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Quess

BSE:539978
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
539978
BSE
₹105B
Market Cap
  1. Home
  2. IN
  3. Commercial Services
Company description

Quess Corp Limited operates as an integrated business services provider in India, the Middle East, South-East Asia, North America, and South America. The last earnings update was 85 days ago. More info.


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539978 Share Price and Events
7 Day Returns
1.3%
BSE:539978
1.3%
IN Professional Services
1.1%
IN Market
1 Year Returns
-32.1%
BSE:539978
4.3%
IN Professional Services
-0.9%
IN Market
539978 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quess (539978) 1.3% -8.7% 5.8% -32.1% - -
IN Professional Services 1.3% 1% 3.5% 4.3% 223.2% 10.7%
IN Market 1.1% 1.8% 5.7% -0.9% 41% 72.2%
1 Year Return vs Industry and Market
  • 539978 underperformed the Professional Services industry which returned 4.3% over the past year.
  • 539978 underperformed the Market in India which returned -0.9% over the past year.
Price Volatility
539978
Industry
5yr Volatility vs Market

Value

 Is Quess undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Quess to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Quess.

BSE:539978 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.6%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:539978
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.867 (1 + (1- 35%) (7.42%))
0.939
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.94
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.939 * 8.6%)
15.62%

Discounted Cash Flow Calculation for BSE:539978 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Quess is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:539978 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 15.62%)
2019 1,375.00 Analyst x4 1,189.22
2020 2,959.00 Analyst x3 2,213.43
2021 3,295.50 Analyst x4 2,132.07
2022 3,618.53 Est @ 9.8% 2,024.76
2023 3,948.78 Est @ 9.13% 1,911.01
2024 4,290.49 Est @ 8.65% 1,795.84
2025 4,647.56 Est @ 8.32% 1,682.47
2026 5,023.58 Est @ 8.09% 1,572.88
2027 5,421.88 Est @ 7.93% 1,468.22
2028 5,845.60 Est @ 7.81% 1,369.08
Present value of next 10 years cash flows ₹17,358.97
BSE:539978 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹5,845.60 × (1 + 7.55%) ÷ (15.62% – 7.55%)
₹77,887.35
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹77,887.35 ÷ (1 + 15.62%)10
₹18,241.82
BSE:539978 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹17,358.97 + ₹18,241.82
₹35,600.79
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹35,600.79 / 146.08
₹243.7
BSE:539978 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹243.70
Current discount Discount to share price of ₹715.35
= -1 x (₹715.35 - ₹243.70) / ₹243.70
-193.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Quess is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Quess's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quess's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:539978 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹17.66
BSE:539978 Share Price ** BSE (2019-04-18) in INR ₹715.35
India Professional Services Industry PE Ratio Median Figure of 16 Publicly-Listed Professional Services Companies 14.5x
India Market PE Ratio Median Figure of 2,736 Publicly-Listed Companies 16.34x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Quess.

BSE:539978 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:539978 Share Price ÷ EPS (both in INR)

= 715.35 ÷ 17.66

40.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quess is overvalued based on earnings compared to the IN Professional Services industry average.
  • Quess is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Quess's expected growth come at a high price?
Raw Data
BSE:539978 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 40.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
34.2%per year
Asia Professional Services Industry PEG Ratio Median Figure of 5 Publicly-Listed Professional Services Companies 1.69x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

BSE:539978 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 40.5x ÷ 34.2%

1.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quess is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Quess's assets?
Raw Data
BSE:539978 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹178.18
BSE:539978 Share Price * BSE (2019-04-18) in INR ₹715.35
India Professional Services Industry PB Ratio Median Figure of 22 Publicly-Listed Professional Services Companies 1.13x
India Market PB Ratio Median Figure of 3,627 Publicly-Listed Companies 1.11x
BSE:539978 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:539978 Share Price ÷ Book Value per Share (both in INR)

= 715.35 ÷ 178.18

4.01x

* Primary Listing of Quess.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quess is overvalued based on assets compared to the IN Professional Services industry average.
X
Value checks
We assess Quess's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Quess has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Quess expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Quess expected to grow at an attractive rate?
  • Quess's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Quess's earnings growth is expected to exceed the India market average.
  • Quess's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:539978 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:539978 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 34.2%
BSE:539978 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 18.4%
India Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 20.6%
Asia Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 16.2%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:539978 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:539978 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 121,226 4,040 5,070 10
2020-03-31 102,625 2,745 3,797 11
2019-03-31 85,228 2,407 2,623 11
BSE:539978 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 81,230 2,572
2018-09-30 75,348 2,544
2018-06-30 68,383 3,201
2018-03-31 61,673 1,087 3,110
2017-12-31 53,585 2,836
2017-09-30 46,108 2,325
2017-06-30 43,545 1,219
2017-03-31 43,149 684 1,219
2016-12-31 40,317 1,208
2016-09-30 39,116 1,072
2016-06-30 36,957 952
2016-03-31 34,350 -495 812

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Quess's earnings are expected to grow significantly at over 20% yearly.
  • Quess's revenue is expected to grow by 18.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:539978 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Quess Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539978 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 35.00 42.84 30.54 9.00
2020-03-31 26.15 32.39 20.22 10.00
2019-03-31 18.54 23.26 17.20 9.00
BSE:539978 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 17.66
2018-09-30 17.48
2018-06-30 22.25
2018-03-31 22.05
2017-12-31 20.90
2017-09-30 18.16
2017-06-30 9.66
2017-03-31 9.74
2016-12-31 9.96
2016-09-30 9.13
2016-06-30 8.36
2016-03-31 7.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Quess is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Quess's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Quess has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Quess performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Quess's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Quess has delivered over 20% year on year earnings growth in the past 5 years.
  • Quess's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Quess's 1-year earnings growth is negative, it can't be compared to the IN Professional Services industry average.
Earnings and Revenue History
Quess's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Quess Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:539978 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 81,229.71 2,571.74 1,052.64
2018-09-30 75,347.67 2,544.10 1,052.64
2018-06-30 68,383.09 3,201.27 1,052.64
2018-03-31 61,672.61 3,109.87 1,052.64
2017-12-31 53,584.53 2,835.66 601.52
2017-09-30 46,107.55 2,325.46 601.52
2017-06-30 43,545.07 1,219.02 601.52
2017-03-31 43,149.32 1,218.96 614.47
2016-12-31 40,317.36 1,207.52 311.12
2016-09-30 39,115.67 1,071.63 311.12
2016-06-30 36,957.23 951.97 311.12
2016-03-31 34,350.14 811.80 387.87
2015-03-31 20,536.46 537.73 170.51
2013-12-31 13,413.50 238.19 97.93
2013-03-31 10,011.53 120.73 94.52

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Quess has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Quess used its assets less efficiently than the IN Professional Services industry average last year based on Return on Assets.
  • Quess's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Quess's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Quess has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Quess's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Quess's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quess is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Quess's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Quess's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Quess Company Filings, last reported 3 months ago.

BSE:539978 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 25,935.36 7,751.49 8,293.49
2018-09-30 25,935.36 7,751.49 8,293.49
2018-06-30 24,623.41 10,087.56 10,339.16
2018-03-31 24,623.41 10,087.56 10,339.16
2017-12-31 18,601.88 5,980.30 10,438.88
2017-09-30 18,601.88 5,980.30 10,438.88
2017-06-30 8,370.56 7,627.07 4,596.07
2017-03-31 13,056.49 7,785.52 4,625.98
2016-12-31 7,959.99 3,999.69 2,636.45
2016-09-30 7,959.99 3,999.69 2,636.45
2016-06-30 3,455.75 3,932.98 1,093.53
2016-03-31 3,566.23 3,932.98 1,093.53
2015-03-31 2,519.20 2,296.72 818.25
2013-12-31 1,845.33 824.78 290.84
2013-03-31 846.27 902.13 233.68
  • Quess's level of debt (29.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (44.8% vs 29.9% today).
  • Debt is not well covered by operating cash flow (14%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).
X
Financial health checks
We assess Quess's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Quess has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Quess's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Quess dividends. Estimated to be 0% next year.
If you bought ₹2,000 of Quess shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Quess's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Quess's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:539978 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
India Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:539978 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 0.00 1.00
2020-03-31 0.00 1.00
2019-03-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Quess has not reported any payouts.
  • Unable to verify if Quess's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Quess's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Quess has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Quess's dividends in 3 years as they are not expected to pay a notable one for India.
X
Income/ dividend checks
We assess Quess's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Quess afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quess has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Quess's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Subrata Nag
COMPENSATION ₹11,971,000
AGE 55
TENURE AS CEO 1.3 years
CEO Bio

Mr. Subrata Kumar Nag has been Group Chief Executive Officer & Executive Director of Quess Corp Limited since January 24, 2018 and served as its Acting Compliance Officer from January 2019 until April 17, 2019. A seasoned finance professional with over three decades of experience, he is responsible for implementing Quess Corp Limited’s overall long and short term strategies across all geographies. Mr. Nag served as Chief Financial Officer of Quess Corp Limited from June 2008 to January 24, 2018. He has been associated with Quess since 2008. Mr. Nag served as Finance Controller of Mindteck (India) Limited. He served as Chief Financial Officer of Ilantus Technologies Private Limited, an IT Consulting firm funded by Intel. He has also held positions of repute in well established companies like Shaw Wallace, Nicco Infotech and Nicco Corporation. He handled a couple of major acquisitions in USA and Singapore and was also involved in executing the merger of group companies in USA. He served as an Executive Wholetime Director of Quess Corp Limited since July 29, 2013. He has 19 years of experience his proficiency lies in the fields of fund management, taxation/ statuary compliance, auditing, financial manning and Company Secretary functioning. He holds multiple degrees in Cost accountancy, company secretarship as well as an MBA (finance). He holds a Masters degree in Business Management from the University of Calcutta.

CEO Compensation
  • Subrata's compensation has been consistent with company performance over the past year.
  • Subrata's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Quess management team in years:

3
Average Tenure
51
Average Age
  • The tenure for the Quess management team is about average.
Management Team

Ajit Isaac

TITLE
Chairman & MD
COMPENSATION
₹19M
AGE
51
TENURE
5.9 yrs

Subrata Nag

TITLE
Group CEO & Executive Director
COMPENSATION
₹12M
AGE
55
TENURE
1.3 yrs

Manoj Jain

TITLE
Chief Financial Officer
COMPENSATION
₹11M
AGE
48
TENURE
1.3 yrs

R. Abhinandan

TITLE
Vice President of Strategy & Investment

Kundan Lal

TITLE
Company Secretary & Compliance Officer

Vinay Rao

TITLE
Head of Marketing & Communication

K. Hithendra

TITLE
Managing Partner of Search

Guru Guruprasad

TITLE
President of Global Business Services

Vijay Sivaram

TITLE
APAC Head

Dhananjay Bansod

TITLE
Managing Partner of Executive Search Business
TENURE
4.8 yrs
Board of Directors Tenure

Average tenure and age of the Quess board of directors in years:

3.8
Average Tenure
61
Average Age
  • The tenure for the Quess board of directors is about average.
Board of Directors

Subrata Nag

TITLE
Group CEO & Executive Director
COMPENSATION
₹12M
AGE
55
TENURE
5.8 yrs

Madhavan Menon

TITLE
Non Executive Director
AGE
63
TENURE
5.9 yrs

Ajit Isaac

TITLE
Chairman & MD
COMPENSATION
₹19M
AGE
51
TENURE
5.9 yrs

Pratip Chaudhuri

TITLE
Non-Executive Independent Director
COMPENSATION
₹750K
AGE
65
TENURE
3.8 yrs

Pravir Vohra

TITLE
Non-Executive Independent Director
COMPENSATION
₹770K
AGE
64
TENURE
3.8 yrs

Revathy Ashok

TITLE
Non-Executive Independent Director
COMPENSATION
₹790K
AGE
59
TENURE
3.8 yrs

Chandran Ratnaswami

TITLE
Non Executive Director
AGE
69
TENURE
3.3 yrs

Sanjay Anandaram

TITLE
Non-Executive Independent Director
COMPENSATION
₹710K
AGE
54
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • Quess insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
13. Feb 19 Sell Ratish Nair Individual 07. Feb 19 07. Feb 19 -5,000 ₹640.74 ₹-3,203,725
28. Dec 18 Sell Lohit Bhatia Individual 02. Nov 18 26. Dec 18 -1,750 ₹708.62 ₹-1,240,091
30. Oct 18 Buy Pravir Vohra Individual 29. Oct 18 29. Oct 18 1,500 ₹690.00 ₹1,035,000
X
Management checks
We assess Quess's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Quess has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does Quess Corp Limited's (BOM:539978) PE Ratio Signal A Selling Opportunity?

and want to begin learning the link between Quess Corp Limited (BOM:539978)’s fundamentals and stock market performance. … Quess Corp Limited (BOM:539978) is currently trading at a trailing P/E of 54.5x, which is higher than the industry average of 26.1x. … While this makes 539978 appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio.

Simply Wall St -

May Growth Opportunities – Quess And More

Stocks such as Quess and National Peroxide are considered to be high growth in terms of how much they’re expected to earn and return to shareholders, according to the market. … 539978’s forecasted bottom line growth is an optimistic 23.25%, driven by the underlying 63.08% sales growth over the next few years. … 500298’s forecasted bottom line growth is an optimistic double-digit 31.00%, driven by the underlying double-digit sales growth of 28.04% over the next few years.

Simply Wall St -

Company Info

Description

Quess Corp Limited operates as an integrated business services provider in India, the Middle East, South-East Asia, North America, and South America. It operates through People and Services, Global Technology Solutions, Integrated Facility Management, Industrials, and Internet Business segments. The People and Services segment offers staffing services and solutions, including general staffing, recruitment and executive search, and recruitment process outsourcing services, as well as payroll, compliance, and background verification services under the IKYA and CoAchieve brands; and training and skill development services under the Excelus brand. The Global Technology Solutions segment provides IT staffing, and technology solutions and products under the Magna Infotech, Brainhunter, Mindwire, and MFX brands. The Integrated Facility Management segment provides facility management services comprising janitorial, electro-mechanical, and pest control, as well as food and hospitality services to corporates, airports, and other organizations under the Avon and Aravon brands. The Industrials segment engages in industrial operations and maintenance, and related asset record maintenance under the Hofincons brand across the power, energy, oil and gas, chemical, and ferrous and non-ferrous metal industries. This segment also provides technology and consultation services to industrial clients; and tower maintenance and network deployment services for telecom companies under the Maxeed brand. The Internet Business offers recruitment solutions, such as resume database access, job postings, distribution of access rights of third party products and services, consumer services, and fee for Internet advertisement services. 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 founded in 2007 and is headquartered in Bengaluru, India.

Details
Name: Quess Corp Limited
539978
Exchange: BSE
Founded: 2007
₹104,501,785,286
146,084,833
Website: http://www.quesscorp.com
Address: Quess Corp Limited
Quess House,
3/3/2 Bellandur Gate,
Bengaluru,
Karnataka, 560103,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 539978 Equity Shares Mumbai Stock Exchange IN INR 12. Jul 2016
NSEI QUESS Equity Shares National Stock Exchange of India IN INR 12. Jul 2016
BSE 539978 Equity Shares Mumbai Stock Exchange IN INR 19. Apr 2019
Number of employees
Current staff
Staff numbers
280,400
Quess employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 12:59
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/10
Last earnings filing: 2019/01/24
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.