Teamlease Services (TEAMLEASE)₹995.30−3.59%Diversified Commercial Services
In the Jun 2026 quarter (consolidated), Teamlease Services reported sales of ₹3,043 Cr, up 5.0% from Jun 2025, and net profit of ₹33.94 Cr, up 36.0% year on year. For the year to Mar 2026, sales were ₹11,824 Cr and net profit ₹141 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,277 | 2,452 | 2,436 | 2,585 | 2,802 | 2,927 | 2,865 | 2,897 | 3,037 | 2,995 | 2,933 | 3,043 |
| Expenses | 2,250 | 2,418 | 2,406 | 2,568 | 2,774 | 2,899 | 2,820 | 2,872 | 3,006 | 2,960 | 2,889 | 3,017 |
| Operating Profit | 32.03 | 36.02 | 37.07 | 22.02 | 33.02 | 35.01 | 47.06 | 31.02 | 38.03 | 42.03 | 46.03 | 31.03 |
| OPM % | 1.4% | 1.5% | 1.5% | 0.9% | 1.2% | 1.2% | 1.7% | 1.1% | 1.3% | 1.4% | 1.6% | 1.0% |
| Other Income | 12.99 | 14.01 | 9.01 | 14.01 | 11.01 | 10.01 | 10.01 | 13.01 | 9.01 | 18.01 | 24.03 | 22.02 |
| Interest | 2.01 | 3.01 | 3.01 | 3.01 | 4.01 | 3.01 | 4.01 | 4.01 | 4.01 | 3.01 | 3.01 | 4.01 |
| Depreciation | 13.05 | 14.05 | 14.04 | 13.04 | 14.03 | 13.04 | 13.04 | 14.05 | 14.04 | 14.03 | 15.04 | 13.04 |
| Profit before tax | 28.92 | 32.89 | 29.88 | 19.92 | 25.91 | 28.89 | 39.83 | 25.92 | 28.89 | 42.87 | 51.79 | 35.88 |
| Tax % | 6.0% | 6.0% | 5.0% | 4.0% | 4.0% | 1.0% | 5.0% | 5.0% | 4.0% | 2.0% | 11.1% | 5.0% |
| Exceptional items | 0.00 | 3.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −5.05 | 0.00 | 0.00 |
| Net Profit | 27.92 | 30.92 | 27.92 | 18.95 | 24.95 | 27.93 | 37.90 | 24.96 | 27.92 | 41.94 | 45.89 | 33.94 |
| EPS (Rs) | 16.32 | 18.55 | 16.46 | 12.45 | 14.71 | 17.00 | 20.92 | 15.89 | 16.46 | 24.98 | 26.28 | 20.85 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,509 | 3,050 | 3,634 | 4,459 | 5,215 | 4,895 | 6,495 | 7,891 | 9,338 | 11,183 | 11,824 | 12,008 |
| Expenses | 2,489 | 3,017 | 3,571 | 4,372 | 5,126 | 4,805 | 6,360 | 7,776 | 9,233 | 11,056 | 11,676 | 11,873 |
| Operating Profit | 26.01 | 37.04 | 69.11 | 94.04 | 93.09 | 97.06 | 142 | 122 | 131 | 138 | 157 | 157 |
| OPM % | 1.0% | 1.2% | 1.9% | 2.1% | 1.8% | 2.0% | 2.2% | 1.6% | 1.4% | 1.2% | 1.3% | 1.3% |
| Other Income | 15.01 | 22.01 | 16.01 | 18.03 | 31.03 | 32.05 | −52.07 | 41.02 | 50.07 | 45.01 | 64.09 | 73.07 |
| Interest | 1.01 | 1.01 | 2.01 | 4.99 | 12.01 | 7.01 | 4.01 | 6.01 | 10.01 | 15.01 | 14.01 | 14.04 |
| Depreciation | 3.01 | 6.02 | 9.03 | 11.03 | 29.07 | 34.08 | 41.10 | 43.16 | 53.16 | 54.16 | 56.13 | 56.15 |
| Profit before tax | 37.88 | 51.86 | 72.81 | 95.72 | 82.73 | 88.75 | 45.84 | 115 | 118 | 114 | 149 | 159 |
| Tax % | 34.1% | −11.9% | −1.0% | −2.0% | 58.1% | 11.1% | 13.1% | 3.0% | 4.0% | 4.0% | 6.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −1.99 | −58.77 | 3.98 | 6.98 | 4.99 | −4.98 | −5.05 |
| Net Profit | 24.95 | 57.88 | 72.80 | 97.76 | 34.90 | 77.89 | 38.93 | 112 | 113 | 110 | 141 | 150 |
| EPS (Rs) | 14.56 | 33.81 | 43.15 | 57.50 | 20.53 | 45.47 | 22.57 | 65.35 | 67.16 | 65.07 | 83.60 | 88.57 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.52 | 17.06 | 17.03 | 17.03 | 17.04 | 17.04 | 17.05 | 17.04 | 17.04 | 17.04 | 17.03 | 17.04 |
| Reserves | 148 | 294 | 349 | 425 | 522 | 554 | 635 | 676 | 790 | 781 | 890 | 1,027 |
| Borrowings | 0.00 | 19.03 | 1.01 | 7.01 | 11.02 | 124 | 23.04 | 60.08 | 100 | 105 | 118 | 116 |
| Other Liabilities | 165 | 249 | 307 | 439 | 543 | 561 | 638 | 788 | 860 | 1,037 | 1,123 | 1,647 |
| Total Liabilities | 314 | 581 | 674 | 888 | 1,092 | 1,257 | 1,313 | 1,541 | 1,767 | 1,940 | 2,147 | 2,806 |
| Fixed Assets | 4.99 | 10.97 | 107 | 138 | 152 | 264 | 254 | 262 | 302 | 292 | 310 | 352 |
| CWIP | 3.98 | 0.00 | 0.00 | 0.00 | 5.98 | 10.95 | 14.95 | 17.94 | 16.93 | 10.95 | 33.85 | 0.00 |
| Investments | 0.00 | 0.00 | 10.01 | 59.12 | 41.09 | 25.03 | 70.10 | 53.04 | 194 | 3.01 | 76.06 | 203 |
| Other Assets | 304 | 569 | 557 | 691 | 893 | 957 | 974 | 1,208 | 1,253 | 1,634 | 1,729 | 2,250 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 81.06 | 120 | 173 | 223 | 264 | 296 | 278 | 370 | 380 | 450 | 491 | 545 |
| Cash & equivalents | 115 | 259 | 160 | 142 | 123 | 97.13 | 289 | 293 | 248 | 336 | 179 | 303 |
| Total Assets | 314 | 581 | 674 | 888 | 1,092 | 1,257 | 1,313 | 1,541 | 1,767 | 1,940 | 2,147 | 2,806 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 34.02 | −10.01 | 36.04 | 79.14 | −12.02 | 10.02 | 303 | −6.01 | 126 | 118 | 104 | 302 |
| Cash from investing activity | −24.09 | −119 | −19.06 | −24.10 | 2.01 | −47.19 | −12.05 | −88.34 | −123 | 41.14 | −148 | −176 |
| Cash from financing activity | −0.99 | 157 | −22.98 | −12.99 | −5.99 | 0.00 | −43.97 | −12.98 | −23.99 | −151 | −34.95 | −41.94 |
| Net cash flow | 9.04 | 28.10 | −6.02 | 42.15 | −17.07 | −38.12 | 248 | −108 | −21.06 | 7.02 | −78.31 | 84.32 |
| Capex | 4.01 | 5.01 | 1.99 | 2.01 | 11.01 | 16.01 | 9.99 | 12.98 | 19.98 | 21.01 | 30.97 | 28.98 |
| Free cash flow | 31.03 | −15.02 | 34.05 | 77.11 | −24.02 | −6.01 | 294 | −20.02 | 107 | 97.11 | 74.08 | 272 |
| CFO / OP % | 135.0% | 62.0% | 164.0% | 211.0% | 78.0% | 102.0% | 170.0% | 37.0% | 165.0% | 127.0% | 96.0% | 115.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 15 | 18 | 21 | 23 | 22 | 21 | 21 | 21 | 18 | 18 | 16 | 17 |
| Cash conversion cycle | 16 | 19 | 22 | 24 | 23 | 22 | 22 | 22 | 19 | 19 | 17 | 18 |
| Working capital days | −4 | −4 | −4 | −9 | −6 | −8 | −6 | −4 | −6 | −3 | 2 | 8 |
| ROCE % | 24.0% | 16.0% | 15.0% | 18.0% | 20.0% | 15.0% | 14.0% | 16.0% | 14.0% | 13.0% | 13.0% | 15.0% |
For the Jun 2026 quarter, Teamlease Services reported sales of ₹3,043 Cr, up 5.0% year on year and net profit of ₹33.94 Cr, up 36.0% year on year. The operating margin was 1.0%.
Teamlease Services' sales for the year to Mar 2026 were ₹11,824 Cr; over the last twelve months they were ₹12,008 Cr.
Net profit for the year to Mar 2026 was ₹141 Cr, and ₹150 Cr over the last twelve months. Earnings per share over the same trailing period were ₹88.57.
Teamlease Services reported borrowings of ₹116 Cr at Mar 2026, against cash and equivalents of ₹303 Cr.
Cash from operations was ₹302 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹272 Cr.