Praj Industries Limited share price

NSE: PRAJIND · ISIN INE074A01025

Key numbers

Market cap
₹ 5,807 Cr
Current price
₹ 315.90
52-week high / low
₹ 428 / 273
Stock P/E
192.6
Book value
₹ 71.2
Dividend yield
1.14%
ROCE
4.6%
ROE
1.8%
Debt to equity
0.13
Sales growth (3 yrs)
-3.2%
Profit growth (3 yrs)
-53.7%
1-year return
-14.5%

About Praj Industries Limited

Praj Industries Limited operates in the field of bio-based technologies and engineering in India and internationally. It offers solutions for the ethanol industry, including multi-feed multi-product plants, modernization of existing plants, and renewable fuels comprising BioCNG, iso-butanol, etc.; and high purity system solutions for the biopharma industry, sterile formulations, topical and oral formulations, personal care, and nutraceutical industry. The company also provides customized plants, and equipment and technology solutions to customers in the brewing and beverage industry; reactors, pressure vessels, heat exchangers, columns, and proprietary equipment to hydrocarbon industry, petrochemicals, industrial gas plants, and chemical plants; and modular process packages. In addition, it offers wastewater treatment solutions, including treatment and disposal; 3Rs of reduce, recycle, and reuse; ZLD and resource recovery; operation and maintenance services; and value-added services. The company was incorporated in 1985 and is headquartered in Pune, India.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales860640841845416
Operating profit7531472330
Net profit405-121212
EPS (₹)2.170.29-0.670.630.63

Concall summary (2026-08-18)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Set for implementation between FY 2026- 2027 to FY 2035-2036.
  • Profit after tax stood at INR 116.1 million as compared to INR 53.4 million in Q1 of FY26.

Growth & demand

  • Through assured demand, remunerative and stable pricing, capital assistance, pipeline infrastructure, credit support, and continuous technology development, the scheme transforms CBG into a bankable infrastructure asset.
  • This strategic framework guarantees a minimum business volume of about US dollar 50 million over the next two and a half years, with a potential upside depending on the customer project schedules.

Margins & costs

  • One is margin of this quarter versus margin of the last quarter, that is March quarter, and margin of this quarter and margin of the last corresponding period quarter.
  • This quarter, we have seen 3% margin improvement only on the material cost.

Capex & expansion

  • While greenfield projects are moving slowly, we see increasing demand for our Brownfield solutions, where customers are prioritizing operational efficiency improvements and value -added co -products, such as the Distillers corn oil or DCO.
  • There is a strong demand for greenfield ENA plants, where Praj has a clear technology edge.

Balance sheet & cash

  • With Praj's proven technology performance on multiple feedstocks, we are ready to leverage this opportunity.
  • In yesterday's AGM, shareholders have approved the payment of final dividend of 180% per share.

Peers in Engineering & Construction

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