|
09 Feb 2026 |
PSP Projects
|
Consensus Share Price Target
|
778.10 |
740.78 |
- |
-4.80 |
hold
|
|
|
|
|
02 Feb 2026
|
PSP Projects
|
ICICI Direct
|
778.10
|
780.00
|
725.55
(7.24%)
|
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...
|
|
20 Oct 2025
|
PSP Projects
|
ICICI Direct
|
778.10
|
920.00
|
791.85
(-1.74%)
|
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
|
778.10
|
705.00
|
791.85
(-1.74%)
|
Target met |
Hold
|
|
|
We maintain HOLD on the stock.
|
|
31 Jul 2025
|
PSP Projects
|
Axis Direct
|
778.10
|
765.00
|
754.30
(3.16%)
|
Target met |
Hold
|
|
|
We maintain HOLD on the stock.
|
|
26 May 2025
|
PSP Projects
|
Keynote Capitals Ltd
|
778.10
|
600.00
|
638.85
(21.80%)
|
22.89 |
Sell
|
|
|
Quarterly Update Q4FY25
|
|
10 Feb 2025
|
PSP Projects
|
Axis Direct
|
778.10
|
695.00
|
622.40
(25.02%)
|
Target met |
Buy
|
|
|
We maintain our recommendation to BUY on the stock.
|
|
10 Feb 2025
|
PSP Projects
|
IDBI Capital
|
778.10
|
661.00
|
622.40
(25.02%)
|
Target met |
Hold
|
|
|
|
|
25 Nov 2024
|
PSP Projects
|
Keynote Capitals Ltd
|
778.10
|
712.00
|
625.45
(24.41%)
|
Target met |
Buy
|
|
|
Company Update
|
|
21 Nov 2024
|
PSP Projects
|
Axis Direct
|
778.10
|
685.00
|
609.55
(27.65%)
|
Target met |
Hold
|
|
|
We changed our rating from BUY to HOLD
|
|
29 Oct 2024
|
PSP Projects
|
Keynote Capitals Ltd
|
778.10
|
763.00
|
613.05
(26.92%)
|
Target met |
Buy
|
|
|
Quarterly Update Q2FY25
|
|
28 Oct 2024
|
PSP Projects
|
IDBI Capital
|
778.10
|
652.00
|
620.15
(25.47%)
|
Target met |
Hold
|
|
|
|
|
28 Oct 2024
|
PSP Projects
|
Axis Direct
|
778.10
|
665.00
|
620.15
(25.47%)
|
Target met |
Buy
|
|
|
We maintain our recommendation to BUY on the stock.
|
|
05 Aug 2024
|
PSP Projects
|
Keynote Capitals Ltd
|
778.10
|
756.00
|
670.95
(15.97%)
|
Target met |
Buy
|
|
|
Quarterly Update Q1FY25
|
|
05 Aug 2024
|
PSP Projects
|
IDBI Capital
|
778.10
|
732.00
|
670.95
(15.97%)
|
Target met |
Hold
|
|
|
|
|
05 Aug 2024
|
PSP Projects
|
Axis Direct
|
778.10
|
810.00
|
670.95
(15.97%)
|
Target met |
Buy
|
|
|
We change our recommendation from HOLD to BUY on the stock.
|
|
28 May 2024
|
PSP Projects
|
Keynote Capitals Ltd
|
778.10
|
788.00
|
644.25
(20.78%)
|
|
Buy
|
|
|
Quarterly Update Q4FY24
|
|
27 May 2024
|
PSP Projects
|
ICICI Direct
|
778.10
|
755.00
|
645.65
(20.51%)
|
|
Buy
|
|
|
|
|
27 May 2024
|
PSP Projects
|
Axis Direct
|
778.10
|
720.00
|
645.65
(20.51%)
|
Target met |
Hold
|
|
|
We change our recommendation from BUY to HOLD on the stock.
|
|
26 May 2024
|
PSP Projects
|
IDBI Capital
|
778.10
|
714.00
|
645.65
(20.51%)
|
Target met |
Hold
|
|
|
|
|
12 Feb 2024
|
PSP Projects
|
Axis Direct
|
778.10
|
815.00
|
697.35
(11.58%)
|
|
Buy
|
|
|
We maintain our BUY recommendation on the stock and roll over our estimates to FY26
|