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Earnings Call

PSP Projects Earnings Call: Key Takeaways

PSP Projects reports strong Q4FY26 with 66% revenue growth, driven by execution momentum in Adani Group projects. Strategy focuses on utilizing precast technology and reducing debt.

Why this was an Alfa AlertNot a filter event. FY26 performance met prior guidance; FY27 targets align with existing growth strategy.
Highlights
Revenue growthFY26 grew 25%; Q4 grew 66% YoY to ₹1,115cr.
MarginsEBITDA margin 6% for FY26; targeting 7-8% for FY27.
Order book₹13,447cr; 67% from Adani Group projects, 25% government.
Demand visibilityStrong; bid book exceeds ₹6,600cr plus Commonwealth Stadium potential.
Management confidenceHigh; visibility from ₹13,447cr order book and Adani partnership.

Growth

Q4FY26 revenue surged 66% YoY to ₹1,115cr; FY26 revenue grew 25% YoY to ₹3,149cr.

Outlook

FY27 revenue guidance of ₹4,500cr; targeting 7-8% EBITDA margin and debt-free status by year-end.

Risks

ECL provisions for Kashi and UP Medical projects; potential monsoon-related execution delays.

Source

Earnings Call filed with BSE, NSE: PSPPROJECT. Summary written with AI assistance from the document.

Read the document ↗

PSP Projects Ltd: key numbers

Share price
₹806.65
Market cap
₹3,198 Cr
Revenue (annual)
₹3,149 Cr
Net profit (annual)
₹55.52 Cr
P/E (TTM)
43.5×Sector 33.0×
Promoter holding
68.82%+0.00% QoQ
FII holding
2.10%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Management Change

PSP Projects Management Change

PSP Projects disclosed the cessation of Mr. Shashikant Sharma as General Manager - MEP. His resignation as Senior Management Personnel took effect from 15 September 2026.