Praj Industries Limited
Praj Industries Limited operates in the field of bio-based technologies and engineering in India and internationally. The company offers solutions for the ethanol industry, including multi-feed multi-product plants, modernization of existing plants, and renewable fuels comprising BioCNG, iso-butanol, etc.; and high purity system solutions for the biopharma industry, sterile formulations, topical … Read more
Praj Industries Limited (PRAJIND) - Net Assets
Latest net assets as of September 2025: ₹13.01 Billion INR
Based on the latest financial reports, Praj Industries Limited (PRAJIND) has net assets worth ₹13.01 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹32.33 Billion) and total liabilities (₹19.32 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹13.01 Billion |
| % of Total Assets | 40.25% |
| Annual Growth Rate | 19.07% |
| 5-Year Change | 72.2% |
| 10-Year Change | 108.94% |
| Growth Volatility | 45.93 |
Praj Industries Limited - Net Assets Trend (2005–2025)
This chart illustrates how Praj Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Praj Industries Limited (2005–2025)
The table below shows the annual net assets of Praj Industries Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹13.82 Billion | +8.42% |
| 2024-03-31 | ₹12.75 Billion | +18.23% |
| 2023-03-31 | ₹10.78 Billion | +17.64% |
| 2022-03-31 | ₹9.16 Billion | +14.19% |
| 2021-03-31 | ₹8.03 Billion | +11.47% |
| 2020-03-31 | ₹7.20 Billion | -3.45% |
| 2019-03-31 | ₹7.46 Billion | +2.60% |
| 2018-03-31 | ₹7.27 Billion | +2.38% |
| 2017-03-31 | ₹7.10 Billion | +7.34% |
| 2016-03-31 | ₹6.61 Billion | +3.83% |
| 2015-03-31 | ₹6.37 Billion | +5.48% |
| 2014-03-31 | ₹6.04 Billion | +1.47% |
| 2013-03-31 | ₹5.95 Billion | +2.81% |
| 2012-03-31 | ₹5.79 Billion | +3.57% |
| 2011-03-31 | ₹5.59 Billion | +5.16% |
| 2010-03-31 | ₹5.32 Billion | +21.44% |
| 2009-03-31 | ₹4.38 Billion | +24.82% |
| 2008-03-31 | ₹3.51 Billion | +124.89% |
| 2007-03-31 | ₹1.56 Billion | +188.28% |
| 2006-03-31 | ₹540.84 Million | +28.37% |
| 2005-03-31 | ₹421.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Praj Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1137001500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹11.37 Billion | 82.29% |
| Common Stock | ₹367.63 Million | 2.66% |
| Other Comprehensive Income | ₹1.00 Billion | 7.25% |
| Other Components | ₹1.08 Billion | 7.81% |
| Total Equity | ₹13.82 Billion | 100.00% |
Praj Industries Limited Competitors by Market Cap
The table below lists competitors of Praj Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mativ Holdings Inc.
NYSE:MATV
|
$431.73 Million |
|
Minda Corporation Limited
NSE:MINDACORP
|
$431.76 Million |
|
D I Corp
KO:003160
|
$431.82 Million |
|
China Education Group Holdings Limited
PINK:CEGHF
|
$431.82 Million |
|
Jinhe Biotechnology Co Ltd
SHE:002688
|
$431.62 Million |
|
Zhejiang Taihua New Material
SHG:603055
|
$431.33 Million |
|
Public Property Invest AS
OL:PUBLI
|
$431.20 Million |
|
City Development Environment Co Ltd
SHE:000885
|
$431.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Praj Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,744,699,000 to 13,817,671,000, a change of 1,072,972,000 (8.4%).
- Net income of 2,189,101,000 contributed positively to equity growth.
- Dividend payments of 1,102,194,000 reduced retained earnings.
- Other comprehensive income increased equity by 971,042,000.
- Other factors decreased equity by 984,977,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.19 Billion | +15.84% |
| Dividends Paid | ₹1.10 Billion | -7.98% |
| Other Comprehensive Income | ₹971.04 Million | +7.03% |
| Other Changes | ₹-984.98 Million | -7.13% |
| Total Change | ₹- | 8.42% |
Book Value vs Market Value Analysis
This analysis compares Praj Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 117.31x to 4.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹2.60 | ₹304.65 | x |
| 2006-03-31 | ₹3.31 | ₹304.65 | x |
| 2007-03-31 | ₹9.08 | ₹304.65 | x |
| 2008-03-31 | ₹19.06 | ₹304.65 | x |
| 2009-03-31 | ₹23.54 | ₹304.65 | x |
| 2010-03-31 | ₹28.56 | ₹304.65 | x |
| 2011-03-31 | ₹30.23 | ₹304.65 | x |
| 2012-03-31 | ₹30.04 | ₹304.65 | x |
| 2013-03-31 | ₹32.13 | ₹304.65 | x |
| 2014-03-31 | ₹32.82 | ₹304.65 | x |
| 2015-03-31 | ₹34.96 | ₹304.65 | x |
| 2016-03-31 | ₹36.97 | ₹304.65 | x |
| 2017-03-31 | ₹39.61 | ₹304.65 | x |
| 2018-03-31 | ₹40.17 | ₹304.65 | x |
| 2019-03-31 | ₹40.88 | ₹304.65 | x |
| 2020-03-31 | ₹39.27 | ₹304.65 | x |
| 2021-03-31 | ₹43.74 | ₹304.65 | x |
| 2022-03-31 | ₹49.85 | ₹304.65 | x |
| 2023-03-31 | ₹58.66 | ₹304.65 | x |
| 2024-03-31 | ₹69.36 | ₹304.65 | x |
| 2025-03-31 | ₹75.18 | ₹304.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Praj Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.78%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 2.29x
- Recent ROE (15.84%) is below the historical average (20.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 50.55% | 8.80% | 1.95x | 2.95x | ₹170.83 Million |
| 2006 | 43.20% | 8.48% | 1.47x | 3.46x | ₹178.74 Million |
| 2007 | 55.54% | 13.74% | 1.15x | 3.51x | ₹710.08 Million |
| 2008 | 43.28% | 20.50% | 1.05x | 2.01x | ₹1.16 Billion |
| 2009 | 27.03% | 12.32% | 1.01x | 2.16x | ₹740.48 Million |
| 2010 | 22.70% | 16.32% | 0.83x | 1.68x | ₹670.50 Million |
| 2011 | 9.57% | 9.67% | 0.57x | 1.73x | ₹-24.22 Million |
| 2012 | 12.71% | 7.01% | 0.79x | 2.29x | ₹149.93 Million |
| 2013 | 11.92% | 7.40% | 0.74x | 2.18x | ₹109.75 Million |
| 2014 | 9.38% | 5.54% | 0.77x | 2.19x | ₹-36.26 Million |
| 2015 | 12.26% | 7.54% | 0.83x | 1.95x | ₹140.50 Million |
| 2016 | 10.50% | 6.84% | 0.87x | 1.76x | ₹33.36 Million |
| 2017 | 6.29% | 4.87% | 0.77x | 1.67x | ₹-263.61 Million |
| 2018 | 5.44% | 4.38% | 0.80x | 1.56x | ₹-331.23 Million |
| 2019 | 9.15% | 6.08% | 0.90x | 1.67x | ₹-62.98 Million |
| 2020 | 9.79% | 6.52% | 0.93x | 1.62x | ₹-14.94 Million |
| 2021 | 10.11% | 6.21% | 0.82x | 1.99x | ₹8.65 Million |
| 2022 | 16.41% | 6.41% | 1.06x | 2.42x | ₹586.68 Million |
| 2023 | 22.24% | 6.80% | 1.35x | 2.43x | ₹1.32 Billion |
| 2024 | 22.23% | 8.17% | 1.20x | 2.27x | ₹1.56 Billion |
| 2025 | 15.84% | 6.78% | 1.02x | 2.29x | ₹807.33 Million |
Industry Comparison
This section compares Praj Industries Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $12,268,288,557
- Average return on equity (ROE) among peers: 4.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Praj Industries Limited (PRAJIND) | ₹13.01 Billion | 50.55% | 1.48x | $431.72 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $11.77 Billion | 6.75% | 0.79x | $18.39 Million |
| ABINFRA (ABINFRA) | $815.46 Million | 14.00% | 0.92x | $1.98K |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $518.63 Million |
| Ahluwalia Contracts (India) Limited (AHLUCONT) | $17.98 Billion | 11.24% | 1.06x | $202.86 Million |
| Akash Infra-Projects Limited (AKASH) | $823.15 Million | 2.82% | 0.82x | $1.17 Million |
| Ashoka Buildcon Limited (ASHOKA) | $24.25 Billion | 20.75% | 6.89x | $166.24 Million |
| Atal Realtech Limited (ATALREAL) | $377.12 Million | 5.69% | 0.53x | $2.54K |
| AXISCADES Technologies Limited (AXISCADES) | $3.44 Billion | -1.52% | 1.63x | $262.35 Million |
| BGR Energy Systems Limited (BGRENERGY) | $5.37 Billion | -34.09% | 8.98x | $119.54 Million |
| B. L. Kashyap and Sons Limited (BLKASHYAP) | $5.24 Billion | 5.25% | 1.89x | $42.74 Million |