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 ₹ 9,871 Cr.
- Current Price ₹ 537
- High / Low ₹ 875 / 452
- Stock P/E 39.7
- Book Value ₹ 70.7
- Dividend Yield 1.11 %
- 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 7.49 times its book value
- Promoter holding is low: 32.8%
* 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 Nifty Total Market Nifty500 Multicap Infrastructure 50:30:20 BSE SmallCap Nifty500 Multicap India Manufacturing 50:30:20 BSE Allcap
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 | 3,387 | |
834 | 907 | 919 | 910 | 846 | 865 | 1,062 | 1,024 | 1,192 | 2,149 | 3,220 | 3,094 | 3,005 | |
Operating Profit | 85 | 79 | 93 | 114 | 69 | 52 | 79 | 78 | 112 | 194 | 308 | 372 | 382 |
OPM % | 9% | 8% | 9% | 11% | 8% | 6% | 7% | 7% | 9% | 8% | 9% | 11% | 11% |
31 | 23 | 34 | 18 | 22 | 27 | 32 | 30 | 26 | 36 | 45 | 59 | 79 | |
Interest | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 3 | 5 | 10 | 18 |
Depreciation | 22 | 24 | 38 | 25 | 22 | 24 | 23 | 22 | 22 | 23 | 30 | 44 | 79 |
Profit before tax | 92 | 77 | 86 | 105 | 68 | 53 | 88 | 83 | 113 | 205 | 319 | 377 | 363 |
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 | 271 | |
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 | 14.75 |
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: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 36% |
3 Years: | 50% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 54% |
3 Years: | 9% |
1 Year: | 2% |
Return on Equity | |
---|---|
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
-
Board Meeting Intimation for To Consider And Approve Audited Financial Results Of The Company For The Financial Year Ended On 31St March, 2025 And To Recomend Dividend, If Any For The Financial Year 2024-25.
2d - Board meeting on April 29, 2025, to approve FY25 audited results and consider dividend.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 Apr - Inauguration of 300 KLPD distillery by Keyaan Distilleries.
-
Intimation Under Regulation 30 Of SEBI LODR Regulations Read With Schedule III, Part A, Para B.
29 Mar - Fire incident at Praj Matrix, no casualties reported.
- Closure of Trading Window 27 Mar
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
Concalls
-
Feb 2025Transcript PPT REC
-
Jan 2025TranscriptNotesPPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT REC
-
Jul 2024TranscriptNotesPPT
-
Jun 2024Transcript PPT
-
May 2024Transcript PPT REC
-
May 2024TranscriptNotesPPT
-
Feb 2024Transcript PPT REC
-
Nov 2023Transcript PPT REC
-
Nov 2023TranscriptNotesPPT
-
Aug 2023Transcript PPT
-
Jul 2023Transcript PPT REC
-
Jul 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT
-
Oct 2022TranscriptPPT
-
Aug 2022TranscriptNotesPPT REC
-
Jun 2022TranscriptNotesPPT
-
Mar 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Mar 2021TranscriptPPT
-
Feb 2021TranscriptPPT
-
Nov 2020TranscriptPPT
-
Aug 2020TranscriptPPT
-
May 2020TranscriptPPT
-
Feb 2020TranscriptPPT
-
Oct 2019TranscriptPPT
-
Jul 2019TranscriptPPT
-
May 2019TranscriptPPT
-
Jan 2019Transcript PPT
-
Dec 2018TranscriptPPT
-
Oct 2018TranscriptPPT
-
May 2018TranscriptPPT
-
Feb 2018TranscriptPPT
-
Nov 2017Transcript PPT
-
Aug 2017TranscriptNotesPPT
-
May 2017TranscriptNotesPPT
Products portfolio[1]
Its product portfolio is diversified into BioEnergy, Praj HiPurity Systems, Critical Process Equipment & Skids, Wastewater Treatment, and Brewery & Beverages.