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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

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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
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
29,413 as on Oct 31, 2026
Investment & Acquisitions
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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 Profile
The 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.

TEKsystems' employee count trend

TEKsystems has 29,413 employees as of Oct 26. Here is TEKsystems's employee count trend over the years:
Employee count trend for TEKsystems
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
78/100
2nd
Logo for UST
UST
1998, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
3rd
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
76/100
4th
Logo for Sutherland
Sutherland
1986, Pittsford (United States), Late Stage
Provider of business process and technology management services
$60M
74/100
5th
Logo for Endava
Endava
2000, London (United Kingdom), Public
Provider of digital transformation services using artificial intelligence and automation
-
74/100
6th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
74/100
7th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
73/100
8th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
72/100
9th
Logo for GlobalLogic
GlobalLogic
2000, San Jose (United States), Acquired
Software product development company
$1.09B
72/100
10th
Logo for Persistent
Persistent
1990, Pune (India), Public
Provider of digital engineering and enterprise modernization services
$19.8M
72/100
145th
Logo for TEKsystems
TEKsystems
1983, Hanover (United States), Unfunded
Provider of IT recruiting and staffing services
-
-
58/100
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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)

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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

lockFilter this list
Media has covered TEKsystems for 1 event in last 1 year.
•
Aston Carter sharpens focus, some business lines going to TEKsystemsStaffing Industry Analysts•Jan 05, 2024•Aston Carter, TEKsystems
•
TEKsystems names new presidentStaffing Industry Analysts•Dec 07, 2022•TEKsystems
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