Arthneeti

Team Lease Services Q1 FY27 Share Price & Earnings Call Analysis

₹1,097.80+1.61% today
Market cap
₹1,678 Cr
P/E
10.96
ROE
14.05%
PEG
1.32
Price to sales
0.14
Debt to equity
0.11
52W high / low
₹1,729 / ₹1,040
Sales growth (5Y)
19.29%
EBITDA margin
1.32%
Net profit margin
1.18%
Promoter holding
33.29%
Sales (last year)
₹11,982 Cr

Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance.

Guidance scorecard · Q1 FY27 call

What Team Lease Serv.'s management guided
and where it ranks in Commercial Services & Supplies

#34of 36 in
Commercial Services & Supplies
Revenue0–10%MarginsUp 0–2%CapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ1 FY27 call

0–10%
  • Growth momentum is expected to be maintained by expanding into sunrise sectors like manufacturing, logistics, quick commerce, and e-commerce.
  • New sales acquisition efforts remain strong, with meaningful contribution from variable markup and outcome-linked pricing contracts, especially in Tier 2 and Tier 3 cities.
  • Specialized staffing, particularly GCC-led, shows strong traction with an expected margin recovery in 4-5 quarters.
  • IT hiring remains steady with focus on AI, cloud, cybersecurity, and domain-led skills, expected to add value despite lower volume than 2-3 years ago.
  • The company is investing in sales and hiring capabilities to accelerate growth and enter higher-margin adjacencies.

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

Create a free account to keep reading this call

Full Q1 FY27 analysis

MarginsQ1 FY27 call

Up 0–2%

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

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • TeamLease is making investments in building new adjacencies with higher margin potential, ensuring calculated risk and capital prudence.
  • Internal investments focus on automation and standardizing processes across payroll and hiring to improve agility and operating leverage amid demand variability.
  • Increased investments planned in sales and hiring engines to accelerate growth and enter higher-margin productized verticals.
  • Recent acquisition of small operations in Singapore and Middle East, with upfront investment made anticipating strong pipeline; margin recovery expected by Q2-Q3.
  • Investments in technology platforms, including a new data lake utilizing AI capabilities, to leverage large data sets effectively.

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

Create a free account to keep reading this call

Full Q1 FY27 analysis

FundraisingQ1 FY27 call

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

Full Q1 FY27 analysis

Order bookQ1 FY27 call

  • The company mentioned a "substantial awarded order book" yet to be executed under the power distribution rollout scheme, which runs till March 2028.
  • Approximately only 25% of the INR25 crores smart meter target is installed so far, indicating pending execution of the majority of this order.
  • The order book relates mainly to power distribution rollouts in certain states, which have currently paused due to local resistance and approval delays, described as timing issues rather than structural changes.
  • The company also noted a healthy pipeline of staffing positions (17,500 open positions) reflecting ongoing demand and potential order flow in staffing services.
Full Q1 FY27 analysis
Full Commercial Services & Supplies ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Commercial Services & Supplies
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Team Lease Serv. rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Commercial Services & Supplies companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,211 Cr145.7
240%+Up 2%+₹39 Cr6.2
340%+Flat₹500 Cr36.0
440%+Flat₹102 Cr10.4
520–40%Up 2%+₹3,079 Cr36.3
620–40%Up 0–2%₹44 Cr3.9

Sign up free to see every company in the sector ranking and track Team Lease Serv..

Pro shows every company guiding 40%+ revenue growth →Full Commercial Services & Supplies ranking

Financials of Team Lease Serv.

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Team Lease Serv.

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +2,0272,1722,2732,4452,4322,5802,7972,9212,8582,8913,0322,9902,925
Expenses +1,9942,1452,2412,4092,3952,5582,7632,8862,8102,8612,9942,9482,879
Operating Profit34263236372233354731384246
OPM %2%1%1%1%2%1%1%1%2%1%1%1%2%
Other Income +81413149141110101391824
Interest2223334344433
Depreciation13121314141314131314141415
Profit before tax26262933302026294026294352
Tax %8%0%6%6%5%4%4%1%5%5%4%2%11%
Net Profit +24262831281925283825284246
EPS in Rs14.0015.7416.2618.4916.3912.4014.6616.9520.8515.8316.4124.8826.19

Financials of Team Lease Serv.

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +2,0072,5053,0413,6244,4485,2014,8816,4807,8709,32211,15611,791
Expenses +1,9832,4793,0043,5564,3545,1084,7846,3377,7489,19111,01811,634
Operating Profit24263769949397142122131138157
OPM %1%1%1%2%2%2%2%2%2%1%1%1%
Other Income +11152216183132-5241504564
Interest0112512746101514
Depreciation33691129344143535456
Profit before tax3338527396838946115118114150
Tax %6%34%-12%-1%-2%58%11%13%3%4%4%6%
Net Profit +3125587398357839112113110141
EPS in Rs60.2314.5133.6742.9757.3420.4645.3322.4865.1266.8864.8683.30
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of Team Lease Serv.

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.511717171717171717171717
Reserves1482943494255225556356767917818901,027
Borrowings +01917111242360100105118116
Other Liabilities +1642483064375405596367858561,0321,1201,641
Total Liabilities3135796738861,0901,2551,3111,5381,7641,9352,1442,800
Fixed Assets +511107138152265255262303293311353
CWIP400061115181711340
Investments00105941257053194376203
Other Assets +3035675566898909549711,2041,2501,6281,7252,244
Total Assets3135796738861,0901,2551,3111,5381,7641,9352,1442,800

Financials of Team Lease Serv.

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +34-103679-1210303-6126118104302
Cash from Investing Activity +-24-119-19-242-47-12-88-12341-147-175
Cash from Financing Activity +-1157-23-13-6-0-44-13-24-151-35-42
Net Cash Flow928-642-17-38247-108-217-7884
Free Cash Flow31-153477-24-6294-201079774272
CFO/OP135%62%164%211%78%102%170%37%165%127%96%115%

Financials of Team Lease Serv.

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days151821232221212118181617
Inventory Days
Days Payable
Cash Conversion Cycle151821232221212118181617
Working Capital Days-3-3-3-8-5-7-5-3-5-239
ROCE %24%16%15%18%20%15%14%16%14%13%13%15%

Guidance history

How Team Lease Serv.'s guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →0–10%Up 0–2%Planned——
Q4 FY26 call →20–40%Flat——Rising
Q3 FY26 call →10–20%FlatPlanned—Rising
Q2 FY26 call →10–20%FlatPlanned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

14out of 100

Momentum score · price trend

14 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−34.6%17%
Last 6 months−13.6%32%
Last 3 months−11.5%40%

The price is 78.1% below its all-time high of ₹5,008.05 (8 Oct 2021). Stocks more than 20% below their peak have their score halved, so 27 became 14.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Team Lease Serv.: 0.4 × 17 + 0.4 × 32 + 0.2 × 40 = 27, halved to 14 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Team Lease Serv.'s management said in earlier quarters

Others in Commercial Services & Supplies this season

  • Goyal Aluminiums (Q2 FY27)

    Capex: INR 97 crore (approximate). Key results statement takeaways from Goyal Aluminiums Ltd's Q2 FY27 results statement — and how it ranks against sector peers

  • Transwind Infra. (Q2 FY27)

    776.92 lakhs (~68.2% growth). Key results statement takeaways from Transwind Infrastructures Ltd's Q2 FY27 results statement — and how it ranks against sector p

  • Sanghvi Movers (Q2 FY27)

    Q2 FY27 Revenue from Operations:** ₹277 Cr, up 32% YoY from ₹210 Cr in Q2 FY26 (Page 41). Key investor presentation takeaways from Sanghvi Movers Ltd's Q2 FY27

  • Tridhya Tech (Q2 FY27)

    Consolidated: ₹1,035.34 lakhs (down from ₹1,418.33 lakhs in Sep 30, 2025), approx. Key results statement takeaways from Tridhya Tech Ltd's Q2 FY27 results state

Compare:vs Redingtonvs Firstsource Solutions Ltdvs International Gemological Institute Limited