Fortune India 500 2025 edition
Rank#188- Total income
- ₹14,991 Cr
- Profit
- ₹46 Cr
Last year #129
Quess Corp Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Active Listed - NSE: QUESS · BSE: 539978 Public Limited Company information technology Fortune India 500 · #188
Market Cap
₹4,737 Cr
QUESS · NSE
Share Price
₹315.45
-0.52% today
Revenue
₹15,305 Cr
FY 2025-26 · +2.3% YoY
EBITDA
₹305 Cr
Margin 2.0%
Net Profit
₹240 Cr
FY 2025-26 · -7.6% YoY
P/E (TTM)
18.6x
P/B 4.1x
ROE
19.7%
ROCE 18.4%
Debt / Equity
0.11
Interest cover 19.0x
About Quess Corp Limited
Data last updated:
Quess Corp Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 September 2007 and has been in existence for over 19 years.
Quess Corp is ranked #188 on the Fortune India 500 (2025). Its director Ajit Abraham Isaac is #1,427 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L74140KA2007PLC043909. Its GSTIN is 29AABCI7601M1ZB (Karnataka). The company holds 33 GST registrations, of which 26 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539978 and NSE: QUESS.
The company has an authorised share capital of ₹393.85 Cr and a paid-up capital of ₹149.39 Cr. It was formerly known as Ikya Human Capital Solutions Private Limited and Iris Human Capital Solutions Private Limited. It is led by directors including Lohit Bhatia (Whole-Time Director) and Gopalakrishnan Soundarajan.
Its last annual general meeting (AGM) was held on 25 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹15,305 Cr, a growth of 2.3% compared to the previous year. For the same year it recorded a net profit of ₹240.14 Cr (net margin 1.6%) and EBITDA of ₹305.1 Cr (EBITDA margin 2%). The net worth stands at ₹1,166.46 Cr (up 7.5% YoY). Total assets are valued at ₹1,614.61 Cr (up 12.7% YoY).
The company has about 434,086 employees on its provident fund (EPFO) records. Its group structure includes 12 subsidiaries.
The company is associated with 5 brands: QUESSCare, Billion Careers, QJobs, IkyaGlobal and Quess. As per MCA filings, the company has open charges of ₹1,149.3 Cr and satisfied charges of ₹943.39 Cr on record. Court records list 260 cases involving the company, including 86 filed by the company and 174 filed against it; 58 cases are pending. The company has 40 deals on record (18 market trades, 12 funding rounds, 7 secondary share transfers), with disclosed funding of ₹353.77 Cr; the latest was in July 2026. The company has 5 MSME Form 1 returns on record between 2023 and 2024, listing 359 overdue payments to 214 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quesscorp.com.
Company details
CIN L74140KA2007PLC043909
Registration Number 043909
Incorporation Date 19 September 2007
ROC Bangalore
Listing Status Listed - Listed on NSE (QUESS); Listed on BSE (539978)
Company Status Active
Date of Last AGM 25 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Quess Corp has undergone 3 name changes throughout its history. The company was previously known as Ikya Human Capital Solutions Private Limited, Iris Human Capital Solutions Private Limited, and Ikya Human Capital Solutions Limited. The current legal name is Quess Corp Limited.
| Company Name | Status |
|---|---|
| Quess Corp Limited | Current |
| Ikya Human Capital Solutions Private Limited | Previous |
| Iris Human Capital Solutions Private Limited | Previous |
| Ikya Human Capital Solutions Limited | Previous |
CIN history
Quess Corp has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74140KA2007PLC043909, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140KA2007PLC043909 | Current |
| U74140KA2007PTC043909 | Previous |
| U74140KA2007PLC043909 | Previous |
Key People
Lohit Bhatia Whole-Time Director Gopalakrishnan Soundarajan Director Kalpathi Ratna Girish Director Recognitions & Rankings of Quess Corp
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#470- Valuation
- ₹10,360 Cr
2022 #396 2021 #259
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,427 Ajit Abraham Isaac ₹1,500 Cr
Contact details
Quess Corp Limited's registered office is in Bangalore South, Karnataka. Its website is quesscorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressQuess Tower Sky Walk Avenue 32/4, Hosur Road Roopena Agrahara, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Quess Corp Limited, buy the company report.
Comprehensive company report
Quess Corp Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Quess Corp operates multiple associated brands including QUESSCare, Billion Careers, and QJobs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive repair and installation services for electronic devices. | quesscare.com | |
| Platform for hiring, productivity, engagement, and benefits for frontline workers. | billioncareers.in | |
| Job search and recruitment platform focusing on blue and grey collar sectors in India. | qjobsindia.com | |
| Recruitment sourcing services are provided by IkyaGlobal from India. | ikyaglobal.com | |
| Provider of outsourcing and business services | quesscorp.com |
Business activity
The main business activities of Quess Corp are support service to organizations, professional, scientific and technical and information and communication. In detail, this covers placement agencies and hr management services, other professional, scientific and technical activities and other information & communication service activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Quess Corp Limited, buy the company report.
Financials of Quess Corp Limited
FY 2025-26 filings availableQuess Corp Limited reported revenue of ₹15,305 Cr (up 2.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹15,305 Cr
+2.3% YoY
EBITDA
₹305 Cr
+218.5% YoY
Profit After Tax
₹240 Cr
-7.5% YoY
Net Worth
₹1,166 Cr
+7.5% YoY
Total Assets
₹1,615 Cr
+12.7% YoY
Total Debt
₹124 Cr
+10.3% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 15,305 | 14,967 | 13,695 | 17,158 | 13,692 | 10,837 | 10,991 |
| Revenue growth | +2.3% | +9.3% | -20.2% | +25.3% | +26.3% | -1.4% | - |
| EBITDA | 305 | 95.80 | 197 | 589 | 555 | 449 | (17.57) |
| EBITDA margin | +2.0% | +0.6% | +1.4% | +3.4% | +4.1% | +4.2% | -0.2% |
| Profit before tax | 230 | 41.79 | 278 | 284 | 358 | 185 | (384) |
| Net profit | 240 | 260 | 279 | 186 | 234 | 43.51 | 135 |
| Net profit margin | +1.6% | +1.7% | +2.0% | +1.1% | +1.7% | +0.4% | +1.2% |
| EPS (₹) | 14.84 | 3.08 | 18.71 | 15.14 | 16.30 | 3.92 | (30.15) |
| Balance sheet | |||||||
| Total assets | 1,615 | 1,433 | 4,139 | 4,016 | 3,725 | 3,627 | 4,172 |
| Net worth | 1,166 | 1,085 | 2,799 | 2,569 | 2,438 | 2,343 | 2,276 |
| Total debt | 124 | 113 | 838 | 1,011 | 915 | 791 | 1,473 |
| Cash & bank | 207 | 267 | 545 | 566 | 512 | 565 | 759 |
| Net working capital | 525 | 517 | 1,408 | 1,361 | 1,382 | 1,446 | 1,712 |
| Cash flow | |||||||
| Cash from operations | 230 | 380 | 529 | 466 | 554 | 715 | 361 |
| Cash from investing | (63.66) | (333) | 49.78 | 4.06 | (188) | (105) | (170) |
| Cash from financing | (237) | (318) | (496) | (443) | (441) | (834) | 13.46 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,182 | 3,892 | 3,930 | 3,832 | 3,651 | 3,656 | 4,019 | 3,705 |
| Revenue growth (YoY) | +14.5% | +6.5% | -2.2% | +3.4% | +1.8% | - | - | - |
| Other income | 25.55 | 6.78 | 1.55 | 4.04 | 4.72 | 10.94 | 4.91 | 1.41 |
| EBITDA | 84.54 | 86.36 | 72.82 | 76.70 | 67.89 | (90.63) | 56.37 | 68.97 |
| EBITDA margin | +2.0% | +2.2% | +1.9% | +2.0% | +1.9% | -2.5% | +1.4% | +1.9% |
| Depreciation | 9.81 | 10.61 | 10.52 | 10.22 | 10.49 | 10.17 | 9.94 | 10.47 |
| Interest | 14.40 | 13.52 | 12.76 | 13.05 | 9.89 | 9.05 | 9.21 | 9.72 |
| Profit before tax | 85.88 | 69.01 | 51.09 | 57.47 | 52.23 | (98.91) | 42.13 | 50.19 |
| Tax | 3.76 | 4.67 | (4.01) | 5.70 | 1.25 | (3.46) | 0.41 | (0.40) |
| Net profit | 82.12 | 64.34 | 55.10 | 51.77 | 50.98 | (95.45) | 41.72 | 50.59 |
| EPS (₹) | 5.45 | 4.29 | 3.68 | 3.45 | 3.41 | (6.42) | 2.79 | 3.38 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 14,105 | 13,787 | 12,050 | 13,638 | 9,758 | 7,483 | 7,740 |
| Revenue growth | +2.3% | +14.4% | -11.6% | +39.8% | +30.4% | -3.3% | - |
| EBITDA | 205 | 47.97 | 126 | 368 | 97.41 | 56.14 | (192) |
| EBITDA margin | +1.5% | +0.4% | +1.1% | +2.7% | +1.0% | +0.8% | -2.5% |
| Profit before tax | 185 | 106 | 322 | 239 | 181 | (29.69) | (307) |
| Net profit | 223 | 275 | 353 | 213 | 219 | 107 | 168 |
| Net profit margin | +1.6% | +2.0% | +2.9% | +1.6% | +2.3% | +1.4% | +2.2% |
| EPS (₹) | 12.66 | 8.07 | 23.09 | 14.02 | 9.79 | (6.76) | (22.84) |
| Balance sheet | |||||||
| Total assets | 1,355 | 1,266 | 3,661 | 3,466 | 2,920 | 2,740 | 3,356 |
| Net worth | 932 | 930 | 2,689 | 2,396 | 2,209 | 2,224 | 2,318 |
| Total debt | 115 | 112 | 682 | 835 | 527 | 375 | 925 |
| Cash & bank | 97.86 | 181 | 300 | 223 | 142 | 162 | 427 |
| Net working capital | 325 | 358 | 936 | 812 | 719 | 850 | 1,114 |
| Cash flow | |||||||
| Cash from operations | 184 | 327 | 405 | 345 | 200 | 255 | 140 |
| Cash from investing | (46.28) | (122) | 150 | 19.43 | (144) | 71.61 | (319) |
| Cash from financing | (231) | (316) | (450) | (382) | (64.21) | (615) | 230 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,848 | 3,560 | 3,638 | 3,541 | 3,366 | 3,365 | 3,725 | 3,412 |
| Revenue growth (YoY) | +14.3% | +5.8% | -2.3% | +3.8% | +2.4% | - | - | - |
| Other income | 38.65 | 19.36 | 8.82 | 17.29 | 19.07 | 19.29 | 14.13 | 66.03 |
| Total expenses | 3,783 | 3,496 | 3,585 | 3,505 | 3,313 | 3,452 | 3,682 | 3,351 |
| EBITDA | 64.87 | 64.24 | 53.44 | 35.62 | 52.77 | (86.89) | 42.34 | 60.58 |
| EBITDA margin | +1.7% | +1.8% | +1.5% | +1.0% | +1.6% | -2.6% | +1.1% | +1.8% |
| Depreciation | 9.12 | 9.37 | 9.96 | 9.63 | 9.93 | 9.31 | 9.30 | 9.82 |
| Interest | 13.86 | 12.78 | 12.19 | 12.35 | 9.41 | 8.89 | 8.69 | 9.24 |
| Profit before tax | 80.54 | 61.45 | 40.11 | 30.93 | 52.50 | (85.80) | 38.48 | 108 |
| Tax | 1.87 | 2.68 | (10.44) | 3.84 | (0.20) | (4.54) | (2.77) | (1.92) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,182 | 3,892 | 3,930 | 3,832 | 3,651 | 3,656 | 4,019 | 3,705 |
| Revenue growth (YoY) | +14.5% | +6.5% | -2.2% | +3.4% | +1.8% | - | - | - |
| Other income | 25.55 | 6.78 | 1.55 | 4.04 | 4.72 | 10.94 | 4.91 | 1.41 |
| EBITDA | 84.54 | 86.36 | 72.82 | 76.70 | 67.89 | (90.63) | 56.37 | 68.97 |
| EBITDA margin | +2.0% | +2.2% | +1.9% | +2.0% | +1.9% | -2.5% | +1.4% | +1.9% |
| Depreciation | 9.81 | 10.61 | 10.52 | 10.22 | 10.49 | 10.17 | 9.94 | 10.47 |
| Interest | 14.40 | 13.52 | 12.76 | 13.05 | 9.89 | 9.05 | 9.21 | 9.72 |
| Profit before tax | 85.88 | 69.01 | 51.09 | 57.47 | 52.23 | (98.91) | 42.13 | 50.19 |
| Tax | 3.76 | 4.67 | (4.01) | 5.70 | 1.25 | (3.46) | 0.41 | (0.40) |
| Net profit | 82.12 | 64.34 | 55.10 | 51.77 | 50.98 | (95.45) | 41.72 | 50.59 |
| EPS (₹) | 5.45 | 4.29 | 3.68 | 3.45 | 3.41 | (6.42) | 2.79 | 3.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 15,305 | 14,967 | 13,695 | 17,158 | 13,692 | 10,837 | 10,991 |
| Revenue growth | +2.3% | +9.3% | -20.2% | +25.3% | +26.3% | -1.4% | - |
| Other income | 16.49 | 26.68 | 199 | 79.92 | 96.40 | 77.78 | 51.09 |
| Total expenses | 15,000 | 14,871 | 13,498 | 16,570 | 13,137 | 10,388 | 11,009 |
| Employee cost | 14,500 | 14,051 | 12,518 | 14,660 | 11,687 | 9,297 | 9,063 |
| EBITDA | 305 | 95.80 | 197 | 589 | 555 | 449 | (17.57) |
| EBITDA margin | +2.0% | +0.6% | +1.4% | +3.4% | +4.1% | +4.2% | -0.2% |
| Depreciation | 41.84 | 41.21 | 58.05 | 275 | 212 | 229 | 249 |
| Interest | 49.97 | 39.48 | 59.34 | 110 | 81.73 | 114 | 169 |
| Profit before tax | 230 | 41.79 | 278 | 284 | 358 | 185 | (384) |
| Tax | 7.60 | (4.09) | (2.49) | 61.46 | 107 | 111 | 47.48 |
| Net profit | 240 | 260 | 279 | 186 | 234 | 43.51 | 135 |
| Net profit margin | +1.6% | +1.7% | +2.0% | +1.1% | +1.7% | +0.4% | +1.2% |
| EPS (₹) | 14.84 | 3.08 | 18.71 | 15.14 | 16.30 | 3.92 | (30.15) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 149 | 149 | 149 | 148 | 148 | 148 | 148 |
| Reserves & surplus | 1,017 | 936 | 2,650 | 2,421 | 2,290 | 2,195 | 2,128 |
| Shareholders' funds (net worth) | 1,166 | 1,085 | 2,799 | 2,569 | 2,438 | 2,343 | 2,276 |
| Minority interest | 1.76 | 1.14 | 166 | 162 | 131 | 93.93 | 76.90 |
| Secured loans | 0.00 | 12.06 | 265 | 443 | 438 | 516 | 1,148 |
| Unsecured loans | 124 | 101 | 574 | 568 | 477 | 275 | 324 |
| Total debt | 124 | 113 | 838 | 1,011 | 915 | 791 | 1,473 |
| Total liabilities | 1,615 | 1,433 | 4,139 | 4,016 | 3,725 | 3,627 | 4,172 |
| Assets | |||||||
| Gross block | 577 | 531 | 2,629 | 2,692 | 2,787 | 2,494 | 2,279 |
| Net block | 387 | 341 | 1,695 | 1,796 | 1,657 | 1,505 | 1,487 |
| Capital work in progress | 1.65 | 0.00 | 32.56 | 18.11 | 15.31 | 30.89 | 4.64 |
| Investments | 51.21 | 0.00 | 92.94 | 49.52 | 102 | 53.81 | 106 |
| Inventories | 0.00 | 0.00 | 7.13 | 28.16 | 27.48 | 29.03 | 28.38 |
| Sundry debtors | 1,582 | 1,529 | 2,772 | 2,689 | 2,332 | 1,800 | 998 |
| Cash & bank balances | 207 | 267 | 545 | 566 | 512 | 565 | 759 |
| Loans & advances | 160 | 99.80 | 200 | 180 | 157 | 146 | 1,073 |
| Total current assets | 1,949 | 1,896 | 3,524 | 3,463 | 3,028 | 2,540 | 2,858 |
| Total current liabilities | 1,425 | 1,379 | 2,116 | 2,102 | 1,646 | 1,093 | 1,146 |
| Net working capital | 525 | 517 | 1,408 | 1,361 | 1,382 | 1,446 | 1,712 |
| Total assets | 1,615 | 1,433 | 4,139 | 4,016 | 3,725 | 3,627 | 4,172 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 249 | 520 | 438 | 410 | 486 | 709 | 505 |
| Net cash from operating activities | 230 | 380 | 529 | 466 | 554 | 715 | 361 |
| Net cash from investing activities | (63.66) | (333) | 49.78 | 4.06 | (188) | (105) | (170) |
| Net cash from financing activities | (237) | (318) | (496) | (443) | (441) | (834) | 13.46 |
| Net change in cash | (70.99) | (271) | 82.55 | 27.11 | (75.25) | (223) | 204 |
| Closing cash | 207 | 267 | 545 | 566 | 512 | 565 | 759 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.3% | +9.3% | -20.2% | +25.3% | +26.3% | -1.4% | - |
| EBITDA growth | +218.5% | -51.3% | -66.6% | +6.1% | +23.5% | +2657.5% | - |
| PBT growth | +449.8% | -85.0% | -2.3% | -20.5% | +93.6% | +9998.0% | - |
| Net income growth | -7.6% | -6.9% | +50.0% | -20.6% | +438.0% | -67.7% | - |
| Revenue CAGR (3Y) | -3.7% | +3.0% | +8.1% | +16.0% | +17.1% | +20.7% | +36.6% |
| EBITDA CAGR (3Y) | -19.7% | -44.3% | -24.1% | - | +6.6% | +8.1% | - |
| Profitability & leverage | |||||||
| Net income margin | +1.5% | +0.3% | +2.1% | +1.3% | +1.8% | +0.7% | -3.9% |
| Return on capital employed | +18.4% | +11.2% | +4.9% | +9.1% | +12.3% | +7.0% | +11.2% |
| Return on net worth | +19.7% | +13.4% | +10.5% | +7.4% | +10.5% | +2.6% | +5.9% |
| Debt / equity | 0.11 | 0.24 | 0.34 | 0.38 | 0.36 | 0.49 | 0.46 |
| Long-term debt / equity | 0.08 | 0.11 | 0.13 | 0.12 | 0.10 | 0.12 | 0.11 |
| Interest cover | 18.98 | 72.32 | 42.79 | 34.92 | 23.84 | 51.61 | -63.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 27.62 | 9.47 | 5.15 | 6.26 | 5.19 | 4.54 | 5.11 |
| Inventory turnover | 0.00 | 4,198.37 | 776.15 | 616.76 | 484.58 | 377.53 | 435.65 |
| Debtors turnover | 9.84 | 6.96 | 5.02 | 6.83 | 6.63 | 7.75 | 11.50 |
| EPS (₹) | 14.84 | 3.08 | 18.71 | 15.14 | 16.30 | 3.92 | (30.15) |
| Dividend per share (₹) | 11.00 | 10.00 | 10.00 | 8.00 | 4.00 | 7.00 | 0.00 |
| Book value per share (₹) | 78.11 | 72.85 | 188.47 | 173.30 | 164.72 | 158.66 | 154.29 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,848 | 3,560 | 3,638 | 3,541 | 3,366 | 3,365 | 3,725 | 3,412 |
| Revenue growth (YoY) | +14.3% | +5.8% | -2.3% | +3.8% | +2.4% | - | - | - |
| Other income | 38.65 | 19.36 | 8.82 | 17.29 | 19.07 | 19.29 | 14.13 | 66.03 |
| Total expenses | 3,783 | 3,496 | 3,585 | 3,505 | 3,313 | 3,452 | 3,682 | 3,351 |
| EBITDA | 64.87 | 64.24 | 53.44 | 35.62 | 52.77 | (86.89) | 42.34 | 60.58 |
| EBITDA margin | +1.7% | +1.8% | +1.5% | +1.0% | +1.6% | -2.6% | +1.1% | +1.8% |
| Depreciation | 9.12 | 9.37 | 9.96 | 9.63 | 9.93 | 9.31 | 9.30 | 9.82 |
| Interest | 13.86 | 12.78 | 12.19 | 12.35 | 9.41 | 8.89 | 8.69 | 9.24 |
| Profit before tax | 80.54 | 61.45 | 40.11 | 30.93 | 52.50 | (85.80) | 38.48 | 108 |
| Tax | 1.87 | 2.68 | (10.44) | 3.84 | (0.20) | (4.54) | (2.77) | (1.92) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 14,105 | 13,787 | 12,050 | 13,638 | 9,758 | 7,483 | 7,740 |
| Revenue growth | +2.3% | +14.4% | -11.6% | +39.8% | +30.4% | -3.3% | - |
| Other income | 65.29 | 134 | 291 | 138 | 179 | 30.38 | 47.55 |
| Total expenses | 13,900 | 13,739 | 11,924 | 13,270 | 9,661 | 7,427 | 7,932 |
| Employee cost | 13,437 | 12,996 | 11,296 | 12,039 | 8,705 | 6,819 | 6,791 |
| EBITDA | 205 | 47.97 | 126 | 368 | 97.41 | 56.14 | (192) |
| EBITDA margin | +1.5% | +0.4% | +1.1% | +2.7% | +1.0% | +0.8% | -2.5% |
| Depreciation | 38.89 | 38.75 | 39.06 | 178 | 48.10 | 52.51 | 65.62 |
| Interest | 46.88 | 37.29 | 55.77 | 89.00 | 48.02 | 63.70 | 97.16 |
| Profit before tax | 185 | 106 | 322 | 239 | 181 | (29.69) | (307) |
| Tax | (4.12) | (14.46) | (20.43) | 31.45 | 35.80 | 70.15 | 29.45 |
| Net profit | 223 | 275 | 353 | 213 | 219 | 107 | 168 |
| Net profit margin | +1.6% | +2.0% | +2.9% | +1.6% | +2.3% | +1.4% | +2.2% |
| EPS (₹) | 12.66 | 8.07 | 23.09 | 14.02 | 9.79 | (6.76) | (22.84) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 149 | 149 | 149 | 148 | 148 | 148 | 148 |
| Reserves & surplus | 782 | 781 | 2,540 | 2,248 | 2,061 | 2,077 | 2,171 |
| Shareholders' funds (net worth) | 932 | 930 | 2,689 | 2,396 | 2,209 | 2,224 | 2,318 |
| Secured loans | 0.00 | 12.35 | 202 | 368 | 330 | 317 | 777 |
| Unsecured loans | 115 | 99.44 | 480 | 467 | 197 | 58.05 | 148 |
| Total debt | 115 | 112 | 682 | 835 | 527 | 375 | 925 |
| Total liabilities | 1,355 | 1,266 | 3,661 | 3,466 | 2,920 | 2,740 | 3,356 |
| Assets | |||||||
| Gross block | 216 | 207 | 1,613 | 1,641 | 966 | 978 | 894 |
| Net block | 122 | 112 | 891 | 924 | 440 | 412 | 459 |
| Capital work in progress | 1.65 | 0.00 | 2.10 | 1.32 | 1.39 | 7.02 | 0.24 |
| Investments | 294 | 243 | 1,024 | 1,010 | 1,289 | 1,114 | 1,204 |
| Inventories | 0.00 | 0.00 | 6.32 | 7.25 | 6.82 | 7.57 | 10.25 |
| Sundry debtors | 1,362 | 1,332 | 2,171 | 1,958 | 1,493 | 1,136 | 475 |
| Cash & bank balances | 97.86 | 181 | 300 | 223 | 142 | 162 | 427 |
| Loans & advances | 125 | 72.92 | 135 | 167 | 95.90 | 67.23 | 726 |
| Total current assets | 1,585 | 1,586 | 2,613 | 2,355 | 1,738 | 1,372 | 1,638 |
| Total current liabilities | 1,261 | 1,228 | 1,677 | 1,544 | 1,019 | 523 | 523 |
| Net working capital | 325 | 358 | 936 | 812 | 719 | 850 | 1,114 |
| Total assets | 1,355 | 1,266 | 3,661 | 3,466 | 2,920 | 2,740 | 3,356 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 171 | 282 | 177 | 195 | 102 | 390 | 340 |
| Net cash from operating activities | 184 | 327 | 405 | 345 | 200 | 255 | 140 |
| Net cash from investing activities | (46.28) | (122) | 150 | 19.43 | (144) | 71.61 | (319) |
| Net cash from financing activities | (231) | (316) | (450) | (382) | (64.21) | (615) | 230 |
| Net change in cash | (93.25) | (111) | 105 | (18.33) | (8.71) | (288) | 50.68 |
| Closing cash | 97.86 | 181 | 300 | 223 | 142 | 162 | 427 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.3% | +14.4% | -11.6% | +39.8% | +30.4% | -3.3% | - |
| EBITDA growth | +328.4% | -62.0% | -65.7% | +278.2% | +73.5% | +129.2% | - |
| PBT growth | +75.1% | -67.2% | +34.7% | +32.5% | +9998.0% | +90.3% | - |
| Net income growth | -18.8% | -22.2% | +65.7% | -2.9% | +105.7% | -36.6% | - |
| Revenue CAGR (3Y) | +1.1% | +12.2% | +17.2% | +20.8% | +19.7% | +19.3% | +31.0% |
| EBITDA CAGR (3Y) | -17.7% | -21.0% | +31.0% | - | -32.6% | -38.4% | - |
| Profitability & leverage | |||||||
| Net income margin | +1.3% | +0.9% | +2.9% | +1.5% | +1.5% | -1.3% | -4.4% |
| Return on capital employed | +20.3% | +12.1% | +7.0% | +10.3% | +11.4% | +5.8% | +9.8% |
| Return on net worth | +23.9% | +15.2% | +13.9% | +9.0% | +9.9% | +4.7% | +6.8% |
| Debt / equity | 0.12 | 0.22 | 0.30 | 0.30 | 0.20 | 0.29 | 0.30 |
| Long-term debt / equity | 0.09 | 0.10 | 0.10 | 0.06 | 0.02 | 0.02 | 0.04 |
| Interest cover | 28.14 | 404.45 | 63.95 | 46.84 | 97.38 | 1,754.82 | -37.68 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 66.70 | 15.15 | 7.41 | 10.46 | 10.04 | 8.00 | 8.66 |
| Inventory turnover | 0.00 | 4,363.04 | 1,776.01 | 1,938.58 | 1,356.29 | 839.89 | 732.98 |
| Debtors turnover | 10.47 | 7.87 | 5.84 | 7.90 | 7.42 | 9.29 | 15.28 |
| EPS (₹) | 12.66 | 8.07 | 23.09 | 14.02 | 9.79 | (6.76) | (22.84) |
| Dividend per share (₹) | 11.00 | 10.00 | 10.00 | 8.00 | 4.00 | 7.00 | 0.00 |
| Book value per share (₹) | 62.40 | 62.44 | 181.06 | 161.65 | 149.26 | 150.63 | 157.17 |
To see the full year-wise statements and ratios of Quess Corp Limited, buy the company report.
Board of directors of Quess Corp Limited
Quess Corp has 8 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalakrishnan Soundarajan Also directs: Digitide Solutions Limited, Bluspring Enterprises Limited, Thomas Cook (India) Limited and 5 more | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
| Kalpathi Ratna Girish | Director | 31 Aug 2020 | 6 Years 1 Months | Current |
| Ajit Abraham Isaac | Director | 06 Apr 2009 | 17 Years 6 Months | Current |
| Lohit Bhatia | Whole-Time Director | 01 Jun 2026 | 0 Years 4 Months | Current |
| Sudha Suresh | Director | 19 Jun 2025 | 1 Years 4 Months | Current |
| Devarajan Samu Also directs: Prime Focus Limited, Dneg India Media Services Limited, GVS Software Private Limited and 2 more | Director | 19 Jun 2025 | 1 Years 4 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Quess Corp Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2025 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 56.80%, foreign institutional investors hold 8.60%, domestic institutional investors hold 11.80% and retail and other public shareholders hold 22.80%.
Sep 2026
QUARTER
56.80% Promoters
11.80% DII (Domestic Institutional)
8.60% FII (Foreign Institutional)
22.80% Retail & Others
Promoter holding - history
Now 56.80% · Sep 2026High 56.90% · Dec 2025Low 56.80% · Jun 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 56.80% | 56.80% | 56.90% | 56.90% |
| Public | 43.20% | 43.20% | 43.10% | 43.10% |
Charges & borrowings
Open charges
₹1,149.3 Cr
Satisfied charges
₹943.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2023 | 100813961 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 05 Sep 2023 | 100839452 | Hdfc Bank Limited | ₹30.36 Lakh | Open | |
| 01 Sep 2023 | 100794066 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 21 Aug 2023 | 100788132 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 27 Jul 2023 | 100839453 | Hdfc Bank Limited | ₹14.38 Lakh | Open |
To see the full charge records of Quess Corp Limited, buy the company report.
Total charge records: 60 View all charges
Deals & funding
Quess Corp Limited has 40 deals on record (18 market trades, 12 funding rounds, 7 secondary share transfers), with disclosed funding of ₹353.77 Cr; the latest was in July 2026.
Total deals
40
Market trades
18
Funding rounds
12
Secondary share transfers
7
IPO
1
Disclosed funding
₹353.77 Cr
Deals on record (5 of 40)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹75.68 Cr | Buyer: Microcurves Trading Private Limited , Qe Securities LLP Seller: Microcurves Trading Private Limited , Qe Securities LLP |
| Jun 2026 | Market trade | ₹49.12 Cr | Buyer: NK Securities Research Private Limited , Blitzquant Research LLP Seller: NK Securities Research Private Limited , Blitzquant Research LLP |
| May 2026 | Market trade | ₹29.78 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Dec 2024 | Market trade | ₹86.5 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Mar 2023 | Market trade | ₹254.09 Cr | Buyer: Fairbridge Capital (Mauritius) Limited Seller: Smallcap World Fund Inc, Icici Prudential Life Insurance Company Limited , Aditya Birla Sun Life Mutual Fund A/C - Aditya Birla Sun Life Tax Relief 96 |
To see the full deal history of Quess Corp Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quess Corp Limited has 260 court cases on record: 86 filed by Quess Corp, 174 filed against it. 58 cases are pending and 202 are disposed.
Total cases
260
Filed by the company
86
Filed against the company
174
Pending
58
Disposed
202
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 137 | 110 | 36 |
| High courts | 114 | 62 | 20 |
| NCLT | 4 | 0 | 0 |
| NCLAT | 3 | 0 | 0 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 260)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (COMP.A) | Filed by the company against Icici Bank Limited and 2 others | Pending |
| Allahabad High Court | Arbitration matter | Filed by the company against Chairman, U.P. Power Transmission Corporation Ltd. and 2 others | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Securevalue India Limited | Pending |
| High Court, KARNATAKA | Arbitration matter | Filed by the company against M/S Avvashya Cci Logistics Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Wardwiz (India) Solutions Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Quess Corp Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Quess Corp Limited was last rated by Icra on 30 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Aug 2021 |
To see the full credit ratings and regulatory alerts of Quess Corp Limited, buy the company report.
MSME payment delays
Quess Corp Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 359 overdue payments to 214 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 214)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mopshop Distribution Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| H.P. Clothing India | |||
| an individual supplier |
To see the full MSME payment records of Quess Corp Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Quess Corp has 12 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
12
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Allsec Technologies Limited | L72300TN1998PLC041033 | |
| Vedang Cellular Services Private Limited | U32309MH2010PTC201638 | |
| Digitide Solutions Limited | U62099KA2024PLC184626 | |
| Stellarslog Technovation Private Limited | U72200KA2015PTC084539 | |
| Monster.Com (India) Private Limited | U72200TG2000PTC035617 | |
| Heptagon Technologies Private Limited | U72200TZ2015PTC021609 |
To see the full group structure of Quess Corp Limited, buy the company report.
Employees & EPFO
Quess Corp Limited has a workforce of 434,086 employees on its EPFO records as of Oct 10, 2025, across 17 active EPFO establishments.
Employee count
434,086
Active EPFO establishments
17
Employee growth
11.2%
GST
Quess Corp has 33 GST registrations: 26 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
33
Active
26
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI7601M1ZB | Karnataka | Active | 01 Jul 2017 |
| 29AABCI7601M2ZA | Karnataka | Active | 28 Jul 2017 |
| 04AABCI7601M1ZN | Chandigarh | Active | 01 Jul 2017 |
| 05AABCI7601M1ZL | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Quess Corp Limited, buy the company report.
Recent activity
Quess Corp Limited has 52 board changes on record since 2007: 32 appointments and 20 cessations. The latest: Anish Thurthi was appointed as Director on 01 Jun 2026.
Charges
A charge registered on 13 Jul 2023 via Charge ID 100840242 with Hdfc Bank Limited was fully satisfied on 29 Sep 2026.
Charges
A charge registered on 28 Jun 2023 via Charge ID 100751037 with Hdfc Bank Limited was fully satisfied on 29 Sep 2026.
Charges
A charge registered on 24 Feb 2023 via Charge ID 100717232 with Hdfc Bank Limited was fully satisfied on 21 Sep 2026.
Charges
A charge registered on 28 Jun 2023 via Charge ID 100741895 with Hdfc Bank Limited was fully satisfied on 16 Sep 2026.
Charges
A charge registered on 29 Oct 2022 via Charge ID 100658516 with Hdfc Bank Limited was fully satisfied on 16 Sep 2026.
Charges
A charge registered on 18 Jul 2022 via Charge ID 100599782 with Hdfc Bank Limited was fully satisfied on 16 Sep 2026.
Charges
A charge registered on 25 Mar 2022 via Charge ID 100577680 with Hdfc Bank Limited was fully satisfied on 16 Sep 2026.
Charges
A charge registered on 04 Oct 2021 via Charge ID 100488627 with Hdfc Bank Limited was fully satisfied on 16 Sep 2026.
Charges
A charge registered on 25 Mar 2021 via Charge ID 100440780 with Hdfc Bank Limited was fully satisfied on 16 Sep 2026.
Charges
A charge registered on 16 Mar 2021 via Charge ID 100440778 with Hdfc Bank Limited was fully satisfied on 16 Sep 2026.
Charges
A charge registered on 10 Mar 2021 via Charge ID 100440781 with Hdfc Bank Limited was fully satisfied on 16 Sep 2026.
AGM
Quess Corp Limited last Annual general meeting of members was held on 25 Aug 2026 as per latest MCA records.
164 earlier events are in the company report.
News
Frequently asked questions
Quess Corp is an active public limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 September 2007 (19+ years old) and is registered under CIN L74140KA2007PLC043909. Listed on BSE: 539978 and NSE: QUESS.
Quess Corp reported revenue of ₹15,305 Cr for FY 2025-26 (up 2.3% YoY) based on consolidated financials.
Quess Corp has 8 current directors:
- Lohit Bhatia - Whole-Time Director
- Gopalakrishnan Soundarajan - Director
- Kalpathi Ratna Girish - Director
- Ajit Abraham Isaac - Director
- Sudha Suresh - Director
- Devarajan Samu - Director
- Vivek Mansingh - Director
- Anish Thurthi - Director
The latest financial statements of Quess Corp on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Quess Corp is 29AABCI7601M1ZB, registered in Karnataka. The company has 33 GST registrations in all, of which 26 are active and 7 are cancelled or inactive. Other active GSTINs include 29AABCI7601M2ZA (Karnataka), 04AABCI7601M1ZN (Chandigarh), 05AABCI7601M1ZL (Uttarakhand).
The CIN (Corporate Identification Number) of Quess Corp is L74140KA2007PLC043909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Quess Corp is a listed company as per MCA records. Its shares are listed on both BSE (code: 539978) and NSE (symbol: QUESS).
Quess Corp has 260 court cases on record: 86 filed by the company and 174 filed against it. 58 are pending. Most are in the district courts.
Quess Corp was incorporated on 19 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Quess Corp has 40 deals on record (18 market trades, 12 funding rounds, 7 secondary share transfers), with disclosed funding of ₹353.77 Cr; the latest was in July 2026.
Anish Thurthi was appointed as Director on 01 Jun 2026. Lohit Bhatia was appointed as Whole-Time Director on 01 Jun 2026. Neeraj Jain was appointed as CFO on 24 Dec 2025. Quess Corp has 52 board changes on record in total.