PSP Projects Ltd.
•₹ 911.95-1.23%
2026-08-21
PROS
- Promoters have been increasing their shareholding - up 8.7pp over 2 years
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 20.5% CAGR over last 5 years
- Working capital cycle has improved - days down from 95 to 69
- Company maintains a comfortable, low leverage position
CONS
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on equity of 8.1% over last 3 years
- Company has a low return on capital employed of 11.9%
- Company has delivered a poor profit growth of -7.8% over past five years
- Contingent liabilities are large at 59.5% of net worth
- Operating margins have contracted to 6.0% from 13.2%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DLF | 667.10 | 37.14 | 165128.04 | 1.20 | 793.90 | -89.59 | 1280.34 | -52.87 | 6.81 | 49.68 |
| 2. | LODHA | 1206.00 | 29.21 | 120500.93 | 0.35 | 1373.10 | 103.39 | 4996.70 | 43.10 | 16.89 | 38.51 |
| 3. | PHOENIXLTD | 1915.15 | 53.51 | 68497.97 | 0.13 | 394.51 | 22.95 | 1074.94 | 12.80 | 13.70 | 59.77 |
| 4. | PRESTIGE | 1575.00 | 59.57 | 67840.01 | 0.13 | 271.40 | -12.87 | 2675.10 | 15.94 | 11.51 | 31.75 |
| 5. | OBEROIRLTY | 1859.00 | 25.70 | 67593.66 | 0.43 | 543.51 | 29.02 | 1300.89 | 31.73 | 17.69 | 56.75 |
| 6. | GODREJPROP | 1994.95 | 37.55 | 60093.18 | 0.50 | 349.38 | -41.61 | 506.17 | 16.48 | 8.37 | -57.98 |
| 7. | ANANTRAJ | 631.25 | 39.26 | 22717.23 | 0.16 | 149.19 | 18.50 | 631.40 | 6.58 | 12.23 | 29.53 |
| 8. | BRIGADE | 586.05 | 27.51 | 19120.43 | 0.26 | 216.94 | 37.35 | 1115.55 | -12.93 | 11.02 | 32.33 |
| 9. | ABREL | 1395.75 | 0.00 | 15589.92 | 0.18 | -34.59 | -27.73 | 188.85 | 30.95 | -4.54 | -30.02 |
| 10. | SOBHA | 1274.40 | 59.10 | 13630.20 | 0.47 | 50.85 | 273.37 | 1278.15 | 50.03 | 6.96 | 6.07 |
| 11. | SIGNATURE | 785.75 | 10.59 | 11054.40 | 0.00 | -16.53 | -148.00 | 551.99 | -36.24 | 5.56 | -8.10 |
| 12. | PSPPROJECT | 921.15 | 49.73 | 3651.60 | 0.00 | 18.34 | 4236.41 | 853.47 | 64.84 | 7.82 | 6.42 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 514 | 620 | 705 | 668 | 623 | 586 | 630 | 673 | 518 | 703 | 813 | 1,115 | 853 | |
| 447 | 547 | 635 | 615 | 549 | 548 | 595 | 641 | 493 | 653 | 758 | 1,055 | 829 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 6 | 6 | 6 | 6 | 4 | 5 | 4 | 5 | 4 | 4 | 4 | 5 | 4 |
| Interest | 9 | 12 | 15 | 14 | 13 | 11 | 10 | 10 | 11 | 12 | 11 | 11 | 8 |
| Depreciation | 12 | 14 | 19 | 20 | 17 | 18 | 19 | 19 | 17 | 20 | 24 | 26 | 23 |
| 51 | 52 | 42 | 25 | 48 | 14 | 10 | 8 | 1 | 22 | 24 | 27 | 28 | |
| Tax % | 25.70% | 25.63% | 26.12% | 35.08% | 27.49% | 25.18% | 36.24% | 19.63% | 41.67% | 27.78% | 25.36% | 23.03% | 35.07% |
| Net Profit | 0 | 0 | 0 | 0 | 35 | 10 | 5 | 6 | 0 | 16 | 18 | 21 | 18 |
| 11 | 11 | 9 | 4 | 9 | 3 | 1 | 2 | 0 | 4 | 5 | 5 | 0 | |
| Equity Capital | 36 | 36 | 36 | 36 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 36 | 36 | 36 | 36 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 514
- 447
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 9
- Depreciation
- 12
- 51
- Tax %
- 25.70%
- Net Profit
- 0
- 11
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 620
- 547
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 12
- Depreciation
- 14
- 52
- Tax %
- 25.63%
- Net Profit
- 0
- 11
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 705
- 635
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 15
- Depreciation
- 19
- 42
- Tax %
- 26.12%
- Net Profit
- 0
- 9
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 668
- 615
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 14
- Depreciation
- 20
- 25
- Tax %
- 35.08%
- Net Profit
- 0
- 4
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 623
- 549
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 13
- Depreciation
- 17
- 48
- Tax %
- 27.49%
- Net Profit
- 35
- 9
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 586
- 548
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 11
- Depreciation
- 18
- 14
- Tax %
- 25.18%
- Net Profit
- 10
- 3
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 630
- 595
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 10
- Depreciation
- 19
- 10
- Tax %
- 36.24%
- Net Profit
- 5
- 1
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 673
- 641
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 10
- Depreciation
- 19
- 8
- Tax %
- 19.63%
- Net Profit
- 6
- 2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 518
- 493
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 11
- Depreciation
- 17
- 1
- Tax %
- 41.67%
- Net Profit
- 0
- 0
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 703
- 653
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 12
- Depreciation
- 20
- 22
- Tax %
- 27.78%
- Net Profit
- 16
- 4
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 813
- 758
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 11
- Depreciation
- 24
- 24
- Tax %
- 25.36%
- Net Profit
- 18
- 5
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,115
- 1,055
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 11
- Depreciation
- 26
- 27
- Tax %
- 23.03%
- Net Profit
- 21
- 5
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 853
- 829
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 8
- Depreciation
- 23
- 28
- Tax %
- 35.07%
- Net Profit
- 18
- 0
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 445 | 752 | 1,050 | 1,499 | 1,241 | 1,748 | 1,938 | 2,506 | 2,512 | 3,149 | 3,484 | |
| 378 | 647 | 902 | 1,308 | 1,106 | 1,490 | 1,708 | 2,245 | 2,333 | 2,960 | 3,296 | |
| Operating Profit | 81 | 123 | 171 | 215 | 152 | 280 | 255 | 285 | 197 | 206 | — |
| OPM % | 18 | 16 | 16 | 14 | 12 | 16 | 13 | 11 | 8 | 7 | — |
| Other Income | 13 | 19 | 23 | 24 | 17 | 22 | 25 | 24 | 17 | 17 | 17 |
| Interest | 8 | 9 | 10 | 15 | 15 | 26 | 32 | 51 | 44 | 45 | 42 |
| Depreciation | 8 | 11 | 24 | 27 | 26 | 32 | 40 | 65 | 73 | 87 | 93 |
| 65 | 102 | 137 | 173 | 111 | 222 | 183 | 169 | 80 | 75 | 102 | |
| Tax % | 36 | 36 | 35 | 26 | 25 | 25 | 26 | 27 | 27 | 25 | 28 |
| Net Profit | 42 | 66 | 89 | 128 | 83 | 166 | 135 | 123 | 58 | 56 | 74 |
| EPS | 0 | 0 | 0 | 0 | 23 | 46 | 37 | 34 | 14 | 14 | — |
| Dividend Payout % | 17 | 27 | 20 | 14 | 18 | 11 | 7 | 0 | 0 | 0 | — |
| Minority Interest | -0 | -0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | -2 | 0 | -3 | -0 | -2 | -0 | -0 |
| Adjusted EPS | 14 | 18 | 25 | 36 | 23 | 46 | 37 | 34 | 14 | 14 | — |
| Minority Interest | -0 | -0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | -2 | 0 | -3 | -0 | -2 | -0 | -0 |
| Adjusted EPS | 14 | 18 | 25 | 36 | 23 | 46 | 37 | 34 | 14 | 14 | — |
Mar 2017
- 445
- 378
- Operating Profit
- 81
- OPM %
- 18
- Other Income
- 13
- Interest
- 8
- Depreciation
- 8
- 65
- Tax %
- 36
- Net Profit
- 42
- EPS
- 0
- Dividend Payout %
- 17
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2018
- 752
- 647
- Operating Profit
- 123
- OPM %
- 16
- Other Income
- 19
- Interest
- 9
- Depreciation
- 11
- 102
- Tax %
- 36
- Net Profit
- 66
- EPS
- 0
- Dividend Payout %
- 27
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2019
- 1,050
- 902
- Operating Profit
- 171
- OPM %
- 16
- Other Income
- 23
- Interest
- 10
- Depreciation
- 24
- 137
- Tax %
- 35
- Net Profit
- 89
- EPS
- 0
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
Mar 2020
- 1,499
- 1,308
- Operating Profit
- 215
- OPM %
- 14
- Other Income
- 24
- Interest
- 15
- Depreciation
- 27
- 173
- Tax %
- 26
- Net Profit
- 128
- EPS
- 0
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 36
Mar 2021
- 1,241
- 1,106
- Operating Profit
- 152
- OPM %
- 12
- Other Income
- 17
- Interest
- 15
- Depreciation
- 26
- 111
- Tax %
- 25
- Net Profit
- 83
- EPS
- 23
- Dividend Payout %
- 18
- Minority Interest
- 1
- Share of Associates
- -2
- Adjusted EPS
- 23
- Minority Interest
- 1
- Share of Associates
- -2
- Adjusted EPS
- 23
Mar 2022
- 1,748
- 1,490
- Operating Profit
- 280
- OPM %
- 16
- Other Income
- 22
- Interest
- 26
- Depreciation
- 32
- 222
- Tax %
- 25
- Net Profit
- 166
- EPS
- 46
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 46
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 46
Mar 2023
- 1,938
- 1,708
- Operating Profit
- 255
- OPM %
- 13
- Other Income
- 25
- Interest
- 32
- Depreciation
- 40
- 183
- Tax %
- 26
- Net Profit
- 135
- EPS
- 37
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- -3
- Adjusted EPS
- 37
- Minority Interest
- 0
- Share of Associates
- -3
- Adjusted EPS
- 37
Mar 2024
- 2,506
- 2,245
- Operating Profit
- 285
- OPM %
- 11
- Other Income
- 24
- Interest
- 51
- Depreciation
- 65
- 169
- Tax %
- 27
- Net Profit
- 123
- EPS
- 34
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 34
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 34
Mar 2025
- 2,512
- 2,333
- Operating Profit
- 197
- OPM %
- 8
- Other Income
- 17
- Interest
- 44
- Depreciation
- 73
- 80
- Tax %
- 27
- Net Profit
- 58
- EPS
- 14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -2
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- -2
- Adjusted EPS
- 14
Mar 2026
- 3,149
- 2,960
- Operating Profit
- 206
- OPM %
- 7
- Other Income
- 17
- Interest
- 45
- Depreciation
- 87
- 75
- Tax %
- 25
- Net Profit
- 56
- EPS
- 14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 14
TTM
- 3,484
- 3,296
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 42
- Depreciation
- 93
- 102
- Tax %
- 28
- Net Profit
- 74
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 21%
- 5 Years:
- 20%
- 3 Years:
- 18%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 9%
- 5 Years:
- -7%
- 3 Years:
- -25%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 17%
- 3 Years:
- 5%
- 1 Year:
- 41%
RETURN ON EQUITY
- 10 Years:
- 23%
- 5 Years:
- 14%
- 3 Years:
- 8%
- Last Year:
- 4%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 29 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 40 | 40 |
| 76 | 265 | 333 | 418 | 500 | 651 | 765 | 879 | 1,169 | 1,224 | |
| 72 | 29 | 31 | 76 | 81 | 82 | 107 | 360 | 219 | 274 | |
| Trade Payables | 74 | 127 | 159 | 217 | 257 | 258 | 368 | 420 | 418 | 465 |
| 75 | 140 | 170 | 209 | 108 | 231 | 476 | 323 | 479 | 1,040 | |
| Total Liabilities | 325 | 597 | 729 | 956 | 982 | 1,259 | 1,752 | 2,017 | 2,326 | 3,044 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 52 | 78 | 103 | 108 | 116 | 207 | 240 | 322 | 307 | 413 | |
| Capital Work in Progress | 0 | 2 | 0 | 0 | 42 | 0 | 18 | 3 | 3 | 1 |
| 18 | 16 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| 4 | 34 | 75 | 97 | 89 | 82 | 153 | 318 | 324 | 348 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 342 | 530 | 928 | |
| Cash & Bank | 107 | 228 | 222 | 197 | 229 | 196 | 242 | 227 | 208 | 416 |
| 145 | 240 | 328 | 554 | 505 | 773 | 1,099 | 805 | 953 | 938 | |
| Total Assets | 325 | 597 | 729 | 956 | 982 | 1,259 | 1,752 | 2,017 | 2,326 | 3,044 |
| Total Debt | 75 | 30 | 31 | 80 | 84 | 100 | 145 | 455 | 272 | 317 |
| Net Working Capital | -11 | 129 | 177 | 195 | 241 | 256 | 358 | 452 | 657 | 598 |
| Contingent Liabilities | 118 | 258 | 340 | 404 | 367 | 488 | 827 | 808 | 902 | 752 |
| Book Value per Share | 35.52 | 83.73 | 102.59 | 126.16 | 148.86 | 190.82 | 222.50 | 254.13 | 304.97 | 318.84 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 75 | 30 | 31 | 80 | 84 | 100 | 145 | 455 | 272 | 317 |
| Net Working Capital | -11 | 129 | 177 | 195 | 241 | 256 | 358 | 452 | 657 | 598 |
| Contingent Liabilities | 118 | 258 | 340 | 404 | 367 | 488 | 827 | 808 | 902 | 752 |
| Book Value per Share | 35.52 | 83.73 | 102.59 | 126.16 | 148.86 | 190.82 | 222.50 | 254.13 | 304.97 | 318.84 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 29
- 76
- 72
- Trade Payables
- 74
- 75
- Total Liabilities
- 325
- 52
- Capital Work in Progress
- 0
- 18
- 4
- 0
- Cash & Bank
- 107
- 145
- Total Assets
- 325
- Total Debt
- 75
- Net Working Capital
- -11
- Contingent Liabilities
- 118
- Book Value per Share
- 35.52
- Face Value
- 10.00
- Total Debt
- 75
- Net Working Capital
- -11
- Contingent Liabilities
- 118
- Book Value per Share
- 35.52
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 36
- 265
- 29
- Trade Payables
- 127
- 140
- Total Liabilities
- 597
- 78
- Capital Work in Progress
- 2
- 16
- 34
- 0
- Cash & Bank
- 228
- 240
- Total Assets
- 597
- Total Debt
- 30
- Net Working Capital
- 129
- Contingent Liabilities
- 258
- Book Value per Share
- 83.73
- Face Value
- 10.00
- Total Debt
- 30
- Net Working Capital
- 129
- Contingent Liabilities
- 258
- Book Value per Share
- 83.73
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 36
- 333
- 31
- Trade Payables
- 159
- 170
- Total Liabilities
- 729
- 103
- Capital Work in Progress
- 0
- 1
- 75
- 0
- Cash & Bank
- 222
- 328
- Total Assets
- 729
- Total Debt
- 31
- Net Working Capital
- 177
- Contingent Liabilities
- 340
- Book Value per Share
- 102.59
- Face Value
- 10.00
- Total Debt
- 31
- Net Working Capital
- 177
- Contingent Liabilities
- 340
- Book Value per Share
- 102.59
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 36
- 418
- 76
- Trade Payables
- 217
- 209
- Total Liabilities
- 956
- 108
- Capital Work in Progress
- 0
- 1
- 97
- 0
- Cash & Bank
- 197
- 554
- Total Assets
- 956
- Total Debt
- 80
- Net Working Capital
- 195
- Contingent Liabilities
- 404
- Book Value per Share
- 126.16
- Face Value
- 10.00
- Total Debt
- 80
- Net Working Capital
- 195
- Contingent Liabilities
- 404
- Book Value per Share
- 126.16
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 36
- 500
- 81
- Trade Payables
- 257
- 108
- Total Liabilities
- 982
- 116
- Capital Work in Progress
- 42
- 1
- 89
- 0
- Cash & Bank
- 229
- 505
- Total Assets
- 982
- Total Debt
- 84
- Net Working Capital
- 241
- Contingent Liabilities
- 367
- Book Value per Share
- 148.86
- Face Value
- 10.00
- Total Debt
- 84
- Net Working Capital
- 241
- Contingent Liabilities
- 367
- Book Value per Share
- 148.86
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 36
- 651
- 82
- Trade Payables
- 258
- 231
- Total Liabilities
- 1,259
- 207
- Capital Work in Progress
- 0
- 1
- 82
- 0
- Cash & Bank
- 196
- 773
- Total Assets
- 1,259
- Total Debt
- 100
- Net Working Capital
- 256
- Contingent Liabilities
- 488
- Book Value per Share
- 190.82
- Face Value
- 10.00
- Total Debt
- 100
- Net Working Capital
- 256
- Contingent Liabilities
- 488
- Book Value per Share
- 190.82
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 36
- 765
- 107
- Trade Payables
- 368
- 476
- Total Liabilities
- 1,752
- 240
- Capital Work in Progress
- 18
- 1
- 153
- 0
- Cash & Bank
- 242
- 1,099
- Total Assets
- 1,752
- Total Debt
- 145
- Net Working Capital
- 358
- Contingent Liabilities
- 827
- Book Value per Share
- 222.50
- Face Value
- 10.00
- Total Debt
- 145
- Net Working Capital
- 358
- Contingent Liabilities
- 827
- Book Value per Share
- 222.50
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 36
- 879
- 360
- Trade Payables
- 420
- 323
- Total Liabilities
- 2,017
- 322
- Capital Work in Progress
- 3
- 1
- 318
- 342
- Cash & Bank
- 227
- 805
- Total Assets
- 2,017
- Total Debt
- 455
- Net Working Capital
- 452
- Contingent Liabilities
- 808
- Book Value per Share
- 254.13
- Face Value
- 10.00
- Total Debt
- 455
- Net Working Capital
- 452
- Contingent Liabilities
- 808
- Book Value per Share
- 254.13
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 40
- 1,169
- 219
- Trade Payables
- 418
- 479
- Total Liabilities
- 2,326
- 307
- Capital Work in Progress
- 3
- 1
- 324
- 530
- Cash & Bank
- 208
- 953
- Total Assets
- 2,326
- Total Debt
- 272
- Net Working Capital
- 657
- Contingent Liabilities
- 902
- Book Value per Share
- 304.97
- Face Value
- 10.00
- Total Debt
- 272
- Net Working Capital
- 657
- Contingent Liabilities
- 902
- Book Value per Share
- 304.97
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 40
- 1,224
- 274
- Trade Payables
- 465
- 1,040
- Total Liabilities
- 3,044
- 413
- Capital Work in Progress
- 1
- 1
- 348
- 928
- Cash & Bank
- 416
- 938
- Total Assets
- 3,044
- Total Debt
- 317
- Net Working Capital
- 598
- Contingent Liabilities
- 752
- Book Value per Share
- 318.84
- Face Value
- 10.00
- Total Debt
- 317
- Net Working Capital
- 598
- Contingent Liabilities
- 752
- Book Value per Share
- 318.84
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -8 | 70 | 21 | 16 | 73 | 147 | 45 | -224 | 53 | 323 | |
| Cash from Investing | -3 | -122 | -23 | -8 | 5 | -164 | -51 | -26 | -106 | -152 |
| Cash from Financing | 22 | 81 | -26 | -2 | -4 | -11 | 12 | 269 | 20 | 10 |
| 11 | 29 | -27 | 6 | 74 | -28 | 6 | 19 | -33 | 180 | |
| Free Cash Flow | -13 | 31 | -24 | -16 | 2 | 73 | -43 | -352 | 13 | 155 |
| OCF / Net Profit | -0.18 | 1.06 | 0.24 | 0.12 | 0.88 | 0.89 | 0.34 | -1.81 | 0.91 | 5.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -21 | 66 | -8 | -336 | -308 | -154 |
| OCF / Net Profit | -0.18 | 1.06 | 0.24 | 0.12 | 0.88 | 0.89 | 0.34 | -1.81 | 0.91 | 5.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -21 | 66 | -8 | -336 | -308 | -154 |
Mar 2017
- -8
- Cash from Investing
- -3
- Cash from Financing
- 22
- 11
- Free Cash Flow
- -13
- OCF / Net Profit
- -0.18
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.18
- Cumulative 5-Year FCF
- 0
Mar 2018
- 70
- Cash from Investing
- -122
- Cash from Financing
- 81
- 29
- Free Cash Flow
- 31
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.06
- Cumulative 5-Year FCF
- 0
Mar 2019
- 21
- Cash from Investing
- -23
- Cash from Financing
- -26
- -27
- Free Cash Flow
- -24
- OCF / Net Profit
- 0.24
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.24
- Cumulative 5-Year FCF
- 0
Mar 2020
- 16
- Cash from Investing
- -8
- Cash from Financing
- -2
- 6
- Free Cash Flow
- -16
- OCF / Net Profit
- 0.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.12
- Cumulative 5-Year FCF
- 0
Mar 2021
- 73
- Cash from Investing
- 5
- Cash from Financing
- -4
- 74
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.88
- Cumulative 5-Year FCF
- -21
- OCF / Net Profit
- 0.88
- Cumulative 5-Year FCF
- -21
Mar 2022
- 147
- Cash from Investing
- -164
- Cash from Financing
- -11
- -28
- Free Cash Flow
- 73
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 66
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 66
Mar 2023
- 45
- Cash from Investing
- -51
- Cash from Financing
- 12
- 6
- Free Cash Flow
- -43
- OCF / Net Profit
- 0.34
- Cumulative 5-Year FCF
- -8
- OCF / Net Profit
- 0.34
- Cumulative 5-Year FCF
- -8
Mar 2024
- -224
- Cash from Investing
- -26
- Cash from Financing
- 269
- 19
- Free Cash Flow
- -352
- OCF / Net Profit
- -1.81
- Cumulative 5-Year FCF
- -336
- OCF / Net Profit
- -1.81
- Cumulative 5-Year FCF
- -336
Mar 2025
- 53
- Cash from Investing
- -106
- Cash from Financing
- 20
- -33
- Free Cash Flow
- 13
- OCF / Net Profit
- 0.91
- Cumulative 5-Year FCF
- -308
- OCF / Net Profit
- 0.91
- Cumulative 5-Year FCF
- -308
Mar 2026
- 323
- Cash from Investing
- -152
- Cash from Financing
- 10
- 180
- Free Cash Flow
- 155
- OCF / Net Profit
- 5.81
- Cumulative 5-Year FCF
- -154
- OCF / Net Profit
- 5.81
- Cumulative 5-Year FCF
- -154
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 14.41 | 18.20 | 24.84 | 35.69 | 22.65 | 46.29 | 36.65 | 34.16 | 14.23 | 14.00 |
| Book Value (₹) | 35.52 | 83.73 | 102.59 | 126.16 | 148.86 | 190.82 | 222.50 | 254.13 | 304.97 | 318.84 |
| Dividend per Share (₹) | 2.50 | 5.00 | 5.00 | 5.00 | 4.00 | 5.00 | 2.50 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 17.20 | 21.52 | 31.51 | 43.03 | 30.28 | 55.09 | 48.51 | 52.31 | 32.95 | 35.86 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 18.11% | 16.39% | 16.31% | 14.34% | 12.22% | 16.03% | 13.16% | 10.41% | 7.14% | 6.00% |
| Net Margin % | 9.36% | 8.78% | 8.48% | 8.55% | 6.72% | 9.51% | 6.95% | 4.93% | 2.31% | 1.77% |
| ROE % | 50.05% | 32.70% | 26.57% | 31.14% | 16.84% | 27.19% | 18.10% | 14.39% | 5.46% | 4.50% |
| ROCE % | 50.41% | 43.91% | 40.16% | 40.30% | 21.83% | 35.28% | 24.83% | 19.02% | 8.71% | 7.82% |
| 14.46% | 14.31% | 13.44% | 15.22% | 8.61% | 14.84% | 8.94% | 6.55% | 2.67% | 2.07% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 32 | 44 | 47 | 47 | 68 | 56 | 70 | 57 | 63 | 85 |
| Inventory Days | 6 | 9 | 19 | 21 | 27 | 18 | 22 | 34 | 47 | 39 |
| Payable Days | 183 | 127 | 126 | 128 | 218 | 188 | 197 | 182 | 187 | 136 |
| -145 | -74 | -60 | -61 | -123 | -114 | -104 | -91 | -77 | -12 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.73x | 0.10x | 0.08x | 0.18x | 0.16x | 0.15x | 0.18x | 0.50x | 0.22x | 0.25x |
| Interest Coverage (x) | 9.14x | 12.02x | 15.20x | 12.51x | 8.39x | 9.37x | 6.73x | 4.33x | 2.81x | 2.65x |
| 0.95x | 1.44x | 1.49x | 1.39x | 1.53x | 1.45x | 1.39x | 1.42x | 1.58x | 1.33x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -6.55% | 68.99% | 39.75% | 42.73% | -17.23% | 40.87% | 10.85% | 29.31% | 0.25% | 25.34% |
| Operating Profit Growth % | 78.20% | 53.02% | 39.02% | 25.50% | -29.49% | 84.81% | -8.96% | 11.80% | -31.00% | 4.86% |
| Net Profit Growth % | 88.94% | 58.60% | 35.03% | 43.85% | -34.97% | 99.45% | -19.02% | -8.31% | -53.05% | -4.09% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -6.80% | -58.34% | -1.60% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.09x | 44.43x | 41.42x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.70x | 2.07x | 1.82x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.46x | 13.06x | 10.67x |
Mar 2017
- EPS (₹)
- 14.41
- Book Value (₹)
- 35.52
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 17.20
- Operating Margin %
- 18.11%
- Net Margin %
- 9.36%
- ROE %
- 50.05%
- ROCE %
- 50.41%
- 14.46%
- Debtor Days
- 32
- Inventory Days
- 6
- Payable Days
- 183
- -145
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 9.14x
- 0.95x
- Revenue Growth %
- -6.55%
- Operating Profit Growth %
- 78.20%
- Net Profit Growth %
- 88.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 18.20
- Book Value (₹)
- 83.73
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 21.52
- Operating Margin %
- 16.39%
- Net Margin %
- 8.78%
- ROE %
- 32.70%
- ROCE %
- 43.91%
- 14.31%
- Debtor Days
- 44
- Inventory Days
- 9
- Payable Days
- 127
- -74
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 12.02x
- 1.44x
- Revenue Growth %
- 68.99%
- Operating Profit Growth %
- 53.02%
- Net Profit Growth %
- 58.60%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 24.84
- Book Value (₹)
- 102.59
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 31.51
- Operating Margin %
- 16.31%
- Net Margin %
- 8.48%
- ROE %
- 26.57%
- ROCE %
- 40.16%
- 13.44%
- Debtor Days
- 47
- Inventory Days
- 19
- Payable Days
- 126
- -60
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 15.20x
- 1.49x
- Revenue Growth %
- 39.75%
- Operating Profit Growth %
- 39.02%
- Net Profit Growth %
- 35.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 35.69
- Book Value (₹)
- 126.16
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 43.03
- Operating Margin %
- 14.34%
- Net Margin %
- 8.55%
- ROE %
- 31.14%
- ROCE %
- 40.30%
- 15.22%
- Debtor Days
- 47
- Inventory Days
- 21
- Payable Days
- 128
- -61
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 12.51x
- 1.39x
- Revenue Growth %
- 42.73%
- Operating Profit Growth %
- 25.50%
- Net Profit Growth %
- 43.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 22.65
- Book Value (₹)
- 148.86
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 30.28
- Operating Margin %
- 12.22%
- Net Margin %
- 6.72%
- ROE %
- 16.84%
- ROCE %
- 21.83%
- 8.61%
- Debtor Days
- 68
- Inventory Days
- 27
- Payable Days
- 218
- -123
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 8.39x
- 1.53x
- Revenue Growth %
- -17.23%
- Operating Profit Growth %
- -29.49%
- Net Profit Growth %
- -34.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 46.29
- Book Value (₹)
- 190.82
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 55.09
- Operating Margin %
- 16.03%
- Net Margin %
- 9.51%
- ROE %
- 27.19%
- ROCE %
- 35.28%
- 14.84%
- Debtor Days
- 56
- Inventory Days
- 18
- Payable Days
- 188
- -114
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 9.37x
- 1.45x
- Revenue Growth %
- 40.87%
- Operating Profit Growth %
- 84.81%
- Net Profit Growth %
- 99.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 36.65
- Book Value (₹)
- 222.50
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 48.51
- Operating Margin %
- 13.16%
- Net Margin %
- 6.95%
- ROE %
- 18.10%
- ROCE %
- 24.83%
- 8.94%
- Debtor Days
- 70
- Inventory Days
- 22
- Payable Days
- 197
- -104
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 6.73x
- 1.39x
- Revenue Growth %
- 10.85%
- Operating Profit Growth %
- -8.96%
- Net Profit Growth %
- -19.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 34.16
- Book Value (₹)
- 254.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 52.31
- Operating Margin %
- 10.41%
- Net Margin %
- 4.93%
- ROE %
- 14.39%
- ROCE %
- 19.02%
- 6.55%
- Debtor Days
- 57
- Inventory Days
- 34
- Payable Days
- 182
- -91
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 4.33x
- 1.42x
- Revenue Growth %
- 29.31%
- Operating Profit Growth %
- 11.80%
- Net Profit Growth %
- -8.31%
- -6.80%
- P/E (x)
- 20.09x
- P/B (x)
- 2.70x
- Dividend Yield %
- 0.00%
- 9.46x
Mar 2025
- EPS (₹)
- 14.23
- Book Value (₹)
- 304.97
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 32.95
- Operating Margin %
- 7.14%
- Net Margin %
- 2.31%
- ROE %
- 5.46%
- ROCE %
- 8.71%
- 2.67%
- Debtor Days
- 63
- Inventory Days
- 47
- Payable Days
- 187
- -77
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 2.81x
- 1.58x
- Revenue Growth %
- 0.25%
- Operating Profit Growth %
- -31.00%
- Net Profit Growth %
- -53.05%
- -58.34%
- P/E (x)
- 44.43x
- P/B (x)
- 2.07x
- Dividend Yield %
- 0.00%
- 13.06x
Mar 2026
- EPS (₹)
- 14.00
- Book Value (₹)
- 318.84
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 35.86
- Operating Margin %
- 6.00%
- Net Margin %
- 1.77%
- ROE %
- 4.50%
- ROCE %
- 7.82%
- 2.07%
- Debtor Days
- 85
- Inventory Days
- 39
- Payable Days
- 136
- -12
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 2.65x
- 1.33x
- Revenue Growth %
- 25.34%
- Operating Profit Growth %
- 4.86%
- Net Profit Growth %
- -4.09%
- -1.60%
- P/E (x)
- 41.42x
- P/B (x)
- 1.82x
- Dividend Yield %
- 0.00%
- 10.67x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-05 - PSP Projects Limited has informed the Exchange about Transcript
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-07-30 - PSP Projects Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jul 2026
May 2026