Integrated Personnel Services (IPSL)₹198.00−1.91%Diversified Commercial Services
In the Mar 2026 quarter (consolidated), Integrated Personnel Services reported sales of ₹220 Cr, up 26.5% from Mar 2025, and net profit of ₹5.99 Cr, up 50.1% year on year. For the year to Mar 2026, sales were ₹402 Cr and net profit ₹10.99 Cr.
Company filings, consolidated accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 105 | 111 | 135 | 142 | 174 | 180 | 220 |
| Expenses | 99.91 | 106 | 129 | 136 | 168 | 173 | 211 |
| Operating Profit | 4.98 | 4.99 | 5.98 | 4.99 | 6.98 | 6.98 | 9.97 |
| OPM % | 4.5% | 4.1% | 4.2% | 3.9% | 3.8% | 4.0% | 4.4% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 |
| Interest | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 3.01 |
| Depreciation | 0.00 | 0.00 | 1.01 | 0.99 | 0.99 | 1.01 | 1.01 |
| Profit before tax | 2.99 | 1.99 | 2.99 | 2.99 | 3.99 | 4.98 | 6.98 |
| Tax % | 10.0% | 3.0% | 1.0% | 0.0% | 2.0% | 1.0% | 12.0% |
| Net Profit | 3.01 | 1.99 | 2.99 | 2.99 | 3.99 | 4.99 | 5.99 |
| EPS (Rs) | 3.92 | 3.35 | 4.08 | 4.13 | 4.74 | 5.64 | 7.06 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 169 | 138 | 170 | 198 | 246 | 316 | 402 |
| Expenses | 163 | 133 | 163 | 188 | 234 | 303 | 383 |
| Operating Profit | 5.99 | 4.99 | 6.98 | 9.97 | 10.97 | 12.97 | 16.95 |
| OPM % | 3.4% | 3.8% | 4.0% | 4.9% | 4.6% | 4.2% | 4.2% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 |
| Interest | 3.01 | 3.01 | 3.01 | 5.02 | 5.02 | 6.02 | 5.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.99 | 1.01 |
| Profit before tax | 2.99 | 1.99 | 3.98 | 4.99 | 4.99 | 6.98 | 11.96 |
| Tax % | 4.0% | 11.0% | 5.0% | 7.0% | 2.0% | 1.0% | 8.0% |
| Net Profit | 3.01 | 1.99 | 3.99 | 5.01 | 4.99 | 6.99 | 10.99 |
| EPS (Rs) | 6.15 | 3.77 | 7.13 | 6.27 | 7.42 | 8.19 | 12.69 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5.00 | 5.00 | 5.01 | 7.02 | 7.01 | 9.02 | 9.01 |
| Reserves | 6.01 | 8.01 | 12.03 | 25.09 | 34.04 | 48.10 | 58.06 |
| Borrowings | 24.07 | 25.08 | 28.10 | 27.10 | 31.07 | 35.11 | 52.15 |
| Other Liabilities | 10.05 | 9.05 | 7.03 | 7.03 | 12.05 | 14.06 | 28.13 |
| Total Liabilities | 45.13 | 47.14 | 53.17 | 66.24 | 84.17 | 105 | 146 |
| Fixed Assets | 3.01 | 3.01 | 3.01 | 8.03 | 11.03 | 10.03 | 11.04 |
| CWIP | 3.01 | 3.01 | 4.01 | 1.01 | 0.00 | 1.01 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.99 |
| Other Assets | 39.11 | 40.12 | 46.15 | 58.20 | 72.14 | 94.24 | 135 |
| Trade receivables | 29.01 | 28.98 | 33.01 | 44.02 | 58.99 | 74.94 | 102 |
| Cash & equivalents | 2.99 | 0.99 | 1.99 | 5.98 | 3.99 | 4.98 | 10.96 |
| Total Assets | 45.13 | 47.14 | 53.17 | 66.24 | 84.17 | 105 | 146 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −2.01 | 1.01 | 0.00 | 1.01 | −2.01 | −6.01 | −5.01 |
| Cash from investing activity | −0.99 | −0.99 | −0.99 | −2.99 | −2.99 | −0.99 | 0.00 |
| Cash from financing activity | 4.01 | −2.01 | 1.01 | 5.02 | 3.01 | 8.02 | 12.03 |
| Net cash flow | 1.01 | −2.01 | 0.00 | 3.01 | −2.01 | 1.01 | 6.01 |
| Capex | 0.51 | 0.27 | 0.59 | 1.89 | 3.81 | 1.10 | 1.11 |
| Free cash flow | −1.99 | 0.00 | 0.00 | −0.99 | −5.99 | −6.99 | −5.99 |
| CFO / OP % | −32.1% | 18.0% | 7.0% | −42.0% | −4.0% | −33.1% | −17.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 62 | 76 | 71 | 81 | 87 | 86 | 92 |
| Cash conversion cycle | 63 | 77 | 72 | 82 | 88 | 87 | 93 |
| Working capital days | 7 | 22 | 21 | 47 | 37 | 44 | 39 |
| ROCE % | — | 13.9% | 17.0% | 19.0% | 16.9% | 15.0% | 16.0% |
For the Mar 2026 quarter, Integrated Personnel Services reported sales of ₹220 Cr, up 26.5% year on year and net profit of ₹5.99 Cr, up 50.1% year on year. The operating margin was 4.4%.
Integrated Personnel Services' sales for the year to Mar 2026 were ₹402 Cr.
Net profit for the year to Mar 2026 was ₹10.99 Cr. Earnings per share over the same trailing period were ₹12.69.
Integrated Personnel Services reported borrowings of ₹52.15 Cr at Mar 2026, against cash and equivalents of ₹10.96 Cr.
Cash from operations was −₹5.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹5.99 Cr.