PSP ProjectsNSE:PSPPROJECT -1.10%81 Net Margin % is 1.89% as of Mar. 2026, which is 75% below its 10-year median of 7.70. GuruFocus rates NSE:PSPPROJECT with a GF Score™ of 81/100 and a GF Value™ of ₹905.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,766 Construction companies, PSP Projects ranks worse than 64.72% on this metric.
Net margin is calculated as Net Income divided by its Revenue. PSP Projects's Net Income for the
three
months ended in Mar. 2026 was ₹211 Mil. PSP Projects's Revenue for the
three
months ended in Mar. 2026 was ₹11,152 Mil. Therefore, PSP Projects's net margin for the quarter that ended in Mar. 2026 was 1.89%.
The historical rank and industry rank for PSP Projects's Net Margin % or its related term are showing as below:
NSE:PSPPROJECT'
s Net Margin % Range Over the Past 10 Years
Min: 1.76 Med: 7.7 Max: 9.6
Current: 1.76
NSE:PSPPROJECT's Net Margin % is ranked worse than 64.72% of 1766
companies
in the Construction industry
Industry Median: 3.92
vs NSE:PSPPROJECT: 1.76
PSP Projects (NSE:PSPPROJECT) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
PSP Projects Net Margin % Related Terms
PSP Projects Net Margin % Historical Data
* Premium members only.
The historical data trend for PSP Projects's Net Margin % 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.
NSE:PSPPROJECT vs PWR, FIX, EME: Net Margin % Comparison
For the Engineering & Construction subindustry, PSP Projects's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, PSP Projects's Net Margin % distribution charts can be found below:
* The bar in red indicates where PSP Projects's Net Margin % falls into.
* 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 (NSE:PSPPROJECT) has a Net Margin % of 1.89% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on PSP Projects and its competitors. This is 75% below median its historical median of 7.70. Over the past decade, PSP Projects' Net Margin % has ranged from 1.76 to 9.60. According to the industry distribution chart, PSP Projects ranks #1143 out of 1766 companies in the Construction industry, placing it in the top 64.7%.
Is PSP Projects' Net Margin % too high?
PSP Projects' current Net Margin % of 1.89% is 75% below median its 10-year median of 7.70. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 9.60. The Construction industry median Net Margin % is 3.92. PSP Projects' value of 1.89% is 51.8% below this industry median. Based on the distribution chart, PSP Projects ranks #1143 out of 1766 companies in the Construction industry, which is below the industry midpoint. 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' Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, PSP Projects ranks #1143 out of 1766 companies for Net Margin %. This places PSP Projects in the lower half of its industry. The industry median Net Margin % is 3.92. PSP Projects' value of 1.89% is 51.8% below this benchmark. Historically, PSP Projects' own Net Margin % has ranged from 1.76 to 9.60 over the past decade. While the company's 10-year median is 7.70 vs. the industry median of 3.92, PSP Projects has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PSP Projects's current Net Margin % of 1.89% is 51.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on PSP Projects and its competitors. For the Construction industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSP Projects's current Net Margin % is 1.89%, which is 75% below median its own 10-year median of 7.70. 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 ₹905.87, compared to a current price of ₹988.30 — trading 9.1% above its estimated fair value. The current Net Margin % is 1.89%, which is 75% below median its 10-year median of 7.70 and 51.8% below the Construction industry median of 3.92. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For PSP Projects (NSE:PSPPROJECT), the current Net Margin % is 1.89% 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 9.1% above its estimated GF Value™ of ₹905.87.
GuruFocus considers PSP Projects to be Fairly Valued.
Key valuation signals for NSE:PSPPROJECT:
Net Margin %: 1.89% (75% below median its 10-year median of 7.70)
GF Value™: ₹905.87 vs. price of ₹988.30 (9.1% above fair value)
Industry Position: 51.8% below the Construction median (#1143 of 1766)
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 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
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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