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    Teamlease Services Limited

    India's largest staffing firm — temp workforce, degree apprenticeships, HR-tech, compliance & upskilling.

    Services
    Services
    View TEAMLEASE earnings calls
    ₹1,428.6
    +2.28% from avg

    Overview

    Price

    ₹1,428.6

    Market Cap

    ₹2.2k Cr

    Sector

    Services

    Services

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1717171717171717
    Reserves5556356767917818909431.0k
    Borrowings1242360100105118128116
    Other Liabilities5596367858561.0k1.1k1.2k1.6k
    Total Liabilities1.3k1.3k1.5k1.8k1.9k2.1k2.3k2.8k
    AssetsFixed Assets265255262303293311336353
    CWIP11151817113400
    Investments25705319437688203
    Other Assets9549711.2k1.3k1.6k1.7k1.9k2.2k
    Total Assets1.3k1.3k1.5k1.8k1.9k2.1k2.3k2.8k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-1210303-6126118104302
    Cash from Investing2-47-12-88-12341-147-175
    Cash from Financing-60-44-13-24-151-35-42
    SummaryCapital Expenditure
    Free Cash Flow-24-6294-201079774272
    FCF Margin

    Valuation

    Assumptions

    Current — TEAMLEASE
    Price
    ₹1,429
    EPS (TTM)
    ₹83.31
    PE (TTM)
    17.1
    Profit growth
    8.0%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (38.2×) and current (17.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,429
    vs
    Fair value · 15% return
    ₹887
    38%Overvalued

    At 8% growth and a 17× exit, ₹1429 only delivers your return if you pay ₹887. The price is currently baking in 18% growth.

    EPS grows 8%/yr for 5 years, then fades to 6% over 2, exits at 17×.

    YearGrowthEPS (₹)
    FY278.0%89.97
    FY288.0%97.17
    FY298.0%104.95
    FY308.0%113.34
    FY318.0%122.41
    FY327.0% ·fade130.98
    FY336.0% ·fade138.84

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Teamlease Services Limited

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