{"id":93958,"date":"2026-05-21T13:06:22","date_gmt":"2026-05-21T07:36:22","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=93958"},"modified":"2026-05-21T13:06:23","modified_gmt":"2026-05-21T07:36:23","slug":"teamlease-services-buyback-rs-238-crore-q4-fy26-results","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/teamlease-services-buyback-rs-238-crore-q4-fy26-results\/","title":{"rendered":"TeamLease Will Buy Back Rs 238 Crore Worth of Shares at Rs 1,600: Profit Up 26% in Q4 FY26"},"content":{"rendered":"<p><strong>TeamLease Services<\/strong> announced on 20 May 2026 that its board has approved a buyback of up to 14.87 lakh equity shares at Rs 1,600 per share, totalling Rs 238 crore, through the tender offer route. The buyback price of Rs 1,600 represents a 15.37 percent premium over the NSE closing price and a 15.58 percent premium over the BSE closing price as of 8 May 2026. The announcement came alongside Q4 FY26 results that showed a 25.6 percent jump in net profit.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/teamlease-services-buyback-rs-238-crore-q4-fy26-results\/#TeamLease_Buyback_Key_Details\" title=\"TeamLease Buyback: Key Details\">TeamLease Buyback: Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/teamlease-services-buyback-rs-238-crore-q4-fy26-results\/#TeamLease_Q4_FY26_Results\" title=\"TeamLease Q4 FY26 Results\">TeamLease Q4 FY26 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/teamlease-services-buyback-rs-238-crore-q4-fy26-results\/#What_the_Buyback_Means_for_Investors\" title=\"What the Buyback Means for Investors\">What the Buyback Means for Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/teamlease-services-buyback-rs-238-crore-q4-fy26-results\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/teamlease-services-buyback-rs-238-crore-q4-fy26-results\/#FAQs_on_TeamLease_Buyback\" title=\"FAQs on TeamLease Buyback\">FAQs on TeamLease Buyback<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/teamlease-services-buyback-rs-238-crore-q4-fy26-results\/#What_is_the_TeamLease_buyback_price_and_size\" title=\"What is the TeamLease buyback price and size?\">What is the TeamLease buyback price and size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/teamlease-services-buyback-rs-238-crore-q4-fy26-results\/#What_was_TeamLease_Q4_FY26_profit\" title=\"What was TeamLease Q4 FY26 profit?\">What was TeamLease Q4 FY26 profit?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TeamLease_Buyback_Key_Details\"><\/span><strong>TeamLease Buyback: Key Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><ul class=\"wp-block-list\"><li><strong>Buyback Size: <\/strong>Rs 238 crore<\/li>\n\n<li><strong>Buyback Price: <\/strong>Rs 1,600 per share (fixed)<\/li>\n\n<li><strong>Number of Shares: <\/strong>14,87,500 equity shares<\/li>\n\n<li><strong>% of Paid-up Capital: <\/strong>8.87% of total paid-up equity capital as of 31 March 2026<\/li>\n\n<li><strong>Route: <\/strong>Tender offer route<\/li>\n\n<li><strong>Premium to NSE Price: <\/strong>15.37% over 8 May 2026 NSE closing price<\/li>\n\n<li><strong>Funding: <\/strong>Entirely from existing free cash balances<\/li>\n\n<li><strong>Approvals Required: <\/strong>Shareholder approval via special resolution + statutory approvals<\/li>\n\n<li><strong>Buyback Manager: <\/strong>Nuvama Wealth Management Limited<\/li>\n\n<li><strong>Promoter Holding (15 May 2026): <\/strong>31.11%<\/li><\/ul><p>Track TeamLease share price and buyback timeline on the <a href=\"https:\/\/univest.in\/screeners\">Check the Univest Screener for live data<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TeamLease_Q4_FY26_Results\"><\/span><strong>TeamLease Q4 FY26 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><ul class=\"wp-block-list\"><li><strong>Q4 FY26 PAT: <\/strong>Rs 43.91 crore (+25.6% YoY from Rs 34.97 crore in Q4 FY25)<\/li>\n\n<li><strong>Q4 FY26 Revenue: <\/strong>Rs 2,924.87 crore (+2.34% YoY)<\/li>\n\n<li><strong>Q4 FY26 PBT: <\/strong>Rs 51.61 crore (+29.54% YoY from Rs 39.84 crore)<\/li>\n\n<li><strong>Q4 FY26 EBITDA: <\/strong>Rs 45.3 crore (-4% YoY from Rs 47.7 crore)<\/li>\n\n<li><strong>Q4 FY26 EBITDA Margin: <\/strong>1.55% (vs 1.7% in Q4 FY25)<\/li>\n\n<li><strong>FY26 Full Year PAT: <\/strong>Rs 147.1 crore (+33% YoY from Rs 110.5 crore in FY25)<\/li>\n\n<li><strong>FY26 Full Year Revenue: <\/strong>Rs 11,859 crore (+6% YoY from Rs 11,201 crore)<\/li>\n\n<li><strong>FY26 Full Year EBITDA: <\/strong>Rs 158 crore (+14% YoY)<\/li>\n\n<li><strong>FY26 Full Year PBT: <\/strong>Rs 155.9 crore (+36% YoY)<\/li>\n\n<li><strong>Net Free Cash: <\/strong>~Rs 600 crore (includes Rs 143.1 crore IT refund with Rs 13 crore interest)<\/li>\n\n<li><strong>Headcount Q4 FY26: <\/strong>3,40,600 (-2% YoY) but +6,000 net additions in the quarter<\/li>\n\n<li><strong>New Clients Q4: <\/strong>109 new enterprise clients added in March quarter<\/li><\/ul><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_the_Buyback_Means_for_Investors\"><\/span><strong>What the Buyback Means for Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>A tender offer buyback at Rs 1,600 is the clearest possible signal that TeamLease management believes the current share price is below fair value. The Rs 600 crore net free cash position &#8212; built partly from Rs 143.1 crore in income tax refunds received in FY26 &#8212; gives the company more than enough firepower to fund the Rs 238 crore buyback entirely from existing balances without touching working capital or debt. CEO Suparna Mitra described FY26 as a year of &#8216;disciplined execution,&#8217; with 14 percent full-year EBITDA growth and margin expansion across businesses.<\/p><p>For shareholders: in a tender offer buyback, eligible shareholders can tender their shares directly to the company at Rs 1,600 per share. The record date and tender offer timeline will be announced after shareholder approval through a special resolution. Retail investors (holding up to Rs 2 lakh of shares on the record date) typically receive a reserved quota and higher acceptance ratios. The EPFO-related legal proceedings (writ petitions in Karnataka and Gujarat High Courts against show cause notices totalling Rs 184.58 crore) remain an overhang that investors should monitor.<\/p><ul class=\"wp-block-list\"><li><strong>Key Risk: <\/strong>EPFO writ petition against Rs 184.58 crore claim in Karnataka High Court (filed 12 May 2026). A negative outcome could affect free cash.<\/li><\/ul><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or the <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get daily stock recommendations and insightful research pieces on Track TeamLease buyback record date and timeline on Univest!<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>TeamLease Services<\/strong> has backed a 26 percent Q4 profit growth with a Rs 238 crore buyback at Rs 1,600 per share &#8212; a 15.4 percent premium over recent market prices. With Rs 600 crore net free cash, 33 percent FY26 full-year PAT growth and 109 new enterprise clients in Q4, the buyback is funded from a position of financial strength. Watch for the shareholder meeting date and record date announcement. Track live on Univest. Consult a SEBI-registered advisor before tendering shares.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_TeamLease_Buyback\"><\/span><strong>FAQs on TeamLease Buyback<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_TeamLease_buyback_price_and_size\"><\/span><strong>What is the TeamLease buyback price and size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Ans. <\/strong>TeamLease Services has announced a buyback of Rs 238 crore at Rs 1,600 per share through the tender offer route. This covers 14,87,500 shares (8.87% of paid-up capital). The buyback price is a 15.37% premium over the NSE closing price on 8 May 2026.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_was_TeamLease_Q4_FY26_profit\"><\/span><strong>What was TeamLease Q4 FY26 profit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Ans. <\/strong>TeamLease Q4 FY26 PAT was Rs 43.91 crore (+25.6% YoY). FY26 full-year PAT was Rs 147.1 crore (+33% YoY). EBITDA for FY26 grew 14% to Rs 158 crore. Net free cash stands at approximately Rs 600 crore.<\/p><p><\/p>","protected":false},"excerpt":{"rendered":"<p>TeamLease Services announced on 20 May 2026 that its board has approved a buyback of up to 14.87 lakh equity shares at Rs 1,600 per share, totalling Rs 238 crore, through the tender offer route. The buyback price of Rs 1,600 represents a 15.37 percent premium over the NSE closing price and a 15.58 percent<\/p>\n","protected":false},"author":28,"featured_media":93966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802],"class_list":["post-93958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"metadata":{"_edit_lock":["1779348987:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"rank_math_seo_score":["66"],"rank_math_description":["TeamLease buyback: Rs 238 crore at Rs 1,600 per share (8.87% of paid-up capital) via tender offer. Q4 FY26 PAT Rs 43.91 crore (+26% YoY). FY26 PAT Rs 147.1 crore (+33%). 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