TeamLease Services Ltd.
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3940.00 +183.40 ▲4.9%

29 July 2021, 04:00:00 P.M.
Volume: 1,136

Overview View Details

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Website http://www.teamleasegroup.com
Financial Indicators
Market Cap 6,720.06 Cr.
Earnings per share (EPS) 51.16 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 76.82 Trailing Twelve Months Ending 2021-06
Industry PE 110.11 Trailing Twelve Months Ending 2021-06
Book Value / Share 396.71 Trailing Twelve Months Ending 2021-06
Price to Book Value 9.91 Calculated using Price: 3,930.60
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.71 Cr. 17,096,769 Shares
FaceValue 10
Company Profile

Teamlease Services was originally incorporated as a private limited company, under the Companies Act, 1956 on February 02, 2000 with Registrar of Companies, Mumbai, Maharashtra, India, under the name India Life Chakravarti Actuarial Services Private Limited in Mumbai, India. The name of the company was changed to Team Lease Services Private Limited and a fresh certificate of incorporation consequent upon change of name was issued on January 24, 2002. The company was converted into a public limited company on May 15, 2015 and the name of the company was changed to Team Lease Services Limited and a fresh certificate of incorporation was issued on May 15, 2015. Subsequently, the name of the company was changed to TeamLease Services Limited and a fresh certificate of incorporation was issued on July 24, 2015.

The company’s core business is providing staffing solutions across industry sectors and diverse functional areas. The majority of its Associate Employees are engaged in sales, logistics and customer service functions. It focuses on people, processes and technology to enhance business productivity by enabling its clients to outsource their staffing requirements and allowing them to focus on operating and growing their core businesses. The company is managed professionally by a high quality management team with deep extensive market and industry expertise, exhibiting thought leadership on matters of public policy.

The company has provided services under the TeamLease brand for more than ten years and IIJT brand for more than five years. The company has grown largely organically, driven by its strong operational and technological excellence. From time to time it also identify and complete acquisitions to improve operational synergies, acquire new clients or enter new sectors.

Business area of the company

The company is one of India’s leading providers of human resource services in the organized segment delivering a broad range of human resource services to various industries with a vision of putting India to work. It delivers a broad range of human resource services to various industries and diverse functional roles across India to meet the needs of small and large business clients as well as those of qualified job seekers or “Associate Employees”. The company’s services span the entire supply chain of human resources in India, covering aspects of employment, employability and education. Its employment services include temporary staffing solutions, permanent recruitment services and regulatory consultancy for labor law compliance; its employability offerings include different types of learning and training solutions, including retail learning solutions, institutional learning solutions and enterprise learning solutions. All of its businesses operate on an asset-light model with low capital expenditure requirements.

Major events and milestones

  • 2000: The company was incorporated as India Life Chakravarti Actuarial Services.
  • 2002: The name of the company was changed to Team Lease Services.
  • 2005: Reached turnover of Rs 1,000 million for the year ended Mar 31, 2005.
  • 2006: Reached 30,000+ associates on the company’s rolls.
  • 2008: The company’s presence was spread across multiple locations.
  • 2009-2010: GCIF, GAPL and GIL made investments of Rs 500 million in the company.
  • 2010: Acquired IIJT.
  • 2011: Co-founded the ‘Indian Staffing Federation’ to professionalise the Indian staffing industry.
  • 2011: GCIF, GAPL, GIL made second round of investments of ` 250 million and IAF made investments of Rs 750 million in the company.
  • 2011: The company entered into a memorandum of understanding with the Government of Gujarat to establish a private university.
  • 2013: TLSU was established as a university under the Gujarat Private Universities Act.
  • 2014: Classes for TeamLease Skills University commenced.
  • 2014: Established public private partnership project for apprenticeship (NETAP).

Awards and accreditations

  • 2007: Awarded as the top tax payer for the Fiscal 2005-06 on Central Excise Day by Office of the Chief Commissioner of Central Excise, Bengaluru Zone, Ministry of Finance, Department of Revenue, Government of India.
  • 2009: Awarded the ‘Samman Patra’ for outstanding revenue performance in the Bengaluru Central Excise Zone for the year 2007-08 by the Office of the Chief Commissioner of Central Excise, Bengaluru Zone, Ministry of Finance, Department of Revenue, Government of India.
  • 2009: The London School of Economics published a case study in relation to the company titled ‘Concept Arbitrage in India’.
  • 2010: The Harvard Business School published a case study in relation to the company titled ‘TeamLease Putting India to Work (II) Legally’.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.88%
1 Week
+2.79%
1 Month
+9.09%
3 Month
+19.03%
6 Month
+38.24%
1 Year
+119.39%
2 Year
+47.35%
5 Year
+275.11%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -26.20 -4.17 16.28 23.07 10.77 17.07 18.45 20.28 6.75
Return on Capital Employed (%) -23.20 -3.21 15.64 24.51 15.99 15.06 18.44 20.43 16.25
Return on Assets (%) -11.28 -2.03 7.62 11.01 5.45 9.24 9.84 10.52 3.27

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 105 100 118 149 312 366 442 539 572
Non Curr. Liab. 11 15 19 27 48 18 9 1 95
Curr. Liab. 81 109 106 141 234 269 396 484 574
Minority Int.
Equity & Liab. 197 224 243 316 593 653 846 1,024 1,241
Non Curr. Assets 47 51 51 79 121 235 360 466 673
Curr. Assets 150 173 192 237 472 418 486 559 567
Misc. Exp. not W/O
Total Assets 197 224 243 316 593 653 846 1,024 1,241

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 926 1,251 1,530 2,007 2,505 3,041 3,624 4,448 5,201
Other Income 8 11 8 11 18 22 17 18 33
Total Income 934 1,262 1,538 2,018 2,522 3,063 3,641 4,466 5,234
Total Expenditure -946 -1,262 -1,518 -1,983 -2,481 -3,004 -3,557 -4,354 -5,108
PBIDT -12 0 20 36 41 59 84 113 126
Interest -1 -1 0 0 -1 -1 -2 -5 -12
Depreciation -4 -4 -2 -3 -3 -6 -9 -11 -29
Taxation -2 -13 6 1 2 -48
Exceptional Items
PAT -17 -4 18 31 25 58 74 98 37

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -40 -9 16 34 -10 36 79 -12 10
Cash Fr. Inv. -31 7 -35 -24 -119 -19 -24 2 -47
Cash Fr. Finan. 104 4 -11 -1 157 -23 -13 -6 0
Net Change 33 1 -30 9 28 -6 42 -17 -38
Cash & Cash Eqvt 42 43 13 22 50 24 67 50 12

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 40.28 40.28 40.03 40.02 40.02 40.02 34.01 34.01 34.01
Public 59.72 59.72 59.97 59.80 59.88 59.88 65.99 65.88 65.88
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 1.22 1.22 1.23 1.23 1.23 1.23 1.45 1.45 0.00

Announcements View Details

Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Press Release / Media Release
TeamLease: Press Release pertaining to the Un-Audited Financial Results for the quarter ended June 30 2021
Wed, 28 Jul 2021
Teamlease: Appointment Of Mrs. Meenakshi Nevatia And Mr. Subramaniam Somasundaram As Independent Directors (Additional) On The Board Of Directors Of Company With Effect From July 28 2021
TeamLease: Appointment of Mrs. Meenakshi Nevatia and Mr. Subramaniam Somasundaram as Independent Directors (Additional) on the Board of Directors of Company with effect from July 28 2021
Wed, 28 Jul 2021
Board Meeting Outcome for Teamlease: Outcome Of Board Meeting Of Held On July 28 2021
TeamLease: Outcome of Board meeting of held on July 28 2021

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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