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 ₹ 187 Cr.
- Current Price ₹ 260
- High / Low ₹ 398 / 140
- Stock P/E 26.5
- Book Value ₹ 78.2
- Dividend Yield 0.00 %
- ROCE 13.6 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 1.06% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
* 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 169 | 138 | 170 | 198 | 246 | 316 | |
| 163 | 133 | 163 | 188 | 235 | 304 | |
| Operating Profit | 6 | 5 | 7 | 10 | 11 | 12 |
| OPM % | 3% | 4% | 4% | 5% | 4% | 4% |
| 0 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 3 | 3 | 3 | 5 | 5 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 2 |
| Profit before tax | 3 | 2 | 4 | 5 | 5 | 7 |
| Tax % | 4% | 11% | 5% | 7% | 2% | 1% |
| 3 | 2 | 4 | 5 | 5 | 7 | |
| EPS in Rs | 6.16 | 3.78 | 7.15 | 6.29 | 7.45 | 9.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 23% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 25% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 63% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 15% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 7 | 7 | 9 |
| Reserves | 6 | 8 | 12 | 25 | 34 | 48 |
| 24 | 25 | 28 | 27 | 31 | 35 | |
| 10 | 9 | 7 | 7 | 12 | 14 | |
| Total Liabilities | 45 | 47 | 53 | 66 | 84 | 105 |
| 3 | 3 | 3 | 8 | 11 | 10 | |
| CWIP | 3 | 3 | 4 | 1 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 |
| 39 | 40 | 46 | 58 | 72 | 94 | |
| Total Assets | 45 | 47 | 53 | 66 | 84 | 105 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -2 | 1 | 0 | 1 | -1 | -6 | |
| -1 | -1 | -1 | -3 | -5 | -1 | |
| 4 | -2 | 1 | 5 | 3 | 8 | |
| Net Cash Flow | 1 | -2 | 0 | 3 | -3 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 63 | 77 | 72 | 82 | 88 | 87 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 63 | 77 | 72 | 82 | 88 | 87 |
| Working Capital Days | 45 | 67 | 64 | 79 | 78 | 78 |
| ROCE % | 14% | 17% | 19% | 16% | 14% |
Documents
Announcements
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Updates
19 May 2025 - Integrated Personnel Services Limited has informed regarding 'Disclosure of Large Corporate entity'.
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Copy of Newspaper Publication
19 May 2025 - Published audited financial results for half and year ended March 31, 2025 in newspapers.
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General Updates
17 May 2025 - Rectified dividend rate wording: Final dividend 10 paise (1%) per share for FY ended March 2025.
-
Outcome of Board Meeting
16 May 2025 - Auditor's report on Integrated Personnel Services' FY25 standalone and consolidated financial results.
-
Dividend
16 May 2025 - Auditor's report confirms true and fair view of FY25 standalone and consolidated financial results.
Business Overview:[1]
IPSL delivers integrated Human Resource solutions under the categories of Raising, Leasing, and Management for various industries and diverse functional roles for Information Technology and non - IT companies. Their services include:
a) Temporary staffing solutions (flexi-staffing)
b) Permanent recruitment (executive search) services
c) Specialized staff recruitment
d) Outsourced recruitment processes
e) Payroll management