About
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.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,739.00 | 2,625.00 | 2,720.00 | 2,750.00 | 2,640.00 | 2,592.00 | 2,686.00 | 2,576.00 | 2,383.00 | 2,212.00 | 2,222.00 | 2,052.00 | 1,954.00 |
| Expenses | 2,723.00 | 2,609.00 | 2,700.00 | 2,728.00 | 2,617.00 | 2,570.00 | 2,661.00 | 2,554.00 | 2,362.00 | 2,189.00 | 2,199.00 | 2,033.00 | 1,935.00 |
| Operating Profit | 16.00 | 16.00 | 20.00 | 22.00 | 24.00 | 21.00 | 25.00 | 22.00 | 21.00 | 23.00 | 23.00 | 20.00 | 19.00 |
| OPM % | 0.60 | 0.60 | 0.80 | 0.80 | 0.90 | 0.80 | 0.90 | 0.90 | 0.90 | 1.00 | 1.00 | 1.00 | 1.00 |
| Other Income | 22.00 | 20.00 | 21.00 | 12.00 | 13.00 | 13.00 | 13.00 | 13.00 | 17.00 | 11.00 | 18.00 | 17.00 | 18.00 |
| Depreciation | 10.00 | 11.00 | 10.00 | 10.00 | 9.00 | 10.00 | 9.00 | 9.00 | 9.00 | 8.00 | 8.00 | 8.00 | 7.00 |
| Interest | 3.00 | 2.00 | 2.00 | 3.00 | 2.00 | 3.00 | 2.00 | 4.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 25.00 | 23.00 | 29.00 | 21.00 | 25.00 | 22.00 | 26.00 | 22.00 | 27.00 | 24.00 | 30.00 | 27.00 | 28.00 |
| Tax % | 3.00 | 6.00 | -1.00 | 0.00 | -1.00 | 5.00 | 0.00 | 1.00 | 0.00 | 0.00 | 3.00 | 6.00 | 2.00 |
| Net Profit | 24.00 | 22.00 | 30.00 | 21.00 | 25.00 | 21.00 | 26.00 | 22.00 | 27.00 | 24.00 | 29.00 | 25.00 | 27.00 |
| EPS in Rs | 14.49 | 12.82 | 17.78 | 12.59 | 14.80 | 12.49 | 15.64 | 13.27 | 15.91 | 14.27 | 17.37 | 15.11 | 16.35 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,736.00 | 10,236.00 | 8,441.00 | 6,876.00 | 5,640.00 | 4,466.00 | 4,783.00 | 4,132.00 | 3,441.00 | 2,990.00 | 2,505.00 | 2,007.00 |
| Expenses | 10,654.00 | 10,147.00 | 8,356.00 | 6,799.00 | 5,555.00 | 4,402.00 | 4,709.00 | 4,059.00 | 3,390.00 | 2,960.00 | 2,479.00 | 1,985.00 |
| Operating Profit | 82.00 | 89.00 | 85.00 | 77.00 | 86.00 | 64.00 | 75.00 | 73.00 | 51.00 | 30.00 | 26.00 | 22.00 |
| OPM % | 0.80 | 0.90 | 1.00 | 1.10 | 1.50 | 1.40 | 1.60 | 1.80 | 1.50 | 1.00 | 1.00 | 1.10 |
| Other Income | 65.00 | 57.00 | 64.00 | 50.00 | -39.00 | 48.00 | 44.00 | 29.00 | 24.00 | 23.00 | 15.00 | 15.00 |
| Interest | 9.00 | 11.00 | 8.00 | 5.00 | 4.00 | 6.00 | 9.00 | 2.00 | 1.00 | 1.00 | 1.00 | 0.00 |
| Depreciation | 40.00 | 37.00 | 32.00 | 23.00 | 18.00 | 15.00 | 15.00 | 3.00 | 4.00 | 4.00 | 3.00 | 3.00 |
| Profit before tax | 98.00 | 97.00 | 109.00 | 99.00 | 24.00 | 91.00 | 95.00 | 97.00 | 71.00 | 49.00 | 37.00 | 34.00 |
| Tax % | 1.00 | 1.00 | 3.00 | 2.00 | 7.00 | 8.00 | 56.00 | 0.00 | -3.00 | -1.00 | 35.00 | 5.00 |
| Net Profit | 97.00 | 96.00 | 106.00 | 97.00 | 22.00 | 84.00 | 42.00 | 97.00 | 73.00 | 50.00 | 24.00 | 32.00 |
| EPS in Rs | 57.98 | 57.31 | 63.09 | 56.85 | 13.16 | 49.17 | 24.32 | 56.75 | 42.44 | 28.98 | 14.21 | 63.10 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 0.51 |
| Reserves | 937.00 | 844.00 | 746.00 | 760.00 | 661.00 | 637.00 | 552.00 | 512.00 | 416.00 | 341.00 | 293.00 | 147.00 |
| Borrowings | 76.00 | 73.00 | 82.00 | 86.00 | 53.00 | 21.00 | 109.00 | 0.00 | 0.00 | 0.00 | 19.00 | 0.00 |
| Other Liabilities | 1,454.00 | 966.00 | 885.00 | 730.00 | 644.00 | 584.00 | 503.00 | 501.00 | 395.00 | 296.00 | 247.00 | 164.00 |
| Total Liabilities | 2,484.00 | 1,900.00 | 1,730.00 | 1,593.00 | 1,376.00 | 1,259.00 | 1,181.00 | 1,029.00 | 828.00 | 655.00 | 577.00 | 311.00 |
| Fixed Assets | 124.00 | 90.00 | 95.00 | 89.00 | 38.00 | 28.00 | 47.00 | 7.00 | 4.00 | 6.00 | 9.00 | 3.00 |
| CWIP | 11.00 | 29.00 | 7.00 | 15.00 | 16.00 | 14.00 | 11.00 | 3.00 | 0.00 | 0.00 | 0.00 | 4.00 |
| Investments | 498.00 | 365.00 | 337.00 | 528.00 | 374.00 | 374.00 | 287.00 | 210.00 | 202.00 | 109.00 | 2.00 | 2.00 |
| Other Assets | 1,850.00 | 1,415.00 | 1,291.00 | 961.00 | 948.00 | 843.00 | 835.00 | 809.00 | 622.00 | 539.00 | 566.00 | 302.00 |
| Total Assets | 2,484.00 | 1,900.00 | 1,730.00 | 1,593.00 | 1,376.00 | 1,259.00 | 1,181.00 | 1,029.00 | 828.00 | 655.00 | 577.00 | 311.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 259.00 | 96.00 | 82.00 | 83.00 | -37.00 | 258.00 | 9.00 | -15.00 | 72.00 | 30.00 | -11.00 | 34.00 |
| Cash from Investing Activity | -149.00 | -64.00 | 37.00 | -80.00 | -59.00 | 3.00 | -53.00 | 5.00 | -22.00 | -37.00 | -118.00 | -24.00 |
| Cash from Financing Activity | -33.00 | -34.00 | -147.00 | -19.00 | -14.00 | -38.00 | 0.00 | -2.00 | -1.00 | -1.00 | 157.00 | -1.00 |
| Net Cash Flow | 76.00 | -1.00 | -28.00 | -17.00 | -110.00 | 223.00 | -44.00 | -12.00 | 48.00 | -7.00 | 28.00 | 9.00 |
| Free Cash Flow | 235.00 | 73.00 | 68.00 | 68.00 | -46.00 | 251.00 | -5.00 | -24.00 | 70.00 | 29.00 | -16.00 | 30.00 |
| CFO/OP % | 167.00 | 108.00 | 141.00 | 215.00 | 14.00 | 221.00 | 100.00 | 78.00 | 231.00 | 153.00 | 59.00 | 147.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 12.00 | 12.00 | 13.00 | 13.00 | 16.00 | 18.00 | 18.00 | 21.00 | 21.00 | 20.00 | 18.00 | 15.00 |
| Cash Conversion Cycle | 12.00 | 12.00 | 13.00 | 13.00 | 16.00 | 18.00 | 18.00 | 21.00 | 21.00 | 20.00 | 18.00 | 15.00 |
| Working Capital Days | -1.00 | 0.00 | -6.00 | -10.00 | -8.00 | -10.00 | -10.00 | -7.00 | -9.00 | -3.00 | -3.00 | -3.00 |
| ROCE % | 11.00 | 12.00 | 13.00 | 13.00 | 14.00 | 14.00 | 17.00 | 21.00 | 18.00 | 14.00 | 16.00 | 26.00 |
Corporate Actions
6 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 03 Jul 2026 | 03 Jul 2026 | — | — | Buy Back of Shares |
| Other | 03 Jul 2026 | 03 Jul 2026 | — | — | Buy Back |
| Other | 03 Apr 2023 | 03 Apr 2023 | — | — | Buy Back of Shares |
| Other | 03 Apr 2023 | 03 Apr 2023 | — | — | Buy Back |
| Other | 29 Jun 2017 | — | — | — | Annual General Meeting |
| Other | 25 Jul 2016 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update29 Jun from crisil
-
Rating update15 May from crisil
-
Rating update7 May from crisil
-
Rating update30 Jan from icra
-
Rating update17 Apr 2025 from crisil
-
Rating update19 Nov 2024 from icra
Conference Calls
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- PPT
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript
- Transcript