Praj Industries Q4 FY26 results (Jan–Mar 2026) and concall

Capital Goods · Concall AI · Call held 29 May 2026

Company page: Praj Industries share price, financials & guidance record

Praj Industries reported a challenging Q4 and FY26 with significant declines in profitability, primarily due to external headwinds, extended project execution cycles, and investments in new businesses like Praj GenX. Despite these challenges, the company maintains a robust order backlog of ₹43,050 million and sees strong tailwinds from India's accelerating biofuels ecosystem and new opportunities in data center solutions. Management expressed confidence that the worst of the margin pressures are behind them and anticipates improved performance in FY27.

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What they filed

Q4 FY26: revenue down 1.7%, net profit down 70.0% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	816	853	860	640	842 +3%	841 −1%	845 −2%
Expenses	730	780	784	609	786	800	821
EBITDA	86	73	75	31	56 −35%	41 −44%	23 −69%
Margin	11%	9%	9%	5%	7%	5%	3%
Other income	14	14	10	9	5	-23	33
Interest	5	4	5	5	5	5	5
Depreciation	21	23	22	25	27	27	27
Profit before tax	74	59	58	10	30 −59%	-13 −122%	24 −59%
Tax rate	28%	30%	32%	44%	35%	-4%	51%
Net profit	54	41	40	5	19 −65%	-12 −129%	12 −70%
EPS	2.93	2.24	2.17	0.29	1.05	-0.67	0.63

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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