Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Quess Corp Ltd

About the Company - Quess Corp Ltd

Quess Corp Ltd. is a Public Limited Listed company incorporated on 19/09/2007 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L74140KA2007PLC043909 and registration number is 043909. Currently Company is involved in the business activities of Human resources provision and management of human resources functions. Company’s Total Operating Revenue is Rs. 9758.50 Cr. and Equity Capital is Rs. 147.99 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Enabled ServicesNo.3/3/2, Bellandur Gate, Bengaluru Karnataka 560103investor@quesscorp.com
http://www.quesscorp.com
Management
NamePosition Held
Mr. Ajit IsaacNon Executive Chairman
Mr. Chandran RatnaswamiNon Executive Director
Mr. Gopalakrishnan SoundarajanNon Executive Director
Mr. Kalpathi Rathna GirishInd. Non-Executive Director
Mr. Gaurav MathurInd. Non-Executive Director
Ms. Revathy AshokInd. Non-Executive Director
Mr. Sanjay AnandaramInd. Non-Executive Director
Mr. Guruprasad SrinivasanGroup CEO & Executive Director

Quess Corp Ltd. Share Price Update

Share PriceValue
Today₹492.75
Previous Day₹497.20

Basic Stock Data of Quess Corp Ltd

Market Cap 8,049 Cr.
Current Price 542
High / Low582/337
Stock P/E34.5
Book Value 182
Dividend Yield1.49 %
ROCE9.39 %
ROE7.37 %
Face Value 10.0

Data Source: screener.in

Competitors of Quess Corp Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Matrimony.com Ltd 1,133 Cr. 509723/49923.0 1210.99 %16.0 %15.0 % 5.00
SIS Ltd 6,371 Cr. 437565/31821.6 1700.00 %10.6 %15.6 % 5.00
Team Lease Services Ltd 5,315 Cr. 3,1703,600/2,00749.8 4420.00 %13.9 %14.4 % 10.0
ICRA Ltd 5,724 Cr. 5,9316,249/4,25140.1 9300.69 %20.0 %15.1 % 10.0
NESCO Ltd 6,227 Cr. 884934/50518.2 2980.50 %21.8 %16.7 % 2.00
Industry Average4.6 Cr367.630.54392.20.44%16.46%15.36%6.4

Quess Corp Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales2,6152,8083,0042,9873,2283,6853,7923,9794,2734,4664,4404,6004,748
Expenses2,4752,6572,9672,8403,1163,5063,6083,8264,1394,3204,2884,4464,585
Operating Profit14015137147112179184153135145152154164
OPM %5%5%1%5%3%5%5%4%3%3%3%3%3%
Other Income321035163379604414
Interest32241722201820202629312728
Depreciation58565550494964616870766970
Profit before tax8280-3180601141047950107486279
Tax %39%43%-86%44%31%22%26%15%20%20%38%23%10%
Net Profit5046-5845418977684086304871
EPS in Rs3.092.83-4.253.132.545.674.984.512.845.942.233.234.85

Quess Corp Ltd Quarterly Chart

Quess Corp Ltd Profit & Loss

MonthMar 2012Mar 2013Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales6371,0011,0062,5673,4354,3156,1678,52710,99110,83713,69217,15818,254
Expenses6109589662,4363,2844,0755,8058,06810,34110,38713,06716,57017,639
Operating Profit274340131151240362459650449624589615
OPM %4%4%4%5%4%6%6%5%6%4%5%3%3%
Other Income23269155071-61778278082
Interest131892331497711716911482110115
Depreciation44410143375123249229212275284
Profit before tax132429104115172261289-384185358284297
Tax %37%30%34%36%29%29%-18%11%-12%60%30%22%
Net Profit612186781122310257-43274251223235
EPS in Rs5.149.989.4026.057.179.6121.3717.57-30.153.9216.3015.1416.25
Dividend Payout %-0%-0%-0%-0%-0%-0%-0%-0%-0%179%25%53%

Quess Corp Ltd Profit & Loss Yearly Chart

Quess Corp Ltd Growth

Compounded Sales Growth
10 Years:33%
5 Years:23%
3 Years:16%
TTM:13%
Compounded Profit Growth
10 Years:31%
5 Years:-10%
3 Years:1%
TTM:3%
Stock Price CAGR
10 Years:%
5 Years:-4%
3 Years:-9%
1 Year:42%
Return on Equity
10 Years:10%
5 Years:7%
3 Years:6%
Last Year:7%

Quess Corp Ltd Balance Sheet

MonthMar 2012Mar 2013Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital12121926113127145146148148148148148
Reserves2338882262431,1782,3152,5802,1282,1952,2902,4212,555
Preference Capital181877000000000
Borrowings5688642243937791,1668311,4737919151,011961
Other Liabilities1631932272445007801,2711,4551,5701,5862,0932,5392,729
Total Liabilities2543313987191,2502,8644,8985,0125,3184,7205,4456,1196,394
Fixed Assets3233851292521,1721,6321,6561,4871,5051,6571,7961,798
CWIP00002821553115180
Investments0000478286128106541025058
Other Assets2222973135909921,6072,9783,2123,7213,1313,6714,2554,538
Total Assets2543313987191,2502,8644,8985,0125,3184,7205,4456,1196,394

Quess Corp Ltd Reserves and Borrowings Chart

Quess Corp Ltd Cash Flow

MonthMar 2012Mar 2013Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 5-161538-5068109202361715554466
Cash from Investing Activity -4-4-66-69-10-574-794182-170-105-1884
Cash from Financing Activity 715648086707948-44513-834-441-443
Net Cash Flow7-5134927201263-61204-223-7527

Quess Corp Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Dec 2013Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days675845394343543933616257
Inventory Days
Days Payable
Cash Conversion Cycle675845394343543933616257
Working Capital Days152926302828282427302117
ROCE %29%21%35%24%16%12%11%12%8%13%9%

Quess Corp Ltd Financial Efficiency Indicators Chart

Quess Corp Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters55.24%55.24%51.82%51.78%51.87%51.84%51.81%51.90%56.75%56.69%56.66%56.65%
FIIs17.32%17.32%22.14%22.23%21.45%22.00%21.93%21.78%17.92%17.04%16.93%16.30%
DIIs14.50%14.44%13.76%13.01%11.67%10.65%9.36%8.04%6.56%7.33%10.18%10.66%
Public12.94%13.00%12.29%12.98%15.01%15.52%16.91%18.29%18.77%18.94%16.22%16.40%
No. of Shareholders73,89875,14970,68364,69770,78668,45870,95578,91681,23381,87485,06784,747

Quess Corp Ltd Shareholding Pattern Chart

No. of Quess Corp Ltd Shareholders

Quess Corp Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Tata Small Cap Fund48046003.78239.63
Franklin India Smaller Companies Fund21726011.01108.36
Tata Large & Mid Cap Fund - Regular Plan15158791.3275.6
Tata Large & Mid Cap Fund - Regular Plan15158791.3275.6
ICICI Prudential ELSS Tax Saver Fund10263330.4351.19
Aditya Birla Sun Life MNC Fund - Div9506671.3647.41
Aditya Birla Sun Life MNC Fund - Gr9506671.3647.41
Tata Hybrid Equity Fund - Regular Plan5218060.7626.03
HDFC Dividend Yield Fund4003290.519.97
Bandhan Sterling Value Fund4000000.2819.95

Quess Corp Ltd ROCE Trend

Quess Corp Ltd EPS Trend

Quess Corp Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)15.1616.323.92-30.2817.61
Diluted EPS (Rs.)15.0416.183.87-30.2217.51
Cash EPS (Rs.)33.5631.4021.24-11.4926.59
Book Value[Excl.RevalReserv]/Share (Rs.)184.23173.57165.02159.50186.79
Book Value[Incl.RevalReserv]/Share (Rs.)184.23173.57165.02159.50186.79
Revenue From Operations / Share (Rs.)1157.56925.18733.81745.13583.70
PBDIT / Share (Rs.)41.2943.4734.0748.0636.68
PBIT / Share (Rs.)22.7629.1418.6031.2028.25
PBT / Share (Rs.)19.1824.2713.28-25.1220.42
Net Profit / Share (Rs.)15.0317.075.76-28.3418.16
NP After MI And SOA / Share (Rs.)15.1416.303.92-30.1517.57
PBDIT Margin (%)3.564.694.646.446.28
PBIT Margin (%)1.963.142.534.184.83
PBT Margin (%)1.652.621.80-3.373.49
Net Profit Margin (%)1.291.840.78-3.803.11
NP After MI And SOA Margin (%)1.301.760.53-4.043.01
Return on Networth / Equity (%)8.739.892.47-19.539.41
Return on Capital Employeed (%)10.0614.138.9215.1712.66
Return On Assets (%)3.664.491.22-8.365.12
Long Term Debt / Equity (X)0.000.010.020.050.07
Total Debt / Equity (X)0.200.240.190.430.27
Asset Turnover Ratio (%)2.992.271.741.741.30
Current Ratio (X)1.271.351.581.271.37
Quick Ratio (X)1.261.331.561.251.36
Dividend Payout Ratio (NP) (%)79.1867.350.000.000.00
Dividend Payout Ratio (CP) (%)35.6135.840.000.000.00
Earning Retention Ratio (%)20.8232.650.000.000.00
Cash Earning Retention Ratio (%)64.3964.160.000.000.00
Interest Coverage Ratio (X)5.748.124.524.254.68
Interest Coverage Ratio (Post Tax) (X)2.594.101.472.473.32
Enterprise Value (Cr.)5608.539946.8210305.793436.4011101.48
EV / Net Operating Revenue (X)0.320.720.950.311.30
EV / EBITDA (X)9.1615.4620.484.8520.72
MarketCap / Net Operating Revenue (X)0.310.710.950.281.28
Retention Ratios (%)20.8132.640.000.000.00
Price / BV (X)2.134.004.411.374.01
Price / Net Operating Revenue (X)0.310.710.950.281.28
EarningsYield0.040.020.01-0.140.02

Quess Corp Ltd Profitability Ratios (%)

Quess Corp Ltd Liquidity Ratios

Quess Corp Ltd Liquidity Ratios (%)

Quess Corp Ltd Interest Coverage Ratios (X)

Quess Corp Ltd Valuation Ratios

Fair Value / Intrinsic Value of Quess Corp Ltd

Fair Value: ₹469.66

The stock is overvalued by 13.35% compared to the current price ₹542

*Investments are subject to market risks

Strength and Weakness of Quess Corp Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 15.83%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 25.25, which is a positive sign.
  3. The company has higher reserves (1,406.15 cr) compared to borrowings (8.69 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (56.15 cr) and profit (134.38 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 25.99 and average Dividend Yield of 3.33%.
  2. The stock has a high average Cash Conversion Cycle of 50.08, which may not be favorable.

Should I Buy Quess Corp Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Quess Corp Ltd:
    1. Net Profit Margin: 1.29%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 10.06% (Industry Average ROCE: 13.92%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 2.59
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.26
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 34.5 (Industry average Stock P/E: 25.84)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.20
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Quess Corp Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE