PSP Projects Ltd

PSP Projects Ltd

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OVERVIEW
FINANCIALS

About

PSP Projects is a construction company providing services across multiple disciplines like industrial, governmental, residential, and institutional projects. It provides solutions for planning, designing, and constructing entire projects while also offering mechanical, electrical, and plumbing post-construction services. Though it has heavily been centred around Gujarat, it has recently expanded to other states and more services as well. Its residential vertical includes buildings for townships and group housing, while the government vertical includes construction contracts provided by the government, such as the Sabarmati Riverfront Development Project in Ahmedabad. Its industrial ventures include the construction of manufacturing and processing facilities for pharmaceuticals, food processing, and engineering. PSP’s institutional work primarily covers hospitals like Zydus and the Gujarat Cancer Society Medical College, Hospital, and Research Centre. Additionally, PSP constructs educational institutes, hotels, malls, and corporate offices. The company offers allied construction services like building renovations, flooring, furniture, and painting for the interiors.

Incorporation Year: 2008
Headquarters: Ahmedabad
Top Management: Prahaladbhai Shivrambhai Patel
Industry: Construction (Ancillary)

Featured In Fortune India Ranking

Next 500 India
#265(2024)#164(2023)#176(2022)#82(2021)#265(2020)#359(2019)
#265(2024)#164(2023)#176(2022)#82(2021)#265(2020)#359(2019)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
2,699
(INR Cr)
Net Operating Income
2,506
(INR Cr)
Assets
1,373
(INR Cr)
Profit
123
(INR Cr)
Net Worth
915
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS20242023202220212020201920182017201620152014201320122011
Revenue
(INR Cr)
2699
36.1%
1984
12.3%
1766
40.2%
1260
-16.8%
1515
38.9%
1091
39.8%
781
72.8%
452
-7.9%
491
70.0%
289
34.7%
214
-18.1%
262
46.0%
179
37.6%
130
-
Net Operating Income
(INR Cr)
2506
29.31%
1938
10.85%
1748
40.87%
1241
-17.24%
1499
42.73%
1050
39.75%
752
68.99%
445
-6.55%
476
0.00%
280
33.29%
210
-18.20%
257
44.00%
179
40.13%
127
0.00%
Profit
(INR Cr)
123
-6.8%
132
-20.8%
167
104.4%
82
-36.5%
128
43.7%
89
36.5%
66
57.8%
42
81.8%
23
62.5%
14
39.5%
10
-17.8%
12
46.7%
8
135.9%
4
-
Assets
(INR Cr)
1373
44.8%
948
20.3%
788
27.0%
621
16.0%
535
33.4%
401
20.6%
333
83.6%
181
61.9%
112
38.3%
81
32.0%
61
45.6%
42
1.1%
42
91.4%
22
-
Net Worth
(INR Cr)
915
14.2%
801
16.6%
687
28.2%
536
18.0%
454
23.0%
369
22.5%
301
188.0%
105
63.5%
64
0.0%
47
34.9%
35
30.8%
27
74.1%
15
124.7%
7
0.0%
Employee Cost
(INR Cr)
104
42.6%
73
31.6%
56
26.4%
44
-14.1%
51
46.2%
35
54.7%
23
49.2%
15
-88.6%
133
1541.2%
8
16.3%
7
13.2%
6
21.1%
5
81.7%
3
-
Interest Cost
(INR Cr)
51322615151098322421
Cash & Bank Balance
(INR Cr)
2272421962291972222281071128568453617
Total Debt
(INR Cr)
4551451008480313075473326152615

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS20242023202220212020201920182017201620152014201320122011
Profit As % Of Revenues 4.6%6.7%9.4%6.5%8.5%8.2%8.4%9.2%4.7%4.9%4.7%4.7%4.7%2.7%
Profit As % Of Assets 9.0%13.9%21.1%13.1%24.0%22.3%19.7%22.9%20.4%17.4%16.4%29.1%20.1%16.3%
Profit As % Of Networth 13.4%16.5%24.3%15.2%28.3%24.2%21.7%39.7%35.7%29.9%29.0%46.1%54.7%52.1%
Interest Cost to EBITDA % 19.5%13.9%10.3%11.1%7.9%6.5%8.9%11.9%9.6%11.1%12.3%17.2%14.8%12.6%
Debt to Equity Ratio 0.500.180.150.160.180.080.100.720.730.710.750.561.692.20
RONW 14.4%18.1%27.2%16.8%31.1%26.6%32.5%49.3%34.4%34.4%32.8%58.5%75.6%52.1%
ROCE 19.0%24.8%35.2%21.8%40.3%40.2%43.6%49.7%34.2%33.4%33.8%52.5%46.3%28.0%