Integrated Personnel Services Ltd (IPSL) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: IPSL | Professional Services | Small Cap

BSE Share Price
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Integrated Personnel Services Ltd (IPSL) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: IPSL | Professional Services | Small Cap

DeciZen - make an informed investing decision on Integrated Personnel

Based on:

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Integrated Personnel Services stock performance -

Key Ratios
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P/E Ratio (SA):
52.52
Market Cap:
258.2 Cr.
52-wk low:
0
52-wk high:
0

Is Integrated Personnel Services Ltd an attractive stock to invest in?

1. Is Integrated Personnel Services Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Integrated Personnel Services Ltd is a average quality company.

2. Is Integrated Personnel Services Ltd undervalued or overvalued?

The key valuation ratios of Integrated Personnel Services Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Integrated Personnel Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Integrated Personnel Services Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Integrated Personnel:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Integrated Personnel Services Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.2%13%15.4%17.1%14%13.5%-
Value Creation
Index
0.1-0.10.10.200.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 148119143169206263263
Sales YoY Gr.--19.6%20.1%18.2%21.9%27.7%-
Adj EPS 5.83.15.54.75.45.75.7
YoY Gr.--47.4%78.1%-14.5%16.7%5%-
BVPS (₹) 19.422.427.93944.556.456.4
Adj Net
Profit
2.91.62.83.43.94.95
Cash Flow from Ops. -2.90.5-0.40.3-1.30.2-
Debt/CF from Ops. -6.841.6-54.866-18.4175.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA12.2%22.6%27.7%
Adj EPS NA-0.4%1.6%5%
BVPSNA23.8%26.4%26.7%
Share Price - - 53.2% 2.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
3014.721.715.912.411.810.1
Op. Profit
Mgn %
33.43.64.33.93.6NAN
Net Profit
Mgn %
21.31.921.91.91.9
Debt to
Equity
21.81.70.80.80.6-
Working Cap
Days
095878587900
Cash Conv.
Cycle
073656975710

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 22.57%

Debt to equity has declined versus last 3 years average to 0.58

Return on Equity has declined versus last 3 years average to 10.10%

Net Profit has been subdued in last 3 years 1.57%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Integrated Personnel Services Ltd.

Standalone Consolidated
TTM EPS (₹) 5.7 8.2
TTM Sales (₹ Cr.) 263 316
BVPS (₹.) 56.4 65.5
Reserves (₹ Cr.) 40 48
P/BV 5.32 4.58
PE 52.52 36.52
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 258
Equity (₹ Cr.) 8.6
Face Value (₹) 10
Industry PE 47.8

Management X-Ray of Integrated Personnel:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Integrated Personnel - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Integrated Personnel

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales148119143169206263
Operating Expenses 143115138161198253
Manufacturing Costs1361102234
Material Costs000000
Employee Cost 54132154189245
Other Costs 314565
Operating Profit 445789
Operating Profit Margin (%) 3.0%3.4%3.6%4.3%3.8%3.6%
Other Income 000011
Interest 222444
Depreciation 000011
Exceptional Items 000000
Profit Before Tax 323445
Tax -000000
Profit After Tax 323345
PAT Margin (%) 2.0%1.3%1.9%2.0%1.9%1.9%
Adjusted EPS (₹)5.83.15.54.75.45.7
Dividend Payout Ratio (%)0%0%0%0%0%2%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 101114283249
Share Capital 555779
Reserves 569212540
Minority Interest000000
Debt202022192228
Long Term Debt957634
Short Term Debt101515131923
Trade Payables001012
Others Liabilities 98881510
Total Liabilities 383945566988

Fixed Assets

Gross Block55591213
Accumulated Depreciation222234
Net Fixed Assets 333798
CWIP 334001
Investments 000000
Inventories000000
Trade Receivables242428374858
Cash Equivalents 212645
Others Assets 6885816
Total Assets 383945566988

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -31-00-10
PBT 323445
Adjustment 232344
Changes in Working Capital -8-4-6-10-8-9
Tax Paid 0004-1-1
Cash Flow From Investing Activity -0-0-1-3-4-8
Capex -0-0-0-2-3-1
Net Investments 0-0-1-1-0-0
Others 0000-1-8
Cash Flow From Financing Activity 5-12639
Net Proceeds from Shares 0001109
Net Proceeds from Borrowing 000000
Interest Paid 0-2-2-3-3-3
Dividend Paid 000000
Others 514-364
Net Cash Flow 2-103-21

Finance Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)30.0314.6521.6615.913.0212.21
ROCE (%)15.2313.0115.3517.1314.0113.51
Asset Turnover Ratio3.863.073.413.363.283.34
PAT to CFO Conversion(x)-10.5-00-0.250
Working Capital Days
Receivable Days597467717674
Inventory Days000000
Payable Days000000

Integrated Personnel Services Ltd Stock News

Integrated Personnel Services Ltd FAQs

The current trading price of Integrated Personnel on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Integrated Personnel stood at ₹258.2.
The latest P/E ratio of Integrated Personnel as of 31-Dec-1969 is 52.52.
The latest P/B ratio of Integrated Personnel as of 31-Dec-1969 is 5.32.
The 52-week high of Integrated Personnel is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Integrated Personnel is ₹262.8 ( Cr.) .

About Integrated Personnel Services Ltd

The company was originally incorporated as ‘Integrated Personnel Services Private Limited’ under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated January 22, 2004 bearing Registration Number 144160 issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently the Company was converted into a Public Limited Company vide Special Resolution passed by the shareholders at the Extra- Ordinary General Meeting held on August 30, 2018 and consequently the name of the company was changed from ‘Integrated Personnel Services Private Limited’ to ‘Integrated Personnel Services Limited’ vide fresh Certificate of Incorporation granted to the Company consequent upon conversion into public limited company dated September 17, 2018 by Registrar of Companies, Mumbai.

The company was incorporated in the year 2004 with an intent to deliver integrated Human Resource solutions under the three broad categories of Raising, Leasing and Management for various industries and diverse functional roles for both, Information Technology (IT) and non-IT companies. Under these broad categories, the company has bifurcated its services in such way so as to enable its clients to select services as per their requirements. The company’s employment services broadly include temporary staffing solutions (flexi- staffing), permanent recruitment (executive search) services, specialised staff recruitment, outsourced recruitment processes and payroll management.

The company started its operations in 2004 with its main focus in the hospitality as the prime sector, followed by the engineering and energy sector in the coming years. To expand its business ambit, the company through Vantage Tech HR Services in 2014 entered into the IT domain by setting up additional branches. From year 2015 onwards, its marketing plan as well as consolidated business and growth strategy have enabled it to bring most of the operations and processes of IPS on one single digital platform. It aims at working on innovative technologies to facilitate its clients and to further expand its business operations.

Business area of the company

The company is an end to end human resource management company providing customized solutions to various corporates in India.

Certifications & Recognitions:

  • June 2018: Awarded by Siliconindia as Company of the Month.
  • 2018: Awarded by Siliconindia as 20 Most Promising Companies for Executive Search July, 2018 Awarded by CEO Magazine the Certificate of Excellence for amongst the Top 25 Fastest growing Consultants in India in 2018.
  • 2020-21: Awarded by Indian Achievers’ Forum as the India’s Most Coveted Award Recognising Achievements since 2000.
  • 2022: Awarded by CIOReviewIndia as 10 most promising HR Consultants 2022.
  • Valid till 2023: Received Certificate of membership by Indian Staffing Federation.

Key Events and Milestones

  • 2004: Incorporation of the Company in the name style of ‘Integrated Personnel Services Private Limited’.
  • 2012: Acquired Vantage Tech HR Services (now “IPS Vantage Tech Services Private Limited” a Subsidiary of Company).
  • 2012: Entered into IT domain through subsidiary company that catered the IT sector.
  • 2012: Opened two branches in Bangalore and Kolkata.
  • 2015: Topline of IPS Group crossed Rs 50 crore.
  • 2017: Topline of IPS Group crossed Rs 100 crore
  • 2018: Conversion of the company from Private Limited Company to Public Limited Company.
  • 2022: Received ISO 9001:2015 for providing end to end solutions for recruitment, HR Management, Payroll Management & Processing and HR Outsourcing for IT & non-IT Companies.
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