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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

Praj Industries Limited

PRAJINDNSEIndustrials
₹311.9
+2.90 (+0.94%)
Strong Sell

Quality (25/100) does the heavy lifting; valuation (5/100) is the drag.

ExpensiveOvervalued
The bottom line

StocksWizard rates Praj Industries Limited a Strong Sell, scoring 13/100 on our blended model. The price is about 33% below its 52-week high of ₹463.05 and 13% above the low of ₹276.15. Financial health scores 76/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9. The average analyst target of ₹367.29 implies about 18% upside across 7 analysts. It clears 3 of 13 investability checks, with durability 25, valuation 9 and momentum 10 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹185.13down 40.64%
Overvalued by 41%
Price ₹311.9Range ₹155.95₹199.94
DCF + relative blendhigh confidence

With a 20% margin of safety, our buy-below price is ₹148.1.

Analyst views

7 analysts3 buy · 4 hold · 0 sell
12-month consensus target₹367.29up 17.76%

1-year price

EOD · 2026-07-31
1D
up 0.94%
1W
down 3.59%
1M
down 13.34%
3M
down 24.93%
6M
up 11.79%
1Y

52-week range

-32.64% from the 52-week high.

Trend check
Below 50-DMA₹346Below 200-DMA₹336

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Strong Sell13
B
Financial health 76/100
Altman Z 4.05 · Safe zone

Piotroski F-score 5/9 — quality of earnings & balance sheet.

Our scores

Durability25
Valuation9
Momentum10

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 3 of 13 checks
Each check screens one fundamentals, valuation or trend signal.
  • Fail: ROE above 15%: 1.8%
  • Pass: Low debt (D/E < 0.5): 0.13x
  • Pass: Positive free cash flow
  • Fail: Revenue growth > 10%: -2%
  • Fail: Earnings growing: -71%
  • Fail: Net margin ≥ 10%: 0.8%
  • Fail: Current ratio > 1.5: 1.46
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Fail: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 4.05
  • Fail: Piotroski ≥ 7: 5/9

Quarterly results

Revenue · 1Q2026
₹845 Cr
Net profit
₹8 Cr
Margin
1%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +0%

Annual financials

Revenue · 2026
₹3,168 Cr
Net profit
₹36 Cr
Margin
1%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY -2%

Shareholding

  • Promoter34.4%
  • Institutions25.2%
  • Public & other40.4%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹6,398 Cr
P/E ratio
267.7
P/B ratio
4.89
EPS (TTM)
₹1.3
ROE
1.8%
Debt / Equity
0.13x
Profit margin
0.8%
Free cash flow
₹219 Cr
52-week high
₹463.05
-32.64% from high
52-week low
₹276.15
Dividend yield
1.8%
Beta
0.08
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 4.05.

Bear case

Weaknesses

  • Low return on equity (1.8%).
  • Price below its 200-day moving average (downtrend).

Threats

  • Earnings contracting year on year.
  • Rich valuation versus sector peers.
  • Trades ~41% above our estimated fair value.

About Praj Industries Limited

Praj Industries Limited develops bio-based technologies and engineering solutions for customers in India and internationally. The company supplies ethanol production systems including multi-feed multi-product plants and modernization services, renewable fuel technologies such as BioCNG and iso-butanol, and high-purity systems for the biopharma, sterile formulations, topical and oral formulations, personal care, and nutraceutical sectors.

Praj Industries Limited — frequently asked questions

Is Praj Industries Limited a buy, hold or sell?

StocksWizard currently rates Praj Industries Limited (PRAJIND) a Strong Sell, based on a blended score of 13/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Praj Industries Limited's fair value?

Our blended DCF and relative-valuation model estimates Praj Industries Limited's fair value at about ₹185.13, versus a current price of ₹311.9 — roughly 41% downside. On that basis the stock looks overvalued by 41%.

Is Praj Industries Limited financially healthy?

Praj Industries Limited scores 76/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 5/9.

How has Praj Industries Limited's share price performed?

Praj Industries Limited is down 25% over three months, and last traded at ₹311.9. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.