Quess Corp Limited

Quess Corp Limited

QUESSNSE / BSEIndustrialsSmall Cap

₹306.05-₹18.40 (-5.7%)

Last close · Data as of Oct 30, 2026

Market cap
₹3,169 Cr
P/E
15.3x
Revenue
₹13,787 Cr

+24.6% over the last year

Quess Corp Limited price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-8.6%
3M
-1.3%
6M
+54.6%
1Y
+24.6%
5Y
-65.5%

52-week range

Day change -₹18.40 (-5.7%) from ₹324 to ₹306 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in QUESS, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong cash conversion — FCF/PAT ratio of 1.71

Concerns1

  • Net profit declined 65.0% year-over-year

Rule-based from financial data. Not advice.

About the company

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.

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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.

Sector
Industrials
Shares outstanding
14.9 Cr shares
ISIN
INE615P01015
BSE code
539978

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹3,169 Cr
P/E
15.3x
P/B
3.5x
Earnings yield
6.5%
52-week high
₹381.25
52-week low
₹168.85

Growth

Revenue
₹13,787 Cr
Revenue growth, 1Y
14.4%
Net profit growth, 1Y
-65.0%
Cash from operations
₹405 Cr
CFO growth, 1Y
17.4%
Free cash flow
₹105 Cr
Asset growth, 1Y
6.5%

Solvency and efficiency

Current ratio
2.26
Debt / Equity
0.25
Debt / Assets
0.13
Financial leverage
1.98
Cash / Market cap
107.9%
Cash per share
₹229.87
Debtor days
66 days
Cash conversion cycle
66 days

Where the revenue went

FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.

LineFY2025
Sales₹13,787 Cr
Expenses₹13,582 Cr
Operating profit₹206 Cr
Other income-₹24 Cr
Interest₹37 Cr
Depreciation₹39 Cr
Profit before tax₹106 Cr
Tax and other-₹14 Cr
Net profit₹120 Cr

Revenue and net profit

Revenue grew 14.4% in FY2025; net profit is the dashed line.

Quess Corp Limited revenue and net profit by fiscal year
Quess Corp Limited revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹7,483 Cr-₹100 Cr
FY2022₹9,758 Cr₹145 Cr
FY2023₹13,638 Cr₹208 Cr
FY2024₹12,050 Cr₹343 Cr
FY2025₹13,787 Cr₹120 Cr

Cash flows

FY2025: ₹327 Cr from operations, ₹205 Cr free after investment (dashed).

Quess Corp Limited operating and free cash flow by fiscal year
Quess Corp Limited operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹255 Cr₹327 Cr
FY2022₹200 Cr₹56 Cr
FY2023₹345 Cr₹364 Cr
FY2024₹405 Cr₹555 Cr
FY2025₹327 Cr₹205 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹13,787 Cr+14.4%1Y
Net profit
₹120 Cr-65.0%1Y
Cash from operations
₹327 Cr
Free cash flow
₹205 Cr-63.1%1Y
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹13,787 Cr₹206 Cr—₹120 Cr₹327 Cr₹205 Cr—+14.4%-65.0%

Monthly returns

Month-by-month returns of QUESS across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹2,494 Cr
Equity capital₹149 Cr
Reserves₹781 Cr
Borrowings₹112 Cr
Other liabilities₹1,452 Cr
Assets₹2,494 Cr
Fixed assets₹112 Cr
Capital work in progress₹0 Cr
Investments₹243 Cr
Other assets₹2,139 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. Uflex Limited₹3,418 Cr
  2. MSTC Limited₹3,346 Cr
  3. Quess Corp Limited (this company)₹3,169 Cr

P/E against peers

QUESS trades at 15.3x earnings against a peer median of 38.3x (a 60% discount).

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
Quess Corp LimitedQUESSthis companyP/E ↓ discount₹3,169 Cr15.3x3.5x——
Uflex LimitedUFLEX₹3,418 Cr16.4x1.0x5.3%7.5x
MSTC LimitedMSTCLTD₹3,346 Cr15.4x4.0x25.9%10.8x
PSP Projects LimitedPSPPROJECT₹3,278 Cr126.0x2.7x13.6%11.9x
Kirloskar Industries LtdKIRLOSIND₹3,245 Cr41.9x0.6x1.9%29.9x
Shanthi Gears Ltd.SHANTIGEAR₹3,218 Cr34.6x7.4x23.7%25.6x
Bharat Bijlee Ltd.BBL₹3,153 Cr21.4x1.4x7.0%14.5x
HLE GLASCOAT LIMITEDHLEGLAS₹3,115 Cr79.5x8.2x7.8%46.3x
Sindhu Trade Links LimitedSINDHUTRAD₹2,904 Cr162.0x3.1x6.2%26.0x
Peer median—38.3x5.2x15.2%25.8x

Year-to-date ROI

QUESS since 1 January, against earlier years.

Historical volatility

QUESS's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

Quess Corp Limited operating margin by fiscal year
Quess Corp Limited operating margin by fiscal year
DateOperating margin
FY20213.0%
FY20222.0%
FY20233.0%
FY20241.0%
FY20251.0%
LineFY2025
RevenueSales₹13,787 Cr
Costs
Interest₹37 Cr
Expenses₹13,582 Cr
Profit before tax₹106 Cr

Learn while you research

Academy chapters picked for Quess Corp Limited and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  4. 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
  5. 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
  6. 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read
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