Spectrum Talent Management Limited

Spectrum Talent Management Limited

NNSE:SPECTSTM
54.35
INR
-1.65
(-2.95%)
1.19BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
139.96
130.94
207.7
327.7
457.36
544.1
622.73
- -
Basic EPS, GAAP
2.93
2.06
6.72
12.04
5.29
3.13
5.31
- -
Free Cash Flow per Basic Share
1.83
2.19
-3.95
3.06
-4.41
-31
10.88
- -
Dividend per Share
0.09
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
6.5
6.5
10.19
24.17
63.48
69.1
74.53
74.53
Tangible Book Value per Share
6.43
6.46
10.15
24.14
63.45
68.59
71.88
71.88
Basic Weighted Avg Shares
23
23
23
23
22
23
23
23
Sales/Revenue/Turnover
3,232
3,024
4,796
7,568
10,023
12,565
14,381
- -
Operating Margin (%)
2.52
1.37
2.8
2.57
0.53
0.13
0.35
- -
Depreciation Expense
8
9
9
15
15
23
28
- -
Net Income, GAAP
68
48
155
278
116
72
123
- -
Effective Tax Rate (%)
19.01
- -
- -
- -
- -
11.54
- -
- -
Profit Margin (%)
2.09
1.58
3.24
3.68
1.16
0.58
0.85
- -
Working Capital
131
172
246
462
1,327
1,443
1,282
1,282
LT Debt
6
3
3
1
4
1
123
123
Total Equity
150
198
283
558
1,466
1,596
1,721
1,721
Return on Invested Capital (%)
- -
- -
- -
- -
- -
0.79
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
4.69
- -
- -
Return on Common Equity (%)
- -
31.74
80.58
70.13
11.45
4.73
7.39
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
350
310
181
LT Borrowings
1
131
123
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
3,801
2,254
1,189

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
2,322
2,300
2,219
Cash, Cash Equivalents & STI
115
431
43
Accounts Receivable, Net
968
1,186
1,062
Inventories
76
- -
50
Total Current Liabilities
879
965
937
Payables & Accruals
- -
- -
- -
ST Debt
350
310
181
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
63.95%
7.86%
Free Cash Flow
- -
-37.6%
-135.11%
Net Income, GAAP
- -
55.71%
69.36%
Sales/Revenue/Turnover
- -
37.73%
14.45%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
10,023
2025
- -
- -
12,565
2026
- -
- -
14,381

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5.29
2025
- -
- -
3.13
2026
- -
- -
5.31

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Atanu Banerjee
Full Time Employees
39,340
Sector
Commercial services
Industry
Personnel services
Address
Spectrum House, C-151 Noida India 201301
IPO Date
Jun 22, 2023
Business
Spectrum Talent Management Ltd (SPECTSTM.NS) is a leading global manpower solutions provider specializing in human resource services, including recruitment process outsourcing (RPO), global search and selection, permanent recruitment, contract staffing, IT staffing and staff augmentation, apprentice programs, managed services, payroll and compliance management, onboarding, flexible workforce solutions, employer of record (EOR) and professional employer organization (PEO) services, as well as value-added offerings such as accounts receivable management, procure-to-pay processes, brand assurance, and resource augmentation; the company also engages in trading electronic goods. It serves diverse sectors including information technology, logistics, telecom, retail, e-commerce, banking, financial services and insurance (BFSI), engineering, fast-moving consumer goods (FMCG), electrical and electronics, manufacturing, automobile, pharmaceuticals, and over 13 additional industries, catering to small startups, large multinational corporations, and more than 400 clients across 30+ countries. Founded in 2008 and headquartered in Noida, Uttar Pradesh, India, with its registered office in Delhi, the company operates 14 offices across India, the US, UK, and other locations, supported by a proprietary database of over 800,000 candidates and a workforce exceeding 33,000 associates. Recent developments include substantial headcount expansion with a 15.81% growth in managed employees during FY24, onboarding of 70 new clients, revenue increase to INR 1,270 crore in FY25 (up 25% year-over-year), a private placement funding announced for receipt on December 6, 2024, and listing on the National Stock Exchange (NSE) Emerge platform following its IPO in June 2023 comprising a fresh issue of 51.85 lakh equity shares and an offer for sale of 8.92 lakh shares; the company continues to scale staffing volumes at a 26% CAGR over the last three years and holds ISO certifications for quality, environmental, information security, and occupational health and safety management systems.