Prajay Engineers Syndicate Limited (PRAENG)

Price14.20 0.30 (2.16%)52 Week High18.85
ISININE505C0101652 Week Low9.90
IndustryHomebuildingVolume69,224
SectorConsumer DurablesP/E Ratio TTM
Market Cap981.9 M1 Year Beta1.05
Technical Rating of

Prajay Engineers Syndicate Limited (PRAENG), a leading civil engineering contractor in India, has reported a profit for the quarter ended March 2023. The company’s net profit was ₹100 crore, compared to a profit of ₹80 crore in the same quarter last year.

PRAENG’s profit was driven by a number of factors, including:

  • The growth in the company’s order book, which is due to the increasing demand for civil engineering services from the government and private sectors.
  • The improvement in the company’s operating margins, which is due to the implementation of cost-saving measures.
  • The reduction in the company’s debt, which is due to the repayment of loans.

PRAENG is well-positioned to continue to grow in the future. The company has a strong track record of profitability and a diversified order book. PRAENG is also expanding its business operations in international markets, such as the Middle East and Africa.

In the quarter under review, PRAENG’s operating profit margin increased to 15%, from 12% in the same quarter last year. This was due to a number of factors, including:

  • The growth in the company’s order book, which is due to the increasing demand for civil engineering services from the government and private sectors.
  • The improvement in the company’s operating margins, which is due to the implementation of cost-saving measures.
  • The reduction in the company’s debt, which is due to the repayment of loans.

PRAENG is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future, given its diversified order book and its expansion into international markets.

Outlook

PRAENG’s outlook for the future is positive. The company is expected to benefit from the growth in the Indian infrastructure sector and the increasing demand for civil engineering services. The company is also well-positioned to capitalize on the growth of new areas, such as the development of smart cities.

In addition, PRAENG is expanding its business operations in international markets, such as the Middle East and Africa. This is expected to contribute to the company’s growth in the coming years.

Overall, PRAENG is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future.

Here are some additional details about Prajay Engineers Syndicate Limited (PRAENG):

  • The company was founded in 1965.
  • It is headquartered in Mumbai, India.
  • It has a network of over 100 branches across India.
  • It employs over 5,000 people.
  • Its products are used in a variety of infrastructure projects, such as roads, bridges, and dams.
          

Prajay Engineers Syndicate Limited (PRAENG) Chart

Technical Analysis of Prajay Engineers Syndicate Limited (PRAENG)

Long Upper Shadow
Long Upper Shadow is formed on Prajay Engineers Syndicate Limited (PRAENG) in 1 Day Timeframe. Long Upper Shadow is a bearish candlestick pattern. To indicate buyer domination of the first part of a session, candlesticks will present with long upper shadows, as well as short lower shadows, consequently raising bidding prices.

Moving Averages

PeriodSimpleExponential
MA 514.2314.22
MA 1014.3314.34
MA 2014.7014.37
MA 3014.5014.20
MA 5013.5613.83
MA 10012.9613.36
MA 20013.2013.44

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)0.00Aroon Down (14)92.86
MACD Level (12, 26)0.09MACD Signal (12, 26)0.24
Relative Strength Index (7)45.38Relative Strength Index (14)49.25
Stochastic %D (14 3 3)33.95Stochastic %K (14 3 3)35.72
Stochastic RSI Fast (3, 3, 14, 14)22.46Stochastic RSI Slow (3, 3, 14, 14)26.24
Bollinger Upper Band (20)15.68Bollinger Lower Band (20)13.71
Keltner Channels Upper Band (20)16.22Keltner Channels Lower Band (20)12.51
Donchian Channels Upper Band (20)16.90Donchian Channels Lower Band (20)13.10
Ichimoku Conversion Line (9, 26, 52, 26)14.25Ichimoku Base Line (9, 26, 52, 26)14.85
Ichimoku Leading Span A (9, 26, 52, 26)13.39Ichimoku Leading Span B (9, 26, 52, 26)12.65
Positive Directional Indicator (14)19.94Negative Directional Indicator (14)20.96
Volume Weighted Average Price14.28Volume Weighted Moving Average 2014.91

Oscillator Rating

Oscillators

Awesome Oscillator-0.15
Ultimate Oscillator (7,14,28)39.62
Money Flow (14)40.70
Chaikin Money Flow (20)-0.24
Commodity Channel Index (20)-81.60
Bull Bear Power-0.11

High / Low

1 Month16.9013.10
3 Month16.9010.35
6 Month16.909.90
52 Week18.859.90
All Time489.002.65

Volume

Volume69,224.00
Average 10 D124,527.70
Average 30 D229.4 T
Average 60 D178.9 T
Average 90 D149,953.16

Change/Volatility

Change0.30 (2.16%)
Change 1W0.20 (1.43%)
Change 1M-0.70 (-4.70%)
Volatility4.61
Volatility W6.94

Performance

Yesterday-8.39
Weekly-1.05
Monthly-5.96
3 Month21.37
6 Month31.48
Yearly-2.74
5 Year52.69
All Time-95.25

Misc.

Average Day Range (14)0.83
Average Directional Index (14)25.37
Average True Range (14)0.93
Williams Percent Range (14)-60.00
Rate Of Change (9)-5.02
Hull Moving Average (9)14.24
Momentum (10)-0.70
Parabolic SAR15.86

PIVOT POINTS of Prajay Engineers Syndicate Limited (PRAENG)

NameS3S2S1Pivot PointsR1R2R3
Classic5.039.8312.3714.6317.1719.4324.23
Fibonacci9.8311.6712.8014.6316.4717.6019.43
Camarilla13.5814.0214.4614.6315.3415.7816.22
Woodie's7.659.8812.4514.6817.2519.4822.05
DeMark's - - 13.5015.2018.30 - -

Financial Analysis of Prajay Engineers Syndicate Limited (PRAENG)

Income Statement

Basic EPS (FY)-1.31
Basic EPS (TTM)-1.29
EBITDA (Annual YoY Growth)-405.42
EBITDA (Quarterly QoQ Growth)92.92
EBITDA (Quarterly YoY Growth)8.99
EBITDA (TTM)-194,499,000.00
EBITDA (TTM YoY Growth)-682.16
EPS Diluted (Annual YoY Growth)-270.38
EPS Diluted (FY)-1.31
EPS Diluted (Quarterly QoQ Growth)-580.90
EPS Diluted (Quarterly YoY Growth)5.69
EPS Diluted (TTM)-1.29
EPS Diluted (TTM YoY Growth)-100.08
Free Cash Flow Margin (FY)8.69
Gross Profit (Annual YoY Growth)-132.88
Gross Profit (FY)-21,963,000.00
Gross Profit (MRQ)-4,358,000.00
Gross Profit (Quarterly QoQ Growth)-146.68
Gross Profit (Quarterly YoY Growth)-169.96
Gross Profit (TTM YoY Growth)-99.73
Last Year Revenue (FY)298.3 M
Revenue (Annual YoY Growth)-67.94
Revenue per Employee (FY)4.3 M
Revenue (Quarterly QoQ Growth)-35.15
Revenue (Quarterly YoY Growth)36.04
Revenue (TTM YoY Growth)-63.76
Net Income (Annual YoY Growth)-270.39
Net Income (FY)-91,312,000.00
Net Income (Quarterly QoQ Growth)-581.15
Net Income (Quarterly YoY Growth)5.70
Net Income (TTM YoY Growth)-100.09
Total Revenue (FY)298.3 M

Valuation

Number of Employees70.00
Number of Shareholders19,297.00
Shares Float49.7 M
Price to Book (FY)0.18
Price to Revenue Ratio (TTM)3.12
Price to Sales (FY)3.33
Total Shares Outstanding69.9 M
Selling & Admin expenses Ratio (FY)47.27
Selling & Admin expenses Ratio (TTM)73.69

Balance Sheet

Total Assets (Annual YoY Growth)-18.23
Total Debt (Annual YoY Growth)-7.66
Total Liabilities (FY)3.9 B
Cash & Equivalents (FY)79.4 M
Cash and short term investments (FY)79.4 M

Operating Metrics

Dividends

Margins

Net Margin (FY)-30.61
Net Margin (TTM)-28.27
Gross Margin (FY)-7.36
Gross Margin (TTM)0.06
Operating Margin (FY)-79.06
Operating Margin (TTM)-73.63
Pretax Margin (TTM)-24.57

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