Praj Industries Limited has informed the Exchange about Investor Presentation
PRAJIND · price
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Awaiting price reaction for this filing.
Praj Industries shared its Q1-FY26 earnings presentation showing a sharp decline in profitability. Consolidated revenue fell 8.4% YoY to INR 6,402 Mn, while EBITDA dropped 65.9% to INR 314 Mn with margins compressing 826 bps to 4.90%. Net profit collapsed 93.7% YoY to just INR 53 Mn, and diluted EPS stood at INR 0.29. Weakness was driven by delayed ethanol plant executions, customer liquidity crunch, GenX business losses without matching revenue, forex MTM losses, and cost overruns at Kandla engineering orders. Order intake for the quarter was INR 7,950 Mn with a healthy order book of INR 44,480 Mn (up from INR 42,930 Mn last quarter), of which Bioenergy dominates at 81%. The company remains net debt-free with market cap around INR 93,579 Mn and promoter holding at 32.81%.
Short-term sentiment is likely negative given the steep YoY earnings fall and margin compression, but the strong order book of INR 44,480 Mn provides revenue visibility. Shareholders should watch for execution recovery in coming quarters and any improvement in domestic ethanol demand and GenX break-even.