Prajay Engineers Syndicate Limited (PRAENG) fair value: what the stock is really worth
As of Oct 28, 2026: fair value (intrinsic value) of Prajay Engineers Syndicate Limited stock ₹2.06, price ₹17.50, upside -88.2%, quality 43 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Prajay Engineers Syndicate Limited, together with its subsidiaries, engages in the construction, development, maintenance, and sale of residential, commercial, hospitality, and retail properties in India. It operates through Real estate, and Hotels and resorts segment segments.
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It involved in the development, sale, management, and operation of town ships and housing projects, as well as leasing of self-owned commercial premises. It also maintains hotels, restaurants, and resorts. Prajay Engineers Syndicate Limited was incorporated in 1994 and is based in Hyderabad, India.
Stock analysis
Prajay Engineers Syndicate Limited (PRAENG) currently trades at ₹17.50, while our model-based Fair Value estimate is ₹2.06, 88.2% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ₹18.51 per share, and 1 of the 7 models we run sit above the ₹17.50 price.
Bear case: the Multiples group reads lowest at ₹0.4800, and 6 of the 7 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹2.06 (bear) to ₹6.76 (bull), the price of ₹17.50 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Prajay Engineers Syndicate Limited reported revenue of ₹384M in FY2026 versus ₹930M in FY2022, a compound −19.8%/yr. Reported net income was −₹186M in FY2026.
Key figures
Market cap ₹1.2B (≈ $12.9M) Micro · P/S ratio 4.92 · EPS (TTM) ₹−2.60 · Net margin −63.5% · Return on equity −3.9% · Return on assets (EBIT) −1.5% · Operating margin −45.5% · Revenue (TTM) ₹286M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 13 out of 100 (low confidence).
What moves the price
The share trades about 47% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −11% fair-value upside, at −88%, PRAENG screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹0.4800 to ₹18.51). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear₹2.06Fair Value ₹2.06Bull₹6.76
Price ₹17.50 · Upside -88.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCFn/a₹2.42₹8.5077
Growth DCFn/a₹2.62₹7.9575
5Y Revenue Exitn/a₹3.63₹10.9169
All 7 models by family
DCF Models
FCF DCFn/a₹2.42₹8.5077
5Y Revenue Exitn/a₹3.63₹10.9169
10Y Revenue Exitn/a₹1.85₹5.5764
Multiples
EV/Revenuen/a₹0.4800>₹1.9250
Asset-Based
NCAV (Graham)₹12.22₹18.51₹23.1454
Growth DCF
Growth DCFn/a₹2.62₹7.9575
Rev-Margin DCFn/a₹3.94₹10.4869
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.22/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−33.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.0%
Start year 2021 (pandemic). Over 10 years: −8.4% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.4%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
4.5% (2021) → −66.3% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+16.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +12.3% a year for the price.
Compare Prajay Engineers Syndicate Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Real Estate - Development · 578 stocks
Beats the industry median on 2/10 measures
Overall it trails its industry peers.
Valuation
Quality Score43 · Below median
Fair Value upside−88.2% · Bottom 25%
Profitability
Return on assets−2.3% · Bottom 25%
Net margin (12 months)−63.5% · Bottom 25%
Operating margin (12 months)−45.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−67.0% · Bottom 25%
Balance sheet
Debt / equity0.28× · Below median
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/B0.26× · Cheapest 25%
P/S (12 months)4.29× · Priciest 25%
Price / free cash flow12.9× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 68
FUTURE (revenue growth)0· sector 0
PAST (return on equity)0· sector 11
HEALTH (low debt)86· sector 84
DIVIDEND (yield)0· sector 57
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Prajay Engineers Syndicate Limited (PRAENG) overvalued or undervalued?
As of Oct 25, 2026, our model estimates a fair value of ₹2.06 versus a price of ₹17.50, about −88% upside (overvalued).
What is the fair value of PRAENG?
Our model-based fair value for Prajay Engineers Syndicate Limited is ₹2.06 (as of Oct 25, 2026), built from audited fundamentals. The current price: ₹17.50.
What is the quality score of PRAENG?
Prajay Engineers Syndicate Limited has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Prajay Engineers Syndicate Limited (PRAENG)?
Our model-based price target is the fair value of ₹2.06 (as of Oct 25, 2026) from 7 valuation models. Cautious scenario ₹2.06, optimistic scenario ₹6.76. It is a calculation from audited fundamentals, not an analyst target.
What is the Prajay Engineers Syndicate Limited stock forecast for 2026?
Our models put fair value at ₹2.06, about −88% upside versus a price of ₹17.50 (overvalued). Cautious scenario ₹2.06, optimistic scenario ₹6.76. The calculation is refreshed regularly with new filings.
What is the revenue of Prajay Engineers Syndicate Limited (PRAENG)?
Prajay Engineers Syndicate Limited reported trailing-twelve-month revenue of about ₹286M (latest available figure, as of Oct 25, 2026).
What growth is priced into Prajay Engineers Syndicate Limited (PRAENG)?
For today's price to be fair in a discounted-cash-flow model, Prajay Engineers Syndicate Limited would have to grow free cash flow by +16.9 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +0.0 % per year. As of Oct 25, 2026.
What discount rate (WACC) does the fair value of PRAENG use?
Our models discount Prajay Engineers Syndicate Limited at 10.9 %: a base by market capitalisation (nano), damped by beta 0.27, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Prajay Engineers Syndicate Limited that is +16.9 % per year a year over ten years, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has Prajay Engineers Syndicate Limited (PRAENG) delivered so far?
Over the past 5 years revenue at Prajay Engineers Syndicate Limited grew +0.0 % a year. The price currently implies +16.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Prajay Engineers Syndicate Limited (PRAENG) growing?
The median revenue growth in the sector is +2.4 % a year. That is the yardstick for the growth priced into Prajay Engineers Syndicate Limited (+16.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Prajay Engineers Syndicate Limited (PRAENG)?
The free-cash-flow yield on the price is 7.83 %: that much free cash flow Prajay Engineers Syndicate Limited produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Prajay Engineers Syndicate Limited (PRAENG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Prajay Engineers Syndicate Limited it is ₹2.06 per share (as of Oct 25, 2026), against a price of ₹17.50. It is the blended result of 7 valuation models (cash flow, earnings, asset, dividend).
Is Prajay Engineers Syndicate Limited stock overvalued or undervalued in 2026?
As of Oct 25, 2026, PRAENG trades above its calculated fair value: price ₹17.50, fair value ₹2.06, a gap of about −88% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PRAENG?
No. The price is what the market pays today (₹17.50); the fair value is what the company's own numbers justify (₹2.06). For Prajay Engineers Syndicate Limited the two are ₹15.44 per share apart. That gap is exactly why we show both numbers side by side.
How much is Prajay Engineers Syndicate Limited worth?
The market values Prajay Engineers Syndicate Limited at about ₹1.2B (market capitalisation, as of Oct 25, 2026). Per share that is ₹17.50; our models calculate a fair value of ₹2.06 per share.
What do the bullish and bearish scenarios say about PRAENG?
Our models span a range for Prajay Engineers Syndicate Limited: cautious scenario ₹2.06, base ₹2.06, optimistic ₹6.76 per share (as of Oct 25, 2026, price ₹17.50). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Prajay Engineers Syndicate Limited (PRAENG)?
Balance-sheet figures for Prajay Engineers Syndicate Limited (as of Oct 25, 2026): return on equity −3.9%, debt of 0.28 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is PRAENG from its 52-week high?
Prajay Engineers Syndicate Limited trades at ₹17.50, about 47% below its 52-week high of ₹33.15 and 11% above the low of ₹15.81 (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of ₹2.06 is for.
Which stocks are comparable to Prajay Engineers Syndicate Limited?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, Vinhomes Joint Stock Company, CK Asset Holdings, Hongkong Land Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Prajay Engineers Syndicate Limited stock attractive at the current price?
The data as of Oct 25, 2026: price ₹17.50, calculated fair value ₹2.06 (−88%), Quality Score 43/100, from 7 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PRAENG calculated?
We run Prajay Engineers Syndicate Limited through 7 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹2.06, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.4 % above its aggregate fair value. Prajay Engineers Syndicate Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Prajay Engineers Syndicate Limited (PRAENG)?
The closing price on Oct 28, 2026 was ₹17.50. Our model-based fair value is ₹2.06, about −88% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Prajay Engineers Syndicate Limited right now?
The price sits above even our optimistic bull case (₹6.76). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (₹2.06 to ₹6.76). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Prajay Engineers Syndicate Limited
How large is the market capitalisation of Prajay Engineers Syndicate Limited (PRAENG)?
The market capitalisation of Prajay Engineers Syndicate Limited is ₹1.2B (≈ $12.9M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Prajay Engineers Syndicate Limited (PRAENG)?
The price-to-sales ratio of Prajay Engineers Syndicate Limited is 4.92 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Prajay Engineers Syndicate Limited (PRAENG)?
Earnings per share at Prajay Engineers Syndicate Limited are ₹−2.60. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Prajay Engineers Syndicate Limited (PRAENG)?
The net margin of Prajay Engineers Syndicate Limited is −63.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Prajay Engineers Syndicate Limited (PRAENG)?
The return on equity (ROE) of Prajay Engineers Syndicate Limited is −3.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Prajay Engineers Syndicate Limited (PRAENG)?
On an EBIT basis the return on assets of Prajay Engineers Syndicate Limited is −1.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Prajay Engineers Syndicate Limited (PRAENG)?
The operating margin of Prajay Engineers Syndicate Limited is −45.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Prajay Engineers Syndicate Limited (PRAENG)?
Revenue at Prajay Engineers Syndicate Limited is growing −67.0% versus a year earlier (3y avg +8.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does Prajay Engineers Syndicate Limited (PRAENG) carry?
The net debt of Prajay Engineers Syndicate Limited is ₹1.2B (fiscal year 2026, ≈ 12.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Oct 25, 2026