PSP Projects Future Growth

Future criteria checks 3/6

PSP Projects is forecast to grow earnings and revenue by 19.9% and 13.8% per annum respectively. EPS is expected to grow by 19.9% per annum. Return on equity is forecast to be 19.1% in 3 years.

Key information

19.9%

Earnings growth rate

19.9%

EPS growth rate

Construction earnings growth	23.9%
Revenue growth rate	13.8%
Future return on equity	19.1%
Analyst coverage	Good
Last updated	12 Apr 2024

Recent future growth updates

Recent updates

We Don’t Think PSP Projects' (NSE:PSPPROJECT) Earnings Should Make Shareholders Too Comfortable

May 01

PSP Projects (NSE:PSPPROJECT) May Have Issues Allocating Its Capital

Apr 16

Here's Why We Think PSP Projects (NSE:PSPPROJECT) Might Deserve Your Attention Today

Mar 28

With EPS Growth And More, PSP Projects (NSE:PSPPROJECT) Makes An Interesting Case

Dec 13

We Wouldn't Rely On PSP Projects's (NSE:PSPPROJECT) Statutory Earnings As A Guide

Dec 07

PSP Projects (NSE:PSPPROJECT) Has A Somewhat Strained Balance Sheet

Nov 23

What Do The Returns On Capital At PSP Projects (NSE:PSPPROJECT) Tell Us?

Nov 11

If You Had Bought PSP Projects' (NSE:PSPPROJECT) Shares A Year Ago You Would Be Down 28%

Oct 28

Will Weakness in PSP Projects Limited's (NSE:PSPPROJECT) Stock Prove Temporary Given Strong Fundamentals?

Oct 14

If You Like EPS Growth Then Check Out PSP Projects (NSE:PSPPROJECT) Before It's Too Late

Sep 29

Earnings and Revenue Growth Forecasts

NSEI:PSPPROJECT - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	34,174	2,325	1,244	2,260	7
3/31/2025	29,643	1,935	1,361	2,230	7
3/31/2024	25,397	1,544	-1,411	-74	7
12/31/2023	25,676	1,534	-2,644	-930	N/A
9/30/2023	23,630	1,577	-3,002	-1,485	N/A
6/30/2023	21,034	1,408	N/A	N/A	N/A
3/31/2023	19,378	1,319	-345	453	N/A
12/31/2022	17,629	1,412	N/A	N/A	N/A
9/30/2022	17,483	1,559	1,443	1,710	N/A
6/30/2022	17,788	1,708	N/A	N/A	N/A
3/31/2022	17,481	1,667	707	1,473	N/A
12/31/2021	16,941	1,532	N/A	N/A	N/A
9/30/2021	15,987	1,322	-210	797	N/A
6/30/2021	14,513	1,099	N/A	N/A	N/A
3/31/2021	12,409	815	-58	735	N/A
12/31/2020	11,965	739	N/A	N/A	N/A
9/30/2020	12,294	813	-785	-162	N/A
6/30/2020	12,985	997	N/A	N/A	N/A
3/31/2020	14,993	1,285	-176	155	N/A
12/31/2019	13,810	1,243	N/A	N/A	N/A
9/30/2019	12,199	1,089	-196	12	N/A
6/30/2019	11,199	937	N/A	N/A	N/A
3/31/2019	10,504	894	-182	212	N/A
3/31/2018	7,516	655	40	697	N/A
3/31/2017	4,448	415	N/A	-75	N/A
3/31/2016	4,760	228	N/A	405	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PSPPROJECT's forecast earnings growth (19.9% per year) is above the savings rate (6.7%).

Earnings vs Market: PSPPROJECT's earnings (19.9% per year) are forecast to grow faster than the Indian market (17.5% per year).

High Growth Earnings: PSPPROJECT's earnings are forecast to grow, but not significantly.

Revenue vs Market: PSPPROJECT's revenue (13.8% per year) is forecast to grow faster than the Indian market (9.9% per year).

High Growth Revenue: PSPPROJECT's revenue (13.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PSPPROJECT's Return on Equity is forecast to be low in 3 years time (19.1%).

PSP Projects Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 7.7% to ₹894

Price target decreased to ₹670

Price target increased to ₹726

Price target increased to ₹726

Price target increased to ₹606

Price target raised to ₹561

Recent updates

We Don’t Think PSP Projects' (NSE:PSPPROJECT) Earnings Should Make Shareholders Too Comfortable

New minor risk - Shareholder dilution

PSP Projects Limited has completed a Follow-on Equity Offering in the amount of INR 2.44 billion.

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

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

PSP Projects (NSE:PSPPROJECT) May Have Issues Allocating Its Capital

Here's Why We Think PSP Projects (NSE:PSPPROJECT) Might Deserve Your Attention Today

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

With EPS Growth And More, PSP Projects (NSE:PSPPROJECT) Makes An Interesting Case

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 (NSE:PSPPROJECT) Is Increasing Its Dividend To ₹5.00

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

Is Now The Time To Put PSP Projects (NSE:PSPPROJECT) On Your Watchlist?

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

Do PSP Projects's (NSE:PSPPROJECT) Earnings Warrant Your Attention?

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

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)

Is PSP Projects Limited (NSE:PSPPROJECT) Potentially Undervalued?

PSP Projects (NSE:PSPPROJECT) Takes On Some Risk With Its Use Of Debt

Price target raised to ₹561

How Is PSP Projects' (NSE:PSPPROJECT) CEO Compensated?

Investor sentiment improved over the past week

PSP Projects Limited Provides Update on Receipt of New Projects