Praj Industries Ltd
Praj Industries Ltd., founded in 1983 is a leading biotechnology and engineering company globally. It offers sustainable solutions in bioenergy, water purification, process equipment, breweries, and wastewater treatment. Company is focused on the environment , energy and farm-to-fuel technology solution. Company has global offices in Thailand, Philippines, and the USA.[1]
- Market Cap ₹ 12,430 Cr.
- Current Price ₹ 676
- High / Low ₹ 827 / 448
- Stock P/E 44.7
- Book Value ₹ 70.7
- Dividend Yield 0.89 %
- ROCE 29.3 %
- ROE 23.3 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 35.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 41.6%
Cons
- Stock is trading at 9.56 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Part of BSE Capital Goods BSE 250 SmallCap Index Nifty Smallcap 250 BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
919 | 986 | 1,012 | 1,024 | 915 | 917 | 1,141 | 1,102 | 1,305 | 2,343 | 3,528 | 3,466 | 3,363 | |
834 | 907 | 919 | 910 | 846 | 865 | 1,062 | 1,024 | 1,192 | 2,149 | 3,220 | 3,094 | 2,956 | |
Operating Profit | 85 | 79 | 93 | 114 | 69 | 52 | 79 | 78 | 112 | 194 | 308 | 372 | 406 |
OPM % | 9% | 8% | 9% | 11% | 8% | 6% | 7% | 7% | 9% | 8% | 9% | 11% | 12% |
31 | 23 | 34 | 18 | 22 | 27 | 32 | 30 | 26 | 36 | 45 | 59 | 74 | |
Interest | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 3 | 5 | 10 | 17 |
Depreciation | 22 | 24 | 38 | 25 | 22 | 24 | 23 | 22 | 22 | 23 | 30 | 44 | 67 |
Profit before tax | 92 | 77 | 86 | 105 | 68 | 53 | 88 | 83 | 113 | 205 | 319 | 377 | 396 |
Tax % | 23% | 27% | 9% | 22% | 34% | 26% | 22% | 15% | 28% | 27% | 25% | 25% | |
72 | 57 | 78 | 82 | 45 | 39 | 68 | 70 | 81 | 150 | 240 | 283 | 300 | |
EPS in Rs | 3.83 | 3.08 | 4.30 | 4.63 | 2.49 | 2.18 | 3.73 | 3.85 | 4.42 | 8.18 | 13.05 | 15.42 | 16.34 |
Dividend Payout % | 42% | 72% | 38% | 35% | 65% | 74% | 57% | 70% | 49% | 51% | 34% | 39% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 25% |
3 Years: | 39% |
TTM: | -5% |
Compounded Profit Growth | |
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10 Years: | 19% |
5 Years: | 36% |
3 Years: | 50% |
TTM: | 3% |
Stock Price CAGR | |
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10 Years: | 25% |
5 Years: | 44% |
3 Years: | 25% |
1 Year: | 17% |
Return on Equity | |
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10 Years: | 14% |
5 Years: | 18% |
3 Years: | 22% |
Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 35 | 35 | 35 | 36 | 36 | 36 | 37 | 37 | 37 | 37 | 37 | 37 | 37 |
Reserves | 535 | 547 | 587 | 620 | 674 | 690 | 708 | 683 | 765 | 879 | 1,041 | 1,238 | 1,263 |
16 | 21 | 17 | 16 | 4 | 6 | 0 | 0 | 18 | 21 | 42 | 169 | 168 | |
659 | 670 | 504 | 485 | 473 | 401 | 502 | 442 | 774 | 1,281 | 1,499 | 1,450 | 1,399 | |
Total Liabilities | 1,246 | 1,274 | 1,144 | 1,157 | 1,187 | 1,133 | 1,247 | 1,162 | 1,594 | 2,218 | 2,619 | 2,894 | 2,866 |
247 | 323 | 302 | 272 | 270 | 297 | 290 | 294 | 284 | 286 | 317 | 474 | 540 | |
CWIP | 48 | 2 | 1 | 1 | 31 | 4 | 2 | 2 | 1 | 2 | 7 | 43 | 7 |
Investments | 163 | 91 | 158 | 145 | 134 | 201 | 211 | 164 | 335 | 463 | 543 | 497 | 590 |
788 | 859 | 682 | 738 | 752 | 631 | 744 | 702 | 975 | 1,467 | 1,752 | 1,880 | 1,730 | |
Total Assets | 1,246 | 1,274 | 1,144 | 1,157 | 1,187 | 1,133 | 1,247 | 1,162 | 1,594 | 2,218 | 2,619 | 2,894 | 2,866 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | -3 | 150 | 51 | 20 | 101 | 33 | 15 | 225 | 188 | 162 | 199 | |
26 | 19 | -77 | 2 | -8 | -69 | -3 | 66 | -164 | -137 | -78 | -6 | |
-58 | -40 | -40 | -68 | -4 | -25 | -43 | -98 | -6 | -44 | -93 | -124 | |
Net Cash Flow | -4 | -24 | 33 | -15 | 9 | 8 | -14 | -18 | 55 | 6 | -9 | 70 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 125 | 119 | 101 | 131 | 118 | 105 | 98 | 109 | 127 | 80 | 82 | 88 |
Inventory Days | 116 | 170 | 164 | 79 | 82 | 63 | 76 | 73 | 64 | 86 | 55 | 41 |
Days Payable | 193 | 153 | 128 | 162 | 167 | 137 | 140 | 124 | 169 | 106 | 84 | 92 |
Cash Conversion Cycle | 49 | 136 | 137 | 48 | 33 | 30 | 33 | 59 | 21 | 60 | 54 | 37 |
Working Capital Days | 30 | 55 | 32 | 52 | 68 | 53 | 39 | 65 | 14 | 5 | 10 | 19 |
ROCE % | 14% | 11% | 12% | 16% | 10% | 6% | 11% | 11% | 15% | 23% | 31% | 29% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2h
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
2d - Appointment of Non-Executive Chairman and Independent Director.
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Announcement under Regulation 30 (LODR)-Investor Presentation
15 Nov - Investor presentation for November 2024 released.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
15 Nov - Participation in Kotak Midcap Conference 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Nov - Praj Industries to meet investors in Singapore.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2012
from nse
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT REC
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Jul 2024TranscriptNotesPPT
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Jun 2024Transcript PPT
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May 2024Transcript PPT REC
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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Jul 2023Transcript PPT REC
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Oct 2022TranscriptPPT
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Aug 2022TranscriptNotesPPT REC
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Jun 2022TranscriptNotesPPT
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Mar 2022TranscriptNotesPPT
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Jan 2022TranscriptNotesPPT
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Mar 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Aug 2020TranscriptPPT
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May 2020TranscriptPPT
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Feb 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Jul 2019TranscriptPPT
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May 2019TranscriptPPT
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Jan 2019Transcript PPT
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Dec 2018TranscriptPPT
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Oct 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017Transcript PPT
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Aug 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
Products portfolio[1]
Its product portfolio is diversified into BioEnergy, Praj HiPurity Systems, Critical Process Equipment & Skids, Wastewater Treatment, and Brewery & Beverages.