
About Teamlease Services Limited
Data last updated:
Teamlease Services Limited is a public limited company based in Bangalore North, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L74140KA2000PLC118395. Its GSTIN is 29AABCT5458K1ZT (Karnataka). The company holds 17 GST registrations, of which 14 are active. Its shares are listed on BSE: 539658.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹16.77 Cr. It was formerly known as India Life Chakravarti Actuarial Services Private Limited. It is led by directors including Ashok Kumar Nedurumalli (Managing Director) and Suparna Mitra (Managing Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore North, Karnataka.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹11,791 Cr, a growth of 5.69% compared to the previous year. The net worth stands at ₹1,043.3 Cr (up 15.04% YoY). Total assets are valued at ₹1,540.4 Cr (up 30.29% YoY).
The company has about 244,893 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
The company is associated with 5 brands: Apprentices, TeamLease e-hire, TeamLease Digital, Freshersworld and 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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressInfinix Square B – 4 B – 5 & B – 6, Hal Industrial Estate Hal Gb Quarters Vibhutipura, Bangalore North, Karnataka, India – 560037
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Name History of Teamlease Services
Teamlease Services has undergone 4 name changes throughout its history. The current legal name is Teamlease Services Limited.
| 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
Teamlease Services 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
Teamlease Services operates multiple associated brands including Apprentices, TeamLease e-hire, and TeamLease Digital. Each brand links to its own profile.
| 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
Brands and companies operating in the same space as Teamlease Services Limited include Phenom, Glints, Eightfold and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Talent experience management platforms are provided for engagement and recruitment. | Ambler, United States, United States | 2010 |
| | Graduate jobs are matched via an online profile platform. | Singapore, Singapore, Singapore | 2013 |
| | An AI platform is provided for talent acquisition and management. | Santa Clara, United States, United States | 2016 |
| | Cloud-based applicant tracking solutions are offered for candidate hiring. | New York, United States, United States | 2012 |
| | Talent acquisition software is provided by iCIMS since 2000. | Holmdel, United States, United States | 2000 |
| | Cloud-based ATS and hiring platform services are provided. | San Francisco, United States, United States | 2010 |
| | A video interview platform is operated by HireVue since 2004. | South Jordan, United States, United States | 2004 |
| | Graduates are matched with entry-level jobs via an online platform. | New York, United States, United States | 2014 |
| | Graduates are connected to employers via an online job platform. | San Francisco, United States, United States | 2014 |
| | Graduates are connected to job opportunities via an online platform. | Paris, France, France | 2008 |
Business Activity of Teamlease Services
The main business activity of Teamlease Services is administrative and support service activities. In detail, this covers 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 share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Teamlease Services
Teamlease Services Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history for Teamlease Services Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Teamlease Services Limited
Teamlease Services has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Sabharwal Also directs: Dihea Products India Private Limited, MKS Management Consultancy Services LLP, Lupin Ventures Private Limited and 2 more | Whole-Time Director | 02 Feb 2000 | 26 Years 8 Months | Current |
| Mekin Maheshwari | Director | 09 Jun 2021 | 5 Years 3 Months | Current |
| Meenakshi Nevatia Also directs: Pfizer Limited | Director | 28 Jul 2021 | 5 Years 2 Months | Current |
| Subramaniam Somasundaram Also directs: United Breweries Limited, Honasa Consumer Limited, Life Style International Private Limited and 4 more | Director | 28 Jul 2021 | 5 Years 2 Months | Current |
| Ashok Kumar Nedurumalli Also directs: Ned Consultants LLP, Dihea Products India Private Limited, Teamlease Hrtech Private Limited and 1 more | Managing Director | 03 Sep 2015 | 11 Years 1 Months | Current |
| Narayan Ramachandran Also directs: Uc Investment Management LLP, TVS Capital Funds Private Limited, Uc Inclusive Credit Private Limited and 4 more | Director | 09 Jul 2015 | 11 Years 2 Months | Current |
Financials of Teamlease Services Limited FY 2025-26 filings available
Teamlease Services Limited reported revenue of ₹11,791 Cr (up 5.69% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11,791 | 11,156 | 9,322 | 7,870 | 6,480 | 4,881 | 5,201 |
| Revenue growth | +5.6% | +19.9% | +18.5% | +21.0% | +34.0% | -6.3% | +17.3% |
| EBITDA | 151 | 138 | 131 | 111 | 66.21 | 94.42 | 93.00 |
| EBITDA margin | +1.3% | +1.2% | +1.4% | +1.4% | +1.0% | +1.9% | +1.8% |
| Profit before tax | 150 | 114 | 118 | 115 | 45.55 | 88.53 | 82.96 |
| Net profit | 137 | 103 | 105 | 108 | 97.89 | 79.56 | 34.69 |
| Net profit margin | +1.2% | +0.9% | +1.1% | +1.4% | +1.5% | +1.6% | +0.7% |
| EPS (₹) | 83.30 | 64.85 | 66.88 | 65.11 | 22.48 | 45.33 | 20.46 |
| Balance sheet | |||||||
| Total assets | 1,540 | 1,182 | 1,036 | 1,047 | 884 | 771 | 773 |
| Net worth | 1,043 | 907 | 798 | 808 | 693 | 652 | 572 |
| Total debt | 116 | 118 | 105 | 100 | 59.83 | 22.85 | 124 |
| Cash & bank | 302 | 179 | 336 | 248 | 293 | 289 | 97.00 |
| Net working capital | 464 | 328 | 337 | 190 | 284 | 234 | 84.87 |
| Cash flow | |||||||
| Cash from operations | 302 | 104 | 118 | 126 | (6.15) | 303 | 9.69 |
| 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) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,035 | 2,925 | 2,990 | 3,032 | 2,891 | 2,858 | 2,921 | 2,797 |
| Revenue growth (YoY) | +5.0% | +2.3% | +2.4% | +8.4% | +12.1% | +17.5% | +19.5% | +23.1% |
| Other income | 21.81 | 23.97 | 23.93 | 8.83 | 12.93 | 9.90 | 10.22 | 10.69 |
| EBITDA | 31.47 | 45.65 | 36.63 | 38.30 | 30.65 | 47.48 | 34.91 | 33.45 |
| EBITDA margin | +1.0% | +1.6% | +1.2% | +1.3% | +1.1% | +1.7% | +1.2% | +1.2% |
| Depreciation | 13.37 | 14.87 | 13.76 | 14.12 | 13.58 | 13.37 | 13.33 | 13.87 |
| Interest | 3.65 | 3.14 | 3.41 | 4.00 | 3.74 | 4.17 | 3.24 | 4.36 |
| Profit before tax | 36.26 | 51.61 | 43.39 | 29.01 | 26.26 | 39.84 | 28.56 | 25.91 |
| Tax | 1.81 | 5.56 | 0.91 | 1.17 | 1.25 | 1.96 | 0.19 | 1.06 |
| Net profit | 34.45 | 46.05 | 42.48 | 27.84 | 25.01 | 37.88 | 28.37 | 24.85 |
| EPS (₹) | 20.79 | 26.18 | 24.88 | 16.41 | 15.83 | 20.85 | 16.95 | 14.66 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 10,736 | 10,236 | 8,441 | 6,876 | 5,640 | 4,466 | 4,783 |
| Revenue growth | +5.1% | +21.4% | +22.7% | +21.1% | +27.8% | -6.5% | +16.0% |
| EBITDA | 73.24 | 89.02 | 84.97 | 65.24 | 13.60 | 64.05 | 74.78 |
| EBITDA margin | +0.7% | +0.9% | +1.0% | +1.0% | +0.2% | +1.4% | +1.6% |
| Profit before tax | 98.03 | 97.20 | 109 | 99.18 | 24.32 | 91.34 | 95.01 |
| Net profit | 103 | 90.90 | 97.97 | 93.56 | 86.22 | 83.42 | 41.26 |
| Net profit margin | +1.0% | +0.9% | +1.2% | +1.4% | +1.5% | +1.9% | +0.9% |
| EPS (₹) | 57.98 | 57.30 | 63.09 | 56.84 | 13.16 | 49.17 | 24.32 |
| Balance sheet | |||||||
| Total assets | 1,380 | 1,066 | 958 | 979 | 843 | 766 | 752 |
| Net worth | 954 | 860 | 762 | 777 | 679 | 654 | 569 |
| Total debt | 75.90 | 73.06 | 82.35 | 85.65 | 53.30 | 21.06 | 109 |
| Cash & bank | 290 | 173 | 249 | 174 | 241 | 264 | 90.27 |
| Net working capital | 273 | 198 | 155 | 24.66 | 153 | 150 | 31.26 |
| Cash flow | |||||||
| Cash from operations | 259 | 96.48 | 82.21 | 82.72 | (37.07) | 258 | 8.74 |
| 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 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,739 | 2,625 | 2,720 | 2,750 | 2,640 | 2,592 | 2,686 | 2,576 |
| Revenue growth (YoY) | +3.8% | +1.3% | +1.3% | +6.8% | +10.8% | +17.1% | +20.9% | +25.5% |
| Other income | 21.72 | 26.29 | 24.09 | 11.62 | 12.52 | 13.06 | 13.05 | 13.34 |
| Total expenses | 2,723 | 2,616 | 2,702 | 2,728 | 2,617 | 2,570 | 2,661 | 2,554 |
| EBITDA | 16.25 | 9.82 | 17.72 | 21.95 | 23.75 | 21.42 | 24.93 | 22.09 |
| EBITDA margin | +0.6% | +0.4% | +0.7% | +0.8% | +0.9% | +0.8% | +0.9% | +0.9% |
| Depreciation | 10.28 | 11.00 | 10.05 | 9.88 | 9.39 | 9.64 | 9.39 | 9.35 |
| Interest | 2.66 | 2.16 | 2.31 | 2.63 | 2.31 | 2.88 | 2.38 | 3.61 |
| Profit before tax | 25.03 | 22.95 | 29.45 | 21.06 | 24.57 | 21.96 | 26.21 | 22.47 |
| Tax | 0.74 | 1.45 | (0.36) | (0.05) | (0.24) | 1.02 | (0.02) | 0.22 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,035 | 2,925 | 2,990 | 3,032 | 2,891 | 2,858 | 2,921 | 2,797 |
| Revenue growth (YoY) | +5.0% | +2.3% | +2.4% | +8.4% | +12.1% | +17.5% | +19.5% | +23.1% |
| Other income | 21.81 | 23.97 | 23.93 | 8.83 | 12.93 | 9.90 | 10.22 | 10.69 |
| EBITDA | 31.47 | 45.65 | 36.63 | 38.30 | 30.65 | 47.48 | 34.91 | 33.45 |
| EBITDA margin | +1.0% | +1.6% | +1.2% | +1.3% | +1.1% | +1.7% | +1.2% | +1.2% |
| Depreciation | 13.37 | 14.87 | 13.76 | 14.12 | 13.58 | 13.37 | 13.33 | 13.87 |
| Interest | 3.65 | 3.14 | 3.41 | 4.00 | 3.74 | 4.17 | 3.24 | 4.36 |
| Profit before tax | 36.26 | 51.61 | 43.39 | 29.01 | 26.26 | 39.84 | 28.56 | 25.91 |
| Tax | 1.81 | 5.56 | 0.91 | 1.17 | 1.25 | 1.96 | 0.19 | 1.06 |
| Net profit | 34.45 | 46.05 | 42.48 | 27.84 | 25.01 | 37.88 | 28.37 | 24.85 |
| EPS (₹) | 20.79 | 26.18 | 24.88 | 16.41 | 15.83 | 20.85 | 16.95 | 14.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,791 | 11,156 | 9,322 | 7,870 | 6,480 | 4,881 | 5,201 |
| Revenue growth | +5.6% | +19.9% | +18.5% | +21.0% | +34.0% | -6.3% | +17.3% |
| Other income | 69.66 | 44.89 | 49.69 | 53.16 | 24.10 | 34.72 | 30.84 |
| Total expenses | 11,639 | 11,018 | 9,191 | 7,759 | 6,414 | 4,787 | 5,108 |
| Employee cost | 11,230 | 10,623 | 8,906 | 7,570 | 6,181 | 4,687 | 4,936 |
| EBITDA | 151 | 138 | 131 | 111 | 66.21 | 94.42 | 93.00 |
| EBITDA margin | +1.3% | +1.2% | +1.4% | +1.4% | +1.0% | +1.9% | +1.8% |
| Depreciation | 56.33 | 53.68 | 52.53 | 43.16 | 40.79 | 33.71 | 28.59 |
| Interest | 14.29 | 14.80 | 10.23 | 5.69 | 3.97 | 6.90 | 12.29 |
| Profit before tax | 150 | 114 | 118 | 115 | 45.55 | 88.53 | 82.96 |
| Tax | 8.89 | 4.03 | 5.07 | 3.48 | 6.11 | 10.06 | 48.00 |
| Net profit | 137 | 103 | 105 | 108 | 97.89 | 79.56 | 34.69 |
| Net profit margin | +1.2% | +0.9% | +1.1% | +1.4% | +1.5% | +1.6% | +0.7% |
| EPS (₹) | 83.30 | 64.85 | 66.88 | 65.11 | 22.48 | 45.33 | 20.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 16.77 | 16.77 | 16.77 | 17.10 | 17.10 | 17.10 | 17.10 |
| Reserves & surplus | 1,027 | 890 | 781 | 791 | 676 | 635 | 555 |
| Shareholders' funds (net worth) | 1,043 | 907 | 798 | 808 | 693 | 652 | 572 |
| Minority interest | 16.54 | 16.05 | 13.23 | 12.85 | 12.59 | 4.00 | 0.00 |
| Secured loans | 33.50 | 42.48 | 30.52 | 19.34 | 27.67 | 0.01 | 76.23 |
| Unsecured loans | 82.77 | 75.58 | 74.29 | 80.78 | 32.16 | 22.84 | 47.44 |
| Total debt | 116 | 118 | 105 | 100 | 59.83 | 22.85 | 124 |
| Total liabilities | 1,540 | 1,182 | 1,036 | 1,047 | 884 | 771 | 773 |
| Assets | |||||||
| Gross block | 566 | 531 | 505 | 480 | 407 | 354 | 345 |
| Net block | 339 | 311 | 293 | 303 | 262 | 255 | 265 |
| Capital work in progress | 14.44 | 33.67 | 11.30 | 16.91 | 17.83 | 15.09 | 11.42 |
| Investments | 203 | 75.64 | 3.00 | 194 | 53.35 | 69.99 | 25.31 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 545 | 491 | 450 | 380 | 370 | 278 | 296 |
| Cash & bank balances | 302 | 179 | 336 | 248 | 293 | 289 | 97.00 |
| Loans & advances | 877 | 621 | 451 | 279 | 276 | 207 | 174 |
| Total current assets | 1,724 | 1,291 | 1,236 | 907 | 938 | 774 | 567 |
| Total current liabilities | 1,260 | 962 | 899 | 717 | 654 | 539 | 483 |
| Net working capital | 464 | 328 | 337 | 190 | 284 | 234 | 84.87 |
| Total assets | 1,540 | 1,182 | 1,036 | 1,047 | 884 | 771 | 773 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 59.42 | 138 | 130 | 151 | 259 | 12.45 | 50.13 |
| Net cash from operating activities | 302 | 104 | 118 | 126 | (6.15) | 303 | 9.69 |
| 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 cash | 83.83 | (78.12) | 7.43 | (21.27) | (108) | 247 | (37.68) |
| Closing cash | 302 | 179 | 336 | 248 | 293 | 289 | 97.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.7% | +19.7% | +18.4% | +21.5% | +32.7% | -6.1% | +16.9% |
| EBITDA growth | +9.5% | +5.6% | +18.1% | +67.2% | -29.9% | +1.5% | -1.2% |
| 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% | -64.6% |
| 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 / equity | 0.12 | 0.13 | 0.13 | 0.11 | 0.06 | 0.12 | 0.12 |
| Long-term debt / equity | 0.05 | 0.06 | 0.07 | 0.05 | 0.03 | 0.04 | 0.03 |
| Interest cover | 15.06 | 17.53 | 13.07 | 8.42 | 15.62 | 11.37 | 19.08 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 21.49 | 21.55 | 18.93 | 17.74 | 17.03 | 13.96 | 20.13 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 22.76 | 23.71 | 22.47 | 20.99 | 20.02 | 17.02 | 18.56 |
| EPS (₹) | 83.30 | 64.85 | 66.88 | 65.11 | 22.48 | 45.33 | 20.46 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 622.12 | 540.79 | 475.86 | 472.30 | 405.46 | 381.37 | 334.62 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,739 | 2,625 | 2,720 | 2,750 | 2,640 | 2,592 | 2,686 | 2,576 |
| Revenue growth (YoY) | +3.8% | +1.3% | +1.3% | +6.8% | +10.8% | +17.1% | +20.9% | +25.5% |
| Other income | 21.72 | 26.29 | 24.09 | 11.62 | 12.52 | 13.06 | 13.05 | 13.34 |
| Total expenses | 2,723 | 2,616 | 2,702 | 2,728 | 2,617 | 2,570 | 2,661 | 2,554 |
| EBITDA | 16.25 | 9.82 | 17.72 | 21.95 | 23.75 | 21.42 | 24.93 | 22.09 |
| EBITDA margin | +0.6% | +0.4% | +0.7% | +0.8% | +0.9% | +0.8% | +0.9% | +0.9% |
| Depreciation | 10.28 | 11.00 | 10.05 | 9.88 | 9.39 | 9.64 | 9.39 | 9.35 |
| Interest | 2.66 | 2.16 | 2.31 | 2.63 | 2.31 | 2.88 | 2.38 | 3.61 |
| Profit before tax | 25.03 | 22.95 | 29.45 | 21.06 | 24.57 | 21.96 | 26.21 | 22.47 |
| Tax | 0.74 | 1.45 | (0.36) | (0.05) | (0.24) | 1.02 | (0.02) | 0.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 10,736 | 10,236 | 8,441 | 6,876 | 5,640 | 4,466 | 4,783 |
| Revenue growth | +5.1% | +21.4% | +22.7% | +21.1% | +27.8% | -6.5% | +16.0% |
| Other income | 74.52 | 56.55 | 63.78 | 62.17 | 32.51 | 48.19 | 43.65 |
| Total expenses | 10,663 | 10,147 | 8,356 | 6,811 | 5,627 | 4,402 | 4,709 |
| Employee cost | 10,468 | 9,952 | 8,194 | 6,718 | 5,486 | 4,327 | 4,580 |
| EBITDA | 73.24 | 89.02 | 84.97 | 65.24 | 13.60 | 64.05 | 74.78 |
| EBITDA margin | +0.7% | +0.9% | +1.0% | +1.0% | +0.2% | +1.4% | +1.6% |
| Depreciation | 40.32 | 37.05 | 31.87 | 23.47 | 18.21 | 15.12 | 14.73 |
| Interest | 9.41 | 11.32 | 8.19 | 4.76 | 3.58 | 5.78 | 8.69 |
| Profit before tax | 98.03 | 97.20 | 109 | 99.18 | 24.32 | 91.34 | 95.01 |
| Tax | 0.80 | 1.10 | 2.89 | 1.98 | 1.82 | 7.28 | 53.44 |
| Net profit | 103 | 90.90 | 97.97 | 93.56 | 86.22 | 83.42 | 41.26 |
| Net profit margin | +1.0% | +0.9% | +1.2% | +1.4% | +1.5% | +1.9% | +0.9% |
| EPS (₹) | 57.98 | 57.30 | 63.09 | 56.84 | 13.16 | 49.17 | 24.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 16.77 | 16.77 | 16.77 | 17.10 | 17.10 | 17.10 | 17.10 |
| Reserves & surplus | 937 | 844 | 746 | 760 | 661 | 637 | 552 |
| Shareholders' funds (net worth) | 954 | 860 | 762 | 777 | 679 | 654 | 569 |
| Secured loans | 0.00 | 6.25 | 13.83 | 12.96 | 25.17 | 0.01 | 64.87 |
| Unsecured loans | 75.90 | 66.81 | 68.52 | 72.69 | 28.13 | 21.05 | 43.70 |
| Total debt | 75.90 | 73.06 | 82.35 | 85.65 | 53.30 | 21.06 | 109 |
| Total liabilities | 1,380 | 1,066 | 958 | 979 | 843 | 766 | 752 |
| Assets | |||||||
| Gross block | 212 | 185 | 194 | 172 | 100 | 80.58 | 98.94 |
| Net block | 124 | 89.72 | 95.03 | 88.59 | 37.78 | 27.89 | 46.86 |
| Capital work in progress | 11.38 | 29.39 | 7.26 | 14.80 | 16.28 | 14.41 | 11.42 |
| Investments | 498 | 365 | 337 | 528 | 374 | 374 | 287 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 353 | 339 | 303 | 251 | 242 | 216 | 240 |
| Cash & bank balances | 290 | 173 | 249 | 174 | 241 | 264 | 90.27 |
| Loans & advances | 733 | 520 | 375 | 214 | 203 | 164 | 130 |
| Total current assets | 1,376 | 1,032 | 928 | 638 | 686 | 644 | 460 |
| Total current liabilities | 1,104 | 834 | 772 | 614 | 533 | 494 | 428 |
| Net working capital | 273 | 198 | 155 | 24.66 | 153 | 150 | 31.26 |
| Total assets | 1,380 | 1,066 | 958 | 979 | 843 | 766 | 752 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 83.37 | 84.24 | 112 | 129 | 239 | 15.50 | 59.10 |
| Net cash from operating activities | 259 | 96.48 | 82.21 | 82.72 | (37.07) | 258 | 8.74 |
| 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 cash | 76.27 | (0.87) | (27.84) | (16.58) | (110) | 223 | (43.60) |
| Closing cash | 290 | 173 | 249 | 174 | 241 | 264 | 90.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.9% | +21.3% | +22.8% | +21.9% | +26.3% | -6.6% | +15.8% |
| EBITDA growth | -17.7% | +4.8% | +30.2% | +379.7% | -78.8% | -14.4% | +2.4% |
| 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% | -57.5% |
| 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 / equity | 0.08 | 0.10 | 0.11 | 0.10 | 0.06 | 0.11 | 0.10 |
| Long-term debt / equity | 0.05 | 0.06 | 0.07 | 0.05 | 0.02 | 0.04 | 0.03 |
| Interest cover | 28.58 | 21.78 | 15.42 | 11.40 | -77.66 | 11.81 | 14.47 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 54.01 | 53.93 | 46.05 | 50.49 | 62.42 | 49.75 | 81.98 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 31.00 | 31.86 | 30.47 | 27.91 | 24.63 | 19.60 | 19.85 |
| EPS (₹) | 57.98 | 57.30 | 63.09 | 56.84 | 13.16 | 49.17 | 24.32 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 568.74 | 513.02 | 454.55 | 454.67 | 396.87 | 382.75 | 332.69 |
Shareholding Pattern of Teamlease Services Limited
Shareholding for the quarter ended Sep 2026: promoters hold 31.10%, foreign institutional investors hold 7.00%, domestic institutional investors hold 47.80% and retail and other public shareholders hold 14.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 31.10% | 31.10% | 31.10% | 31.10% |
| Public | 68.90% | 68.90% | 68.90% | 68.90% |
Group Structure of Teamlease Services Limited
Teamlease Services has 7 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| 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
| 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
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 and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Teamlease Services
Teamlease Services has 17 GST registrations: 14 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCT5458K1ZT | Karnataka | Active | 01 Jul 2017 |
| 07AABCT5458K1ZZ | Delhi | Active | 01 Jul 2017 |
| 19AABCT5458K1ZU | West Bengal | Active | 01 Jul 2017 |
| 24AABCT5458K1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance for Teamlease Services Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Teamlease Services
Credit ratings, litigation, and regulatory alerts for Teamlease Services Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Teamlease Services
MSME payment history for Teamlease Services Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Teamlease Services
Corporate group structure for Teamlease Services Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Teamlease Services
MCA filings and documents for Teamlease Services Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Teamlease Services
Recent News on Teamlease Services
Frequently Asked Questions about Teamlease Services Limited
Teamlease Services is an active public limited company based in Bangalore North, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 February 2000 (26+ years old) and is registered under CIN L74140KA2000PLC118395. Listed on BSE: 539658.
Teamlease Services reported revenue of ₹11,791 Cr for FY 2025-26 (up 5.69% YoY) based on consolidated financials.
Teamlease Services has 8 current directors:
- Ashok Kumar Nedurumalli - Managing Director
- Suparna Mitra - Managing Director
- Manish Sabharwal - Whole-Time Director
- Mekin Maheshwari - Director
- Meenakshi Nevatia - Director
- Subramaniam Somasundaram - Director
- Narayan Ramachandran - Director
- Rajnarayan Ramakrishnan - Director
The GSTIN of Teamlease Services is 29AABCT5458K1ZT, registered in Karnataka. The company has 17 GST registrations in all, of which 14 are active and 3 are cancelled or inactive. Other active GSTINs include 07AABCT5458K1ZZ (Delhi), 19AABCT5458K1ZU (West Bengal), 24AABCT5458K1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Teamlease Services is L74140KA2000PLC118395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Teamlease Services is listed on BSE with code 539658.
Teamlease Services was incorporated on 02 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Teamlease Services can be reached through the website teamlease.com. Its registered office is in Bangalore North, Karnataka, India.
The registered office of Teamlease Services is at Infinix Square B – 4 B – 5 & B – 6, Hal Industrial Estate Hal Gb Quarters Vibhutipura, Bangalore North, Karnataka, India – 560037.