Praj Industries

Global Mandates And NetZero Trends Will Drive Advanced Biofuels

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

02 Feb 25

Updated

08 Dec 25

Views

141

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-58.0%

7D

11.0%

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1Y

-58.0%

7D

11.0%

You can edit this narrative until Dec 9 1:05 PM. Then, changes will post as Updates.

Author's Valuation

₹399.4313.6% undervalued

AnalystConsensusTarget Fair Value

Shared on 08 Dec 25

PRAJIND: Expanding Central Asia Ethanol Projects Will Drive Long-Term Cash Flows

Analysts have slightly increased their price target on Praj Industries to ₹399.43, reflecting modestly stronger long term growth and valuation assumptions despite a marginally higher discount rate and slightly lower projected profit margins. What's in the News Praj Industries signed an MoU with Allied Biofuels FE LLC to develop Central Asia's largest ethanol production facility in Uzbekistan, forming the region's first integrated refinery for SAF, e SAF, and green diesel and supporting Uzbekistan's net zero strategy (client announcement).

Shared on 24 Nov 25

Fair value Decreased 5.25%

PRAJIND: Expanding US And Central Asia Projects Will Drive Future Cash Flows

Narrative Update on Praj Industries: Analyst Price Target Revised Analysts have lowered their fair value estimate for Praj Industries from ₹421.57 to ₹399.43. This revision reflects adjustments in profit margin expectations and valuation metrics, even though stronger revenue growth is projected.

Shared on 07 Nov 25

Fair value Decreased 9.98%

PRAJIND: Future Cash Flow Gains Will Follow Major US Energy Project

Narrative Update on Praj Industries Analysts have lowered their price target for Praj Industries from ₹468.33 to ₹421.57, citing tempered revenue growth expectations and a slightly higher discount rate. Improved profit margins have partly offset these changes.

Shared on 16 Aug 25

Fair value Decreased 5.55%

Despite higher revenue growth forecasts, a sharp decline in net profit margin has led to a downward revision in Praj Industries' consensus analyst price target from ₹495.83 to ₹468.33. What's in the News Praj Industries was appointed by Enersur S.A. to support a fully integrated biorefinery project in Paraguay, including design, supply, and commissioning of a 600 m³/day corn-based anhydrous ethanol plant, with operations expected by October 2026.

Shared on 01 May 25

Fair value Decreased 33%

Shared on 23 Apr 25

Fair value Increased 1.36%

AnalystConsensusTarget has decreased shares outstanding growth rate from 0.0% to -0.0%.

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 4.26%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 30%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

₹399.43

13.6% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

16.65%

Construction revenue growth rate

0.23%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

15.23%

Calculation

₹3.19b

Earnings '28

x

34.65x

PE Ratio '28

=

₹110.66b

Market Cap '28

₹110.66b

Market Cap '28

/

181.77m

No. shares '28

=

₹608.80

Share Price '28

₹608.80 Share Price '28

Discounted to 2025 @ 15.25% p.a.

=

₹397.75

Fair Value '25