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 ₹ 9,442 Cr.
- Current Price ₹ 635
- High / Low ₹ 875 / 460
- Stock P/E 19.1
- Book Value ₹ 191
- Dividend Yield 1.57 %
- 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 3.35 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.
Peer comparison
Sector: Diversified Industry: Diversified - Large
Part of BSE 400 MidSmallCap Index BSE 250 SmallCap Index BSE Services BSE 500 Nifty 500
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 | 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: | 2% |
3 Years: | -8% |
1 Year: | 23% |
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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Intimation Of Receipt Of The Income Tax Refund Order For The Assessment Year 2017-18
1d - Received Income Tax Refund Order of Rs. 20.74 crores.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Jan - Newspaper Advertisement under Regulation 47 of SEBI (LODR) Regulations, 2015
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - Confirmation of securities dematerialisation for Q4 2024.
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Intimation Of Receipt Of Income Tax Refund
3 Jan - Received Income Tax Refund of Rs. 124.80 Crores.
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Change In The Name Of Registrar And Share Transfer Agent Of The Company
2 Jan - Change of name of Registrar and Share Transfer Agent.
Annual reports
Concalls
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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)