Praj Industries Ltd

Praj Industries Ltd share price slipped 1.52% to Rs 324.45 after the company's net profit remained flat to Rs 11.61 crore, while revenue from operations reduced 15.24% to Rs 715.82 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.7 lakh crore, easing 4.98%. It has eased by 0.26% over last one week and soared by 41.62% in last one month while the market capitalization of Praj Industries Ltd has marginally improved by 1.55% and 12.50% in the same period respectively. Profit before tax (PBT) of Praj Industries Ltd stood at Rs 21.05 crore in Q2 FY26, surging by 119.04% year-on-year, and retreating 10.54% quarter-on-quarter. EBITDA came in at Rs 10 crore, plunging by 55.91% YoY and tumbling by 946.22% sequentially. Total expenses fell by 16.19% to Rs 711.02 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 360.82 crore, falling by 18.50% YoY, while employee benefits expense was at Rs 82.44 crore, tanking by 13.90% YoY. For the TTM ended FY26, revenue from operations softened by 1.86% to Rs 3167.88 crore, while net profit tanked by 89.11% to Rs 23.85 crore, compared to previous TTM. EBITDA jumped by 27183% to Rs 101.42 crore, and PBT plunged by 83.28% to Rs 49.92 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 200.09 crore in FY26, as against Rs 42.96 crore in FY25. Praj Industries Ltd tumbled by 21.47% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

Praj Industries Limited announced that Berjis Desai retired as a Non-Executive Director following the conclusion of the company’s 40th Annual General Meeting on August 13, 2026, due to his appointment as a Member of the National Commission for Minorities; shareholders also re-appointed Rujuta Jagtap as an Independent Director for a further period of three years, effective August 21, 2026, until August 20, 2029.

Praj Industries Limited will hold a board meeting on Thursday, August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, according to a regulatory filing. The trading window for the company’s directors and designated persons will be closed until August 15, 2026, and will reopen on August 17, 2026.

Praj Industries Limited announced that its wholly owned subsidiary, Praj GenX Ltd., has signed an exclusive framework supply agreement with a leading global engineering, procurement and construction (EPC) company to manufacture and supply precision fabrication components and modules for hyperscale data center infrastructure projects, marking Praj GenX’s entry into the data center sector. The agreement, which provides for a minimum committed business value of US$52 million (approximately Rs 500 crore), will be executed over the next two and a half years, with the first tranche already underway at Praj GenX’s facility in Mangaluru, Karnataka.

Praj Industries announced that the 40th Annual General Meeting(AGM) of the company will be held on 13 August 2026.

Praj Industries has appointed Sachin Raole (DIN: 00431438) as a Joint Managing Director & Chief Financial Officer for a period of five (5) years with effect from 30 April 2026 till 29 April 2031.

Net profit of Praj Industries declined 70.84% to Rs 11.61 crore in the quarter ended March 2026 as against Rs 39.81 crore during the previous quarter ended March 2025. Sales declined 1.76% to Rs 844.56 crore in the quarter ended March 2026 as against Rs 859.68 crore during the previous quarter ended March 2025. For the full year,net profit declined 89.11% to Rs 23.84 crore in the year ended March 2026 as against Rs 218.91 crore during the previous year ended March 2025. Sales declined 1.86% to Rs 3167.88 crore in the year ended March 2026 as against Rs 3228.04 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales844.56859.68 -2 3167.883228.04 -2 OPM %2.768.76 -4.799.74 - PBDT42.5680.69 -47 181.86356.83 -49 PBT15.4758.25 -73 76.30270.39 -72 NP11.6139.81 -71 23.84218.91 -89 Powered by Capital Market - Live

Praj Industries will hold a meeting of the Board of Directors of the Company on 28 May 2026.

Praj Industries today announced the establishment of an Advanced Precision Fermentation Lab at Praj Matrix to drive next-genera on biotechnology and accelerate India's transition to high-performance, low-carbon biomanufacturing. Announced on the occasion of the 18th Praj Matrix Foundation Day, the initiative reflects Praj's commitment to advancing India's bioeconomy through cutting-edge innovation, skill development, and strong academia-industry collaboration. The new lab, one of a kind globally, will focus on high-capacity, AI-enabled precision fermentation and next-genera on bioprocesses to improve efficiency, reduce scale-up risks, and enhance process reliability. It will enable Praj and Praj HiPurity Systems (Praj's wholly owned subsidiary in Mumbai), known for its expertise in precision fermenters and ultra-pure water systems for the pharmaceutical and biotech industries, to deliver advanced fermentation solutions to the pharmaceutical, food, cosmetics and to biofuels and beverage sectors. The facility is being developed to further strengthen Praj's capabilities in next generation biomanufacturing. Combined with BRIC-NCCS's strengths in microbial research, genomics, and cell culture repositories, this creates a strong synergy'integra ng discovery, process development, and high-purity manufacturing to accelerate innovation. Aligned with the Government of India's BioE3 (Biotechnology for Economy, Environment and Employment) Initiative, steered by the Department of Biotechnology, the initiative supports the national vision of building a globally competitive, sustainable biomanufacturing ecosystem.

Net loss of Praj Industries reported to Rs 12.39 crore in the quarter ended December 2025 as against net profit of Rs 41.10 crore during the previous quarter ended December 2024. Sales declined 1.35% to Rs 841.49 crore in the quarter ended December 2025 as against Rs 853.03 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales841.49853.03 -1 OPM %5.628.52 - PBDT48.1682.10 -41 PBT21.6058.82 -63 NP-12.3941.10 PL Powered by Capital Market - Live