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PSP Projects Ltd Q4 FY25 Results

PSPPROJECTQ4 FY25 Results
Filing
MetricValue (₹ Cr)vs Q3 FY25
Revenue672.896.8%
Total Income678.077.0%
Expenditure670.027.4%
PBT8.0522.0%
Net Profit6.4627.9%
OPM4.81%8.37pp
NPM0.95%0.09pp
EPS1.6428.1%
View full financials

PSP Projects Q4 FY25 & FY25: EBITDA at Rs.178 crores, Adani Infra Acquisition Pending, Healthy Order Book for FY26

30 May 2025 · 30 May 2025, 12:58 pm

Summary

PSP Projects Ltd. has reported an EBITDA of Rs.178 crores for FY25, down from Rs.260 crores in FY24. The decline was primarily due to expenses associated with the 7 UP projects. The company has a healthy order book for FY26 and expects to close the year with more than INR3,000 crores of revenue. The definitive agreement with Adani Infra is in the tendering period, which started on 22nd May 2025 and will end on 4th June 2025.

Key Highlights

  1. 1

    Total revenue impact of delayed projects is in excess of Rs.300 crores

  2. 2

    Adjusted EBITDA margin for FY25 stands at 9.7%

  3. 3

    SEBI approval received for the open offer in Adani Infra acquisition

  4. 4

    235 projects completed since inception with 83% private projects

  5. 5

    58 on-going projects as on 31st March 2025

  6. 6

    13 projects completed in FY25

  7. 7

    22 projects awarded in FY25

  8. 8

    Coca-Cola project is almost on the timeline

  9. 9

    Outlook for FY26: Expecting more than INR3,000 crores of revenue

Management Comments

M

Mr. P. S. Patel

FY26 holds strong potential for PSP Projects. The company enters the new financial year with a healthy order book, laying a solid foundation for growth. Our primary focus will be on execution. The entire team at PSP Projects is aligned towards delivering high-quality outcomes and ensuring timely completion across all projects.

M

Ms. Hetal Patel

We expect to close FY26 with more than INR3,000 crores of revenue, but I will be in a better position to give you a number by end of this Ist quarter as most of the Adani projects which we have started are at the stage of diaphragm walls or excavations.

Informational and educational content only. Not investment advice.