Look at Praveg Ltd
It is in hospitality business.
Praveg establishes luxury tent resorts in popular location on Govt. leased land.
The company currently has 1 permanent resort in Statue of Unity area. 2 in Kutch and Varanasi. Recently they are establishing new resorts in Daman, Deu, Ayodhya, Maharashtra… Total 17 resorts are coming till 2024 and Praveg aims to make 50+ resorts till FY26.
Very high RoCE (40%+) business. Plus the tourism sector is a very high growth sector.
Must read and listen to the last concall.
Disclosure: I am invested.
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