TeamLease: Investor Presentation on Financial Results on Q1FY27

July 29, 2026 To To Listing Department Listing Department BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot no. C/1, G Block, Mumbai - 400 001 Bandra Kurla Complex, Bandra(E), Mumbai - 400 051 Scrip Code: 539658 Scrip Code: TEAMLEASE Dear Sir/Ma’am, Sub: TeamLease Services Limited (TeamLease/the Company) - Investor Presentation on Financial Results for Q1’FY27 Ref: Regulation 30 and Regulation 46 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015 In compliance with the provisions of Regulation 30 of the SEBI LODR Regulations, 2015, please find enclosed ‘Investor Presentation’ of the Company, towards Financial Results for Q1’FY27. Further, in compliance with the provisions of Regulation 46 of the SEBI LODR Regulations, 2015, we shall upload the above on our Company’s website https://group.teamlease.com/investor/investor- presentation/ for information of our Shareholders/Public. This is in furtherance of our intimation dated July 22, 2026, pertaining to Conference Call with Investors on Q1’FY27 Results. Kindly take the above said information on record as per the requirement of SEBI LODR Regulations, 2015. Thanking You. Yours faithfully, For TeamLease Services Limited Alaka Chanda Company Secretary and Compliance Officer Encl: As above TeamLease Services Limited, CIN: L74140KA2000PLC118395 Registered Office: Infinix Square, B-4, B-5, B-6, HAL Industrial Estate, HAL GB Quarters, Vibhutipura, Bengaluru, Karnataka – 560037 Ph: (91-80) 6824 3333 Fax: (91-80) 6824 3001 Email ID: corporateaffairs@teamlease.com Website: https://group.teamlease.com Business Portal: https://www.teamlease.com TEAMLEASE SERVICES LIMITED Investor Update Q1FY27 BSE: 539658 | NSE: TEAMLEASE | ISIN: INE985S01024 https://group.teamlease.com | Wednesday , July 29, 2026 https://group.teamlease.com © TeamLease Services Limited | Company Private & Confidential Contents Quarter at a Glance Q1FY27 headline performance & updates Industry Context Formalization, Labour Codes, GCC growth, Financial Performance P&L, key metrics Segment & Operational Performance General Staffing, Specialised Staffing, Other HR Services Company Overview & Governance Profile, board, shareholding © TeamLease Services Limited | Company Private & Confidential https://group.teamlease.com Q1FY27: Headline Performance Consolidated figures, ₹ Cr except margins & per-share data | Quarter ended 30 June 2026 ₹3,056 Cr ₹32Cr 1.05% ₹36Cr ₹34 Cr ₹21 Total Revenue EBITDA EBITDA Margin PBT PAT EPS +6% YoY, 4% QoQ +3% YoY, -31% QoQ -3bps YoY, -52 bps QoQ +38% YoY, -30% QoQ +38% YoY, -25% QoQ +31% YoY, -21% QoQ Business call outs Capital & Balance Sheet Position • Completed a ₹238 Cr buyback (14.87 lakh shares at • Business EBITDA grew 18% YoY, mainly backed by specialised ₹1,600/share) in July 2026 staffing and operational efficiency • Net free cash of ₹350 Cr as of quarter-end, aided by a ₹38 Cr • Staffing continues to get impacted by BFSI headwinds and income-tax refund including interest of Rs.8.2cr softer hiring trend • TDS receivable outstanding of ~₹145 Cr; DSO in staffing at 6 • Regtech business has turned positive and will start making days, funding exposure 16% meaningful contribution to the bottomline • Divestment of 30% stake in Crystal HR on account of portfolio rationalisation. © TeamLease Services Limited | Company Private & Confidential hhttttppss::////ggrroouupp..tteeaammlleeaassee..ccoomm Industry Context Why the demand environment matters as much as the quarter's numbers © TeamLease Services Limited | Company Private & Confidential Regulatory Watch: The Four Labour Codes The most consequential regulatory shift for organized staffing in a generation 21 Nov 2025 8 May 2026 State rules Ongoing All four Labour Codes (Wages, Ministry of Labour & Employment Vary by state , some finalized, Employers restructuring CTC to the Industrial Relations, Social Security, notifies the Central Rules under all others still in draft; labour remains a new uniform wage definition; single OSH) notified as law, replacing 29 four Codes concurrent subject central OSH licence for staffing firms earlier central statutes replaces state-by-state registration Reading it both ways Structural positive: a single central licence, uniform wage definitions, and mandatory formal appointment letters raise the compliance bar in a way that favours large, organized players like TeamLease over unorganized contractors, the core "formalization" thesis for the sector. Near-term cost/complexity: the 50%-of-CTC wage definition raises PF/gratuity cost per associate and requires payroll-system and contract rework across the client base; a real, if temporary, cost and change-management burden this year. Source: Ministry of Labour & Employment notifications; DLA Piper GENIE legal alerts, May 2026. © TeamLease Services Limited | Company Private & Confidential https://group.teamlease.com Growth Vector: Global Capability Centres GCCs are now the single largest driver of incremental staffing demand in India What this means for TeamLease's portfolio • Specialised Staffing revenue grew 21% YoY in Q1FY27 with EBITDA margin held at ~6%; the segment best positioned to capture GCC and technical-role demand. • Degree Apprenticeship: driven by increasing enterprise demand for Apprentices directly on-trend with the industry's GCC skew. of specialised staffing revenue • RegTech's growing Digital and Services demand caters to the compliance requirements originated from GCCs that come with GCC and Apprentices linked hiring. • Watch-item: GCC linked demand is more discretionary to global technology capex cycles than blue-collar general staffing , a slowdown in global IT/tech spend is the main risk to this vector. YoY employment growth in specialised staffing, Q1FY27 outpacing general staffing © TeamLease Services Limited | Company Private & Confidential https://group.teamlease.com Financial Performance P&L, margin walk, and per-share value creation © TeamLease Services Limited | Company Private & Confidential Consolidated Financial Performance All Numbers are in ₹ Crores except for margins Particulars Q1FY27 Q4FY26 QoQ Q1FY26 YoY Headcount 341,330 340,600 0% 351,000 -3% Total Revenue 3,056 2,949 4% 2,882 6% Operating Revenue 3,035 2,925 4% 2,869 6% EBITDA 32 46 -31% 31 3% EBITDA margin 1.0% 1.6% 1.1% PBT 36 52 -30% 26 38% PBT margin 1.2% 1.8% 0.9% Profit after Tax 34 46 -25% 25 38% PAT margin 1.1% 1.6% 0.9% EPS - Rs. 21 26 16 © TeamLease Services Limited | Company Private & Confidential https://group.teamlease.com Consolidated Segment Results All ]Numbers are in ₹ Crores except for margins Particulars Q1FY27 Q4FY26 QoQ Q1FY26 YoY Revenue: General Staffing and Allied Services 2,797 2,671 5% 2,669 5% Specialised Staffing Services 188 177 6% 155 21% Other HR Services 50 77 -34% 45 12% Total Income from Operations 3,035 2,925 4% 2,869 6% EBITDA: General Staffing and Allied Services 29 30 -5% 28 3% Specialised Staffing Services 12 13 -10% 11 5% Other HR Services (2) 13 (7) Total operating EBITDA 38 56 -32% 32 18% Unallocated (6) (10) (1) Total group EBITDA 32 46 -31% 31 3% Operating EBITDA Margin 1.3% 1.9% 1.1% General Staffing and Allied Services 1.0% 1.1% 1.0% Specialised Staffing Services 6.2% 7.3% 7.2% Other HR Services -4.7% 16.5% -15.3% © TeamLease Services Limited | Company Private & Confidential https://group.teamlease.com Other HR All Numbers are in ₹ Crores © TeamLease Services Limited | Company Private & Confidential https://group.teamlease.com Client & Hiring Momentum The demand-side signals behind the headline numbers 127 30% 4,000+ 20k Temping PR of gross associate hires were New logos added, Q1FY27 Employers served across the group 75k gross hiring in Q1FY27 first-time job seekers ● General Staffing added 28 new logos in the quarter, with over 65% onboarded under the variable-engagement model; a risk-s [Showing first 8,000 characters — download PDF for full document]