Praj Industries Limited · NSE:PRAJIND
Praj Industries — Q4 FY25 Earnings Presentation
26 slides from Praj Industries's earnings presentation, Apr 30, 2025
Slide 1: Exchange filing cover letter for investor presentation
Date: 30th April, 2025 Ref.: PIL/ANB/L-016/2025-26 Company Code – PRAJIND Security Code No.: 522205 National Stock Exchange of India Ltd. BSE Ltd. th Exchange Plaza, 5 Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, 25th Floor, Bandra (East), Mumbai - 400 051 Dalal Str
Slide 2: Earnings Presentation – Q4-FY25/FY25
Earnings Presentation – Q4-FY25/FY25
Slide 3: Company at a Glance
Company at a Glance 2021 41 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-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 • Praj Industries Ltd. (Praj) has grown to become one of the most reputed 30,000 20.00% and technologically advanced biote
Slide 5: Business Segments
Business Segments High Purity Solutions Water Systems Modular Process Systems Value Added Services Bio Energy 1G & 2G Ethanol Plants Services Compressed Bio-Gas Future Fuels: SAF, Marine Biofuel, Bio Hydrogen etc. Engineering Businesses Critical process equipment & Modularization GenX Brewery and be
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-FY25/FY25 Financial Overview
Q4-FY25/FY25 Financial Overview
Slide 8: Q4-FY25/FY25 Financial Highlights
Q4-FY25/ FY25 Financial Highlights Q4-FY25 Performance (Standalone) Q4-FY25 Performance (Consolidated) INR 7,011 Mn INR 784 Mn 11.18 % INR 8,597 Mn INR 739 Mn 8.60 % Operating Income Operating EBITDA EBITDA Margins Operating Income Operating EBITDA EBITDA Margins (16.5)% YoY (21.7) % YoY (75) Bps Yo
Slide 9: Quarterly Financial Performance Trend (Consolidated)
Quarterly Financial Performance Trend (Consolidated) Revenues (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 12,000 1,400 1000 1,307 919 10,186 900 842 10,000 1,200 8,530 8,597 800 8,162 1,000 920 8,000 6,991 862 700 800 727 739 600 538 6,000 500 411 398 600 400 4,000 400 300 2,000 200 200 100 - - 0 Q4-FY24
Slide 10: Segmental Revenue (Consolidated)
Segmental Revenue (Consolidated) Bio Energy (INR Mn) Engineering (INR Mn) HiPurity (INR Mn) R 2,074 1,210 6,945 1,166 E V E 5,920 1,460 N U E Q4-FY24 Q4-FY25 Q4-FY24 Q4-FY25 Q4-FY24 Q4-FY25 Bio Energy (INR Mn) Engineering (INR Mn) HiPurity (INR Mn) R 25,656 6,370 3,110 6,085 2,920 E 22,790 V E N U E
Slide 11: Order Intake & Order Backlog
Order Intake & Order Backlog Order Intake (At the end of each quarter, Values in INR. Mn) Q4-FY25 Segmental Order Intake – INR 10,320 Mn Q4-FY25 Geographical Order Intake 11000 1.2 10,530 10500 10,320 1 10000 0.8 Engineering, 9500 0.6 21% 9,240 9,210 Export, 39% 9000 8,880 0.4 HiPurity, 9% Domestic,
Slide 12: Financial Performance Highlights
Financial Performance Highlights Q4 FY25 ✓ International order book at 39% of Q4 FY25 order book. ✓ Continued liquidity challenges in the market and resultant execution cycle extension reflected in revenue for the quarter. ✓ Improvement in margin (after cost of material and direct expenses) by 2.3%
Slide 13: Q4 FY25 Operational and Industry Highlights (1/2)
Q4 FY25 Operational and Industry Highlights (1/2) 1G Domestic: ✓ EBP20 Achieved. ✓ Focus on offering solutions for production of co-products, improving plant yields and performance efficiencies that will enhance value for the customers. ✓ Liquidity challenge in domestic ethanol market resulting in d
Slide 14: Q4 FY25 Operational and Industry Highlights (2/2)
Q4 FY25 Operational and Industry Highlights (2/2) CBG: ✓ Agreement to set up a CBG project of 36 TPD capacity with an industry leader in South India. The project will be one of the largest single location facilities in the country. ✓ Praj signed term sheet with BPCL for developing 10 CBG projects un
Slide 15: Quarterly Financial Performance - Standalone
Quarterly Financial Performance - Standalone Particulars (INR Mn) Q4-FY25 Q4-FY24 Y-o-Y Q3-FY25 Q-o-Q Operational Income 7,011 8,393 (16.5)% 7,394 (5.2)% Expenses 6,227 7,392 (15.8)% 6,678 (6.8)% EBITDA 784 1,001 (21.7)% 716 9.5% EBITDA Margins (%) 11.18% 11.93% (75) Bps 9.68% 150 Bps Other Income 1
Slide 16: YTD Financial Performance - Standalone
YTD Financial Performance - Standalone Particulars (INR Mn) FY25 FY24 Y-o-Y Operational Income 27,447 29,896 (8.2)% Expenses 24,349 26,534 (8.2)% EBITDA 3,098 3,362 (7.9)% EBITDA Margins (%) 11.29% 11.25% 4 bps Other Income 609 685 (11.1)% Depreciation 452 360 25.6% Interest 40 40 NA Profit Before E
Slide 17: Quarterly Financial Performance - Consolidated
Quarterly Financial Performance - Consolidated Particulars (INR Mn) Q4-FY25 Q4-FY24 Y-o-Y Q3-FY25 Q-o-Q Operational Income 8,597 10,186 (15.6)% 8,530 0.8% Expenses 7,858 8,879 (11.5)% 7,803 0.7% EBITDA 739 1,307 (43.5)% 727 1.7% EBITDA Margins (%) 8.60% 12.83% (423) Bps 8.52% 8 Bps Other Income 116
Slide 18: YTD Financial Performance - Consolidated
YTD Financial Performance - Consolidated Particulars (INR Mn) FY25 FY24 Y-o-Y Operational Income 32,280 34,663 (6.9)% Expenses 29,032 30,784 (5.7)% EBITDA 3,248 3,879 (16.3)% EBITDA Margins (%) 10.06% 11.19% (113) Bps Other Income 508 435 16.8% Depreciation 864 441 95.9% Interest 188 98 91.8% Profit
Slide 19: Historical Financial Overview
Historical Financial Overview
Slide 20: Historical Standalone Financial Performance
Historical Standalone Financial Performance Particulars (INR Mn) FY21 FY22 FY23 FY24 FY25 Operational Income 10,885 20,623 31,526 29,896 27,447 Expenses 9,936 18,782 28,629 26,534 24,349 EBITDA 949 1,841 2,897 3,362 3,098 EBITDA Margins (%) 8.72% 8.93% 9.19% 11.25% 11.29% Other Income 232 517 506 68
Slide 21: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 Particulars (INR Mn) FY23 FY24 FY25 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 2,174 2,359 2,361 Capital Work in progress 66 22 134 Share Capital 367 368 368 Investment Property 137 - - O
Slide 22: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY21 FY22 FY23 FY24 FY25 Operational Income 13,047 23,433 35,280 34,663 32,280 Expenses 11,923 21,374 32,101 30,784 29,032 EBITDA 1,124 2,059 3,179 3,879 3,248 EBITDA Margins (%) 8.62% 8.79% 9.01% 11.19% 10.06% Other Income 257 241 3
Slide 23: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 Particulars (INR Mn) FY23 FY24 FY25 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 2,366 4,072 4,465 Share Capital 367 368 368 Capital Work in progress 69 32 173 Investment Property 137 - -
Slide 24: 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 3,000 2,000 15.00% 2,500 1,502 20,000 2,059 1,500 13,047 2,000 8.62%
Slide 25: Capital Market Data
Capital Market Data 1-Year Stock Performance up to 31st March 2025 70.00% 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% -10.00% -20.00% Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Praj Industries Sensex Shareholding Pattern (As on 31st March 2025) Dividend P
Slide 26: 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