The company is involved in construction and development and hospitality and management. The company has two government projects: Hydro Power Project and Nagpur Project.
The hospitality vertical PKH Ventures manages and operates restaurants, lounges, retail outlets, food stalls, bars, staff canteens and food supply at various Indian airports.
Garuda Construction, which PKH Ventures acquired in 2020, offers construction of commercial and residential buildings.
PKH Ventures has filed for maiden public issue where it offered to sell up to 2 crore equity shares, comprising up to 1 crore in fresh scrips and 98 lakh in offer for sale from existing shareholders.
PKH Ventures IPO Objectives
• The company proposes using net proceeds from new shares to invest and strengthen its subsidiary businesses.
• To promote inorganic growth and fund expenditures towards general corporate purposes.
Why should you invest in the PKH Ventures IPO?
Here are our top reasons:
- Deep industry experience for over fifteen years in operating and managing hotels, restaurants, vending machines, lounges, F&B counters, and other catering services in airports.
- Diverse business models of construction and development, hospitality and management help de-risk against recessionary conditions.
- Strong financial performance and robust balance sheet.
PKH Ventures IPO Noteworthy Highlights:
- The company operates in diversified verticals and generates revenues independent of each other.
- In Fiscal 2021 the company generated 53.96% of revenue from construction and development, 13.83% from hospitality and sale of food products, and 31.64% from management services.
Peer Details
PKH Ventures is into diversified business activities. Therefore there are no listed companies in India that work in several business activities that can be considered a competitor for PKH Ventures.
PKH Ventures Ltd Company Financials
| Financial year | As of 31st Dec 2022 (Rs. in cr) | Year ending on 31st March 2022 (Rs. in cr) |
|---|---|---|
| Revenue from Operations | 125.46 | 199.35 |
| Net Profit | 28.64 | 40.52 |
| Net Profit (%) | 18.47 | 16.51 |
| Net Worth | 356.03 | 327.40 |
| EPS | 4.47 | 6.33 |
| EBITDA | 64.67 | 99.03 |
Know before investing
Strengths
3Over the period of 18 years, PKH Ventures successfully operated and managed more than 15 airports in India.
They worked on several government projects in India, including power projects.
The company plans to take up several real estate development projects in India.
Risks
3Most of their projects were awarded through a competitive bidding process. The bids may not be approved at all times, which can affect the company adversely.
The power project can involve environmental and weather-related risks like cloudbursts and floods.
The results of new area development projects cannot be guaranteed.
