PVRINOX Tailwind: Dhurandhar 2 Hits Rs 1,680 Cr Worldwide

Dhurandhar 2 has become the first Hindi film to cross Rs 1,000 crore net in India, with worldwide gross at Rs 1,680 crore by Week 3. The film is now chasing Pushpa 2's lifetime record, needing roughly Rs 187 crore more. This signals a strong revival of theatrical demand for Hindi cinema.

Multiplex operators have struggled with inconsistent Hindi content pipelines post-COVID, and a homegrown Rs 1,000 crore+ Hindi grosser materially lifts FY26 box office estimates. Sustained footfalls drive high-margin F&B and ad revenues, which are the real profit pools for exhibitors. The hit also reduces dependence on South dubbed content for theatrical economics.

PVRINOX is the primary listed beneficiary via box office share, F&B and advertising upside in Q1FY27. Zee, Sun TV and Saregama have indirect exposure via satellite/music/streaming rights cycles. Production-side names are largely unlisted, limiting direct equity plays.

Watch PVRINOX Q1FY27 commentary on average ticket price, occupancy and SPH; track whether the Hindi slate momentum continues into upcoming releases. A break above recent swing highs on volume would confirm institutional re-rating. Risk: any softening in occupancy data or weak follow-up releases would cap upside.

• •First Hindi film to surpass Rs 1,000 crore net in India
• •Worldwide gross at Rs 1,680 crore by Week 3
• •Needs ~Rs 187 crore to overtake Pushpa 2's lifetime collection
• •Directed by Aditya Dhar, starring Ranveer Singh