Praveg Limited · BSE:PRAVEG
Praveg — Q3 FY26 Earnings Presentation
71 slides from Praveg's earnings presentation, Feb 17, 2026
Slide 1: BSE filing cover letter for investor presentation
February 17, 2026 BSE Limited 25th Floor, P J Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 531637 Dear Sirs, Sub. : Investor Presentation on the Unaudited Financial Results (Consolidated and Standalone) for the quarter and nine-months ended December 31, 2025 Pursuant to Regulation 30 of
Slide 2: Praveg Limited Q3 FY26 Investor Presentation
PRAVEG LIMITED Q3 FY26 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the Presentation), which have been prepared by Praveg Limited (Praveg, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form
Slide 4: Q3 & 9M FY26 Financial & Operational Highlights
Praveg’s Limited Q3 & 9M FY26 Financial & Operational Highlights
Slide 5: Chairman's Message – Strategic Growth & Vision 2028
Chairman’s Message – Strategic Growth & Vision 2028 Q3 FY26 reflects strong top-line momentum, with standalone total income growing by 69.46% to ₹73.68 crore, driven by our expanding hospitality footprint and continued traction in events and advertisement segments. EBITDA margins have improved compa
Slide 6: Q3 FY26 Financial Performance
Q3 FY26 Financial Performance In ₹ Cr Consolidated Standalone Particulars Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Net Sales 54.28 90.45 43.04 73.61 Other Income 0.60 0.26 0.44 0.07 Total Income 54.88 90.71 43.48 73.68 Expenses Event & Site Expenses 21.16 47.75 15.99 39.55 Employee Benefit Expenses 7.32 10.7
Slide 7: 9M FY26 Financial Performance
9M FY26 Financial Performance In ₹ Cr Consolidated Standalone Particulars 9M FY25 9M FY26 9M FY25 9M FY26 Net Sales 109.11 167.35 90.14 129.17 Other Income 6.03 1.07 5.84 1.06 Total Income 115.14 168.42 95.97 130.23 Expenses Event & Site Expenses 47.57 88.60 38.07 71.07 Employee Benefit Expenses 17.
Slide 8: Operational Highlights Q3 FY26
Operational Highlights Q3 FY26 Praveg continues to deliver milestone projects, adding new destinations, event venues, and government collaborations that strengthen its growth momentum.
Slide 9: Strategic Inventory Agreement with Mahindra Holidays & Resorts India Limited
Strategic Inventory Agreement with Mahindra Holidays & Resorts India Limited Praveg Limited has entered into a Strategic Inventory Agreement with Mahindra Holidays & Resorts India Limited (MHRIL) for its upcoming premium island resort, Praveg Atoll, Lakshadweep – Thinnakkara, which is expected to co
Slide 10: Order Updates – Recent Developments
Order Updates – Recent Developments Praveg Limited has received multiple prestigious government-backed event execution orders, reaffirming its strong capabilities in large-scale event management and infrastructure execution, particularly for nationally significant programs. Rashtriya Ekta Diwas 2025
Slide 11: Expansion at Dhordo, Kutch – Long-Term Hospitality Growth
Expansion at Dhordo, Kutch – Long-Term Hospitality Growth Praveg Limited has received a Letter of Award from Tourism Corporation of Gujarat Limited for the development, operation and management of a new resort at Dhordo, Kutch, Gujarat, further strengthening its leadership position in eco-responsibl
Slide 12: Praveg Adalaj Theme Park Inaugurated by Chief Minister of Gujarat
Praveg Adalaj Theme Park Inaugurated by Hon’ble Chief Minister of Gujarat Praveg Limited marked a significant milestone with the grand inauguration of the Praveg Adalaj Theme Park & Heritage Stepwell Museum, which was formally inaugurated by the Hon’ble Chief Minister of Gujarat on December 22, 2025
Slide 13: From Event Expertise To Experiential Escapes
From Event Expertise To Experiential Escapes The Evolution Of Praveg Transitioning From Events To Experiential Tourism, Backed By Infrastructure Capabilities And Creative Design Thinking.
Slide 14: Praveg At A Glance
Praveg At A Glance Praveg is a pioneer in eco-responsible luxury hospitality. The Company’s resorts are located in areas of significance from a cultural and heritage point of view and places of exotic and natural beauty. The company’s luxury tents allow access to locations, where no traditional cons
Slide 15: Key Facts & Figures
Key Facts & Figures 5 Star 827+ Spread Across 20+ 150+ Presence Across Managing 2,000+ Years of Experience Client Base 2 Union Territories & 17 Resorts Category Hotel Rooms 3.41 Lakh Sqm Exhibitions 3 States 1,000+ 530+ 9 12.70 Lakh + 3.15 Lakh + ISO FY25 Events Planned Rooms New Destinations Meals
Slide 16: Praveg's Milestones Of Growth (2005–2025)
Praveg’s Milestones Of Growth (2005–2025) 2023 o Awarded for managing Tent City at Ghoghla Beach, Diu o Workorders for Tent Cities at Light House Beach & Chakratirth Beach 2024 (Daman & Diu) 2005-2015 o Operation started for Tent City o Awarded for 50+ tents at Agatti Island, Varanasi on Ganga banks
Slide 17: Praveg's Core Competence
Praveg’s Core Competence • Innovative, low-cost hospitality concepts delivering high • In-house creative studio for marketing and design returns • Dedicated 24x7 reservation team for hospitality operations • Long-standing partnerships with tourism departments • Team of professionals with deep hospit
Slide 18: Leadership & Board Of Directors
Leadership & Board Of Directors Dr. Vishnukumar Patel Mr. Bhumit Patel Mrs. Bijal Parikh Mr. Alpeshkumar Patel Mr. Kalpesh Patel Mr. Mukesh Chairman Whole time Director Finance Director Executive Director Non Executive Chaudhary (Resigned W.E.F. 01/01/2026) Director Company Secretary Mr. Ajit Panda
Slide 19: Stock Data and Share Performance
0.00 200.00 1000.00 600.00 800.00 1200.00 400.00 1400.00 01-Jan-21 01-Feb-21 51.00 01-Mar-21 01-Apr-21 Investor Presentation Face Value (₹) 01-May-21 Share Price (₹) Stock Data 01-Jun-21 01-Jul-21 52-week High-Low (₹) 01-Aug-21 01-Sep-21 01-Oct-21 No. of Shares Outstanding Market Capitalization (₹ C
Slide 20: Expanding Footprints, Deepening Verticals
Expanding Footprints, Deepening Verticals Creating Value Across the Tourism Chain From site development to event execution and advertising monetization, Praveg commands the full value spectrum.
Slide 21: Business Verticals That Drive Revenue
Business Verticals That Drive Revenue Tourism & Hospitality Exhibitions & Events Advertisement In ₹ Cr Business Verticals FY23 FY24 FY25 Event, Exhibitions & Hospitality 84.87 91.60 132.77 Advertisement - - 34.41 Investor Presentation 20
Slide 22: Work Order For Luxurious Tent Resorts In Lakshadweep's Islands
Work Order For Luxurious Tent Resorts In Lakshadweep's Islands Issued by Department of Tourism, Union Territory of Lakshadweep Locations High-end Amenities: Project Duration 200 luxury tents on o Scuba Diving Initial term of 5 years Scope Thinnakara Island Extendable by 2 years o Destination Wedding
Slide 23: Current Portfolio Snapshot – 18 Properties & Growing
Current Portfolio Snapshot – 18 Properties & Growing CURRENT PROJECTS 200 Tents 35 Cottages 30 Cottages 76 Rooms 30 Cottages 76 Rooms 35 Cottages 33 Tents 39 Cottages 12 Cottages 38 Rooms 35 Rooms 20 Cottages 30 Cottages 50 Villas 38 Rooms 50 Rooms Company manages over 827+ Rooms across the 17 Resor
Slide 24: Tent City Narmada – Pride Of Gujarat Tourism
Tent City Narmada – Pride Of Gujarat Tourism Best Eco Resort-Runner Up in Gujarat Travel & Tourism Excellence Awards in 2021 Since Spread Across Tents Guest Served 2018 1,24,000 200 Since Inception Located near the iconic Statue of Unity in Ekta Nagar (Kevadia), Tent City Narmada Sqm 2,43,473+ is a
Slide 25: White Rann Resort – Iconic Desert Experience
White Rann Resort – Iconic Desert Experience Best Eco Resort – Runner Up in Gujarat 2015 Travel & Tourism Excellence Awards in 2019 Since Spread Across 76 2015 40,000 Rooms Sqm Located at Dhordo, Kutch, White Rann Resort is a premier luxury tent and bhunga destination developed and operated by Prave
Slide 26: Resort At Dholavira – Starlit Luxury In An Ancient Land
Resort At Dholavira – Starlit Luxury In An Ancient Land A cosmic escape where ancient heritage 2023 meets stargazer luxury in iconic A-frame cottages Since Spread Across Cottages November 7,800 Sqm 30 2023 A distinctive triangular cottage resort with 20-ft high A-frame structures, glass walls for pa
Slide 27: Safari Resort Velavadar – Immersed In The Wild
Safari Resort Velavadar – Immersed In The Wild Luxury goes wild at India’s premier Blackbuck safari stay—where nature and comfort roam free 2024 Since Spread Across Cottages Nestled at the edge of Blackbuck National Park, this intimate safari-style resort March 15,000 Sq. Ft 12 offers a rare luxury-
Slide 28: Grand Eulogia, Ahmedabad – A New Era In Urban Luxury
Grand Eulogia, Ahmedabad – A New Era In Urban Luxury Ahmedabad’s skyline jewel redefines opulence 2023 with sky-high pools, mega-watt glamour, and iconic design Since Spread Across 76 October 13,187 Sqm Rooms 2023 Ahmedabad’s premier 5-star hotel with unmatched infrastructure including a 20th-floor
Slide 29: Chakratirth Beach Resort, Diu – Arabian Sea At Doorstep
Chakratirth Beach Resort, Diu – Arabian Sea At Doorstep Secluded seaside luxury with front-row seats 2023 to the Arabian Sea’s most magical sunsets Since Spread Across Cottages October 5,650 Sqm 30 2023 Beachfront luxury with 24 independent cottages and 6 Machans offering panoramic Arabian Sea views
Slide 30: Ghoghla Beach Resort, Diu – Coastal Cabins Reimagined
Ghoghla Beach Resort, Diu – Coastal Cabins Reimagined Hobbit-inspired hideaways meet 2023 beachfront bliss, irresistibly unique Since Spread Across Cottages November 9,300 Sqm 35 An eye-catching line of hobbit-inspired wooden cottages facing Ghoghla Beach, 2023 offering a unique coastal lodging expe
Slide 31: Nagao Beach Resort, Diu – Sunset-Facing Ocean Retreat
Nagao Beach Resort, Diu – Sunset-Facing Ocean Retreat Golden sunsets, luxe stays, and wedding-perfect backdrops—Diu’s gem 2024 for indulgent escapes Since Spread Across 35 May 2024 10,000 Sqm Rooms Luxurious tents and suites with sunset views at Diu’s most scenic beach, with pools, event lawns, and
Slide 32: Lighthouse Beach Resort, Daman – Where The Sea Meets Luxury
Lighthouse Beach Resort, Daman – Where The Sea Meets Luxury Elevated above the sea, this lighthouse- 2023 facing haven is coastal charm reimagined with flair Since Spread Across Tents May 10,000 Sq.m 33 A coastal paradise with 33 sea-facing cottages and Machans 8 ft above the 2023 ground, offering p
Slide 33: Jampore Beach Resort, Daman – Serene Coastal Living
Jampore Beach Resort, Daman – Serene Coastal Living For those chasing peace and tide-kissed 2023 mornings, this boutique beachfront resort is a coastal dream Since Spread Across Cottages October 7,900 Sqm 35 2023 A tranquil beachfront retreat with 28 luxury cottages and 7 elevated Machans for immers
Slide 34: Praveg Resort Kachigam – A Premier Island Retreat in Daman
Praveg Resort Kachigam – A Premier Island Retreat in Daman A tranquil escape that merges 2023 nature, celebration, and comfort Since Spread Across Rooms May 28,994 Sqm 50 Set around a serene lake and surrounded by lush greenery, Praveg Resort 2025 Kachigam offers a unique island retreat experience U
Slide 35: Damanganga Resort, Silvassa – Nature, Culture & Comfort
Damanganga Resort, Silvassa – Nature, Culture & Comfort Where tribal culture, riverside beauty, and budget-friendly luxury blend into the perfect weekend retreat Since Spread Across 38 Average Price December 12,103 Sqm well-appointed ₹ 3,762 2024 rooms Unique Value Proposition o Strategically placed
Slide 36: Tent City Ayodhya (Brahmakund) – Spiritually Inspired Comfort
Tent City Ayodhya (Brahmakund) – Spiritually Inspired Comfort Step into a divine chapter of the Ramayan with 2023 spiritual luxury pitched right beside history Since Spread Across Cottages November 8,120 Sqm 30 Located near the revered Ram Lalla Temple, this property reflects Ayodhya’s 2023 spiritua
Slide 37: Tent City Ayodhya Near Saryu River – Riverside Bliss
Tent City Ayodhya Near Saryu River – Riverside Bliss Where sacred waters meet eco-luxury—this 2024 riverside sanctuary radiates calm and culture Since Spread Across Cottages February 8,889 Sqm 39 An eco-luxury tent city by the Saryu River, this retreat blends sustainable design 2024 with sacred prox
Slide 38: Praveg Caves, Jawai – The Hidden Gem Of Rajasthan
Praveg Caves, Jawai – The Hidden Gem Of Rajasthan Unveiled Praveg Caves Jawai – A New Era of Luxury & Adventure 2025 Since Spread Across Luxury Tents Jawai A Hidden Gem of Rajasthan Renowned for its thriving leopard population, January 12,688 Sq mt 8 coexisting with the indigenous Rabari community.
Slide 39: Praveg Bangaram, Lakshadweep – Tranquility Meets Luxury
Praveg Bangaram, Lakshadweep – Tranquility Meets Luxury Praveg Unveiled Its Latest Luxury Resort on Bangaram Island 2025 Bangaram Island, Lakshadweep – a pristine paradise where tranquility meets Since Spread Across Cacoon Shaped luxury. With its untouched natural beauty and modern comforts, this is
Slide 40: Praveg Adalaj Theme Park – A Landmark Destination For Premium Events
Praveg Adalaj Theme Park – A Landmark Destination For Premium Events An iconic destination redefining Gujarat’s event 2023 landscape, where tradition, culture, and celebration come alive under one roof. Since Spread Across September 23,000 sq m 2025 Strategically located on the Ahmedabad–Gandhinagar
Slide 41: Strategic Alliance With IHCL – Redefining Island Hospitality
Strategic Alliance With IHCL – Redefining Island Hospitality Praveg Limited has partnered with Indian Hotels Company Limited (IHCL) to manage its premium resort, Praveg Atoll’s, Bangaram Island, Lakshadweep, under the SeleQtions brand. Key Benefits Operational Luxury Sustainability Revenue Excellenc
Slide 42: Jalandhar Circuit House Resort, Diu – In Partnership With Ginger
Jalandhar Circuit House Resort, Diu – In Partnership With Ginger Nestled on Gujarat’s southern coast, Diu is a serene town renowned for its Portuguese heritage, historic landmarks like Diu Fort and St. Paul’s Church, and stunning natural attractions, including Naida Caves and pristine beaches like N
Slide 43: Collaboration With Club Mahindra
Collaboration With Club Mahindra Partnership with Mahindra Holidays & Resorts India Ltd. (MHRIL) • Enhancing Hospitality Standards Across Key Destinations i.e Daman, Diu, Ayodhya and Thinnakara • Inventory Agreement: 95 Rooms Across Select Properties • MHRIL secures 95 Inventory Rooms • 35 Fixed Roo
Slide 44: World Lion Day 2025 – Celebrating The Pride Of Gujarat
World Lion Day 2025 – Celebrating The Pride Of Gujarat Praveg Limited has been awarded a prestigious contract to manage the World Lion Day 2025 celebrations — a flagship government event dedicated to wildlife conservation and the Event Value protection of the Asiatic Lion. The event underscores Guja
Slide 45: Operational Metrics – Rooms & Meals Served Over The Years
Operational Metrics – Rooms & Meals Served Over The Years In Nos In Nos Number Of Rooms Sold Number Of Meals Served 88,426 3,57,489 62,592 2,10,662 1,83,065 33,590 1,31,904 26,476 6,007 25,628 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Praveg has crossed the mark of selling 80,000 room in a y
Slide 46: Growth Roadmap – Upcoming Resorts Across India
Growth Roadmap – Upcoming Resorts Across India Quarter wise Projects In Operation FY 2023-24/ 2024-25/ 2025-26 UPCOMING RESORTS 827 827 827 777 20 830 Sr. No. Resorts No. of rooms 714 17 17 17 18 730 619 631 1 Udaipur, Rajashthan 35 16 599 15 15 630 548 2 Ranthambhore, Rajasthan 30 13 14 530 12 3 Ki
Slide 47: Growing Strength To Strength – Vision 2028
Growing Strength To Strength Number Of Rooms Vision 2028 Upcoming Hospitality Projects Rooms Existing Rooms Under Construction 2,000 + Projects 800+ Resort Locations 50 + 3 Anticipated Under Planning Room Addition Projects 1200+ 2 Investor Presentation 46
Slide 48: Exhibitions & Events – Over 2,000 Events Delivered
Exhibitions & Events – Over 2,000 Events Delivered EXHIBITIONS & EVENTS Praveg's core competence is in Exhibition and Event Management. 1,000+ 2,000+ 20+ Exhibitions are regularly organized by Praveg, nationally and internationally, Events Exhibition Years and the portfolio includes projects in the
Slide 49: Award-winning Legacy In Events – A Track Record Of Excellence
Award-winning Legacy In Events – A Track Record Of Excellence Finds a mention in the Limca Book of Records 2014 having designed the longest backdrop; largest multi-level temporary stage and the largest ball created out of 6400 nursery balls during Khel Mahakumbh held in South Gujarat University, Sur
Slide 50: Strong Client Base (Government Sector)
Strong Client Base (Government Sector) Praveg Serving 150+ Clients across both Government As Well As Private Sector Investor Presentation 49
Slide 51: Strong Client Base (Government Sector)
Strong Client Base (Government Sector) Investor Presentation 50
Slide 52: Strong Client Base (Private Sector)
Strong Client Base (Private Sector) Investor Presentation 51
Slide 53: Abhik Advertising Private Limited At A Glance
Abhik Advertising Private Limited At A Glance Established in 2008 under the visionary leadership of Mr. Mukesh Patel, an advertising stalwart with over two decades of experience in the industry, Abhik Advertising Private Limited has grown into a formidable player in the advertising and marketing spa
Slide 54: Abhik Advertising Private Limited Financial Snapshot Q3 FY26
Abhik Advertising Private Limited Financial Snapshot Q3 FY26 In ₹ Lacs Particulars Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Net Sales 272.14 681.69 889.95 1,060.22 939.13 976.38 1,459.71 Other Income 0.52 0.82 1.03 16.02 6.73 22.31 18.92 Total Income 272.66 682.51 890.98 1,076.24 945.
Slide 55: Bidhan Advertising & Marketing Private Limited At A Glance
Bidhan Advertising & Marketing Private Limited At A Glance Bidhan Advertising and Marketing Private Limited, with its inception dating back over 50 years, has been a pioneer in the advertising landscape. The company has played a pivotal role in establishing iconic brands and continues to uphold its
Slide 56: Bidhan Advertising & Marketing Private Limited Financial Snapshot Q3 FY26
Bidhan Advertising & Marketing Private Limited Financial Snapshot Q3 FY26 In ₹ Lacs Particulars Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Net Sales 22.02 92.86 240.61 330.05 115.75 217.77 179.14 Other Income 0.00 2.03 0.88 8.85 0.88 0.26 0.19 Total Income 22.02 94.89 241.49 338.89 116.
Slide 57: Combined Capabilities & Services
Combined Capabilities & Services Smart Toilets with Advertising Rights Adani Airports Partnership • Exclusive rights to operate 120 smart toilets in Ahmedabad • Authorized procurement partner for Adani Airports, appointed under the PPP model; 40 already installed. by the Gujarat government. • 15-yea
Slide 58: India's Tourism Renaissance – Powered by Culture, Connectivity & Conscious Travel
India’s Tourism Renaissance – Powered by Culture, Connectivity & Conscious Travel A new era driven by rising domestic mobility, infrastructure investment, and demand for meaningful experiences.
Slide 59: Industry Landscape – Hospitality & Events On The Rise
Industry Landscape – Hospitality & Events On The Rise HOSPITALITY F0CUSED & TOURISM SECT0RS ➢ HOSPITALITY & TOURISM ➢ EVENTS & EXHIBITIONS ➢ 5% HOSPITALITY INDUSTRY DOMESTIC Current GDP Contribution IN INDIA (MARKET SIZE) TOURIST ARRIVALS (DAs) CAGR 4.73% ➢ 2021-22 - 610.22 Mn INDUSTRY TRENDS ➢ 2023
Slide 60: India's Travel Boom – Government Backed Growth
India’s Travel Boom – Government Backed Growth Transforming India’s Tourism Landscape ₹2,541.06 Cr Development of 40 projects allocated to boost 50 top tourist across 23 states tourism infrastructure, destinations to receive interest-free skill development, and loans of ₹3,295.8 Cr travel facilitati
Slide 61: New Travel Trends – Experiences Over Destinations
New Travel Trends – Experiences Over Destinations In 2021, sky-adventure services (flying, cockpit flying, skydiving) launched; July 2024 allocations of ₹782.6 cr (NE) and ₹518 cr (Himalayan) to boost adventure circuits. India aims to build adventure tourism Eco-friendly camping and caravan parks pr
Slide 62: Growth Drivers – From Connectivity To Culture
Growth Drivers – From Connectivity To Culture Tourism drives economic growth by contributing significantly to GDP Enhanced air and regional connectivity through initiatives like UDAN 1 and generating revenue. 6 make it easier to reach tourist destinations across the country. The industry creates a w
Slide 63: Margin-Focused, Growth-Ready
Margin-Focused, Growth-Ready A Financial Model Designed for Scalability Asset-light operations ensure margin stability even as capital is deployed for expansion.
Slide 64: Consolidated Key Financial Highlights
Consolidated Key Financial Highlights In ₹ Cr In ₹ Cr Total Income Profitability EBITDA PAT 174.43 56.88 45.30 32.14 94.55 28.42 84.86 16.13 12.95 FY23 FY24 FY25 FY23 FY24 FY25 Operating Cash Flow In ₹ Cr Net Worth In ₹ Cr 32.54 463.22 25.27 287.84 17.04 112.46 FY23 FY24 FY25 FY23 FY24 FY25 Investor
Slide 65: Consolidated Key Ratios
Consolidated Key Ratios In ₹ In ₹ In Times Earning Per Share Book Value Current Ratio 12.41 177.20 14.64 117.33 4.93 5.66 5.96 53.75 2.19 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 In % In % In Times Margins Return Ratios Dividend Pay Out Ratio EBITDA Net Profit ROE ROCE 30.74 53.38 34.56 33.51 34
Slide 66: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY23 FY24 FY25 Revenues 84.48 91.60 167.18 Other Income 0.38 2.96 7.25 Total Income 84.86 94.55 174.43 Event & Site Expenses 28.98 38.15 76.42 Employee costs 6.64 16.00 26.66 Other expenses 3.94 8.26 14.47 Total Expenditure 39.56 62.41 117.55
Slide 67: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY23 FY24 FY25 Assets FY23 FY24 FY25 Equity 20.92 24.53 26.14 Non Current Assets Reserves 91.54 263.30 437.08 Fixed assets 42.14 205.55 468.33 Non Controlling Interests 0.00 0.00 15.62 Non Current Investments 0.10 0.10 0.00 Net Worth 112.46 2
Slide 68: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement In ₹ Cr Particulars FY23 FY24 FY25 Revenues 84.38 91.42 132.63 Other Income 0.38 2.96 6.97 Total Income 84.76 94.37 139.60 Event & Site Expenses 28.95 38.00 58.14 Employee costs 6.64 16.00 23.72 Other expenses 3.92 8.33 12.03 Total Expenditure 39.51 62.34 93.89 EBI
Slide 69: Standalone Balance Sheet
Standalone Balance Sheet In ₹ Cr Equities & Liabilities FY23 FY24 FY25 Assets FY23 FY24 FY25 Equity 20.92 24.53 26.14 Non Current Assets Reserves 91.57 263.22 425.77 Fixed Assets 41.47 196.23 384.30 Net Worth 112.49 287.76 451.92 Non-current Investments 0.22 0.11 22.36 Non Current Liabilities Deferr
Slide 70: Investment Rationale
Investment Rationale 1 Financial Performance 6 Competitive Advantages • Total Income of ₹ 174.43 Cr against ₹ 94.55 Cr in FY23-24. • Low-cost, high-return hospitality models with non-permanent structures. • EBITDA of ₹ 56.88 Cr against ₹ 32.14 Cr in FY23-24. • Strong partnerships with state tourism
Slide 71: Thank You
THANK YOU Praveg Limited Kirin Advisors Private Limited Westport, 18th Floor, Sindhu Bhavan Road, 713-B, Lodha Supremus II, Nr Taj Skyline, Off SP Ring Road, Wagle Estate, Thane West – 400 604. Ahmedabad, Gujarat – 380 058 Email: info@kirinadvisors.com Email: info@praveg.com Phone: 022 4100 2455 Pho