Financials Praj Industries Limited

Equities

PRAJIND

INE074A01025

Construction & Engineering

Market Closed - NSE India S.E. 07:43:55 2024-06-28 EDT 5-day change 1st Jan Change
728.6 INR +7.35% Intraday chart for Praj Industries Limited +5.82% +31.05%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,329 10,081 35,702 73,185 62,646 133,863 - -
Enterprise Value (EV) 1 28,329 10,081 35,702 73,185 62,646 92,038 128,156 128,100
P/E ratio 41.5 x 14.3 x 44.1 x 48.7 x 26.1 x 34.6 x 39.7 x 31.8 x
Yield 1.37% 4.9% 1.11% 0.68% 1.32% 1.13% 0.94% 1.05%
Capitalization / Revenue 2.48 x 0.91 x 2.74 x 3.14 x 1.78 x 2.82 x 3.35 x 2.78 x
EV / Revenue 2.48 x 0.91 x 2.74 x 3.14 x 1.78 x 2.66 x 3.21 x 2.66 x
EV / EBITDA 32.1 x 9.33 x 30 x 35.6 x 19.7 x 23.7 x 28.2 x 22.7 x
EV / FCF 150 x 129 x 58.7 x 46.8 x 49.4 x 83.6 x 106 x 62 x
FCF Yield 0.66% 0.78% 1.7% 2.13% 2.03% 1.2% 0.94% 1.61%
Price to Book 3.8 x 1.4 x 4.45 x 7.99 x 5.81 x 10.8 x 9 x 7.58 x
Nbr of stocks (in thousands) 182,648 183,128 183,229 183,673 183,713 183,713 - -
Reference price 2 155.1 55.05 194.8 398.4 341.0 728.6 728.6 728.6
Announcement Date 19-05-16 20-05-26 21-05-06 22-05-25 23-05-25 24-05-30 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,411 11,024 13,047 23,333 35,280 34,663 39,938 48,183
EBITDA 1 883.4 1,081 1,191 2,059 3,180 3,878 4,546 5,655
EBIT 1 653.9 - 1,160 2,070 2,878 3,438 4,162 5,238
Operating Margin 5.73% - 8.89% 8.87% 8.16% 9.92% 10.42% 10.87%
Earnings before Tax (EBT) 1 879.4 831.3 1,131 2,049 3,187 3,775 4,542 5,651
Net income 1 682.2 704.3 810.7 1,502 2,398 2,834 3,371 4,205
Net margin 5.98% 6.39% 6.21% 6.44% 6.8% 8.17% 8.44% 8.73%
EPS 2 3.740 3.850 4.420 8.180 13.05 15.42 18.37 22.90
Free Cash Flow 1 188.3 78.4 607.7 1,562 1,269 1,101 1,205 2,066
FCF margin 1.65% 0.71% 4.66% 6.7% 3.6% 3.18% 3.02% 4.29%
FCF Conversion (EBITDA) 21.32% 7.25% 51.03% 75.89% 39.92% 28.39% 26.5% 36.54%
FCF Conversion (Net income) 27.6% 11.13% 74.96% 103.98% 52.93% 38.86% 35.74% 49.14%
Dividend per Share 2 2.120 2.700 2.160 2.700 4.500 6.000 6.860 7.680
Announcement Date 19-05-16 20-05-26 21-05-06 22-05-25 23-05-25 24-05-30 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 7,299 8,766 9,100 10,040 7,367 9,726 10,259 10,066
EBITDA 1 - 676.3 861.6 1,083 754.9 960 1,010 1,162
EBIT - - - - - - - -
Operating Margin - - - - - - - -
Earnings before Tax (EBT) 1 - 657.8 859 1,128 777 967 969.5 1,250
Net income 1 - 481.3 623 881.1 586.5 726.8 756.8 916.7
Net margin - 5.49% 6.85% 8.78% 7.96% 7.47% 7.38% 9.11%
EPS 2 - 2.620 3.390 4.790 3.190 4.050 4.150 5.200
Dividend per Share - - - - - - - -
Announcement Date 22-08-04 22-10-18 23-02-03 23-05-25 23-07-26 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - - - - 5,872 5,707 5,763
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 188 78.4 608 1,562 1,269 1,101 1,205 2,067
ROE (net income / shareholders' equity) 9.27% 9.62% 10.7% 16% 24.1% 24.1% 24.5% 25.9%
ROA (Net income/ Total Assets) - - - - 9.92% 10.3% 10.8% 11%
Assets 1 - - - - 24,182 27,567 31,213 38,227
Book Value Per Share 2 40.80 39.30 43.80 49.90 58.70 67.60 80.90 96.10
Cash Flow per Share 2 - - - - 8.820 10.90 12.10 19.40
Capex 1 142 68.3 86.7 185 352 893 874 749
Capex / Sales 1.24% 0.62% 0.66% 0.79% 1% 2.58% 2.19% 1.56%
Announcement Date 19-05-16 20-05-26 21-05-06 22-05-25 23-05-25 24-05-30 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
728.6 INR
Average target price
670.6 INR
Spread / Average Target
-7.97%
Consensus
  1. Stock Market
  2. Equities
  3. PRAJIND Stock
  4. Financials Praj Industries Limited