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    Industrial services

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    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
PSP Projects Ltd
BSE:PSPPROJECT
(Bombay Stock Exchange)

Recent

price

755.80

P/E

ratio

68.52

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
49.62
71.45
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
Revenue per Share
2.32
3.4
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
Basic EPS, GAAP
2.29
6.15
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
- -
Free Cash Flow per Basic Share
- -
- -
0.22
0.56
1.33
- -
3.1
6.03
12.06
- -
4
5
2.5
- -
- -
- -
Dividend per Share
4.24
7.39
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
- -
Book Value per Share
4.24
7.39
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
- -
Tangible Book Value per Share
36
36
36
36
36
36
35
36
36
36
36
36
36
39
40
39
Basic Weighted Avg Shares
1,786
2,572
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
Sales/Revenue/Turnover
7.04
7.09
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
Operating Margin (%)
28
37
37
52
71
79
115
243
267
256
321
400
649
727
866
900
Depreciation Expense
84
123
101
141
228
415
655
894
1,285
815
1,667
1,319
1,230
564
555
577
Net Income, GAAP
32.68
32.66
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
Effective Tax Rate (%)
4.68
4.76
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
Profit Margin (%)
85
124
109
2
-225
-113
1,294
1,770
1,954
2,408
2,564
3,580
4,521
6,565
6,125
- -
Working Capital
151
115
6
4
10
34
17
4
40
28
172
381
417
184
333
- -
LT Debt
153
266
348
469
638
1,053
3,025
3,702
4,549
5,359
6,870
8,010
9,149
12,089
12,640
- -
Total Equity
- -
29.68
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 Invested Capital (%)
- -
35.24
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 Capital (%)
- -
58.51
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
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.