1. India Stocks

  2. •

    Industrials

  3. •

    Engineering & Construction
PSP Projects Limited

PSP Projects Limited

PSPPROJECT.NS
PSP Projects LimitedIN flagNational Stock Exchange of India
892.25
INR
+72.20
- -
35.37BMarket Cap
PSP Projects Limited
PSPPROJECT.NS
(National Stock Exchange of India)

Recent

price

892.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
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
- -
614.47
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
- -
5.66
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
- -
- -
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
6.88
8.74
11.53
15
26.5
45.1
62.52
86.12
108.82
150.75
182.43
214.06
210.82
- -
- -
Book Value per Share
4.24
7.39
9.66
13.03
17.63
29.1
86.48
102.53
125.95
148.52
190.45
222.17
253.83
306.55
- -
- -
Tangible Book Value per Share
36
36
36
36
36
36
35
36
36
36
36
36
36
39
- -
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
24,068
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
2.39
Operating Margin (%)
28
37
37
52
71
79
115
243
267
256
321
400
649
727
866
728
Depreciation Expense
84
122
101
141
228
415
655
894
1,285
815
1,667
1,319
1,230
564
555
222
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
27.65
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
0.92
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
- -
29.67
16.88
16.11
18.57
25.63
22.89
21.69
25.63
14.66
24.25
16.24
12.45
5.69
5.14
- -
Return on Invested Capital (%)
- -
36.04
23.01
22.9
28.13
33.38
38.49
42.04
41.87
20.75
32.24
20.84
14.99
6.98
7.11
11.41
Return on Capital (%)
- -
61.18
35.83
38.53
47.82
55.57
51.85
46.77
48.02
23.23
35.67
22
17.23
7.05
6.47
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
2,531
- -
LT Borrowings
- -
184
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
40
- -
Market Capitalization
25,576
24,944
29,764

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
17,793
- -
Cash, Cash Equivalents & STI
- -
2,087
- -
Accounts Receivable, Net
- -
5,788
- -
Inventories
- -
3,239
- -
Total Current Liabilities
- -
11,228
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,531
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,136
6,197
7,048
6,499
24,879
2025
6,231
5,860
6,302
6,729
24,933
2026
5,178
8,128
11,152
- -
31,187

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.51
10.7
8.63
- -
34.16
2025
8.8
2.6
1.28
1.64
14.32
2026
0.11
4.53
5.26
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.5
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Meiho Facility Works Ltd. (1717.T)
Raubex Group Limited (RBX.JO)
A B Infrabuild Ltd. (ABINFRA.NS)
Anhui Construction Engineering Group Co., Ltd. (600502.SS)
Unity Infraprojects Ltd. (UNITY.NS)
NIU Holdings Limited (8619.HK)
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.