Praj Industries
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About Praj Industries
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What started off as an entrepreneurial venture three decades ago, is today India’s most successful company in the field of bio-based technologies and engineering with presence all over the world. The zeal of working toward making the world a better place has stayed with us till today and will continue to do so.
With a humble beginning as a supplier of ethanol plants, today Praj is a globally leading company with a bouquet of sustainable solutions for bioenergy, high purity water, critical process equipment, breweries and industrial wastewater treatment. Headquartered in Pune, India, Praj has spread its presence across the globe with 1000++ References in 100+ countries across all 5 continents.
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Compare Praj Industries with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.1/5 based on 551 reviews | 3.8/5 based on 871 reviews | 4.1/5 based on 3.3k reviews | 4.1/5 based on 1.1k reviews |
Highly Rated for | Job security Company culture Skill development | Work-life balance | Job security Company culture Skill development | Work-life balance Company culture Skill development |
Critically Rated for | No critically rated category | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 74% employees reported | Work from office 77% employees reported | Work from office 69% employees reported | Hybrid 49% employees reported |
Rating by Women Employees | 3.4 Average rated by 26 women | 3.8 Good rated by 64 women | 3.9 Good rated by 143 women | 4.0 Good rated by 97 women |
Rating by Men Employees | 4.1 Good rated by 502 men | 3.9 Good rated by 765 men | 4.2 Good rated by 3k men | 4.2 Good rated by 983 men |
Job security | 3.9 Good | 3.4 Average | 4.3 Good | 3.4 Average |
Praj Industries Salaries
Process Engineer
Deputy Manager
Senior Engineer
Commissioning Engineer
Project Manager
Piping Engineer
Production Engineer
Project Engineer
Senior Process Engineer
Site Engineer
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Praj Industries News
Praj Industries appoints Ashish Gaikwad as MD
- Praj Industries has appointed Ashish Gaikwad as the new Managing Director.
- Ashish Gaikwad will succeed Shishir Joshipura, CEO & MD, who will complete his tenure on June 30.
- Gaikwad brings over 34 years of experience in industrial automation, digitalisation, process technology, renewable energy transition, artificial intelligence, and autonomous manufacturing.
- Under Gaikwad's guidance, Praj will continue to advance its vision of a sustainable bioeconomy.
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Praj Industries Banking On Strong Orderbook For Recovery After Weak Q3 Net Profit
- Praj Industries Ltd. reported a 41.6% year-on-year drop in its consolidated net profit to Rs 41.1 crore in Q3.
- Managing Director and CEO, Shishir Joshipura, stated that the weak performance was due to a shift in order mix, which is expected to bounce back in upcoming orders.
- The company's order book is increasing and valued at Rs 4,349 crore as of December 31, 2024.
- Praj Industries is confident in returning to growth, with the strategic effort in building the order book.
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Praj Industries Share Price Down On Weak Q3 Earnings
- Praj Industries' consolidated net profit declined by 42% year-over-year to Rs 41.10 crore, missing the Bloomberg consensus estimate of Rs 78 crore.
- Revenue for the quarter increased by 2.9% to Rs 853.03 crore, compared to Rs 828.62 crore in the same period last year. However, this was below the estimated Rs 951 crore.
- The company's Ebitda fell by 25% to Rs 72.71 crore, against an estimate of Rs 115 crore. Ebitda margins contracted to 8.5% from 11.8%, missing the expected 12.1%.
- Shares of Praj Industries fell as much as 6.5% to Rs 594.60 apiece, before paring gains to trade 5.56% lower at Rs 635.85 apiece, as of 10:15 a.m.
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India’s first national highway using biobitumen developed by Praj Industries inaugurated
- India’s first national highway using biobitumen developed by Praj Industries inaugurated.
- Praj's technology converts crude lignin into Lignin Bio-Bitumen, reducing GHG emissions by 70%.
- The adoption of bio-bitumen could save India ₹4,000-4,500 crore in foreign exchange.
- The successful implementation paves the way for sustainable and eco-friendly road infrastructure development.
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India’s first national highway using biobitumen developed by Praj Industries inaugurated
- India's first national highway using biobitumen has been inaugurated, developed by Praj Industries.
- Praj's proprietary technology converts crude lignin into Lignin Bio-Bitumen, a sustainable alternative to fossil-based bitumen.
- The bio-bitumen offers remarkable benefits, including a 70% reduction in greenhouse gas emissions.
- This adoption could save the nation ₹4,000-4,500 crore in foreign exchange, presenting a transformative solution for eco-friendly and sustainable road infrastructure.
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