Financials Praj Industries Limited Bombay S.E.

Equities

PRAJIND

INE074A01025

Construction & Engineering

Market Closed - Bombay S.E. 06:00:53 2024-07-12 am EDT 5-day change 1st Jan Change
724 INR -2.18% Intraday chart for Praj Industries Limited -1.25% +30.22%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,081 35,702 73,185 62,646 97,910 133,035 -
Enterprise Value (EV) 1 10,081 35,702 73,185 62,646 92,038 127,328 127,272
P/E ratio 14.3 x 44.1 x 48.7 x 26.1 x 34.6 x 39 x 31.4 x
Yield 4.9% 1.11% 0.68% 1.32% 1.13% 0.95% 1.06%
Capitalization / Revenue 0.91 x 2.74 x 3.14 x 1.78 x 2.82 x 3.33 x 2.76 x
EV / Revenue 0.91 x 2.74 x 3.14 x 1.78 x 2.66 x 3.19 x 2.64 x
EV / EBITDA 9.33 x 30 x 35.6 x 19.7 x 23.7 x 28 x 22.5 x
EV / FCF 129 x 58.7 x 46.8 x 49.4 x 83.6 x 106 x 61.6 x
FCF Yield 0.78% 1.7% 2.13% 2.03% 1.2% 0.95% 1.62%
Price to Book 1.4 x 4.45 x 7.99 x 5.81 x - 8.97 x 7.56 x
Nbr of stocks (in thousands) 183,128 183,229 183,673 183,713 183,713 183,813 -
Reference price 2 55.05 194.8 398.4 341.0 533.0 723.8 723.8
Announcement Date 5/26/20 5/6/21 5/25/22 5/25/23 5/30/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,024 13,047 23,333 35,280 34,663 39,938 48,183
EBITDA 1 1,081 1,191 2,059 3,180 3,878 4,555 5,653
EBIT 1 - 1,160 2,070 2,878 3,438 4,162 5,238
Operating Margin - 8.89% 8.87% 8.16% 9.92% 10.42% 10.87%
Earnings before Tax (EBT) 1 831.3 1,131 2,049 3,187 3,775 4,542 5,651
Net income 1 704.3 810.7 1,502 2,398 2,834 3,406 4,237
Net margin 6.39% 6.21% 6.44% 6.8% 8.17% 8.53% 8.79%
EPS 2 3.850 4.420 8.180 13.05 15.42 18.56 23.08
Free Cash Flow 1 78.4 607.7 1,562 1,269 1,101 1,205 2,066
FCF margin 0.71% 4.66% 6.7% 3.6% 3.18% 3.02% 4.29%
FCF Conversion (EBITDA) 7.25% 51.03% 75.89% 39.92% 28.39% 26.45% 36.55%
FCF Conversion (Net income) 11.13% 74.96% 103.98% 52.93% 38.86% 35.37% 48.78%
Dividend per Share 2 2.700 2.160 2.700 4.500 6.000 6.860 7.680
Announcement Date 5/26/20 5/6/21 5/25/22 5/25/23 5/30/24 - -
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 2025 Q1
Net sales 1 7,299 8,766 9,100 10,040 7,367 8,824 8,286 10,186 8,349
EBITDA 1 - 676.3 861.6 1,083 754.9 840.2 975.5 1,308 902
EBIT - - - - - - - - -
Operating Margin - - - - - - - - -
Earnings before Tax (EBT) 1 - 657.8 859 1,128 777 848.1 919.2 1,230 921.5
Net income 1 - 481.3 623 881.1 586.5 623.6 704.1 919.3 677
Net margin - 5.49% 6.85% 8.78% 7.96% 7.07% 8.5% 9.03% 8.11%
EPS 2 - 2.620 3.390 4.790 3.190 3.400 3.830 5.000 3.400
Dividend per Share - - - - - - - - -
Announcement Date 8/4/22 10/18/22 2/3/23 5/25/23 7/26/23 10/31/23 2/1/24 5/30/24 -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 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 78.4 608 1,562 1,269 1,101 1,205 2,067
ROE (net income / shareholders' equity) 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 31,533 38,515
Book Value Per Share 2 39.30 43.80 49.90 58.70 - 80.70 95.70
Cash Flow per Share 2 - - - 8.820 10.90 12.10 19.40
Capex 1 68.3 86.7 185 352 893 874 749
Capex / Sales 0.62% 0.66% 0.79% 1% 2.58% 2.19% 1.56%
Announcement Date 5/26/20 5/6/21 5/25/22 5/25/23 5/30/24 - -
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
723.8 INR
Average target price
734.2 INR
Spread / Average Target
+1.44%
Consensus
  1. Stock Market
  2. Equities
  3. PRAJIND Stock
  4. PRAJIND Stock
  5. Financials Praj Industries Limited