PSP Projects Limited — Investor Meet, 30-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

PSP Projects has announced a board meeting on the financial results for the quarter and half-year. Q4FY25 revenue was stable at Rs.655 crore (+1% YoY), but EBITDA fell 41% to Rs.30 crore (margin 4.65%) and PAT dropped 68% to Rs.4.8 crore. FY25 revenue was flat at Rs.2,468 crore, impacted by delayed projects worth Rs.300+ crore. EBITDA was Rs.178 crore, with adjusted margins around 9.7%. Order book climbed 20% YoY to Rs.7,266 crore, with 25% from Adani. Management expects FY26 revenue above Rs.3,000 crore and margins near 8-9%, with strong order inflows largely from Adani projects. Investor sentiment is cautiously optimistic on execution and growth.