BSE: 531637 | NSE: | Professional Services | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Praveg Ltd is a average quality company.
The key valuation ratios of Praveg Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Praveg Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -63.9% | 47% | -74.8% | -93.5% | 50.1% | 33.8% | 79.8% | 66.9% | 54.4% | 10.7% | - |
| Value Creation Index ⓘ | NA | 2.4 | NA | -7.7 | 2.6 | 1.4 | 4.7 | 3.8 | 2.9 | -0.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 1.2 | 0 | 0.1 | 0 | 59.1 | 59.6 | 45.3 | 45 | 84.4 | 91.4 | 113 |
| Sales YoY Gr. | - | -100% | NA | -66.7% | 1,96,933.3% | 0.8% | -24% | -0.6% | 87.6% | 8.3% | - |
| Adj EPS ⓘ | -0.4 | 0.4 | -0.1 | -0.3 | 5.2 | 2 | 5.8 | 6.6 | 13.6 | 5.2 | 4.6 |
| YoY Gr. | - | NA | -133.3% | NA | NA | -61.9% | 197.5% | 13.6% | 105% | -62.1% | - |
| BVPS (₹) ⓘ | -0.3 | 0.2 | -0.3 | 0.4 | -3.1 | 8 | 10.4 | 15 | 49.9 | 114.8 | 166.4 |
| Adj Net Profit ⓘ | -0.2 | 0.2 | -0.1 | -0.1 | 2.7 | 3.6 | 10.8 | 12.2 | 28.4 | 12.6 | 12 |
| Cash Flow from Ops. ⓘ | -0.3 | -0.7 | -0.4 | -0.2 | 2.7 | 2.6 | 14.2 | 6.6 | 25.2 | 16.9 | - |
| Debt/CF from Ops. ⓘ | -2 | -0.6 | -0.7 | 0 | 2.1 | 0.7 | 0.1 | 0.5 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 61.4% | 9.1% | 26.4% | 8.3% | ||||
| Adj EPS ⓘ | NA | 0% | -4.1% | -62.1% | ||||
| BVPSⓘ | NA | NA | 123% | 130% | ||||
| Share Price | - | 181% | 72% | 4.4% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 12568.4 | -3567.8 | 481.2 | -530.5 | 44.4 | 27.4 | 63.5 | 52.2 | 40.5 | 6.3 | 3.3 |
| Op. Profit Mgn % ⓘ | 2.9 | -1233492.3 | 7 | -473.7 | 6.9 | 10.8 | 35.2 | 43.8 | 53.2 | 31.8 | 28.1 |
| Net Profit Mgn % ⓘ | -18.1 | 533919.4 | -77 | -498.8 | 4.5 | 6.1 | 23.8 | 27.2 | 33.6 | 13.8 | 10.5 |
| Debt to Equity ⓘ | -5.5 | 3.7 | -2.1 | 0 | -3.5 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 |
| Working Cap Days ⓘ | 132 | 40,55,807 | 1,174 | 136 | 52 | 108 | 137 | 170 | 190 | 254 | 301 |
| Cash Conv. Cycle ⓘ | 22 | 10,01,167 | 3 | -7 | 19 | 47 | 51 | 75 | 60 | 84 | 274 |
Sales growth is growing at healthy rate in last 3 years 26.40%
Sales growth is good in last 4 quarters at 63.55%
Return on Equity has declined versus last 3 years average to 3.30%
Net Profit has been subdued in last 3 years -4.05%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.6 | 4.6 |
| TTM Sales (₹ Cr.) | 113 | 120 |
| BVPS (₹.) ⓘ | 166.4 | 169.8 |
| Reserves (₹ Cr.) ⓘ | 382 | 413 |
| P/BV ⓘ | 4.45 | 4.36 |
| PE ⓘ | 161.68 | 160.34 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 639.00 / 1300.00 |
| All Time Low / High (₹) | 0.50 / 1300.00 |
| Market Cap (₹ Cr.) | 1,910 |
| Equity (₹ Cr.) | 25.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 40.9 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1 | 0 | 0 | 0 | 59 | 60 | 45 | 45 | 84 | 91 |
| Operating Expenses ⓘ | 1 | 0 | 0 | 0 | 55 | 53 | 29 | 25 | 40 | 62 |
| Manufacturing Costs | 0 | 0 | 0 | 0 | 12 | 16 | 13 | 14 | 15 | 22 |
| Material Costs | 1 | 0 | 0 | 0 | 32 | 27 | 9 | 2 | 12 | 13 |
| Employee Cost | 0 | 0 | 0 | 0 | 3 | 4 | 3 | 4 | 6 | 16 |
| Other Costs ⓘ | 0 | 0 | 0 | 0 | 7 | 7 | 5 | 4 | 6 | 11 |
| Operating Profit ⓘ | 0 | 0 | 0 | 0 | 4 | 6 | 16 | 20 | 45 | 29 |
| Operating Profit Margin (%) | 2.9% | -12,33,492.3% | -279.0% | -555.0% | 6.9% | 10.8% | 35.1% | 43.8% | 53.2% | 31.8% |
| Other Income ⓘ | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 3 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 2 |
| Depreciation ⓘ | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 6 | 11 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 0 | 0 | 0 | 4 | 5 | 14 | 17 | 38 | 19 |
| Tax ⓘ | 0 | 0 | 0 | 0 | 1 | 1 | 4 | 4 | 10 | 6 |
| Profit After Tax | 0 | 0 | 0 | 0 | 3 | 4 | 11 | 12 | 28 | 13 |
| PAT Margin (%) | -19.3% | 5,99,725.1% | -277.0% | -555.0% | 4.8% | 6.3% | 23.9% | 27.2% | 33.6% | 14.1% |
| Adjusted EPS (₹) | -0.5 | 0.5 | -0.5 | -0.3 | 5.6 | 2.0 | 5.8 | 6.6 | 13.6 | 5.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 73% | 68% | 60% | 33% | 19% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0 | 0 | 0 | 0 | -2 | 15 | 19 | 28 | 104 | 282 |
| Share Capital ⓘ | 5 | 5 | 5 | 5 | 5 | 18 | 18 | 18 | 21 | 25 |
| Reserves ⓘ | -5 | -5 | -5 | -5 | -7 | -4 | 1 | 9 | 84 | 257 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 1 | 0 | 0 | 0 | 5 | 1 | 0 | 3 | 0 | 0 |
| Long Term Debt | 1 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 3 | 0 | 0 |
| Trade Payables | 0 | 0 | 0 | 0 | 3 | 5 | 3 | 3 | 6 | 7 |
| Others Liabilities ⓘ | 1 | 0 | 0 | 0 | 15 | 4 | 8 | 4 | 14 | 76 |
| Total Liabilities ⓘ | 1 | 1 | 0 | 0 | 22 | 24 | 30 | 38 | 125 | 364 |
Fixed Assets | ||||||||||
| Gross Block | 5 | 0 | 0 | 0 | 5 | 6 | 10 | 15 | 47 | 204 |
| Accumulated Depreciation | 4 | 0 | 0 | 0 | 2 | 3 | 4 | 7 | 13 | 20 |
| Net Fixed Assetsⓘ | 1 | 0 | 0 | 0 | 3 | 3 | 5 | 8 | 34 | 183 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 8 | 13 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 | 0 | 2 | 2 | 4 | 4 | 12 | 12 |
| Trade Receivables | 0 | 0 | 0 | 0 | 8 | 13 | 6 | 14 | 16 | 20 |
| Cash Equivalents | 0 | 0 | 0 | 0 | 2 | 3 | 9 | 0 | 22 | 102 |
| Others Assetsⓘ | 0 | 1 | 0 | 0 | 7 | 3 | 6 | 8 | 33 | 34 |
| Total Assets ⓘ | 1 | 1 | 0 | 0 | 22 | 24 | 30 | 38 | 125 | 364 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0 | -1 | 0 | 0 | 3 | 3 | 14 | 7 | 25 | 17 |
| PBT ⓘ | 0 | 0 | 0 | 0 | 4 | 5 | 14 | 17 | 38 | 19 |
| Adjustment ⓘ | 0 | -1 | 0 | 0 | 2 | 1 | 2 | 3 | 7 | 11 |
| Changes in Working Capital ⓘ | -0 | -0 | -0 | -0 | -2 | -3 | 2 | -9 | -11 | -10 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | -2 | -1 | -4 | -4 | -9 | -4 |
| Cash Flow From Investing Activity ⓘ | 0 | 1 | 1 | 0 | -4 | 4 | 1 | -13 | -73 | -179 |
| Capex | 0 | 1 | 0 | 0 | -2 | -1 | -1 | -8 | -37 | -165 |
| Net Investments | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 | -18 | -22 |
| Others ⓘ | 0 | 0 | 1 | 0 | -1 | 5 | 1 | -5 | -18 | 8 |
| Cash Flow From Financing Activityⓘ | 0 | 0 | 0 | 0 | 2 | -5 | -8 | -2 | 52 | 220 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56 | 175 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | -4 | -1 | 2 | -3 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | -1 | 0 | -1 | -1 | -2 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -6 | -4 | -7 | -10 |
| Others ⓘ | 0 | 0 | 0 | 0 | 2 | 0 | -1 | -1 | 7 | 59 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 | 1 | 2 | 7 | -9 | 5 | 59 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | N/A | N/A | N/A | N/A | 57.27 | 63.62 | 52.2 | 42.96 | 6.68 |
| ROCE (%) | N/A | N/A | N/A | N/A | N/A | 33.76 | 79.82 | 66.88 | 54.44 | 10.66 |
| Asset Turnover Ratio | 0.86 | 0 | 0.25 | 0.28 | 5.42 | 2.58 | 1.65 | 1.33 | 1.04 | 0.37 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | 1 | 0.75 | 1.27 | 0.58 | 0.89 | 1.31 | Working Capital Days |
| Receivable Days | 75 | 0 | 20 | 0 | 48 | 64 | 76 | 79 | 65 | 72 |
| Inventory Days | 28 | 0 | 0 | 0 | 12 | 13 | 27 | 35 | 35 | 48 |
| Payable Days | 183 | 212 | 0 | 0 | 17 | 56 | 163 | 413 | 141 | 183 |
Praveg Communications (India) Limited (Formerly known as Sword & Shield Pharma Limited) is domiciled in India, incorporated on February 28, 1995 under the provisions of the Companies Act applicable in India and listed on Bombay Stock Exchange. The registered office of the company is located in Ahmedabad, Gujarat.
The merger of Praveg Communications Limited with Sword and Shield Pharma limited with effect from April 1, 2016, has led to creation of Praveg Communications (India) Limited.
Post-merger, the company is a leading Advertising company with core competence in Exhibition and Event Management. The company is also into the Hospitality sector. The company is having an inhouse modern design studio, a team of qualified and experienced professionals and sophisticated event infrastructure.
The company is reckoned among the leading Exhibition & Event Management Companies of India, having successfully managed hundreds of national & international exhibitions during the last many years. With an in-house modern design studio, a team of qualified & experienced professionals and sophisticated event infrastructure, Praveg can execute and manage the most challenging of assignments.
Business area of the company
The Company is principally engaged in business of providing services in holding and arranging Events, Exhibitions, Advertisement, Hospitality and in pharma sector.
Product and services
With ever-expanding range of products and services, the company has grown beyond the bounds of the Exhibition & Event Management Company. Today, the company is more a service company with a diversified portfolio including Advertising & Promotion, Event & Exhibition Management, Publications and Hospitality.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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