Price
Financials
Consolidated, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 92 | 105 | 111 | 135 | 142 | 174 | 180 | 220 |
| Expenses | 89 | 100 | 106 | 129 | 136 | 168 | 173 | 211 |
| Operating Profit | 4 | 5 | 5 | 6 | 5 | 7 | 7 | 10 |
| OPM % | 3.9% | 4.5% | 4.1% | 4.2% | 3.9% | 3.8% | 4.0% | 4.4% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 2 | 3 | 3 | 4 | 5 | 7 |
| Tax % | -1% | 10% | 3% | 1% | 0% | 2% | 1% | 12% |
| Net Profit | 2 | 3 | 2 | 3 | 3 | 4 | 5 | 6 |
| EPS in Rs | 3.39 | 3.93 | 3.36 | 4.09 | 4.14 | 4.75 | 5.66 | 7.08 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 169 | 138 | 170 | 198 | 246 | 316 | 401 |
| Expenses | 163 | 133 | 163 | 188 | 234 | 303 | 383 |
| Operating Profit | 6 | 5 | 7 | 10 | 11 | 13 | 18 |
| OPM % | 3.4% | 3.8% | 4.0% | 4.9% | 4.6% | 4.2% | 4.4% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Interest | 3 | 3 | 3 | 5 | 5 | 6 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 2 | 1 |
| Profit before tax | 3 | 2 | 4 | 5 | 5 | 7 | 12 |
| Tax % | 4% | 11% | 5% | 7% | 2% | 1% | 8% |
| Net Profit | 3 | 2 | 4 | 5 | 5 | 7 | 11 |
| EPS in Rs | 6.16 | 3.78 | 7.15 | 6.29 | 7.45 | 8.21 | 12.73 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 24% | 27% | 27% | ||
| Compounded Profit Growth | % | 42% | 34% | 55% | ||
| Stock Price CAGR | % | % | 15% | -38% | ||
| Return on Equity | % | 17% | 16% | 18% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 7 | 7 | 9 | 9 |
| Reserves | 6 | 8 | 12 | 25 | 34 | 48 | 58 |
| Borrowings | 24 | 25 | 28 | 27 | 31 | 35 | 52 |
| Other Liabilities | 10 | 9 | 7 | 7 | 12 | 14 | 28 |
| Total Liabilities | 45 | 47 | 53 | 66 | 84 | 105 | 146 |
| Fixed Assets | 3 | 3 | 3 | 8 | 11 | 10 | 11 |
| CWIP | 3 | 3 | 4 | 1 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Other Assets | 39 | 40 | 46 | 58 | 72 | 94 | 135 |
| Total Assets | 45 | 47 | 53 | 66 | 84 | 105 | 146 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -2 | 1 | 0 | 1 | -2 | -6 | -5 |
| Cash from Investing Activity | -1 | -1 | -1 | -3 | -3 | -1 | -0 |
| Cash from Financing Activity | 4 | -2 | 1 | 5 | 3 | 8 | 12 |
| Net Cash Flow | 1 | -2 | 0 | 3 | -2 | 1 | 6 |
| Free Cash Flow | -2 | 0 | -0 | -1 | -6 | -7 | -6 |
| CFO/OP | -32% | 18% | 7% | -42% | -4% | -33% | -16% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 77 | 72 | 82 | 88 | 87 | 93 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 63 | 77 | 72 | 82 | 88 | 87 | 93 |
| Working Capital Days | 7 | 22 | 21 | 47 | 37 | 48 | 39 |
| ROCE % | 14% | 17% | 19% | 17% | 15% | 17% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 69.05% | 69.05% | 69.05% | 69.05% | 69.05% | 66.06% | 67.12% | 67.12% | 67.12% | 67.12% | 67.12% | 64.42% |
| Public | 30.95% | 30.95% | 30.95% | 30.95% | 30.95% | 33.94% | 32.88% | 32.88% | 32.88% | 32.88% | 32.88% | 35.58% |
| No. of Shareholders | 258 | 258 | 250 | 251 | 249 | 263 | 263 | 267 | 361 | 366 | 384 | 554 |
Fundamentals
Market Cap₹ 220 Cr.
Current Price₹ 215
Stock P/E20.0
Book Value₹ 78.0
ROCE16.6 %
ROE17.8 %
Dividend Yield0.05 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)55%
Consolidated figures.
Valuation
Market capRs 134 Cr
Enterprise valueRs 155 Cr
P/E (TTM)29.57x
Price to book4.13x
Price to sales0.68x
EV / EBITDA15.30x
EV / EBIT15.89x
EV / sales0.78x
Price to cash flow197.01x
Earnings yield3.38%
P/E, 3-year average12.97x
P/B, 3-year average1.81x
Profitability
Operating margin (excl. other income)4.86%
Operating margin (incl. other income)5.11%
EBITDA margin5.11%
Pre-tax margin2.46%
Net profit margin2.29%
ROE18.27%
ROCE18.57%
ROA7.58%
ROE, 3-year average19.23%
ROCE, 3-year average16.46%
ROA, 3-year average6.32%
ROIC (approx.)17.14%
Tax rate6.60%
Other income / net worth1.54%
Growth
Sales growth (latest year)16.54%
Profit growth (latest year)25.48%
Sales CAGR, 3 years5.33%
Profit CAGR, 3 years13.36%
Per share
EPS (TTM)Rs 6.29
EPS (latest year)Rs 6.29
EPS, 3-year averageRs 5.74
Book value per shareRs 44.96
Sales per shareRs 274.11
Cash flow per shareRs 0.94
Free cash flow per shareRs -8.33
Efficiency
Asset turnover2.97x
Fixed asset turnover26.03x
Debtor days82 days
Debtors turnover4.47x
Cash conversion cycle93 days
Working capital days39 days
Leverage
Total debtRs 27 Cr
Cash and bankRs 6 Cr
Net debtRs 21 Cr
Debt to equity0.83x
Net debt / EBITDA2.04x
Interest coverage1.99x
Owners' fund to total sources48.77%
Debt to assets40.29%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs 5 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs -8 Cr
Cash from ops / profit, 5 years-0.38x
Sales to cash flow290.50x
Statement figures
Net sales (TTM)Rs 198 Cr
Net sales (latest year)Rs 198 Cr
Operating profit excl. other income (latest year)Rs 10 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 10 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs 5 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 177 Cr
Total expenditure (latest year)Rs 188 Cr
Total income (latest year)Rs 198 Cr
Share capitalRs 7 Cr
ReservesRs 25 Cr
Shareholders' fundsRs 32 Cr
Total assetsRs 66 Cr
Net blockRs 8 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 44 Cr
Other liabilitiesRs 7 Cr
Shares outstanding (crore)0.72
Ownership
Promoter holding64.42% (-2.70 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 29.6 is at the 8th percentile of its own 3.3-year range
(median 51.2, low 17.8, high 124.6).
P/B 4.13 is the lowest in 3.3 years (median 11.68).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | IPSL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -13.9% | -2.8% | -11.2 pts |
| 1 month | -7.1% | -6.8% | -0.3 pts |
| 3 months | -32.1% | -7.6% | -24.5 pts |
| 6 months | -44.7% | +0.4% | -45.1 pts |
| 1 year | -7.5% | -9.9% | +2.4 pts |
| 2 years | +122.6% | -13.6% | +136.2 pts |
| 3 years | +31.7% | +14.2% | +17.5 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was 19% of net profit over the last 3 years |
| explain | Share dilution Share count up 44% in a year, 44% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹220 Cr +63.0% vs Mar 2024.
Net profit ₹6 Cr +100.0%.
Against our estimate for Mar 2026: sales -1.1%, profit +19.3% beat.
Activity
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| Inox Green Energy Services Ltd | 6,583 | 53.7 | 8.42 % |
| Leap India Ltd | 6,046 | 104 | 8.34 % |
| Smartworks Coworking Spaces Ltd | 5,871 | 211 | 8.29 % |
| Nirlon Ltd | 5,460 | 15.3 | 30.8 % |
| Quess Corp Ltd | 5,109 | 19.8 | 24.0 % |
| Indiqube Spaces Ltd | 4,148 | 6.38 % | |
| Sanghvi Movers Ltd | 3,930 | 19.2 | 15.6 % |
| CMS Info Systems Ltd | 3,675 | 12.2 | 17.9 % |
| Hemisphere Properties India Ltd | 3,274 | -1.14 % | |
| EFC (I) Ltd | 2,578 | 10.0 | 19.8 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded
Quick answers
What is the market cap of Integrated Personnel Services Ltd?
Integrated Personnel Services Ltd (IPSL) has a market capitalisation of Rs 220 Cr. at the 2026-09-30 close.
What is the P/E ratio of Integrated Personnel Services Ltd?
Integrated Personnel Services Ltd trades at a P/E of 20.0 on trailing twelve-month profit, at the 2026-09-30 close.
What were Integrated Personnel Services Ltd's latest quarterly results?
In the Mar 2026 quarter, Integrated Personnel Services Ltd sales was Rs 220 Cr (+63.0% vs Mar 2024) and net profit was Rs 6 Cr.
What is the 52-week high and low of Integrated Personnel Services Ltd?
The 52-week high is Rs 364.95 and the 52-week low is Rs 172.05.