Praj Industries Limited · NSE:PRAJIND
Praj Industries — Investor Presentation (March 2026)
33 slides from Praj Industries's investor presentation, Mar 2, 2026
Slide 1: Investor Presentation cover letter to stock exchanges
Date: 2nd March, 2026 Ref.: PIL/ANB/L106/2025-26 Company Code – PRAJIND Security Code No.: 522205 National Stock Exchange of India BSE Ltd. Ltd. Phiroze Jeejeebhoy Towers, 25th Floor, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Mumbai - 400 001 G Block, Bandra-Kurla Complex, Bandra (East)
Slide 2: Investor Presentation – February 2026
Investor Presentation – February 2026
Slide 3: Company at a Glance
Company at a Glance 2021 42 Years of Legacy Presence across 1800+ 90+ research 5 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-Ye
Slide 4: Company Overview
Company Overview
Slide 5: 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 32,280 • Praj Industries Ltd. (Praj) has grown to become one of the most reputed 30,000 20.00% and technologically advanced biote
Slide 6: Board of Directors (1/2)
Board of Directors (1/2) Dr. Pramod Chaudhari – Chairman As a first-generation techno-entrepreneur, Dr. Chaudhari founded Praj in 1983. He dreamt and developed Praj into a world-class engineering company specialized in Agri-processing opportunities. Deeply passionate about Bio-economy and Environmen
Slide 7: Board of Directors (2/2)
Board of Directors (2/2) Mr. Vinayak Deshpande – Independent Director Mr. Utkarsh Palnitkar – Independent Director Mr. Vinayak is a graduate in Chemical Engineering from IIT, Kharagpur. He has over 44 Mr. Utkarsh is a Chartered Accountant and has completed the Advanced Management years’ of experienc
Slide 8: Leadership Team (1/2)
Leadership Team (1/2) Mr. Venkatesh Rao (Business Head , Liquid Biofuels) Mr. Abhijit Dani (Chief Business Officer and WTD of Praj GenX Ltd) Mr. Venkatesh Rao heads Liquid Biofuels (1G and 2G) business. Venkatesh holds a Post Mr. Abhijit Dani is a Vice President and Business Unit Head of Process Equ
Slide 9: Leadership Team (2/2)
Leadership Team (2/2) Mr. Atul Mulay (President, Corporate Strategy) Dr. Pramod Kumbhar (Chief Technology Officer, Praj Matrix) Mr. Atul Mulay is working as President, Strategic Communication & Market Creation. He is Dr. Pramod Kumbhar works as President and Chief Technology Officer of Praj matrix -
Slide 10: Key Milestones
Key Milestones 1983-90 1991-98 1999-2007 2008-14 2015-20 2021-24 2025 • Inception: 1983 • Listing on BSE, NSE • Entered South • Set up PRAJ Matrix • Iconic George • Ranked 2nd Hottest company in • Entered into a JV agreement in 1994 American, – R&D Centre Washington Carver the Bio-economy for 2021 w
Slide 11: Manufacturing Facilities
Manufacturing Facilities 6 Pune Unit Mumbai Unit Kandla SEZ Manglore SEZ • Infrastructure for SS, Copper and • Exclusively for HiPurity Systems • Stainless steel, Alloy & carbon • State of the art manufacturing LAS (Low Alloy Steel) • Systems /equipment comply with steel products and Modular skids f
Slide 12: Award & Accolades
Award & Accolades 2017 Individual: Dr. Pramod Chaudhari Corporate: • Ranked 35 in ‘Globally Top 100 People List’ in Bioenergy space by Biofuels Digest • Ranked No.1 among the “Best Places to Work in the advanced bioeconomy 2020” Corporate: • CII Innovation Award 2020 in Manufacturing Large Enterpris
Slide 13: 1000++ References in 100+ countries
1000++ References in 100+ countries across all 6 continents.. And Still counting Europe Asia Americas India Africa Praj Industries Limited 12
Slide 14: Key Partnerships
Key Partnerships Areas Partnerships/Associations Key Objective Co-development, Academic Research IISER Pune Pune University IIT, Bombay ICT, Mumbai NCL, Pune Business growth, Market Expansion Brazil Finland Denmark Re-define India’s Customer 2G Ethanol Market Keeping Technology Technology USA USA Sw
Slide 15: Business Overview
Business Overview
Slide 16: 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 GenX - Critical process equipment & Modularization Brewery and beverages
Slide 17: Bio Energy
Bio Energy Bio Products & Services • Offers innovative formulations that add “economic value” to biochemical processes. These are formulated using useful bacteria, yeasts, fungi, enzymes, anti-microbials and nutrition biomolecules. • Operations & Maintenance as a services for ethanol plants • Carbon
Slide 18: Bio Energy
Bio Energy Renewable Natural Gas • Gevo, Inc. will license its technology and Praj will provide • Developed and commercialised a proprietary renewable gas technology, plant equipment and EPC services to refineries for technology – RenGasTM, for production of compressed biogas converting renewable is
Slide 19: Engineering
Engineering Critical Process Equipment and Modularization Brewery and beverages Engineering – Revenues (INR Mn) 6,820 • Offering a range of static equipment such as pressure vessels, • Since its inception in 1994, the brewery division has been offering 6,085 6,370 5,556 reactors, shell & tube heat e
Slide 20: High Purity Solutions
High Purity Solutions Water Systems Modular Process Systems • HiPurity Systems Limited (a wholly-owned subsidiary) • The Modular Process Systems Business Line provides solutions provides value added and end-to-end integrated solutions to to Pharma/Lifescience clients for a variety of applications in
Slide 21: Praj Matrix - R&D
Praj Matrix - R&D CENTRE OF EXCELLENCE • The backbone of the company’s technology development is Praj Matrix, the Innovation Centre. Bioprocess • It is a state-of-the-art facility certified by the Govt Technology of India’s Dept of Scientific and Industrial Research, equipped with 16 laboratories fo
Slide 22: Praj Matrix – Bio-Prism
Praj Matrix – Bio-Prism ® • Developing technologies for production of bio-based Renewable Chemicals and Materials (RCM) that are sustainable alternatives to products made from fossil resources. BIO-PRISM ® • Sugary, starchy and cellulosic agri-based feedstocks along with gases like biogas, methane a
Slide 23: Industry Overview
Industry Overview
Slide 24: Growth Drivers
Growth Drivers 1G International CBG • Low Carbon ethanol • Compressed Bio-Gas (CBG) Blending Obligation opportunity in USA (CBO) Starting from 1% in Fiscal Year 2025-26 and increasing to 5% by 2028-29 Domestic Demand for • Grain to ethanol opportunity • Government schemes to improve pipeline Ethanol
Slide 25: Investing in the Future
Investing in the Future New Manufacturing Facility @Mangalore Pilot Plant for Bioplastics Total Land Area 125 Acres Total covered area 1,385,000 sq. feet Open Yard 6,25,000 sq. feet Yard expansion (additional space available) 2,16,000 sq. feet Catalysis lab @ Praj Matrix R&D center Praj Industries L
Slide 26: CSR Initiatives – Impacting Lives at Bottom of the Pyramid
CSR Initiatives – Impacting Lives at Bottom of the Pyramid Environment Health Education Sustainable water resources development Preventive Healthcare for rural women Foundational Literacy & Entrepreneurship Development Program ▪ Preventive healthcare program implemented in ▪ Foundational literacy an
Slide 27: Financial Overview
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Slide 28: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY22 FY23 FY24 FY25 9M-FY26 Operational Income 23,433 35,280 34,663 32,280 23,233 Expenses 21,374 32,101 30,784 29,032 21,887 EBITDA 2,059 3,179 3,879 3,248 1,346 EBITDA Margins (%) 8.79% 9.01% 11.19% 10.06% 5.79% Other Income 241 35
Slide 29: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 4,072 4,465 4,686 Share Capital 368 368 368 Capital Work in progress 32 173 130 Investment Property
Slide 30: 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 32,280 4,000 2,398 2,500 3,500 3,179 3,248 20.00% 2,189 30,000 25,000 23,433 23,233 3,000 2,000 15.00% 2,500 1,502 20,000 2,059 1,500 2,000 10.00%
Slide 31: Order Intake & Order Backlog
Order Intake & Order Backlog Order Intake (At the end of each quarter, Values in INR. Mn) Q3-FY26 Segmental Order Intake – INR 9,140 Mn Q3-FY26 Geographical Order Intake 12000 1.2 10,530 10,320 10000 9,140 1 7,950 8,130 8000 0.8 6000 0.6 Export, 32% Engineering, Bioenergy, 4000 0.4 42% 45% Domestic,
Slide 32: Capital Market Data
Capital Market Data 1-Year Stock Performance up to 31st December 2025 20% 10% 0% -10% -20% -30% -40% -50% -60% -70%Jan-25 Jan-25 Mar-25 Apr-25 May-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Praj Industries Sensex Shareholding Pattern (As on 31st December 2025) Dividend Pay out ratio
Slide 33: 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