Connplex Cinemas opened a new 4-screen cinema with 279 seats at Center Point, Adani Shantigram, Ahmedabad, Gujarat. The facility is equipped with cutting-edge technology, including advanced Dolby 7.1 audio and high-performance sound systems and screens. This expansion aims to enhance the cinematic experience for patrons in the region.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the cinema is now operational, adding to its footprint in the exhibition sector.

Key Details of the New Cinema

The Managing Director, Anish Tulshibhai Patel, signed the intimation regarding the opening. The company, formerly known as VCS Industries Limited, continues to focus on upgrading its infrastructure with modern technology.

Connplex Cinemas Limited announced its audited standalone financial results for the year ended March 31, 2026, reporting strong growth across revenue and profitability. The Board of Directors approved the results at a meeting held on May 12, 2026. Subsequently, the company published the results in newspapers on May 13, 2026, pursuant to Regulation 30 & 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements were published in the Financial Express (English) and Ahmedabad Express (Gujarati).

Revenue from operations for FY26 stood at ₹14,752.06 Lakhs, a significant increase of 54.29% compared to ₹9,560.95 Lakhs in FY25. Profit After Tax (PAT) for the year rose by 37.44% to ₹2,607.92 Lakhs from ₹1,897.46 Lakhs in the previous year. The company reported a total income of ₹15,010.36 Lakhs for FY26, up from ₹9,578.17 Lakhs in the prior year.

Financial Performance

The company delivered robust operational metrics during the fiscal year. For the half year ended March 31, 2026 (H2FY26), revenue from operations grew by 51.97% year-on-year to ₹8,346.07 Lakhs. Net profit for H2FY26 increased by 38.84% to ₹1,302.54 Lakhs. EBITDA for the half year reached ₹1,707.32 Lakhs, reflecting a 26.95% YoY growth. The full-year EBITDA stood at ₹3,492.87 Lakhs, up 33.11% from ₹2,624.14 Lakhs in FY25.

Operational Expansion

Connplex Cinemas significantly expanded its footprint during FY26. The company opened 47 new screens during the fiscal year, comprising 21 in the Express Model, 10 in the Signature Model, and 16 in the Luxuriance Model. As of March 31, 2026, the company operates 41 cinemas comprising 113 screens and 9,797 seats across 9 states. The company utilises an asset-light franchise model (FOFO & FOCO), focusing on Tier 2 and Tier 3 markets.

Footfalls (admits) for FY26 grew 63% to 27.63 Lakhs compared to 16.96 Lakhs in FY25. Average Ticket Price (ATP) increased by 6% to ₹264, while Spend Per Head (SPH) rose by 14% to ₹95. Management highlighted a robust pipeline of over 230 upcoming screens across FY27–FY28.

Financial Health

The company maintained a strong financial position with a near debt-free balance sheet. Total assets as at March 31, 2026, stood at ₹17,400.42 Lakhs, compared to ₹6,124.04 Lakhs in the previous year. Shareholders' funds increased substantially to ₹13,432.35 Lakhs from ₹2,464.87 Lakhs. Cash and cash equivalents at the end of FY26 stood at ₹1,156.58 Lakhs.

Regarding its Initial Public Offer (IPO), the company raised ₹9,027.00 Lakhs. As at March 31, 2026, total funds utilised stood at ₹4,519.05 Lakhs, with ₹4,507.95 Lakhs remaining unutilised and parked in fixed deposits and monitoring accounts. No dividends were declared during the year.