Quess Corp Limited Allots 14,918 Equity Shares Under QSOP 2020 to RSU Holders

1 min read Updated on 23 Feb 2026, 06:13 PM

Reviewed by

Riya DScanX News Team

Overview

Quess Corp Limited has allotted 14,918 equity shares under its QSOP 2020 to RSU holders following approval by the Nomination and Remuneration Committee on February 23, 2026. The allotment increased the company's paid-up share capital from Rs. 1,49,20,26,890 to Rs. 1,49,21,76,070, representing a total of 14,92,17,607 equity shares of Rs. 10/- each. The newly allotted shares rank pari-passu with existing equity shares and the company has complied with all regulatory disclosure requirements.

*this image is generated using AI for illustrative purposes only.

Quess Corp Limited has announced the allotment of 14,918 equity shares under its employee stock ownership plan to RSU holders. The Nomination and Remuneration Committee of the company approved this allotment on February 23, 2026, under the Quess Stock Ownership Plan-2020 (QSOP 2020).

Share Allotment Details

The company has allotted 14,918 equity shares of Rs. 10/- each to RSU holders who exercised their options under the QSOP 2020. These newly allotted equity shares will rank pari-passu with the existing equity shares of the company in all respects, providing equal rights and privileges to the holders.

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital. The following table shows the change in share capital structure:

Parameter:	Before Allotment	After Allotment
Number of Shares:	14,92,02,689 equity shares	14,92,17,607 equity shares
Face Value:	Rs. 10/- each	Rs. 10/- each
Total Value:	Rs. 1,49,20,26,890	Rs. 1,49,21,76,070

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the information required under Regulation 10(c) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, for the issue of shares under the stock option plan is being submitted with the application for listing and trading of the allotted equity shares.

Corporate Communication

The disclosure was signed by Kundan K Lal, Company Secretary & Compliance Officer, on behalf of Guess Corp Limited. The company has also made this information available on its official website at www.guesscorp.com for stakeholder reference.

Historical Stock Returns for Quess Corp

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.72%	-6.85%	-13.82%	-33.13%	-38.29%	-46.33%

Quess Corp

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Quess Corp Achieves Record Q3 FY26 EBITDA of ₹80 Crores with Strong Margin Expansion

2 min read Updated on 03 Feb 2026, 08:44 PM

Reviewed by

Ashish TScanX News Team

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Overview

Quess Corp reported exceptional Q3 FY26 results with record EBITDA of ₹80 crores, up 28% YoY, and margin expansion to 2.03%. The company achieved strong performance across segments with Professional Staffing delivering 12.5% margins and Overseas business exceeding 7% margins. Revenue stood at ₹3,930 crores with adjusted PAT of ₹62 crores, up 29% YoY. The Board declared interim dividend of ₹5 per share.

*this image is generated using AI for illustrative purposes only.

Quess Corp delivered exceptional financial performance in Q3 FY26, achieving a record quarterly EBITDA milestone while demonstrating strong operational discipline across all business segments. The company's earnings call held on January 29, 2026, revealed significant improvements in profitability metrics and margin expansion strategies.

Record Financial Performance

The company's Q3 FY26 results showcase remarkable financial achievements across key metrics. EBITDA reached a new quarterly milestone, reflecting the success of the company's diversified business model and operational efficiency initiatives.

Financial Metric	Q3 FY26	Q3 FY25	Change
Revenue	₹3,930 crores	₹3,940 crores	-0.3% YoY
EBITDA	₹80 crores	₹62.5 crores	+28% YoY
EBITDA Margin	2.03%	1.56%	+47 bps
Adjusted PAT	₹62 crores	₹48 crores	+29% YoY
Adjusted EPS	₹4.1	-	-

Segment-Wise Business Performance

General Staffing: Stable Operations Despite Challenges

General Staffing maintained resilience with revenue of ₹3,409 crores and segment EBITDA of ₹45 crores, representing 1.3% margins. The segment managed 4,70,774 associates with improved operational metrics including 24-day average DSO and 76% collect-and-pay coverage.

Professional Staffing: Margin Leadership

Professional Staffing delivered outstanding performance with revenue of ₹230 crores and EBITDA of ₹29 crores, achieving record margins of 12.5%. The segment added 18 new logos in Q3, with GCC engagements accounting for 72% of total headcount of 6,934 associates.

Overseas Business: Regional Diversification Success

The Overseas segment crossed the ₹20 crores EBITDA mark with revenue of ₹290 crores, delivering 26% YoY growth and margins exceeding 7%. The Middle East region maintained double-digit margins while Malaysia and Philippines showed strong improvement.

Leadership Transitions and Strategic Focus

The company announced key leadership changes with Lohit Bhatia elevated to Chief Executive Officer effective January 1, 2026, and Neeraj Jain joining as Chief Financial Officer on December 3, 2025. These planned successions reflect the organization's leadership depth and strategic continuity.

Labour Code Impact and Future Outlook

Quess Corp conducted over 830 client consultations regarding Labour Code implementation, taking a one-time exceptional charge of ₹7 crores. The company expects minimal ongoing impact of ₹1.5-2 crores while positioning for long-term benefits from increased formalization and consolidation in the staffing industry.

Key Highlights and Dividend Declaration

Parameter	Details
Operating Cash Flow Conversion	92% of EBITDA
Total Associates	4,83,503
New Enterprise Contracts (Q3)	71
Open Mandates	37,000+
Interim Dividend	₹5 per share

The Board approved an interim dividend of ₹5 per share, reinforcing the company's commitment to shareholder returns while maintaining strong balance sheet discipline and cash generation capabilities.

Historical Stock Returns for Quess Corp