About Teamlease Services Limited
Data last updated: 15 July 2026
Teamlease Services Limited is a public limited company based in Bangalore North, Karnataka, India. It specialises in HR outsourcing and talent management, a part of the broader business process outsourcing sector. Incorporated on 02 February 2000, the company has been in operation for over 26 years.
Registered with ROC Bangalore under CIN L74140KA2000PLC118395. Listed on BSE: 539658.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹16.77 Cr. Formerly known as India Life Chakravarti Actuarial Services Private Limited and Team Lease Services Limited. It is led by directors including Manish Sabharwal and Mekin Maheshwari.
Last AGM: 19 September 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore North, Karnataka.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹11,791 Cr, a growth of 5.69% compared to the previous year. The net worth stands at ₹1,059.84 Cr (up 14.83% YoY). Total assets are valued at ₹2,800.48 Cr (up 30.58% YoY).
The company has a workforce of approximately 244,893 employees as per the latest available data. Its group structure includes 7 subsidiaries.
The company is associated with 5 brands - Apprentices, Teamlease E-Hire, Teamlease Digital, Freshersworld, Teamlease. As per MCA filings, the company has open charges of ₹313.01 Cr and satisfied charges of ₹70.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teamlease.com.
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EmailLocked
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Registered AddressInfinix Square B – 4 B – 5 & B – 6, Hal Industrial Estate Hal Gb Quarters Vibhutipura, Bangalore North, Karnataka, India – 560037
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IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Teamlease Services Limited
Teamlease Services Limited has undergone 4 name changes throughout its history. The current legal name is Teamlease Services Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Teamlease Services Limited | Current |
| India Life Chakravarti Actuarial Services Private Limited | Previous |
| Team Lease Services Limited | Previous |
| Team Lease Services Private Limited | Previous |
| India Life Chakravarti Actuarial Services Pvt Ltd | Previous |
CIN History of Teamlease Services Limited
Teamlease Services Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74140KA2000PLC118395, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140KA2000PLC118395 | Current |
| L74140MH2000PLC124003 | Previous |
| U74140MH2000PTC124003 | Previous |
| U74140MH2000PLC124003 | Previous |
Associated Brands with Teamlease Services Limited
Teamlease Services Limited operates multiple associated brands including Apprentices, TeamLease e-hire, and TeamLease Digital. These brands represent Teamlease Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Runs an online job board for graduates. | apprentices.in | |
| TeamLease e-hire is an applicant tracking solution provider. | teamleaseehire.com | |
| Provides comprehensive IT recruitment services. | teamleasedigital.com | |
| Online job placement services for fresh graduates are provided. | freshersworld.com | |
| Staffing and recruiting services connect employers with job candidates. | teamlease.com |
Competitors & Alternatives of Teamlease Services Limited
Brands and companies operating in the same space as Teamlease Services Limited include Phenom, Glints, Eightfold and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Phenom
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Talent experience management platforms are provided for engagement and recruitment. | Ambler, United States, United States | 2010 |
Glints
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Graduate jobs are matched via an online profile platform. | Singapore, Singapore, Singapore | 2013 |
Eightfold
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An AI platform is provided for talent acquisition and management. | Santa Clara, United States, United States | 2016 |
Greenhouse
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Cloud-based applicant tracking solutions are offered for candidate hiring. | New York, United States, United States | 2012 |
iCIMS
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Talent acquisition software is provided by iCIMS since 2000. | Holmdel, United States, United States | 2000 |
SmartRecruiters
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Cloud-based ATS and hiring platform services are provided. | San Francisco, United States, United States | 2010 |
HireVue
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A video interview platform is operated by HireVue since 2004. | South Jordan, United States, United States | 2004 |
WayUp
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Graduates are matched with entry-level jobs via an online platform. | New York, United States, United States | 2014 |
Handshake
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Graduates are connected to employers via an online job platform. | San Francisco, United States, United States | 2014 |
JobTeaser
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Graduates are connected to job opportunities via an online platform. | Paris, France, France | 2008 |
Business Activity of Teamlease Services Limited
Teamlease Services Limited is engaged in the principal business activity of administrative and support service activities, with detailed activities including employment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities | Locked |
Business activity turnover details for Teamlease Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Teamlease Services Limited
Teamlease Services Limited is audited by S.R. Batliboi & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S.R. Batliboi & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Teamlease Services Limited
Teamlease Services Limited is currently managed by 8 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Manish Sabharwal
Also directs:
Teamlease Services Limited, Dihea Products India Private Limited, Mks Management Consultancy Services Llp and 3 more
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Whole-Time Director | 02 Feb 2000 | 26 Years 6 Months | Current |
| Mekin Maheshwari | Director | 09 Jun 2021 | 5 Years 2 Months | Current |
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Meenakshi Nevatia
Also directs:
Teamlease Services Limited, Pfizer Limited
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Director | 28 Jul 2021 | 5 Years 0 Months | Current |
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Subramaniam Somasundaram
Also directs:
Teamlease Services Limited, United Breweries Limited, Honasa Consumer Limited and 5 more
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Director | 28 Jul 2021 | 5 Years 0 Months | Current |
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Ashok Kumar Nedurumalli
Also directs:
Ned Consultants Llp, Teamlease Services Limited, Dihea Products India Private Limited and 2 more
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Managing Director | 03 Sep 2015 | 10 Years 11 Months | Current |
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Narayan Ramachandran
Also directs:
Teamlease Services Limited, Uc Investment Management Llp, Tvs Capital Funds Private Limited and 5 more
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Director | 09 Jul 2015 | 11 Years 1 Months | Current |
Financials of Teamlease Services Limited FY 2026 filings available
Teamlease Services Limited reported revenue of ₹11,791 Cr (up 5.69% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹11,791 Cr | ₹11,156 Cr | ₹9,321.53 Cr | ₹7,870 Cr | ₹6,479.82 Cr | ₹4,881.46 Cr | ₹5,200.72 Cr |
| Other Income | ₹68.71 Cr | ₹44.72 Cr | ₹46.18 Cr | ₹43.95 Cr | ₹19.73 Cr | ₹34.72 Cr | ₹30.84 Cr |
| Total Income | ₹11,859 Cr | ₹11,201 Cr | ₹9,367.71 Cr | ₹7,913.94 Cr | ₹6,499.55 Cr | ₹4,916.18 Cr | ₹5,231.57 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹11,230 Cr | ₹10,623 Cr | ₹8,979.92 Cr | ₹7,569.81 Cr | ₹6,180.73 Cr | ₹4,686.98 Cr | ₹4,936.48 Cr |
| Finance Costs | ₹14.29 Cr | ₹14.8 Cr | ₹10.23 Cr | ₹5.69 Cr | ₹3.97 Cr | ₹6.9 Cr | ₹12.29 Cr |
| Depreciation & Amortisation | ₹56.33 Cr | ₹53.68 Cr | ₹52.53 Cr | ₹43.16 Cr | ₹40.79 Cr | ₹33.71 Cr | ₹28.59 Cr |
| Other Expenses | ₹403.45 Cr | ₹395.15 Cr | ₹210.81 Cr | ₹177.92 Cr | ₹156.72 Cr | ₹95.97 Cr | ₹169.15 Cr |
| Total Expenses | ₹11,704 Cr | ₹11,086 Cr | ₹9,253.49 Cr | ₹7,796.58 Cr | ₹6,382.21 Cr | ₹4,823.55 Cr | ₹5,146.51 Cr |
| Profit Before Exceptional Items & Tax | ₹155 Cr | ₹114.33 Cr | ₹114.22 Cr | ₹117.36 Cr | ₹117.34 Cr | ₹92.62 Cr | ₹85.06 Cr |
| Exceptional Items | -₹5.68 Cr | ₹0 | ₹3.51 Cr | -₹2.33 Cr | -₹71.78 Cr | -₹4.09 Cr | ₹0 |
| Profit Before Tax | ₹149.32 Cr | ₹114.33 Cr | ₹117.73 Cr | ₹115.03 Cr | ₹45.56 Cr | ₹88.54 Cr | ₹85.06 Cr |
| Total Tax Expense | ₹8.89 Cr | ₹4.03 Cr | ₹5.07 Cr | ₹3.48 Cr | ₹6.11 Cr | ₹10.06 Cr | ₹48 Cr |
| Net Profit | ₹141.38 Cr | ₹110.47 Cr | ₹112.66 Cr | ₹111.55 Cr | ₹39.45 Cr | ₹78.47 Cr | ₹34.98 Cr |
| attributable to Owners | ₹139.69 Cr | ₹108.76 Cr | ₹112.15 Cr | ₹111.34 Cr | ₹38.43 Cr | ₹77.5 Cr | - |
| attributable to NCI | ₹1.69 Cr | ₹1.71 Cr | ₹51 Lakh | ₹20.84 Lakh | ₹1.03 Cr | ₹97.36 Lakh | - |
| Other Comprehensive Income | -₹94 Lakh | -₹30 Lakh | -₹1.09 Cr | ₹1.27 Cr | -₹12.62 Lakh | ₹1.48 Cr | ₹28.96 Lakh |
| Total Comprehensive Income | ₹140.44 Cr | ₹110.17 Cr | ₹111.57 Cr | ₹112.82 Cr | ₹39.33 Cr | ₹79.95 Cr | ₹35.26 Cr |
| EBITDA (computed) | ₹225.62 Cr | ₹182.81 Cr | ₹176.98 Cr | ₹166.21 Cr | ₹162.1 Cr | ₹133.23 Cr | ₹125.94 Cr |
| Basic EPS | ₹83.30 | ₹64.86 | ₹66.65 | ₹65.12 | ₹22.48 | ₹45.33 | ₹20.46 |
| Diluted EPS | ₹83.30 | ₹64.86 | ₹66.65 | ₹65.12 | ₹22.48 | ₹45.33 | ₹20.46 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,800.48 Cr | ₹2,144.6 Cr | ₹1,936.87 Cr | ₹1,767.78 Cr |
| Non-current Assets | ₹887.98 Cr | ₹791.7 Cr | ₹712.56 Cr | ₹669.75 Cr |
| Current Assets | ₹1,912.5 Cr | ₹1,352.9 Cr | ₹1,224.31 Cr | ₹1,098.03 Cr |
| Property, Plant & Equipment | ₹90.33 Cr | ₹77.37 Cr | ₹80.19 Cr | ₹10.78 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹798.29 Cr | ₹491.25 Cr | ₹449.58 Cr | ₹536.14 Cr |
| Cash & Equivalents | ₹169.75 Cr | ₹94.9 Cr | ₹167.9 Cr | ₹149.45 Cr |
| Equity (Net Worth) | ₹1,059.84 Cr | ₹922.95 Cr | ₹811.25 Cr | ₹820.48 Cr |
| Equity Share Capital | ₹16.77 Cr | ₹16.77 Cr | ₹16.77 Cr | ₹17.1 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹52.31 Cr | ₹0 |
| Borrowings (Current) | ₹34.23 Cr | ₹44.98 Cr | ₹52.5 Cr | ₹19.34 Cr |
| Total Debt (computed) | ₹34.23 Cr | ₹44.98 Cr | ₹104.81 Cr | ₹19.34 Cr |
| Current Liabilities | ₹1,315.81 Cr | ₹1,034.68 Cr | ₹934 Cr | ₹756.61 Cr |
| Total Liabilities | ₹1,740.64 Cr | ₹1,221.65 Cr | ₹1,125.62 Cr | ₹947.3 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹301.8 Cr | ₹104.38 Cr | ₹117.83 Cr | ₹126.24 Cr | -₹6.15 Cr |
| Investing Cash Flow | -₹175.09 Cr | -₹147.52 Cr | ₹40.79 Cr | -₹123.15 Cr | -₹88.5 Cr |
| Financing Cash Flow | -₹42.33 Cr | -₹35.03 Cr | -₹151.35 Cr | -₹24.36 Cr | -₹13.07 Cr |
| Capital Expenditure | ₹29.45 Cr | ₹30.99 Cr | ₹7.21 Cr | ₹6.03 Cr | ₹5.83 Cr |
| Free Cash Flow (computed) | ₹272.35 Cr | ₹73.39 Cr | ₹110.62 Cr | ₹120.21 Cr | -₹11.98 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹83.83 Cr | -₹78.12 Cr | ₹7.27 Cr | -₹21.27 Cr | -₹107.72 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,924.87 Cr | ₹3,012.95 Cr | ₹3,032.07 Cr | ₹2,891.4 Cr | ₹2,857.92 Cr | ₹2,921.27 Cr | ₹2,796.83 Cr | ₹2,579.85 Cr | ₹2,431.97 Cr | ₹2,445.36 Cr | ₹2,272.6 Cr | ₹2,171.6 Cr |
| Other Income | ₹23.67 Cr | ₹23.71 Cr | ₹8.7 Cr | ₹12.63 Cr | ₹9.73 Cr | ₹10.22 Cr | ₹10.69 Cr | ₹14.08 Cr | ₹9.09 Cr | ₹10.01 Cr | ₹13.04 Cr | ₹14.04 Cr |
| Total Income | ₹2,948.54 Cr | ₹3,036.66 Cr | ₹3,040.77 Cr | ₹2,904.03 Cr | ₹2,867.65 Cr | ₹2,931.49 Cr | ₹2,807.52 Cr | ₹2,593.93 Cr | ₹2,441.06 Cr | ₹2,455.37 Cr | ₹2,285.64 Cr | ₹2,185.64 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2,765.46 Cr | ₹2,843.26 Cr | ₹2,867.32 Cr | ₹2,754.27 Cr | ₹2,695.95 Cr | ₹2,780.33 Cr | ₹2,661.65 Cr | ₹2,471.68 Cr | ₹2,326.67 Cr | ₹2,355.27 Cr | ₹2,194.86 Cr | ₹2,103.13 Cr |
| Finance Costs | ₹3.14 Cr | ₹3.41 Cr | ₹4 Cr | ₹3.74 Cr | ₹4.17 Cr | ₹3.24 Cr | ₹4.36 Cr | ₹3.03 Cr | ₹2.62 Cr | ₹3.08 Cr | ₹2.48 Cr | ₹2.06 Cr |
| Depreciation & Amortisation | ₹14.87 Cr | ₹13.76 Cr | ₹14.12 Cr | ₹13.58 Cr | ₹13.37 Cr | ₹13.33 Cr | ₹13.87 Cr | ₹13.11 Cr | ₹13.56 Cr | ₹13.56 Cr | ₹12.91 Cr | ₹12.5 Cr |
| Other Expenses | ₹113.76 Cr | ₹127.38 Cr | ₹126.45 Cr | ₹106.48 Cr | ₹114.49 Cr | ₹106.03 Cr | ₹101.73 Cr | ₹85.92 Cr | ₹68.65 Cr | ₹54.03 Cr | ₹45.99 Cr | ₹42.14 Cr |
| Total Expenses | ₹2,897.23 Cr | ₹2,987.81 Cr | ₹3,011.89 Cr | ₹2,878.07 Cr | ₹2,827.98 Cr | ₹2,902.93 Cr | ₹2,781.61 Cr | ₹2,573.74 Cr | ₹2,411.5 Cr | ₹2,425.94 Cr | ₹2,256.24 Cr | ₹2,159.82 Cr |
| Profit Before Exceptional Items & Tax | ₹51.31 Cr | ₹48.85 Cr | ₹28.88 Cr | ₹25.96 Cr | ₹39.67 Cr | ₹28.56 Cr | ₹25.91 Cr | ₹20.19 Cr | ₹29.56 Cr | ₹29.43 Cr | ₹29.4 Cr | ₹25.83 Cr |
| Exceptional Items | ₹0 | -₹5.68 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹3.51 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹51.31 Cr | ₹43.17 Cr | ₹28.88 Cr | ₹25.96 Cr | ₹39.67 Cr | ₹28.56 Cr | ₹25.91 Cr | ₹20.19 Cr | ₹29.56 Cr | ₹32.94 Cr | ₹29.4 Cr | ₹25.83 Cr |
| Total Tax Expense | ₹5.56 Cr | ₹91 Lakh | ₹1.17 Cr | ₹1.25 Cr | ₹1.96 Cr | ₹19 Lakh | ₹1.06 Cr | ₹82 Lakh | ₹1.43 Cr | ₹1.82 Cr | ₹1.75 Cr | ₹6.85 Lakh |
| Net Profit | ₹46.05 Cr | ₹42.48 Cr | ₹27.84 Cr | ₹25.01 Cr | ₹37.88 Cr | ₹28.37 Cr | ₹24.85 Cr | ₹19.37 Cr | ₹28.13 Cr | ₹31.12 Cr | ₹27.65 Cr | ₹25.76 Cr |
| attributable to Owners | ₹43.91 Cr | ₹41.72 Cr | ₹27.52 Cr | ₹26.54 Cr | ₹34.96 Cr | ₹28.43 Cr | ₹24.58 Cr | ₹20.79 Cr | ₹27.48 Cr | ₹31 Cr | ₹27.27 Cr | ₹26.4 Cr |
| attributable to NCI | ₹2.14 Cr | ₹76 Lakh | ₹32 Lakh | -₹1.53 Cr | ₹2.92 Cr | -₹6 Lakh | ₹27 Lakh | -₹1.42 Cr | ₹65 Lakh | ₹12 Lakh | ₹38 Lakh | -₹64.31 Lakh |
| Other Comprehensive Income | -₹45 Lakh | ₹43 Lakh | -₹36 Lakh | -₹56 Lakh | ₹23 Lakh | -₹9 Lakh | -₹13 Lakh | -₹31 Lakh | -₹74 Lakh | -₹6 Lakh | -₹24 Lakh | -₹4.62 Lakh |
| Total Comprehensive Income | ₹45.6 Cr | ₹42.91 Cr | ₹27.48 Cr | ₹24.45 Cr | ₹38.11 Cr | ₹28.28 Cr | ₹24.72 Cr | ₹19.06 Cr | ₹27.39 Cr | ₹31.06 Cr | ₹27.41 Cr | ₹25.71 Cr |
| EBITDA (computed) | ₹69.32 Cr | ₹66.02 Cr | ₹47 Cr | ₹43.28 Cr | ₹57.21 Cr | ₹45.13 Cr | ₹44.14 Cr | ₹36.33 Cr | ₹45.74 Cr | ₹46.07 Cr | ₹44.79 Cr | ₹40.38 Cr |
| Basic EPS | ₹26.18 | ₹24.88 | ₹16.41 | ₹15.83 | ₹20.85 | ₹16.95 | ₹14.66 | ₹12.40 | ₹16.39 | ₹18.49 | ₹16.26 | ₹15.53 |
| Diluted EPS | ₹26.18 | ₹24.88 | ₹16.41 | ₹15.83 | ₹20.85 | ₹16.95 | ₹14.66 | ₹12.40 | ₹16.39 | ₹18.49 | ₹16.26 | ₹15.53 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| General Staffing | ₹2,671.48 Cr | ₹27.58 Cr | ₹1,455.78 Cr | ₹1,493.22 Cr |
| Specialised Staffing | ₹176.64 Cr | ₹12.34 Cr | ₹368.53 Cr | ₹115.12 Cr |
| Other HR Services | ₹76.75 Cr | ₹8.99 Cr | ₹145.21 Cr | ₹55.32 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| General Staffing | ₹10,880 Cr | ₹105.95 Cr | - | - |
| Specialised Staffing | ₹669.38 Cr | ₹47.53 Cr | - | - |
| Other HR Services | ₹241.7 Cr | -₹4.43 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹10,736 Cr | ₹10,236 Cr | ₹8,440.8 Cr | ₹6,876.18 Cr | ₹5,640.34 Cr | ₹4,465.94 Cr | ₹4,783.38 Cr |
| Other Income | ₹74.52 Cr | ₹56.55 Cr | ₹60.27 Cr | ₹52.95 Cr | ₹32.51 Cr | ₹48.19 Cr | ₹43.65 Cr |
| Total Income | ₹10,811 Cr | ₹10,293 Cr | ₹8,501.07 Cr | ₹6,929.12 Cr | ₹5,672.85 Cr | ₹4,514.13 Cr | ₹4,827.03 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹10,468 Cr | ₹9,951.75 Cr | ₹8,268.43 Cr | ₹6,717.82 Cr | ₹5,485.99 Cr | ₹4,327.32 Cr | ₹4,580.19 Cr |
| Finance Costs | ₹9.41 Cr | ₹11.32 Cr | ₹8.19 Cr | ₹4.76 Cr | ₹3.58 Cr | ₹5.78 Cr | ₹8.69 Cr |
| Depreciation & Amortisation | ₹40.32 Cr | ₹37.05 Cr | ₹31.87 Cr | ₹23.47 Cr | ₹18.21 Cr | ₹15.12 Cr | ₹14.73 Cr |
| Other Expenses | ₹186.02 Cr | ₹195.52 Cr | ₹87.4 Cr | ₹81.58 Cr | ₹68.82 Cr | ₹74.57 Cr | ₹128.4 Cr |
| Total Expenses | ₹10,704 Cr | ₹10,196 Cr | ₹8,395.89 Cr | ₹6,827.62 Cr | ₹5,576.6 Cr | ₹4,422.78 Cr | ₹4,732.01 Cr |
| Profit Before Exceptional Items & Tax | ₹107.19 Cr | ₹97.2 Cr | ₹105.18 Cr | ₹101.51 Cr | ₹96.24 Cr | ₹91.35 Cr | ₹95.02 Cr |
| Exceptional Items | -₹9.16 Cr | ₹0 | ₹3.51 Cr | -₹2.33 Cr | -₹71.93 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹98.03 Cr | ₹97.2 Cr | ₹108.69 Cr | ₹99.18 Cr | ₹24.31 Cr | ₹91.35 Cr | ₹95.02 Cr |
| Total Tax Expense | ₹80 Lakh | ₹1.1 Cr | ₹2.89 Cr | ₹1.98 Cr | ₹1.82 Cr | ₹7.28 Cr | ₹53.43 Cr |
| Net Profit | ₹97.23 Cr | ₹96.1 Cr | ₹105.8 Cr | ₹97.2 Cr | ₹22.5 Cr | ₹84.07 Cr | ₹41.58 Cr |
| Other Comprehensive Income | -₹37 Lakh | -₹37 Lakh | -₹30.7 Lakh | ₹17.31 Lakh | ₹4.46 Lakh | ₹55.25 Lakh | ₹28.47 Lakh |
| Total Comprehensive Income | ₹96.86 Cr | ₹95.73 Cr | ₹105.49 Cr | ₹97.37 Cr | ₹22.54 Cr | ₹84.62 Cr | ₹41.87 Cr |
| EBITDA (computed) | ₹156.92 Cr | ₹145.57 Cr | ₹145.24 Cr | ₹129.73 Cr | ₹118.03 Cr | ₹112.24 Cr | ₹118.44 Cr |
| Basic EPS | ₹57.98 | ₹57.31 | ₹62.88 | ₹56.85 | ₹13.16 | ₹49.17 | ₹24.32 |
| Diluted EPS | ₹57.98 | ₹57.31 | ₹62.88 | ₹56.85 | ₹13.16 | ₹49.17 | ₹24.32 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,484.14 Cr | ₹1,899.54 Cr | ₹1,730.11 Cr | ₹1,592.78 Cr |
| Non-current Assets | ₹968.3 Cr | ₹867.66 Cr | ₹814.14 Cr | ₹763.43 Cr |
| Current Assets | ₹1,515.84 Cr | ₹1,031.88 Cr | ₹915.97 Cr | ₹829.35 Cr |
| Property, Plant & Equipment | ₹81.49 Cr | ₹68.51 Cr | ₹73.15 Cr | ₹8.28 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹353.43 Cr | ₹339.21 Cr | ₹303.36 Cr | ₹348.84 Cr |
| Cash & Equivalents | ₹159.64 Cr | ₹89.62 Cr | ₹98.07 Cr | ₹125.04 Cr |
| Equity (Net Worth) | ₹953.77 Cr | ₹860.33 Cr | ₹762.28 Cr | ₹777.48 Cr |
| Equity Share Capital | ₹16.77 Cr | ₹16.77 Cr | ₹16.77 Cr | ₹17.1 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹48.74 Cr | ₹0 |
| Borrowings (Current) | ₹0 | ₹6.25 Cr | ₹33.61 Cr | ₹12.96 Cr |
| Total Debt (computed) | ₹0 | ₹6.25 Cr | ₹82.35 Cr | ₹12.96 Cr |
| Current Liabilities | ₹1,123.22 Cr | ₹864.45 Cr | ₹791.28 Cr | ₹644.67 Cr |
| Total Liabilities | ₹1,530.37 Cr | ₹1,039.21 Cr | ₹967.83 Cr | ₹815.3 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹258.73 Cr | ₹96.48 Cr | ₹82.21 Cr | ₹82.73 Cr | -₹37.07 Cr |
| Investing Cash Flow | -₹149.36 Cr | -₹63.6 Cr | ₹36.96 Cr | -₹80.06 Cr | -₹58.74 Cr |
| Financing Cash Flow | -₹33.1 Cr | -₹33.75 Cr | -₹147.01 Cr | -₹19.25 Cr | -₹14.49 Cr |
| Capital Expenditure | ₹23.8 Cr | ₹23.56 Cr | ₹6.28 Cr | ₹4.34 Cr | ₹4.77 Cr |
| Free Cash Flow (computed) | ₹234.93 Cr | ₹72.92 Cr | ₹75.93 Cr | ₹78.39 Cr | -₹41.84 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹76.27 Cr | -₹87 Lakh | -₹27.84 Cr | -₹16.57 Cr | -₹110.29 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,625.4 Cr | ₹2,720.09 Cr | ₹2,750.34 Cr | ₹2,640.42 Cr | ₹2,591.56 Cr | ₹2,685.75 Cr | ₹2,576.05 Cr | ₹2,382.93 Cr | ₹2,212.32 Cr | ₹22.22 Cr | ₹2,052.24 Cr | ₹1,954.27 Cr |
| Other Income | ₹26.29 Cr | ₹24.09 Cr | ₹11.62 Cr | ₹12.52 Cr | ₹13.06 Cr | ₹13.05 Cr | ₹13.34 Cr | ₹17.1 Cr | ₹11.19 Cr | ₹14.22 Lakh | ₹17.14 Cr | ₹17.72 Cr |
| Total Income | ₹2,651.69 Cr | ₹2,744.18 Cr | ₹2,761.96 Cr | ₹2,652.94 Cr | ₹2,604.62 Cr | ₹2,698.8 Cr | ₹2,589.39 Cr | ₹2,400.03 Cr | ₹2,223.51 Cr | ₹22.36 Cr | ₹2,069.38 Cr | ₹1,971.99 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2,560.15 Cr | ₹2,651.16 Cr | ₹2,678.1 Cr | ₹2,578.42 Cr | ₹2,522.53 Cr | ₹2,616.15 Cr | ₹2,499.92 Cr | ₹2,313.15 Cr | ₹2,162.49 Cr | ₹21.78 Cr | ₹2,012.17 Cr | ₹1,915.31 Cr |
| Finance Costs | ₹2.16 Cr | ₹2.31 Cr | ₹2.63 Cr | ₹2.31 Cr | ₹2.88 Cr | ₹2.38 Cr | ₹3.61 Cr | ₹2.45 Cr | ₹2.02 Cr | ₹2.48 Lakh | ₹2.05 Cr | ₹1.64 Cr |
| Depreciation & Amortisation | ₹11 Cr | ₹10.05 Cr | ₹9.88 Cr | ₹9.39 Cr | ₹9.64 Cr | ₹9.39 Cr | ₹9.35 Cr | ₹8.67 Cr | ₹8.43 Cr | ₹8.2 Lakh | ₹7.82 Cr | ₹7.42 Cr |
| Other Expenses | ₹49.01 Cr | ₹48.47 Cr | ₹50.29 Cr | ₹38.25 Cr | ₹47.61 Cr | ₹44.67 Cr | ₹54.04 Cr | ₹49.2 Cr | ₹26.76 Cr | ₹20.55 Lakh | ₹20.47 Cr | ₹19.63 Cr |
| Total Expenses | ₹2,622.32 Cr | ₹2,711.99 Cr | ₹2,740.9 Cr | ₹2,628.37 Cr | ₹2,582.66 Cr | ₹2,672.59 Cr | ₹2,566.92 Cr | ₹2,373.47 Cr | ₹2,199.7 Cr | ₹22.1 Cr | ₹2,042.5 Cr | ₹1,944 Cr |
| Profit Before Exceptional Items & Tax | ₹29.37 Cr | ₹32.19 Cr | ₹21.06 Cr | ₹24.57 Cr | ₹21.96 Cr | ₹26.21 Cr | ₹22.47 Cr | ₹26.56 Cr | ₹23.81 Cr | ₹26.51 Lakh | ₹26.88 Cr | ₹27.99 Cr |
| Exceptional Items | -₹6.42 Cr | -₹2.74 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹3.51 Lakh | ₹0 | ₹0 |
| Profit Before Tax | ₹22.95 Cr | ₹29.45 Cr | ₹21.06 Cr | ₹24.57 Cr | ₹21.96 Cr | ₹26.21 Cr | ₹22.47 Cr | ₹26.56 Cr | ₹23.81 Cr | ₹30.02 Lakh | ₹26.88 Cr | ₹27.99 Cr |
| Total Tax Expense | ₹1.45 Cr | -₹36 Lakh | -₹5 Lakh | -₹24 Lakh | ₹1.02 Cr | -₹2 Lakh | ₹22 Lakh | -₹12 Lakh | -₹11.7 Lakh | ₹88,000 | ₹1.55 Cr | ₹58.41 Lakh |
| Net Profit | ₹21.5 Cr | ₹29.81 Cr | ₹21.11 Cr | ₹24.81 Cr | ₹20.94 Cr | ₹26.23 Cr | ₹22.25 Cr | ₹26.68 Cr | ₹23.93 Cr | ₹29.14 Lakh | ₹25.33 Cr | ₹27.41 Cr |
| Other Comprehensive Income | -₹12 Lakh | ₹12 Lakh | ₹1 Lakh | -₹38 Lakh | -₹11 Lakh | -₹7 Lakh | ₹3 Lakh | -₹22 Lakh | -₹19.7 Lakh | ₹2,000 | ₹3.7 Lakh | -₹16.61 Lakh |
| Total Comprehensive Income | ₹21.38 Cr | ₹29.93 Cr | ₹21.12 Cr | ₹24.43 Cr | ₹20.83 Cr | ₹26.16 Cr | ₹22.28 Cr | ₹26.46 Cr | ₹23.73 Cr | ₹29.16 Lakh | ₹25.37 Cr | ₹27.24 Cr |
| EBITDA (computed) | ₹42.53 Cr | ₹44.55 Cr | ₹33.57 Cr | ₹36.27 Cr | ₹34.48 Cr | ₹37.98 Cr | ₹35.43 Cr | ₹37.68 Cr | ₹34.26 Cr | ₹37.19 Lakh | ₹36.75 Cr | ₹37.05 Cr |
| Basic EPS | ₹12.81 | ₹17.78 | ₹12.59 | ₹14.80 | ₹12.49 | ₹15.64 | ₹13.27 | ₹15.91 | ₹14.27 | ₹17.37 | ₹15.11 | ₹16.12 |
| Diluted EPS | ₹12.81 | ₹17.78 | ₹12.59 | ₹14.80 | ₹12.49 | ₹15.64 | ₹13.27 | ₹15.91 | ₹14.27 | ₹17.37 | ₹15.11 | ₹16.12 |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| General Staffing and Allied Services | ₹8,407.94 Cr | ₹104.18 Cr | - | - |
| Other HR Services | ₹32.86 Cr | -₹3.91 Cr | - | - |
Shareholding Pattern of Teamlease Services Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 31.11%, foreign institutional investors hold 6.76%, domestic institutional investors hold 49.61%, retail and other public shareholders hold 12.49% of Teamlease Services Limited. The company had 27,149 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 31.11% | 31.11% | 31.11% | 31.61% | 31.61% | 31.61% |
| Public | 68.86% | 68.86% | 68.86% | 68.35% | 68.35% | 68.35% |
| Employee Trusts | 0.03% | 0.03% | 0.03% | 0.04% | 0.04% | 0.04% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 31.11% | 31.61% | 31.61% | 31.51% | 31.51% | 34.01% | 40.02% | 40.78% | 42.33% | 44.92% | 45.61% |
| Public | 68.86% | 68.35% | 68.35% | 68.44% | 68.42% | 65.88% | 59.80% | 59.04% | 57.24% | 54.34% | 53.64% |
| Employee Trusts | 0.03% | 0.04% | 0.04% | 0.05% | 0.07% | 0.11% | 0.18% | 0.18% | 0.43% | 0.75% | 0.75% |
| Promoter change (YoY, %pts) | -0.50 | +0.00 | +0.10 | +0.00 | -2.50 | -6.01 | -0.76 | -1.55 | -2.59 | -0.69 | - |
Board & Governance of Teamlease Services Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Teamlease Services Limited has 8 directors - 4 independent and 2 executive. The board is chaired by Narayan Ramachandran.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Manish Sabharwal | Non-Executive - Non Independent Director | 2000-02-02 | 1 |
| Ashok Kumar Nedurumalli | Executive Director | 2015-09-03 | 1 |
| Narayan Ramachandran | Non-Executive - Non Independent Director · Chairperson | 2015-07-09 | 1 |
| Mekin Maheshwari | Non-Executive - Independent Director | 2021-06-09 | 1 |
| Meenakshi Nevatia | Non-Executive - Independent Director | 2021-07-28 | 2 |
| Subramaniam Somasundaram | Non-Executive - Independent Director | 2021-07-28 | 3 |
| Rajnarayan Ramakrishnan | Non-Executive - Independent Director | 2023-11-08 | 1 |
| Suparna Mitra | Executive Director · CEO-MD | 2026-02-02 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | Subramaniam Somasundaram (Chairperson), Mekin Maheshwari, Meenakshi Nevatia, Narayan Ramachandran, Rajnarayan Ramakrishnan |
| Nomination and remuneration committee | Rajnarayan Ramakrishnan (Chairperson), Narayan Ramachandran, Meenakshi Nevatia, Mekin Maheshwari, Subramaniam Somasundaram |
| Stakeholders Relationship Committee | Rajnarayan Ramakrishnan (Chairperson), Subramaniam Somasundaram, Narayan Ramachandran |
| Risk Management Committee | Narayan Ramachandran (Chairperson), Mekin Maheshwari, Meenakshi Nevatia, Subramaniam Somasundaram, Rajnarayan Ramakrishnan, Suparna Mitra |
Group Structure of Teamlease Services Limited
Teamlease Services Limited has 7 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Teamlease Services Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Teamlease Hrtech Private Limited | U72200KA2005PTC113117 | - |
| Keystone Business Solutions Private Limited | U72200MH2009PTC304689 | - |
| Teamlease Digital Private Limited | U74999MH2016PTC283227 | - |
| Teamlease Regtech Private Limited | U74999PN2018PTC179553 | - |
| I.M.S.I Staffing Private Limited | U74999UR2018PTC008906 | - |
| Teamlease Edtech Limited | U80301MH2010PTC211390 | - |
Showing major subsidiaries. Total: 7.
Charges & Borrowings of Teamlease Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Hdfc Bank Limited | ₹150 Cr | Open |
| 08 Jul 2021 | State Bank of India | ₹15 Cr | Open |
| 05 Feb 2021 | Axis Bank Limited | ₹18 Cr | Open |
| 23 Sep 2019 | Others | ₹50 Cr | Open |
| 24 Aug 2017 | State Bank of India | ₹90,000 | Open |
Total charge records: 12 View all charges
Employees and EPFO Compliance at Teamlease Services Limited
Teamlease Services Limited has a workforce of 244,893 employees as of Apr 02, 2024.
Employee and EPFO history for Teamlease Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Teamlease Services Limited
GST registrations and filing compliance for Teamlease Services Limited
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Credit Ratings, Litigation & Regulatory Alerts for Teamlease Services Limited
Credit ratings, litigation, and regulatory alerts for Teamlease Services Limited
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MSME Payment Delays by Teamlease Services Limited
MSME payment history for Teamlease Services Limited
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Subsidiaries & Group Companies of Teamlease Services Limited
Corporate group structure for Teamlease Services Limited
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MCA Filings & Documents of Teamlease Services Limited
MCA filings and documents for Teamlease Services Limited
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Recent Activity on Teamlease Services Limited
Recent News on Teamlease Services Limited
Frequently Asked Questions about Teamlease Services Limited
Teamlease Services Limited is an active public limited company in the business outsourcing sector based in Bangalore North, Karnataka, India. It was incorporated on 02 February 2000 (26+ years old) and is registered under CIN L74140KA2000PLC118395. Listed on BSE: 539658. The company has 244,893 employees.
Teamlease Services Limited reported revenue of ₹11,791 Cr for FY 2026 (up 5.69% YoY) based on consolidated NSE filings.
The current directors of Teamlease Services Limited are:
- Manish Sabharwal - Whole-Time Director
- Mekin Maheshwari - Director
- Meenakshi Nevatia - Director
- Subramaniam Somasundaram - Director
- Ashok Kumar Nedurumalli - Managing Director
- Narayan Ramachandran - Director
- Rajnarayan Ramakrishnan - Director
- Suparna Mitra - Managing Director
The primary industry of Teamlease Services Limited is business outsourcing. The company specifically operates in HR outsourcing and talent management. The company is currently active in this sector.
Yes. Teamlease Services Limited is listed on BSE with code 539658.
Teamlease Services Limited can be reached at the registered office: Infinix Square B – 4 B – 5 & B – 6, Hal Industrial Estate Hal Gb Quarters Vibhutipura, Bangalore North, Karnataka, India – 560037, or through the website teamlease.com.