PSP Projects share price, P/E, ROE & financials

As of 6 Nov 2026, PSP Projects trades at 35.9× trailing earnings, above the industry P/E of 16.4×, and the shares are 31% below their 52-week high. Its ROCE of 8.5% is the lowest among the 7 largest Engineering & Construction peers, and sales grew 17% a year over 3 years while net profit fell 25%. Debt is 0.21× equity. It is a small-cap company with a market cap of ₹3,142 Cr, ranked 30th of 156 Engineering & Construction companies by market cap; the shares fell 17% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹789.90
Day high: ₹796.80
Day low: ₹766.40
Prev. close: ₹798.85
Volume: 44.5K

Health check

1 fair · 5 to check

ReturnsBehind
−16.7% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 35.9 vs industry 16.4.
GrowthSteady
Sales +17.4%, profit −25.1% a year over 3 years.
ProfitabilityWeak
ROCE 8.5% vs peer median 19.9%.
Balance sheetStretched
Debt 0.21× equity, interest covered 3.1×, Piotroski 3 of 9.
Red flags3 to check
Return on equity is low at 6.9%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Engineering & Construction

155 listed peers. Screen the industry

Small cap

₹3,142 Cr, #30 of 156 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹3,896 Cr · profit ₹88 Cr

Market cap: ₹3,142 Cr; Small cap
P/E: 35.9; Industry 16.4
Price to book: 2.39; Peers 4.92
Dividend yield: 0.00%
ROE: 6.9%; Peers 17.9%
ROCE: 8.5%; Peers 19.9%
Debt to equity: 0.21; Debt ₹279 Cr
EPS (TTM): ₹22.05; Face value ₹10
OPM (TTM): 6.1%; Net margin 2.2%
Sales growth: +59.1%; Latest quarter vs a year ago
Profit growth: +86.1%; Latest quarter vs a year ago
Price to sales: 0.81; EV/EBITDA 13.6

Strengths

Quarterly profit up 86.1% on a year ago.
Quarterly sales up 59.1% on a year ago.

Risks to check

Return on equity is low at 6.9%.
P/E of 35.9 against an industry P/E of 16.4.
31% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About PSP Projects

PSP Projects Limited, a construction company, provides construction and allied services for industrial, institutional, commercial, residential, hospitality, hospital, and landmark government projects in India. It constructs industrial buildings for pharmaceutical plants, food processing units, engineering, manufacturing and processing facilities; and buildings for hospitals and healthcare services, educational institutes, shopping malls, hospitality…

Headquarters: Ahmedabad
Employees: 2,383
Sector: Industrials
ISIN: INE488V01015
Website: pspprojects.com

Price range

52 weeks

₹569.20₹1,143.00

Today

₹766.40₹796.80

Avg volume (3M): 69.5K
1-year return: minus 16.7%
From 52-week high: minus 30.7%

Analyst consensus

8 analysts

HoldMean target ₹867.63 9.5%

Target range, with today’s price

Low ₹540.00High ₹1,267.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Engineering & Construction

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
LTLarsen & Toubro	4,117.70	plus 1.67%	5,66,549	31.7	19.6	14.6%	9.6%	1.05	16.1%	plus 3.2%
RVNLRail Vikas Nigam	193.34	minus 0.18%	40,312	44.9	56.9	11.0%	4.3%	0.49	0.2%	minus 40.5%
CEMPROCemindia Projects	1,323.30	plus 2.79%	24,405	36.4	24.2	37.1%	10.4%	0.35	25.5%	plus 49.2%
KPILKalpataru Projects International	1,370.80	minus 0.04%	23,410	19.7	10.1	19.9%	8.3%	0.46	18.4%	plus 4.3%
NBCCNBCC (India)	78.00	minus 2.90%	21,060	26.5	19.8	34.3%	6.1%	0.00	12.9%	minus 29.5%
ENGINERSINEngineers India	292.70	minus 1.94%	16,451	18.3	21.5	28.1%	21.2%	0.00	5.7%	plus 51.1%
WABAGVA Tech Wabag	1,988.20	plus 6.57%	12,434	29.4	20.8	16.3%	10.9%	0.09	9.9%	plus 33.2%
PSPPROJECTPSP Projects	792.50	minus 0.79%	3,142	35.9	16.0	8.5%	5.9%	0.21	17.4%	minus 16.7%
Median of 7 peers	–	−0.04%	23,410	29.4	20.8	19.9%	9.6%	0.35	12.9%	4.3%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
518	813	1,115	853	1,113
493	758	1,055	799	1,044
24.8	54.5	59.8	54.8	69.1
4.8%	6.7%	5.4%	6.4%	6.2%
4	3.9	5.3	4.1	4.9
11.2	10.9	11.2	7.5	7.7
16.9	23.7	26.4	23.1	26.3
0.7	23.9	27.5	28.2	40.1
41.1%	25.3%	23.0%	35.1%	24.7%
0.4	17.8	21.1	18.3	30.2
0.11	4.53	5.26	4.63	7.63

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +17.4%
Profit CAGR 3Y: −25.1%
EPS CAGR 3Y: −27.4%
ROE: 6.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1,925	2,488	2,493	3,119
–	+29.2%	+0.2%	+25.1%
1,695	2,227	2,310	2,928
230	261	183	190
12.0%	10.5%	7.3%	6.1%
17.4	12.5	7.2	8
25.2	39.7	34.3	36
40	64.9	72.7	86.6
0.8	0.4	−3.5	−1.4
183	169	79.9	74.5
26.5%	27.1%	27.4%	25.4%
132	123	56.4	55.5
–	minus 6.8%	minus 54.1%	minus 1.6%
36.65	34.16	14.32	14.00

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
36	36	39.6	39.6
765	879	1,169	1,224
145	455	272	330
819	667	873	1,495
1,765	2,037	2,353	3,089
256	324	309	413
17.7	2.9	2.8	0.9
101	44.5	87.3	38.1
249	228	209	416
1,142	1,438	1,746	2,221
1,765	2,037	2,353	3,089

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
45.3	−224	52.7	323
−50.7	−26.2	−106	−152
11.5	269	19.6	9.7
6.1	19	−33.4	180
−79.7	−142	−68	−193
−34.5	−366	−15.3	130
−18	−9	–	–

Shareholding pattern

Source: NSE filings

68.8%

promoters

Promoters68.82%
Public31.18%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	68.82%	31.18%	0.00
30 Jun 2026	68.82%	31.18%	0.00
31 Mar 2026	68.82%	31.18%	0.00
31 Dec 2025	68.82%	31.18%	0.00
30 Sep 2025	68.82%	31.18%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you