Integrated Personnel Services (NSE:IPSL) Debt-to-Equity: 0.77 (As of Mar. 2026) — Near Median

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NSE:IPSL Integrated Personnel Services Ltd NSE:IPSL
74 GF Score
Price ₹216.00
GF Value ₹316.95
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Integrated Personnel Services Debt-to-Equity?

Integrated Personnel Services NSE:IPSL 74 Debt-to-Equity is 0.77 as of Mar. 2026, which is 7% below its 10-year median of 0.83. GuruFocus rates NSE:IPSL with a GF Score™ of 74/100 and a GF Value™ of ₹316.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 955 Business Services companies, Integrated Personnel Services ranks worse than 70.68% on this metric.

Integrated Personnel Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹475 Mil. Integrated Personnel Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹43 Mil. Integrated Personnel Services's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹671 Mil. Integrated Personnel Services's debt to equity for the quarter that ended in Mar. 2026 was 0.77.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Integrated Personnel Services's Debt-to-Equity or its related term are showing as below:

NSE:IPSL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61   Med: 0.83   Max: 2.12
Current: 0.77

During the past 7 years, the highest Debt-to-Equity Ratio of Integrated Personnel Services was 2.12. The lowest was 0.61. And the median was 0.83.

NSE:IPSL's Debt-to-Equity is ranked worse than
70.68% of 955 companies
in the Business Services industry
Industry Median: 0.33 vs NSE:IPSL: 0.77

Integrated Personnel Services  (NSE:IPSL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Integrated Personnel Services Debt-to-Equity Related Terms


Integrated Personnel Services Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Integrated Personnel Services's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Integrated Personnel Services Debt-to-Equity Chart

Integrated Personnel Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial 1.66 0.83 0.76 0.61 0.77

Integrated Personnel Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.76 0.86 0.61 0.76 0.77

NSE:IPSL vs KFY, RHI, TNET: Debt-to-Equity Comparison

For the Staffing & Employment Services subindustry, Integrated Personnel Services's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Integrated Personnel Services Debt-to-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Integrated Personnel Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Integrated Personnel Services's Debt-to-Equity falls into.


NSE:IPSL
74GF Score
Integrated Personnel Services Ltd NSE:IPSL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Integrated Personnel Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Integrated Personnel Services's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Integrated Personnel Services's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.77 mean?
Integrated Personnel Services (NSE:IPSL) has a Debt-to-Equity of 0.77 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Integrated Personnel Services and its competitors. This is near median its historical median of 0.83. Over the past decade, Integrated Personnel Services' Debt-to-Equity has ranged from 0.61 to 2.12. According to the industry distribution chart, Integrated Personnel Services ranks #675 out of 955 companies in the Business Services industry, placing it in the top 70.7%.
Is Integrated Personnel Services' Debt-to-Equity too high?
Integrated Personnel Services' current Debt-to-Equity of 0.77 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.12. The Business Services industry median Debt-to-Equity is 0.33. Integrated Personnel Services' value of 0.77 is 133.3% above this industry median. Based on the distribution chart, Integrated Personnel Services ranks #675 out of 955 companies in the Business Services industry, which is below the industry midpoint. Overall, Integrated Personnel Services has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Integrated Personnel Services' Debt-to-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, Integrated Personnel Services ranks #675 out of 955 companies for Debt-to-Equity. This places Integrated Personnel Services in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Integrated Personnel Services' value of 0.77 is 133.3% above this benchmark. Historically, Integrated Personnel Services' own Debt-to-Equity has ranged from 0.61 to 2.12 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.33, Integrated Personnel Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Integrated Personnel Services's current Debt-to-Equity of 0.77 is 133.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Integrated Personnel Services and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Integrated Personnel Services's current Debt-to-Equity is 0.77, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrated Personnel Services stock overvalued right now?
Based on GuruFocus' analysis, Integrated Personnel Services (NSE:IPSL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹316.95, compared to a current price of ₹216.00 — trading 31.9% below its estimated fair value. The current Debt-to-Equity is 0.77, which is near median its 10-year median of 0.83 and 133.3% above the Business Services industry median of 0.33. Integrated Personnel Services' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Integrated Personnel Services (NSE:IPSL), the current Debt-to-Equity is 0.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Integrated Personnel Services (NSE:IPSL) Overvalued in 2026?

Based on GuruFocus' analysis, Integrated Personnel Services stock appears to be undervalued. The current stock price of ₹216.00 is trading 31.9% below its estimated GF Value™ of ₹316.95. GuruFocus considers Integrated Personnel Services to be Significantly Undervalued.

Key valuation signals for NSE:IPSL:

  • Debt-to-Equity: 0.77 (near median its 10-year median of 0.83)
  • GF Value™: ₹316.95 vs. price of ₹216.00 (31.9% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 133.3% above the Business Services median (#675 of 955)

No single metric tells the full story. See the NSE:IPSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Integrated Personnel Services Business Description

Address 14, Whispering Palm, Shopping Center, Lokhandwala Complex, Kandivali (East), Mumbai, MH, IND, 400101
Integrated Personnel Services Ltd is an end to end human resource management company providing customized solutions to various corporates in India. The companies services includes temporary staffing solutions (flexi-staffing), permanent recruitment (executive search) services, specialized staff recruitment, outsourced recruitment processes and payroll management.
74GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹216.00
Price
₹316.95
GF Value