Praj Industries Share Price Target 2025, 2026, 2030, 2040, 2050

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Praj Industries provides environmentally friendly services in areas like bioenergy, clean water, and important equipment for different industries. The company helps make biofuels like ethanol and compressed biogas and provides clean water systems for industries such as medicine and cosmetics. It also builds equipment for energy industries, creates plants for beverages, and offers services for cleaning industrial wastewater. The company aims to be a trusted partner for customers while focusing on environmental, social, and governance values, working toward a greener future by promoting a bioeconomy.

What is Praj Industries Ltd NSE: PRAJIND?

Praj Industries was established in 1983 by Dr. Pramod Chaudhari and is based in Pune, Maharashtra. It is an Indian company that works on providing services that are good for the environment, focusing on areas such as biofuels, renewable energy, water treatment, and managing wastewater.

The company creates and supplies technologies that help produce bioethanol, biogas, and other green chemicals. It also provides systems to clean and treat water and wastewater, helping industries reduce pollution and use resources more effectively. Over the years, the company has grown and now serves customers in more than 75 countries around the world.

Share price Target Tomorrow

At the start of this year, its stock price reached its all-time high price. But it couldn’t sustain there and fall for some months. Now the price Showing some positive movement but that’s not enough to consider the bullish trend right now. For the buying opportunity analyse and consider some multiple confirmations to gain more chance of profits.

Day Minimum Price (Rs) Maximum Price (Rs)
Tomorrow -13 +27

Praj Industries share price Target 2025

It is a well-known company that offers services for bioenergy, such as turning waste into energy, building biogas plants, and creating ethanol production facilities. These services help turn materials like biomass and agricultural waste into clean energy. By designing and building these plants, it is helping to make renewable energy more common around the world.

It also provides services for cleaning and treating water and wastewater. They help towns, businesses, and industries recycle and manage water in a way that’s good for the environment. These services are important for protecting the planet and supporting long-term growth, helping to create a more sustainable and greener future. In 2025, its share price target would be ₹980, as per our analysis.

By our prediction, its share price would be between ₹415 to ₹980 in 2025.

Year Minimum Price (Rs) Maximum Price (Rs)
2025 415 980
Month Minimum Price  (Rs) Maximum Price (Rs)
January 590 875
February 480 650
March 462 590
April 415 649
May 487 678
June 510 690
July 545 730
August 587 764
September 600 789
October 658 841
November 700 878
December 811 980

Praj Industries share price Target 2026

It offers different services and products, mainly for building industrial facilities that focus on protecting the environment and bioenergy. They help with designing, building, and managing these facilities to make sure everything runs smoothly. Along with its services, it also sells special equipment like processing tanks, evaporation columns, and filtration systems, which are used in bioenergy and water treatment plants. In 2026, its share price target would be ₹1400, as per our prediction.

Its share price would be between ₹811 to ₹1400 in 2026, as per our analysis.

Year Minimum Price (Rs) Maximum Price (Rs)
2026 811 1400
Month Minimum Price  (Rs) Maximum Price (Rs)
January 811 991
February 874 1032
March 900 1059
April 924 1084
May 945 1120
June 974 1142
July 990 1169
August 1029 1190
September 1058 1230
October 1090 1268
November 1124 1310
December 1284 1400

Share price Target 2027

It is dedicated to offering eco-friendly services like turning waste into energy, treating wastewater, and producing bioenergy. As more governments and companies push for green practices, it is well-positioned to benefit from the growing need for these services. Its focus is on sustainability, it is also expanding its business to other countries. The company is helping meet the global demand for bioenergy, water treatment, and engineering services as it grows outside of India. In 2027, its share price target would be ₹1841, as per our analysis.

By our prediction, its share price would be between ₹1284 to ₹1841 in 2027.

Year Minimum Price (Rs) Maximum Price (Rs)
2027 1284 1841
Month Minimum Price  (Rs) Maximum Price (Rs)
January 1284 1429
February 1325 1465
March 1348 1488
April 1374 1521
May 1404 1539
June 1425 1574
July 1474 1590
August 1488 1630
September 1522 1674
October 1551 1690
November 1630 1725
December 1684 1841

Share price Target 2028

The demand for renewable energy is increasing, which is helping the bioenergy market grow. As more countries work to reduce carbon emissions, its services will be in higher demand, supporting the company’s growth. It has also formed key partnerships, like with Indian Oil Corporation to build ethanol plants, which help the company enter new markets, share resources, and improve its skills. These partnerships will help it achieve long-term success. In 2028, its share price target would be ₹, as per our prediction.

Its share price would be between ₹1684 to ₹2225 in 2028, as per our analysis.

Year Minimum Price (Rs) Maximum Price (Rs)
2028 1684 2225
Month Minimum Price  (Rs) Maximum Price (Rs)
January 1684 1865
February 1759 1878
March 1774 1911
April 1790 1931
May 1825 1958
June 1842 1971
July 1874 1990
August 1908 2014
September 1934 2029
October 1948 2045
November 1974 2144
December 2078 2225

Share price Target 2029

It is a well-known company in the bioenergy industry, especially for producing ethanol. This helps the company grow as more people and industries need biofuels. It also makes money from other areas like water treatment and providing equipment for different industries. This is good for the company because it doesn’t have to rely on just one type of business, which lowers risk.

Praj operates in more than 75 countries around the world. This wide reach helps the company grow by finding new markets to sell its products and reduces the chance of being too affected by the economy of just one country. In 2029, its share price target would be ₹2570, as per our analysis.

By our prediction, its share price would be between ₹2078 to ₹2570 in 2029.

Year Minimum Price (Rs) Maximum Price (Rs)
2029 2078 2570
Month Minimum Price  (Rs) Maximum Price (Rs)
January 2078 2239
February 2120 2256
March 2157 2279
April 2187 2300
May 2235 2322
June 2265 2354
July 2287 2378
August 2305 2400
September 2324 2425
October 2344 2474
November 2367 2490
December 2412 2570

Praj Industries share price Target 2030

It focuses on making eco-friendly products like biofuels and wastewater treatment, helping fight climate change and create new opportunities. The company is financially strong, with a net profit of ₹41 crore for the quarter ending December 2024 which shows good growth. It works with big companies to build ethanol plants, helping it grow and improve. The company also invests in research to make its products better. In 2030, its share price target would be ₹2940, as per our prediction.

Its share price would be between ₹2412 to ₹2940 in 2030, as per our analysis.

Year Minimum Price (Rs) Maximum Price (Rs)
2030 2412 2940
Month Minimum Price  (Rs) Maximum Price (Rs)
January 2412 2590
February 2457 2621
March 2474 2655
April 2490 2669
May 2511 2690
June 2532 2711
July 2554 2745
August 2578 2780
September 2590 2830
October 2645 2855
November 2754 2879
December 2821 2940

Share price Target 2040

Talking about the company’s services, it’s clear that the company plays a key role in the Brewery & Beverages industry. In this area, the company offers full services, using its experience in technology, design, and plant engineering. By focusing on new ideas and improvements, the company provides efficient and environmentally friendly services that fit the changing needs of the industry. Looking ahead, as the demand for energy-saving and eco-friendly services keeps growing, the company is well-placed to meet this demand and grow in the future. In 2040, its share price target would be ₹6310, as per our analysis.

By our prediction, its share price would be between ₹5573 to ₹6310 in 2040.

Year Minimum Price (Rs) Maximum Price (Rs)
2040 5573 6310
Month Minimum Price  (Rs) Maximum Price (Rs)
January 5573 5711
February 5590 5754
March 5621 5784
April 5658 5800
May 5687 5822
June 5721 5865
July 5756 5890
August 5784 5977
September 5841 6025
October 5925 6154
November 5987 6190
December 6088 6310

Share price Target 2050

The company is always growing its manufacturing department and is also making its products better each year. The company’s management team is doing a good job as well. Because of this, the company is expected to get better projects in the future. Looking at the company’s business model, the demand in this sector will keep growing and stay strong in the future. This means the company is likely to make good profits. In 2050, its share price target would be ₹10658, as per our prediction.

Its share price would be between ₹9722 to ₹10658 in 2050, as per our analysis.

Year Minimum Price (Rs) Maximum Price (Rs)
2050 9722 10658
Month Minimum Price  (Rs) Maximum Price (Rs)
January 9722 9868
February 9757 9890
March 9784 9910
April 9824 9942
May 9854 9974
June 9878 10145
July 9890 10250
August 9940 10341
September 9987 10380
October 10157 10457
November 10241 10511
December 10388 10658

Should I buy Praj Industries stock?

Year Minimum Price (Rs) Maximum Price (Rs)
2025 415 980
2026 811 1400
2027 1284 1841
2028 1684 2225
2029 2078 2570
2030 2412 2940
2040 5573 6310
2050 9722 10658

It focuses on green services like bioenergy, water treatment, and cleaning wastewater, which means it’s in a good position to grow as demand for clean energy increases. The company is financially strong, offers a variety of services, and works in many countries, helping it expand. Its stock price is unstable but the company’s growth and partnerships, like with Indian Oil to make ethanol plants, show it has good potential. Overall, buying its stock could be a good choice for those who want to support eco-friendly industries.

Praj Industries earning results

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Sales + 1,102 1,305 2,343 3,528 3,466 3,387
Expenses + 1,024 1,192 2,149 3,220 3,094 3,005
Operating Profit 78 112 194 308 372 382
OPM % 7% 9% 8% 9% 11% 11%
Other Income + 30 26 36 45 59 79
Interest 3 3 3 5 10 18
Depreciation 22 22 23 30 44 79
Profit before tax 83 113 205 319 377 363
Tax % 15% 28% 27% 25% 25%
Net Profit + 70 81 150 240 283 271
EPS in Rs 3.85 4.42 8.18 13.05 15.42 14.75
Dividend Payout % 70% 49% 51% 34% 39%

Key Metrics

TTM PE Ratio PB Ratio Dividend Yield Sector PE Sector PB Sector Div Yld
36.32 7.72 1.12% 42.30 6.12 0.67%  

Peers & Comparison

Stock PE Ratio PB Ratio Dividend Yield
Praj Industries Ltd 34.75 7.72 1.12%
Larsen and Toubro Ltd 36.19 4.61 0.99%
GMR Airports Ltd -146.06 -95.96 —
IRB Infrastructure Developers Ltd 45.86 2.02 0.65%

Is Praj Industries stock good to buy? (bull case & bear case)

Bull Case:

  • It has been growing its profits by 35.5% every year for the last 5 years, which shows it’s doing well.
  • The company shares 41.6% of its profits with its investors through dividends, which is a good amount.
  • It has a good return on equity (24.12%), meaning it uses investors’ money well to make profits. It also has no debt, which is a positive sign.
  • The company has grown its profits by 35.5% every year for the last 5 years, showing strong financial growth.
  • Praj has been giving 41.6% of its profits as dividends, which is a healthy payout for shareholders.

Bear Case:

  • The stock is priced higher than usual compared to similar companies, so it could be too expensive right now.
  • Some signs in the market suggest the stock price could drop in the short term.
  • The dividend return is only about 1.12%, which is lower than some other stocks that pay higher dividends.
  • The stock is priced at 7.52 times its book value, which is quite high. This could mean it’s overpriced.
  • The promoters only hold 32.8% of the company, which is very low. This might indicate less control or confidence from the company’s leaders.

Conclusion

It focuses on eco-friendly areas like bioenergy and water treatment, which makes it a good choice for growth as the world looks for more sustainable services. The company is doing well financially and has no debt, but its stock price is higher than many similar companies, which might make it too expensive for short-term investors. Also, the company pays a smaller dividend, and the promoters own a smaller share. However, if you’re looking for a long-term investment in green energy, It could be a good option, even though the stock may have some ups and downs in the short term.

FAQs

Some risks are that the stock is priced higher than other companies, and the company offers a lower dividend. The promoters also own a small portion of shares, which could be a concern for some investors.

It has strong financials with steady profit growth and no debt, making it a stable company. It also uses investor money wisely, providing a good return on equity.

As of April 2025, Its P/E ratio is approximately 35.95.

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