Teamlease Services Limited has informed the Exchange about Investor Presentation
November 05, 2025
To Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001
To Listing Department National Stock Exchange of India Limited, Exchange Plaza, 5th Floor, Plot no. C/1, G Block, Bandra Kurla Complex, Bandra(E), Mumbai - 400 051
Scrip Code: 539658
Scrip Code: TEAMLEASE
Dear Sir/Ma’am,
Sub: TeamLease Services Limited (TeamLease/the Company) - Investor Presentation on Financial
Results for Q2’FY26
Ref: Regulation 30 and Regulation 46 of the Securities and Exchange Board of India (SEBI) Listing
Obligations and Disclosure Requirements) (LODR) Regulations, 2015
In compliance with the provisions of Regulation 30 of the SEBI LODR Regulations, 2015, please find enclosed ‘Investor Presentation’ of the Company, towards Financial Results for Q2’FY26.
Further, in compliance with the provisions of Regulation 46 of the SEBI LODR Regulations, 2015, we shall upload the above on our Company’s website https://group.teamlease.com/investor/investor- presentation/ for information of our Shareholders/Public.
This is in furtherance of our intimation dated October 16, 2025, pertaining to Conference Call with Investors on Q2’FY26 Results.
Kindly take the above said information on record as per the requirement of SEBI LODR Regulations, 2015.
Thanking You. Yours faithfully, For TeamLease Services Limited
Alaka Chanda Company Secretary and Compliance Officer Encl: As above
TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: 315 Work Avenue Campus, Ascent Bldg., Koramangala Ind. Layout, Jyoti Nivas College Road, Koramangala, Bangalore-560095 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com
1
https://group.teamlease.com
https://group.teamlease.com
BSE: 539658 | NSE: TEAMLEASE | ISIN: INE985S01024
https://group.teamlease.com | Wednesday, November 05, 2025
2
https://group.teamlease.com
https://group.teamlease.com
Investor Update Q2 2025-26
© T e a m L e a s e
S e r v i c e s
L i m
i t e d
|
C o m p a n y
P r i v a t e & C o n f i
d e n t i
a
l
3
Key Performance Highlights
Q2FY26
01
02
At the group level, we have added ~11k headcount including 320 net adds in specialized staffing business.
General Staffing: Added net ~8k headcount the total billable headcount to ~3 lakhs+.
taking
03
04
Degree Apprenticeship (DA):Added ~3k in Trainee for the current quarter (National driven Apprenticeship Promotion Scheme) and WILP (Work Integrated Learning Program).
NAPS
by
HR Services:
05
• Breakeven EBITDA for the quarter on
account of EdTech billing pickup.
• Managing over 3.5 lakhs monthly records
in our HCM business
Specialized Staffing: Net add stood at 320 mostly contributed by GCCs. We partner with 90+ GCC clients as of date.
06
• 140 new logos were added during the
quarter.
• Maintaining free cash balance of Rs.
320cr as of date.
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
4
Financial Performance
*All Numbers are in ₹ Crores except for margins
Consolidated Performance
Q2FY26
Q1FY26
QoQ
Q2FY25
YoY
H1FY26
H1FY25
YoY
Headcount
362,000
351,000
3%
350,240
Total Revenue Operating Revenue EBITDA EBITDA margin PBT PBT margin Profit after Tax PAT margin EPS (Basic and Diluted) - Rs.
3,041 3,032 38 1.3% 29 1.0% 28 0.9% 16
2,904 2,891 31 1.1% 26 0.9% 25 0.9% 16
5% 5% 24%
10%
11%
2,808 2,797 33 1.2% 26 0.9% 25 0.9% 15
3%
8% 8% 15%
12%
12%
362,000
350,240
5,945 5,923 69 1.2% 55 0.9% 53 0.9% 32
5,401 5,377 56 1.0% 46 0.9% 44 0.8% 27
Standalone Performance
Q2FY26
Q1FY26
QoQ
Q2FY25
YoY
H1FY26
H1FY25
YoY
Total Revenue Operating Revenue EBITDA EBITDA margin PBT PBT margin Profit after Tax PAT margin EPS (Basic and Diluted) - Rs.
2,762 2,750 22 0.8% 21 0.8% 21 0.8% 13
4% 4% -8%
-14%
-15%
2,653 2,640 24 0.9% 25 0.9% 25 0.9% 15
2,589 2,576 22 0.9% 22 0.9% 22 0.9% 13
7% 7% -1%
-6%
-5%
5,415 5,391 46 0.8% 46 0.8% 46 0.8% 27
4,989 4,959 43 0.9% 49 1.0% 49 1.0% 29
3%
10% 10% 25%
20%
19%
9% 9% 7%
-7%
-6%
-6%
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
Consolidated Segment Results
5
Particulars
Revenue:
Q2FY26
Q1FY26
QoQ
Q2FY25
YoY
H1FY26
H1FY25
YoY
General Staffing and Allied Services
2,783
2,669
Specialised Staffing Services
Other HR Services
191
57
177
45
Total Income from Operations
3,032
2,891
EBITDA:
General Staffing and Allied Services
Specialised Staffing Services
Other HR Services
Total EBITDA (including unallocated)
EBITDA Margin
General Staffing and Allied Services
Specialised Staffing Services
Other HR Services
29.0
13.1
0.2
(3.9)
38.4
1.0%
6.8%
0.4%
28.0
11.1
(6.9)
(1.3)
30.9
1.0%
6.3%
-15.3%
4%
8%
27%
5%
3%
18%
24%
2,609
142
45
2,797
27.6
11.2
0.8
(6.2)
33.5
1.1%
7.9%
1.8%
7%
34%
28%
8%
5%
17%
15%
5,453
5,023
368
102
287
66
5,923
5,377
57.0
24.2
(6.7)
(5.2)
69.4
1.0%
6.6%
-6.5%
52.9
20.5
(7.3)
(10.3)
55.7
1.1%
7.2%
-11.1%
9%
28%
54%
10%
8%
18%
-9%
-50%
25%
https://group.teamlease.com
https://group.teamlease.com
*All Numbers are in ₹ Crores except for margins
© TeamLease Services Limited | Company Private & Confidential
*All Numbers are in ₹ Crores except for margins
6
Headcount & Productivity
Quarter
FY-24 Q3 FY-24 Q4 FY-25 Q1 FY-25 Q2 FY-25 Q3 FY-25 Q4 FY-26 Q1 FY-26 Q2
General Staffing
2,58,500 2,67,000 2,82,450 2,98,300
2,99,600 2,92,150
2,95,270 3,03,350
DA
43,150 44,800 42,350 45,270
47,200 47,300
49,000 51,600
Specialized Staffing
Total Headcount
7,600 7,230 6,900 6,670
6,700 6,620
6,730 7,050
3,09,250 3,19,030 3,31,700 3,50,240
3,53,500 3,46,070
3,51,000 3,62,000
FTE Productivity – Staffing and DA
Quarter
Headcount
Core Employees
Productivity
Productivity
FY-25 Q1
FY-25 Q2
FY-25 Q3
FY-25 Q4
FY-26 Q1
FY-26 Q2
324800
343400
346776
339450
344260
354950
855
896
895
898
913
929
379
382
386 378
377
382
382
386
378
377
382
FY-25 Q2
FY-25 Q3
FY-25 Q4
FY-26 Q1
FY-26 Q2
Productivity
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
7
Break-up of core headcount
Core headcount
2,500
2,200
1,900
1,600
1,300
1,000
700
400
100
Staffing and DA
Specialised Staffing
ED TECH
HCM
Regtech
Q1FY26
Q2FY26
913
929
271
272
416
433
304
304
437
438
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
Support functions
Total core count
124
118
2,465
2,494
8
Other HR
OTHER HR REVENUE BREAKUP
OTHER HR EBITDA BREAKUP
R C N
I
90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
-
ED TECH
HR TECh
REG TECH
Q2FY26
Q1FY26
Q4FY25
Q3FY25
39.9
29.8
62.2
40.3
3.5
3.6
2.9
0.5
13.9
11.7
11.9
12.5
20.0
15.0
10.0
R C N
I
5.0
-
(5.0)
(10.0)
Q2FY26
Q1FY26
Q4FY25
Q3FY25
Total
57.4
45.1
77.0
53.3
ED TECH
HR TECh
REG TECH
0.5
(5.3)
17.0
0.0
(1.7)
(1.4)
(1.6)
(1.8)
1.4
(0.2)
0.3
2.0
Total
0.2
(6.9)
15.8
0.2
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
9
Company Profile
• TeamLease Services is one of India’s leading people supply chain companies offering a range of solutions to 4000+ employers for their hiring, productivity, and scale challenges. Listed on the NSE & BSE, TeamLease has hired 24 lakh+ people over the last 25 years. One of India’s fastest-growing employers, TeamLease also operates India’s Skill University and India’s fastest- growing PPP Apprenticeship Program, which offers The employment-oriented multi-level programs. Company offers solutions to large, medium, and small clients across the 3Es of Employment (around 3.5 lakh lakh associates/trainees), Employability students), and E-workforce (over 1000 employers). In FY2015, (Degree rolled Apprenticeship) to provide on-the-job training to apprentices.
TeamLease
out DA
(over 7
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
10
Our Services
General Staffing
Specialized Staffing
Degree Apprenticeship
Hiring
Regulatory Compliances
HRTECH Services
Learning Services
Skill University
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
11
TeamLease Overview
India’s Leading Human Capital Management company
4,000+ Clients across the spectrum of business with 1000+ digital engagements
~3.5 Lakhs + Associates/ trainees, making us one of the largest private sector employer
7,500+ Locations across 28 states
7.5 Lakhs+ Students across TL Skill University & TL EdTech
25%
EBITDA growth YoY basis
24 Lakhs + People hired till date
382 FTE productivity
25 years Founded in 2000 IPO 2016
~11k net addition
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
Our Journey
12
The Company Started operations from four offices, with 20 clients and 40 employees
• 1st Round of PE Investment by Gaja Capital.
• Initiated discussions for revamping apprenticeship. Compliance became a separate business unit.
• Listed on BSE and NSE
• Acquired ASAP Info Systems & Nichepro Technologies to offer IT staffing service
• Acquired 33.33% stake in Avantis - RegTech
• Acquired IT Staffing vertical of Ecentric in April 2019 and IMSI (IT Infra) in Nov.2019
• Appointed Narayan as Independent chairman
• 3 New independent directors come on board
• Raised stake in Avantis to 60%
• Acquired 90% Stake in TSR
Darashaw and 30% of Crystal HR which helps us to enter the HRTECH space. Entry into the Singapore and UAE markets in 2025
•
2002
2008/09
2015-16
2018/19
2021
2024/25
2005-07
Strengthened the technology infrastructure Published first labour report and started new service offerings
2011 • Signed a MoU for setting up the country’s first Skills University in association with the government of Gujarat.
• Became founding members of Indian Staffing Federation
2017 • Acquired Keystone business Solutions to strengthen IT Staffing
• Acquired 30% stake in FW.com
• Acquired Evolve Tech. to enter Telecom Staffing Business
• Acquired 40% Stake in Online Education Co. Schoolguru
2020 • Raised stake to 100% in FW.com
• Acquired further 36.17% stake in Edtech in Sep-20.
• Acquired 4.89% equity stake in Avantis in Oct-20.
2021
• Surrendered PF Trust and migrated to EPFO
• Became India’s largest IT Staffing Company in terms of headcount
Change of Names: Schoolguru » TL EdTech / Avantis » TL RegTech / E-hire » TL HrTech
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
13
Our Board of Directors
Narayan Ramachandran Chairman & Non-Executive Non-Independent Director
Manish Sabharwal Executive Vice-Chairman
Ashok Reddy Managing Director & CEO
Subramaniam Somasundaram Independent Director & AC Chairman
Mekin Maheshwari Independent Director
Meenakshi Nevatia Independent Director
Rajnarayan Ramakrishnan Independent Director
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
14
Our Vision
Vision Our Long-term philosophy and goals are best reflected by our purpose of “Putting India to Work”
Our contribution Our vision has been at the forefront of our existence, helping us employ, “One Indian” every 5 minutes over the past many years.
The Future that we see Our goal is to become the largest Private sector employer of India, largest staffing company in the world by headcount.
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
15
Key Value Drivers
Productivity
Technology The right know-how and data insights to help enhance operational efficiencies
Scale
We are one of India’s largest staffing companies, with a 6% market share.
Reach
Presence Pan India presence to scale our business with increasing trust and reliability
Compliance
Governance Strict adherence to labour and corporate laws, backed by strong internal compliance
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
16 Our Business Focus Areas
General Staffing Specialised Staffing Temp Hiring
Focus Areas
1
3
2
On the job – DA Online – TL Edtech Onsite – Enterprise Learning On Campus – TL Skills University
Dubai
Singapore
Compliance SaaS and Services Payroll Outsourcing Digital Workforce Solutions
Our Offices
Ahmedabad Bangalore Bhubaneswar
Chennai Dehradun Delhi
Gurugram Hyderabad Kolkata
Dubai Singapore
Lucknow Mumbai Pune Noida
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
17
Our Strategy
Growth
Absolute profit expansion
Capital Frugality
Governance
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
Teamlease Companies
18
TeamLease Services Limited
Subsidiary Companies
TeamLease Digital Private Limited (Consolidated) 100%
TeamLease Foundation (Formerly known as TeamLease Education Foundation) (Consolidated) 100%
TeamLease HRTech Private Limited (Formerly known as TeamLease E-Hire Private Limited) (Consolidated) 100%
TSR Darashaw HR Services Private Limited* (Consolidated) 90%
TeamLease EdTech Limited (Formerly known as School Guru Eduserve Private Limited) (Consolidated) 77.67%
TeamLease Regtech Private Limited (Formerly known as Avantis Regtech Private Limited) (Consolidated) 61.50%
Crystal HR and Security Solutions Private Limited** (Joint venture) 30%
TeamLease Digital Singapore Pte. Ltd.*** (Formerly known as Ikigai Enablers Pte. Ltd.) (Consolidated) 80%
TeamLease Skills University (Not Consolidated)
TeamLease Edtech Foundation (Consolidated) 77.67% w.e.f 06th Feb’25
Teamlease Consulting FZCO (Consolidated) 80%
TeamLease Digital Consulting Pte Ltd (Consolidated) 80%
TeamLease Digital Solutions Pte Ltd (Consolidated) 80%
•
•
•
*Effective 20th December 2024 ** Effective 6th January 2025 *** Effective 5th February 2025
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
19
Shareholding Structure
Retail/HNI 10.41%
Employees 0.36%
DII 51.43%
Promoters 31.1%
FII/FPI 6.70%
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
20
Disclaimer
This presentation has been prepared by TeamLease Services Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or disseminated, directly or indirectly, in any manner. Failure to comply with this directive may result in a violation of the applicable law in certain jurisdictions. By reviewing this presentation, you agree to be bound by the restrictions contained herein, and to maintain absolute confidentiality, regarding the information disclosed in these materials.
This presentation does not constitute or form part of and should not be construed as, directly or indirectly, any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company by any person in any jurisdiction, including in India, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any investment decision or any contract or commitment therefor.
This presentation contains statements that constitute forward looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. These statements can be recognized by the use of words such as ''expects", "plans", 'will", "estimates", "projects", or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in such forward-looking statements as a result of various factors and assumptions which the Company believes to be reasonable in light of its operating experience in recent years. The risks and uncertainties relating to these statements include, but not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition,, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward-looking statement that may be made from time to time by or on behalf of the Company including to reflect actual results, changes in assumptions or changes in factors affecting these statements. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements
This presentation is not a complete description of the Company and may not be all inclusive and may not contain all of the information that you may consider material. The information contained in this presentation has not been independently verified. No representation, warranty, guarantee or undertaking, express or implied, is or will be made as to, and no reliance should be placed on, the accuracy, completeness, correctness or fairness of the information, estimates, projections and opinions contained in this presentation. Viewers of this presentation must make their own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make such independent investigation as they may consider necessary or appropriate for such purpose. Such information and opinions are in all events not current after the date of this presentation. Further, past performance is not necessarily indicative of future results. Any opinions expressed in this presentation, or the contents of this presentation are subject to change without notice. This presentation should not be construed as legal, tax, accounting, investment or other advice.
Any person placing reliance on the information contained in this presentation or any other communication by the Company does so at his or her own risk and none of the Company nor any of its affiliates, advisers or representatives, any placement agent, promoters or any other persons that may participate in any offering of any securities of the Company shall have any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions, insufficiencies or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this presentation or its contents or otherwise in connection with this presentation.
This presentation has not been and will not be registered as a prospectus with any Registrar of Companies in India. This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement, a private placement offer letter or an offer document under the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, or any other applicable law.
https://group.teamlease.com
https://group.teamlease.com
© TeamLease Services Limited | Company Private & Confidential
THANK YOU
BSE: 539658 | NSE: TEAMLEASE | ISIN: INE985S01024 | CIN: L74140KA2000PLC118395
https://group.teamlease.com | Wednesday, November 05, 2025