Praj Industries announced its financial results for Q2 and H1 FY26. The company reported revenue of INR 8,416 Mn for Q2 and INR 14,818 Mn for H1. Despite a decrease in EBITDA and PAT margins compared to the previous year, Praj continues to see growth in its bioenergy and engineering segments. The company has a strong order backlog of INR 44,190 Mn.
Financial Performance Overview
Praj Industries presented its financial highlights for the second quarter and first half of fiscal year 2026. Here’s a summary of the consolidated results:
Q2-FY26:
- Operating Income: INR 8,416 Mn (3.1% YoY increase)
- Operating EBITDA: INR 559 Mn (35.2% YoY decrease)
- EBITDA Margins: 6.64%
- Net Profit: INR 193 Mn (64.1% YoY decrease)
H1-FY26:
- Operating Income: INR 14,818 Mn (2.2% YoY decrease)
- Operating EBITDA: INR 873 Mn (51.0% YoY decrease)
- EBITDA Margins: 5.89%
- Net Profit: INR 246 Mn (82.2% YoY decrease)
Segmental Performance
The company’s revenue is divided into three key segments:
- Bio Energy: Representing 62% of H1-FY26 revenue.
- Engineering: Contributing 27% to the revenue.
- Hi Purity: Accounted for 11% of the total revenue.
Order Book and Intake
As of Q2-FY26, Praj Industries holds a strong order book of INR 44,190 Mn. The order intake for Q2-FY26 stood at INR 8,130 Mn.
Key Highlights and Developments
- The first SAF (Sustainable Aviation Fuel) demo plant at Praj Matrix, R&D Center, is now the first integrated Alcohol to Jet fuel plant worldwide.
- The company continues to focus on opportunities in ZLD (Zero Liquid Discharge), PHS (ultra-pure water), and Brewery projects.
Source: BSE