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Team Lease Services provides employment related services. It provides solutions for staffing, recruitment, training, payroll processing and regulatory compliance.Its major business segments are:- General staffing- Specialized staffing- HR Services
Business SegmentsThe company is aleading player in the recruitment industry, offering a range of solutions:[1]1) General Staffing & Allied Services (93% in 9M FY25 vs 90% in FY22):[2][3]The company offers staffing solutions, temporary recruitment and payroll & NETAP. The segment revenue grew by 22% YoY in 9M FY25, driven by a 16% rise in headcount.[4][5]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | International Ge | 324.65 | 27.47 | 14030.06 | 0.77 | 129.79 | 18.42 | 303.74 | 21.43 | 68.01 | 1174.43 | 59.40 | 510.83 | 129.79 | 11.34 | 40.56 | 0.11 |
| 2. | NESCO | 1241.20 | 21.14 | 8745.49 | 0.52 | 118.91 | 11.26 | 239.18 | 24.51 | 21.12 | 831.07 | 57.58 | 413.61 | 118.91 | 3.12 | 13.76 | 0.04 |
| 3. | Wework India | 596.95 | 45.35 | 8000.52 | 0.00 | 7.39 | -96.38 | 573.03 | 22.26 | 137.07 | 1941.81 | 63.70 | 176.41 | 7.39 | – | 3.57 | 22.73 |
| 4. | CMS Info Systems | 355.20 | 16.33 | 5842.06 | 1.83 | 73.35 | -19.32 | 608.62 | -2.55 | 23.67 | 2436.59 | 25.32 | 357.68 | 73.35 | 2.50 | 12.44 | 0.10 |
| 5. | Smartworks Cowor | 452.55 | – | 5170.58 | 0.00 | -3.14 | 80.16 | 424.78 | 21.24 | 6.97 | 1374.06 | 62.39 | -64.72 | -3.14 | 10.15 | -1.47 | 8.60 |
| 6. | NDR INVIT Trust | 124.00 | 33.91 | 4910.55 | 1.48 | 36.60 | 39.07 | 103.61 | 38.00 | 4.74 | 379.03 | 87.31 | 144.82 | 37.05 | 1.29 | 2.65 | 0.38 |
| 7. | Nirlon | 494.40 | 14.02 | 4455.53 | 5.26 | 147.66 | 161.39 | 165.31 | 3.18 | 30.18 | 647.67 | 78.91 | 317.91 | 147.66 | 9.60 | 10.00 | 2.47 |
| 8. | Team Lease Serv. | 1611.80 | 29.03 | 2702.81 | 0.00 | 21.11 | -5.12 | 2750.34 | 6.77 | 11.63 | 10668.07 | 0.86 | 93.09 | 21.11 | 2.98 | 5.02 | 0.08 |
| – | Median: 59 Co. | 153.0 | 22.52 | 448.42 | 0.0 | 5.42 | 33.48 | 62.42 | 25.47 | 12.37 | 248.49 | 15.58 | 13.55 | 5.42 | 2.74 | 5.2 | 0.24 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 1,761 | 2,222 | 2,686 | 1,954 | 2,383 | 2,640 | 1,791 | 2,212 | 2,592 | 1,708 | 2,052 | 2,576 | 2,750 |
Expenses | 1,740 | 2,199 | 2,661 | 1,935 | 2,362 | 2,617 | 1,770 | 2,189 | 2,570 | 1,688 | 2,033 | 2,554 | 2,728 |
Operating Profit | 22 | 23 | 25 | 19 | 21 | 24 | 21 | 23 | 21 | 20 | 20 | 22 | 22 |
Other Income | 12 | 18 | 13 | 18 | 17 | 13 | 11 | 11 | 13 | 13 | 17 | 13 | 12 |
Profit before tax | 26 | 30 | 26 | 28 | 27 | 25 | 23 | 24 | 22 | 27 | 27 | 22 | 21 |
Tax % | -1% | 3% | -0% | 2% | -0% | -1% | 5% | -0% | 5% | 4% | 6% | 1% | -0% |
Net Profit | 26 | 29 | 26 | 27 | 27 | 25 | 22 | 24 | 21 | 26 | 25 | 22 | 21 |
EPS in Rs | 15.18 | 17.37 | 15.64 | 16.35 | 15.91 | 14.80 | 12.90 | 14.27 | 12.49 | 15.14 | 15.11 | 13.27 | 12.59 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 1,529 | 2,007 | 2,505 | 2,990 | 3,441 | 4,132 | 4,783 | 4,466 | 5,640 | 6,876 | 8,441 | 10,236 | 10,668 |
Expenses | 1,519 | 1,985 | 2,479 | 2,960 | 3,390 | 4,059 | 4,709 | 4,402 | 5,555 | 6,799 | 8,356 | 10,147 | 10,576 |
Operating Profit | 11 | 22 | 26 | 30 | 51 | 73 | 75 | 64 | 86 | 77 | 85 | 89 | 92 |
Other Income | 9 | 15 | 15 | 23 | 24 | 29 | 44 | 48 | -39 | 50 | 64 | 57 | 50 |
Interest | 0 | 0 | 1 | 1 | 1 | 2 | 9 | 6 | 4 | 5 | 8 | 11 | 10 |
Depreciation | 2 | 3 | 3 | 4 | 4 | 3 | 15 | 15 | 18 | 23 | 32 | 37 | 38 |
Profit before tax | 18 | 34 | 37 | 49 | 71 | 97 | 95 | 91 | 24 | 99 | 109 | 97 | 94 |
Net Profit | 18 | 32 | 24 | 50 | 73 | 97 | 42 | 84 | 22 | 97 | 106 | 96 | 93 |
EPS in Rs | 35.08 | 63.10 | 14.21 | 28.98 | 42.44 | 56.75 | 24.32 | 49.17 | 13.16 | 56.85 | 63.09 | 57.31 | 55.52 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.51 | 0.51 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 117 | 147 | 293 | 341 | 416 | 512 | 552 | 637 | 661 | 760 | 746 | 844 | 889 |
Borrowings | 1 | 0 | 19 | 0 | 0 | 0 | 109 | 21 | 53 | 86 | 82 | 73 | 76 |
Other Liabilities | 123 | 164 | 247 | 296 | 395 | 501 | 503 | 584 | 644 | 730 | 885 | 966 | 1,043 |
Total Liabilities | 242 | 311 | 577 | 655 | 828 | 1,029 | 1,181 | 1,259 | 1,376 | 1,593 | 1,730 | 1,900 | 2,024 |
Fixed Assets | 6 | 3 | 9 | 6 | 4 | 7 | 47 | 28 | 38 | 89 | 95 | 90 | 115 |
Gross Block | 23 | 22 | 31 | 10 | 12 | 18 | 99 | 81 | 100 | 172 | 194 | 185 | – |
Accumulated Depreciation | 17 | 20 | 23 | 4 | 8 | 11 | 52 | 53 | 62 | 84 | 99 | 96 | – |
CWIP | 0 | 4 | 0 | 0 | 0 | 3 | 11 | 14 | 16 | 15 | 7 | 29 | 0 |
Investments | 2 | 2 | 2 | 109 | 202 | 210 | 287 | 374 | 374 | 528 | 337 | 365 | 375 |
Other Assets | 233 | 302 | 566 | 539 | 622 | 809 | 835 | 843 | 948 | 961 | 1,291 | 1,415 | 1,534 |
Total Assets | 242 | 311 | 577 | 655 | 828 | 1,029 | 1,181 | 1,259 | 1,376 | 1,593 | 1,730 | 1,900 | 2,024 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 16 | 34 | -11 | 30 | 72 | -15 | 9 | 258 | -37 | 83 | 82 | 96 |
Cash from Investing Activity | -35 | -24 | -118 | -37 | -22 | 5 | -53 | 3 | -59 | -80 | 37 | -64 |
Cash from Financing Activity | -11 | -1 | 157 | -1 | -1 | -2 | 0 | -38 | -14 | -19 | -147 | -34 |
Net Cash Flow | -30 | 9 | 28 | -7 | 48 | -12 | -44 | 223 | -110 | -17 | -28 | -1 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 14 | 15 | 18 | 20 | 21 | 21 | 18 | 18 | 16 | 13 | 13 | 12 |
Inventory Days | – | – | – | – | – | – | – | – | – | – | – | – |
Days Payable | – | – | – | – | – | – | – | – | – | – | – | – |
Cash Conversion Cycle | 14 | 15 | 18 | 20 | 21 | 21 | 18 | 18 | 16 | 13 | 13 | 12 |
Working Capital Days | 1 | -3 | -3 | -3 | -9 | -7 | -10 | -10 | -8 | -10 | -6 | -0 |
ROCE % | 16% | 26% | 16% | 14% | 18% | 21% | 17% | 14% | 14% | 13% | 13% | 12% |
Direct from BSE filings, auto-summarised
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