Introduction:
Praveg Communications (India) Limited, formed in 2016 through the merger of Praveg Communications Limited and Sword and Shield Pharma Limited, is an advertising company specializing in Exhibition and Event Management. Its main business segments include Events, Exhibitions & Hospitality, which accounts for 83% of revenue, and Advertising, contributing 17%. The company operates 15 eco-responsible luxury resorts with over 710 rooms in key Indian locations and manages additional hotel rooms in partnership with state governments. Its Events division has organized over 1,000 events and 2,000 exhibitions globally. In 2024, Praveg acquired a 51% stake in two advertising firms for Rs. 22 Cr., expanding its advertising portfolio across various media. Notable clients include GSPC and Bharat Petroleum, and recent partnerships include collaborations for major events and hospitality improvements with companies like Mahindra Holidays.
Fundamentals:
Market Cap: ₹ 763 Cr.;
Stock P/E: - 👎;
ROCE: 6.59% 👎; ROE: 4.44% 👎;
Dividend Payout: 16.3 👍%
3 Years Sales Growth: 55% 👍;
3 Years Compounded Profit Growth: 11% 👎;
3 Years Stock Price CAGR: 3% 👎;
3 Years Return on Equity: 9% 👎;
Technicals:
Resistance levels: 308, 351, 401, 510
Support levels: 269, 253
Praveg is trading near 9 EMA(Orange Line) and 21 EMA (Black Line) and below 50 EMA (Blue Line) and 200 EMA (Pink Link).
The stock has short-term profitability issues despite growth due to Rapid expansion, Rising costs, Project delays, Promoter holding dip, ARR fluctuation, etc.
However, the stock has Strong Financial Momentum with FY25 Total Income: ₹174.4 Cr (up from ₹94.5 Cr) and FY25 Net Profit: ₹16.1 Cr (vs ₹12.9 Cr)
The management is confident that FY26 will see better margins & more stable revenue as new properties mature.
The company has the backing of GoI in promoting Lakshadweep tourism through Increased flight frequencies and Permission issues have resolved to a great extent.
Avid investor ready for short term pain and long term gain can consider the stock.
Praveg Communications (India) Limited, formed in 2016 through the merger of Praveg Communications Limited and Sword and Shield Pharma Limited, is an advertising company specializing in Exhibition and Event Management. Its main business segments include Events, Exhibitions & Hospitality, which accounts for 83% of revenue, and Advertising, contributing 17%. The company operates 15 eco-responsible luxury resorts with over 710 rooms in key Indian locations and manages additional hotel rooms in partnership with state governments. Its Events division has organized over 1,000 events and 2,000 exhibitions globally. In 2024, Praveg acquired a 51% stake in two advertising firms for Rs. 22 Cr., expanding its advertising portfolio across various media. Notable clients include GSPC and Bharat Petroleum, and recent partnerships include collaborations for major events and hospitality improvements with companies like Mahindra Holidays.
Fundamentals:
Market Cap: ₹ 763 Cr.;
Stock P/E: - 👎;
ROCE: 6.59% 👎; ROE: 4.44% 👎;
Dividend Payout: 16.3 👍%
3 Years Sales Growth: 55% 👍;
3 Years Compounded Profit Growth: 11% 👎;
3 Years Stock Price CAGR: 3% 👎;
3 Years Return on Equity: 9% 👎;
Technicals:
Resistance levels: 308, 351, 401, 510
Support levels: 269, 253
Praveg is trading near 9 EMA(Orange Line) and 21 EMA (Black Line) and below 50 EMA (Blue Line) and 200 EMA (Pink Link).
The stock has short-term profitability issues despite growth due to Rapid expansion, Rising costs, Project delays, Promoter holding dip, ARR fluctuation, etc.
However, the stock has Strong Financial Momentum with FY25 Total Income: ₹174.4 Cr (up from ₹94.5 Cr) and FY25 Net Profit: ₹16.1 Cr (vs ₹12.9 Cr)
The management is confident that FY26 will see better margins & more stable revenue as new properties mature.
The company has the backing of GoI in promoting Lakshadweep tourism through Increased flight frequencies and Permission issues have resolved to a great extent.
Avid investor ready for short term pain and long term gain can consider the stock.
Trade active
Praveg is skyrocketing.The stck has given a clean breakout.
The next target is 351
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.