| Management target | Revenue 25.0% FY27 |
|---|
| Revenue growth | 65% YoY growth reaching 853 Cr in Q1FY27. |
|---|---|
| Margins | EBITDA margin at 6.42%, expected to scale to 7-8%. |
| Order book | Robust 13,245 Cr, up 103% YoY; high Adani concentration. |
| Demand visibility | Strong pipeline with 6,200 Cr in active bids. |
| Management confidence | Balanced, though slightly defensive on temporary margin compression. |
Growth
Revenue hit 853 Cr; execution scaled 65% YoY despite seasonal labor migration challenges.
Outlook
Management maintains FY27 revenue guidance of 4,000-4,500 Cr with 7-8% EBITDA margins.
Risks
High concentration risk with Adani Group (70% of order book, 60% of revenue).
Last quarter's promises, checked
Delivered
- Guided 25% revenue growth for FY26 → delivered 25% (= BEAT)
- Guided highest ever quarterly revenue for Q4FY26 → delivered 1,115 Cr (= BEAT)
- Guided 8% EBITDA margin (adj. for provision) → delivered 8% (= BEAT)
Partly delivered
- Guided 4,500 Cr revenue for FY27 → current Q1 run-rate at 853 Cr (= PARTIAL)
- Guided net debt-free by FY27 → debt remains at 317 Cr (= PARTIAL)
Missed
- Guided 8-8.5% EBITDA margins → delivered 6% for FY26 (= MISS)
- Guided 5-6% PAT margins → delivered 1.74% for FY26 (= MISS)
Earnings Call Transcript filed with NSE, NSE: PSPPROJECT. Summary written with AI assistance from the document.
PSP Projects Ltd: key numbers
- Share price
- ₹761.75
- Market cap
- ₹3,020 Cr
- Revenue (annual)
- ₹3,149 Cr
- Net profit (annual)
- ₹55.52 Cr
- P/E (TTM)
- 41.1×Sector 31.7×
- 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.
More from PSP Projects Ltd
All →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.
PSP Projects Investor Presentation: Key Takeaways
PSP Projects reported Q1FY27 revenue of INR 853 Cr, a 65% YoY increase. The order book reached INR 13,245 Cr, driven by major Adani Group and government projects.
- Call
- Guides 25% growth
PSP Projects Investor Presentation: Key Takeaways
PSP Projects reported robust Q1 FY27 growth with revenue rising 65% YoY. Strategic 34.41% stake acquisition by Adani Infra is set to accelerate infrastructure opportunities and governance.
- Call
- Guides 20% growth
PSP Projects Q1 FY27 Results: Net Profit ₹18.3 Cr, Up 4475.0% YoY
PSP Projects Ltd reported revenue from operations of ₹853.5 Cr (+64.8% YoY) and net profit of ₹18.3 Cr (+4475.0% YoY) for Q1 FY27.
- Key figure
- Net profit ₹18.3 Cr · +4475.0% YoY
PSP Projects Other Announcement
PSP Projects received voluntary ESG ratings from Crisil and SES ESG for 2026. The ratings of 'Adequate' and 'Grade B' indicate medium risk based on public data.
PSP Projects Board Meeting Date
PSP Projects Ltd scheduled a board meeting on July 30, 2026 to approve its Q2‑2026 financial results. Trading window will stay closed until August 1, 2026.