Praveg Ltd

Praveg Ltd

₹ 881 0.06%
24 May - close price
About

Incorporated in 2016 after the merger of Praveg Communications Limited with Sword and Shield Pharma limited; Praveg Communications (India) Limited is an advertising company with core competence in Exhibition and Event Management. The company is also engaged into providing services to the Hospitality sector, Publications and Real Estate marketing.
The company has set up its branches nationally and internationally.

Key Points

Business Offerings
Praveg is into Tourism, Hospitality and Event & Exhibition with more than 20 years of experience.

  • Market Cap 2,162 Cr.
  • Current Price 881
  • High / Low 1,300 / 450
  • Stock P/E 131
  • Book Value 72.8
  • Dividend Yield 0.51 %
  • ROCE 56.2 %
  • ROE 43.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 182% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 48.3%
  • Company has been maintaining a healthy dividend payout of 64.1%

Cons

  • Stock is trading at 12.1 times its book value
  • Promoter holding has decreased over last quarter: -5.02%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
17.98 21.96 3.63 8.91 15.75 16.69 20.05 17.27 28.33 18.72 11.97 14.03 32.89
10.81 14.41 2.77 5.81 7.48 9.22 11.40 7.74 11.29 9.08 7.51 10.15 20.53
Operating Profit 7.17 7.55 0.86 3.10 8.27 7.47 8.65 9.53 17.04 9.64 4.46 3.88 12.36
OPM % 39.88% 34.38% 23.69% 34.79% 52.51% 44.76% 43.14% 55.18% 60.15% 51.50% 37.26% 27.66% 37.58%
0.04 0.08 0.03 0.00 0.01 0.01 0.01 0.01 0.09 0.28 0.48 0.60 0.90
Interest 0.06 0.18 0.11 0.14 0.13 0.12 0.12 0.12 0.21 0.24 0.06 0.09 0.58
Depreciation 0.34 0.62 0.26 0.70 0.85 0.88 0.97 1.34 1.52 2.26 3.24 2.26 3.84
Profit before tax 6.81 6.83 0.52 2.26 7.30 6.48 7.57 8.08 15.40 7.42 1.64 2.13 8.84
Tax % 25.11% 23.87% 25.00% 25.22% 25.07% 27.78% 25.23% 25.12% 25.26% 30.32% 28.66% 0.94% 8.48%
5.09 5.20 0.39 1.69 5.47 4.68 5.65 6.04 11.51 5.17 1.17 2.10 8.09
EPS in Rs 2.75 2.81 0.21 0.91 2.96 2.53 3.06 3.27 5.50 2.47 0.53 0.93 3.54
Raw PDF
Upcoming result date: 27 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
5 2 1 1 0 0 0 59 60 45 45 84 78
5 2 1 1 1 0 0 55 53 29 25 40 47
Operating Profit -0 -0 -1 0 -1 -0 -0 4 6 16 20 45 30
OPM % -8% -5% -171% 4% -278% -533% 7% 11% 35% 44% 53% 39%
-0 0 0 0 1 0 0 1 0 0 0 0 2
Interest 0 0 0 0 0 0 0 0 1 0 0 1 1
Depreciation 0 0 0 0 0 0 0 0 1 2 3 6 12
Profit before tax -1 -0 -1 -0 0 -0 -0 4 5 14 17 38 20
Tax % 1% 4% 1% 23% 0% 0% 0% 28% 27% 25% 26% 26%
-1 -0 -1 -0 0 -0 -0 3 4 11 12 28 17
EPS in Rs -1.53 -0.49 -2.10 -0.47 0.45 -0.49 -0.31 5.55 2.05 5.84 6.62 13.56 7.47
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 73% 68% 91% 33%
Compounded Sales Growth
10 Years: 47%
5 Years: 390%
3 Years: 12%
TTM: -6%
Compounded Profit Growth
10 Years: 62%
5 Years: 182%
3 Years: 96%
TTM: -41%
Stock Price CAGR
10 Years: %
5 Years: 193%
3 Years: 129%
1 Year: 92%
Return on Equity
10 Years: %
5 Years: 46%
3 Years: 48%
Last Year: 43%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 5 5 5 18 18 18 21 23
Reserves -3 -3 -5 -5 -5 -5 -5 7 -4 1 9 84 144
0 0 0 1 0 0 0 6 2 4 6 2 2
1 1 1 1 0 0 0 5 8 4 5 19 15
Total Liabilities 3 2 2 1 1 0 0 22 25 27 38 126 183
1 1 1 1 0 0 0 3 3 5 8 34 67
CWIP 0 0 0 0 0 0 0 0 0 0 3 8 14
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
1 1 1 0 1 0 0 19 21 21 27 84 101
Total Assets 3 2 2 1 1 0 0 22 25 27 38 126 183

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 0 -0 -0 -1 -0 -0 3 3 14 7 25
-0 -0 0 0 1 1 0 -4 4 1 -13 -73
0 0 0 0 -0 -0 0 2 -5 -8 -2 52
Net Cash Flow -0 0 -0 0 0 0 0 1 2 7 -9 5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 39 77 239 45 0 0 48 79 47 111 70
Inventory Days 52 139 49 29 0
Days Payable 75 125 202 35
Cash Conversion Cycle 16 92 86 39 0 0 48 79 47 111 70
Working Capital Days -1 -6 -484 -113 -81 -243 72 58 61 132 117
ROCE % -33% -16% -125% -60% -51% -76% -94% 50% 34% 74% 61% 56%

Shareholding Pattern

Numbers in percentages

15 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024May 2024
74.02% 73.97% 74.17% 74.31% 65.37% 62.00% 62.00% 57.56% 55.01% 54.53% 48.18% 45.77%
0.00% 0.00% 0.00% 0.00% 0.00% 2.34% 3.01% 3.86% 5.14% 5.88% 6.52% 7.95%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.03% 0.03% 0.03% 3.41% 4.88%
25.94% 25.99% 25.79% 25.65% 34.59% 35.63% 34.96% 38.55% 39.82% 39.57% 41.88% 41.40%
No. of Shareholders 4,6644,4904,6324,3786,5177,08211,55611,23813,27617,66463,02058,993

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls