Praj Industries Limited is a leading biofuel technology company. It was founded in 1985 and is headquartered in Pune. The company started as a supplier for an ethanol plant and has now evolved into a multinational firm offering diverse products, particularly in the environmental engineering, energy and agri-process sectors.
The company offers a wide range of processes and systems to alcohol plants for ethanol and biodiesel productions.
The market capitalisation of Praj Industries Limited stood at ₹9,400 crore as of January 23, 2024. Praj Industries share price has gained more than 330% in the last three years.
Praj Industries Limited Business Operations
Praj Industries Limited provides a variety of processes and systems for ethanol and biodiesel production. The company's business areas include alcohol plants, where it has developed HiFerm fermentation systems for alcohol production, capable of handling a variety of raw materials. It runs a plant for processing raw materials and developing wastewater treatment systems.
In the field of fuel ethanol plants, Praj Industries Limited develops Ecomol Molecular Sieve Plants. In the biodiesel plants segment, the company creates complexes capable of producing biodiesel and bioethanol. It also engages in plant engineering for the brewery industry, specifically designing brewery plants. The company mainly caters to industrial clients, which also include Public Sector Undertaking (PSU) companies and conglomerates.
The company has established a presence in more than 100 countries with over 1,000 references worldwide. It conducts its operations across 16 locations including both plants and offices. It runs 5 plants in India and has 4 offices. These plants are located in Sanaswadi, Urawade (Maharashtra) and Kandla (Gujarat).
Praj Industries Limited operates 3 offices outside India. In terms of market reach, the company serves customers in 23 states in India and extends its presence to 40 countries on the global front. In the international market, Praj Industries is a major player in its vertical. The UK's largest fuel ethanol plant for Vivergo Fuels with a production capacity of 1.2 million litres per day has implemented Praj technology. The company has also commissioned a vodka-grade beverage alcohol plant in Poland, incorporating energy-saving Ecosmart technology.
Praj collaborates with customers across Europe with references in several countries including the UK, Poland, Belgium, Hungary, Germany and Bulgaria. In the Americas, Praj Industries Limited also achieved 100% fulfilment of Colombia's fuel ethanol programme through the installation of ethanol production plants. The company also has references in Argentina, Peru, Guatemala, Mexico and many nations in South and Central America. Praj also operates an office in Houston, Texas, catering to its clientele in the United States.
The R&D centre of the company Praj Matrix serves as its backbone for technology development. The centre, located in Pune, is actively involved in the development of various renewable fuels and chemicals.
Praj Industries Limited has many subsidiaries. Some of the notable ones are Praj Engineering and Infra Limited in India, Praj HiPurity Systems Limited in India, Praj Americas Inc in the US, Praj Far East Co. Ltd. in Thailand and Praj Far East Philippines Limited Inc. in the Philippines. In FY23, the company also established a wholly-owned domestic subsidiary Praj GenX Limited.
Praj Industries Financial Highlights
- Revenue: Praj Industries reported revenue of ₹3,218.23 crore in FY26 vs ₹3,288.83 crore in FY25. It showed a decrease of 2.15% on a yearly basis.
- Operating Profit: Praj Industries reported an operating profit of ₹49.92 crore in FY26 vs ₹298.55 crore in FY25. It showed a decrease of 83.28% on a year-on-year basis.
- Net Profit: Praj Industries reported a net profit of ₹23.85 crore in FY26 vs ₹218.93 crore in FY25. It showed a decrease of 89.11% on a yearly basis.
Praj Industries Quarterly Result Highlights
- Praj Industries reported revenue of ₹735.80 crore in Jun 2026, compared with ₹869.03 crore in Mar 2026, representing a decrease of 15.33% on a quarter-on-quarter (QoQ) basis.
- Praj Industries reported an operating profit of ₹21.05 crore in Jun 2026, compared with ₹23.53 crore in Mar 2026, representing a decrease of 10.54% on a quarter-on-quarter (QoQ) basis.
- Praj Industries reported a profit of ₹11.61 crore in Jun 2026, compared with ₹11.61 crore in Mar 2026, reflecting an increase of 0.00% on a QoQ basis.
- The earnings per share (EPS) of Praj Industries stood at ₹1.30 during Jun 2026.
Data Source: BSE, Company announcements
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