Team Lease Serv.
Team Lease Serv. Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Q1 FY '26 saw a group-wide addition of 5,000 billable headcounts and 110 net additions in specialized staffing, with overall revenue growth of 12% YoY and EBITDA growth of 39% YoY (34% excluding inorganics). TeamLease expects steady profit expansion for the remainder of FY '26, maintaining at least 30% EBITDA growth year-on-year excluding inorganic contributions.
From Team Lease Serv.'s Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Q1 FY '26 saw a group-wide addition of 5,000 billable headcounts and 110 net additions in specialized staffing, with overall revenue growth of 12% YoY and EBITDA growth of 39% YoY (34% excluding inorganics).
- General staffing volumes are expected to recover strongly in Q2 and beyond, supported by green shoots in BFSI (especially NBFCs), consumer durables, FMCG, and formalization trends.
- Approximately 20,000 open positions currently, although lower than last year's ~30,000 at the same time, with continued wallet share gains in existing clients.
- Degree Apprenticeship business shows momentum with 1,700 apprenticeships added in Q1 and growing industry adoption.
- Specialized staffing expects gradual margin recovery driven by higher-value mandates, product mix changes, and increasing global traction.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Team Lease Serv. said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The transcript does not explicitly mention any specific current or future capital expenditure (capex) or strategic investments planned.
- Focus appears to be on operational efficiency, technology initiatives for hiring and operations, and expanding delivery capabilities.
- The company highlights integration of acquisitions contributing 4% EBITDA without detailing capex.
- Growth and margin improvements are expected from scaling existing businesses, increasing wallet share, and product mix enhancements such as build-operate-transfer (BOT) models.
2 more points management made on capital expenditure plans
Fundraising & Capital Structure
See what Team Lease Serv. said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- TeamLease reported a robust and strong client pipeline, especially in the Specialized Staffing segment, with high-quality deals in advanced stages of closure, providing good visibility for H2 and FY '26.
- The GCC segment remains a cornerstone, contributing 46% of headcount and 64% of net revenue, with steady hiring and expanding delivery hubs.
- Degree Apprenticeship and general staffing businesses have shown net growth in headcount, reflecting healthy execution and demand.
- Open positions in general staffing are approximately 20,000+, lower than last year's 30,000+ but supported by increased wallet share among existing clients.
2 more points management made on order book & pipeline
Team Lease Serv. — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹2.9K Cr, net profit ₹46 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Team Lease Serv.'s management said in earlier quarters
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Frequently Asked Questions
What were Team Lease Serv. Q1 FY26 results?
Q1 FY '26 saw a group-wide addition of 5,000 billable headcounts and 110 net additions in specialized staffing, with overall revenue growth of 12% YoY and EBITDA growth of 39% YoY (34% excluding inorganics). TeamLease expects steady profit expansion for the remainder of FY '26, maintaining at least 30% EBITDA growth year-on-year excluding inorganic contributions.
What is Team Lease Serv. share price analysis?
Team Lease Serv. currently shows a neutral. The stock trades at a P/E of 12.5 with a market cap of ₹1,918 Cr. Investors should review the full earnings analysis for detailed insights.
Is Team Lease Serv. planning capital expenditure?
The transcript does not explicitly mention any specific current or future capital expenditure (capex) or strategic investments planned.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.