Praj Industries shares fall over 5% today as Q4 net profit slumps 57% on weak demand, higher costs
Shares of Praj Industries Ltd declined sharply by 5.18% to Rs 482.00 on Tuesday after the company reported a significant drop in its Q4 FY25 earnings. The Pune-based bioenergy and plant engineering firm posted a 56.7% year-on-year fall in consolidated net profit to Rs 39.8 crore for the quarter ended March 2025, compared to Rs 91.9 crore in the same period last year.
Revenue from operations also declined 15.6% to Rs 859.7 crore from Rs 1,018.6 crore in Q4 FY24. The company attributed the weak performance to sluggish demand, slower project execution, and elevated input costs. EBITDA stood at Rs 73.8 crore, down 43.5% YoY, with margins contracting to 8.6% from 12.8% a year ago. Profit before tax fell by over 50% to Rs 58.3 crore.
Despite the disappointing quarterly results, Praj reported a robust order inflow of Rs 1,032 crore in Q4 and an order backlog of Rs 4,293 crore as of March 31, 2025, up from Rs 3,855 crore in the previous year. For the full year FY25, revenue dropped to Rs 3,228 crore and net profit declined to Rs 218.9 crore.
The company's Board has proposed a final dividend of Rs 6 per share, subject to shareholder approval. CEO Shishir Joshipura remained optimistic about the long-term outlook, highlighting progress in the energy transition space and readiness of the GenX facility to serve global demand.
As of 9:23 AM, the stock was trading near the lower end of its day's range of Rs 472 to Rs 488. The company's market cap stood at Rs 8,841 crore.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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