Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Investor Presentation on ....
PRAVEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Praveg Limited reported weak Q2 FY26 results despite revenue growth. Consolidated net sales rose to ₹37.50 Cr (vs ₹31.44 Cr YoY), but EBITDA collapsed to ₹3.96 Cr (vs ₹10.58 Cr), with margins shrinking sharply from 29.75% to 10.45%. The company slipped into a consolidated net loss of ₹9.67 Cr (vs ₹1.41 Cr profit in Q2 FY25), with diluted EPS at -₹3.58. For H1 FY26, total income grew 28.94% to ₹77.71 Cr, but PAT was -₹15.81 Cr versus -₹7.03 Cr in H1 FY25. Management attributed margin pressure to higher costs at newly launched properties, four seasonal resorts remaining closed in Q2, and fixed PPP lease commitments. The company disclosed a pipeline of 495 rooms across 8 upcoming resorts and reiterated its Vision 2028 target of 2,000+ rooms across 50+ locations.
Near-term sentiment may be negative as profitability has deteriorated sharply despite revenue growth, signaling execution and cost challenges during the expansion phase. However, long-term prospects remain supported by a clear growth pipeline, partnerships with IHCL/Taj and Ginger, and management's confidence in margin recovery as new properties ramp up.