Praj Industries Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Praj Industries stock has a consensus rating of "Hold" and an average price target of ₹367.29. The average 1-year stock price forecast is 3.10% higher than the current stock price, while the lowest is ₹340.00 (-4.56%) and the highest is ₹398.00 (+11.72%).

Price Target: ₹367.29 (+3.10%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹340.00	₹367.29	₹360.00	₹398.00
Change	-4.56%	+3.10%	+1.05%	+11.72%

* Price targets were last updated on Jun 2, 2026.

Analyst Ratings

The average analyst rating for Praj Industries stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	2	2	2	2
Buy	0	1	1	1	1	1
Hold	5	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Atul Tiwari J.P. Morgan	J.P. Morgan	Hold Maintains ₹387.00	Hold	Maintains	₹387.00	+8.63%	Jun 2, 2026
Unknown Analyst Axis Direct No rating	Axis Direct	Hold Maintains ₹325.00	Hold	Maintains	₹325.00	-8.77%	Feb 16, 2026

Financial Forecast

Revenue This Year

33.67B

from 31.68B

6.28%

from 31.68B

Revenue Next Year

40.83B

from 33.67B

21.29%

from 33.67B

EPS This Year

7.80

from 1.99

292.47%

from 1.99

EPS Next Year

11.67

from 7.80

49.69%

from 7.80

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	23.43B	35.28B	34.66B	32.28B	31.68B	33.67B
Revenue Growth	79.61%	50.56%	-1.75%	-6.87%	-1.86%	6.28%
Operating Income	1.71B	2.84B	3.28B	2.31B	462.09M	1.73B
Net Income	1.50B	2.40B	2.83B	2.19B	238.42M	1.43B
EPS	-	-	-	-	1.99	7.80
EPS Growth	-	-	-	-	-81.58%	292.47%
Forward PE	38.68	22.35	30.43	33.44	37.55	45.68
Dividend / Share	2.70	4.50	6.00	6.00	3.60	5.05
Dividend Growth	-	66.67%	33.33%	-	-40.00%	40.28%
Free Cash Flow	1.33B	1.06B	701.77M	-194.82M	2.19B	1.25B
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	35.2B
Avg	33.7B
Low	30.6B

Revenue Growth

Revenue Growth	2027	2028	2029
High	11.0%
Avg	6.3%
Low	-3.5%

EPS Forecast

EPS	2027	2028	2029
High	10.50
Avg	7.80
Low	5.90

EPS Growth

EPS Growth	2027	2028	2029
High	428.4%
Avg	292.5%
Low	196.9%