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PSP Projects

Q1 FY27Construction

PSP Projects Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price901
Market cap₹3.6K Cr
P/E49.2
Updated25 Aug 2026
Read4 min read

What the Q1 FY27 call signalled

4 of 4 strong

RevenueRank 2
MarginRank 2
CapexYes
Order bookYes

Not discussed on this call: fundraise.

The short version

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.

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

See what PSP Projects said on profitability & margins — free account, 30 seconds.

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.

Top-ranked in Construction

Ranked on what management guided this quarter

5x potential
1Dilip Buildcon
Rev 1Mar 3
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what PSP Projects said on fundraising & capital structure — free account, 30 seconds.

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.

PSP Projects — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.1K Cr, net profit ₹21 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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🔎 Who's planning the most growth?

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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.