Praj Industries Ltd
Praj Industries is engaged in the business of process and project engineering. The company caters to both domestic and international markets. Further, the company also provides design and engineering services.(Source : 202003 Annual Report Page No:85)
- Market Cap ₹ 3,222 Cr.
- Current Price ₹ 176
- High / Low ₹ 184 / 43.0
- Stock P/E 59.8
- Book Value ₹ 39.3
- Dividend Yield 1.54 %
- ROCE 11.2 %
- ROE 9.04 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 67.07%
Cons
- Stock is trading at 4.47 times its book value
- The company has delivered a poor sales growth of 1.72% over past five years.
- Promoter holding is low: 32.92%
- Company has a low return on equity of 7.35% for last 3 years.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
275 | 192 | 251 | 330 | 368 | 212 | 294 | 300 | 296 | 130 | 260 | 348 | |
243 | 184 | 237 | 302 | 329 | 203 | 277 | 275 | 264 | 143 | 243 | 308 | |
Operating Profit | 31 | 7 | 14 | 28 | 39 | 8 | 17 | 25 | 32 | -13 | 18 | 40 |
OPM % | 11% | 4% | 6% | 8% | 11% | 4% | 6% | 8% | 11% | -10% | 7% | 11% |
Other Income | 10 | 3 | 5 | 7 | 7 | 8 | 7 | 6 | 5 | 5 | 4 | 5 |
Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation | 6 | 6 | 6 | 6 | 5 | 6 | 6 | 6 | 5 | 6 | 6 | 6 |
Profit before tax | 35 | 4 | 13 | 29 | 41 | 10 | 17 | 24 | 32 | -15 | 16 | 39 |
Tax % | 23% | 22% | 30% | 24% | 19% | 12% | 6% | 15% | 22% | 28% | 27% | 27% |
Net Profit | 27 | 3 | 9 | 22 | 33 | 9 | 16 | 21 | 25 | -10 | 11 | 28 |
EPS in Rs | 1.48 | 0.19 | 0.49 | 1.23 | 1.83 | 0.48 | 0.88 | 1.13 | 1.36 | -0.57 | 0.62 | 1.54 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
954 | 734 | 665 | 1,003 | 919 | 986 | 1,012 | 1,024 | 915 | 917 | 1,141 | 1,102 | 1,034 | |
819 | 641 | 613 | 911 | 834 | 907 | 919 | 910 | 846 | 865 | 1,062 | 1,024 | 957 | |
Operating Profit | 135 | 94 | 52 | 92 | 85 | 79 | 93 | 114 | 69 | 52 | 79 | 78 | 76 |
OPM % | 14% | 13% | 8% | 9% | 9% | 8% | 9% | 11% | 8% | 6% | 7% | 7% | 7% |
Other Income | 20 | 46 | 25 | 45 | 31 | 23 | 34 | 18 | 22 | 27 | 32 | 30 | 20 |
Interest | 1 | 0 | 0 | 1 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 |
Depreciation | 9 | 11 | 11 | 16 | 22 | 24 | 38 | 25 | 22 | 24 | 23 | 22 | 22 |
Profit before tax | 145 | 128 | 66 | 119 | 92 | 77 | 86 | 105 | 68 | 53 | 88 | 83 | 72 |
Tax % | 19% | 6% | 13% | 41% | 23% | 27% | 9% | 22% | 34% | 26% | 22% | 15% | |
Net Profit | 121 | 120 | 58 | 68 | 68 | 55 | 76 | 82 | 45 | 39 | 68 | 70 | 54 |
EPS in Rs | 6.61 | 6.47 | 3.13 | 3.73 | 3.83 | 3.08 | 4.30 | 4.63 | 2.49 | 2.18 | 3.73 | 3.85 | 2.95 |
Dividend Payout % | 27% | 22% | 40% | 43% | 42% | 72% | 38% | 35% | 65% | 74% | 57% | 70% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 2% |
3 Years: | 6% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | -5% |
5 Years: | 0% |
3 Years: | 15% |
TTM: | -32% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 16% |
3 Years: | 28% |
1 Year: | 95% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 7% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
37 | 37 | 37 | 36 | 35 | 35 | 35 | 36 | 36 | 36 | 37 | 37 | 37 | |
Reserves | 398 | 491 | 522 | 517 | 535 | 547 | 587 | 620 | 674 | 690 | 708 | 683 | 684 |
Borrowings | 18 | 0 | 0 | 24 | 16 | 21 | 17 | 16 | 4 | 6 | 0 | 0 | 0 |
487 | 356 | 468 | 670 | 659 | 670 | 504 | 485 | 473 | 401 | 502 | 442 | 514 | |
Total Liabilities | 940 | 884 | 1,027 | 1,247 | 1,246 | 1,274 | 1,144 | 1,157 | 1,187 | 1,133 | 1,247 | 1,162 | 1,235 |
140 | 138 | 142 | 241 | 247 | 323 | 302 | 272 | 270 | 297 | 290 | 294 | 287 | |
CWIP | 14 | 7 | 14 | 10 | 48 | 2 | 1 | 1 | 31 | 4 | 2 | 2 | 3 |
Investments | 195 | 266 | 259 | 155 | 163 | 91 | 158 | 145 | 134 | 201 | 211 | 164 | 228 |
592 | 473 | 612 | 841 | 788 | 859 | 682 | 738 | 752 | 631 | 744 | 702 | 717 | |
Total Assets | 940 | 884 | 1,027 | 1,247 | 1,246 | 1,274 | 1,144 | 1,157 | 1,187 | 1,133 | 1,247 | 1,162 | 1,235 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
91 | 131 | 113 | 26 | 28 | -3 | 150 | 51 | 20 | 101 | 33 | 15 | |
-60 | -88 | -74 | 36 | 26 | 19 | -77 | 2 | -8 | -69 | -3 | 66 | |
-21 | -44 | 0 | -69 | -58 | -40 | -40 | -68 | -4 | -25 | -43 | -98 | |
Net Cash Flow | 10 | -1 | 40 | -7 | -4 | -24 | 33 | -15 | 9 | 8 | -14 | -18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 38% | 25% | 12% | 18% | 15% | 12% | 12% | 16% | 10% | 6% | 11% | 11% |
Debtor Days | 71 | 59 | 123 | 120 | 125 | 119 | 101 | 131 | 118 | 105 | 98 | 109 |
Inventory Turnover | 3.10 | 2.80 | 4.74 | 4.53 | 2.98 | 2.67 | 2.29 | 2.89 | 4.60 | 5.13 | 5.94 | 4.70 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 1d
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 4 Feb
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 4 Feb
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 4 Feb
- Un-Audited Financial Results (Standalone And Consolidated) For The Quarter Ended 31St December, 2020. 4 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2013 from nse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse