Praj's 3.78% margin trails 286 Industrials peers as stock jumps 4.26%
Standalone profit was supported by Rs 29.21 cr of other income, while the stock gained 7.09% in five sessions after the filing.
Filed 13 Aug 2026, 16:39 IST · after market close · Praj Industries Ltd (PRAJIND)
Key takeaways
- Praj Industries' standalone operating margin was 3.78%, leaving it 8.03 percentage points below the Industrials peer median.
- Other income of Rs 29.21 cr exceeded operating profit of Rs 20.37 cr, making reported profit materially dependent on non-operating income.
- The stock rose 4.26% in the first session and 7.09% over five sessions after the results were filed.
Price around the results
Standalone profit leaned on non-operating income
Revenue of Rs 539.25 cr produced operating profit of only Rs 20.37 cr, while other income was higher at Rs 29.21 cr. This means profit before tax of Rs 36.69 cr was supported materially by income outside operations. Net profit was Rs 25.44 cr, with EPS at Rs 1.38.
Praj's margin was well below the Industrials peer median
Expenses of Rs 518.88 cr absorbed most of the Rs 539.25 cr revenue, leaving an operating margin of 3.78%. The margin was 8.03 percentage points below the 11.81% median among 286 Industrials companies that had reported. Praj ranked 36th from the bottom on this measure.
Shares rose sharply after the after-hours filing
The standalone results were filed after market close, and the stock gained 4.26% in the first session after the announcement. Trading volume was 8.77 times normal in the first session.
Q1FY27 at a glance
Standalone figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹539 cr |
| Other income | ₹29 cr |
| Expenses | ₹519 cr |
| Operating profit | ₹20 cr |
| Operating margin (%) | 3.78% |
| Interest | ₹1 cr |
| Depreciation | ₹12 cr |
| Profit before tax | ₹37 cr |
| Tax | ₹11 cr |
| Net profit | ₹25 cr |
| EPS (₹) | ₹1.38 |
Operating margin of 3.78% compares with a Industrials sector median of 11.81% across 286 peers that have reported Q1FY27.
How the stock reacted
| Window | Stock | vs NIFTY |
|---|---|---|
| Results day | +4.26% | +4.38% |
| Next session | +3.89% | — |
| 5 sessions | +7.09% | +7.68% |
| 15 sessions | +4.35% | — |
| 30 sessions | -2.99% | — |
Volume on the results session was 8.77× its 20-day average.
What to watch
- Whether standalone operating margin improves from 3.78%.
- Whether operating profit of Rs 20.37 cr exceeds other income of Rs 29.21 cr.
- Whether expenses remain below the Rs 518.88 cr reported this quarter relative to revenue.