Praveg Limited · BSE:PRAVEG
Praveg — Q3 FY23 Earnings Presentation
38 slides from Praveg's earnings presentation, Feb 16, 2023
Slide 1: BSE filing cover letter for investor presentation
February 16, 2023 BSE Limited 25th Floor, P J Towers, Dalal Street, Fort, Mumbai- 400 001 Scrip Code: 531637 Dear Sirs, Sub. : Investor Presentation on Financial Performance of the Company Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Req
Slide 2: Praveg Limited Investor Presentation Q3 FY23
PRAVEG LIMITED Investor Presentation Q3 FY23
Slide 3: Disclaimer
Disclaimer This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute prospectus or placement memorandum or an offer to acquire any securities. N o representation or warranty, express or implied is made as to, and no reli
Slide 4: Company Overview
Company Overview
Slide 5: Praveg @ Glance
Praveg @ Glance Praveg Limited, established in 2005, is a well-respected name in the industry for providing comprehensive and innovative solutions in various media and domains. With a focus on quality and creativity, the company has expanded its services from Advertising and Event & Exhibition Manag
Slide 6: Key Facts & Figures
Key Facts & Figures 20+ 100+ 1,000+ 2,000+ Years of Experience Client Base Events Exhibition Managing 450+ Spread Across FY22 Revenues - ₹ 45 Cr 3 Tent Cities Rooms 3 Lakh Sqm EBITDA - ₹ 20 Cr Net Profit - ₹ 12 Cr 50,000+ 2,50,000+ ISO Rooms Sold Meals served 9001:2008 Certified Investor Presentatio
Slide 7: Our Journey
Our Journey a. Awarded with Adalaj Stepwell Project b. Obtained license from the Ministry of Successfully Information and organized Broadcasting for a Glorious satellite TV channel Gujarat in the c. Selected as an agency USA, a mega for establishment of event Varanasi Tent City Special attended by E
Slide 8: BODs & KMPs
BODs & KMPs Mr. Vishnukumar Patel Mr. Paraskumar Patel Mr. Ajit Panda Ms. Prolina Barada Chairman Managing Director Independent Director Executive Director Mr. Jaladhi Shah Mr. Rajendrakumar Patel Mr. Keyoor Bakshi Mr. Mukesh Chaudhary Mr. Dharmendra Soni Independent Director Independent Director In
Slide 9: Strong Client Base (Government Sector)
Strong Client Base (Government Sector) Investor Presentation Previous 8 Next
Slide 10: Strong Client Base (Government Sector)
Strong Client Base (Government Sector) Investor Presentation Previous 9 Next
Slide 11: Strong Client Base (Private Sector)
Strong Client Base (Private Sector) Investor Presentation Previous 10 Next
Slide 12: Praveg Skill Development Foundation
Praveg Skill Development Foundation Praveg Skill Development Foundation is a non-profit focused on promoting skill CSR Projects List FY22 development and employment in India through innovative skill development programs and engagement in policy development. By leveraging technology and innovation, t
Slide 13: Stock Data
Stock Data BSE: 531637 | ISIN: INE722B01019 As on 13-02-2023 Share Holding Pattern As on 31-12-2022 Share Price (₹) 436.00 Market Capitalization (₹ Cr) 912.20 Promoter & Promoter Group 38.00 Non Institutional Investor No. of Shares Outstanding 2,09,22,080 62.00 Face Value (₹) 10 52 week High-Low (₹)
Slide 14: Business Overview
Business Overview
Slide 15: Business Verticals
Business Verticals Tourism & Hospitality Exhibitions & Events Investor Presentation Previous 14 Next
Slide 16: Tourism & Hospitality – White Rann Resort
Tourism & Hospitality – White Rann Resort White Rann Resort is the luxurious tent and bhunga operations at Dhordo, Kutch in association with Gujarat Tourism for an internationally-acclaimed Rann Utsav Festival. The facility, spanning over 40,000 Sqm, houses luxurious swiss tents and bhungas and offe
Slide 17: Tourism & Hospitality – Tent City Narmada
Tourism & Hospitality – Tent City Narmada Tent City Narmada near Statue of Unity, Ekta Nagar (Kevadia) is operated and managed by Praveg successfully since 2018 in association with Gujarat Tourism. The facility offers an assorted range Best Eco Resort-Runner Up in Gujarat Travel & Tourism Excellence
Slide 18: Tourism & Hospitality – Tent City Varanasi
Tourism & Hospitality – Tent City Varanasi Tent City Varanasi is a luxurious tented resort on the bank of holy Ganga River in Varanasi. The Resort is operational from 15th January 2023, it offers panoramic views of the serene ghats, temples and historic palaces with steps. The river facing resort ap
Slide 19: Exhibitions & Events
Exhibitions & Events EXHIBITIONS & EVENTS Praveg's core competence is in Exhibition and Event Management. Exhibitions are regularly organized by Praveg, nationally and internationally, and the portfolio includes projects in the USA, China, South Korea, Africa, Europe and in the Middle East. Praveg h
Slide 20: Achievements In Exhibitions & Events
Achievements In Exhibitions & Events Pavilion for Gujarat Tourism Pavilion of Gujarat Maritime Pavilion on Life of Swami Second Best Innovative Stall in Board Vivekananda VGGTS 2017 Adjudged The Best Stall of VGGTS Adjudged The Second Best Stall of 2013 VGGTS 2013 Finds a mention in the Limca Book o
Slide 21: Business Vertical Wise Revenue Breakups
Business Vertical Wise Revenue Breakups In ₹ Cr FY20 FY21 FY22 14.16 13.40 16.29 24.80 28.98 44.38 Tourism & Hospitality Exhibitions & Events Tourism & Hospitality Exhibitions & Events Tourism & Hospitality Exhibitions & Events Increasing Revenue from Tourism & Hospitality Segment is improving Profi
Slide 22: Business Insights
Business Insights In Nos In Nos Number Of Rooms Sold Number Of Meals Served 1,31,904 26,476 13,051 59,206 6,007 25,628 4,645 21,582 2,704 12,818 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Continues growth in Hospitality Segment except in FY21 due to COVID-19 Investor Presentation Previous 21
Slide 23: Upcoming Resort Projects
Upcoming Resort Projects Praveg Is Developing Own 8 New Resorts In Gujarat & Upcoming 100+ New Rooms At Four Ppp Projects Rajasthan Tent City at Chakratirth Beach, Diu 95 1. Jawai 2. Ranthambore Tents 2 3. Udaipur Tent City at Tent City at 4 Jampore Beach, Light House 1 4. Kumbhalgarh Daman Beach, D
Slide 24: Growing Strength To Strength
Growing Strength To Strength Vision 2025 Rooms 1,000 + Resort Locations 25+ Upcoming Hospitality Projects Rooms Current Hospitality 550+ Projects Under Construction Projects Rooms 450+ 6 Under Planning Resort Locations Projects 3 2 Investor Presentation Previous 23 Next
Slide 25: Industry Overview
Industry Overview
Slide 26: New Travel Trends
New Travel Trends Increase in all Travel Willingness to pay a India Fastest Lesser number of Segment & green premium Increasing focus on Growing Economy In trips shoots in for new / unique sustainability the World but longer stays International Travel experiences No compromise on Demand for flexibil
Slide 27: Strong Recovery In Travel Leads To Demand Growth
Strong Recovery In Travel Leads To Demand Growth Pax Carried (In Mn) FTA Arrivals (In Mn) 14 12 13 10.6 10.9 10 12 10 8.8 11 7.7 8 10 8 7 9 6.3 6.6 6 8 6 7 4 6 2.5 2.7 5 1.7 2 1.3 1.5 4 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec 0 2018 2019 2022 DOMESTIC DAILY PASSENGERS CROSS FTAs STEADILY
Slide 28: Room Supply And Demand Growth 9M FY23
Room Supply And Demand Growth 9M FY23 Demand Growth Surpasses Supply 9.0% 8.0% 8.0% 7.0% Hotel Demand 6.0% Growth 6.0% 5.4% 5.4% 5.0% 4.0% 4.0% 4.0% 3.5% Rooms Supply 3.0% Growth 3.0% 2.0% 3.5% 2.0% 1.0% 0.0% Q1 FY23 Q2 FY23 Q3 FY23 9M FY23 Demand Growth Supply Growth Investor Presentation Source: S
Slide 29: Industry Growth Drivers
Industry Growth Drivers 2 4 Capacity addition grew With economic recovery 1 at a CAGR of 10% over 3 and growth, the demand FY06- 16; outpacing Pandemic forced 5 for hotel rooms went up Industry occupancy has demand hoteliers to undertake from 25,000 rooms/day Revenge tourism, reached pre covid level
Slide 30: Financial Overview
Financial Overview
Slide 31: Consolidated Q3 FY23 Performance Highlight
Consolidated Q3 FY23 Performance Highlight All Figures In ₹ Cr Total Income EBITDA Net Profit 28.47 17.19 11.57 15.83 8.29 5.48 Q3 FY22 Q3 FY23 Q3 FY22 Q3 FY23 Q3 FY22 Q3 FY23 Investor Presentation Previous 30 Next
Slide 32: Q3 & 9M FY23 Performance
Q3 & 9M FY23 Performance In ₹ Cr Consolidated Standalone Consolidated Standalone Particulars Q3 FY23 Q3 FY22 Q3 FY23 Q3 FY22 9M FY23 9M FY22 9M FY23 9M FY22 Net Sales 28.38 15.82 28.33 15.75 65.70 28.37 65.66 28.29 Other Income 0.09 0.01 0.08 0.01 0.11 0.03 0.10 0.03 Total Income 28.47 15.83 28.41 1
Slide 33: Consolidated Key Financial Highlights
Consolidated Key Financial Highlights In ₹ Cr In ₹ Cr Total Income Profitability EBITDA PAT 59.92 19.75 45.64 45.29 16.23 12.24 10.74 6.74 3.80 FY20 FY21 FY22 FY20 FY21 FY22 Operating Cash Flow In ₹ Cr Net Worth In ₹ Cr 15.20 27.60 19.05 14.85 5.89 6.61 FY20 FY21 FY22 FY20 FY21 FY22 Investor Present
Slide 34: Consolidated Key Ratios
Consolidated Key Ratios In ₹ In ₹ Earning Per Share Book Value 6.62 5.83 14.93 10.31 7.98 2.06 FY20 FY21 FY22 FY20 FY21 FY22 In % In % Improving Margins Improving Return Ratios EBITDA Net Profit 43.61 ROE ROCE 73.17 35.56 27.03 55.21 23.53 34.68 56.38 11.25 44.35 6.34 25.76 FY20 FY21 FY22 FY20 FY21
Slide 35: Consolidated Key Ratios
Consolidated Key Ratios In Times In Times Debt To Equity Ratio Interest Coverage Ratio 0.13 44.21 0.12 34.14 0.05 10.69 FY20 FY21 FY22 FY20 FY21 FY22 In Times In Times Current Ratio Dividend Pay Out Ratio 72.82 68.61 3.87 60.42 2.43 2.57 FY20 FY21 FY22 FY20 FY21 FY22 Investor Presentation Previous 3
Slide 36: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY20 FY21 FY22 Revenues 59.56 45.31 45.25 Other Income 0.36 0.33 0.04 Total Income 59.92 45.64 45.29 Event & Site Expenses 44.67 22.56 17.75 Employee costs 4.32 3.78 4.77 Other expenses 4.19 3.07 3.02 Total Expenditure 53.18 29.41 25.54 EBITDA
Slide 37: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY20 FY21 FY22 Assets FY20 FY21 FY22 Equity 18.48 18.48 18.48 Non Current Assets Reserves -3.73 0.57 9.12 Fixed assets 3.09 5.40 10.34 Non Controlling Interests 0.10 0.00 0.00 Non Current Investments 0.09 0.09 0.09 Net Worth 14.85 19.05 27.60
Slide 38: Thank You
THANK YOU 214 Athena Avenue, Behind Jaguar Showroom, S. G Highway, Gota, Ahmedabad – 382 481. Email: info@praveg.com Phone: +91-79-27496737, 27494266 Website: www.praveg.com 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604. Email: info@kirinadvisors.com Phone: 022 4100 2455 Website: www.