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TeamLease Services

BSE:539658
Snowflake Description

Flawless balance sheet with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
539658
BSE
₹50B
Market Cap
  1. Home
  2. IN
  3. Commercial Services
Company description

TeamLease Services Limited provides human resource services to various industries in India. The last earnings update was 84 days ago. More info.


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539658 Share Price and Events
7 Day Returns
-2.7%
BSE:539658
-2.2%
IN Professional Services
-1.2%
IN Market
1 Year Returns
18.7%
BSE:539658
-0.6%
IN Professional Services
-2.5%
IN Market
539658 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TeamLease Services (539658) -2.7% -2.2% 9% 18.7% 215.5% -
IN Professional Services -2.2% -0.1% 2.9% -0.6% 214.4% 13.4%
IN Market -1.2% 1.4% 4.8% -2.5% 40% 69.9%
1 Year Return vs Industry and Market
  • 539658 outperformed the Professional Services industry which returned -0.6% over the past year.
  • 539658 outperformed the Market in India which returned -2.5% over the past year.
Price Volatility
539658
Industry
5yr Volatility vs Market
Related Companies

539658 Value

 Is TeamLease Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of TeamLease Services to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for TeamLease Services.

BSE:539658 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.3%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:539658
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.858 (1 + (1- 35%) (0.15%))
0.905
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.905 * 8.6%)
15.33%

Discounted Cash Flow Calculation for BSE:539658 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for TeamLease Services is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:539658 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.33%)
2019 679.17 Analyst x6 588.87
2020 1,061.13 Analyst x8 797.71
2021 1,548.00 Analyst x5 1,009.00
2022 1,987.74 Est @ 28.41% 1,123.36
2023 2,428.02 Est @ 22.15% 1,189.74
2024 2,859.48 Est @ 17.77% 1,214.86
2025 3,279.94 Est @ 14.7% 1,208.22
2026 3,691.82 Est @ 12.56% 1,179.13
2027 4,099.97 Est @ 11.06% 1,135.38
2028 4,510.12 Est @ 10% 1,082.90
Present value of next 10 years cash flows ₹10,529.18
BSE:539658 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹4,510.12 × (1 + 7.55%) ÷ (15.33% – 7.55%)
₹62,309.97
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹62,309.97 ÷ (1 + 15.33%)10
₹14,960.91
BSE:539658 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹10,529.18 + ₹14,960.91
₹25,490.08
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹25,490.08 / 17.10
₹1490.93
BSE:539658 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹1,490.93
Current discount Discount to share price of ₹2,936.20
= -1 x (₹2,936.20 - ₹1,490.93) / ₹1,490.93
-96.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of TeamLease Services is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TeamLease Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TeamLease Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:539658 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹54.52
BSE:539658 Share Price ** BSE (2019-04-23) in INR ₹2936.2
India Professional Services Industry PE Ratio Median Figure of 16 Publicly-Listed Professional Services Companies 14.26x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TeamLease Services.

BSE:539658 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:539658 Share Price ÷ EPS (both in INR)

= 2936.2 ÷ 54.52

53.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TeamLease Services is overvalued based on earnings compared to the IN Professional Services industry average.
  • TeamLease Services is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does TeamLease Services's expected growth come at a high price?
Raw Data
BSE:539658 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 53.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
32.2%per year
Asia Professional Services Industry PEG Ratio Median Figure of 5 Publicly-Listed Professional Services Companies 1.68x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

BSE:539658 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 53.85x ÷ 32.2%

1.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TeamLease Services is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on TeamLease Services's assets?
Raw Data
BSE:539658 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹285.14
BSE:539658 Share Price * BSE (2019-04-23) in INR ₹2936.2
India Professional Services Industry PB Ratio Median Figure of 22 Publicly-Listed Professional Services Companies 1.14x
India Market PB Ratio Median Figure of 3,629 Publicly-Listed Companies 1.1x
BSE:539658 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:539658 Share Price ÷ Book Value per Share (both in INR)

= 2936.2 ÷ 285.14

10.3x

* Primary Listing of TeamLease Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TeamLease Services is overvalued based on assets compared to the IN Professional Services industry average.
X
Value checks
We assess TeamLease Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. TeamLease Services has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

539658 Future Performance

 How is TeamLease Services expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
32.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TeamLease Services expected to grow at an attractive rate?
  • TeamLease Services's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • TeamLease Services's earnings growth is expected to exceed the India market average.
  • TeamLease Services's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:539658 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:539658 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 32.2%
BSE:539658 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 19.9%
India Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 20.7%
Asia Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 16.2%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:539658 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:539658 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 65,597 1,814 1,832 10
2020-03-31 54,313 1,268 1,358 12
2019-03-31 44,833 842 998 11
BSE:539658 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 42,617 932
2018-09-30 40,075 864
2018-06-30 37,925 789
2018-03-31 36,241 792 735
2017-12-31 34,642 942
2017-09-30 33,606 850
2017-06-30 32,073 764
2017-03-31 30,413 357 576
2016-12-31 28,892 371
2016-09-30 27,056 305
2016-06-30 26,263 272
2016-03-31 25,049 -105 248

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • TeamLease Services's earnings are expected to grow significantly at over 20% yearly.
  • TeamLease Services's revenue is expected to grow by 19.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:539658 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from TeamLease Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539658 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 107.20 122.60 91.80 8.00
2020-03-31 79.93 87.60 71.37 9.00
2019-03-31 58.34 60.30 55.00 9.00
BSE:539658 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 54.52
2018-09-30 50.51
2018-06-30 46.12
2018-03-31 42.96
2017-12-31 55.09
2017-09-30 49.71
2017-06-30 44.71
2017-03-31 33.67
2016-12-31 21.93
2016-09-30 18.53
2016-06-30 16.98
2016-03-31 15.92

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • TeamLease Services is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess TeamLease Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TeamLease Services has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

539658 Past Performance

  How has TeamLease Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TeamLease Services's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • TeamLease Services has delivered over 20% year on year earnings growth in the past 5 years.
  • TeamLease Services's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • TeamLease Services's 1-year earnings growth is negative, it can't be compared to the IN Professional Services industry average.
Earnings and Revenue History
TeamLease Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TeamLease Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539658 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 42,617.00 932.23 204.90
2018-09-30 40,075.31 863.61
2018-06-30 37,924.84 788.57
2018-03-31 36,241.15 734.56 204.90
2017-12-31 34,642.49 941.70 150.68
2017-09-30 33,606.09 849.85 150.68
2017-06-30 32,073.02 763.59 150.68
2017-03-31 30,412.94 575.70 139.93
2016-12-31 28,891.91 370.52 143.49
2016-09-30 27,056.09 305.09 143.49
2016-06-30 26,262.95 271.99 143.49
2016-03-31 25,049.18 247.99 143.49
2015-12-31 23,724.82 224.27 20.94
2015-09-30 22,731.42 234.48 104.78
2015-03-31 20,070.70 307.85 80.84
2014-03-31 15,296.49 178.57 80.81
2013-03-31 12,507.32 -37.00 127.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • TeamLease Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • TeamLease Services used its assets more efficiently than the IN Professional Services industry average last year based on Return on Assets.
  • TeamLease Services has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess TeamLease Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TeamLease Services has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

539658 Health

 How is TeamLease Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TeamLease Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TeamLease Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TeamLease Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TeamLease Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 74.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TeamLease Services Company Filings, last reported 3 months ago.

BSE:539658 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,875.87 73.89 2,952.17
2018-09-30 4,875.87 73.89 2,952.17
2018-06-30 4,416.67 72.87 2,461.80
2018-03-31 4,416.67 171.65 1,191.52
2017-12-31 4,052.61 45.00 2,794.21
2017-09-30 4,052.61 45.00 2,794.21
2017-06-30 3,811.30 233.90 1,695.97
2017-03-31 3,663.48 233.90 1,263.69
2016-12-31 3,311.75 0.00 2,334.57
2016-09-30 3,311.75 0.00 2,334.57
2016-06-30 3,115.78 266.14 2,589.74
2016-03-31 3,115.78 266.14 2,589.74
2015-12-31
2015-09-30 1,595.00 75.35 1,216.68
2015-03-31 1,488.17 134.28 1,146.99
2014-03-31 1,188.38 58.70 847.25
2013-03-31 1,009.81 126.02 779.88
  • TeamLease Services's level of debt (1.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (6.6% vs 1.5% today).
  • Debt is well covered by operating cash flow (1072.4%, greater than 20% of total debt).
  • TeamLease Services earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess TeamLease Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TeamLease Services has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

539658 Dividends

 What is TeamLease Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from TeamLease Services dividends. Estimated to be 0.4% next year.
If you bought ₹2,000 of TeamLease Services shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate TeamLease Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TeamLease Services's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:539658 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
India Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:539658 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 13.80 2.00
2020-03-31 9.95 2.00
2019-03-31 5.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as TeamLease Services has not reported any payouts.
  • Unable to verify if TeamLease Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TeamLease Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TeamLease Services has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (7.6x coverage).
X
Income/ dividend checks
We assess TeamLease Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TeamLease Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TeamLease Services has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

539658 Management

 What is the CEO of TeamLease Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ashok Kumar Nedurumalli
COMPENSATION ₹9,903,297
AGE 48
CEO Bio

Mr. Ashok Kumar Reddy Nedurumalli is the Co- Founder of Team Lease Services Limited. Mr. Nedurumalli has been the Managing Director of Team Lease Services Limited since September 3,2015 and serves as its Chief Executive Officer. He oversees Team Lease 's operations and represents in forums with major clients. He is a first generation entrepreneur with 17 years of experience in the industry of human resource services. He has been an Executive Director of Team Lease Services Limited since September 3, 2015. Prior to, he served as a Director of India Life Capital Private Limited, a pension and provident fund asset management company. He has been awarded the Skills Champion of India award in the category of Skills Champion: Emerging Warrior for his outstanding contribution to the field of skills development. Mr. Nedurumalli holds a bachelors degree in commerce from the Shriram College of Commerce, University of Delhi and a diploma in management from Indian Institute of Management, Bengaluru.

CEO Compensation
  • Ashok Kumar's compensation has been consistent with company performance over the past year.
  • Ashok Kumar's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the TeamLease Services management team in years:

1.8
Average Tenure
47
Average Age
  • The average tenure for the TeamLease Services management team is less than 2 years, this suggests a new team.
Management Team

Manish Sabharwal

TITLE
Co-Founder & Executive Chairman
COMPENSATION
₹9M
AGE
48

Ashok Kumar Nedurumalli

TITLE
Co-Founder
COMPENSATION
₹10M
AGE
48

Narayanaswamy Vishwanath

TITLE
Chief Financial Officer
COMPENSATION
₹13M
AGE
55
TENURE
3.9 yrs

Rituparna Chakraborty

TITLE
Co-Founder & Executive VP
AGE
43
TENURE
2.8 yrs

Sharanabasappa Shirol

TITLE
CTO & Senior VP
AGE
43
TENURE
1.7 yrs

Alaka Chanda

TITLE
Company Secretary & Compliance Officer
TENURE
0.5 yrs

Sangeeta Malkhede

TITLE
VP & HR Lead
TENURE
1.5 yrs

Neeti Sharma

TITLE
Senior Vice President of Learning Services
COMPENSATION
₹3M
AGE
47
TENURE
1.8 yrs

Ajay Shah

TITLE
VP & Head of Recruitment Services
TENURE
1.8 yrs

Sudeep Sen

TITLE
Head of Sales Engineering & Industrial
AGE
40
Board of Directors Tenure

Average tenure and age of the TeamLease Services board of directors in years:

3.7
Average Tenure
55
Average Age
  • The tenure for the TeamLease Services board of directors is about average.
Board of Directors

Manish Sabharwal

TITLE
Co-Founder & Executive Chairman
COMPENSATION
₹9M
AGE
48
TENURE
3.6 yrs

Ashok Kumar Nedurumalli

TITLE
Co-Founder
COMPENSATION
₹10M
AGE
48
TENURE
3.6 yrs

Latika Pradhan

TITLE
Independent Non-Executive Woman Director
COMPENSATION
₹150K
AGE
63
TENURE
3.8 yrs

Narayan Ramachandran

TITLE
Non-Executive Independent Director
COMPENSATION
₹150K
AGE
55
TENURE
3.8 yrs

V. Raghunathan

TITLE
Non-Executive Independent Director
COMPENSATION
₹150K
AGE
64
TENURE
3.8 yrs

Zarir Batliwala

TITLE
Independent Director
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • TeamLease Services insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
22. Jun 18 Sell SONAL ARORA Individual 19. Jun 18 20. Jun 18 -550 ₹3,175.72 ₹-1,746,648
19. Jun 18 Sell SONAL ARORA Individual 14. Jun 18 18. Jun 18 -750 ₹3,097.69 ₹-2,323,267
08. Jun 18 Sell SONAL ARORA Individual 04. Jun 18 06. Jun 18 -200 ₹2,850.00 ₹-570,000
08. Jun 18 Sell SONAL ARORA Individual 04. May 18 15. May 18 -300 ₹3,069.94 ₹-920,983
27. Apr 18 Sell SONAL ARORA Individual 05. Apr 18 26. Apr 18 -1,005 ₹2,817.02 ₹-2,831,102
14. Mar 19 Sell Sudeep Sen Individual 09. Jan 19 04. Feb 19 -675 ₹2,800.43 ₹-1,890,290
07. Mar 19 Sell Hari Krishna Individual 18. Feb 19 18. Feb 19 -300 ₹3,000.00 ₹-900,000
07. Mar 19 Buy Hari Krishna Individual 28. Feb 19 01. Mar 19 290 ₹2,920.59 ₹846,970
27. Apr 18 Sell Samarjit Chakravorty Individual 25. Apr 18 25. Apr 18 -650 ₹2,504.23 ₹-1,627,747
26. Sep 18 Buy Narayan Ramachandran Individual 03. Sep 18 03. Sep 18 2,500 ₹2,550.00 ₹6,375,000
30. Aug 18 Sell K. Prakasan Individual 30. Jul 18 06. Aug 18 -245 ₹2,658.31 ₹-650,732
30. Aug 18 Buy K. Prakasan Individual 01. Aug 18 28. Aug 18 155 ₹2,686.65 ₹413,341
31. Aug 18 Sell Dhana Management Consultancy LLP Company 30. Aug 18 30. Aug 18 -10,000 ₹2,540.29 ₹-25,402,942
09. Aug 18 Buy C.C. Rajesh Individual 06. Aug 18 07. Aug 18 803 ₹2,617.94 ₹2,043,237
26. Jun 18 Sell Sumit Kumar Individual 15. Jun 18 15. Jun 18 -335 ₹3,051.08 ₹-1,022,112
22. Jun 18 Sell Padma Ramakrishnan Individual 18. Jun 18 18. Jun 18 -1,000 ₹3,280.00 ₹-3,280,000
19. Jun 18 Sell Sushobhan Baral Individual 11. Jun 18 12. Jun 18 -925 ₹2,881.85 ₹-2,665,712
08. Jun 18 Sell Hari Krishna Individual 07. Jun 18 07. Jun 18 -350 ₹2,800.00 ₹-980,000
08. Jun 18 Buy Hari Krishna Individual 06. Jun 18 06. Jun 18 350 ₹2,630.00 ₹920,500
08. Jun 18 Sell Hari Krishna Individual 06. Jun 18 06. Jun 18 -350 ₹2,750.00 ₹-962,500
08. Jun 18 Buy Hari Krishna Individual 06. Jun 18 06. Jun 18 350 ₹2,630.00 ₹920,500
05. Jun 18 Sell S. Anandi Individual 24. Apr 18 04. May 18 -223 ₹3,067.81 ₹-649,756
05. Jun 18 Buy S. Anandi Individual 27. Apr 18 04. Jun 18 222 ₹2,704.93 ₹594,342
05. Jun 18 Sell Sushobhan Baral Individual 28. May 18 01. Jun 18 -1,900 ₹2,716.85 ₹-5,162,011
09. May 18 Sell Sumit Kumar Individual 04. May 18 04. May 18 -350 ₹3,000.00 ₹-1,050,000
08. May 18 Sell Sharanabasappa Shirol Individual 25. Apr 18 25. Apr 18 -6,047 ₹2,695.85 ₹-16,301,817
04. May 18 Sell C.C. Rajesh Individual 24. Apr 18 24. Apr 18 -1,050 ₹2,380.10 ₹-2,499,100
26. Apr 18 Sell S. Raghavendra Individual 02. Apr 18 25. Apr 18 -620 ₹2,541.94 ₹-1,576,000
27. Apr 18 Sell Sumit Kumar Individual 25. Apr 18 25. Apr 18 -1,000 ₹2,805.03 ₹-2,805,032
X
Management checks
We assess TeamLease Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TeamLease Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

539658 News

Simply Wall St News

Top BSE High Growth Stock

Extreme optimism for 539658, as market analysts projected an outstanding earnings growth rate of 29.49% for the stock, supported by a double-digit sales growth of 47.70%. … Driven by the positive double-digit sales growth of 39.67% over the next few years, 540025 is expected to deliver an excellent earnings growth of 29.52%. … Extreme optimism for 531761, as market analysts projected an outstanding earnings growth rate of 55.11% for the stock, supported by an equally strong sales growth of 83.04%.

Simply Wall St -

High Growth Stocks To Profit From

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Simply Wall St -

539658 Company Info

Description

TeamLease Services Limited provides human resource services to various industries in India. The company offers temporary staffing, permanent recruitment, payroll process outsourcing, regulatory compliance, and vocational training/education and assessment services, as well as digital workforce solutions; and apprenticeship program and property leasing services. It provides its solutions primarily to telecom, manufacturing, retail, healthcare, and banking sectors. The company was founded in 2002 and is based in Bengaluru, India.

Details
Name: TeamLease Services Limited
539658
Exchange: BSE
Founded: 2002
₹49,969,581,594
17,096,769
Website: http://www.teamlease.com
Address: TeamLease Services Limited
BMTC Commercial Complex,
6th Floor,
Bengaluru,
Karnataka, 560095,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 539658 Equity Shares Mumbai Stock Exchange IN INR 12. Feb 2016
NSEI TEAMLEASE Equity Shares National Stock Exchange of India IN INR 12. Feb 2016
Number of employees
Current staff
Staff numbers
0
TeamLease Services employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 13:01
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/04/10
Last earnings filing: 2019/01/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.