Praveg Ltd: Play on Indian Tourism Industry!

As per company vision statement FY28:
FY24: Rooms 680
No of rooms sold: 62592
Rooms occupied days at current: 92 days
Total Revenue including other income: 94.55 Cr
Per Room Tariff (2 days): Rs 15105/- , Average room per night : Rs 7500/-

Now apply to same math’s on FY28 (Refer slide 41 of Q1 presentation)
Estimated room sold 2500 X 92 days = 230,000
Assume no change on room tariff / without inflation adjustment = 15000/-
Total Revenue = Rs 345 Cr
PAT @ 15% = Rs 51.75 Cr
PAT @ 25 % = Rs 86.25 Cr

EPS @ PAT 15% = 51.75 / 2.58Cr shares = 20.04/- (Base case)
EPS @ PAT 25% = 51.75 / 2.58Cr shares = 33.40/- (Bull case)

Wait and watch Q2 result and management commentary on business!!