Praj Industries

NSE: PRAJINDBSE: 522205
Compare with peers
₹ 253.50▲ 3 (+1.2%)28 Oct, 03:29 pm IST
Market cap
₹ 4,614 Cr.
P/E
91.4x
P/B
3.62x
52-week range
246.2 – 427.65
ROE
1%
ROCE
6%
Dividend yield
1.4%
Debt / equity
0.13
Sector
Industrial Manufacturing
Industry
Industrial Products
Listed on
NSE, BSE

About

Praj Industries Limited is an industrial biotechnology company. It is engaged in process and project engineering. It also provides design and engineering services. Its business lines include BioEnergy, Praj HiPurity Systems, critical, process equipment and skids, wastewater treatment and brewery and beverages. The Company’s BioMobility platform offers technology solutions globally to produce renewable transportation fuel, thus ensuring sustainable decarbonization through circular bioeconomy. Its Bio-Prism portfolio comprises technologies for the production of renewable chemicals and materials. Its BioEnergy solutions include first generation (1G) ethanol, which provides solutions for sugary feedstocks and solutions for starchy feedstocks. Its technologies include BIOSYRUP, EcoCool, MAXIMOL, Celluniti and enfinity. Its diverse portfolio comprises Bio-energy solutions, critical process equipment and modularization, breweries, zero liquid discharge systems and high purity water systems.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Industrial Products: 186 companies →

Praj Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)91.4 against a typical 30.9: pricier than most peers (1st = cheapest).162nd of 184
  • Sales growth+11.9% against a typical +20.3% from a year earlier.88th of 147
  • Profit growth+140% against a typical +9.4% from a year earlier.20th of 121
  • Share price, 3 months−19.2% against a typical −3.7%.130th of 164
  • Size₹ 4,613.7 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).20th of 176

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA by CRISIL
AA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AAStable19 Aug 2026
Credit rating actions
RatingDetails
19 Aug 2026
Reaffirmed
Crisil AA—CRISIL₹ 535 Cr.

Research by Minerva Capital Research Solutions

Our research team's work on Praj Industries

Also covered in

Company note · 10 May 2025 · Free

Board meetings

Results dates and other board meetings. Full calendar

Details
29 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
13 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
28 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
12 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
5 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
11 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
29 Apr 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change −24.99%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8828291,019699816853860640842841845716
Expenses798731888607730780784609786800821686
Operating Profit8498131928673753156412330
OPM %10%12%13%13%11%9%9%4.9%7%4.9%2.8%4.2%
Other Income119114014141095−233320
Interest144554555554
Depreciation91115202123222527272725
Profit before tax85921231077459581030−132421
Tax %26%23%25%21%28%30%32%44%35%−4%51%45%
Net Profit62709284544140519−121212
EPS in Rs3.393.8354.582.932.242.170.291.05−0.670.630.63

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
12%
5 Years
19%
3 Years
−4%
TTM
2%
Compounded Profit Growth
10 Years
−13%
5 Years
−24%
3 Years
−56%
TTM
−64%
Stock Price CAGR
10 Years
14%
5 Years
2%
3 Years
−11%
TTM
—
Return on Equity
10 Years
12%
5 Years
15%
3 Years
12%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
32.81%
0 pts in a year
FIIs
17.75%
+0.89 pts in a year
DIIs
14.09%
−3.34 pts in a year
Public
35.34%
+2.45 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 91.4xEPS (12 months) ₹ 2.75Median P/E 28.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Praj Industries₹ 253.50₹ 4,614 Cr.91.4x3.6x1%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.166x3.3x10.2%35.9%

Management

Pramod Chaudhari
Executive Chairman of the Board
Sachin Raole
Chief Financial Officer, Joint Managing Director, Executive Director
Anant Narayan Bavare
Compliance Officer, Company Secretary
Ashish Gaikwad
Joint Managing Director, Director

Prices are delayed and for information only. Nothing on this page is investment advice.