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TeamLease Services Limited (TEAMLEASE) Fair Value & Analysis

Industrials · IN · Market cap ₹24.6B

TS TeamLease Services Limited TEAMLEASE · NSE
Price₹1,421
Fair Value₹1,417
Upside-0.3%
Quality56/100
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Evidence: High Range ₹1,062 – ₹2,808

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +3.2% over the past month.

Price vs Fair Value (12 months)

₹1,990 ₹1,092 Fair Value ₹1,417 Jul 2025 Jul 2026

12‑month range ₹1,092 – ₹1,990 · fair‑value band ₹1,062 – ₹2,808 · the ₹1,421 price screens above the ₹1,417 fair value. As of Jul 3, 2026.

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Analysis

TeamLease Services Limited (TEAMLEASE) currently trades at ₹1,421, while our model-based Fair Value estimate is ₹1,417 — implying the stock looks roughly 0.3% overvalued today. We read business quality at 56/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, TeamLease Services Limited generated revenue of ₹118B at a net margin of 1.2%. Revenue grew 2.3% year over year. It earns a return on equity of 14.3%. The balance sheet holds a net cash position of ₹1.9B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹118B
Revenue growth (YoY) +2.3%
Net margin 1.2%
Return on equity 14.3%
Free cash flow ₹3.1B FY2026
P/E ratio 439.5
More key figures
Operating margin 1.1%
EPS (TTM) ₹3.34
EPS growth (YoY) +25.6%
Net cash ₹1.9B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

TeamLease Services Limited engages in human resource services in India and internationally. The company provides temporary and permanent staffing, consulting, IT infrastructure management, offshore development and testing center, information technology, ITES/BPO/call center/KPO/RPO, and medical transcription; IT telecom recruitment, consulting and training, NOC and global NOC, telecom integration and radio frequency, telecom and ISP, marketing/advertising/public relations, and entertainment/ media/journalism; and contractual staffing, payroll support services, HR administrative solutions, banking, financial services, and insurance services. It offers consumer goods and durables/home appliances, consumer products/FMCG, and healthcare/para-medical services; automobile/automotive/ auto components, engineering/procurement and construction, and infrastructure/ utilities; and retail and ecommerce, hospitality, hotels, resorts, restaurants, transportations, agriculture/forestry, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

TeamLease Services Limited reported revenue of ₹118B in FY2026 versus ₹64.8B in FY2022, a compound +16.1%/yr. Reported net income was ₹1.4B in FY2026, compounding +38.1%/yr from FY2022.

Revenue +16.1%/yr
FY22 ₹64.8B
FY23 ₹78.7B
FY24 ₹93.2B
FY25 ₹112B
FY26 ₹118B
Net income +38.1%/yr
FY22 ₹384M
FY23 ₹1.1B
FY24 ₹1.1B
FY25 ₹1.1B
FY26 ₹1.4B

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Similar stocks

6 more Staffing & Employment Services stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Randstad N.V RANJY $15.03 $20.32 +35%
Adecco Group AHEXF $17.25 $29.31 +70%
Korn Ferry, KFY $67.77 $99.59 +47%
Robert Half Inc RHI $31.24 $27.30 -13%
TriNet Group TNET $46.64 $71.78 +54%
ManpowerGroup Inc MAN $33.55 $26.01 -22%

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Frequently asked questions

Is TeamLease Services Limited (TEAMLEASE) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹1,417 versus a price of ₹1,421 — about −0% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TEAMLEASE?
Our model-based fair value for TeamLease Services Limited is ₹1,417 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹1,421.
What is the quality score of TEAMLEASE?
TeamLease Services Limited has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TeamLease Services Limited (TEAMLEASE)?
TeamLease Services Limited reported trailing-twelve-month revenue of about ₹118B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of TEAMLEASE?
The net profit margin of TeamLease Services Limited is about 1.2%, meaning it keeps roughly 1.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.