PSP Projects

Why is PSP Projects Ltd falling/rising?

As of 30-Jul, PSP Projects Ltd's stock price is at 950.75, down 7.09% today and showing negative returns over the past week and month. Despite a positive annual return of 22.83%, the stock's long-term growth prospects appear poor, with declining profits and waning investor participation.

As of 30-Jul, PSP Projects Ltd's stock price is falling, currently at 950.75, which reflects a decrease of 72.6 points or 7.09%. This decline is evident in the stock's performance today, where it underperformed its sector by 5.19% and reached an intraday low of Rs 933.7, marking an 8.76% drop. The stock has also exhibited high volatility, with an intraday volatility of 6.67%.<BR><BR>In terms of broader performance, the stock has shown negative returns over the past week and month, with declines of 3.75% and 5.18%, respectively. Although it has generated a positive return of 22.83% over the past year, this is contrasted by a decrease in profits of 1.6% during the same period. Additionally, the company's operating profit has seen a negative annual growth rate of 1.25% over the last five years, indicating poor long-term growth prospects.<BR><BR>Investor participation appears to be waning, as evidenced by a 9.91% decrease in delivery volume compared to the five-day average. Despite some positive factors, such as a low debt-to-equity ratio and significant profit growth in recent quarters, the overall sentiment is currently negative, contributing to the stock's decline.

Which are the latest news on PSP Projects?

Are PSP Projects Ltd latest results good or bad?

PSP Projects Ltd's latest results show impressive year-on-year growth, with net profit up 4,266.67% and revenue rising 64.84%. However, sequential declines in both net profit and revenue, along with margin pressures, raise concerns about the company's near-term sustainability.

PSP Projects Ltd's latest results present a mixed picture. On one hand, the company achieved remarkable year-on-year growth, with net profit soaring to ₹18.34 crores, a staggering increase of 4,266.67% compared to the same quarter last year. Revenue also saw a significant rise of 64.84% year-on-year, reaching ₹853.47 crores. This indicates strong project execution and demand.<BR><BR>However, the sequential performance raises some concerns. Both net profit and revenue declined compared to the previous quarter, with net profit down 13.04% and revenue falling by 23.47%. This decline suggests potential challenges in sustaining growth momentum and managing costs effectively.<BR><BR>The operating margin improved year-on-year to 6.42%, but it decreased from 5.36% in the previous quarter, highlighting volatility in profitability, which is common in project-based businesses. Additionally, the PAT margin of 2.15% remains below historical averages, indicating ongoing margin pressures.<BR><BR>In summary, while the year-on-year growth figures are impressive and reflect a recovery from a weak prior year, the sequential declines and margin compression raise questions about the company's near-term sustainability and execution challenges. Investors should consider these factors when evaluating the overall performance of PSP Projects Ltd.

Should I buy, sell or hold PSP Projects Ltd?

What does PSP Projects do?

PSP Projects Ltd is a small-cap construction company incorporated in 2008, with a market cap of INR 3,651 Cr, reporting net sales of 1,115 Cr and a net profit of 21 Cr for the quarter ending March 2026. The company has a P/E ratio of 63.00 and a return on equity of 4.39%.

Overview:<BR>PSP Projects Ltd is a construction company operating in the small-cap market segment.<BR><BR>History:<BR>PSP Projects Limited was incorporated as a Private Limited Company in 2008 and converted into a Public Limited Company on July 10, 2015. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,115 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 21 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 3,651 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 63.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.07 <BR>Return on Equity: 4.39% <BR>Price to Book: 2.89 <BR><BR>Contact Details:<BR>Address: PSP House Opposite Celesta, Courtyard Iscon-Ambli Road Ahmedabad Gujarat : 380058 <BR>Tel: 91-79-26936200/300/400 <BR>Email: grievance@pspprojects.com <BR>Website: http://www.pspprojects.com

How big is PSP Projects?

As of 10th June, PSP Projects Ltd has a market capitalization of 3,651.00 Cr, with recent net sales of 3,148.66 Cr and a net profit of 55.51 Cr. Shareholder's funds are 1,263.95 Cr, and total assets amount to 3,043.66 Cr.

As of 10th June, PSP Projects Ltd has a market capitalization of 3,651.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 3,148.66 Cr and a Net Profit of 55.51 Cr.<BR><BR>For the latest annual period ending March 2026, Shareholder's Funds amounted to 1,263.95 Cr, while Total Assets were reported at 3,043.66 Cr.

Who are in the management team of PSP Projects?

The management team of PSP Projects includes Prahlad S Patel (Chairman and Managing Director), Pooja Patel (Whole-Time Director), Sagar Prahladbhai Patel (Executive Director), and independent directors Sandeep Shah, Vasishtha Patel, and Achala Monal Patel. They are responsible for the company's strategic direction and operations.

The management team of PSP Projects includes the following individuals:<BR><BR>1. **Prahlad S Patel** - Chairman and Managing Director (CMD) & Executive Director<BR>2. **Pooja Patel** - Whole-Time Director (WTD) & Executive Director<BR>3. **Sagar Prahladbhai Patel** - Executive Director<BR>4. **Sandeep Shah** - Independent Non-Executive Director<BR>5. **Vasishtha Patel** - Independent Non-Executive Director<BR>6. **Achala Monal Patel** - Independent Non-Executive Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the PSP Projects?

PSP Projects' peers include Energy InfrTrust, PNC Infratech, Sterling & Wils., Man Infra, H.G. Infra Engg., Bondada Engineer, J Kumar Infra, KNR Construct., and Ashoka Buildcon. PSP Projects has the highest 1-year return at 32.55%, while PNC Infratech has the lowest at -37.52%.

Peers: The peers of PSP Projects are Energy InfrTrust, PNC Infratech, Sterling & Wils., Man Infra, H.G. Infra Engg., Bondada Engineer, J Kumar Infra, KNR Construct., and Ashoka Buildcon.<BR><BR>Quality Snapshot: Excellent management risk is observed at Man Infra, H.G. Infra Engg., J Kumar Infra, KNR Construct., and Ashoka Buildcon, while Good management risk is found at Energy InfrTrust, PNC Infratech, Sterling & Wils., and the rest. Below Average management risk is noted at Bondada Engineer. Growth is Excellent at Bondada Engineer and Average at PSP Projects, while Good growth is seen at Energy InfrTrust and H.G. Infra Engg., with Below Average growth at PNC Infratech, Man Infra, Sterling & Wils., J Kumar Infra, KNR Construct., and Ashoka Buildcon. Capital Structure is Excellent at Man Infra, Average at Energy InfrTrust, PNC Infratech, Sterling & Wils., H.G. Infra Engg., and the rest, while Good capital structure is noted at PSP Projects and Bondada Engineer.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PSP Projects at 32.55%, while the lowest is PNC Infratech at -37.52%. PSP Projects' 1-year return is significantly higher than all its peers. Additionally, several peers, including H.G. Infra Engg., J Kumar Infra, KNR Construct., and Ashoka Buildcon, have negative six-month returns.

Is PSP Projects overvalued or undervalued?

As of October 20, 2025, PSP Projects is considered undervalued with a valuation grade shift to very attractive, highlighted by a low Price to Book Value of 0.26 and strong stock performance, especially compared to its peers like DLF and Lodha Developers, which are deemed very expensive.

As of 20 October 2025, the valuation grade for PSP Projects has moved from very expensive to very attractive, indicating a significant shift in its market perception. The company is currently considered undervalued, especially when looking at its key financial ratios. The PE ratio stands at 112.08, while the EV to EBITDA ratio is 32.77, and the Price to Book Value is notably low at 0.26.<BR><BR>In comparison to its peers, PSP Projects shows a stark contrast with companies like DLF and Lodha Developers, which are classified as very expensive with PE ratios of 40.01 and 40.09, respectively. This suggests that PSP Projects may offer a more compelling investment opportunity relative to its industry counterparts. Additionally, the company's recent stock performance has outpaced the Sensex, with a year-to-date return of 22.27% compared to the Sensex's 7.97%, reinforcing the notion that it is currently undervalued.

Is PSP Projects technically bullish or bearish?

As of October 20, 2025, the trend has shifted to bullish, supported by strong MACD and Bollinger Bands indicators, despite a mildly bearish KST signal on the weekly, with the stock closing at 794.50 after reaching a high of 805.00.

As of 20 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages confirm a bullish outlook. However, the KST shows a mildly bearish signal on the weekly, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the recent price movement, with the stock closing at 794.50, up from a previous close of 755.50, and reaching a daily high of 805.00.

How has been the historical performance of PSP Projects?

PSP Projects has shown significant growth in net sales and total assets, reaching 2,512.13 Cr in March 2025, but faced declines in profitability metrics, with profit after tax dropping to 57.96 Cr from 123.46 Cr in March 2024. Operating profit margins also decreased, indicating challenges despite overall sales growth.

Answer:<BR>The historical performance of PSP Projects shows a fluctuating trend in key financial metrics over the years leading up to March 2025.<BR><BR>Breakdown:<BR>PSP Projects has experienced significant growth in net sales, reaching 2,512.13 Cr in March 2025, a slight increase from 2,505.79 Cr in March 2024 and a notable rise from 1,937.81 Cr in March 2023. Total operating income mirrored this trend, with figures rising from 1,050.41 Cr in March 2019 to 2,512.13 Cr in March 2025. However, total expenditure also increased, amounting to 2,332.70 Cr in March 2025, up from 2,244.85 Cr in March 2024. Operating profit (PBDIT) decreased to 196.75 Cr in March 2025 from 285.16 Cr in March 2024, reflecting a decline in operating profit margin from 10.41% to 7.14%. Profit before tax also fell to 79.87 Cr in March 2025, down from 169.46 Cr in March 2024, leading to a profit after tax of 57.96 Cr in March 2025 compared to 123.46 Cr in March 2024. The company's total assets rose to 2,325.62 Cr in March 2025 from 2,017.36 Cr in March 2024, while total liabilities increased to 2,325.62 Cr from 2,017.36 Cr in the same period. Cash flow from operating activities showed a positive trend with 52.00 Cr in March 2025, recovering from a negative cash flow of -223.00 Cr in March 2024. Overall, while PSP Projects has shown growth in sales and assets, profitability metrics have faced challenges in recent years.

Who are the top shareholders of the PSP Projects?

The top shareholders of PSP Projects include promoter Prahladbhai S Patel with 47.76%, mutual funds at 6.43%, foreign institutional investors at 7.82%, and individual investors holding 15.66%. The largest public shareholder is the ICICI Prudential Housing Opportunities Fund with 3.74%.

The top shareholders of PSP Projects include the promoters, who hold the majority of the shares. The promoter with the highest holding is Prahladbhai S Patel, owning 47.76% of the company. Additionally, mutual funds hold 6.43% across three schemes, while foreign institutional investors (FIIs) account for 7.82% through 48 different investors. The highest public shareholder is the ICICI Prudential Housing Opportunities Fund, which holds 3.74%. Individual investors collectively own 15.66% of the shares.

When is the next results date for PSP Projects?

No Upcoming Board Meetings

Has PSP Projects declared dividend?

PSP Projects Ltd has declared a 25% dividend, amounting to ₹2.5 per share, with an ex-date of September 1, 2023. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied across periods, showing significant gains over the long term, particularly in the last 5 years.

PSP Projects Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 01 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -2.31%, the dividend return was 0%, resulting in a total return of -2.31%.<BR><BR>Over the past year, the price return was 0.68%, the dividend return was 0%, leading to a total return of 0.68%.<BR><BR>In the 2-year period, the price return was -15.81%, the dividend return was 0.34%, culminating in a total return of -15.47%.<BR><BR>For the 3-year period, the price return was 19.65%, the dividend return was 1.49%, resulting in a total return of 21.14%.<BR><BR>In the last 4 years, the price return was 52.77%, the dividend return was 2.77%, leading to a total return of 55.54%.<BR><BR>Over the past 5 years, the price return was 84.04%, the dividend return was 2.82%, resulting in a total return of 86.86%.<BR><BR>Overall, while PSP Projects has declared a dividend, the dividend yield remains at 0%. The total returns over various periods show a mixed performance, with significant gains over the longer term, particularly in the 5-year period.