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 ₹ 4,871 Cr.
- Current Price ₹ 2,897
- High / Low ₹ 3,700 / 2,300
- Stock P/E 47.9
- Book Value ₹ 455
- Dividend Yield 0.00 %
- ROCE 12.8 %
- ROE 12.7 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 6.37 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 31.6%
- Tax rate seems low
- Company has a low return on equity of 12.8% over last 3 years.
- Earnings include an other income of Rs.63.2 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
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,249 | 1,529 | 2,007 | 2,505 | 2,990 | 3,441 | 4,132 | 4,783 | 4,466 | 5,640 | 6,876 | 8,441 | 8,869 | |
1,259 | 1,519 | 1,985 | 2,479 | 2,960 | 3,390 | 4,059 | 4,709 | 4,402 | 5,555 | 6,799 | 8,356 | 8,783 | |
Operating Profit | -10 | 11 | 22 | 26 | 30 | 51 | 73 | 75 | 64 | 86 | 77 | 85 | 86 |
OPM % | -1% | 1% | 1% | 1% | 1% | 1% | 2% | 2% | 1% | 2% | 1% | 1% | 1% |
10 | 9 | 15 | 15 | 23 | 24 | 29 | 44 | 48 | -39 | 50 | 64 | 63 | |
Interest | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 9 | 6 | 4 | 5 | 8 | 9 |
Depreciation | 4 | 2 | 3 | 3 | 4 | 4 | 3 | 15 | 15 | 18 | 23 | 32 | 33 |
Profit before tax | -4 | 18 | 34 | 37 | 49 | 71 | 97 | 95 | 91 | 24 | 99 | 109 | 107 |
Tax % | 0% | 0% | 5% | 35% | -1% | -3% | 0% | 56% | 8% | 7% | 2% | 3% | |
-4 | 18 | 32 | 24 | 50 | 73 | 97 | 42 | 84 | 22 | 97 | 106 | 105 | |
EPS in Rs | -8.30 | 35.08 | 63.10 | 14.21 | 28.98 | 42.44 | 56.75 | 24.32 | 49.17 | 13.16 | 56.85 | 63.09 | 62.66 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 15% |
3 Years: | 24% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 0% |
3 Years: | 6% |
TTM: | -2% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -1% |
3 Years: | -15% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 12% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 99 | 117 | 147 | 293 | 341 | 416 | 512 | 552 | 637 | 661 | 760 | 746 |
12 | 1 | 0 | 19 | 0 | 0 | 0 | 109 | 21 | 53 | 86 | 82 | |
111 | 123 | 164 | 247 | 296 | 395 | 501 | 503 | 584 | 644 | 730 | 885 | |
Total Liabilities | 223 | 242 | 311 | 577 | 655 | 828 | 1,029 | 1,181 | 1,259 | 1,376 | 1,593 | 1,730 |
6 | 6 | 3 | 9 | 6 | 4 | 7 | 47 | 28 | 38 | 89 | 95 | |
CWIP | 0 | 0 | 4 | 0 | 0 | 0 | 3 | 11 | 14 | 16 | 15 | 7 |
Investments | 2 | 2 | 2 | 2 | 109 | 202 | 210 | 287 | 374 | 374 | 528 | 337 |
214 | 233 | 302 | 566 | 539 | 622 | 809 | 835 | 843 | 948 | 961 | 1,291 | |
Total Assets | 223 | 242 | 311 | 577 | 655 | 828 | 1,029 | 1,181 | 1,259 | 1,376 | 1,593 | 1,730 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-9 | 16 | 34 | -11 | 30 | 72 | -15 | 9 | 258 | -37 | 83 | 82 | |
6 | -35 | -24 | -118 | -37 | -22 | 5 | -53 | 3 | -59 | -80 | 37 | |
4 | -11 | -1 | 157 | -1 | -1 | -2 | 0 | -38 | -14 | -19 | -147 | |
Net Cash Flow | 2 | -30 | 9 | 28 | -7 | 48 | -12 | -44 | 223 | -110 | -17 | -28 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 18 | 14 | 15 | 18 | 20 | 21 | 21 | 18 | 18 | 16 | 13 | 13 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 18 | 14 | 15 | 18 | 20 | 21 | 21 | 18 | 18 | 16 | 13 | 13 |
Working Capital Days | 0 | 1 | -3 | -0 | -3 | -9 | -7 | -4 | -9 | -6 | -8 | -7 |
ROCE % | 2% | 16% | 26% | 16% | 14% | 18% | 21% | 17% | 14% | 14% | 13% | 13% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9 Oct - TeamLease - Conference Call with Investors on Q2FY25 Results
-
Board Meeting Intimation for Teamlease - Intimation Of Q2 Board Meeting For Financial Year 24-25
9 Oct - Q2 Board Meeting scheduled for November 06, 2024.
-
Closure of Trading Window
25 Sep - Closure of trading window from October 1 to November 8, 2024.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 20 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 20 Sep
Annual reports
Concalls
-
Aug 2024Transcript PPT
-
Jul 2024TranscriptNotesPPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Jul 2023Transcript PPT REC
-
May 2023Transcript PPT
-
Jan 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Jul 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Nov 2021TranscriptNotesPPT
-
Sep 2021TranscriptPPT
-
Aug 2021Transcript PPT
-
Jul 2021TranscriptPPT
-
Jun 2021Transcript PPT
-
Jan 2021TranscriptNotesPPT
-
Jan 2021TranscriptNotesPPT
-
Nov 2020Transcript PPT
-
Jul 2020Transcript PPT
-
Jun 2020TranscriptPPT
-
Jan 2020Transcript PPT
-
Nov 2019Transcript PPT
-
Jul 2019Transcript PPT
-
May 2019Transcript PPT
-
Jan 2019Transcript PPT
-
Oct 2018TranscriptNotesPPT
-
Oct 2018Transcript PPT
-
Jul 2018Transcript PPT
-
May 2018TranscriptNotesPPT
-
Jan 2018TranscriptNotesPPT
-
Jan 2018Transcript PPT
-
Nov 2017Transcript PPT
-
Aug 2017TranscriptPPT
-
May 2017TranscriptPPT
-
Feb 2017Transcript PPT
-
Nov 2016TranscriptNotesPPT
-
Nov 2016Transcript PPT
-
May 2016TranscriptPPT
Overview[1]
TeamLease Services is one of India’s leading HR company. TeamLease also operates India’s first Vocational University and India’s fastest growing PPP Degree Apprenticeship Program. In FY15, company rolled out DA (Degree Apprenticeship ) to provide on-the-job training to apprentices.