What we do PSP Projects Ltd is a multidisciplinary Indian construction company engaged in industrial, institutional, government, and residential projects, offering end-to-end construction services including design, execution, and post-construction. |
Founded in 2,008 |
Market share Recognized as a rapidly growing construction firm with a ₹9,178 crore order book and strong market presence in Gujarat, Karnataka, Rajasthan, and Uttar Pradesh. |
Problem solved Solves infrastructure needs by delivering large-scale, timely, and quality construction projects across sectors with integrated EPC capabilities and emerging precast technology. |
Top clients or who we serve Serves government bodies, PSUs, private industrial, institutional, and residential clients including Adani Group, Zydus Cadila, Torrent Group, and others; B2B focused. |
Key management Prahaladbhai S. Patel (Chairman & MD) with 39 years of industry experience leads the company; CEO is Pooja Patel. |
Our journey and innovations Founded in 2008; listed in 2017; expanded via acquisitions and partnerships; launched precast manufacturing in 2021; recent major projects include Surat Diamond Bourse and UP medical colleges. |
Where we operate Operations primarily in Gujarat, Rajasthan, Karnataka, Uttar Pradesh, Maharashtra, and Delhi. |
Top products or what we offer Provides building construction services including industrial plants, hospitals, educational institutes, smart city infrastructure, and residential complexes. |
Top brands - |
Raw materials needed Cement, steel, concrete, precast elements along with building materials required for commercial and infrastructure projects. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely project-based and cyclical aligned with the construction project cycle, supplemented by ongoing maintenance contracts. |
Our industry position Among fastest growing mid-sized construction firms with a strong order book and prestigious projects, rated CARE A+ with stable outlook. |
Financial highlights FY24 revenue ₹2,468 crore; PAT ₹56 crore; Order book ₹9,178 crore with 26% CAGR in revenue since FY17. |
Geographical revenue split Majority of revenue from Gujarat (~91%), followed by Karnataka, Uttar Pradesh, and Rajasthan. |
Order book ₹9,178 crore as of December 2025, comprising government (27%), institutional, industrial, residential projects spread across key Indian states. |
Whats driving growth Order inflows from government and large private projects, strategic Adani partnership, precast technology adoption, and geographic expansion. |
Our future plans Focus on expanding precast facility, tapping Adani Group projects, growing order book, enhancing project execution, and entering new states. |
Our green promise Committed to sustainable construction practices, ISO certified for environment and safety standards, promoting precast for waste reduction. |
Our people and values Workforce over 1,950 employees; emphasis on safety, quality, ethics, and inclusive workplace culture. |
Key challenges ahead Managing project execution risks, cyclical industry demand, labor availability, and maintaining margins amid competition. |
Interesting facts Constructed world’s largest office building Surat Diamond Bourse and one of the first stadiums for Commonwealth Games 2023 in India. |
Risks and strategy Risk management framework includes financial prudence, operational efficiency, and strategic alliances to mitigate market and execution uncertainties. |
