Quess Corp (QUESS)₹345.70+8.52%Diversified Commercial Services
In the Sep 2026 quarter (consolidated), Quess Corp reported sales of ₹4,385 Cr, up 14.9% from Sep 2025, and net profit of ₹75.03 Cr, up 44.1% year on year. For the year to Mar 2026, sales were ₹15,266 Cr and net profit ₹222 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,824 | 3,524 | 3,573 | 3,695 | 4,006 | 3,642 | 3,639 | 3,818 | 3,915 | 3,882 | 4,166 | 4,385 |
| Expenses | 4,670 | 3,487 | 3,533 | 3,645 | 3,966 | 3,598 | 3,593 | 3,761 | 3,858 | 3,816 | 4,108 | 4,323 |
| Operating Profit | 186 | 60.07 | 63.11 | 69.13 | 62.07 | 67.12 | 70.13 | 77.19 | 80.15 | 86.11 | 85.22 | 86.12 |
| OPM % | 3.8% | 1.7% | 1.8% | 1.9% | 1.6% | 1.8% | 1.9% | 2.0% | 2.0% | 2.2% | 2.0% | 1.9% |
| Other Income | −15.04 | 56.14 | 6.01 | 1.01 | −1.01 | −147 | 3.01 | 4.01 | −5.02 | 7.02 | 26.06 | 2.01 |
| Interest | 39.99 | 7.99 | 10.99 | 10.01 | 9.01 | 8.99 | 9.99 | 12.99 | 12.99 | 14.01 | 13.99 | 14.01 |
| Depreciation | 72.09 | 15.03 | 11.01 | 10.02 | 10.02 | 10.01 | 10.02 | 10.02 | 11.02 | 11.01 | 10.02 | 9.01 |
| Profit before tax | 58.99 | 92.07 | 47.98 | 50.03 | 42.03 | −99.02 | 52.04 | 57.04 | 51.02 | 68.96 | 85.97 | 65.07 |
| Tax % | −8.0% | −6.0% | −1.0% | −1.0% | 1.0% | −4.0% | 2.0% | 10.0% | −8.0% | 7.0% | 4.0% | −16.0% |
| Exceptional items | −20.06 | 56.17 | 0.00 | 0.00 | −6.02 | −157 | −2.01 | 0.00 | −6.02 | 1.01 | 0.00 | 0.00 |
| Net Profit | 64.03 | 98.07 | 49.07 | 51.03 | 42.06 | −95.13 | 51.07 | 52.07 | 55.04 | 64.09 | 82.04 | 75.03 |
| EPS (Rs) | 4.29 | 6.34 | 3.29 | 3.39 | 2.79 | −6.39 | 3.41 | 3.45 | 3.66 | 4.28 | 5.46 | 4.98 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,424 | 4,298 | 6,149 | 8,497 | 10,954 | 10,794 | 13,652 | 17,105 | 13,645 | 14,909 | 15,266 | 16,349 |
| Expenses | 3,292 | 4,082 | 5,822 | 8,081 | 10,366 | 10,402 | 13,101 | 16,612 | 13,499 | 14,682 | 15,017 | 16,105 |
| Operating Profit | 151 | 241 | 362 | 460 | 651 | 450 | 625 | 590 | 237 | 322 | 325 | 338 |
| OPM % | 4.4% | 6.1% | 6.0% | 5.0% | 6.0% | 4.2% | 4.6% | 3.4% | 1.7% | 2.1% | 2.1% | 2.1% |
| Other Income | 9.02 | 15.03 | 50.15 | 71.18 | −619 | 78.16 | 27.08 | 80.26 | 159 | −199 | −4.01 | 30.07 |
| Interest | 30.96 | 48.99 | 76.99 | 117 | 169 | 114 | 81.94 | 110 | 58.99 | 38.98 | 50.01 | 55.00 |
| Depreciation | 14.02 | 33.06 | 75.16 | 123 | 249 | 229 | 212 | 276 | 58.12 | 41.04 | 42.05 | 41.06 |
| Profit before tax | 115 | 172 | 261 | 289 | −384 | 185 | 358 | 284 | 278 | 42.01 | 230 | 271 |
| Tax % | 29.0% | 29.0% | −18.0% | 11.0% | 12.0% | 60.0% | 30.0% | 22.0% | −1.0% | −10.0% | 3.0% | — |
| Exceptional items | 0.00 | −1.01 | −5.01 | 6.02 | −581 | 14.06 | 7.03 | 39.13 | −1.01 | −215 | −19.07 | −5.01 |
| Net Profit | 81.11 | 122 | 311 | 257 | −432 | 74.08 | 251 | 223 | 280 | 46.06 | 222 | 276 |
| EPS (Rs) | 7.15 | 9.58 | 21.28 | 17.51 | −30.02 | 3.91 | 16.23 | 15.07 | 18.65 | 3.07 | 14.78 | 18.38 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 179.0% | 24.9% | 53.0% | 53.0% | 324.9% | 73.9% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26.03 | 113 | 127 | 145 | 146 | 148 | 148 | 148 | 148 | 149 | 149 | 149 |
| Reserves | 226 | 243 | 1,180 | 2,320 | 2,583 | 2,131 | 2,198 | 2,294 | 2,422 | 2,650 | 936 | 1,017 |
| Borrowings | 224 | 392 | 779 | 1,167 | 830 | 1,473 | 792 | 915 | 1,009 | 836 | 113 | 123 |
| Other Liabilities | 245 | 502 | 784 | 1,277 | 1,462 | 1,578 | 1,594 | 2,029 | 2,551 | 2,631 | 1,619 | 1,754 |
| Total Liabilities | 720 | 1,252 | 2,870 | 4,911 | 5,021 | 5,329 | 4,732 | 5,385 | 6,130 | 6,265 | 2,816 | 3,044 |
| Fixed Assets | 130 | 253 | 1,176 | 1,639 | 1,662 | 1,492 | 1,511 | 1,663 | 1,804 | 1,701 | 342 | 388 |
| CWIP | 0.00 | 1.99 | 7.99 | 1.99 | 14.97 | 4.99 | 30.97 | 14.98 | 17.97 | 32.94 | 0.00 | 1.99 |
| Investments | 0.00 | 4.01 | 78.03 | 286 | 128 | 106 | 53.99 | 102 | 50.02 | 93.01 | 0.00 | 51.05 |
| Other Assets | 591 | 993 | 1,609 | 2,984 | 3,215 | 3,727 | 3,137 | 3,605 | 4,258 | 4,438 | 2,474 | 2,604 |
| Inventories | 0.00 | 1.99 | 6.99 | 7.99 | 21.99 | 27.98 | 28.98 | 27.01 | 27.99 | 6.99 | 0.00 | 0.00 |
| Trade receivables | 275 | 405 | 510 | 922 | 915 | 999 | 1,803 | 2,336 | 2,692 | 2,777 | 1,530 | 1,584 |
| Cash & equivalents | 81.84 | 109 | 463 | 836 | 585 | 758 | 565 | 511 | 565 | 545 | 267 | 207 |
| Total Assets | 720 | 1,252 | 2,870 | 4,911 | 5,021 | 5,329 | 4,732 | 5,385 | 6,130 | 6,265 | 2,816 | 3,044 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 37.84 | −49.82 | 67.80 | 109 | 201 | 359 | 713 | 552 | 464 | 527 | 379 | 229 |
| Cash from investing activity | −69.13 | −10.02 | −575 | −796 | 182 | −170 | −105 | −188 | 4.01 | 50.12 | −334 | −64.07 |
| Cash from financing activity | 80.17 | 86.15 | 709 | 951 | −446 | 13.03 | −836 | −442 | −444 | −498 | −319 | −238 |
| Net cash flow | 48.90 | 26.97 | 201 | 263 | −60.97 | 204 | −223 | −74.93 | 26.96 | 82.89 | −270 | −70.97 |
| Capex | 15.02 | 23.04 | 38.06 | 85.12 | 96.18 | 57.10 | 65.05 | 85.08 | 104 | 103 | 2.01 | 9.01 |
| Free cash flow | 24.01 | −72.01 | 30.01 | 24.03 | 106 | 304 | 654 | 471 | 368 | 431 | 379 | 221 |
| CFO / OP % | 60.9% | −1.0% | 63.9% | 51.9% | 81.9% | 77.9% | 122.9% | 102.9% | 112.9% | 284.9% | 77.9% | 91.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 39 | 43 | 43 | 54 | 39 | 33 | 61 | 62 | 57 | 74 | 37 | 38 |
| Cash conversion cycle | 39 | 43 | 43 | 54 | 39 | 33 | 61 | 62 | 57 | 74 | 37 | 38 |
| Working capital days | 0 | −7 | −11 | −12 | 2 | −5 | 12 | 6 | 4 | 10 | 6 | 8 |
| ROCE % | 35.0% | 24.1% | 16.0% | 12.1% | 11.1% | 12.0% | 8.0% | 13.1% | 9.1% | 5.0% | 12.1% | 24.0% |
For the Sep 2026 quarter, Quess Corp reported sales of ₹4,385 Cr, up 14.9% year on year and net profit of ₹75.03 Cr, up 44.1% year on year. The operating margin was 1.9%.
Quess Corp's sales for the year to Mar 2026 were ₹15,266 Cr; over the last twelve months they were ₹16,349 Cr.
Net profit for the year to Mar 2026 was ₹222 Cr, and ₹276 Cr over the last twelve months. Earnings per share over the same trailing period were ₹18.38.
Quess Corp reported borrowings of ₹123 Cr at Mar 2026, against cash and equivalents of ₹207 Cr.
Cash from operations was ₹229 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹221 Cr.