Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of PSP Projects Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 730 | 514 | 620 | 705 | 668 | 623 | 586 | 630 | 673 | 518 | 703 | 813 | 1,115 |
| Expenses + | 649 | 447 | 547 | 635 | 615 | 549 | 548 | 595 | 641 | 493 | 653 | 758 | 1,055 |
| Operating Profit | 81 | 66 | 72 | 70 | 53 | 74 | 38 | 36 | 32 | 25 | 50 | 55 | 60 |
| OPM % | 11% | 13% | 12% | 10% | 8% | 12% | 6% | 6% | 5% | 5% | 7% | 7% | 5% |
| Other Income + | 7 | 6 | 6 | 6 | 6 | 4 | 5 | 4 | 5 | 4 | 4 | 4 | 5 |
| Interest | 9 | 9 | 12 | 15 | 14 | 13 | 11 | 10 | 10 | 11 | 12 | 11 | 11 |
| Depreciation | 12 | 12 | 14 | 19 | 20 | 17 | 18 | 19 | 19 | 17 | 20 | 24 | 26 |
| Profit before tax | 66 | 51 | 52 | 42 | 25 | 48 | 14 | 10 | 8 | 1 | 22 | 24 | 27 |
| Tax % | 26% | 26% | 26% | 26% | 35% | 28% | 25% | 36% | 20% | 41% | 28% | 25% | 23% |
| Net Profit + | 46 | 38 | 39 | 31 | 16 | 35 | 10 | 5 | 6 | 0 | 16 | 18 | 21 |
| EPS in Rs | 12.78 | 10.51 | 10.70 | 8.63 | 4.31 | 8.75 | 2.58 | 1.27 | 1.63 | 0.11 | 4.08 | 4.50 | 5.32 |
Financials of PSP Projects Ltd
Annual income statement trend
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 472 | 445 | 752 | 1,050 | 1,499 | 1,241 | 1,748 | 1,938 | 2,506 | 2,512 | 3,149 |
| Expenses + | 438 | 378 | 646 | 901 | 1,308 | 1,106 | 1,490 | 1,708 | 2,245 | 2,333 | 2,960 |
| Operating Profit | 35 | 67 | 106 | 149 | 191 | 135 | 258 | 230 | 261 | 179 | 189 |
| OPM % | 7% | 15% | 14% | 14% | 13% | 11% | 15% | 12% | 10% | 7% | 6% |
| Other Income + | 10 | 13 | 18 | 22 | 24 | 17 | 22 | 25 | 24 | 17 | 17 |
| Interest | 3 | 8 | 9 | 10 | 15 | 15 | 26 | 32 | 51 | 44 | 45 |
| Depreciation | 7 | 8 | 11 | 24 | 27 | 26 | 32 | 40 | 65 | 73 | 87 |
| Profit before tax | 35 | 65 | 102 | 137 | 173 | 111 | 222 | 183 | 169 | 80 | 74 |
| Tax % | 37% | 36% | 36% | 35% | 26% | 25% | 25% | 26% | 27% | 27% | 25% |
| Net Profit + | 23 | 42 | 66 | 89 | 128 | 81 | 167 | 132 | 123 | 56 | 56 |
| EPS in Rs | 71.34 | 14.41 | 18.20 | 24.84 | 35.69 | 22.65 | 46.29 | 36.65 | 34.16 | 14.23 | 14.01 |
| Dividend Payout % | 21% | 17% | 27% | 20% | 14% | 18% | 11% | 7% | 0% | 0% | 0% |
Financials of PSP Projects Ltd
Capital structure and asset base
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 29 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 40 | 40 |
| Reserves | 61 | 76 | 265 | 333 | 418 | 500 | 651 | 765 | 879 | 1,169 | 1,224 |
| Borrowings + | 47 | 75 | 30 | 31 | 80 | 84 | 100 | 145 | 455 | 272 | 330 |
| Other Liabilities + | 142 | 148 | 268 | 335 | 429 | 372 | 484 | 819 | 667 | 873 | 1,495 |
| Total Liabilities | 253 | 328 | 600 | 735 | 963 | 991 | 1,270 | 1,765 | 2,037 | 2,353 | 3,089 |
| Fixed Assets + | 54 | 52 | 78 | 103 | 108 | 116 | 207 | 240 | 322 | 307 | 413 |
| CWIP | 0 | 0 | 2 | 0 | 0 | 42 | 0 | 18 | 3 | 3 | 1 |
| Investments | 14 | 18 | 16 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other Assets + | 185 | 258 | 504 | 631 | 854 | 833 | 1,062 | 1,507 | 1,711 | 2,042 | 2,674 |
| Total Assets | 253 | 328 | 600 | 735 | 963 | 991 | 1,270 | 1,765 | 2,037 | 2,353 | 3,089 |
Financials of PSP Projects Ltd
Operating, investing and financing cash movement
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 40 | -8 | 70 | 21 | 16 | 73 | 147 | 45 | -224 | 53 | 323 |
| Cash from Investing Activity + | -45 | -4 | -122 | -23 | -8 | 5 | -164 | -51 | -26 | -106 | -152 |
| Cash from Financing Activity + | 6 | 22 | 81 | -26 | -2 | -4 | -11 | 12 | 269 | 20 | 10 |
| Net Cash Flow | 1 | 11 | 29 | -27 | 6 | 74 | -28 | 6 | 19 | -33 | 180 |
| Free Cash Flow | 13 | -14 | 22 | -17 | -18 | -6 | 72 | -34 | -365 | -15 | 130 |
| CFO/OP | 154% | 10% | 106% | 46% | 37% | 72% | 82% | 44% | -68% | 59% | 197% |
Financials of PSP Projects Ltd
Working capital efficiency and return ratios
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 48 | 60 | 51 | 57 | 67 | 65 | 82 | 50 | 77 | 108 |
| Inventory Days | 17 | 8 | 43 | 66 | 66 | 82 | 60 | 96 | 147 | 145 | 46 |
| Days Payable | 145 | 174 | 160 | 140 | 148 | 237 | 189 | 231 | 194 | 186 | 62 |
| Cash Conversion Cycle | -112 | -118 | -58 | -22 | -25 | -88 | -64 | -53 | 3 | 35 | 92 |
| Working Capital Days | -100 | -112 | -55 | -16 | -0 | 3 | 13 | 22 | 33 | 65 | 23 |
| ROCE % | 50% | 44% | 40% | 40% | 22% | 35% | 25% | 19% | 9% | 8% |