Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹1,055Cr
Rev Gr TTM
Revenue Growth TTM
23.80%
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Compare up to 10 companies side by side across valuation, profitability, and growth.

KAPSTON
VS
| Quarter | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | | | | 30.9 | 33.2 | 31.0 | 24.2 | 25.3 | 16.5 |
| 124 | 132 | 134 | 147 | 161 | 175 | 176 | 182 | 201 | 201 |
Operating Profit Operating ProfitCr |
| 3.8 | 4.0 | 5.1 | 4.2 | 4.3 | 4.4 | 5.1 | 4.8 | 4.7 | 5.3 |
Other Income Other IncomeCr | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
Interest Expense Interest ExpenseCr | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Depreciation DepreciationCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 2 | 2 | 4 | 3 | 3 | 4 | 5 | 6 | 6 | 7 |
| -2 | 0 | 1 | 0 | -1 | -1 | -1 | -1 | -1 | 0 |
|
Growth YoY PAT Growth YoY% | | | | | -9.2 | 68.4 | 119.2 | 84.6 | 79.6 | 64.0 |
| 3.4 | 2.0 | 1.9 | 2.2 | 2.3 | 2.5 | 3.3 | 3.2 | 3.4 | 3.5 |
| 0.7 | 0.4 | 0.9 | 1.1 | 1.3 | 1.5 | 2.0 | 2.0 | 2.3 | 2.4 |
| Financial Year | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 32.6 | 15.9 |
| 498 | 658 | 760 |
Operating Profit Operating ProfitCr |
| 4.3 | 4.5 | 5.0 |
Other Income Other IncomeCr | 1 | 1 | 2 |
Interest Expense Interest ExpenseCr | 10 | 12 | 13 |
Depreciation DepreciationCr | 4 | 4 | 4 |
| 10 | 15 | 24 |
| -3 | -3 | -3 |
|
| | 41.9 | 49.5 |
| 2.4 | 2.6 | 3.3 |
| 4.1 | 5.9 | 8.8 |
| Financial Year | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 10 | 10 | 10 |
| 61 | 79 | 92 |
Current Liabilities Current LiabilitiesCr | 127 | 165 | 177 |
Non Current Liabilities Non Current LiabilitiesCr | 8 | 45 | 44 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 178 | 224 | 247 |
Non Current Assets Non Current AssetsCr | 29 | 75 | 76 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 4 | -8 |
Investing Cash Flow Investing Cash FlowCr | -2 | -39 |
Financing Cash Flow Financing Cash FlowCr | -2 | 47 |
|
Free Cash Flow Free Cash FlowCr | 2 | -47 |
| 31.1 | -46.7 |
CFO To EBITDA CFO To EBITDA% | 17.4 | -26.9 |
| Financial Year | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 492 | 450 |
Price To Earnings Price To Earnings | 19.6 | 25.2 |
Price To Sales Price To Sales | 0.9 | 0.7 |
Price To Book Price To Book | 3.4 | 5.1 |
| 26.1 | 19.7 |
Profitability Ratios Profitability Ratios |
| 98.3 | 98.9 |
| 4.3 | 4.5 |
| 2.4 | 2.6 |
| 11.6 | 10.6 |
| 17.6 | 20.1 |
| 6.1 | 6.0 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Kapston Services Limited, founded in 2009 and headquartered in Hyderabad, is a leading national provider of integrated human capital and facility management solutions. Listed on the National Stock Exchange (NSE) since 2018, Kapston has evolved into a fast-growing, tech-enabled manpower solutions company with a pan-India presence. The organization serves over **800 clients** and employs more than **30,000 associates**, with **38% women representation**, underscoring its commitment to diversity and inclusive workforce development.
---
### **Core Business Segments & Services**
Kapston operates across five primary verticals:
1. **General Staffing** (Contract & Permanent Hiring)
2. **Security Services**
3. **Housekeeping & Soft Services**
4. **Engineering & Technical Services**
5. **IT Staffing**
The company offers **integrated, end-to-end workforce solutions** tailored to diverse industry needs, combining physical manpower with digital innovation.
#### **Key Offerings by Segment:**
- **General Staffing**: Scalable, cost-efficient staffing with solutions for project-based, seasonal, and permanent roles. Includes Recruitment Process Outsourcing (RPO), payroll processing, HR auditing, and support for permanent hiring.
- **IT Staffing**: Specialized recruitment for IT and ITES sectors, including hardware and software support roles.
- **Security Services**: Manned guarding, executive protection, CCTV monitoring, access control, and event security—powered by trained personnel and technology integration.
- **Facility Management**: Comprehensive services including housekeeping, pest control, façade cleaning, property maintenance, engineering support, and office services.
- **Skill Development**: Programs under **NAPS (National Apprenticeship Promotion Scheme)** and **NATS (National Apprenticeship Training Scheme)** to build skilled talent pipelines and support rural workforce mobilization.
---
### **Client Industries**
Kapston serves a wide array of sectors across **15 major business segments**, including:
- IT & ITES
- BFSI (Banking, Financial Services, Insurance)
- Healthcare & Pharmaceuticals
- Manufacturing
- FMCG & Retail
- E-commerce & Logistics
- Automobiles
- Education
- Infrastructure & Construction
- Government & PSUs
- Telecom
- Hospitality
- Residential & Commercial Complexes
- Media & Entertainment
- Energy & Utilities
The company is increasingly gaining traction in tier-2 and tier-3 cities, capitalizing on rising outsourcing demands in both public and private sectors.
---
### **Geographic Presence**
Operating through a robust branch network, Kapston maintains strategic offices in:
- **Hyderabad** (Corporate and Registered Office)
- **Bengaluru**
- **Visakhapatnam**
- **Guntur**
- **Vijayawada**
- **Mumbai**
- **Pune**
The company expanded into **Chhattisgarh and Coimbatore** in 2024, reinforcing its southern footprint while advancing toward becoming a top 10 national player in manpower and facility management services.
---
### **Digital Transformation & Technology Adoption**
Kapston leverages advanced digital tools to enhance transparency, accountability, and operational efficiency. Core technological initiatives include:
- **Geotagged & Geofenced Attendance System**: Mobile app-based tracking for accurate attendance and presence validation.
- **KYC-Based Digital Onboarding**: Instant employee onboarding via mobile platform, reducing paperwork and processing time.
- **Employee Self-Service (ESS) App**: Centralized mobile portal for access to payslips, training, attendance, leave requests, and employment details.
- **E-Help Desk**: Digital grievance resolution system for real-time support.
- **RFID & Asset Tracking**: For monitoring equipment and security assets.
- **Digital Training Platforms**: To upskill employees consistently.
- **QR-Based Checklists & Visitor Management Systems**: Enhancing security and compliance at client sites.
These innovations enable Kapston to deliver **future-ready, tech-driven workforce solutions** aligned with evolving market demands.
---
### **Strategic Growth & Financial Performance**
- **FY 2024–25 Revenue Growth**: **32.4% YoY**
- **Net Profit Growth**: **33.99% YoY**
- **Q2 FY25 Standalone Revenue**: ₹168 Crore | **Net Profit**: ₹3.94 Crore
- **Q1 FY25 Revenue**: ₹154 Crore | **Net Profit**: ₹3.32 Crore
#### **Growth Drivers:**
- Expansion into **new geographies and high-growth sectors** such as healthcare, logistics, and BFSI.
- Strategic launch and scaling of **Recruitment Process Outsourcing (RPO)** and **apprenticeship programs (NAPS/NATS)**.
- Rising demand for **outsourced, non-core staffing functions** amid corporate cost optimization trends.
- Shift to **hybrid work models**, increasing demand for office security and facility management.
#### **Client Acquisition Momentum:**
- Added **over 20 marquee clients** in Q2 FY25.
- Added **10 new clients** in Q1 FY25.
- Maintains high **client retention and referral rates**, supported by service excellence and digital reliability.
---
### **Organizational Structure & Subsidiaries**
To strengthen its market positioning—particularly in projects requiring MSME status—Kapston established two **100% wholly owned subsidiaries**:
1. **Kapston Manpower Services Private Limited**
2. **Kapston Security Services Private Limited**
These entities allow the company to serve government and corporate clients with preferential procurement norms while driving focused growth in staffing and security.
---
### **Certifications & Compliance**
Kapston upholds high standards of quality and safety through key certifications:
- **ISO 9001:2015** – Quality Management
- **ISO 45001:2018** – Occupational Health & Safety
- **ISO 18788:2015** – Private Security Operations
- **PSARA Licenses** – Active in multiple states
- Membership in leading industry associations: **CAPSI, IISSM, SCSC, FTCCI, HMA, FSAI, KSSA**
The company is also aligned with the **National Labour Codes**, ensuring statutory compliance and future-readiness.
---
### **Summary Snapshot (Nov 2025)**
| **Metric** | **Value** |
|----------------------------------|----------------------------------------|
| **Founded** | 2009 |
| **Listed on NSE** | 2018 |
| **Headquarters** | Hyderabad |
| **Employees** | >30,000 |
| **Women Workforce** | 38% |
| **Clients Served** | 800+ |
| **Service Segments** | 5 (Staffing, Security, Housekeeping, Engineering, IT) |
| **Served Industries** | 15+ major sectors |
| **Geographic Coverage** | Pan-India, with strong South presence |
| **Revenue Growth (FY24–25)** | 32.4% |
| **Net Profit Growth** | 33.99% |
| **Key Initiatives** | Digital HR tools, RPO, NAPS/NATS, MSME subsidiaries |