Praj Industries Limited is an Indian multinational process and project engineering company, headquartered in Pune, Maharashtra. The company also has offices in South Africa, North America, Latin America, the Caribbean, Thailand, and Philippines. What started off as an entrepreneurial venture three decades ago, is today India's most successful company in the field of bio-based technologies and engineering with presence all over the world. Headquartered in Pune, India, Praj has spread its presence across the globe with 1000++ References in 100+ countries across all 5 continents.
Praj was formed in 1983. The company went public in 1994 and is listed on the Bombay Stock Exchange and National Stock Exchange of India. Headquartered in India; Praj is listed on BSE and NSE. The company has established itself as a global leader in sustainable technology solutions with a strong commitment to environmental responsibility and circular economy principles.
Praj Industries operates through diversified business segments focused on sustainable solutions for various industries. Praj is a leading process solutions company with expertise in integrated offerings for bio-energy, high purity water solutions and engineering led businesses namely zero liquid discharge solutions, critical process equipment & systems and brewery plants.
With a humble beginning as a supplier of ethanol plants, today Praj is a globally leading company with a bouquet of sustainable solutions for bioenergy, high purity water, critical process equipment, breweries, and industrial wastewater treatment. The company's bioenergy division specializes in ethanol production technologies using various feedstocks including sugarcane, corn, and other agricultural materials, supporting the global transition to renewable energy sources.
Praj has been at the forefront in offering the most techno-commercially viable Technologies based on the foundational principle of 3Rs – Reduce, Recycle and Reuse. The Industrial Waste water treatment division of Praj offers comprehensive range of Basic to most advanced solutions for Industrial Effluent treatment, Recycling and Zero Liquid Discharge with > 98% Water and Resource Recovery to customers across sectors namely steel, power, chemicals, fertilizers, Food & Beverage, Textile, Tannery, Dairy, Pharmaceuticals.
Praj established a dedicated business unit in 2008 to offer Critical Process Equipment & Systems to various process industries such as Oil & Gas, Refining, Petrochemicals, Fertilizers, Chemicals, Food, Pharma and Biotech. Praj offers a range of static equipment like pressure vessels, reactors, shell and tube heat exchangers, columns, and other proprietary equipment built as per the client design.
The company provides comprehensive solutions for the brewery and beverage industry, including process technology, engineering, and turnkey solutions for beverage production facilities worldwide.
With the goal of providing environment-friendly solutions for a future perfect world, Praj established Matrix – R&D centre in the very first decade of its inception. Praj Matrix is the common innovation engine for all business units of Praj Industries. Each business unit strives to stay ahead of competition through continuous investment in cutting-edge technology & product research carried out at Praj Matrix. Sustainability is at the core of Praj's solutions driven by ably supported by its state-of-the-art R&D Centre - Matrix and manufacturing facilities.
Its manufacturing facilities are at 4 locations – in Sanaswadi, near Pune; Kandla, Port in Gujarat and Wada, Thane District. The company's global expansion strategy has been supported by strategic acquisitions and partnerships, enabling it to serve customers across diverse geographical markets effectively.
As of the latest available data, The market capitalization of Praj Industries Ltd (PRAJIND) is ₹9,198.01 Crore as of June 25, 2025. The company has demonstrated significant growth over the years, though recent performance has shown some challenges.
For FY25, net profit declined 22.74% to ₹218.91 Crore in the year ended March 2025, as against ₹283.36 Crore during the previous year ended March 2024. Sales declined 6.87% to ₹3,228.04 Crore in the year ended March 2025, as against ₹3,466.28 Crore during the previous year ended March 2024.
For Q4 FY25, Net profit of Praj Industries declined 56.70% to ₹39.81 Crore in the quarter ended March 2025, as against ₹91.93 Crore during the previous quarter ended March 2024. Sales declined 15.60% to ₹859.68 Crore in the quarter ended March 2025, as against ₹1,018.56 Crore during the previous quarter ended March 2024.
However, the company maintains a strong order book with The consolidated order backlog as on March 31, 2025, stood at ₹4,293 Crore (FY24 order backlog at ₹3,855 Crore).
Praj Industries continues to focus on expanding its global footprint and strengthening its position in the bioeconomy sector. International order book constitutes 39% of Q4 FY25 order book. This demonstrates the company's success in diversifying its revenue streams across international markets.
The company has been actively pursuing partnerships and contracts in sustainable energy projects. Recent developments include significant partnerships for biofuel projects and collaborations with international organizations to advance sustainable aviation fuel initiatives.
Praj is a recipient of the DSIR National Award in 2005 for outstanding In-House R&D Achievements. The company has received multiple industry awards for its contributions to biotechnology and sustainable engineering solutions.
The board proposed a final dividend of ₹6 per equity share for the financial year ended March 31, 2025. This reflects the company's commitment to returning value to shareholders while maintaining investment in growth initiatives.
Praj Industries remains well-positioned to capitalize on the growing global demand for sustainable technology solutions, driven by increasing environmental regulations and the worldwide shift toward renewable energy sources. The company's diverse portfolio, strong R&D capabilities, and global presence provide a solid foundation for future growth in the evolving bioeconomy landscape.
