TeamLease e-hire

Bengaluru, India Founded: 2006 • Age: 20 yrs Listed
TeamLease e-hire is an applicant tracking solution provider.

About TeamLease e-hire

TeamLease e-hire was a publicly listed company based in Bengaluru (India) founded in 2006. TeamLease e-hire is an applicant tracking solution provider. It operates on a B2B model. The company has 244,893 employees. Its Indian entity Teamlease Services Limited reported revenue of ₹11,860 Cr. The company is recorded as dissolved. Its focus areas include Human Resources, Recruitment, Software Solutions and Applicant Tracking.

Company details

TeamLease e-hire, founded in 2006 in Bengaluru, India, focuses on managing HR solutions, recruitment, providing software for education, and applicant tracking. TeamLease e-hire is an applicant tracking solution provider. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Key Metrics
  • Market Cap
    ₹1,651 Cr

    TEAMLEASE · NSE

  • Share Price
    ₹1,097.80

    +1.61% today

  • Revenue
    ₹11,791 Cr

    FY 2025-26 · +5.7% YoY

  • EBITDA
    ₹151 Cr

    Margin 1.3%

  • Net Profit
    ₹137 Cr

    FY 2025-26 · +32.9% YoY

  • P/E (TTM)
    10.8x

    P/B 1.6x

  • ROE
    14.5%

    ROCE 12.2%

  • Debt / Equity
    0.12

    Interest cover 15.1x

  • Employee Count
    244,893

Board of directors of Teamlease Services Limited (TeamLease e-hire)

Teamlease Services Limited is the primary company behind TeamLease e-hire. The board of Teamlease Services Limited currently have 8 directors; the longest-serving is Manish Sabharwal, appointed in 2000. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manish Sabharwal
DIN 00969601
Whole-time director02 Feb 200026 yrs 8 moTeamlease Services Limited
Narayan Ramachandran
DIN 01873080
Director09 Jul 201511 yrs 3 moTeamlease Services Limited
Ashok Kumar Nedurumalli
DIN 00151814
Managing Director03 Sep 201511 yrs 2 moTeamlease Services Limited
Mekin Maheshwari
DIN 03621431
Director09 Jun 20215 yrs 4 moTeamlease Services Limited
Meenakshi Nevatia
DIN 08235844
Director28 Jul 20215 yrs 3 moTeamlease Services Limited
Subramaniam Somasundaram
DIN 01494407
Director28 Jul 20215 yrs 3 moTeamlease Services Limited
Rajnarayan Ramakrishnan
DIN 02545177
Director08 Nov 20232 yrs 11 moTeamlease Services Limited
Suparna Mitra
DIN 07135817
Managing Director02 Feb 20269 moTeamlease Services Limited

IPO & Listings of TeamLease e-hire

TeamLease e-hire is a publicly listed company on the NSE with ticker symbol TEAMLEASE in India, operating in the Miscellaneous sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: TEAMLEASE
  • Listed entityTeamlease Services Limited
  • Exchange sectorMiscellaneous

Financials of TeamLease e-hire

Exchange-reported figures of Teamlease Services Limited, the listed company behind TeamLease e-hire (NSE: TEAMLEASE).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹11,791 Cr
+5.7% YoY
EBITDA
₹151 Cr
+9.5% YoY
Profit After Tax
₹137 Cr
+32.9% YoY
Net Worth
₹1,043 Cr
+15.0% YoY
Total Assets
₹1,540 Cr
+30.3% YoY
Total Debt
₹116 Cr
-1.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11,79111,1569,3227,8706,4804,8815,201
Revenue growth+5.7%+19.7%+18.4%+21.5%+32.7%-6.1%-
EBITDA15113813111166.2194.4293.00
EBITDA margin+1.3%+1.2%+1.4%+1.4%+1.0%+1.9%+1.8%
Profit before tax15011411811545.5588.5382.96
Net profit13710310510897.8979.5634.69
Net profit margin+1.2%+0.9%+1.1%+1.4%+1.5%+1.6%+0.7%
EPS (₹)83.3064.8566.8865.1122.4845.3320.46
Balance sheet
Total assets1,5401,1821,0361,047884771773
Net worth1,043907798808693652572
Total debt11611810510059.8322.85124
Cash & bank30217933624829328997.00
Net working capital46432833719028423484.87
Cash flow
Cash from operations302104118126(6.15)3039.69
Cash from investing(176)(147)40.95(123)(88.50)(12.27)(47.30)
Cash from financing(42.33)(35.03)(151)(24.36)(13.07)(44.40)(0.08)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3,0352,9252,9903,0322,8912,8582,9212,797
Revenue growth (YoY)+5.0%+2.3%+2.4%+8.4%+12.1%---
Other income21.8123.9723.938.8312.939.9010.2210.69
EBITDA31.4745.6536.6338.3030.6547.4834.9133.45
EBITDA margin+1.0%+1.6%+1.2%+1.3%+1.1%+1.7%+1.2%+1.2%
Depreciation13.3714.8713.7614.1213.5813.3713.3313.87
Interest3.653.143.414.003.744.173.244.36
Profit before tax36.2651.6143.3929.0126.2639.8428.5625.91
Tax1.815.560.911.171.251.960.191.06
Net profit34.4546.0542.4827.8425.0137.8828.3724.85
EPS (₹)20.7926.1824.8816.4115.8320.8516.9514.66
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue10,73610,2368,4416,8765,6404,4664,783
Revenue growth+4.9%+21.3%+22.8%+21.9%+26.3%-6.6%-
EBITDA73.2489.0284.9765.2413.6064.0574.78
EBITDA margin+0.7%+0.9%+1.0%+1.0%+0.2%+1.4%+1.6%
Profit before tax98.0397.2010999.1824.3291.3495.01
Net profit10390.9097.9793.5686.2283.4241.26
Net profit margin+1.0%+0.9%+1.2%+1.4%+1.5%+1.9%+0.9%
EPS (₹)57.9857.3063.0956.8413.1649.1724.32
Balance sheet
Total assets1,3801,066958979843766752
Net worth954860762777679654569
Total debt75.9073.0682.3585.6553.3021.06109
Cash & bank29017324917424126490.27
Net working capital27319815524.6615315031.26
Cash flow
Cash from operations25996.4882.2182.72(37.07)2588.74
Cash from investing(149)(63.60)36.96(80.05)(58.74)2.86(52.79)
Cash from financing(33.10)(33.75)(147)(19.25)(14.49)(37.56)0.45
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,7392,6252,7202,7502,6402,5922,6862,576
Revenue growth (YoY)+3.8%+1.3%+1.3%+6.8%+10.8%---
Other income21.7226.2924.0911.6212.5213.0613.0513.34
Total expenses2,7232,6162,7022,7282,6172,5702,6612,554
EBITDA16.259.8217.7221.9523.7521.4224.9322.09
EBITDA margin+0.6%+0.4%+0.7%+0.8%+0.9%+0.8%+0.9%+0.9%
Depreciation10.2811.0010.059.889.399.649.399.35
Interest2.662.162.312.632.312.882.383.61
Profit before tax25.0322.9529.4521.0624.5721.9626.2122.47
Tax0.741.45(0.36)(0.05)(0.24)1.02(0.02)0.22

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue3,0352,9252,9903,0322,8912,8582,9212,797
Revenue growth (YoY)+5.0%+2.3%+2.4%+8.4%+12.1%---
Other income21.8123.9723.938.8312.939.9010.2210.69
EBITDA31.4745.6536.6338.3030.6547.4834.9133.45
EBITDA margin+1.0%+1.6%+1.2%+1.3%+1.1%+1.7%+1.2%+1.2%
Depreciation13.3714.8713.7614.1213.5813.3713.3313.87
Interest3.653.143.414.003.744.173.244.36
Profit before tax36.2651.6143.3929.0126.2639.8428.5625.91
Tax1.815.560.911.171.251.960.191.06
Net profit34.4546.0542.4827.8425.0137.8828.3724.85
EPS (₹)20.7926.1824.8816.4115.8320.8516.9514.66
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11,79111,1569,3227,8706,4804,8815,201
Revenue growth+5.7%+19.7%+18.4%+21.5%+32.7%-6.1%-
Other income69.6644.8949.6953.1624.1034.7230.84
Total expenses11,63911,0189,1917,7596,4144,7875,108
Employee cost11,23010,6238,9067,5706,1814,6874,936
EBITDA15113813111166.2194.4293.00
EBITDA margin+1.3%+1.2%+1.4%+1.4%+1.0%+1.9%+1.8%
Depreciation56.3353.6852.5343.1640.7933.7128.59
Interest14.2914.8010.235.693.976.9012.29
Profit before tax15011411811545.5588.5382.96
Tax8.894.035.073.486.1110.0648.00
Net profit13710310510897.8979.5634.69
Net profit margin+1.2%+0.9%+1.1%+1.4%+1.5%+1.6%+0.7%
EPS (₹)83.3064.8566.8865.1122.4845.3320.46
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.7716.7716.7717.1017.1017.1017.10
Reserves & surplus1,027890781791676635555
Shareholders' funds (net worth)1,043907798808693652572
Minority interest16.5416.0513.2312.8512.594.000.00
Secured loans33.5042.4830.5219.3427.670.0176.23
Unsecured loans82.7775.5874.2980.7832.1622.8447.44
Total debt11611810510059.8322.85124
Total liabilities1,5401,1821,0361,047884771773
Assets
Gross block566531505480407354345
Net block339311293303262255265
Capital work in progress14.4433.6711.3016.9117.8315.0911.42
Investments20375.643.0019453.3569.9925.31
Inventories0.000.000.000.000.000.000.00
Sundry debtors545491450380370278296
Cash & bank balances30217933624829328997.00
Loans & advances877621451279276207174
Total current assets1,7241,2911,236907938774567
Total current liabilities1,260962899717654539483
Net working capital46432833719028423484.87
Total assets1,5401,1821,0361,047884771773
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash59.4213813015125912.4550.13
Net cash from operating activities302104118126(6.15)3039.69
Net cash from investing activities(176)(147)40.95(123)(88.50)(12.27)(47.30)
Net cash from financing activities(42.33)(35.03)(151)(24.36)(13.07)(44.40)(0.08)
Net change in cash83.83(78.12)7.43(21.27)(108)247(37.68)
Closing cash30217933624829328997.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+5.7%+19.7%+18.4%+21.5%+32.7%-6.1%-
EBITDA growth+9.5%+5.6%+18.1%+67.2%-29.9%+1.5%-
PBT growth+31.2%-2.7%+2.4%+152.5%-48.6%+6.7%-14.0%
Net income growth+32.9%-1.5%-3.0%+10.2%+23.0%+129.4%-
Revenue CAGR (3Y)+14.4%+19.9%+24.1%+14.8%+13.4%+10.4%+19.6%
EBITDA CAGR (3Y)+11.0%+27.8%+11.5%+6.0%-11.1%+11.3%+35.9%
Profitability & leverage
Net income margin+1.2%+1.0%+1.2%+1.4%+0.6%+1.6%+0.7%
Return on capital employed+12.2%+11.8%+12.4%+12.7%+14.4%+12.4%+13.7%
Return on net worth+14.5%+13.0%+14.0%+14.9%+14.7%+12.8%+6.3%
Debt / equity0.120.130.130.110.060.120.12
Long-term debt / equity0.050.060.070.050.030.040.03
Interest cover15.0617.5313.078.4215.6211.3719.08
Efficiency & per share
Fixed asset turnover21.4921.5518.9317.7417.0313.9620.13
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover22.7623.7122.4720.9920.0217.0218.56
EPS (₹)83.3064.8566.8865.1122.4845.3320.46
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)622.12540.79475.86472.30405.46381.37334.62
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,7392,6252,7202,7502,6402,5922,6862,576
Revenue growth (YoY)+3.8%+1.3%+1.3%+6.8%+10.8%---
Other income21.7226.2924.0911.6212.5213.0613.0513.34
Total expenses2,7232,6162,7022,7282,6172,5702,6612,554
EBITDA16.259.8217.7221.9523.7521.4224.9322.09
EBITDA margin+0.6%+0.4%+0.7%+0.8%+0.9%+0.8%+0.9%+0.9%
Depreciation10.2811.0010.059.889.399.649.399.35
Interest2.662.162.312.632.312.882.383.61
Profit before tax25.0322.9529.4521.0624.5721.9626.2122.47
Tax0.741.45(0.36)(0.05)(0.24)1.02(0.02)0.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue10,73610,2368,4416,8765,6404,4664,783
Revenue growth+4.9%+21.3%+22.8%+21.9%+26.3%-6.6%-
Other income74.5256.5563.7862.1732.5148.1943.65
Total expenses10,66310,1478,3566,8115,6274,4024,709
Employee cost10,4689,9528,1946,7185,4864,3274,580
EBITDA73.2489.0284.9765.2413.6064.0574.78
EBITDA margin+0.7%+0.9%+1.0%+1.0%+0.2%+1.4%+1.6%
Depreciation40.3237.0531.8723.4718.2115.1214.73
Interest9.4111.328.194.763.585.788.69
Profit before tax98.0397.2010999.1824.3291.3495.01
Tax0.801.102.891.981.827.2853.44
Net profit10390.9097.9793.5686.2283.4241.26
Net profit margin+1.0%+0.9%+1.2%+1.4%+1.5%+1.9%+0.9%
EPS (₹)57.9857.3063.0956.8413.1649.1724.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.7716.7716.7717.1017.1017.1017.10
Reserves & surplus937844746760661637552
Shareholders' funds (net worth)954860762777679654569
Secured loans0.006.2513.8312.9625.170.0164.87
Unsecured loans75.9066.8168.5272.6928.1321.0543.70
Total debt75.9073.0682.3585.6553.3021.06109
Total liabilities1,3801,066958979843766752
Assets
Gross block21218519417210080.5898.94
Net block12489.7295.0388.5937.7827.8946.86
Capital work in progress11.3829.397.2614.8016.2814.4111.42
Investments498365337528374374287
Inventories0.000.000.000.000.000.000.00
Sundry debtors353339303251242216240
Cash & bank balances29017324917424126490.27
Loans & advances733520375214203164130
Total current assets1,3761,032928638686644460
Total current liabilities1,104834772614533494428
Net working capital27319815524.6615315031.26
Total assets1,3801,066958979843766752
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash83.3784.2411212923915.5059.10
Net cash from operating activities25996.4882.2182.72(37.07)2588.74
Net cash from investing activities(149)(63.60)36.96(80.05)(58.74)2.86(52.79)
Net cash from financing activities(33.10)(33.75)(147)(19.25)(14.49)(37.56)0.45
Net change in cash76.27(0.87)(27.84)(16.58)(110)223(43.60)
Closing cash29017324917424126490.27
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.9%+21.3%+22.8%+21.9%+26.3%-6.6%-
EBITDA growth-17.7%+4.8%+30.2%+379.7%-78.8%-14.4%-
PBT growth+0.9%-10.6%+9.6%+307.8%-73.4%-3.9%-2.4%
Net income growth+12.8%-7.2%+4.7%+8.5%+3.4%+102.2%-
Revenue CAGR (3Y)+16.0%+22.0%+23.6%+12.9%+10.9%+9.1%+17.0%
EBITDA CAGR (3Y)+3.9%+87.1%+9.9%-4.5%-42.9%+7.8%+35.1%
Profitability & leverage
Net income margin+0.9%+0.9%+1.3%+1.4%+0.4%+1.9%+0.9%
Return on capital employed+8.8%+10.7%+12.1%+11.4%+12.0%+12.8%+15.4%
Return on net worth+10.7%+11.9%+13.7%+13.4%+12.9%+13.8%+7.6%
Debt / equity0.080.100.110.100.060.110.10
Long-term debt / equity0.050.060.070.050.020.040.03
Interest cover28.5821.7815.4211.40-77.6611.8114.47
Efficiency & per share
Fixed asset turnover54.0153.9346.0550.4962.4249.7581.98
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover31.0031.8630.4727.9124.6319.6019.85
EPS (₹)57.9857.3063.0956.8413.1649.1724.32
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)568.74513.02454.55454.67396.87382.75332.69
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Frequently Asked Questions about TeamLease e-hire

TeamLease e-hire was founded in 2006.

TeamLease e-hire is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

TeamLease e-hire has 244,893 employees.

The primary company behind TeamLease e-hire, Teamlease Services Limited, reported revenue of ₹11,860 Cr for FY 2026, up 6% year on year.

TeamLease e-hire, founded in 2006 in Bengaluru, India, focuses on managing HR solutions, recruitment, providing software for education, and applicant tracking. TeamLease e-hire is an applicant tracking solution provider. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Yes, TeamLease e-hire is publicly traded on NSE under the ticker symbol TEAMLEASE.

TeamLease e-hire operates through Teamlease Services Limited.

The legal entities of TeamLease e-hire currently have 10 directors, including Manish Sabharwal, Mekin Maheshwari, Meenakshi Nevatia and others.

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