TeamLease Services
- Private limited company: February 02, 2000
- Public limited company: May 15, 2015
- Listed on NSE and BSE: February 12, 2016
It is a one-stop provider of human resources services to various industries and diverse functional roles, offering staffing, payroll processing, recruitment, compliance and training services. TeamLease set in motion the larger company mission of ‘Putting India to Work’ by focusing on its vision of 3 E’s – Employment, Employability and Education.
Teamlease is a market leader in the highly fragmented temporary staffing industry with a 6% marketshare. Its extensive geographic reach, presence in multiple industries and functions, scale, ability to fill positions and sourcing capabilities reflect in its operational prowess which is a ket determinant of success in the industry.
Stock Price
- IPO listing date: 12/02/2016
- Stock price on 12/02/2016: Rs.1032/- per share
- Stock price on 25/10/2018: Rs.2433/- per share
TEAMLEASE STOCK PRICE FROM 12/02/16 to 25/10/18 (Source: Screener.in)
Temporary staffing has gained prominence in the world in last few years.
This segment constitutes about 2-4% of the total workforce in developed countries. World average is 1.6% vs India at 0.5%.
The industry growth rate is >20% year on year (YOY) favoured by GST, which has led to formalisation, GDP growth, scaling up of IT business.
Risks: Economic downturn, Top clients concentration ( Top 5 clients contribute 14% of the revenue, Top 10 clients contribute 20% of the revenue).
(Source : www.teamlease.com, www.screener.in)
DISCLAIMER : THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE
PERFORMANCE OF STOCK IN FUTURE.
