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Praj Industries Ltd share price logo

Praj Industries Share Price

(PRAJIND)

₹796.653.77%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Praj Industries Analyst Rating

based on 6 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 6 analysts offering long term price targets for Praj Industries. An average target of ₹864.83

Source: S&P Global Market Intelligence

Praj Industries Share analysis

Praj Industries price forecast by 6 analysts

Upside of8.56%

High

₹931

Target

₹864.83

Low

₹804

Praj Industries target price ₹864.83, a slight upside of 8.56% compared to current price of ₹796.65. According to 6 analysts rating.

Source: S&P Global Market Intelligence

Praj Industries Performance

  • Day's Low

    Day's High

    ₹755
    Day's Price Range
    ₹804
  • 52 Week's Low

    52 Week's High

    ₹448
    52-Week Price Range
    ₹875
1 Month Return-0.86 %
3 Month Return-0.11 %
1 Year Return+ 53.76 %
Previous Close₹767.70
Open₹766.70
Volume11.65L
Upper Circuit-
Lower Circuit-
Market Cap₹14,111.33Cr

Praj Industries Key Statistics

P/E Ratio48.75
PEG Ratio31.25
Market Cap₹14,111.33 Cr
P/B Ratio7.76
EPS15.42
Dividend Yield1.13
SectorCapital Goods-Non Electrical Equipment
ROE24.1

Praj Industries Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹14,111.33 Cr110.49%0.52₹283 Cr₹3,466 Cr
BUY₹15,768.05 Cr29.71%0.50₹651 Cr₹5,014 Cr
BUY₹39,265.91 Cr138.68%0.53₹580 Cr₹8,104 Cr
NA₹7,720.48 Cr253.58%0.65-₹51 Cr₹1,369 Cr
HOLD₹13,002.09 Cr16.57%0.54₹473 Cr₹4,317 Cr

About Praj Industries

Praj Industries Ltd is an Indian multinational company, incorporated in 1985 and headquartered in Pune. It is a leading manufacturer and supplier of process technology, engineering and turnkey solutions for the ethanol and brewery industries. The company has operations in more than 30 countries and is one of the largest players in the global market for ethanol and brewery industries.

Praj Industries Ltd offers a wide range of products and services, including process engineering, project management, technology licensing, equipment supply, construction and commissioning, training, and after-sales services. Its top products include fermentation and distillation systems, wastewater treatment systems, and biogas plants. Popular brands associated with Praj Industries Ltd include Praj HiPurity Systems, Praj Matrix, and Praj EcoEnergy.

Share Price: ₹796.65 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹14,111.33Cr as of today
Revenue: ₹816.19Cr as on September 2024 (Q3 24)
Net Profit: ₹53.83Cr as on September 2024 (Q3 24)
Listing date: 22 May, 1995
Chairperson Name: Pramod Chaudhari
OrganisationPraj Industries
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Praj Industries Ltd

  • Praj Industries Appoints New VP & Business Head - 17 Jan, 2025

    Praj Industries has appointed Ajay Pratap Singh as Vice President & Business Head. He brings over 21 years of experience, previously serving at Tata Consulting Engineers.
  • Praj Industries Stock Rises Ahead of Cabinet Meeting - 16 Jan, 2025

    On January 16, Praj Industries shares surged 6% as investors anticipated a Union Cabinet decision to increase ethanol prices, boosting market confidence. The stock has gained 47% over the past year.
  • Kotak Initiates Coverage on Praj Industries with Positive Outlook - 09 Jan, 2025

    Praj Industries receives an 'add' rating from Kotak Institutional Equities, with a target price of Rs 880, highlighting strong growth in the decarbonisation sector and robust financials. The brokerage forecasts significant revenue and EBITDA growth through FY2027, driven by bioenergy and international expansion.
  • Praj Industries Reports Mixed Financial Results - 07 Jan, 2025

    Praj Industries' net profit fell 13.7% YoY to Rs 538 million for Q2 FY24, while annual profit increased 18.2% to Rs 2,834 million. Revenue declined 5.3% for FY24.
  • Praj Industries Reaches New High on Positive Outlook - 01 Jan, 2025

    Praj Industries achieved a new all-time high of Rs. 874.3, reflecting a 6% gain driven by a healthy business outlook and growth expectations in ethanol demand.
  • Praj Industries Shows Bullish Momentum Near Breakout - 26 Dec, 2024

    Praj Industries is maintaining a bullish trend, trading above key EMAs and nearing a breakout. Strong technical indicators suggest potential gains, with a buy range of Rs 800–Rs 810 and a target of Rs 870–Rs 880.
  • Praj Industries Inaugurates India's First Biobitumen Highway - 25 Dec, 2024

    Praj Industries inaugurated India's first national highway using lignin-based biobitumen, marking a significant step towards sustainable infrastructure and reducing reliance on fossil fuels. This eco-friendly innovation promises substantial foreign exchange savings and contributes to India's green initiatives.
  • Praj Industries Innovates with Bio-Bitumen for Highways - 24 Dec, 2024

    Praj Industries has developed lignin-based bio-bitumen for the Nagpur-Mansar Bypass, reducing greenhouse gas emissions and saving ₹4,000–4,500 crore in foreign exchange. This aligns with India's Aatmanirbhar Bharat mission by promoting sustainable infrastructure and reducing import dependency.

Insights on Praj Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 16.20% to 16.85% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 739.28 Cr → 829.7 Cr (in ₹), with an average increase of 10.9% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 62.2% return, outperforming this stock by 30.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 884.7% return, outperforming this stock by 811.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 32.81% of holdings in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 91.93 Cr → 53.82 Cr (in ₹), with an average decrease of 22.3% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, PRAJIND stock has moved down by -15.0%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 19.03% to 18.63% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 30.83% to 30.37% in Dec 2024 quarter

Praj Industries Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹882.37Cr (-)₹828.62Cr (↓6.09%)₹1,018.56Cr (↑22.92%)₹699.14Cr (↓31.36%)₹816.19Cr (↑16.74%)
Net Income₹62.37Cr (-)₹70.41Cr (↑12.89%)₹91.94Cr (↑30.58%)₹84.18Cr (↓8.44%)₹53.83Cr (↓36.05%)
Net Profit Margin7.07% (-)8.50% (↑20.23%)9.03% (↑6.24%)12.04% (↑33.33%)6.60% (↓45.18%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,468.08Cr (-)₹2,074.62Cr (↑41.32%)₹2,437.28Cr (↑17.48%)₹2,536.52Cr (↑4.07%)
Total Liabilities₹691.08Cr (-)₹1,168.18Cr (↑69.04%)₹1,371.10Cr (↑17.37%)₹1,275.43Cr (↓6.98%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹13.57Cr (-)₹209.95Cr (↑1,447.16%)₹153.07Cr (↓27.09%)₹131.08Cr (↓14.37%)₹177.80Cr (↑35.64%)

Index Inclusions

Nifty Smallcap 250

₹16,700.50

-0.04 (-7.4%)

Nifty 500

₹21,680.25

-0.16 (-34.3%)

S&P BSE Indus.

₹14,194.94

1.05 (147.94%)

BSE 500

₹34,083.34

-0.16 (-53.44%)

S&P BSE 400 MidSmallCap

₹11,515.38

0.04 (4.9%)

S&P BSE 250 SmallCap

₹6,677.71

-0.04 (-2.74%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty MidSmallcap 400

₹18,978.85

0.06 (10.9%)

BSE Small-Cap

₹52,311.31

0.01 (2.64%)

Praj Industries Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
32.81%
0.00
Foreign Institutions
18.63%
-2.10
Mutual Funds
16.85%
4.01
Retail Investors
30.37%
-1.48
Others
1.35%
18.11

Praj Industries Key Indicators

Details20202021202220232024
Earning Per Share (₹)3.854.428.1813.0515.42
Details20202021202220232024
Return On Equity %8.989.6219.5324.0924.1
Details20202021202220232024
Return On Assets %6.435.527.249.8411.17
Details20202021202220232024
Book Value Per Share (₹)39.2743.7649.8658.6869.34

Praj Industries Valuation

Praj Industries in the last 5 years

  • Overview

  • Trends

Lowest (10.36x)

March 24, 2020

Today (48.75x)

January 17, 2025

Industry (60.96x)

January 17, 2025

Highest (89.93x)

June 8, 2021

LowHigh

Praj Industries Earnings and Dividends

  • Praj Industries Ltd Earnings Results

    Praj Industries Ltd’s net profit fell -13.69% since last year same period to ₹53.82Cr in the Q2 2024-2025. On a quarterly growth basis, Praj Industries Ltd has generated -36.07% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Praj Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Praj Industries Ltd has declared dividend of ₹6 - translating a dividend yield of 0.75%.

    Read More about Dividends

Praj Industries Technicals Summary

Bearish

Neutral

Bullish

Bullish

Praj Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Praj Industries Ltd

Praj Industries Ltd share price today stands at ₹796.65, Open. ₹766.7 ; Previous Close. ₹767.7 ; High. ₹804 ; Low. ₹755 ; 52 Week High. ₹875 ; 52 Week Low: ₹448.

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Praj Industries Ltd is listed on NSE

Praj Industries Ltd is listed on BSE

  • Today’s highest price of Praj Industries Ltd is ₹804.
  • Today’s lowest price of Praj Industries Ltd is ₹755.

PE Ratio of Praj Industries Ltd is 48.75

PE ratio = Praj Industries Ltd Market price per share / Praj Industries Ltd Earnings per share

Today’s traded volume of Praj Industries Ltd(PRAJIND) is 11.65L.

Today’s market capitalisation of Praj Industries Ltd(PRAJIND) is ₹14111.33Cr.

Praj Industries Ltd(PRAJINDPrice
52 Week High
₹875
52 Week Low
₹448

Praj Industries Ltd(PRAJIND) share price is ₹796.65. It is down -8.95% from its 52 Week High price of ₹875

Praj Industries Ltd(PRAJIND) share price is ₹796.65. It is up 77.82% from its 52 Week Low price of ₹448

Praj Industries Ltd(PRAJINDReturns
1 Day Returns
28.95%
1 Month Returns
-0.86%
3 Month Returns
-0.11%
1 Year Returns
53.76%