Want to see IN:PRAENG full AI Analyst Report?
Top Page
Prajay Engineers Syndicate Ltd
(PRAENG)
Select Model
Select Model
Rating:45Neutral
Price Target:
₹20.50
▼(-22.23% Downside)
Action:Reiterated
Date:05/26/26
Overall score is weighed down primarily by poor financial performance (deep and worsening losses with negative gross profit and declining revenue). Technicals also remain weak with the stock trading below major moving averages and negative MACD. Positive operating cash flow and moderate leverage provide some support, but valuation is constrained by the negative P/E and lack of dividend yield data.
Positive Factors
Operating Cash Generation
Consistent positive operating cash flow (improved to ~264M) and positive free cash flow (~95M FY2026) provide durable internal funding. This reduces near-term reliance on external financing, supports project execution and working capital, and cushions cyclical pressures if maintained.
Negative Factors
Negative Gross Profit & Operating Losses
Negative gross profit and widening operating losses indicate project-level economics are broken. Persistent unprofitable projects destroy operating leverage, undermine reinvestment capacity, and make sustainable recovery difficult without structural margin improvements or project repricing.
Read all positive and negative factors
Positive Factors
Negative Factors
Operating Cash Generation
Consistent positive operating cash flow (improved to ~264M) and positive free cash flow (~95M FY2026) provide durable internal funding. This reduces near-term reliance on external financing, supports project execution and working capital, and cushions cyclical pressures if maintained.
Read all positive factors
Prajay Engineers Syndicate Ltd (PRAENG) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.37B
Dividend YieldN/A
Average Volume (3M)15.84K
Price to Earnings (P/E)―
Beta (1Y)1.68
Revenue Growth-33.12%
EPS Growth32.26%
CountryIN
Employees70
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-4.41
Shares Outstanding69,935,790
10 Day Avg. Volume16,943
30 Day Avg. Volume15,844
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)0.26
Price to Sales (P/S)3.22
P/FCF Ratio13.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Prajay Engineers Syndicate Ltd Business Overview & Revenue Model
Company Description
Prajay Engineers Syndicate Limited is an Indian real estate development company specializing in the construction, development, and upkeep of a diverse range of properties, including residential, commercial, hospitality, and retail ventures across ...
How the Company Makes Money
The company generates revenue primarily through the sale of residential and commercial properties, including apartments, villas, and office spaces. Additional revenue streams come from leasing and property management services for commercial spaces...
Prajay Engineers Syndicate Ltd Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
58
Neutral
Cash Flow
62
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 503.39M | 384.26M | 574.55M | 574.60M | 298.28M | 930.50M |
| Gross Profit | -12.41M | -39.32M | -130.60M | -89.39M | 83.95M | 154.32M |
| EBITDA | -228.08M | -219.97M | -242.38M | -307.37M | -6.40M | 70.18M |
| Net Income | -267.11M | -186.35M | -277.01M | -389.52M | -91.31M | -24.65M |
Balance Sheet | ||||||
| Total Assets | 8.10B | 8.04B | 8.39B | 9.00B | 9.43B | 11.53B |
| Cash, Cash Equivalents and Short-Term Investments | 478.74M | 426.74M | 397.63M | 357.09M | 79.41M | 31.33M |
| Total Debt | 1.64B | 1.63B | 1.73B | 1.83B | 1.73B | 1.87B |
| Total Liabilities | 3.31B | 3.29B | 3.56B | 3.84B | 3.86B | 5.85B |
| Stockholders Equity | 4.82B | 4.78B | 4.87B | 5.17B | 5.56B | 5.67B |
Cash Flow | ||||||
| Free Cash Flow | 210.46M | 94.86M | 125.48M | 202.97M | 64.91M | -7.46M |
| Operating Cash Flow | 324.67M | 264.18M | 188.24M | 238.63M | 71.47M | 47.57M |
| Investing Cash Flow | -194.18M | -169.49M | -62.76M | -33.74M | -5.99M | -54.81M |
| Financing Cash Flow | -86.45M | -65.75M | -84.94M | 72.79M | -17.40M | 6.75M |
Prajay Engineers Syndicate Ltd Technical Analysis
Negative
26.36
Price Trends
22.06
Negative
21.63
Negative
24.53
Negative
Market Momentum
-0.21
Negative
47.15
Neutral
31.82
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PRAENG, the sentiment is Negative. The current price of 26.36 is above the 20-day moving average (MA) of 21.11, above the 50-day MA of 22.06, and above the 200-day MA of 24.53, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 47.15 is Neutral, neither overbought nor oversold. The STOCH value of 31.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PRAENG.
Prajay Engineers Syndicate Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | ₹1.84B | 4.46 | ― | 0.80% | 6.89% | 748.25% | |
59 Neutral | ₹1.71B | 4.29 | ― | ― | 41.55% | 583.27% | |
58 Neutral | ₹1.57B | 10.38 | ― | 0.39% | -32.38% | -27.82% | |
45 Neutral | ₹1.37B | -7.13 | ― | ― | -33.12% | 32.26% | |
45 Neutral | ₹1.04B | 201.49 | ― | ― | 21.36% | -73.37% |
* Real Estate Sector Average
IN:PRAENG
Prajay Engineers Syndicate Ltd
19.57
-4.16
-17.53%
IN:AMJLAND
AMJ Land Holdings Ltd.
38.23
-26.44
-40.88%
IN:ARTNIRMAN
Art Nirman Ltd
41.83
-18.07
-30.17%
IN:LANCORHOL
Lancor Holdings Limited
25.00
2.40
10.62%
IN:UMIYA.MRO
Umiya Buildcon
91.50
10.81
13.40%
IN:PODDARHOUS
Poddar Housing & Development Ltd.
49.21
0.00
0.00%
Prajay Engineers Syndicate Ltd Corporate Events
Prajay Engineers Files SEBI Compliance Certificate, Reports No Share Conversion Activity
Apr 30, 2026
Prajay Engineers Syndicate Ltd has submitted to the stock exchanges a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 March 2026. The registrar and share transfer...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.