Q2 2026 PSP Projects Ltd Earnings Call Transcript
Key Points
- PSP Projects Ltd (BOM:540544) reported a 20% year-on-year revenue growth for Q2 FY26, with a quarter-on-quarter growth of 35%.
- The company achieved a significant milestone by setting a world record for a continuous concrete pour, highlighting its engineering excellence.
- The outstanding order book as of September 30, 2025, stood at INR 9,883 crore, reflecting a 51% year-on-year growth.
- The company successfully completed five projects during the quarter, showcasing its strong project execution capabilities.
- PSP Projects Ltd (BOM:540544) has a strong pipeline with an expected order inflow of INR 11,000 crore for FY26, indicating robust future growth prospects.
- The company's working capital cycle increased to 102 days from 65 days last year, indicating potential liquidity challenges.
- Margins have not shown significant improvement, with EBITDA margins at 6.93% compared to 6.72% in the previous year.
- The company faces challenges with delayed projects due to monsoon impacts and labor shortages, affecting project timelines.
- There is an increase in other expenses due to ECL provisions, which could impact profitability.
- Pending receivables, particularly from the SDB project, remain a concern, affecting cash flow.
Ladies and gentlemen, good day and welcome to PSP Project Q2 FY26 earnings call.
As a reminder, all participant lines will be in listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.
Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchtone phone. Please note that this conference is being recorded.
I now hand the contents over to Mr. Krishna Patel from EYT.
Thank you and over to you, sir.
Thank you, Shani, and good evening, Evan. Welcome you all to PSP Project Limited Q2 F 526 earnings conference call. To take us through the results and to answer your questions, we have with us the management of PSP projects presented by Mr. Pralahai Patel, Chairman and MD Ms. Pooja Patel, the Chief Executive Officer. And Patel, the Chief Financial Officer, please note that the discussions that we may have today may contain certain forward-looking statements relating to the future events and future
| 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
