Praj Industries Q2 FY26 Earnings Results

Praj Industries Ltd., founded in 1983 is a leading biotechnology and engineering company globally. It offers sustainable solutions in bioenergy, water purification, process equipment, breweries, and wastewater treatment. Company is focused on the environment , energy and farm-to-fuel technology solution. Company has global offices in Thailand, Philippines, and the USA.

 

Q2 FY26 Earnings Results:

• Consolidated Revenue from Operations: ₹841.63 crore, up 3.1% YoY from ₹816.19 crore.

• EBITDA: ₹32 crore, down 62.9% YoY from ₹86.2 crore.

• EBITDA Margin: contracted by 675 basis points YoY to 3.81%.

• Profit After Tax (PAT): ₹19.3 crore, down 64.2% YoY from ₹53.8 crore.

• Profit Before Tax (PBT): ₹29.6 crore, down 60.2% YoY from ₹74.4 crore.

• Order intake during Q2: ₹813 crore, down from ₹921 crore YoY.

• The company registered the world’s first integrated Alcohol to Jet fuel (ATJ) plant in its demo plant.

• Cash flow from operations remained robust.

 

Management Commentary & Strategic Insights:

• Managing Director Ashish Gaikwad highlighted challenges in the domestic ethanol segment due to the achieved 20% ethanol blending target and uncertainties in US tariff impacting international markets.

• Despite challenges, operational focus remains strong with commitment to long-term growth aspirations.

• Company to focus on controllable factors in H2 FY26 with continued execution efforts and innovation, especially in sustainable aviation fuel (SAF) technology.

• Emphasis on capitalizing growth vectors and proactive cost management amid challenging external environment.

 

 

Q1 FY26 Earnings Results:

• Consolidated Revenue: ₹640.2 crore, down 8.4% YoY.

• PAT: ₹5.3 crore, down 93.6% YoY from ₹84.1 crore.

• Order Intake: ₹795 crore, indicating a strong future pipeline.

• Profit Before Tax (PBT): ₹9.61 crore, down sharply YoY.

• Prior quarter revenue benefitted from favorable market conditions prior to recent ethanol blending milestones.

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.