TeamLease Services Announces Q4 and FY26 Results; Approves ₹238 Crores Buyback
Bengaluru, May 20, 2026: TeamLease Services Limited, a major player in India's staffing sector, announced its consolidated financial results for the fourth quarter (Q4 FY26) and the full financial year ended March 31, 2026 (FY26). The company also announced a board-approved proposal to conduct a buyback of equity shares.The consolidated financial results showed significant year-over-year growth, with EBITDA increasing 14% and Profit Before Tax (PBT) growing 36%.
Financial Performance Snapshot
The consolidated financial results for Q4 FY26 and FY26 show robust revenue growth and margin expansion across the business.In terms of consolidated figures (₹ Crores), the key trends are:
| Particulars | Q4 FY26 | Year Ended FY26 | Year Ended FY25 | Year-over-Year Change |
|---|---|---|---|---|
| Total Revenue | 2,949 | 11,859 | 11,201 | 6% |
| Operating Revenue | 2,925 | 11,791 | 11,156 | 6% |
| EBITDA | 46.0 | 158.0 | 138.3 | 14% |
| Profit Before Tax | 51.6 | 155.9 | 114.5 | 36% |
| Profit After Tax | 46.0 | 147.1 | 110.5 | 33% |
The company also reported that its net free cash cash now stands at ₹600 crore.
Segmental Momentum and Operations
The company highlighted strong performance across its core service segments:- General Staffing: The segment reported total income from operations of 2,92,487 in Q4 FY26, showing a two percent sequential increase.
- Specialised Staffing: This segment demonstrated strong growth, with gross revenue increasing 13% year-over-year and full-year EBITDA climbing 15%.
- Other HR Services: This division showed healthy operational scaling, with full-year revenue and EBITDA growing 23% and 22% respectively.
In terms of workforce, the total headcount stood at 3,40,600 associates at the end of FY26, reflecting a modest decline of two percent year-over-year. The company also noted that 24% of gross associates hired were first time job seekers.
Key Corporate Announcements
The Board of Directors, at its meeting held on May 20, 2026, approved several material actions:1. Equity Buyback Proposal:
The Board approved a proposal to buy back 14,87,500 fully paid up Equity Shares. This buyback is planned on a proportionate basis through a Tender Offer route at a price of ₹1,600 per Equity Share, payable in cash. The aggregate amount not exceeding ₹238 Crores, representing 8.87% of the total paid-up capital as of March 31, 2026.
2. Re-appointment of Independent Directors:
The Board also approved the re-appointment of three Independent Directors for a second term of five years, subject to shareholder approval.
| Independent Director | DIN | Proposed Appointment Date (5-year term) |
|---|---|---|
| Mr. Mekin Maheshwari | 03621431 | 08-06-2026 |
| Mrs. Meenakshi Nevatia | 08235844 | 27-07-2026 |
| Mr. Somasundaram Subramaniam | 01494407 | 27-07-2026 |
In addition to the financial outcomes, the company reported that the financial results for the quarter and year ended March 31, 2026, were audited and adopted by the Board of Directors.
TEAMLEASE Stock Price Movement
Today, shares of Teamlease Services Limited rallied, gaining 2.85% to close at ₹1412.6. The stock finished the day on solid momentum, trading a total volume of 70,286 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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