Praj Industries Limited

NSEI:PRAJIND Stock Report

Market Cap: ₹61.5b

Praj Industries Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ashish Gaikwad

Chief executive officer

₹17.3m

Total compensation

CEO salary percentage100.00%
CEO tenureless than a year
CEO ownershipn/a
Management average tenure1.8yrs
Board average tenure1.7yrs

Recent management updates

Recent updates

Beyond Lackluster Earnings: Potential Concerns For Praj Industries' (NSE:PRAJIND) Shareholders

Nov 13
Beyond Lackluster Earnings: Potential Concerns For Praj Industries' (NSE:PRAJIND) Shareholders

Earnings Miss: Praj Industries Limited Missed EPS By 30% And Analysts Are Revising Their Forecasts

Nov 09
Earnings Miss: Praj Industries Limited Missed EPS By 30% And Analysts Are Revising Their Forecasts

Investors Will Want Praj Industries' (NSE:PRAJIND) Growth In ROCE To Persist

Sep 28
Investors Will Want Praj Industries' (NSE:PRAJIND) Growth In ROCE To Persist

Downgrade: Here's How Analysts See Praj Industries Limited (NSE:PRAJIND) Performing In The Near Term

Aug 18
Downgrade: Here's How Analysts See Praj Industries Limited (NSE:PRAJIND) Performing In The Near Term

Praj Industries Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Aug 14
Praj Industries Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Weak Statutory Earnings May Not Tell The Whole Story For Praj Industries (NSE:PRAJIND)

May 07
Weak Statutory Earnings May Not Tell The Whole Story For Praj Industries (NSE:PRAJIND)

Analysts Just Shaved Their Praj Industries Limited (NSE:PRAJIND) Forecasts Dramatically

May 05
Analysts Just Shaved Their Praj Industries Limited (NSE:PRAJIND) Forecasts Dramatically

Here's What Analysts Are Forecasting For Praj Industries Limited (NSE:PRAJIND) Following Its Earnings Miss

May 03
Here's What Analysts Are Forecasting For Praj Industries Limited (NSE:PRAJIND) Following Its Earnings Miss

Praj Industries (NSE:PRAJIND) Is Looking To Continue Growing Its Returns On Capital

May 01
Praj Industries (NSE:PRAJIND) Is Looking To Continue Growing Its Returns On Capital

Praj Industries (NSE:PRAJIND) Seems To Use Debt Quite Sensibly

Feb 17
Praj Industries (NSE:PRAJIND) Seems To Use Debt Quite Sensibly

Praj Industries Limited's (NSE:PRAJIND) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Feb 03
Praj Industries Limited's (NSE:PRAJIND) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
User avatar

Patented Bioenergy Technologies And BPCL Partnership Will Drive Future Expansion

Significant growth in international orders and strategic ventures positions Praj Industries for strong future revenue and earnings.

Why Praj Industries Limited (NSE:PRAJIND) Could Be Worth Watching

Jan 29
Why Praj Industries Limited (NSE:PRAJIND) Could Be Worth Watching

Praj Industries (NSE:PRAJIND) Is Very Good At Capital Allocation

Jan 15
Praj Industries (NSE:PRAJIND) Is Very Good At Capital Allocation

Should You Be Adding Praj Industries (NSE:PRAJIND) To Your Watchlist Today?

Nov 15
Should You Be Adding Praj Industries (NSE:PRAJIND) To Your Watchlist Today?

Praj Industries Limited's (NSE:PRAJIND) Business Is Yet to Catch Up With Its Share Price

Sep 09
Praj Industries Limited's (NSE:PRAJIND) Business Is Yet to Catch Up With Its Share Price

Should You Be Adding Praj Industries (NSE:PRAJIND) To Your Watchlist Today?

Aug 13
Should You Be Adding Praj Industries (NSE:PRAJIND) To Your Watchlist Today?

We Think Praj Industries Limited's (NSE:PRAJIND) CEO Compensation Looks Fair

Jul 19
We Think Praj Industries Limited's (NSE:PRAJIND) CEO Compensation Looks Fair

Praj Industries' (NSE:PRAJIND) Upcoming Dividend Will Be Larger Than Last Year's

Jul 05
Praj Industries' (NSE:PRAJIND) Upcoming Dividend Will Be Larger Than Last Year's

Some Confidence Is Lacking In Praj Industries Limited's (NSE:PRAJIND) P/E

Jun 07
Some Confidence Is Lacking In Praj Industries Limited's (NSE:PRAJIND) P/E

Praj Industries' (NSE:PRAJIND) Profits May Not Reveal Underlying Issues

Jun 07
Praj Industries' (NSE:PRAJIND) Profits May Not Reveal Underlying Issues

Praj Industries (NSE:PRAJIND) Could Easily Take On More Debt

Mar 26
Praj Industries (NSE:PRAJIND) Could Easily Take On More Debt

Unpleasant Surprises Could Be In Store For Praj Industries Limited's (NSE:PRAJIND) Shares

Feb 20
Unpleasant Surprises Could Be In Store For Praj Industries Limited's (NSE:PRAJIND) Shares

Praj Industries Limited Recorded A 19% Miss On Revenue: Analysts Are Revisiting Their Models

Feb 05
Praj Industries Limited Recorded A 19% Miss On Revenue: Analysts Are Revisiting Their Models

Why The 27% Return On Capital At Praj Industries (NSE:PRAJIND) Should Have Your Attention

Dec 11
Why The 27% Return On Capital At Praj Industries (NSE:PRAJIND) Should Have Your Attention

Do Praj Industries' (NSE:PRAJIND) Earnings Warrant Your Attention?

Nov 09
Do Praj Industries' (NSE:PRAJIND) Earnings Warrant Your Attention?

Returns On Capital Are A Standout For Praj Industries (NSE:PRAJIND)

Aug 22
Returns On Capital Are A Standout For Praj Industries (NSE:PRAJIND)

Praj Industries' (NSE:PRAJIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 09
Praj Industries' (NSE:PRAJIND) Shareholders Will Receive A Bigger Dividend Than Last Year

Does Praj Industries (NSE:PRAJIND) Deserve A Spot On Your Watchlist?

Mar 16
Does Praj Industries (NSE:PRAJIND) Deserve A Spot On Your Watchlist?

CEO Compensation Analysis

How has Ashish Gaikwad's remuneration changed compared to Praj Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹1b

Jun 30 2025n/an/a

₹1b

Mar 31 2025₹17m₹17m

₹2b

Compensation vs Market: Ashish's total compensation ($USD193.42K) is below average for companies of similar size in the Indian market ($USD405.72K).

Compensation vs Earnings: Insufficient data to compare Ashish's compensation with company performance.


CEO

Ashish Gaikwad (56 yo)

less than a year
Tenure
₹17,321,000
Compensation

Mr. Ashish Madhukar Gaikwad is Managing Director and Director of Praj Industries Limited from July 1, 2025 and was its Additional Director since February 3, 2025 until July 1, 2025. He joined Praj Industri...


Leadership Team

NamePositionTenureCompensationOwnership
Ashish Gaikwad
MD & Directorless than a year₹17.32mno data
Sachin Raole
CFO, Director of Resources & Executive Director9.3yrs₹32.79m0.054%
₹ 33.5m
Anant Bavare
GM, Company Secretary & Compliance Officer1.8yrs₹4.30mno data
Pramod Chaudhari
Founder Chairman & Mentor40yrs₹47.57m21.05%
₹ 12.9b
Pramod Kumbhar
President & Chief Technology Officerno data₹9.68m0.051%
₹ 31.6m
Ghanashyam Deshpande
President & Chief Innovation Officerno data₹10.38m0.013%
₹ 8.0m
Prakash Ranjan
President & Group CHRO1.7yrsno datano data
Shrikant Wale
Presidentno datano datano data
Dattatraya Nimbolkar
Chief Internal Auditor & Nodal Officer1.9yrs₹9.00mno data
S. Kumar
Executive Vice Presidentno data₹9.31mno data
Atul Mulay
President of Bioenergyno data₹9.39m0.016%
₹ 9.8m
Venkatesh Rao
Executive Vice Presidentno datano datano data
1.8yrs
Average Tenure
60yo
Average Age

Experienced Management: PRAJIND's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ashish Gaikwad
MD & Directorless than a year₹17.32mno data
Sachin Raole
CFO, Director of Resources & Executive Director8.8yrs₹32.79m0.054%
₹ 33.5m
Pramod Chaudhari
Founder Chairman & Mentor40yrs₹47.57m21.05%
₹ 12.9b
Berjis Desai
Non-Independent Non-Executive Directorless than a year₹3.75mno data
Shridhar Shukla
Non-Executive Independent Director7.6yrs₹1.75mno data
Ajay Deshpande
Non-Executive Independent Director1.1yrs₹750.00kno data
Utkarsh Palnitkar
Non-Executive Independent Director1.7yrs₹2.25mno data
Rujuta Jagtap
Non-Executive Independent Director2.1yrs₹750.00kno data
Vinayak Deshpande
Non-Executive Independent Director1.7yrs₹4.00mno data
Parth Chaudhari
Non-Executive Independent Directorless than a yearno datano data
1.7yrs
Average Tenure
63yo
Average Age

Experienced Board: PRAJIND's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/21 09:58
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Praj Industries Limited is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kunal ShethBatlivala & Karani Securities India Pvt. Ltd.
Shailesh KananiCentrum Broking Limited
Sanjay ManyalICICIdirect.com