Quess Corp Limited (QUESS) - Net Assets

Latest as of September 2025: Rs11.16 Billion INR ≈ $120.74 Million USD

Based on the latest financial reports, Quess Corp Limited (QUESS) has net assets worth Rs11.16 Billion INR (≈ $120.74 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs30.53 Billion ≈ $330.15 Million USD) and total liabilities (Rs19.36 Billion ≈ $209.41 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Quess Corp Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs11.16 Billion
% of Total Assets	36.57%
Annual Growth Rate	23.62%
5-Year Change	-55.44%
10-Year Change	214.26%
Growth Volatility	65.6

Quess Corp Limited - Net Assets Trend (2011–2025)

This chart illustrates how Quess Corp Limited's net assets have evolved over time, based on quarterly financial data. Also explore Quess Corp Limited balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Quess Corp Limited (2011–2025)

The table below shows the annual net assets of Quess Corp Limited from 2011 to 2025. For live valuation and market cap data, see Quess Corp Limited market cap and net worth.

Year	Net Assets	Change
2025-03-31	Rs10.86 Billion ≈ $117.45 Million	-63.37%
2024-03-31	Rs29.65 Billion ≈ $320.61 Million	+8.56%
2023-03-31	Rs27.31 Billion ≈ $295.33 Million	+13.15%
2022-03-31	Rs24.14 Billion ≈ $261.01 Million	-0.97%
2021-03-31	Rs24.37 Billion ≈ $263.56 Million	+3.58%
2020-03-31	Rs23.53 Billion ≈ $254.45 Million	-13.77%
2019-03-31	Rs27.29 Billion ≈ $295.10 Million	+10.82%
2018-03-31	Rs24.62 Billion ≈ $266.29 Million	+194.17%
2017-03-31	Rs8.37 Billion ≈ $90.52 Million	+142.22%
2016-03-31	Rs3.46 Billion ≈ $37.37 Million	+28.43%
2015-03-31	Rs2.69 Billion ≈ $29.10 Million	+45.81%
2014-03-31	Rs1.85 Billion ≈ $19.96 Million	+118.05%
2013-03-31	Rs846.27 Million ≈ $9.15 Million	+31.29%
2012-03-31	Rs644.56 Million ≈ $6.97 Million	+15.61%
2011-03-31	Rs557.52 Million ≈ $6.03 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Quess Corp Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 861248000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs8.54 Billion	78.69%
Common Stock	Rs1.49 Billion	13.73%
Other Comprehensive Income	Rs511.99 Million	4.72%
Other Components	Rs310.43 Million	2.86%
Total Equity	Rs10.85 Billion	100.00%

Quess Corp Limited Competitors by Market Cap

The table below lists competitors of Quess Corp Limited ranked by their market capitalization.

Company	Market Cap
8x8 Inc Common Stock NASDAQ:EGHT	$319.04 Million
New Providence Acquisition Corp. III Class A Ordinary Shares NASDAQ:NPAC	$319.06 Million
DYNAGREEN EN.PR.GR.H YC 1 F:DYN	$319.10 Million
Berjaya Land Bhd KLSE:4219	$319.13 Million
TECHPOINT INC. JDR/1 F:R46	$318.93 Million
Shenzhen Keybridge Communications Co Ltd SHE:002316	$318.69 Million
Sichuan Tianwei Electronic Co Ltd SHG:688511	$318.55 Million
BIG TECHNOLOGIES LS-10 F:7I8	$318.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Quess Corp Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 27,989,930,000 to 10,848,510,000, a change of -17,141,420,000 (-61.2%).
Net income of 458,020,000 contributed positively to equity growth.
Dividend payments of 1,485,150,000 reduced retained earnings.
Share repurchases of 4,090,000 reduced equity.
New share issuances of 4,090,000 increased equity.
Other comprehensive income decreased equity by 1,036,720,001.
Other factors decreased equity by 15,077,569,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs458.02 Million	+4.22%
Dividends Paid	Rs1.49 Billion	-13.69%
Share Repurchases	Rs4.09 Million	-0.04%
Share Issuances	Rs4.09 Million	+0.04%
Other Comprehensive Income	Rs-1.04 Billion	-9.56%
Other Changes	Rs-15.08 Billion	-138.98%
Total Change	Rs-	-61.24%

Book Value vs Market Value Analysis

This analysis compares Quess Corp Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.72x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 48.20x to 2.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-03-31	Rs4.10	Rs197.68	x
2012-03-31	Rs4.69	Rs197.68	x
2013-03-31	Rs6.02	Rs197.68	x
2015-03-31	Rs23.26	Rs197.68	x
2016-03-31	Rs30.49	Rs197.68	x
2017-03-31	Rs65.81	Rs197.68	x
2018-03-31	Rs172.68	Rs197.68	x
2019-03-31	Rs185.93	Rs197.68	x
2020-03-31	Rs154.96	Rs197.68	x
2021-03-31	Rs156.88	Rs197.68	x
2022-03-31	Rs163.50	Rs197.68	x
2023-03-31	Rs172.11	Rs197.68	x
2024-03-31	Rs187.46	Rs197.68	x
2025-03-31	Rs72.72	Rs197.68	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Quess Corp Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 4.22%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.31%
• Asset Turnover: 5.32x
• Equity Multiplier: 2.59x
Recent ROE (4.22%) is below the historical average (10.19%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	3.73%	0.63%	1.46x	4.04x	Rs-29.12 Million
2012	11.72%	0.98%	2.51x	4.79x	Rs9.11 Million
2013	17.69%	1.21%	3.03x	4.85x	Rs52.49 Million
2014	22.19%	1.78%	3.37x	3.71x	Rs130.83 Million
2015	19.98%	2.62%	2.79x	2.74x	Rs268.66 Million
2016	25.62%	2.58%	2.77x	3.58x	Rs539.63 Million
2017	13.57%	2.73%	1.82x	2.73x	Rs298.43 Million
2018	12.64%	5.04%	1.26x	1.99x	Rs649.11 Million
2019	9.42%	3.01%	1.70x	1.84x	Rs-158.17 Million
2020	-18.98%	-3.93%	2.07x	2.34x	Rs-6.59 Billion
2021	2.47%	0.53%	2.30x	2.01x	Rs-1.76 Billion
2022	9.90%	1.76%	2.55x	2.20x	Rs-25.50 Million
2023	8.74%	1.31%	2.80x	2.38x	Rs-324.58 Million
2024	9.93%	2.03%	2.19x	2.23x	Rs-20.43 Million
2025	4.22%	0.31%	5.32x	2.59x	Rs-626.83 Million

Industry Comparison

This section compares Quess Corp Limited's net assets metrics with peer companies in the Staffing & Employment Services industry.

Industry Context

Industry: Staffing & Employment Services
Average net assets among peers: $2,202,568,953
Average return on equity (ROE) among peers: 3.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Quess Corp Limited (QUESS)	Rs11.16 Billion	3.73%	1.73x	$318.97 Million
Aarvi Encon Limited (AARVI)	$711.42 Million	12.13%	0.46x	$20.04 Million
Ace Integrated Solutions Limited (ACEINTEG)	$175.40 Million	-8.89%	0.04x	$2.15 Million
Teamlease Services Limited (TEAMLEASE)	$5.72 Billion	6.11%	1.19x	$223.41 Million

About Quess Corp Limited

NSE:QUESS India Staffing & Employment Services

Market Cap

$318.97 Million

Rs29.49 Billion INR

Market Cap Rank

#14706 Global

#715 in India

Share Price

Rs197.68

Change (1 day)

-2.62%

52-Week Range

Rs169.72 - Rs373.25

All Time High

Rs1204.64