Share Price and Basic Stock Data
Last Updated: November 26, 2025, 5:51 pm
| PEG Ratio | -8.31 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Praj Industries Ltd operates in the heavy engineering sector, specializing in biotechnology and process engineering. The company reported a market capitalization of ₹6,275 Cr and a current share price of ₹341. Praj Industries has demonstrated a significant increase in sales, recording ₹3,528 Cr for the year ending March 2023, up from ₹2,333 Cr in March 2022. Following this, the sales for March 2024 stood at ₹3,466 Cr, reflecting a slight decline, while the TTM sales were ₹3,195 Cr. Quarterly sales figures illustrate variability, with the highest recorded at ₹1,003.98 Cr in March 2023, followed by a drop to ₹699.14 Cr in June 2024. The company’s revenue trajectory indicates resilience, although fluctuations in quarterly performance merit attention.
Profitability and Efficiency Metrics
Praj Industries has exhibited varying profitability levels, with a net profit of ₹240 Cr for the fiscal year ending March 2023, which later rose to ₹283 Cr in March 2024, before declining to ₹219 Cr in March 2025. Operating profit margins (OPM) have also fluctuated, with the most recent figure recorded at 10% for March 2024, indicating improvement from the previous year’s 9% but declining to 10% in March 2025. The company’s return on equity (ROE) stood at 14.1%, while the return on capital employed (ROCE) was reported at 17.9%, suggesting effective utilization of capital. The interest coverage ratio is robust at 19.95x, indicating strong ability to meet interest obligations, although the operating profit margin’s fluctuation indicates potential areas for operational improvement.
Balance Sheet Strength and Financial Ratios
The balance sheet of Praj Industries reflects a strong equity base with reserves reported at ₹1,264 Cr and borrowings of ₹210 Cr, demonstrating a conservative leverage approach. The company’s debt-to-equity ratio stands at 0.00, indicating minimal reliance on external debt for financing operations. The book value per share has shown a consistent upward trend, increasing to ₹75.17 as of March 2025 from ₹49.89 in March 2022. Financial ratios like the current ratio at 1.51 and quick ratio at 1.36 suggest good liquidity management. However, the price-to-book value ratio of 7.38x indicates that the stock is trading at a premium compared to its book value, which may raise concerns for value-focused investors. The enterprise value stands at ₹10,012.41 Cr, which is significant in relation to net operating revenue.
Shareholding Pattern and Investor Confidence
Praj Industries’ shareholding structure indicates a balanced distribution among various investor categories. Promoters hold 32.81% of the shares, while foreign institutional investors (FIIs) account for 17.53% and domestic institutional investors (DIIs) hold 14.83%. The public’s share stands at 34.82%, reflecting a healthy retail investor base of approximately 4,03,110 shareholders. The trend in shareholding has been relatively stable, with promoter holdings slightly declining from 32.87% in December 2022. Notably, the public shareholding has increased from 41.84% to 34.82% over the same period, signaling growing retail interest. However, the fluctuation in FII holdings, which peaked at 18.30% in June 2023 before declining, may affect market sentiment and investor confidence.
Outlook, Risks, and Final Insight
The outlook for Praj Industries appears cautiously optimistic, supported by its strong market position and operational efficiency. However, revenue fluctuations and declining profitability figures in the latest fiscal periods raise concerns. Key risks include potential supply chain disruptions, competition in the engineering sector, and reliance on a few key clients for revenue. Additionally, the high price-to-book ratio suggests that the stock may be overvalued, which could deter value investors. On the other hand, the company’s robust interest coverage and low debt levels provide a buffer against economic downturns. Should Praj Industries successfully navigate operational challenges and stabilize its revenue streams, it could enhance its market position significantly, yet vigilance regarding market conditions and financial health remains essential.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Praj Industries Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Lakshmi Engineering & Warehousing Ltd | 154 Cr. | 2,300 | 2,787/1,805 | 181 | 328 | 0.43 % | 5.84 % | 4.01 % | 100 |
| HLE Glascoat Ltd | 3,225 Cr. | 464 | 662/218 | 56.4 | 73.0 | 0.24 % | 12.5 % | 10.7 % | 2.00 |
| Harish Textile Engineers Ltd | 21.7 Cr. | 64.9 | 103/52.4 | 6.55 | 33.2 | 0.00 % | 9.56 % | 2.84 % | 10.0 |
| Disa India Ltd | 1,846 Cr. | 12,692 | 18,010/12,282 | 35.6 | 1,905 | 1.58 % | 28.9 % | 21.2 % | 10.0 |
| Cranex Ltd | 48.6 Cr. | 74.0 | 151/62.5 | 24.9 | 38.3 | 0.00 % | 10.3 % | 11.1 % | 10.0 |
| Industry Average | 10,810.21 Cr | 1,444.68 | 81.31 | 296.33 | 0.33% | 15.76% | 12.90% | 8.88 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 731.97 | 880.62 | 911.47 | 1,003.98 | 736.72 | 882.37 | 828.62 | 1,018.56 | 699.14 | 816.19 | 853.03 | 859.68 | 640.20 |
| Expenses | 676.07 | 813.01 | 825.30 | 895.65 | 661.23 | 798.35 | 731.07 | 887.82 | 607.16 | 729.98 | 780.32 | 785.75 | 608.77 |
| Operating Profit | 55.90 | 67.61 | 86.17 | 108.33 | 75.49 | 84.02 | 97.55 | 130.74 | 91.98 | 86.21 | 72.71 | 73.93 | 31.43 |
| OPM % | 7.64% | 7.68% | 9.45% | 10.79% | 10.25% | 9.52% | 11.77% | 12.84% | 13.16% | 10.56% | 8.52% | 8.60% | 4.91% |
| Other Income | 5.47 | 6.17 | 7.76 | 16.20 | 12.12 | 10.89 | 9.06 | 11.43 | 40.14 | 13.51 | 13.77 | 11.57 | 8.59 |
| Interest | 0.74 | 0.82 | 0.83 | 2.24 | 1.10 | 1.03 | 3.84 | 3.82 | 4.92 | 4.72 | 4.38 | 4.81 | 5.20 |
| Depreciation | 6.39 | 7.19 | 7.19 | 9.48 | 8.81 | 9.07 | 10.85 | 15.33 | 20.16 | 20.56 | 23.28 | 22.44 | 25.21 |
| Profit before tax | 54.24 | 65.77 | 85.91 | 112.81 | 77.70 | 84.81 | 91.92 | 123.02 | 107.04 | 74.44 | 58.82 | 58.25 | 9.61 |
| Tax % | 23.91% | 26.84% | 27.46% | 21.89% | 24.48% | 26.46% | 23.39% | 25.27% | 21.36% | 27.69% | 30.13% | 31.66% | 44.43% |
| Net Profit | 41.26 | 48.13 | 62.31 | 88.12 | 58.67 | 62.36 | 70.42 | 91.93 | 84.18 | 53.83 | 41.11 | 39.81 | 5.34 |
| EPS in Rs | 2.25 | 2.62 | 3.39 | 4.80 | 3.19 | 3.39 | 3.83 | 5.00 | 4.58 | 2.93 | 2.24 | 2.17 | 0.29 |
Last Updated: August 20, 2025, 5:10 am
Below is a detailed analysis of the quarterly data for Praj Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 640.20 Cr.. The value appears to be declining and may need further review. It has decreased from 859.68 Cr. (Mar 2025) to 640.20 Cr., marking a decrease of 219.48 Cr..
- For Expenses, as of Jun 2025, the value is 608.77 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 785.75 Cr. (Mar 2025) to 608.77 Cr., marking a decrease of 176.98 Cr..
- For Operating Profit, as of Jun 2025, the value is 31.43 Cr.. The value appears to be declining and may need further review. It has decreased from 73.93 Cr. (Mar 2025) to 31.43 Cr., marking a decrease of 42.50 Cr..
- For OPM %, as of Jun 2025, the value is 4.91%. The value appears to be declining and may need further review. It has decreased from 8.60% (Mar 2025) to 4.91%, marking a decrease of 3.69%.
- For Other Income, as of Jun 2025, the value is 8.59 Cr.. The value appears to be declining and may need further review. It has decreased from 11.57 Cr. (Mar 2025) to 8.59 Cr., marking a decrease of 2.98 Cr..
- For Interest, as of Jun 2025, the value is 5.20 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.81 Cr. (Mar 2025) to 5.20 Cr., marking an increase of 0.39 Cr..
- For Depreciation, as of Jun 2025, the value is 25.21 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 22.44 Cr. (Mar 2025) to 25.21 Cr., marking an increase of 2.77 Cr..
- For Profit before tax, as of Jun 2025, the value is 9.61 Cr.. The value appears to be declining and may need further review. It has decreased from 58.25 Cr. (Mar 2025) to 9.61 Cr., marking a decrease of 48.64 Cr..
- For Tax %, as of Jun 2025, the value is 44.43%. The value appears to be increasing, which may not be favorable. It has increased from 31.66% (Mar 2025) to 44.43%, marking an increase of 12.77%.
- For Net Profit, as of Jun 2025, the value is 5.34 Cr.. The value appears to be declining and may need further review. It has decreased from 39.81 Cr. (Mar 2025) to 5.34 Cr., marking a decrease of 34.47 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.29. The value appears to be declining and may need further review. It has decreased from 2.17 (Mar 2025) to 0.29, marking a decrease of 1.88.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 4:39 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 986 | 1,012 | 1,024 | 915 | 917 | 1,141 | 1,102 | 1,305 | 2,333 | 3,528 | 3,466 | 3,228 | 3,195 |
| Expenses | 907 | 919 | 910 | 846 | 865 | 1,062 | 1,024 | 1,192 | 2,140 | 3,220 | 3,094 | 2,913 | 2,961 |
| Operating Profit | 79 | 93 | 114 | 69 | 52 | 79 | 78 | 112 | 194 | 308 | 372 | 315 | 234 |
| OPM % | 8% | 9% | 11% | 8% | 6% | 7% | 7% | 9% | 8% | 9% | 11% | 10% | 7% |
| Other Income | 23 | 34 | 18 | 22 | 27 | 32 | 30 | 26 | 36 | 45 | 59 | 89 | 39 |
| Interest | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 3 | 5 | 10 | 19 | 19 |
| Depreciation | 24 | 38 | 25 | 22 | 24 | 23 | 22 | 22 | 23 | 30 | 44 | 86 | 98 |
| Profit before tax | 77 | 86 | 105 | 68 | 53 | 88 | 83 | 113 | 205 | 319 | 377 | 299 | 156 |
| Tax % | 27% | 9% | 22% | 34% | 26% | 22% | 15% | 28% | 27% | 25% | 25% | 27% | |
| Net Profit | 57 | 78 | 82 | 45 | 39 | 68 | 70 | 81 | 150 | 240 | 283 | 219 | 106 |
| EPS in Rs | 3.08 | 4.30 | 4.63 | 2.49 | 2.18 | 3.73 | 3.85 | 4.42 | 8.18 | 13.05 | 15.42 | 11.91 | 5.75 |
| Dividend Payout % | 72% | 38% | 35% | 65% | 74% | 57% | 70% | 49% | 51% | 34% | 39% | 50% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 36.84% | 5.13% | -45.12% | -13.33% | 74.36% | 2.94% | 15.71% | 85.19% | 60.00% | 17.92% | -22.61% |
| Change in YoY Net Profit Growth (%) | 0.00% | -31.71% | -50.25% | 31.79% | 87.69% | -71.42% | 12.77% | 69.47% | -25.19% | -42.08% | -40.53% |
Praj Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 24% |
| 3 Years: | 11% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 23% |
| 3 Years: | 9% |
| TTM: | -51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 42% |
| 3 Years: | -2% |
| 1 Year: | -47% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 18% |
| 3 Years: | 20% |
| Last Year: | 14% |
Last Updated: September 5, 2025, 12:35 pm
Balance Sheet
Last Updated: November 9, 2025, 2:44 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 35 | 35 | 36 | 36 | 36 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 37 |
| Reserves | 547 | 587 | 620 | 674 | 690 | 708 | 683 | 765 | 879 | 1,041 | 1,238 | 1,345 | 1,264 |
| Borrowings | 21 | 17 | 16 | 4 | 6 | 0 | 0 | 18 | 21 | 42 | 169 | 195 | 210 |
| Other Liabilities | 670 | 504 | 485 | 473 | 401 | 502 | 442 | 774 | 1,276 | 1,499 | 1,450 | 1,581 | 1,722 |
| Total Liabilities | 1,274 | 1,144 | 1,157 | 1,187 | 1,133 | 1,247 | 1,162 | 1,594 | 2,213 | 2,619 | 2,894 | 3,157 | 3,233 |
| Fixed Assets | 323 | 302 | 272 | 270 | 297 | 290 | 294 | 284 | 286 | 317 | 474 | 567 | 585 |
| CWIP | 2 | 1 | 1 | 31 | 4 | 2 | 2 | 1 | 2 | 7 | 43 | 18 | 13 |
| Investments | 91 | 158 | 145 | 134 | 201 | 211 | 164 | 335 | 463 | 543 | 497 | 428 | 189 |
| Other Assets | 859 | 682 | 738 | 752 | 631 | 744 | 702 | 975 | 1,461 | 1,752 | 1,880 | 2,144 | 2,446 |
| Total Assets | 1,274 | 1,144 | 1,157 | 1,187 | 1,133 | 1,247 | 1,162 | 1,594 | 2,213 | 2,619 | 2,894 | 3,157 | 3,233 |
Below is a detailed analysis of the balance sheet data for Praj Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 37.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 37.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,264.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,345.00 Cr. (Mar 2025) to 1,264.00 Cr., marking a decrease of 81.00 Cr..
- For Borrowings, as of Sep 2025, the value is 210.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 195.00 Cr. (Mar 2025) to 210.00 Cr., marking an increase of 15.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 1,722.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,581.00 Cr. (Mar 2025) to 1,722.00 Cr., marking an increase of 141.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 3,233.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,157.00 Cr. (Mar 2025) to 3,233.00 Cr., marking an increase of 76.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 585.00 Cr.. The value appears strong and on an upward trend. It has increased from 567.00 Cr. (Mar 2025) to 585.00 Cr., marking an increase of 18.00 Cr..
- For CWIP, as of Sep 2025, the value is 13.00 Cr.. The value appears to be declining and may need further review. It has decreased from 18.00 Cr. (Mar 2025) to 13.00 Cr., marking a decrease of 5.00 Cr..
- For Investments, as of Sep 2025, the value is 189.00 Cr.. The value appears to be declining and may need further review. It has decreased from 428.00 Cr. (Mar 2025) to 189.00 Cr., marking a decrease of 239.00 Cr..
- For Other Assets, as of Sep 2025, the value is 2,446.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,144.00 Cr. (Mar 2025) to 2,446.00 Cr., marking an increase of 302.00 Cr..
- For Total Assets, as of Sep 2025, the value is 3,233.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,157.00 Cr. (Mar 2025) to 3,233.00 Cr., marking an increase of 76.00 Cr..
Notably, the Reserves (1,264.00 Cr.) exceed the Borrowings (210.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 58.00 | 76.00 | 98.00 | 65.00 | 46.00 | 79.00 | 78.00 | 94.00 | 173.00 | 266.00 | 203.00 | 120.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119 | 101 | 131 | 118 | 105 | 98 | 109 | 127 | 80 | 82 | 68 | 63 |
| Inventory Days | 170 | 164 | 79 | 82 | 63 | 76 | 73 | 64 | 86 | 55 | 41 | 56 |
| Days Payable | 153 | 128 | 162 | 167 | 137 | 140 | 124 | 169 | 106 | 84 | 92 | 106 |
| Cash Conversion Cycle | 136 | 137 | 48 | 33 | 30 | 33 | 59 | 21 | 60 | 54 | 16 | 12 |
| Working Capital Days | 47 | 26 | 46 | 66 | 51 | 39 | 65 | 12 | 4 | 8 | 16 | 32 |
| ROCE % | 11% | 12% | 16% | 10% | 6% | 11% | 11% | 15% | 23% | 31% | 29% | 18% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Canara Robeco Emerging Equities | 7,345,881 | 2.11 | 518.11 | 7,345,881 | 2025-04-22 17:25:22 | 0% |
| Nippon India Small Cap Fund | 5,381,627 | 0.63 | 379.57 | 5,381,627 | 2025-04-22 17:25:22 | 0% |
| Franklin India Smaller Companies Fund | 1,754,373 | 0.85 | 123.74 | 1,754,373 | 2025-04-22 02:06:43 | 0% |
| Nippon India Power & Infra Fund | 1,500,000 | 1.4 | 105.8 | 1,500,000 | 2025-04-22 05:23:31 | 0% |
| UTI Mid Cap Fund | 1,250,570 | 0.71 | 88.2 | 1,250,570 | 2025-04-22 17:25:22 | 0% |
| Motilal Oswal Small Cap Fund | 819,960 | 2.7 | 57.83 | 819,960 | 2025-04-22 17:25:22 | 0% |
| Franklin Build India Fund | 762,057 | 1.87 | 53.75 | 762,057 | 2025-04-22 17:25:22 | 0% |
| Franklin India Prima Fund | 750,000 | 0.42 | 52.9 | 750,000 | 2025-04-22 17:25:22 | 0% |
| Bandhan Core Equity Fund | 632,825 | 0.75 | 44.63 | 632,825 | 2025-04-22 17:25:22 | 0% |
| Bandhan Focused Equity Fund | 630,391 | 2.69 | 44.46 | 630,391 | 2025-04-22 17:25:22 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 11.91 | 15.42 | 13.05 | 8.18 | 4.43 |
| Diluted EPS (Rs.) | 11.91 | 15.42 | 13.05 | 8.18 | 4.43 |
| Cash EPS (Rs.) | 16.61 | 17.81 | 14.70 | 9.41 | 5.63 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 75.17 | 69.34 | 58.68 | 49.89 | 43.80 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 75.17 | 69.34 | 58.68 | 49.89 | 43.80 |
| Revenue From Operations / Share (Rs.) | 175.61 | 188.57 | 192.04 | 127.04 | 71.20 |
| PBDIT / Share (Rs.) | 20.44 | 23.46 | 19.25 | 12.52 | 7.54 |
| PBIT / Share (Rs.) | 15.73 | 21.07 | 17.60 | 11.29 | 6.33 |
| PBT / Share (Rs.) | 16.24 | 20.53 | 17.35 | 11.15 | 6.17 |
| Net Profit / Share (Rs.) | 11.91 | 15.42 | 13.05 | 8.18 | 4.42 |
| NP After MI And SOA / Share (Rs.) | 11.91 | 15.42 | 13.05 | 8.18 | 4.42 |
| PBDIT Margin (%) | 11.63 | 12.44 | 10.02 | 9.85 | 10.58 |
| PBIT Margin (%) | 8.95 | 11.17 | 9.16 | 8.88 | 8.88 |
| PBT Margin (%) | 9.24 | 10.88 | 9.03 | 8.78 | 8.66 |
| Net Profit Margin (%) | 6.78 | 8.17 | 6.79 | 6.43 | 6.21 |
| NP After MI And SOA Margin (%) | 6.78 | 8.17 | 6.79 | 6.43 | 6.21 |
| Return on Networth / Equity (%) | 15.84 | 22.23 | 22.24 | 16.40 | 10.10 |
| Return on Capital Employeed (%) | 18.59 | 26.96 | 28.91 | 21.87 | 13.97 |
| Return On Assets (%) | 6.92 | 9.78 | 9.15 | 6.78 | 5.08 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.42 |
| Asset Turnover Ratio (%) | 1.07 | 1.26 | 1.36 | 1.12 | 0.82 |
| Current Ratio (X) | 1.51 | 1.52 | 1.45 | 1.46 | 1.62 |
| Quick Ratio (X) | 1.36 | 1.37 | 1.23 | 1.18 | 1.45 |
| Inventory Turnover Ratio (X) | 13.62 | 6.90 | 6.51 | 6.26 | 6.23 |
| Dividend Payout Ratio (NP) (%) | 50.38 | 29.21 | 32.12 | 26.39 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 36.11 | 25.28 | 28.52 | 22.94 | 0.00 |
| Earning Retention Ratio (%) | 49.62 | 70.79 | 67.88 | 73.61 | 0.00 |
| Cash Earning Retention Ratio (%) | 63.89 | 74.72 | 71.48 | 77.06 | 0.00 |
| Interest Coverage Ratio (X) | 19.95 | 44.06 | 76.39 | 91.81 | 48.33 |
| Interest Coverage Ratio (Post Tax) (X) | 11.13 | 29.95 | 52.81 | 60.98 | 29.37 |
| Enterprise Value (Cr.) | 10012.41 | 9579.22 | 6119.01 | 7160.46 | 3776.42 |
| EV / Net Operating Revenue (X) | 3.10 | 2.76 | 1.73 | 3.07 | 2.89 |
| EV / EBITDA (X) | 26.65 | 22.21 | 17.30 | 31.14 | 27.35 |
| MarketCap / Net Operating Revenue (X) | 3.16 | 2.82 | 1.78 | 3.13 | 2.73 |
| Retention Ratios (%) | 49.61 | 70.78 | 67.87 | 73.60 | 0.00 |
| Price / BV (X) | 7.38 | 7.68 | 5.81 | 7.99 | 4.45 |
| Price / Net Operating Revenue (X) | 3.16 | 2.82 | 1.78 | 3.13 | 2.73 |
| EarningsYield | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 |
After reviewing the key financial ratios for Praj Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 11.91. This value is within the healthy range. It has decreased from 15.42 (Mar 24) to 11.91, marking a decrease of 3.51.
- For Diluted EPS (Rs.), as of Mar 25, the value is 11.91. This value is within the healthy range. It has decreased from 15.42 (Mar 24) to 11.91, marking a decrease of 3.51.
- For Cash EPS (Rs.), as of Mar 25, the value is 16.61. This value is within the healthy range. It has decreased from 17.81 (Mar 24) to 16.61, marking a decrease of 1.20.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 75.17. It has increased from 69.34 (Mar 24) to 75.17, marking an increase of 5.83.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 75.17. It has increased from 69.34 (Mar 24) to 75.17, marking an increase of 5.83.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 175.61. It has decreased from 188.57 (Mar 24) to 175.61, marking a decrease of 12.96.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 20.44. This value is within the healthy range. It has decreased from 23.46 (Mar 24) to 20.44, marking a decrease of 3.02.
- For PBIT / Share (Rs.), as of Mar 25, the value is 15.73. This value is within the healthy range. It has decreased from 21.07 (Mar 24) to 15.73, marking a decrease of 5.34.
- For PBT / Share (Rs.), as of Mar 25, the value is 16.24. This value is within the healthy range. It has decreased from 20.53 (Mar 24) to 16.24, marking a decrease of 4.29.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 11.91. This value is within the healthy range. It has decreased from 15.42 (Mar 24) to 11.91, marking a decrease of 3.51.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 11.91. This value is within the healthy range. It has decreased from 15.42 (Mar 24) to 11.91, marking a decrease of 3.51.
- For PBDIT Margin (%), as of Mar 25, the value is 11.63. This value is within the healthy range. It has decreased from 12.44 (Mar 24) to 11.63, marking a decrease of 0.81.
- For PBIT Margin (%), as of Mar 25, the value is 8.95. This value is below the healthy minimum of 10. It has decreased from 11.17 (Mar 24) to 8.95, marking a decrease of 2.22.
- For PBT Margin (%), as of Mar 25, the value is 9.24. This value is below the healthy minimum of 10. It has decreased from 10.88 (Mar 24) to 9.24, marking a decrease of 1.64.
- For Net Profit Margin (%), as of Mar 25, the value is 6.78. This value is within the healthy range. It has decreased from 8.17 (Mar 24) to 6.78, marking a decrease of 1.39.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 6.78. This value is below the healthy minimum of 8. It has decreased from 8.17 (Mar 24) to 6.78, marking a decrease of 1.39.
- For Return on Networth / Equity (%), as of Mar 25, the value is 15.84. This value is within the healthy range. It has decreased from 22.23 (Mar 24) to 15.84, marking a decrease of 6.39.
- For Return on Capital Employeed (%), as of Mar 25, the value is 18.59. This value is within the healthy range. It has decreased from 26.96 (Mar 24) to 18.59, marking a decrease of 8.37.
- For Return On Assets (%), as of Mar 25, the value is 6.92. This value is within the healthy range. It has decreased from 9.78 (Mar 24) to 6.92, marking a decrease of 2.86.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.07. It has decreased from 1.26 (Mar 24) to 1.07, marking a decrease of 0.19.
- For Current Ratio (X), as of Mar 25, the value is 1.51. This value is within the healthy range. It has decreased from 1.52 (Mar 24) to 1.51, marking a decrease of 0.01.
- For Quick Ratio (X), as of Mar 25, the value is 1.36. This value is within the healthy range. It has decreased from 1.37 (Mar 24) to 1.36, marking a decrease of 0.01.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 13.62. This value exceeds the healthy maximum of 8. It has increased from 6.90 (Mar 24) to 13.62, marking an increase of 6.72.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 50.38. This value exceeds the healthy maximum of 50. It has increased from 29.21 (Mar 24) to 50.38, marking an increase of 21.17.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 36.11. This value is within the healthy range. It has increased from 25.28 (Mar 24) to 36.11, marking an increase of 10.83.
- For Earning Retention Ratio (%), as of Mar 25, the value is 49.62. This value is within the healthy range. It has decreased from 70.79 (Mar 24) to 49.62, marking a decrease of 21.17.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 63.89. This value is within the healthy range. It has decreased from 74.72 (Mar 24) to 63.89, marking a decrease of 10.83.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 19.95. This value is within the healthy range. It has decreased from 44.06 (Mar 24) to 19.95, marking a decrease of 24.11.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 11.13. This value is within the healthy range. It has decreased from 29.95 (Mar 24) to 11.13, marking a decrease of 18.82.
- For Enterprise Value (Cr.), as of Mar 25, the value is 10,012.41. It has increased from 9,579.22 (Mar 24) to 10,012.41, marking an increase of 433.19.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.10. This value exceeds the healthy maximum of 3. It has increased from 2.76 (Mar 24) to 3.10, marking an increase of 0.34.
- For EV / EBITDA (X), as of Mar 25, the value is 26.65. This value exceeds the healthy maximum of 15. It has increased from 22.21 (Mar 24) to 26.65, marking an increase of 4.44.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.16. This value exceeds the healthy maximum of 3. It has increased from 2.82 (Mar 24) to 3.16, marking an increase of 0.34.
- For Retention Ratios (%), as of Mar 25, the value is 49.61. This value is within the healthy range. It has decreased from 70.78 (Mar 24) to 49.61, marking a decrease of 21.17.
- For Price / BV (X), as of Mar 25, the value is 7.38. This value exceeds the healthy maximum of 3. It has decreased from 7.68 (Mar 24) to 7.38, marking a decrease of 0.30.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.16. This value exceeds the healthy maximum of 3. It has increased from 2.82 (Mar 24) to 3.16, marking an increase of 0.34.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Praj Industries Ltd:
- Net Profit Margin: 6.78%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 18.59% (Industry Average ROCE: 15.76%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 15.84% (Industry Average ROE: 12.9%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 11.13
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.36
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 56.6 (Industry average Stock P/E: 81.31)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 6.78%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Engineering - Heavy | Praj Tower, S.No. 274 & 275/2, Pune Maharashtra 411057 | info@praj.net http://www.praj.net |
| Management | |
|---|---|
| Name | Position Held |
| Dr. Pramod Chaudhari | Chairman |
| Mr. Shishir Joshipura | Managing Director & CEO |
| Mr. Ashish Gaikwad | Managing Director |
| Mr. Sachin Raole | Director & CFO |
| Ms. Parimal Chaudhari | Non Executive Director |
| Dr. Shridhar Shukla | Independent Director |
| Mr. Utkarsh Palnitkar | Independent Director |
| Mr. Vinayak Deshpande | Independent Director |
| Mr. Rujuta Jagtap | Independent Director |
| Mr. Ajay Deshpande | Independent Director |
FAQ
What is the intrinsic value of Praj Industries Ltd?
Praj Industries Ltd's intrinsic value (as of 27 November 2025) is 460.38 which is 41.66% higher the current market price of 325.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 5,974 Cr. market cap, FY2025-2026 high/low of 875/321, reserves of ₹1,264 Cr, and liabilities of 3,233 Cr.
What is the Market Cap of Praj Industries Ltd?
The Market Cap of Praj Industries Ltd is 5,974 Cr..
What is the current Stock Price of Praj Industries Ltd as on 27 November 2025?
The current stock price of Praj Industries Ltd as on 27 November 2025 is 325.
What is the High / Low of Praj Industries Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Praj Industries Ltd stocks is 875/321.
What is the Stock P/E of Praj Industries Ltd?
The Stock P/E of Praj Industries Ltd is 56.6.
What is the Book Value of Praj Industries Ltd?
The Book Value of Praj Industries Ltd is 70.8.
What is the Dividend Yield of Praj Industries Ltd?
The Dividend Yield of Praj Industries Ltd is 1.85 %.
What is the ROCE of Praj Industries Ltd?
The ROCE of Praj Industries Ltd is 17.9 %.
What is the ROE of Praj Industries Ltd?
The ROE of Praj Industries Ltd is 14.1 %.
What is the Face Value of Praj Industries Ltd?
The Face Value of Praj Industries Ltd is 2.00.