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TeamLease Services Limited TEAMLEASE NSEINFRA

Industrials · Staffing & Employment Services · India
https://group.teamlease.com

TeamLease Services Limited engages in human resource services in India and internationally. The company provides temporary and permanent staffing, consulting, IT infrastructure management, offshore development and testing center, information technology, ITES/BPO/call center/KPO/RPO, and medical transcription; IT telecom recruitment, consulting and training, NOC and global NOC, telecom integration and radio frequency, telecom and ISP, marketing/advertising/public relations, and entertainment/ media/journalism; and contractual staffing, payroll support services, HR administrative solutions, banking, financial services, and insurance services. It offers consumer goods and durables/home appliances, consumer products/FMCG, and healthcare/para-medical services; automobile/automotive/ auto components, engineering/procurement and construction, and infrastructure/ utilities; and retail and ecommerce, hospitality, hotels, resorts, restaurants, transportations, agriculture/forestry, dairy/poultry/fishery, and fertilizers/chemicals/paints. In addition, the company provides laptop, desktop, tab, and wi-fi; internet and email software; personal protect equipment, such as gloves, masks, uniforms and shoes, and helmet; desk and cab services; office space, IT/data security, and housekeeping; personal and office sanitization; and BGC and medical check up services. Further, it provides recruitment solutions, including permanent placement and campus hiring; vocational and higher education; online learning and apprenticeships; corporate training; regulatory compliance; HR technology platforms; and infrastructure and asset management services. It serves financial services, consumer, industrial, electronics, telecom, technology, healthcare, agriculture, chemicals, retail, ecommerce, and logistics and transportation industries. TeamLease Services Limited was incorporated in 2000 and is headquartered in Bengaluru, India.

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₹1,381.60
-28.85% 1Y

Market & Price

Market Cap
₹2,316.12 Cr
Current Price
₹1,381.60
High / Low (52W)
₹2,059.60 / ₹1,091.50
Beta
-0.01

Valuation

Stock P/E
416.14
Industry PE
27.78
Forward P/E
12.64
PEG Ratio
-
Book Value
₹572.26
Price to Book
2.41
P/S
0.20
EV/EBITDA
12.49
Dividend Yield
-

Profitability & Returns

ROCE
11.08%
ROE
14.26%
ROA
2.54%
Profit Margin
1.18%
Op Margin
1.05%
EPS (Latest Qtr)
₹26.18
EPS (TTM)
₹3.32

Balance Sheet & Liquidity

Debt/Equity
0.11
Quick Ratio
0.98
Current Ratio
1.45
Debt
₹116.27 Cr
Total Assets
₹2,800.48 Cr
Current Assets
₹1,912.50 Cr
Working Capital
₹596.69 Cr

Ownership

Promoter Holding
32.55%
Chg in Prom Hold
-
FII / Inst Holding
50.36%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹1,959.43 Cr
Total Revenue (TTM)
₹11,790.67 Cr
EBITDA
₹156.91 Cr
Free Cash Flow
₹-178.66 Cr
Operating Cash Flow
₹301.80 Cr
Shares Outstanding
₹1.68 Cr
Gross Margin
2.54%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
14.47%
Profit 5Y
7.85%
Revenue (YoY)
2.30%
Earnings (YoY)
25.60%

PROS

  • Compounding revenue at 14.5% over 5 years.

CONS

  • Trading at a high P/E of 416.1.
  • Trading 32.9% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 TEAMLEASE TeamLease Services Limited NSEINFRA 1,381.60 416.14 ₹2,316.12 Cr - 11.08% 14.26% 14.47% 7.85%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue -2,921.27 Cr2,857.92 Cr2,891.40 Cr3,012.95 Cr2,924.87 Cr
Cost of Revenue -2,852.36 Cr2,772.18 Cr2,824.13 Cr2,933.90 Cr2,844.56 Cr
Gross Profit -68.91 Cr85.74 Cr67.27 Cr79.05 Cr80.31 Cr
Operating Expenses -47.33 Cr51.50 Cr50.20 Cr50.50 Cr49.44 Cr
Operating Income -21.58 Cr34.24 Cr17.07 Cr28.55 Cr30.87 Cr
EBITDA -45.13 Cr57.27 Cr43.58 Cr60.56 Cr69.62 Cr
Interest Expense -3.24 Cr4.17 Cr3.74 Cr3.41 Cr3.14 Cr
Pretax Income -28.56 Cr39.80 Cr26.26 Cr43.39 Cr51.61 Cr
Tax Provision -19.00 L1.96 Cr1.25 Cr91.00 L5.56 Cr
Net Income -28.43 Cr34.96 Cr26.54 Cr41.72 Cr43.91 Cr
Diluted EPS -16.9520.8015.8324.8826.18

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -7,859.93 Cr9,312.03 Cr11,155.87 Cr11,790.67 Cr
Cost of Revenue -7,104.34 Cr8,473.05 Cr10,878.90 Cr11,490.58 Cr
Gross Profit -755.59 Cr838.98 Cr276.97 Cr300.09 Cr
Operating Expenses -625.70 Cr707.20 Cr192.56 Cr199.51 Cr
Operating Income -129.89 Cr131.78 Cr84.41 Cr100.58 Cr
EBITDA -163.88 Cr180.49 Cr182.98 Cr220.89 Cr
Interest Expense -5.69 Cr10.23 Cr14.80 Cr14.29 Cr
Pretax Income -115.03 Cr117.73 Cr114.50 Cr150.27 Cr
Tax Provision -3.48 Cr5.07 Cr4.03 Cr8.89 Cr
Net Income -111.34 Cr112.15 Cr108.76 Cr139.69 Cr
Diluted EPS -65.0066.6564.863.30

Compounded Sales Growth

5 Years:14.47%
1 Year:2.30%

Compounded Profit Growth

5 Years:7.85%
1 Year:25.60%

Stock Price Performance

1 Year:-28.85%
6 Months:-16.67%
3 Months:+6.20%
1 Month:+12.64%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -1,767.78 Cr1,936.87 Cr2,144.60 Cr2,800.48 Cr
Current Assets -1,098.03 Cr1,236.15 Cr1,352.90 Cr1,912.50 Cr
Cash & Equivalents -149.44 Cr168.06 Cr94.90 Cr169.75 Cr
Inventory -----
Receivables -380.27 Cr449.58 Cr491.25 Cr544.66 Cr
Total Liabilities -947.30 Cr1,125.62 Cr1,221.65 Cr1,740.64 Cr
Current Liabilities -756.60 Cr951.78 Cr1,034.68 Cr1,315.81 Cr
Long Term Debt -----
Total Debt -100.12 Cr104.81 Cr118.06 Cr116.27 Cr
Total Equity -807.63 Cr798.02 Cr908.80 Cr1,043.30 Cr
Shares Outstanding -1.71 Cr1.68 Cr1.68 Cr1.68 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -126.24 Cr117.83 Cr104.38 Cr301.80 Cr
Investing Cash Flow --123.15 Cr40.95 Cr-147.52 Cr-175.09 Cr
Financing Cash Flow --24.36 Cr-151.35 Cr-35.03 Cr-42.33 Cr
Capital Expenditure --19.57 Cr-20.53 Cr-30.99 Cr-29.45 Cr
Free Cash Flow -106.67 Cr97.30 Cr73.39 Cr272.35 Cr
Net Change in Cash --21.27 Cr7.43 Cr-78.17 Cr84.38 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -9.6%9.0%2.5%2.5%
Operating Margin % -1.7%1.4%0.8%0.9%
Net Margin % -1.4%1.2%1.0%1.2%
ROE % -13.8%14.1%12.0%13.4%
ROCE % -12.8%13.4%7.6%6.8%

Shareholding Pattern

Insiders
32.55%
Institutions
50.36%
Public Float
74.66%

Analyst View

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