For Bollywood, 2012 was a Phenomenal Year

Nor were there too many box office disasters.

"Besides two films - 'Players' and 'Joker' - none of the films can be put into the disaster zone. These are the only two films which did very poor business," Ghai told IANS.

Trade analyst Komal Nahta gives credit to increasing acceptability of the audiences and the multiplex culture for this profitable change.

"Now we don't need 1,000 seats to fill theatres. The work is done in just 215 seats with high ticket rates," he added.

Cheering Hindi filmdom's phenomenal year, Nahta said: "This is one of the best years. I believe the industry has pushed the envelope to the next level and in the next two years we will be talking about 200 crore (club) and not 100 crore."

Nahta hopes to see fireworks at the box office in 2013 as well.

"I hope the good work keeps going in 2013 as well. We have films like 'Dhoom 3', 'Krrish 3', 'Chennai Express' and one or two films of Salman Khan; so there is a lot to look forward to in 2013," Nahta added.

Ghai predicted that 2013 "will get crazy and now we have to see how we control this".

Read: Business Events Which Made Headlines In 2012