Finally we have got a mall in our city with a multiplex..( 15 years late hi sahi.. :))... Well, Multiplex is a new destination for all..specially for the ppl who live a life packed with joy , humour, entertainment and exposure.
India has got a new success story called multiplexes.. on one side there's a real estate fall ,but on the same side we have a new story called MULTIPLEX BOOM...
About the Multiplex boom -
India is experiencing a multiplex boom over the last 5 years with more and morescreens being added every month.
India has got a new success story called multiplexes.. on one side there's a real estate fall ,but on the same side we have a new story called MULTIPLEX BOOM...
About the Multiplex boom -
India is experiencing a multiplex boom over the last 5 years with more and morescreens being added every month.
- India currently boasts of about ~500 multiplex screens ascompared to ~11,000 single-screens.
- The pace of multiplex roll-outs has been quite speedy, with 3 players reaching close to or above the 100-screen mark this year.
- High visibility of earnings:
- The sector offers a lot of potential andhigh visibility for steady cash flows given the demand - supply dynamics, which are playing out in its favor .
- Even on a very conservative basis, we expect the leading players within the exhibition space to clock a revenue CAGR of 30%-40% over the next two years.
- Supply side - improving dynamics:
- The supply of content is all set to boom with investments of~$1.7bn announced so far in the film production.
- New players are seeking to make a fresh entry into the production space
- The space has also seen real estate supply and regulatory environment improving overtime, thus helping the multiplex players post handsome CAGRs in topline in the last 4-5 years.
- Strong pull from the demand side:
- Multiplexes have been finding increasing acceptance among consumers despite the high differential in ticket prices in multiplexes as compared to single-screen theatres.
- It provides testimony to the increasing prosperity in the country as well as consumers’ willingness to pay for quality .
- Initiating Coverage:
- Existing players in the space will benefit from thisfavorable trend, with the best gains going to players with better location advantages and execution skills.
- On these two counts, PVR Cinemas and Inox Leisure have emerged as our top picks within the space.
- Real Estate Supply
- Multiplexes are often regarded as the footfall magnets for malls.
- The concept of shopping-cum-dining-cum-entertainment outing is gaining popularity among the urban populace, where multiplexesin malls become the most relevant destination choice.
- Almost all upcoming malls have a multiplexoperator as an anchor tenant.
- The pace of mall development will surely ensure availability of quality real estate for multiplex operators.
Comments
This is a way to improve others by setting a benchmark and even giving the advantage to them to get all the information here only SINGLE LINK concept :)