Teamlease Services Limited (TEAMLEASE) Financial Results — Revenue ₹11,859 Cr

Investor Takeaways

Revenue grew 6% YoY to ₹11,859 crores for FY26

Profit after tax increased 33% YoY to ₹147.1 crores

EBITDA rose 14% YoY to ₹158 crores

Net free cash accumulated to ₹600 crores as of March 31, 2026

Board approved buyback of up to 25% of free reserves

Headcount increased by 6,000 during the quarter to 3,40,600

Overall Tone: Positive

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹11,859 Cr	6%
Net Profit	₹147.1 Cr	33%
EBITDA	₹158 Cr	14%
EPS	₹16.95	—
OPM	1.2%	—
Net Free Cash	₹600 Cr	—

What Changed

TeamLease Services Limited reported consolidated revenue of ₹11,859 crores for FY26, reflecting a 6% year-on-year increase. Profit after tax reached ₹147.1 crores, up 33% from the previous year. EBITDA grew 14% YoY to ₹158 crores, indicating improved operational efficiency. Net free cash stood at ₹600 crores as of March 31, 2026, supporting financial flexibility. The company added 6,000 net employees during the quarter, bringing total headcount to 3,40,600. A buyback of up to 25% of free reserves was approved, funded from existing free cash balances. Quarterly performance showed sequential revenue growth across all four quarters of FY25, with profitability improving notably in Q4FY24 and Q3FY25. The company maintains a market capitalization of ₹2,288.28 crores with a P/E ratio of 22.59. Peer comparison indicates moderate valuation relative to Adani Ports and Special Economic Zone Limited (P/E 30.83) and InterGlobe Aviation (P/E 27.38), though GMR Airports reports a negative P/E. The buyback announcement signals confidence in cash generation and shareholder return strategy.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
Teamlease Services Limited	22.59	—	—	2,288.28
Adani Ports and Special Economic Zone Limited	30.83	7.75%	12.49%	4,13,583.7
InterGlobe Aviation Limited	27.38	N/A	N/A	1,66,838.2
GMR AIRPORTS LIMITED	-139.99	N/A	N/A	1,01,989.15