Integrated Personnel Services Ltd
Incorporated in 2004, Integrated Personnel Services is an end-to-end human resource management company which provides customized solutions [1]
- Market Cap ₹ 204 Cr.
- Current Price ₹ 200
- High / Low ₹ 310 / 172
- Stock P/E 22.8
- Book Value ₹ 66.6
- Dividend Yield 0.00 %
- ROCE 16.2 %
- ROE 16.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 42.0% CAGR over last 5 years
Cons
- Stock is trading at 3.00 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Promoter holding has decreased over last 3 years: -4.63%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Diversified Commercial Services
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 115 | 148 | 119 | 143 | 169 | 206 | 263 | 341 | |
| 111 | 143 | 115 | 138 | 161 | 198 | 253 | 328 | |
| Operating Profit | 4 | 4 | 4 | 5 | 7 | 8 | 9 | 13 |
| OPM % | 3.8% | 3.0% | 3.4% | 3.6% | 4.3% | 3.8% | 3.6% | 3.8% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | |
| Interest | 2 | 2 | 2 | 2 | 4 | 4 | 4 | 5 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 3 | 3 | 2 | 3 | 4 | 4 | 5 | 10 |
| Tax % | 23% | -3% | 3% | 6% | 7% | 2% | 1% | 8% |
| 2 | 3 | 2 | 3 | 3 | 4 | 5 | 9 | |
| EPS in Rs | 4.18 | 5.81 | 3.07 | 5.45 | 4.65 | 5.44 | 5.72 | 10.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 26% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 42% |
| 3 Years: | 39% |
| TTM: | 82% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 14% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 7 | 7 | 9 | 9 |
| Reserves | 2 | 5 | 6 | 9 | 21 | 28 | 40 | 49 |
| 13 | 20 | 21 | 24 | 22 | 25 | 28 | 43 | |
| 12 | 9 | 7 | 6 | 6 | 10 | 11 | 22 | |
| Total Liabilities | 32 | 38 | 39 | 45 | 56 | 70 | 88 | 122 |
| 3 | 3 | 3 | 3 | 7 | 9 | 8 | 9 | |
| CWIP | 3 | 3 | 3 | 4 | 0 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 26 | 32 | 33 | 38 | 48 | 60 | 79 | 113 | |
| Total Assets | 32 | 38 | 39 | 45 | 56 | 70 | 88 | 122 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 2 | -3 | 0 | -0 | 0 | -1 | 0 | 1 | |
| -3 | -0 | -0 | -1 | -3 | -4 | -8 | -7 | |
| 1 | 5 | -1 | 2 | 6 | 3 | 9 | 10 | |
| Net Cash Flow | -0 | 2 | -1 | 0 | 3 | -2 | 1 | 5 |
| Free Cash Flow | -1 | -3 | 0 | -1 | -1 | -4 | -1 | 0 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 53% | -65% | 12% | -8% | -49% | 1% | 8% | 13% |
Ratios
Standalone / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 59 | 74 | 72 | 80 | 86 | 80 | 84 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 64 | 59 | 74 | 72 | 80 | 86 | 80 | 84 |
| Working Capital Days | 15 | 26 | 13 | 17 | 40 | 37 | 50 | 39 |
| ROCE % | 18% | 13% | 15% | 17% | 14% | 13% | 16% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Contract Staff Revenue Share % |
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| Number of Permanent Employees count |
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| Recruitment & Payroll Revenue Share % |
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| Number of Associate/Contract Employees count |
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Extracted by Screener AI
Documents
Announcements
-
Structural Digital Database
- SDD compliance certificate filed for quarter ended September 30, 2026; no non-compliance reported.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026; no demat or remat requests.
-
Trading Window
- Trading window closed from 1 October 2026 until 48 hours after half-yearly results.
-
Shareholders meeting
- 23rd AGM voting results on 18 Sep 2026: financials, dividend, ESOP amendment, and director reappointment approved.
-
Shareholders meeting
- 23rd AGM voting results घोषित; audited statements, dividend, ESOP amendment and director reappointment approved.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
Business Overview:[1]
The Co. is an integrated Personnel Services provider of human resource solutions across IT and non-IT sectors. Its services include recruitment, executive search, staffing, payroll, compliance, training and development, and HR policy implementation, organised under three categories: Raising, Leasing and Management.