PSP PROJECTS Announces Quarterly Results (4QFY20); Net Profit Up 13.7%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

PSP PROJECTS Announces Quarterly Results (4QFY20); Net Profit Up 13.7%
Fri, 12 Jun

PSP PROJECTS has announced its results for the quarter ended March 2020. Here is a detailed performance review of the same:

PSP PROJECTS Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-19*
3
Dec-19*
3
Mar-20*
QoQ ChangeYoY Change
Net SalesRs m3,3834,2314,5647.9%34.9%
Other incomeRs m66587428.4%11.7%
TurnoverRs m3,4494,2884,6388.2%34.5%
ExpensesRs m2,8843,6904,05910.0%40.7%
Gross profitRs m499541505-6.6%1.3%
DepreciationRs m7470769.0%2.6%
InterestRs m3240423.1%31.2%
Profit before taxRs m459488461-5.5%0.5%
TaxRs m158121119-1.6%-24.7%
Profit after taxRs m301367343-6.8%13.7%
Gross profit margin%14.712.811.1
Effective tax rate%34.424.725.7
Net profit margin%8.78.67.4
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 34.9% on a year-on-year (YoY) basis. The expenses were up by 40.7% YoY during the same period.
  • The company's operating profit increased by 1.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.1% in 4QFY20 as against 14.7% in 4QFY19.
  • Depreciation charges increased by 2.6% and finance costs increased by 31.2% YoY, respectively.
  • Other income increased by 11.7% YoY during the quarter.
  • Net profit for the quarter increased by 13.7% YoY. Net profit margins during the quarter declined from 8.7% in 4QFY19 to 7.4% in 4QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 7.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 10.0% QoQ during the same period.
  • The company's operating profit declined by 6.6% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.1% in 4QFY20 as against 12.8% in 3QFY19.
  • Net profit for the quarter declined by 6.8% QoQ, while net profit margins declined from 8.6% in 3QFY19 to 7.4% in 4QFY20.

To see how PSP PROJECTS has performed over the last eight quarters,please visit here.

Free Signup: The Smallcap Fortunes Summit

PSP PROJECTS Share Price Performance

Over the last one year,PSP PROJECTS share price has moved down from Rs 523.4 to Rs 374.0, registering a Loss of Rs 149.4 or around 28.5%.

Meanwhile, the S&P BSE REALTY Index is trading at Rs 1,517.5 (down 3.1%). Over the last one year it has moved down from 2,124.8 to 1,517.5, a loss of 607 points (down 28.6%).

Overall, the S&P BSE SENSEX is down 18.3% over the year.

Current Valuations

At the current price of Rs 374.0, the price to earnings (P/E) ratio of PSP PROJECTS stands at 10.4 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.6 times.

Equitymaster requests your view! Post a comment on "PSP PROJECTS Announces Quarterly Results (4QFY20); Net Profit Up 13.7%". Click here!

  

Related Views on News

PSP PROJECTS Announces Quarterly Results (1QFY21); Net Profit Down 108.7% (Quarterly Result Update)

Aug 10, 2020 | Updated on Aug 10, 2020

For the quarter ended June 2020, PSP PROJECTS has posted a net profit of Rs 22 m (down 108.7% YoY). Sales on the other hand came in at Rs 1 bn (down 65.2% YoY). Read on for a complete analysis of PSP PROJECTS's quarterly results.

Mindspace Business Parks REIT IPO - Should You Apply? (IPO)

Jul 27, 2020

Should you apply for the IPO of Mindspace Business Parks REIT?

PSP PROJECTS Announces Quarterly Results (3QFY20); Net Profit Up 71.2% (Quarterly Result Update)

Feb 10, 2020 | Updated on Feb 10, 2020

For the quarter ended December 2019, PSP PROJECTS has posted a net profit of Rs 367 m (up 71.2% YoY). Sales on the other hand came in at Rs 4 bn (up 62.0% YoY). Read on for a complete analysis of PSP PROJECTS's quarterly results.

More Views on News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

I Believe the Investment of the Year Will Be...

Feb 19, 2021

In this episode, ace trader Brijesh Bhatia talks to us about the best investments of 2021, his profitable trading system, and much more.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

PSP PROJECTS SHARE PRICE


Mar 2, 2021 (Close)

TRACK PSP PROJECTS

  • Track your investment in PSP PROJECTS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

PSP PROJECTS - BSEL INFRASTRUCTURE COMPARISON

COMPARE PSP PROJECTS WITH

MARKET STATS