PSP Projects Ltd
PSP Projects Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #16 of 58 in Construction
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PSP Projects Ltd Q2 FY26 key numbers
- Revenue
- Outstanding order book expected to be between Rs. 14,000 crore and Rs. 15,000 crore by March 2026.
As stated in PSP Projects Ltd's Q2 FY26 earnings call transcript · published 5 Aug 2026. Reported figures, not investment advice.
The short version
FY26 revenue guidance expects over Rs. Revenue guidance for FY27 is expected to grow by over 20%, targeting around Rs.
From PSP Projects Ltd's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.
Revenue & Sales Performance
- FY26 revenue guidance expects over Rs. 3,200 crore combining first and second half, with the second half expected to generate Rs. 2,000 crore.
- Order inflow target for FY26 is around Rs. 11,000 crore, including Rs. 7,000 crore from Adani Group and Rs. 1,300 crore from non-Adani projects.
- Outstanding order book expected to be between Rs. 14,000 crore and Rs. 15,000 crore by March 2026.
- For FY27, order inflow expected to remain in the same range as FY26.
- Revenue growth for FY27 projected at over 20%, targeting Rs. 4,000 crore plus.
- Project completion timelines vary from 1.5 to 3 years depending on project size.
2 more points from PSP Projects Ltd's call on revenue
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Profitability & Margins
See what PSP Projects Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- CAPEX guidance for FY26 is in the range of 3%-4%, potentially up to 4.5% due to purchase of high-value cranes for precast (Page 10).
- CAPEX incurred in the first half of FY26 was Rs. 80 crores, with an expected Rs. 40 crores in the second half (Page 10).
- Precast plant capacity is largely in place with infrastructure ready to scale up to five projects; further machinery CAPEX may be required as new projects arise, likely in the next financial year (Page 15).
- No significant new strategic investments announced; focus is on scaling precast capacity and supporting large Adani Group projects (Page 15).
Top-ranked in Construction
Ranked on what management guided this quarter
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 Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current work-on-hand as of September 30, 2025: Rs. 9,883 crores.
- Order inflow for Q2 FY26: Rs. 4,011 crores; total order inflow till October 17, 2025: Rs. 4,118 crores.
- Total order inflow expected for FY26: Rs. 11,000 crores (including Rs. 7,000 crores from Adani Group and Rs. 1,300 crores from non-Adani projects).
- Bid pipeline stands at around Rs. 8,500 crores (Rs. 7,000 crores from Adani, Rs. 1,300 crores from others).
- Expected order book by March 2026: Rs. 14,000 to Rs. 15,000 crores after accounting for Rs. 2,000+ crores revenue during this period.
2 more points from PSP Projects Ltd's call on order book
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PSP Projects Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹1.1K Cr, net profit ₹21 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What PSP Projects Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
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For H1-FY26 (half year ending September 2025), Revenue from Operations was INR 909 million, up 76.5% YoY from INR 515 million in H1-FY25. Key investor presentat
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650 Crores (Page 9). Key investor presentation takeaways from Konstelec Engineers's Q2 FY26 investor presentation — and how it ranks against sector peers.
- MBL Infrastructure Ltd (Q2 FY26)
Revenue (Income) for HY25 (half year 2025) standalone: ₹119.37 Cr; FY24: ₹184.15 Cr. Key investor presentation takeaways from MBL Infrastructure Ltd's Q2 FY26 i
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were PSP Projects Ltd Q2 FY26 results?
FY26 revenue guidance expects over Rs. Revenue guidance for FY27 is expected to grow by over 20%, targeting around Rs.
What is PSP Projects Ltd share price analysis?
PSP Projects Ltd currently shows a neutral. The stock trades at a P/E of 42.0 with a market cap of ₹3,087 Cr. Investors should review the full earnings analysis for detailed insights.
Is PSP Projects Ltd planning capital expenditure?
CAPEX guidance for FY26 is in the range of 3%-4%, potentially up to 4.5% due to purchase of high-value cranes for precast (Page 10). - CAPEX incurred in the first half of FY26 was Rs.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.