TeamLease Services announced a significant ₹238 crore share buyback at a price of ₹1,600 per share through the tender offer route. According to reports from Business Standard, the company will repurchase up to 14.87 lakh fully paid-up equity shares of face value ₹10 each, representing up to 8.87% of its total paid-up equity capital as of March 31, 2026. The buyback will be funded entirely through existing free cash balances and is subject to shareholder approval through a special resolution and other statutory approvals. Promoters and promoter group entities are also eligible to participate in the proposed buyback, with the actual number of shares bought back varying upon completion of the process. As on 15 May 2026, promoters and the promoter group held a 31.11% stake in the company.
The company delivered robust Q4 FY26 results with consolidated net profit climbing 26% to ₹44 crore compared to ₹35 crore in Q4 FY25, with revenue from operations rising 2.34% to ₹2,925 crore from ₹2,858 crore in the year-ago period. As reported by Business Standard, profit before tax stood at ₹51.61 crore, up by 29.54% from ₹39.84 crore in Q4 FY25. However, EBITDA declined 4% to ₹46 crore compared with ₹47.7 crore in Q4 FY25, with EBITDA margin reducing to 1.5% in Q4 FY26 as against 1.7% in Q4 FY25. Suparna Mitra, Managing Director & CEO, commented that FY26 was a year of disciplined execution, with full-year EBITDA growth of 14% and a 10 basis points margin expansion over FY25 reflecting operating leverage across the business.
TeamLease Services added 109 new enterprise client logos during Q4 FY26 while successfully reinforcing the employability mandate with 24% of gross associates hired being first-time job seekers. The quarter saw approximately 6,000 net headcount additions across sectors, with the company's headcount declining 2% YoY to 3,40,600 in Q4 FY26. The company's full-year revenue stood at ₹11,791 crore versus ₹11,156 crore in FY25, with bottom line increasing 28% in the same period. Mitra emphasized that her focus will be on accelerating profitable growth, deepening client relationships, and institutionalizing the platform built by previous leadership.
Shares of TeamLease Services rose 2.83% to close at ₹1,413.20 on the BSE following the announcement. As reported by Business Standard, the company provides HR services including staffing services, temporary recruitment, permanent recruitment, payroll process outsourcing, regulatory compliance services, vocational training/education, and assessments to clients across various sectors. The buyback represents up to 25% of free reserves and comes amid continued underperformance in the stock, with TeamLease shares plunging 26% in the past year and slipping 10% year-to-date. The decision aims to boost stock performance and provide value to existing shareholders through this proportionate buyback via tender offer route.
