PSP Projects Q4FY26 Results: Revenue ₹1,115 Cr, Investor Presentation Filed
PSP Projects Limited reported exceptional Q4FY26 performance with revenue of ₹1,115 crore (66% YoY growth) and net profit of ₹211 crore (234% growth). The company filed its investor presentation under SEBI regulations, highlighting strategic partnership with Adani Infra which acquired 34.41% stake and promoter status. Annual FY26 results showed 25% revenue growth with order book reaching ₹13,447 crore.

*this image is generated using AI for illustrative purposes only.
PSP Projects Limited announced exceptional Q4FY26 financial performance with revenue reaching ₹1,115 crore compared to ₹673 crore in the previous year, marking a significant 66% year-on-year growth. The company's board meeting held on April 30, 2026, approved audited financial results for FY26 and made several important governance appointments. Following the results announcement, the company filed its investor presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Outstanding Q4FY26 Performance
The fourth quarter of FY26 demonstrated remarkable operational excellence with consolidated net profit surging 234% to ₹211 crore from ₹65 crore in Q4FY25. The company also reported strong EBITDA performance with ₹598 million compared to ₹323 million in the previous year, representing significant operational efficiency improvements.
| Quarter Metrics: | Q4 FY26 | Q4 FY25 | Growth |
|---|---|---|---|
| Revenue: | ₹1,115 crore | ₹673 crore | +66% |
| Net Profit: | ₹211 crore | ₹65 crore | +234% |
| EBITDA: | ₹598 million | ₹323 million | +85% |
| EBITDA Margin: | 5.36% | 4.80% | +56 bps |
| Earnings Per Share: | ₹5.26 | ₹1.64 | +221% |
Strong FY26 Annual Results
The company delivered robust consolidated financial performance for FY26, demonstrating significant growth in revenue while maintaining healthy profitability. The results reflect strong operational performance across key business segments with outstanding order book reaching ₹13,447.00 crore.
| Annual Metrics: | FY26 | FY25 | Growth |
|---|---|---|---|
| Revenue from Operations: | ₹3,14,866.19 lakhs | ₹2,51,212.57 lakhs | +25.33% |
| Total Income: | ₹3,16,592.07 lakhs | ₹2,52,944.49 lakhs | +25.16% |
| Net Profit: | ₹5,551.58 lakhs | ₹5,641.80 lakhs | -1.60% |
| Earnings Per Share: | ₹14.00 | ₹14.32 | -2.23% |
| Order Book: | ₹13,447.00 crore | - | 85% YoY Growth |
Strategic Partnership with Adani Infra
The investor presentation revealed significant corporate developments, including Adani Infra (India) Limited's strategic partnership with PSP Projects. Adani Infra acquired 44,86,193 equity shares through open offer and 91,53,779 equity shares as per Share Purchase Agreement (SPA), taking its total holding to 34.41% and being classified as one of the promoters of the company.
| Partnership Details: | Information |
|---|---|
| Adani Infra Shareholding: | 34.41% |
| Shares via Open Offer: | 44,86,193 |
| Shares via SPA: | 91,53,779 |
| Promoter Status: | Classified as Promoter |
| Agreement Date: | November 2024 |
Board Approvals and Governance
The Board of Directors approved and took on record the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, as reviewed and recommended by the Audit Committee. The joint statutory auditors M/s. Kantilal Patel & Co. and M/s. G. K. Choksi & Co. issued unmodified audit opinions on both standalone and consolidated financial results.
| Board Meeting Details: | Information |
|---|---|
| Meeting Date: | April 30, 2026 |
| Meeting Duration: | 11:00 A.M. to 2:10 P.M. |
| Audit Opinion: | Unmodified (Clean) |
| Results Status: | Approved and Recorded |
| Presentation Filed: | Under Regulation 30 |
Earnings Conference Call Recording
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, PSP Projects Limited has provided the audio recording of the earnings conference call held on April 30, 2026. The recording discusses the audited standalone and consolidated financial results for Q4FY26 and the full year ended March 31, 2026. Investors and stakeholders can access the recording through the official link provided by the company.
Strategic Growth and Order Book
The company highlighted its integrated EPC capabilities across the construction value chain, with presence in Gujarat, Rajasthan, Karnataka, Uttar Pradesh, Maharashtra and New Delhi. Order inflows for FY26 reached ₹10,925.00 crore excluding GST, supporting the strong order book growth. The presentation emphasized PSP Projects' position as a prominent construction company handling higher value projects.
| Strategic Highlights: | Details |
|---|---|
| Order Inflows FY26: | ₹10,925.00 crore (excluding GST) |
| Within-Group Projects: | 67% of order book |
| External Projects: | 33% of order book |
| Government Projects: | 25% of order book (vs 43% in FY25) |
| Construction Experience: | 39 years (Chairman & MD) |
Historical Stock Returns for PSP Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.76% | +6.02% | +29.21% | -12.73% | +23.10% | +90.64% |
How will Adani Infra's 34.41% stake and promoter status influence PSP Projects' future project pipeline and strategic direction?
What factors contributed to the significant margin expansion in Q4FY26, and can this improved profitability be sustained in FY27?
With 67% of the order book coming from within-group projects, how might this concentration affect revenue diversification and risk management?

































