| TeamLease Services Ltd. | ||||||||||||||||||||
|
Objectives :
1.Funding existing and incremental working capital requirements of our Company
2. Acquisitions and other strategic initiatives
3. Upgradation of the existing IT infrastructure
4. General corporate purposes
Business Description :
Incorporated in 2002, TeamLease Services is Mumbai India based human resource services and people supply-chain Company offering services to various small and large business clients. TeamLease offers employment and employability services.
TeamLease employment services include temporary staffing, permanent recruitment and regulatory consultancy for labor law compliance.
TeamLease employability offerings include different types of learning and training solutions, including retail learning solutions, institutional learning solutions and enterprise learning solutions.
TeamLease has over 1 lakh associate employees as of Nov 2015. Company has 8 regional offices and over 1000 full time employees.
Company Financials:
| Particulars | For the year/period ended (in Rs. Million) | ||||
| 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | 31-Mar-11 | |
| Total Liabilities | 3,505.18 | 2,432.83 | 2,242.29 | 1,968.99 | 965.45 |
| Total Assets | 3,505.18 | 2,432.83 | 2,242.29 | 1,968.99 | 965.45 |
| Total Income | 20,184.60 | 15,375.25 | 12,616.91 | 9,340.89 | 6,983.24 |
| Profit After Tax (PAT) | 296.90 | 178.57 | (37.00) | (164.97) | (394.87) |
Company Promoters:
The promoters of the company are Manish Mahendra Sabharwal, Ashok Kumar Nedurumalli, Mohitkaran Virendra Gupta, HR Offshoring Ventures Pte. Ltd, MKS Management Consultancy Services LLP, NED Consultants LLP and Dhana Management Consultancy LLP.