RedixFi
Market closedNIFTY25,030.35+2.0%Volatile1 event(s)
Market feed live

PRAJIND · Praj Industries Ltd · Construction Services

PRAJIND · Praj Industries Ltd · Construction Services

₹250.11-2.1%

As of 06 Nov close

52-week range

52wk low ₹240.152wk high ₹427.65

41.5% below 52-week high

52-week range: as of 06 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

Full signal detail →

Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old

Revenue (latest Q)

₹716 Cr

Revenue YoY

PAT YoY

+117.4%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

4.9

P/S (TTM)

1.8

Sector P/E

10.8

Dividend yield

+1.1%

CompanyP/EP/BNet marginROED/EDiv. yield
PRAJIND (this stock)215.34.9+0.9%+2.3%0.13+1.1%
DLF34.53.5+65.8%+9.8%0.01+1.2%
Lodha Developers23.14.6+22.7%+17.7%0.42+0.4%
Indus Towers14.42.4+21.8%+17.3%0.52+3.6%

Promoter

stable

FII

stable

MF

13.52% (+1.27pp)

rising 1q

Insider trades

DateInsiderTypeQtyValue
09 Dec 2025Dr Pramod ChaudhariBUY72,00,000—
09 Dec 2025Moriyaset TrustSELL72,00,000—

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

Concalls & investor presentations

AI-generated
Concall transcriptNeutral03 Nov 2026
View source filing →

Key takeaway: Praj Industries Limited reported Q2 FY2027 results with consolidated income from operations of INR 8.49 billion, up from INR 8.42 billion in the same period last year. Profit before tax (PBT) was INR 361 million, compared to INR 296 million in Q2 FY2026, and profit after tax (PAT) was INR 231 million, up from INR 192 million. For the half-year, income from operations was INR 15.6 billion, PBT was INR 571 million, and PAT was INR 347 million. Export revenue accounted for 38% of total revenue, with 69% from bioenergy, 21% from engineering, and 10% from PHS business. Order intake for Q2 was INR 7.15 billion, with 62% from domestic and 38% from international markets. The order backlog as of September 2026 was INR 44.6 billion, with 63% from domestic orders. Management highlighted resilience in operations despite challenging market conditions, driven by disciplined execution, increased volume, and better product mix. The company noted growth opportunities in CBG, international markets, and GenX business, with a focus on multi-feedstock solutions and biofuel blending. The board approved an INR 100 crore investment in a CBG joint venture with BPCL. Management guided toward improved EBITDA margins as GenX revenues begin to materialize, with confidence in sustaining order inflows and achieving breakeven in the next 12 months. The company also discussed progress on bio-IBA plant construction and opportunities in sustainable aviation fuel (SAF).

The summary reflects a balanced presentation of operational performance, strategic initiatives, and forward-looking guidance without overtly positive or negative emphasis.

Sourced from an exchange-filed transcript, dated 03 Nov 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptMixed18 Aug 2026
View source filing →

Key takeaway: Praj Industries Limited held its Q1 FY 2027 Earnings Conference Call on August 14, 2026, where management discussed various business developments and financial results. The company reported a consolidated income from operations of INR 7.16 billion, up from INR 6.4 billion year-over-year. Management highlighted the inauguration of a Centre of Excellence for Advanced Bioeconomy and noted a slowdown in greenfield ethanol projects, with increased demand for brownfield solutions. They announced the receipt of an order for a commercial-scale demo plant for Bio-Isobutanol and a greenfield ethanol plant in Brazil. The company also emphasized growth in its lifecycle services and engineering businesses, particularly in data centers and semiconductor sectors. Management acknowledged challenges in project execution due to funding issues and supply-demand imbalances but expressed optimism about future opportunities, particularly in the CBG and SAF markets. The order backlog stood at INR 45.9 billion, with a significant portion from domestic orders.

Management reported both progress and challenges in various business segments.

Sourced from an exchange-filed transcript, dated 18 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptMixed03 Jun 2026
View source filing →

Key takeaway: Praj Industries Limited held its earnings conference call on May 29, 2026, to discuss its financial results for Q4 and FY '26. Management reported that the company's performance was affected by external headwinds, but it continues to align with global trends in energy security and sustainability. The Indian biofuels ecosystem is evolving, with new fuel specifications and a roadmap for E85 and E100 infrastructure development. Management noted a slowdown in Greenfield fuel ethanol projects but an increase in demand for greenfield ENA plants and Brownfield solutions. Financially, the consolidated income from operations decreased to Rs. 8,445 million in Q4 FY '26, with profit after tax at Rs. 116 million. The order backlog stood at Rs. 43,050 million, with a significant portion from bioenergy. Management expressed optimism about future growth despite current uncertainties in the business environment.

Management highlighted both challenges and opportunities in the current business landscape.

Sourced from an exchange-filed transcript, dated 03 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptMixed17 Feb 2026
View source filing →

Key takeaway: Praj Industries Limited held an earnings conference call on February 13, 2026, to discuss its financial results for the third quarter and nine months ended December 31, 2025. Management reported a steady quarter-over-quarter performance despite a challenging external environment. They highlighted recent trade agreements and government initiatives that could enhance business opportunities, particularly in biofuels and carbon capture. The company noted a slowdown in Greenfield projects but strong traction in Brownfield solutions. Financially, consolidated income from operations was Rs. 8.41 billion, with a profit after tax of Rs. negative 124 million. Management discussed the impact of new labor codes on employee liabilities and the importance of order intake, which reached Rs. 9.14 billion, with a significant portion from the domestic market. The call concluded with management expressing optimism about future growth opportunities.

Management reported both challenges and opportunities in the current business environment.

Sourced from an exchange-filed transcript, dated 17 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationNegative12 Feb 2026
View source filing →

Key takeaway: Praj Industries Limited's investor presentation detailed the unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a consolidated operating income of INR 8,415 million for Q3-FY26, reflecting a 1.3% decrease year-over-year. Operating EBITDA was INR 473 million, down 34.9% YoY, with EBITDA margins at 5.62%. The net profit for the quarter was a loss of INR 124 million, compared to a profit of INR 411 million in Q3-FY25. For the nine months ending December 31, 2025, the operational income was INR 23,233 million, a decline of 1.9% YoY, with a net profit of INR 783 million, down 61.9% YoY. The presentation highlighted challenges such as reduced export revenue and increased employee liabilities due to new labor codes, while also noting growth in the services segment and positive policy developments in international markets.

The presentation reported significant declines in revenue and profit margins.

Sourced from an exchange-filed presentation, dated 12 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

AI Summary of Annual Report

AI-generated
FY2024-25255 pages

Praj Industries Limited (PRAJIND) reported no significant regulatory or legal actions, defaults, or liquidity issues in FY2024-25. The company was honored as 'Best Innovative Technology Supplier' at SEIC 2025 and highlighted India's role in the global bioeconomy. The Board noted no risks threatening the company's existence, and internal controls were found effective with no material weaknesses. The company has no outstanding deposits from the public, and no proceedings under the Insolvency and Bankruptcy Code (IBC) were noted. A minor penalty of ₹10,000 was paid to stock exchanges for non-compliance in FY2023-24, but no other statutory penalties or defaults were reported.

  • No significant regulatory, legal, or liquidity issues reported for FY2024-25.
  • Recognized as 'Best Innovative Technology Supplier' at SEIC 2025.
  • Internal controls were effective with no material weaknesses identified.
  • No defaults under IBC or outstanding public deposits.
  • Minor penalty of ₹10,000 paid for non-compliance in FY2023-24.

Key takeaway: Praj Industries Limited reported no material risks, defaults, or regulatory issues in FY2024-25, with effective internal controls and recognition for innovation in the bioeconomy sector.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 15 Jul 2025View source filing →

Governance disclosures

AI-generated

Needs attention

Regulatory Action (1 item); Default / Covenant Breach (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Regulatory Action

1 occurrence

Recent (last 12 months)

Annual Report21 Jul 2026 (FY2025-26)Small penalty (under Rs 1 lakh)
View source filing →

The company paid fines of ₹10,000 each to BSE and NSE for non-compliance with Regulation 44(3) of the Listing Regulations during the financial year 2023-24.

Default / Covenant Breach

1 occurrence

Earlier (1-3 years ago)

Annual Report15 Jul 2025 (FY2024-25)· 3 passages
View source filing →

The company has not paid the Employees’ Provident Fund contributions for April 2024 to August 2024, with the due date being 15 of the next month and the payment not made.

Routine disclosures

Contingent Liability

2 occurrences

Recent (last 12 months)

Annual Report21 Jul 2026 (FY2025-26)· 3 passages
View source filing →

Praj Industries has provided corporate guarantees for Praj Projects (Tanzania) Limited and Praj GenX Ltd., and has outstanding corporate guarantees for Praj HiPurity Systems Limited, Praj Far East Philippines Ltd. Inc., Praj Projects (Tanzania) Limited, and Praj GenX Ltd.

Earlier (1-3 years ago)

Annual Report15 Jul 2025 (FY2024-25)· 5 passages
View source filing →

The company has contingent liabilities including claims not acknowledged as debts by customers and disputed demands in appeal related to income tax and sales tax.

Related-Party Transaction

2 occurrences

Recent (last 12 months)

Annual Report21 Jul 2026 (FY2025-26)· 2 passages
View source filing →

The company incurred expenditure through related party Praj Foundation during the year. The CSR activities primarily include amounts given to Praj Foundation, a trust controlled by the company.

Earlier (1-3 years ago)

Annual Report15 Jul 2025 (FY2024-25)
View source filing →

The company has related party transactions with its subsidiaries, including Praj Engineering & Infra Limited, Praj Far East Co. Limited, Praj Americas Inc., Praj HiPurity Systems Limited, and Praj Far East (Philippines) Inc., which are accounted for using the cost method.

Statutory dues in dispute

1 occurrence

Recent (last 12 months)

Annual Report21 Jul 2026 (FY2025-26)Disputed tax/statutory dues under appeal, not a loan default· 2 passages
View source filing →

The company has outstanding disputes related to Goods & Service Tax (GST) and Income Tax, with amounts ranging from 0.35 to 0.78, pending before Appellate Authority and Appellate Tribunal (GSTAT) due to technical issues.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

5.17% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

Open full Signal Dashboard →