Header cover image

Indian (NIFTY) HR Services Industry Analysis

UpdatedOct 30, 2023
DataAggregated Company Financials
Companies14
  • 7D-2.9%
  • 3M1.8%
  • 1Y-18.9%
  • YTD1.1%

Over the last 7 days, the HR Services industry has dropped 2.9%, driven by TeamLease Services declining 5.8%. In contrast, Integrated Personnel Services has gained 34%. The industry has fallen 19% in the last year. As for the next few years, earnings are expected to grow by 27% per annum.

Industry Valuation and Performance

Has the Indian HR Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Oct 2023₹120.5b₹279.7b₹4.1b16.9x29.2x0.4x
Thu, 28 Sep 2023₹123.0b₹279.8b₹4.1b19.3x29.7x0.4x
Sat, 26 Aug 2023₹118.0b₹279.9b₹4.2b17.2x28.4x0.4x
Mon, 24 Jul 2023₹115.5b₹268.2b₹4.2b15.6x27.7x0.4x
Wed, 21 Jun 2023₹113.3b₹260.5b₹3.9b14.2x29.2x0.4x
Fri, 19 May 2023₹102.1b₹260.3b₹3.7b17.4x27.4x0.4x
Sun, 16 Apr 2023₹97.3b₹251.0b₹4.2b17.5x22.9x0.4x
Tue, 14 Mar 2023₹101.2b₹251.0b₹4.2b17.6x23.8x0.4x
Thu, 09 Feb 2023₹104.5b₹250.4b₹4.3b16.1x24.5x0.4x
Sat, 07 Jan 2023₹107.8b₹240.1b₹4.2b21.1x25.8x0.4x
Mon, 05 Dec 2022₹114.4b₹240.1b₹4.2b21.6x27.4x0.5x
Wed, 02 Nov 2022₹135.5b₹223.0b₹3.3b21.4x41.5x0.6x
Fri, 30 Sep 2022₹150.0b₹223.0b₹3.3b16x45.9x0.7x
Sun, 28 Aug 2022₹147.4b₹222.9b₹3.3b15.4x45.3x0.7x
Tue, 26 Jul 2022₹150.7b₹207.4b₹3.0b19.2x49.7x0.7x
Thu, 23 Jun 2022₹144.9b₹207.4b₹3.0b19.6x47.8x0.7x
Sat, 21 May 2022₹156.9b₹198.4b₹1.6b41.8x95.2x0.8x
Mon, 18 Apr 2022₹169.0b₹193.7b₹1.5b42.1x109.5x0.9x
Wed, 16 Mar 2022₹154.0b₹193.7b₹1.5b26.4x99.8x0.8x
Fri, 11 Feb 2022₹171.4b₹184.4b₹1.1b22.8x156.5x0.9x
Sun, 09 Jan 2022₹195.2b₹179.5b₹1.0b29x192.9x1.1x
Tue, 07 Dec 2021₹200.2b₹179.5b₹981.6m22.4x204x1.1x
Thu, 04 Nov 2021₹213.5b₹169.2b₹1.7b92x125.6x1.3x
Sat, 02 Oct 2021₹216.2b₹169.0b₹1.7b89.2x128.2x1.3x
Mon, 30 Aug 2021₹194.7b₹169.0b₹1.7b78.5x115.5x1.2x
Tue, 06 Jul 2021₹184.4b₹169.0b₹1.7b70.7x109.4x1.1x
Fri, 09 Apr 2021₹168.9b₹160.8b₹1.5b45.4x115.3x1.1x
Thu, 31 Dec 2020₹126.7b₹160.7b-₹4,738,692,845.0025.5x-26.7x0.8x
Price to Earnings Ratio

-22.3x


Total Market Cap: ₹99.5bTotal Earnings: -₹4,464,267,690.00Total Revenue: ₹162.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian HR Services Industry Price to Earnings3Y Average 63.8x202120222023
Current Industry PE
  • Investors are pessimistic on the Indian Human Resource and Employment Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 29.2x which is lower than its 3-year average PE of 61.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • Total earnings for the Human Resource and Employment Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 20% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Indian HR Services compare with similar industries?

IN Market-2.60%
Industrials-3.30%
Professional Services-3.89%
HR Services-2.91%
Research and Consulting Services-3.33%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
IPSL Integrated Personnel Services₹175.0033.6%
+₹317.1m
n/aPE27.8x
QUESS Quess₹420.500.3%
+₹185.5m
-23.9%PE30.4x
DYNAMIC Dynamic Services & Security₹114.557.8%
+₹112.2m
558.3%PE16.5x
AARVI Aarvi Encon₹135.155.1%
+₹96.8m
-17.5%PE14.8x
INFOLLION Infollion Research Services₹182.905.4%
+₹90.6m
n/aPE31.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

501370

₹181.00

Walchand PeopleFirst

7D

-4.1%

1Y

46.6%

SECURCRED

₹18.45

SecUR Credentials

7D

3.9%

1Y

-4.0%

IPSL

₹175.00

Integrated Personnel Services

7D

33.6%

1Y

n/a

TEAMLEASE

₹2,436.65

TeamLease Services

7D

-5.8%

1Y

-16.3%

DYNAMIC

₹114.55

Dynamic Services & Security

7D

7.8%

1Y

558.3%

SPECTSTM

₹127.00

Spectrum Talent Management

7D

-2.0%

1Y

n/a

SERVICE

₹59.45

Service Care

7D

6.9%

1Y

n/a

543806

₹45.11

Itcons E-Solutions

7D

-3.5%

1Y

n/a

INFOLLION

₹182.90

Infollion Research Services

7D

5.4%

1Y

n/a

AARVI

₹135.15

Aarvi Encon

7D

5.1%

1Y

-17.5%

ACEINTEG

₹35.50

Ace Integrated Solutions

7D

5.0%

1Y

-23.2%