Praveg Limited · BSE:PRAVEG
Praveg — Q1 FY24 Earnings Presentation
39 slides from Praveg's earnings presentation, Aug 18, 2023
Slide 1: BSE filing cover letter for investor presentation
August 18, 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 Requi
Slide 2: Praveg Limited Investor Presentation Q1 FY24
PRAVEG LIMITED Investor Presentation Q1 FY24
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 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 constru
Slide 6: Key Facts & Figures
Key Facts & Figures 20+ 100+ 1,000+ 2,000+ Years of Experience Client Base Events Exhibition Managing 480+ Spread Across FY23 Revenues - ₹ 84.86 Cr 4 Tent Cities Rooms 3.10 Lakh Sqm EBITDA - ₹ 45.30 Cr Net Profit - ₹ 28.42 Cr 90,500+ 4,55,000+ ISO Rooms Sold Meals served 9001:2008 Certified Investor
Slide 7: Our Journey
Our Journey o Awarded with o Awarded with Adalaj workorder for Stepwell Project Development of Tent city at Light House o Obtained license from Beach, Daman o Achieved a place in the Ministry of the Limca Book of Information and Records for creating Broadcasting for a o Awarded with largest temporar
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 FY23 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 14-08-2023 Share Holding Pattern As on 30-06-2023 Share Price (₹) 494.75 Market Capitalization (₹ Cr) 1,089.54 Promoter & Promoter Group 42.63 Non Institutional Investor No. of Shares Outstanding 2,20,94,055 57.37 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: Tourism & Hospitality – Beach Resort, Light House, Daman
Tourism & Hospitality – Beach Resort, Light House, Daman Praveg Beach Resort, a seaside resort with panoramic sea views at the Lighthouse Beach and Jampore Beach in Daman. Praveg Beach Resort – Lighthouse Beach offers 33 independent luxury cottages with rich interiors, top-notch amenities and breath
Slide 20: 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 21: 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 22: Business Vertical Wise Revenue Breakups
Business Vertical Wise Revenue Breakups In ₹ Cr FY21 FY22 FY23 13.40 16.29 36.14 24.80 48.61 28.98 Tourism & Hospitality Exhibitions & Events Tourism & Hospitality Exhibitions & Events Tourism & Hospitality Exhibitions & Events Increasing Revenue from Tourism & Hospitality Segment is improving Profi
Slide 23: Business Insights
Business Insights In Nos In Nos Number Of Rooms Sold Number Of Meals Served 1,83,065 33,590 26,476 1,31,904 13,051 59,206 6,007 25,628 4,645 21,582 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Continues growth in Hospitality Segment except in FY21 due to COVID-19 Investor Presentation Previous
Slide 24: Upcoming Resort Projects
Upcoming Resort Projects Praveg Is Developing Own 10 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,
Slide 25: 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 480+ 6 Under Planning Resort Locations Projects 4 3 Investor Presentation Previous 24 Next
Slide 26: Industry Overview
Industry Overview
Slide 27: 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 28: 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 29: Financial Overview
Financial Overview
Slide 30: Quarterly Performance Highlights YoY
Quarterly Performance Highlights YoY All Figures In ₹ Cr Total Income EBITDA Net Profit 5.65 8.66 20.06 4.94 12.45 1.17 Q1 FY23 Q1 FY24 Q1 FY23 Q1 FY24 Q1 FY23 Q1 FY24 Investor Presentation Previous 29 Next
Slide 31: Q1 FY24 & FY23 Performance
Q1 FY24 & FY23 Performance In ₹ Cr Consolidated Standalone Consolidated Standalone Particulars Q1 FY24 Q1 FY23 Q1 FY24 Q1 FY23 FY23 FY22 FY23 FY22 Net Sales 11.97 20.05 11.97 20.05 84.48 45.25 84.38 44.99 Other Income 0.48 0.01 0.48 0.01 0.38 0.04 0.38 0.04 Total Income 12.45 20.06 12.45 20.06 84.86
Slide 32: Consolidated Key Financial Highlights
Consolidated Key Financial Highlights In ₹ Cr In ₹ Cr Total Income Profitability EBITDA PAT 45.30 84.86 28.42 45.64 45.29 19.75 16.23 10.74 12.24 FY21 FY22 FY23 FY21 FY22 FY23 Operating Cash Flow In ₹ Cr Net Worth In ₹ Cr 112.46 25.27 15.20 6.61 27.60 19.05 FY21 FY22 FY23 FY21 FY22 FY23 Investor Pre
Slide 33: Consolidated Key Ratios
Consolidated Key Ratios In ₹ In ₹ Earning Per Share Book Value 53.75 14.78 5.83 6.62 14.93 10.31 FY21 FY22 FY23 FY21 FY22 FY23 In % In % Improving Margins Improving Return Ratios EBITDA Net Profit 53.38 ROE ROCE 43.61 73.17 35.56 33.51 55.21 27.03 23.53 56.38 34.56 44.35 25.28 FY21 FY22 FY23 FY21 FY
Slide 34: Consolidated Key Ratios
Consolidated Key Ratios In Times In Times Debt To Equity Ratio Interest Coverage Ratio 56.80 0.12 44.21 34.14 0.05 0.00 FY21 FY22 FY23 FY21 FY22 FY23 In Times In Times Current Ratio Dividend Pay Out Ratio 4.94 68.61 60.42 3.87 2.57 30.74 FY21 FY22 FY23 FY21 FY22 FY23 Investor Presentation Previous 3
Slide 35: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY21 FY22 FY23 Revenues 45.31 45.25 84.48 Other Income 0.33 0.04 0.38 Total Income 45.64 45.29 84.86 Event & Site Expenses 22.56 17.75 28.98 Employee costs 3.78 4.77 6.64 Other expenses 3.07 3.02 3.94 Total Expenditure 29.41 25.54 39.56 EBITDA
Slide 36: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY21 FY22 FY23 Assets FY21 FY22 FY23 Equity 18.48 18.48 20.92 Non Current Assets Reserves 0.57 9.12 91.54 Fixed assets 5.40 10.34 42.14 Non Controlling Interests 0.00 0.00 Non Current Investments 0.09 0.09 0.10 Net Worth 19.05 27.60 112.46 Ot
Slide 37: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement In ₹ Cr Particulars FY21 FY22 FY23 Revenues 45.27 44.99 84.38 Other Income 0.43 0.04 0.38 Total Income 45.70 45.03 84.76 Event & Site Expenses 22.57 17.64 28.95 Employee costs 3.77 4.77 6.64 Other expenses 3.06 2.88 3.92 Total Expenditure 29.40 25.29 39.51 EBITDA 1
Slide 38: Standalone Balance Sheet
Standalone Balance Sheet In ₹ Cr Equities & Liabilities FY21 FY22 FY23 Assets FY21 FY22 FY23 Equity 18.48 18.48 20.92 Non Current Assets Reserves 0.67 9.20 91.57 Fixed Assets 5.40 10.60 41.47 Net Worth 19.16 27.69 112.49 Non-current Investments 0.21 0.21 0.22 Non Current Liabilities Long Term Borrow
Slide 39: 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.