TeamLease Services Limited (TEAMLEASE) AI Stock Analysis

TeamLease Services Limited

(NSE:TEAMLEASE)

Select Model

Rating:66Neutral

Price Target:INR 1,165.00▲(7.99% Upside)

Action:downgraded

Date:08/24/26

Financial performance is the most significant positive driver with strong growth and balance sheet strength. Bearish technical momentum is the primary detractor, while reasonable valuation offers moderate support.

Positive Factors

Accelerating revenue growthThe sharp acceleration in revenue indicates expanding business activity and stronger client or workforce volumes. If sustained, this growth can improve operating scale, support higher absolute earnings, and strengthen TeamLease’s position across staffing and employability services over the coming quarters.

Negative Factors

Compressed profitabilityVery thin and declining operating margins leave limited room to absorb wage, compliance, or service-delivery cost pressure. Even with strong revenue growth, small changes in pricing or expenses could materially affect earnings, making durable profit expansion more difficult.

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

Market Cap: INR 16.64B
Dividend Yield: ―
Average Volume (3M): 7,363
Price to Earnings (P/E): 12.3
Beta (1Y): 0.78
Revenue Growth: 4.68%
EPS Growth: 29.26%
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 primarily by providing workforce and HR-related services to client companies and charging fees tied to the number of people deployed, the services delivered, and/or the value of wages processed. 1) General staffing (core revenue...

TeamLease Services Limited Financial Statement Overview

Summary

Robust revenue growth and solid balance sheet with low leverage support financial stability, offset by declining gross margins and some cash flow volatility.

Income Statement

78Positive

Balance Sheet

88Very Positive

Cash Flow

72Positive

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 Price1078.85

Price Trends

50DMA1174.46Negative

100DMA1265.52Negative

200DMA1286.97Negative

Market Momentum

MACD-33.60Negative

RSI42.44Neutral

STOCH18.16Positive

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 1078.85 is below the 20-day moving average (MA) of 1091.02, below the 50-day MA of 1174.46, and below the 200-day MA of 1286.97, indicating a bearish trend. The MACD of -33.60 indicates Negative momentum. The RSI at 42.44 is Neutral, neither overbought nor oversold. The STOCH value of 18.16 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:QUESS	71Outperform	INR 45.72B	18.07	―	1.95%	-12.06%	96.12%
IN:KRYSTAL	68Neutral	INR 7.82B	12.88	―	0.27%	2.83%	37.81%
IN:TEAMLEASE	66Neutral	INR 16.49B	12.33	―	―	4.68%	29.26%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:RADIANTCMS	55Neutral	INR 3.37B	10.63	―	7.91%	1.83%	-27.17%
IN:HGS	50Neutral	INR 15.57B	-35.73	―	1.49%	-1.53%	-62.66%
IN:AWFIS	47Neutral	INR 16.74B	19.70	―	―	23.29%	11.08%

* 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	1078.85	-623.45	-36.62%
IN:AWFIS	Awfis Space Solutions Limited	233.85	-367.50	-61.11%
IN:HGS	Hinduja Global Solutions Limited	334.80	-172.45	-34.00%
IN:KRYSTAL	Krystal Integrated Services Ltd.	559.40	-38.16	-6.39%
IN:QUESS	Quess Corp. Ltd.	306.05	81.51	36.30%
IN:RADIANTCMS	Radiant Cash Management Services Limited	31.56	-18.48	-36.93%

TeamLease Services Limited Corporate Events

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 cond...

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 equi...

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