Shah Rukh Khan, Mahira Khan and Nawazuddin Siddiqui starrer ‘Raees’ was released on 25 Jan 2017. Its clash with Hrithik Roshan’s Kaabil was touted as the biggest Bx Office clashes of all time, however, Raees won it comfortably in the end. Despite being an average delayed film, Raees worked at Box Office due to Shah Rukh Khan’s star power. It becomes the highest grosser of January beating the lifetime collection of the films like Airlift and Agneepath. Let’s have a look at Raees lifetime collection and box office verdict.
Raees Lifetime Collection: Important Milestones
Raees 1st Day Collection: 20.42 crores
Raees 1st Weekend Collection: 59.83 crores (3 days)
Raees 1st Week Collection: 105.01 crores (7 days)
Raees 2nd Week Collection: 28.13 crores
Raees Lifetime collection (domestic): 138 crores
Raees Lifetime collection (Overseas): $14 M (96 crores)
Total Collection: Budget, Revenue and Profit/Loss
Cost and recovery
Production Cost: 100 crores
Prints and Publicity Cost: 20 crores
Total Costs to Recover for Producers: 120 crores
India Theatrical Distributor Share: 62 crores
Overseas Distributor Share: 46 crores
Satellite Rights: 45 crores
Music Rights: 10 crores
Branding and merchandising: 10 crores
Netflix: 45 crores (Digital rights)
The domestic rights of the movie were sold to AA films (Anil Thadani) for 70 crores. The overseas rights were sold to Zee for 30 crores.
Profit/loss for producers= (Revenue) – (Budget+ promotion cost) = (70+30+45+10+10+45) – (120) = 90 crores (Red Chillies and Excel Entertainment made 90 crores profit)
Profit/loss for distributors (domestic) = 70 – 62 = 8 crores ( Loss)
Profit/loss for distributors (overseas) = 30 – 46 = -16 crores (Profit)
The producers have made huge profits despite film’s average performance at the Box Office. Raees has performed well in overseas despite its local flavour. This shows SRK’s dominance in overseas.
Raees Worldwide Collection (Nett & Gross), Box Office Verdict
Raees worldwide Box Office collection (nett): 138 crores + 96 crores = 234 crores
Raees worldwide Box Office collection (gross): 190 crores + 96 crores = 286 crores
Final Verdict: Semi Hit (Profitable for producers but losses for distributors)
Raees Lifetime Collection: Highlights
- Raees is Shah Rukh Khan’s 7th movie to cross 100 crores mark at the domestic Box Office. He now has second most 100 crore movies along with Akshay Kumar. Salman Khan has the highest number of 100 crore movies (10).
- Raees is Shah Rukh Khan’s third highest grosser after Chennai Express and Dilwale.
- Highest grossing movie of January beating films Airlift and Agneepath.