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Indian (NIFTY) HR Services Industry Analysis
UpdatedJul 08, 2025
DataAggregated Company Financials
Companies17
- 7D3.1%
- 3M-30.2%
- 1Y-37.5%
- YTDn/a
The HR Services industry is up 2.9% in the last week, with Digitide Solutions up 17%. In the past year, the industry is down 37%. Looking forward, earnings are forecast to grow by 36% annually.
Industry Valuation and Performance
Has the Indian HR Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 08 Jul 2025 | ₹139.9b | ₹293.7b | ₹2.7b | 21.7x | 51.2x | 0.5x |
| Thu, 05 Jun 2025 | ₹107.3b | ₹290.3b | ₹2.7b | 22.9x | 39.9x | 0.4x |
| Sat, 03 May 2025 | ₹110.2b | ₹342.1b | ₹5.9b | 21.9x | 18.7x | 0.3x |
| Mon, 31 Mar 2025 | ₹153.7b | ₹342.0b | ₹5.9b | 20.5x | 26.1x | 0.4x |
| Wed, 26 Feb 2025 | ₹151.8b | ₹342.0b | ₹5.9b | 24.7x | 25.8x | 0.4x |
| Fri, 24 Jan 2025 | ₹167.4b | ₹329.9b | ₹5.7b | 25.6x | 29.3x | 0.5x |
| Sun, 22 Dec 2024 | ₹183.3b | ₹329.2b | ₹5.6b | 33.1x | 32.8x | 0.6x |
| Tue, 19 Nov 2024 | ₹169.9b | ₹328.9b | ₹5.6b | 31.6x | 30.5x | 0.5x |
| Thu, 17 Oct 2024 | ₹187.8b | ₹317.6b | ₹5.3b | 32.4x | 35.4x | 0.6x |
| Sat, 14 Sep 2024 | ₹199.3b | ₹317.5b | ₹5.3b | 28.8x | 37.6x | 0.6x |
| Mon, 12 Aug 2024 | ₹178.4b | ₹317.3b | ₹5.3b | 25.2x | 33.7x | 0.6x |
| Wed, 10 Jul 2024 | ₹164.5b | ₹309.1b | ₹4.8b | 24x | 34.3x | 0.5x |
| Fri, 07 Jun 2024 | ₹154.1b | ₹306.9b | ₹4.9b | 21.7x | 31.3x | 0.5x |
| Sun, 05 May 2024 | ₹167.7b | ₹297.4b | ₹4.2b | 23.8x | 40.2x | 0.6x |
| Tue, 02 Apr 2024 | ₹141.3b | ₹297.4b | ₹4.2b | 18.4x | 33.9x | 0.5x |
| Thu, 29 Feb 2024 | ₹144.3b | ₹297.4b | ₹4.2b | 19.5x | 34.6x | 0.5x |
| Sat, 27 Jan 2024 | ₹140.3b | ₹289.3b | ₹4.4b | 19.7x | 32x | 0.5x |
| Mon, 25 Dec 2023 | ₹142.2b | ₹289.3b | ₹4.4b | 15.9x | 32.1x | 0.5x |
| Wed, 22 Nov 2023 | ₹131.5b | ₹289.5b | ₹4.4b | 15.2x | 29.7x | 0.5x |
| Fri, 20 Oct 2023 | ₹124.5b | ₹279.7b | ₹4.1b | 16.9x | 30.1x | 0.4x |
| Sun, 17 Sep 2023 | ₹128.2b | ₹279.8b | ₹4.1b | 19.6x | 31x | 0.5x |
| Tue, 15 Aug 2023 | ₹163.1b | ₹279.9b | ₹4.2b | 17x | 39.1x | 0.6x |
| Thu, 13 Jul 2023 | ₹116.8b | ₹265.3b | ₹4.0b | 17.7x | 28.9x | 0.4x |
| Sat, 10 Jun 2023 | ₹110.5b | ₹260.5b | ₹3.8b | 20.8x | 29.1x | 0.4x |
| Mon, 08 May 2023 | ₹93.8b | ₹251.0b | ₹4.2b | 17.1x | 22.1x | 0.4x |
| Wed, 05 Apr 2023 | ₹97.8b | ₹251.0b | ₹4.2b | 17.5x | 23x | 0.4x |
| Fri, 03 Mar 2023 | ₹102.7b | ₹250.8b | ₹4.2b | 15.5x | 24.2x | 0.4x |
| Sun, 29 Jan 2023 | ₹96.8b | ₹242.6b | ₹4.2b | 19.8x | 23.2x | 0.4x |
| Tue, 27 Dec 2022 | ₹107.3b | ₹240.1b | ₹4.2b | 21.1x | 25.7x | 0.4x |
| Thu, 24 Nov 2022 | ₹112.7b | ₹240.1b | ₹4.2b | 22.1x | 27x | 0.5x |
| Sat, 22 Oct 2022 | ₹137.2b | ₹223.0b | ₹3.3b | 20x | 42x | 0.6x |
| Mon, 19 Sep 2022 | ₹147.8b | ₹223.0b | ₹3.3b | 18x | 45.3x | 0.7x |
| Wed, 17 Aug 2022 | ₹145.2b | ₹222.9b | ₹3.3b | 13.7x | 44.6x | 0.7x |
| Fri, 15 Jul 2022 | ₹147.2b | ₹207.4b | ₹3.0b | 18.6x | 48.6x | 0.7x |
Price to Earnings Ratio
48.6x
Current Industry PE
- Investors are optimistic on the Indian Human Resource and Employment Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 51.6x which is higher than its 3-year average PE of 32.4x.
- The industry is trading close to its 3-year average PS ratio of 0.50x.
Past Earnings Growth
- The earnings for companies in the Human Resource and Employment Services industry have declined 3.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian HR Services compare with similar industries?
| IN Market | -0.26% | |
| Industrials | -0.61% | |
| Professional Services | 0.32% | |
| HR Services | 3.09% | |
| Research and Consulting Services | 1.25% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DIGITIDE Digitide Solutions | ₹232.94 | 20.1% +₹5.8b | n/a | n/a | |
| QUESS Quess | ₹304.70 | 1.5% +₹677.7m | -51.3% | PE99.1x | |
| DYNAMIC Dynamic Services & Security | ₹153.70 | 7.1% +₹140.9m | -47.1% | PE12.5x | |
| AISL ANI Integrated Services | ₹94.50 | 3.4% +₹32.1m | -33.9% | PE10.9x | |
| SERVICE Service Care | ₹56.40 | 0.4% +₹2.3m | -2.0% | PE13x |