Praj Industries Limited (PRAJIND) — Financial Results

· NSE 🔴 High Importance Neutral

Praj Industries reported consolidated revenue of INR 25,859 million for FY26, down 5.8% YoY, with net profit falling 54.4% to INR 1,205 million and PAT margin declining 497 basis points. Operating EBITDA dropped 41.5% YoY to INR 1,746 million, while EBITDA margin fell 412 basis points. The company highlighted overcapacity in 1G ethanol markets and policy tailwinds in Brazil and the US, but noted funding challenges for international projects. Order backlog stood at INR 43,050 million, with 86% from bioenergy. Diluted EPS fell 54.5% to INR 6.55. The results reflect significant profitability compression despite stable revenue mix.

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About Praj Industries Limited (PRAJIND)

Capital Goods · Industrial Manufacturing · Listed on NSE

Market Cap: ₹6,810.27 Cr P/E: 25.1

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