PSPPROJECT

What PSP Projects promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 3 delivered 2 missed 14 open
  • Working Capital Days missed said Q4 FY25 Promised: Normalization to ~30-35 days / ~₹400 cr receivables Q1 FY27: No new data provided. Focus has shifted to the revised target of 60-70 days.
  • EBITDA Margin revised down said Q4 FY25 Promised: 8-9% Q1 FY27: Reiterated the revised FY27 target of 7-8%, though Q1 margin was 6.42%. The original 8-9% long-term target remains abandoned.
  • FY26 Revenue delivered said Q4 FY25 Promised: more than ₹3,000 crores Q4 FY26: Full year FY26 revenue reported at ₹3,149 crores, meeting the revised guidance.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 19 tracked commitments for PSP Projects — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens