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Intrinsic value · Buy/Sell verdict · scores — free· 1088 Nifty 500 stocks· EOD 2026-06-16

Praj Industries Limited

PRAJIND · NSE · Industrials

₹341.4
+4.45 (+1.32%)
Our verdictOvervalued
Strong Sell17/100
Quality25
Valuation5
Momentum30
Financial trend8
Intrinsic value
Our fair value
₹182.79
Overvalued by 46%
Price ₹341.4Range ₹168.17₹197.41

With a 20% margin of safety, our buy-below price is ₹146.23.

B
Financial health 75/100
Altman Z 4.01 · Safe zone

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

Investability checklist

Passed 3 of 13 checks23/100
  • ROE above 15%1.8%
  • Low debt (D/E < 0.5)0.13x
  • Positive free cash flow
  • Revenue growth > 10%-2%
  • Earnings growing-71%
  • Net margin ≥ 10%0.8%
  • Current ratio > 1.51.46
  • Below our fair value
  • Margin of safety ≥ 20%
  • Above 200-day average
  • Above 50-day average
  • Positive 1-year return
  • Altman Z in safe zoneZ 4.01
  • Piotroski ≥ 75/9

1-year price

EOD · 2026-06-16
1W
-4.2%
1M
-6.4%
3M
+12.9%
6M
+12.2%
1Y

Our scores

Durability25
Valuation10
Momentum30

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

Quarterly results

2Q2025
₹640 Cr1%
3Q2025
₹842 Cr2%
4Q2025
₹841 Cr2%
1Q2026
₹845 Cr1%
Revenue Net profitRevenue 4-period change +32%

Annual financials

2023
₹3,528 Cr7%
2024
₹3,466 Cr8%
2025
₹3,228 Cr6%
2026
₹3,168 Cr1%
Revenue Net profitRevenue 4-period change -10%

Shareholding

Promoter34.4%
Institutions24.6%
Public & other41.1%

Promoter holding via insider stake; institutional via reported holdings.

Analyst views

7 analysts3 buy · 4 hold · 0 sell
12-month consensus target₹367.29+8%
Low ₹340High ₹398

Key fundamentals

Market cap
₹6,275 Cr
P/E ratio
260.6
P/B ratio
4.80
EPS (TTM)
₹1.31
ROE
1.8%
Debt / Equity
0.13x
Profit margin
0.8%
Free cash flow
₹219 Cr
52-week high
₹502.34
-32.04% from high
52-week low
₹276.15
Dividend yield
1.8%
Beta
0.08

SWOT snapshot

Strengths

  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 4.01.

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 ~47% above our estimated fair value.

About Praj Industries Limited

Praj Industries Limited operates in the field of bio-based technologies and engineering in India and internationally. The company offers solutions for the ethanol industry, including multi-feed multi-product plants, modernization of existing plants, and renewable fuels comprising BioCNG, iso-butanol, etc.; and high purity system solutions for the biopharma industry, sterile formulations, topical and oral formulations, personal care, and nutraceutical industry. It also provide

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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.