India's Richest People 2026 edition · 1 director · Source: Hurun India
- #941 Pramod Madhukar Chaudhari ₹3,100 Cr
Revenue · FY 2025
₹29.65 Cr
▲ 47% YoY
Net loss · FY 2025
₹75.07 Cr
Net margin -253.2%
EBITDA · FY 2025
-₹25.98 Cr
EBITDA margin -87.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹150 Cr
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
7
As per MCA filings
About Praj Genx Limited
Data last updated:
Praj Genx Limited is a public limited company based in Pune, Maharashtra, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 15 March 2023.
Its director Pramod Madhukar Chaudhari is #941 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28299PN2023PLC218651. Its GSTIN is 27AANCP6157H1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Pramod Madhukar Chaudhari and Dattatraya Vishwanath Nimbolkar (Non- Individual Subscriber).
Its last annual general meeting (AGM) was held on 03 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.65 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹75.07 Cr (net margin -253.2%) and EBITDA of -₹25.98 Cr (EBITDA margin -87.6%).
As per MCA filings, the company has open charges of ₹150 Cr on record.
For more details, the company can be reached via its website praj.net.
Company details
CIN U28299PN2023PLC218651
Registration Number 218651
Incorporation Date 15 March 2023
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 03 August 2026
Date of Balance Sheet 31 March 2026
Key People
Pramod Madhukar Chaudhari Director Dattatraya Vishwanath Nimbolkar Non- Individual Subscriber Sachin Vinayak Raole Director Recognitions & Rankings of Praj Genx
Contact details
Praj Genx Limited's registered office is in Pune, Maharashtra. Its website is praj.net. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPraj Tower 274 & 275 Bhumkar Chowk, Hijewadi Road Hinjewadi, Pune, Maharashtra, India – 411057
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Praj Genx Limited, buy the company report.
Comprehensive company report
Praj Genx Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Praj Genx is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Praj Genx Limited, buy the company report.
Financials of Praj Genx Limited
FY 2026 filings availablePraj Genx Limited reported revenue of ₹29.65 Cr (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹29.65 Cr ▲ 47%
Net loss · FY 2025
₹75.07 Cr margin -253.2%
EBITDA · FY 2025
-₹25.98 Cr margin -87.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
EBITDA CAGR growth
1 year
▼ 375%
Revenue rose 47% in the latest year. EBITDA fell 375% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹25.98 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹75.07 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -87.6% | ||
| Net Profit Margin | -253.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Praj Genx Limited, buy the company report.
Board of directors of Praj Genx Limited
Praj Genx has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Madhukar Chaudhari Also directs: Plutus Properties LLP, Praj Industries Limited, Praj Hipurity Systems Limited and 3 more | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
| Dattatraya Vishwanath Nimbolkar Also directs: Praj Engineering & Infra Limited, Praj Foundation | Non- Individual Subscriber | 15 Mar 2023 | 3 Years 7 Months | Current |
| Sachin Vinayak Raole Also directs: Praj Industries Limited, Praj Hipurity Systems Limited, Praj Hipurity Systems Limited and 2 more | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
| Abhijit Madhukar Dani Also directs: Process Plant and Machinery Association of India | Additional Director | 06 Apr 2023 | 3 Years 7 Months | Current |
| Atul Murlidhar Mulay Also directs: Praj Engineering & Infra Limited | Individual Subscriber | 15 Mar 2023 | 3 Years 7 Months | Current |
| Sivaramakrishnan Srinivasan Iyer Also directs: Berjis Desai Capital Advisor LLP, Berjis Desai Iconic Brands LLP, Aptech Limited and 3 more | Additional Director | 06 Apr 2023 | 3 Years 7 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Praj Genx Limited is audited by P G BHAGWAT LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G BHAGWAT LLP | FY 2024 | 101118W/W100682 |
Charges & borrowings
Open charges
₹150 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2024 | 101022279 | Standard Chartered Bank | ₹50 Cr | Open | |
| 06 Dec 2024 | 101022513 | Others | ₹100 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Praj Genx Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praj Genx Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praj Genx has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCP6157H1ZY | Maharashtra | Active | 01 Jun 2023 |
| 29AANCP6157H1ZU | Karnataka | Active | 03 Oct 2023 |
To see the full GST registrations and return filing status of Praj Genx Limited, buy the company report.
Recent activity
Praj Genx Limited has 8 board changes on record since 2023: 7 appointments and 1 cessation. The latest: Shishir Joshipura ceased to be Director on 30 Jun 2025.
AGM
Praj Genx Limited last Annual general meeting of members was held on 03 Aug 2026 as per latest MCA records.
Filing
Praj Genx Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Ceased
Shishir Joshipura ceased to be Director.
Appointed
Ashish Madhukar Gaikwad was appointed as Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 50.00 Cr with Charge ID 101022279 was registered on 06 Dec 2024.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 101022513 was registered on 06 Dec 2024.
Appointed
Abhijit Madhukar Dani was appointed as Additional Director.
Appointed
Sivaramakrishnan Srinivasan Iyer was appointed as Additional Director.
Appointed
Atul Murlidhar Mulay was appointed as Individual Subscriber.
Appointed
Dattatraya Vishwanath Nimbolkar was appointed as Non- Individual Subscriber.
Appointed
Pramod Madhukar Chaudhari was appointed as Director.
Appointed
Sachin Vinayak Raole was appointed as Director.
1 earlier event is in the company report.
News
Frequently asked questions
Praj Genx is an active public limited company based in Pune, Maharashtra, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 15 March 2023 (3+ years old) and is registered under CIN U28299PN2023PLC218651.
Praj Genx has 7 current directors:
- Pramod Madhukar Chaudhari - Director
- Sachin Vinayak Raole - Director
- Abhijit Madhukar Dani - Additional Director
- Sivaramakrishnan Srinivasan Iyer - Additional Director
- Ashish Madhukar Gaikwad - Director
- Dattatraya Vishwanath Nimbolkar - Non- Individual Subscriber
- Atul Murlidhar Mulay - Individual Subscriber
The latest financial statements of Praj Genx on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 03 August 2026. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Praj Genx is 27AANCP6157H1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AANCP6157H1ZU (Karnataka).
The CIN (Corporate Identification Number) of Praj Genx is U28299PN2023PLC218651. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praj Genx was incorporated on 15 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Pune.
Shishir Joshipura ceased to be Director on 30 Jun 2025. Ashish Madhukar Gaikwad was appointed as Director on 24 Apr 2025. Abhijit Madhukar Dani was appointed as Additional Director on 06 Apr 2023. Praj Genx has 8 board changes on record in total.
Praj Genx can be reached through the website praj.net. Its registered office is in Pune, Maharashtra, India.
The registered office of Praj Genx is at Praj Tower 274 & 275 Bhumkar Chowk, Hijewadi Road Hinjewadi, Pune, Maharashtra, India – 411057.
Praj Genx operates in the environment industry, in the clean energy solutions segment.
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