What is the work of Praj Industries?

Praj Industries Ltd. The company is engaged in the design, manufacture, supply and commissioning of fermentation and distillation equipments for the manufacture of ethanol. The company has a market share of 60 per cent and is the market leader in ethanol plant and equipment manufacture.

What manufactures PRAJ industries?

Praj

Type	Public
Products	Ethanol plant Brewery Plants Water & Waste Water Solutions Process equipment and systems supplier High Purity solutions Bioproducts Research services
Revenue	₹1,330.41 crore (US$180 million) (2021)
Net income	₹81.05 crore (US$11 million) (2021)
Total assets	₹1,593.82 crore (US$210 million) (2021)

Who is owner of Praj Industries?

Pramod Chaudhari
You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Praj Industries Ltd….PREMARKET.

Management
Parimal Chaudhari	Non Executive Director
Pramod Chaudhari	Executive Chairman
Sachin Raole	Director & CFO
Shishir Joshipura	Managing Director & CEO

Is Praj Industries Debt Free?

Based on the latest financial disclosure, PRAJ INDUSTRIES has a Total Debt of 410 K. This is 99.98% lower than that of the Industrials sector and 99.97% lower than that of the Engineering & Construction industry. The total debt for all India stocks is 99.99% higher than that of the company.

Is PRAJ industries a good buy?

It operates in a high growth market and has managed to deliver strong top-line growth over the last five years. The stock is expected to deliver good returns on the back of strong fundamentals and handsome margins. We recommend buying with a price target of Rs 325.

What is 2G ethanol plant?

1G ethanol plants utilize feedstock such as cereals and sugarcane juice and molasses as raw materials, while 2G plants utilize surplus biomass and agricultural waste to produce ethanol.

Is Polycab debt free company?

Company is virtually debt free. Company has a healthy Interest coverage ratio of 25.21.

What is the future of Praj Industries?

Praj Industries Ltd. quote is equal to 420.250 INR at 2022-01-22. Based on our forecasts, a long-term increase is expected, the “Praj Industries Ltd” stock price prognosis for 2027-01-15 is 745.289 INR. With a 5-year investment, the revenue is expected to be around +77.34%.

Is Praj Industries a small cap?

NEW DELHI: What Larsen & Toubro (L) is to India’s infrastructure problems, Praj Industries, a smallcap company, is to India’s increased thrust on biofuel generation.

How does India make ethanol?

In India, ethanol is primarily produced using sugarcane molasses. Starches from potatoes, corn, wheat, and other plants can also be used in the production of ethanol by fermentation.

Is havells debt free company?

Company is virtually debt free. The company has an efficient Cash Conversion Cycle of 33.38 days. The company has a good cash flow management; CFO/PAT stands at 1.02.