Quess Corp Q1 FY27 Share Price & Earnings Call Analysis

₹324.55-0.29% today
Market cap
₹4,848 Cr
P/E
18.76
ROE
21.33%
PEG
2.10
Price to sales
0.30
Debt to equity
0.11
52W high / low
₹382 / ₹170
Sales growth (5Y)
7.15%
EBITDA margin
2.07%
Net profit margin
1.57%
Promoter holding
56.81%
Sales (last year)
₹15,835 Cr

Quess Corp Limited (Quess) is India’s leading business services provider, leveraging its extensive domain knowledge and future-ready digital platforms to drive client productivity through outsourced solutions.[1]

Guidance scorecard · Q1 FY27 call

What Quess Corp Ltd's management guided
and where it ranks in Commercial Services & Supplies

RevenueQ1 FY27 call

10–20%
  • General Staffing expects strong Q2 growth due to 86 new accounts signed and a healthy festive season pipeline; currently sitting on 37,000 open requisitions.
  • Headcount growth target in General Staffing is 10-11% annually, aiming for 40,000 to 50,000 additional associates per year.
  • Professional Staffing aims to scale to a Rs 30 crore quarterly EBITDA, maintaining double-digit margins with continuing GCC-led growth.
  • Overseas business targets a 6.5% to 7% EBITDA margin with continued double-digit revenue and EBITDA growth across diversified geographies like Singapore, Middle East, Malaysia, and Philippines.

2 more points from Quess Corp Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Quess Corp Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

None planned
  • Quess Corp is focusing on a capital-light, partner-led model across five international corridors (Japan, Israel, Europe-Nordics, North America) rather than heavy capital expenditure or setting up new staffing companies overseas.
  • Recent strategic investment includes partnerships, such as the one announced in June for the Japanese corridor, enabling market entry without significant capex.
  • The company is continuing to invest significantly in digital platforms and AI-driven recruitment solutions to build a blue-collar jobs market and enhance workforce solutions.

2 more points from Quess Corp Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Quess Corp Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising
  • General Staffing segment currently has over 37,000 open mandates at quarter-end (Q1 FY27).
  • The sales pipeline for General Staffing is described as strong and healthy as the company moves into Q2 FY27.
  • Professional Staffing segment has an open-mandate pipeline of over 1,100 roles.
  • The company added 86 new accounts/contracts in General Staffing during Q1 FY27, expected to build volumes in Q2.

2 more points from Quess Corp Ltd's call on the order book

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Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Commercial Services & Supplies
on management's own guidance

  1. Strong growth
    2
  2. 1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Commercial Services & Supplies companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,470 Cr162.7
240%+Up 2%+₹41 Cr6.6
340%+Flat₹556 Cr40.0
440%+Flat₹102 Cr10.4
520–40%Up 2%+₹3,473 Cr40.9
620–40%Up 0–2%₹872 Cr13.3

Financials of Quess Corp Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Quess Corp Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +4,4404,6004,7484,8423,5373,5873,7054,0193,6563,6513,8323,9303,892
Expenses +4,2884,4464,5854,6563,4773,5243,6363,9573,5893,5823,7553,8503,806
Operating Profit152154164186606369626770778086
OPM %3%3%3%4%2%2%2%2%2%2%2%2%2%
Other Income +4414-155661-1-14734-57
Interest31272840811109910131314
Depreciation76697072151110101010101111
Profit before tax4862795992485042-9952575169
Tax %38%23%11%-8%-6%-1%-1%1%-4%2%10%-8%7%
Net Profit +3048716498495142-9551525564
EPS in Rs2.233.234.834.306.363.303.402.80-6.413.423.463.684.30

Financials of Quess Corp Ltd

Profit & Loss

Annual income statement trend

Mar 2015 15mMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +2,5673,4354,3156,1678,52710,99110,83713,69217,15819,10014,96715,305
Expenses +2,4363,2844,0755,8058,06810,34110,38713,06716,57018,40014,70414,993
Operating Profit131151240362459650449624589700263312
OPM %5%4%6%6%5%6%4%5%3%4%2%2%
Other Income +69155071-6177827800-1418
Interest23314977117169114821101213949
Depreciation101433751232492292122752834142
Profit before tax104115172261289-38418535828429542230
Tax %36%29%29%-18%11%12%60%30%22%5%-10%3%
Net Profit +6781122310257-4327425122328046222
EPS in Rs26.057.179.6121.3717.57-30.153.9216.3015.1418.713.0814.84
Dividend Payout %0%0%0%0%0%0%179%25%53%53%325%74%

Financials of Quess Corp Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital26113127145146148148148148149149149
Reserves2262431,1782,3152,5802,1282,1952,2902,4212,6509361,017
Borrowings +2243937791,1668311,4737919151,011838113124
Other Liabilities +2445007801,2711,4551,5701,5862,0932,5392,6181,6141,748
Total Liabilities7191,2502,8644,8985,0125,3184,7205,4456,1196,2552,8123,039
Fixed Assets +1292521,1721,6321,6561,4871,5051,6571,7961,695341388
CWIP02821553115183300
Investments0478286128106541025093051
Other Assets +5909921,6072,9783,2123,7213,1313,6714,2554,4342,4712,600
Total Assets7191,2502,8644,8985,0125,3184,7205,4456,1196,2552,8123,039

Financials of Quess Corp Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +38-5068109202361715554466529380230
Cash from Investing Activity +-69-10-574-794182-170-105-188450-333-73
Cash from Financing Activity +8086707948-44513-834-441-443-496-318-237
Net Cash Flow4927201263-61204-223-752783-271-80
Free Cash Flow24-723024106304654471368431379221
CFO/OP61%-1%64%52%82%78%123%103%113%96%95%95%

Financials of Quess Corp Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days394343543933616257533719
Inventory Days
Days Payable
Cash Conversion Cycle394343543933616257533719
Working Capital Days-1-8-12-131-61133758
ROCE %35%24%16%12%11%12%8%13%9%12%10%23%

Guidance history

How Quess Corp Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatNone planned—Rising
Q4 FY26 call →0–10%Up 0–2%Planned——
Q3 FY26 call →0–10%FlatPlanned—Rising
Q2 FY26 call →0–10%Flat———

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

41out of 100

Momentum score · price trend

41 out of 100 — Steady

Over the past year its share price has moved roughly in the middle of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+29.1%78%
Last 6 months+64.2%92%
Last 3 months+4.8%72%

The price is 43.5% below its all-time high of ₹573.97 (15 Jun 2018). Stocks more than 20% below their peak have their score halved, so 82 became 41.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Quess Corp Ltd: 0.4 × 78 + 0.4 × 92 + 0.2 × 72 = 82, halved to 41 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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