PSP Projects Ltd.
Snapshot View

479.95 +12.30 ▲2.6%

23 July 2021, 04:00:00 P.M.
Volume: 32,137

Overview View Details

Sector Realty Compare with Sector peers
Industry Construction - Real Estate Compare with Industry peers
Website http://www.pspprojects.com
Financial Indicators
Market Cap 1,729.44 Cr.
Earnings per share (EPS) 30.52 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 15.74 Trailing Twelve Months Ending 2021-06
Industry PE - Trailing Twelve Months Ending 2021-06
Book Value / Share 155.75 Trailing Twelve Months Ending 2021-06
Price to Book Value 3.08 Calculated using Price: 480.40
Dividend Yield 0.83 Period Ending 2020-03
No. of Shares Subscribed 3.60 Cr. 36,000,000 Shares
FaceValue 10
Company Profile

The Company was incorporated as PSP Projects Private Limited on August 26, 2008, as a private limited company under the Companies Act, 1956, with the Registrar of Companies, Gujarat at Ahmedabad (the ‘RoC’). The Company was converted into a public limited company pursuant to a special resolution of the Shareholders dated June 30, 2015 and consequently, the name of the Company was changed to PSP Projects Limited and a fresh certificate of incorporation was issued by the RoC on July 10, 2015.

They are a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. They provide their services across the construction value chain, ranging from planning and design to construction and post- construction activities to private and public sector enterprises. Historically, they have focused on projects in the Gujarat region. They have completed and continue to undertake construction projects in this region. More recently, they have geographically diversified their portfolio of services and are undertaking or have bid for projects pan India.

Business area of the company

Over the years, they have successfully executed a number of prestigious projects across Gujarat. One of the first major projects that they completed was the construction of the GCS Medical College, Hospital and Research Centre (managed by the Gujarat Cancer Society) in June 2012. Subsequently, they have successfully executed a number of prestigious projects, including, the construction and interior works of Swarnim Sankul 01 and 02 at Gandhinagar, the construction of the Zydus Hospital at Ahmedabad, and various works in relation to the Sabarmati Riverfront Development project at Ahmedabad. Further, they have completed or are currently undertaking projects for a number of reputed customers.  

Major Events and Milestones

  • 2008: PSP Projects was incorporated in the name of ‘PSP Projects Private Limited’.
  • 2009: The Company acquired the business of BPC Projects 2015. The Company was converted from a private limited company to a public limited company and consequently the name of the Company was changed to ‘PSP Projects Limited’.
  • 2015: The Company entered into a partnership deed with Gannon Dunkerley & Co. Limited.
  • 2016: The Company incorporated PSP Projects Inc. in which the Company has 100% stake, making it their only wholly owned subsidiary.
  • 2016: The Company acquired 74% stake in PSP Projects & Proactive Constructions Private Limited.

Awards and accreditations

  • 2013: The Company received ISO 9001: 2008 certification from Alcumus ISOQAR for quality management systems.
  • 2014: Received certification under the leadership in energy and environment design (LEED) for successfully achieving the green building standards on completion of Swarnin Sankul 01 & 02 by the Indian Green Building Council.
  • 2015: The Company received BS OHSAS 18001: 2007 certification from Alcumus ISOQAR for occupational health and safety management.
  • 2015: The Company received ISO 14001: 2004 certification from Alcumus ISOQAR for environmental management systems.
  • 2016: The Company has received the ‘Excellence in Contractor of the Year – 2016’ award by Gujarat Contractor Association for the year 2015-2016.
  • 2016: The Company received an award from Realty Plus for ‘Affordable Housing Project of the Year – 2016 Gujarat’.
  • 2016: The Company received an award for ‘Outstanding Performance in Managing Health, Safety and Environment (45th National Safety Week Celebrations 2016)’ from Godrej Properties Limited.
  • 2016; The Company received an award for ‘Outstanding Performance in Managing Health, Safety and Environment on Site - Godrej Garden City Phase III’ from Godrej Properties Limited.
  • 2017: The Company received a certificate of appreciation for participation in the ‘Vibrant Gujarat Trade Show 2017’ from the Government of Gujarat.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.63%
1 Week
+1.64%
1 Month
+12.82%
3 Month
+12.48%
6 Month
+15.23%
1 Year
+14.59%
2 Year
-2.32%
5 Year
5 years 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 34.41 50.05 32.70 26.57 31.09
Return on Capital Employed (%) 34.35 50.41 43.91 40.16 40.27
Return on Assets (%) 8.81 14.46 14.31 13.44 15.19

Balance Sheet View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 64 105 301 369 454
Non Curr. Liab. -1 1 -1 -6 -3
Curr. Liab. 186 219 296 365 504
Minority Int. 0 1 1 1 1
Equity & Liab. 250 325 597 729 956
Non Curr. Assets 68 116 172 188 257
Curr. Assets 182 207 425 542 699
Misc. Exp. not W/O 2
Total Assets 250 325 597 729 956

Profit Loss View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 476 445 752 1,050 1,499
Other Income 10 13 19 23 24
Total Income 486 458 770 1,073 1,523
Total Expenditure -441 -378 -647 -902 -1,309
PBIDT 45 81 123 171 215
Interest -3 -8 -9 -10 -15
Depreciation -7 -8 -11 -24 -27
Taxation -13 -23 -36 -48 -45
Exceptional Items
PAT 22 42 66 89 128

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 40 -8 70 21 16
Cash Fr. Inv. -45 -4 -122 -23 -8
Cash Fr. Finan. 6 22 81 -26 -2
Net Change 1 11 29 -27 6
Cash & Cash Eqvt 22 34 63 36 41

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 73.28 73.68 73.68 73.82 73.96 74.16 74.19 74.19 74.19
Public 26.72 26.32 26.32 26.18 26.04 25.84 25.81 25.81 25.81
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Intimation of receipt new orders
Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst/Institutional Investor Meeting/call
Tue, 20 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication pertaining to Financials results of Q1FY22

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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