PRAJIND

Praj Industries Ltd.

NSE: PRAJIND

BSE: 522205

Sector: Capital Goods

Industry Group: Industrial Manufacturing

Industry: Industrial Products

346.95-8.8 (-2.46%)

17 Jul, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

36.3 / 100

Value Score

36.4 / 100

Price Momentum Score

43.4 / 100

QVM Score

25.5 / 100

Key Metrics

Market Cap

6377.39

P/E (TTM)

267.49

P/B

4.87

P/S (TTM)

2.01

EV/EBITDA

39.04

CAPE (5Y)

34.79

ROE (TTM)

1.77

ROCE (TTM)

3.02

ROA (TTM)

0.77

Avg 3Y ROE

14.11

Earnings 3Y CAGR

-53.64

Sales 3Y CAGR

-3.53

Sales 5Y CAGR

19.41

Debt/Equity

0.13

Consensus TP

355.00

Strong Buy %

0.00

Promoter Holding

32.81

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Praj Industries Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.13 as on 31 Mar 2026 and Debt to Equity decreased marginally by 0.01 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 92.7 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

92.7 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 267.49 indicates that the stock is expensive on a standalone basis and is at a 857.37% premium to industry median P/E

What is P/E Ratio?

Median: 27.94

Value 267.49

-105.734824.22

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -13.37% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low and declining ROE

The company reported low ROE of 1.77% for 12-month ended 31 Mar 2026 and ROE declined by -1471 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of 1.46% for 12-month ended 31 Mar 2026 and operating margin declined by -561 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -1.86% for 12-month ended 31 Mar 2026 and the growth was 16.22 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 14.36

Value -1.86

-7635.6411331.9

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -89.08% for 12-month ended 31 Mar 2026 and the growth was 99.23 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Neutral

Moderate dividend yield

The company has a moderate dividend yield of 1.73%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for Praj Industries Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Praj Industries Ltd. Shareholding Pattern

Quarterly breakdown of Praj Industries Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	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	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	32.92	32.92	32.92	32.92	32.91	32.85	32.83	32.83	32.83	32.83	32.82	32.87	32.82	32.82	32.82	32.81	32.81	32.81	32.81	32.81	32.81	32.81	32.81	32.81	32.81	32.81
Indian Promoter	32.92	32.92	32.92	32.92	32.91	32.85	32.83	32.83	32.83	32.83	32.82	32.87	32.82	32.82	32.82	32.81	32.81	32.81	32.81	32.81	32.81	32.81	32.81	32.81	32.81	32.81
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	29.28	28.29	28.31	28.37	26.83	20.25	21.85	23.39	22.67	25.94	27.31	25.30	25.67	26.70	28.13	30.46	32.56	35.20	36.37	36.82	36.67	34.30	32.36	30.96	30.42	31.84
Mutual Funds / UTI	14.87	14.17	14.18	14.34	14.73	6.84	6.67	8.27	8.22	8.68	9.01	5.93	6.26	6.57	9.09	11.95	13.01	15.31	16.20	16.85	17.92	16.38	14.14	13.08	12.25	13.52
FI/Bank/Insurance	0.43	0.79	0.29	0.25	0.02	0.02	0.02	0.00	0.56	1.24	1.21	1.61	1.41	1.05	0.14	0.18	0.46	1.11	0.99	0.83	1.02	0.99	0.69	0.55	0.38	0.05
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	12.76	12.14	12.26	12.25	11.62	13.12	15.00	14.98	13.84	15.93	16.98	17.61	17.83	18.30	17.93	17.37	18.87	18.55	19.03	18.63	17.16	16.86	17.53	17.32	17.74	17.75
Other Institutions	1.22	1.19	1.59	1.53	0.46	0.27	0.15	0.13	0.05	0.08	0.11	0.15	0.16	0.78	0.97	0.96	0.22	0.23	0.15	0.51	0.57	0.06	0.00	0.01	0.05	0.52
Non-Institution	37.80	38.79	38.77	38.71	40.26	46.90	45.32	43.78	44.50	41.23	39.86	41.83	41.51	40.48	39.04	36.73	34.64	31.99	30.83	30.37	30.52	32.90	34.83	36.23	36.77	35.34
Bodies Corporate	10.09	10.13	8.89	-	-	8.40	7.84	7.57	5.87	5.00	4.92	4.85	4.70	4.59	3.36	3.10	2.75	2.41	1.93	1.78	1.89	1.81	1.64	1.17	1.50	1.27
Others (incl. Retail) No. of shareholders	27.71 1,00,591	28.66 1,11,656	29.88 1,12,528	38.71 1,02,765	40.26 99,641	38.50 1,99,746	37.48 2,02,366	36.21 2,06,671	38.63 2,78,053	36.23 2,75,102	34.94 2,60,296	36.98 2,78,288	36.81 2,82,428	35.89 2,76,198	35.68 2,95,844	33.63 3,13,350	31.89 3,23,822	29.58 3,26,665	28.90 3,48,903	28.59 3,52,065	28.63 3,50,403	31.09 3,85,420	33.19 4,02,128	35.06 4,05,904	35.27 3,99,472	34.07 3,82,161

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Watertech	11.98%	5 / 8
2	Nifty Microcap 250	0.49%	59 / 250
3	Nifty Total Market	0.02%	507 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Praj Industries Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Dr Pramod Chaudhari Promoter & Director	December-2025	Inter-se Transfer (Acquisition) 10th Dec 2025	21.05 %	₹ 0.00	72.00 lac	₹ 0.00
Moriyaset Trust Promoter Group	December-2025	Inter-se Transfer (Disposal) 10th Dec 2025	3.92 %	₹ 0.00	72.00 lac	₹ 0.00
Mr. Ghansham Deshpande Designated Person	November-2024	Market Sale (Disposal) 25th Nov 2024	0.02 %	₹ 756.33	3.00 k	₹ 22.69 lac
Mr. Ghansham Deshpande Designated Person	September-2024	Market Sale (Disposal) 27th Sep 2024	0.01 %	₹ 811.35	3.00 k	₹ 24.34 lac
Sivaramakrishnan S Iyer Designated Person	August-2024	Market Sale (Disposal) 21st Aug 2024	0.01 %	₹ 747.65	20.00 k	₹ 1.50 cr
Ghansham Deshpande Designated Person	July-2024	Market Sale (Disposal) 4th Jul 2024	0.02 %	₹ 683.67	12.50 k	₹ 85.46 lac
Pramod Shankar Kumbhar Designated Person	June-2024	Market Sale (Disposal) 25th Jun 2024	0.06 %	₹ 695.14	5.00 k	₹ 34.76 lac
Pramod Shankar Kumbhar Designated Person	June-2024	Market Sale (Disposal) 25th Jun 2024	0.05 %	₹ 697.86	2.00 k	₹ 13.96 lac
Atul Mulay Designated Person	June-2024	Market Sale (Disposal) 14th Jun 2024	0.02 %	₹ 663.87	5.00 k	₹ 33.19 lac
Atul Mulay Designated Person	June-2024	Market Sale (Disposal) 13th Jun 2024	0.03 %	₹ 615.50	10.00 k	₹ 61.55 lac

…

Corporate Actions

History of Praj Industries Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 6/share
Record date: 4th Aug 2025Ex-date: 4th Aug 2025
Announced on: 29th Apr 2025
Dividend₹ 6/share
Record date: 18th Jul 2024Ex-date: 18th Jul 2024
Announced on: 30th May 2024
Dividend₹ 4.50/share
Record date: 19th Jul 2023Ex-date: 19th Jul 2023
Announced on: 25th May 2023
Dividend₹ 2.70/share
Record date: 28th Jul 2022Ex-date: 27th Jul 2022
Announced on: 25th May 2022
Dividend₹ 1.50/share
Record date: 28th Jul 2022Ex-date: 27th Jul 2022
Announced on: 25th May 2022

Company Profile

Overview of Praj Industries Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

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...

Key personnel

Mr. Anant Narayan Bavare

Compliance Officer, Company Secretary

Mr. Pramod ChaudhariD

Executive Chairman of the Board

Mr. Sachin RaoleD

Chief Financial Officer, Joint Managing Director, Executive Director

Mr. Ashish GaikwadD

Joint Managing Director, Director

Mr. Parth ChaudhariD

Non-Executive Non-Independent Director

Mr. Berjis Minoo DesaiD

Non-Executive Non-Independent Director

Shri. Ajay Narayan DeshpandeD

Additional Non-Executive Independent Director

Mr. Vinayak Kashinath DeshpandeD

Non-Executive Independent Director

View all

Incorporated on

08 Nov 1985

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

22 May 1995

Free Float

12,06,56,157

Website

https://www.praj.net/

Phone no.

+912071802000

Address

PRAJ TOWER, S.NO. 274 & 275/2, BHUMKARCHOWK-HINJEWADIROAD HINJEWADI, Maharashtra, , 411057, India

Frequently Asked Questions

What is the current share price of Praj Industries Ltd.?

The current share price of Praj Industries Ltd. is ₹ 346.95 as of 17 Jul 2026.

What is the market capitalisation of Praj Industries Ltd.?

The market capitalisation of Praj Industries Ltd. stands at ₹ 6,377.39 Cr.

What is the PE ratio of Praj Industries Ltd.?

The Price-to-Earnings (PE) ratio of Praj Industries Ltd. is 267.49 as of the latest trailing twelve months data.

What is the ROE and ROCE of Praj Industries Ltd.?

Praj Industries Ltd. has a Return on Equity (ROE) of 1.77% and a Return on Capital Employed (ROCE) of 3.02% as per the latest financial reports.

What is the 52-week high and low of Praj Industries Ltd.?

The 52-week high of Praj Industries Ltd. is - and the 52-week low is -.

What is the dividend yield of Praj Industries Ltd.?

The dividend yield of Praj Industries Ltd. is 1.73% based on the current market price.

What is the FII and DII holding in Praj Industries Ltd.?

Foreign Institutional Investors (FII) hold 17.75%, Domestic Institutional Investors (DII) hold 13.57% and retail/public investors hold 34.07% of Praj Industries Ltd. shares.

What sector does Praj Industries Ltd. belong to?

Praj Industries Ltd. operates in the Capital Goods sector. 25% of analysts have a Buy or Strong Buy rating on Praj Industries Ltd. with a consensus target price of ₹ 355.00, implying 2.32% upside from current levels.

What is the beta of Praj Industries Ltd.?

The beta of Praj Industries Ltd. is 0.69, indicating its price volatility relative to the broader market. Over the past 1 year, Praj Industries Ltd. has delivered an absolute return of -30.04%.

What is the RSI of Praj Industries Ltd.?

The 14-day Relative Strength Index (RSI) of Praj Industries Ltd. is 44.33, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Praj Industries Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Praj Industries Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile

Holdings and Presence