PSP Projects Ltd

NSE: PSPPROJECT BSE: 540544

₹732.15

-23.30 (3.08%)

Wed, 28 Oct 2026, 00:44 pm

MTF 5xInvest in PSP Projects Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)2905.94

PE Ratio39.52

Dividend0

Industrial Services

Engineering & Construction

24.5K

PSP Projects Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-22.66M	-36.01M	-19.47M	-23.67M	-33.53M	-79.46M	-92.97M	-96.74M	-150.56M	-150.08M	-264.89M	-319.60M	-508.24M	-442.24M
Pretax equity in earnings	0	0	0	0	0	-7.26M	-10.00M	-9.00K	—	—	—	—	—	—
Equity in earnings	0	0	0	0	0	0	0	907.00K	1.07M	-24.19M	3.78M	-27.00M	-4.85M	-15.42M
Total assets	919.65M	1.01B	1.36B	1.86B	2.53B	3.28B	6.00B	7.35B	9.63B	9.91B	12.70B	17.65B	20.37B	23.53B
Total current assets	694.98M	746.76M	1.11B	1.39B	1.82B	2.07B	4.25B	5.41B	6.99B	6.93B	8.21B	12.82B	15.30B	17.79B
Cash and short term investments	360.35M	446.14M	765.53M	966.38M	1.25B	1.21B	2.43B	2.22B	1.97B	2.29B	1.96B	2.42B	2.27B	2.08B
Cash & equivalents	94.48M	241.17M	124.96M	209.75M	1.12B	340.85M	117.80M	25.12M	413.53M	1.16B	880.23M	941.64M	1.13B	797.49M
Short term investments	265.87M	204.97M	640.57M	756.63M	129.82M	866.58M	2.31B	2.20B	1.55B	1.13B	1.08B	1.48B	1.14B	1.28B
Total receivables, net	205.39M	148.24M	172.68M	289.52M	265.16M	587.00M	1.41B	2.07B	3.65B	3.36B	4.49B	7.27B	8.53B	11.01B
Accounts receivable - trade, net	189.52M	121.66M	137.55M	238.74M	202.30M	582.78M	1.36B	1.96B	3.58B	3.30B	4.43B	7.24B	8.50B	11.01B
Other receivables	15.87M	26.58M	35.13M	50.78M	62.85M	4.23M	45.57M	107.83M	69.10M	55.45M	59.32M	33.52M	34.91M	6.85M
Total inventory	29.70M	27.25M	78.81M	89.79M	169.86M	94.11M	349.77M	880.14M	1.09B	1.05B	1.57B	2.71B	4.01B	3.95B
Other current assets, total	96.14M	121.06M	90.47M	38.08M	131.17M	180.07M	46.94M	195.20M	238.79M	191.76M	166.86M	381.22M	418.79M	694.20M
Total non-current assets	224.67M	262.84M	249.17M	476.97M	705.69M	1.21B	1.75B	1.94B	2.64B	2.99B	4.49B	4.83B	5.07B	5.74B
Long term investments	2.14M	34.93M	8.00M	8.27M	9.21M	474.69M	768.36M	784.08M	1.42B	1.20B	2.23B	2.00B	1.46B	2.11B
Note receivable - long term	—	—	—	—	—	155.58M	495.37M	515.80M	873.46M	912.54M	805.23M	1.01B	1.04B	1.27B
Investments in unconsolidated subsidiaries	0	0	0	0	0	4.46M	4.46M	4.46M	4.46M	4.56M	4.56M	4.56M	4.56M	4.56M
Other investments	2.14M	34.93M	8.00M	8.27M	9.21M	314.64M	268.53M	263.81M	540.80M	279.73M	1.43B	985.03M	412.94M	835.74M
Net property/plant/equipment	180.18M	184.64M	185.05M	352.95M	550.81M	521.04M	885.25M	1.04B	1.08B	1.63B	2.08B	2.63B	3.30B	3.19B
Gross property/plant/equipment	231.07M	271.95M	308.49M	528.04M	1.01B	830.26M	1.31B	1.68B	1.99B	2.75B	3.44B	4.38B	5.66B	6.08B
Deferred tax assets	1.65M	1.79M	3.13M	4.92M	24.61M	28.33M	27.97M	59.21M	69.64M	97.31M	114.70M	129.24M	193.86M	274.47M
Net intangible assets	0	0	0	310.00K	3.84M	5.15M	7.25M	10.37M	14.37M	12.43M	13.53M	11.89M	10.79M	13.66M
Goodwill, net	0	0	0	0	90.00K	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	0	310.00K	3.75M	5.15M	7.25M	10.37M	14.37M	12.43M	13.53M	11.89M	10.79M	13.66M
Other long term assets, total	40.70M	41.48M	52.99M	110.52M	117.22M	155.69M	56.80M	39.52M	46.35M	49.39M	50.33M	61.57M	104.33M	148.47M
Short term debt	107.57M	34.42M	254.35M	330.00M	457.56M	716.20M	285.56M	306.59M	757.99M	810.84M	824.76M	1.07B	4.13B	2.53B
Current portion of LT debt and capital leases	18.79M	16.79M	9.01M	4.80M	8.90M	18.87M	21.47M	12.76M	25.85M	101.31M	0	323.03M	537.07M	337.60M
Short term debt excl. current portion of LT debt	88.78M	17.63M	245.34M	325.20M	448.65M	697.33M	264.10M	293.83M	732.13M	709.53M	824.76M	746.20M	3.60B	2.19B
Accounts payable	206.07M	355.57M	399.77M	631.26M	821.65M	743.54M	1.27B	1.59B	2.17B	2.60B	2.58B	3.68B	4.20B	4.18B
Income tax payable	—	110.00K	890.00K	9.29M	52.44M	117.80M	66.84M	104.00M	8.52M	69.28M	73.00K	0	—	—
Long term debt	151.13M	115.43M	5.73M	4.08M	10.41M	33.64M	16.85M	4.09M	40.37M	27.83M	171.81M	380.58M	416.99M	184.18M
Long term debt excl. lease liabilities	151.13M	115.43M	5.73M	4.08M	10.41M	33.64M	16.85M	4.09M	40.37M	27.83M	171.81M	380.58M	416.99M	184.18M
Total equity	152.81M	265.95M	347.93M	469.22M	645.00M	1.05B	3.02B	3.70B	4.55B	5.36B	6.87B	8.01B	9.15B	12.09B
Shareholders' equity	152.81M	265.95M	347.93M	469.22M	640.08M	1.05B	3.01B	3.69B	4.54B	5.36B	6.87B	8.01B	9.15B	12.09B
Common equity, total	152.81M	265.95M	347.93M	469.22M	640.08M	1.05B	3.01B	3.69B	4.54B	5.36B	6.87B	8.01B	9.15B	12.09B
Other common equity	0	18.33M	33.44M	54.20M	93.60M	92.74M	91.53M	93.36M	92.66M	92.72M	93.61M	93.61M	93.61M	93.61M
Total debt	258.70M	149.85M	260.08M	334.08M	467.97M	749.84M	302.41M	310.68M	798.36M	838.67M	996.57M	1.45B	4.55B	2.72B
Net debt	-101.65M	-296.29M	-505.45M	-632.30M	-782.39M	-457.59M	-2.13B	-1.91B	-1.17B	-1.45B	-966.89M	-973.75M	2.28B	636.90M
Change in accounts receivable	-110.79M	67.86M	-15.89M	-101.19M	95.27M	-382.91M	-657.24M	-252.99M	-876.20M	58.34M	-876.97M	-1.25B	838.46M	-2.01B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	41.68M	149.50M	44.20M	231.49M	190.38M	-54.41M	574.50M	201.27M	580.91M	393.93M	-568.80M	671.47M	857.92M	105.94M
Change in other assets/liabilities	97.16M	-115.44M	50.85M	43.82M	-45.60M	-202.23M	486.70M	-314.58M	-634.36M	-855.27M	1.02B	176.14M	-4.32B	1.18B
Sale of fixed assets & businesses	100.00K	340.00K	250.00K	20.00K	5.20M	1.29M	181.50M	9.80M	244.00K	901.00K	13.06M	9.46M	7.68M	7.05M
Purchase/sale of investments, net	-159.16M	28.11M	-410.21M	-113.10M	-272.73M	-104.11M	-928.90M	-57.38M	33.80M	681.95M	-1.09B	41.39M	914.99M	-554.07M
Sale/maturity of investments	510.00K	60.90M	26.93M	—	—	—	1.36M	141.35M	34.58M	681.95M	0	41.39M	914.99M	10.63M
Purchase of investments	-159.67M	-32.79M	-437.14M	-113.10M	-272.73M	-104.11M	-928.90M	-198.73M	-783.00K	0	-1.09B	0	0	-564.70M
Other investing cash flow items, total	0	0	0	-1.27M	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of debt, net	101.21M	-106.85M	118.01M	78.21M	129.79M	282.21M	-447.43M	8.26M	487.68M	40.32M	157.90M	453.24M	3.10B	-1.84B
Issuance/retirement of long term debt	99.81M	-35.70M	-109.70M	-1.65M	6.33M	33.19M	-14.19M	-21.47M	49.37M	62.92M	208.08M	366.39M	250.45M	-432.29M
Issuance/retirement of short term debt	1.40M	-71.15M	227.71M	79.86M	123.45M	249.02M	-433.24M	29.73M	438.31M	-22.60M	-50.19M	86.86M	2.85B	-1.40B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	-9.36M	-23.52M	-57.60M	0	-108.32M	-217.00M	-434.00M	0	-144.00M	-180.00M	-90.00M	0
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-22.66M	-36.01M	-19.47M	-23.67M	-33.53M	-79.46M	-92.97M	-96.74M	-150.56M	-150.08M	-264.89M	-319.60M	-508.24M	-442.24M
Pretax equity in earnings	0	0	0	0	0	-7.26M	-10.00M	-9.00K	—	—	—	—	—	—
Equity in earnings	0	0	0	0	0	0	0	907.00K	1.07M	-24.19M	3.78M	-27.00M	-4.85M	-15.42M
Total assets	919.65M	1.01B	1.36B	1.86B	2.53B	3.28B	6.00B	7.35B	9.63B	9.91B	12.70B	17.65B	20.37B	23.53B
Total current assets	694.98M	746.76M	1.11B	1.39B	1.82B	2.07B	4.25B	5.41B	6.99B	6.93B	8.21B	12.82B	15.30B	17.79B
Cash and short term investments	360.35M	446.14M	765.53M	966.38M	1.25B	1.21B	2.43B	2.22B	1.97B	2.29B	1.96B	2.42B	2.27B	2.08B
Cash & equivalents	94.48M	241.17M	124.96M	209.75M	1.12B	340.85M	117.80M	25.12M	413.53M	1.16B	880.23M	941.64M	1.13B	797.49M
Short term investments	265.87M	204.97M	640.57M	756.63M	129.82M	866.58M	2.31B	2.20B	1.55B	1.13B	1.08B	1.48B	1.14B	1.28B
Total receivables, net	205.39M	148.24M	172.68M	289.52M	265.16M	587.00M	1.41B	2.07B	3.65B	3.36B	4.49B	7.27B	8.53B	11.01B
Accounts receivable - trade, net	189.52M	121.66M	137.55M	238.74M	202.30M	582.78M	1.36B	1.96B	3.58B	3.30B	4.43B	7.24B	8.50B	11.01B
Other receivables	15.87M	26.58M	35.13M	50.78M	62.85M	4.23M	45.57M	107.83M	69.10M	55.45M	59.32M	33.52M	34.91M	6.85M
Total inventory	29.70M	27.25M	78.81M	89.79M	169.86M	94.11M	349.77M	880.14M	1.09B	1.05B	1.57B	2.71B	4.01B	3.95B
Other current assets, total	96.14M	121.06M	90.47M	38.08M	131.17M	180.07M	46.94M	195.20M	238.79M	191.76M	166.86M	381.22M	418.79M	694.20M
Total non-current assets	224.67M	262.84M	249.17M	476.97M	705.69M	1.21B	1.75B	1.94B	2.64B	2.99B	4.49B	4.83B	5.07B	5.74B
Long term investments	2.14M	34.93M	8.00M	8.27M	9.21M	474.69M	768.36M	784.08M	1.42B	1.20B	2.23B	2.00B	1.46B	2.11B
Note receivable - long term	—	—	—	—	—	155.58M	495.37M	515.80M	873.46M	912.54M	805.23M	1.01B	1.04B	1.27B
Investments in unconsolidated subsidiaries	0	0	0	0	0	4.46M	4.46M	4.46M	4.46M	4.56M	4.56M	4.56M	4.56M	4.56M
Other investments	2.14M	34.93M	8.00M	8.27M	9.21M	314.64M	268.53M	263.81M	540.80M	279.73M	1.43B	985.03M	412.94M	835.74M
Net property/plant/equipment	180.18M	184.64M	185.05M	352.95M	550.81M	521.04M	885.25M	1.04B	1.08B	1.63B	2.08B	2.63B	3.30B	3.19B
Gross property/plant/equipment	231.07M	271.95M	308.49M	528.04M	1.01B	830.26M	1.31B	1.68B	1.99B	2.75B	3.44B	4.38B	5.66B	6.08B
Deferred tax assets	1.65M	1.79M	3.13M	4.92M	24.61M	28.33M	27.97M	59.21M	69.64M	97.31M	114.70M	129.24M	193.86M	274.47M
Net intangible assets	0	0	0	310.00K	3.84M	5.15M	7.25M	10.37M	14.37M	12.43M	13.53M	11.89M	10.79M	13.66M
Goodwill, net	0	0	0	0	90.00K	0	0	0	0	0	0	0	0	0
Other intangibles, net	0	0	0	310.00K	3.75M	5.15M	7.25M	10.37M	14.37M	12.43M	13.53M	11.89M	10.79M	13.66M
Other long term assets, total	40.70M	41.48M	52.99M	110.52M	117.22M	155.69M	56.80M	39.52M	46.35M	49.39M	50.33M	61.57M	104.33M	148.47M
Short term debt	107.57M	34.42M	254.35M	330.00M	457.56M	716.20M	285.56M	306.59M	757.99M	810.84M	824.76M	1.07B	4.13B	2.53B
Current portion of LT debt and capital leases	18.79M	16.79M	9.01M	4.80M	8.90M	18.87M	21.47M	12.76M	25.85M	101.31M	0	323.03M	537.07M	337.60M
Short term debt excl. current portion of LT debt	88.78M	17.63M	245.34M	325.20M	448.65M	697.33M	264.10M	293.83M	732.13M	709.53M	824.76M	746.20M	3.60B	2.19B
Accounts payable	206.07M	355.57M	399.77M	631.26M	821.65M	743.54M	1.27B	1.59B	2.17B	2.60B	2.58B	3.68B	4.20B	4.18B
Income tax payable	—	110.00K	890.00K	9.29M	52.44M	117.80M	66.84M	104.00M	8.52M	69.28M	73.00K	0	—	—
Long term debt	151.13M	115.43M	5.73M	4.08M	10.41M	33.64M	16.85M	4.09M	40.37M	27.83M	171.81M	380.58M	416.99M	184.18M
Long term debt excl. lease liabilities	151.13M	115.43M	5.73M	4.08M	10.41M	33.64M	16.85M	4.09M	40.37M	27.83M	171.81M	380.58M	416.99M	184.18M
Total equity	152.81M	265.95M	347.93M	469.22M	645.00M	1.05B	3.02B	3.70B	4.55B	5.36B	6.87B	8.01B	9.15B	12.09B
Shareholders' equity	152.81M	265.95M	347.93M	469.22M	640.08M	1.05B	3.01B	3.69B	4.54B	5.36B	6.87B	8.01B	9.15B	12.09B
Common equity, total	152.81M	265.95M	347.93M	469.22M	640.08M	1.05B	3.01B	3.69B	4.54B	5.36B	6.87B	8.01B	9.15B	12.09B
Other common equity	0	18.33M	33.44M	54.20M	93.60M	92.74M	91.53M	93.36M	92.66M	92.72M	93.61M	93.61M	93.61M	93.61M
Total debt	258.70M	149.85M	260.08M	334.08M	467.97M	749.84M	302.41M	310.68M	798.36M	838.67M	996.57M	1.45B	4.55B	2.72B
Net debt	-101.65M	-296.29M	-505.45M	-632.30M	-782.39M	-457.59M	-2.13B	-1.91B	-1.17B	-1.45B	-966.89M	-973.75M	2.28B	636.90M
Change in accounts receivable	-110.79M	67.86M	-15.89M	-101.19M	95.27M	-382.91M	-657.24M	-252.99M	-876.20M	58.34M	-876.97M	-1.25B	838.46M	-2.01B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	41.68M	149.50M	44.20M	231.49M	190.38M	-54.41M	574.50M	201.27M	580.91M	393.93M	-568.80M	671.47M	857.92M	105.94M
Change in other assets/liabilities	97.16M	-115.44M	50.85M	43.82M	-45.60M	-202.23M	486.70M	-314.58M	-634.36M	-855.27M	1.02B	176.14M	-4.32B	1.18B
Sale of fixed assets & businesses	100.00K	340.00K	250.00K	20.00K	5.20M	1.29M	181.50M	9.80M	244.00K	901.00K	13.06M	9.46M	7.68M	7.05M
Purchase/sale of investments, net	-159.16M	28.11M	-410.21M	-113.10M	-272.73M	-104.11M	-928.90M	-57.38M	33.80M	681.95M	-1.09B	41.39M	914.99M	-554.07M
Sale/maturity of investments	510.00K	60.90M	26.93M	—	—	—	1.36M	141.35M	34.58M	681.95M	0	41.39M	914.99M	10.63M
Purchase of investments	-159.67M	-32.79M	-437.14M	-113.10M	-272.73M	-104.11M	-928.90M	-198.73M	-783.00K	0	-1.09B	0	0	-564.70M
Other investing cash flow items, total	0	0	0	-1.27M	0	0	0	0	0	0	0	0	0	0
Issuance/retirement of debt, net	101.21M	-106.85M	118.01M	78.21M	129.79M	282.21M	-447.43M	8.26M	487.68M	40.32M	157.90M	453.24M	3.10B	-1.84B
Issuance/retirement of long term debt	99.81M	-35.70M	-109.70M	-1.65M	6.33M	33.19M	-14.19M	-21.47M	49.37M	62.92M	208.08M	366.39M	250.45M	-432.29M
Issuance/retirement of short term debt	1.40M	-71.15M	227.71M	79.86M	123.45M	249.02M	-433.24M	29.73M	438.31M	-22.60M	-50.19M	86.86M	2.85B	-1.40B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	-9.36M	-23.52M	-57.60M	0	-108.32M	-217.00M	-434.00M	0	-144.00M	-180.00M	-90.00M	0
Other financing cash flow items, total	0	0	0	0	0	0	0	0	0	0	0	0	0	0