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PSP Projects Limited (PSPPROJECT) Fair Value & Analysis

Industrials · IN · Market cap ₹41.0B

PP PSP Projects Limited PSPPROJECT · NSE
Price₹1,026
Fair Value₹294.09
Upside-71.3%
Quality48/100
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Evidence: High Range ₹240.27 – ₹367.61

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

Share price +25.1% over the past month.

Price vs Fair Value (12 months)

₹1,034 ₹575.50 Fair Value ₹294.09 Jul 2025 Jul 2026

12‑month range ₹575.50 – ₹1,034 · fair‑value band ₹240.27 – ₹367.61 · the ₹1,026 price screens above the ₹294.09 fair value. As of Jul 3, 2026.

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Analysis

PSP Projects Limited (PSPPROJECT) currently trades at ₹1,026, while our model-based Fair Value estimate is ₹294.09 — implying the stock looks roughly 71.3% overvalued today. We read business quality at 48/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, PSP Projects Limited generated revenue of ₹9.0B at a net margin of 8.6%. Revenue grew 65.7% year over year. It earns a return on equity of 2.3%. Net debt stands at ₹701M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹9.0B
Revenue growth (YoY) +65.7%
Net margin 8.6%
Return on equity 2.3%
Free cash flow ₹1.1B FY2026
P/E ratio 74.1
More key figures
Operating margin 3.0%
EPS (TTM) ₹13.96
EPS growth (YoY) +221%
Net debt ₹701M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

PSP Projects Limited, a construction company, provides construction and related services for industrial, institutional, commercial, residential, hospitality, hospital, and marquee government projects in India. It constructs industrial buildings for pharmaceutical plants, food processing units, engineering, manufacturing and processing facilities; and buildings for hospitals and healthcare services, educational institutes, shopping malls, hospitality services, and corporate offices. The company also undertakes government projects and government residential projects; and constructs buildings for group housing and townships and bespoke luxury homes, as well as independent residences for select private customers. PSP Projects Limited was incorporated in 2008 and is headquartered in Ahmedabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

PSP Projects Limited reported revenue of ₹31.5B in FY2026 versus ₹17.5B in FY2022, a compound +15.8%/yr. Reported net income was ₹555M in FY2026, compounding −24.0%/yr from FY2022.

Revenue +15.8%/yr
FY22 ₹17.5B
FY23 ₹19.4B
FY24 ₹25.1B
FY25 ₹25.3B
FY26 ₹31.5B
Net income −24.0%/yr
FY22 ₹1.7B
FY23 ₹1.3B
FY24 ₹1.2B
FY25 ₹564M
FY26 ₹555M

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6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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Frequently asked questions

Is PSP Projects Limited (PSPPROJECT) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹294.09 versus a price of ₹1,026 — about −71% (overvalued). Model-based estimate, not financial advice.
What is the fair value of PSPPROJECT?
Our model-based fair value for PSP Projects Limited is ₹294.09 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹1,026.
What is the quality score of PSPPROJECT?
PSP Projects Limited has a Quality Score of 48/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PSP Projects Limited (PSPPROJECT)?
PSP Projects Limited reported trailing-twelve-month revenue of about ₹9.0B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of PSPPROJECT?
The net profit margin of PSP Projects Limited is about 8.6%, meaning it keeps roughly 8.6% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.