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What Praveg promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q2 FY26

what the last two calls moved 6 tracked 1 delivered 1 missed 4 open
  • Lakshadweep Operations delivered, diluted said Q4 FY25 Promised: Start operations in October (post rainy season) Q2 FY26: Bangaram started (25-30% occupancy in Oct), but Thinnakara North is still 1 month away from launch.
  • Gross Debt missed said Q4 FY25 Promised: Remain debt-free; 'We do not want to raise any debt. That is our strategy.' Q2 FY26: Management admitted taking loans from group companies and stated they will use group debt, promoter funds, or bank loans if required for growth.
  • Resorts in Operation at risk said Q4 FY25 Promised: 25 operational resorts in FY26 Q2 FY26: 17 resorts operational at end of H1; requires 8 more in H2 to meet target

The rest of the ledger

Above is what the last two calls moved. Pro opens all 6 tracked commitments for Praveg — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens