- Valuation
- ₹14,870 Cr

About Praj
Praj is a publicly listed company based in Pune (India) founded in 1983 by Pramod Chaudhari. Bioethanol and wastewater treatment services are provided alongside biofuel research. The company has 2,559 employees. Its chief executive, as recorded, is Shishir Joshipura. Its website praj.net draws about 29 thousand monthly visits. Its Indian entity Praj Industries Limited reported revenue of βΉ3,218 Cr. Praj offers products and services including 1G Ethanol Solutions, Praj HiPurity Systems, and Critical Process Equipment. Its focus areas include Waste & Water Management, Wastewater Management, Treatment and Industrial. Its competitors include Concord Enviro and Spray Engineering; 1 of its 2 listed competitors has raised funding.
Company details
Praj was established in 1983 in Pune, India, as a provider of bioethanol and wastewater treatment services. Operations encompass research in biofuels, advanced biochemicals, and health and wellness products. A range of solutions is delivered for the environment, energy, and agri-processing sectors, supporting industrial applications across these domains.
Recognitions & Rankings of Praj
- Headquarters Pune, India
- Employees 2,559
- Founders Pramod Chaudhari
- Stage Public
- SectorsEnvironment
- Website category Heavy Industry and Engineering · Chemical Industry
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website praj.net
- Social LinkedIn X Facebook YouTube
- Legal Name Praj Industries Limited
- Market Cap₹4,610 Cr
PRAJIND · NSE
- Share Price₹260.01
+3.67% today
- Revenue₹3,168 Cr
FY 2025-26 · -1.9% YoY
- EBITDA₹125 Cr
Margin 4.0%
- Net Profit₹19.88 Cr
FY 2025-26 · -87.4% YoY
- P/E (TTM)84.8x
P/B 3.6x
- ROE1.5%
ROCE 6.0%
- Debt / Equity0.14
Interest cover 102.2x
- Employee Count2,559
Associated legal entities of Praj
Praj is associated with 3 registered companies on The Company Check; the primary company is Praj Industries Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Praj Industries Limited Listed CIN L27101PN1985PLC038031 | Active | 08 Nov 1985 | Pune, Maharashtra | ₹3,218 Cr | 1,460 | 12 | View details |
| Praj Engineering & Infra Limited CIN U45204PN1993PLC073239 | Active | 30 Jul 1993 | Pune, Maharashtra | ₹145 Cr | 39 | 6 | View details |
| Praj Hipurity Systems Limited CIN U41000MH2007PLC175261 | Active | 22 Oct 2007 | Mumbai, Maharashtra | ₹311 Cr | 213 | 9 | View details |
Products & Services of Praj
Praj offers a comprehensive portfolio of products and services, including 1G Ethanol Solutions, Praj HiPurity Systems, and Critical Process Equipment.
Provides ethanol production from sugary and starchy feedstocks.
Delivers systems for sterile water generation and wastewater treatment.
Offers pressure vessels and reactors for oil, gas, and chemical sectors.
Apps and channels of Praj
its YouTube channel Praj India has 6.99K subscribers and 30 videos.
Videos from Praj
The most watched videos on Praj's YouTube channel, Praj India (6.99K subscribers). Click a video to play it here.
More on Praj India.
Board of directors of Praj Industries Limited (Praj)
Praj Industries Limited is the primary company behind Praj. The boards of the 3 registered companies of Praj currently have 18 directors; the longest-serving is Dattatraya Vishwanath Nimbolkar, appointed in 2008. 57 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dattatraya Vishwanath Nimbolkar DIN 01104587 | Director | 17 Dec 2008 | 17 yrs 10 mo | Praj Engineering & Infra Limited |
| Pramod Madhukar Chaudhari DIN 00196415 | Nominee Director | 06 Jan 2012 | 14 yrs 10 mo | Praj Hipurity Systems Limited, Praj Industries Limited |
| Himanshu Virendra Shah DIN 00012867 | Person Incharge | 06 Jan 2012 | 14 yrs 10 mo | Praj Hipurity Systems Limited |
| Atul Murlidhar Mulay DIN 06925022 | Director | 21 Jul 2014 | 12 yrs 3 mo | Praj Engineering & Infra Limited |
| Vikram Shrirang Pandit DIN 07710490 | Director | 17 Jan 2017 | 9 yrs 9 mo | Praj Hipurity Systems Limited |
| Sandeep Rajnikant Mehta DIN 00031380 | Director | 21 Feb 2017 | 9 yrs 8 mo | Praj Hipurity Systems Limited |
| Shridhar Bhalchandra Shukla DIN 00007607 | Director | 22 Jan 2019 | 7 yrs 9 mo | Praj Hipurity Systems Limited, Praj Industries Limited |
| Dilip Purushottam Deshpande DIN 10137292 | Director | 17 May 2023 | 3 yrs 5 mo | Praj Engineering & Infra Limited |
| Avinash Damodar Padhye DIN 10153461 | Director | 17 May 2023 | 3 yrs 5 mo | Praj Engineering & Infra Limited |
| Mihir Rasesh Mehta DIN 09736913 | Whole-time director | 24 Jul 2023 | 3 yrs 3 mo | Praj Hipurity Systems Limited |
| Vinayak Kashinath Deshpande DIN 00036827 | Director | 31 Mar 2024 | 2 yrs 7 mo | Praj Industries Limited |
| Utkarsh Palnitkar DIN 00170004 | Director | 31 Mar 2024 | 2 yrs 7 mo | Praj Industries Limited |
| Rujuta Prakash Jagtap DIN 00861890 | Director | 22 Jul 2024 | 2 yrs 3 mo | Praj Hipurity Systems Limited, Praj Industries Limited |
| Ajay Narayan Deshpande DIN 03435179 | Director | 25 Oct 2024 | 2 yrs | Praj Industries Limited |
| Sachin Vinayak Raole DIN 00431438 | Director | 28 Jan 2025 | 1 yr 9 mo | Praj Hipurity Systems Limited, Praj Industries Limited, Praj Engineering & Infra Limited |
| Ashish Madhukar Gaikwad DIN 07585079 | Director | 25 Apr 2025 | 1 yr 6 mo | Praj Hipurity Systems Limited, Praj Industries Limited, Praj Engineering & Infra Limited |
| Berjis Minoo Desai DIN 00153675 | Director | 01 Jul 2025 | 1 yr 4 mo | Praj Industries Limited |
| Parth Pramod Chaudhari DIN 07010109 | Director | 11 Aug 2025 | 1 yr 3 mo | Praj Industries Limited |
People of Praj
163 people are tracked at Praj (14 in leadership, 7 in board & advisors, 142 in team); the tracked headcount is 2,559.
| Name | Role | Group |
|---|---|---|
| Founder & Owner | Leadership | |
| CEO & Managing Director | Leadership | |
Sandeep Kinkar | Vice President Manufacturing Operations | Leadership |
Karthik Ranganathan | Business Head- Bioenergy (1g) Products & Services | Leadership |
Ashok Bhalekar | Chief Technologist | Leadership |
Anand Karwa | Head Of Maintenance | Leadership |
Ganesh Patil | Assistant Vice President | Leadership |
| CFO & Director, Resources | Leadership | |
Ravi Prakash | Head Of Human Resources - Bio Energy | Leadership |
Ajit Deshmukh | Chief Manager | Leadership |
Anand Ghosalkar | Chief Scientist | Leadership |
Kuldip Patil | Deputy General Manager - Process | Leadership |
Tanaji Sutar | Execution Head-operation And Maintenance | Leadership |
Sudhir Kumar | Head Of Planning | Leadership |
| Director | Board & advisors | |
| Independent Director | Board & advisors | |
Parimal Chaudhari | Non-Executive Director | Board & advisors |
| Independent Director | Board & advisors | |
| Independent Director | Board & advisors | |
| Independent Director | Board & advisors |
143 more people are available in the full profile.
Complete people profiles for Praj
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Praj
Praj is a publicly listed company on the NSE with ticker symbol PRAJIND in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Oct 1995
- Listed onNSE: PRAJIND
- Listed entityPRAJ Industries Limited
- Exchange sectorIndustrial services
- ISININE074A01025
- Share price₹286.55 (-0.52% on the day) · 2026-10-14
- Market capitalisation₹5,296 Cr
- Price to earnings174.9
- EPS (diluted, trailing year)₹1.64
- Dividend yield1.25%
- Volume (last session)283,990
Financials of Praj
Exchange-reported figures of Praj Industries Limited, the listed company behind Praj (NSE: PRAJIND).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,168 | 3,228 | 3,466 | 3,528 | 2,343 | 1,305 | 1,102 |
| Revenue growth | -1.9% | -6.9% | -1.8% | +50.6% | +79.6% | +18.4% | - |
| EBITDA | 125 | 314 | 372 | 308 | 194 | 112 | 78.05 |
| EBITDA margin | +4.0% | +9.7% | +10.7% | +8.7% | +8.3% | +8.6% | +7.1% |
| Profit before tax | 49.91 | 299 | 377 | 319 | 205 | 113 | 83.12 |
| Net profit | 19.88 | 157 | 275 | 236 | 146 | 80.82 | 66.16 |
| Net profit margin | +0.6% | +4.9% | +7.9% | +6.7% | +6.2% | +6.2% | +6.0% |
| EPS (βΉ) | 1.30 | 11.91 | 15.42 | 13.05 | 8.18 | 4.42 | 3.85 |
| Balance sheet | |||||||
| Total assets | 1,494 | 1,597 | 1,463 | 1,134 | 955 | 830 | 752 |
| Net worth | 1,309 | 1,382 | 1,274 | 1,078 | 916 | 802 | 719 |
| Total debt | 173 | 195 | 169 | 42.14 | 21.09 | 0.00 | 0.00 |
| Cash & bank | 204 | 181 | 213 | 145 | 155 | 132 | 49.31 |
| Net working capital | 399 | 511 | 390 | 239 | 184 | 176 | 247 |
| Cash flow | |||||||
| Cash from operations | 200 | 42.96 | 199 | 162 | 188 | 225 | 14.67 |
| Cash from investing | 3.63 | 75.38 | (5.66) | (77.61) | (137) | (164) | 65.64 |
| Cash from financing | (187) | (161) | (124) | (93.40) | (44.35) | (6.29) | (98.03) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 849 | 716 | 845 | 841 | 842 | 640 | 860 | 853 |
| Revenue growth (YoY) | +0.9% | +11.8% | -1.8% | -1.4% | +3.1% | -8.4% | - | - |
| Other income | 12.17 | 19.98 | 32.53 | 11.89 | 5.44 | 8.59 | 10.11 | 13.77 |
| EBITDA | 52.37 | 30.05 | 23.28 | 6.86 | 55.84 | 31.43 | 75.32 | 72.72 |
| EBITDA margin | +6.2% | +4.2% | +2.8% | +0.8% | +6.6% | +4.9% | +8.8% | +8.5% |
| Depreciation | 25.03 | 25.25 | 27.09 | 26.56 | 26.71 | 25.21 | 22.44 | 23.28 |
| Interest | 3.40 | 3.73 | 5.19 | 5.03 | 4.97 | 5.20 | 4.74 | 4.38 |
| Profit before tax | 36.11 | 21.05 | 23.53 | (12.84) | 29.60 | 9.61 | 58.25 | 58.83 |
| Tax | 12.96 | 9.44 | 11.92 | (0.45) | 10.33 | 4.27 | 18.44 | 17.72 |
| Net profit | 23.15 | 11.61 | 11.61 | (12.39) | 19.27 | 5.34 | 39.81 | 41.11 |
| EPS (βΉ) | 1.26 | 0.63 | 0.63 | (0.67) | 1.05 | 0.29 | 2.17 | 2.23 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,586 | 2,745 | 2,990 | 3,153 | 2,053 | 1,089 | 942 |
| Revenue growth | -5.8% | -8.2% | -5.2% | +53.5% | +88.6% | +15.6% | - |
| EBITDA | 151 | 298 | 321 | 279 | 173 | 94.87 | 65.00 |
| EBITDA margin | +5.8% | +10.9% | +10.7% | +8.9% | +8.5% | +8.7% | +6.9% |
| Profit before tax | 162 | 350 | 365 | 309 | 214 | 96.68 | 77.53 |
| Net profit | 139 | 229 | 280 | 232 | 136 | 70.95 | 68.98 |
| Net profit margin | +5.4% | +8.4% | +9.4% | +7.4% | +6.7% | +6.5% | +7.3% |
| EPS (βΉ) | 6.55 | 14.39 | 15.26 | 12.93 | 8.95 | 3.89 | 3.53 |
| Balance sheet | |||||||
| Total assets | 1,486 | 1,475 | 1,318 | 1,117 | 939 | 803 | 734 |
| Net worth | 1,433 | 1,414 | 1,261 | 1,066 | 906 | 777 | 704 |
| Total debt | 43.40 | 42.60 | 40.31 | 39.16 | 17.24 | 0.00 | 0.00 |
| Cash & bank | 123 | 112 | 137 | 87.70 | 106 | 97.18 | 23.10 |
| Net working capital | 273 | 423 | 374 | 168 | 115 | 108 | 183 |
| Cash flow | |||||||
| Cash from operations | 247 | 72.76 | 178 | 131 | 153 | 210 | 13.57 |
| Cash from investing | (86.15) | 18.84 | (25.67) | (59.48) | (104) | (155) | 70.76 |
| Cash from financing | (137) | (134) | (104) | (90.74) | (43.41) | (4.84) | (96.37) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 652 | 539 | 693 | 697 | 686 | 510 | 701 | 739 |
| Revenue growth (YoY) | -5.0% | +5.7% | -1.2% | -5.7% | -2.5% | -15.0% | - | - |
| Other income | 22.28 | 29.22 | 38.57 | 19.20 | 10.85 | 13.19 | 16.66 | 16.43 |
| Total expenses | 599 | 519 | 658 | 678 | 626 | 482 | 624 | 668 |
| EBITDA | 52.57 | 20.37 | 34.37 | 18.46 | 60.16 | 28.03 | 77.16 | 71.50 |
| EBITDA margin | +8.1% | +3.8% | +5.0% | +2.6% | +8.8% | +5.5% | +11.0% | +9.7% |
| Depreciation | 11.44 | 12.10 | 14.05 | 13.61 | 13.67 | 13.12 | 12.01 | 12.00 |
| Interest | 0.72 | 0.79 | 1.86 | 1.42 | 1.43 | 1.46 | 1.03 | 0.76 |
| Profit before tax | 62.69 | 36.70 | 57.03 | 22.63 | 55.91 | 26.64 | 80.78 | 75.17 |
| Tax | 17.26 | 11.25 | 14.79 | 6.00 | 14.23 | 6.67 | 21.80 | 19.45 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 849 | 716 | 845 | 841 | 842 | 640 | 860 | 853 |
| Revenue growth (YoY) | +0.9% | +11.8% | -1.8% | -1.4% | +3.1% | -8.4% | - | - |
| Other income | 12.17 | 19.98 | 32.53 | 11.89 | 5.44 | 8.59 | 10.11 | 13.77 |
| EBITDA | 52.37 | 30.05 | 23.28 | 6.86 | 55.84 | 31.43 | 75.32 | 72.72 |
| EBITDA margin | +6.2% | +4.2% | +2.8% | +0.8% | +6.6% | +4.9% | +8.8% | +8.5% |
| Depreciation | 25.03 | 25.25 | 27.09 | 26.56 | 26.71 | 25.21 | 22.44 | 23.28 |
| Interest | 3.40 | 3.73 | 5.19 | 5.03 | 4.97 | 5.20 | 4.74 | 4.38 |
| Profit before tax | 36.11 | 21.05 | 23.53 | (12.84) | 29.60 | 9.61 | 58.25 | 58.83 |
| Tax | 12.96 | 9.44 | 11.92 | (0.45) | 10.33 | 4.27 | 18.44 | 17.72 |
| Net profit | 23.15 | 11.61 | 11.61 | (12.39) | 19.27 | 5.34 | 39.81 | 41.11 |
| EPS (βΉ) | 1.26 | 0.63 | 0.63 | (0.67) | 1.05 | 0.29 | 2.17 | 2.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,168 | 3,228 | 3,466 | 3,528 | 2,343 | 1,305 | 1,102 |
| Revenue growth | -1.9% | -6.9% | -1.8% | +50.6% | +79.6% | +18.4% | - |
| Other income | 50.35 | 88.94 | 59.46 | 45.80 | 36.19 | 25.74 | 30.02 |
| Total expenses | 3,042 | 2,914 | 3,094 | 3,220 | 2,150 | 1,192 | 1,024 |
| Employee cost | 346 | 349 | 319 | 258 | 218 | 172 | 164 |
| EBITDA | 125 | 314 | 372 | 308 | 194 | 112 | 78.05 |
| EBITDA margin | +4.0% | +9.7% | +10.7% | +8.7% | +8.3% | +8.6% | +7.1% |
| Depreciation | 106 | 86.44 | 44.06 | 30.25 | 22.59 | 22.12 | 21.85 |
| Interest | 20.27 | 18.45 | 9.79 | 4.63 | 2.51 | 2.86 | 3.10 |
| Profit before tax | 49.91 | 299 | 377 | 319 | 205 | 113 | 83.12 |
| Tax | 26.07 | 79.62 | 94.07 | 78.91 | 54.63 | 32.04 | 12.70 |
| Net profit | 19.88 | 157 | 275 | 236 | 146 | 80.82 | 66.16 |
| Net profit margin | +0.6% | +4.9% | +7.9% | +6.7% | +6.2% | +6.2% | +6.0% |
| EPS (βΉ) | 1.30 | 11.91 | 15.42 | 13.05 | 8.18 | 4.42 | 3.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 36.76 | 36.76 | 36.76 | 36.74 | 36.73 | 36.65 | 36.63 |
| Reserves & surplus | 1,272 | 1,345 | 1,238 | 1,041 | 879 | 765 | 683 |
| Shareholders' funds (net worth) | 1,309 | 1,382 | 1,274 | 1,078 | 916 | 802 | 719 |
| Minority interest | 0.13 | 0.12 | 0.10 | 0.07 | 0.04 | 0.68 | 0.67 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 173 | 195 | 169 | 42.14 | 21.09 | 0.00 | 0.00 |
| Total debt | 173 | 195 | 169 | 42.14 | 21.09 | 0.00 | 0.00 |
| Total liabilities | 1,494 | 1,597 | 1,463 | 1,134 | 955 | 830 | 752 |
| Assets | |||||||
| Gross block | 1,055 | 1,022 | 843 | 657 | 599 | 574 | 566 |
| Net block | 560 | 567 | 474 | 317 | 286 | 284 | 294 |
| Capital work in progress | 6.19 | 17.79 | 43.35 | 6.95 | 2.09 | 0.61 | 2.08 |
| Investments | 418 | 428 | 497 | 543 | 463 | 335 | 164 |
| Inventories | 266 | 253 | 221 | 334 | 345 | 129 | 111 |
| Sundry debtors | 559 | 556 | 643 | 795 | 512 | 453 | 330 |
| Cash & bank balances | 204 | 181 | 213 | 145 | 155 | 132 | 49.31 |
| Loans & advances | 932 | 1,081 | 745 | 450 | 436 | 226 | 166 |
| Total current assets | 1,961 | 2,072 | 1,822 | 1,724 | 1,448 | 940 | 656 |
| Total current liabilities | 1,562 | 1,560 | 1,432 | 1,485 | 1,263 | 764 | 409 |
| Net working capital | 399 | 511 | 390 | 239 | 184 | 176 | 247 |
| Total assets | 1,494 | 1,597 | 1,463 | 1,134 | 955 | 830 | 752 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 126 | 168 | 98.58 | 107 | 101 | 45.84 | 63.56 |
| Net cash from operating activities | 200 | 42.96 | 199 | 162 | 188 | 225 | 14.67 |
| Net cash from investing activities | 3.63 | 75.38 | (5.66) | (77.61) | (137) | (164) | 65.64 |
| Net cash from financing activities | (187) | (161) | (124) | (93.40) | (44.35) | (6.29) | (98.03) |
| Net change in cash | 16.45 | (42.50) | 69.83 | (8.87) | 6.35 | 55.27 | (17.72) |
| Closing cash | 204 | 181 | 213 | 145 | 155 | 132 | 49.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -1.9% | -6.9% | -1.8% | +50.6% | +79.6% | +18.4% | - |
| EBITDA growth | -60.1% | -15.4% | +20.8% | +58.9% | +72.5% | +43.9% | - |
| PBT growth | -83.3% | -20.9% | +18.4% | +55.6% | +81.1% | +36.1% | -5.5% |
| Net income growth | -87.4% | -42.7% | +16.3% | +61.8% | +80.5% | +22.2% | - |
| Revenue CAGR (3Y) | -3.5% | +11.3% | +38.5% | +47.4% | +27.1% | +12.5% | +6.4% |
| EBITDA CAGR (3Y) | -25.9% | +17.5% | +49.0% | +58.0% | +34.7% | +29.7% | +4.4% |
| Profitability & leverage | |||||||
| Net income margin | +0.8% | +6.8% | +8.2% | +6.8% | +6.4% | +6.2% | +6.4% |
| Return on capital employed | +6.1% | +17.7% | +29.8% | +31.0% | +23.3% | +14.7% | +11.4% |
| Return on net worth | +1.5% | +11.9% | +24.1% | +24.1% | +17.5% | +10.7% | +9.6% |
| Debt / equity | 0.14 | 0.14 | 0.09 | 0.03 | 0.01 | 0.00 | 0.00 |
| Long-term debt / equity | 0.10 | 0.11 | 0.07 | 0.02 | 0.01 | 0.00 | 0.00 |
| Interest cover | 102.22 | 8.09 | 2.99 | 1.67 | 1.47 | 3.17 | 5.52 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.05 | 3.46 | 4.62 | 5.62 | 4.00 | 2.29 | 2.01 |
| Inventory turnover | 12.20 | 13.62 | 12.50 | 10.40 | 9.89 | 10.87 | 9.28 |
| Debtors turnover | 5.68 | 5.38 | 4.82 | 5.40 | 4.86 | 3.33 | 3.47 |
| EPS (βΉ) | 1.30 | 11.91 | 15.42 | 13.05 | 8.18 | 4.42 | 3.85 |
| Dividend per share (βΉ) | 3.60 | 6.00 | 6.00 | 4.50 | 4.20 | 2.16 | 2.70 |
| Book value per share (βΉ) | 71.22 | 75.17 | 69.34 | 58.68 | 49.86 | 43.76 | 39.27 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 652 | 539 | 693 | 697 | 686 | 510 | 701 | 739 |
| Revenue growth (YoY) | -5.0% | +5.7% | -1.2% | -5.7% | -2.5% | -15.0% | - | - |
| Other income | 22.28 | 29.22 | 38.57 | 19.20 | 10.85 | 13.19 | 16.66 | 16.43 |
| Total expenses | 599 | 519 | 658 | 678 | 626 | 482 | 624 | 668 |
| EBITDA | 52.57 | 20.37 | 34.37 | 18.46 | 60.16 | 28.03 | 77.16 | 71.50 |
| EBITDA margin | +8.1% | +3.8% | +5.0% | +2.6% | +8.8% | +5.5% | +11.0% | +9.7% |
| Depreciation | 11.44 | 12.10 | 14.05 | 13.61 | 13.67 | 13.12 | 12.01 | 12.00 |
| Interest | 0.72 | 0.79 | 1.86 | 1.42 | 1.43 | 1.46 | 1.03 | 0.76 |
| Profit before tax | 62.69 | 36.70 | 57.03 | 22.63 | 55.91 | 26.64 | 80.78 | 75.17 |
| Tax | 17.26 | 11.25 | 14.79 | 6.00 | 14.23 | 6.67 | 21.80 | 19.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,586 | 2,745 | 2,990 | 3,153 | 2,053 | 1,089 | 942 |
| Revenue growth | -5.8% | -8.2% | -5.2% | +53.5% | +88.6% | +15.6% | - |
| Other income | 71.99 | 100 | 83.92 | 61.30 | 62.44 | 23.21 | 33.78 |
| Total expenses | 2,435 | 2,446 | 2,669 | 2,874 | 1,880 | 994 | 877 |
| Employee cost | 269 | 289 | 275 | 225 | 186 | 143 | 134 |
| EBITDA | 151 | 298 | 321 | 279 | 173 | 94.87 | 65.00 |
| EBITDA margin | +5.8% | +10.9% | +10.7% | +8.9% | +8.5% | +8.7% | +6.9% |
| Depreciation | 54.45 | 45.19 | 36.02 | 26.92 | 19.84 | 19.07 | 18.80 |
| Interest | 6.18 | 3.84 | 4.03 | 4.21 | 2.14 | 2.33 | 2.45 |
| Profit before tax | 162 | 350 | 365 | 309 | 214 | 96.68 | 77.53 |
| Tax | 41.69 | 85.26 | 84.32 | 71.56 | 49.50 | 25.43 | 12.83 |
| Net profit | 139 | 229 | 280 | 232 | 136 | 70.95 | 68.98 |
| Net profit margin | +5.4% | +8.4% | +9.4% | +7.4% | +6.7% | +6.5% | +7.3% |
| EPS (βΉ) | 6.55 | 14.39 | 15.26 | 12.93 | 8.95 | 3.89 | 3.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 36.76 | 36.76 | 36.76 | 36.74 | 36.73 | 36.65 | 36.63 |
| Reserves & surplus | 1,396 | 1,377 | 1,224 | 1,029 | 870 | 740 | 668 |
| Shareholders' funds (net worth) | 1,433 | 1,414 | 1,261 | 1,066 | 906 | 777 | 704 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 43.40 | 42.60 | 40.31 | 39.16 | 17.24 | 0.00 | 0.00 |
| Total debt | 43.40 | 42.60 | 40.31 | 39.16 | 17.24 | 0.00 | 0.00 |
| Total liabilities | 1,486 | 1,475 | 1,318 | 1,117 | 939 | 803 | 734 |
| Assets | |||||||
| Gross block | 637 | 635 | 554 | 516 | 458 | 437 | 428 |
| Net block | 303 | 293 | 240 | 235 | 202 | 201 | 211 |
| Capital work in progress | 1.99 | 13.87 | 42.38 | 6.67 | 2.09 | 0.61 | 2.08 |
| Investments | 567 | 563 | 637 | 690 | 613 | 475 | 312 |
| Inventories | 226 | 221 | 170 | 298 | 305 | 89.45 | 72.86 |
| Sundry debtors | 436 | 430 | 495 | 680 | 417 | 373 | 266 |
| Cash & bank balances | 123 | 112 | 137 | 87.70 | 106 | 97.18 | 23.10 |
| Loans & advances | 797 | 966 | 789 | 423 | 416 | 214 | 150 |
| Total current assets | 1,582 | 1,729 | 1,591 | 1,488 | 1,244 | 773 | 512 |
| Total current liabilities | 1,309 | 1,306 | 1,218 | 1,320 | 1,129 | 665 | 328 |
| Net working capital | 273 | 423 | 374 | 168 | 115 | 108 | 183 |
| Total assets | 1,486 | 1,475 | 1,318 | 1,117 | 939 | 803 | 734 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 65.10 | 107 | 59.08 | 78.21 | 72.13 | 21.58 | 33.62 |
| Net cash from operating activities | 247 | 72.76 | 178 | 131 | 153 | 210 | 13.57 |
| Net cash from investing activities | (86.15) | 18.84 | (25.67) | (59.48) | (104) | (155) | 70.76 |
| Net cash from financing activities | (137) | (134) | (104) | (90.74) | (43.41) | (4.84) | (96.37) |
| Net change in cash | 23.54 | (42.06) | 48.08 | (19.13) | 6.08 | 50.55 | (12.04) |
| Closing cash | 123 | 112 | 137 | 87.70 | 106 | 97.18 | 23.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -5.8% | -8.2% | -5.2% | +53.5% | +88.6% | +15.6% | - |
| EBITDA growth | -49.4% | -7.0% | +15.0% | +60.9% | +82.8% | +46.0% | - |
| PBT growth | -53.6% | -4.1% | +18.0% | +44.5% | +121.3% | +24.7% | -4.2% |
| Net income growth | -39.2% | -18.2% | +20.7% | +70.2% | +92.3% | +2.9% | - |
| Revenue CAGR (3Y) | -6.4% | +10.2% | +40.0% | +49.6% | +30.5% | +16.0% | +8.9% |
| EBITDA CAGR (3Y) | -18.5% | +19.8% | +50.1% | +62.5% | +33.3% | +38.6% | -1.4% |
| Profitability & leverage | |||||||
| Net income margin | +4.7% | +9.6% | +9.4% | +7.5% | +8.0% | +6.6% | +6.9% |
| Return on capital employed | +13.2% | +25.3% | +30.3% | +30.5% | +20.7% | +12.9% | +10.8% |
| Return on net worth | +9.8% | +19.8% | +24.1% | +24.1% | +16.2% | +9.6% | +9.0% |
| Debt / equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.00 | 0.00 |
| Long-term debt / equity | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 |
| Interest cover | 6.41 | 1.52 | 1.41 | 1.67 | 1.39 | 3.07 | 5.30 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.06 | 4.62 | 5.59 | 6.47 | 4.59 | 2.52 | 2.28 |
| Inventory turnover | 11.58 | 14.04 | 12.78 | 10.47 | 10.42 | 13.41 | 10.64 |
| Debtors turnover | 5.97 | 5.94 | 5.09 | 5.75 | 5.20 | 3.41 | 3.82 |
| EPS (βΉ) | 6.55 | 14.39 | 15.26 | 12.93 | 8.95 | 3.89 | 3.53 |
| Dividend per share (βΉ) | 3.60 | 6.00 | 6.00 | 4.50 | 4.20 | 2.16 | 2.70 |
| Book value per share (βΉ) | 77.95 | 76.92 | 68.61 | 58.04 | 49.35 | 42.41 | 38.46 |
Competitors of Praj
Praj has 2 listed competitors in our database, 1 of them funded. They include Concord Enviro and Spray Engineering.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| concordenviro.in | 1992 | Mumbai, India | $21M | 543 | Industrial wastewater treatment and waste management services are provided. | |
| sprayengineering.com | 1992 | Sahibzada Ajit Singh Nagar, India | Energy-efficient equipment is engineered for sugar and water industries. |
Detailed competitors of Praj
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Web traffic of Praj
The website of Praj (praj.net) receives about 28.9K visits a month and ranks #455,374 among all websites worldwide, #5,954 in Chemical Industry.
- Monthly visits28.9K
▼ 45.7% vs previous month
- Unique visitors17.5K
per month
- Global rank#455,374
among all websites
- Category rank#5,954
Heavy Industry and Engineering · Chemical Industry
- Bounce rate32%
- Pages per visit6.2
- Average visit5 min 21 sec
- DevicesDesktop 55% Β· Mobile 45%
Websites whose visitors overlap most with Praj. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
thermaxindia.com | thermaxindia.com | 100% | β | ||
| milacron.com | 85% | 27K | #1,112,317 | View details | |
| myrgroup.com | 72% | 25.1K | #912,563 | View details | |
| godavaribiorefineries.com | 70% | 8.6K | #1,902,765 | View details | |
| icis.com | 70% | #208,488 | View details | ||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 25 similar websites and full traffic analytics for Praj
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Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Praj (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Praj
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Frequently Asked Questions about Praj
Praj was founded in 1983.
Praj is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Shishir Joshipura is the CEO of Praj, as recorded in our data.
Praj has 2,559 employees.
The primary company behind Praj, Praj Industries Limited, reported revenue of βΉ3,218 Cr for FY 2026, down 2% year on year.
Praj was established in 1983 in Pune, India, as a provider of bioethanol and wastewater treatment services. Operations encompass research in biofuels, advanced biochemicals, and health and wellness products. A range of solutions is delivered for the environment, energy, and agri-processing sectors, supporting industrial applications across these domains.
Praj's top competitors include Concord Enviro and Spray Engineering.
Praj offers 1G Ethanol Solutions, Praj HiPurity Systems, and Critical Process Equipment.
Yes, Praj is publicly traded on NSE under the ticker symbol PRAJIND.
Praj is associated with 3 legal entities: Praj Industries Limited, Praj Hipurity Systems Limited, Praj Engineering & Infra Limited.
The legal entities of Praj currently have 19 directors, including Sandeep Rajnikant Mehta, Pramod Madhukar Chaudhari, Sachin Vinayak Raole and others.
