About
PSP Projects Limited, a construction company, provides construction and allied services for industrial, institutional, commercial, residential, hospitality, hospital, and landmark 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. In addition, the company designs, civil works, MEP (mechanical, electrical, and plumbing) services, façade development, interior fit-outs, and allied offerings. PSP Projects Limited was incorporated in 2008 and is headquartered in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap3,471 Cr
P/E47.30
Div Yield0.00 %
Book Value₹319.00
52w High₹1,143.00
52w Low₹569.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 785.00 | 1,012.00 | 771.00 | 694.00 | 513.00 | 655.00 | 623.00 | 578.00 | 612.00 | 649.00 | 697.00 | 607.00 | 510.00 |
| Expenses | 735.00 | 957.00 | 719.00 | 646.00 | 488.00 | 625.00 | 588.00 | 539.00 | 538.00 | 597.00 | 625.00 | 533.00 | 445.00 |
| Operating Profit | 51.00 | 55.00 | 52.00 | 48.00 | 24.00 | 30.00 | 35.00 | 39.00 | 73.00 | 52.00 | 71.00 | 74.00 | 65.00 |
| OPM % | 6.00 | 5.00 | 7.00 | 7.00 | 4.80 | 4.70 | 6.00 | 7.00 | 12.00 | 8.00 | 10.00 | 12.00 | 13.00 |
| Other Income | 4.00 | 9.00 | 4.00 | 4.00 | 4.00 | 5.00 | 4.00 | 5.00 | 4.00 | 6.00 | 7.00 | 6.00 | 6.00 |
| Depreciation | 23.00 | 26.00 | 24.00 | 20.00 | 17.00 | 19.00 | 19.00 | 18.00 | 17.00 | 20.00 | 19.00 | 14.00 | 12.00 |
| Interest | 8.00 | 11.00 | 11.00 | 12.00 | 11.00 | 10.00 | 10.00 | 11.00 | 13.00 | 14.00 | 15.00 | 12.00 | 9.00 |
| Profit before tax | 24.00 | 26.00 | 21.00 | 21.00 | 0.00 | 6.00 | 10.00 | 15.00 | 47.00 | 24.00 | 44.00 | 53.00 | 49.00 |
| Tax % | 37.00 | 20.00 | 25.00 | 28.00 | 52.00 | 18.00 | 40.00 | 25.00 | 28.00 | 36.00 | 26.00 | 26.00 | 26.00 |
| Net Profit | 15.00 | 21.00 | 16.00 | 15.00 | 0.00 | 5.00 | 6.00 | 11.00 | 34.00 | 15.00 | 33.00 | 39.00 | 37.00 |
| EPS in Rs | 3.82 | 5.34 | 4.05 | 3.76 | 0.05 | 1.25 | 1.53 | 2.81 | 8.65 | 4.24 | 9.03 | 10.95 | 10.20 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,989.00 | 2,468.00 | 2,462.00 | 1,927.00 | 1,749.00 | 1,241.00 | 1,499.00 | 1,044.00 | 730.00 | 401.00 | 455.00 | 280.00 |
| Expenses | 2,808.00 | 2,285.00 | 2,200.00 | 1,699.00 | 1,492.00 | 1,106.00 | 1,308.00 | 895.00 | 628.00 | 335.00 | 415.00 | 258.00 |
| Operating Profit | 181.00 | 183.00 | 262.00 | 228.00 | 257.00 | 135.00 | 191.00 | 149.00 | 102.00 | 66.00 | 39.00 | 22.00 |
| OPM % | 6.00 | 7.00 | 11.00 | 12.00 | 15.00 | 11.00 | 13.00 | 14.00 | 14.00 | 16.00 | 9.00 | 8.00 |
| Other Income | 20.00 | 12.00 | 24.00 | 24.00 | 21.00 | 14.00 | 25.00 | 23.00 | 18.00 | 13.00 | 10.00 | 7.00 |
| Interest | 45.00 | 44.00 | 51.00 | 32.00 | 26.00 | 15.00 | 15.00 | 9.00 | 9.00 | 8.00 | 3.00 | 2.00 |
| Depreciation | 87.00 | 73.00 | 65.00 | 40.00 | 32.00 | 26.00 | 27.00 | 24.00 | 11.00 | 8.00 | 7.00 | 5.00 |
| Profit before tax | 69.00 | 78.00 | 170.00 | 180.00 | 219.00 | 109.00 | 174.00 | 139.00 | 100.00 | 64.00 | 39.00 | 21.00 |
| Tax % | 24.00 | 28.00 | 27.00 | 26.00 | 26.00 | 26.00 | 26.00 | 35.00 | 36.00 | 35.00 | 36.00 | 34.00 |
| Net Profit | 52.00 | 56.00 | 124.00 | 133.00 | 162.00 | 81.00 | 129.00 | 90.00 | 64.00 | 42.00 | 25.00 | 14.00 |
| EPS in Rs | 13.19 | 14.24 | 34.42 | 36.95 | 45.11 | 22.44 | 35.91 | 25.07 | 17.88 | 14.45 | 78.53 | 175.62 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 7.00 | 11.00 | 18.00 | 14.00 | 20.00 | 28.00 | 17.00 | 19.00 | 5.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40.00 | 40.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 29.00 | 3.00 | 0.80 |
| Reserves | 1,221.00 | 1,169.00 | 879.00 | 764.00 | 649.00 | 502.00 | 421.00 | 335.00 | 267.00 | 78.00 | 63.00 | 46.00 |
| Borrowings | 330.00 | 272.00 | 455.00 | 145.00 | 100.00 | 81.00 | 75.00 | 26.00 | 22.00 | 68.00 | 45.00 | 33.00 |
| Other Liabilities | 1,381.00 | 856.00 | 653.00 | 811.00 | 482.00 | 371.00 | 427.00 | 333.00 | 260.00 | 140.00 | 117.00 | 106.00 |
| Total Liabilities | 2,972.00 | 2,337.00 | 2,022.00 | 1,756.00 | 1,267.00 | 990.00 | 959.00 | 731.00 | 584.00 | 315.00 | 229.00 | 186.00 |
| Fixed Assets | 413.00 | 307.00 | 322.00 | 240.00 | 207.00 | 116.00 | 108.00 | 103.00 | 77.00 | 51.00 | 52.00 | 33.00 |
| CWIP | 1.00 | 3.00 | 3.00 | 18.00 | 0.00 | 42.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 4.00 | 4.00 | 20.00 | 22.00 | 18.00 | 13.00 |
| Other Assets | 2,553.00 | 2,026.00 | 1,697.00 | 1,498.00 | 1,059.00 | 832.00 | 847.00 | 623.00 | 486.00 | 242.00 | 158.00 | 140.00 |
| Total Assets | 2,972.00 | 2,337.00 | 2,022.00 | 1,756.00 | 1,267.00 | 990.00 | 959.00 | 731.00 | 584.00 | 315.00 | 229.00 | 186.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 337.00 | 55.00 | -227.00 | 43.00 | 120.00 | 71.00 | 19.00 | 28.00 | 70.00 | 13.00 | 41.00 | 30.00 |
| Cash from Investing Activity | -168.00 | -106.00 | -25.00 | -48.00 | -140.00 | 5.00 | -11.00 | -34.00 | -122.00 | -19.00 | -43.00 | -26.00 |
| Cash from Financing Activity | 8.00 | 20.00 | 269.00 | 12.00 | -8.00 | -2.00 | -2.00 | -22.00 | 81.00 | 17.00 | 3.00 | 4.00 |
| Net Cash Flow | 178.00 | -31.00 | 17.00 | 6.00 | -28.00 | 74.00 | 6.00 | -28.00 | 29.00 | 11.00 | 0.00 | 8.00 |
| Free Cash Flow | 129.00 | -13.00 | -368.00 | -36.00 | 45.00 | -8.00 | -14.00 | -12.00 | 22.00 | 7.00 | 15.00 | 10.00 |
| CFO/OP % | 213.00 | 59.00 | -69.00 | 44.00 | 72.00 | 70.00 | 39.00 | 50.00 | 109.00 | 42.00 | 135.00 | 163.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 103.00 | 78.00 | 50.00 | 82.00 | 65.00 | 65.00 | 55.00 | 50.00 | 58.00 | 49.00 | 8.00 | 31.00 |
| Inventory Days | 116.00 | 146.00 | 151.00 | 96.00 | 59.00 | 82.00 | 66.00 | 66.00 | 45.00 | 9.00 | 8.00 | 12.00 |
| Days Payable | 135.00 | 186.00 | 198.00 | 232.00 | 188.00 | 237.00 | 148.00 | 140.00 | 164.00 | 199.00 | 133.00 | 175.00 |
| Cash Conversion Cycle | 83.00 | 38.00 | 2.00 | -54.00 | -64.00 | -89.00 | -27.00 | -24.00 | -60.00 | -142.00 | -117.00 | -132.00 |
| Working Capital Days | 22.00 | 67.00 | 34.00 | 22.00 | 13.00 | 4.00 | -1.00 | -17.00 | -53.00 | -112.00 | -98.00 | -140.00 |
| ROCE % | 8.00 | 9.00 | 19.00 | 25.00 | 35.00 | 22.00 | 41.00 | 41.00 | 44.00 | 50.00 | 44.00 | 33.00 |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 01 Sep 2023 | 02 Sep 2023 | — | 2.50 | |
| Dividend | 19 Sep 2022 | 20 Sep 2022 | — | 5.00 | |
| Dividend | 08 Sep 2021 | 11 Sep 2021 | — | 4.00 | |
| Dividend | 19 Mar 2020 | 21 Mar 2020 | — | 5.00 | |
| Dividend | 06 Sep 2019 | — | — | 5.00 | |
| Dividend | 18 Sep 2018 | — | — | 5.00 | |
| Dividend | 14 Sep 2017 | — | — | 2.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update22 Dec 2025 from care
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Rating update18 Feb 2025 from care
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Rating update28 Nov 2024 from care
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Rating update6 Feb 2024 from care
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Rating update14 Dec 2022 from care
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Rating update4 Oct 2021 from care
Conference Calls
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