|
30 Mar 2026 |
PSP Projects
|
Consensus Share Price Target
|
575.50 |
760.13 |
- |
32.08 |
hold
|
|
|
|
|
24 Mar 2026
|
PSP Projects
|
Prabhudas Lilladhar
|
575.50
|
1028.00
|
617.30
(-6.77%)
|
78.63 |
Buy
|
|
|
We hosted the management of PSPPL for a non-deal roadshow with investors. The management reiterated its strong growth outlook, supported by improving execution, order inflow, and increasing contribution from the Adani partnership. The company maintained its FY26 revenue guidance at INR3031bn, with a strong Q4 execution run-rate of ~INR11bn expected (+65% YoY). For FY27, the management...
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|
02 Feb 2026
|
PSP Projects
|
ICICI Direct
|
575.50
|
780.00
|
725.55
(-20.68%)
|
Target met |
Hold
|
|
|
About the stock: Incorporated in 2008 by Prahladbhai Patel, PSP Projects 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. Adani Group holds 34.4% and is part of promoter group. Q3FY26 Performance: PSP projects reported standalone revenue of 771 crore, up 23.8% YoY led by strong execution. EBITDA at 51.9 crore, was up 46.8% YoY with margins at 6.7%, up 106bps YoY, despite affected by ~100bps due to one off due...
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|
20 Oct 2025
|
PSP Projects
|
ICICI Direct
|
575.50
|
920.00
|
791.85
(-27.32%)
|
Target met |
Buy
|
|
|
Prudent management, strong execution track record, healthy order book, strong balance sheet and robust return ratios are the key strengths of PSP. Q2FY26 Performance: The standalone revenue of 694 crore, was up 20% YoY, attributable to improved project execution which driven by better workflow, and improved labour activity post monsoon season. EBITDA at 48.1 crore, up 23.8%...
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|
20 Oct 2025
|
PSP Projects
|
Axis Direct
|
575.50
|
705.00
|
791.85
(-27.32%)
|
Target met |
Hold
|
|
|
We maintain HOLD on the stock.
|
|
31 Jul 2025
|
PSP Projects
|
Axis Direct
|
575.50
|
765.00
|
754.30
(-23.70%)
|
Target met |
Hold
|
|
|
We maintain HOLD on the stock.
|
|
26 May 2025
|
PSP Projects
|
Keynote Capitals Ltd
|
575.50
|
600.00
|
638.85
(-9.92%)
|
Target met |
Sell
|
|
|
Quarterly Update Q4FY25
|
|
10 Feb 2025
|
PSP Projects
|
Axis Direct
|
575.50
|
695.00
|
622.40
(-7.54%)
|
Target met |
Buy
|
|
|
We maintain our recommendation to BUY on the stock.
|
|
10 Feb 2025
|
PSP Projects
|
IDBI Capital
|
575.50
|
661.00
|
622.40
(-7.54%)
|
Target met |
Hold
|
|
|
|
|
25 Nov 2024
|
PSP Projects
|
Keynote Capitals Ltd
|
575.50
|
712.00
|
625.45
(-7.99%)
|
Target met |
Buy
|
|
|
Company Update
|
|
21 Nov 2024
|
PSP Projects
|
Axis Direct
|
575.50
|
685.00
|
609.55
(-5.59%)
|
Target met |
Hold
|
|
|
We changed our rating from BUY to HOLD
|
|
29 Oct 2024
|
PSP Projects
|
Keynote Capitals Ltd
|
575.50
|
763.00
|
613.05
(-6.13%)
|
Target met |
Buy
|
|
|
Quarterly Update Q2FY25
|
|
28 Oct 2024
|
PSP Projects
|
IDBI Capital
|
575.50
|
652.00
|
620.15
(-7.20%)
|
Target met |
Hold
|
|
|
|
|
28 Oct 2024
|
PSP Projects
|
Axis Direct
|
575.50
|
665.00
|
620.15
(-7.20%)
|
Target met |
Buy
|
|
|
We maintain our recommendation to BUY on the stock.
|
|
05 Aug 2024
|
PSP Projects
|
Keynote Capitals Ltd
|
575.50
|
756.00
|
670.95
(-14.23%)
|
Target met |
Buy
|
|
|
Quarterly Update Q1FY25
|
|
05 Aug 2024
|
PSP Projects
|
IDBI Capital
|
575.50
|
732.00
|
670.95
(-14.23%)
|
Target met |
Hold
|
|
|
|
|
05 Aug 2024
|
PSP Projects
|
Axis Direct
|
575.50
|
810.00
|
670.95
(-14.23%)
|
Target met |
Buy
|
|
|
We change our recommendation from HOLD to BUY on the stock.
|
|
28 May 2024
|
PSP Projects
|
Keynote Capitals Ltd
|
575.50
|
788.00
|
644.25
(-10.67%)
|
|
Buy
|
|
|
Quarterly Update Q4FY24
|
|
27 May 2024
|
PSP Projects
|
ICICI Direct
|
575.50
|
755.00
|
645.65
(-10.87%)
|
|
Buy
|
|
|
|
|
27 May 2024
|
PSP Projects
|
Axis Direct
|
575.50
|
720.00
|
645.65
(-10.87%)
|
Target met |
Hold
|
|
|
We change our recommendation from BUY to HOLD on the stock.
|
|
26 May 2024
|
PSP Projects
|
IDBI Capital
|
575.50
|
714.00
|
645.65
(-10.87%)
|
Target met |
Hold
|
|
|
|