TeamLease Services Ltd Q4 FY26 Results

Summary

TeamLease Services Limited announced its consolidated financial results for Q4 and the full fiscal year ended March 31, 2026, showcasing robust growth in profitability. For FY26, the company reported a total revenue of ₹11,859 crore, marking a 6% increase year-on-year, while Profit after Tax surged by 33% to ₹147.1 crore. Q4FY26 saw EBITDA grow 8% sequentially to ₹46.0 crore, contributing to a 14% full-year EBITDA growth to ₹158.0 crore, driven by improved operating leverage and disciplined cost management. The company also announced a significant corporate action, with the Board approving a buyback of up to 25% of free reserves, leveraging its strong net free cash balance of ₹600 crore. These results underscore a positive financial position and strategic capital allocation.

Key Highlights

1. 1

   TeamLease Services Limited reported a 6% year-on-year increase in total revenue for FY26, reaching ₹11,859 crore.

2. 2

   Profit after Tax (PAT) for FY26 surged by 33% to ₹147.1 crore, while Profit before Tax (PBT) grew by 36% to ₹155.9 crore compared to the previous fiscal year.

3. 3

   Consolidated EBITDA for Q4FY26 was ₹46.0 crore, an 8% quarter-on-quarter rise, contributing to a 14% full-year EBITDA growth to ₹158.0 crore.

4. 4

   The company's net free cash now stands at ₹600 crore, significantly bolstered by an income tax refund of ₹143.1 crore.

5. 5

   The Board approved a share buyback of up to 25% of free reserves, to be funded from existing free cash balances.

6. 6

   Specialized Staffing delivered strong performance, with gross revenue increasing 13% year-on-year and full-year EBITDA climbing 15%, with margin expanding 12 bps over FY25.

7. 7

   During Q4FY26, TeamLease added 109 new enterprise client logos and recorded approximately 6,000 net headcount additions, broad-based across sectors.