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Ref No: PSPPROJECT/41/24-25

Corporate Relations Department BSE Limited Floor 25, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip code: 540544

August 02, 2024

Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Scrip Symbol: PSPPROJECT

Dear Sir/Madam,

Subject: Revised Investor Presentation for the quarter ended June 30, 2024

With reference to our earlier announcement bearing ref. no. PSPPROJECT/40/24-25 dated August 2, 2024 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the revised Investor Presentation for the quarter and year ended June 30, 2024.

Please note that the revised Investor Presentation is being uploaded due to typographical error in our earlier submission.

Kindly take the same on your record.

Thanking You,

Yours faithfully,

For PSP Projects Limited

PATEL Digitally signed KENAN by PATEL KENAN SURESHBHAI SURESHBHA Date: 2024.08.02 I 15:33:23 +05'30'

Kenan Patel Company Secretary and Compliance officer

Encl: As Above

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PSP Projects: The growth story In a Nutshell A look at the quarter gone by Indian Construction Industry

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The drivers that transcended PSPs growth since inception Precast Facility: Enhancing capabilities. Exploring newer technologies

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Investment Rationale

Project Profile

Key Strategy to strengthen the legacy of trust associated with PSP Brand going forward

Awards and Recognition Shareholding and Governance

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PSP Projects limited – Build to Last: The growth story in a Nutshell

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Incorporated in 2008, successfully led by First Generation Civil engineer having 37 years of experience As on 30 June 2024 FY24 FY23
▪ India based construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects ₹5,890 crore ₹3,498 crore ₹3,421 crore
▪ Integrated EPC company across construction value chain from Design, Order Book Order Inflow Order Inflow Construction, Mechanical, Electrical, Plumbing (MEP), Interior, O&M Services
▪ Geographically diversified with presence in six states viz. Gujarat, Rajasthan, Karnataka, Uttar Pradesh, Maharashtra and New Delhi 224 17 22
▪ Listed on NSE and BSE on May 29, 2017, raising Rs.211.68 crore Completed Completed Completed Projects Projects Projects
▪ In December 2021, commissioned Precast facility in Gujarat with the objective to provide sustainable building solutions and technological upgradation aiding in captive consumption
▪ 56 In April 2024, the company raised capital through Qualified Institutional Placement of 36,41,791 shares amounting to ₹244 crore; utilized largely On-going Projects towards repayment of outstanding borrowings availed by the Company

7-year CAGR 29.61% ₹1,960cr 'CARE A+; Stable Growth Rate 21.76% 16.93% 1,950+ Revenue from Largest Project / CARE A1+ EBITDA PAT Workforce FY17-FY24 till Date Credit Rating Operations

PSP Projects has entered the league of handling higher value projects thereby competing with select few notable companies in the segment

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A Look at the Quarter gone by

Financial Performance during Q1FY25

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Q1FY25 Standalone Highlights

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Revenue from Operations (₹ crore)
YoY Growth 20%
510 649 612
Q1FY24 Q4FY24 Q1FY25
FY24 Standalone Highlights
Revenue from Operations (₹ crore)
YoY Growth 28%
1,927 2,462
FY23 FY24
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EBIDTA (₹ crore) & EBITDA Margin (%)

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YoY Growth 14%
80 15%
70 13% 12% 13%
60 8% 11%
50 9%
40 7%
30 5%
20 3%
10 65 52 73 1%
- -1%
Q1FY24 Q4FY24 Q1FY25
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EBIDTA (₹ crore) & EBITDA Margin (%)

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Y0Y Growth 16%
270 12% 11% 14%
260 12%
250 10%
240 8%
230 6%
220 210 225 262 4%2%
200 0%
FY23 FY24
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PAT (₹ crore) & PAT Margin (%)

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YoY de-Growth -7%
40 7% 8%
6%
2%
20 3%
37 15 34
- -2%
Q1FY24 Q4FY24 Q1FY25
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PAT (₹ crore) & PAT Margin (%)

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Y0Y de-Growth -7%
140 7% 8%
5%
130
3%
120
133 124
110 -2%
FY23 FY24
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Standalone Profit & Loss : Q1FY25

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Particulars(₹ Lakhs)	Q1 FY25 Q1 FY24 Y-o-Y Q4 FY24 Q-o-Q FY24 FY23 Y-o-Y
Revenue from Operations	61,189.20 50,956.03 20% 64,917.00 -6% 2,46,249.80 1,92,664.91 28%
Cost of materials consumed including WIP	19,236.91 19,306.45 15,753.73 76,642.31 57,734.61
Construction Expenses	30,363.86 21,538.97 38,565.40 1,26,677.43 1,00,470.38
Employee benefits expense	3,261.79 2,818.75 3,354.98 12,505.08 9,345.15
Other expenses	982.72 827.23 2,060.82 4,261.14 2,613.56
Total Operating Expenses	53,845.28 44,491.40 21% 59,734.93 -10% 2,20,085.96 1,70,163.70 29%
EBITDA	7,343.92 6,464.63 14% 5,182.07 42% 26,163.84 22,501.21 16%
EBITDA Margin	12.00% 12.69% 7.98% 10.62% 11.68%
Other Income	376.30 570.45 598.70 2,426.48 2,709.56
Finance costs	1,316.67 908.42 1,402.01 5,082.32 3,195.94
Depreciation	1,673.85 1,184.67 1,993.68 6,486.80 4,000.52
Profit Before Tax and Exceptional Item	4,729.70 4,941.99 -4% 2,385.08 98% 17,021.20 18,014.31 -6%
Exceptional Gain/(Loss)(net of tax)	- - - - -
Profit Before Tax and after Exceptional Item	4,729.70 4,941.99 -4% 2,385.08 98% 17,021.20 18,014.31 -6%
Tax Expense	1,301.68 1,269.68 859.94 4,631.29 4,712.49
Other comprehensive income	-2.38 2.30 -16.43 (9.53) 9.20
*Profit After Tax*	3,425.64 3,674.61 -7% 1,508.71 127% 12,380.38 13,311.02 -7%
PAT Margin (%)	5.56% 7.13% 2.30% 4.98% 6.81%
Earnings Per Share (₹)	8.70 10.20 4.24 34.42 36.95

Standalone Balance Sheet : FY24

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Particulars(₹ Lakhs)	FY24	FY23	FY22	Particulars(₹ Lakhs)	FY24	FY23	FY22
ASSETS				Equity
Non current Assets				(a)EquityShare Capital	3,600.00	3,600.00	3,600.00
(a) Property, Plant and Equipment	32,075.21	23,840.57	20,601.82	(b) Other Equity	87,862.92	76,382.54	64,871.52
(b) Capital Work-In-Progress	288.08	1,773.50		Total Equity	91,462.92	79,982.54	68,471.52
			-
(c)Other Intangible Assets	107.90	118.87	135.31	Non-Current liabilities
(d) Financial Assets				(a) Financial Liabilities
(i)Investments	71.68	71.68	71.68	(i) Borrowings	4,169.92	3,805.81	1,718.07
(ii) Loans	-	-	-	(b) Provisions	266.43	213.79	151.87
(iii)Other Financial Assets	15,548.75	20,505.71	22,785.47	Total Non-Current Liabilities	4,436.35	4,019.60	1,869.94
(e)Deferred Tax Asset(Net)	1,831.43	1,216.36	937.57	Current Liabilities
(f)Other Non Current Assets	682.72	724.22	191.63	(a)Financial Liabilities
Total Non-Current Assets	50,605.77	48,250.91	44,723.48	Borrowings	41,339.09	10,692.32	8,247.62
Current Assets				(ii)Trade Payables
(a) Inventories	31,602.59	15,163.55	8,064.91	- Total outstanding dues of micro enterprises and small enterprises	1,791.56	2,342.74	1,284.41

(b) Financial Assets				- Total outstanding dues of creditors other than micro enterprises and small enterprises	39,792.89	34,414.49	24,476.48
(i)Trade receivables	33,509.62	43,420.92	31,177.92	(iii)Other Financial Liabilities	2,439.07	5,970.18	3,600.55
(ii)Cash and cash equivalents	11,113,88	9,384.51	8,758.63	(b)Other Current Liabilities	20,668.30	38,071.24	18,689.78
(iii)Bank Balances other than(ii)above	11,399,23	14,824.89	10,759.46	(c)Provisions	314.15	128.63	19.59
(iv)Loans	349.15	435.22	593.25	(d)Current Tax Liabilities(Net)	-	-	0.73
(v)Other Financial Assets	50,914.67	29,661.48	13,339.23	Total Current Liabilities	1,06,345.06	91,619.60	56,319.16
(c)Other Current Assets	12,625,42	13,800.22	9,243.74	Total Liabilities	1,10,781.41	95,639.20	58,189.10
(d)Current Tax Assets(Net)	124.00	680.04	-
Total Current Assets	1,51,638.56	1,27,370.83	81,937.14	Total Equity and Liabilities	2,02,244.33	1,75,621.74	1,26,660.62
Total Assets	2,02,244.33	1,75,621.74	1,26,660.62

Annual Financial Performance

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Revenue from Operations (₹ Crore) EBITDA (₹ Crore) PAT (₹ Crore)
#CAGR : 30% #CAGR : 22% #CAGR : 17%
161
2,462 257 262
225 133
129
124
1,927 191
1,749
1,499 149 90
135 81
1,241
1,044
FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY24
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7-year CAGR FY17 : FY24 Numbers have been rounded off

Business Robustness in Numbers

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EBITDA / Revenue from Operations Profit After Tax / Total Revenue
EBITDA Margin% PAT Margin%
14.7%
14.3%
12.7%
11.7%
10.9%
10.6%
9.1%
8.5% 8.5%
6.8%
6.4%
5.0%
FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY24
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Prudent Working Capital Cycle in Construction Space

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Despite the business being WC intensive, PSP Projects has industry’s best working capital cycle of 35 days.

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82
76
70
65 65
62
55 55 53 54
50 50
47
41
29 35
26 26
24 28
26
21 17
15
FY19 FY20 FY21 FY22 FY23 FY24
Inventory (Days) Receivable (Days) Payable (Days) Working Capital Cycle (Days)
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Numbers have been rounded off

Along with comfortable Leverage Position

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Comfortable leverage at 0.50 times (FY24), providing adequate room to raise debt in future.

	FY20	FY21	FY22	FY23	FY24
Total Debt (₹ crore)	75	81	100	145	455
Networth (₹ crore)	457	538	685	800	915
Debt-Equity (x)	0.16	0.15	0.15	0.18	0.50

Particulars (₹ Crore)	Particulars (₹ Crore)	FY20	FY21	FY22	FY23	FY24
Total Debt		74.85	80.96	99.66	144.98	455.09
Cash and Bank Balance		41.21	115.33	87.59	93.85	111.14
Fixed Deposit		209.36	141.17	249.87	246.48	154.99
Total Cash and Bank Balance		250.57	256.50	337.46	340.33	266.12
Net Debt		-175.73	-175.54	-237.80	-195.35	188.97
	Numbers have been rounded off

Numbers have been rounded off

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Indian Construction Industry

An Important growth driver of India’s Economy

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27.2%

Industrial Construction sector contribute to total construction industry as of FY23.

10.4% CAGR Growth

In industrial Construction sector from FY18 to FY23

4.4% CAGR Growth

Expected In industrial construction sector from FY23 to FY28

$5tn Economy

GoI’s intent of

becoming a $5tn economy it plans to achieve through infrastructure development due to the high multiplier effect

Growth Drivers

Government Initiatives

The 2023-24 budget by the government highlights the impetus for growth by focusing on big public investment for modern infrastructure, which will be guided by PM Gati Shakti and benefit from the synergy of a multi-modal approach.
Government Policies and Initiatives: Government policies and initiatives play a pivotal role in driving industrial construction growth. Programs like "Make in India" and infrastructure development projects create a conducive environment for industrial expansion, attracting investments and fostering the development of industrial infrastructure.
The government has also announced plans for the National Monetization Pipeline (NMP) and Development Finance Institution (DFI) to improve the financing of infrastructure projects.
Urbanization and Industrialization: India's rapid urbanization and industrialization are significant drivers of industrial construction. As more people move to urban areas and industries expand, there's an increasing demand for industrial facilities such as factories, warehouses, and manufacturing plants.
The government has helped the growth of urbanization through a number of schemes and projects, including the Smart Cities Mission, the Atal Mission for Rejuvenation and Urban Transformation (AMRUT), and the Pradhan Mantri Awas Yojana (Urban).
Foreign Direct Investment (FDI): Foreign direct investment plays a crucial role in industrial construction by bringing in capital, technology, and expertise. India's favorable investment climate and growing economy attract foreign investors looking to establish or expand their industrial presence in the country.

Indian Construction Sector Market Size from FY18-FY23 (Rs. Bn)

Technological Advancements: The adoption of advanced construction technologies and practices enhances productivity and quality in industrial construction. Technologies such as Building Information Modelling (BIM), prefabrication, and modular construction improve efficiency and reduce project timelines.

3,922 construction. Technologies such as Building Information Modelling (BIM), prefabrication, and modular construction improve efficiency and reduce project 3,288 timelines. 2,709 2,632 2,375 2,484 ▪ Sustainability and Environmental Regulations: Growing awareness of environmental issues and regulations push industries to adopt sustainable practices. Green building initiatives and eco-friendly construction methods are increasingly being incorporated into industrial construction projects. ▪ Demographic Trends: Population growth, rising incomes, and changing lifestyles influence industrial demand. Industries catering to sectors like consumer goods, retail, and automotive drive the need for industrial infrastructure. FY18 FY19 FY20 FY21 FY22 FY23

We believe that owing to healthy balance sheets, access to capital and many unlisted/weaker players being shunted out of the market, the market share of large organized players is set to grow further in the next 2-3 years

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Drivers that transcended PSPs growth since inception

Hybrid Approach with presence in Private and Public projects

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Industrial Institutional Government
Projects Projects Projects
69 99 31
Construction of industrial Construction of buildings for Undertake various challenging
buildings for pharmaceuticals, hospitals and healthcare and prestigious real estate and
Tyre, Dairy, Engineering services, educational institutes, infrastructure projects
companies, etc. malls, hospitality services and spearheaded by the government
corporate offices and PSUs such as CM’s Office,
Riverfront Development project,
Renovation of Vidhansabha
Building
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Government Residential
Residential Projects Projects
03 22
Execution of prestigious Construction of private
residential-cum-commercial residential buildings for group
projects, spearheaded by the housing, townships and
government in the affordable independent houses for select
housing category under Mukhya private customers
Mantri GRUH Yojana
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Oder Book across Private & Public FY21 FY22 FY23 FY24 Q1FY25
Projects [1] (₹ crore)
Industrial Institutional Government Govt. Resi. Residential
4,011
3,777
2,621
1,807 1,968
1,216 1,383
973 1,092 967
38 300 542 293 233 632 730 197 164 164 572 456 600 365 334
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Outstanding order book as on 30 June 2024 is ₹ 5,890 crore
Government projects comprised 67% of the order book as on Q1FY25 vs 69% in FY24
By diversifying skill sets and order book across different projects, PSP Projects can pursue a broader range of project tenders and consequently, optimize business volume and profit margins

Robust Order Book and Growing Pre-Qualification Credentials

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Growing Order Book[1] (₹ crore)

Work on hand across Private and Public Projects

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6,049
5,890
5,052
4,324
4,121
3,074
2,978
FY19 FY20 FY21 FY22 FY23 FY24 Q1FY25
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As on June 2024
6%
23%
4%
64%
3%
Government Govt Residential Industrial
Institutional Residential
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Numbers have been rounded off

Belief, Trust and Support of Customers

Proven Track Record Ethics & Trust In delivering projects on-time and quality ▪ Strong work Ethics makes PSP a favourable and projects, the faith and confidence rested by the preferred choice clients can be assessed by esteemed projects and ▪ Worked with more than 100 private and public repeat orders secured over the years. clients across India

Zydus Cadila Group 30 Torrent Group 16 PSP has repeatedly serviced projects for:	Zydus Cadila Group 30 Torrent Group 16 PSP has repeatedly serviced projects for:
	Adani Group 13
	UP – Public Works Department 8 Sabarmati Riverfront 8
	Claris Group 6
	Road & Building,Gujarat 4
	Reliance 2
	Intas Group 2

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Biggest Project Surat Diamond Bourse

SDB is the world’s largest office building on a single basement.

It’s a ₹1,960 crore project, 68 lakh sq. ft. With completion of this project, the company has entered the league of handling prestigious projects up to ₹2,500* crore.

As on FY22

Clientele with High Quality Business

Work on Hand as on 30 June 2024 - (Major Projects) | [₹ Crore]

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Description of Project	Location	Name of the Client	Contract value	Outstanding Contract Value
SMC Highrise building	Gujarat	Municipal Corporation	1,344	1,083
Dharoi Dam	Gujarat	State Government	674	586
Gati Shakti Vishwavidhyalaya	Gujarat	RVNL	631	589
Sports Complex	Gujarat	Municipal Corporation	504	160
Sabarmati River Front Development Phase II	Gujarat	Government	399	391
Corporate Office Building	Gujarat	Institutional	337	197
Fintech Building at GIFT City	Gujarat	Government	333	326
National High-Speed Project (Precast)	Gujarat	L&T	273	193
Human and Biological Science Gallery at Science City	Gujarat	Government	268	268
Residential Project	Gujarat	Private Company	252	101
Palladium Mall at Surat	Gujarat	Private Company	230	225
Street Beautification Project	Gujarat	Municipal Corporation	156	150
Gujarat Biotechnolgy Research Centre	Gujarat	Government	102	102
Total			5,502	4,372

The Team that made PSP fulfil its ambitions

Ably Supported by Experienced Professionals

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Mahesh Patel

Maulik Patel

Hetal Patel

Viplav Shah Vice President - Planning

Chief Financial Officer

Senior Vice President – Project Execution

Vice President - Procurement

Member of the Institute of Chartered Accountants of India and holds a masters degree in commerce from Gujarat University

▪ Diploma in Construction Technology from School of Building Science & Technology (Currently CEPT University) and Management Education Program from IIM Ahmedabad.

Holds a diploma in civil ▪ Attended the course for engineering bachelor’s degree in
▪ commerce
Heads the project operations
operations ▪ Heads the procurement,
▪ He has been an management of plants instrumental part of all and machineries and form the projects completed by works. PSP Projects till date. ▪ He has been associated
Also a certified internal auditor from the Institute of Internal Auditors (USA) ▪
PSP Projects till date. ▪ He has been associated
▪ He has been with the with the company since company since inception inception and played a pivotal role in PSP’s growth.

He brings 27 years of experience in the construction field.

With the company since a decade.

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Pratik Thakkar

Sushil Tripathi Vice President – Human Resource

Kenan Patel

General Manager - BD

Company Secretary & Compliance Officer

▪ Bachelor in Law from Allahabad University and PGDM in HR & Marketing from IMT Ghaziabad in 2008.

Pratik Thakkar is Senior ▪ Fellow member of The General Manager - Institute of Company Business Development of Secretaries of India. the company
- Holds Bachelor’s degree in Law and B.Com from Gujarat University.
Certified in Organisation ▪ Development Analysis, Talent Management, Competency Mapping, Assessment & Development Centre and ▪ also trained in Emotional Intelligence, DISC, OPQ32r & Balance Score Card like tools.

Bachelor’s degree in commerce and diploma in marketing management

Having over 8 years of experience in the spheres of Secretarial and legal in Construction and Manufacturing sector.

Having rich experience in Business Development and Tender

▪ Associated with the company since 9+ years

▪ Having 25 years of work experience in multiple industries like Construction, Manufacturing, Retail & Renewable (Energy)

Leadership and Management

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Prahaladbhai Patel Chairman, MD and CEO

Pooja Patel Whole Time Director

Sagar Patel Executive Director

Bachelor’s degree in civil ▪ Bachelor’s degree in civil engineering from engineering from Gujarat Saurashtra University, and Technological University has been working in the civil and a post-graduate construction space by way diploma in financial of a proprietorship business, management from before the incorporation of Ahmedabad Management PSP Projects Limited. Association.
Bachelor’s degree in civil engineering from Gujarat Technological University.
▪ He is actively involved in project planning, project tendering, contracts, and execution of projects.
Heading the Precast Business with focus on Technology absorption.
Experience of 38 years in the construction space, and has played a significant role in the growth of PSP Projects since its incorporation.
Experience of 38 years in ▪ Holding position as a the construction space, and whole-Time Director since has played a significant role more than 8 years. in the growth of PSP ▪ She has been actively Projects since its involved in planning of incorporation. projects, procurement of
▪ Featured in the book titled materials and execution of ‘Business Game Changers: projects for PSP Projects Shoonya se Shikhar’ Limited since 2015. authored by Prakash Biyani. ▪ Represented PSP Projects in
authored by Prakash Biyani. ▪ Represented PSP Projects in
▪ Awarded as “Most Indian Concrete Institute Respected Eneterpreniour Chapter-1, Ahmedabad. Award – Construction” by Hurun Reports.

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Vasishtha Patel Independent Director

Achala Patel Independent Director

Swati Mehta Independent Director

Bachelor’s degree in business administration from Sardar Patel University and a master’s degree in business administration from South Gujarat University.
Postgraduate and M.Phil ▪ Ph.D in management, MBA in from school of languages, finance and BBA in finance Gujarat University. A Gold management from S.P. Medallist and 1st rank University, Gujarat. holder at University level. ▪ Promoter Director of Chinmay
▪ Founder and Designated Raj Biotech Private Limited Partner of MAP Power LLP handling operations, finance, and Chopper Worx marketing, export and overall Construction LLP. business management.
27+ years of experience in management and exports.
Held managerial position in ▪ Actively involved in the ▪ Designated Partner of Ceramig international division of business of high voltage Minerals LLP several companies. power transmission ▪ Visiting faculty at various
▪ Currently a MD of Multico representing few European prominent PG Management Exports Private Limited, companies in India and in Institutes such as Nirma, B K which is involved in the few neighbouring countries School, G H Patel Institute. export of pharmaceuticals. since more than 18 years.

16 years of journey of Constructing Buildings

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Awarded 7 In Jan.2023, PSP
Medical College was awarded an
& Hospitals on order of ₹ 1,344
EPC Basis in UP crore from SMC for
SAP PSP Projects construction of
Implementation 1st Order inside Listed on NSE & BSE Commissioned tallest administrative
the first Smart building.
the precast
City - GIFT City,
Later PSP did 6 factory
Projects in GIFT PSP is awarded
Awarded project with two
for work for Inauguration of Prestigious
Beautification of riverfront Started Turnkey Awarded Surat Kashi Vishwanath Dham by Awards during the Gujarat
Incorporation Diamond Bourse Honourable PM Contractor
Projects
Project Narendra Modi ji Association (GCA) Awards 2023
2008 2009 2010 2011 2014 2015 2016 2017 2020 2021 2022 2023 2024
Awarded to
construct tallest
Acquired Awarded order to Started temple in the
business of BPC construct 72- Operations in world In April
Projects Karnataka & Started Operations 2024, raised
Meter-High
Hospital, Started design & Rajasthan in Uttar Pradesh with Awarded to ₹ 244 crore
Ahmedabad build (EPC) a marquee projects construct tallest through QIP
"Beautification of Sri
project for residential
Affordable Kashi Vishwanath projects in Gujarat
Housing in Dham"
Ahmedabad
Awarded project Entry in Airport
to construct segment
Medical College Started Construction
& Hospital for Awarded project of PSP's Precast
for construction
Leading Medical of CM’s office Manufacturing unit
Socitey,
Ahmedabad
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Precast Facility - Enhancing captive capabilities. Exploring newer technologies

A state-of-the-art manufacturing plant of precast concrete building.

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Offsite Modular
Construction Technology is the future to achieve seamless quality,
speed in delivery and larger volumes in a
controlled environment.
▪

▪

Precast enables manufacturing all elements of building and infrastructure industry, such as Beams, Columns, Slabs, Load Bearing Walls, Partition Walls, Staircase, and Lift Cores, among others.

On Infrastructure side majority of precast orders are from L&T as part of National High Speed Rail project. Balance orders are from Residential and Industrial segments as part of our existing orders.

Considering the orders and demand from civil as well as infrastructure space, the company is undergoing capacity addition in precast.

Benefits of Precast Manufacturing Facility

Reduces labour-intensive traditional building methods by way of maximum prefabrication and use of cutting-edge technology,
- Helps in delivering consistent quality,
Helps to increase operating efficiency and margins.
Thereby reducing turnaround time for projects,
Unlocks the best land potential,

Precast Facility

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Investment Rationale

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One-stop shop solution With proven track record, Execution capabilities have Prudent financial At the helm is an construction company financial discipline, multi grown significantly with performance, Comfortable Experienced, Skilled and present throughout the vertical presence, large time, both in terms of the leverage position at 0.50 Passionate first-generation value chain starting from equipment base and size of projects that we bid times (incl. mobilization entrepreneur whose planning, design, cutting-edge technologies, for and execute, and the advance), giving sufficient passion to build quality construction and postthe company has managed number of projects that we room to raise debt in the buildings aided the construction services to create a strong brand can execute future. Despite being WC company to attain including MEP work and recall synonymous with simultaneously, upon intensive, the company has manifold growth along other interior fit-outs which trust. successful completion of comfortable WCC at 35 with support and provides us with several SDB, PSP becomes eligible days as on FY24 vs 41 days dedication of experienced opportunities, faster to bid for larger value as on FY23. team and Process driven project turnaround time & projects. approach followed by the higher ticket size. company.

Project Profile

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Prominent Projects Completed in FY23

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Palladium Mall, Ahmedabad
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Wagh Bakri Plant
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Bse Broker's Forum At Gift
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Indian Institute Of Management Ahmedabad
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Puniska House
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Indian Potash House
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Landmark Projects – Kashi Vishwanath Dham

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Landmark Projects – Surat Diamond Bourse

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Prominent Projects – Smart City

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Prestige Fintech IBIS Hotel by Brigade Tallest Residential in GIFT City World Trade Center BSE Brokers Forum Brigade International Finance Center The Signature by Hiranandani

Prominent Projects

Noodle Factory Project In Gujarat

Interior Fit-out At Leela Hotel, Gandhinagar

Sports Complex For Ahmedabad University

Zydus Hospital, Baroda

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Hospital Project In Udaipur Rajasthan

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Auda Library, Ahmedabad
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Prominent Projects

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Medical College & Hospital At Dahod
(Epc Project)
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Zydus Hospital Sitapur (Epc Project)
Beautification Of Ahmedabad C.G.Road R&d And Research Centers In Gujarat
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Prominent Projects

Commercial Building At Gift City

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Bangalore Milk Union Dairy Plant At Kanakpura,
Karnataka
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Zydus Corporate House At Ahmedabad

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Grand Mercury Hotel At Gift City
For Brigade Group
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Puniska Healthcare Plant

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Medical College And Hospital For
Dharamsingh Desai University (Ddu)
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Prominent Projects

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Government Office Building
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IIM Ahmedabad
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River Front Development
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Palladium Mal,

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Hospital Project
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Nestle

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Brigade International
Financial Centre At Gift City
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Government Project
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Key Strategies

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Focus on Building construction

Strengthen our human Leverage our position capital as a fast-growing construction company

(commercial, residential, industrial & institutional)

in India

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Expand our geographical footprint, projects in UP, Rajasthan, Karnataka and Maharashtra

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Enhance our project execution capabilities – In Sync with the latest Technology

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Augment customer relationships and optimize our project mix

Building is my passion

Mr. Prahaladbhai Patel Chairman, MD and CEO

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Awards and Recognition

PSP Projects Ltd has been awarded as Fastest Growing Construction PSP Projects Ltd has been Company (below 2000 Cr Category) during the 21st Construction World awarded National Safety Annual Awards 2023 Awards 2022

An award for the ‘Best Commercial Project of Gujarat’ by Realty Plus Excellence Award for our Surat Diamond Bourse Project

PSP Projects is awarded with two Prestigious Awards During the Gujarat Contractor Association (GCA) Awards 2023

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PSP Projects Ltd has been awarded as Fastest Growing Construction Company (below 2000 Cr Category) for 3rd consecutive year in a row during the Construction World Annual Awards 2022

PSP Projects Ltd has been awarded as India’s Top Challengers during the Construction World Annual Awards 2022

Awards and Recognition

PSP Projects Ltd has been awarded as 2nd Fastest Growing Construction Company (below 2000 Cr Category) during the Construction World Annual Awards 2021

ICI-Ultratech Outstanding Structure Awards 2020 (State) in the category – Commercial awarded to our project “ONE42"

Patidar Udhyog Ratna Award by Sardardham 2020

ICI-Ultratech Outstanding Structure Awards 2020 (Regional) in the category – Institutional awarded to our project – “Lilavati Library at CEPT"

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Times Inspiring Entrepreneur Award for the Fastest Growing Construction Company of the Year 2020

ICI-Ultratech Outstanding Structure Awards 2020 (Regional) in the category - Mass Housing awarded to our project “GHB Naranpura"

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Shareholding and Governance

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June
2024
PSPPROJECT
540544
685.70
27,182.38
39.86%
10,834.90
3,96,41,791
1,53,073
103.44
Key Policies
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	PROMOTER 60.14%
	DII 10.50%
	FII 7.02%
	Public 22.34%

NSE Ticker	PSPPROJECT
BSE Ticker	540544
Share Price(₹)^	685.70
Market Cap (₹ Mn)^	27,182.38
% Free Float^	39.86%
Free float market cap (₹ Mn)^	10,834.90
Shares outstanding^	3,96,41,791
3M ADTV(Shares)	1,53,073
3M ADTV(₹ Mn)	103.44

Corporate Sustainability

Key Functions

✓ CSR Policy ✓ Policy on materiality of related party transactions and dealing with related party transactions
✓ Corporate Secretarial and legal Compliances
✓ Policy on Material Subsidiary
✓ Human Resources Management
✓ Nomination and Remuneration Policy
✓ Planning
✓ Whistle Blower Policy
✓ CSR Implementation
✓ Policy on Orderly Succession for Appointment to the Board & Senior Management
✓ Supply Chain Management ✓ Health & Safety of Workmen
✓ Dividend Distribution Policy ✓ Policy On Sexual Harassment at Workplace

Task Forces

✓ Policy for Procedure of Inquiry in case of Leak of UPSI
✓ EHS Policy
✓ EHS
✓ Employee Wellbeing Policy
✓ Procurement
✓ Human Rights Policy ✓ Anti-bribery and Anti-Corruption Policy
✓ Secretarial & Legal ✓ Human Resource

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Governance
Structure
Board of Business Level Project Level
Directors Responsibility Responsibility
Audit Departmental
BOD
Committee Heads
Nomination &
Departmental
Remuneration SMPs
Heads
Committee
Project
CSR Committee KMPs
Manager
Risk
Sustainability
Management SMPs
Coordinates
Committee
Stake Holders
Responsibility
Committee
ESG Committee
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Safe Harbor Statement

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This document does not constitute or form part of and should not be construed as an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company or any of its subsidiaries or its joint ventures or affiliates in any jurisdiction or as an inducement to enter into investment activity. No part of this document, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. This document is not financial, legal, tax or other product advice.

This document has been prepared by the Company based on information available to them for use at a non-deal road show presentation by the Company for selected recipients for information purposes only and does not constitute a recommendation regarding any securities of the Company or any of its subsidiaries or its joint ventures or affiliates. The information has not been independently verified. No representation, warranty, guarantee or undertaking (express or implied) is made as to, and no reliance should be placed on, the accuracy, completeness or correctness of any information, including any estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein and, accordingly, none of the Company, its advisors and representative and any of its or their affiliates, officers, directors, employees or agents, and anyone acting on behalf of such persons accepts any responsibility or liability whatsoever, in negligence or otherwise, arising directly or indirectly from this document or its contents or otherwise arising in connection therewith.

The Company may alter, modify or otherwise change in any manner the contents of this document, without obligation to notify any persons of such change or changes.

This document contains certain supplemental measures of performance and liquidity that are not required by or presented in accordance with Indian Accounting Standards or Indian GAAP, and should not be considered an alternative to profit, operating revenue or any other performance measures derived in accordance with Indian Accounting Standards or Indian GAAP or an alternative to cash flow from operations as a measure of liquidity of the Company.

The statements contained in this document speak only as at the date as of which they are made, and the Company expressly disclaims any obligation or undertaking to supplement, amend or disseminate any updates or revisions to any statements contained herein to reflect any change in events, conditions or circumstances on which any such statements are based. By preparing this presentation, none of the Company, its management, and their respective advisers undertakes any obligation to provide the recipient with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in any such information which may become apparent.

This presentation is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration.

This presentation contains forward-looking statements based on the currently held beliefs and assumptions of the management of the Company, which are expressed in good faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of the Company or industry results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. Given these risks, uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on these forward-looking statements.

By accessing this presentation, you accept that this disclaimer and any claims arising out of the use of the information from this presentation shall be governed by the laws of India and only the courts in Ahmedabad, Gujarat, India and no other courts, shall have jurisdiction over the same.

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Thank You

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PSP Projects Limited

Ernst & Young LLP

Hetal Patel [email protected]

Krishna Patel / Vikash Verma [email protected] [email protected]

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AI assistant

PSP Projects Limited — Investor Presentation 2024

61476_rns_2024-08-02_6ca62d69-0a86-4fdc-b50d-238b16211125.pdf

Ref No: PSPPROJECT/41/24-25

August 02, 2024

Dear Sir/Madam,

Subject: Revised Investor Presentation for the quarter ended June 30, 2024

For PSP Projects Limited

Table of Contents

PSP Projects limited – Build to Last: The growth story in a Nutshell