Praj Industries Limited

BSE: 522205 NSE: PRAJIND
Praj Industries Limited - environment in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN L27101PN1985PLC038031 Incorporated 08 November 1985 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: PRAJIND · BSE: 522205 Public Limited Company environment BSE 500
Data last updated
Market Cap
₹4,698 Cr
PRAJIND · NSE
Share Price
₹250.11
-2.14% 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)
86.3x
P/B 3.7x
ROE
1.5%
ROCE 6.0%
Debt / Equity
0.14
Interest cover 102.2x

About Praj Industries Limited

Data last updated:

Praj Industries Limited is a public limited company based in Pune, Maharashtra, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 08 November 1985 and has been in existence for over 41 years.

Praj Industries is part of the BSE 500 index. 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 L27101PN1985PLC038031. Its GSTIN is 24AAACP6090Q1ZY (Gujarat). The company holds 22 GST registrations, of which 14 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 522205 and NSE: PRAJIND.

The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹36.76 Cr. It was formerly known as Praj Counseltech Pvt Ltd. It is led by directors including Ashish Madhukar Gaikwad (Managing Director) and Pramod Madhukar Chaudhari (Whole-Time Director).

Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Prajtower S.No.274&275/2 Bhumkarchowk – Hinjewadiroad Hinjewadi, Pune, Maharashtra, India – 411057.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,167.88 Cr, a decline of 1.9% compared to the previous year. For the same year it recorded a net profit of ₹19.88 Cr (net margin 0.6%) and EBITDA of ₹125.39 Cr (EBITDA margin 4%). The net worth stands at ₹1,309.12 Cr (down 5.3% YoY). Total assets are valued at ₹1,493.89 Cr (down 6.5% YoY).

The company has about 1,460 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.

The company is associated with 1 brand: Praj. As per MCA filings, the company has open charges of ₹613.16 Cr and satisfied charges of ₹12.38 Cr on record. Court records list 157 cases involving the company, including 88 filed by the company and 71 filed against it; 24 cases are pending. The company has 61 deals on record (58 market trades, 2 acquisitions, 1 secondary share transfer); the latest was in April 2026.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praj.net.

Company details

CIN L27101PN1985PLC038031
Registration Number 038031
Incorporation Date 08 November 1985
ROC Pune
Listing Status Listed - Listed on NSE (PRAJIND); Listed on BSE (522205)
Company Status Active
Date of Last AGM 11 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Ashish Madhukar Gaikwad Managing Director Pramod Madhukar Chaudhari Whole-Time Director Sachin Vinayak Raole Whole-Time Director

Recognitions & Rankings of Praj Industries

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#372
Valuation
₹14,870 Cr
2023 #390 2022 #415 2021 #477
Stock market indices
BSE 500

Contact details

Praj Industries Limited's registered office is in Pune, Maharashtra. Its website is praj.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    praj.net
  • Social Media
  • Registered Address
    Prajtower S.No.274&275/2 Bhumkarchowk – Hinjewadiroad Hinjewadi, Pune, Maharashtra, India – 411057
  • Industry
    Environment, Water Treatment, Biofuel & Biomass Energy

To see the full contact details of Praj Industries Limited, buy the company report.

Comprehensive company report
Praj Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Praj Industries operates one associated brand: Praj. Each brand links to its own profile.

BrandDescriptionWebsite
Praj
Bioethanol and wastewater treatment services are provided alongside biofuel research.praj.net

Business activity

The main business activity of Praj Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Praj Industries Limited, buy the company report.

Financials of Praj Industries Limited

FY 2025-26 filings available

Praj Industries Limited reported revenue of ₹3,167.88 Cr (down 1.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹3,168 Cr
-1.9% YoY
EBITDA
₹125 Cr
-60.1% YoY
Profit After Tax
₹19.88 Cr
-87.4% YoY
Net Worth
₹1,309 Cr
-5.3% YoY
Total Assets
₹1,494 Cr
-6.5% YoY
Total Debt
₹173 Cr
-11.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,1683,2283,4663,5282,3431,3051,102
Revenue growth-1.9%-6.9%-1.8%+50.6%+79.6%+18.4%-
EBITDA12531437230819411278.05
EBITDA margin+4.0%+9.7%+10.7%+8.7%+8.3%+8.6%+7.1%
Profit before tax49.9129937731920511383.12
Net profit19.8815727523614680.8266.16
Net profit margin+0.6%+4.9%+7.9%+6.7%+6.2%+6.2%+6.0%
EPS (₹)1.3011.9115.4213.058.184.423.85
Balance sheet
Total assets1,4941,5971,4631,134955830752
Net worth1,3091,3821,2741,078916802719
Total debt17319516942.1421.090.000.00
Cash & bank20418121314515513249.31
Net working capital399511390239184176247
Cash flow
Cash from operations20042.9619916218822514.67
Cash from investing3.6375.38(5.66)(77.61)(137)(164)65.64
Cash from financing(187)(161)(124)(93.40)(44.35)(6.29)(98.03)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue849716845841842640860853
Revenue growth (YoY)+0.9%+11.8%-1.8%-1.4%+3.1%-8.4%--
Other income12.1719.9832.5311.895.448.5910.1113.77
EBITDA52.3730.0523.286.8655.8431.4375.3272.72
EBITDA margin+6.2%+4.2%+2.8%+0.8%+6.6%+4.9%+8.8%+8.5%
Depreciation25.0325.2527.0926.5626.7125.2122.4423.28
Interest3.403.735.195.034.975.204.744.38
Profit before tax36.1121.0523.53(12.84)29.609.6158.2558.83
Tax12.969.4411.92(0.45)10.334.2718.4417.72
Net profit23.1511.6111.61(12.39)19.275.3439.8141.11
EPS (₹)1.260.630.63(0.67)1.050.292.172.23
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,5862,7452,9903,1532,0531,089942
Revenue growth-5.8%-8.2%-5.2%+53.5%+88.6%+15.6%-
EBITDA15129832127917394.8765.00
EBITDA margin+5.8%+10.9%+10.7%+8.9%+8.5%+8.7%+6.9%
Profit before tax16235036530921496.6877.53
Net profit13922928023213670.9568.98
Net profit margin+5.4%+8.4%+9.4%+7.4%+6.7%+6.5%+7.3%
EPS (₹)6.5514.3915.2612.938.953.893.53
Balance sheet
Total assets1,4861,4751,3181,117939803734
Net worth1,4331,4141,2611,066906777704
Total debt43.4042.6040.3139.1617.240.000.00
Cash & bank12311213787.7010697.1823.10
Net working capital273423374168115108183
Cash flow
Cash from operations24772.7617813115321013.57
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)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue652539693697686510701739
Revenue growth (YoY)-5.0%+5.7%-1.2%-5.7%-2.5%-15.0%--
Other income22.2829.2238.5719.2010.8513.1916.6616.43
Total expenses599519658678626482624668
EBITDA52.5720.3734.3718.4660.1628.0377.1671.50
EBITDA margin+8.1%+3.8%+5.0%+2.6%+8.8%+5.5%+11.0%+9.7%
Depreciation11.4412.1014.0513.6113.6713.1212.0112.00
Interest0.720.791.861.421.431.461.030.76
Profit before tax62.6936.7057.0322.6355.9126.6480.7875.17
Tax17.2611.2514.796.0014.236.6721.8019.45

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 06 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue849716845841842640860853
Revenue growth (YoY)+0.9%+11.8%-1.8%-1.4%+3.1%-8.4%--
Other income12.1719.9832.5311.895.448.5910.1113.77
EBITDA52.3730.0523.286.8655.8431.4375.3272.72
EBITDA margin+6.2%+4.2%+2.8%+0.8%+6.6%+4.9%+8.8%+8.5%
Depreciation25.0325.2527.0926.5626.7125.2122.4423.28
Interest3.403.735.195.034.975.204.744.38
Profit before tax36.1121.0523.53(12.84)29.609.6158.2558.83
Tax12.969.4411.92(0.45)10.334.2718.4417.72
Net profit23.1511.6111.61(12.39)19.275.3439.8141.11
EPS (₹)1.260.630.63(0.67)1.050.292.172.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,1683,2283,4663,5282,3431,3051,102
Revenue growth-1.9%-6.9%-1.8%+50.6%+79.6%+18.4%-
Other income50.3588.9459.4645.8036.1925.7430.02
Total expenses3,0422,9143,0943,2202,1501,1921,024
Employee cost346349319258218172164
EBITDA12531437230819411278.05
EBITDA margin+4.0%+9.7%+10.7%+8.7%+8.3%+8.6%+7.1%
Depreciation10686.4444.0630.2522.5922.1221.85
Interest20.2718.459.794.632.512.863.10
Profit before tax49.9129937731920511383.12
Tax26.0779.6294.0778.9154.6332.0412.70
Net profit19.8815727523614680.8266.16
Net profit margin+0.6%+4.9%+7.9%+6.7%+6.2%+6.2%+6.0%
EPS (₹)1.3011.9115.4213.058.184.423.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital36.7636.7636.7636.7436.7336.6536.63
Reserves & surplus1,2721,3451,2381,041879765683
Shareholders' funds (net worth)1,3091,3821,2741,078916802719
Minority interest0.130.120.100.070.040.680.67
Secured loans0.000.000.000.000.000.000.00
Unsecured loans17319516942.1421.090.000.00
Total debt17319516942.1421.090.000.00
Total liabilities1,4941,5971,4631,134955830752
Assets
Gross block1,0551,022843657599574566
Net block560567474317286284294
Capital work in progress6.1917.7943.356.952.090.612.08
Investments418428497543463335164
Inventories266253221334345129111
Sundry debtors559556643795512453330
Cash & bank balances20418121314515513249.31
Loans & advances9321,081745450436226166
Total current assets1,9612,0721,8221,7241,448940656
Total current liabilities1,5621,5601,4321,4851,263764409
Net working capital399511390239184176247
Total assets1,4941,5971,4631,134955830752
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12616898.5810710145.8463.56
Net cash from operating activities20042.9619916218822514.67
Net cash from investing activities3.6375.38(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 cash16.45(42.50)69.83(8.87)6.3555.27(17.72)
Closing cash20418121314515513249.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.140.140.090.030.010.000.00
Long-term debt / equity0.100.110.070.020.010.000.00
Interest cover102.228.092.991.671.473.175.52
Efficiency & per share
Fixed asset turnover3.053.464.625.624.002.292.01
Inventory turnover12.2013.6212.5010.409.8910.879.28
Debtors turnover5.685.384.825.404.863.333.47
EPS (₹)1.3011.9115.4213.058.184.423.85
Dividend per share (₹)3.606.006.004.504.202.162.70
Book value per share (₹)71.2275.1769.3458.6849.8643.7639.27
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue652539693697686510701739
Revenue growth (YoY)-5.0%+5.7%-1.2%-5.7%-2.5%-15.0%--
Other income22.2829.2238.5719.2010.8513.1916.6616.43
Total expenses599519658678626482624668
EBITDA52.5720.3734.3718.4660.1628.0377.1671.50
EBITDA margin+8.1%+3.8%+5.0%+2.6%+8.8%+5.5%+11.0%+9.7%
Depreciation11.4412.1014.0513.6113.6713.1212.0112.00
Interest0.720.791.861.421.431.461.030.76
Profit before tax62.6936.7057.0322.6355.9126.6480.7875.17
Tax17.2611.2514.796.0014.236.6721.8019.45
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,5862,7452,9903,1532,0531,089942
Revenue growth-5.8%-8.2%-5.2%+53.5%+88.6%+15.6%-
Other income71.9910083.9261.3062.4423.2133.78
Total expenses2,4352,4462,6692,8741,880994877
Employee cost269289275225186143134
EBITDA15129832127917394.8765.00
EBITDA margin+5.8%+10.9%+10.7%+8.9%+8.5%+8.7%+6.9%
Depreciation54.4545.1936.0226.9219.8419.0718.80
Interest6.183.844.034.212.142.332.45
Profit before tax16235036530921496.6877.53
Tax41.6985.2684.3271.5649.5025.4312.83
Net profit13922928023213670.9568.98
Net profit margin+5.4%+8.4%+9.4%+7.4%+6.7%+6.5%+7.3%
EPS (₹)6.5514.3915.2612.938.953.893.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital36.7636.7636.7636.7436.7336.6536.63
Reserves & surplus1,3961,3771,2241,029870740668
Shareholders' funds (net worth)1,4331,4141,2611,066906777704
Secured loans0.000.000.000.000.000.000.00
Unsecured loans43.4042.6040.3139.1617.240.000.00
Total debt43.4042.6040.3139.1617.240.000.00
Total liabilities1,4861,4751,3181,117939803734
Assets
Gross block637635554516458437428
Net block303293240235202201211
Capital work in progress1.9913.8742.386.672.090.612.08
Investments567563637690613475312
Inventories22622117029830589.4572.86
Sundry debtors436430495680417373266
Cash & bank balances12311213787.7010697.1823.10
Loans & advances797966789423416214150
Total current assets1,5821,7291,5911,4881,244773512
Total current liabilities1,3091,3061,2181,3201,129665328
Net working capital273423374168115108183
Total assets1,4861,4751,3181,117939803734
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash65.1010759.0878.2172.1321.5833.62
Net cash from operating activities24772.7617813115321013.57
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 cash23.54(42.06)48.08(19.13)6.0850.55(12.04)
Closing cash12311213787.7010697.1823.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.030.030.030.030.020.000.00
Long-term debt / equity0.020.020.020.020.010.000.00
Interest cover6.411.521.411.671.393.075.30
Efficiency & per share
Fixed asset turnover4.064.625.596.474.592.522.28
Inventory turnover11.5814.0412.7810.4710.4213.4110.64
Debtors turnover5.975.945.095.755.203.413.82
EPS (₹)6.5514.3915.2612.938.953.893.53
Dividend per share (₹)3.606.006.004.504.202.162.70
Book value per share (₹)77.9576.9268.6158.0449.3542.4138.46

To see the full year-wise statements and ratios of Praj Industries Limited, buy the company report.

Board of directors of Praj Industries Limited

Praj Industries has 10 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pramod Madhukar Chaudhari
Also directs: Praj Hipurity Systems Limited, Praj Hipurity Systems Limited, Plutus Properties LLP and 3 more
Whole-Time Director08 Nov 198540 Years 11 MonthsCurrent
Shridhar Bhalchandra Shukla
Also directs: Praj Hipurity Systems Limited, Praj Hipurity Systems Limited, Kpoint Technologies Private Limited
Director12 Apr 20188 Years 6 MonthsCurrent
Berjis Minoo Desai
Also directs: Berjis Desai Capital Advisor LLP, Jupiter Metaverse LLP, Berjis Desai Iconic Brands LLP and 5 more
Director01 Jul 20251 Years 4 MonthsCurrent
Sachin Vinayak Raole
Also directs: Praj Hipurity Systems Limited, Praj Hipurity Systems Limited, Praj Genx Limited and 2 more
Whole-Time Director16 Jan 20179 Years 9 MonthsCurrent
Parth Pramod Chaudhari
Also directs: Plutus Properties LLP, P-Cube Enterprises Private Limited.
Director11 Aug 20251 Years 2 MonthsCurrent
Ashish Madhukar Gaikwad
Also directs: Praj Hipurity Systems Limited, Praj Hipurity Systems Limited, Praj Genx Limited and 1 more
Managing Director03 Feb 20251 Years 9 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Praj Industries Limited is audited by P.G.BHAGWAT LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
P.G.BHAGWAT LLPFY 2024101118W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 32.80%, foreign institutional investors hold 17.80%, domestic institutional investors hold 14.00% and retail and other public shareholders hold 35.40%.

Promoters: 32.80%DII (Domestic Institutional): 14.00%FII (Foreign Institutional): 17.80%Retail & Others: 35.40%
Sep 2026
QUARTER
32.80% Promoters
14.00% DII (Domestic Institutional)
17.80% FII (Foreign Institutional)
35.40% Retail & Others
Promoter holding - history
Now 32.80% · Sep 2026High 32.80% · Dec 2025Low 32.80% · Dec 2025
31%31.8%32.5%33.3%34%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 32.80%Mar 2026: 32.80%Jun 2026: 32.80%Sep 2026: 32.80%32.80%32.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters32.80%32.80%32.80%32.80%
Public67.20%67.20%67.20%67.20%

Charges & borrowings

Open charges
₹613.16 Cr
Satisfied charges
₹12.38 Cr
Breakdown by lending institutions
Others₹535.00 Cr
Bank of India₹77.26 Cr
The Vysya Bank Limited₹0.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Oct 200390086539Others₹535 CrOpen
15 Mar 199690084413Bank of India₹31.26 CrOpen
15 Sep 199590084326Bank of India₹46 CrOpen
29 Dec 199490084212The Vysya Bank Limited₹90 LakhOpen
31 May 2017100106253The Hongkong and Shanghai Banking Corporation Limited₹3 CrSatisfied

To see the full charge records of Praj Industries Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Praj Industries Limited has 61 deals on record (58 market trades, 2 acquisitions, 1 secondary share transfer); the latest was in April 2026.

Total deals
61
Market trades
58
Acquisitions
2
Secondary share transfer
1

Deals on record (5 of 61)

WhenDealAmountParties
Apr 2026Market trade₹39.26 CrBuyer: Jump Trading Financial India Private Limited
Seller: Jump Trading Financial India Private Limited
Feb 2026Market trade₹97.06 CrBuyer: Microcurves Trading Private Limited , Hrti Private Limited
Seller: Microcurves Trading Private Limited , Hrti Private Limited
Feb 2026Market trade₹157 CrBuyer: NK Securities Research Private Limited , Qe Securities LLP , Junomoneta Finsol Private Limited
Seller: NK Securities Research Private Limited , Qe Securities LLP , Junomoneta Finsol Private Limited
Dec 2025Market trade₹67.89 CrBuyer: Graviton Research Capital LLP , Qe Securities LLP
Seller: Graviton Research Capital LLP , Qe Securities LLP
Dec 2025Market trade₹35.05 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP

To see the full deal history of Praj Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Praj Industries Limited was last rated by Crisil on 05 Nov 2020.

Rating agencyRated onRating
Crisil05 Nov 2020

To see the full credit ratings and regulatory alerts of Praj Industries Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Praj Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Praj Industries has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

3
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Praj Genx LimitedU28299PN2023PLC218651
Praj Hipurity Systems LimitedU41000MH2007PLC175261
Praj Engineering & Infra LimitedU45204PN1993PLC073239

To see the full group structure of Praj Industries Limited, buy the company report.

Employees & EPFO

Praj Industries Limited has a workforce of 1,460 employees on its EPFO records as of Mar 20, 2025, across 1 active EPFO establishment.

Employee count
1,460
Active EPFO establishments
1
Employee growth
8.31%

GST

Praj Industries has 22 GST registrations: 14 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
22
Active
14
Cancelled / inactive
8
GSTINStateStatusRegistered on
24AAACP6090Q1ZYGujaratActive01 Jul 2017
27AAACP6090Q1ZSMaharashtraActive01 Jul 2017
24AAACP6090Q2ZXGujaratActive01 Aug 2017
09AAACP6090Q2ZPUttar PradeshActive12 Dec 2019

To see the full GST registrations and return filing status of Praj Industries Limited, buy the company report.

Recent activity

Praj Industries Limited has 42 board changes on record since 1985: 26 appointments and 16 cessations. The latest: Parimal Pramod Chaudhari ceased to be Director on 11 Aug 2025.

Filing
Praj Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Praj Industries Limited last Annual general meeting of members was held on 11 Aug 2025 as per latest MCA records.
Ceased
Parimal Pramod Chaudhari ceased to be Director.
Appointed
Parth Pramod Chaudhari was appointed as Director.
Appointed
Berjis Minoo Desai was appointed as Director.
Ceased
Shishir Joshipura ceased to be Managing Director.
Appointed
Ashish Madhukar Gaikwad was appointed as Managing Director.
Appointed
Ajay Narayan Deshpande was appointed as Director.
Ceased
Suhas Gangadhar Baxi ceased to be Director.
Ceased
Sivaramakrishnan Srinivasan Iyer ceased to be Director.
Appointed
Utkarsh Palnitkar was appointed as Director.
Appointed
Vinayak Kashinath Deshpande was appointed as Director.

47 earlier events are in the company report.

News

PRAJIND: Q2 REVENUE 8.49B RUPEES VS 8.42B (YOY)
29 Oct 2026 · Exchange Update
PRAJIND: Q2 CONS NET PROFIT 231M RUPEES VS 193M (YOY)
29 Oct 2026 · Exchange Update
PRAJIND: Q2 EBITDA 525M RUPEES VS 320M (YOY); Q2 EBITDA MARGIN 6.18% VS 3.81% (YOY)
29 Oct 2026 · Exchange Update

Frequently asked questions

Praj Industries is an active public limited company based in Pune, Maharashtra, India. The company works in water treatment, within the environment industry. It was incorporated on 08 November 1985 (41+ years old) and is registered under CIN L27101PN1985PLC038031. Listed on BSE: 522205 and NSE: PRAJIND.

Praj Industries reported revenue of ₹3,167.88 Cr for FY 2025-26 (down 1.9% YoY) based on consolidated financials.

Praj Industries has 10 current directors:

The latest financial statements of Praj Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Praj Industries is 24AAACP6090Q1ZY, registered in Gujarat. The company has 22 GST registrations in all, of which 14 are active and 8 are cancelled or inactive. Other active GSTINs include 27AAACP6090Q1ZS (Maharashtra), 24AAACP6090Q2ZX (Gujarat), 09AAACP6090Q2ZP (Uttar Pradesh).

The CIN (Corporate Identification Number) of Praj Industries is L27101PN1985PLC038031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Praj Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 522205) and NSE (symbol: PRAJIND).

Praj Industries has 157 court cases on record: 88 filed by the company and 71 filed against it. 24 are pending. Most are in the district courts.

Praj Industries was incorporated on 08 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.

Praj Industries has 61 deals on record (58 market trades, 2 acquisitions, 1 secondary share transfer); the latest was in April 2026.