuesday, will be applicable across theatres, including multiplexes, will be language agnostic, and be inclusive of entertainment tax.
As per the draft, a time of 15 days has been give to the public for submitting feedback on this propose regulation. The proposed draft seeks to amend the Karnataka Cinemas (Regulation) Rules, 2014, under a new provision titled the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025.
PVR INOX is yet to officially respond to this proposed regulation.Ticket prices in Tamil Nadu are already capped at ₹150 but that excludes taxes and services charges and PVR is also at the liberty to potentially increase prices based on demand under dynamic pricing.
As per the draft, a time of 15 days has been give to the public for submitting feedback on this propose regulation. The proposed draft seeks to amend the Karnataka Cinemas (Regulation) Rules, 2014, under a new provision titled the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025.
PVR INOX is yet to officially respond to this proposed regulation.Ticket prices in Tamil Nadu are already capped at ₹150 but that excludes taxes and services charges and PVR is also at the liberty to potentially increase prices based on demand under dynamic pricing.
Currently, 40% of PVR INOX’s 1,761 screens are located in the southern part of the country, where the company is eyeing an expansion owing to a rise in occupancy levels in comparison to the pan-India average. The company has a total of 219 screens across 37 cinemas in the state of Karnataka.
“We’re very happy with the numbers. We’ve managed to get a good number of footfalls, a decent ticket price, and very decent F&B numbers as well,” Executive Director Sanjeev Kumar Bijli had told CNBC-TV18 in an exclusive interaction on July 2.
Shares of PVR INOX ended 1.1% higher on Tuesday at ₹991.7. The stock has declined 25% so far in 2025, underperforming the benchmark indices and broader markets alike.
