Company Overview

Praj Industries Limited (Scrip Code: 522205) submitted an investor presentation dated June 22, 2026, for dissemination to investors. The document provides a comprehensive business update covering financial performance, operational highlights, leadership structure, and strategic initiatives.

Leadership and Governance

  • Dr. Pramod Chaudhari serves as Chairman, having founded the company in 1983 as a first-generation techno-entrepreneur
  • Mr. Ashish Gaikwad was appointed as Managing Director in February 2025, bringing over 34 years of experience in industrial automation and digitalization
  • Mr. Sachin Raole serves as Joint Managing Director & CFO, a Chartered Accountant and Cost Accountant with 27 years of experience
  • The board includes 8 additional directors: Mr. Vinayak Deshpande (Independent), Mr. Berjis Desai (Non-Executive Non-Independent), Mr. Parth Chaudhari (Non-Executive Non-Independent), Dr. Shridhar Shukla (Independent), Mr. Utkarsh Palnitkar (Independent), Mr. Ajay Narayan Deshpande (Independent), and Ms. Rujuta Jagtap (Independent)
  • Business unit heads include Mr. Venkatesh Rao (Liquid Biofuels), Mr. Atul Tare (Waste Water Treatment), Mr. Shardul Madge (Gaseous Biofuels), Mr. Mihir Mehta (HiPurity Systems & Brewery), Mr. Abhijit Dani (Praj GenX Ltd), Ms. Ashvini Shete (Biopolymer), Mr. Atul Mulay (Corporate Strategy), Dr. Pramod Kumbhar (CTO), Mr. Shrikant Wale (Delivery Head), and Mr. Ghanashyam Deshpande (Technology & Engineering)

Business Segments and Operations

  • Company operates in bioenergy, high purity water, critical process equipment, breweries, and industrial wastewater treatment
  • Global presence with 1000+ customer references in 100+ countries across six continents
  • Five manufacturing facilities located in Maharashtra, Gujarat, and Karnataka with global offices in Thailand, Philippines, and Houston, Texas
  • Bio-Mobility platform includes 1G Ethanol, Bio Isobutanol, 2G Ethanol, Renewable Natural Gas (RenGasTM), Sustainable Aviation Fuel (SAF), and Marine Biofuels
  • Engineering segment offers critical process equipment and modularization for Oil & Gas, Refineries, Petrochemicals, and Fertilizer sectors
  • HiPurity Systems (wholly-owned subsidiary) provides high purity water solutions for Pharma, Biopharma, Nutraceuticals, Semiconductor, Battery, Solar & Green Hydrogen industries
  • Wastewater treatment business offers zero liquid discharge solutions
  • Brewery division holds over 70% market share in India with projects in Africa and South East Asia

Financial Performance (Consolidated INR Mn)

| Particulars | FY22 | FY23 | FY24 | FY25 | FY26 |

| Operational Income | 23,433 | 35,280 | 34,663 | 32,280 | 31,679 |

| EBITDA | 2,059 | 3,179 | 3,879 | 3,145 | 1,518 |

| EBITDA Margins (%) | 8.79% | 9.01% | 11.19% | 9.74% | 4.79% |

| Profit After Tax | 1,502 | 2,398 | 2,834 | 2,189 | 238 |

| PAT Margins (%) | 6.41% | 6.80% | 8.18% | 6.78% | 0.75% |

| Diluted EPS (INR) | 8.18 | 13.05 | 15.42 | 11.91 | 1.30 |

Balance Sheet Highlights (Consolidated INR Mn)

| Particulars | FY24 | FY25 | FY26 |

| Total Assets | 28,954 | 31,604 | 30,559 |

| Property, Plant & Equipment | 4,072 | 2,265 | 2,943 |

| Right-of-use assets | - | 1,800 | 1,540 |

| Inventories | 2,209 | 2,533 | 2,661 |

| Trade Receivables | 8,360 | 5,560 | 5,587 |

| Cash and Cash Equivalents | 1,684 | 1,259 | 1,424 |

| Total Equity | 12,746 | 13,819 | 13,093 |

Operational Metrics

  • Order backlog of ₹42,000 Mn as of March 31, 2026
  • Manufacturing facilities: Mumbai Unit (70,000 sqm for HiPurity Systems), Kandla SEZ (28,800 sqm for SS, Copper, LAS fabrication), Manglore SEZ (Unit 1: 30,700 sqm, Unit 2: 20,200 sqm for steel products), and another facility with 1,385,000 sq. feet covered area and 625,000 sq. feet open area
  • R&D center (Praj Matrix) with 16 laboratories, 90+ technologists, and 400+ patent filings with 24 Indian and 60 international patents granted

Growth Drivers and Market Opportunities

  • Domestic ethanol demand beyond EBP 20 with BIS notification for E22, E25, E27, E30, E85, and E100 blends
  • Flex Fuel Engine and Hybrid vehicle adoption
  • 1% SAF blending requirement creating additional demand of 28 crore liters of ethanol
  • Bio-IBA blending in diesel
  • Compressed Bio-Gas (CBG) Blending Obligation starting from 1% in FY 2025-26 increasing to 5% by 2028-29
  • International opportunities in USA, Brazil, and Southeast Asia for ethanol and SAF
  • Growing demand for modularization in traditional energy, carbon capture, and data centers
  • Bio 3E Policy with INR 10,000 Crore investment envisaged for biopolymers and biomaterials

Corporate Social Responsibility

  • Sustainable water resources development in 90+ drought-prone villages in Maharashtra & Gujarat
  • Preventive Healthcare for rural women in 100+ villages
  • Foundational Literacy & Entrepreneurship Development Program
  • Impact: 10,000+ open wells recharged, 50,000+ acres under protective irrigation, 10,000+ families benefitted

Capital Market Data (As on March 31, 2026)

  • Face Value: ₹2.0
  • Market Price: ₹318.1
  • 52 Week High/Low: ₹554.4/₹273.1
  • Market Capitalization: ₹58,470.9 Mn
  • Equity Shares Outstanding: 183.8 Mn
  • 1 Year Average Trading Volume: 1,778.8 ('000)

Awards and Recognition

  • 2017: Dr. Pramod Chaudhari ranked 35 in 'Globally Top 100 People List' in Bioenergy
  • 2020: George Washington Carver award for Dr. Pramod Chaudhari
  • 2022: William C. Holmberg Award for 'Lifetime Achievement in the Bioeconomy' to Dr. Pramod Chaudhari
  • 2024: #1 in the list of Hottest 50 companies in Advanced Bioeconomy
  • 2025: RECEIC Award by FICCI in Circular Technology Disruptor category for PLA technology

Disclaimer and Investor Relations

  • Presentation contains forward-looking statements subject to risks and uncertainties
  • No representation or warranty made regarding accuracy or completeness of information
  • Investor Relations handled by Valorem Advisors
  • Contact: Mr. Anuj Sonpal, Tel: +91-22-3507 5100, Email: praj@valoremadvisors.com