Quess Corp share price today

Quess Corp Ltd's share price was ₹318.75 at the close on 3 November 2026. It has been rising for 17 weeks. That is 11.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹174 and ₹372, and at that close it sat 73% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Quess Corp Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 33 weeks in a row.

Over the last 10 years the share price moved +37% while the NIFTY 500 moved +203%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: promoters cut their stake for 6 quarters in a row, profit up on a year earlier for 6 quarters in a row and highest quarterly revenue in 11 quarters.

1. Promoters cut their stake for 6 quarters in a row

   From 57% to 56.8% of the company by the September 2026 quarter.

2. Profit up on a year earlier for 6 quarters in a row

   In the September 2026 quarter profit was ₹75 crore, +44.2% on a year earlier.

3. Highest quarterly revenue in 11 quarters

   Revenue of ₹4,396 crore in the September 2026 quarter is the highest of the last 11 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Quess Corp reported revenue of ₹4,396 crore, up 14.7% from ₹3,832 crore a year earlier, and a profit of ₹75.0 crore, up 44.2% from ₹52.0 crore.

Quess Corp results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 30 July 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Quess Corp closed at ₹318.75 on 3 November 2026, up 33.0% from ₹239.75 a year earlier (31 October 2025) and down 26.0% over five years. Its highest weekly close since July 2016 was ₹573.97 on 15 June 2018.

Quess Corp share price: then and now

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

545 weekly closes from 15 July 2016 to 3 November 2026.

6 Nov 2026: Coming up: ex-date for an interim dividend of ₹5 a share. 3 Nov 2026: Quess Corp closed at ₹318.75, up 3.1% on the week and down 5.2% on the month.

Earlier

• Results for July to September 2026: Revenue up 14.7% and profit up 44.2% on a year earlier.
• Our read, 22 Aug 2026: Quess has a mix-led earnings recovery, but the case remains conditional on labor-code completion and cleaner conversion of reported profit into operating profit.
• 7 Aug 2026: ex-date for a dividend of ₹3 a share.
• 30 Jul 2026: Quess Corp held its results call for April to June 2026. Management guided: FY27 general staffing headcount growth of 10.0%-11.0% annually, equivalent to 40,000-50,000 additions; Q2 festive demand and conversion of 86 new accounts and 37,000 open mandates.
• 8 May 2026: ex-date for a special dividend of ₹3 a share.
• 6 Feb 2026: ex-date for an interim dividend of ₹5 a share.

Our read of the business

Labor-code coverage, general-staffing execution, and other-income quality are the deciding checks.

Latest quarter: Revenue and reported profit increased, while margin eased sequentially and other income supported the reported result.

Our read after the latest results, written 22 August 2026.

Quess Corp paid ₹8 a share in regular dividends in the 12 months to 4 November 2026 (3 payments), a yield of 2.51% at the ₹318.75 close on 3 November 2026. The last was a dividend of ₹3 a share, ex-date 7 August 2026. Next: ₹5 a share, ex-date 6 November 2026.

Quess Corp dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Quess Corp Ltd paid out 74% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 13 reported years.

From the NSE corporate-actions record, read 4 November 2026.

On the call for April to June 2026, held on 30 July 2026, Quess Corp's management guided: FY27 general staffing headcount growth of 10.0%-11.0% annually, equivalent to 40,000-50,000 additions; Q2 festive demand and conversion of 86 new accounts and 37,000 open mandates.

“Over the next 3 to 4 years, we aspire to have 20.0%-25.0% of revenues coming from higher-margin businesses, changing the underlying composition of our company, as well as the margin profile and trajectory.”Rohit Bhatia, on the call for April to June 2026

What management guided

• Labor-code customer coverage is expected to reach full coverage by end Q2 or early Q3; remaining liability should be below ₹176 crore and normal liability thereafter small.
• Professional staffing operating margin of 11.0%-12.0% and ₹30 crore quarterly operating profit run rate - margin extracted under Q&A, range, ongoing/FY27; run-rate goal prepared, specific, timeframe not stated.
• Overseas operating margin guided to 6.5%-7.0% as markets mature.
• Higher-margin businesses are planned to contribute 20.0%-25.0% of revenue over the next 3-4 years.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 30 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

What is changing at Quess Corp, from the latest results and calls: higher-margin portfolio mix, professional staffing and gcc conversion and general staffing demand conversion.

• Higher-margin portfolio mix. Professional staffing and overseas operations can lift consolidated profitability if their segment economics persist while the scale business grows. ⚠ estimate
• Professional staffing and GCC conversion. GCC-linked professional staffing has a higher segment margin and a visible mandate pipeline, although mature GCC hiring is a risk. ⚠ estimate
• General staffing demand conversion. New accounts and open mandates can convert into volume during the seasonal demand period, supporting the scale business. ⚠ estimate
• Partner-led international corridors. Japan execution and prospective European agreements may add higher-value staffing revenue without a large capital commitment. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 22 August 2026.

If labor-code coverage does not reach completion by early October to December 2026 and consolidated operating margin remains at or below the latest quarter’s level despite revenue growth, the margin-normalization case is invalidated.

Each change stops working if

• Higher-margin portfolio mix: Professional staffing loses its margin range or overseas operations fall below their guided margin path while general staffing remains the sole source of growth.
• Professional staffing and GCC conversion: New-logo conversion stalls and segment margin falls below the stated range for two quarters.
• General staffing demand conversion: Open mandates do not convert into headcount and revenue by the next reported quarter.
• Partner-led international corridors: No signed agreements or first sales are disclosed over the next two reported quarters.

The main risks

• Labor-code completion and liability timing: Customer coverage remains incomplete and the expected completion window has moved into early October to December 2026. ⚠ estimate
• Reported profit quality: The latest reported profit includes other income linked to a tax refund, so operating profit must be tracked separately. ✓ fact
• GCC hiring slowdown: Professional staffing depends heavily on GCC activity, and management acknowledged slower hiring at mature GCCs. ✓ fact
• Overseas execution and geopolitics: Overseas margins and collections are exposed to regional operating conditions, especially in the Middle East. ✓ fact

Our read after the latest results, written 22 August 2026.

When Quess Corp reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: General staffing Q2 conversion of 86 new accounts and 37,000 open mandates into headcount and revenue as festive demand arrives.

Quess Corp is on one of our India lists: Dividend stocks.

Quess Corp Ltd earned ₹75.0 Cr of net profit in the Sep 2026 quarter, +44.2% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹222 Cr. Over 10 years profit has grown 10.6% a year on average. That is 1.7% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹52.0 Cr. 1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹222 Cr (+382.6% on the year before).

Why profit moved: revenue changed +14.7% on a year earlier and the margin moved −0.1 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +45.3% and revenue +8.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Quess Corp Ltd reported ₹4,396 Cr of revenue in the Sep 2026 quarter, +14.7% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 16.1% a year on average. The last full year, FY26, came in at ₹15,305 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. Management identified new accounts, open mandates, and festive demand as the near-term volume mechanism. The Operating Leverage Catapult model applies only if incremental volume converts without a matching rise in fixed costs or further margin dilution.

The last four reported quarters add to ₹16,400 Cr.

FY26 revenue was ₹15,305 Cr, +2.3% on the year before.

Recent pace: the last four quarters grew +8.4% on average, against 16.1% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +8.2%, against +2.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +452.0%, against +2.6% a year (accelerating).

Quess Corp Ltd's operating margin was 1.9% in the Sep 2026 quarter, 0.1 percentage points lower than the same quarter a year ago. Across 13 years it has been between 1.7% and 6.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. Management states that higher-margin businesses account for half of profitability and plans to increase their revenue share over the medium term. This is an application of the Value Chain Climb model: the mix shift matters only when it reaches revenue scale and survives delivery checks.

Why the margin moved: operating margin changed −0.1 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 208% of Quess Corp Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹230 Cr of operating cash against ₹222 Cr of profit. After ₹90.0 Cr of spending on assets, ₹140 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 208% of profit came in as cash: the cash cycle got 23 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: it has been selling more assets than it buys. The next section shows those figures.

Quess Corp Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 38 days in FY26, down from 61 days in FY21. Over the last 3 years it sold more assets than it bought, by ₹1,284 Cr.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹15,305 Cr, each day of that cycle ties up about ₹41.9 Cr, so roughly ₹1,593 Cr is tied up in the business at any time.

Over the last 3 years, money from selling assets was ₹1,284 Cr more than it spent on new ones. Work still in progress is ₹2.0 Cr (FY26).

In short: assets are being sold, not built, so this cash is not going into new capacity.

Quess Corp Ltd's P/E is 16.9×, near the low end of its own history: it has been lower only 31% of the time. Its usual P/E (the middle reading) is 19.4×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹18.46.