October 26, 2013

Krrish 3 Box Office Prediction. Hit or Flop?

Krrish 3 is one of the most awaited film of the year and it is touted as sure shot Gold Rush at Indian Box Office by the trade. Film has monumental expectation from all corner and it is open secret that many are expecting box office numbers to tumble this Diwali. Being it a popular Super Hero Krrish Franchise from the renowned director Rakesh Roshan Sir. Plus A-list star cast of Hrithik Roshan (as Krrish) and Priyanka Chopra and well supported by Vivek Oberoi (Kaal) and Kangana Ranaut in pivotal roles.

Hrithik Roshan will be seen at Big Screen after a long wait of nearly 21 months after 'Agneepath'. Craze is astronomical among his fans. Both the earlier Krrish Franchise 'Koi Mil Gaya' and 'Krrish' were landmark hits of that time and went onto to become Blockbuster Hits. Koi Mil Gaya was the biggest grosser of 2003, whereas Krrish was second biggest grosser of 2006, first being another Hrithik starrer 'Dhoom 2'. So, expectation are again sky high from Krrish 3 this year and is a serious contender for the top spot this year. No doubt Chennai Express has done unimaginable business at box office and it is extremely difficult for films in recent time to emulate that. But if one of those film which can challenge it is Krrish 3. So, with so much of expectations let's start the box office prediction of Krrish 3 and check whether it will be a Hit or Flop.

Note - Honestly it is extremely difficult to predict any box office numbers for such big film. And hope readers will take this post as Prediction post as anything can happen with Krrish 3. Be optimist and hope that Krrish 3 will be a benchmark film in coming years when Business of Bollywood will be discussed.

Economics of Krrish 3

Budget - It is not confirmed, but budget of Krrish 3 should be approx Rs 110-115 crore (Film Cost - Rs 90 crore. P&A - 20-25 crore).

Satellite Rights - Krrish 3 Satellite Rights are Sold for around Rs 37-38 crore.

Amount Recovered Pre-Release - Around Rs 45 crore is already recovered for Krrish 3 even before the theatrical release of the film from Satellite Rights, Music Rights, Home Video and others.

Potential - Potential of the film is huge as Krrish 3 will be released in 3800+ screens in Hindi and another 200+ screens in Tamil and Telugu. That means in ideal 100% occupancy Krrish 3 can collect in the region of whopping 40 crore in a single day.

Box Office Predictions for Krrish 3

Opening Day - Despite Krrish 3 releasing in huge 4000 screens all India, it will be a pre-diwali release and a normal working day. That means people in many parts of India will stay indoor. That means film has little chance of touching 30 crore on Opening Day. But still expect the unexpected from the audiences. Realistically around 25 crore for First Day will be a good start for Krrish 3.

Opening Weekend - Diwali falls on Sunday and we expect family audience to come out to theaters on Monday only. That means first weekend will be driven on Hrithik Roshan star power and Krrish franchise power.

Opening Weekend (3 Days) - 

If Accepted - 65-70+ crore nett.
If Mixed - 50-64 crore nett.
If Rejected - Less than 50 crore nett

First Week (7 Days) - 

If Accepted - 125+ crore nett.
If Mixed - 100-124 crore nett.
If Rejected - Less than 99 crore nett.

Lifetime Collection - 

If Accepted - 180-200+ crore nett. 
If Mixed - 130-175 crore nett.
If Rejected - Less than 125 crore nett.

Krrish 3 Theatrical Status Verdict - 

Blockbuster - 185-190+ cr nett.
Super HIT - 150-184 cr nett.
HIT - 125-149 cr nett.  
Average - 95-124 cr nett (Semi Hit - 120-124, Above Average - 115-119, Average - 105-114, Below Average - 95-104).
Flop - Below 94 cr nett.
Disaster - Below 80 cr nett.

Prediction - We think Krrish 3 will collect somewhere in the range of 190-200 crore nett in its lifetime. That means Krrish 3 has every chance of Blockbuster at box office and be the biggest Hit ever of Hrithik Roshan till date. With good word of mouth even Chennai Express Lifetime Record is in Danger. Plus, if audiences accept this film with both hands then expect unimaginable numbers at box office this Diwali.

Tell us your thought on Krrish 3 business prospect. 

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