Praj Industries Limited · NSE:PRAJIND
Praj Industries — Q1 FY2025 Earnings Presentation
23 slides from Praj Industries's earnings presentation, July 2024
Slide 1: Earnings Presentation – Q1-FY25
Earnings Presentation – Q1-FY25
Slide 2: Company at a Glance
Company at a Glance 2021 40 Years of Legacy Presence across 1800+ 90+ research 4 manufacturing 100+ countries employees scientists facilities 400+ 40%+ business from ~10% 1000++ 400 + patents repeat customers Global ethanol production References/plants overseas references market share* worldwide 3-Y
Slide 3: Company Overview
Company Overview • Incorporated in 1983 under the visionary leadership of technocrat Operational Revenue (INR Mn) Dr. Pramod Chaudhari. 40,000 35,280 34,663 25.00% 35,000 • Praj Industries Ltd. (Praj) has grown to become one of the most reputed 30,000 20.00% and technologically advanced biotechnolog
Slide 4: Business Segments
Business Segments High Purity Solutions Water Systems Modular Process Systems Value Added Services Bio Energy 1G & 2G Ethanol Plants Compressed Bio-Gas Future Fuel: SAF, Marine Biofuel, Bio Hydrogen etc. Engineering Businesses Critical process equipment & Modularization GenX Brewery and beverages R&
Slide 5: 1000++ References in 100+ countries across all continents
1000++ References in 100+ countries across all 6 continents.. And Still counting Europe Asia Americas India Africa Praj Industries Limited 5
Slide 6: Q1-FY25 Financial Overview
QU-FY25 pe - Financial » Overview vA) | lt .
Slide 7: Q1-FY25 Financial Highlights
Q1-FY25 Financial Highlights Q1-FY25 Performance (Standalone) Q1-FY25 Performance (Consolidated) INR 6,007 Mn INR 860 Mn 14.32% INR 6,991 Mn INR 920 Mn 13.16% Operating Income Operating EBITDA EBITDA Margins Operating Income Operating EBITDA EBITDA Margins (7.6)% YoY 36.5% YoY 463 Bps YoY (5.1)% YoY
Slide 8: Quarterly Financial Performance Trend (Consolidated)
Quarterly Financial Performance Trend (Consolidated) Revenues (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 12,000 1400 1000 1,307 919 10,186 900 842 10,000 1200 8,824 800 8,286 975 704 7,367 1000 920 8,000 6,991 840 700 624 587 800 755 600 6,000 500 600 400 4,000 400 300 2,000 200 200 100 - 0 0 Q1-FY24 Q2-
Slide 9: Segmental Revenue (Consolidated)
Segmental Revenue (Consolidated) Bio Energy (INR Mn) Engineering (INR Mn) HiPurity (INR Mn) 1,420 530 R E 5,877 998 5,040 V E 491 N U E Q1-FY24 Q1-FY25 Q1-FY24 Q1-FY25 Q1-FY24 Q1-FY25 Praj Industries Limited 9
Slide 10: Order Intake & Order Backlog
Order Intake & Order Backlog Order Intake (At the end of each quarter, Values in INR. Mn) Q1-FY25 Segmental Order Intake – INR 8,880 Mn Q1-FY25 Geographical Order Intake 12000 1.2 11,010 10,630 10,370 10000 9,240 8,880 1 8000 0.8 6000 0.6 Engineering 38% Export 42% 4000 0.4 Domestic Bioenergy 58% 20
Slide 11: Q1-FY25 Operational and Industry Highlights
Q1-FY25 Operational and Industry Highlights 1G Domestic: ✓ Bulk of the order booking on the starchy feedstock (75%) ✓ Robust enquiry basket. Witnessed delays in order finalization and project completion owing to national election and continued restrictions on use of select feedstock ✓ Domestic inqui
Slide 12: Q1-FY25 Operational and Industry Highlights
Q1-FY25 Operational and Industry Highlights Energy Transition & Climate Action (ETCA): ✓ Completed first supply order from the GenX facility in Mangalore ✓ Significant order for engineering for modularization of a SAF Project in United States on ATJ Pathway ✓ Order for modularized solution for Carbo
Slide 13: Demonstration Plant for Biopolymers at Jejuri
Demonstration Plant for Biopolymers at Jejuri Praj Industries Limited 13
Slide 14: Quarterly Financial Performance - Standalone
Quarterly Financial Performance - Standalone Particulars (INR Mn) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Operational Income 6,007 6,499 (7.6)% 8,393 (28.4)% Expenses 5,147 5,869 (12.3)% 7,392 (30.4)% EBITDA 860 630 36.5% 1,001 (14.1)% EBITDA Margins (%) 14.32% 9.69% 463 bps 11.93% 239 bps Other Income
Slide 15: Quarterly Financial Performance - Consolidated
Quarterly Financial Performance - Consolidated Particulars (INR Mn) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Operational Income 6,991 7,367 (5.1)% 10,186 (31.4)% Expenses 6,071 6,612 (8.2)% 8,879 (31.6)% EBITDA 920 755 21.9% 1,307 (29.6)% EBITDA Margins (%) 13.16% 10.25% 291 bps 12.83% 33 bps Other Incom
Slide 16: Historical Financial Overview
Historical Financial Overview
Slide 17: Historical Standalone Financial Performance
Historical Standalone Financial Performance Particulars (INR Mn) FY21 FY22 FY23 FY24 Q1-FY25 Operational Income 10,885 20,623 31,526 29,896 6,007 Expenses 9,936 18,782 28,629 26,534 5,147 EBITDA 949 1,841 2,897 3,362 860 EBITDA Margins (%) 8.72% 8.93% 9.19% 11.25% 14.32% Other Income 232 517 506 685
Slide 18: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,875 2,174 2,359 Capital Work in progress 14 66 22 Share Capital 367 367 368 Investment Property 137 137 -
Slide 19: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY21 FY22 FY23 FY24 Q1-FY25 Operational Income 13,047 23,433 35,280 34,663 6,991 Expenses 11,923 21,374 32,101 30,784 6,071 EBITDA 1,124 2,059 3,179 3,879 920 EBITDA Margins (%) 8.62% 8.79% 9.01% 11.19% 13.16% Other Income 257 241 35
Slide 20: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 2,085 2,366 4,072 Share Capital 367 367 368 Capital Work in progress 14 69 32 Other Equity 8,790 10,413 12
Slide 21: Consolidated Historical Financial Trend
Consolidated Historical Financial Trend Revenue (INR Mn) OPERATING EBITDA (INR Mn) PAT (INR Mn) 40,000 4,500 25.00%3,000 2,834 35,280 34,663 3,879 35,000 4,000 2,500 2,398 30,000 3,500 3,179 20.00% 25,000 23,433 3,000 2,000 15.00% 2,500 1,502 2,059 13.16% 20,000 1,500 12.04% 2,000 15,000 13,047 10.0
Slide 22: Capital Market Data
Capital Market Data 1-Year Stock Performance up to 30th June 2024 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% -20.00% Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Praj Industries Sensex Shareholding Pattern (As on 30th June 2024) Dividend Pay out ratio (%) PRICE
Slide 23: Disclaimer
Disclaimer Praj Industries Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events