PSP Projects Management

Management criteria checks 3/4

PSP Projects' CEO is Prahaladbhai Patel, appointed in Sep 2016, has a tenure of 7.58 years. total yearly compensation is ₹156.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 52.6% of the company’s shares, worth ₹13.16B. The average tenure of the management team and the board of directors is 7.5 years and 8.6 years respectively.

Key information

Prahaladbhai Patel

Chief executive officer

₹156.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	7.6yrs
CEO ownership	52.6%
Management average tenure	7.5yrs
Board average tenure	8.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Prahaladbhai Patel's remuneration changed compared to PSP Projects's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹2b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹156m	₹156m	₹1b
Dec 31 2022	n/a	n/a	₹1b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹148m	₹63m	₹2b
Dec 31 2021	n/a	n/a	₹2b
Sep 30 2021	n/a	n/a	₹1b
Jun 30 2021	n/a	n/a	₹1b
Mar 31 2021	₹50m	₹50m	₹815m
Dec 31 2020	n/a	n/a	₹739m
Sep 30 2020	n/a	n/a	₹813m
Jun 30 2020	n/a	n/a	₹997m
Mar 31 2020	₹54m	₹54m	₹1b
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹1b
Jun 30 2019	n/a	n/a	₹937m
Mar 31 2019	₹54m	₹54m	₹894m

Compensation vs Market: Prahaladbhai's total compensation ($USD1.87M) is above average for companies of similar size in the Indian market ($USD278.32K).

Compensation vs Earnings: Prahaladbhai's compensation has been consistent with company performance over the past year.

CEO

Prahaladbhai Patel (60 yo)

7.6yrs

Tenure

₹156,000,000

Compensation

Mr. Prahaladbhai Shivrambhai Patel, B.E.Civil, has been the Chairman and Managing Director at PSP Projects Pvt. Ltd. since July 07, 2015 and has been its Chief Executive Officer since September 03, 2016.M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Prahaladbhai Patel	Chairman	7.6yrs	₹156.00m	52.6% ₹ 13.2b
Hetal Patel	Chief Financial Officer	7.3yrs	₹3.33m	no data
Kenan Patel	Company Secretary & Compliance Officer	2.3yrs	₹847.00k	no data
Pooja Patel	Whole Time Director	no data	₹24.00m	2.78% ₹ 695.3m
Sagar Patel	Executive Director	no data	₹24.00m	5.56% ₹ 1.4b
Mahesh Patel	Senior Vice President of Operations	14.7yrs	₹2.60m	no data
Sushil Tripathi	Vice President of Human Resource & Admin Resources	no data	no data	no data

7.5yrs

Average Tenure

49yo

Average Age

Experienced Management: 540544's management team is seasoned and experienced (7.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Prahaladbhai Patel	Chairman	15.7yrs	₹156.00m	52.6% ₹ 13.2b
Pooja Patel	Whole Time Director	9yrs	₹24.00m	2.78% ₹ 695.3m
Sagar Patel	Executive Director	4.5yrs	₹24.00m	5.56% ₹ 1.4b
Sandeepbhai Shah	Independent Non-Executive Director	8.6yrs	₹60.00k	no data
Vasishtha Patel	Independent Non-Executive Director	8.6yrs	₹60.00k	no data
Achala Patel	Non-Executive Independent Director	1.8yrs	₹30.00k	no data

8.6yrs

Average Tenure

60yo

Average Age

Experienced Board: 540544's board of directors are considered experienced (8.6 years average tenure).

PSP Projects Management

Management criteria checks 3/4

Key information

Recent management updates

PSP Projects Limited, Annual General Meeting, Sep 09, 2023

Chairman recently bought ₹35m worth of stock

Insider recently sold ₹411m worth of stock

Chairman recently bought ₹14m worth of stock

Chairman recently bought ₹30m worth of stock

Chairman recently bought ₹15m worth of stock

Recent updates

Third quarter 2024 earnings released: EPS: ₹8.63 (vs ₹9.82 in 3Q 2023)

PSP Projects Limited has filed a Follow-on Equity Offering.

Third quarter 2024 earnings released: EPS: ₹8.63 (vs ₹9.82 in 3Q 2023)

PSP Projects Limited to Report Q3, 2024 Results on Feb 09, 2024

Price target increased by 7.7% to ₹894

Second quarter 2024 earnings released: EPS: ₹10.70 (vs ₹5.98 in 2Q 2023)

PSP Projects Limited to Report Q2, 2024 Results on Nov 02, 2023

PSP Projects Limited Approves Final Dividend for the Financial Year Ended March 31, 2023

Upcoming dividend of ₹2.50 per share at 0.3% yield

PSP Projects Limited, Annual General Meeting, Sep 09, 2023

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: ₹10.51 (vs ₹8.07 in 1Q 2023)

Chairman recently bought ₹35m worth of stock

PSP Projects Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023

Full year 2023 earnings released: EPS: ₹36.65 (vs ₹46.29 in FY 2022)

PSP Projects Limited to Report Q4, 2023 Results on May 18, 2023

Insider recently sold ₹411m worth of stock

Chairman recently bought ₹14m worth of stock

Third quarter 2023 earnings released: EPS: ₹9.82 (vs ₹13.92 in 3Q 2022)

PSP Projects Limited to Report Q3, 2023 Results on Jan 18, 2023

Price target increased to ₹744

Chairman recently bought ₹30m worth of stock

Chairman recently bought ₹15m worth of stock

Second quarter 2023 earnings released: EPS: ₹5.98 (vs ₹10.11 in 2Q 2022)

PSP Projects Limited to Report Q2, 2023 Results on Oct 18, 2022

Chairman recently bought ₹25m worth of stock

PSP Projects Limited Appoint Achala M. Patel as Non-Executive Independent Director

Upcoming dividend of ₹5.00 per share

PSP Projects Limited, Annual General Meeting, Sep 27, 2022

PSP Projects Limited, Annual General Meeting, Sep 27, 2022

First quarter 2023 earnings released: EPS: ₹8.07 (vs ₹6.92 in 1Q 2022)

PSP Projects Limited to Report Q1, 2023 Results on Aug 09, 2022

PSP Projects Limited Appoints Achala Monal Patel as Additional Non-Executive Independent Director

Less than half of directors are independent

Chairman recently bought ₹8.5m worth of stock

PSP Projects Limited Announces Demise of Zarana P. Patel, Non-Executive Independent Director

Price target decreased to ₹670

PSP Projects Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022

Full year 2022 earnings released: EPS: ₹46.29 (vs ₹22.65 in FY 2021)

PSP Projects Limited to Report Q4, 2022 Results on May 27, 2022

Price target increased to ₹726

PSP Projects Limited Announces Resignation of Chirag N. Shah as Independent Director

Chairman recently bought ₹4.8m worth of stock

Senior Vice President of Operations recently sold ₹3.6m worth of stock

Investor sentiment improved over the past week

Price target increased to ₹726

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

PSP Fremont LLC acquired PSP Projects Inc from PSP Projects Limited (BSE:540544) for $0.01 million.

Chairman recently bought ₹24m worth of stock

Second quarter 2022 earnings released: EPS ₹10.11 (vs ₹3.91 in 2Q 2021)

Price target increased to ₹606

Insider recently sold ₹655m worth of stock

Investor sentiment improved over the past week

Upcoming dividend of ₹4.00 per share

First quarter 2022 earnings released: EPS ₹6.92 (vs ₹0.96 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹22.65 (vs ₹35.69 in FY 2020)

Price target raised to ₹561

Investor sentiment improved over the past week

PSP Projects Limited Provides Update on Receipt of New Projects

New 90-day high: ₹447

Third quarter 2021 earnings released: EPS ₹8.11 (vs ₹10.15 in 3Q 2020)

PSP Projects Limited to Report Q3, 2021 Results on Jan 27, 2021

New 90-day high: ₹432

PSP Projects Limited (BSE:540544) agreed to acquire remaining 26% stake in PSP Projects and Proactive Constructions Private Limited for INR 0.13 million.

New 90-day low: ₹381

Second quarter 2021 earnings released: EPS ₹3.91

PSP Projects Limited to Report Q2, 2021 Results on Nov 09, 2020

New 90-day low: ₹385

New 90-day low: ₹391