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Last Updated: February 25, 2026, 8:49 am
Author: Getaka|Social: XLinkedIn

PSP Projects Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 25, 2026, 8:49 am

Market Cap 2,942 Cr.
Current Price 742
Intrinsic Value₹755.31
High / Low 1,031/610
Stock P/E81.5
Book Value 309
Dividend Yield0.00 %
ROCE8.70 %
ROE5.40 %
Face Value 10.0
PEG Ratio-2.55

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

View Share Price Target for PSP Projects Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Techindia Nirman Ltd 20.1 Cr. 14.0 22.2/13.8 7.540.00 %0.70 %7.32 % 10.0
Tarmat Ltd 135 Cr. 53.9 64.9/45.035.1 70.00.00 %1.55 %0.92 % 10.0
Supreme Infrastructure India Ltd 205 Cr. 79.9 133/78.0 35.50.00 %%% 10.0
SPML Infra Ltd – a Multi-sector Infrastructure Player 1,343 Cr. 173 323/13622.6 1050.00 %8.91 %7.78 % 2.00
SKIL Infrastructure Ltd 24.0 Cr. 1.11 4.15/1.052.70 8.930.00 %1.10 %4.76 % 10.0
Industry Average5,898.21 Cr184.8835.12102.960.05%6.53%9.16%7.10

All Competitor Stocks of PSP Projects Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 497727510607697649612578623655513694771
Expenses 436650445533625597538539588625488646719
Operating Profit 62786574715273393530244852
OPM % 12%11%13%12%10%8%12%7%6%5%5%7%7%
Other Income 6766764545444
Interest 109912151413111010111211
Depreciation 10121214192017181919172024
Profit before tax 486349534424471510602121
Tax % 27%26%26%26%26%36%28%25%40%18%52%28%25%
Net Profit 35463739331534116501516
EPS in Rs 9.8112.8610.2010.959.034.248.652.811.531.250.053.764.05

Last Updated: February 4, 2026, 12:46 pm

Below is a detailed analysis of the quarterly data for PSP Projects Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

  • For Sales, as of Dec 2025, the value is 771.00 Cr.. The value appears strong and on an upward trend. It has increased from 694.00 Cr. (Sep 2025) to 771.00 Cr., marking an increase of 77.00 Cr..
  • For Expenses, as of Dec 2025, the value is 719.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 646.00 Cr. (Sep 2025) to 719.00 Cr., marking an increase of 73.00 Cr..
  • For Operating Profit, as of Dec 2025, the value is 52.00 Cr.. The value appears strong and on an upward trend. It has increased from 48.00 Cr. (Sep 2025) to 52.00 Cr., marking an increase of 4.00 Cr..
  • For OPM %, as of Dec 2025, the value is 7.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 7.00%.
  • For Other Income, as of Dec 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 4.00 Cr..
  • For Interest, as of Dec 2025, the value is 11.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 12.00 Cr. (Sep 2025) to 11.00 Cr., marking a decrease of 1.00 Cr..
  • For Depreciation, as of Dec 2025, the value is 24.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 20.00 Cr. (Sep 2025) to 24.00 Cr., marking an increase of 4.00 Cr..
  • For Profit before tax, as of Dec 2025, the value is 21.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 21.00 Cr..
  • For Tax %, as of Dec 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Sep 2025) to 25.00%, marking a decrease of 3.00%.
  • For Net Profit, as of Dec 2025, the value is 16.00 Cr.. The value appears strong and on an upward trend. It has increased from 15.00 Cr. (Sep 2025) to 16.00 Cr., marking an increase of 1.00 Cr..
  • For EPS in Rs, as of Dec 2025, the value is 4.05. The value appears strong and on an upward trend. It has increased from 3.76 (Sep 2025) to 4.05, marking an increase of 0.29.

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: December 15, 2025, 4:47 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 2102804554017301,0441,4991,2411,7491,9272,4622,4682,485
Expenses 1942584153356288951,3081,1061,4921,6992,2002,2892,346
Operating Profit 17223966102149191135257228262180138
OPM % 8%8%9%16%14%14%13%11%15%12%11%7%6%
Other Income 471013182325142124241617
Interest 22389915152632514444
Depreciation 4578112427263240657374
Profit before tax 152139641001391741092191801707837
Tax % 35%34%36%35%36%35%26%26%26%26%27%28%
Net Profit 101425426490129811621331245626
EPS in Rs 125.88175.6278.5314.4517.8825.0735.9122.4445.1136.9534.4214.246.59
Dividend Payout % 16%5%19%17%28%20%14%18%11%7%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)40.00%78.57%68.00%52.38%40.62%43.33%-37.21%100.00%-17.90%-6.77%-54.84%
Change in YoY Net Profit Growth (%)0.00%38.57%-10.57%-15.62%-11.76%2.71%-80.54%137.21%-117.90%11.13%-48.07%

PSP Projects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:24%
5 Years:10%
3 Years:12%
TTM:-8%
Compounded Profit Growth
10 Years:15%
5 Years:-15%
3 Years:-30%
TTM:-82%
Stock Price CAGR
10 Years:%
5 Years:11%
3 Years:7%
1 Year:7%
Return on Equity
10 Years:19%
5 Years:15%
3 Years:12%
Last Year:5%

Last Updated: September 5, 2025, 12:45 pm

Balance Sheet

Last Updated: December 4, 2025, 1:50 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 0.800.80329363636363636364040
Reserves 344663782673354215026497648791,1691,184
Borrowings 2633456822267581100145455272364
Other Liabilities 751061171402603334273714828116538561,059
Total Liabilities 1361862293155847319599901,2671,7562,0222,3372,647
Fixed Assets 1933525177103108116207240322307359
CWIP 000020042018332
Investments 91318222044111111
Other Assets 1091401582424866238478321,0591,4981,6972,0262,284
Total Assets 1361862293155847319599901,2671,7562,0222,3372,647

Below is a detailed analysis of the balance sheet data for PSP Projects Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 40.00 Cr..
  • For Reserves, as of Sep 2025, the value is 1,184.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,169.00 Cr. (Mar 2025) to 1,184.00 Cr., marking an increase of 15.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 364.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 272.00 Cr. (Mar 2025) to 364.00 Cr., marking an increase of 92.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 1,059.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 856.00 Cr. (Mar 2025) to 1,059.00 Cr., marking an increase of 203.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 2,647.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,337.00 Cr. (Mar 2025) to 2,647.00 Cr., marking an increase of 310.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 359.00 Cr.. The value appears strong and on an upward trend. It has increased from 307.00 Cr. (Mar 2025) to 359.00 Cr., marking an increase of 52.00 Cr..
  • For CWIP, as of Sep 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 1.00 Cr..
  • For Investments, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 1.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 2,284.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,026.00 Cr. (Mar 2025) to 2,284.00 Cr., marking an increase of 258.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 2,647.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,337.00 Cr. (Mar 2025) to 2,647.00 Cr., marking an increase of 310.00 Cr..

Notably, the Reserves (1,184.00 Cr.) exceed the Borrowings (364.00 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 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 203041137028197112043-22755
Cash from Investing Activity + -41-26-43-19-122-34-115-140-48-25-106
Cash from Financing Activity + 9431781-22-2-2-81226920
Net Cash Flow -12801129-28674-28617-31

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-9.00-11.00-6.00-2.0080.00123.00116.0054.00157.0083.00-193.00-92.00

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 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 24318495850556565825078
Inventory Days 71289456666825996151146
Days Payable 183175133199164140148237188232198186
Cash Conversion Cycle -152-132-117-142-60-24-27-89-64-54238
Working Capital Days -113-140-98-112-53-17-1413223467
ROCE %34%33%44%50%44%41%41%22%35%25%19%9%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 67.59%66.22%66.22%66.22%66.22%60.14%60.14%60.14%60.14%60.14%68.82%68.82%
FIIs 2.47%4.20%4.23%3.30%2.31%7.02%8.58%7.63%7.82%3.11%2.58%2.49%
DIIs 4.51%5.33%5.35%5.01%4.53%10.45%10.94%8.09%7.99%2.34%2.10%2.18%
Public 25.43%24.26%24.20%25.48%26.94%22.39%20.35%24.14%24.05%34.42%26.50%26.51%
No. of Shareholders 36,25236,91142,34648,54145,77241,86140,83943,24441,19737,29433,52235,636

Shareholding Pattern Chart

No. of Shareholders

PSP Projects Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
ICICI Prudential Infrastructure Fund 486,120 0.45 36.46N/AN/AN/A
Bank of India Manufacturing & Infrastructure Fund 152,407 1.73 11.43150,0922026-02-22 01:17:321.54%
Bank of India Multi Cap Fund 103,396 0.78 7.7698,7232026-02-22 01:17:324.73%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 14.3234.1636.6546.2922.65
Diluted EPS (Rs.) 14.3234.1636.6546.2922.65
Cash EPS (Rs.) 32.9552.3148.5155.0930.28
Book Value[Excl.RevalReserv]/Share (Rs.) 304.97254.13222.50190.82148.86
Book Value[Incl.RevalReserv]/Share (Rs.) 304.97254.13222.50190.82148.86
Revenue From Operations / Share (Rs.) 633.71696.05538.28485.57344.68
PBDIT / Share (Rs.) 49.6379.2170.8577.8242.11
PBIT / Share (Rs.) 31.3061.1959.7468.9234.99
PBT / Share (Rs.) 20.1547.0750.8661.5630.82
Net Profit / Share (Rs.) 14.6234.2937.4046.1923.16
NP After MI And SOA / Share (Rs.) 14.2334.1636.6546.2922.65
PBDIT Margin (%) 7.8311.3713.1616.0212.21
PBIT Margin (%) 4.938.7911.0914.1910.15
PBT Margin (%) 3.176.769.4412.678.94
Net Profit Margin (%) 2.304.926.949.516.71
NP After MI And SOA Margin (%) 2.244.906.809.536.57
Return on Networth / Equity (%) 4.6613.4416.4724.2515.21
Return on Capital Employeed (%) 10.0822.9625.5635.1523.34
Return On Assets (%) 2.396.037.4713.118.22
Long Term Debt / Equity (X) 0.010.040.040.020.01
Total Debt / Equity (X) 0.220.490.180.140.13
Asset Turnover Ratio (%) 1.141.321.271.551.27
Current Ratio (X) 1.581.421.391.451.53
Quick Ratio (X) 1.301.121.221.311.34
Inventory Turnover Ratio (X) 7.834.075.135.834.28
Dividend Payout Ratio (NP) (%) 0.007.3113.648.640.00
Dividend Payout Ratio (CP) (%) 0.004.7910.467.240.00
Earning Retention Ratio (%) 0.0092.6986.3691.360.00
Cash Earning Retention Ratio (%) 0.0095.2189.5492.760.00
Interest Coverage Ratio (X) 4.455.617.9810.5810.10
Interest Coverage Ratio (Post Tax) (X) 2.313.435.217.286.55
Enterprise Value (Cr.) 2570.242697.962319.671846.771512.95
EV / Net Operating Revenue (X) 1.021.081.201.061.22
EV / EBITDA (X) 13.069.469.096.599.98
MarketCap / Net Operating Revenue (X) 0.990.981.251.111.34
Retention Ratios (%) 0.0092.6886.3591.350.00
Price / BV (X) 2.072.703.022.833.11
Price / Net Operating Revenue (X) 0.990.981.251.111.34
EarningsYield 0.020.040.050.080.04

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 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 14.32. This value is within the healthy range. It has decreased from 34.16 (Mar 24) to 14.32, marking a decrease of 19.84.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 14.32. This value is within the healthy range. It has decreased from 34.16 (Mar 24) to 14.32, marking a decrease of 19.84.
  • For Cash EPS (Rs.), as of Mar 25, the value is 32.95. This value is within the healthy range. It has decreased from 52.31 (Mar 24) to 32.95, marking a decrease of 19.36.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 304.97. It has increased from 254.13 (Mar 24) to 304.97, marking an increase of 50.84.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 304.97. It has increased from 254.13 (Mar 24) to 304.97, marking an increase of 50.84.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 633.71. It has decreased from 696.05 (Mar 24) to 633.71, marking a decrease of 62.34.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 49.63. This value is within the healthy range. It has decreased from 79.21 (Mar 24) to 49.63, marking a decrease of 29.58.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 31.30. This value is within the healthy range. It has decreased from 61.19 (Mar 24) to 31.30, marking a decrease of 29.89.
  • For PBT / Share (Rs.), as of Mar 25, the value is 20.15. This value is within the healthy range. It has decreased from 47.07 (Mar 24) to 20.15, marking a decrease of 26.92.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 14.62. This value is within the healthy range. It has decreased from 34.29 (Mar 24) to 14.62, marking a decrease of 19.67.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 14.23. This value is within the healthy range. It has decreased from 34.16 (Mar 24) to 14.23, marking a decrease of 19.93.
  • For PBDIT Margin (%), as of Mar 25, the value is 7.83. This value is below the healthy minimum of 10. It has decreased from 11.37 (Mar 24) to 7.83, marking a decrease of 3.54.
  • For PBIT Margin (%), as of Mar 25, the value is 4.93. This value is below the healthy minimum of 10. It has decreased from 8.79 (Mar 24) to 4.93, marking a decrease of 3.86.
  • For PBT Margin (%), as of Mar 25, the value is 3.17. This value is below the healthy minimum of 10. It has decreased from 6.76 (Mar 24) to 3.17, marking a decrease of 3.59.
  • For Net Profit Margin (%), as of Mar 25, the value is 2.30. This value is below the healthy minimum of 5. It has decreased from 4.92 (Mar 24) to 2.30, marking a decrease of 2.62.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.24. This value is below the healthy minimum of 8. It has decreased from 4.90 (Mar 24) to 2.24, marking a decrease of 2.66.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 4.66. This value is below the healthy minimum of 15. It has decreased from 13.44 (Mar 24) to 4.66, marking a decrease of 8.78.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 10.08. This value is within the healthy range. It has decreased from 22.96 (Mar 24) to 10.08, marking a decrease of 12.88.
  • For Return On Assets (%), as of Mar 25, the value is 2.39. This value is below the healthy minimum of 5. It has decreased from 6.03 (Mar 24) to 2.39, marking a decrease of 3.64.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. It has decreased from 0.04 (Mar 24) to 0.01, marking a decrease of 0.03.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.22. This value is within the healthy range. It has decreased from 0.49 (Mar 24) to 0.22, marking a decrease of 0.27.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 1.14. It has decreased from 1.32 (Mar 24) to 1.14, marking a decrease of 0.18.
  • For Current Ratio (X), as of Mar 25, the value is 1.58. This value is within the healthy range. It has increased from 1.42 (Mar 24) to 1.58, marking an increase of 0.16.
  • For Quick Ratio (X), as of Mar 25, the value is 1.30. This value is within the healthy range. It has increased from 1.12 (Mar 24) to 1.30, marking an increase of 0.18.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 7.83. This value is within the healthy range. It has increased from 4.07 (Mar 24) to 7.83, marking an increase of 3.76.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 7.31 (Mar 24) to 0.00, marking a decrease of 7.31.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 4.79 (Mar 24) to 0.00, marking a decrease of 4.79.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 92.69 (Mar 24) to 0.00, marking a decrease of 92.69.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 95.21 (Mar 24) to 0.00, marking a decrease of 95.21.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 4.45. This value is within the healthy range. It has decreased from 5.61 (Mar 24) to 4.45, marking a decrease of 1.16.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.31. This value is below the healthy minimum of 3. It has decreased from 3.43 (Mar 24) to 2.31, marking a decrease of 1.12.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 2,570.24. It has decreased from 2,697.96 (Mar 24) to 2,570.24, marking a decrease of 127.72.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.02. This value is within the healthy range. It has decreased from 1.08 (Mar 24) to 1.02, marking a decrease of 0.06.
  • For EV / EBITDA (X), as of Mar 25, the value is 13.06. This value is within the healthy range. It has increased from 9.46 (Mar 24) to 13.06, marking an increase of 3.60.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.98 (Mar 24) to 0.99, marking an increase of 0.01.
  • For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 92.68 (Mar 24) to 0.00, marking a decrease of 92.68.
  • For Price / BV (X), as of Mar 25, the value is 2.07. This value is within the healthy range. It has decreased from 2.70 (Mar 24) to 2.07, marking a decrease of 0.63.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.98 (Mar 24) to 0.99, marking an increase of 0.01.
  • For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 24) to 0.02, marking a decrease of 0.02.

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 February 25, 2026 is: ₹1,109.69

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 February 25, 2026, PSP Projects Ltd is Undervalued by 49.55% compared to the current share price ₹742.00

Intrinsic Value of PSP Projects Ltd as of February 25, 2026 is: ₹755.31

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 February 25, 2026, PSP Projects Ltd is Undervalued by 1.79% compared to the current share price ₹742.00

Last 5 Year EPS CAGR: -31.94%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 33.08%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -32.83, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -68.42, which is a positive sign.
  4. The company has higher reserves (491.62 cr) compared to borrowings (131.69 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (160.54 cr) and profit (103.46 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: 2.3%
        • 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: 10.08% (Industry Average ROCE: 6.53%)
        • 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%: 4.66% (Industry Average ROE: 9.16%)
        • 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): 2.31
        • 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: 1.3
        • 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: 81.5 (Industry average Stock P/E: 35.12)
        • 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: 0.22
        • 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. 2468.28 Cr. and Equity Capital is Rs. 39.64 Cr. for the Year ended 31/03/2025.
    INDUSTRYADDRESSCONTACT
    Construction, Contracting & EngineeringPSP House, Opposite Celesta Courtyard, Ahmedabad Gujarat 380058Contact not found
    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 Woman Director
    Mr. Vasishtha P PatelIndependent Director
    Mrs. Swati MehtaIndependent Woman Director

    FAQ

    What is the intrinsic value of PSP Projects Ltd?

    PSP Projects Ltd's intrinsic value (as of 25 February 2026) is ₹755.31 which is 1.79% higher the current market price of ₹742.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹2,942 Cr. market cap, FY2025-2026 high/low of ₹1,031/610, reserves of ₹1,184 Cr, and liabilities of ₹2,647 Cr.

    What is the Market Cap of PSP Projects Ltd?

    The Market Cap of PSP Projects Ltd is 2,942 Cr..

    What is the current Stock Price of PSP Projects Ltd as on 25 February 2026?

    The current stock price of PSP Projects Ltd as on 25 February 2026 is ₹742.

    What is the High / Low of PSP Projects Ltd stocks in FY 2025-2026?

    In FY 2025-2026, the High / Low of PSP Projects Ltd stocks is ₹1,031/610.

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

    The Stock P/E of PSP Projects Ltd is 81.5.

    What is the Book Value of PSP Projects Ltd?

    The Book Value of PSP Projects Ltd is 309.

    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 8.70 %.

    What is the ROE of PSP Projects Ltd?

    The ROE of PSP Projects Ltd is 5.40 %.

    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
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