PSP Projects Experiences Quality Grade Change Amidst Competitive Construction Sector Landscape

PSP Projects has recently undergone an evaluation revision, reflecting a shift in its quality assessment. The company, operating in the construction sector, has demonstrated a sales growth rate of 10.87% over the past five years. However, its EBIT growth during the same period has shown a decline of 8.25%.
Financial metrics indicate a solid EBIT to interest ratio of 5.61, alongside a low debt to EBITDA ratio of 0.99 and a net debt to equity ratio of 0.06, suggesting a manageable debt profile. The company's sales to capital employed stands at 1.96, while its tax ratio is recorded at 27.43%. Institutional holdings are at 15.81%, and the return on capital employed (ROCE) is 24.58%, with a return on equity (ROE) of 14.81%.

In comparison to its peers, PSP Projects holds an average quality rating, while competitors like Ceigall India have achieved a better standing. Other companies in the sector, such as TARC Ltd and Ajmera Realty, are positioned below average, indicating a competitive landscape where PSP Projects maintains a relatively stable position amidst varying performance levels among its peers.