TEKsystems - About the company
TEKsystems is an unfunded company based in Hanover (United States), founded in 1983 by Martin Sanchez. It operates as a Provider of IT recruiting and staffing services. TEKsystems has not raised any funding yet. The company has 154590 active competitors, including 1012 funded and 7868 that have exited. Its top competitors include companies like IBM, UST and Virtusa.
Company Details
- Website
- www.teksystems.com/en/
- Registered Address
- CommerceMantri,Level3,No.12/1&12/2NSPalya,BannerghattaRoad, Bangalore, Bangalore, Karnataka, India, 560076
Key Metrics
Founded Year
1983
Location
Hanover, United States
Stage
Unfunded
Ranked
145th among 154590 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
29,413 as on Oct 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with TEKsystems
TEKsystems is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TEKSYSTEMS GLOBAL SERVICES PRIVATE LIMITED CIN: U45400TG2007PTC065862 , India, Active | Nov 23, 2007 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 1870 (As on Mar 31, 2024) | |
ALLEGIS SERVICES (INDIA) PRIVATE LIMITED CIN: U74140KA2005PTC035624 , India, Active | Feb 16, 2005 | ₹1,000+ Cr (As on Mar 31, 2025) | 6244 (As on Aug 01, 2025) |
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TEKsystems's funding and investors
TEKsystems has not raised any funding rounds yet.
TEKsystems' founders and board of directors
Founder? Claim ProfileThe founders of TEKsystems is Martin Sanchez.
Here are the details of TEKsystems' key team members:
- Martin Sanchez: AdelanTEK | Founder & Leader | National Employee Network of TEKsystems.
View details of TEKsystems's Founder profiles and Board Members
TEKsystems' employee count trend
TEKsystems has 29,413 employees as of Oct 26. Here is TEKsystems's employee count trend over the years:
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TEKsystems's Competitors and alternates
Top competitors of TEKsystems include IBM, UST and Virtusa. Here is the list of Top 10 competitors of TEKsystems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 78/100 | |
2nd | UST 1998, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
3rd | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 76/100 | |
4th | Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 74/100 | |
5th | Endava 2000, London (United Kingdom), Public | Provider of digital transformation services using artificial intelligence and automation | - | 74/100 | |
6th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 74/100 | |
7th | Consulting and implementations company | $23.9M | 73/100 | ||
8th | Provider of IT consulting, technology, and outsourcing services | - | 72/100 | ||
9th | GlobalLogic 2000, San Jose (United States), Acquired | Software product development company | $1.09B | 72/100 | |
10th | Persistent 1990, Pune (India), Public | Provider of digital engineering and enterprise modernization services | $19.8M | 72/100 | |
145th | TEKsystems 1983, Hanover (United States), Unfunded | Provider of IT recruiting and staffing services | - | - | 58/100 |
Looking for more details on TEKsystems's competitors? Click here to see the top ones
Financials of TEKsystemsFY 25 Available
TEKSYSTEMS GLOBAL SERVICES PRIVATE LIMITED, the legal entity associated with TEKsystems, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of TEKSYSTEMS GLOBAL SERVICES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 12% in the last 1 year.
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 4157 | 9370 | 1141 | 5540 | 5706 |
Total Sales | 6418 | 1370 | 2103 | 7596 | 2921 |
Total Expenses | 2873 | 5939 | 6161 | 5565 | 7501 |
Operating Expenses | 7748 | 5418 | 8179 | 5090 | 4308 |
Employee Expenses | 9680 | 8890 | 1600 | 4045 | 6495 |
Marketing Expenses | 5823 | 2927 | 2088 | 7034 | 9812 |
Operating Income (EBIT) | 3292 | 6445 | 3330 | 4367 | 8860 |
Interest Expenses | 2994 | 8560 | 4081 | 2033 | 6104 |
Expenses from other activities | 2316 | 2239 | 7491 | 1164 | 1390 |
Information Technology Expenses | 4964 | 8079 | 1620 | 2717 | 2209 |
EBITDA | 5852 | 8132 | 7754 | 7217 | 3045 |
Taxes | 3642 | 6146 | 9456 | 5250 | 5560 |
Net Profit | 9037 | 1754 | 7969 | 3118 | 5013 |
Balance Sheet | |||||
Assets | 6772 | 9484 | 5774 | 2459 | 2985 |
Cash Equivalent | 9360 | 1807 | 3655 | 9697 | 3772 |
Accounts Receivables | 1644 | 6127 | 6664 | 2804 | 3721 |
Inventory | 7303 | 2487 | 5510 | 8470 | 6677 |
Liabilities | 2500 | 9007 | 4091 | 4292 | 3506 |
Total Debt | 2413 | 8824 | 5021 | 5411 | 2828 |
Accounts Payable | 1837 | 1946 | 1871 | 6689 | 3487 |
Equities | 8136 | 5144 | 3792 | 4890 | 7702 |
Cashflow Statement | |||||
Cash from Operating activities | 5514 | 5718 | 2779 | 3575 | 7329 |
Cash from Investing activities | 3335 | 2982 | 4262 | 4918 | 5974 |
Net cash from Financing activities | 2126 | 1254 | 1948 | 2169 | 4177 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
TEKsystems's Investments and acquisitions
TEKsystems has acquired 2 companies including Frontline Consulting Services and Directfit. TEKsystems has not made any investments as of now.Reports related to TEKsystems
Here is the latest report on TEKsystems's sector:
News related to TEKsystems
Media has covered TEKsystems for 1 event in last 1 year.
•
TEKsystems Global Services Named 2026 Google Cloud Partner of the Year for North America (United States)Business Wire•Apr 22, 2026•TEKsystems
•
Director of Technology Modernization at TEKsystems Global Services Joins the BIZDEVOPS BlogDEVOPSdigest•Jun 09, 2025•TEKsystems
•
•
TEKsystems and Google Cloud Partner to Drive AI and Cloud TransformationTelecom Talk•Nov 04, 2024•TEKsystems, Google Cloud
•
Aston Carter sharpens focus, some business lines going to TEKsystemsStaffing Industry Analysts•Jan 05, 2024•Aston Carter, TEKsystems
•
TEKsystems Global Services Achieves Premier Tier Services Status within the AWS Partner NetworkBusiness Wire•Jun 21, 2023•TEKsystems
•
Twitter’s shadow workforce sues over Elon Musk’s mass layoffsThe Star Online•Apr 05, 2023•Twitter, TEKsystems, SpaceX
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•
TEKsystems Global Services Announces Strategic Collaboration Agreement with AWSBusiness Wire•Nov 18, 2022•TEKsystems, Amazon Web Services
•
Hitachi Vantara Federal Names Ryan Hinkle Director, Federal SalesBusiness Wire•Apr 12, 2022•Hitachi Vantara Federal, Dell, TEKsystems
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