Cineline India Limited disclosed on May 21, 2026, that a fire broke out at its cinema premises situated inside Pacific Mall in Kaushambi, Ghaziabad. The incident was brought under control by the premises' fire-fighting system, which prevented the fire from spreading further. The company confirmed that there were no human casualties resulting from the event.

Insurance Coverage and Impact

Cineline India stated that it holds adequate insurance coverage for the assets located at the affected cinema property. This coverage includes a loss of profit policy. The assessment regarding the expected quantum of loss or damage is currently in process, according to the regulatory filing.

Regulatory Disclosure Details

The company submitted the disclosure to the stock exchanges in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarizes the key details provided regarding the incident:

The company has requested the exchanges to take the information on record.

Cineline India has announced its audited financial results for the quarter and financial year ended March 31, 2026, marking a decisive return to profitability. The company recorded a net profit (PAT) of ₹1,152 lakhs for the full year, reversing a net loss of ₹6,064 lakhs in the previous year. Revenue from operations for the year grew 12% year-on-year to ₹23,670 lakhs from ₹21,062 lakhs. The Board of Directors recommended a final dividend of ₹1.25 per equity share for FY26, subject to shareholder approval, with a total dividend payout aggregating to ₹428.33 lakhs.

Financial Performance Overview

For the quarter ended March 31, 2026, the company posted a PAT of ₹332 lakhs, reversing a net loss of ₹5,601 lakhs in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹6,223 lakhs, up 13% from ₹5,501 lakhs in the corresponding prior-year quarter. EBITDA for Q4 FY26 surged 100% year-on-year to ₹905 lakhs, with an EBITDA margin of 14.3%, expanding 610 basis points. For the full year, EBITDA reached an all-time high of ₹3,565 lakhs, up 46% YoY, with EBITDA margins at 14.7%, expanding by 320 basis points. The following table summarises the key financial metrics:

Pre-Ind AS figures. Cash PAT = PAT + Depreciation

Key Operating Metrics

Cineline's operational performance in FY26 reflected strong premiumisation trends and improving consumer spends. The company recorded its highest-ever Average Ticket Price (ATP) of ₹259 and Spending Per Head (SPH) of ₹105 for the full year. Combined ATP and SPH stood at ₹364 for FY26, up 11% year-on-year. 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. The following table presents the detailed operating metrics:

As at March 31, 2026, Cineline operated 85 screens across 22 cinemas in 15 cities with over 21,100 seats. The company expanded its screen portfolio by nearly 4x between FY22 and FY26, from around 23 screens to 85 screens currently. The company also achieved a debt-free status after paying off major debt of ₹228 crores in FY25, resulting in annual savings in debt servicing costs of ₹22 crores. Total equity as at March 31, 2026 stood at ₹15,488.74 lakhs.

CEO Commentary

Commenting on the company's performance, Mr. Ashish Kanakia, CEO of Cineline India Limited, said: "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."

Mr. Kanakia further noted that EBITDA expanded approximately 6x between FY22 and FY26, and that Cineline turned PAT positive in FY26. He also highlighted the appointment of Mr. Rajeev Sharma as Joint CEO of Cineline India Limited, who brings over 30 years of leadership experience having previously worked with leading organisations including NY Cinemas, Fujifilm, Samsung Electronics, and ADF, with expertise spanning cinema exhibition, entertainment, media and technology.

Strategic Priorities and Expansion Plans

Cineline has outlined three key strategic priorities to drive the growth of its film exhibition business:

• Capital-Light Growth Model: Cineline plans to partner with developers for joint investments in new screen infrastructure, reducing annual capex while improving capital efficiency. The company recently commenced its first screen under the O&M model in Silvassa, Dadra Nagar Haveli.
• Revenue Share Model: Future screen additions will primarily follow a revenue-sharing framework, lowering upfront capex requirements and curbing fixed rental obligations, thereby enhancing financial flexibility and driving superior return ratios.
• Premium Yet Accessible: MovieMAX is focusing on superior formats, enhanced F&B offerings, and a differentiated customer experience, with plans to gradually increase premium screens and recliner-like curated formats to improve footfalls and overall profitability.

Building on its growth momentum, Cineline is targeting approximately 20-25 new screen additions for FY27, with a focus on cities like Gurugram, Bangalore, and Hyderabad. New theatres were launched in Bareilly and Chennai. Key upcoming titles for FY27 include Cocktail 2, Dhamaal 4, Ramayana, Welcome to the Jungle, Drishyam 3, Spider-Man: Brand New Day, and The Odyssey: Doomsday, among others.

Awards and Recognition

Cineline India Limited received the following industry recognitions:

The statutory auditors issued an unmodified opinion on the financial results.