Praj Industries Limited · NSE:PRAJIND
Praj Industries — Q4 FY26 Earnings Presentation
24 slides from Praj Industries's earnings presentation, May 28, 2026
Slide 1: Cover letter to stock exchanges: Investor Presentation
Date: 28th May, 2026 Ref.: PIL/ANB/L-015/2026-27 Company Code – PRAJIND Security Code No.: 522205 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, 25th Floor, G Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East)
Slide 2: Earnings Presentation – Q4-FY26/FY26
Earnings Presentation – Q4-FY26/FY26
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 5-Y
Slide 4: 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 31,679 • Praj Industries Ltd. (Praj) has grown to become one of the most reputed 30,000 20.00% and technologically advance
Slide 5: 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 Fuels: SAF, Marine Biofuel, Bio Hydrogen etc. Engineering Businesses Critical process equipment & Modularization GenX Brewery and beverages R
Slide 6: Global presence: 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 5
Slide 7: Q4-FY26/FY26 Financial Overview
Q4-FY26/FY26 Financial Overview
Slide 8: Q4-FY26/FY26 Financial Highlights
Q4-FY26/ FY26 Financial Highlights Q4-FY26 Performance (Standalone) Q4-FY26 Performance (Consolidated) INR 6,928 Mn INR 344 Mn 4.97% INR 8,446 Mn INR 233 Mn 2.76% Operating Income Operating EBITDA EBITDA Margins Operating Income Operating EBITDA EBITDA Margins (1.2)% YoY (55.4)% YoY (604) YoY (1.8)%
Slide 9: Quarterly Financial Performance Trend (Consolidated)
Quarterly Financial Performance Trend (Consolidated) Revenues (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 10,000 800 753 500 9,000 8,597 8,416 8,415 8,446 398 700 400 8,000 600 559 7,000 6,402 300 500 6,000 413 193 200 5,000 400 314 116 4,000 300 100 53 233 3,000 200 0 2,000 Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY2
Slide 10: Segmental Revenue (Consolidated)
Segmental Revenue (Consolidated) Bio Energy (INR Mn) Engineering (INR Mn) HiPurity (INR Mn) R 6,230 1,460 1,210 E 1,380 5,920 V E 840 N U E Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 Q4-FY25 Q4-FY26 Bio Energy (INR Mn) Engineering (INR Mn) HiPurity (INR Mn) R 3,326 22,790 6,936 3,100 E 21,423 6,380 V E N U E F
Slide 11: Order Intake & Order Backlog
Order Intake & Order Backlog Order Intake (At the end of each quarter, Values in INR. Mn) Q4-FY26 Segmental Order Intake – INR 6,580 Mn Q4-FY26 Geographical Order Intake 12000 Engineering, 10,320 2% 10000 9,140 7,950 8,130 HiPurity, 8000 6,580 12% Export, 21% 6000 4000 2000 0 Bioenergy, Domestic, Q4
Slide 12: Q4-FY26/FY26 Operational and Industry Highlights
Q4-FY26/FY26 Operational and Industry Highlights 1G Domestic − Overcapacity of ethanol resulting in slowdown for Greenfield projects; Good enquiry basket for Opex reduction solutions, Distillers Corn Oil (DCO) Modules; − The Bureau of Indian Standards notified fuel specifications for E22, E25, E27,
Slide 13: Quarterly Financial Performance - Standalone
Quarterly Financial Performance - Standalone Particulars (INR Mn) Q4-FY26 Q4-FY25 Y-o-Y Q3-FY26 Q-o-Q Operational Income 6,928 7,011 (1.2)% 6,969 (0.6)% Expenses 6,584 6,239 5.5% 6,476 1.7% EBITDA 344 772 (55.4)% 493 (30.2)% EBITDA Margins (%) 4.97% 11.01% (604) Bps 7.07% (210) Bps Other Income 315
Slide 14: YTD Financial Performance - Standalone
YTD Financial Performance - Standalone Particulars (INR Mn) FY26 FY25 Y-o-Y Operational Income 25,859 27,447 (5.8)% Expenses 24,113 24,464 (1.4)% EBITDA 1,746 2,983 (41.5)% EBITDA Margins (%) 6.75% 10.87% (412) Bps Other Income 720 723 (0.4)% Depreciation 544 452 20.4% Interest 62 39 59.0% Profit Be
Slide 15: Quarterly Financial Performance - Consolidated
Quarterly Financial Performance - Consolidated Particulars (INR Mn) Q4-FY26 Q4-FY25 Y-o-Y Q3-FY26 Q-o-Q Operational Income 8,446 8,597 (1.8)% 8,415 0.4% Expenses 8,213 7,844 4.7% 8,002 2.6% EBITDA 233 753 (69.1)% 413 (43.6)% EBITDA Margins (%) 2.76% 8.76% (600) Bps 4.91% (215) Bps Other Income 245 1
Slide 16: YTD Financial Performance - Consolidated
YTD Financial Performance - Consolidated Particulars (INR Mn) FY26 FY25 Y-o-Y Operational Income 31,679 32,280 (1.9)% Expenses 30,161 29,135 3.5% EBITDA 1,518 3,145 (51.7)% EBITDA Margins (%) 4.79% 9.74% (495) Bps Other Income 504 608 (17.1)% Depreciation 1056 864 22.2% Interest 203 185 9.7% Profit
Slide 17: Historical Financial Overview
Historical Financial Overview
Slide 18: Historical Standalone Financial Performance
Historical Standalone Financial Performance Particulars (INR Mn) FY22 FY23 FY24 FY25 FY26 Operational Income 20,623 31,526 29,896 27,447 25,859 Expenses 18,782 28,629 26,534 24,464 24,113 EBITDA 1,841 2,897 3,362 2,983 1,746 EBITDA Margins (%) 8.93% 9.19% 11.25% 10.87% 6.75% Other Income 517 506 685
Slide 19: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR Mn) FY24 FY25 FY26 Particulars (INR Mn) FY24 FY25 FY26 ASSETS EQUITY AND LIABILITIES Non-Current Assets Property, Plant & Equipment 2,359 1,950 2,117 Equity Capital Work in progress 22 134 14 Share Capital 368 368 368 Right-of-use assets - 410 425
Slide 20: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY22 FY23 FY24 FY25 FY26 Operational Income 23,433 35,280 34,663 32,280 31,679 Expenses 21,374 32,101 30,784 29,135 30,161 EBITDA 2,059 3,179 3,879 3,145 1,518 EBITDA Margins (%) 8.79% 9.01% 11.19% 9.74% 4.79% Other Income 241 356 43
Slide 21: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY24 FY25 FY26 Particulars (INR Mn) FY24 FY25 FY26 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 4,072 2,265 2,943 Share Capital 368 368 368 Capital Work in progress 32 173 56 Right-of-use assets 1,800 1
Slide 22: 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 31,679 4,000 2,398 2,500 3,500 3,179 20.00% 2,189 30,000 3,145 25,000 23,433 3,000 2,000 15.00% 2,500 1,502 20,000 2,059 1,500 2,000 15,000
Slide 23: Capital Market Data
Capital Market Data 1-Year Stock Performance up to 31st March 2026 20.00% 10.00% 0.00% -10.00% -20.00% -30.00% -40.00%Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 -50.00% -60.00% Praj Industries Sensex Shareholding Pattern (As on 31st March 2026) Dividend Pay o
Slide 24: 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