Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:47 am
Author: Getaka|Social: XLinkedIn

Team Lease Services Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹808.60Overvalued by 29.69%vs CMP ₹1,150.00

P/E (14.2) × ROE (12.2%) × BV (₹572.00) × DY (2.00%)

₹1,322.12Undervalued by 14.97%vs CMP ₹1,150.00
MoS: +13% (Thin)Confidence: 48/100 (Moderate)Models: 3 Under, 1 Fair, 5 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹1,036.9623%Fair (-9.8%)
Graham NumberEarnings₹1,001.7417%Over (-12.9%)
Earnings PowerEarnings₹479.2811%Over (-58.3%)
DCFCash Flow₹1,869.0111%Under (+62.5%)
Net Asset ValueAssets₹572.327%Over (-50.2%)
EV/EBITDAEnterprise₹1,297.259%Under (+12.8%)
Earnings YieldEarnings₹779.707%Over (-32.2%)
ROCE CapitalReturns₹704.847%Over (-38.7%)
Revenue MultipleRevenue₹6,650.806%Under (+478.3%)
Consensus (9 models)₹1,322.12100%Undervalued
Key Drivers: EPS CAGR 28.2% lifts DCF — verify sustainability. | Wide model spread (₹479–₹6,651) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 28.2%

*Investments are subject to market risks

Investment Snapshot

66
Team Lease Services Ltd scores 66/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health81/100 · Strong
ROCE 12.7% GoodROE 12.2% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money45/100 · Moderate
FII holding down -4.66% (6mo) SellingDII holding up 2.19% MF buyingPromoter holding at 31.1% Stable
Earnings Quality50/100 · Moderate
OPM stable around 1% Steady
Quarterly Momentum80/100 · Strong
Revenue (4Q): +10% YoY GrowingProfit (4Q): +33% YoY Strong
Industry Rank55/100 · Moderate
P/E 14.2 vs industry 29.6 Cheaper than peersROCE 12.7% vs industry 21.4% Below peers3Y sales CAGR: 20% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:47 am

Market Cap 1,929 Cr.
Current Price 1,150
Intrinsic Value₹1,322.12
High / Low 2,499/1,063
Stock P/E14.2
Book Value 572
Dividend Yield0.00 %
ROCE12.7 %
ROE12.2 %
Face Value 10.0
PEG Ratio0.50

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Team Lease Services Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Team Lease Services Ltd 1,929 Cr. 1,150 2,499/1,06314.2 5720.00 %12.7 %12.2 % 10.0
Quess Corp Ltd 2,633 Cr. 176 379/16611.6 74.75.67 %9.82 %9.16 % 10.0
Kapston Services Ltd 866 Cr. 285 303/12732.6 33.50.00 %12.8 %22.2 % 5.00
EKI Energy Services Ltd 195 Cr. 70.5 140/60.063.8 1542.84 %3.93 %3.46 % 10.0
Aarvi Encon Limited 189 Cr. 128 152/88.011.4 89.41.57 %10.8 %8.26 % 10.0
Industry Average9,395.86 Cr456.1029.58147.900.87%21.42%19.77%8.65

All Competitor Stocks of Team Lease Services Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 2,0082,0272,1722,2732,4452,4322,5802,7972,9212,8582,8913,0323,013
Expenses 1,9771,9942,1452,2412,4092,3952,5582,7632,8862,8102,8612,9942,971
Operating Profit 32342632363722333547313842
OPM % 2%2%1%1%1%2%1%1%1%2%1%1%1%
Other Income 10814131491411101013918
Interest 2222333434443
Depreciation 11131213141413141313141414
Profit before tax 29262629333020262940262943
Tax % -1%8%0%6%6%5%4%4%1%5%5%4%2%
Net Profit 29242628312819252838252842
EPS in Rs 16.9414.0015.7416.2618.4916.3912.4014.6616.9520.8515.8316.4124.88

Last Updated: March 3, 2026, 2:20 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 2:46 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,5302,0072,5053,0413,6244,4485,2014,8816,4807,8709,32211,15611,794
Expenses 1,5181,9832,4793,0043,5564,3545,1084,7846,3377,7489,19111,01811,636
Operating Profit 1224263769949397142122131138159
OPM % 1%1%1%1%2%2%2%2%2%2%1%1%1%
Other Income 811152216183132-5241504550
Interest 00112512746101515
Depreciation 233691129344143535455
Profit before tax 183338527396838946115118114138
Tax % 0%6%34%-12%-1%-2%58%11%13%3%4%4%
Net Profit 183125587398357839112113110133
EPS in Rs 34.9560.2314.5133.6742.9757.3420.4645.3322.4865.1266.8864.8677.97
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)72.22%-19.35%132.00%25.86%34.25%-64.29%122.86%-50.00%187.18%0.89%-2.65%
Change in YoY Net Profit Growth (%)0.00%-91.58%151.35%-106.14%8.38%-98.53%187.14%-172.86%237.18%-186.29%-3.55%

Team Lease Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:19%
5 Years:16%
3 Years:20%
TTM:18%
Compounded Profit Growth
10 Years:13%
5 Years:24%
3 Years:3%
TTM:11%
Stock Price CAGR
10 Years:%
5 Years:-4%
3 Years:-17%
1 Year:-41%
Return on Equity
10 Years:14%
5 Years:13%
3 Years:13%
Last Year:12%

Last Updated: September 5, 2025, 1:41 pm

Balance Sheet

Last Updated: December 10, 2025, 3:31 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 0.510.511717171717171717171717
Reserves 118148294349425522555635676791781890943
Borrowings 101917111242360100105118128
Other Liabilities 1241642483064375405596367858561,0321,1201,226
Total Liabilities 2433135796738861,0901,2551,3111,5381,7641,9352,1442,313
Fixed Assets 11511107138152265255262303293311336
CWIP 0400061115181711340
Investments 00010594125705319437688
Other Assets 2333035675566898909549711,2041,2501,6281,7251,888
Total Assets 2433135796738861,0901,2551,3111,5381,7641,9352,1442,313

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1634-103679-1210303-6126118104
Cash from Investing Activity + -35-24-119-19-242-47-12-88-12341-147
Cash from Financing Activity + -11-1157-23-13-6-0-44-13-24-151-35
Net Cash Flow -30928-642-17-38247-108-217-78
Free Cash Flow 1431-153477-24-6294-201079774
CFO/OP 199%135%62%164%211%78%102%170%37%165%127%96%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow11.0024.007.0036.0062.0083.00-31.0074.0082.0022.0026.0020.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 141518212322212121181816
Inventory Days
Days Payable
Cash Conversion Cycle 141518212322212121181816
Working Capital Days 1-3-3-3-8-5-7-5-3-5-23
ROCE %16%24%16%15%18%20%15%14%16%14%13%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 31.51%31.61%31.61%31.61%31.61%31.61%31.61%31.61%31.61%31.61%31.11%31.11%
FIIs 36.47%32.86%30.47%26.26%27.01%28.72%24.72%21.86%11.01%7.69%6.68%6.35%
DIIs 24.85%27.81%30.41%35.33%34.06%31.81%34.61%37.11%47.65%50.25%50.72%49.84%
Public 7.12%7.66%7.47%6.77%7.29%7.84%9.04%9.38%9.69%10.41%11.46%12.68%
Others 0.05%0.05%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.03%0.03%
No. of Shareholders 58,53724,97922,64219,90818,32518,79821,24223,26424,23626,30327,61929,276

Shareholding Pattern Chart

No. of Shareholders

Team Lease Services Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Multi Cap Fund 1,118,734 0.27 136.421,018,7342026-01-26 03:42:549.82%
Mirae Asset Midcap Fund 906,759 0.61 110.57643,1592026-03-24 01:19:3240.99%
Franklin India Small Cap Fund 739,618 0.7 90.19N/AN/AN/A
HDFC ELSS Tax Saver Fund 450,000 0.33 54.87300,0002025-10-30 04:13:2850%
ICICI Prudential Equity & Debt Fund 295,173 0.07 35.99N/AN/AN/A
Axis Small Cap Fund 271,086 0.13 33.06N/AN/AN/A
Tata Mid Cap Fund 262,341 0.58 31.99N/AN/AN/A
UTI Small Cap Fund 252,744 0.68 30.82N/AN/AN/A
Nippon India Multi Asset Allocation Fund 247,063 0.22 30.13N/AN/AN/A
ICICI Prudential Technology Fund 226,777 0.2 27.65260,9982025-10-30 04:13:28-13.11%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 64.8667.0065.1222.4845.33
Diluted EPS (Rs.) 64.8667.0065.1222.4845.33
Cash EPS (Rs.) 97.7898.5090.4946.9366.25
Book Value[Excl.RevalReserv]/Share (Rs.) 540.79483.75479.90412.82383.71
Book Value[Incl.RevalReserv]/Share (Rs.) 540.79483.75479.90412.82383.71
Revenue From Operations / Share (Rs.) 6652.285558.454603.203790.082855.19
PBDIT / Share (Rs.) 109.01105.5397.2294.8177.92
PBIT / Share (Rs.) 77.0074.2171.9770.9558.21
PBT / Share (Rs.) 68.1770.2067.2826.6552.42
Net Profit / Share (Rs.) 65.7767.1865.2523.0846.53
NP After MI And SOA / Share (Rs.) 64.8566.8865.1222.4845.33
PBDIT Margin (%) 1.631.892.112.502.72
PBIT Margin (%) 1.151.331.561.872.03
PBT Margin (%) 1.021.261.460.701.83
Net Profit Margin (%) 0.981.201.410.601.62
NP After MI And SOA Margin (%) 0.971.201.410.591.58
Return on Networth / Equity (%) 11.9914.0513.785.5411.88
Return on Capital Employeed (%) 11.6312.4012.1614.2913.04
Return On Assets (%) 5.075.796.292.495.91
Total Debt / Equity (X) 0.040.030.020.030.00
Asset Turnover Ratio (%) 5.475.034.394.203.55
Current Ratio (X) 1.311.311.451.431.52
Quick Ratio (X) 1.311.311.451.431.52
Interest Coverage Ratio (X) 12.3517.3029.2040.8719.31
Interest Coverage Ratio (Post Tax) (X) 8.4511.6721.0129.0512.97
Enterprise Value (Cr.) 2918.994219.423606.167156.326149.45
EV / Net Operating Revenue (X) 0.260.450.451.101.26
EV / EBITDA (X) 15.9723.8421.7044.1546.16
MarketCap / Net Operating Revenue (X) 0.270.490.481.141.32
Price / BV (X) 3.355.764.7310.699.87
Price / Net Operating Revenue (X) 0.270.490.481.141.32
EarningsYield 0.030.020.020.010.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

TeamLease Services Ltd. is a Public Limited Listed company incorporated on 02/02/2000 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L74140KA2000PLC118395 and registration number is 124003. Currently Company is involved in the business activities of Activities of employment placement agencies. Company's Total Operating Revenue is Rs. 10236.29 Cr. and Equity Capital is Rs. 16.77 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Services - Others315 Work Avenue Campus, Bengaluru Karnataka 560095Contact not found
Management
NamePosition Held
Mr. Narayan RamachandranNon Executive Chairman
Mr. Manish Mahendra SabharwalExe.Vice Chairman & Whole Time Director
Mr. Ashok ReddyManaging Director & CEO
Ms. Rituparna ChakrabortyNon Exe.Non Ind.Director
Mr. Subramaniam SomasundaramIndependent Director
Mr. Rajnarayan RamakrishnanIndependent Director
Mrs. Meenakshi NevatiaIndependent Director
Dr. V RaghunathanIndependent Director
Mrs. Latika PradhanIndependent Director
Mr. Mekin MaheshwariIndependent Director

FAQ

What is the intrinsic value of Team Lease Services Ltd and is it undervalued?

As of 10 April 2026, Team Lease Services Ltd's intrinsic value is ₹1322.12, which is 14.97% higher than the current market price of ₹1,150.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (12.2 %), book value (₹572), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Team Lease Services Ltd?

Team Lease Services Ltd is trading at ₹1,150.00 as of 10 April 2026, with a FY2026-2027 high of ₹2,499 and low of ₹1,063. The stock is currently near its 52-week low. Market cap stands at ₹1,929 Cr..

How does Team Lease Services Ltd's P/E ratio compare to its industry?

Team Lease Services Ltd has a P/E ratio of 14.2, which is below the industry average of 29.58. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Team Lease Services Ltd financially healthy?

Key indicators for Team Lease Services Ltd: ROCE of 12.7 % is moderate. Dividend yield is 0.00 %.

Is Team Lease Services Ltd profitable and how is the profit trend?

Team Lease Services Ltd reported a net profit of ₹110 Cr in Mar 2025 on revenue of ₹11,156 Cr. Compared to ₹39 Cr in Mar 2022, the net profit shows an improving trend.

Does Team Lease Services Ltd pay dividends?

Team Lease Services Ltd has a dividend yield of 0.00 % at the current price of ₹1,150.00. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Team Lease Services Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE