Presentation on Audited Financial Results for the quarter and year ended 31st March, 2026 (Standalone and consolidated).
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 28 May 2026, 10:17 PM IST · BSE ID: 3ec04d60-9724-496b-9559-df03b9867ec5
View Original BSE Filing (PDF)
💡
In Simple Terms
Praj Industries reported lower profits for the latest quarter and full financial year, with reduced earnings from its main business operations.
🤖 AI Summary
- Praj Industries' Q4 FY26 consolidated net profit decreased by 70.9% year-over-year to INR 116 Mn.
- Full year FY26 consolidated net profit was INR 238 Mn, reflecting an 89.1% decrease from FY25.
- Q4 FY26 consolidated operational income stood at INR 8,446 Mn, a 1.8% decrease compared to Q4 FY25.
- FY26 consolidated EBITDA margin was 4.79%, a reduction of 495 Bps from the previous fiscal year.
- Total consolidated order backlog as of Q4 FY26 was INR 43,050 Mn, with Q4 FY26 order intake at INR 6,580 Mn.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Operational Income (Q4 FY26)
INR 8,446 Mn
(1.8)%
Consolidated Net Profit (Q4 FY26)
INR 116 Mn
(70.9)%
Consolidated Operational Income (FY26)
INR 31,679 Mn
(1.9)%
Consolidated Net Profit (FY26)
INR 238 Mn
(89.1)%
Consolidated EBITDA Margins (FY26)
4.79%
(495) Bps
Consolidated Order Backlog (Q4 FY26)
INR 43,050 Mn
🏢 How This Affects the Company
The slowdown in Greenfield ethanol projects due to overcapacity and funding challenges in international 1G ethanol markets impacted the Bioenergy segment. However, new opportunities are emerging from data centers for GenX and semiconductor/EV battery segments for High Purity Solutions.
Consolidated net profit significantly decreased for both Q4 FY26 and full year FY26. Consolidated EBITDA margins also compressed by 600 Bps in Q4 FY26 and 495 Bps in FY26, indicating lower profitability from core operations.
The company completed FEED engineering for its first commercial-scale Ethanol to SAF plant and established an Advanced Precision Fermentation Lab at Praj Matrix, aligning with future fuel and chemical solutions.
The reported overcapacity in domestic 1G ethanol and funding challenges in international 1G ethanol markets represent a continued business risk for the largest segment, Bioenergy.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results presentation.
👤
Who Is Affected
All shareholders are affected by the reported decrease in consolidated net profits and operational income for Q4 and full year FY26.
🔍
Management Signal
The management presentation acknowledges challenges in 1G domestic and international ethanol markets while highlighting strategic initiatives in SAF, GenX, and High Purity Solutions.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — assess consolidated operational income and net profit trends.
Updates on 1G domestic ethanol market conditions and project pipeline.
Progress on new opportunities in SAF, GenX data centers, and semiconductor segments.
MEDIUM RISK
Significant declines in profitability and margins, coupled with market challenges in the core Bioenergy segment.
💡 Investor Takeaway
Praj Industries reported a Q4 FY26 consolidated net profit of INR 116 Mn, a 70.9% YoY decrease, and an FY26 consolidated net profit of INR 238 Mn, down 89.1% YoY. Consolidated EBITDA margins reduced to 2.76% in Q4 FY26 and 4.79% for FY26. The consolidated order backlog stands at INR 43,050 Mn.
⚖️ Strengths & Concerns
✅ Positives
- The consolidated order backlog as of Q4 FY26 remains substantial at INR 43,050 Mn, providing revenue visibility.
- Other income for the standalone entity increased by 89.8% YoY to INR 315 Mn in Q4 FY26, contributing to overall profitability.
⚠️ Concerns
- Consolidated net profit for Q4 FY26 significantly decreased by 70.9% YoY to INR 116 Mn, indicating a sharp decline in quarterly earnings.
- Full year FY26 consolidated EBITDA margin contracted by 495 Bps to 4.79% from 9.74% in FY25, reflecting reduced operational efficiency.
📅 Company Track Record
Praj Industries reported audited FY26 results with unmodified auditor opinion on May 28, 2026. The company's 5-Year Revenue CAGR is 19% and 5-Year EBITDA CAGR is 6% as noted in the presentation.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Praj Industries' consolidated net profit in Q4 FY26?
Praj Industries reported a consolidated net profit of INR 116 Mn in Q4 FY26, which is a 70.9% decrease compared to Q4 FY25.
What was the full year consolidated operational income for Praj Industries in FY26?
The consolidated operational income for Praj Industries for the full year FY26 was INR 31,679 Mn, a 1.9% decrease from FY25.
What is Praj Industries' consolidated order backlog as of Q4 FY26?
Praj Industries' consolidated order backlog as of the end of Q4 FY26 stood at INR 43,050 Mn.
How did Praj Industries' consolidated EBITDA margins perform in FY26?
Praj Industries' consolidated EBITDA margin for FY26 was 4.79%, representing a decrease of 495 Bps from the 9.74% reported in FY25.
Questions based on this BSE filing only. For information purposes.