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 ₹ 9,291 Cr.
- Current Price ₹ 626
- High / Low ₹ 643 / 359
- Stock P/E 32.3
- Book Value ₹ 152
- Dividend Yield 1.26 %
- ROCE 9.16 %
- ROE 8.34 %
- Face Value ₹ 10.0
Pros
- Company's median sales growth is 28.1% of last 10 years
- Company's working capital requirements have reduced from 23.9 days to 16.6 days
Cons
- Stock is trading at 4.12 times its book value
- Tax rate seems low
- Company has a low return on equity of 7.61% over last 3 years.
- Dividend payout has been low at 9.48% of profits 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
361 | 618 | 616 | 2,373 | 2,918 | 3,443 | 4,411 | 5,695 | 7,740 | 7,483 | 9,758 | 12,196 | 14,307 | |
352 | 601 | 605 | 2,240 | 2,775 | 3,254 | 4,167 | 5,364 | 7,397 | 7,286 | 9,519 | 11,952 | 13,988 | |
Operating Profit | 9 | 17 | 11 | 133 | 144 | 188 | 244 | 331 | 343 | 198 | 239 | 244 | 319 |
OPM % | 3% | 3% | 2% | 6% | 5% | 5% | 6% | 6% | 4% | 3% | 2% | 2% | 2% |
2 | 2 | 1 | 5 | 10 | 16 | 42 | 34 | -488 | -111 | 37 | 12 | 92 | |
Interest | 6 | 11 | 5 | 22 | 27 | 39 | 47 | 65 | 97 | 64 | 48 | 58 | 80 |
Depreciation | 0 | 1 | 1 | 17 | 15 | 22 | 35 | 45 | 66 | 53 | 48 | 65 | 131 |
Profit before tax | 4 | 7 | 6 | 100 | 111 | 144 | 204 | 254 | -307 | -30 | 181 | 134 | 200 |
Tax % | 31% | 29% | 32% | 37% | 29% | 34% | -27% | 8% | -10% | -236% | 20% | 3% | |
3 | 5 | 4 | 63 | 79 | 95 | 259 | 234 | -337 | -100 | 145 | 130 | 216 | |
EPS in Rs | 2.44 | 4.09 | 2.13 | 24.28 | 6.93 | 7.48 | 17.82 | 16.02 | -22.84 | -6.76 | 9.79 | 8.78 | 14.52 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -104% | 41% | 91% |
Compounded Sales Growth | |
---|---|
10 Years: | 35% |
5 Years: | 23% |
3 Years: | 16% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 43% |
5 Years: | -7% |
3 Years: | 3% |
TTM: | 47% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | 4% |
1 Year: | 70% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 19 | 26 | 113 | 127 | 145 | 146 | 148 | 148 | 148 | 148 | 148 |
Reserves | 19 | 28 | 64 | 235 | 220 | 1,131 | 2,216 | 2,475 | 2,171 | 2,077 | 2,061 | 2,023 | 2,115 |
Preference Capital | 18 | 18 | 77 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
25 | 56 | 31 | 168 | 263 | 535 | 728 | 570 | 925 | 375 | 527 | 551 | 521 | |
100 | 126 | 174 | 200 | 365 | 403 | 503 | 579 | 636 | 663 | 1,203 | 1,487 | 1,691 | |
Total Liabilities | 157 | 221 | 287 | 629 | 961 | 2,196 | 3,592 | 3,770 | 3,879 | 3,263 | 3,938 | 4,209 | 4,476 |
1 | 1 | 2 | 107 | 103 | 754 | 782 | 763 | 459 | 412 | 440 | 467 | 474 | |
CWIP | 0 | 0 | 0 | 0 | 1 | 9 | 2 | 5 | 0 | 7 | 1 | 1 | 0 |
Investments | 38 | 38 | 106 | 5 | 17 | 190 | 799 | 725 | 1,204 | 1,114 | 1,289 | 1,235 | 1,247 |
119 | 182 | 179 | 518 | 840 | 1,243 | 2,009 | 2,277 | 2,216 | 1,729 | 2,208 | 2,506 | 2,755 | |
Total Assets | 157 | 221 | 287 | 629 | 961 | 2,196 | 3,592 | 3,770 | 3,879 | 3,263 | 3,938 | 4,209 | 4,476 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | -16 | 5 | 3 | -13 | 50 | 83 | 113 | 140 | 255 | 200 | 187 | |
-7 | -0 | -58 | -68 | -38 | -515 | -892 | 36 | -319 | 72 | -144 | 35 | |
11 | 16 | 66 | 83 | 70 | 607 | 995 | -221 | 230 | -615 | -64 | -275 | |
Net Cash Flow | 7 | -0 | 12 | 18 | 19 | 142 | 185 | -71 | 51 | -288 | -9 | -53 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51 | 49 | 27 | 33 | 41 | 32 | 45 | 34 | 22 | 55 | 56 | 50 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 51 | 49 | 27 | 33 | 41 | 32 | 45 | 34 | 22 | 55 | 56 | 50 |
Working Capital Days | 2 | 19 | 8 | 30 | 36 | 34 | 54 | 44 | 29 | 34 | 22 | 17 |
ROCE % | 16% | 19% | 8% | 39% | 27% | 15% | 10% | 10% | 10% | 6% | 12% | 9% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 18 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
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Clarification sought from Quess Corp Ltd
15 Apr - Exchange has sought clarification from Quess Corp Ltd on April 15, 2024, with reference to Movement in Volume.
- Compliance Under Regulation 40 (9) & (10) 12 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12 Apr
Annual reports
Concalls
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Feb 2024Transcript PPT
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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)