Teamlease Services Limited - Due diligence report

A 360° intelligence report on Teamlease Services: trust score, financial health, credit view, compliance, directors, growth and distress sig…

2000-02-02 Banglalore, Karnataka Active Listed Active Compliant
TS Teamlease Services Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Teamlease Services — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Teamlease Services is assessed as Low Risk with a Trust Score of 80/100. Teamlease Services is an active public limited indian non-government company incorporated in 2000, operating in the Business Outsourcing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Teamlease Services Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
78/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Profitable - internal accruals available.
  • Externally credit-rated (A).

Charges position: 6 open (308.01 cr) · 6 satisfied (70.25 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited5 48.0 cr
Others3 48.0 cr
State Bank Of India2 48.0 cr
Axis Bank Limited1 48.0 cr
Idbi Bank Limited1 48.0 cr
Compliance Score: 78/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
  • Delayed payments to MSME suppliers disclosed (62 disclosure(s)).
  • 14 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
MANISH MAHENDRA SABHARWAL 01234567 Director 01/04/2018 6 yrs Approved
RAMANI DATHI 01234567 Director 01/04/2018 6 yrs Approved
ALAKA CHANDA 01234567 Director 01/04/2018 6 yrs Approved
ALAKA CHANDA 01234567 Director 01/04/2018 6 yrs Approved
RAJNARAYAN RAMAKRISHNAN 01234567 Director 01/04/2018 6 yrs Approved
NARAYAN RAMACHANDRAN 01234567 Director 01/04/2018 6 yrs Approved
ASHOK KUMAR NEDURUMALLI 01234567 Director 01/04/2018 6 yrs Approved
SUBRAMANIAM SOMASUNDARAM 01234567 Director 01/04/2018 6 yrs Approved
MEKIN MAHESHWARI 01234567 Director 01/04/2018 6 yrs Approved
RAMANI DATHI 01234567 Director 01/04/2018 6 yrs Approved
MEENAKSHI NEVATIA 01234567 Director 01/04/2018 6 yrs Approved
  • 11 directors on the board.
  • RAJNARAYAN RAMAKRISHNAN has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
6
Group entities
7
Capital events
7 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Group entityRelationship% held
Teamlease Hrtech Private Limited Subsidiary Company 74.00%
Teamlease Digital Private Limited Subsidiary Company 74.00%
Teamlease Foundation Subsidiary Company 74.00%
Tsr Darashaw Hr Services Private Limited Subsidiary Company 74.00%
Teamlease Edtech Limited Subsidiary Company 74.00%
Teamlease Regtech Private Limited Subsidiary Company 74.00%
Crystal Hr And Security Solutions Private Limited Joint Ventures 74.00%

Key managerial personnel: MANISH MAHENDRA SABHARWAL (Whole-time director) · RAMANI DATHI (CFO) · ASHOK KUMAR NEDURUMALLI (Managing Director) · RAMANI DATHI (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 26+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
6 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 5.58 Lakh.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence82/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment70/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 6 open charge(s) of 308.01 cr already registered.
  • Compliance record supports lending.
Investor view86/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
19 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
27 Mar 2024
Charge satisfied
Hdfc Bank Limited
09 Jan 2024
Charge satisfied
Others
05 Jan 2024
Director ceased
RAJNARAYAN RAMAKRISHNAN
29 Dec 2023
Charge created
Hdfc Bank Limited - 150.00 cr
16 Dec 2023
Charge satisfied
Others
08 Nov 2023
Director appointed
RAJNARAYAN RAMAKRISHNAN (Director)
16 Sep 2022
Director ceased
RITUPARNA CHAKRABORTY
01 Jun 2022
Charge satisfied
Idbi Bank Limited
31 Mar 2022
Director ceased
MANISH MAHENDRA SABHARWAL
03 Sep 2021
Director ceased
SUBRAMANIAM SOMASUNDARAM
Director ceased
MEKIN MAHESHWARI
Director ceased
MEENAKSHI NEVATIA
28 Jul 2021
Director appointed
SUBRAMANIAM SOMASUNDARAM (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
11 active director(s) / partner(s); review board churn before relying on management continuity.
14 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
I.C.S Foods Private Limited U15122DL2007PTC167749 New Delhi, Delhi, India
Allsec L72300TN1998PLC041033 Chennai, Tamil Nadu, India
Chola Business Services Limited U72300TN2004PLC054887 Chennai City Corporation, Tamil Nadu, India
Kapston Facilities Management L15400TG2009PLC062658 Hyderabad, Telangana, India
Spectrum Talent Management L51100DL2012PLC235573 Delhi, Delhi, India
Innov U74900MH2016PTC273940 Mumbai, Maharashtra, India
Randstad U74210TN1992PTC023097 Chennai, Tamil Nadu, India
Quesscorp L74140KA2007PLC043909 Bangalore South, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Teamlease Services before audits and certifications: compliance score 78/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Teamlease Services: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Teamlease Services - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Teamlease Services pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Teamlease Services - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Teamlease Services an active company?

Teamlease Services has MCA status “Active” with a compliance score of 78/100 (Low Risk).

Is Teamlease Services financially healthy?

Teamlease Services has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.

Should I do business with Teamlease Services?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Teamlease Services?

Promoters hold the largest single block of equity - exact percentages are in the full report. 11 active director(s) are on record.

Does Teamlease Services have loans or charges against its assets?

6 open charge(s) are registered against its assets, and 6 earlier charge(s) stand satisfied.

Is Teamlease Services up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 78/100 (Low Risk).

Is it risky to lend to Teamlease Services?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.