Praj Industries Ltd
Praj Industries Ltd, incorporated in 1985 and headquartered in Pune has a presence across the globe with more than 750 references in more than 75 countries. [1] It began as a supplier of an ethanol plant, today it is a global company providing various solutions with a focus on the environment, energy, and agri-process industry. [2]
- Market Cap ₹ 10,481 Cr.
- Current Price ₹ 570
- High / Low ₹ 610 / 299
- Stock P/E 42.6
- Book Value ₹ 58.0
- Dividend Yield 0.79 %
- ROCE 30.4 %
- ROE 23.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 54.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 45.8%
Cons
- Stock is trading at 9.83 times its book value
* 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
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
880 | 726 | 783 | 801 | 824 | 729 | 697 | 923 | 942 | 1,089 | 2,062 | 3,153 | 3,129 | |
818 | 661 | 712 | 739 | 741 | 662 | 661 | 850 | 867 | 994 | 1,889 | 2,874 | 2,832 | |
Operating Profit | 62 | 65 | 70 | 63 | 83 | 68 | 36 | 73 | 75 | 95 | 173 | 279 | 297 |
OPM % | 7% | 9% | 9% | 8% | 10% | 9% | 5% | 8% | 8% | 9% | 8% | 9% | 10% |
64 | 29 | 22 | 32 | 17 | 19 | 26 | 28 | 24 | 23 | 62 | 61 | 57 | |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 4 | 5 |
Depreciation | 14 | 13 | 14 | 26 | 22 | 19 | 21 | 20 | 19 | 19 | 20 | 27 | 29 |
Profit before tax | 112 | 81 | 78 | 68 | 77 | 67 | 40 | 81 | 78 | 97 | 214 | 309 | 321 |
Tax % | 41% | 18% | 20% | -1% | 16% | 31% | 21% | 23% | 17% | 26% | 23% | 23% | |
66 | 66 | 62 | 69 | 65 | 47 | 31 | 62 | 65 | 71 | 164 | 238 | 246 | |
EPS in Rs | 3.62 | 3.73 | 3.52 | 3.86 | 3.68 | 2.61 | 1.74 | 3.42 | 3.53 | 3.89 | 8.95 | 12.93 | 13.40 |
Dividend Payout % | 44% | 43% | 63% | 42% | 44% | 62% | 93% | 62% | 76% | 56% | 47% | 35% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 35% |
3 Years: | 50% |
TTM: | 31% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 55% |
3 Years: | 50% |
TTM: | 55% |
Stock Price CAGR | |
---|---|
10 Years: | 32% |
5 Years: | 42% |
3 Years: | 104% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 15% |
3 Years: | 18% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
36 | 35 | 35 | 35 | 36 | 36 | 36 | 37 | 37 | 37 | 37 | 37 | |
Reserves | 515 | 533 | 549 | 580 | 622 | 679 | 687 | 700 | 668 | 740 | 870 | 1,029 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 17 | 39 | |
526 | 471 | 558 | 416 | 411 | 380 | 327 | 430 | 358 | 676 | 1,151 | 1,332 | |
Total Liabilities | 1,076 | 1,039 | 1,143 | 1,031 | 1,069 | 1,095 | 1,050 | 1,167 | 1,063 | 1,468 | 2,075 | 2,437 |
165 | 173 | 239 | 215 | 188 | 188 | 216 | 209 | 211 | 201 | 202 | 235 | |
CWIP | 10 | 48 | 2 | 1 | 1 | 31 | 4 | 2 | 2 | 1 | 2 | 7 |
Investments | 225 | 249 | 205 | 289 | 312 | 301 | 366 | 375 | 312 | 475 | 613 | 690 |
677 | 570 | 697 | 526 | 567 | 575 | 464 | 580 | 538 | 792 | 1,258 | 1,506 | |
Total Assets | 1,076 | 1,039 | 1,143 | 1,031 | 1,069 | 1,095 | 1,050 | 1,167 | 1,063 | 1,468 | 2,075 | 2,437 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 20 | 27 | 141 | 54 | 18 | 102 | 4 | 14 | 210 | 153 | 131 | |
37 | 22 | 17 | -70 | -7 | -13 | -64 | -1 | 71 | -155 | -104 | -59 | |
-68 | -49 | -46 | -34 | -65 | 8 | -27 | -37 | -96 | -5 | -43 | -91 | |
Net Cash Flow | -18 | -7 | -2 | 38 | -18 | 13 | 11 | -34 | -12 | 51 | 6 | -19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 107 | 110 | 117 | 92 | 129 | 109 | 97 | 90 | 103 | 125 | 74 | 79 |
Inventory Days | 96 | 97 | 162 | 171 | 67 | 60 | 47 | 76 | 55 | 52 | 83 | 53 |
Days Payable | 93 | 108 | 143 | 126 | 155 | 152 | 134 | 137 | 113 | 169 | 101 | 79 |
Cash Conversion Cycle | 109 | 99 | 136 | 137 | 40 | 18 | 10 | 29 | 45 | 8 | 56 | 53 |
Working Capital Days | 17 | 36 | 50 | 17 | 40 | 63 | 39 | 30 | 62 | 5 | 2 | 9 |
ROCE % | 16% | 13% | 12% | 9% | 12% | 10% | 5% | 10% | 12% | 13% | 25% | 30% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Sep - About visit of Delegation led by Prabhudas Lilladhar.
- Intimation About Call With Franklin Templeton India AMC Ltd. 30 Aug
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Announcement under Regulation 30 (LODR)-Change in Directorate
21 Aug - Appointment of Ms. Rujuta Jagtap as an Additional Director & Independent Director of the Company.
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Announcement under Regulation 30 (LODR)-Cessation
10 Aug - About completion of tenure of Ms. Mrunalini Joshi as an Independent Director.
Annual reports
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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
from nse
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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Aug 2023TranscriptNotesPPT
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Jul 2023TranscriptNotesPPT REC
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Oct 2022TranscriptPPT
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Aug 2022TranscriptNotesPPT
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Jun 2022TranscriptNotesPPT
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Mar 2022TranscriptNotesPPT
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Jan 2022TranscriptNotesPPT
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Mar 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Aug 2020TranscriptPPT
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May 2020TranscriptPPT
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Feb 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Jul 2019TranscriptPPT
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May 2019TranscriptPPT
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Jan 2019Transcript PPT
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Dec 2018TranscriptPPT
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Oct 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017Transcript PPT
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Aug 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
Products portfolio
Its product portfolio is diversified into BioEnergy, Praj HiPurity Systems, Critical Process Equipment & Skids, Wastewater Treatment, and Brewery & Beverages. [1]