UFO Moviez Q1 FY27: Ad-led growth offsets pressure in exhibitor sales

Total revenue was INR 1,118 million, EBITDA was INR 189 million and PAT was INR 56 million for Q1 FY27.

Q1 FY27 operations revenue mix was Exhibitor 39% (INR 431 mn), Distributor 27% (INR 303 mn) and Advertisement 34% (INR 373 mn), versus 46%, 28% and 26% respectively in Q1 FY26.

Management cited improved theatrical momentum and positive advertiser sentiment, supported by the spillover performance of Dhurandhar and a diversified content slate, contributing to 33% YoY growth in advertisement revenue.

Ad revenue per screen averaged Rs 92,322; minutes sold per show per ad screen averaged 4.15; and advertisement sharing with exhibitors was 58.68%.

Management said receivables were under control; net debtors for Indian operations reduced from Rs 93.5 crore (Mar 31, 2026) to Rs 89.4 crore (Jun 30, 2026), with typical realization period of 120-150 days.

Management attributed the decline mainly to lower international product sales due to war-related import delays into Dubai; orders remain in hand and are expected to be executed in Q2 or by Q3 at the latest.

The company reported 3,891 advertising screens (2,565 multiplex and 1,326 single screens) across about 1,300 cities and towns in India, with annualized full-house seating capacity of about 1.7 billion.