Praj Industries Limited — PPTs, 11-08-2025: Investor Presentation

Here is the financial summary:

**1. Financial Highlights:**

Q1-FY26 consolidated operating income dipped 8.4% YoY to ₹640.2 Cr. Net Profit sharply fell 93.7% YoY to ₹5.3 Cr, with EBITDA/PAT margins significantly compressed. Praj holds a robust ₹4,448 Cr order book (Q1 intake ₹795 Cr) and remains net debt-free.

**2. Strategic Initiatives & Growth Drivers:**

Praj is advancing in Future Fuels like SAF, securing a US commercial plant engineering order. US IRA policies and Global Biofuel Alliance offer new opportunities. CBG projects, including a BPCL JV, show strong traction. Healthy 1G Services growth continues.

**3. Business Developments:**

Domestic ethanol volumes dropped due to execution delays and customer liquidity. Greenfield inquiries slowed. Engineering segment delays increased expenses; GenX incurred costs without revenues.

**4. Market Position & Competitive Advantage:**

Praj maintains a robust global footprint (100+ countries, ~10% global ethanol market share ex-China). Its technological leadership (90+ scientists, 400+ patents) underpins diversified solutions in bioenergy (60% revenue), high purity water, and engineering.

**5. Investor Implications:**

Q1 profitability hit by domestic execution/funding challenges. Yet, a substantial order book and strategic focus on future fuels/international markets signal positive growth potential. Monitoring execution and customer funding will be crucial.