Praj Industries Share Price Target 2025, 2026, 2030, 2040, 2050
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.
- 1 What is Praj Industries Ltd NSE: PRAJIND?
- 2 Share price Target Tomorrow
- 3 Praj Industries share price Target 2025
- 4 Praj Industries share price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Praj Industries share price Target 2030
- 9 Share price Target 2040
- 10 Share price Target 2050
- 11 Should I buy Praj Industries stock?
- 12 Praj Industries earning results
- 13 Is Praj Industries stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
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.
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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.
