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Integrated Personnel Services Ltd. (IPSL)

SME Cap

Services stocks · SME cap · NSE

Integrated Personnel Services Ltd. operates in Staffing, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹199.95
-0.05 · -0.03%
Market cap ₹204 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 04:50 pm IST
Details
Quote19 Oct, 04:50 pm IST
Base fundamentals18 Oct 2026 · screener
Latest result01 Jun, 07:54 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens

Trend score and candlestick chart

38Bearish

SMA20 -2.3% / mo · MACD − · near 52W low

Stock trend: 38
Sector RS: —

FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence

Technical chart

IPSLD candles · FIT view-20.0%
Latest close ₹199.95 on 2026-10-12
Bar
+2.5%
RSI
42
MACD hist
-1.91
52W pos
20%
Visible chart range
Candle interval
2026-10-12O ₹195.00H ₹199.95L ₹195.00C ₹199.95Vol 1,000 sh
₹170.37₹197.77₹225.18₹252.58₹279.9852L₹199.95VolRSIMACD2026-042026-052026-072026-102026-10
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

IPSLNifty 500
-22%-11%-1%+9%16 Jul28 Aug12 Oct12 Oct 2026IPSL -13.1%Nifty 500 -6.1%
IPSL
-13.1%
Nifty 500
-6.1%
Vs Nifty 500
-7.0 pp
Chart stats
12 Oct 2026
From 52W high
-48.1%
₹385
52W range position
13%
₹172.1 - ₹385
ATR (14)
8.7%
₹17.4
Volume vs 20D
0.40x
Latest completed session
Avg traded value
₹0.1 Cr
20-session average
20D price channel
₹175.4 - ₹275
95.9% annualized volatility

No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.

Research snapshot

What the evidence says now

Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.

Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE
52

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Excellent
100

Revenue +63.0% · PAT +100.0% YoY

Technical
Bearish
38

Price trend and sector-relative-strength timing.

Valuation
Legacy model
+40.8%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
65

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 31 Mar 2026

Excellent · 100/100

Rev +63% YoY · PAT +100% YoY · margin expansion · +22% QoQ · operating leverage

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹220 Cr+63.0%+22.2%
EBITDA₹10 CrNDF+42.9%
Operating margin4.4%NDF+40 bps
PAT₹6 Cr+100.0%+20.0%
PAT margin2.7%NDF-5 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
18.60
P/B
2.56
EV/EBITDA
13.47
Market Cap
204.00Cr

Profitability

ROE
17.80%
ROCE
16.60%
ROA
7.53%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
24.00%
EPS 5Y
42.00%
Revenue 3Y
27.00%
EPS 3Y
34.00%

Balance Sheet

Debt/Equity
0.78
Interest Coverage
3.00×
Altman Z
5.42
Book Value
78.00

Cash Flow

FCF Yield
—
FCF Positive Y
0/5
OCF
-5.00 Cr
EPS TTM
12.73

Shareholding

Promoter Hold
64.42%
Promoter Pledge
0.00%
Momentum 52W
20%

Financial History

Updated 19/10/2026

Revenue

₹ Cr
Latest: 401+26.9% vs prev
0401.0Mar 2020: 169Mar 2021: 138Mar 2022: 170Mar 2023: 198Mar 2024: 246Mar 2025: 316Mar 2026: 401FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 11.0+57.1% vs prev
011.0Mar 2020: 3.0Mar 2021: 2.0Mar 2022: 4.0Mar 2023: 5.0Mar 2024: 5.0Mar 2025: 7.0Mar 2026: 11.0FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 16.4+33.7% vs prev
027.3Mar 2020: 27.3%Mar 2021: 15.4%Mar 2022: 23.5%Mar 2023: 15.6%Mar 2024: 12.2%Mar 2025: 12.3%Mar 2026: 16.4%FY20FY21FY22FY23FY24FY25FY26

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Mixed signals

Signals are conflicting — long-term trend unclear. RSI 42. Wait for confirmation.

  • SMA20 falling (~2.3% over last month) — short-term momentum negative.
  • RSI(14) at 42 — rising, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 36% off 52W high · 16% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

9
RS percentile
Insufficient history
1M return
-22.8%
3M return
-18.1%
6M return
-47.3%
1Y return
-
RS 1D
0
RS 20D
-19
Sector rank
#12
Industry rank
#56
Stage evidence
  • At least 170 daily sessions are required for the trend-stage read.
50-DMA
price below
200-DMA
unavailable
Sector
neutral
Industry
neutral
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
112 observations
12 Oct 2026Value 57.54+0.19%
50637689102Sept 25Jan 26Jun 26Oct 2658
RS vs Nifty 50058

Valuation & peers

U-Score 52 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies

52U-SCORE
Growth at Value

Fundamental score breakdown

U band · FAIR VALUE
Valuation13/30
Growth20/25
Quality12/20
Balance Sheet7/15
Cash Flow0/10
Piotroski
5/9 (+3)
Penalties
-3
Raw sum
52

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

52/100 · legacy band FAIR VALUE

Positive drivers

  • Fair-value margin of safety is positive at 40.8%.
  • Growth contributes 20/25 to the score.
  • Quality contributes 12/20 to the score.

Main drags

  • Penalty bucket subtracts 3 points.
  • Cash flow is weaker at 0/10; verify the latest quarterly trend.
  • Valuation is weaker at 13/30; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
18.6
PB
2.6
EV/EBITDA
13.5
ROE
17.8%
ROCE
16.6%
FCF Yield
—
Debt/Equity
0.8
MoS
+40.8%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
52
Previous: 52
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+40.8%
Previous: +40.8%

Score history

12 stored score snapshots. Latest stored move: +0 points.

20 Oct 2026
v4.3-runtime-valuation
51
51
51
51
51
51
51
51
51
52
52
52

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹149.47
-33.8% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹337.98
+40.8% MoS
PEG
0.48

Comparable companies

Peers

Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SPECTSTM
SME
Spectrum Talent Management Ltd.
HR & Manpower
match 156
58
11.1
7.4%
+60%
FAIR VALUE
SERVICE
SME
Service Care Ltd.
HR & Manpower
match 153
34
18.4
10.1%
+36%
WATCHLIST
HRHNEXT
SME
HRH Next Services Ltd.
HR & Manpower
match 151
61
6.4
12.5%
+75%
UNDERVALUED
WHITEFORCE
SME
Happy Square Outsourcing Services Ltd.
HR & Manpower
match 151
70
7.0
22.7%
+74%
UNDERVALUED
WEWIN
Small
WE WIN LIMITED
HR & Manpower
match 146
63
12.2
15.2%
+55%
UNDERVALUED

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Integrated Personnel Services Ltd. operates in Staffing, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
65Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 45th percentile of the scored universe and 50th percentile within Services. Main check: cash conversion is weak at 28/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
45th percentile

overall median 67 · Services: 50th pctile, median 66 · SME: 56th pctile, median 64

Evidence depth
Financial-only

0 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
95
strong · quarterly consistency

Trust positives

  • ▸Promoter holding is 64.4%.
  • ▸Promoter pledge is zero.
  • ▸4/4 latest quarters had positive YoY revenue growth.
  • ▸4/4 latest quarters had positive YoY PAT growth.

Trust risks

  • ▸Operating cash flow is negative at ₹-5 Cr.
  • ▸Promoter holding fell 2.7%.
  • ▸Only 0 years of positive FCF.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

3 shown
Annual reportSep 2026

Sep 2026 · General Updates 25 Aug - 23rd AGM on 18 September 2026; FY26 annual report submitted under SEBI LODR.

Source: Nse

Open source ↗
Annual reportMar 2026

Mar 2026 · Annual Report 2026

Source: Nse

Open source ↗
Annual reportMar 2025

Mar 2025 · Annual Report 2025

Source: Nse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.