Quess Corp Ltd

₹ 439 -0.50%
02 Dec - close price
quesscorp.com BSE: 539978 NSE : QUESS
About

Quess Corp is engaged in the business of providing services in Workforce management, Operating asset management and Tech services.(Source : 202003-01 Annual Report Page No:113)

Key Points

Quess has team of ~384,000 employees across India, North America, South America and South-East Asia across all segments. Quess serves over 2600+ clients worldwide.

Quess is in top 50 of Global staffing company in the world and amongst top 3 domestic BPO players in India. Quess is No.1 in Indian general staffing market and IT Staffing segment, No.1 in Singapore IT staffing space, and Top 3 facility management services provider in India.

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

Company derived 66% of its revenues and 41% of EBITDA from WFM segment while 16% of
revenues and 19% of EBITDA from OAM while GTS division contributed to 18% of revenues and 40% of EBITDA in H1 FY21.

Website BSE NSE
  • Market Cap ₹ 6,508 Cr.
  • Current Price ₹ 439
  • High / Low ₹ 887 / 420
  • Stock P/E 24.6
  • Book Value ₹ 171
  • Dividend Yield 1.82 %
  • ROCE 13.2 %
  • ROE 9.80 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 67.7%

Cons

  • Stock is trading at 2.58 times its book value
  • Company has a low return on equity of 6.42% over last 3 years.
  • Promoter holding has decreased over last 3 years: -19.8%

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
2,651 2,950 2,995 2,409 2,615 2,808 3,004 2,987 3,228 3,685 3,792 3,979 4,273
2,493 2,772 2,835 2,290 2,475 2,657 2,967 2,840 3,116 3,506 3,608 3,826 4,139
Operating Profit 158 178 159 119 140 151 37 147 112 179 184 153 135
OPM % 6% 6% 5% 5% 5% 5% 1% 5% 3% 5% 5% 4% 3%
16 10 -655 33 32 10 3 5 16 3 3 7 9
Interest 46 42 39 38 32 24 17 22 20 18 20 20 26
Depreciation 65 66 60 59 58 56 55 50 49 49 64 61 68
Profit before tax 63 80 -594 54 82 80 -31 80 60 114 104 79 50
Tax % -6% 6% -6% 33% 39% 43% -86% 44% 31% 22% 26% 15% 20%
Net Profit 67 75 -630 36 50 46 -58 45 41 89 77 68 40
EPS in Rs 4.24 4.83 -42.88 2.29 3.09 2.83 -4.25 3.13 2.54 5.67 4.98 4.51 2.84
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
637 1,001 1,006 2,567 3,435 4,315 6,167 8,527 10,991 10,837 13,692 15,730
610 958 966 2,436 3,284 4,075 5,805 8,068 10,341 10,387 13,067 15,079
Operating Profit 27 43 40 131 151 240 362 459 650 449 624 651
OPM % 4% 4% 4% 5% 4% 6% 6% 5% 6% 4% 5% 4%
2 3 2 6 9 15 50 71 -617 78 27 22
Interest 13 18 9 23 31 49 77 117 169 114 82 85
Depreciation 4 4 4 10 14 33 75 123 249 229 212 242
Profit before tax 13 24 29 104 115 172 261 289 -384 185 358 346
Tax % 37% 30% 34% 36% 29% 29% -18% 11% -12% 60% 30%
Net Profit 6 12 18 67 81 122 310 257 -432 74 251 272
EPS in Rs 5.14 9.98 9.40 26.05 7.17 9.61 21.37 17.57 -30.15 3.92 16.30 18.00
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 179% 25%
Compounded Sales Growth
10 Years: 36%
5 Years: 26%
3 Years: 17%
TTM: 31%
Compounded Profit Growth
10 Years: 44%
5 Years: 14%
3 Years: -2%
TTM: 340%
Stock Price CAGR
10 Years: %
5 Years: -14%
3 Years: -3%
1 Year: -49%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 6%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
30 30 96 26 113 127 145 146 148 148 148 148
Reserves 23 38 88 226 243 1,178 2,315 2,580 2,128 2,195 2,290 2,379
56 88 64 224 393 779 1,166 831 1,473 791 915 955
163 193 227 244 500 780 1,271 1,455 1,570 1,586 2,019 2,456
Total Liabilities 254 331 398 719 1,250 2,864 4,898 5,012 5,318 4,720 5,371 5,938
32 33 85 129 252 1,172 1,632 1,656 1,487 1,505 1,657 1,753
CWIP 0 0 0 0 2 8 2 15 5 31 15 3
Investments 0 0 0 0 4 78 286 128 106 54 102 77
222 297 313 590 992 1,607 2,978 3,212 3,721 3,131 3,597 4,105
Total Assets 254 331 398 719 1,250 2,864 4,898 5,012 5,318 4,720 5,371 5,938

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
5 -16 15 38 -50 68 109 202 361 715 554
-4 -4 -66 -69 -10 -574 -794 182 -170 -105 -188
7 15 64 80 86 707 948 -445 13 -834 -441
Net Cash Flow 7 -5 13 49 27 201 263 -61 204 -223 -75

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Dec 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 67 58 45 39 43 43 54 39 33 61 62
Inventory Days
Days Payable
Cash Conversion Cycle 67 58 45 39 43 43 54 39 33 61 62
Working Capital Days 15 29 26 30 28 28 28 24 27 30 23
ROCE % 32% 21% 35% 24% 16% 12% 11% 12% 8% 13%

Shareholding Pattern

Numbers in percentages

12 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
54.72 54.87 55.28 55.25 55.25 55.24 55.24 51.82 51.78 51.87 51.84 51.81
16.62 14.61 14.01 15.56 15.73 17.32 17.32 22.14 22.23 21.45 22.00 21.93
13.20 16.63 15.68 15.69 15.86 14.50 14.44 13.76 13.01 11.67 10.65 9.36
15.46 13.90 15.03 13.49 13.16 12.94 13.00 12.29 12.98 15.01 15.52 16.91

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

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