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Indian (NIFTY) HR Services Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies15
  • 7D-3.4%
  • 3M-14.2%
  • 1Y12.5%
  • YTDn/a

Over the last 7 days, the HR Services industry has dropped 5.1%, driven by TeamLease Services declining 7.4%. On the other hand Dynamic Services & Security is actually up 5.9%. Over the past 12 months, the industry was up 9.5%. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025₹161.0b₹341.4b₹5.9b23.9x27.5x0.5x
Mon, 30 Dec 2024₹177.7b₹329.2b₹5.6b32.5x31.9x0.5x
Wed, 27 Nov 2024₹172.4b₹329.2b₹5.6b32.4x30.9x0.5x
Fri, 25 Oct 2024₹179.7b₹317.6b₹5.3b29.4x33.8x0.6x
Sun, 22 Sep 2024₹206.8b₹317.5b₹5.3b31x39.1x0.7x
Tue, 20 Aug 2024₹179.6b₹317.5b₹5.3b23.4x33.9x0.6x
Thu, 18 Jul 2024₹163.0b₹309.1b₹4.8b26.5x34x0.5x
Sat, 15 Jun 2024₹159.7b₹309.1b₹4.8b21.6x33.3x0.5x
Mon, 13 May 2024₹170.0b₹302.4b₹4.8b23.5x35.1x0.6x
Wed, 10 Apr 2024₹156.3b₹297.4b₹4.2b19.1x37.5x0.5x
Fri, 08 Mar 2024₹140.6b₹297.4b₹4.2b19.2x33.7x0.5x
Sun, 04 Feb 2024₹140.4b₹297.4b₹4.2b19.4x33.7x0.5x
Tue, 02 Jan 2024₹148.8b₹289.3b₹4.4b17.5x33.6x0.5x
Thu, 30 Nov 2023₹134.5b₹289.3b₹4.4b16.6x30.4x0.5x
Sat, 28 Oct 2023₹118.4b₹279.7b₹4.1b16.9x28.6x0.4x
Mon, 25 Sep 2023₹121.6b₹279.8b₹4.1b20.7x29.4x0.4x
Wed, 23 Aug 2023₹113.4b₹279.9b₹4.2b16.5x27.2x0.4x
Fri, 21 Jul 2023₹117.4b₹268.2b₹4.2b15.6x28.2x0.4x
Sun, 18 Jun 2023₹111.5b₹260.5b₹3.9b14.1x28.7x0.4x
Tue, 16 May 2023₹99.8b₹251.1b₹4.3b17.8x23.4x0.4x
Thu, 13 Apr 2023₹97.1b₹251.0b₹4.2b17.5x22.9x0.4x
Sat, 11 Mar 2023₹101.7b₹251.0b₹4.2b15.6x23.9x0.4x
Mon, 06 Feb 2023₹99.7b₹250.4b₹4.3b16.2x23.4x0.4x
Wed, 04 Jan 2023₹109.1b₹240.1b₹4.2b20.9x26.1x0.5x
Fri, 02 Dec 2022₹114.6b₹240.1b₹4.2b21.9x27.5x0.5x
Sun, 30 Oct 2022₹135.6b₹223.0b₹3.3b20.2x41.5x0.6x
Tue, 27 Sep 2022₹148.7b₹223.0b₹3.3b16.8x45.6x0.7x
Thu, 25 Aug 2022₹146.1b₹222.9b₹3.3b13.8x44.9x0.7x
Sat, 23 Jul 2022₹153.2b₹207.4b₹3.0b18.9x50.6x0.7x
Mon, 20 Jun 2022₹146.8b₹207.4b₹3.0b20.5x48.5x0.7x
Wed, 18 May 2022₹154.0b₹193.7b₹1.5b41.7x100.7x0.8x
Fri, 15 Apr 2022₹169.0b₹193.7b₹1.5b42.1x109.5x0.9x
Sun, 13 Mar 2022₹145.7b₹193.7b₹1.5b25.8x94.5x0.8x
Tue, 08 Feb 2022₹186.5b₹184.4b₹1.1b27.4x172.2x1x
Price to Earnings Ratio

172.2x


Total Market Cap: ₹186.5bTotal Earnings: ₹1.1bTotal Revenue: ₹184.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian HR Services Industry Price to Earnings3Y Average 41.7x202320242025
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 27.2x which is lower than its 3-year average PE of 41.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have grown 76% per year over the last three years.
  • Revenues for these companies have grown 23% 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 Market0.93%
Industrials1.87%
Professional Services-3.18%
HR Services-3.41%
Research and Consulting Services-2.27%
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
DYNAMIC Dynamic Services & Security₹302.405.9%
+₹230.2m		148.6%PE36.2x
INFOLLION Infollion Research Services₹462.302.7%
+₹119.2m		105.9%PE43.6x
IPSL Integrated Personnel Services₹311.502.4%
+₹53.3m		68.4%PE37.9x
AARVI Aarvi Encon₹127.150.6%
+₹10.3m		-15.5%PE18.6x
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Latest News

TEAMLEASE

₹2,442.15

TeamLease Services

7D

-7.4%

1Y

-17.8%

QUESS

₹595.80

Quess

7D

-2.0%

1Y

20.6%

501370

₹156.80

Walchand PeopleFirst

7D

-9.5%

1Y

-21.4%

VINSYS

₹409.25

Vinsys IT Services India

7D

-0.2%

1Y

49.3%

These 4 Measures Indicate That Vinsys IT Services India (NSE:VINSYS) Is Using Debt Reasonably Well

Jan 28
These 4 Measures Indicate That Vinsys IT Services India (NSE:VINSYS) Is Using Debt Reasonably Well

SERVICE

₹67.05

Service Care

7D

-7.0%

1Y

13.6%

INFOLLION

₹462.30

Infollion Research Services

7D

2.7%

1Y

105.9%

DYNAMIC

₹302.40

Dynamic Services & Security

7D

5.9%

1Y

148.6%

SPECTSTM

₹160.55

Spectrum Talent Management

7D

-1.7%

1Y

53.3%

Spectrum Talent Management (NSE:SPECTSTM) Could Be Struggling To Allocate Capital

Nov 24
Spectrum Talent Management (NSE:SPECTSTM) Could Be Struggling To Allocate Capital

AARVI

₹127.15

Aarvi Encon

7D

0.6%

1Y

-15.5%

We Think That There Are More Issues For Aarvi Encon (NSE:AARVI) Than Just Sluggish Earnings

Nov 21
We Think That There Are More Issues For Aarvi Encon (NSE:AARVI) Than Just Sluggish Earnings

543806

₹573.10

Itcons E-Solutions

7D

-8.3%

1Y

1,231.2%

IPSL

₹311.50

Integrated Personnel Services

7D

2.4%

1Y

68.4%

What Integrated Personnel Services Limited's (NSE:IPSL) 31% Share Price Gain Is Not Telling You

Oct 29
What Integrated Personnel Services Limited's (NSE:IPSL) 31% Share Price Gain Is Not Telling You