Q4 2024 PSP Projects Ltd Earnings Call Transcript
Key Points
- PSP Projects Ltd (BOM:540544) achieved its highest ever outstanding order book of INR6,029 crores, marking a 20% year-on-year growth.
- The company received its highest ever order inflow of INR3,498 crores, excluding GST, surpassing its guidance.
- PSP Projects Ltd successfully raised INR244 crores through a qualified institutional placement, showing strong investor confidence.
- The company completed 17 projects during the year, including significant ones like the Reliance Corporate Office and Adani International School.
- PSP Projects Ltd reported its highest ever revenue of INR2,262 crores for FY24, reflecting a 28% year-on-year growth.
- Revenue from operations for Q4 FY24 decreased by 11% year-on-year to INR649 crores.
- EBITDA for Q4 FY24 fell by 33% year-on-year to INR52 crores, with EBITDA margin dropping to 7.98% from 10.67%.
- Net profit for Q4 FY24 declined by 67% year-on-year to INR15 crores, with PAT margin reducing to 2.3% from 6.3%.
- The company faced increased finance costs and depreciation, impacting profitability.
- PSP Projects Ltd experienced delays and additional costs in its UP projects, affecting overall margins.
Ladies and gentlemen, good day and welcome to the PSP Projects Limited conference call hosted by SMIFS Limited. (Operator Instructions)
Please note that this conference is being recorded. I now hand the conference over to Mr. Lokesh Kashikar. Thank you, and over to you, sir.
Thank you, Manoj. Good evening, ladies and gentlemen. On behalf of SMIFS Limited, I'm pleased to welcome you all on the PSP Projects Q4 FY24 and FY24 earnings conference call.
From the management side, we have Mr. P. S. Patel, Chairman, Managing Director and CEO; and Ms. Hetal Patel, CFO of the company.
I will now hand over the floor to Mr. Kenan Patel, Company Secretary, for a disclaimer and then the management will have the opening remarks. This will be followed by an interactive Q&A.
Thank you, and over to you, sir.
Thank you, Lokesh. Good evening, everyone. I am pleased to welcome you all to PSP
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
