Praj Industries (BOM:522205) Cash Conversion Cycle: -0.04 (As of Mar. 2026)


BOM:522205 Praj Industries Ltd BOM:522205
92 GF Score
Price ₹355.95
GF Value ₹492.48
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Praj Industries Cash Conversion Cycle?

Praj Industries BOM:522205 +0.55% 92 Cash Conversion Cycle is -0.04 as of Mar. 2026. GuruFocus rates BOM:522205 with a GF Score™ of 92/100 and a GF Value™ of ₹492.48 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Praj Industries's Days Sales Outstanding for the three months ended in Mar. 2026 was 60.36.
Praj Industries's Days Inventory for the three months ended in Mar. 2026 was 50.23.
Praj Industries's Days Payable for the three months ended in Mar. 2026 was 110.63.
Therefore, Praj Industries's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -0.04.


Praj Industries  (BOM:522205) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Praj Industries Cash Conversion Cycle Related Terms


Praj Industries Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Praj Industries's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Praj Industries Cash Conversion Cycle Chart

Praj Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.87 48.39 46.23 35.08 14.67

Praj Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.96 39.66 0.36 8.68 -0.04

BOM:522205 vs PWR, FIX, EME: Cash Conversion Cycle Comparison

For the Engineering & Construction subindustry, Praj Industries's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Praj Industries Cash Conversion Cycle vs Construction Industry

For the Construction industry and Industrials sector, Praj Industries's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Praj Industries's Cash Conversion Cycle falls into.


BOM:522205
92GF Score
Praj Industries Ltd BOM:522205
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Praj Industries Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Praj Industries's Cash Conversion Cycle for the fiscal year that ended in Mar. 2026 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=76.52+58.51-120.36
=14.67

Praj Industries's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=60.36+50.23-110.63
=-0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of -0.04 mean?
Praj Industries (BOM:522205) has a Cash Conversion Cycle of -0.04 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Praj Industries and its competitors.
Is Praj Industries' Cash Conversion Cycle too high?
Praj Industries' current Cash Conversion Cycle is -0.04. Overall, Praj Industries has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Praj Industries' Cash Conversion Cycle compare to PWR and FIX?
Praj Industries' Cash Conversion Cycle of -0.04 can be compared against companies in the Construction industry. The industry median Cash Conversion Cycle is 55.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Construction company?
The median Cash Conversion Cycle among Construction companies is 55.89, based on 1,764 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Praj Industries and its competitors. For the Construction industry, the median Cash Conversion Cycle is 55.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praj Industries's current Cash Conversion Cycle is -0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Praj Industries stock overvalued right now?
Based on GuruFocus' analysis, Praj Industries (BOM:522205) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹492.48, compared to a current price of ₹355.95 — trading 27.7% below its estimated fair value. The current Cash Conversion Cycle is -0.04. Praj Industries' overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Praj Industries (BOM:522205), the current Cash Conversion Cycle is -0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Praj Industries (BOM:522205) Overvalued in 2026?

Based on GuruFocus' analysis, Praj Industries stock appears to be undervalued. The current stock price of ₹355.95 is trading 27.7% below its estimated GF Value™ of ₹492.48. GuruFocus considers Praj Industries to be Modestly Undervalued.

Key valuation signals for BOM:522205:

  • Cash Conversion Cycle: -0.04
  • GF Value™: ₹492.48 vs. price of ₹355.95 (27.7% below fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the BOM:522205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Praj Industries Business Description

Other Exchanges PRAJIND:India
Address Bhumkar Chowk-Hinjewadi Road, Praj Tower, S. Number 274 and 275/2, Hinjewadi, Pune, MH, IND, 411057
Praj Industries Ltd is an engineering company based in India. The company operates in a single segment namely Process and Project Engineering. Its business line consists of BioEnergy, High Purity Solutions, Brewery Plants, Wastewater Treatment, Bioproducts, Skid Engineering and Process Solutions, and Critical Process Equipment and Systems.
92GF Score

Get the complete analysis for BOM:522205

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹355.95
Price
₹492.48
GF Value