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Quess Corp Limited QUESS NSEINFRA

Industrials · Staffing & Employment Services · India
https://www.quesscorp.com

Quess Corp Limited provides staffing and workforce solutions in India and internationally. The company operates through four segments: General Staffing, Professional Staffing, Overseas Staffing, and Digital Platforms. It offers general staffing, including tailor-made solutions for diverse staffing requirements and expert recruitment solutions. The company also provides professional staffing, such as digital workplace solutions, cloud and datacenter services, and managed network services; staff augmentation services, such as contract hiring services; hire, train, and deploy (HTD) programs; interview as a service (IAAS); workforce optimization; international skill mobility and turnkey workforce solutions; and global capability centre services across areas, such as cloud, cybersecurity, and enterprise platforms, as well as operates offshore development centers for flexible staffing and optimizes IT workforce management through its managed capacity services. In addition, it offers digital platforms, including Hamara Academy, an upskilling platform; Hamara Jobs, a proprietary blue-collar auto-hiring technology platform; Hamara HR, a workforce management tool; Hamara Benefits, an employee benefit and financial wellness platform; and Taskmo, a gig discovery platform that enables enterprises scale business operations through digital hiring solutions, as well as digital and hyperlocal solutions for financial products, e-commerce, q-commerce, food tech, grocery, mobility, rental, pharmacy, retail, and other industries through its network of gig workers. Further, it provides overseas staffing solution that connects businesses with skilled talent enabling workforce deployment across industries through regional expertise and cross-border mobility. The company was formerly known as Ikya Human Capital Solutions Limited and changed its name to Quess Corp Limited in January 2015. Quess Corp Limited was incorporated in 2007 and is headquartered in Bengaluru, India.

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₹209.09
-31.19% 1Y

Market & Price

Market Cap
₹3,122.37 Cr
Current Price
₹209.09
High / Low (52W)
₹303.85 / ₹167.48
Beta
0.02

Valuation

Stock P/E
14.08
Industry PE
27.78
Forward P/E
10.90
PEG Ratio
-
Book Value
₹78.21
Price to Book
2.67
P/S
0.20
EV/EBITDA
9.56
Dividend Yield
4.78%

Profitability & Returns

ROCE
17.53%
ROE
19.71%
ROA
5.78%
Profit Margin
1.45%
Op Margin
1.95%
EPS (Latest Qtr)
₹4.29
EPS (TTM)
₹14.85

Balance Sheet & Liquidity

Debt/Equity
0.11
Quick Ratio
1.27
Current Ratio
1.38
Debt
₹124.48 Cr
Total Assets
₹3,039.11 Cr
Current Assets
₹2,000.24 Cr
Working Capital
₹552.56 Cr

Ownership

Promoter Holding
66.28%
Chg in Prom Hold
-
FII / Inst Holding
13.65%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹2,986.77 Cr
Total Revenue (TTM)
₹15,305.19 Cr
EBITDA
₹312.44 Cr
Free Cash Flow
₹107.97 Cr
Operating Cash Flow
₹230.06 Cr
Shares Outstanding
₹14.93 Cr
Gross Margin
5.26%
Payout Ratio
74.07%

Growth (CAGR)

Revenue 5Y
-3.74%
Profit 5Y
-0.42%
Revenue (YoY)
-
Earnings (YoY)
-

PROS

  • Attractive dividend yield of 4.78%.
  • Generates positive free cash flow.

CONS

  • Revenue declined at -3.7% CAGR over 5 years.
  • Earnings shrank at -0.4% CAGR over 5 years.
  • Trading 31.2% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 QUESS Quess Corp Limited NSEINFRA 209.09 14.08 ₹3,122.37 Cr 4.78% 17.53% 19.71% -3.74% -0.42%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue 4,019.13 Cr3,656.42 Cr3,651.42 Cr3,929.71 Cr3,892.45 Cr
Cost of Revenue 3,764.53 Cr3,454.10 Cr3,434.27 Cr3,712.95 Cr3,692.40 Cr
Gross Profit 254.60 Cr202.32 Cr217.15 Cr216.76 Cr200.05 Cr
Operating Expenses 202.08 Cr145.14 Cr157.90 Cr147.65 Cr124.29 Cr
Operating Income 52.52 Cr57.19 Cr59.25 Cr69.11 Cr75.76 Cr
EBITDA 61.28 Cr-79.69 Cr72.61 Cr74.37 Cr93.14 Cr
Interest Expense 9.21 Cr9.05 Cr9.89 Cr12.76 Cr13.52 Cr
Pretax Income 42.13 Cr-98.91 Cr52.23 Cr51.09 Cr69.02 Cr
Tax Provision 40.10 L-3.46 Cr1.25 Cr-4.01 Cr4.67 Cr
Net Income 41.68 Cr-95.49 Cr50.91 Cr54.98 Cr64.14 Cr
Diluted EPS 2.79-6.423.413.684.29

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -17,158.39 Cr13,695.09 Cr14,967.20 Cr15,305.19 Cr
Cost of Revenue -14,619.66 Cr12,287.94 Cr14,051.61 Cr14,499.70 Cr
Gross Profit -2,538.73 Cr1,407.15 Cr915.59 Cr805.49 Cr
Operating Expenses -2,223.74 Cr1,210.80 Cr694.48 Cr534.89 Cr
Operating Income -314.99 Cr196.35 Cr221.11 Cr270.60 Cr
EBITDA -663.88 Cr470.76 Cr121.61 Cr320.86 Cr
Interest Expense -104.91 Cr54.65 Cr38.60 Cr49.22 Cr
Pretax Income -284.36 Cr132.92 Cr41.80 Cr229.80 Cr
Tax Provision -61.45 Cr-2.49 Cr-4.09 Cr7.60 Cr
Net Income -224.42 Cr277.86 Cr45.80 Cr221.62 Cr
Diluted EPS 16.1815.0418.613.07-

Compounded Sales Growth

5 Years:-3.74%
1 Year:-

Compounded Profit Growth

5 Years:-0.42%
1 Year:-

Stock Price Performance

1 Year:-31.19%
6 Months:+3.08%
3 Months:+4.08%
1 Month:+4.38%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -6,118.77 Cr6,255.04 Cr2,811.83 Cr3,039.11 Cr
Current Assets -3,509.83 Cr3,580.42 Cr1,899.16 Cr2,000.24 Cr
Cash & Equivalents -437.57 Cr520.12 Cr249.12 Cr178.13 Cr
Inventory 28.16 Cr28.16 Cr7.13 Cr0-
Receivables -1,485.33 Cr1,538.83 Cr849.78 Cr807.98 Cr
Total Liabilities -3,387.97 Cr3,290.44 Cr1,725.84 Cr1,870.89 Cr
Current Liabilities -2,766.23 Cr2,626.66 Cr1,410.58 Cr1,447.68 Cr
Long Term Debt 9.47 Cr9.47 Cr1.76 Cr0-
Total Debt -1,011.33 Cr838.11 Cr112.89 Cr124.48 Cr
Total Equity -2,568.75 Cr2,798.99 Cr1,084.85 Cr1,166.46 Cr
Shares Outstanding -14.82 Cr14.85 Cr14.89 Cr14.93 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -466.26 Cr529.27 Cr380.48 Cr230.06 Cr
Investing Cash Flow --2.28 Cr49.49 Cr2.20 Cr-73.08 Cr
Financing Cash Flow --443.20 Cr-496.50 Cr-318.15 Cr-237.39 Cr
Capital Expenditure --104.01 Cr-103.30 Cr-1.70 Cr-8.66 Cr
Free Cash Flow -362.24 Cr425.97 Cr378.78 Cr221.40 Cr
Net Change in Cash -20.77 Cr82.26 Cr64.53 Cr-80.42 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -14.8%10.3%6.1%5.3%
Operating Margin % -1.8%1.4%1.5%1.8%
Net Margin % -1.3%2.0%0.3%1.4%
ROE % -8.7%9.9%4.2%19.0%
ROCE % -9.4%5.4%15.8%17.0%

Shareholding Pattern

Insiders
66.28%
Institutions
13.65%
Public Float
40.48%

Analyst View

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