Inox Leisure Ltd is a multiplex movie theatre chain operator based in Mumbai, Maharashtra. It was founded in 1999 and currently runs 670 screens across 159 multiplexes in India. The company also has a megaplex at the Inorbit Mall in Malad, Mumbai. The megaplex is a theatre with ScreenX and MX4D theatre effects. It has other exciting offerings, such as the Bigpix (a giant screen theatre), LEED Gold (theatre run on solar and captive wind energy), the CLUB experience for discerning guests, and Kiddles for younger audiences.
With a market capitalisation of Rs 6,407 crore (as of November 14, 2022), the company is one of the most powerful entities in India’s media and entertainment industry. Inox Leisure Ltd is listed on the Bombay Stock Exchange with the code 532706 and the NSE with the symbol INOXLEISUR.
In the second quarter of 2022 (June), the company’s revenue was Rs 582 crore, up 83% from the previous quarter, while in the September quarter, its revenue fell by 36% to Rs 374 crore. It earned a profit of Rs 57.09 crore in the June quarter of 2022, and its net profit dropped to Rs -40.37 crore in the September quarter of 2022. Inox Leisure Ltd has been maintaining a positive operating profit margin since December 2021 and closed the June 2022 quarter with an operating profit margin of 23.20%.
Inox Leisure Ltd’s share price on November 14, 2022, closed at Rs 521.95 on the NSE and at Rs 522.0 on the BSE. If we look at Inox Leisure Ltd’s stock price history, we’ll find that the prices have risen by 44.85% over the past three years and by 18.92% in one year. The share’s 52-week high was Rs 619.35, and the 52-week low was Rs 37.70.
As of September 2022, promoters own 44.04% of the company shares, 23.97% of the shares are held by mutual funds, foreign institutional investors own 18.77% of the company shares, followed by retail and others with 12.88% shares.
Alok Tandon is the CEO of Inox Leisure Ltd. Anand Vishal is the chief of operations, Kailash B Gupta is the chief financial officer, and Girija Balakrishnan, Higreve Khaitan, and Vishesh Chander Chandiok are the independent directors.
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