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 ₹ 4,896 Cr.
- Current Price ₹ 329
- High / Low ₹ 428 / 255
- Stock P/E 12.9
- Book Value ₹ 196
- Dividend Yield 3.04 %
- ROCE 11.7 %
- ROE 11.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is providing a good dividend yield of 3.04%.
- Company has been maintaining a healthy dividend payout of 43.6%
- Company's median sales growth is 26.3% of last 10 years
Cons
- Tax rate seems low
- Company has a low return on equity of 9.48% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,001 | 1,006 | 2,567 | 3,435 | 4,315 | 6,167 | 8,527 | 10,991 | 10,837 | 13,692 | 17,158 | 19,100 | 20,611 | |
958 | 966 | 2,436 | 3,284 | 4,075 | 5,805 | 8,068 | 10,341 | 10,387 | 13,067 | 16,570 | 18,400 | 19,839 | |
Operating Profit | 43 | 40 | 131 | 151 | 240 | 362 | 459 | 650 | 449 | 624 | 589 | 700 | 772 |
OPM % | 4% | 4% | 5% | 4% | 6% | 6% | 5% | 6% | 4% | 5% | 3% | 4% | 4% |
3 | 2 | 6 | 9 | 15 | 50 | 71 | -617 | 78 | 27 | 80 | 0 | 18 | |
Interest | 18 | 9 | 23 | 31 | 49 | 77 | 117 | 169 | 114 | 82 | 110 | 121 | 105 |
Depreciation | 4 | 4 | 10 | 14 | 33 | 75 | 123 | 249 | 229 | 212 | 275 | 283 | 281 |
Profit before tax | 24 | 29 | 104 | 115 | 172 | 261 | 289 | -384 | 185 | 358 | 284 | 295 | 404 |
Tax % | 30% | 34% | 36% | 29% | 29% | -18% | 11% | 12% | 60% | 30% | 22% | 5% | |
12 | 18 | 67 | 81 | 122 | 310 | 257 | -432 | 74 | 251 | 223 | 280 | 388 | |
EPS in Rs | 9.98 | 9.40 | 26.05 | 7.17 | 9.61 | 21.37 | 17.57 | -30.15 | 3.92 | 16.30 | 15.14 | 18.71 | 24.98 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 179% | 25% | 53% | 53% |
Compounded Sales Growth | |
---|---|
10 Years: | 34% |
5 Years: | 18% |
3 Years: | 21% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 33% |
5 Years: | 4% |
3 Years: | 86% |
TTM: | 63% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 1% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 9% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 38 | 88 | 226 | 243 | 1,178 | 2,315 | 2,580 | 2,128 | 2,195 | 2,290 | 2,421 | 2,650 | 2,770 |
106 | 141 | 224 | 393 | 779 | 1,166 | 831 | 1,473 | 791 | 915 | 1,011 | 838 | 690 | |
175 | 149 | 244 | 500 | 780 | 1,271 | 1,455 | 1,570 | 1,586 | 2,093 | 2,539 | 2,618 | 2,805 | |
Total Liabilities | 331 | 398 | 719 | 1,250 | 2,864 | 4,898 | 5,012 | 5,318 | 4,720 | 5,445 | 6,119 | 6,255 | 6,414 |
33 | 85 | 129 | 252 | 1,172 | 1,632 | 1,656 | 1,487 | 1,505 | 1,657 | 1,796 | 1,695 | 1,684 | |
CWIP | 0 | 0 | 0 | 2 | 8 | 2 | 15 | 5 | 31 | 15 | 18 | 33 | 1 |
Investments | 0 | 0 | 0 | 4 | 78 | 286 | 128 | 106 | 54 | 102 | 50 | 93 | 137 |
297 | 313 | 590 | 992 | 1,607 | 2,978 | 3,212 | 3,721 | 3,131 | 3,671 | 4,255 | 4,434 | 4,592 | |
Total Assets | 331 | 398 | 719 | 1,250 | 2,864 | 4,898 | 5,012 | 5,318 | 4,720 | 5,445 | 6,119 | 6,255 | 6,414 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
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 | 15 | 38 | -50 | 68 | 109 | 202 | 361 | 715 | 554 | 466 | 529 | |
-4 | -66 | -69 | -10 | -574 | -794 | 182 | -170 | -105 | -188 | 4 | 50 | |
15 | 64 | 80 | 86 | 707 | 948 | -445 | 13 | -834 | -441 | -443 | -496 | |
Net Cash Flow | -5 | 13 | 49 | 27 | 201 | 263 | -61 | 204 | -223 | -75 | 27 | 83 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 58 | 45 | 39 | 43 | 43 | 54 | 39 | 33 | 61 | 62 | 57 | 53 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 58 | 45 | 39 | 43 | 43 | 54 | 39 | 33 | 61 | 62 | 57 | 53 |
Working Capital Days | 29 | 26 | 30 | 28 | 28 | 28 | 24 | 27 | 30 | 21 | 17 | 16 |
ROCE % | 29% | 21% | 35% | 24% | 16% | 12% | 11% | 12% | 8% | 13% | 9% | 12% |
Documents
Announcements
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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)
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1 Apr - Quess Corp announces leadership for demerged entities.
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Disclosure Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015 ('Listing Regulations')
1 Apr - Disclosure of authorized Key Managerial Personnel.
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]