Teamlease Services Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 16.77 Cr
- Company Age 25 Year, 1 Day
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 348.01 Cr
- Satisfied Charges ₹ 70.25 Cr
- Revenue Growth 22.15%
- Profit Growth 332.05%
- Ebitda -10.22%
- Net Worth 14.58%
- Total Assets 15.74%
About Teamlease Services
Teamlease Services Limited (TSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 February 2000 and has a history of 25 years. Its registered office is in Bangalore, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539658.
The Corporate was formerly known as India Life Chakravarti Actuarial Services Pvt Ltd. The Company is engaged in the Business Outsourcing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 16.77 Cr.
The company currently has active open charges totaling ₹348.01 Cr. The company has closed loans amounting to ₹70.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Teamlease Services Limited India are Ramani Dathi as CFO and Alaka Chanda as Company Secretary. Ashok Nedurumalli, Viswanathan Raghunathan, Manish Sabharwal, and Seven other members serve as directors at the Company.
Company Details
-
Location
Bangalore, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
-
Apps
Corporate Identity Details
-
CIN/LLPIN
L74140KA2000PLC118395
-
Company No.
118395
-
Stock Symbol
BSE : 539658
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
02 Feb 2000
-
Date of AGM
15 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Listed
-
ROC Code
Roc Bangalore
Industry
What products or services does Teamlease Services Limited offer?
Teamlease Services Limited offers a wide range of products and services, including Actuarial & Risk Management, Risk Management Services, Job Consultation Service, Recruitment Service, Contract Employment & Staffing Firms, Staffing Service, HR Outsourcing, Manpower Outsourcing, Labor Service, Semi Skilled Manpower Supply Services.
Who are the key members and board of directors at Teamlease Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Nedurumalli
|
Managing Director | 03-Sep-2015 | Current |
| Ramani Dathi | CFO | 24-Mar-2021 | Current |
|
Alaka Chanda
|
Company Secretary | 30-Oct-2018 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Subramaniam Somasundaram
|
Director | 28-Jul-2021 | Current |
|
Narayan Ramachandran
|
Director | 09-Jul-2015 | Current |
Meenakshi Nevatia
|
Director | 28-Jul-2021 | Current |
|
Viswanathan Raghunathan
|
Director | 09-Jul-2015 | Current |
|
Manish Sabharwal
|
Whole-Time Director | 02-Feb-2000 | Current |
|
Rajnarayan Ramakrishnan
|
Director | Current |
Financial Performance of Teamlease Services.
Teamlease Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.15% increase. The company also saw a substantial improvement in profitability, with a 332.05% increase in profit. The company's net worth Soared by an impressive increase of 14.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Teamlease Services?
In 2022, Teamlease Services had a promoter holding of 31.51% and a public holding of 68.48%. The company had 7 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Udhyam Financial Services Private LimitedMekin Maheshwari is a mutual person
-
Pfizer LimitedMeenakshi Nevatia is a mutual person
-
Mafatlal Industries LimitedLatika Pradhan is a mutual person
-
Khan Academy IndiaMekin Maheshwari is a mutual person
-
Tvs Capital Funds Private LimitedNarayan Ramachandran is a mutual person
-
Atul Bioscience LimitedLatika Pradhan is a mutual person
Charges (Loans)
₹348.01 Cr
₹70.25 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 270.00 Cr
- Others : 35.00 Cr
- State Bank Of India : 25.01 Cr
- Axis Bank Limited : 18.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Hdfc Bank Limited | ₹150.00 Cr | Open |
| 08 Jul 2021 | State Bank Of India | ₹25.00 Cr | Open |
| 05 Feb 2021 | Axis Bank Limited | ₹18.00 Cr | Open |
| 23 Sep 2019 | Others | ₹35.00 Cr | Open |
| 24 Aug 2017 | State Bank Of India | ₹0.09 M | Open |
How Many Employees Work at Teamlease Services?
Teamlease Services has a workforce of 244893 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Teamlease Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Teamlease Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
