Pritish Nandy Communications has been twice listed by Deloitte Touche among the fastest growing media companies in the Asia Pacific region. Though it is still very small by global standards, with a turnover of Rs 425 million and a market capitalisation of around Rs 1 billion, it is currently poised for significant growth as Bollywood goes international and new opportunities open up for the world’s biggest movie industry. With annual ticket sales of 3.8 billion, Bollywood has already outstripped Hollywood and its rate of growth is challenged only by the Chinese film industry. Audiences are rapidly growing. Multiplexes are swiftly multiplying. DVD sales are doubling every year and with analysts predicting a 50 per annual growth rate for the industry over the next ten years, PNC looks all set to fulfil its promise as India’s hottest movie brand. |
