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Indian (NIFTY) HR Services Industry Analysis
UpdatedApr 25, 2025
DataAggregated Company Financials
Companies16
- 7D5.5%
- 3M-31.9%
- 1Y-34.0%
- YTDn/a
In the last week, the HR Services industry is up 8.9%, with Quess up 15%. Meanwhile, Spectrum Talent Management actually underperformed within the industry, shrinking 5.1% in the last week. In contrast, the industry has lost 34% in the last 12 months. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 25 Apr 2025 | ₹114.4b | ₹342.1b | ₹5.9b | 21.3x | 19.4x | 0.3x |
| Sun, 23 Mar 2025 | ₹160.8b | ₹342.0b | ₹5.9b | 20.5x | 27.4x | 0.5x |
| Tue, 18 Feb 2025 | ₹150.2b | ₹342.0b | ₹5.9b | 23.8x | 25.6x | 0.4x |
| Thu, 16 Jan 2025 | ₹169.0b | ₹329.2b | ₹5.6b | 29.6x | 30.3x | 0.5x |
| Sat, 14 Dec 2024 | ₹179.8b | ₹329.2b | ₹5.6b | 32.4x | 32.2x | 0.5x |
| Mon, 11 Nov 2024 | ₹181.7b | ₹327.2b | ₹5.5b | 34.5x | 33.1x | 0.6x |
| Wed, 09 Oct 2024 | ₹188.3b | ₹317.5b | ₹5.3b | 30.8x | 35.6x | 0.6x |
| Fri, 06 Sep 2024 | ₹199.8b | ₹317.5b | ₹5.3b | 25.8x | 37.7x | 0.6x |
| Sun, 04 Aug 2024 | ₹177.7b | ₹317.3b | ₹5.3b | 25.8x | 33.6x | 0.6x |
| Tue, 02 Jul 2024 | ₹165.0b | ₹309.1b | ₹4.8b | 22.7x | 34.4x | 0.5x |
| Thu, 30 May 2024 | ₹158.5b | ₹307.1b | ₹4.9b | 21.9x | 32.2x | 0.5x |
| Sat, 27 Apr 2024 | ₹169.4b | ₹297.4b | ₹4.2b | 23.6x | 40.6x | 0.6x |
| Mon, 25 Mar 2024 | ₹138.0b | ₹297.4b | ₹4.2b | 18.8x | 33.1x | 0.5x |
| Wed, 21 Feb 2024 | ₹148.5b | ₹297.4b | ₹4.2b | 20.2x | 35.6x | 0.5x |
| Fri, 19 Jan 2024 | ₹146.4b | ₹289.3b | ₹4.4b | 18.8x | 33x | 0.5x |
| Sun, 17 Dec 2023 | ₹135.7b | ₹289.3b | ₹4.4b | 16.1x | 30.6x | 0.5x |
| Tue, 14 Nov 2023 | ₹131.8b | ₹287.7b | ₹4.4b | 17.1x | 29.9x | 0.5x |
| Thu, 12 Oct 2023 | ₹123.1b | ₹279.8b | ₹4.1b | 16.8x | 29.7x | 0.4x |
| Sat, 09 Sep 2023 | ₹125.6b | ₹279.9b | ₹4.2b | 19.2x | 30.2x | 0.4x |
| Mon, 07 Aug 2023 | ₹114.3b | ₹278.5b | ₹4.0b | 19.2x | 28.7x | 0.4x |
| Wed, 05 Jul 2023 | ₹117.6b | ₹265.3b | ₹4.0b | 17x | 29.1x | 0.4x |
| Fri, 02 Jun 2023 | ₹105.1b | ₹259.9b | ₹3.8b | 15.6x | 28x | 0.4x |
| Sun, 30 Apr 2023 | ₹95.6b | ₹251.0b | ₹4.2b | 17.1x | 22.5x | 0.4x |
| Tue, 28 Mar 2023 | ₹95.0b | ₹251.0b | ₹4.2b | 15.1x | 22.4x | 0.4x |
| Thu, 23 Feb 2023 | ₹104.6b | ₹250.8b | ₹4.2b | 13.1x | 24.7x | 0.4x |
| Sat, 21 Jan 2023 | ₹104.1b | ₹240.1b | ₹4.2b | 21.1x | 24.9x | 0.4x |
| Mon, 19 Dec 2022 | ₹114.8b | ₹240.1b | ₹4.2b | 22x | 27.5x | 0.5x |
| Wed, 16 Nov 2022 | ₹117.7b | ₹239.5b | ₹4.2b | 22.6x | 28.3x | 0.5x |
| Fri, 14 Oct 2022 | ₹142.8b | ₹223.0b | ₹3.3b | 18.6x | 43.8x | 0.6x |
| Sun, 11 Sep 2022 | ₹152.3b | ₹222.9b | ₹3.3b | 14.9x | 46.8x | 0.7x |
| Tue, 09 Aug 2022 | ₹142.5b | ₹212.5b | ₹3.0b | 15.2x | 47x | 0.7x |
| Thu, 07 Jul 2022 | ₹148.7b | ₹207.4b | ₹3.0b | 19x | 49.1x | 0.7x |
| Sat, 04 Jun 2022 | ₹162.8b | ₹206.7b | ₹3.0b | 24.6x | 54.1x | 0.8x |
| Mon, 02 May 2022 | ₹174.3b | ₹193.7b | ₹1.5b | 52x | 114x | 0.9x |
Price to Earnings Ratio
114x
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 19.5x which is lower than its 3-year average PE of 35.1x.
- The industry is trading close to its 3-year average PS ratio of 0.52x.
Past Earnings Growth
- The earnings for companies in the Human Resource and Employment Services industry have grown 56% per year over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian HR Services compare with similar industries?
| IN Market | 2.30% | |
| Industrials | 2.11% | |
| Professional Services | 3.20% | |
| HR Services | 5.55% | |
| Research and Consulting Services | 3.92% | |
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 | |
|---|---|---|---|---|---|
| QUESS Quess | ₹349.25 | 6.3% +₹3.1b | -44.2% | PE14x | |
| TEAMLEASE TeamLease Services | ₹1.99k | 6.8% +₹2.1b | -39.4% | PE32.9x | |
| INFOLLION Infollion Research Services | ₹545.35 | 20.2% +₹887.7m | 150.4% | PE51.4x | |
| EMAPARTNER EMA Partners India | ₹120.20 | 10.6% +₹268.5m | n/a | PE18x | |
| DYNAMIC Dynamic Services & Security | ₹173.40 | 8.0% +₹177.3m | -23.8% | PE20.8x |
