TeamLease Reports Q1FY27 Results: Revenue Up 6% YoY as PBT Jumps 38%, Buyback Completes ₹238 Crore Transaction

TeamLease Reports Q1FY27 Results: Revenue Up 6% YoY as PBT Jumps 38%, Buyback Completes ₹238 Crore Transaction​

Bengaluru, India, July 29, 2026: TeamLease Services Limited (NSE: TEAMLEASE, BSE: 539658), a prominent people supply chain company in India, has announced its consolidated unaudited financial results for the first quarter (Q1FY27) of the fiscal year ending March 31, 2027.

The company reported that total revenue grew by 4% sequentially and 6% year-over-year (YoY). Profitability improved significantly, with Profit before Tax (PBT) growing 38% YoY, while the company also completed a substantial buyback of equity shares totaling ₹238 crore.

Consolidated Financial Performance Snapshot​

The following table summarizes TeamLease Services Limited's consolidated financial performance across Q1FY27, compared to previous quarters and years:

Q1FY27 Operational Highlights and Key Updates​

The company noted several operational milestones during the quarter:

• Client Acquisition: TeamLease added 127 new enterprise client logos across all business verticals.
• Share Buyback: The Company successfully completed the buyback of equity shares, aggregating up to ₹238 crore, which represented 8.87% of paid-up capital and involved 14,87,500 shares at ₹1,600 per share.
• Cash Position: Net free cash stood at ₹350 crore following the buyback outflow, with outstanding TDS receivable estimated at ₹14.5 crore.

Business Segment Performance Review​

The performance varied across different business segments:

General Staffing
During the quarter, General Staffing added 28 new logos, over 65% of which were onboarded under the variable engagement model. The segment reported a Day Sales Outstanding (DSO) of 6 days and maintained a funding exposure of 16%.

Specialised Staffing
Gross revenue in Specialised Staffing grew by 6% QoQ and 21% YoY. This segment remains crucial for stability, with the Global Capability Centre (GCC) contributing over 67% of segment revenue. The company now serves 120+ GCC clients across verticals including Life Sciences, Telecom, Consulting, Engineering, BFSI, Consumer, and IT, up from 110+ at the end of FY26. EBITDA in this segment saw a 10% sequential decline due to the annual appraisal cycle and higher associate leave availment.

Degree Apprenticeship (DA)
The DA segment added 18 new client logos. Of the total associate base, 32% have now adopted integrated learning solutions, an increase from 30% in Q4FY26. Net additions for this segment were approximately 2,100, excluding planned exits. The GCC segment continues to see strong momentum driven by increasing enterprise demand for Apprentices Act compliance.

HR Services
The HR Services segment recorded a 34% QoQ decline in revenue due to EdTech seasonality, with billing concentrated towards the final quarter. Losses in this segment narrowed YoY, supported by revenue growth and recovery of prior-period dues. The RegTech digital business has achieved 500 billable customers, including 300 added over the last two years.

Management Commentary​

Ms. Suparna Mitra, Managing Director & CEO of TeamLease Services Limited, commented on the results, stating that the company's business EBITDA improved by 18% YoY, supported by specialized staffing and operational efficiency. She noted that while overall hiring trends in general staffing were softer, their new logo additions and hiring productivity were trending upward. Ms. Mitra added that continued formalization of the economy and the increasing demand for comprehensive talent solutions are reshaping the employment landscape, positioning TeamLease to invest in technology-enabled platforms and higher-margin adjacencies.

TEAMLEASE Stock Price Movement​

Shares of Teamlease Services Limited closed lower today, settling at ₹1299.2 after slipping by 0.5% from the previous session's close. The stock traded within an intraday range of ₹1290 to ₹1317.7, while 95,150 shares were transacted during the day.