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5222

Praj IndustriesBSE:522205 Stock Report

Market Cap

₹59.0b

7D

-4.6%

1Y

315.8%

Updated

21 Oct, 2021

Data

Company Financials +
522205 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends3/6

522205 Overview

Praj Industries Limited operates in the field of bio-based technologies and engineering worldwide.

Praj Industries Competitors

SRF

BSE:503806

₹672.4b

UPL

BSE:512070

₹548.5b

PI Industries

BSE:523642

₹475.6b

LANXESS

XTRA:LXS

€5.0b

Price History & Performance

Summary of all time highs, changes and price drops for Praj Industries
Historical stock prices
Current Share Price₹321.00
52 Week High₹72.10
52 Week Low₹407.00
Beta0.91
1 Month Change-3.53%
3 Month Change-11.36%
1 Year Change315.80%
3 Year Change207.47%
5 Year Change287.45%
Change since IPO47,280.07%

Recent News & Updates

Shareholder Returns

522205IN ConstructionIN Market
7D-4.6%0.07%-1.0%
1Y315.8%88.6%63.7%

Return vs Industry: 522205 exceeded the Indian Construction industry which returned 88.6% over the past year.

Return vs Market: 522205 exceeded the Indian Market which returned 63.7% over the past year.

Price Volatility

Is 522205's price volatile compared to industry and market?
522205 volatility
522205 Beta0.91
Industry Beta0.89
Market Beta1

Stable Share Price: 522205 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 522205's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985940Shishir Joshipurahttps://www.praj.net

Praj Industries Limited operates in the field of bio-based technologies and engineering worldwide. It offers solutions for the ethanol industry, including multi-feed multi-product plants, modernization of existing plants, and renewable fuels comprising BioCNG, bio-butanol etc.; produces bio ethanol, bio butanol, bio chemicals, power, bio CNG, CO2, etc.; and operates bio-mobility platform that promotes the use of renewable resources to produce carbon neutral transportation fuel. The company also provides high purity system solutions to the bio-pharmaceutical, biotech, cosmetics, healthcare, and F&B sector for sterile process water generation, water for injection, storage and distribution system, CIP/SIP, systems for core processes, wastewater treatment, etc. In addition, it offers customized plants, and equipment and technology solutions to customers in the brewing industry; pressure vessels, reactors, shell and tube heat exchangers, columns, and other proprietary equipment to various process industries, such as oil and gas, refining, petrochemicals, fertilizers, chemicals, food, pharma, and biotech, as well as undertakes end-to-end projects for process skids and packages.

Praj Industries Fundamentals Summary

How do Praj Industries's earnings and revenue compare to its market cap?
522205 fundamental statistics
Market Cap₹58.96b
Earnings (TTM)₹1.14b
Revenue (TTM)₹15.61b

51.8x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
522205 income statement (TTM)
Revenue₹15.61b
Cost of Revenue₹10.89b
Gross Profit₹4.72b
Expenses₹3.58b
Earnings₹1.14b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 27, 2021

Earnings per share (EPS)6.19
Gross Margin30.23%
Net Profit Margin7.29%
Debt/Equity Ratio2.2%

How did 522205 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

35%

Payout Ratio

Valuation

Is Praj Industries undervalued compared to its fair value and its price relative to the market?

51.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 522205 (₹321) is trading above our estimate of fair value (₹31.23)

Significantly Below Fair Value: 522205 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 522205 is poor value based on its PE Ratio (51.8x) compared to the Indian Construction industry average (19.4x).

PE vs Market: 522205 is poor value based on its PE Ratio (51.8x) compared to the Indian market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: 522205 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 522205 is overvalued based on its PB Ratio (7.4x) compared to the IN Construction industry average (1.1x).


Future Growth

How is Praj Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

41.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 522205's forecast earnings growth (41.4% per year) is above the savings rate (6.7%).

Earnings vs Market: 522205's earnings (41.4% per year) are forecast to grow faster than the Indian market (18.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 522205's revenue (28.8% per year) is forecast to grow faster than the Indian market (12.8% per year).

High Growth Revenue: 522205's revenue (28.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 522205's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Praj Industries performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 522205 has high quality earnings.

Growing Profit Margin: 522205's current net profit margins (7.3%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: 522205's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: 522205's earnings growth over the past year (122.4%) exceeds its 5-year average (11.6% per year).

Earnings vs Industry: 522205 earnings growth over the past year (122.4%) exceeded the Construction industry 11.2%.


Return on Equity

High ROE: 522205's Return on Equity (14.2%) is considered low.


Financial Health

How is Praj Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 522205's short term assets (₹12.4B) exceed its short term liabilities (₹7.6B).

Long Term Liabilities: 522205's short term assets (₹12.4B) exceed its long term liabilities (₹270.2M).


Debt to Equity History and Analysis

Debt Level: 522205's debt to equity ratio (2.2%) is considered satisfactory.

Reducing Debt: 522205's debt to equity ratio has reduced from 2.4% to 2.2% over the past 5 years.

Debt Coverage: 522205's debt is well covered by operating cash flow (1274.7%).

Interest Coverage: 522205 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Praj Industries's current dividend yield, its reliability and sustainability?

0.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 522205's dividend (0.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 522205's dividend (0.67%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).


Stability and Growth of Payments

Stable Dividend: 522205's dividend payments have been volatile in the past 10 years.

Growing Dividend: 522205's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.7%), 522205's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Shishir Joshipura (59 yo)

3.5yrs

Tenure

₹32,231,000

Compensation

Mr. Shishir Joshipura, B.E. (Mech)., is Chief Executive Officer, Managing Director and Additional Director at Praj Industries Limited since April 02, 2018. He was Managing Director of SKF India Ltd. from D...


CEO Compensation Analysis

Compensation vs Market: Shishir's total compensation ($USD430.63K) is about average for companies of similar size in the Indian market ($USD381.65K).

Compensation vs Earnings: Shishir's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 522205's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: 522205's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 522205 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Praj Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Praj Industries Limited
  • Ticker: 522205
  • Exchange: BSE
  • Founded: 1985
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹58.956b
  • Shares outstanding: 183.66m
  • Website: https://www.praj.net

Number of Employees


Location

  • Praj Industries Limited
  • Praj Tower
  • S.No.274 & 275/2, Bhumkar Chowk
  • Pune
  • Maharashtra
  • 411057
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:02
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.