TeamLease Services board approved a share buyback of 14.87 lakh shares worth ₹238 crore at ₹1,600 per share via tender offer route. According to The Economic Times, the buyback represents 8.87% of the total paid-up capital as of March 31, 2026, and will be funded from existing free cash balances. The company has constituted a committee for the proposed buyback, with the decision aimed at boosting stock performance amid continued underperformance. The buyback offer represents a premium over the closing prices on the NSE and BSE as of May 8, 2026, subject to shareholder approval.
TeamLease Services reported net profit of ₹147.1 crore for FY26, marking a 33% increase from ₹110.5 crore in the previous year. As reported by The Economic Times, total revenue grew 6% to ₹11,859 crore compared to ₹11,201 crore in FY25. EBITDA rose 14% to ₹158 crore with an EBITDA margin of 1.34%, up from 1.24% in FY25. Profit Before Tax (PBT) grew 36% to ₹155.9 crore, while Earnings Per Share (EPS) increased to ₹83.3 from ₹64.9 in FY25. The company maintained a net free cash balance of ₹600 crore, aided by an income tax refund of ₹143.1 crore.
TeamLease added 109 new enterprise client logos during the quarter while successfully reinforcing employability mandate with 24% of gross associates hired being first-time job seekers. According to The Economic Times, the quarter saw approximately 6,000 net headcount additions broad-based across sectors, bringing the total headcount to 3,40,600 for FY26, representing a 2% decrease from the previous year. The General Staffing segment added 14 new client logos, while the Specialized Staffing segment saw gross revenue grow 13% YoY. The company's EBITDA stood at ₹46 crore, down 4% from ₹48 crore in Q4 FY25 but rising 8% sequentially from ₹43 crore in Q3 FY26.
The company received an income tax refund of ₹143.1 crore, resulting in net free cash of ₹600 crore as of March 31, 2026. According to The Economic Times, the HR Services segment reported an EBITDA margin of 17% for the quarter, driven by EdTech seasonality billing. TeamLease Services has scheduled group meetings with institutional investors and research analysts on May 25, 2026, hosted by Ambit India Access as part of their "Titans of Tomorrow 2026" event. The meetings will be attended by key leadership members including CFO Ramani Dathi and VP Corporate Finance Kunal Tharad.
