PSP Projects Limited has received a declaration from its promoters confirming that no encumbrance has been created on the company's shares during the financial year ended March 31, 2026. The disclosure was made by Prahaladbhai Patel, a promoter of the company, on behalf of the entire promoter and promoter group. This declaration was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing, dated April 04, 2026, was addressed to the Listing Operations Department of BSE Limited, the Listing Department of the National Stock Exchange of India Limited, and the Audit Committee of psp projects . The communication confirms that neither the promoters nor the promoter group members have directly or indirectly encumbered their shareholdings in the company during the specified period.

Promoter and Promoter Group Details

The declaration covers a total of nine entities falling under the categories of Promoter and Promoter Group. The list includes individual family members as well as specific trusts and corporate entities associated with the promoters.

The submission was signed and authorized by Prahaladbhai Patel in his capacity as a Promoter and Authorised Signatory. The disclosure ensures regulatory transparency regarding the holding status of the company's key stakeholders for the financial year 2025-26.

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. Following the results announcement, the company filed its investor presentation and the transcript of the earnings conference call 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 ₹21 crore from ₹6 crore in Q4FY25. The company also reported strong EBITDA performance with ₹60 crore compared to ₹32 crore in the previous year, representing significant operational efficiency improvements.

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 an outstanding order book reaching ₹13,447.00 crore.

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.

Financial Guidance and Outlook

During the earnings conference call, management provided guidance for FY27, targeting revenue of ₹4,500 crore. The company expects EBITDA margins to improve to the range of 7% to 8%. Management indicated that the company aims to become debt-free in the near future as mobilization advances from the Adani Group, which are interest-free, are expected to suffice working capital requirements. The bid pipeline stands at ₹6,600 crore, with expectations of ₹5,000 crore to ₹6,000 crore from group projects and ₹1,000 crore to ₹2,000 crore from external opportunities.

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.

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.