Team Lease Services Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹938.97Overvalued by 24.70%vs CMP ₹1,247.00

P/E (12.5) × ROE (14.8%) × BV (₹622.00) × DY (2.00%)

₹1,461.94Undervalued by 17.24%vs CMP ₹1,247.00
MoS: +14.7% (Thin)Confidence: 48/100 (Moderate)Models: 3 Under, 1 Fair, 5 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹1,204.1423%Fair (-3.4%)
Graham NumberEarnings₹1,044.6017%Over (-16.2%)
Earnings PowerEarnings₹533.8311%Over (-57.2%)
DCFCash Flow₹2,058.9711%Under (+65.1%)
Net Asset ValueAssets₹683.047%Over (-45.2%)
EV/EBITDAEnterprise₹1,431.509%Under (+14.8%)
Earnings YieldEarnings₹779.707%Over (-37.5%)
ROCE CapitalReturns₹824.707%Over (-33.9%)
Revenue MultipleRevenue₹7,298.816%Under (+485.3%)
Consensus (9 models)₹1,461.94100%Undervalued
Key Drivers: EPS CAGR 28.2% lifts DCF — verify sustainability. | Wide model spread (₹534–₹7,299) — 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

Analyst Summary

Team Lease Services Ltd operates in the Services - Others segment, current market price is ₹1,247.00, market cap is 1,906 Cr.. At a glance, stock P/E is 12.5, ROE is 14.8 %, ROCE is 15.4 %, book value is 622, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹1,461.94, which is about 17.2% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹11,156 Cr versus the prior period change of 19.7%, while latest net profit is about ₹110 Cr with a prior-period change of -2.7%. The 52-week range shown on this page is 1,944/1,063, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisTeamLease 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…

This summary is generated from the stock page data available for Team Lease Services Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

68
Team Lease Services Ltd scores 68/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health81/100 · Strong
ROCE 15.4% GoodROE 14.8% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding up 0.27% (6mo) Slight increaseDII holding down 2.91% MF sellingPromoter holding at 31.1% StableShareholders up 75% Retail surge
Earnings Quality50/100 · Moderate
OPM stable around 1% Steady
Quarterly Momentum80/100 · Strong
Revenue (4Q): +10% YoY GrowingProfit (4Q): +33% YoY Strong
Industry Rank65/100 · Strong
P/E 12.5 vs industry 36.5 Cheaper than peersROCE 15.4% vs industry 13.0% Average3Y 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.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 8:21 am

Market Cap 1,906 Cr.
Current Price 1,247
Intrinsic Value₹1,461.94
High / Low 1,944/1,063
Stock P/E12.5
Book Value 622
Dividend Yield0.00 %
ROCE15.4 %
ROE14.8 %
Face Value 10.0
PEG Ratio0.44

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 1,906 Cr. 1,247 1,944/1,06312.5 6220.00 %15.4 %14.8 % 10.0
Kapston Services Ltd 1,559 Cr. 512 600/15851.3 38.20.00 %15.0 %27.3 % 5.00
Aarvi Encon Limited 227 Cr. 153 168/11511.5 95.91.31 %14.4 %13.4 % 10.0
EKI Energy Services Ltd 213 Cr. 77.1 122/60.0 1512.60 %1.61 %1.83 % 10.0
Affordable Robotic & Automation Ltd 197 Cr. 166 370/12033.5 98.10.00 %8.80 %6.60 % 10.0
Industry Average12,048.64 Cr548.5336.46147.670.56%12.99%12.66%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: July 23, 2026, 5:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 0.511717171717171717171717
Reserves 1482943494255225556356767917818901,027
Borrowings 01917111242360100105118116
Other Liabilities 1642483064375405596367858561,0321,1201,641
Total Liabilities 3135796738861,0901,2551,3111,5381,7641,9352,1442,800
Fixed Assets 511107138152265255262303293311353
CWIP 400061115181711340
Investments 00105941257053194376203
Other Assets 3035675566898909549711,2041,2501,6281,7252,244
Total Assets 3135796738861,0901,2551,3111,5381,7641,9352,1442,800

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 34-103679-1210303-6126118104302
Cash from Investing Activity + -24-119-19-242-47-12-88-12341-147-176
Cash from Financing Activity + -1157-23-13-6-0-44-13-24-151-35-42
Net Cash Flow 928-642-17-38247-108-217-7884
Free Cash Flow 31-153477-24-6294-201079774272
CFO/OP 135%62%164%211%78%102%170%37%165%127%96%115%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow12.0024.007.0036.0062.0083.00-31.0074.0082.0022.0026.0020.00

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

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 31.61%31.61%31.61%31.61%31.61%31.61%31.61%31.61%31.11%31.11%31.11%31.11%
FIIs 30.47%26.26%27.01%28.72%24.72%21.86%11.01%7.69%6.68%6.35%6.76%6.95%
DIIs 30.41%35.33%34.06%31.81%34.61%37.11%47.65%50.25%50.72%49.84%49.60%47.81%
Public 7.47%6.77%7.29%7.84%9.04%9.38%9.69%10.41%11.46%12.68%12.50%14.12%
Others 0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.03%0.03%0.03%0.03%
No. of Shareholders 22,64219,90818,32518,79821,24223,26424,23626,30327,61929,27627,14947,581

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 0.26 137.861,018,7342026-01-26 03:42:549.82%
Mirae Asset Midcap Fund 906,759 0.61 111.74643,1592026-03-24 01:19:3240.99%
Franklin India Small Cap Fund 739,618 0.66 91.14N/AN/AN/A
ICICI Prudential Equity & Debt Fund 295,173 0.07 36.37N/AN/AN/A
Axis Small Cap Fund 271,086 0.12 33.41N/AN/AN/A
Nippon India Multi Asset Allocation Fund 247,063 0.21 30.45N/AN/AN/A
ICICI Prudential Technology Fund 226,777 0.21 27.95260,9982025-10-30 04:13:28-13.11%
Franklin India Flexi Cap Fund 201,314 0.13 24.81300,0002025-10-30 04:13:28-32.9%
ICICI Prudential Smallcap Fund 131,993 0.19 16.27N/AN/AN/A
Bandhan Multi Cap Fund 114,827 0.49 14.15N/AN/AN/A

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

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

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

As of 05 September 2026, Team Lease Services Ltd's intrinsic value is ₹1461.94, which is 17.24% higher than the current market price of ₹1,247.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (14.8 %), book value (₹622), 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 ₹1,247.00 as of 05 September 2026, with a FY2026-2027 high of ₹1,944 and low of ₹1,063. The stock is currently near its 52-week low. Market cap stands at ₹1,906 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 12.5, which is below the industry average of 36.46. 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 15.4 % indicates efficient capital utilization. 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 ₹1,247.00. The company is currently not paying meaningful dividends.

Last Updated: August 25, 2026, 8:21 am
Author: Getaka|Social: XLinkedIn
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