Prajay Engineers Syndicate Ltd
Incorporated in 1994, Prajay Engineers Syndicate Ltd is in the business of Real Estate
Construction and Management and Hospitality Services.[1]
- Market Cap ₹ 196 Cr.
- Current Price ₹ 28.1
- High / Low ₹ 38.3 / 16.1
- Stock P/E
- Book Value ₹ 72.7
- Dividend Yield 0.00 %
- ROCE -2.78 %
- ROE -3.72 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.39 times its book value
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.84% over past five years.
- Promoter holding is low: 36.8%
- Company has a low return on equity of -3.59% over last 3 years.
- Company has high debtors of 612 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
82 | 56 | 73 | 52 | 37 | 47 | 49 | 39 | 93 | 30 | 25 | 38 | 43 | |
90 | 68 | 82 | 55 | 38 | 46 | 47 | 32 | 87 | 48 | 53 | 57 | 64 | |
Operating Profit | -8 | -12 | -9 | -2 | -2 | 1 | 2 | 7 | 6 | -18 | -28 | -18 | -21 |
OPM % | -10% | -22% | -13% | -4% | -4% | 2% | 4% | 17% | 7% | -61% | -113% | -47% | -49% |
5 | 1 | 8 | 4 | 6 | 5 | 3 | 1 | 2 | 19 | 3 | 4 | 7 | |
Interest | 1 | 6 | 14 | 16 | 19 | 15 | 5 | 6 | 5 | 4 | 2 | 0 | 0 |
Depreciation | 3 | 6 | 6 | 6 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Profit before tax | -8 | -24 | -22 | -19 | -19 | -14 | -4 | -2 | -1 | -7 | -31 | -18 | -18 |
Tax % | -75% | -0% | 11% | 11% | 4% | -7% | 24% | 34% | 100% | 4% | 2% | 7% | |
-2 | -24 | -25 | -21 | -19 | -13 | -5 | -3 | -1 | -8 | -32 | -19 | -19 | |
EPS in Rs | -0.29 | -3.37 | -3.53 | -3.04 | -2.79 | -1.85 | -0.66 | -0.41 | -0.17 | -1.08 | -4.51 | -2.76 | -2.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -5% |
3 Years: | -26% |
TTM: | 115% |
Compounded Profit Growth | |
---|---|
10 Years: | 1% |
5 Years: | % |
3 Years: | % |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 34% |
3 Years: | 25% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -2% |
3 Years: | -4% |
Last Year: | -4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 |
Reserves | 594 | 566 | 559 | 538 | 518 | 505 | 501 | 499 | 497 | 489 | 458 | 439 |
173 | 182 | 159 | 164 | 160 | 110 | 99 | 96 | 98 | 85 | 116 | 117 | |
313 | 335 | 354 | 374 | 422 | 469 | 434 | 430 | 365 | 175 | 133 | 101 | |
Total Liabilities | 1,149 | 1,153 | 1,143 | 1,145 | 1,170 | 1,154 | 1,105 | 1,095 | 1,030 | 820 | 777 | 727 |
43 | 145 | 138 | 134 | 129 | 125 | 122 | 124 | 122 | 118 | 115 | 141 | |
CWIP | 271 | 180 | 197 | 215 | 236 | 254 | 259 | 258 | 261 | 97 | 99 | 75 |
Investments | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 |
702 | 695 | 674 | 663 | 672 | 643 | 591 | 579 | 514 | 472 | 430 | 378 | |
Total Assets | 1,149 | 1,153 | 1,143 | 1,145 | 1,170 | 1,154 | 1,105 | 1,095 | 1,030 | 820 | 777 | 727 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | -10 | 51 | 56 | 32 | 34 | 14 | 7 | -3 | 3 | -29 | 3 | |
-17 | -19 | -17 | -19 | -21 | -18 | -6 | -5 | -5 | -0 | -3 | -6 | |
-16 | 27 | -34 | -34 | -11 | -16 | -9 | -2 | 8 | 0 | 29 | 0 | |
Net Cash Flow | -6 | -1 | 0 | 3 | 0 | 0 | -1 | -0 | -0 | 3 | -4 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1,117 | 1,543 | 1,080 | 1,397 | 1,980 | 1,441 | 1,278 | 1,656 | 658 | 1,596 | 1,435 | 612 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1,117 | 1,543 | 1,080 | 1,397 | 1,980 | 1,441 | 1,278 | 1,656 | 658 | 1,596 | 1,435 | 612 |
Working Capital Days | 1,180 | 1,330 | 821 | 710 | 704 | 268 | 273 | 266 | 119 | 2,369 | 2,431 | 1,239 |
ROCE % | -1% | -2% | -1% | -0% | -0% | 0% | 0% | 1% | 1% | -1% | -4% | -3% |
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Clarification Regarding 'Object Of The Issues' As Mentioned In The Annual General Meeting ('AGM') Notice Dated September 6, 2025 And Corrigendum Dated September 18, 2025 To The AGM Notice.
8 Oct - Clarifies temporary investment of Rs.8,23,46,206 preferential-issue funds; AGM notice corrigendum updated (Sept 6/18,2025).
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Closure of Trading Window
30 Sep - Trading window closed from 01-10-2025 until 48 hours after Q2/H1 unaudited results ended 30-09-2025.
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Announcement under Regulation 30 (LODR)-Change in Management
30 Sep - Vijaysen Reddy appointed Executive Chairman & MD (3-year from 02-09-2025); Rohit reappointed; Dharam Kora independent (5-year)
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 30 Sep
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Shareholder Meeting / Postal Ballot-Outcome of AGM
29 Sep - 31st AGM on 29 Sep 2025; FY2025 audited statements, director appointments, proposed preferential convertible warrants.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Business Overview:[1]
The company develops and sells residential, commercial, and retail properties, with certain operations carried out through subsidiaries, JVs, and associates. Funding needs of these entities are partly met from internal cash flows, while the company provides securities and corporate guarantees to secure their borrowings. In some cases, these entities also extend security over their assets to support the company’s borrowings. Additionally, the company undertakes ancillary transactions such as leasing, management and maintenance services, material sales/purchases, transfer of rights, and construction-related cost allocations.