PSP Projects (NSE:PSPPROJECT) EBIT: ₹1,197 Mil (TTM As of Mar. 2026)


NSE:PSPPROJECT PSP Projects Ltd NSE:PSPPROJECT
81 GF Score
Price ₹988.30
GF Value ₹913.41
Valuation Fairly Valued
! 6 Warning Signs
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What is PSP Projects EBIT?

PSP Projects NSE:PSPPROJECT -1.10% 81 EBIT is ₹1,197 Mil as of Mar. 2026. GuruFocus rates NSE:PSPPROJECT with a GF Score™ of 81/100 and a GF Value™ of ₹913.41 (Fairly Valued). The stock has 6 warning signs investors should review.

PSP Projects's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹387 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,197 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PSP Projects's annualized ROC % for the quarter that ended in Mar. 2026 was 4.93%. PSP Projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PSP Projects's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.13%.


PSP Projects  (NSE:PSPPROJECT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PSP Projects's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1337.064 * ( 1 - 23.03% )/( (0 + 20875.807)/ 1 )
=1029.1381608/20875.807
=4.93 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=30888.782 - 5853.803 - ( 4159.172 - max(0, 17885.744 - 24010.955+4159.172))
=20875.807

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

PSP Projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1548/( ( (0 + max(0, 0)) + (4125.3 + max(753.31900000001, 0)) )/ 1 )
=1548/( ( 0 + 4878.619 )/ 1 )
=1548/4878.619
=31.73 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9876.194 + 3476.107 + 2317.17) - (5853.803 + 0 + 9062.349)
=753.31900000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

PSP Projects's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1197.396/38305.753
=3.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PSP Projects EBIT Related Terms


PSP Projects EBIT Historical Data

* Premium members only.

The historical data trend for PSP Projects's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PSP Projects EBIT Chart

PSP Projects Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,396.90 2,083.23 2,091.89 1,141.27 1,105.26

PSP Projects Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 182.84 118.99 343.89 347.52 387.00

NSE:PSPPROJECT vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, PSP Projects's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PSP Projects EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, PSP Projects's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PSP Projects's EV-to-EBIT falls into.


NSE:PSPPROJECT
81GF Score
PSP Projects Ltd NSE:PSPPROJECT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PSP Projects EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,197 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹1,197 Mil mean?
PSP Projects (NSE:PSPPROJECT) has a EBIT of ₹1,197 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PSP Projects.
Is PSP Projects' EBIT too high?
PSP Projects' current EBIT is ₹1,197 Mil. Overall, PSP Projects has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PSP Projects' EBIT compare to PWR and FIX?
PSP Projects' EBIT of ₹1,197 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PSP Projects. PSP Projects's current EBIT is ₹1,197 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Projects stock overvalued right now?
Based on GuruFocus' analysis, PSP Projects (NSE:PSPPROJECT) is currently considered Fairly Valued. The stock's GF Value™ is ₹913.41, compared to a current price of ₹988.30 — trading 8.2% above its estimated fair value. The current EBIT is ₹1,197 Mil. PSP Projects' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For PSP Projects (NSE:PSPPROJECT), the current EBIT is ₹1,197 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PSP Projects (NSE:PSPPROJECT) Overvalued in 2026?

Based on GuruFocus' analysis, PSP Projects stock appears to be overvalued. The current stock price of ₹988.30 is trading 8.2% above its estimated GF Value™ of ₹913.41. GuruFocus considers PSP Projects to be Fairly Valued.

Key valuation signals for NSE:PSPPROJECT:

  • EBIT: ₹1,197 Mil
  • GF Value™: ₹913.41 vs. price of ₹988.30 (8.2% above fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the NSE:PSPPROJECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PSP Projects Business Description

Other Exchanges 540544:India
Address Iscon - Ambli Road, PSP House, Opposite Celesta Courtyard, Opposite Lane of Vikram Nagar Colony, Ahmedabad, GJ, IND, 380058
PSP Projects Ltd is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India. The company operates in a single segment, namely construction project activities. The company provides services across the construction value chain, ranging from planning and design to construction and post-construction activities. Geographically, it derives revenue from India.
81GF Score

Get the complete analysis for NSE:PSPPROJECT

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹988.30
Price
₹913.41
GF Value