Praveg Ltd

Praveg Investor Presentation: Key Takeaways

Q2 FY27 consolidated total income ₹44.25 Cr (+16.9% YoY), EBITDA ₹(2.94) Cr, PAT ₹(20.13) Cr loss; H1 PAT ₹(33.37) Cr. Asset-light expansion continues.

Praveg Management Change

Praveg Limited's Company Secretary and Compliance Officer, Mukeshkumar Chaudhary, resigned effective November 3, 2026. Himalay Dudharejiya was appointed in his place from the same date.

Praveg Results Update

Praveg reported Q2 FY27 consolidated total income up 16.9% to ₹44.25 Cr, but net loss widened to ₹20.13 Cr. The release also flags the Lakshadweep property launch and a ₹11.16 Cr work order.

Praveg Q2 FY27 Results: Net Loss of ₹20.1 Cr, Loss Widens

Praveg Ltd reported revenue from operations of ₹43.7 Cr (+16.5% YoY) and a net loss of ₹20.1 Cr for Q2 FY27.

Key figure

Net loss ₹20.1 Cr

Praveg Legal & Regulatory

Praveg received a SEBI penalty order of ₹2 lakh over amalgamation-related non-compliance. The penalty is payable within 45 days.

Value

₹0.02 Cr

Praveg Order Update: ₹11.16 Cr

Praveg Ltd amended its rest shelter facilities contract with Tourism Corporation of Gujarat, revising accommodation to 6,700 personnel. The tentative value is Rs.11.16 Crore plus GST, subject to final measurement.

Value

₹11.16 Cr

From

Tourism Corporation of Gujarat Limited (TCGL), a Government of Gujarat undertaking

accommodation requirement

6700.0 personnel

Praveg Bags ₹11.16 Cr Order from Tourism Corporation of Gujarat Limited

Praveg received Work Order TCGL/ADM/RED/P01/2591/2026 from Tourism Corporation of Gujarat for event contracting at the Statue of Unity. The tentative contract value is Rs.11.16 Crore plus GST, subject to actual measured quantities.

Value

₹11.16 Cr

From

Tourism Corporation of Gujarat Limited (TCGL)

Execution

Operation 20 October 2026 to 1 November 2026 (13 days); works completed before 18 October 2026; dismantling within seven days after the event

Praveg Board Meeting Date

Praveg has scheduled a board meeting for 3 November 2026 to consider its unaudited standalone and consolidated results for the quarter and half-year ended September 2026. The trading window stays closed until 48 hours after the results are declared.

Praveg Other Announcement

Praveg Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.

Praveg Capacity Expansion

Praveg Ltd commenced operations at Praveg Atoll's Lakshadweep resort on Thinnakara Island, featuring 100 rooms. The launch expands its luxury hospitality portfolio in experiential tourism.

hotel rooms

100 rooms