TeamLease Services Limited has announced robust financial results for the quarter and year ended March 31, 2026. The company reported a 14% year-on-year growth in full-year EBITDA and a 33% increase in annual profit after tax. Driven by disciplined cost management and strong momentum across its core staffing segments, TeamLease achieved ₹600 crore in net free cash and has officially announced a share buyback program for shareholders.
Financial Highlights
For the fiscal year 2026, TeamLease delivered strong growth across key metrics. The company achieved a total annual revenue of ₹11,859 crore, marking a 6% increase over the previous year. Operating efficiency was a focal point, with EBITDA climbing 14% to ₹158 crore. Profit before tax reached ₹155.9 crore, a significant 36% improvement year-on-year, while profit after tax stood at ₹147.1 crore, reflecting a 33% growth.
Segment Performance
The company’s core HR services portfolio demonstrated scaling potential, with both revenue and EBITDA growing by 23% for the full year. The Specialized Staffing segment also performed well, with a 13% year-on-year increase in gross revenue and a 15% gain in annual EBITDA. The Global Capability Centre (GCC) segment remains a cornerstone of the company’s stability, now serving over 110 clients across diverse industries including Life Sciences, BFSI, and IT.
Strategic Initiatives and Operational Gains
TeamLease expanded its client base significantly, adding 109 new enterprise logos during the final quarter. The company continues to prioritize its employability mandate, with 24% of gross hires being first-time job seekers. Additionally, the company successfully received ₹143.1 crore in income tax refunds, bolstering its financial position. Reflecting confidence in its cash position, the Board has approved a buyback of up to 25% of free reserves, representing 8.87% of equity share capital.
Leadership Perspective
Ms. Suparna Mitra, Managing Director & CEO of TeamLease, noted that the fiscal year was characterized by disciplined execution. Looking forward, leadership aims to accelerate profitable growth, deepen key client relationships, and further institutionalize the company’s workforce platform.
Source: BSE