Praj Industries

What does Praj Industries do?

Praj Industries Ltd is a mid-cap industrial manufacturing company specializing in bioprocess solutions for the distillery industry. As of March 2025, it reported net sales of ₹860 Cr and a net profit of ₹40 Cr, with a market cap of ₹9,295 Cr.

Overview:<BR>Praj Industries Ltd is a mid-cap company in the industrial manufacturing sector that specializes in providing cutting-edge solutions to the distillery industry through bioprocesses and engineering.<BR><BR>History:<BR>Praj Industries Limited was incorporated on 8th November 1985. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 860 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 40 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 9,295 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 46.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 1.23% <BR>Debt Equity: -0.25 <BR>Return on Equity: 14.24% <BR>Price to Book: 6.52 <BR><BR>Contact Details:<BR>Address: Praj Tower 274 & 275/2, Bhumkar Chowk-Hinjewadi Road Pune Maharashtra : 411057 <BR>Tel: 91-20-71802000/22941000 <BR>Email: info@praj.net <BR>Website: http://www.praj.net

Who are in the management team of Praj Industries?

As of March 2022, the management team of Praj Industries includes Pramod Chaudhari (Executive Chairman), Shishir Joshipura (Managing Director & CEO), and several independent directors, along with other key executives like Sachin Raole (Executive Director & CFO) and Dattatrya Nimbolkar (Company Secretary). This team oversees the company's strategic direction and operations.

As of March 2022, the management team of Praj Industries includes the following individuals:<BR><BR>1. Pramod Chaudhari - Executive Chairman<BR>2. Berjis Desai - Independent Director<BR>3. Sivaramakrishnan Iyer - Independent Director<BR>4. Parimal Chaudhari - Director<BR>5. Dattatrya Nimbolkar - Company Secretary & Compliance Officer<BR>6. Sachin Raole - Executive Director & CFO<BR>7. Mrunalini Joshi - Independent Director<BR>8. Shishir Joshipura - Managing Director & CEO<BR>9. Shridhar Shukla - Independent Director<BR>10. Suhas Baxi - Independent Director<BR><BR>This team is responsible for guiding the strategic direction and operations of the company.

What is the bonus history of the Praj Industries?

Praj Industries has a bonus history that includes a 1:1 bonus issue announced on July 18, 2007, with a record date of July 25, 2007, allowing shareholders to receive one additional share for each share held.

Praj Industries has a bonus history that includes a significant event where the company announced a 1:1 bonus issue. This was executed with an ex-date of July 18, 2007, and the record date was set for July 25, 2007. This means that shareholders received one additional share for every share they held as of the record date.

Has Praj Industries declared dividend?

Yes, Praj Industries Ltd has declared a 300% dividend, amounting to ₹6 per share, with an ex-date of July 18, 2024. While the company has shown strong long-term performance, recent total returns have varied, with a -36.39% return over the last 6 months.

Praj Industries Ltd has declared a 300% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 300%<BR>- Amount per share: 6<BR>- Ex-date: 18 Jul 24<BR><BR>Dividend Yield: 1.23%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -36.39%, with a dividend return of 0%, resulting in a total return of -36.39%.<BR><BR>Over the past year, the price return was -5.79%, while the dividend return was 0.97%, leading to a total return of -4.82%.<BR><BR>In the 2-year period, the price return was 31.01%, the dividend return was 2.67%, and the total return reached 33.68%.<BR><BR>For the 3-year period, the price return was 53.25%, the dividend return was 3.34%, culminating in a total return of 56.59%.<BR><BR>In the last 4 years, the price return was 34.02%, with a dividend return of 3.78%, resulting in a total return of 37.8%.<BR><BR>Finally, over the past 5 years, the price return was an impressive 686.35%, the dividend return was 21.85%, leading to a total return of 708.2%.<BR><BR>Overall, while Praj Industries has declared a significant dividend, the total returns over various periods show considerable variability, with strong long-term performance but recent declines in shorter periods.

Who are the peers of the Praj Industries?

Praj Industries' peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Texmaco Rail, The Anup Enginee, Kennametal India, GMM Pfaudler, and Dynamatic Tech. Praj has good management risk and capital structure, with a 1-year return of -10.98%, better than Honeywell Auto but worse than Kaynes Tech's 65.43%.

Peers: The peers of Praj Industries are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Texmaco Rail, The Anup Enginee, Kennametal India, GMM Pfaudler, and Dynamatic Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, Jyoti CNC Auto., The Anup Enginee, Kennametal India, and GMM Pfaudler, while Good management risk is found at Praj Industries. Average management risk is noted at Kaynes Tech, LMW, Jupiter Wagons, Texmaco Rail, and Dynamatic Tech. For growth, Excellent growth is seen at Kaynes Tech, Jyoti CNC Auto., Jupiter Wagons, and Texmaco Rail, while Below Average growth is present at Honeywell Auto, LMW, The Anup Enginee, Kennametal India, and Dynamatic Tech. Praj Industries, Kaynes Tech, Jyoti CNC Auto., LMW, Jupiter Wagons, and GMM Pfaudler exhibit Good capital structure, while Excellent capital structure is noted at Honeywell Auto, LMW, Jupiter Wagons, The Anup Enginee, Kennametal India, and GMM Pfaudler.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.43%, while Honeywell Auto has the lowest at -26.32%. Praj Industries has a 1-year return of -10.98%, which is better than Honeywell Auto but worse than Kaynes Tech. Additionally, the peers with negative six-month returns include Honeywell Auto, Jupiter Wagons, Texmaco Rail, Kennametal India, and Dynamatic Tech.

Who are the top shareholders of the Praj Industries?

The top shareholders of Praj Industries include promoters, with Dr. Pramod Chaudhari holding 21.05%, institutional investors (17.92% from mutual funds and 17.16% from foreign institutional investors), and individual investors who collectively own 25.78% of the shares.

The top shareholders of Praj Industries include a mix of promoters, institutional investors, and individual shareholders. The majority of the shares are held by promoters, with Dr. Pramod Chaudhari being the promoter with the highest holding at 21.05%. <BR><BR>In terms of institutional investments, mutual funds hold 17.92% of the shares, with Canara Robeco Mutual Fund being the highest public shareholder at 4.85%. Additionally, foreign institutional investors (FIIs) hold 17.16% of the company's shares. Individual investors collectively hold 25.78% of the shares. <BR><BR>Overall, the shareholding structure reflects a strong presence of both promoter and institutional investments in Praj Industries.

How big is Praj Industries?

As of 24th July, Praj Industries Ltd has a market capitalization of 9,062.00 Cr, with recent Net Sales of 3,228.04 Cr and a Net Profit of 218.91 Cr. Shareholder's Funds are 1,381.77 Cr and Total Assets are 3,134.13 Cr as of March 2025.

As of 24th July, Praj Industries Ltd has a market capitalization of 9,062.00 Cr, categorizing it as a Mid Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 3,228.04 Cr and a Net Profit of 218.91 Cr.<BR><BR>As of March 2025, the company's Shareholder's Funds amounted to 1,381.77 Cr, while Total Assets were reported at 3,134.13 Cr.

Is Praj Industries technically bullish or bearish?

As of August 4, 2025, Praj Industries is in a bearish trend with moderate strength, indicated by bearish daily moving averages and weekly RSI, despite some mildly bullish signals from the MACD and KST, and has underperformed compared to the Sensex over the past year.

As of 4 August 2025, the technical trend for Praj Industries has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages showing a bearish signal, the weekly RSI indicating bearish momentum, and both the weekly and monthly Bollinger Bands confirming a bearish trend. Although the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish signals from other indicators. The stock has also underperformed significantly compared to the Sensex over multiple time frames, particularly year-to-date and over the past year.

How has been the historical performance of Praj Industries?

Praj Industries has shown fluctuating financial performance, with net sales peaking at 3,528.04 Cr in March 2023 but declining to 3,228.04 Cr by March 2025, alongside decreasing profitability metrics. While total assets grew significantly from 1,143.59 Cr in March 2020 to 3,134.13 Cr in March 2025, the company faced challenges in maintaining profitability in recent years.

Answer:<BR>The historical performance of Praj Industries shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Praj Industries' net sales peaked at 3,528.04 Cr in March 2023 but saw a decline to 3,228.04 Cr by March 2025. Total operating income followed a similar pattern, reaching 3,528.04 Cr in March 2023 before decreasing to 3,228.04 Cr in March 2025. The company's raw material costs were highest in March 2023 at 2,229.19 Cr, dropping to 1,540.22 Cr by March 2025. Operating profit (PBDIT) was at its highest in March 2024 with 431.31 Cr, but fell to 375.67 Cr in March 2025. Profit before tax also peaked in March 2024 at 377.46 Cr, decreasing to 298.55 Cr in March 2025. The profit after tax followed suit, declining from 283.39 Cr in March 2024 to 218.93 Cr in March 2025. The company's total assets grew from 1,143.59 Cr in March 2020 to 3,134.13 Cr in March 2025, while total liabilities increased from 1,143.59 Cr to 3,134.13 Cr in the same period. Cash flow from operating activities decreased significantly from 199.00 Cr in March 2024 to 42.00 Cr in March 2025, contributing to a net cash outflow of 42.00 Cr in March 2025. Overall, Praj Industries has experienced growth in assets and liabilities but faced challenges in maintaining profitability in recent years.

Is Praj Industries overvalued or undervalued?

As of November 25, 2025, Praj Industries is fairly valued with a PE ratio of 56.21, an EV to EBITDA of 24.58, and a dividend yield of 1.86%, but its lack of expected earnings growth and significant underperformance compared to the Sensex raise caution.

As of 25 November 2025, the valuation grade for Praj Industries has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 56.21, an EV to EBITDA of 24.58, and a dividend yield of 1.86%. <BR><BR>In comparison to peers, Praj Industries has a PE ratio that is slightly lower than Thermax, which stands at 57.82, while BEML Ltd has a lower PE ratio of 51.94 but is still considered expensive. Notably, Praj's PEG ratio is 0.00, indicating no expected growth in earnings, which is a significant outlier in the current market context. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -60.71% compared to the Sensex's 8.25%, further emphasizing the need for cautious optimism in its valuation outlook.

When is the next results date for Praj Industries Ltd?

The next results date for Praj Industries Ltd is 12 February 2026.

The next results date for Praj Industries Ltd is scheduled for 12 February 2026.

Are Praj Industries Ltd latest results good or bad?

Praj Industries Ltd's latest Q3 FY26 results are concerning, showing a net loss of ₹12.39 crore and declining operating margins, indicating significant operational challenges and reduced investor confidence. Immediate management attention is needed to address these issues.

Praj Industries Ltd's latest results for Q3 FY26 indicate a challenging period for the company. The net profit has turned negative, reporting a loss of ₹12.39 crore, which is a significant decline of 164.26% compared to the previous quarter. This marks a stark contrast to the profit of ₹19.28 crore in Q2 FY26.<BR><BR>Revenue remained relatively flat at ₹841.49 crore, showing a slight decrease of 0.02% from the prior quarter, but it reflects a year-on-year decline of 1.35%. Operating margins have also compressed significantly, dropping to 5.62% from 6.63% in Q2 FY26, highlighting operational inefficiencies.<BR><BR>The overall financial performance suggests that Praj Industries is facing serious operational challenges, leading to a crisis in profitability. The company's return on capital employed (ROCE) has plummeted to 11.63%, far below its historical average of 39.14%. Additionally, the decline in institutional investor confidence, evidenced by reduced stakes from mutual funds and foreign institutional investors, further underscores the negative sentiment surrounding the company's current trajectory.<BR><BR>In summary, the latest results are concerning, with significant losses and declining margins indicating a need for immediate management attention to address these operational issues.

Should I buy, sell or hold Praj Industries Ltd?

Why is Praj Industries Ltd falling/rising?

As of 12-May, Praj Industries Ltd's stock price is Rs 391.65, down 1.56% and reflecting a downward trend with a 5.69% decline over the past week. The company has reported negative financial results for five consecutive quarters, leading to decreased investor confidence and a perception of the stock as overvalued.

As of 12-May, Praj Industries Ltd's stock price is currently at Rs 391.65, reflecting a decrease of Rs 6.2, or 1.56%. The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 2.57% during this period. Additionally, the stock's performance over the past week shows a decline of 5.69%, which is significantly worse than the Sensex's drop of 3.19%.<BR><BR>The company has faced negative results for the last five consecutive quarters, with a notable decline in profit after tax (PAT) by 56.46% and a drop in profit before tax (PBT) of 65.11%. This consistent underperformance has contributed to a negative sentiment among investors. Furthermore, the stock's return over the past year is -17.43%, which is considerably worse than the broader market's decline of -1.45%.<BR><BR>Despite some positive factors, such as high management efficiency and being net-debt free, the stock is perceived as overvalued with a price-to-book value of 5.6, which is higher than its peers. The falling investor participation, evidenced by a 6% decrease in delivery volume compared to the five-day average, also indicates a lack of confidence among investors.<BR><BR>Overall, the combination of poor financial results, a significant decline in stock performance relative to the market, and reduced investor interest are key reasons for the current decline in Praj Industries Ltd's stock price.

Which are the latest news on Praj Industries?