TeamLease Services Limited has announced its financial results for the quarter ending March 31, 2026. The company reported a 8% QoQ increase in EBITDA and a 14% full-year growth. Key highlights include strong momentum in Degree Apprenticeship, robust scaling of HR services, and net headcount additions of 335 in the Specialized Staffing segment. The company maintains a healthy free cash balance of ₹600 crore, reflecting solid operational leverage and business growth.
Key Performance Highlights
During Q4 FY26, TeamLease demonstrated strong operating leverage across its diverse business segments. The company reported an 8% growth in EBITDA quarter-on-quarter and a 14% growth for the full fiscal year. Margin expansion was a notable highlight, with a 15 bps increase over Q3 FY26 and a 10 bps improvement over the previous fiscal year. Additionally, the company added 109 new logos during the quarter and is maintaining a robust free cash balance of ₹600 crore.
Segment-Wise Performance
The company’s core service offerings showed distinct growth patterns:
- General Staffing: Achieved broad-based headcount growth across multiple sectors.
- Specialized Staffing: Added 335 net headcount, including growth in the TLD Global unit.
- Degree Apprenticeship (DA): Capitalized on strong demand for Apprentices Act compliance within the Global Capability Centre (GCC) segment.
- HR Services: Reported stellar performance with full-year revenue and EBITDA growing by 23% and 22% respectively, while managing over 3.5 lakh monthly records in its HCM business.
Financial Overview
On a consolidated basis, the company reported a total revenue of ₹2,949 crore for Q4 FY26. The Profit After Tax (PAT) stood at ₹46 crore for the quarter. The company remains committed to its core pillars of Employment (covering approximately 3.4 lakh associates), Employability (supporting 7 lakh+ students), and E-Workforce (serving over 1,000 employer clients), as it continues its trajectory toward becoming a leader in the human capital management industry.
Source: BSE
