Team Lease Services Ltd
Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance.
Its major business segments are:
- General staffing
- Specialized staffing
- HR Services
- Market Cap ₹ 2,302 Cr.
- Current Price ₹ 1,373
- High / Low ₹ 2,499 / 1,063
- Stock P/E 21.6
- Book Value ₹ 569
- Dividend Yield 0.00 %
- ROCE 11.9 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 31.1%
- Tax rate seems low
- Company has a low return on equity of 11.9% over last 3 years.
- Earnings include an other income of Rs.65.4 Cr.
* 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
Services Services Commercial Services & Supplies Diversified Commercial Services
Part of BSE Services BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,007 | 2,505 | 2,990 | 3,441 | 4,132 | 4,783 | 4,466 | 5,640 | 6,876 | 8,441 | 10,236 | 10,736 | |
| 1,985 | 2,479 | 2,960 | 3,390 | 4,059 | 4,709 | 4,402 | 5,555 | 6,799 | 8,356 | 10,147 | 10,654 | |
| Operating Profit | 22 | 26 | 30 | 51 | 73 | 75 | 64 | 86 | 77 | 85 | 89 | 82 |
| OPM % | 1% | 1% | 1% | 1% | 2% | 2% | 1% | 2% | 1% | 1% | 1% | 1% |
| 15 | 15 | 23 | 24 | 29 | 44 | 48 | -39 | 50 | 64 | 57 | 65 | |
| Interest | 0 | 1 | 1 | 1 | 2 | 9 | 6 | 4 | 5 | 8 | 11 | 9 |
| Depreciation | 3 | 3 | 4 | 4 | 3 | 15 | 15 | 18 | 23 | 32 | 37 | 40 |
| Profit before tax | 34 | 37 | 49 | 71 | 97 | 95 | 91 | 24 | 99 | 109 | 97 | 98 |
| Tax % | 5% | 35% | -1% | -3% | 0% | 56% | 8% | 7% | 2% | 3% | 1% | 1% |
| 32 | 24 | 50 | 73 | 97 | 42 | 84 | 22 | 97 | 106 | 96 | 97 | |
| EPS in Rs | 63.10 | 14.21 | 28.98 | 42.44 | 56.75 | 24.32 | 49.17 | 13.16 | 56.85 | 63.09 | 57.31 | 57.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 19% |
| 3 Years: | 16% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 5% |
| 3 Years: | 4% |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -16% |
| 3 Years: | -15% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 12% |
| 3 Years: | 12% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.51 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 147 | 293 | 341 | 416 | 512 | 552 | 637 | 661 | 760 | 746 | 844 | 937 |
| 0 | 19 | 0 | 0 | 0 | 109 | 21 | 53 | 86 | 82 | 73 | 76 | |
| 164 | 247 | 296 | 395 | 501 | 503 | 584 | 644 | 730 | 885 | 966 | 1,454 | |
| Total Liabilities | 311 | 577 | 655 | 828 | 1,029 | 1,181 | 1,259 | 1,376 | 1,593 | 1,730 | 1,900 | 2,484 |
| 3 | 9 | 6 | 4 | 7 | 47 | 28 | 38 | 89 | 95 | 90 | 136 | |
| CWIP | 4 | 0 | 0 | 0 | 3 | 11 | 14 | 16 | 15 | 7 | 29 | 0 |
| Investments | 2 | 2 | 109 | 202 | 210 | 287 | 374 | 374 | 528 | 337 | 365 | 498 |
| 302 | 566 | 539 | 622 | 809 | 835 | 843 | 948 | 961 | 1,291 | 1,415 | 1,850 | |
| Total Assets | 311 | 577 | 655 | 828 | 1,029 | 1,181 | 1,259 | 1,376 | 1,593 | 1,730 | 1,900 | 2,484 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34 | -11 | 30 | 72 | -15 | 9 | 258 | -37 | 83 | 82 | 96 | 259 | |
| -24 | -118 | -37 | -22 | 5 | -53 | 3 | -59 | -80 | 37 | -64 | -149 | |
| -1 | 157 | -1 | -1 | -2 | 0 | -38 | -14 | -19 | -147 | -34 | -33 | |
| Net Cash Flow | 9 | 28 | -7 | 48 | -12 | -44 | 223 | -110 | -17 | -28 | -1 | 76 |
| Free Cash Flow | 30 | -16 | 29 | 70 | -24 | -5 | 251 | -46 | 68 | 68 | 73 | 235 |
| CFO/OP | 147% | 59% | 153% | 231% | 78% | 100% | 221% | 14% | 215% | 141% | 108% | 167% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15 | 18 | 20 | 21 | 21 | 18 | 18 | 16 | 13 | 13 | 12 | 12 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 15 | 18 | 20 | 21 | 21 | 18 | 18 | 16 | 13 | 13 | 12 | 12 |
| Working Capital Days | -3 | -3 | -3 | -9 | -7 | -10 | -10 | -8 | -10 | -6 | -0 | 3 |
| ROCE % | 26% | 16% | 14% | 18% | 21% | 17% | 14% | 14% | 13% | 13% | 12% | 12% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Clients Count |
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| General Staffing Associate Headcount Number |
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| Degree Apprenticeship (NETAP) Headcount Number |
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| Specialized Staffing Headcount Number |
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Extracted by Screener AI
Documents
Announcements
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Teamlease - Stay Order Received From The Hon'Ble High Court Of Karnataka In Respect Of Show Cause Notice Received From Employees' Provident Fund Organisation (EPFO)
15h - TeamLease received Karnataka High Court stay order on May 20, 2026 against EPFO show-cause notice.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of Q4 FY26 earnings call held May 20, 2026 is now available online.
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Announcement under Regulation 30 (LODR)-Investor Presentation
1d - TeamLease: Investor Presentation on Financial Results for Q4FY26
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Navin Patil promoted to Head - Human Resources effective May 20, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Board approved re-appointment of three independent directors for five-year terms from June-July 2026.
Annual reports
Concalls
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May 2026TranscriptAI SummaryPPT
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Business Segments[1][2]
1) General Staffing & Allied Services (~92% of FY26 Operating Revenue):
The company offers staffing solutions, temporary recruitment, payroll, and NETAP.