Audited Financial Results for the quarter and year ended March 31, 2026 are attached herewith.
PRAVEG · price
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Praveg Ltd reported consolidated revenue of Rs. 24,094.37 lakh for FY26, up 44% from Rs. 16,717.60 lakh in FY25, driven by growth in both Event/Exhibitions/Hospitality (Rs. 18,398 lakh) and Advertisement (Rs. 5,697 lakh) segments. Despite higher revenue, the company swung to a consolidated net loss of Rs. 996.86 lakh vs profit of Rs. 1,604.84 lakh in FY25, due to a sharp increase in finance costs (Rs. 1,449 lakh vs Rs. 805 lakh), higher depreciation (Rs. 4,880 lakh vs Rs. 2,784 lakh), and an exceptional item of Rs. 91.28 lakh. Consolidated borrowings more than doubled to Rs. 5,880 lakh, raising leverage concerns. The Board recommended a final dividend of Rs. 0.50 per share and approved an application for NSE listing. Auditors gave an unmodified opinion.
The company showed strong topline growth but profitability deteriorated sharply due to high interest and depreciation costs. The significant increase in debt levels raises concerns about financial flexibility going forward.