PSP Projects Ltd
PSP Projects Limited is a construction company incorporated in August 2008 offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India. The principal promoter, Mr. Prahalad S. Patel has over three decades of experience in the construction industry. #
It is also engaged in the real estate development of two mid-scale projects in the USA through its subsidiaries #
Fast Growing construction company
PSP Projects is the second Fastest Growing Construction Company in Small Category in India#
It has completed 153 Projects to date, establishing a strong relationship with reputed clientele, and has demonstrated a track record of timely completion of projects which has helped it to secure repeat orders from its existing customers consisting of large pharmaceutical, dairy, and public sector entities. #
- Market Cap ₹ 1,717 Cr.
- Current Price ₹ 477
- High / Low ₹ 531 / 232
- Stock P/E 22.5
- Book Value ₹ 130
- Dividend Yield 1.05 %
- ROCE 40.7 %
- ROE 31.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 56.22% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.76%
- Company has been maintaining a healthy dividend payout of 20.61%
Cons
- No cons found. Suggest something.
Peer comparison
Sector: Construction Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
264 | 235 | 210 | 261 | 338 | 307 | 313 | 423 | 456 | 107 | 243 | 390 | |
227 | 202 | 181 | 224 | 288 | 265 | 269 | 369 | 406 | 106 | 219 | 343 | |
Operating Profit | 36 | 33 | 29 | 37 | 50 | 43 | 43 | 54 | 51 | 1 | 25 | 47 |
OPM % | 14% | 14% | 14% | 14% | 15% | 14% | 14% | 13% | 11% | 1% | 10% | 12% |
Other Income | 6 | 6 | 5 | 5 | 7 | 5 | 7 | 6 | 7 | 5 | 5 | 1 |
Interest | 3 | 1 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 3 |
Depreciation | 4 | 5 | 6 | 6 | 7 | 6 | 6 | 7 | 8 | 6 | 6 | 6 |
Profit before tax | 35 | 33 | 27 | 33 | 46 | 39 | 40 | 49 | 46 | -3 | 19 | 39 |
Tax % | 34% | 36% | 34% | 35% | 34% | 35% | 19% | 25% | 26% | 25% | 22% | 28% |
Net Profit | 23 | 21 | 18 | 21 | 30 | 26 | 33 | 37 | 34 | -2 | 14 | 28 |
EPS in Rs | 6.38 | 5.86 | 4.88 | 5.96 | 8.37 | 7.09 | 9.09 | 10.21 | 9.52 | -0.62 | 4.00 | 7.76 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
127 | 179 | 257 | 210 | 280 | 455 | 401 | 730 | 1,044 | 1,499 | 1,197 | |
121 | 163 | 235 | 194 | 258 | 415 | 335 | 628 | 895 | 1,308 | 1,073 | |
Operating Profit | 6 | 15 | 22 | 17 | 22 | 39 | 66 | 102 | 149 | 191 | 123 |
OPM % | 5% | 9% | 9% | 8% | 8% | 9% | 16% | 14% | 14% | 13% | 10% |
Other Income | 1 | 2 | 4 | 4 | 7 | 10 | 13 | 18 | 23 | 25 | 18 |
Interest | 1 | 2 | 4 | 2 | 2 | 3 | 8 | 9 | 9 | 15 | 14 |
Depreciation | 1 | 3 | 4 | 4 | 5 | 7 | 8 | 11 | 24 | 27 | 26 |
Profit before tax | 5 | 12 | 18 | 15 | 21 | 39 | 64 | 100 | 139 | 174 | 100 |
Tax % | 33% | 33% | 33% | 35% | 34% | 36% | 35% | 36% | 35% | 26% | |
Net Profit | 4 | 8 | 12 | 10 | 14 | 25 | 42 | 64 | 90 | 129 | 74 |
EPS in Rs | 56.40 | 104.38 | 153.12 | 125.88 | 175.62 | 78.53 | 14.45 | 17.88 | 25.07 | 35.91 | 20.66 |
Dividend Payout % | 0% | 0% | 7% | 16% | 5% | 19% | 17% | 28% | 20% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 40% |
3 Years: | 55% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 56% |
3 Years: | 46% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 30% |
Last Year: | 31% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
1 | 1 | 1 | 1 | 1 | 3 | 29 | 36 | 36 | 36 | 36 | |
Reserves | 6 | 14 | 26 | 34 | 46 | 63 | 78 | 267 | 335 | 421 | 433 |
Borrowings | 15 | 26 | 15 | 26 | 33 | 45 | 68 | 22 | 26 | 75 | 114 |
31 | 51 | 59 | 75 | 106 | 117 | 140 | 260 | 333 | 427 | 303 | |
Total Liabilities | 52 | 92 | 101 | 136 | 186 | 229 | 315 | 584 | 731 | 959 | 886 |
13 | 18 | 18 | 19 | 33 | 52 | 51 | 77 | 103 | 108 | 128 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 6 |
Investments | 0 | 0 | 3 | 9 | 13 | 18 | 22 | 20 | 4 | 4 | 4 |
39 | 74 | 79 | 109 | 140 | 158 | 242 | 486 | 623 | 847 | 748 | |
Total Assets | 52 | 92 | 101 | 136 | 186 | 229 | 315 | 584 | 731 | 959 | 886 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
0 | 16 | 26 | 20 | 30 | 41 | 13 | 70 | 28 | 19 | |
0 | -22 | 2 | -41 | -26 | -43 | -19 | -122 | -34 | -11 | |
0 | 9 | -14 | 9 | 4 | 3 | 17 | 81 | -22 | -2 | |
Net Cash Flow | 0 | 3 | 15 | -12 | 8 | 0 | 11 | 29 | -28 | 6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 47% | 53% | 34% | 33% | 44% | 50% | 44% | 41% | 41% | |
Debtor Days | 23 | 39 | 17 | 24 | 31 | 8 | 49 | 58 | 50 | 55 |
Inventory Turnover | 31.04 | 60.72 | 47.68 | 46.35 | 46.38 | 37.57 | 15.32 | 7.61 | 6.23 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 2h
- Intimation Of Incorporation Of A Wholly Owned Subsidiary Under Section 8 Of The Companies Act, 2013 26 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Feb
View all