ALFA Finder| Management target | EBITDA Margin 20.0% FY27 |
|---|
| Revenue growth | 6% YoY consolidated growth. |
|---|---|
| Margins | Near-term flat; expansion expected in Q3/Q4 through business mix. |
| Order book | Smart meter target is 1/4 installed; execution runs to March 2028. |
| Demand visibility | Visibility remains quarterly; open positions stand at 17,500. |
| Management confidence | Bullish on festive season and structural tailwinds from new labor codes. |
Growth
Revenue rose 6% YoY and 4% sequentially. Business EBITDA grew 18% YoY, though seasonal EdTech dips impacted sequential margins.
Outlook
Targeting 8-9% EBITDA margins in specialized staffing and 10% in EdTech. Guidance for 20% EBITDA growth in FY27.
Risks
Softness in BFSI hiring, weak monsoon, retail inflation at 4.38%, and transition to GST 2.0 impacting client models.
Last quarter's promises, checked
Delivered
- Guided H1FY27 positive headcount → delivered 4% sequential revenue growth (= BEAT)
- Targeted FY27 EBITDA growth >20% → Q1FY27 PBT/PAT surged 38% (= BEAT)
- Guided operating leverage from FY26 → delivered 18% YoY Business EBITDA growth (= BEAT)
Partly delivered
- Guided margin expansion via business mix → delivered YoY growth but sequential EdTech dip (= PARTIAL)
Missed
- Guided 20,000 open positions → delivered 17,500 open positions (= MISS)
Earnings Call Transcript filed with NSE, NSE: TEAMLEASE. Summary written with AI assistance from the document.
TeamLease Services Ltd: key numbers
- Share price
- ₹1,003.80
- Market cap
- ₹1,683 Cr
- Revenue (annual)
- ₹11,791 Cr
- Net profit (annual)
- ₹139.7 Cr
- P/E (TTM)
- 11.7×Sector 46.1×
- Promoter holding
- 33.29%+2.18% QoQ
- FII holding
- 8.30%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from TeamLease Services Ltd
All →TeamLease Services Annual General Meeting
TeamLease's postal ballot on its 2026 ESOP and RSU scheme was not approved by the required majority. Assent was 53.46%, short of the three-times-dissent threshold.
TeamLease Services Legal & Regulatory
TeamLease received a Show Cause Notice from Karnataka GST authorities for FY 2022-23 and obtained an extension to file its reply until November 24, 2026. The matter remains at the notice stage with no monetary demand stated.
TeamLease Services Management Change
TeamLease Services disclosed the resignations of two senior management personnel, its CEO – Degree Apprenticeship and Chief Digital and Information Officer, citing personal reasons. Their relieving dates are December 22, 2026 and November 13, 2026.
TeamLease Services Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs 3,076 Cr (+2.3% YoY), EBITDA Rs 36 Cr (1.2% margin), PAT Rs 26 Cr (-7% YoY). H1 revenue +4.0%, H1 PAT +14%. Management says Q2 was below aspirations.
TeamLease Services Results Update
TeamLease Services reported Q2FY27 results: total revenue ₹3,086 Cr (+2% YoY), H1 PBT up 19%. Crystal HR divestment completed; ₹350 Cr net free cash after buyback.
TeamLease Services Q2 FY27 Results: Net Profit ₹23 Cr, Down 17.3% YoY
TeamLease Services Ltd reported revenue from operations of ₹3,076 Cr (+2.3% YoY) and net profit of ₹23 Cr (-17.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹23 Cr · -17.3% YoY