Praj Industries (NSE:PRAJIND) Days Payable: 110.63 (As of Mar. 2026) — Near Median

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NSE:PRAJIND Praj Industries Ltd NSE:PRAJIND
92 GF Score
Price ₹346.95
GF Value ₹493.32
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Praj Industries Days Payable?

Praj Industries NSE:PRAJIND -2.56% 92 Days Payable is 110.63 as of Mar. 2026, which is 8% below its 10-year median of 120.35. GuruFocus rates NSE:PRAJIND with a GF Score™ of 92/100 and a GF Value™ of ₹493.32 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,716 Construction companies, Praj Industries ranks better than 67.77% on this metric.

Praj Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹5,861 Mil. Praj Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,834 Mil. Hence, Praj Industries's Days Payable for the three months ended in Mar. 2026 was 110.63.

The historical rank and industry rank for Praj Industries's Days Payable or its related term are showing as below:

NSE:PRAJIND' s Days Payable Range Over the Past 10 Years
Min: 75.8   Med: 120.35   Max: 159.89
Current: 118.17

During the past 13 years, Praj Industries's highest Days Payable was 159.89. The lowest was 75.80. And the median was 120.35.

NSE:PRAJIND's Days Payable is ranked better than
67.77% of 1716 companies
in the Construction industry
Industry Median: 76.595 vs NSE:PRAJIND: 118.17

Praj Industries's Days Payable increased from Mar. 2025 (106.82) to Mar. 2026 (110.63). It may suggest that Praj Industries delayed paying its suppliers.


Praj Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Praj Industries's Days Payable 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 Days Payable Chart

Praj Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.07 75.80 91.50 107.99 120.36

Praj Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable 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 106.82 147.51 120.08 101.41 110.63

NSE:PRAJIND vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Praj Industries's Days Payable, along with its competitors' market caps and Days Payable 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 Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Praj Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Praj Industries's Days Payable falls into.


NSE:PRAJIND
92GF Score
Praj Industries Ltd NSE:PRAJIND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Praj Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Praj Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (4822.863 + 5861.144) / 2 ) / 16200.382*365
=5342.0035 / 16200.382*365
=120.36

Praj Industries's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 5861.144) / 1 ) / 4834.431*365 / 4
=5861.144 / 4834.431*365 / 4
=110.63

* 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 Days Payable →
What does a Days Payable of 110.63 mean?
Praj Industries (NSE:PRAJIND) has a Days Payable of 110.63 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Praj Industries and its competitors. This is near median its historical median of 120.35. Over the past decade, Praj Industries' Days Payable has ranged from 75.80 to 159.89. According to the industry distribution chart, Praj Industries ranks #553 out of 1716 companies in the Construction industry, placing it in the top 32.2%.
Is Praj Industries' Days Payable too high?
Praj Industries' current Days Payable of 110.63 is near median its 10-year median of 120.35. Over the past 10 years, this metric has ranged from a low of 75.80 to a high of 159.89. The Construction industry median Days Payable is 76.60. Praj Industries' value of 110.63 is 44.4% above this industry median. Based on the distribution chart, Praj Industries ranks #553 out of 1716 companies in the Construction industry, which is above the industry midpoint. Overall, Praj Industries has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Praj Industries' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Praj Industries ranks #553 out of 1716 companies for Days Payable. This puts Praj Industries in the upper half of its industry. The industry median Days Payable is 76.60. Praj Industries' value of 110.63 is 44.4% above this benchmark. Historically, Praj Industries' own Days Payable has ranged from 75.80 to 159.89 over the past decade. While the company's 10-year median is 120.35 vs. the industry median of 76.60, Praj Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.60, based on 1,716 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Praj Industries's current Days Payable of 110.63 is 44.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Praj Industries and its competitors. For the Construction industry, the median Days Payable is 76.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praj Industries's current Days Payable is 110.63, which is near median its own 10-year median of 120.35. 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 (NSE:PRAJIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹493.32, compared to a current price of ₹346.95 — trading 29.7% below its estimated fair value. The current Days Payable is 110.63, which is near median its 10-year median of 120.35 and 44.4% above the Construction industry median of 76.60. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Praj Industries (NSE:PRAJIND), the current Days Payable is 110.63 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 (NSE:PRAJIND) Overvalued in 2026?

Based on GuruFocus' analysis, Praj Industries stock appears to be undervalued. The current stock price of ₹346.95 is trading 29.7% below its estimated GF Value™ of ₹493.32. GuruFocus considers Praj Industries to be Significantly Undervalued.

Key valuation signals for NSE:PRAJIND:

  • Days Payable: 110.63 (near median its 10-year median of 120.35)
  • GF Value™: ₹493.32 vs. price of ₹346.95 (29.7% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 44.4% above the Construction median (#553 of 1716)

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


Praj Industries Business Description

Other Exchanges 522205: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 NSE:PRAJIND

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

₹346.95
Price
₹493.32
GF Value