Quess Corp Ltd
Quess Corp Limited (Quess) is India’s leading business services provider, leveraging its extensive domain knowledge and future-ready
digital platforms to drive client productivity through outsourced solutions.[1]
- Market Cap ₹ 5,362 Cr.
- Current Price ₹ 360
- High / Low ₹ 428 / 255
- Stock P/E 11.4
- Book Value ₹ 191
- Dividend Yield 2.78 %
- ROCE 13.9 %
- ROE 15.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 47.1%
- Company's median sales growth is 28.1% of last 10 years
Cons
- Tax rate seems low
- Company has a low return on equity of 11.7% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Diversified Industry: Diversified - Large
Part of Nifty 500 Multicap 50:25:25
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Dec 2013 9m | Mar 2015 15m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
618 | 616 | 2,373 | 2,918 | 3,443 | 4,411 | 5,695 | 7,740 | 7,483 | 9,758 | 13,638 | 15,571 | 17,343 | |
601 | 605 | 2,240 | 2,775 | 3,254 | 4,167 | 5,364 | 7,397 | 7,286 | 9,519 | 13,202 | 15,088 | 16,828 | |
Operating Profit | 17 | 11 | 133 | 144 | 188 | 244 | 331 | 343 | 198 | 239 | 436 | 483 | 515 |
OPM % | 3% | 2% | 6% | 5% | 5% | 6% | 6% | 4% | 3% | 2% | 3% | 3% | 3% |
2 | 1 | 5 | 10 | 16 | 42 | 34 | -488 | -111 | 37 | 71 | 111 | 173 | |
Interest | 11 | 5 | 22 | 27 | 39 | 47 | 65 | 97 | 64 | 48 | 89 | 93 | 88 |
Depreciation | 1 | 1 | 17 | 15 | 22 | 35 | 45 | 66 | 53 | 48 | 178 | 185 | 188 |
Profit before tax | 7 | 6 | 100 | 111 | 144 | 204 | 254 | -307 | -30 | 181 | 239 | 316 | 412 |
Tax % | 29% | 32% | 37% | 29% | 34% | -27% | 8% | 10% | 236% | 20% | 13% | -8% | |
5 | 4 | 63 | 79 | 95 | 259 | 234 | -337 | -100 | 145 | 208 | 343 | 441 | |
EPS in Rs | 4.09 | 2.13 | 24.28 | 6.93 | 7.48 | 17.82 | 16.02 | -22.84 | -6.76 | 9.79 | 14.03 | 23.09 | 29.66 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -104% | 41% | 57% | 43% |
Compounded Sales Growth | |
---|---|
10 Years: | 38% |
5 Years: | 22% |
3 Years: | 28% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | 58% |
5 Years: | 10% |
3 Years: | 54% |
TTM: | 41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 3% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 9% |
3 Years: | 12% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 19 | 26 | 113 | 127 | 145 | 146 | 148 | 148 | 148 | 148 | 149 | 149 |
Reserves | 28 | 64 | 235 | 220 | 1,131 | 2,216 | 2,475 | 2,171 | 2,077 | 2,061 | 2,248 | 2,540 | 2,688 |
74 | 108 | 168 | 263 | 535 | 728 | 570 | 925 | 375 | 527 | 835 | 682 | 521 | |
108 | 97 | 200 | 365 | 403 | 503 | 579 | 636 | 663 | 1,203 | 1,778 | 1,966 | 2,143 | |
Total Liabilities | 221 | 287 | 629 | 961 | 2,196 | 3,592 | 3,770 | 3,879 | 3,263 | 3,938 | 5,009 | 5,337 | 5,502 |
1 | 2 | 107 | 103 | 754 | 782 | 763 | 459 | 412 | 440 | 924 | 891 | 852 | |
CWIP | 0 | 0 | 0 | 1 | 9 | 2 | 5 | 0 | 7 | 1 | 1 | 2 | 0 |
Investments | 38 | 106 | 5 | 17 | 190 | 799 | 725 | 1,204 | 1,114 | 1,289 | 1,010 | 1,024 | 1,013 |
182 | 179 | 518 | 840 | 1,243 | 2,009 | 2,277 | 2,216 | 1,729 | 2,208 | 3,074 | 3,420 | 3,637 | |
Total Assets | 221 | 287 | 629 | 961 | 2,196 | 3,592 | 3,770 | 3,879 | 3,263 | 3,938 | 5,009 | 5,337 | 5,502 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-16 | 5 | 3 | -13 | 50 | 83 | 113 | 140 | 255 | 200 | 345 | 388 | |
-0 | -58 | -68 | -38 | -515 | -892 | 36 | -319 | 72 | -144 | 19 | 150 | |
16 | 66 | 83 | 70 | 607 | 995 | -221 | 230 | -615 | -64 | -382 | -433 | |
Net Cash Flow | -0 | 12 | 18 | 19 | 142 | 185 | -71 | 51 | -288 | -9 | -18 | 105 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 27 | 33 | 41 | 32 | 45 | 34 | 22 | 55 | 56 | 52 | 51 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 49 | 27 | 33 | 41 | 32 | 45 | 34 | 22 | 55 | 56 | 52 | 51 |
Working Capital Days | 19 | 8 | 30 | 36 | 34 | 54 | 44 | 29 | 34 | 22 | 16 | 15 |
ROCE % | 19% | 8% | 39% | 27% | 15% | 10% | 10% | 10% | 6% | 12% | 11% | 14% |
Documents
Announcements
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Grant Of Rsus
2d - Grant of 3,13,037 RSUs to 51 employees post-demerger under Quess Stock Ownership Plan 2020.
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Allotment Of Shares By Digitide Solutions Limited (Resulting Company 1) And Bluspring Enterprises Limited (Resulting Company 2) Pursuant To The Composite Scheme Of Arrangement Between Quess Corp Limited ), Resulting Company 1 And Resulting Company 2.
2d - Allotment of 14.89 crore shares post demerger; listing applications to follow.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate As per Regulation Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.
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Apportionment Of Cost Of Acquisition Of Equity Shares Of Quess Corp Limited ('Quess' Or The 'Demerged Company') And Digitide Solutions Limited ('Digitide' Or The 'Resulting Company 1') And Bluspring Enterprises Limited ('Bluspring' Or The 'Resulting Company 2')
14 Apr - Apportionment of cost of acquisition post-demerger.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Apr - Newspaper Advertisement for fixing the Record date for allotment of shares by Digitide Solutions Limited (Resulting Company 1) and Bluspring Enterprises Limited (Resulting Company 2)
Annual reports
Concalls
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Business Segments
1) Workforce Management (72% in H1 FY25 vs 67% in FY22): [1] [2] The company offers General Staffing, IT Staffing, RPO, MSP, and Permanent Recruitment services. It operates 73 offices in India and 23 across APAC, ME, North America, and Canada. [3] It is the leading staffing player in India and amongst the top 5 Staffing companies globally by headcount, serving 3,000+ clients. [4]