Spectrum Talent Management Ltd
Incorporated in 2012, Spectrum Talent Management Ltd is in the business of Manpower supply, Recruitment and
related services and Trading of
Electronic Goods[1]
- Market Cap ₹ 278 Cr.
- Current Price ₹ 120
- High / Low ₹ 216 / 78.2
- Stock P/E 38.4
- Book Value ₹ 69.1
- Dividend Yield 0.00 %
- ROCE 5.35 %
- ROE 4.73 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.3.25 Cr.
* 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 | |
|---|---|---|---|---|---|---|
| 323 | 302 | 483 | 768 | 1,016 | 1,270 | |
| 314 | 297 | 467 | 744 | 1,007 | 1,262 | |
| Operating Profit | 9 | 5 | 16 | 24 | 9 | 8 |
| OPM % | 3% | 2% | 3% | 3% | 1% | 1% |
| 0 | 1 | 0 | 1 | 2 | 3 | |
| Interest | 0 | 0 | 0 | 1 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 2 | 1 | 2 |
| Profit before tax | 8 | 5 | 15 | 22 | 10 | 8 |
| Tax % | 19% | -5% | -0% | -25% | -16% | 11% |
| 7 | 5 | 15 | 28 | 12 | 7 | |
| EPS in Rs | 14.23 | 10.02 | 40.13 | 15.54 | 5.02 | 3.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 38% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | -22% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 16% |
| Last Year: | 5% |
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 | 4 | 18 | 23 | 23 |
| Reserves | 10 | 10 | 19 | 38 | 124 | 136 |
| 4 | 5 | 15 | 4 | 1 | 35 | |
| 22 | 26 | 26 | 37 | 53 | 55 | |
| Total Liabilities | 41 | 46 | 64 | 96 | 200 | 249 |
| 2 | 2 | 3 | 3 | 7 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 5 | 1 | 0 | 0 | 0 |
| 38 | 40 | 61 | 93 | 194 | 241 | |
| Total Assets | 41 | 46 | 64 | 96 | 200 | 249 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 6 | 5 | -7 | 9 | -5 | -67 | |
| 0 | -5 | 2 | -1 | -5 | -8 | |
| -3 | -4 | 3 | -7 | 76 | 39 | |
| Net Cash Flow | 3 | -3 | -2 | 1 | 66 | -36 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 23 | 30 | 31 | 29 | 28 | 34 |
| Inventory Days | 7 | 7 | 2 | 5 | ||
| Days Payable | 6 | 3 | 2 | 1 | ||
| Cash Conversion Cycle | 23 | 30 | 33 | 32 | 28 | 38 |
| Working Capital Days | 6 | 6 | 22 | 21 | 22 | 41 |
| ROCE % | 22% | 52% | 47% | 10% | 5% |
Documents
Announcements
-
General Updates
4 June 2025 - Spectrum Talent Management reports 25% revenue growth in FY25 with declining profit margins and expanded workforce.
-
Outcome of Board Meeting
27 May 2025 - Audited FY25 financial results, stock option grant of 1.26 lakh shares at Rs 173, and preferential warrant allotment.
-
Board Meeting Intimation
21 May 2025 - SPECTRUM TALENT MANAGEMENT LIMITED has informed about Board Meeting to be held on 27-May-2025 to inter-alia consider and approve the Audited Financial results of the …
-
Monitoring Agency Report
15 May 2025 - ICRA's Q4 FY2025 monitoring report shows approved fund reallocations and utilization updates for Spectrum Talent Management IPO proceeds.
-
Disclosure under SEBI Takeover Regulations
22 April 2025 - Spectrum Talent Management Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) …
Annual reports
Concalls
-
Jun 2025TranscriptNotesPPT
-
Nov 2024Transcript PPT
-
May 2024Transcript PPT REC
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Jul 2023TranscriptNotesPPTREC
-
Jul 2023TranscriptNotesPPT REC
Business Overview[1]
Spectrum Talent Management Ltd is a global manpower solutions provider offering services such as Recruitment Process Outsourcing, Global Search & Selection, Contract Staffing, IT Staffing, Apprentice Programs, and Managed Services.
It operates through 14 offices across India and the US, serving clients in over 30 countries. With a workforce of 33,461+ associates, a proprietary database of 800,000+ candidates, and expertise across 13+ sectors, supporting 400+ clients globally