What we do TeamLease Services Ltd is one of India's leading human resource service providers, covering employment, employability, and education through staffing, payroll, compliance, and training. |
Founded in 2,000 |
Market share Holds a 6% market share in India's organized staffing sector, serving over 4000 clients and managing 3.4 lakh associates. |
Problem solved Addresses workforce hiring, productivity, compliance challenges, and skilling for diverse industries and job roles. |
Top clients or who we serve Serves large, medium, and small enterprises across sectors including BFSI, IT, manufacturing, and telecom; B2B focus. |
Key management Manish Sabharwal (Executive Vice Chairman), Ashok Reddy (Managing Director & CEO), Narayan Ramachandran (Chairman). |
Our journey and innovations Founded in 2000, pioneered India's Degree Apprenticeship program in 2015, expanded into IT staffing and HR tech via acquisitions and partnerships globally. |
Where we operate Primarily India with recent expansion into Singapore and Dubai. |
Top products or what we offer Staffing & Allied Services, Specialized Staffing, HRTech solutions including recruitment platforms, compliance and payroll outsourcing, and workforce training. |
Top brands HireTech platform, Wallet HR by Crystal HR, TeamLease Degree Apprenticeship, TeamLease Skills University, Fresherworld job portal. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely recurring through staffing contracts and subscription-based HR services with some cyclical hiring spikes. |
Our industry position Leading HR solutions provider with pioneering skills university and largest IT staffing company by headcount in India. |
Financial highlights Consolidated revenue ₹11,155.87 Crores and net profit ₹110.47 Crores in FY 2024-25. |
Geographical revenue split India accounts for ₹9270 Crores, with minimal revenue from outside India (~₹52 Crores). |
Order book - |
Whats driving growth Growth fueled by digital workforce solutions, degree apprenticeship programs, IT and specialized staffing expansion, and new HR tech investments. |
Our future plans Focus on platform enhancements, international market expansion, and increased stake in tech-driven subsidiaries. |
Our green promise - |
Our people and values Employs over 3.5 lakh associates and fosters diversity, inclusion, and employee wellness programs. |
Key challenges ahead Managing market volatility, regulatory compliance, and competitive talent sourcing. |
Interesting facts Hired over 24 lakh people in 25 years; runs India’s first Skills University and fastest-growing PPP Apprenticeship Program. |
Risks and strategy Monitors market and regulatory risks with strong governance, cost controls, and ongoing vendor negotiations to ensure business continuity. |
