PSP ProjectsNSE:PSPPROJECT -1.10%81 Pretax Margin % is 2.47% as of Mar. 2026, which is 77% below its 10-year median of 10.56. 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. Among 1,758 Construction companies, PSP Projects ranks worse than 66.15% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PSP Projects's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹275 Mil. PSP Projects's Revenue for the
three
months ended in Mar. 2026 was ₹11,152 Mil. Therefore, PSP Projects's pretax margin for the quarter that ended in Mar. 2026 was 2.47%.
The historical rank and industry rank for PSP Projects's Pretax Margin % or its related term are showing as below:
NSE:PSPPROJECT'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.37 Med: 10.56 Max: 14.54
Current: 2.37
NSE:PSPPROJECT's Pretax Margin % is ranked worse than 66.15% of 1758
companies
in the Construction industry
Industry Median: 5.515
vs NSE:PSPPROJECT: 2.37
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
PSP Projects Pretax Margin % Related Terms
PSP Projects Pretax Margin % Historical Data
* Premium members only.
The historical data trend for PSP Projects's Pretax 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: Pretax Margin % Comparison
For the Engineering & Construction subindustry, PSP Projects's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, PSP Projects's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PSP Projects's Pretax 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 Pretax Margin % of 2.47% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PSP Projects and its competitors. This is 77% below median its historical median of 10.56. Over the past decade, PSP Projects' Pretax Margin % has ranged from 2.37 to 14.54. According to the industry distribution chart, PSP Projects ranks #1163 out of 1758 companies in the Construction industry, placing it in the top 66.2%.
Is PSP Projects' Pretax Margin % too high?
PSP Projects' current Pretax Margin % of 2.47% is 77% below median its 10-year median of 10.56. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 14.54. The Construction industry median Pretax Margin % is 5.52. PSP Projects' value of 2.47% is 55.2% below this industry median. Based on the distribution chart, PSP Projects ranks #1163 out of 1758 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' Pretax Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, PSP Projects ranks #1163 out of 1758 companies for Pretax Margin %. This places PSP Projects in the lower half of its industry. The industry median Pretax Margin % is 5.52. PSP Projects' value of 2.47% is 55.2% below this benchmark. Historically, PSP Projects' own Pretax Margin % has ranged from 2.37 to 14.54 over the past decade. While the company's 10-year median is 10.56 vs. the industry median of 5.52, 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 Pretax Margin % for a Construction company?
The median Pretax Margin % among Construction companies is 5.52, based on 1,758 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PSP Projects's current Pretax Margin % of 2.47% is 55.2% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PSP Projects and its competitors. For the Construction industry, the median Pretax Margin % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSP Projects's current Pretax Margin % is 2.47%, which is 77% below median its own 10-year median of 10.56. 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 Pretax Margin % is 2.47%, which is 77% below median its 10-year median of 10.56 and 55.2% below the Construction industry median of 5.52. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For PSP Projects (NSE:PSPPROJECT), the current Pretax Margin % is 2.47% 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:
Pretax Margin %: 2.47% (77% below median its 10-year median of 10.56)
GF Value™: ₹913.41 vs. price of ₹988.30 (8.2% above fair value)
Industry Position: 55.2% below the Construction median (#1163 of 1758)
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
Get the complete analysis for NSE:PSPPROJECT
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:PSPPROJECT has been successfully added to your 
