PSP PROJECTS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 682 INR | -1.91% |
|
+0.35% | -11.02% |
| Mar. 11 | PSP Projects Bags New Orders Wrth INR4.10 Billion; Shares Drop 3% | MT |
| Mar. 11 | PSP Projects Limited Announces Intimation of Receipt of Work Order | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 16,439 | 11,702 | 16,679 | 19,409 | 24,152 | 27,036 | - | - |
| Enterprise Value (EV) 1 | 14,472 | 10,457 | 15,100 | 18,454 | 23,181 | 27,337 | 26,700 | 26,274 |
| P/E ratio | 18.2 x | 9.05 x | 20.6 x | 12 x | 18.2 x | 15.9 x | 12.7 x | 10.6 x |
| Yield | 1.09% | 1.54% | 0.86% | 0.93% | 0.37% | 0.62% | 0.73% | 0.87% |
| Capitalization / Revenue | 1.57 x | 0.78 x | 1.34 x | 1.11 x | 1.25 x | 1.06 x | 0.91 x | 0.79 x |
| EV / Revenue | 1.39 x | 0.7 x | 1.22 x | 1.06 x | 1.2 x | 1.08 x | 0.9 x | 0.77 x |
| EV / EBITDA | 9.72 x | 5.48 x | 11.2 x | 7.19 x | 10.3 x | 9.31 x | 7.51 x | 6.34 x |
| EV / FCF | -79.5 x | -74.5 x | -179 x | 42 x | -63.2 x | -19.4 x | 19.6 x | 21.1 x |
| FCF Yield | -1.26% | -1.34% | -0.56% | 2.38% | -1.58% | -5.16% | 5.1% | 4.74% |
| Price to Book | 4.43 x | 2.56 x | 3.1 x | 2.83 x | 3.02 x | 2.62 x | 2.21 x | 1.86 x |
| Nbr of stocks (in thousands) | 36,000 | 36,000 | 36,000 | 36,000 | 36,000 | 39,642 | - | - |
| Reference price 2 | 456.6 | 325.0 | 463.3 | 539.2 | 670.9 | 682.0 | 682.0 | 682.0 |
| Announcement Date | 5/27/19 | 6/9/20 | 6/18/21 | 5/27/22 | 5/18/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,440 | 14,993 | 12,409 | 17,488 | 19,266 | 25,397 | 29,643 | 34,174 |
| EBITDA 1 | 1,489 | 1,910 | 1,348 | 2,565 | 2,250 | 2,937 | 3,556 | 4,145 |
| EBIT 1 | 1,247 | 1,643 | 1,092 | 2,245 | 1,850 | 2,366 | 2,880 | 3,372 |
| Operating Margin | 11.95% | 10.96% | 8.8% | 12.84% | 9.6% | 9.31% | 9.72% | 9.87% |
| Earnings before Tax (EBT) 1 | 1,385 | 1,744 | 1,087 | 2,193 | 1,801 | 2,069 | 2,592 | 3,114 |
| Net income 1 | 902.4 | 1,293 | 807.9 | 1,624 | 1,330 | 1,544 | 1,935 | 2,325 |
| Net margin | 8.64% | 8.62% | 6.51% | 9.29% | 6.9% | 6.08% | 6.53% | 6.8% |
| EPS 2 | 25.07 | 35.91 | 22.44 | 45.11 | 36.95 | 42.88 | 53.77 | 64.58 |
| Free Cash Flow 1 | -182 | -140.3 | -84.38 | 439 | -366.6 | -1,411 | 1,361 | 1,244 |
| FCF margin | -1.74% | -0.94% | -0.68% | 2.51% | -1.9% | -5.55% | 4.59% | 3.64% |
| FCF Conversion (EBITDA) | - | - | - | 17.11% | - | - | 38.28% | 30.02% |
| FCF Conversion (Net income) | - | - | - | 27.03% | - | - | 70.32% | 53.51% |
| Dividend per Share 2 | 5.000 | 5.000 | 4.000 | 5.000 | 2.500 | 4.240 | 4.980 | 5.940 |
| Announcement Date | 5/27/19 | 6/9/20 | 6/18/21 | 5/27/22 | 5/18/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,904 | 4,856 | 5,553 | 3,452 | 3,566 | 4,974 | 7,274 | 5,096 | 6,071 | 6,966 | 7,575 |
| EBITDA 1 | 547.2 | 740.7 | 881.3 | 471.1 | 386.1 | 616.5 | 776.5 | 646.5 | 737.4 | 714.3 | 834.8 |
| EBIT 1 | - | - | - | - | - | - | 652.7 | - | 593.8 | 527 | 567 |
| Operating Margin | - | - | - | - | - | - | 8.97% | - | 9.78% | 7.57% | 7.49% |
| Earnings before Tax (EBT) 1 | - | - | - | 384.1 | - | 481.5 | 627.5 | - | 529.6 | 439.8 | 733 |
| Net income 1 | - | - | - | 284.9 | 229.2 | 353 | 463.1 | 367.2 | 394.1 | 325.2 | 457.7 |
| Net margin | - | - | - | 8.25% | 6.43% | 7.1% | 6.37% | 7.21% | 6.49% | 4.67% | 6.04% |
| EPS 2 | - | - | - | 7.910 | - | 9.810 | 12.86 | - | 10.95 | 9.030 | 12.58 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/27/21 | 1/27/22 | 5/27/22 | 8/9/22 | 10/18/22 | 1/18/23 | 5/18/23 | 7/27/23 | 11/2/23 | 2/9/24 | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | 301 | - | - |
| Net Cash position 1 | 1,967 | 1,245 | 1,579 | 955 | 971 | - | 336 | 762 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | 0.1025 x | - | - |
| Free Cash Flow 1 | -182 | -140 | -84.4 | 439 | -367 | -1,411 | 1,361 | 1,244 |
| ROE (net income / shareholders' equity) | 26.8% | 31.2% | 16.2% | 26.6% | 17.9% | 17.8% | 18.7% | 19.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 103.0 | 127.0 | 149.0 | 190.0 | 222.0 | 260.0 | 309.0 | 367.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 394 | 331 | 793 | 766 | 797 | 1,433 | 919 | 1,028 |
| Capex / Sales | 3.78% | 2.21% | 6.39% | 4.38% | 4.14% | 5.64% | 3.1% | 3.01% |
| Announcement Date | 5/27/19 | 6/9/20 | 6/18/21 | 5/27/22 | 5/18/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -11.02% | 324M | |
| -2.29% | 67.67B | |
| +2.13% | 59.37B | |
| +21.25% | 38.3B | |
| +11.23% | 30.73B | |
| +2.06% | 26.35B | |
| +22.89% | 22.01B | |
| +15.06% | 19.47B | |
| +22.99% | 17.6B | |
| +64.33% | 16.64B |
- Stock Market
- Equities
- PSPPROJECT Stock
- Financials PSP Projects Limited
