TeamLease ServicesNSE:TEAMLEASE +0.37%85 Interest Coverage is 9.83 as of Mar. 2026, which is 46% below its 10-year median of 18.20. GuruFocus rates NSE:TEAMLEASE with a GF Score™ of 85/100 and a GF Value™ of ₹3,420.72 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 814 Business Services companies, TeamLease Services ranks worse than 61.18% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. TeamLease Services's
Operating Income
for the
three
months ended in Mar. 2026 was ₹309 Mil. TeamLease Services's Interest Expense for the
three
months ended in Mar. 2026 was ₹-31 Mil.
TeamLease Services's interest coverage for the quarter that ended in Mar. 2026 was 9.83.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for TeamLease Services's Interest Coverage or its related term are showing as below:
NSE:TEAMLEASE'
s Interest Coverage Range Over the Past 10 Years
Min: 5.7 Med: 18.2 Max: 36.81
Current: 7.04
NSE:TEAMLEASE's Interest Coverage is ranked worse than 61.18% of 814
companies
in the Business Services industry
Industry Median: 12.98
vs NSE:TEAMLEASE: 7.04
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
TeamLease Services Interest Coverage Related Terms
TeamLease Services Interest Coverage Historical Data
* Premium members only.
The historical data trend for TeamLease Services's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:TEAMLEASE vs KFY, RHI, TNET: Interest Coverage Comparison
For the Staffing & Employment Services subindustry, TeamLease Services's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TeamLease Services Interest Coverage vs Business Services Industry
For the Business Services industry and Industrials sector, TeamLease Services's Interest Coverage distribution charts can be found below:
* The bar in red indicates where TeamLease Services's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TeamLease Services (NSE:TEAMLEASE) has a Interest Coverage of 9.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TeamLease Services and its competitors. This is 46% below median its historical median of 18.20. Over the past decade, TeamLease Services' Interest Coverage has ranged from 5.70 to 36.81. According to the industry distribution chart, TeamLease Services ranks #498 out of 814 companies in the Business Services industry, placing it in the top 61.2%.
Is TeamLease Services' Interest Coverage too high?
TeamLease Services' current Interest Coverage of 9.83 is 46% below median its 10-year median of 18.20. Over the past 10 years, this metric has ranged from a low of 5.70 to a high of 36.81. The Business Services industry median Interest Coverage is 12.98. TeamLease Services' value of 9.83 is 24.3% below this industry median. Based on the distribution chart, TeamLease Services ranks #498 out of 814 companies in the Business Services industry, which is below the industry midpoint. Overall, TeamLease Services has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TeamLease Services' Interest Coverage compare to KFY and RHI?
According to the Business Services industry distribution chart, TeamLease Services ranks #498 out of 814 companies for Interest Coverage. This places TeamLease Services in the lower half of its industry. The industry median Interest Coverage is 12.98. TeamLease Services' value of 9.83 is 24.3% below this benchmark. Historically, TeamLease Services' own Interest Coverage has ranged from 5.70 to 36.81 over the past decade. While the company's 10-year median is 18.20 vs. the industry median of 12.98, TeamLease Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 814 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TeamLease Services's current Interest Coverage of 9.83 is 24.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TeamLease Services and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamLease Services's current Interest Coverage is 9.83, which is 46% below median its own 10-year median of 18.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamLease Services stock overvalued right now?
Based on GuruFocus' analysis, TeamLease Services (NSE:TEAMLEASE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3,420.72, compared to a current price of ₹1,450.40 — trading 57.6% below its estimated fair value. The current Interest Coverage is 9.83, which is 46% below median its 10-year median of 18.20 and 24.3% below the Business Services industry median of 12.98. TeamLease Services' overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For TeamLease Services (NSE:TEAMLEASE), the current Interest Coverage is 9.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TeamLease Services (NSE:TEAMLEASE) Overvalued in 2026?
Based on GuruFocus' analysis, TeamLease Services stock appears to be undervalued.
The current stock price of ₹1,450.40 is trading 57.6% below its estimated GF Value™ of ₹3,420.72.
GuruFocus considers TeamLease Services to be Significantly Undervalued.
Key valuation signals for NSE:TEAMLEASE:
Interest Coverage: 9.83 (46% below median its 10-year median of 18.20)
GF Value™: ₹3,420.72 vs. price of ₹1,450.40 (57.6% below fair value)
Industry Position: 24.3% below the Business Services median (#498 of 814)
No single metric tells the full story. See the NSE:TEAMLEASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJyothi Nivas College Road, 315 Work Avenue Campus, Ascent Building, Number 77, Koramangala Industrial Layout, Koramangala, Bengaluru, KA, IND, 560095
TeamLease Services Ltd provides human resource services. Its employment services include temporary staffing solutions, permanent recruitment services, and regulatory consultancy for labor law compliance. Its segments are General Staffing and Allied Services, which include Staffing, Temporary Recruitment and Payroll & NETAP, and Other HR Services segments, which Comprises of Regulatory Compliance and Training, etc. The General staffing and Allied Services segment generates the majority of revenue. Geographically the company operates in India and outside India, where the key revenue is generated from India itself.
85GF Score
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