Praj Industries Limited has informed the Exchange regarding a press release dated February 12, 2026, titled "Praj Industries Ltd. announces Q3 FY26 results".
PRAJIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Praj Industries reported its Q3 FY26 results with consolidated revenue at Rs. 8,414.8 million, roughly flat compared to the previous quarter but slightly lower than Q3 FY25. Profit before exceptional items and tax fell sharply to Rs. 216.1 million from Rs. 588.2 million a year ago, and the company slipped into a net loss of Rs. 123.9 million versus a profit of Rs. 411 million in Q3 FY25. For the first nine months of FY26, profit after tax collapsed to Rs. 122.4 million from Rs. 1,791.2 million in the same period last year, a decline of over 90%, while order intake dropped to Rs. 25,215 million from Rs. 28,620 million. The consolidated order backlog stood healthy at Rs. 44.9 billion, with 66% domestic and 34% international. Management highlighted new breakthrough orders in CCUS, brewery, water treatment, and precision fermentation as positives, alongside favourable trade deals and Union Budget focus on biogas, pharma, CCUS, data centres, and semiconductors.
Sharply weaker profitability, including a quarterly net loss and a steep 9M PAT decline, is likely to weigh negatively on the stock and disappoint investors despite a stable order book and encouraging new order wins. Margin pressure and weak year-on-year comparisons point to near-term headwinds even as the company positions for longer-term opportunities in biofuels and clean energy.