Spectrum Talent Management Ltd
Incorporated in 2012, Spectrum Talent Management Ltd is in the business of Manpower supply, Recruitment and
related services and Trading of
Electronic Goods[1]
- Market Cap ₹ 314 Cr.
- Current Price ₹ 136
- High / Low ₹ 216 / 73.6
- Stock P/E 27.1
- Book Value ₹ 64.5
- Dividend Yield 0.00 %
- ROCE 9.46 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Diversified Industry: Diversified - Medium / Small
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 323 | 300 | 476 | 753 | 999 | 1,098 | |
| 314 | 295 | 461 | 730 | 990 | 1,090 | |
| Operating Profit | 9 | 5 | 16 | 22 | 9 | 9 |
| OPM % | 3% | 2% | 3% | 3% | 1% | 1% |
| 0 | 1 | 0 | 1 | 3 | 3 | |
| Interest | 0 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 2 | 1 | 1 |
| Profit before tax | 8 | 4 | 15 | 21 | 9 | 10 |
| Tax % | 19% | -5% | -1% | -27% | -18% | |
| 7 | 5 | 15 | 27 | 11 | 12 | |
| EPS in Rs | 14.36 | 9.52 | 39.84 | 15.09 | 4.77 | 5.02 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| TTM: | -46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 4 | 18 | 23 | 23 |
| Reserves | 10 | 10 | 19 | 37 | 122 | 126 |
| 4 | 6 | 15 | 4 | 1 | 14 | |
| 22 | 25 | 26 | 34 | 51 | 58 | |
| Total Liabilities | 41 | 46 | 63 | 93 | 197 | 221 |
| 2 | 0 | 3 | 3 | 7 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 5 | 3 | 2 | 2 | 16 |
| 38 | 40 | 58 | 87 | 188 | 197 | |
| Total Assets | 41 | 45 | 63 | 93 | 197 | 221 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 6 | 4 | -6 | 8 | -6 | |
| 0 | -5 | 1 | -1 | -5 | |
| -3 | -4 | 3 | -7 | 76 | |
| Net Cash Flow | 3 | -4 | -3 | 0 | 66 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 23 | 30 | 30 | 27 | 28 |
| Inventory Days | 7 | 7 | 2 | ||
| Days Payable | 3 | 0 | 1 | ||
| Cash Conversion Cycle | 23 | 30 | 34 | 34 | 28 |
| Working Capital Days | 6 | 8 | 22 | 21 | 22 |
| ROCE % | 22% | 51% | 45% | 9% |
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
22 April 2025 - Spectrum Talent Management Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) …
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General Updates
9 April 2025 - Warning letter from NSE for promoter PAN disclosure breach; company assures caution.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
4 April 2025 - Certificate under Reg 74(5) confirming no physical share certificates received for dematerialisation for Q4 FY25
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General Updates
28 March 2025 - Clarification on stock price movement; no undisclosed events affecting company performance
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Analysts/Institutional Investor Meet/Con. Call Updates
27 March 2025 - Virtual group investors meeting held; no unpublished price-sensitive information shared
Annual reports
Concalls
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Nov 2024Transcript PPT
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May 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jul 2023TranscriptNotesPPTREC
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Jul 2023TranscriptNotesPPT REC
Business Overview[1]
Spectrum Talent Management Ltd is a global manpower solutions provider offering services such as Recruitment Process Outsourcing, Global Search & Selection, Contract Staffing, IT Staffing, Apprentice Programs, and Managed Services.
It operates through 14 offices across India and the US, serving clients in over 30 countries. With a workforce of 33,461+ associates, a proprietary database of 800,000+ candidates, and expertise across 13+ sectors, supporting 400+ clients globally