MoneyWorks4Me

PSP Projects Ltd (PSPPROJECT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540544 NSE: PSPPROJECT Construction - Real Estate | Small Cap | PSP Projects Share Price

₹742 -24.40 (-3.18%)

As on 01-Oct'26 16:01

PSP Projects Ltd (PSPPROJECT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540544 NSE: PSPPROJECT Construction - Real Estate | Small Cap | PSP Projects Share Price

₹742 -24.40 (-3.18%)

As on 01-Oct'26 16:01

Key Metrics
Valuation Multiples
Market Cap
₹3,038 Cr.
Current Price
₹742
52-Week Low / High
₹569 / 1,142
TTM EPS
₹18.5
TTM Sales
₹3,484 Cr.
Book Value per Share
₹323.5
P/E Ratio
41.37
Higher than its 5-year historical median
Industry PE
43.4
Price to Book (P/B)
2.37
Lower than its 5-year historical median
Price to Sales (P/S)
0.87
Lower than its 5-year historical median
EV/EBITDA
12.44
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
4.50%
Outperforms industry median
Return on Capital Employed (ROCE)
7.82%
Outperforms industry median
Return on Assets (ROA)
2.07%
Operating Profit Margin
6%
Net Profit Margin
1.77%
Gross Profit Margin
5.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
21.11%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
5.36%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
-4.09%
Asset Quality
Promoter Holding
68.82%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,243 Cr.
Equity
₹39.6 Cr.
Face Value
₹10
All Time Low / High
₹189.05 / 1142.00

PSP Projects stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Undervalued

Price Trend

Weak
Q.1 Is PSP Projects Ltd a good quality company?
PSP Projects Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does PSP Projects Ltd performance compare with that of its Peers?
Q.1 Revenue growth of PSP Projects Ltd vs industry peers?
PSP Projects Ltd revenue CAGR is 20.47%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of PSP Projects Ltd?
Promoters hold 68.82% of the PSP Projects Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of PSP Projects Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 8.25% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
PSP Projects Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ50.6%43.7%40.9%40.7%21.4%35%24.5%19.1%8.6%7.5%-
Value Creation
Index ⓘ
2.62.11.91.90.51.50.80.4-0.4-0.5-

Growth Parameters ⓘ

Sales ⓘ4017301,0441,4991,2411,7491,9272,4632,4682,9893,262
Sales YoY Gr.-82.1%43.1%43.6%-17.2%40.9%10.2%27.8%0.2%21.1%-
Adj EPS ⓘ14.818.12535.423.444.837.334.415.112.817
YoY Gr.-22.9%37.8%41.7%-33.9%91.8%-16.9%-7.8%-56%-15.3%-
BVPS (₹) ⓘ36.484.1103.2127149.4190.2222.2254.1304.9318321.8
Adj Net
Profit ⓘ
42.565.289.912784.216113412459.950.767
Cash Flow from Ops. ⓘ13.27027.71970.812043.1-22754.5337-
Debt/CF from Ops. ⓘ5.20.313.91.10.83.4-250.9-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ25%19.2%15.8%21.1%
Adj EPS ⓘ-1.6%-11.4%-30%-15.3%
BVPSⓘ27.3%16.3%12.7%4.3%
Share Price - 7.7% -2.4% -1.6%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
4931.926.730.816.926.418.114.45.64.15.3
Op. Profit
Mgn % ⓘ
16.814.114.312.71114.711.810.67.46.16.3
Net Profit
Mgn % ⓘ
10.68.98.68.56.89.2752.41.72.1
Debt to
Equity ⓘ
0.70.10.10.20.20.20.20.50.20.3-
Working Cap
Days ⓘ
8699115127182151199200240236117
Cash Conv.
Cycle ⓘ
-44-481415112628467134

Valuation of PSP Projects - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales4457521,0501,4991,2411,7481,9382,5062,5123,149
Operating Expenses ⓘ + 3786479021,3081,1061,4901,7082,2452,3332,960
Manufacturing Costs1893184296946388941,0021,2761,3371,523
Material Costs1562894165353964995827908181,188
Employee Cost 15233551445673104109133
Other Costs ⓘ 181822282841517668115
Operating Profit ⓘ 67105149191135258230261179189
Operating Profit Margin (%) 15.1%13.9%14.1%12.7%10.9%14.8%11.9%10.4%7.1%6.0%
Other Income ⓘ + 13192324172225241717
Exceptional Items ⓘ 0000000000
Interest ⓘ 891015152632514445
Depreciation ⓘ 8112427263240657387
Profit Before Tax ⓘ 651021371731112221831698075
Tax ⓘ 23364845285548462219
Profit After Tax 426689128831661351235856
PAT Margin (%) 9.4%8.8%8.5%8.6%6.7%9.5%7.0%4.9%2.3%1.8%
Adjusted EPS (₹)14.418.224.835.722.746.336.734.214.214.0
Dividend Payout Ratio (%)17.40%27.50%20.10%14%17.70%10.80%6.80%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1053013694545366878019151,2091,264
Share Capital ⓘ 28.803636363636363639.6439.64
Reserves ⓘ 762653334185006517658791,1691,224
Debt +732830777483113401238297
Long Term Debt320431738421823
Short Term Debt70262973716675360219274
Minority Interest1111000000
Trade Payables74127159217257258368420418465
Others Liabilities ⓘ 731391702071152314702814611,018
Total Liabilities ⓘ 3255977299569821,2591,7522,0172,3263,044

Fixed Assets

Net Fixed Assets ⓘ +5278103108116207240322307413
Gross Block84121169200229345416559599769
Accumulated Depreciation32436592113138177237292356
CWIP ⓘ 020042018331
Investments ⓘ 181611111111
Inventories43475978982153318324348
Trade Receivables58123148235227311434342530928
Cash Equivalents 107228222197229196242227208416
Others Assets ⓘ 87116180319278462665805953938
Total Assets ⓘ 3255977299569821,2591,7522,0172,3263,044
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -87021167314745-22453323
PBT ⓘ 651021371731092221801697874
Adjustment ⓘ 1-1101221243481106150
Changes in Working Capital ⓘ -5810-78-115-33-35-112-427-79148
Tax Paid ⓘ -15-42-48-56-23-64-57-47-53-49
Cash Flow From Investing Activity ⓘ + -3-122-23-85-164-51-26-106-152
Capex -6-48-38-33-79-75-79-141-67-193
Net Investments -10-93-6368-109491-5623
Others ⓘ 13182122162124231817
Cash Flow From Financing Activity ⓘ 2281-26-2-4-11122692010
Net Proceeds from Shares ⓘ + 01420000002380
Net Proceeds from Borrowing ⓘ 3-1-256213725-43-9
Interest Paid ⓘ -6-5-5-7-8-12-16-32-35-33
Dividend Paid ⓘ 0-11-18-360-14-18-900
Others ⓘ 25-43-136-2-59285-14051
Net Cash Flow ⓘ 1129-27674-28619-33180
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)50.0532.726.5731.1416.8427.1918.114.395.464.5
ROCE (%)50.4143.9140.1640.321.8335.2824.8319.028.717.82
Asset Turnover Ratio1.551.631.581.781.281.561.291.331.161.17
PAT to CFO Conversion(x)-0.191.060.240.130.880.890.33-1.820.915.77
Working Capital Days
Receivable Days32.2044.1047.1046.6067.9056.1070.2056.5063.4084.50
Inventory Days5.509.1018.9020.9027.4017.9022.1034.3046.6038.90
Payable Days183127.10125.70128.20218.30188.30196.60182.20186.90135.70

Top 5 Mutual Funds Holding

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Announcements

PSP Projects Ltd FAQs

The current trading price of PSP Projects on 01-Oct-2026 16:01 is ₹742.0.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Sep-2026 the market cap of PSP Projects stood at ₹3,038.2 Cr

The latest P/E ratio of PSP Projects as of 30-Sep-2026 is 45.17.

The latest P/B ratio of PSP Projects as of 30-Sep-2026 is 2.38.

The 52-week high of PSP Projects is ₹1,142 and the 52-week low is ₹569.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of PSP Projects is ₹3,262 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that PSP Projects Ltd is a average quality company.

The key valuation ratios of PSP Projects Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of PSP Projects Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About PSP Projects Ltd

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