PSP Projects Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Construction | Market Cap: ₹3.6K Cr
PSP Projects Limited expects revenue growth of over 25% for FY27, targeting INR4,400 to INR4,500 crores. PSP Projects expects over 25% revenue growth in FY27, targeting INR4,400 to INR4,500 crores.
From PSP Projects's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Price
₹903
Market Cap
₹3.6K Cr
P/E Ratio
49.2
Revenue Rank
Margin Rank
How does PSP Projects rank in Construction?
Compare PSP Projects against every Construction company this quarter on revenue, margins and earnings-call signals.
PSP Projects — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.1K Cr, net profit ₹21 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 2- →PSP Projects Limited expects revenue growth of over 25% for FY27, targeting INR4,400 to INR4,500 crores.
- →Order book as of June 30, 2026, stands at INR13,245 crores, enabling strong multi-year revenue visibility.
- →The company anticipates maintaining a 20%-25% revenue growth trajectory in the medium term.
- →Execution momentum is set to improve as major projects progress beyond initial excavation and underground phases.
- →Labor availability normalization expected to boost construction activities and execution pace in upcoming quarters.
- →Order inflow guidance remains stable, with INR4,000 to INR5,000 crores expected from Adani Group projects in FY27.
- →Bid pipeline exceeds INR6,200 crores, including both group and external projects.
- →Strategic team strengthening aims to support scalable growth and efficient project delivery.
📈 Profitability & Margins
Rank 2- →PSP Projects expects over 25% revenue growth in FY27, targeting INR4,400 to INR4,500 crores.
- →EBITDA margin guidance stands at 7%-8% for the entire year, with improvement expected in the second half of FY27.
- →Employee cost, which was temporarily higher in Q1 due to team building, is expected to normalize, aiding margin expansion.
- →Net profit showed significant YoY improvement in Q1, indicating strong earnings momentum.
- →The robust order book of INR13,245 crores with 70% internal/Adani Group projects supports multi-year revenue visibility and profit stability.
- →Capex planned at 3%-4% of revenue, flexible based on project scale, supporting operational growth.
- →Focus remains on efficient execution, especially on Adani-led projects like Dharavi, which may provide substantial future volume and profitability.
- →Working capital and finance cost are expected to improve further, positively impacting net profits and EPS.
🏗️ Capital Expenditure Plans
Yes- →The company incurred capex of INR28 crores in Q1 FY27, with a gross block of INR793 crores and net block of INR470 crores as of June 30, 2026.
- →Capex guidance remains around 3%-4% of revenue, though actual capex may vary depending on large upcoming projects.
- →Capex is mainly related to supporting execution and project readiness; no specific new strategic investments or expansions beyond buildings segment mentioned.
- →The company is focusing on strengthening the workforce and operational capabilities to support growth, not on entering new business segments or geographies at this time.
- →No clear indication of major future strategic investments apart from normal capex linked to project execution.
💰 Fundraising & Capital Structure
No information📋 Order Book & Pipeline
Yes- →Current consolidated order book as of June 30, 2026: INR 13,245 crores.
- →Includes around INR 3,000 crores from two Dharavi redevelopment projects.
- →Expectation to maintain an order book of approximately INR 5,000 to 6,000 crores at March-end.
- →Order inflow of INR 630 crores during the quarter, with 93% from Adani Group projects.
- →Bid pipeline stands at INR 6,200+ crores, with 61% group projects and 39% external.
- →Plans to keep the order book mixed with 25% non-Adani and 70-75% Adani projects.
- →Focus remains on Gujarat and Mumbai geographies; no new regions targeted currently.
- →Ability to secure further Dharavi projects depends on performance; potential for first right of refusal.
Key Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Frequently Asked Questions
What were PSP Projects Q1 FY27 results?
PSP Projects Limited expects revenue growth of over 25% for FY27, targeting INR4,400 to INR4,500 crores. PSP Projects expects over 25% revenue growth in FY27, targeting INR4,400 to INR4,500 crores.
What is PSP Projects share price analysis?
PSP Projects currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 49.2 with a market cap of ₹3,615 Cr. Investors should review the full earnings analysis for detailed insights.
Is PSP Projects planning capital expenditure?
The company incurred capex of INR28 crores in Q1 FY27, with a gross block of INR793 crores and net block of INR470 crores as of June 30, 2026.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.