Quess Corp Limited
NSE: QUESS · Diversified Commercial Services · sector
₹323.20NSE close 2026-10-26
Key numbers
Market cap₹4,827 cr
Price₹323.20
52w high / low₹389 / ₹166
P/E19.1xSector median 13.0x
P/B4.1xSector median 1.6x
Book value₹78.1
Dividend yield–Sector median 1.73%
ROE22.4%Sector median 3.4%
ROCE27.2%Sector median 8.1%
OPM2.0%Sector median 15.0%
Debt / equity0.00xSector median 0.07x
EV/EBITDA14.2xSector median 7.9x
Interest cover5.9x
Current ratio1.38x
Sales growth 3y-3.7%Sector median +12.9%
Profit growth 3y-0.4%Sector median +19.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 95 companies in Diversified Commercial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹258 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Borrowings fell in each of the last 3 years (₹531 cr → ₹0 cr).
- Operating profit covered interest 5.9x in the last 12 months.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 15% of net profit in the last 12 months.
- Debtor days went from 29 (FY24) to 19 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹323.20 on 2026-10-26: -16.9% from the 52-week high, +94.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹852.75 · low ₹169.87
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,179 | 5,519 | 3,656 | 3,651 | 3,832 | 3,930 | 3,892 | 4,182 |
| EBITDA | 196 | 175 | -91 | 68 | 77 | 73 | 87 | 85 |
| OPM % | 3.8% | 3.2% | -2.5% | 1.9% | 2.0% | 1.9% | 2.2% | 2.0% |
| Other income | 4 | 9 | 11 | 5 | 4 | 2 | 6 | 26 |
| Net profit | 92 | 80 | -95 | 51 | 52 | 55 | 64 | 82 |
| EPS (₹) | 6.15 | 5.42 | -6.42 | 3.42 | 3.46 | 3.69 | 4.30 | 5.50 |
| Revenue YoY | -26.0% | -28.8% | +6.5% | +14.5% | ||||
| Profit YoY | -44.1% | -31.7% | – | +60.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 13,692 | 17,158 | 19,100 | 14,967 | 15,305 | 15,835 |
| EBITDA | 631 | 639 | 666 | 98 | 304 | 321 |
| Net profit | 241 | 224 | 278 | 46 | 222 | 253 |
| EPS (₹) | 16.32 | 15.16 | 18.72 | 3.08 | 14.87 | 16.95 |
| Revenue growth | +25.3% | +11.3% | -21.6% | +2.3% | -12.1% | |
| Profit growth | -6.9% | +23.8% | -83.5% | +383.9% | +96.9% | |
| Dividend / share (₹) | 11.00 | 12.00 | 4.00 | 10.00 | 11.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -3.7% | +7.1% | -12.1% |
| Net profit | -0.4% | +30.8% | +96.9% |
| EPS | -0.6% | +30.6% | – |
| Share price | – | -33.8% (2y) | +32.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,569 | 2,799 | 1,085 | 1,166 |
| Borrowings | – | 531 | 370 | 12 | 0 |
| Cash & equivalents | – | 613 | 602 | 267 | 258 |
| Total assets | – | 6,119 | 6,255 | 2,812 | 3,039 |
| Fixed assets | – | 646 | 618 | 101 | 124 |
| Capital work in progress | – | 0 | 3 | 0 | 0 |
| Investments | – | 2 | 37 | 0 | 0 |
| Receivables | – | 1,485 | 1,539 | 1,529 | 808 |
| Inventory | – | 28 | 7 | 0 | 0 |
| Payables | – | 125 | 118 | 59 | 27 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 554 | 466 | 529 | 380 | 230 |
| Cash from investing | -188 | -2 | 49 | 2 | -73 |
| Cash from financing | -442 | -443 | -496 | -318 | -237 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | 554 | 466 | 529 | 380 | 230 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 8.7% | 9.9% | 4.2% | 19.0% |
| ROCE % | – | 12.6% | 13.0% | 7.3% | 23.9% |
| Debtor days | – | 32 | 29 | 37 | 19 |
| Inventory days | – | 21 | 5 | 0 | 0 |
| Payable days | – | 95 | 90 | 79,852 | 1 |
| Cash conversion cycle (days) | – | -42 | -56 | -79,815 | 18 |
| Working capital days | – | 26 | 28 | 20 | 13 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 56.81% |
| FIIs | 10.26% |
| DIIs | 11.98% |
| of which Mutual funds | 10.50% |
| of which Insurance | 0.09% |
| Government | 0.00% |
| Public (non-institutions) | 19.75% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 56.57% | 56.99% | 56.98% | 56.92% | 56.88% | 56.83% | 56.82% | 56.81% |
| Promoter group | % |
|---|---|
| Fairbridge Capital Mauritius Limited | 34.04% |
| Ajit Isaac | 11.98% |
| Isaac Enterprises LLP | 10.29% |
| Hwic Asia Fund Class A Shares | 0.50% |
| Thomas Cook (India) Limited | 0.00% |
| Net Resources Investments Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Tata Mutual Fund - Tata Small Cap Fund | 7.76% |
| Ashish Dhawan | 4.89% |
| Ellipsis Partners LLC | 3.91% |
| Bandhan NIFTY Total Market Index Fund | 1.79% |
| Quess Corp Limited Employees Welfare Trust | 1.20% |
95,529 shareholders. Pledged: – of promoter shares.
Peers in Diversified Commercial Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| IGIL | ₹16,651 cr | 25.0x | 9.5x | 44.5% | 51.7% | 61.5% | – | 1.93% |
| WEWORK | ₹8,640 cr | 99.1x | 29.0x | 28.3% | 111.2% | 64.6% | – | – |
| IBULLSLTD | ₹6,919 cr | – | 1.1x | -0.4% | – | – | +918.1% | – |
| NESCO | ₹6,699 cr | 16.1x | 2.2x | 14.8% | 18.3% | 50.8% | +19.5% | 0.69% |
| NIRLON | ₹5,679 cr | 15.9x | 12.1x | 86.5% | 29.8% | 77.5% | +5.3% | 4.12% |
| RENTOMOJO | ₹5,292 cr | – | – | – | – | – | – | – |
| LEAPIND | ₹5,209 cr | – | – | – | – | – | – | – |
| SMARTWORKS | ₹5,085 cr | 182.4x | 9.6x | 5.2% | 56.6% | 64.2% | – | – |
| QUESS | ₹4,827 cr | 19.1x | 4.1x | 22.4% | 27.2% | 2.0% | -3.7% | – |
| INOXGREEN | ₹4,367 cr | 35.0x | 2.6x | 6.6% | 10.5% | 9.9% | +3.4% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| a) General Staffing | ₹13,176 cr | 86.1% | ₹189 cr | 1.4% |
| c) Overseas business | ₹1,197 cr | 7.8% | ₹77 cr | 6.4% |
| b) Professional staffing | ₹930 cr | 6.1% | ₹111 cr | 11.9% |
| d) Digital Platforms | ₹2 cr | 0.0% | ₹-7 cr | -341.5% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-07 | Dividend | Dividend - Rs 3 Per Share |
| 2026-05-08 | Dividend | Special Dividend - Rs 3 Per Share |
| 2026-02-06 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2025-08-08 | Dividend | Dividend - Rs 6 Per Share |
| 2025-04-15 | Restructuring | Demerger |
| 2025-02-07 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2024-09-09 | Other | Annual General Meeting |
| 2024-09-06 | Dividend | Dividend - Rs 6 Per Share |
| 2024-02-12 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2023-09-18 | Other | Annual General Meeting |
| 2022-11-17 | Dividend | Interim Dividend - Rs 8 Per Share |
| 2022-09-14 | Other | Annual General Meeting |
| 2022-06-09 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2021-11-22 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2021-09-13 | Other | Annual General Meeting |
| 2021-05-11 | Dividend | Interim Dividend - Rs 7 Per Share |
| 2020-09-21 | Other | Annual General Meeting |
| 2019-07-16 | Other | Annual General Meeting |
| 2018-07-19 | Other | Annual General Meeting |
| 2017-07-13 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- General Staffing: The Company provides customized workforce management and recruitment solutions designed to address diverse staffing requirements across industries, delivering specialized talent acquisition and deployment services tailored to client needs.
- Professional Staffing: The Company offers integrated IT staffing solutions across a broad spectrum of industry verticals. The Company delivers specialized talent acquisition and workforce deployment services tailored to evolving business requirements.
- Overseas Business: The Company provides staffing and recruitment solutions to clients across the Asia-Pacific and Middle East regions, catering to diverse workforce requirements.
- Digital Platforms: The Company provides customized staffing services, talent acquisition, executive search and recruitment, payroll compliance, and end-to-end manpower management solutions.
| Sector | Services |
| Industry | Diversified Commercial Services |
| Sub-industry | Diversified Commercial Services |
| Symbol | QUESS |
| BSE code | 539978 |
| ISIN | INE615P01015 |
| Face value | ₹10.0 |
| Incorporated | 2007-09-19 |
| Website | www.quesscorp.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.