PSP Projects Ltd: Why Is It Outperforming Nifty 500?

PSP Projects Ltd's latest quarterly results (Mar 2026) show

• PAT Growth YoY: +250.0% (turning around (inflection up))
• Revenue Growth YoY: +65.7%
• Operating Margin: 5.0% (expanding)

PSP Projects Ltd's profit is growing with an turning around (inflection up) trend.

• PAT Growth YoY: +250.0% (latest quarter)
• PAT Growth QoQ: +16.7% (sequential)
• 3-Year PAT CAGR: -24.9%
• Trend: Turning around (inflection up) — consistent growth pattern

PSP Projects Ltd's revenue growth trend is turning around (inflection up).

• Revenue Growth YoY: +65.7%
• Revenue Growth QoQ: +37.1% (sequential)
• 3-Year Revenue CAGR: +17.6%

PSP Projects Ltd's operating margin is expanding.

• Current OPM: 5.0%
• OPM Change YoY: 0.0% basis points
• OPM Change QoQ: -2.0% basis points

PSP Projects Ltd's long-term compounding rates

• 3-Year Profit CAGR: -24.9%
• 3-Year Revenue CAGR: +17.6%

PSP Projects Ltd's earnings growth is turning around (inflection up) with insufficient_data on a sequential basis.

• YoY Acceleration: 0.0% bps
• Sequential Acceleration: +4.2% bps

PSP Projects Ltd's trailing twelve month (TTM) performance

• TTM PAT: ₹55 Cr
• TTM PAT Growth: -1.8% YoY
• TTM Revenue: ₹3,000 Cr
• TTM Revenue Growth: +25.4% YoY
• TTM Operating Margin: 6.0%

PSP Projects Ltd appears significantly overvalued based on our fair value analysis.

• Valuation Signal: Significantly Overvalued
• Current PE: 69.7x
• Price-to-Book: 3.1x

PSP Projects Ltd's current PE ratio is 69.7x.

• Current PE: 69.7x
• Market Cap: 3.9K Cr

PSP Projects Ltd's current PE is 69.7x.

• Current PE: 69.7x
• Valuation Assessment: Significantly Overvalued

PSP Projects Ltd's price-to-book ratio is 3.1x.

• Price-to-Book (P/B): 3.1x
• Book Value per Share: ₹319
• Current Price: ₹988

PSP Projects Ltd is rated Average with a fundamental score of 43.34/100. This score is calculated from objective financial metrics

• Revenue Growth YoY: +65.7% (10% weight)
• PAT Growth YoY: +250.0% (10% weight)
• PAT Growth QoQ: +16.7% (10% weight)
• Margins expanding (10% weight)

PSP Projects Ltd has a debt-to-equity ratio of N/A.

• Total Debt: ₹330 Cr

PSP Projects Ltd's return ratios over recent years

• FY2024: ROCE 19.0%
• FY2025: ROCE 9.0%
• FY2026: ROCE 8.0%

PSP Projects Ltd's operating cash flow is positive (FY2026).

• Cash from Operations (CFO): ₹323 Cr
• Free Cash Flow (FCF): ₹171 Cr
• CFO/PAT Ratio: 577% (strong cash conversion)

PSP Projects Ltd currently does not pay a significant dividend (yield 0.00%).

• Dividend Yield: 0.00%
• Current Price: ₹988

PSP Projects Ltd's shareholding pattern (Mar 2026)

• Promoters: 68.8%
• FII (Foreign): 1.9%
• DII (Domestic): 2.2%
• Public: 27.1%

PSP Projects Ltd's promoter holding has remained stable recently.

• Current Promoter Holding: 68.8% (Mar 2026)
• Previous Quarter: 68.8% (Dec 2025)
• Change: 0.00% (stable)

PSP Projects Ltd has been outperforming Nifty 500 for 4 consecutive weeks, indicating building momentum.

PSP Projects Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.

Based on quantitative research signals, here is why PSP Projects Ltd may be worth studying

• Earnings growing at +250.0% YoY
• Operating margins are expanding — OPM at 5.0%
• Cash flow is positive — CFO ₹323 Cr

PSP Projects Ltd investment thesis summary:

PSP Projects Ltd's forward outlook based on current data signals

• Earnings Trend: turning around (inflection up)
• Revenue Trend: turning around (inflection up)
• Margin Trend: expanding
• Valuation: Significantly Overvalued