New Risk • May 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (10.0% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₹1.43b market cap, or US$15.1m). Announcement • May 22
Pramara Promotions Limited to Report Second Half, 2026 Results on May 26, 2026 Pramara Promotions Limited announced that they will report second half, 2026 results on May 26, 2026 New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₹2.17b market cap, or US$22.5m). Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to ₹247, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 18x in the Leisure industry in Asia. Total returns to shareholders of 56% over the past year. Announcement • Nov 11
Pramara Promotions Limited to Report First Half, 2026 Results on Nov 12, 2025 Pramara Promotions Limited announced that they will report first half, 2026 results on Nov 12, 2025 New Risk • Oct 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). High level of non-cash earnings (36% accrual ratio). Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (₹3.13b market cap, or US$35.2m). Board Change • Sep 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Additional Independent Director Utsav Bhavsar was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 09
Pramara Promotions Limited, Annual General Meeting, Sep 30, 2025 Pramara Promotions Limited, Annual General Meeting, Sep 30, 2025, at 12:30 Indian Standard Time. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹1.46b market cap, or US$17.1m). New Risk • Mar 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Significant insider selling over the past 3 months (₹12m sold). Market cap is less than US$100m (₹1.01b market cap, or US$11.7m). Recent Insider Transactions • Mar 19
CFO & Whole-Time Director recently sold ₹971k worth of stock On the 12th of March, Sheetal Lamba sold around 7k shares on-market at roughly ₹139 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹4.0m. Sheetal has been a net seller over the last 12 months, reducing personal holdings by ₹12m. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹156, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 19x in the Leisure industry in Asia. Total returns to shareholders of 27% over the past year. Recent Insider Transactions • Feb 04
CFO & Whole-Time Director recently sold ₹3.7m worth of stock On the 30th of January, Sheetal Lamba sold around 30k shares on-market at roughly ₹122 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sheetal's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹159, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 18x in the Leisure industry in Asia. Total returns to shareholders of 56% over the past year. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹150, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 18x in the Leisure industry in Asia. Total returns to shareholders of 51% over the past year. Announcement • Sep 16
Pramara Promotions Limited, Annual General Meeting, Sep 28, 2024 Pramara Promotions Limited, Annual General Meeting, Sep 28, 2024, at 12:30 Indian Standard Time. Announcement • Sep 04
Pramara Promotions Limited Approves Resignation of Suhail Abbas Motlekar as Independent Director The Board of Directors of Pramara Promotions Limited at its meeting held on September 03, 2024 approved the resignation of Mr. Suhail Abbas Motlekar. Mr. Suhail Abbas Motlekar, Independent Director of the Company has vide his resignation letter dated September 03, 2024 resigned from the Board of the Company with immediate effect, due to transition into a different role with the Company. Further, the Company has received confirmation from Mr. Suhail Abbas Motlekar, that there are no other material reasons for his resignation other than those which is provided in the resignation letter dated September 03, 2024. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹160, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 17x in the Leisure industry in Asia. New Risk • Jun 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹1.54b market cap, or US$18.4m). New Risk • May 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.46b market cap, or US$17.5m). Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹154, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 19x in the Leisure industry in Asia. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹107, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 18x in the Leisure industry in Asia. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹85.55, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 16x in the Leisure industry in Asia. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹106, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 16x in the Leisure industry in Asia. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹129, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 15x in the Leisure industry in Asia. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹118, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 17x in the Leisure industry in Asia. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹99.05, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 17x in the Leisure industry in Asia. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹81.85, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 15x in the Leisure industry in Asia. Board Change • Sep 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Dalpat Mehta was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 14
Pramara Promotions Limited has completed an IPO in the amount of INR 152.712 million. Pramara Promotions Limited has completed an IPO in the amount of INR 152.712 million.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 124,000
Price\Range: INR 63
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,150,000
Price\Range: INR 63
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,150,000
Price\Range: INR 63
Transaction Features: Regulation S