Jul 18, 2024 02:25 PM
Praveg
SECTOR : Hotels & Restaurants | BSE :531637 |
FY24 Financial Highlights:
Q4FY24 Financial Highlights:
Commenting on the results, Chairman Vishnu Patel remarked, "Our operational resorts have garnered an exceptional response from our esteemed guests, who have expressed tremendous appreciation for the unparalleled hospitality we offer. I am elated by the progress we are witnessing. Each new property development infuses our team members with a renewed sense of enthusiasm and purpose, allowing them to witness firsthand the remarkable achievements they are capable of realizing.
"Our strategic focus remains on attaining exemplary results across both our hospitality and exhibition segments, while concurrently emphasizing prudent cost minimization. As we look ahead to FY25, we are strategically positioned to leverage the development of new resorts and properties, expanding our total number of operational rooms from 636 in FY24 to over 1,300 rooms. Our objectives are ambitious yet attainable, aiming to augment our occupancy levels to between 45% and 50%.
These concerted efforts are poised to yield auspicious outcomes for our overall performance this year, propelling our operations to unprecedented heights of success and excellence."
Financials( ₹ in Cr) | Praveg Ltd | Indian Hotels Co Ltd | EIH Ltd | Chalet Hotels Ltd | Lemon Tree Hotels Ltd |
---|---|---|---|---|---|
Price | 804.55 | 583.60 | 409.20 | 769.90 | 143.99 |
% Change | -0.54 | -4.30 | -3.25 | -8.50 | -1.82 |
Mcap ₹ Cr | 2,077.83 | 83,071.49 | 25,589.89 | 16,791.52 | 11,407.55 |
Revenue TTM ₹ Cr | 84.48 | 6,768.75 | 2,193.47 | 1,128.47 | 874.99 |
Net Profit TTM ₹ Cr | 28.43 | 1,201.59 | 520.90 | 183.29 | 140.54 |
PE TTM | 153.97 | 67.19 | 40.11 | 61.36 | 77.91 |
1 Year Return | 61.22 | 51.64 | 99.03 | 70.88 | 59.72 |
ROCE | 52.95 | 15.92 | 22.16 | 9.13 | 11.51 |
ROE | 40.60 | 13.69 | 17.38 | 10.90 | 14.39 |
Equity Capital: 104.42 Cr FV: 10.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 21,424.68 | 50,451.86 |
LAST 3M | 100,072.29 | 51,097.20 |
LAST 6M | 183,053.48 | 43,859.44 |
LAST 12M | 309,832.68 | 84,987.81 |
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 shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Praveg Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 18, 2024 02:25 PM the closing price of Praveg was Rs.804.55.
The latest PE ratio of Praveg as of Jul 18, 2024 02:25 PM is 153.97
The latest PB ratio of Praveg as of Jul 18, 2024 02:25 PM is 0.14
The 52-week high of Praveg share price is Rs. 1,300.00 while the 52-week low is Rs. 450.00
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Jul 18, 2024 02:25 PM, the market cap of Praveg Ltd stood at Rs. 2,077.83 Cr.