Loading…
← CockpitCompetitor Analysis › QUESS.NS Quess Corp. Ltd.Open in the cockpit ↗

Quess Corp. Ltd.QUESS.NSCompetitor analysis, valuation and peers

India · INR·Industrials›Personnel Services
Momentum leader 84
Mkt cap
$505M
US dollars, full cap
Free float
36%
of shares outstanding
$/day
$707,976
20-day average traded
Fwd P/E
17.1×
forward earnings
ROIC−WACC
+5.6 pp
WACC 12.7%
Hurdle
+9 pp
Req g minus delivered
Next earnings
84 days
29 Jan 2027
Close · INR₹320.10
1D-2.6%
1W+4.6%
1M-2.5%
3M+1.5%
6M+41.1%
YTD+55.7%
1Y+30.1%
ATR %4.7%
Beta0.82
52w lowhigh17.7% off high

What Quess does

Employees: 450,279

Quess at a glance

Size Quess (QUESS.NS) is an India Industrials company (Personnel Services) with a market value of $505M, the 832nd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹320.10 on 6 Nov 2026.

Performance Over six months the shares gained 41.1%, against +8.1% for the median peer and 0.0% for the India market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue fell 12.1% over the last twelve months (peer median +1.6%); the operating margin is 1.8% (peer median 4.3%).

Valuation It trades at 17.1× forward earnings against a peer median of 13.7× (8th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 5.6 points above its cost of capital (12.7% WACC).

Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).

Relative performance

10012515017511 May 202611 Aug 20266 Nov 2026QUESS.NS 143Peer median 109
Six months, rebased to 100: Quess against the median of its 20 peers (local-currency closes).

Quess financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹158B₹153B₹150B₹137B₹172B
Revenue growth—+2%+9%-20%—
Gross profit₹2.86B₹4.85B₹4.61B₹4.58B₹10.1B
EBITDA₹3.27B₹3.18B₹2.58B₹2.34B₹5.94B
Net income₹2.53B₹2.22B₹458M₹2.78B₹2.24B
Free cash flown/a₹2.00B₹3.70B₹3.77B₹3.05B
Capital expendituren/a₹86.6M₹17.0M₹1.03B₹1.04B
Total debtn/a₹1.24B₹1.13B₹8.38B₹10.1B

Quarterly statements and history in the cockpit →

Quess competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%+60%-10%0%4849KELYACHZ2379STEMCEN48483006622170TBIBBSI2168SDG464124292146PAGEGPPKFRC2154QUESS.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Quess is the large dot.

Fundamentals: revenue growth against valuation

0%+20%20×40×60×4849KELYACHZ2379STEMCEN48483006622170BBSI464124292146PAGE2154QUESS.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Quess is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%+30%0%20%4849KELYACHZ2379STEM48483006622170BBSISDG2429PAGEGPPKFRC2154QUESS.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Quess is the large dot.

Quess competitors and peer comparison

How Quess compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Quess against its 20 peers (data as of 6 Nov 2026)
MeasureQUESS.NSPeer medianRank in peer set
1-month return-2.5%-1.5%10th lowest of 21
6-month return+41.1%+8.1%5th highest of 21
Distance from 52-week high-17.7%-12.3%8th lowest of 21
Revenue growth (TTM)-12.1%+1.6%2nd lowest of 21
Operating margin1.8%4.3%6th lowest of 21
Forward P/E17.1×13.7×8th most expensive of 20
Growth the price implies (Req g, 7 yrs)16.3%-0.3%2nd most demanding of 18
Growth delivered (Del g)+7.1%+7.7%9th lowest of 18
Hurdle (Req g minus delivered)+9.1 pp-12.1 pp4th most demanding of 18
ROIC minus cost of capital+5.6 pp+7.1 pp10th lowest of 21
Net debt / EBITDA-0.4×-1.1×8th most indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Quess QUESS.NSIndia$505M+41%-12%2%17.1×16.3%+7.1%
en Inc. 4849.TJapan$504M+60%-11%7%9.6×5.3%+6.7%
Kelly Services KELYAUnited States$507M+40%-10%1%10.2×12.8%-1.2%
HRnetGroup CHZ.SISingapore$519M-9%+1%7%14.0×-13.1%+6.2%
dip 2379.TJapan$520M-17%-9%7%68.1×-1.1%+11.0%
SThree STEM.LUnited Kingdom$481M+65%-9%2%42.2×10.2%+1.6%
Groupe Crit CEN.PAFrance$534M-20%+1%3%8.3×n/an/a
Fullcast 4848.TJapan$401M+12%+33%9%11.6×-12.6%+12.3%
Beijing Career International 300662.SZChina$643M-10%+13%2%12.0×10.6%+29.9%
Link and Motivation 2170.TJapan$376M+4%+11%13%17.5×-0.3%+6.2%
TrueBlue TBIUnited States$370M+117%+10%-2%17.6×n/an/a
Barrett Business Services BBSIUnited States$725M0%+6%4%18.2×1.9%+7.1%
Pasona 2168.TJapan$344M-12%0%0%n/an/an/a
Synergie SDG.PAFrance$753M-3%+5%3%11.8×-13.4%+8.2%
Altech 4641.TJapan$329M+4%+6%9%13.7×-13.7%+8.0%
World 2429.TJapan$302M+4%+11%3%6.2×-3.5%+14.6%
UT Group Co.,Ltd. 2146.TJapan$868M+22%-13%7%16.1×6.7%+7.7%
Michael Page PAGE.LUnited Kingdom$896M+60%-3%2%43.4×23.5%+4.1%
Grupa Pracuj spolka akcyjna GPP.WAPoland$919M+23%+5%37%13.1×-1.9%+22.1%
Kforce KFRCUnited States$970M+25%+2%5%18.0×9.8%-1.0%
Open Up 2154.TJapan$1.11B+12%-11%10%13.1×-6.5%+11.1%

Questions

Which companies are Quess's closest peers?
The cockpit's peer set: en Inc. (4849.T), Kelly Services (KELYA), HRnetGroup (CHZ.SI), dip (2379.T), SThree (STEM.L), Groupe Crit (CEN.PA), Fullcast (4848.T), Beijing Career International (300662.SZ).
Is Quess expensive compared with its peers?
On forward p/e it trades at 17.1× against a peer median of 13.7×, 8th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Quess stock performed?
Over six months to 6 Nov 2026 the shares returned +41.1% against +8.1% for the median peer; over one year +30.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.