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TeamLease Services ‘s Q4 Update: Profit Grows by 15.43% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 19.96 % in the past year, decrease in net sales/revenue by -0.55 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 20.2 %. Marginal decrease of -32.74% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for TeamLease Services Limited. Notable increase of 15.42 % in net profit Year to Year, TeamLease Services Limited’s profitability dropped by -9.6 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 17.07 % Year to Year. EPS decreased by -11.36 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of TeamLease Services Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2027.274 Cr Rs. 2445.36 Cr Rs. 2431.968 Cr -0.55 % + 19.96 %
Expenses Rs. 1993.6 Cr Rs. 2409.3 Cr Rs. 2395.32 Cr -0.58 % + 20.15 %
Operating Profit Rs. 33.67 Cr Rs. 36.06 Cr Rs. 36.65 Cr + 1.64 % + 8.85 %
OPM % 1.66 % 1.47 % 1.51 % + 0.04 % -0.15 %
Other Income Rs. 7.566 Cr Rs. 13.52 Cr Rs. 9.094 Cr -32.74 % + 20.2 %
Interest Rs. 2.12 Cr Rs. 3.08 Cr Rs. 2.62 Cr -14.94 % + 23.58 %
Depreciation Rs. 12.77 Cr Rs. 13.56 Cr Rs. 13.56 Cr + 0 % + 6.19 %
Profit before tax Rs. 26.35 Cr Rs. 32.94 Cr Rs. 29.56 Cr -10.26 % + 12.18 %
Tax % 7.51 % 5.53 % 4.84 % -0.69 % -2.67 %
Net Profit Rs. 24.37 Cr Rs. 31.12 Cr Rs. 28.13 Cr -9.61 % + 15.43 %
EPS in Rs Rs. 14 Rs. 18.49 Rs. 16.39 -11.36 % + 17.07 %


Today, we’re looking at TeamLease Services Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.96 %. However, it did see a marginal slip of -0.55 % from the previous quarter. Expenses decreased slightly by -0.58 % quarter-on-quarter, aligning with the annual rise of 20.15 %. Operating profit, while up 8.85 % compared to last year, faced a quarter-on-quarter increase of 1.64 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.15 %, but an expansion of 0.04 % sequentially. Other income fell by -32.74 % compared to the last quarter, despite an annual growth of 20.2 %. Interest expenses dropped significantly by -14.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.58 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.19 %. Profit before tax grew annually by 12.18 % but saw a reduction from the preceding quarter by -10.26 %.
Tax expenses as a percentage of profits decreased slightly by -2.67 % compared to last year, with a more notable quarter-on-quarter decrease of -0.69 %. Net profit rose by 15.43 % year-on-year but witnessed a -9.61 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17.07 % but a quarterly fall of -11.36 %. In summary, TeamLease Services Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2027.274 Cr Rs. 2445.36 Cr Rs. 2431.968 Cr -0.55 % + 19.96 %
Expenses Rs. 1993.6 Cr Rs. 2409.3 Cr Rs. 2395.32 Cr -0.58 % + 20.15 %
Operating Profit Rs. 33.67 Cr Rs. 36.06 Cr Rs. 36.65 Cr + 1.64 % + 8.85 %
Net Profit Rs. 24.37 Cr Rs. 31.12 Cr Rs. 28.13 Cr -9.61 % + 15.43 %
EPS in Rs Rs. 14 Rs. 18.49 Rs. 16.39 -11.36 % + 17.07 %


In reviewing TeamLease Services Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.96 % year-on-year growth, although there was a slight dip of -0.55 % from the previous quarter. Expenses rose by 20.15 % compared to the previous year, with a decrease of -0.58 % quarter-on-quarter. Operating Profit surged by 8.85 % annually, and saw a 1.64 % increase from the last quarter.
Net Profit showed yearly increase of 15.43 %, and experienced a -9.61 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 17.07 % annually, however dipped by -11.36 % compared to the last quarter. In essence, while TeamLease Services Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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