PSPPROJECT Stock Overview
PSP Projects Limited, a construction company, provides construction services for industrial, institutional, residential, social infrastructure, and commercial projects in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹522.10|
|52 Week High||₹552.00|
|52 Week Low||₹397.00|
|1 Month Change||15.43%|
|3 Month Change||3.24%|
|1 Year Change||28.79%|
|3 Year Change||28.52%|
|5 Year Change||n/a|
|Change since IPO||161.70%|
Recent News & Updates
|PSPPROJECT||IN Construction||IN Market|
Return vs Industry: PSPPROJECT underperformed the Indian Construction industry which returned 46.1% over the past year.
Return vs Market: PSPPROJECT underperformed the Indian Market which returned 34.4% over the past year.
|PSPPROJECT Average Weekly Movement||4.8%|
|Construction Industry Average Movement||6.9%|
|Market Average Movement||6.8%|
|10% most volatile stocks in IN Market||9.8%|
|10% least volatile stocks in IN Market||4.1%|
Stable Share Price: PSPPROJECT is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PSPPROJECT's weekly volatility (5%) has been stable over the past year.
About the Company
PSP Projects Limited, a construction company, provides construction services for industrial, institutional, residential, social infrastructure, and commercial projects in India. The company constructs industrial buildings for pharmaceutical plants, food processing units, engineering units, and manufacturing and processing facilities; and buildings for hospitals and healthcare services, educational institutes, malls, hospitality services, and corporate offices. It also undertakes government projects and government residential projects; and constructs buildings for group housing and townships, as well as independent residences for select private customers.
PSP Projects Fundamentals Summary
|PSPPROJECT fundamental statistics|
Is PSPPROJECT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PSPPROJECT income statement (TTM)|
|Cost of Revenue||₹13.10b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jan 27, 2022
|Earnings per share (EPS)||36.72|
|Net Profit Margin||8.27%|
How did PSPPROJECT perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is PSP Projects undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PSPPROJECT (₹522.1) is trading above our estimate of fair value (₹92.63)
Significantly Below Fair Value: PSPPROJECT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PSPPROJECT is good value based on its PE Ratio (14.2x) compared to the Indian Construction industry average (19.1x).
PE vs Market: PSPPROJECT is good value based on its PE Ratio (14.2x) compared to the Indian market (23.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PSPPROJECT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PSPPROJECT is overvalued based on its PB Ratio (3.2x) compared to the IN Construction industry average (1.3x).
How is PSP Projects forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PSP Projects has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has PSP Projects performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSPPROJECT has a high level of non-cash earnings.
Growing Profit Margin: PSPPROJECT's current net profit margins (8.3%) are higher than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: PSPPROJECT's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: PSPPROJECT's earnings growth over the past year (62.7%) exceeds its 5-year average (13.1% per year).
Earnings vs Industry: PSPPROJECT earnings growth over the past year (62.7%) exceeded the Construction industry 21.8%.
Return on Equity
High ROE: PSPPROJECT's Return on Equity (22.6%) is considered high.
How is PSP Projects's financial position?
Financial Position Analysis
Short Term Liabilities: PSPPROJECT's short term assets (₹8.7B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: PSPPROJECT's short term assets (₹8.7B) exceed its long term liabilities (₹244.6M).
Debt to Equity History and Analysis
Debt Level: PSPPROJECT has more cash than its total debt.
Reducing Debt: PSPPROJECT's debt to equity ratio has reduced from 71.7% to 32.4% over the past 5 years.
Debt Coverage: PSPPROJECT's debt is well covered by operating cash flow (42.3%).
Interest Coverage: PSPPROJECT earns more interest than it pays, so coverage of interest payments is not a concern.
What is PSP Projects's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PSPPROJECT's dividend (0.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).
High Dividend: PSPPROJECT's dividend (0.77%) is low compared to the top 25% of dividend payers in the Indian market (1.33%).
Stability and Growth of Payments
Stable Dividend: PSPPROJECT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PSPPROJECT's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.9%), PSPPROJECT's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Prahaladbhai Patel (58 yo)
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...
CEO Compensation Analysis
Compensation vs Market: Prahaladbhai's total compensation ($USD670.97K) is above average for companies of similar size in the Indian market ($USD181.22K).
Compensation vs Earnings: Prahaladbhai's compensation has been consistent with company performance over the past year.
Experienced Management: PSPPROJECT's management team is seasoned and experienced (5.2 years average tenure).
Experienced Board: PSPPROJECT's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PSPPROJECT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PSP Projects Limited's employee growth, exchange listings and data sources
- Name: PSP Projects Limited
- Ticker: PSPPROJECT
- Exchange: NSEI
- Founded: 2008
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: ₹18.810b
- Shares outstanding: 36.00m
- Website: https://www.pspprojects.com
Number of Employees
- PSP Projects Limited
- PSP House
- Opposite Celesta Courtyard
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 16:00|
|End of Day Share Price||2022/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.