Praj Industries Ltd
NSE: PRAJIND · Industrial Products · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 152 companies in Industrial Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹611 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 4.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY25, FY24).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 131% of net profit in the last 12 months.
- Debtor days went from 88 (FY24) to 64 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹249.25 on 2026-10-26: -41.7% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 816 | 853 | 860 | 640 | 842 | 841 | 845 | 716 |
| EBITDA | 86 | 73 | 74 | 31 | 56 | 13 | 31 | 30 |
| OPM % | 10.6% | 8.5% | 8.6% | 4.9% | 6.6% | 1.5% | 3.7% | 4.2% |
| Other income | 14 | 14 | 12 | 9 | 5 | 6 | 24 | 20 |
| Net profit | 0 | 41 | 40 | 5 | 19 | 0 | 12 | 12 |
| EPS (₹) | 2.93 | 2.23 | 2.17 | 0.29 | 1.05 | -0.67 | 0.63 | 0.63 |
| Revenue YoY | +3.1% | -1.4% | -1.8% | +11.8% | ||||
| Profit YoY | +1,92,700.0% | -100.0% | -71.1% | +117.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,333 | 3,528 | 3,466 | 3,228 | 3,168 | 3,244 |
| EBITDA | 206 | 318 | 388 | 353 | 125 | 130 |
| Net profit | 150 | 0 | 283 | 217 | 24 | 42 |
| EPS (₹) | 8.18 | 13.05 | 15.42 | 11.91 | 1.30 | 1.64 |
| Revenue growth | +51.2% | -1.8% | -6.9% | -1.9% | +2.4% | |
| Profit growth | -100.0% | +14,16,700.0% | -23.5% | -89.0% | -50.9% | |
| Dividend / share (₹) | 2.16 | 2.70 | 4.50 | 6.00 | 6.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -3.5% | +19.4% | +2.3% |
| Net profit | +896.5% | -21.7% | -50.9% |
| EPS | -53.6% | -21.7% | – |
| Share price | – | -41.6% (2y) | -23.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,078 | 1,274 | 1,382 | 1,309 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 603 | 615 | 540 | 611 |
| Total assets | – | 2,619 | 2,895 | 3,160 | 3,056 |
| Fixed assets | – | 237 | 407 | 446 | 448 |
| Capital work in progress | – | 7 | 3 | 17 | 6 |
| Investments | – | 84 | 95 | 70 | 11 |
| Receivables | – | 795 | 836 | 556 | 559 |
| Inventory | – | 334 | 221 | 253 | 266 |
| Payables | – | 505 | 497 | 482 | 586 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 175 | 162 | 199 | 43 | 200 |
| Cash from investing | -127 | -84 | -10 | 71 | -6 |
| Cash from financing | -44 | -93 | -124 | -161 | -187 |
| Capex | 19 | 35 | 89 | 87 | 44 |
| Free cash flow | 156 | 127 | 110 | -44 | 156 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 0.0% | 22.2% | 15.7% | 1.8% |
| ROCE % | – | 30.0% | 30.4% | 23.0% | 5.4% |
| Debtor days | – | 82 | 88 | 63 | 64 |
| Inventory days | – | 55 | 41 | 56 | 60 |
| Payable days | – | 84 | 92 | 106 | 132 |
| Cash conversion cycle (days) | – | 53 | 37 | 13 | -8 |
| Working capital days | – | 71 | 79 | 93 | 86 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 32.81% |
| FIIs | 16.75% |
| DIIs | 15.68% |
| of which Mutual funds | 15.05% |
| of which Insurance | 0.03% |
| Public (non-institutions) | 34.77% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 32.81% | 32.81% | 32.81% | 32.81% | 32.81% | 32.81% | 32.81% | 32.81% |
| Promoter group | % |
|---|---|
| Pramod Madhukar Chaudhari | 24.97% |
| Parimal Pramod Chaudhari | 7.83% |
| Public holders above 1% | % |
|---|---|
| Canara Robeco Mutual Fund A/C Canara Robeco Large And Mid Cap Fund | 4.57% |
| Uti Small Cap Fund | 3.38% |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 2.75% |
| Hdfc Mutual Fund - Hdfc Multi Cap Fund | 2.18% |
| Goldman Sachs Funds - Goldman Sachs India Equity Portfolio | 2.15% |
| Gothic Corporation | 1.39% |
| Ishares Core Msci Emerging Markets Etf | 1.05% |
3,72,037 shareholders. Pledged: 0.00% of promoter shares.
Peers in Industrial Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| INDOMIM | ₹52,085 cr | – | – | – | – | – | – | – |
| CPPLUS | ₹45,577 cr | 94.7x | 24.3x | 25.5% | 33.3% | 14.5% | – | 0.04% |
| SYRMA | ₹28,803 cr | 77.7x | 10.1x | 17.4% | 17.6% | 11.1% | +33.0% | 0.10% |
| HONAUT | ₹27,500 cr | 50.1x | 6.2x | 13.0% | 16.9% | 13.3% | +10.7% | 0.34% |
| KAYNES | ₹22,167 cr | 64.0x | 4.7x | 9.1% | 11.1% | 15.5% | +47.7% | – |
| JYOTICNC | ₹20,523 cr | 63.8x | 10.3x | 17.4% | 18.5% | 24.4% | – | – |
| LMW | ₹17,267 cr | 84.2x | 5.7x | 7.0% | 9.3% | 7.1% | -12.1% | 0.19% |
| TEGA | ₹12,752 cr | 447.9x | 3.7x | 0.9% | 4.5% | 7.5% | +11.7% | 0.11% |
| LLOYDSENGG | ₹12,248 cr | 48.1x | 7.3x | 14.1% | 15.1% | 14.2% | +60.9% | 0.27% |
| PRAJIND | ₹4,582 cr | 152.0x | 3.5x | 3.2% | 6.1% | 4.0% | -3.5% | 2.41% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-06 | Dividend | Dividend - Rs 3.60 Per Share |
| 2025-08-04 | Dividend | Dividend - Rs 6 Per Share |
| 2024-07-18 | Dividend | Annual General Meeting/Dividend - Rs 6 Per Sh |
| 2023-07-19 | Dividend | Annual General Meeting/Dividend - Rs 4.50 Per Share |
| 2022-07-27 | Dividend | Annual General Meeting/Dividend - Rs 2.70 Per Share/ Special Dividend- Rs 1.50 Per Share |
| 2021-08-03 | Dividend | Dividend - Rs 2.16 Per Share |
| 2020-09-10 | Other | Annual General Meeting |
| 2020-03-13 | Dividend | Interim Dividend - Rs 2.70 Per Share |
| 2019-07-15 | Dividend | Annual General Meeting/Dividend - Rs 1.62 Per Share |
| 2019-02-07 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2018-07-27 | Dividend | Annual General Meeting/Dividend- Rs 1.62 Per Share |
| 2017-08-02 | Dividend | Annual General Meeting/Dividend - Rs 1.62 Per Share |
| 2016-03-17 | Dividend | Interim Dividend - Rs 1.62/- Per Share (Purpose Revised) |
| 2015-07-29 | Dividend | Annual General Meeting/Dividend - Rs 1.62/- Per Share |
| 2014-07-22 | Dividend | Annual General Meeting / Dividend - Rs 1.62/- Per Share |
| 2014-02-13 | Dividend | Interim Dividend Re.0.60/- Per Share (Purpose Revised) |
| 2013-07-16 | Dividend | Annual General Meeting/Dividend Rs 1.62 Per Equity Share |
| 2012-07-12 | Dividend | Annual General Meeting/Dividend Rs 1.62 Per Share |
| 2011-07-14 | Dividend | Annual General Meeting And Dividend Rs.1.26 Per Share |
| 2010-07-15 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY21
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacture of other Special - Purpose Machinery
| Sector | Industrials |
| Industry | Industrial Products |
| Sub-industry | Industrial Products |
| Symbol | PRAJIND |
| BSE code | 522205 |
| ISIN | INE074A01025 |
| Face value | ₹2.0 |
| Incorporated | 1985-11-08 |
| Website | https://www.praj.net |
| Plants (India / abroad) | 7 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.