P

PSP Projects Limited

PSPPROJECT
Market snapshot · 2026-08-11 08:39 UTC

936.55

₹-9.35 (-0.99%)

MARKET CAP

₹3.71K Cr

STOCK P/E

51.6x

52W HIGH

₹1,143.00

52W LOW

₹569.20

BOOK VALUE

₹315.19

EPS

₹18.16

ROE

SECTOR

Industrials

DEBT/EQUITY

26.13

VOLUME

29,529

P/B RATIO

2.97x

PEG RATIO

0.01

Sector

Industrials

Themes

Construction & Engineering
E
Earnings
₹1,069.20₹954.20₹839.20₹724.20₹609.20VolumeEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 30.8% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.94). Confidence: 86%.

Live forward EPS implies next-12-month EPS of ₹50.15. Applying the stock's normalized valuation corridor produces a fair range of ₹1,821.95 to ₹2,166.48, with base value near ₹1,976.91 (+111.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹50.15

Forward P/E

18.7x

Base Fair Value

₹1,976.91

Fair Range

₹1,821.95 - ₹2,166.48

Upside To Base

+111.1%

Estimate Source

Live forward EPS

Growth Estimate

+4109.1%

P/E
Strongly Overvalued

5Y Average

37.86

Current

51.57

Overvalued

43.20

Undervalued

36.33

EV/EBITDA
Strongly Overvalued

5Y Average

21.18

Current

28.86

Overvalued

23.19

Undervalued

19.06

P/B
Overvalued

5Y Average

2.57

Current

2.97

Overvalued

2.96

Undervalued

2.19

Peers & Comparison

Sector: Industrials · Theme: Construction & Engineering

Construction & Engineering Peers8 peers
Avg P/E: 30.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
AFCONS INFRASTRUCTURE LTD
AFCONSConstruction & Engineering
-19.1%1.3%
39.8x
Premium
+29% vs avg
-37.8%
AXISCADES TECH LTD
AXISCADESConstruction & Engineering
+1.5%6.2%
96.1x
Premium
+212% vs avg
+28.6%
AJAX ENGINEERING LIMITED
AJAXENGGConstruction & Engineering
+1.7%10.8%
28.9x
Fair
-6% vs avg
-20.9%
CEIGALL INDIA LIMITED
CEIGALLConstruction & Engineering
+37.1%7.8%
18.9x
Undervalued
-39% vs avg
+30.0%
AHLUWALIA CONT IND LTD
AHLUCONTConstruction & Engineering
+8.8%5.8%
20.7x
Undervalued
-33% vs avg
-12.7%
BALU FORGE INDUSTRIES LTD
BALUFORGEConstruction & Engineering
-2.3%23.4%
19.3x
Undervalued
-37% vs avg
-20.5%
NCC LIMITED
NCCConstruction & Engineering
+1.7%3.2%
13.5x
Undervalued
-56% vs avg
-34.3%
G R INFRAPROJECTS LIMITED
GRINFRAConstruction & Engineering
+40.1%11.0%
9.4x
Undervalued
-69% vs avg
-29.6%
WHY THESE PEERS

PSP PROJECTS LIMITED trades at a premium (51.7x vs peer avg 30.8x), implying higher growth or quality expectations from the Construction & Engineering cohort. Peers include AFCONS INFRASTRUCTURE LTD, AXISCADES TECH LTD, AJAX ENGINEERING LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹785 CrJun 2026

Latest net profit

₹15 CrJun 2026

Latest EPS

₹3.82Jun 2026

Net margin

6.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%2.0%4.0%6.0%8.0%0.00 Cr300 Cr600 Cr900 Cr1.20K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr300 Cr600 Cr900 Cr1.20K Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr200 Cr400 Cr600 Cr800 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.00K Cr0.00 Cr1.00K Cr2.00K Cr3.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +5106076976496125786236555136947711,012785
Expenses +445533625597538539588625488646719957735
Operating Profit65747152733935302448525551
OPM %13%12%10%8%12%7%6%4.7%4.8%7%7%5%6%
Other Income +6676454544494
Interest912151413111010111211118
Depreciation12141920171819191720242623
Profit before tax495344244715106021212624
Tax %26%26%26%36%28%25%40%18%52%28%25%20%37%
Net Profit +37393315341165015162115
EPS in Rs10.2010.959.034.248.652.811.531.250.053.764.055.343.82
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +60.14%68.82%68.82%68.82%68.82%
FIIs +3.11%2.58%2.49%1.91%2.10%
DIIs +2.34%2.10%2.18%2.18%2.91%
Public +34.42%26.50%26.51%27.08%26.18%
Others0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 30, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Jul 30, 2026PDFCompany Reports Open

Unaudited Financial Result For The Quarter Ended On June 30, 2026

Jul 30, 2026PDFCompany Reports Open