Loading…
PSP Projects (PSPPROJECT)₹781.45−2.01%Civil Construction
In the Jun 2026 quarter (consolidated), PSP Projects reported sales of ₹853 Cr, up 64.7% from Jun 2025, and net profit of ₹17.95 Cr. For the year to Mar 2026, sales were ₹3,147 Cr and net profit ₹55.76 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 620 | 705 | 668 | 623 | 586 | 630 | 673 | 518 | 703 | 812 | 1,114 | 853 |
| Expenses | 546 | 634 | 614 | 548 | 547 | 594 | 640 | 493 | 652 | 757 | 1,054 | 798 |
| Operating Profit | 71.96 | 70.05 | 52.98 | 73.98 | 37.97 | 35.99 | 32.03 | 24.99 | 49.98 | 54.99 | 60.02 | 54.97 |
| OPM % | 12.0% | 10.0% | 8.0% | 12.0% | 6.0% | 6.0% | 4.8% | 4.8% | 7.0% | 7.0% | 5.0% | 6.0% |
| Other Income | 5.99 | 5.99 | 5.99 | 3.99 | 4.99 | 3.99 | 4.99 | 3.99 | 3.99 | 3.99 | 4.99 | 3.99 |
| Interest | 11.96 | 14.94 | 13.95 | 12.95 | 10.97 | 9.97 | 9.97 | 10.95 | 11.95 | 10.95 | 10.96 | 7.97 |
| Depreciation | 14.01 | 19.02 | 20.03 | 17.01 | 18.03 | 19.01 | 19.03 | 17.01 | 20.02 | 24.02 | 26.02 | 23.01 |
| Profit before tax | 52.20 | 42.17 | 25.08 | 48.15 | 14.05 | 10.04 | 8.02 | 1.01 | 22.09 | 24.08 | 27.08 | 28.09 |
| Tax % | 26.1% | 26.1% | 35.1% | 28.1% | 25.1% | 36.1% | 20.1% | 41.1% | 28.1% | 25.1% | 23.1% | 35.1% |
| Net Profit | 38.86 | 30.91 | 15.94 | 34.86 | 9.96 | 4.98 | 5.98 | 0.00 | 15.94 | 17.94 | 20.91 | 17.95 |
| EPS (Rs) | 10.71 | 8.62 | 4.30 | 8.76 | 2.59 | 1.28 | 1.64 | 0.12 | 4.09 | 4.49 | 5.33 | 4.64 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 472 | 445 | 752 | 1,051 | 1,499 | 1,241 | 1,749 | 1,937 | 2,506 | 2,513 | 3,147 | 3,483 |
| Expenses | 437 | 378 | 645 | 899 | 1,307 | 1,104 | 1,487 | 1,706 | 2,242 | 2,324 | 2,954 | 3,260 |
| Operating Profit | 34.99 | 67.05 | 106 | 149 | 191 | 135 | 258 | 230 | 261 | 183 | 190 | 220 |
| OPM % | 7.0% | 15.0% | 14.0% | 14.0% | 13.0% | 11.0% | 15.0% | 12.0% | 10.0% | 7.0% | 6.0% | 6.3% |
| Other Income | 9.99 | 12.98 | 17.97 | 21.96 | 23.94 | 16.96 | 21.97 | 24.96 | 23.96 | 13.97 | 15.98 | 16.96 |
| Interest | 2.99 | 7.97 | 8.97 | 9.97 | 14.95 | 14.96 | 25.91 | 31.87 | 50.83 | 43.87 | 44.84 | 41.83 |
| Depreciation | 7.01 | 8.01 | 11.02 | 24.01 | 27.01 | 26.03 | 32.02 | 40.06 | 65.10 | 73.11 | 87.05 | 93.07 |
| Profit before tax | 35.11 | 65.19 | 102 | 138 | 174 | 111 | 223 | 184 | 170 | 80.22 | 74.21 | 101 |
| Tax % | 37.1% | 36.1% | 36.1% | 35.1% | 26.1% | 25.1% | 25.1% | 26.1% | 27.1% | 27.1% | 25.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 0.00 | −1.99 | −0.99 | — |
| Net Profit | 22.90 | 41.87 | 65.76 | 88.73 | 128 | 80.69 | 166 | 132 | 123 | 55.83 | 55.76 | 72.74 |
| EPS (Rs) | 71.35 | 14.42 | 18.19 | 24.85 | 35.68 | 22.64 | 46.27 | 36.67 | 34.14 | 14.24 | 14.02 | 18.55 |
| Dividend payout % | 21.1% | 17.1% | 27.1% | 20.1% | 14.1% | 18.1% | 11.1% | 7.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.01 | 29.11 | 36.04 | 36.09 | 36.07 | 36.05 | 36.08 | 36.15 | 36.08 | 40.00 | 40.09 |
| Reserves | 61.23 | 76.22 | 265 | 334 | 419 | 501 | 652 | 768 | 881 | 1,169 | 1,227 |
| Borrowings | 46.98 | 74.93 | 29.94 | 30.98 | 79.99 | 83.84 | 99.90 | 145 | 454 | 272 | 330 |
| Other Liabilities | 142 | 147 | 267 | 333 | 427 | 370 | 482 | 815 | 664 | 869 | 1,488 |
| Total Liabilities | 253 | 328 | 599 | 734 | 962 | 990 | 1,269 | 1,764 | 2,035 | 2,348 | 3,085 |
| Fixed Assets | 54.15 | 52.15 | 78.23 | 103 | 108 | 116 | 208 | 241 | 323 | 308 | 414 |
| CWIP | 0.00 | 0.00 | 1.99 | 0.00 | 0.00 | 41.85 | 0.00 | 17.95 | 2.99 | 2.99 | 0.99 |
| Investments | 13.96 | 17.93 | 15.96 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Other Assets | 185 | 257 | 503 | 630 | 853 | 832 | 1,061 | 1,505 | 1,708 | 2,037 | 2,669 |
| Inventories | 9.98 | 3.99 | 33.88 | 74.74 | 96.68 | 88.71 | 81.74 | 153 | 317 | 323 | 347 |
| Trade receivables | 20.01 | 58.04 | 123 | 148 | 235 | 227 | 311 | 434 | 342 | 531 | 928 |
| Cash & equivalents | 112 | 107 | 227 | 221 | 196 | 228 | 195 | 241 | 226 | 207 | 414 |
| Total Assets | 253 | 328 | 599 | 734 | 962 | 990 | 1,269 | 1,764 | 2,035 | 2,348 | 3,085 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 40.12 | −8.02 | 70.17 | 21.06 | 16.03 | 73.16 | 147 | 45.10 | −224 | 53.09 | 324 |
| Cash from investing activity | −44.85 | −3.99 | −122 | −22.94 | −7.98 | 4.98 | −163 | −50.83 | −25.89 | −106 | −152 |
| Cash from financing activity | 6.02 | 22.09 | 81.22 | −26.10 | −2.01 | −4.01 | −11.04 | 12.04 | 270 | 20.08 | 10.03 |
| Net cash flow | 0.99 | 10.96 | 28.91 | −26.91 | 5.98 | 73.74 | −27.92 | 5.98 | 18.93 | −32.89 | 179 |
| Capex | 27.06 | 6.01 | 66.14 | 39.09 | 33.07 | 79.25 | 77.15 | 80.20 | 142 | 68.19 | 193 |
| Free cash flow | 12.98 | −13.99 | 21.98 | −16.97 | −17.98 | −5.99 | 71.91 | −33.97 | −365 | −14.99 | 130 |
| CFO / OP % | 153.9% | 10.0% | 106.0% | 45.9% | 37.0% | 72.0% | 82.0% | 44.0% | −68.1% | 58.0% | 195.0% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 17 | 49 | 61 | 52 | 58 | 68 | 66 | 83 | 51 | 78 | 109 |
| Inventory days | 18 | 9 | 44 | 67 | 67 | 83 | 61 | 97 | 148 | 146 | 108 |
| Days payable | 146 | 175 | 161 | 141 | 149 | 238 | 190 | 232 | 195 | 187 | 144 |
| Cash conversion cycle | −113 | −119 | −59 | −23 | −26 | −89 | −65 | −54 | 2 | 34 | 70 |
| Working capital days | −100 | −112 | −55 | −16 | 0 | 3 | 13 | 22 | 33 | 65 | 21 |
| ROCE % | — | 50.0% | 44.0% | 40.0% | 40.0% | 22.0% | 35.0% | 25.0% | 19.0% | 9.0% | 8.0% |
For the Jun 2026 quarter, PSP Projects reported sales of ₹853 Cr, up 64.7% year on year and net profit of ₹17.95 Cr. The operating margin was 6.0%.
PSP Projects' sales for the year to Mar 2026 were ₹3,147 Cr; over the last twelve months they were ₹3,483 Cr.
Net profit for the year to Mar 2026 was ₹55.76 Cr, and ₹72.74 Cr over the last twelve months. Earnings per share over the same trailing period were ₹18.55.
PSP Projects reported borrowings of ₹330 Cr at Mar 2026, against cash and equivalents of ₹414 Cr.
Cash from operations was ₹324 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹130 Cr.