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TeamLease Services Limited

TEAMLEASE
Market snapshot · 2026-08-12 05:40 UTC

1,249.00

+₹2.40 (+0.19%)

MARKET CAP

₹2.09K Cr

STOCK P/E

151.0x

52W HIGH

₹1,944.30

52W LOW

₹1,065.20

BOOK VALUE

₹622.04

EPS

₹8.27

ROE

SECTOR

Industrials

DEBT/EQUITY

10.97

VOLUME

5,799

P/B RATIO

2.01x

PEG RATIO

4.83

Sector

Industrials

Themes

Employment Services
E
Earnings
₹1,880.70₹1,683.40₹1,486.10₹1,288.80₹1,091.50VolumeEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 40.5% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.46). Confidence: 70%.

Live forward EPS implies next-12-month EPS of ₹106.42. Applying the stock's normalized valuation corridor produces a fair range of ₹21,608.58 to ₹37,394.92, with base value near ₹26,988.11 (+2060.8% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹106.42

Forward P/E

11.7x

Base Fair Value

₹26,988.11

Fair Range

₹21,608.58 - ₹37,394.92

Upside To Base

+2060.8%

Estimate Source

Live forward EPS

Growth Estimate

+31.3%

P/E
Strongly Undervalued

5Y Average

292.33

Current

151.03

Overvalued

351.39

Undervalued

203.05

P/S
Strongly Undervalued

5Y Average

0.37

Current

0.18

Overvalued

0.42

Undervalued

0.31

EV/EBITDA
Strongly Undervalued

5Y Average

21.52

Current

10.30

Overvalued

26.06

Undervalued

15.47

Peers & Comparison

Sector: Industrials · Theme: Employment Services

Employment Services Peers5 peers
Avg P/E: 19.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
QUESS CORP LIMITED
QUESSEmployment Services
+14.5%1.6%
19.5x
Fair
0% vs avg
+17.6%
PAN HR SOLUTION LTD
PAN HR SOLUTION LTDEmployment Services
SAMTEL INDIA LTD-$
SAMTEL INDIA LTD-$Employment Services
SECUR CREDENTIALS LTD
SECUR CREDENTIALS LTDEmployment Services
SPECTRUM FOODS LTD
SPECTRUM FOODS LTDEmployment Services
WHY THESE PEERS

Comparable-scale peer data is limited — showing nearest stored business/industry peers instead of an empty comparison.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.72K CrDec 2025

Latest net profit

₹33 CrDec 2025

Latest EPS

₹17.78Dec 2025

Net margin

0.4%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%0.1%0.3%0.5%0.6%0.00 Cr700 Cr1.40K Cr2.10K Cr2.80K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr700 Cr1.40K Cr2.10K Cr2.80K Cr₹0₹5₹10₹15₹20
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr700 Cr1.40K Cr2.10K Cr2.80K Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-90 Cr0.00 Cr90 Cr180 Cr270 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales1,7911,9542,0522,2222,2122,3832,5762,6862,5922,6402,7502,720
Expenses1,7691,9352,0332,1992,1892,3622,5542,6612,5702,6172,7282,700
Operating Profit13.611.9111.7914.7614.6411.9112.7415.5411.7814.3612.0710.41
OPM %0.76%0.61%0.57%0.66%0.66%0.5%0.49%0.58%0.45%0.54%0.44%0.38%
Other Income13.4817.7217.1414.2211.1917.113.3413.0513.0612.5211.6224.09
Interest1.551.642.052.482.022.453.612.382.882.312.632.31
Depreciation7.447.427.828.28.438.679.359.399.649.399.8810.05
Profit before tax25.5327.9926.8826.523.8126.5622.4726.2121.9624.5721.0632.19
Tax %4.47%2.07%5.77%3.32%-0.5%-0.45%0.98%-0.08%3.19%-0.98%-0.24%-1.12%
Net Profit24.3927.4125.3325.6223.9326.6822.2526.2321.2624.8121.1132.55
EPS in Rs12.9016.1215.1117.3714.2715.9113.2715.6412.4914.8012.5917.78

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters31.61%31.61%31.11%31.11%31.11%
FII11.01%7.69%6.68%6.35%6.76%
DII47.69%50.25%50.75%49.87%49.63%
Public7.95%8.54%9.45%10.72%10.45%
Others1.74%1.91%2.01%1.95%2.05%
Mar 2026
Promoters
FII
DII
Public
Others