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 ₹ 187 Cr.
- Current Price ₹ 26.7
- High / Low ₹ 42.2 / 16.1
- Stock P/E
- Book Value ₹ 69.6
- Dividend Yield 0.00 %
- ROCE -4.18 %
- ROE -5.52 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.38 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 2.80% over past five years.
- Promoter holding is low: 36.8%
- Company has a low return on equity of -4.74% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 416 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
67 | 109 | 93 | 69 | 41 | 49 | 50 | 38 | 93 | 30 | 57 | 57 | 67 | |
84 | 122 | 106 | 74 | 45 | 49 | 49 | 34 | 88 | 50 | 94 | 86 | 97 | |
Operating Profit | -17 | -13 | -14 | -5 | -4 | -1 | 1 | 5 | 5 | -20 | -37 | -29 | -29 |
OPM % | -26% | -12% | -15% | -8% | -10% | -1% | 3% | 12% | 6% | -67% | -64% | -50% | -44% |
5 | 1 | 8 | 5 | 6 | 5 | 3 | 1 | 2 | 19 | 3 | 4 | 7 | |
Interest | 1 | 6 | 14 | 16 | 19 | 15 | 5 | 6 | 5 | 4 | 2 | 0 | 0 |
Depreciation | 4 | 6 | 6 | 6 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Profit before tax | -18 | -25 | -27 | -22 | -21 | -15 | -4 | -4 | -2 | -9 | -39 | -29 | -26 |
Tax % | -33% | -1% | 9% | 9% | 4% | -6% | 20% | 22% | 32% | 3% | 2% | 4% | |
-12 | -24 | -29 | -24 | -22 | -15 | -5 | -5 | -2 | -9 | -40 | -30 | -28 | |
EPS in Rs | -1.74 | -3.53 | -4.08 | -3.33 | -3.17 | -2.05 | -0.75 | -0.71 | -0.35 | -1.31 | -5.57 | -3.96 | -3.72 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | 3% |
3 Years: | -15% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | % |
3 Years: | % |
TTM: | 37% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 35% |
3 Years: | 22% |
1 Year: | -34% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -3% |
3 Years: | -5% |
Last Year: | -6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 585 | 556 | 574 | 550 | 528 | 509 | 505 | 500 | 497 | 486 | 447 | 417 |
298 | 296 | 269 | 274 | 260 | 207 | 195 | 193 | 187 | 173 | 182 | 173 | |
374 | 371 | 377 | 388 | 446 | 497 | 458 | 456 | 399 | 214 | 201 | 179 | |
Total Liabilities | 1,327 | 1,293 | 1,290 | 1,282 | 1,304 | 1,283 | 1,228 | 1,218 | 1,153 | 943 | 900 | 839 |
55 | 156 | 149 | 144 | 139 | 135 | 132 | 134 | 132 | 128 | 126 | 151 | |
CWIP | 271 | 180 | 197 | 215 | 236 | 266 | 271 | 271 | 275 | 111 | 114 | 90 |
Investments | 57 | 57 | 57 | 57 | 57 | 57 | 57 | 57 | 57 | 57 | 57 | 57 |
945 | 899 | 887 | 865 | 872 | 825 | 767 | 756 | 689 | 647 | 604 | 541 | |
Total Assets | 1,327 | 1,293 | 1,290 | 1,282 | 1,304 | 1,283 | 1,228 | 1,218 | 1,153 | 943 | 900 | 839 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
18 | 2 | 52 | 56 | 33 | 49 | 15 | 7 | 5 | 7 | 24 | 19 | |
-17 | -21 | -17 | -20 | -20 | -30 | -6 | -6 | -5 | -1 | -3 | -6 | |
-5 | 15 | -35 | -34 | -12 | -19 | -10 | -1 | 1 | -2 | 7 | -9 | |
Net Cash Flow | -5 | -5 | 1 | 2 | 0 | -0 | -2 | -0 | -0 | 5 | 28 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 1,326 | 795 | 873 | 1,109 | 1,838 | 1,436 | 1,281 | 1,693 | 664 | 1,613 | 631 | 416 |
Inventory Days | 3,431 | 2,354 | ||||||||||
Days Payable | 1,517 | 694 | ||||||||||
Cash Conversion Cycle | 3,240 | 795 | 873 | 1,109 | 1,838 | 1,436 | 1,281 | 1,693 | 664 | 1,613 | 631 | 2,076 |
Working Capital Days | 2,472 | 1,319 | 1,450 | 1,614 | 2,389 | 1,717 | 1,686 | 2,091 | 864 | 4,657 | 1,983 | 1,634 |
ROCE % | -2% | -2% | -1% | -1% | -1% | 0% | 0% | 0% | 0% | -1% | -5% | -4% |
Documents
Announcements
- Reg. 34 (1) Annual Report. 1d
-
Submission Of Notice Of 31St (Thirty First) Annual General Meeting Of The Members Of The Company For The Financial Year 2024-25 - Regulation 30 Of The SEBI (LODR) Regulations, 2015
1d - AGM 29 Sep 2025: approve 72,69,566 warrants @Rs23 (Rs16.72Cr), MD reappointment.
-
Revised Outcome Of Board Meeting Of Prajay Engineers Syndicate Ltd Held On September 02 2025 Attached Herewith
3 Sep - Board approved preferential issue of 72,69,566 convertible warrants at Rs23 each; AGM Sept 29, 2025 for approvals.
-
Revised Outcome Regulation 30 SEBI (LODR) Regulations 2015
2 Sep - Board approved 7,269,566 warrants at Rs23; AGM on 29 Sep 2025 for shareholder approval.
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Board Meeting Outcome for Regulation 30 SEBI (LODR) Regulations - Outcome Of The Meeting Of Board Of Prajay Engineers Syndicate Limited (The Company) Held On Tuesday, 02-09-2025
2 Sep - Board approved preferential issue of 72,69,566 warrants at Rs.23; AGM on 29 Sep 2025.
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
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.