Cineline India Limited Q3 FY26 Results

The December quarter saw a noticeable improvement in industry sentiment, supported by a stronger slate of content across releases, which helped drive footfalls and improve occupancies. Against this backdrop, Cineline delivered strong operating performance with total revenue growth of 10% YoY to INR 7,025 Lakh with ~19.2 Lakhs admissions. EBITDA for Q3 FY26 grew significantly by 33% YoY to INR 2,023 Lakh with EBITDA Margins at 28.8%, a growth of 500 bps. This performance was supported by the strong theatrical response to “Dhurandhar” and “Kantara” during Q3 FY26. Our SPH also grew by 10% to INR 103. For 9M FY26, the company was further supported by the successful performance of titles such as “Saiyaara” and “Mahavatar Narsimha”, resulting in a healthy contribution from all four films over the period. Notably, Cineline’s EBITDA for the first nine months of FY26 reached INR 4,273 Lakh, exceeding the full-year EBITDA of FY25, which stood at INR 4,222 Lakh—a clear testament to the company’s accelerating performance. Looking ahead, the content pipeline for the coming quarters appears encouraging. The industry is expected to see a steady flow of high-profile releases across Hindi and regional languages, and we believe that audience response to well-made content remains robust. Two big-ticket releases-- Dhurandhar 2, and Toxic—are set for launch, and Border 2’s recent release provided for additional box- office boost.