Investor Presentation

Ref No: PSPPROJECT/SE/40/26-27 November 02, 2026 Corporate Relations Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P.J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai- 400 001 Bandra (East), Mumbai – 400 051 Scrip code: 540544 Scrip Symbol: PSPPROJECT Dear Sir/Madam, Subject: Investor Presentation for the quarter and half year ended September 30, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Investor Presentation for the quarter and half year ended September 30, 2026. Kindly take the same on your record. Thanking You, Yours faithfully, For, PSP Projects Limited Pooja Dhruve Company Secretary and Compliance Officer Membership No.: A48396 Encl: As Above P S P P R O JE CTS LIMITE D Investor Presentation Q2 FY27 & H1FY27| 02 Nov 2026 Building the Nation, Built to Last NSE: PSPPROJECT · BSE: 540544 Table of Contents PSP Projects In a Nutshell The Quarter Gone By- Q2FY27 & H1FY27 Drivers that transcended PSPs growth since inception Engineering landmarks build across India - Project Profile Key Strategy to strengthen the legacy of trust associated with PSP Brand going forward Annexures Building a New India Every hospital, campus, riverfront, temple, smart-city tower and industrial plant build is a brick in the nation's progress. For 18 years, PSP has partnered India's growth story delivering landmark infrastructure with speed, quality and trust. PSP Projects In a Nutshell PS P PROJEC T S IN A N UT S H ELL A nation builder-One of India's prominent building-construction companies H1FY27 FY26 FY25 ▪ Building India since 2008, led by First Generation Civil engineer with 40+ years of experience ▪ India based construction company offering diversified range of construction ₹12,872 cr ₹13,447 cr ₹7,266 cr and allied services across industrial, institutional, government, government Order Book Order Book Order Book residential and residential projects ▪ Integrated EPC company across construction value chain from Design, Construction, Mechanical, Electrical, Plumbing (MEP), Interior, O&M Services ₹1,305 cr ₹10,925 cr ₹3,506 cr ▪ Construction presence in states of Gujarat, Rajasthan, Karnataka, Uttar Order Inflow Order Inflow Order Inflow Pradesh, Maharashtra and New Delhi ▪ Listed on NSE and BSE on May 29, 2017, raising ₹211.68 crore 279 256 235 ▪ In Dec.21, commissioned precast facility in Gujarat with the objective to provide sustainable building solutions & technological upgradation Completed Completed Completed Projects Projects Projects ▪ In Nov.24, company entered into an agreement with Adani Infra (India) Limited to acquire up to 30.07% stake from the existing promoters 105 94 58 Today, with the capability to execute large & complex projects, On-going On-going On-going PSP Projects meets the PQ criteria for high-value contracts; Projects Projects Projects competes alongside some of India's leading construction companies 5-year CAGR 20% 7% 2,383 ₹2,026 Cr 'CARE A+; Stable Growth Rate Revenue from Largest Project / CARE A1 EBITDA Workforce Operations till Date Credit Rating FY21-FY26 The Quarter Gone By Q2FY27 & H1FY27 Financial and Operational Highlights T H E QUART ER GON E BY - Q2 FY2 7 & H 1 FY2 7 Financial Performance during Q2FY27 Q2FY27 Consolidated Highlights Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) YoY 58% YoY 38% YoY 87% 1,113 35 1,200 80 7.1% 7.2% 3.5% 69 30 70 7.0% 30 3.0% 1,000 853 2.7% 55 2.3% 60 6.8% 25 50 2.1% 2.5% 800 703 50 6.6% 18 16 2.0% 600 40 6.4% 6.4% 15 1.5% 6.2% 30 6.2% 1.0% 20 6.0% 200 5 10 5.8% 0.5% - - 5.6% - 0.0% Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 Q2FY26 Q1FY27 Q2FY27 T H E QUART ER GON E BY - Q2 FY2 7 & H 1 FY2 7 Financial Performance during H1FY27 H1FY27 Consolidated Highlights Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) YoY 61% YoY 66% YoY 193% 2,500 140 124 7.2% 3.5% 1,967 120 7.0% 50 3.0% 2,000 6.8% 2.5% 100 40 2.5% 6.6% 1,500 1,221 80 6.3% 6.4% 2.0% 1.4% 6.1% 60 6.2% 1.5% 1,000 20 16 6.0% 40 1.0% 500 5.8% 10 20 0.5% 5.6% - - 5.4% - 0.0% H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 T H E QUART ER GON E BY - Q2 FY2 7 & H 1 FY2 7 Consolidated Profit & Loss : Q2FY27 & H1FY27 Particulars (₹ Lakhs) Q2FY27 Q2FY26 Y-o-Y Q1FY27 Q-o-Q H1FY27 H1FY26 Y-o-Y Revenue from Operations 1,11,323.66 70,286.55 58% 85,347.32 30% 1,96,670.98 1,22,062.80 61% Cost of materials consumed including WIP 34,575.56 32,333.42 29,634.49 64,210.05 51,398.15 Construction Expenses 63,158.84 28,446.00 43,399.36 1,06,558.20 53,659.02 Employee benefits expense 4,976.94 3,325.24 4,594.17 9,571.11 6,829.13 Other expenses 1,697.63 1,189.02 2,239.89 3,937.52 2,704.29 Total Operating Expenses 1,04,408.97 65,293.68 60% 79,867.91 31% 1,84,276.88 1,14,590.59 61% EBITDA 6,914.69 4,992.87 38% 5,479.41 26% 12,394.10 7,472.21 66% EBITDA Margin 6.21% 7.10% 6.42% 6.30% 6.12% Other Income 490.61 411.06 405.61 896.22 810.75 Finance costs 766.34 1,200.05 753.69 1,520.03 2,317.33 Depreciation 2,625.21 1,965.05 2,306.60 4,931.81 3,654.21 Profit Before Tax and Exceptional Item 4,013.75 2,238.83 79% 2,824.73 42% 6,838.48 2,311.42 196% Exceptional Gain/(Loss)(net of tax) - - - - - Profit Before Tax and after Exceptional Item 4,013.75 2,238.83 79% 2,824.73 42% 6,838.48 2,311.42 196% Tax Expense 989.44 622.45 990.77 1,980.21 652.31 Other comprehensive income (12.61) (5.59) -12.61 -25.22 -11.19 Share of profit / (loss) from Joint Venture (Net) (0.38) 0.14 0.31 -0.07 -0.25 Profit After Tax 3,011.32 1,610.93 87% 1,821.66 65% 4,832.98 1,647.67 193% PAT Margin (%) 2.69% 2.28% 2.12% 2.45% 1.34% Earnings Per Share (₹) 7.63 4.10 86% 4.63 65% 12.26 4.21 191% T H E QUART ER GON E BY - Q2 FY2 7 & H 1 FY2 7 Consolidated Balance Sheet Particulars (₹ Lakhs) H1FY27 FY26 FY25 Particulars (₹ Lakhs) H1FY27 FY26 FY25 ASSETS Equity Non current Assets (a) Equity Share Capital 3,964.18 3,964.18 3,964.18 (a) Property, Plant and Equipment 45,074.52 41,166.60 30,596.09 (b) Other Equity 1,27,263.98 1,22,431.01 1,16,929.85 (b) Capital Work-In-Progress 960.53 86.42 276.71 Total Equity 1,26,395.18 1,20,894.03 1,31,288.16 (c) Other Intangible Assets 138.72 141.35 136.64 Non-Current liabilities (d) Financial Assets (a) Financial Liabilities (i) Investments 65.68 65.68 66.68 (i) Borrowings 1,524.30 2,283.09 1,841.78 (ii) Loans - - - (b) Provisions 1,048.99 - 909.17 (iii) Other Financial Assets 19,327.80 21,050.12 22,517.40 Total Non-Current Liabilities 777.17 303.11 288.75 (e) Deferred Tax Asset (Net) 4,947.39 4,521.68 2,744.66 Current Liabilities 3,210.64 3,635.19 2,130.53 (f) Other Non Current Assets 4,779.73 1,746.42 1,034.59 (a) Financial Liabilities Total Non-Current Assets 75,294.37 68,778.27 57,372.77 Borrowings 25,211.53 29,439.46 25,311.23 Lease Liability 276.88 256.46 - Current Assets (ii) Trade Payables - Total outstanding dues of micro enterprises and (a) Inventories 41,653.76 34,761.07 32,394.01 2,198.45 4,846.94 1,996.54 small enterprises - Total outstanding dues of creditors other than (b) Financial Assets 47,749.63 41,672.57 39,794.14 micro enterprises and small enterprises (i) Trade receivables 80,969.06 92,821.87 52,983.29 (iii) Other Financial Liabilities 8,942.03 5,233.05 3,141.00 (ii) Cash and cash equivalents 7,239.86 26,016.81 7,972.30 (b) Other Current Liabilities 1,08,354.41 96,229.18 41,612.95 (iii) Bank Balances other than (ii) above 13,380.79 15,533.21 12,811.73 (c) Provisions 1,043.08 1,153.83 426.15 (iv) Loans 40.80 41.26 68.47 (d) Current Tax Liabilities (Net) 0.86 25.95 - (v) Other Financial Assets 80,613.09 47,765.62 57,173.73 Total Current Liabilities 1,93,776.89 1,78,857.44 1,12,282.01 (c) Other Current Assets 5,657.90 3,761.44 2,440.17 Total Liabilities 1,96,987.53 1,82,492.63 1,14,412.54 (d) Current Tax Assets (Net) 21,954.50 17,996.69 12,090.10 Total Current Assets 2,51,509.75 2,38,697.97 [Showing first 8,000 characters — download PDF for full document]