Praj Industries share price today

Praj Industries Ltd's share price was ₹255.57 at the close on 5 November 2026. It has been falling for 16 weeks. That is 23.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹242 and ₹408, and at that close it sat 8% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Praj Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 10 weeks running.

Over the last 11 years the share price moved +204% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 28 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For July to September 2026 (the quarter ended 30 September 2026), Praj Industries reported revenue of ₹849 crore, up 0.8% from ₹842 crore a year earlier, and a profit of ₹23.0 crore, up 21.1% from ₹19.0 crore.

Praj Industries results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Praj Industries' management discussed these results on a call held on 30 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Praj Industries closed at ₹255.57 on 5 November 2026, down 23.2% from ₹332.90 a year earlier (7 November 2025) and down 27.9% over five years. Its highest weekly close since March 2016 was ₹836.35 on 3 January 2025.

Praj Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Praj Industries closed at ₹255.57, up 5.7% on the week and down 10.6% on the month. 30 Oct 2026: Praj Industries held its results call for July to September 2026. Management guided: GenX FY27 order intake ₹800-1,000 crore on track including multi-year datacenter framework minimum $52 million over 2.5 years via quarterly tranches.

Earlier

• Results for July to September 2026: Revenue up 0.8% and profit up 21.1% on a year earlier.
• 6 Aug 2026: ex-date for a dividend of ₹3.60 a share.

Praj Industries paid ₹3.60 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.41% at the ₹255.57 close on 5 November 2026. The last was a dividend of ₹3.60 a share, ex-date 6 August 2026.

Praj Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Praj Industries Ltd paid out 278% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 30 October 2026, Praj Industries' management guided: GenX FY27 order intake ₹800-1,000 crore on track including multi-year datacenter framework minimum $52 million over 2.5 years via quarterly tranches.

“First of all, we believe that we can still achieve the vision communicated by our Chairman in November 2024, which you mentioned. What has happened, though, is that some of the inflection points we had assumed in our journey have been delayed. They have not been cancelled, but they have been delayed.”Ashish Gaikwad, responding to question on long-term revenue vision, on the call for July to September 2026

What management guided

• Profit before tax breakeven within next 12 months on ₹500-600 crore turnover covering ₹140-150 crore annual cost with interest and depreciation.
• Orders to start trickling from Q3 onward with revenue from Q4 onward after long-cycle engineering to module conversion; H2 bookings seen better.
• International bioenergy pipeline approximately ₹1,000 crore over next few quarters plus GenX on top; domestic greenfield clarity by financial year-end.
• CBG venture with ₹100 crore each for 8-10 plants needing ₹800-1,000 crore capital spending; set-up in 2-3 months plus 3 months activation with first output after 15 months over 2-3 years.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

When Praj Industries reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: GenX orders to start trickling with revenue conversion after cycle lag - check intake pace and sheds ramp against flagged timing.

Praj Industries is on 2 of our India lists: 52 week high & low and AI & data centre stocks.

Praj Industries Ltd earned ₹23.0 Cr of net profit in the Sep 2026 quarter, +21.1% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹24.0 Cr. Over 10 years profit has grown −11.6% a year on average. That is 2.7% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹19.0 Cr. 1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹24.0 Cr (−89.0% on the year before).

Why profit moved: revenue changed +0.8% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −9.6% and revenue +2.4%. Profit is growing slower than sales: rising costs are taking part of the growth.

Praj Industries Ltd reported ₹849 Cr of revenue in the Sep 2026 quarter, +0.8% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 12.0% a year on average. The last full year, FY26, came in at ₹3,168 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,251 Cr.

FY26 revenue was ₹3,168 Cr, −1.9% on the year before.

Recent pace: the last four quarters grew +2.4% on average, against 12.0% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +1.8%, against −1.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −66.7%, against −65.8% a year (stabilising).

Praj Industries Ltd's operating margin was 6.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 4.9% and 11.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −0.5 percentage points on the year while gross margin changed −11.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 84% of Praj Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹200 Cr of operating cash against ₹24.0 Cr of profit. After ₹87.0 Cr of spending on assets, ₹113 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 84% of profit came in as cash: the cash cycle got 29 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 2.0× depreciation over three years. The next section checks what that spending is building.

Praj Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −8 days in FY26, down from 21 days in FY21. It spent ₹478 Cr on assets over the last 3 years. Customers take 64 days to pay, and stock sits for 60 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹3,168 Cr, each day of that cycle ties up about ₹8.7 Cr, so roughly −₹69.0 Cr is tied up in the business at any time.

FY26: customers took 64 days to pay and stock sat for 60 days, about 2.0 months of sales sitting as stock, for a full cycle of −8 days, shorter than FY21's 21.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 60 days. Customers pay about 64 days after that. Suppliers are paid at 132 days. Together that makes the −8-day cycle.

Spending on assets: ₹478 Cr over the last 3 years, against ₹236 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹6.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Praj Industries Ltd's P/E is 86.4×, near the high end of its own history: higher than 95% of past readings. Its usual P/E (the middle reading) is 41.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹1.85.