Financial Performance Review for Q1 FY27 (Consolidated)

Income Statement:

  • Income from operations: Rs. 7,158 million (Q1 FY26: Rs. 6,402 million; Q4 FY26: Rs. 8,446 million)
  • PBT before exceptional items: Rs. 210.5 million (Q1 FY26: Rs. 96.1 million; Q4 FY26: Rs. 154.7 million)
  • PAT: Rs. 116.1 million (Q1 FY26: Rs. 53.40 million; Q4 FY26: Rs. 116.1 million)

Order Intake:

  • Order intake during the quarter: Rs. 10 billion

Key Developments and Strategic Initiatives

Government Policy Impact:

  • Union cabinet approved GOBARdhan scheme with total outlay of ₹23,731 crore
  • Scheme aims to accelerate CBG production through assured offtake, stable pricing, capital assistance, pipeline connectivity and access to finance

New Orders Secured:

  • Received first order to set up India's first commercial demo plant Bio-IBA
  • Praj GenX signed exclusive framework agreement with a leading EPC to manufacture and supply precision fabrication components and modules for hyperscale data center infrastructure projects
  • Received unique combined order from semiconductor player for ultra-pure water and ZLD solutions

Management Commentary

Mr. Ashish Gaikwad, MD, Praj Industries commented: "While the external business environment remained uncertain, we have made a definite progress on few long-term growth vectors. Key developments this quarter include securing a Bio-IBA order for the country's first commercial scale demo plant, signing a long-term framework agreement for precision fabrication and modularization solutions for hyperscale data centers, and receiving first order from a leading semiconductor player for ultra-pure water and ZLD solutions. As we move further into the financial year, we expect to build on this momentum and deliver improved performance."

Company Business Overview

Praj is India's most accomplished industrial biotechnology company driven by innovation, integration and delivery capabilities. Key business areas include:

  • BioMobility® platform: technology solutions for renewable transportation fuel production
  • Bio-Prism® portfolio: technologies for production of renewable chemicals and materials
  • Diverse portfolio comprises Bio-energy solutions, Critical process equipment & modularization, Breweries, Zero liquid discharge systems, and High purity water systems
  • Over 1000+ customer references spanning 100+ countries across all 6 continents
  • Praj Matrix serves as the state-of-the-art R&D facility

Forward-Looking Statement Disclaimer

The release contains forward-looking statements subject to risks and contingencies concerning governmental policies, economic developments and technological factors. Actual performance may differ materially from forward-looking statements. The company undertakes no commitment to update these statements publicly.