Apr 24, 2024 11:21 AM
Praveg
SECTOR : Hotels & Restaurants | BSE :531637 |
• Total Income of Rs34 crore.
• EBITDA of Rs13 crore.
• EBITDA margin at 39%.
• Net Profit of Rs8 crore.
• Net profit margin at 24%.
• EPS (Diluted) of Rs3.55.
Commenting on the results, Chairman Vishnu Patel said, "The operational resorts are gaining significant traction across all locations. Anticipation is high for forthcoming resorts to become operational in the next 6 months, with expectations of increased occupancy and interest. Our exhibition business has made a substantial contribution to total revenues, with promising inquiries received, indicating positive prospects ahead. The exceptional on-ground professional team has played a pivotal role in accelerating our growth, efficiently overseeing resort development and management, ensuring a swift pace in delivering luxurious experiences to our customers. These collective efforts are poised to yield positive outcomes for our overall performance this year.
Looking ahead, we project our operational resorts to achieve occupancy rates of 45% to 50% in the upcoming quarter, accompanied by an average daily room rate (ADR) of Rs 9,000 to 10,500. Our ongoing commitment to nurturing our Hospitality Business remains steadfast, complemented by anticipated growth in our Events and Exhibition sector, promising to elevate our overall operations to new levels of success."
CLIENT NAME | DEAL TYPE | ACTION | DATE | AVG. PRICE | QUANTITY | EXCHANGE |
---|---|---|---|---|---|---|
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO | Bulk | Purchase | 2024-03-11 | 850 | 534171 | BSE |
PATEL ASHABEN VISHNUKUMAR | Bulk | Sell | 2024-03-11 | 850.51 | 700000 | BSE |
NK SECURITIES RESEARCH PVT. LTD. | Bulk | Purchase | 2024-01-10 | 1197.13 | 210880 | BSE |
Financials( ₹ in Cr) | Praveg Ltd | Indian Hotels Co Ltd | EIH Ltd | Chalet Hotels Ltd | Lemon Tree Hotels Ltd |
---|---|---|---|---|---|
Price | 957.00 | 604.40 | 464.80 | 886.00 | 137.00 |
% Change | -0.29 | 0.02 | -0.69 | -0.08 | 1.48 |
Mcap ₹ Cr | 2,347.81 | 86,032.23 | 29,066.92 | 19,323.66 | 10,853.77 |
Revenue TTM ₹ Cr | 84.48 | 5,809.91 | 2,018.81 | 1,128.47 | 874.99 |
Net Profit TTM ₹ Cr | 28.43 | 971.43 | 329.10 | 183.29 | 140.54 |
PE TTM | 142.40 | 73.50 | 53.00 | 79.82 | 85.44 |
1 Year Return | 102.69 | 78.29 | 172.93 | 138.33 | 62.23 |
ROCE | 52.95 | 13.63 | 15.77 | 9.13 | 11.51 |
ROE | 40.60 | 12.81 | 11.89 | 10.90 | 14.39 |
Equity Capital: 104.42 Cr FV: 10.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 19,463.02 | -6,228.06 |
LAST 3M | 77,954.71 | 28,409.22 |
LAST 6M | 138,694.84 | 74,737.91 |
LAST 12M | 215,251.82 | 194,497.84 |
Date | Action Type | Ratio |
---|---|---|
Sep 15, 2023 | Dividend | 45 |
Nov 21, 2022 | Dividend | 40 |
Praveg Ltd (Formerly known as Sword & Shield Pharma Ltd) was incorporated as a Public Limited Company on March 23, 1992 with the Registrar of Companies, Gujarat State. The Company obtained Certificate of Commencement on March 7th, 1995. Thereafter, the name of the Company changed from Sword & Shield Pharma Ltd to `Praveg Communications (India) Ltd` dated December 2, 2020. Further, the Company changed the name from `Praveg Communications (India) Ltd` to `Praveg Ltd` on November 28, 2022. Founded in year 2005, the Company is a renowned name for offering creative solutions across varied media and domains on a turnkey basis. Presently, it is engaged in business of providing services of Advertising, Hospitality, Management and Organization of Events and Exhibitions. Initially, the Company was engaged in the business of Manufacturing and Trading of Pharmaceutical and other allied Pharmaceutical Products which was closed down in the year 2015-16 by selling of the its Manufacturing Unit i.e. Factory Land and Building through Slump Sale. The Board of Directors at its meeting held on 26th April, 2017 had approved the Scheme of Amalgamation and Arrangement between Sword & Shield Pharma Limited (the Transferee Company) and Praveg Communications Limited (the Transferor Company). Pursuant to the Scheme of Amalgamation, entire investments of Praveg Communications Limited, including investments in subsidiary companies stood transferred to Praveg Communications (India) Limited (Formerly known as Sword and Shield Pharma Limited). Further, the merger of Praveg Communications Limited with Sword and Shield Pharma Limited with effect from April 1, 2016, has led to creation of Praveg Communications (India) Limited. Post-merger, the Company is a leading Advertising company in Exhibition and Event Management. It is is also into the Hospitality sector. Apart from these, it is having an in-house modern design studio, a team of qualified and experienced professionals and sophisticated event infrastructure. During the year 2020-21, the Company transferred its entire holding of 50.20% in Praveg Tourism Private Limited on September 15, 2020, and post the aforesaid transfer, Praveg Tourism Private Limited has ceased to be its Subsidiary. In year 2022, the Company acquired land at 4 locations, mainly Jawai, Velavadar, Ranthambore & Udaipur for development of high-end hospitality projects.
214 Athena Avenue S G Highway, Gota, Ahmedabad, Gujarat, 382481
Tel | : | 91-79-27496737 |
: | cs:praveg.com | |
Website | : | http://www.praveg.com |
Sword & Shield Pharma Ltd
AGM Date (Month) | : | Jul |
Face Value Equity Shares | : | 10 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 531637 |
NSE Code | : | |
Book Closure Date (Month) | : | Jul |
BSE Group | : | B |
ISIN | : | INE722B01019 |
You can buy Praveg Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Praveg Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 24, 2024 11:21 AM the closing price of Praveg Ltd was ₹ 957.00.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 24, 2024 11:21 AM, the market cap of Praveg Ltd stood at ₹ 2,347.81.
The latest PE ratio of Praveg Ltd as of Apr 24, 2024 11:21 AM is 142.4
The latest PB ratio of Praveg Ltd as of Apr 24, 2024 11:21 AM is 0.12
The 52-week high of Praveg Ltd share price is ₹ 1,300.00 while the 52-week low is ₹ 440.10