TeamLease Services Limited (TEAMLEASE) AI Stock Analysis

1 Followers

TeamLease Services Limited

(NSE:TEAMLEASE)

Select Model

Rating:67Neutral

Price Target:INR 1,089.00▲(8.54% Upside)

Action:downgraded

Date:08/24/26

The overall score reflects a financially sound, growing company with low leverage and improving cash generation as the primary strength, offset by very thin and compressing margins that limit resilience and justify only a moderate valuation premium, while currently weak price action and negative momentum weigh on near-term attractiveness but do not signal severe distress.

Positive Factors

Accelerating Revenue GrowthThe sharp acceleration in revenue indicates stronger business volume and expanding demand for TeamLease’s workforce solutions. If sustained, higher scale can support larger absolute earnings, deepen client relationships, and improve the company’s ability to invest in delivery and compliance capabilities.

Negative Factors

Thin and Compressed MarginsVery low and declining margins leave limited room to absorb wage, compliance, delivery, or pricing pressure. Even strong revenue growth may therefore translate into only modest profit expansion, making sustainable earnings dependent on tight cost control and maintaining adequate service fees.

TeamLease Services Limited (TEAMLEASE) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 16.64B
Dividend Yield: ―
Average Volume (3M): 8,269
Price to Earnings (P/E): 11.6
Beta (1Y): 0.52
Revenue Growth: 2.96%
EPS Growth: 23.42%
Country: India
Employees: 2,209
Sector: General
Sector Strength: 55
Industry: Staffing & Employment Services

TeamLease Services Limited Business Overview & Revenue Model

Company Description

TeamLease Services Limited provides extensive human resources solutions to a broad spectrum of industries across India. Its core services encompass temporary and permanent recruitment, comprehensive payroll process outsourcing, regulatory compliance...

How the Company Makes Money

TeamLease makes money mainly by providing staffing and workforce management services to business clients. A core revenue stream comes from contract staffing: TeamLease recruits and deploys associates (contract workers) at client sites and charges cli...

TeamLease Services Limited Financial Statement Overview

Summary

Strong multi-year revenue growth, low leverage, rising equity and improving cash generation support a solid financial profile, but structurally thin and recently compressed margins and historically volatile cash conversion cap the score in the mid‑70s.

Income Statement

72Positive

Balance Sheet

83Very Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	120.05B	117.91B	111.56B	93.22B	78.70B	64.80B
Gross Profit	2.56B	2.44B	2.77B	3.21B	3.00B	6.78B
EBITDA	1.84B	2.21B	1.38B	1.80B	1.64B	903.17M
Net Income	1.48B	1.40B	1.09B	1.12B	1.11B	384.28M
Balance Sheet
Total Assets	0	28.00B	21.45B	19.37B	17.68B	15.40B
Cash, Cash Equivalents and Short-Term Investments	4.91B	4.91B	2.41B	4.32B	4.39B	3.43B
Total Debt	0	1.16B	1.18B	1.05B	1.00B	598.33M
Total Liabilities	-10.60B	17.41B	12.22B	11.26B	9.47B	8.35B
Stockholders Equity	10.60B	10.43B	9.07B	7.98B	8.08B	6.93B
Cash Flow
Free Cash Flow	239.30M	3.10B	733.90M	973.00M	1.07B	-195.45M
Operating Cash Flow	448.10M	3.39B	1.04B	1.18B	1.26B	-61.48M
Investing Cash Flow	226.00M	-2.27B	-1.48B	407.90M	-1.23B	-885.02M
Financing Cash Flow	-239.00M	-280.40M	-350.30M	-1.51B	-243.59M	-130.74M

TeamLease Services Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price1003.30

Price Trends

50DMA1141.98Negative

100DMA1236.07Negative

200DMA1267.80Negative

Market Momentum

MACD-34.49Positive

RSI34.51Neutral

STOCH9.16Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TEAMLEASE, the sentiment is Negative. The current price of 1003.30 is below the 20-day moving average (MA) of 1066.53, below the 50-day MA of 1141.98, and below the 200-day MA of 1267.80, indicating a bearish trend. The MACD of -34.49 indicates Positive momentum. The RSI at 34.51 is Neutral, neither overbought nor oversold. The STOCH value of 9.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TEAMLEASE.

TeamLease Services Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:TEAMLEASE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:AWFIS	73Outperform	INR 20.51B	20.83	―	―	21.83%	88.95%
IN:KRYSTAL	68Neutral	INR 8.56B	12.15	―	0.24%	11.58%	64.23%
IN:TEAMLEASE	67Neutral	INR 15.20B	11.63	―	―	2.96%	23.42%
IN:QUESS	64Neutral	INR 52.67B	18.49	―	4.68%	-12.06%	96.12%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:RADIANTCMS	55Neutral	INR 3.75B	11.95	―	7.06%	1.83%	-27.17%
IN:HGS	50Neutral	INR 16.23B	-37.46	―	1.43%	-1.53%	-62.66%

* General Sector Average

Performance Comparison

IN:TEAMLEASE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:TEAMLEASE	TeamLease Services Limited	1003.30	-708.85	-41.40%
IN:AWFIS	Awfis Space Solutions Limited	289.95	-279.15	-49.05%
IN:HGS	Hinduja Global Solutions Limited	350.75	-145.10	-29.26%
IN:KRYSTAL	Krystal Integrated Services Ltd.	614.70	80.79	15.13%
IN:QUESS	Quess Corp. Ltd.	342.00	142.46	71.40%
IN:RADIANTCMS	Radiant Cash Management Services Limited	35.39	-14.08	-28.46%

TeamLease Services Limited Corporate Events

TeamLease Publishes Q2 FY27 Earnings Call Recording

Nov 5, 2026

TeamLease Services Limited has announced the availability of the audio recording of its Q2 FY27 earnings call, held on November 5, 2026. The disclosure supports regulatory compliance and gives investors and other stakeholders access to management’s d...

TeamLease Closes Trading Window Ahead of September Quarter Results

Sep 25, 2026

TeamLease Services Limited has announced the closure of its trading window for company securities for designated persons and their immediate relatives, in line with SEBI’s Prohibition of Insider Trading Regulations and its internal code of conduct. T...

TeamLease Board Clears New ESOS 2026 Equity Incentive Plan

Aug 25, 2026

TeamLease Services Limited’s board has approved the formulation and implementation of a new employee stock option and restricted stock unit scheme, ESOS 2026, in line with SEBI’s regulations on share-based employee benefits and sweat equity. The plan...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 24, 2026

TeamLease Services Limited AI Stock Analysis