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 ₹ 149 Cr.
- Current Price ₹ 21.2
- High / Low ₹ 33.9 / 16.1
- Stock P/E
- Book Value ₹ 72.2
- Dividend Yield 0.00 %
- ROCE -2.78 %
- ROE -3.72 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.29 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.
- Contingent liabilities of Rs.53.3 Cr.
- 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 | 28 | |
| 90 | 68 | 82 | 55 | 38 | 46 | 47 | 32 | 87 | 48 | 53 | 57 | 53 | |
| Operating Profit | -8 | -12 | -9 | -2 | -2 | 1 | 2 | 7 | 6 | -18 | -28 | -18 | -26 |
| OPM % | -10% | -22% | -13% | -4% | -4% | 2% | 4% | 17% | 7% | -61% | -113% | -47% | -93% |
| 5 | 1 | 8 | 4 | 6 | 5 | 3 | 1 | 2 | 19 | 3 | 4 | 8 | |
| Interest | 1 | 6 | 14 | 16 | 19 | 15 | 5 | 6 | 5 | 4 | 2 | 0 | 1 |
| Depreciation | 3 | 6 | 6 | 6 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
| Profit before tax | -8 | -24 | -22 | -19 | -19 | -14 | -4 | -2 | -1 | -7 | -31 | -18 | -21 |
| 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 | -23 | |
| 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 | -3.24 |
| 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: | -17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 21% |
| 3 Years: | 23% |
| 1 Year: | -1% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 70 | 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 | 435 |
| 173 | 182 | 159 | 164 | 160 | 110 | 99 | 96 | 98 | 85 | 116 | 117 | 110 | |
| 313 | 335 | 354 | 374 | 422 | 469 | 434 | 430 | 365 | 175 | 133 | 101 | 92 | |
| Total Liabilities | 1,149 | 1,153 | 1,143 | 1,145 | 1,170 | 1,154 | 1,105 | 1,095 | 1,030 | 820 | 777 | 727 | 706 |
| 43 | 145 | 138 | 134 | 129 | 125 | 122 | 124 | 122 | 118 | 115 | 141 | 142 | |
| CWIP | 271 | 180 | 197 | 215 | 236 | 254 | 259 | 258 | 261 | 97 | 99 | 75 | 80 |
| Investments | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 133 | 141 |
| 702 | 695 | 674 | 663 | 672 | 643 | 591 | 579 | 514 | 472 | 430 | 378 | 343 | |
| Total Assets | 1,149 | 1,153 | 1,143 | 1,145 | 1,170 | 1,154 | 1,105 | 1,095 | 1,030 | 820 | 777 | 727 | 706 |
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 |
| Free Cash Flow | -13 | -31 | 34 | 36 | 11 | 16 | 8 | 1 | -8 | 3 | -32 | -2 |
| CFO/OP | -365% | 71% | -574% | -2,511% | -2,009% | 3,777% | 420% | 95% | -49% | -17% | 104% | -19% |
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% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtors (Trade Receivables) Turnover Ratio Times |
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| Debt Service Coverage Ratio Times |
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| Net Capital Turnover Ratio Times |
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| Residential Units (Megapolis Phase I) Flats |
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| Hotel Room Inventory (Proposed/Completed) Rooms |
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| Residential Units (Virgin County Phase II) Flats |
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Documents
Announcements
- Closure of Trading Window 31 Mar
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Compliance under REgulation 47 of the SEBI(LODR) Regulations, 2015 - Unaudited Financials Results (Standalone & Consolidated) for the Third Quarter Ended 31-12-2025, of the company …
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Submission Of Unaudited Financial Results (Both Standalone And Consolidated) For The Third Quarter Ended 31-12-2025.
Ref: Reg. 33 Of SEBI (LODR) Regulations, 2015-
12 Feb - Board approved unaudited standalone and consolidated Q3 results for quarter ended 31-12-2025 on 12-02-2026.
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Board Meeting Outcome for Regulation 30 SEBI (LODR) Regulations - Outcome Of Board Meeting Held On
12-02-2026.
12 Feb - Board approved unaudited standalone and consolidated results for quarter and nine months ended 31-Dec-2025 on 12-Feb-2026.
-
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results (Both Standalone And Consolidated) For The Third Quarter Ended 31-12-2025
6 Feb - Board meeting on 12-Feb-2026 to approve unaudited standalone and consolidated results for quarter ended 31-12-2025.
Annual reports
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Financial Year 2025
from bse
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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
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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.