TeamLease Services Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported a full-year revenue growth of 6% to ₹11,859 crore. Profit before tax for the full year stood at ₹155.9 crore, marking a 36% increase compared to the previous fiscal year. Additionally, the Board has approved a share buyback of up to ₹238 crore.
Financial Highlights of FY26
TeamLease Services delivered a strong performance for the fiscal year ending March 31, 2026. The consolidated revenue for the year grew by 6% year-on-year to ₹11,859 crore. The company saw a significant improvement in profitability, with Profit Before Tax (PBT) rising by 36% to ₹155.9 crore, and Profit After Tax (PAT) climbing 33% to ₹147.1 crore.
Quarterly Performance Overview
For the fourth quarter (Q4FY26), TeamLease reported a total revenue of ₹2,949 crore. EBITDA for the quarter stood at ₹46.0 crore, reflecting an 8% sequential growth. The EBITDA margin improved to 1.5% in Q4, compared to 1.4% in the previous quarter. This growth was driven by disciplined cost management and EdTech seasonality.
Strategic Highlights
The company demonstrated strong momentum in its core businesses. HR Services delivered 23% growth in both revenue and EBITDA for the full year, while Specialized Staffing saw its full-year EBITDA climb by 15%. During the quarter, TeamLease added 109 new enterprise client logos and maintained robust headcount growth across various sectors.
Share Buyback Announcement
The Board of Directors has approved a proposal to buy back equity shares on a proportionate basis via a tender offer. The buyback is priced at ₹1,600 per share, with a total aggregate amount not exceeding ₹238 crore. This initiative represents 8.87% of the total equity shares of the company, reflecting management’s confidence in the firm’s long-term value and cash position.
Cash Position and Future Outlook
TeamLease significantly strengthened its liquidity, with net free cash now standing at ₹600 crore, following the receipt of income tax refunds totaling ₹143.1 crore, which included ₹13 crore in interest. The management remains focused on accelerating profitable growth, deepening client relationships, and continuing the disciplined execution that characterized the fiscal year.
Source: BSE
