- **Kapston Services Ltd is an end-to-end manpower solutions provider, founded in 2009 in Hyderabad and listed on the NSE Main Board since 2020. Originally named Kapston Facilities Management Limited and focused on security and housekeeping, it rebranded in 2022 to reflect a wider portfolio that now spans general staffing, integrated facility management, security, and IT staffing - all built on a single, recurring approach of recruiting, training, and deploying people at client sites. That approach, supported by in-house technology for attendance, onboarding, and training, is what allows the company to serve over 700 clients with more than 30,000 employees across India.** # Business segments A single integrated manpower engine, now extending into a B2C home-services marketplace - one core business that bundles staffing, facilities, and security under one roof, with a digital consumer bet being built alongside it. ## 1. Integrated manpower solutions: the one-stop shop for people and premises **Kapston earns revenue by putting trained, managed personnel on client sites - from a single security guard to an entire facility management team - and gets paid for the service, not just the headcount.** - **Single vendor, multiple services** - because the company offers general staffing, security, housekeeping, engineering maintenance, and IT staffing together, a client can cover its entire manpower and facility needs through one contract rather than managing several providers. - **Trained before they arrive** - the company runs its own training centres and skill-development programmes, including partnerships with the National Skill Development Corporation (NSDC) and government schemes like NAPS and NATS, so it can supply workers who are already prepared for the job rather than relying on the client to train them. - **Technology as the connective tissue** - a suite of in-house digital tools - a geotagged attendance app, KYC-based mobile onboarding, a digital employee self-service portal, and QR-based checklists - gives clients real-time visibility and keeps a dispersed workforce of over 30,000 people connected and accountable. - **Paid when the work is done** - for contract-based assignments, revenue is recognised in the period the service is rendered, measured by the proportionate completion method, which means the company books income as it delivers manpower, not upfront. - **Diversified across the economy** - the client base spans manufacturing, IT, e-commerce, pharma, BFSI, government, healthcare, and more, so demand for staffing does not depend on any single sector’s cycle. ## 2. Kapston Home Services: the consumer marketplace under construction **A newly incorporated subsidiary aims to take the company’s manpower and service-delivery know-how directly to households through a digital platform for home services.** - **Built on the parent’s DNA** - the planned offering covers cleaning, beauty and spa, electrical-plumbing-carpentry (EPC), AC repair, and painting, all of which rely on deploying trained service personnel - the same core competence the company has built since 2009. - **A separate legal home** - the business is housed in a wholly owned subsidiary, Kapston Home Services Private Limited, incorporated in February 2026 with an initial investment of ₹1,00,000, and operations had not yet commenced at the time of incorporation. - **Platform-first thinking** - the company is planning the technology and training infrastructure specifically for a marketplace platform, suggesting a digital-first, app-based consumer experience rather than a traditional offline service model. # Group structure and partners **The company operates through three wholly owned subsidiaries - two for manpower and security, one for the home-services venture - and leans on government skilling partnerships and rated bank facilities to support its operations.** - **Home-services subsidiary with a child of its own** - Kapston Home Services Private Limited (incorporated February 2026) in turn has a fellow subsidiary, Kapston Home Products Private Limited, also incorporated in February 2026, suggesting a structure ready to house product lines alongside services. - **Skilling partnerships supply the pipeline** - partnerships with the NSDC and the Ministry of Rural Development allow the company to tap into government-funded training programmes, creating a steady flow of trained candidates for deployment. - **Rated for bank funding** - as of April 2025, the company’s bank loan facilities were rated by CRISIL at ₹218.5 crore, with a long-term rating of CRISIL BBB/Stable and a short-term rating of CRISIL A3+, providing a credit-backed foundation for working capital and growth.