Teamlease Services Limited — PPTs, 31-07-2025: Investor Presentation

Here's a summary of the financial results for Q1FY26:

**1. Financial Highlights:**

Q1FY26 consolidated revenue rose 12% YoY to ₹2,904 Cr (+1% QoQ). However, consolidated EBITDA dropped 35% QoQ to ₹31 Cr (1.1% margin), and Profit after Tax fell 34% QoQ to ₹25 Cr. This profit decline stemmed from EdTech's seasonality within Other HR Services, leading to negative segment EBITDA. Free cash balance stands at ₹310 Cr.

**2. Strategic Initiatives & Growth Drivers:**

Overall headcount grew by ~5,000 this quarter to 351,000. General Staffing added ~3,000 headcount, reaching ~3 lakh total billable. The Degree Apprenticeship (DA) program added ~2,000 trainees via NAPS and WILP. The company also secured 118 new client logos.

**3. Business Developments:**

Specialized Staffing saw 110 net headcount additions, largely from GCC clients, now partnering with 75 GCCs. HR Services manages over 3.5 lakh monthly records in its Human Capital Management (HCM) business.

**4. Market Position & Competitive Advantage:**

TeamLease is a leading Indian human capital management company, serving over 4,000 clients and managing ~3.5 lakh associates/trainees. It aims to be the largest private sector employer, leveraging its pan-India presence (7,500+ locations) and 6% staffing market share.

**5. Investor Implications:**

Consistent top-line growth and headcount additions signal positive growth potential. However, investors should monitor profitability volatility, especially the impact of seasonality in the Other HR Services segment, which significantly affected Q1 consolidated earnings.