Annual Report for the Financial Year 2025-26

Revenue Growth 20pctEbitda Margin CompressionPat NegativeResults View source PDF

PSPPROJECT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.9%1-day move

₹869.95

prior close

₹872.45

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.1-1.4-0.9-0.9-2.9-2.6-5.9+2.3+1.5+5.9+12.0+12.9——

Up moveDown movePending

AI summary

PSP Projects Limited reported standalone revenue of ₹2,989.45 Crore in FY 2025-26, a 21.11% increase — its highest ever. Order inflow reached ₹10,925 Crore (up 212% YoY), expanding the order book to ₹13,447 Crore. However, profitability declined: EBITDA fell 0.80% to ₹179.50 Crore, PAT dropped 7.39% to ₹52.29 Crore, and EBITDA margin compressed by 121 bps to 6.00% due to project mix and new labour code impact. Net worth grew to ₹1,260.52 Crore. Adani Infra (India) Limited holds 34.41% stake as a strategic partner. The company completed 256 projects with 94 ongoing.

Likely market impact

Revenue surge is positive but margin compression and PAT decline are concerns — lower profitability despite higher volumes. The massive order book of ₹13,447 Crore provides multi-year growth visibility, but near-term earnings pressure may persist.