Latest: Team Lease Serv. Q1 FY27 (Apr–Jun 2026) results →This page is Q2 FY26 (Jul–Sep 2025).All Q2 FY26 results →
TL

Team Lease Serv.

Q2 FY26

Team Lease Services Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹1,245
Market cap₹1.9K Cr
P/E12.5
Updated23 Aug 2026
Read4 min read

The short version

Demand is slowly picking up across sectors like banking, FMCG, FMCD, manufacturing, and consumer business, with over 20,000+ open positions currently. EBITDA growth is expected to be around 25% year-on-year by end of FY 2026, barring any policy changes or external shocks.

From Team Lease Serv.'s Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Demand is slowly picking up across sectors like banking, FMCG, FMCD, manufacturing, and consumer business, with over 20,000+ open positions currently.
  • Positive momentum in specialized staffing led by GCCs and Tier 2 IT services companies is expected to continue.
  • New client acquisition is healthy, with 23% of gross hires from fresh clients, and 67% of new sign-ups on variable markup models.
  • Revenue growth driven by expansion in GCC segment (62% of net revenue), global business growth, and new verticals like renewable energy and education-integrated apprenticeships.
  • Technology initiatives and productivity gains aim to manage growth with existing headcount, improving recruiter productivity and operational efficiency.

2 more points from Team Lease Serv.'s call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Team Lease Serv. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Capital investments on the HR Services side are largely done; current focus is on operational investments which are expected to show results in upcoming quarters (Page 15).
  • Ed-tech business within HR Services will continue with sales and marketing investments for another two quarters; CapEx investments already completed (Page 12).

Fundraising & Capital Structure

See what Team Lease Serv. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • TeamLease reported having over 20,000 open positions across sectors as of Q2 FY26.
  • Demand is picking up in sectors like banking, FMCG, manufacturing, and others.
  • Some festival hiring is expected to drop off in coming quarters.
  • Positive momentum continues from new logo sign-ups, with 37 new logos closed in Q2.
  • The company sees a healthy demand pipeline and expects this to support consistent growth going forward.
  • There is growing interest in apprenticeships and work-integrated learning programs across industries, further boosting opportunities.

2 more points from Team Lease Serv.'s call on order book

Create a free account to keep reading this call

Team Lease Serv. — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹2.9K Cr, net profit ₹46 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Commercial Services & Supplies this season

  • Dhruv Consultanc (Q2 FY26)

    Current unexecuted order book is around INR 200 crores, to be executed over 2.5 to 3 years. Key concall takeaways from Dhruv Consultancy Services Ltd's Q2 FY26…

  • One Point One (Q2 FY26)

    Reported Revenue for FY25: ₹270.1 Crores (Total Income), up 54.2% YoY from ₹175.1 Crores in FY24 (Page 13). Key investor presentation takeaways from One Point O

  • NESCO (Q2 FY26)

    Income from Operations for H1 FY 25-26: ₹198 Crs (Page 12). Key investor presentation takeaways from NESCO Ltd's Q2 FY26 investor presentation — and how it rank

  • Anlon Tech (Q2 FY26)

    Order pipeline exceeding INR 70 crores currently under bidding. Key concall takeaways from Anlon Technology Solutions Ltd's Q2 FY26 earnings call — and how it…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Team Lease Serv. and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Team Lease Serv. Q2 FY26 results?

Demand is slowly picking up across sectors like banking, FMCG, FMCD, manufacturing, and consumer business, with over 20,000+ open positions currently. EBITDA growth is expected to be around 25% year-on-year by end of FY 2026, barring any policy changes or external shocks.

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?

Capital investments on the HR Services side are largely done; current focus is on operational investments which are expected to show results in upcoming quarters (Page 15).

Keep Team Lease Serv. on your radar — track it to get its next earnings analysis in your feed.

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.