TeamLease Services (NSE:TEAMLEASE) Operating Income: ₹1,017 Mil (TTM As of Jun. 2026)

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NSE:TEAMLEASE TeamLease Services Ltd NSE:TEAMLEASE
87 GF Score
Price ₹1,253.60
GF Value ₹2,759.16
Valuation Significantly Undervalued
! 5 Warning Signs
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What is TeamLease Services Operating Income?

TeamLease Services NSE:TEAMLEASE +0.01% 87 Operating Income is ₹1,017 Mil as of Jun. 2026. GuruFocus rates NSE:TEAMLEASE with a GF Score™ of 87/100 and a GF Value™ of ₹2,759.16 (Significantly Undervalued). The stock has 5 warning signs investors should review.

TeamLease Services's Operating Income for the three months ended in Jun. 2026 was ₹181 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,017 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. TeamLease Services's Operating Income for the three months ended in Jun. 2026 was ₹181 Mil. TeamLease Services's Revenue for the three months ended in Jun. 2026 was ₹30,347 Mil. Therefore, TeamLease Services's Operating Margin % for the quarter that ended in Jun. 2026 was 0.60%.

Warning Sign:

TeamLease Services Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -21.2%.

TeamLease Services's 5-Year average Growth Rate for Operating Margin % was -21.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TeamLease Services's annualized ROC % for the quarter that ended in Jun. 2026 was 3.24%. TeamLease Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 176.73%.

TeamLease Services  (NSE:TEAMLEASE) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

TeamLease Services's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=724 * ( 1 - 4.99% )/( (21249.3 + 0)/ 1 )
=687.8724/21249.3
=3.24 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=28004.8 - 788.6 - ( 10633.7 - max(0, 13158.1 - 19125+10633.7))
=21249.3

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

TeamLease Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1596.4/( ( (903.3 + max(-6645.8, 0)) + (0 + max(0, 0)) )/ 1 )
=1596.4/( ( 903.3 + 0 )/ 1 )
=1596.4/903.3
=176.73 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5446.6 + 0 + 508.4) - (788.6 + 0 + 11812.2)
=-6645.8

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

TeamLease Services's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=181/30346.9
=0.60 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

TeamLease Services Operating Income Related Terms

TeamLease Services Operating Income Historical Data

* Premium members only.

The historical data trend for TeamLease Services's Operating Income 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.

TeamLease Services Operating Income Chart

TeamLease Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,404.32 1,298.90 1,317.80 844.10 1,005.80

TeamLease Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 170.70 241.80 285.50 308.70 181.00
NSE:TEAMLEASE
87GF Score
TeamLease Services Ltd NSE:TEAMLEASE
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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TeamLease Services Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,017 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹1,017 Mil mean?
TeamLease Services (NSE:TEAMLEASE) has a Operating Income of ₹1,017 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on TeamLease Services and its competitors.
Is TeamLease Services' Operating Income too high?
TeamLease Services' current Operating Income is ₹1,017 Mil. Overall, TeamLease Services has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TeamLease Services' Operating Income compare to KFY and RHI?
TeamLease Services' Operating Income of ₹1,017 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Business Services company?
A good Operating Income depends on the Business Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on TeamLease Services and its competitors. TeamLease Services's current Operating Income is ₹1,017 Mil. 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 ₹2,759.16, compared to a current price of ₹1,253.60 — trading 54.6% below its estimated fair value. The current Operating Income is ₹1,017 Mil. TeamLease Services' overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For TeamLease Services (NSE:TEAMLEASE), the current Operating Income is ₹1,017 Mil as of Jun. 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 ₹1,253.60 is trading 54.6% below its estimated GF Value™ of ₹2,759.16. GuruFocus considers TeamLease Services to be Significantly Undervalued.

Key valuation signals for NSE:TEAMLEASE:

  • Operating Income: ₹1,017 Mil
  • GF Value™: ₹2,759.16 vs. price of ₹1,253.60 (54.6% below fair value)
  • GF Score™: 87/100 with 5 warning signs

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.

TeamLease Services Business Description

Other Exchanges 539658:India
Address Jyothi 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.
87GF Score

Get the complete analysis for NSE:TEAMLEASE

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,253.60
Price
₹2,759.16
GF Value