Praveg Limited · BSE:PRAVEG
Praveg — FY2025 Earnings Presentation
67 slides from Praveg's earnings presentation, Jun 2, 2025
Slide 1: Cover letter to BSE
June 02, 2025 BSE Limited 25th Floor, P J Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 531637 Dear Sirs, Sub. : Investor Presentation on the Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2025 Pursuant to Regulation 30 of the Securities a
Slide 2: Praveg Limited Investor Presentation
PRAVEG LIMITED 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: Praveg's Q4 FY25 Consolidated EBITDA Up 75.48%
Praveg’s Q4 FY25 Consolidated EBITDA Up 75.48% Praveg Limited delivered a robust performance driven by strategic expansion and operational excellence, reinforcing its leadership in eco-luxury hospitality.
Slide 5: Chairman's Message – Strategic Growth & Vision 2028
Chairman’s Message – Strategic Growth & Vision 2028 We are pleased with our strong revenue and operating profit growth, driven by strategic expansion and our commitment to ecoluxury hospitality. While expansion has led to higher depreciation and finance costs, impacting short-term profitability, we
Slide 6: Q4 FY25 Consolidated Performance Highlights
Q4 FY25 Consolidated Performance Highlights All Figures In ₹ Cr Total Income EBITDA Net Comprehensive Income 16.60 59.29 3.42 9.46 33.50 1.59 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Investor Presentation 5
Slide 7: Q4 FY25 Financial Performance
Q4 FY25 Financial Performance In ₹ Cr Consolidated Standalone Particulars Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Net Sales 58.06 32.52 42.49 32.52 Other Income 1.22 0.97 1.13 0.97 Total Income 59.29 33.50 43.62 33.50 Expenses Event & Site Expenses 28.85 14.71 20.07 14.73 Employee Benefit Expenses 8.95 6.05
Slide 8: FY25 Consolidated Performance Highlights
FY25 Consolidated Performance Highlights All Figures In ₹ Cr Total Income EBITDA Net Comprehensive Income 56.88 174.43 16.13 12.95 32.14 94.55 FY24 FY25 FY24 FY25 FY24 FY25 Investor Presentation 7
Slide 9: FY25 Financial Performance
FY25 Financial Performance In ₹ Cr Consolidated Standalone Particulars FY25 FY24 FY25 FY24 Net Sales 167.18 91.60 132.63 91.42 Other Income 7.25 2.96 6.97 2.96 Total Income 174.43 94.55 139.60 94.37 Expenses Event & Site Expenses 76.42 38.15 58.14 38.00 Employee Benefit Expenses 26.66 16.00 23.72 16
Slide 10: Operational Highlights Q4 FY25
Operational Highlights Q4 FY25 Praveg Unveils Two New Resorts & Partners with IHCL’s Premium SeleQtion Brand
Slide 11: 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 12: 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 Shell Shaped luxury. With its untouched natural beauty and modern comf
Slide 13: 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 14: 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 15: 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 16: Key Facts & Figures
Key Facts & Figures 5 Star 777+ Spread Across 20+ 150+ Presence Across Managing 2,000+ Years of Experience Client Base 2 Union Territories & 15 Resorts Category Hotel Rooms 4.87 Lakh Sqm Exhibitions 3 States 1,000+ 577+ 11 9.5 Lakh + 2.3 Lakh + ISO FY25 Events Planned Rooms New Destinations Meals se
Slide 17: 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 2005-2015 Light House Beach & Chakratirth Beach (Daman & Diu) o Awarded for Tent City o Founded Praveg Varanasi on Ganga banks Communications Pvt. Ltd. o Won Gold Med
Slide 18: 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 19: 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 Director Company Secretary Mr. Ajit Panda Mr. Dilipkumar Patel Mr. Keyo
Slide 20: Stock Data
Stock Data BSE: 531637 | ISIN: INE722B01019 As on 30-05-2025 Share Holding Pattern As on 31-03-2025 Share Price (₹) 573.90 5.28% Promoter & 10.30% Promoter Group Market Capitalization (₹ Cr) 1,500.21 NII 45.42% No. of Shares Outstanding 2,61,40,695 FII 39.01% Face Value (₹) 10.00 DII 52-week High-Lo
Slide 21: 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 22: 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 21
Slide 23: 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 24: Ongoing Construction Of Luxury Resorts At Thinnakara Islands
Ongoing Construction Of Luxury Resorts At Thinnakara Islands Thinnakara Adalaj Investor Presentation 23
Slide 25: Current Portfolio Snapshot – 15 Properties & Growing
Current Portfolio Snapshot – 15 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 Jalandhar Circuit House Resort, Diu 45 Rooms Company manages over 775
Slide 26: 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 1,99,290+ i
Slide 27: 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 28: 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 29: 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 30: 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 31: 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 32: 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 33: 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 34: 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 35: 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 36: 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 37: 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 38: 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 ₹ 5,537 2024 rooms Unique Value Proposition o Strategically placed
Slide 39: 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 40: Collaborations With Lallooji & Sons & Club Mahindra
Collaborations With Lallooji & Sons & Club Mahindra Partnership with Lallooji & Sons for Rann Three-Year Partnership with Mahindra Utsav 2024-25 Holidays & Resorts India Ltd. (MHRIL) Master Franchise for Luxury Tent Bookings • Enhancing Hospitality Standards Across Key Destinations i.e Daman, Diu, a
Slide 41: 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 42: Growth Roadmap – Upcoming Resorts Across India
Growth Roadmap – Upcoming Resorts Across India Quarter wise Projects In Operation FY 2023-24/ 2024-25 UPCOMING RESORTS 777 20 780 714 Sr. No. Resorts No. of rooms 18 680 619 631 1 Udaipur, Rajashthan 35 16 599 15 15 548 580 2 Ranthambhore, Rajasthan 30 14 13 12 480 3 Adalaj, Gandhinagar, Gujarat 10
Slide 43: Growing Strength To Strength
Growing Strength To Strength Number Of Rooms Vision 2028 Upcoming Hospitality Projects Rooms Existing Rooms Under Construction 2,500 + Projects 775+ Resort Locations 65 + 9 Anticipated Under Planning Room Addition Projects 1500+ 5 Investor Presentation 42
Slide 44: 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 45: 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 46: Strong Client Base (Government Sector)
Strong Client Base (Government Sector) Praveg Serving 150+ Clients across both Government As Well As Private Sector Investor Presentation 45
Slide 47: Strong Client Base (Government Sector)
Strong Client Base (Government Sector) Investor Presentation 46
Slide 48: Strong Client Base (Private Sector)
Strong Client Base (Private Sector) Investor Presentation 47
Slide 49: 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 50: Abhik Advertising Private Limited Financial Snapshot Q4 FY25
Abhik Advertising Private Limited Financial Snapshot Q4 FY25 In ₹ Lacs Particulars Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Net Sales 272.14 681.69 889.95 1060.22 Other Income 0.52 0.82 1.03 5.91 Total Income 272.66 682.51 890.98 1066.13 Expenses Event & Site Expenses 204.79 392.76 400.39 577.02 Employee Ben
Slide 51: 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 52: Bidhan Advertising & Marketing Private Limited Financial Snapshot Q4 FY25
Bidhan Advertising & Marketing Private Limited Financial Snapshot Q4 FY25 In ₹ Lacs Particulars Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Net Sales 22.02 92.86 240.61 330.05 Other Income 0.00 2.03 0.88 8.85 Total Income 22.02 94.89 241.49 338.89 Expenses Event & Site Expenses 33.21 38.07 123.21 167.15 Employe
Slide 53: 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 54: 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 55: 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 56: 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 loans of ₹3,295.8 Cr skill development, and travel facilitati
Slide 57: 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 58: 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 59: 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 60: 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 61: 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 62: 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 63: 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 64: 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 65: 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 66: 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 67: 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