Share Price and Basic Stock Data
Last Updated: November 28, 2025, 9:10 am
| PEG Ratio | -4.51 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
PSP Projects Ltd operates in the construction and contracting sector, with a market capitalization of ₹3,843 Cr. The company reported sales of ₹1,927 Cr for the year ending March 2023, which rose to ₹2,462 Cr in March 2024, reflecting a substantial growth trajectory. The trailing twelve months (TTM) revenue stood at ₹2,485 Cr, indicating a consistent upward trend. Quarterly sales figures also illustrated this growth, with the latest available data showing sales of ₹607.15 Cr in September 2023, a notable increase from ₹356.60 Cr in September 2022. This performance underscores the company’s capacity to capitalize on growing infrastructure demands in India. The operating profit margin (OPM) for the same period was 4.77%, which, while lower than many competitors in the sector, demonstrates the company’s operational efficiency amid rising expenses. With an increasing backlog of projects, PSP Projects is well-positioned to leverage the burgeoning opportunities in the Indian construction market.
Profitability and Efficiency Metrics
PSP Projects reported a net profit of ₹133 Cr for the fiscal year ending March 2023, declining to ₹124 Cr in March 2024. This decline is accompanied by a significant drop in net profit margin, which stood at 2.30% for March 2025, down from 4.92% in March 2024. The company’s return on equity (ROE) was recorded at 5.40%, and the return on capital employed (ROCE) stood at 8.70%, both of which are low compared to industry benchmarks. The interest coverage ratio (ICR) was strong at 4.45x, indicating that the company can comfortably meet its interest obligations. However, the cash conversion cycle (CCC) has improved to 38 days, suggesting better management of working capital. Despite the downward trend in profitability metrics, the company’s ability to maintain a healthy interest coverage ratio and improve operational efficiency indicates potential for recovery and growth if managed well.
Balance Sheet Strength and Financial Ratios
As of March 2025, PSP Projects had total borrowings of ₹364 Cr against reserves of ₹1,184 Cr, indicating a solid equity base and manageable debt levels. The total liabilities stood at ₹2,337 Cr, while total assets were reported at ₹2,337 Cr, reflecting a balanced financial position. The debt-to-equity ratio was recorded at 0.22, which is relatively low, showcasing the company’s conservative approach to leveraging. The price-to-book value (P/BV) ratio stood at 2.07x, suggesting that the stock may be trading at a premium compared to its book value. Additionally, the company’s current ratio of 1.58x indicates adequate liquidity to cover short-term obligations. However, the declining ROCE to 9% in March 2025, down from 25% in March 2023, raises concerns about the efficiency of capital utilization. These ratios depict a company that is financially stable but may need to enhance operational efficiency to improve its return metrics further.
Shareholding Pattern and Investor Confidence
The shareholding pattern of PSP Projects reflects a strong promoter holding of 68.82%, which signifies a robust commitment from the management. Foreign Institutional Investors (FIIs) held 2.58%, while Domestic Institutional Investors (DIIs) accounted for 2.10%. The public shareholding stood at 26.50%, indicating a diverse ownership structure. Notably, the number of shareholders has decreased from 36,921 in December 2022 to 33,522 by September 2025, suggesting a potential decline in retail investor confidence. Additionally, the promoter holding has seen fluctuations, notably decreasing to 60.14% in mid-2024, before recovering. This volatility may raise concerns among investors about long-term stability. The consistent promoter holding, however, may provide a sense of security to existing shareholders, but the overall declining trend in public participation could be a warning signal regarding market sentiment.
Outlook, Risks, and Final Insight
Looking forward, PSP Projects is positioned to benefit from the expanding infrastructure sector in India; however, several risks persist. The declining profitability metrics, particularly the net profit margin and ROCE, could hinder growth unless addressed. Additionally, the company’s ability to maintain operational efficiency amidst rising costs remains a concern, especially as the construction sector faces inflationary pressures. Moreover, the fluctuating shareholding pattern may affect investor confidence and market perception. Strengths include a solid equity base, low debt levels, and a strong interest coverage ratio, indicating financial stability. If PSP Projects can enhance its profitability and manage operational costs effectively, it may recover its growth trajectory. Conversely, failure to address these challenges could lead to further declines in investor confidence and profitability.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
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 | 20.1 Cr. | 14.0 | 37.0/13.8 | 7.54 | 0.00 % | 0.70 % | 7.32 % | 10.0 | |
| Tarmat Ltd | 129 Cr. | 51.4 | 92.6/45.0 | 42.1 | 72.9 | 0.00 % | 1.55 % | 0.92 % | 10.0 |
| Supreme Infrastructure India Ltd | 239 Cr. | 93.0 | 162/79.2 | 2,425 | 0.00 % | % | % | 10.0 | |
| SPML Infra Ltd – a Multi-sector Infrastructure Player | 1,488 Cr. | 197 | 323/136 | 30.3 | 112 | 0.00 % | 8.91 % | 7.78 % | 2.00 |
| SKIL Infrastructure Ltd | 26.6 Cr. | 1.23 | 5.77/1.12 | 2.99 | 8.93 | 0.00 % | 1.10 % | 4.76 % | 10.0 |
| Industry Average | 6,993.43 Cr | 225.26 | 46.96 | 216.95 | 0.04% | 6.53% | 9.16% | 7.10 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 345.24 | 356.60 | 497.39 | 727.41 | 509.56 | 607.15 | 696.62 | 649.17 | 611.89 | 578.09 | 623.21 | 655.09 | 512.76 |
| Expenses | 298.14 | 317.99 | 435.74 | 649.75 | 444.91 | 533.41 | 625.19 | 597.35 | 538.44 | 539.25 | 587.85 | 624.65 | 488.30 |
| Operating Profit | 47.10 | 38.61 | 61.65 | 77.66 | 64.65 | 73.74 | 71.43 | 51.82 | 73.45 | 38.84 | 35.36 | 30.44 | 24.46 |
| OPM % | 13.64% | 10.83% | 12.39% | 10.68% | 12.69% | 12.15% | 10.25% | 7.98% | 12.00% | 6.72% | 5.67% | 4.65% | 4.77% |
| Other Income | 5.62 | 8.33 | 6.48 | 6.66 | 5.70 | 6.03 | 6.54 | 5.99 | 3.76 | 4.57 | 3.78 | 5.10 | 4.00 |
| Interest | 5.59 | 7.05 | 10.13 | 9.19 | 9.08 | 12.45 | 15.27 | 14.02 | 13.17 | 10.58 | 10.24 | 10.23 | 11.17 |
| Depreciation | 8.72 | 9.06 | 9.85 | 12.38 | 11.85 | 14.36 | 18.73 | 19.94 | 16.74 | 17.93 | 18.74 | 19.25 | 16.87 |
| Profit before tax | 38.41 | 30.83 | 48.15 | 62.75 | 49.42 | 52.96 | 43.97 | 23.85 | 47.30 | 14.90 | 10.16 | 6.06 | 0.42 |
| Tax % | 25.83% | 25.62% | 26.71% | 26.20% | 25.68% | 25.60% | 26.06% | 36.06% | 27.53% | 25.23% | 40.16% | 18.48% | 52.38% |
| Net Profit | 28.49 | 22.92 | 35.30 | 46.31 | 36.72 | 39.41 | 32.52 | 15.25 | 34.28 | 11.15 | 6.08 | 4.95 | 0.19 |
| EPS in Rs | 7.91 | 6.37 | 9.81 | 12.86 | 10.20 | 10.95 | 9.03 | 4.24 | 8.65 | 2.81 | 1.53 | 1.25 | 0.05 |
Last Updated: August 1, 2025, 2:15 pm
Below is a detailed analysis of the quarterly data for PSP Projects Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 512.76 Cr.. The value appears to be declining and may need further review. It has decreased from 655.09 Cr. (Mar 2025) to 512.76 Cr., marking a decrease of 142.33 Cr..
- For Expenses, as of Jun 2025, the value is 488.30 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 624.65 Cr. (Mar 2025) to 488.30 Cr., marking a decrease of 136.35 Cr..
- For Operating Profit, as of Jun 2025, the value is 24.46 Cr.. The value appears to be declining and may need further review. It has decreased from 30.44 Cr. (Mar 2025) to 24.46 Cr., marking a decrease of 5.98 Cr..
- For OPM %, as of Jun 2025, the value is 4.77%. The value appears strong and on an upward trend. It has increased from 4.65% (Mar 2025) to 4.77%, marking an increase of 0.12%.
- For Other Income, as of Jun 2025, the value is 4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5.10 Cr. (Mar 2025) to 4.00 Cr., marking a decrease of 1.10 Cr..
- For Interest, as of Jun 2025, the value is 11.17 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10.23 Cr. (Mar 2025) to 11.17 Cr., marking an increase of 0.94 Cr..
- For Depreciation, as of Jun 2025, the value is 16.87 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 19.25 Cr. (Mar 2025) to 16.87 Cr., marking a decrease of 2.38 Cr..
- For Profit before tax, as of Jun 2025, the value is 0.42 Cr.. The value appears to be declining and may need further review. It has decreased from 6.06 Cr. (Mar 2025) to 0.42 Cr., marking a decrease of 5.64 Cr..
- For Tax %, as of Jun 2025, the value is 52.38%. The value appears to be increasing, which may not be favorable. It has increased from 18.48% (Mar 2025) to 52.38%, marking an increase of 33.90%.
- For Net Profit, as of Jun 2025, the value is 0.19 Cr.. The value appears to be declining and may need further review. It has decreased from 4.95 Cr. (Mar 2025) to 0.19 Cr., marking a decrease of 4.76 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.05. The value appears to be declining and may need further review. It has decreased from 1.25 (Mar 2025) to 0.05, marking a decrease of 1.20.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 4:37 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 210 | 280 | 455 | 401 | 730 | 1,044 | 1,499 | 1,241 | 1,749 | 1,927 | 2,462 | 2,468 | 2,485 |
| Expenses | 194 | 258 | 415 | 335 | 628 | 895 | 1,308 | 1,106 | 1,492 | 1,699 | 2,200 | 2,289 | 2,346 |
| Operating Profit | 17 | 22 | 39 | 66 | 102 | 149 | 191 | 135 | 257 | 228 | 262 | 180 | 138 |
| OPM % | 8% | 8% | 9% | 16% | 14% | 14% | 13% | 11% | 15% | 12% | 11% | 7% | 6% |
| Other Income | 4 | 7 | 10 | 13 | 18 | 23 | 25 | 14 | 21 | 24 | 24 | 16 | 17 |
| Interest | 2 | 2 | 3 | 8 | 9 | 9 | 15 | 15 | 26 | 32 | 51 | 44 | 44 |
| Depreciation | 4 | 5 | 7 | 8 | 11 | 24 | 27 | 26 | 32 | 40 | 65 | 73 | 74 |
| Profit before tax | 15 | 21 | 39 | 64 | 100 | 139 | 174 | 109 | 219 | 180 | 170 | 78 | 37 |
| Tax % | 35% | 34% | 36% | 35% | 36% | 35% | 26% | 26% | 26% | 26% | 27% | 28% | |
| Net Profit | 10 | 14 | 25 | 42 | 64 | 90 | 129 | 81 | 162 | 133 | 124 | 56 | 26 |
| EPS in Rs | 125.88 | 175.62 | 78.53 | 14.45 | 17.88 | 25.07 | 35.91 | 22.44 | 45.11 | 36.95 | 34.42 | 14.24 | 6.59 |
| Dividend Payout % | 16% | 5% | 19% | 17% | 28% | 20% | 14% | 18% | 11% | 7% | 0% | 0% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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: November 9, 2025, 2:46 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.80 | 0.80 | 3 | 29 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 40 | 40 |
| Reserves | 34 | 46 | 63 | 78 | 267 | 335 | 421 | 502 | 649 | 764 | 879 | 1,169 | 1,184 |
| Borrowings | 26 | 33 | 45 | 68 | 22 | 26 | 75 | 81 | 100 | 145 | 455 | 272 | 364 |
| Other Liabilities | 75 | 106 | 117 | 140 | 260 | 333 | 427 | 371 | 482 | 811 | 653 | 856 | 1,059 |
| Total Liabilities | 136 | 186 | 229 | 315 | 584 | 731 | 959 | 990 | 1,267 | 1,756 | 2,022 | 2,337 | 2,647 |
| Fixed Assets | 19 | 33 | 52 | 51 | 77 | 103 | 108 | 116 | 207 | 240 | 322 | 307 | 359 |
| CWIP | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 42 | 0 | 18 | 3 | 3 | 2 |
| Investments | 9 | 13 | 18 | 22 | 20 | 4 | 4 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other Assets | 109 | 140 | 158 | 242 | 486 | 623 | 847 | 832 | 1,059 | 1,498 | 1,697 | 2,026 | 2,284 |
| Total Assets | 136 | 186 | 229 | 315 | 584 | 731 | 959 | 990 | 1,267 | 1,756 | 2,022 | 2,337 | 2,647 |
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.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -9.00 | -11.00 | -6.00 | -2.00 | 80.00 | 123.00 | 116.00 | 54.00 | 157.00 | 83.00 | -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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24 | 31 | 8 | 49 | 58 | 50 | 55 | 65 | 65 | 82 | 50 | 78 |
| Inventory Days | 7 | 12 | 8 | 9 | 45 | 66 | 66 | 82 | 59 | 96 | 151 | 146 |
| Days Payable | 183 | 175 | 133 | 199 | 164 | 140 | 148 | 237 | 188 | 232 | 198 | 186 |
| Cash Conversion Cycle | -152 | -132 | -117 | -142 | -60 | -24 | -27 | -89 | -64 | -54 | 2 | 38 |
| Working Capital Days | -113 | -140 | -98 | -112 | -53 | -17 | -1 | 4 | 13 | 22 | 34 | 67 |
| ROCE % | 34% | 33% | 44% | 50% | 44% | 41% | 41% | 22% | 35% | 25% | 19% | 9% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Bandhan ELSS Tax Saver Fund | 684,340 | 0.95 | 51.3 | 684,340 | 2025-04-22 17:25:22 | 0% |
| Bandhan Multi Cap Fund | 32,416 | 0.15 | 2.43 | 32,416 | 2025-04-22 17:25:22 | 0% |
| Motilal Oswal Nifty Microcap 250 Index Fund | 13,547 | 0.18 | 1.02 | 13,547 | 2025-04-22 17:25:22 | 0% |
| Bank of India Manufacturing & Infrastructure Fund | 13,140 | 0.6 | 0.99 | 13,140 | 2025-04-22 17:25:22 | 0% |
| Groww Nifty Total Market Index Fund | 35 | 0.01 | 0 | 35 | 2025-04-22 17:25:22 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 14.32 | 34.16 | 36.65 | 46.29 | 22.65 |
| Diluted EPS (Rs.) | 14.32 | 34.16 | 36.65 | 46.29 | 22.65 |
| Cash EPS (Rs.) | 32.95 | 52.31 | 48.51 | 55.09 | 30.28 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 304.97 | 254.13 | 222.50 | 190.82 | 148.86 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 304.97 | 254.13 | 222.50 | 190.82 | 148.86 |
| Revenue From Operations / Share (Rs.) | 633.71 | 696.05 | 538.28 | 485.57 | 344.68 |
| PBDIT / Share (Rs.) | 49.63 | 79.21 | 70.85 | 77.82 | 42.11 |
| PBIT / Share (Rs.) | 31.30 | 61.19 | 59.74 | 68.92 | 34.99 |
| PBT / Share (Rs.) | 20.15 | 47.07 | 50.86 | 61.56 | 30.82 |
| Net Profit / Share (Rs.) | 14.62 | 34.29 | 37.40 | 46.19 | 23.16 |
| NP After MI And SOA / Share (Rs.) | 14.23 | 34.16 | 36.65 | 46.29 | 22.65 |
| PBDIT Margin (%) | 7.83 | 11.37 | 13.16 | 16.02 | 12.21 |
| PBIT Margin (%) | 4.93 | 8.79 | 11.09 | 14.19 | 10.15 |
| PBT Margin (%) | 3.17 | 6.76 | 9.44 | 12.67 | 8.94 |
| Net Profit Margin (%) | 2.30 | 4.92 | 6.94 | 9.51 | 6.71 |
| NP After MI And SOA Margin (%) | 2.24 | 4.90 | 6.80 | 9.53 | 6.57 |
| Return on Networth / Equity (%) | 4.66 | 13.44 | 16.47 | 24.25 | 15.21 |
| Return on Capital Employeed (%) | 10.08 | 22.96 | 25.56 | 35.15 | 23.34 |
| Return On Assets (%) | 2.39 | 6.03 | 7.47 | 13.11 | 8.22 |
| Long Term Debt / Equity (X) | 0.01 | 0.04 | 0.04 | 0.02 | 0.01 |
| Total Debt / Equity (X) | 0.22 | 0.49 | 0.18 | 0.14 | 0.13 |
| Asset Turnover Ratio (%) | 1.14 | 1.32 | 1.27 | 1.55 | 1.27 |
| Current Ratio (X) | 1.58 | 1.42 | 1.39 | 1.45 | 1.53 |
| Quick Ratio (X) | 1.30 | 1.12 | 1.22 | 1.31 | 1.34 |
| Inventory Turnover Ratio (X) | 7.83 | 4.07 | 5.13 | 5.83 | 4.28 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 7.31 | 13.64 | 8.64 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 4.79 | 10.46 | 7.24 | 0.00 |
| Earning Retention Ratio (%) | 0.00 | 92.69 | 86.36 | 91.36 | 0.00 |
| Cash Earning Retention Ratio (%) | 0.00 | 95.21 | 89.54 | 92.76 | 0.00 |
| Interest Coverage Ratio (X) | 4.45 | 5.61 | 7.98 | 10.58 | 10.10 |
| Interest Coverage Ratio (Post Tax) (X) | 2.31 | 3.43 | 5.21 | 7.28 | 6.55 |
| Enterprise Value (Cr.) | 2570.24 | 2697.96 | 2319.67 | 1846.77 | 1512.95 |
| EV / Net Operating Revenue (X) | 1.02 | 1.08 | 1.20 | 1.06 | 1.22 |
| EV / EBITDA (X) | 13.06 | 9.46 | 9.09 | 6.59 | 9.98 |
| MarketCap / Net Operating Revenue (X) | 0.99 | 0.98 | 1.25 | 1.11 | 1.34 |
| Retention Ratios (%) | 0.00 | 92.68 | 86.35 | 91.35 | 0.00 |
| Price / BV (X) | 2.07 | 2.70 | 3.02 | 2.83 | 3.11 |
| Price / Net Operating Revenue (X) | 0.99 | 0.98 | 1.25 | 1.11 | 1.34 |
| EarningsYield | 0.02 | 0.04 | 0.05 | 0.08 | 0.04 |
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.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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:
- 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.
- 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.
- 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.
- 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.
- 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.
- Stock P/E: 144 (Industry average Stock P/E: 46.96)
- 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.
- 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.
Stock Rating: - Net Profit Margin: 2.3%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Construction, Contracting & Engineering | PSP House, Opposite Celesta Courtyard, Ahmedabad Gujarat 380058 | grievance@pspprojects.com http://www.pspprojects.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Prahaladbhai S Patel | Chairman & M.D & CEO |
| Ms. Pooja P Patel | Whole Time Director |
| Mr. Sagar P Patel | Executive Director |
| Mrs. Achala M Patel | Independent Director |
| Mr. Vasishtha P Patel | Independent Director |
| Mrs. Swati Mehta | Addnl. & Ind.Director |
FAQ
What is the intrinsic value of PSP Projects Ltd?
PSP Projects Ltd's intrinsic value (as of 29 November 2025) is 1960.67 which is 106.17% higher the current market price of 951.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 3,768 Cr. market cap, FY2025-2026 high/low of 1,031/607, 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 3,768 Cr..
What is the current Stock Price of PSP Projects Ltd as on 29 November 2025?
The current stock price of PSP Projects Ltd as on 29 November 2025 is 951.
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 1,031/607.
What is the Stock P/E of PSP Projects Ltd?
The Stock P/E of PSP Projects Ltd is 144.
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.