Teamlease Services Ltd.

NSE: TEAMLEASE · Diversified Commercial Services · sector

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₹1,051.80NSE close 2026-10-27

Key numbers

Market cap₹1,764 cr

Price₹1,051.80

52w high / low₹1,872 / ₹1,052

P/E11.9xSector median 13.4x

P/B1.7xSector median 1.7x

Book value₹622.1

Dividend yield–Sector median 1.71%

ROE15.2%Sector median 5.0%

ROCE16.1%Sector median 8.1%

OPM1.3%Sector median 15.0%

Debt / equity0.03xSector median 0.07x

EV/EBITDA8.6xSector median 8.1x

Interest cover12.2x

Current ratio1.45x

Sales growth 3y+14.4%Sector median +12.9%

Profit growth 3y+7.8%Sector median +19.9%

PEG1.39x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 95 companies in Diversified Commercial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹491 cr vs borrowings ₹34 cr (FY26): cash is higher (net cash).
Operating profit covered interest 12.2x in the last 12 months.
1.65% of the promoters' shares are pledged (0.6% of all shares).
Promoter holding rose by 2.18 percentage points in a year, to 33.29% (2026-09-30).
Operating cash flow was below net profit in 2 of the last 5 years (FY25, FY22).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 52% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹1,051.80 on 2026-10-27: -43.8% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹3,130.85 · low ₹1,051.80

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	2,797	2,921	2,858	2,891	3,032	3,013	2,925	3,035
EBITDA	33	35	47	31	38	37	46	31
OPM %	1.2%	1.2%	1.7%	1.1%	1.3%	1.2%	1.6%	1.0%
Other income	11	10	10	13	9	24	24	22
Net profit	25	28	35	27	28	42	44	35
EPS (₹)	14.66	16.95	20.85	15.83	16.41	24.88	26.18	20.79
Revenue YoY					+8.4%	+3.1%	+2.3%	+5.0%
Profit YoY					+12.0%	+46.7%	+25.6%	+31.4%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	6,480	7,870	9,322	11,156	11,791	12,005
EBITDA	71	120	134	138	151	152
Net profit	38	111	112	109	140	148
EPS (₹)	22.48	65.12	66.65	64.86	83.30	88.26
Revenue growth		+21.5%	+18.4%	+19.7%	+5.7%	+4.7%
Profit growth		+189.7%	+0.7%	-3.0%	+28.4%	+29.3%
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+14.4%	+19.3%	+4.7%
Net profit	+7.9%	+12.5%	+29.3%
EPS	+8.6%	+12.9%	–
Share price	–	-39.3% (2y)	-37.2%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	808	798	907	1,043
Borrowings	–	19	105	45	34
Cash & equivalents	–	439	421	241	491
Total assets	–	1,768	1,937	2,145	2,800
Fixed assets	–	11	80	77	90
Capital work in progress	–	0	0	0	0
Investments	–	3	3	13	0
Receivables	–	536	450	491	798
Inventory	–	0	0	0	0
Payables	–	45	62	70	79

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	-6	126	118	104	302
Cash from investing	-88	-123	41	-148	-175
Cash from financing	-13	-24	-151	-35	-42
Capex	13	20	21	31	29
Free cash flow	-20	107	97	73	272

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	13.8%	14.1%	12.0%	13.4%
ROCE %	–	14.6%	14.2%	13.6%	15.2%
Debtor days	–	25	18	16	25
Inventory days	–	0	0	0	0
Payable days	–	2	2	2	2
Cash conversion cycle (days)	–	23	16	14	23
Working capital days	–	16	11	10	18

Shareholding

Holder (% of shares)	Dec 2025	Mar 2026	Jun 2026	Sep 2026	Change since Dec 2025
Promoters	31.11%	–	31.11%	33.29%	+2.18 pts
FIIs	6.35%	–	6.95%	8.31%	+1.96 pts
DIIs	49.84%	–	47.80%	43.35%	-6.49 pts
of which Mutual funds	44.81%	–	39.12%	34.60%	-10.21 pts
of which Insurance	4.18%	–	4.34%	4.43%	+0.25 pts
Public (non-institutions)	12.67%	–	14.11%	15.02%	+2.35 pts
No. of shareholders	29,276	–	47,581	28,187	-3.7%

PromotersFIIsDIIsPublic (non-institutions)

Promoter group	%
HR Offshoring Ventures PTE Ltd	25.27%
NED Consultants LLP	7.15%
Hansini Management Consultant Private Limited	0.86%
MKS Management Consultancy Services LLP	0.00%

Public holders above 1%	%
Nippon Life India Trustee Ltd-a/c Nippon India Multi CAP Fund	8.26%
Franklin India Flexi CAP Fund	6.90%
Mirae Asset Multicap Fund	6.84%
Bajaj Life Insurance Limited	4.43%
ICICI Prudential Conservative Hybrid Fund	3.55%
HDFC Trustee Company Limited - HDFC TAX Saverfund	2.66%
Uti-mnc Fund	2.40%
Bandhan Multi CAP Fund	2.12%
NEW Mark Capital AIF LLP	1.85%
SBI Innovative Opportunities Fund	1.20%
Vanguard Total International Stock Index Fund	1.09%
Vanguard Emerging Markets Stock Index Fund, A Series of Vanguard International Equity Index Funds	1.05%
Rohini Nilekani	1.00%

28,187 shareholders. Pledged: 1.65% of promoter shares.

From the company's quarterly shareholding-pattern filings on the exchange (NSE/BSE), latest as of Sep 2026. "pts" = percentage points; the number of shareholders is as filed by the company. No filing on our file for Mar 2026 (shown as –).

Peers in Diversified Commercial Services

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
IGIL	₹16,964 cr	25.5x	9.7x	44.5%	51.7%	61.5%	–	1.90%
WEWORK	₹8,677 cr	99.5x	29.1x	28.3%	111.2%	64.6%	–	–
IBULLSLTD	₹7,224 cr	17.2x	2.3x	29.9%	–	–	+1,864.0%	–
NESCO	₹6,941 cr	16.7x	2.3x	14.8%	18.3%	50.8%	+19.5%	0.66%
NIRLON	₹5,680 cr	15.9x	12.1x	86.5%	29.8%	77.5%	+5.3%	4.12%
RENTOMOJO	₹5,587 cr	–	–	–	–	–	–	–
LEAPIND	₹5,452 cr	–	3.6x	–	–	–	–	–
SMARTWORKS	₹5,358 cr	192.2x	10.1x	5.2%	56.6%	64.2%	–	–
QUESS	₹4,830 cr	19.1x	4.1x	22.4%	27.2%	2.0%	-3.7%	–
TEAMLEASE	₹1,764 cr	11.9x	1.7x	15.2%	16.1%	1.3%	+14.4%	–

All 95 companies in Diversified Commercial Services →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
General Staffing	₹10,880 cr	92.3%	₹106 cr	1.0%
Specialised Staffing	₹669 cr	5.7%	₹48 cr	7.1%
Other HR Services	₹242 cr	2.0%	₹-4 cr	-1.8%

Dividends & corporate actions

Ex-date	Action	Detail
2026-07-03	Buyback	Buy Back
2023-04-03	Buyback	Buy Back
2017-06-29	Other	Annual General Meeting
2016-07-25	Other	Annual General Meeting

Latest filings

23 Oct 2026
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
TeamLease - Intimation on receipt of Order dated October 22, 2026 passed by the Hon ble High Court of Gujarat on the Interlocutory Application (IA) filed by TeamLease Skills University (TLSU)
14 Oct 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Teamlease Services Limited has informed the Exchange about Schedule of meet
13 Oct 2026
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
TeamLease - Receipt of Show Cause Notice from the Department of Commercial Taxes, Government of Karnataka under Section 73(1) of the Karnataka Goods and Services Tax Act, 2017 ( KGST Act ) and the Central Goods and…
7 Oct 2026
Shareholders meeting
Teamlease Services Limited has informed the Exchange regarding Notice of Postal Ballot
5 Oct 2026
General Updates
Intimation on Environmental, Social and Governance (ESG) ratings by Crisil ESG Ratings & Analytics Limited
28 Sep 2026
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
TeamLease Update on hearing date in respect of appeal filed with Hon ble High Court of Gujarat by TeamLease Skills University (TLSU), pursuant to receipt of Order from Employees Provident Fund Organisation (EPFO)
25 Sep 2026
General Updates
TeamLease Intimation on Environmental, Social and Governance (ESG) Ratings by SES ESG Research Pvt. Ltd.
24 Sep 2026
General Updates
TeamLease - Intimation on incorporation of a step-down wholly owned foreign subsidiary of the Company in the United States of America
22 Sep 2026
General Updates
TeamLease Extinguishment of 1,200 Equity Shares pursuant to Buyback by Joint Venture Company, Crystal HR and Security Solutions Private Limited ( Crystal HR )
18 Sep 2026
Shareholders meeting
TeamLease - Intimation of the proceedings of Twenty Sixth (26th) Annual General Meeting (AGM) and Disclosure of Voting Results
3 Sep 2026
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
TeamLease: Update on hearing date in respect of appeal filed with Hon ble High Court of Gujarat by TeamLease Skills University (TLSU), pursuant to receipt of Order from Employees Provident Fund Organisation (EPFO)
31 Aug 2026
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
TeamLease - Change in hearing date in respect of Writ Petition filed on June 12, 2026, before the Hon ble High Court of Karnataka
26 Aug 2026
Shareholders meeting
TeamLease - Notice and Annual Report of Twenty Sixth (26th) Annual General Meeting
26 Aug 2026
General Updates
TeamLease - Dispatch of Notice of Twenty Sixth (26th) Annual General Meeting
25 Aug 2026
Analysts/Institutional Investor Meet/Con. Call Updates
Teamlease Services Limited has informed the Exchange about Schedule of meet

Filed by the company on NSE in the last 3 months (routine notices left out). The text under each title is a short extract of the company's own filing; the link opens the full original file on the NSE website. Fetched 27 Oct 2026.

Documents

Links go to the original files on the exchange website.

About the company

Temporary Staffing: Activities of employment placement agencies
Other HR: Temporary employment agency activities
Other Income: Human Resources provision and management of human resource


Sector	Services
Industry	Diversified Commercial Services
Sub-industry	Diversified Commercial Services
Symbol	TEAMLEASE
BSE code	539658
ISIN	INE985S01024
Face value	₹10.0
Incorporated	2000-02-02
Website	https://group.teamlease.com
Plants (India / abroad)	0 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-27.