1. India Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
PSP Projects Ltd

PSP Projects Ltd

755.80
INR
+4.65
(+0.62%)
14.65EPS
68.52P/E
39.78BMarket Cap
Nov 02Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
58.45
77.89
132.21
123.55
214.97
290.4
414.67
342.82
482.27
534.78
691.09
632.94
786.72
837.5
Basic EPS, GAAP
2.8
3.9
6.34
11.53
18.78
24.84
35.69
22.65
46.29
36.65
34.16
14.32
14
14.65
Free Cash Flow per Basic Share
4.38
2.73
3.66
-5.67
1.15
-5.06
-4.88
-1.61
19.63
-9.58
-101.65
-3.87
32.76
- -
Dividend per Share
0.22
0.56
1.33
- -
3.1
6.03
12.06
- -
4
5
2.5
- -
- -
- -
Book Value per Share
9.66
13.03
17.6
29.07
83.73
102.59
126.16
148.86
190.82
222.5
254.13
304.97
318.84
- -
Tangible Book Value per Share
9.66
13.03
17.49
28.93
83.52
102.3
125.76
148.52
190.45
222.17
253.83
304.62
318.49
- -
Basic Weighted Avg Shares
36
36
36
36
35
36
36
36
36
36
36
39
40
39
Sales/Revenue/Turnover
2,104
2,804
4,760
4,448
7,502
10,454
14,928
12,341
17,362
19,252
24,879
24,933
31,187
32,993
Operating Margin (%)
6.28
6.13
5.95
13.67
12.57
11.98
11
9.19
13.09
9.87
7.89
4.43
3.33
3.15
Depreciation Expense
37
52
71
79
115
243
267
256
321
400
649
727
866
900
Net Income, GAAP
101
141
228
415
655
894
1,285
815
1,667
1,319
1,230
564
555
577
Effective Tax Rate (%)
34.65
33.89
36.55
35.65
35.58
35.11
26
24.86
24.97
26.47
27.15
27.43
25.38
28.11
Profit Margin (%)
4.79
5.01
4.8
9.33
8.73
8.55
8.61
6.61
9.6
6.85
4.94
2.26
1.78
1.75
Working Capital
109
2
-225
-113
1,294
1,770
1,954
2,408
2,564
3,580
4,521
6,565
6,125
- -
LT Debt
6
4
10
34
17
4
40
28
172
381
417
184
333
- -
Total Equity
348
469
638
1,053
3,025
3,702
4,549
5,359
6,870
8,010
9,149
12,089
12,640
- -
Return on Invested Capital (%)
16.89
16.12
22.75
26.98
22.84
21.6
25.63
14.3
24.24
16.31
12.48
5.51
5.07
- -
Return on Capital (%)
21.85
21.48
25.95
31.24
26.98
25.53
28.97
15.57
25.63
17.37
13.12
5.7
5.36
- -
Return on Common Equity (%)
32.81
34.4
41.41
49.41
32.27
26.67
31.2
16.47
27.26
17.73
14.33
5.31
4.49
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,970
- -
LT Borrowings
- -
228
- -
LT Finance Leases
- -
105
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
34,405
22,994
39,781

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
24,011
- -
Cash, Cash Equivalents & STI
- -
4,159
- -
Accounts Receivable, Net
- -
9,876
- -
Inventories
- -
3,476
- -
Total Current Liabilities
- -
17,886
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,970
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.1%
19.14%
4.55%
Free Cash Flow
-255.08%
-310.67%
-951.35%
Net Income, GAAP
20.43%
4.21%
-1.6%
Sales/Revenue/Turnover
23.3%
21.22%
25.08%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6,231
5,860
6,302
6,729
24,933
2026
5,178
- -
8,128
11,152
31,187
2027
8,535
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8.8
2.6
1.28
1.64
14.32
2026
0.11
- -
4.53
5.26
14
2027
4.63
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pooja P. Patel
Full Time Employees
16,791
Sector
Industrial services
Industry
Engineering & construction
Address
PSP House Ahmedabad GU India 380058
IPO Date
May 29, 2017
Website
pspprojects.com
Similar Companies
Larsen & Toubro Limited (NSE:LT)
Engineers India Limited (NSE:ENGINERSIN)
Tekfen Holding Anonim Sirketi (BIST:TKFEN)
Enka Insaat ve Sanayi A.S. (BIST:ENKAI)
Quanta Services, Inc. (NYSE:PWR)
Sterling Infrastructure, Inc. (NASDAQ:STRL)
Business
PSP Projects Limited, a multidisciplinary construction company headquartered in Ahmedabad, Gujarat, India, and founded in 2008, offers a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects primarily in India. The company provides end-to-end services across the construction value chain, including planning and design, civil construction for residential complexes, bungalows, commercial complexes, infrastructure, pharmaceutical, and industrial buildings; mechanical, electrical, and plumbing (MEP) services encompassing HVAC, BMS, electrical systems, low voltage and security systems, plumbing, firefighting, and fire alarms; building renovation and retrofitting; and interior fitouts featuring flooring, false ceilings, painting, custom or bought-out furniture, curtains, internal signage, and other furnishings. It serves private and public sector enterprises, with a historical focus on Gujarat that has expanded to other states, and executes marquee projects such as the Surat Diamond Bourse, Kashi Vishwanath Corridor, Nestle Plant in Sanand, Palladium Mall in Ahmedabad, and IIM Ahmedabad. In August 2025, Adani Infrastructure (India) Ltd acquired a 34.41% stake through a share purchase agreement and open offer, becoming a joint promoter alongside existing promoters including Prahaladbhai S Patel, marking a significant ownership restructuring and strategic alliance to bolster its infrastructure capabilities. As of late 2025, the company has completed 219 projects with 49 under execution and recently adopted amended articles of association while receiving ESG ratings disclosures.