Quess Corp Ltd

Quess Corp Ltd

₹ 644 0.56%
22 Nov - close price
About

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]

Key Points

Overview[1]
Quess is a top 50 Global staffing company and amongst top 3 in India. The company provides HR Services having 61000+ HC and Business Services having 384,000+ HC in FY23. The company provides a host of technology enabled staffing and managed outsourcing services across processes such as sales & marketing, customer care, after sales service, back office operations, manufacturing operations, facilities and security management, HR & F&A operations, IT & mobility services, etc.[2]

Company has divided its operations in the three segments:
a) Workforce Management (WFM)
b) Operating Asset Management (OAM) and
c) Global Technology Solutions.
d) Product Led Business (PLB)

  • Market Cap 9,576 Cr.
  • Current Price 644
  • High / Low 875 / 460
  • Stock P/E 19.5
  • Book Value 191
  • Dividend Yield 1.55 %
  • 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

  • Stock is trading at 3.38 times its book value
  • 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
2,274 2,637 2,723 2,832 3,031 3,540 3,547 3,719 3,851 3,959 4,042 4,212 4,382
2,272 2,580 2,648 2,765 2,990 3,435 3,443 3,601 3,738 3,838 3,913 4,089 4,252
Operating Profit 2 57 75 68 40 105 105 118 113 121 129 123 130
OPM % 0% 2% 3% 2% 1% 3% 3% 3% 3% 3% 3% 3% 3%
-18 73 17 3 3 54 15 18 30 31 31 27 87
Interest 12 12 11 11 13 24 25 23 24 23 21 24 22
Depreciation 10 14 14 13 14 46 50 46 47 47 46 48 48
Profit before tax -39 104 67 46 17 89 44 68 73 83 93 79 147
Tax % -7% 17% 21% -2% -23% 9% 40% 11% -6% -22% -12% -9% -3%
-36 87 53 47 21 81 26 60 77 101 104 86 152
EPS in Rs -2.46 5.85 3.57 3.19 1.39 5.46 1.77 4.07 5.19 6.83 7.00 5.76 10.20
Raw PDF

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 16,595
601 605 2,240 2,775 3,254 4,167 5,364 7,397 7,286 9,519 13,202 15,088 16,091
Operating Profit 17 11 133 144 188 244 331 343 198 239 436 483 504
OPM % 3% 2% 6% 5% 5% 6% 6% 4% 3% 2% 3% 3% 3%
2 1 5 10 16 42 34 -488 -111 37 71 111 176
Interest 11 5 22 27 39 47 65 97 64 48 89 93 90
Depreciation 1 1 17 15 22 35 45 66 53 48 178 185 189
Profit before tax 7 6 100 111 144 204 254 -307 -30 181 239 316 401
Tax % 29% 32% 37% 29% 34% -27% 8% 10% 236% 20% 13% -8%
5 4 63 79 95 259 234 -337 -100 145 208 343 443
EPS in Rs 4.09 2.13 24.28 6.93 7.48 17.82 16.02 -22.84 -6.76 9.79 14.02 23.10 29.79
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: 13%
Compounded Profit Growth
10 Years: 58%
5 Years: 10%
3 Years: 54%
TTM: 99%
Stock Price CAGR
10 Years: %
5 Years: 5%
3 Years: -10%
1 Year: 30%
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%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
51.78% 51.87% 51.84% 51.81% 51.90% 56.75% 56.69% 56.66% 56.65% 56.64% 56.64% 56.60%
22.23% 21.45% 22.00% 21.93% 21.78% 17.92% 17.04% 16.93% 16.30% 15.30% 15.93% 15.81%
13.01% 11.67% 10.65% 9.36% 8.04% 6.56% 7.33% 10.18% 10.66% 10.78% 10.95% 10.96%
12.98% 15.01% 15.52% 16.91% 18.29% 18.77% 18.94% 16.22% 16.40% 17.30% 16.48% 16.62%
No. of Shareholders 64,69770,78668,45870,95578,91681,23381,87485,06784,74788,92583,69993,204

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls