NSE: PRAJIND | BSE: 522205

Expensive Underperformer

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476.45 -11.90 (-2.44%)

45.55% Fall from 52W High

734.6K NSE+BSE Volume

NSE 19 Jun, 2025 3:31 PM (IST)

8,757.8

Market Cap

High in industry

1.4

Beta 1Year

Very High Volatility

Praj Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PRAJIND, BSE:522205 Praj Industries Ltd.

Praj Industries Ltd.

20 Sep 2021, 12:00AM

476.45

-2.44%

Initiating Coverage:Praj Industries

Buy: Praj Industries Ltd.

Axis Direct

We initiate coverage on the stock with a BUY rating and value the company at 40x FY23E PE to arrive at a target price of Rs 422/share, implying an upside of 22% from the CMP.

Praj Industries Ltd. is trading below all available SMAs

Praj Industries Ltd.

25 Jul 2016

476.45

-2.44%

Praj Q1FY17 25July2016

Buy: Praj Industries Ltd.

Phillip Capital

Margin fall was mainly on change in revenue mix towards the domestic business. Key highlights: Revenue remained flat, 10% lower than estimates as export declined by 41% yoy to Rs 433mn. Ethanol revenue grew marginally by 2.5%yoy to 1.2bn while emerging business reported growth of 16.5%yoy to Rs 531mn. Lower execution in brewery by 36%yoy to Rs 216mn.Order inflow up 73% yoy to Rs 2.8bn (ethanol 51%, brewery 18%, and emerging 31%), order book up 7.3% qoq to Rs 10.3bn.Praj usually has a seasonally weak 1H and report 80-85% profits in 2H;therefore, strong order inflow in 1Q is positive. Orders in emerging business accounted for 31% of total; we expect traction in these. Adjusted profit...

Praj Industries Ltd. has lost -40.71% in the last 6 Months

Praj Industries Ltd.

20 Jun 2016, 12:00AM

476.45

-2.44%

Praj Industries

Buy: Praj Industries Ltd.

Dynamic Levels

Praj is a global process solutions company driven by innovation and integration capabilities, offers solutions to add significant value to bioethanol facilities, brewery plants, water & wastewater treatment systems, critical process equipment & systems, HiPurity solutions and bio-products. Over the past 3 decades, Praj has focused on environment, energy and agri process led applications. Praj has been a trusted partner for process engineering, plant & critical equipment and systems with over 600 references across five continents. Solutions...

Praj Industries Ltd. has lost -30.94% in the last 1 Year

Praj Industries Ltd.

24 May 2016

476.45

-2.44%

Praj Q4FY16 Update 24May2016

Buy: Praj Industries Ltd.

Target

Phillip Capital

Lower traction in emerging business. Increase in working capital mainly receivables. Decline in order inflow in ethanol business. Expect recovery in coming quarter. Focus on execution and greater operational efficiency led to margin improvement....

Praj Industries Ltd. has an average target of 522.50 from 2 brokers.

Praj Industries Ltd.

01 Feb 2016

476.45

-2.44%

PrajInd 1Feb2016

Buy: Praj Industries Ltd.

Target

Phillip Capital

Strong execution pick up, both in export and domestic. Emerging businesses grew by 28% accounting for 29% of revenue. Order inflow and order backlog remained healthy; export orders for emerging...

Praj Industries Ltd. has lost -40.71% in the last 6 Months

Praj Industries Ltd.

30 Oct 2015

476.45

-2.44%

PrajInd 30Oct2015

Buy: Praj Industries Ltd.

Target

Phillip Capital

Margin decline at consolidated level with negative operating leverage. Acquired remaining 20% stake in Hi-Purity, now owns 100%. Key highlights: Export fell 29% and emerging business revenues by 28% yoy. Brewery...

Praj Industries Ltd. has lost -40.71% in the last 6 Months

Praj Industries Ltd.

11 Aug 2015

476.45

-2.44%

Praj 11Aug2015

Buy: Praj Industries Ltd.

Phillip Capital

Praj 1QFY16 result was lower than estimates because of lower execution in emerging businesses. However, gross margin improved by 1,280 bps to 42% while EBITDA margins increased by 180bps with an improvement in operational performance and favorable...

Praj Industries Ltd. has lost -40.71% in the last 6 Months

Praj Industries Ltd.

02 Jul 2015

476.45

-2.44%

Praj 2July2015

Buy: Praj Industries Ltd.

Phillip Capital

and detailed interaction with the management has further strengthened our conviction. R&D; work on secondgeneration ethanol and bioproduct development is at a critical stageandwillcreatenewopportunitiesoverthemediumterm.Thefocusonnonethanol...