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The box office data for 2023 is here and it paints a clear picture of how the year gone by was for the Indian film industry. According to the Ormax box office report 2023, Indian box office grossed Rs 12,226 cr last year, making it the first-ever year to cross Rs 12,000 Cr mark. In 2019, the Indian film industry box office was at Rs 10,948 Cr gross.
According to the report, Hindi cinema saw its best-ever year in 2023, with a gross box office of Rs 5,380 Cr, crossing the Rs 5,000 cr mark for the first time. Hindi cinema’s box office share (44%) reached the pre-pandemic level of 44%, up from 33% in 2022. While Tamil and Telugu languages held on to their share, Hollywood and Kannada cinema lost their share compared to 2022, moving down from 12% to 9%, and 8% to 3%, respectively.
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“While more than 1,000 films released in the year 2023, just the top 10 films contributed 40% of the year’s total box office. Shah Rukh Khan’s Jawan was the highest-grossing film of 2023, with gross box office of Rs 734 cr,” the report stated.
Interestingly, Shah Rukh Khan had three releases last year, Jawan, Pathaan and Dunki and the combined gross collections stand at a staggering Rs 1,622 cr.
The top four films of 2023 were all original Hindi language films–Jawan, Ranbir Kapoor’s controversial Animal, Pathaan and Sunny Deol’s comeback Gadar 2. These films individually crossed the Rs 600 cr gross mark. Prabhas starrer Salaar: Part 1 – Ceasefire, Rajinikanth’s Jailer and Vijay’s Leo were the other three films to cross Rs 400 Cr mark at the Indian box office.
According to the report, 2023 registered 94.3 Cr (943 Million) footfalls, a growth of only 6% over 2022. Footfalls remain below the pre-pandemic level of 103.0 Cr in 2019. The area which saw a big spike was the Average Ticket Price (ATP), which grew by 9% vis-à-vis 2022, from Rs 119 to Rs 130.
“The growth is primarily an outcome of the increase in box office contribution of Hindi cinema, which operates at higher ATP compared to the South language industries,” the report noted.
While most language industries (except Hindi) struggled to hold on their 2022 performance (Tamil and Telugu showed growth of 14% and 6% respectively), Punjabi cinema resurged in 2023, with 60% growth in box office over 2022.
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