Cineline India Limited Q4 FY26 Results

FY26 marked another important year in Cineline’s growth journey, supported by improving industry dynamics, revival in audience demand and disciplined execution across operations and expansion. The theatrical exhibition industry continued its recovery momentum during the year, driven by a broader and more consistent content slate across Hindi, Hollywood and regional cinema, with audience preference increasingly shifting towards theatrical-first releases and experience-led movie consumption. Due to this, Cineline delivered healthy operating performance during the year. During FY26, the Company reported highest-ever revenues of INR 24,205 Lakh on a Pre IndAS basis, up 14% YoY, while EBITDA also reached an all-time high of INR 3,565 Lakh with EBITDA margins at 14.7%, expanding by a significant 320 basis points. Cineline also recorded its highest-ever ATP of INR 259 and SPH of INR 105, reflecting strong premiumization trends and improving consumer spends. Admissions for the full year stood at 68.6 Lakhs, while Net Box Office Collections and Net F&B Collections grew 8% and 21% respectively, highlighting the Company’s ability to consistently drive higher consumer spends through a premium yet accessible positioning strategy. The last few years tested the entire cinema industry. Despite the evolving environment, we are pleased with the progress over the last four years, with EBITDA expanding ∼6x between FY22 and FY26 and Cineline turning PAT positive in FY26. Between the same period, the Company also expanded its screen portfolio by nearly 4x, from around 23 screens to 85 screens currently, reflecting the successful execution of its calibrated and capital-efficient growth strategy. Building on this momentum, Cineline is targeting ~20–25 new screen additions for FY27. We remain encouraged by the depth and diversity of the upcoming content slate for FY27, with several marquee releases expected to support sustained momentum in footfalls and occupancies.