Praj Industries
Praj Industries Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Praj Industries Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Praj Industries Ltd trades at a P/E of 256.38× and P/B of 4.68×.
Valuation
Profitability
Growth
Financial Health
Praj Industries Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Praj Industries Ltd, switchable between annual and quarterly views, consolidated or standalone.
Praj Industries Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹6,157.74 Cr and reported EPS of ₹1.30.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 923 | 1,141 | 1,102 | 1,305 | 2,333 | 3,528 | 3,466 | 3,228 | 3,168 |
| Other Income | 17 | 23 | 26 | 19 | 24 | 36 | 43 | 51 | 50 |
| Total Income | 941 | 1,164 | 1,128 | 1,324 | 2,357 | 3,564 | 3,510 | 3,279 | 3,218 |
| Cost of Goods Sold (COGS) | 469 | 610 | 552 | 736 | 1,454 | 2,201 | 1,962 | 1,655 | 1,620 |
| Gross Profit | 454 | 532 | 550 | 569 | 880 | 1,327 | 1,504 | 1,573 | 1,548 |
| +Operating Expenses | 393 | 443 | 468 | 449 | 674 | 1,009 | 1,116 | 1,249 | 1,396 |
| EBITDA | 61 | 88 | 82 | 119 | 206 | 318 | 388 | 325 | 152 |
| +Non-Operating Expenses | 25 | 24 | 25 | 25 | 25 | 35 | 54 | 133 | 99 |
| Profit Before Tax (PBT) | 53 | 88 | 83 | 113 | 205 | 319 | 377 | 299 | 50 |
| +Tax Expense | 14 | 20 | 13 | 32 | 55 | 79 | 94 | 80 | 26 |
| Profit After Tax (PAT) | 39 | 68 | 70 | 81 | 150 | 240 | 283 | 219 | 24 |
| Earnings Per Share (EPS) | 2.18 | 3.74 | 3.85 | 4.42 | 8.18 | — | 15.42 | 11.91 | 1.30 |
| Diluted Shares Outstanding (Nos.) | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| +Additional Disclosures | 1,358 | 1,687 | 1,597 | 1,948 | 3,604 | 5,685 | 5,089 | 4,661 | 4,765 |
| Sales Growth % | — | 23.57 | -3.39 | 18.35 | 78.84 | 51.20 | -1.75 | -6.87 | -1.86 |
| YoY Sales Growth % | — | 23.57 | -3.39 | 18.35 | 78.84 | 51.20 | -1.75 | -6.87 | -1.86 |
| Material Cost % | 51 | 53 | 51 | 56 | 63 | 63 | 55 | 51 | 47 |
| Employee Cost % | 16 | 14 | 15 | 13 | 9 | 7 | 9 | 11 | 11 |
| Other Cost % | 26 | 25 | 28 | 21 | 20 | 21 | 23 | 28 | 33 |
| OPM % | 7 | 8 | 7 | 9 | 9 | 9 | 11 | 10 | 5 |
| Tax % | 26 | 22 | 15 | 28 | 27 | 25 | 25 | 27 | 52 |
| Profit Growth % | — | 72.75 | 3.24 | 15.11 | 85.33 | 59.61 | 18.17 | -22.75 | -89.11 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 37 | 65 | 60 | 97 | 183 | 288 | 344 | 238 | 46 |
Praj Industries segment analysis: revenue and profit mix.
Disclosed business segments at Praj Industries with their share of revenue and profit, switchable between consolidated and standalone reporting.
Praj Industries discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Praj Industries Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Praj Industries Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Praj Industries Ltd's investment case rests on 10 positive markers and 9 flagged concerns drawn from the latest reported filings.
What you're getting.
Strong operational efficiency with 17.90% ROCE and 14.10% ROE.
Robust financial health, evidenced by a very low 0.14 debt-to-equity ratio.
Consistent long-term growth. 5-year EPS CAGR 25.36% and revenue CAGR 23.97%.
Significant investment in future growth with 5-year CAPEX CAGR 64.99%.
Global leadership in sustainable bio-based technologies and renewable energy solutions.
What can break it.
Sharp recent decline. quarterly net profit plunged -91.40%, sales decreased -8.43%.
High valuation with a P/E ratio of 44.80 appears relatively expensive.
Significant stock price volatility, near 52-week low from 875.00 high.
Negative annual cash flow per share of -2.3978 indicates liquidity concerns.
Declining TTM net profit margin (4.42%) compared to 5-year average (6.88%).
What would change my mind.
Trim if P/E re-rates above 333. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 13.72. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Praj Industries Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Praj Industries Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Praj Industries Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Praj Industries Ltd — derived from the live tape, not yesterday's close.
Praj Industries Ltd last traded at ₹336.95 with an intraday range of ₹333.3–₹350.9 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹336.95| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 382.67 | +45.72 | +13.57% |
| R3 | 365.07 | +28.12 | +8.34% |
| R2 | 357.98 | +21.03 | +6.24% |
| R1 | 347.47 | +10.52 | +3.12% |
| PIVOT | 340.38 | 3.43 | 1.02% |
| CURRENT | 336.95 | — | — |
| S1 | 294.67 | -42.28 | -12.55% |
| S2 | 312.27 | -24.68 | -7.33% |
| S3 | 322.78 | -14.17 | -4.20% |
| S4 | 329.87 | -7.08 | -2.10% |
PRAJIND is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 343.05 ~ 350.9
Trading Above opening range, showing Bullishness
Praj Industries Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Praj Industries Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Praj Industries Ltd stood at 32.1% of traded volume, against a 20-day average of 39.0%.
Praj Industries announcements: results, concalls, ratings, M&A.
Filings Praj Industries sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Praj Industries files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 115 documents below.
Disclosure under SEBI Takeover Regulations
Dr. Pramod Chaudhari has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…
Analysts/Institutional Investor Meet/Con. Call Updates
Praj Industries Limited has informed the Exchange about Transcript
Shareholders meeting
Praj Industries Limited has informed the Exchange regarding Notice of Postal Ballot
General Updates
Praj Industries Limited has informed the Exchange about General Updates
Change in Director(s)
Praj Industries Limited has informed the Exchange regarding Change in Director(s) of the company.
Investor decks & rating reports.
Praj Industries dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Praj Industries has declared, sequenced by announce and record date.
Praj Industries corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Praj Industries Ltd: business, sector, key facts.
What Praj Industries Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Praj Industries Ltd operates in the Industrials, listed as NSE: PRAJIND, BSE: 522205.
Praj Industries Limited is a global leader in bio-based technologies and engineering, offering a diverse range of solutions across multiple industries. Their core competency lies in providing innovative and sustainable technologies that address the growing demand for renewable resources and environmentally friendly processes. The company's portfolio spans various sectors, making it a versatile player in the global engineering and technology landscape.
A significant portion of Praj's business focuses on the ethanol industry. They design and implement multi-feed multi-product ethanol plants, helping clients modernize existing facilities and increase efficiency. Beyond traditional ethanol production, they also extend their expertise to the production of renewable fuels, including BioCNG and iso-butanol, contributing to a more sustainable energy future. This commitment to renewable energy sources demonstrates Praj's dedication to environmentally conscious solutions.
Praj's expertise extends to the biopharmaceutical industry, where they offer high-purity system solutions for sterile and non-sterile formulations. Their services cater to the production of topical and oral medications, personal care products, and nutraceuticals, demonstrating their adaptability and capacity to serve diverse needs within the life sciences sector. This diversification allows Praj to navigate different market dynamics and maintain a robust business model.
Furthermore, Praj provides customized plants and equipment for the brewing and beverage industry, showcasing their ability to cater to specific client requirements. They also manufacture crucial process equipment such as reactors, pressure vessels, heat exchangers, and columns for the hydrocarbon, petrochemical, industrial gas, and chemical industries. This highlights their comprehensive capabilities in designing and manufacturing specialized equipment for demanding industrial applications.
Praj's commitment to sustainability extends to wastewater treatment solutions. They offer a complete range of services, from treatment and disposal to resource recovery and the implementation of 3Rs principles (reduce, recycle, reuse). Their zero liquid discharge (ZLD) capabilities and operational and maintenance services further demonstrate their holistic approach to environmental responsibility. This focus on sustainability not only strengthens their brand image but also helps them gain a competitive edge in a growing market.
Questions investors ask about Praj Industries Ltd (PRAJIND).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Praj Industries Ltd (PRAJIND)?
The current share price of Praj Industries Ltd (PRAJIND) is ₹336.95. Today, the stock has gained by ₹4.85 (1.46%), trading in a range of ₹333.3 to ₹350.9. The stock opened at ₹347 with a trading volume of 21,57,767 shares.
02Is Praj Industries Ltd stock a good investment for long-term?
Praj Industries Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹6,157.74 crores, P/E ratio of 256.38, ROE of 1.77%, and ROCE of 17.90%. The dividend yield stands at 1.81%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Praj Industries Ltd stock?
The 52-week high price of Praj Industries Ltd (PRAJIND) is ₹513.8, while the 52-week low is ₹273. Currently trading at ₹336.95, the stock is 26.6% away from its 52-week low and 34.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Praj Industries Ltd stock at the current price?
Whether to buy Praj Industries Ltd stock at ₹336.95 depends on multiple factors. The stock is currently trading with a P/E ratio of 256.38 and P/B ratio of 4.68. Today's performance shows a gain of 1.46%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Praj Industries Ltd and when is the next dividend?
Praj Industries Ltd offers a dividend yield of 1.81%, which means for every ₹100 invested at the current price of ₹336.95, you can expect to receive approximately ₹1.81 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Praj Industries Ltd?
Praj Industries Ltd's key financial metrics include: P/E Ratio: 256.38, P/B Ratio: 4.68, ROE: 1.77%, ROCE: 17.90%, Dividend Yield: 1.81%, EPS: ₹1.30, Book Value: ₹71.18, and Debt-to-Equity: 13.22. The company's market cap stands at ₹6,157.74 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Praj Industries Ltd stock performing today in the market?
Praj Industries Ltd stock opened at ₹347 and is currently trading at ₹336.95, showing a gain of ₹4.85 (1.46%). The intraday high is ₹350.9 and low is ₹333.3. The trading volume stands at 21,57,767 shares, indicating strong market participation today.
08What is the P/E ratio of Praj Industries Ltd and what does it indicate?
Praj Industries Ltd has a Price-to-Earnings (P/E) ratio of 256.38, which means investors are willing to pay ₹256.38 for every ₹1 of earnings. With an EPS of ₹1.30, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Praj Industries Ltd (PRAJIND) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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