Q3 2026 Praj Industries Ltd Earnings Call Transcript
Key Points
- Praj Industries Ltd (BOM:522205) has secured a significant number of Distillers Corn Oil (DCO) orders, indicating strong traction in their brownfield solutions.
- The company is making progress in technology development for Bio-IBA, which is ready for commercialization and scale-up.
- Praj Industries Ltd (BOM:522205) received its first breakthrough order for CCUS skids from a global oil major, indicating potential for more work.
- The Union Budget 2026 announcements, such as the phased mandatory blending of CBG into CNG and central excise duty exemptions, are expected to enhance the commercial viability of CBG.
- The company has a healthy order booking for performance enhancers and biogenic CO2 capture solutions, leveraging its customer installed base developed over decades.
- Praj Industries Ltd (BOM:522205) experienced a slowdown in 1G domestic business due to supply and demand imbalance, affecting greenfield projects.
- The company's profit after tax stood at negative INR124 million in Q3 FY26, compared to INR193 million in Q2 FY26.
- Margins were impacted by a 1% reduction due to decreased export revenue and increased costs in the African market.
- The execution cycles for existing projects are getting extended due to funding and other challenges in the greenfield project scenario.
- The cash position of the company has weakened year-on-year, with cash in hand decreasing from INR6.4 billion to INR5.9 billion.
Ladies and gentlemen, good day and welcome to the Praj Industries Limited Q3 and nine-month FY26 earnings conference call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Ms. Purvangi Jain from Valorem Advisors. Thank you and over to you, ma'am.
Good afternoon, everyone, and a warm welcome to you all. My name is Purvangi Jain from Valorem Advisors. We represent the Investor Relations of Praj Industries Limited. On behalf of the company, I would like to thank you all for participating in the company's earnings conference call for the third quarter and nine months ended of the financial year 2026.
Before we begin, I would like to mention a short cautionary statement. Some of the statements made in today's earnings call may be forward-looking in nature. Such forward-looking statements are subject to risk and uncertainties, which could cause actual results to differ from those anticipated. Such statements are based on management's belief as well as
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
