Praj Industries balance sheet

As of Sep 2026

Total assets: ₹2,973cr−8.0% on Sep 2025
Shareholders' equity: ₹1,278cr−1.8% on Sep 2025
Total debt: ₹0.0crNo figure a year before
Cash and investments: ₹467cr+38.8% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	403	448	446	407	237
	6.2	5.6	17.3	3.2	6.9
	0.0	0.0	0.0	0.0	13.7
	62.6	62.6	62.6	62.6	62.6
	45.0	49.0	58.0	4.6	3.9
	0.2	0.6	0.5	40.2	0.1
	9.5	11.2	69.8	94.5	84.5
	0.0	0.0	0.0	0.0	12.3
	46.1	42.2	40.6	42.1	—
	55.6	53.4	110	137	96.8
	60.4	54.5	26.2	9.1	11.1
	15.9	14.2	8.8	8.0	5.0
	648	688	730	671	437
	288	266	253	221	334
	314	407	358	402	458
	589	559	556	836	795
	153	142	126	168	98.6
	61.8	61.4	55.3	44.3	46.2
	0.0	0.0	0.0	0.0	18.7
	20.1	15.0	1,055	15.3	—
	1,138	1,184	2,150	1,466	1,417
	893	917	15.2	515	426
	2,325	2,368	2,430	2,210	2,182
	0.0	0.0	0.0	13.7	—
	2,973	3,056	3,160	2,895	2,619
Equity
	36.8	36.8	36.8	36.8	36.7
	1,241	1,272	1,345	1,238	1,041
	1,278	1,309	1,382	1,274	1,078
	0.1	0.1	0.1	0.1	0.1
	1,278	1,309	1,382	1,275	1,078
Liabilities
	82.5	117	151	142	26.9
	82.5	117	151	142	26.9
	4.8	10.9	19.6	18.1	13.2
	0.0	0.0	3.0	1.3	—
	87.3	128	174	162	40.1
	528	586	482	497	505
	115	97.3	93.7	90.7	54.7
	643	683	576	587	560
	42.2	33.6	23.4	57.9	44.0
	0.3	3.1	15.2	20.8	32.7
	922	899	990	793	864
	1,608	1,619	1,605	1,459	1,501
	1,695	1,747	1,778	1,621	1,541
	2,973	3,056	3,160	2,895	2,619
Assets — additional as-filed lines
	6.0	—	11.3	8.5	5.4
Trade payables — MSME split
	145	126	94.0	—	—
	383	460	388	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

PRAJIND₹254.20

Praj Industries Ltd.

· Capital Goods & Defence

₹ CrorePeersTRITURBINE PARAS QPOWER OSWALPUMPS RATNAMANI MTARTECH MIDHANI MAHSEAMLESMcap ₹4,673 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	236.6	407.2	446.5	448.3	402.6
+ Capital Work-in-Progress	6.9	3.2	17.3	5.6	6.2
+ Investment Property	13.7	0.0	0.0	0.0	0.0
+ Goodwill	62.6	62.6	62.6	62.6	62.6
+ Other Intangibles	3.9	4.6	58.0	49.0	45.0
+ Intangibles under Development	0.1	40.2	0.5	0.6	0.2
+ Non-current Investments	84.5	94.5	69.8	11.2	9.5
+ Long-term Loans	12.3	0.0	0.0	0.0	0.0
+ Other Non-current Financial Assets	—	42.1	40.6	42.2	46.1
Non-current Financial Assets	96.8	136.7	110.4	53.4	55.6
+ Deferred Tax Assets	11.1	9.1	26.2	54.5	60.4
+ Other Non-current Assets	5.0	8.0	8.8	14.2	15.9
Total Non-current Assets	436.7	671.5	730.3	688.3	648.5
Current Assets
+ Inventories	333.6	220.9	253.3	266.1	288.0
+ Current Investments	458.4	402.1	358.4	407.0	314.1
+ Trade Receivables	794.8	836.0	556.0	558.7	589.5
+ Cash & Cash Equivalents	98.6	168.4	125.9	142.4	152.5
+ Other Bank Balances	46.2	44.3	55.3	61.4	61.8
+ Short-term Loans	18.7	0.0	0.0	0.0	0.0
+ Other Current Financial Assets	—	15.3	1,054.8	15.0	20.1
Current Financial Assets	1,416.8	1,466.1	2,150.3	1,184.3	1,138.1
+ Other Current Assets	426.1	514.8	15.2	917.2	892.8
Total Current Assets	2,182.0	2,210.3	2,430.1	2,367.6	2,324.9
+ Assets Held for Sale	—	13.7	0.0	0.0	0.0
Total Assets	2,618.7	2,895.4	3,160.4	3,055.9	2,973.4
Equity
+ Equity Share Capital	36.7	36.8	36.8	36.8	36.8
+ Other Equity / Reserves	1,041.3	1,237.7	1,345.0	1,272.4	1,241.4
Equity — Owners of Parent	1,078.0	1,274.5	1,381.8	1,309.1	1,278.1
+ Minority Interest	0.1	0.1	0.1	0.1	0.1
Total Equity	1,078.1	1,274.6	1,381.9	1,309.3	1,278.3
Liabilities
+ Other Non-current Financial Liab	26.9	142.4	151.0	116.8	82.5
Non-current Financial Liabilities	26.9	142.4	151.0	116.8	82.5
+ Provisions — Non-current	13.2	18.1	19.6	10.9	4.8
+ Deferred Tax Liabilities	—	1.3	3.0	0.0	0.0
Non-current Liabilities	40.1	161.8	173.5	127.7	87.3
+ Trade Payables	505.0	496.8	482.3	586.1	528.1
+ Other Current Financial Liab	54.7	90.7	93.7	97.3	115.1
Current Financial Liabilities	559.7	587.5	576.0	683.4	643.3
+ Provisions — Current	44.0	57.9	23.4	33.6	42.2
+ Current Tax Liabilities	32.7	20.8	15.2	3.1	0.3
+ Other Current Liabilities	864.1	792.9	990.3	898.8	922.1
Current Liabilities	1,500.5	1,459.1	1,605.0	1,619.0	1,607.9
Total Liabilities	1,540.6	1,620.9	1,778.5	1,746.6	1,695.1
Total Equity & Liabilities	2,618.7	2,895.4	3,160.4	3,055.9	2,973.4
Assets — additional as-filed lines
+ Current Tax Assets	5.4	8.5	11.3	—	6.0
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	94.0	125.7	144.7
+ Dues to Other Creditors — Current	—	—	388.3	460.4	383.4

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.