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Last Updated on: 12 March, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

PSP Projects Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 8, 2025, 11:04 am

Market Cap 2,486 Cr.
Current Price 627
High / Low 746/565
Stock P/E37.2
Book Value 302
Dividend Yield0.00 %
ROCE19.1 %
ROE14.4 %
Face Value 10.0
PEG Ratio-7.23

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for PSP Projects Ltd

Competitors of PSP Projects Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Techindia Nirman Ltd 29.7 Cr. 20.8 56.0/20.8 7.880.00 %0.43 %3.35 % 10.0
Tarmat Ltd 128 Cr. 53.0 121/49.081.3 71.70.00 %1.50 %1.14 % 10.0
Tantia Constructions Ltd 833 Cr. 53.8 61.2/29.6 16.00.00 %1.06 %5.61 % 1.00
Supreme Infrastructure India Ltd 220 Cr. 85.7 162/59.9 1,8950.00 %%% 10.0
SPML Infra Ltd – a Multi-sector Infrastructure Player 1,191 Cr. 168 306/92.638.7 80.70.00 %3.69 %0.16 % 2.00
Industry Average4,926.47 Cr175.8745.19171.430.12%7.38%80.00%6.61

All Competitor Stocks of PSP Projects Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 485.62555.34345.24356.60497.39727.41509.56607.15696.62649.17611.89578.09623.21
Expenses 411.56467.21298.14317.99435.74649.75444.91533.41625.19597.35538.44539.25587.85
Operating Profit 74.0688.1347.1038.6161.6577.6664.6573.7471.4351.8273.4538.8435.36
OPM % 15.25%15.87%13.64%10.83%12.39%10.68%12.69%12.15%10.25%7.98%12.00%6.72%5.67%
Other Income 7.615.425.628.336.486.665.706.036.545.993.764.573.78
Interest 9.769.465.597.0510.139.199.0812.4515.2714.0213.1710.5810.24
Depreciation 9.3810.228.729.069.8512.3811.8514.3618.7319.9416.7417.9318.74
Profit before tax 62.5373.8738.4130.8348.1562.7549.4252.9643.9723.8547.3014.9010.16
Tax % 24.98%27.16%25.83%25.62%26.71%26.20%25.68%25.60%26.06%36.06%27.53%25.23%40.16%
Net Profit 46.9153.8128.4922.9235.3046.3136.7239.4132.5215.2534.2811.156.08
EPS in Rs 13.0314.957.916.379.8112.8610.2010.959.034.248.652.811.53

Last Updated: February 28, 2025, 5:40 pm

Below is a detailed analysis of the quarterly data for PSP Projects Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹623.21 Cr.. The value appears strong and on an upward trend. It has increased from 578.09 Cr. (Sep 2024) to ₹623.21 Cr., marking an increase of ₹45.12 Cr..
  • For Expenses, as of Dec 2024, the value is ₹587.85 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 539.25 Cr. (Sep 2024) to ₹587.85 Cr., marking an increase of ₹48.60 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹35.36 Cr.. The value appears to be declining and may need further review. It has decreased from 38.84 Cr. (Sep 2024) to ₹35.36 Cr., marking a decrease of 3.48 Cr..
  • For OPM %, as of Dec 2024, the value is 5.67%. The value appears to be declining and may need further review. It has decreased from 6.72% (Sep 2024) to 5.67%, marking a decrease of 1.05%.
  • For Other Income, as of Dec 2024, the value is ₹3.78 Cr.. The value appears to be declining and may need further review. It has decreased from 4.57 Cr. (Sep 2024) to ₹3.78 Cr., marking a decrease of 0.79 Cr..
  • For Interest, as of Dec 2024, the value is ₹10.24 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 10.58 Cr. (Sep 2024) to ₹10.24 Cr., marking a decrease of 0.34 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹18.74 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 17.93 Cr. (Sep 2024) to ₹18.74 Cr., marking an increase of ₹0.81 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹10.16 Cr.. The value appears to be declining and may need further review. It has decreased from 14.90 Cr. (Sep 2024) to ₹10.16 Cr., marking a decrease of 4.74 Cr..
  • For Tax %, as of Dec 2024, the value is 40.16%. The value appears to be increasing, which may not be favorable. It has increased from 25.23% (Sep 2024) to 40.16%, marking an increase of 14.93%.
  • For Net Profit, as of Dec 2024, the value is ₹6.08 Cr.. The value appears to be declining and may need further review. It has decreased from 11.15 Cr. (Sep 2024) to ₹6.08 Cr., marking a decrease of 5.07 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 1.53. The value appears to be declining and may need further review. It has decreased from ₹2.81 (Sep 2024) to 1.53, marking a decrease of ₹1.28.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:07 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 2572102804554017301,0441,4991,2411,7491,9272,4622,462
Expenses 2351942584153356288951,3081,1061,4921,6992,2002,263
Operating Profit 2217223966102149191135257228262199
OPM % 9%8%8%9%16%14%14%13%11%15%12%11%8%
Other Income 44710131823251421242418
Interest 4223899151526325148
Depreciation 445781124272632406573
Profit before tax 181521396410013917410921918017096
Tax % 33%35%34%36%35%36%35%26%26%26%26%27%
Net Profit 121014254264901298116213312467
EPS in Rs 153.12125.88175.6278.5314.4517.8825.0735.9122.4445.1136.9534.4217.23
Dividend Payout % 7%16%5%19%17%28%20%14%18%11%7%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-16.67%40.00%78.57%68.00%52.38%40.62%43.33%-37.21%100.00%-17.90%-6.77%
Change in YoY Net Profit Growth (%)0.00%56.67%38.57%-10.57%-15.62%-11.76%2.71%-80.54%137.21%-117.90%11.13%

PSP Projects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:28%
5 Years:19%
3 Years:26%
TTM:-3%
Compounded Profit Growth
10 Years:29%
5 Years:6%
3 Years:14%
TTM:-57%
Stock Price CAGR
10 Years:%
5 Years:7%
3 Years:7%
1 Year:0%
Return on Equity
10 Years:23%
5 Years:20%
3 Years:19%
Last Year:14%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:49 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 0.800.800.803293636363636363640
Reserves 26344663782673354215026497648791,158
Borrowings 152633456822267581100145455274
Other Liabilities 5975106117140260333427371482811653849
Total Liabilities 1011361862293155847319599901,2671,7562,0222,321
Fixed Assets 181933525177103108116207240322316
CWIP 000002004201831
Investments 39131822204411111
Other Assets 791091401582424866238478321,0591,4981,6972,003
Total Assets 1011361862293155847319599901,2671,7562,0222,321

Below is a detailed analysis of the balance sheet data for PSP Projects Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹40.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹36.00 Cr. (Mar 2024) to ₹40.00 Cr., marking an increase of 4.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹1,158.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹879.00 Cr. (Mar 2024) to ₹1,158.00 Cr., marking an increase of 279.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹274.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from ₹455.00 Cr. (Mar 2024) to ₹274.00 Cr., marking a decrease of 181.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹849.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹653.00 Cr. (Mar 2024) to ₹849.00 Cr., marking an increase of 196.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹2,321.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹2,022.00 Cr. (Mar 2024) to ₹2,321.00 Cr., marking an increase of 299.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹316.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹322.00 Cr. (Mar 2024) to ₹316.00 Cr., marking a decrease of 6.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹1.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹3.00 Cr. (Mar 2024) to ₹1.00 Cr., marking a decrease of 2.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹1.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹2,003.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,697.00 Cr. (Mar 2024) to ₹2,003.00 Cr., marking an increase of 306.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹2,321.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2,022.00 Cr. (Mar 2024) to ₹2,321.00 Cr., marking an increase of 299.00 Cr..

Notably, the Reserves (₹1,158.00 Cr.) exceed the Borrowings (274.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +26203041137028197112043-227
Cash from Investing Activity +2-41-26-43-19-122-34-115-140-48-25
Cash from Financing Activity +-149431781-22-2-2-812269
Net Cash Flow15-12801129-28674-28617

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow7.00-9.00-11.00-6.00-2.0080.00123.00116.0054.00157.0083.00-193.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days17243184958505565658250
Inventory Days771289456666825996151
Days Payable132183175133199164140148237188232198
Cash Conversion Cycle-108-152-132-117-142-60-24-27-89-64-542
Working Capital Days-44-71-97-63-55-44-81627304295
ROCE %53%34%33%44%50%44%41%41%22%35%25%19%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters69.88%70.16%70.20%70.39%70.45%67.54%67.59%66.22%66.22%66.22%66.22%60.14%
FIIs1.27%1.71%1.78%1.89%1.97%2.27%2.47%4.20%4.23%3.30%2.31%7.02%
DIIs4.95%5.72%4.77%4.82%4.40%4.15%4.51%5.33%5.35%5.01%4.53%10.45%
Public23.89%22.41%23.24%22.90%23.18%26.03%25.43%24.26%24.20%25.48%26.94%22.39%
No. of Shareholders22,64528,32435,12335,28536,75036,92136,25236,91142,34648,54145,77241,861

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Bandhan ELSS Tax Saver Fund684,3400.9551.313,5472025-03-104951.6%
Bandhan Multi Cap Fund32,4160.152.4313,5472025-03-10139.29%
Motilal Oswal Nifty Microcap 250 Index Fund13,5470.181.0213,5472025-03-100%
Bank of India Manufacturing & Infrastructure Fund13,1400.60.9913,5472025-03-10-3%
Groww Nifty Total Market Index Fund350.01013,5472025-03-10-99.74%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 34.1636.6546.2922.6535.69
Diluted EPS (Rs.) 34.1636.6546.2922.6535.69
Cash EPS (Rs.) 52.3148.5155.0930.2842.98
Book Value[Excl.RevalReserv]/Share (Rs.) 254.13222.50190.82148.86126.35
Book Value[Incl.RevalReserv]/Share (Rs.) 254.13222.50190.82148.86126.35
Revenue From Operations / Share (Rs.) 696.05538.28485.57344.68416.46
PBDIT / Share (Rs.) 79.2170.8577.8242.1159.67
PBIT / Share (Rs.) 61.1959.7468.9234.9952.26
PBT / Share (Rs.) 47.0750.8661.5630.8248.08
Net Profit / Share (Rs.) 34.2937.4046.1923.1635.56
NP After MI And SOA / Share (Rs.) 34.1636.6546.2922.6535.69
PBDIT Margin (%) 11.3713.1616.0212.2114.32
PBIT Margin (%) 8.7911.0914.1910.1512.54
PBT Margin (%) 6.769.4412.678.9411.54
Net Profit Margin (%) 4.926.949.516.718.53
NP After MI And SOA Margin (%) 4.906.809.536.578.56
Return on Networth / Equity (%) 13.4416.4724.2515.2128.28
Return on Capital Employeed (%) 22.9625.5635.1523.3440.95
Return On Assets (%) 6.037.4713.118.2213.34
Long Term Debt / Equity (X) 0.040.040.020.010.01
Total Debt / Equity (X) 0.490.180.140.130.17
Asset Turnover Ratio (%) 1.321.271.551.271.77
Current Ratio (X) 1.421.391.451.531.39
Quick Ratio (X) 1.121.221.311.341.20
Inventory Turnover Ratio (X) 4.075.135.834.286.13
Dividend Payout Ratio (NP) (%) 7.3113.648.640.0028.02
Dividend Payout Ratio (CP) (%) 4.7910.467.240.0023.20
Earning Retention Ratio (%) 92.6986.3691.360.0071.98
Cash Earning Retention Ratio (%) 95.2189.5492.760.0076.80
Interest Coverage Ratio (X) 5.617.9810.5810.1014.27
Interest Coverage Ratio (Post Tax) (X) 3.435.217.286.559.50
Enterprise Value (Cr.) 2697.962319.671846.771512.951039.21
EV / Net Operating Revenue (X) 1.081.201.061.220.69
EV / EBITDA (X) 9.469.096.599.984.84
MarketCap / Net Operating Revenue (X) 0.981.251.111.340.77
Retention Ratios (%) 92.6886.3591.350.0071.97
Price / BV (X) 2.703.022.833.112.55
Price / Net Operating Revenue (X) 0.981.251.111.340.77
EarningsYield 0.040.050.080.040.11

After reviewing the key financial ratios for PSP Projects Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 34.16. This value is within the healthy range. It has decreased from 36.65 (Mar 23) to 34.16, marking a decrease of 2.49.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 34.16. This value is within the healthy range. It has decreased from 36.65 (Mar 23) to 34.16, marking a decrease of 2.49.
  • For Cash EPS (Rs.), as of Mar 24, the value is 52.31. This value is within the healthy range. It has increased from 48.51 (Mar 23) to 52.31, marking an increase of 3.80.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 254.13. It has increased from 222.50 (Mar 23) to 254.13, marking an increase of 31.63.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 254.13. It has increased from 222.50 (Mar 23) to 254.13, marking an increase of 31.63.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 696.05. It has increased from 538.28 (Mar 23) to 696.05, marking an increase of 157.77.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 79.21. This value is within the healthy range. It has increased from 70.85 (Mar 23) to 79.21, marking an increase of 8.36.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 61.19. This value is within the healthy range. It has increased from 59.74 (Mar 23) to 61.19, marking an increase of 1.45.
  • For PBT / Share (Rs.), as of Mar 24, the value is 47.07. This value is within the healthy range. It has decreased from 50.86 (Mar 23) to 47.07, marking a decrease of 3.79.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 34.29. This value is within the healthy range. It has decreased from 37.40 (Mar 23) to 34.29, marking a decrease of 3.11.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 34.16. This value is within the healthy range. It has decreased from 36.65 (Mar 23) to 34.16, marking a decrease of 2.49.
  • For PBDIT Margin (%), as of Mar 24, the value is 11.37. This value is within the healthy range. It has decreased from 13.16 (Mar 23) to 11.37, marking a decrease of 1.79.
  • For PBIT Margin (%), as of Mar 24, the value is 8.79. This value is below the healthy minimum of 10. It has decreased from 11.09 (Mar 23) to 8.79, marking a decrease of 2.30.
  • For PBT Margin (%), as of Mar 24, the value is 6.76. This value is below the healthy minimum of 10. It has decreased from 9.44 (Mar 23) to 6.76, marking a decrease of 2.68.
  • For Net Profit Margin (%), as of Mar 24, the value is 4.92. This value is below the healthy minimum of 5. It has decreased from 6.94 (Mar 23) to 4.92, marking a decrease of 2.02.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 4.90. This value is below the healthy minimum of 8. It has decreased from 6.80 (Mar 23) to 4.90, marking a decrease of 1.90.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 13.44. This value is below the healthy minimum of 15. It has decreased from 16.47 (Mar 23) to 13.44, marking a decrease of 3.03.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 22.96. This value is within the healthy range. It has decreased from 25.56 (Mar 23) to 22.96, marking a decrease of 2.60.
  • For Return On Assets (%), as of Mar 24, the value is 6.03. This value is within the healthy range. It has decreased from 7.47 (Mar 23) to 6.03, marking a decrease of 1.44.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.04. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.04.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.49. This value is within the healthy range. It has increased from 0.18 (Mar 23) to 0.49, marking an increase of 0.31.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.32. It has increased from 1.27 (Mar 23) to 1.32, marking an increase of 0.05.
  • For Current Ratio (X), as of Mar 24, the value is 1.42. This value is below the healthy minimum of 1.5. It has increased from 1.39 (Mar 23) to 1.42, marking an increase of 0.03.
  • For Quick Ratio (X), as of Mar 24, the value is 1.12. This value is within the healthy range. It has decreased from 1.22 (Mar 23) to 1.12, marking a decrease of 0.10.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.07. This value is within the healthy range. It has decreased from 5.13 (Mar 23) to 4.07, marking a decrease of 1.06.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 7.31. This value is below the healthy minimum of 20. It has decreased from 13.64 (Mar 23) to 7.31, marking a decrease of 6.33.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 4.79. This value is below the healthy minimum of 20. It has decreased from 10.46 (Mar 23) to 4.79, marking a decrease of 5.67.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 92.69. This value exceeds the healthy maximum of 70. It has increased from 86.36 (Mar 23) to 92.69, marking an increase of 6.33.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 95.21. This value exceeds the healthy maximum of 70. It has increased from 89.54 (Mar 23) to 95.21, marking an increase of 5.67.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 5.61. This value is within the healthy range. It has decreased from 7.98 (Mar 23) to 5.61, marking a decrease of 2.37.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.43. This value is within the healthy range. It has decreased from 5.21 (Mar 23) to 3.43, marking a decrease of 1.78.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 2,697.96. It has increased from 2,319.67 (Mar 23) to 2,697.96, marking an increase of 378.29.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.08. This value is within the healthy range. It has decreased from 1.20 (Mar 23) to 1.08, marking a decrease of 0.12.
  • For EV / EBITDA (X), as of Mar 24, the value is 9.46. This value is within the healthy range. It has increased from 9.09 (Mar 23) to 9.46, marking an increase of 0.37.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.98. This value is below the healthy minimum of 1. It has decreased from 1.25 (Mar 23) to 0.98, marking a decrease of 0.27.
  • For Retention Ratios (%), as of Mar 24, the value is 92.68. This value exceeds the healthy maximum of 70. It has increased from 86.35 (Mar 23) to 92.68, marking an increase of 6.33.
  • For Price / BV (X), as of Mar 24, the value is 2.70. This value is within the healthy range. It has decreased from 3.02 (Mar 23) to 2.70, marking a decrease of 0.32.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.98. This value is below the healthy minimum of 1. It has decreased from 1.25 (Mar 23) to 0.98, marking a decrease of 0.27.
  • For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.04, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of PSP Projects Ltd as of March 12, 2025 is: ₹1,320.09

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, PSP Projects Ltd is Undervalued by 110.54% compared to the current share price 627.00

Intrinsic Value of PSP Projects Ltd as of March 12, 2025 is: 1,252.15

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, PSP Projects Ltd is Undervalued by 99.70% compared to the current share price 627.00

Last 5 Year EPS CAGR: -5.15%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 36.75%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -14.33, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -80.58, which is a positive sign.
  4. The company has higher reserves (401.69 cr) compared to borrowings (105.00 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (180.15 cr) and profit (103.38 cr) over the years.

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in PSP Projects Ltd:
      1. Net Profit Margin: 4.92%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 22.96% (Industry Average ROCE: 7.38%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 13.44% (Industry Average ROE: 80%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 3.43
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 1.12
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. Stock P/E: 37.2 (Industry average Stock P/E: 45.19)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: 0.49
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    PSP Projects Ltd. is a Public Limited Listed company incorporated on 26/08/2008 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L45201GJ2008PLC054868 and registration number is 054868. Currently Company is involved in the business activities of Construction of buildings. Company's Total Operating Revenue is Rs. 2462.50 Cr. and Equity Capital is Rs. 36.00 Cr. for the Year ended 31/03/2024.
    INDUSTRYADDRESSCONTACT
    Construction, Contracting & EngineeringPSP House, Opposite Celesta Courtyard, Ahmedabad Gujarat 380058grievance@pspprojects.com
    http://www.pspprojects.com
    Management
    NamePosition Held
    Mr. Prahaladbhai S PatelChairman & M.D & CEO
    Ms. Pooja P PatelWhole Time Director
    Mr. Sagar P PatelExecutive Director
    Mrs. Achala M PatelIndependent Director
    Mr. Vasishtha P PatelIndependent Director
    Mrs. Swati MehtaAddnl. & Ind.Director

    FAQ

    What is the latest intrinsic value of PSP Projects Ltd?

    The latest intrinsic value of PSP Projects Ltd as on 11 March 2025 is ₹1320.09, which is 110.54% higher than the current market price of 627.00, indicating the stock is undervalued by 110.54%. The intrinsic value of PSP Projects Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹2,486 Cr. and recorded a high/low of ₹746/565 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,158 Cr and total liabilities of ₹2,321 Cr.

    What is the Market Cap of PSP Projects Ltd?

    The Market Cap of PSP Projects Ltd is 2,486 Cr..

    What is the current Stock Price of PSP Projects Ltd as on 11 March 2025?

    The current stock price of PSP Projects Ltd as on 11 March 2025 is ₹627.

    What is the High / Low of PSP Projects Ltd stocks in FY 2024-2025?

    In FY 2024-2025, the High / Low of PSP Projects Ltd stocks is ₹746/565.

    What is the Stock P/E of PSP Projects Ltd?

    The Stock P/E of PSP Projects Ltd is 37.2.

    What is the Book Value of PSP Projects Ltd?

    The Book Value of PSP Projects Ltd is 302.

    What is the Dividend Yield of PSP Projects Ltd?

    The Dividend Yield of PSP Projects Ltd is 0.00 %.

    What is the ROCE of PSP Projects Ltd?

    The ROCE of PSP Projects Ltd is 19.1 %.

    What is the ROE of PSP Projects Ltd?

    The ROE of PSP Projects Ltd is 14.4 %.

    What is the Face Value of PSP Projects Ltd?

    The Face Value of PSP Projects Ltd is 10.0.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in PSP Projects Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE