- Total income
- ₹11,201 Cr
- Profit
- ₹109 Cr

About Teamlease Services Limited
Data last updated:
Teamlease Services Limited is a public limited company based in Bangalore, 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.
Teamlease Services is ranked #241 on the Fortune India 500 (2025).
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. It is a listed company as per MCA records. Its shares are listed on BSE: 539658 and NSE: TEAMLEASE.
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 2026. The registered office is at Bangalore, Karnataka.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹11,791 Cr, a growth of 5.7% compared to the previous year. For the same year it recorded a net profit of ₹136.99 Cr (net margin 1.2%) and EBITDA of ₹151.23 Cr (EBITDA margin 1.3%). The net worth stands at ₹1,043.3 Cr (up 15% YoY). Total assets are valued at ₹1,540.4 Cr (up 30.3% 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. Court records list 239 cases involving the company, including 36 filed by the company and 203 filed against it; 91 cases are pending. The company has 37 deals on record (29 market trades, 4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹152.16 Cr; the latest was in November 2025. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 807 overdue payments to 96 micro and small suppliers.
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.
Company details
Name history
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
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 |
Recognitions & Rankings of Teamlease Services
- Valuation
- ₹7,970 Cr
Contact details
Teamlease Services Limited's registered office is in Bangalore, Karnataka. Its website is teamlease.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressInfinix Square B – 4 B – 5 & B – 6, Hal Industrial Estate Hal Gb Quarters Vibhutipura, Bangalore, Karnataka, India – 560037
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Teamlease Services Limited, buy the company report.
- 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
Brands
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 |
Business activity
The main business activity of Teamlease Services is administrative and support service activities. In detail, this covers employment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities |
To see the full business activity and turnover split of Teamlease Services Limited, buy the company report.
Financials of Teamlease Services Limited
FY 2025-26 filings availableTeamlease Services Limited reported revenue of ₹11,791 Cr (up 5.7% 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 | +5.7% | +19.7% | +18.4% | +21.5% | +32.7% | -6.1% | - |
| 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% | - | - | - |
| 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 | +4.9% | +21.3% | +22.8% | +21.9% | +26.3% | -6.6% | - |
| 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% | - | - | - |
| 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% | - | - | - |
| 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 | +5.7% | +19.7% | +18.4% | +21.5% | +32.7% | -6.1% | - |
| 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% | - |
| 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 / 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% | - | - | - |
| 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 | +4.9% | +21.3% | +22.8% | +21.9% | +26.3% | -6.6% | - |
| 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% | - |
| 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 / 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 |
To see the full year-wise statements and ratios of Teamlease Services Limited, buy the company report.
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 9 Months | Current |
| Mekin Maheshwari | Director | 09 Jun 2021 | 5 Years 4 Months | Current |
| Meenakshi Nevatia Also directs: Pfizer Limited | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
| Subramaniam Somasundaram Also directs: United Breweries Limited, Honasa Consumer Limited, Life Style International Private Limited and 3 more | Director | 28 Jul 2021 | 5 Years 3 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 2 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 3 Months | Current |
Auditor
Teamlease Services Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W |
Shareholding
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% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2023 | 100846689 | Hdfc Bank Limited | ₹150 Cr | Open | |
| 08 Jul 2021 | 100470010 | State Bank of India | ₹15 Cr | Open | |
| 05 Feb 2021 | 100419781 | Axis Bank Limited | ₹18 Cr | Open | |
| 23 Sep 2019 | 100292653 | Others | ₹50 Cr | Open | |
| 24 Aug 2017 | 100128279 | State Bank of India | ₹90,000 | Open |
To see the full charge records of Teamlease Services Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Teamlease Services Limited has 37 deals on record (29 market trades, 4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹152.16 Cr; the latest was in November 2025.
Deals on record (5 of 37)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹50.93 Cr | Buyer: NK Securities Research Private Limited , Silverleaf Capital Services Private Limited Seller: NK Securities Research Private Limited , Silverleaf Capital Services Private Limited |
| Apr 2018 | Market trade | ₹64.5 Cr | Buyer: Templeton Mutual Fund A/C Franklin India Smaller Companies Fund Seller: Hr Offshoring Ventures Pte Ltd, Ned Consultants LLP |
| Jun 2017 | Market trade | ₹11.37 Cr | Seller: Ned Consultants LLP |
| Feb 2016 | Market trade | ₹9.74 Cr | Buyer: GRD Securities Limited Seller: GRD Securities Limited |
| Feb 2016 | Market trade | ₹144.16 Cr | Buyer: The Mtbj A/C Nomura India Investment Fund Mother Fund, Goldman Sachs Public Market Fund, GRD Securities Limited Seller: GRD Securities Limited , Crosseas Capital Markets Private Limited , Way2wealth Distributors Private Limited |
To see the full deal history of Teamlease Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Teamlease Services Limited has 239 court cases on record: 36 filed by Teamlease Services, 203 filed against it. 91 cases are pending and 148 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 192 | 178 | 85 |
| High courts | 45 | 24 | 6 |
| NCLT | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 239)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Writ petition | Filed by the company against M/S Tata Steel Ltd., Through Its Manager, Noamundi Iron Ore Mines, West Singhbhum and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Dynamic Aura LLP | Pending |
| High Court of Chhattisgarh | Writ petition | Filed by the company against Chhattisgarh State Marketing Corporation Ltd. and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Dynamic Aura LLP | Disposed |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Disposed |
To see the full case history of Teamlease Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Teamlease Services Limited was last rated by Icra on 28 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Jun 2021 |
To see the full credit ratings and regulatory alerts of Teamlease Services Limited, buy the company report.
MSME payment delays
Teamlease Services Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 807 overdue payments to 96 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 96)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Urmila Seeds Producer Company Limited | |||
| Southern E-Commerce Solutions Private Limited | |||
| Safetify Network | |||
| Shiv Rent-A-Car Private Limited | |||
| Top Industrial Protection Security Group |
To see the full MSME payment records of Teamlease Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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 |
To see the full group structure of Teamlease Services Limited, buy the company report.
Employees & EPFO
Teamlease Services Limited has a workforce of 244,893 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Teamlease Services Limited, buy the company report.
Recent activity
Teamlease Services Limited has 32 board changes on record since 2000: 21 appointments and 11 cessations. The latest: Suparna Mitra was appointed as Managing Director on 02 Feb 2026.
47 earlier events are in the company report.
News
Frequently asked questions
Teamlease Services is an active public limited company based in Bangalore, 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 and NSE: TEAMLEASE.
Teamlease Services reported revenue of ₹11,791 Cr for FY 2025-26 (up 5.7% 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 latest financial statements of Teamlease Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
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 a listed company as per MCA records. Its shares are listed on both BSE (code: 539658) and NSE (symbol: TEAMLEASE).
Teamlease Services has 239 court cases on record: 36 filed by the company and 203 filed against it. 91 are pending. Most are in the district courts.
Teamlease Services was incorporated on 02 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Teamlease Services has 37 deals on record (29 market trades, 4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹152.16 Cr; the latest was in November 2025.
Suparna Mitra was appointed as Managing Director on 02 Feb 2026. Latika Prakash Pradhan ceased to be Director on 07 Jul 2025. Viswanathan Raghunathan ceased to be Director on 07 Jul 2025. Teamlease Services has 32 board changes on record in total.

