PSP Projects Ltd.
Snapshot View

487.65 -4.45 ▼-0.9%

18 May 2022, 04:01:00 PM
Volume: 10,346

Overview View Details

Sector Realty Compare with Sector peers
Industry Construction - Real Estate Compare with Industry peers
Website http://www.pspprojects.com
Market Cap 1,753.56 Cr.
Enterprise Value(EV) 1,748.79 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 42.55 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 11.46 Trailing Twelve Months Ending 2021-12
Industry PE 79.41 Trailing Twelve Months Ending 2021-12
Book Value / Share 175.87 Trailing Twelve Months Ending 2021-12
Price to Book Value 2.77 Calculated using Price: 487.65
Dividend Yield 0.82 Period Ending 2021-03
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
-0.90%
1 Week
+0.18%
1 Month
-10.64%
3 Month
-9.30%
6 Month
-4.92%
1 Year
+21.20%
2 Year
+44.98%
5 Year
10 Year
6 years 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 34.41 50.05 32.70 26.57 31.14 16.84
Return on Capital Employed (%) 34.35 50.41 43.91 40.16 40.30 21.83
Return on Assets (%) 8.81 14.46 14.31 13.44 15.22 8.61

Balance Sheet View Details

Particulars 7 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 64 105 301 369 454 536 583
Non Curr. Liab. -1 1 -1 -6 -3 -6 14
Curr. Liab. 186 219 296 365 504 452 624
Minority Int. 0 1 1 1 1
Equity & Liab. 250 325 597 729 956 982 1,220
Non Curr. Assets 68 116 172 188 257 289 354
Curr. Assets 182 207 425 542 699 693 866
Misc. Exp. not W/O 2
Total Assets 250 325 597 729 956 982 1,220

Profit Loss View Details

Particulars 7 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 476 445 752 1,050 1,499 1,241 1,694
Other Income 10 13 19 23 24 17 21
Total Income 486 458 770 1,073 1,523 1,258 1,715
Total Expenditure -441 -378 -647 -902 -1,308 -1,106 -1,461
PBIDT 45 81 123 171 215 152 254
Interest -3 -8 -9 -10 -15 -15 -22
Depreciation -7 -8 -11 -24 -27 -26 -29
Taxation -13 -23 -36 -48 -45 -28 -50
Exceptional Items
PAT 22 42 66 89 128 83 154
Minority Interest 1 0 0 0 0 1
Share Associate 0 0 -2 0
Other Related Items
Consolidated Net Profit 23 42 66 89 128 82 153
Adjusted EPS 71 14 18 25 36 23 43

Cash Flow View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 40 -8 70 21 16 73
Cash Fr. Inv. -45 -4 -122 -23 -8 5
Cash Fr. Finan. 6 22 81 -26 -2 -4
Net Change 1 11 29 -27 6 74
Cash & Cash Eqvt 22 34 63 36 41 116

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 73.82 73.96 74.16 74.19 74.19 74.19 69.88 70.16 70.20
Public 26.18 26.04 25.84 25.81 25.81 25.81 30.12 29.84 29.80
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

Wed, 18 May 2022
Board Meeting Intimation for Intimation Of Board Meeting
PSP Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2022 inter alia to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that a meeting of the Board of Directors of the company is scheduled to be held on Friday May 27 2022 at the registered office of the company inter alia to:1. Consider approve and take on record the Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31 2022;2. Consider approve and take on record the Audited Standalone & Consolidated Financial Statements for the financial year ended March 31 2022;3. Consider and recommend a final dividend if any on the equity shares of the company for the financial year ended March 31 2022.Kindly take the same on your record.
Wed, 18 May 2022
Board to consider Final Dividend
PSP Projects Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on May 27 2022 inter alia to :

1. Consider approve and take on record the Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31 2022;

2. Consider approve and take on record the Audited Standalone & Consolidated Financial Statements for the financial year ended March 31 2022;

3. Consider and recommend a final dividend if any on the equity shares of the Company for the financial year ended March 31 2022.

Further pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations 2015 and Companys Code of Conduct to Regulate Monitor and Report Trading by Designated Persons and its immediate relatives the Trading Window for dealing in securities of the company for all the Designated persons has already been closed with effect from April 01 2022 till Forty-eight (48) hours after the declaration of the said financial results of the company.
Thu, 05 May 2022
Intimation Of Receipt Of Work Orders
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are pleased to inform that our company is in receipt of new work order (WO) worth INR 97.28 Crores (excluding GST) in Institutional Segment.With the receipt of the above order the total work orders received during the financial year 2022-23 till date amounts to INR 424.66 Crores.This is for your information and record.

Technical Scans View Details

Wed, 18 May 2022
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
High Decrease 1 Month High Decrease 1 Month
Tue, 17 May 2022
Opening at High Opening at High
Closing Above Previous High Closing Above Previous High
High Decrease 1 Month High Decrease 1 Month

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