PSP Projects Limited
PSP Projects Limited, a construction company, provides construction and related services for industrial, institutional, commercial, residential, hospitality, hospital, and marquee government projects in India. It constructs industrial buildings for pharmaceutical plants, food processing units, engineering, manufacturing and processing facilities; and buildings for hospitals and healthcare services, educational institutes, shopping malls, hospitality services, and corporate offices. The company also undertakes government projects and government residential projects; and constructs buildings for group housing and townships and bespoke luxury homes, as well as independent residences for select private customers. PSP Projects Limited was incorporated in 2008 and is headquartered in Ahmedabad, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Comfortable interest coverage of 5.1x
Concerns1
- Valuation elevated β PE of 126.0x is 118% above Industrials median of 57.8x
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.47 K Cr | β | βΉ56.00 Cr | β | β | 4.6% | 0.2% | -54.8% |
| Mar 2024 | βΉ2.46 K Cr | β | βΉ124.00 Cr | β | β | 13.6% | 27.8% | -6.8% |
| Mar 2023 | βΉ1.93 K Cr | β | βΉ133.00 Cr | β | β | 16.6% | 10.2% | -17.9% |
| Mar 2022 | βΉ1.75 K Cr | β | βΉ162.00 Cr | β | β | 23.6% | 40.9% | 100.0% |
| Mar 2021 | βΉ1.24 K Cr | β | βΉ81.00 Cr | β | β | 15.1% | -17.2% | -37.2% |
| Mar 2020 | βΉ1.50 K Cr | β | βΉ129.00 Cr | β | β | 28.2% | 43.6% | 43.3% |
| Mar 2019 | βΉ1.04 K Cr | β | βΉ90.00 Cr | β | β | 24.3% | 43.0% | 40.6% |
| Mar 2018 | βΉ730.00 Cr | β | βΉ64.00 Cr | β | β | 21.1% | 82.0% | 52.4% |
| Mar 2017 | βΉ401.00 Cr | β | βΉ42.00 Cr | β | β | 39.3% | -11.9% | 68.0% |
| Mar 2016 | βΉ455.00 Cr | β | βΉ25.00 Cr | β | β | 37.9% | 62.5% | 78.6% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 2,485 |
| Total Expenses | 2,346 |
| EBIT / Operating Profit | 138 |
| OPM % | 6% |
| Other Income | 17 |
| Finance Costs | 44 |
| Depreciation & Amortisation | 74 |
| Profit Before Tax | 37 |
| Tax % | - |
| Net Profit / PAT | 26 |
| EPS (βΉ) | 6.59 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| PSP Projects Limitedthis co. | βΉ3.28 K Cr | βΉ2.47 K Cr | 126.00 | 2.68 | 11.87 | 0.2% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |