PSP Projects Q3 Review - Order Inflows, Pick Up In Execution A Key: Dolat  Capital
A crane operates at a construction site. (Photographer Brendon O’Hagan/Bloomberg)

PSP Projects Q3 Review - Order Inflows, Pick Up In Execution A Key: Dolat  Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

PSP Projects Ltd. reported results in line with estimates. The company posted 7.8%/ 13.2%/ 16.6% YoY de-growth in revenue/ Ebitda/ adjusted profit after tax to Rs 3.9 billion/ Rs 469 million/ Rs 307 million in Q3 FY21.

SBD revenue - Rs 1.35 billion versus Rs 1.9 billion (Q3 FY20). We broadly maintain our FY21E/ FY22E/ FY23E estimates.

Labour strength is back at pre Covid-19 levels of 100% which stood at 95% in (Q2 FY21) versus 75-80% (Q1 FY21) versus 20-25% in April 2020.

Click on the attachment to read the full report:

Dolat Capital PSP Projects Q3FY21 Result Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.