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PSP Projects Ltd share Price Today

Company details

669.30
698.35
599.90
846.00
6M Return -11.40%
1Y Return -1.71%
Mkt Cap.(Cr) 2,727.37
Volume 91,351
Div Yield 0.33%
OI
-
OI Chg %
-
Volume 91,351

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About The Stock

    Incorporated in 2008 by Prahladbhai Patel, PSP Projects (PSP) is one of the prominent contractors offering a diversified range of construction and allied services. Its focus remains on industrial, institutional, government, government residential and residential projects.

    • PSP reported 34.3%, 31.2%, 31.3% CAGR in topline, EBITDA, PAT CAGR, respectively, during FY17-22
    • Prudent management, net debt free, robust return ratios (RoCE: 25+%)
Q3FY23

    PSP reported subdued number during Q3FY23.

    • Standalone revenue during Q3FY23 witnessed a muted growth of 2.4% YoY to ₹ 497.8 crore impacted by slowed down execution in certain projects in UP owing to delay in approvals.
    • EBITDA margin stood at 12.4% (down 290 bps YoY, as base quarter had some completion led benefits)
    • At PAT level, subdued operating performance coupled with higher interest cost translated into 24.8% YoY decline in PAT (to ₹ 35.3 crore)

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Research view on more stocks

PSP Projects Ltd shares SWOT Analysis

Strengths (5)

  • Company with Low Debt
  • Increasing Revenue every quarter for the past 2 quarters
  • Book Value per share Improving for last 2 years

Weakness (2)

  • Promoter holding decreased by more than -2% QoQ
  • Low Piotroski Score : Companies with weak financials

Opportunity (3)

  • Street Favorite: High Analyst Rating with at least 20% upside
  • Results Screener: Stocks with upcoming results which are seeing positive shifts in share price
  • RSI indicating price strength

Threats (2)

  • Promoter decreasing their shareholding
  • Companies with growing costs YoY for long term projects

Resistance and support

R1 701.1
R2 714.3
R3 730.2
Pivot

685.22

S1 672.1
S2 656.2
S3 643.0
EMA SMA
670.0
678.9
697.5
712.6
667.4
669.1
703.1
742.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Bulk Purchase 2023-03-31 664.35 620000 NSE
SHILPABEN PRAHALADBHAI PATEL Bulk Sell 2023-03-31 664.35 620000 NSE
SOCIETE GENERALE Block Purchase 2023-03-31 664.35 620000 NSE
Name Category Shares
PRAHALADBHAI S PATEL PROMOTER 47.76%
SAGAR PRAHLADBHAI PATEL PROMOTER 5.05%
SHILPABEN PRAHALADBHAI PATEL PROMOTER 4.58%
POOJA P PATEL PROMOTER 2.52%

OUR RESEARCH VIEW

Investment recommendation
Execution to pick up sharply ahead!
Call Date
19 Jan 2023
Entry Price 685.00
Target Price 820.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

PSP Projects Ltd Stocks COMPARISON

Financials( in Cr) PSP Projects Ltd Macrotech Developers Ltd NCC Ltd National Standard (India) Ltd Mahindra Lifespace Developers Ltd
Price 688.00 1,312.60 289.10 4,735.00 599.75
% Change 2.44 5.62 0.36 -0.33 -0.68
Mcap Cr 2,727.37 130,532.29 18,151.06 9,470.00 9,296.72
Revenue TTM Cr 1,937.81 9,470.40 15,553.41 17.35 606.61
Net Profit TTM Cr 134.64 489.50 646.21 8.25 102.83
PE TTM 17.74 80.17 24.76 0.00 94.57
1 Year Return -1.71 172.93 158.36 -0.50 48.10
ROCE 24.77 8.82 19.70 5.02 1.69
ROE 18.10 10.57 10.98 3.43 1.42
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 800.99 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 41,960.24 -29,509.50
LAST 3M 102,987.80 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,691.56 126,663.80
NSE Board Meetings Forthcomming

May 24, 2024 l NSE Board Meetings Forthcomming

PSP Projects Limited - Analysts/Institutional Investor Meet/Con. Call Updates

May 21, 2024 l NSE Announcement

PSP Projects to convene board meeting

May 17, 2024 l BSE Announcement

Date Action Type Ratio
Sep 01, 2023 Dividend 25
Sep 19, 2022 Dividend 50

PSP Projects Ltd Information

Stock PE (TTM)
17.74
Promoter Holding
60.14%
Book Value
280.6144
ROCE
24.77%
ROE
18.1%
Description
  • PSP Projects Limited is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. It provides services across the construction value chain, ranging from planning and design to construction and post construction activities to private and public sector enterprises. The company was incorporated as a private limited company on August 26, 2008 in the name of PSP Projects Private Limited`. In 2009, PSP Projects acquired the business of BPC Projects. The company was converted into a public limited company on 30th June 2015 and consequently, the name of the company was changed to PSP Projects Ltd. In 2015, the company entered into a partnership deed with Gannon Dunkerley & Co. Ltd. In 2016, the company incorporated PSP Projects Inc. in which the company has 100% stake and the company has also acquired 74% stake in PSP Projects & Proactive Constructions Pvt Ltd. The company came out with an initial public offer (IPO) during the period from 17 May 2017 to 19 May 2017. The IPO was a combination of fresh issue of 72 lakh shares and Offer for Sale of 28.80 lakh shares by promoter and promoter group shareholders. The stock debuted at Rs 199 on BSE on 29 May 2017, a discount of 5.23% compared with the IPO price of Rs 210 per share. On 3 October 2017, PSP Projects informed the stock exchanges that the company has received work orders worth Rs 505.46 crore during the period from 1 July 2017 to 30 September 2017 from various clients. On 10 October 2017, PSP Projects informed the stock exchanges that the company has received Letter of Intent from Surat Diamond Bourse for main contract work at Surat Diamond Bourse. The total size of the contract is Rs 1575 crore excluding GST. On 8 January 2018, PSP Projects informed the stock exchanges that it has received work orders worth Rs 1776.41 crore during the period from 1 October 2017 to 31 December 2017 from various clients for industrial, institutional, government and residential projects. On 5 April 2018, PSP Projects informed the stock exchanges that it has received work orders worth Rs 87.33 crore during the quarter ended 31 March 2018 from various clients for industrial, institutional and government projects. On 5 September 2018, PSP Projects informed the stock exchanges that it has received work orders worth Rs 226.07 crore (on standalone basis) from various clients for industrial and institutional projects. On 25 September 2018, PSP Projects informed the stock exchanges that credit rating agency CARE Rating Limited has upgraded the company`s credit rating for bank facilities on the basis of recent developments including operational and financial performance of the company. On 19 November 2018, PSP Projects announced that it has bagged new Institutional and Industrial projects worth Rs 372.47 crore from various clients including two projects of Rs 208.49 crore in which the company has been ranked the L1 bidder (lowest bidder) by regulatory authority.

Registered Address

PSP House Opposite Celesta, Courtyard Iscon-Ambli Road, Ahmedabad, Gujarat, 380058

Tel : 91-79-26936200/300/400
Email : grievance:pspprojects.com
Website : http://www.pspprojects.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540544
NSE Code : PSPPROJECT
Book Closure Date (Month) :
BSE Group : A
ISIN : INE488V01015

FAQ’s on PSP Projects Ltd Shares

You can buy PSP Projects Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy PSP Projects Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 22, 2024 03:58 PM the closing price of PSP Projects Ltd was Rs.688.00.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 22, 2024 03:58 PM, the market cap of PSP Projects Ltd stood at Rs. 2,727.37.

The latest PE ratio of PSP Projects Ltd as of May 22, 2024 03:58 PM is 17.74

The latest PB ratio of PSP Projects Ltd as of May 22, 2024 03:58 PM is 0.41

The 52-week high of PSP Projects Ltd share price is Rs. 846.00 while the 52-week low is Rs. 599.90

According to analyst recommendations, PSP Projects Ltd Share has a "Buy" rating for the long term.

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