TeamLease FY26 PAT rises 33%, seeks buyback approval
TeamLease Services reported a 33% rise in FY26 PAT to ₹147.1 crore and revenue of ₹11,859 crore. The board approved a ₹238 crore buyback at ₹1,600 per share and dispatched a Postal Ballot Notice on May 29, 2026, seeking shareholder approval for the buyback and the re-appointment of three Independent Directors.
*this image is generated using AI for illustrative purposes only.
TeamLease Services reported a Profit After Tax (PAT) of ₹147.1 crore for FY26, marking a 33% increase from ₹110.5 crore in the previous year. For the fourth quarter (Q4FY26), PAT stood at ₹46.0 crore. The company achieved a total revenue of ₹11,859 crore for FY26, a 6% year-on-year growth compared to ₹11,201 crore in FY25. EBITDA for the full year rose 14% to ₹158.0 crore, with an EBITDA margin of 1.34%. Profit Before Tax (PBT) grew 36% to ₹155.9 crore.
Financial Performance
The table below summarizes the key financial metrics for the quarter and financial year ended March 31, 2026:
| Particulars | Q4FY26 | Q4FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Total Revenue (₹ Cr) | 2,949 | 2,868 | 11,859 | 11,201 |
| EBITDA (₹ Cr) | 46.0 | 47.7 | 158.0 | 138.3 |
| EBITDA Margin | 1.5% | 1.7% | 1.34% | 1.24% |
| Profit Before Tax (₹ Cr) | 51.6 | 39.8 | 155.9 | 114.5 |
| Profit After Tax (₹ Cr) | 46.0 | 37.9 | 147.1 | 110.5 |
| EPS (₹ per share) | 26.2 | 20.9 | 83.3 | 64.9 |
Operational Highlights
TeamLease reported a headcount of 3,40,600 for FY26, a decrease of 2% from the previous year. The company added 109 new enterprise client logos during Q4FY26. Net free cash stood at ₹600 crore, aided by an income tax refund of ₹143.1 crore. Specialized Staffing delivered strong growth, with gross revenue increasing 13% YoY. EBITDA grew 8% QoQ in Q4FY26, with margins expanding 15 bps over Q3FY26.
Share Buyback and Postal Ballot
The board approved a proposal to buy back up to 14,87,500 fully paid-up equity shares, representing 8.87% of the total paid-up capital. The buyback price is fixed at ₹1,600 per share, aggregating to ₹238 crore. The offer represents a premium of 15.37% and 15.58% over the closing prices on the NSE and BSE as of May 8, 2026. The buyback will be conducted via the tender offer route and is subject to shareholder approval. Nuvama Wealth Management Limited has been appointed as the Manager to the Buyback.
The company has dispatched the Postal Ballot Notice to shareholders on May 29, 2026, seeking approval for the buyback and the re-appointment of three Independent Directors: Mr. Mekin Maheshwari, Ms. Meenakshi Nevatia, and Mr. Subramaniam Somasundaram. The remote e-voting period commences on May 30, 2026, and ends on June 28, 2026. The results of the Postal Ballot will be announced on or before June 30, 2026. KFin Technologies Limited has been engaged to facilitate the e-voting process.
Historical Stock Returns for Teamlease Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.03% | +1.55% | +2.94% | -12.63% | -31.80% | -60.92% |
How will the reduction in headcount impact TeamLease's operational capacity and ability to meet future demand?
What strategies will the company employ to sustain the 13% YoY growth in Specialized Staffing amidst a competitive market?
How does the management plan to utilize the net free cash of ₹600 crore post-buyback to drive long-term shareholder value?
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
