Kapston Services Limited
NSE: KAPSTONDiversified Commercial ServicesASM stage 1
Share price
₹539.30
-0.57% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
56
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹1,618 Cr
P/E ratio
53.0
P/B ratio
14.1
ROCE
15.1%
ROE
27.3%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 18.5% over the past year, and 30.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 4.1% to 5.7% over the last four years.
Whether it grew faster than its sector
It grew 30.0% a year against a sector median of 9.8% — 20.2 percentage points faster.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
It has no steady three-year profit record yet, so growth cannot be weighed against the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Kapston Services Limited — this one | — | 53.0× | — |
| International Gemmological Institute (India) Limited | 43%/yr | 21.7× | ₹0.51 |
| WeWork India Management Limited | 36%/yr | 101.5× | ₹2.8 |
| Indiabulls Limited | 50%/yr | 16.9× | ₹0.34 |
| Nesco Limited | 11%/yr | 17.4× | ₹1.6 |
| Leap India Limited | 81%/yr | 116.3× | ₹1.4 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Diversified Commercial Services), it ranks 15 of 40 on returns, 5 of 36 on growth, 28 of 40 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 15.1% on capital, ahead of 63% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
No — Over the 3 years of cash statements on file it made ₹5 crore of cash from the business but spent ₹47 crore on plant and equipment, ₹42 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹102 crore to ₹184 crore.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
6 of 7 checks clear · 86%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 10 Aug 2026 · Consolidated · Unaudited
Revenue
₹222 Cr
Revenue vs last year
+16.2%
Revenue vs last quarter
+2.5%
Net profit
₹8 Cr
Profit vs last year
+38.5%
Profit vs last quarter
+12.9%
Net margin
3.8%
EPS
₹2.79
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹1,618 Cr
- Prev close
- ₹539.30
- 52w High
- ₹616
- 52w Low
- ₹164
- Enterprise value
- ₹1,787 Cr
- Beta
- 0.6
- Price CAGR 1y
- 223.0%
- Price CAGR 3y
- 110.0%
- Price CAGR 5y
- 81.0%
- Price CAGR 10y
- —
Ratios
- Return on assets
- 8.0%
- PEG ratio
- —
- P/E ratio
- 53.0
- P/B ratio
- 14.1
- EV / EBITDA
- 36.3
- Industry P/E
- 16.8
- ROCE
- 15.1%
- ROCE 5y average
- 14.0%
- ROE
- 27.3%
- Debt / Equity
- 1.6
- Interest coverage
- 2.8
- Dividend yield
- 0.0%
- ROE 3y average
- 23.0%
- ROE last year
- 27.0%
Annual P&L
- Annual revenue
- ₹830 Cr
- Annual profit
- ₹28 Cr
- Operating margin
- 5.0%
- Net profit margin
- 3.4%
- EBITDA margin
- 5.3%
- Sales growth 3y
- —
- Sales growth 5y
- —
- Profit growth 3y
- —
- Profit growth 5y
- —
- EPS
- ₹9.2
- Sales growth TTM
- 19.0%
- Profit growth TTM
- 48.0%
- Dividend payout
- 0.0%
Quarter P&L
- Sales latest quarter
- ₹222 Cr
- Profit latest quarter
- ₹8 Cr
- YoY quarterly sales growth
- 16.2%
- YoY quarterly profit growth
- 38.5%
- OPM latest quarter
- 6.6%
Balance Sheet
- Book Value
- ₹38.7
- Face Value
- ₹5.0
- Total debt
- ₹184 Cr
- Total cash
- ₹15 Cr
- Borrowings
- ₹184 Cr
- Reserves / Equity
- 6.7
Cash Flow
- Operating cash flow
- ₹9 Cr
- Free cash flow
- ₹3 Cr
- FCF yield
- -0.7%
- Net cash flow
- ₹2 Cr
Shareholding
- Promoter holding
- 72.9%
- FII holding
- 0.0%
- DII holding
- —
- Public holding
- 27.1%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| International Gemological Instit | 317.05 | 22.5 | 13,702 | 0.80 | 165.7 | 31.0 | 370.8 | 23.2 | 69.3 |
| Wework India | 673.15 | 108.0 | 9,348 | 0.00 | -4.6 | 68.7 | 680.2 | 27.4 | 20.6 |
| Indiabulls | 32.49 | 15.7 | 7,577 | 0.00 | 141.0 | 35647.5 | 359.5 | 292.3 | 16.2 |
| NESCO | 1,028.90 | 17.4 | 7,250 | 0.68 | 100.0 | 4.0 | 211.8 | 9.6 | 18.5 |
| NDR INVIT Trust | 153.00 | 70.4 | 7,008 | 1.72 | 36.0 | -5.4 | 124.0 | 22.1 | 5.1 |
| Leap India | 148.03 | 111.8 | 6,521 | 0.00 | 24.7 | 30.2 | 203.4 | 19.1 | 8.3 |
| Inox Green | 135.87 | 46.5 | 5,701 | 0.00 | 40.8 | 84.8 | 43.3 | -23.0 | 8.1 |
| Kapston Services | 545.45 | 54.4 | 1,660 | 0.00 | 8.5 | 38.5 | 221.7 | 16.2 | 15.1 |
| Median | 162.80 | 16.7 | 429 | 0.00 | 8.4 | 38.2 | 83.8 | 16.2 | 14.8 |
Competes with: Indiabulls Limited, Inox Green Energy Services Limited, International Gemmological Institute (India) Limited, Leap India Limited, Nesco Limited, Nirlon Limited, Smartworks Coworking Spaces Limited, WeWork India Management Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 113 | 128 | 137 | 141 | 154 | 168 | 183 | 185 | 191 | 211 | 213 | 216 | 222 |
| Expenses | 124 | 132 | 134 | 147 | 161 | 175 | 176 | 182 | 201 | 201 | 203 | 207 | |
| Material Cost | 1.81 | 1.84 | 1.86 | 1.73 | 2.01 | 2.50 | |||||||
| Change in Inventories | 0 | 0 | 0 | 0 | -0.34 | -0.48 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Employee Cost | 171 | 177 | 196 | 197 | 197 | 201 | |||||||
| Other Expenses | 3.28 | 2.67 | 3.24 | 2.68 | 4.33 | 3.67 | |||||||
| Operating Profit | 4.86 | 5.47 | 7.24 | 6.51 | 7.26 | 8.01 | 9.39 | 9.14 | 9.95 | 11 | 13 | 15 | |
| OPM % | 4.69 | 3.79 | 3.99 | 5.12 | 4.24 | 4.32 | 4.39 | 5.07 | 4.79 | 4.72 | 5.28 | 6.23 | 6.56 |
| Other Income | 0.60 | 0.41 | 0.14 | 0.14 | 0.23 | 0.22 | 0.21 | 0.59 | 0.62 | 0.20 | 0.28 | 0.23 | |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 2.67 | 2.70 | 2.70 | 2.80 | 3.06 | 3.23 | 3.34 | 3.31 | 3.25 | 3.26 | 4.41 | 3.94 | |
| Depreciation | 0.76 | 0.89 | 1.16 | 0.94 | 1.09 | 1.32 | 1.14 | 0.91 | 0.93 | 1.03 | 1.02 | 1.10 | |
| Profit before tax | 2.03 | 2.29 | 3.52 | 2.91 | 3.34 | 3.68 | 5.12 | 5.51 | 6.39 | 7.13 | 8.32 | 9.72 | |
| Tax % | -113 | -17 | 22 | -14 | -18 | -23 | -18 | -11 | -10 | -4.07 | 9.62 | 13 | |
| Net Profit | 4.33 | 2.69 | 2.76 | 3.32 | 3.93 | 4.53 | 6.05 | 6.13 | 7.06 | 7.43 | 7.52 | 8.49 | |
| EPS in Rs | 1.42 | 0.88 | 0.91 | 1.09 | 1.29 | 1.49 | 1.99 | 2.02 | 2.32 | 2.44 | 2.47 | 2.79 | |
| Diluted EPS in Rs | 2.98 | 3.02 | 3.48 | 3.66 | 2.47 | 2.79 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|
| Sales | 520 | 689 | 830 | 861 |
| Expenses | 497 | 658 | 786 | 812 |
| Material Cost | 7.65 | 7.44 | ||
| Change in Inventories | 0 | -0.34 | ||
| Purchases of Stock-in-Trade | 0 | 0 | ||
| Employee Cost | 640 | 766 | ||
| Other Expenses | 11 | 13 | ||
| Operating Profit | 23 | 31 | 44 | 49 |
| OPM % | 4.40 | 4.60 | 5 | 6 |
| Other Income | 1 | 1 | 2 | 1 |
| Exceptional items (within Other Income) | 0 | 0 | ||
| Interest | 11 | 13 | 15 | 15 |
| Depreciation | 4 | 4.49 | 3.89 | 4 |
| Profit before tax | 10 | 15 | 27 | 32 |
| Tax % | -27 | -19 | -3 | |
| Net Profit | 13 | 18 | 28 | 30 |
| EPS in Rs | 4.13 | 5.87 | 9.24 | 10 |
| Diluted EPS in Rs | 8.79 | 9.24 | ||
| Dividend Payout % | 0 | 0 | 0 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- 19%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- 48%
Stock price CAGR
- 10 years
- —
- 5 years
- 81%
- 3 years
- 110%
- 1 year
- 223%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- 23%
- Last year
- 27%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Equity Capital | 10 | 10 | 15 |
| Reserves | 61 | 79 | 101 |
| Borrowings | 102 | 169 | 184 |
| Other Liabilities | 33 | 41 | 48 |
| Minority Interest | 0 | ||
| Total Liabilities | 207 | 299 | 349 |
| Fixed Assets | 18 | 60 | 62 |
| CWIP | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 |
| Other Assets | 189 | 239 | 285 |
| Total Assets | 207 | 299 | 349 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Cash from Operating Activity | 4 | -8 | 8.95 |
| Cash from Investing Activity | -2 | -39 | -6 |
| Cash from Financing Activity | -2 | 47 | -1 |
| Net Cash Flow | 0 | 0 | 2 |
| Free Cash Flow | 2 | -47 | 3.38 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Debtor Days | 89 | 87 | 89 |
| Cash Conversion Cycle | 89 | 87 | 89 |
| Working Capital Days | 31 | 26 | 28 |
| ROCE % | 13 | 15 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
169inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about Kapston Services Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Sells to
- E-commerce and logistics · manpower and facility management services
- Malls and retail · security and housekeeping services
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Services
- Industry
- Diversified Commercial Services
- Classification
- Services › Diversified Commercial Services
- ISIN
- INE542Z01028
News impact
Big market events that reach Kapston Services Limited, and how the effect spreads.
29 Sept, 15:43 IST · Market event · medium impact
Will Your Monthly Take-Home Salary Fall? Your PF Deduction Has Changed From Sept 17 - Here’s The Math
The government raised the PF salary limit to Rs 25,000, so 51 lakh more workers earn retirement savings, but take-home pay falls and staffing, delivery and consumer-goods firms face higher costs and softer sales.
Who it hits first
- The Union Cabinet raised the EPFO wage ceiling from Rs 15,000 to Rs 25,000 from September 17, 2026, adding over 51 lakh workers to mandatory PF, pension and insurance.
- Staffing and facility firms like Kapston, which supplies guards and cleaners, and Bluspring, which staffs work sites, must now pay employer PF for many more workers on thin 5% and 1.6% margins.
- Delivery firms like Delhivery, which moves parcels, and Shadowfax, which delivers e-commerce orders, face higher hub and rider PF bills that are hard to pass on quickly.
- Mass consumer-goods makers like Marico, which sells Parachute oil, and Nestle India, which sells Maggi, face softer spending as workers take home less pay.
Who may gain
- Over 51 lakh newly covered workers, who gain retirement savings, pension and insurance for the future despite lower take-home now.
- The EPFO itself, which collects a larger retirement corpus from more members.
- No listed company benefits near-term — staffing, delivery and consumer-goods firms all face higher costs or softer sales.
Along the supply chain
Downstream
Downstream, parcel carriers like Delhivery and Shadowfax, the e-commerce delivery firms, and household-goods sellers like Marico and Nestle India feel the second hit as higher wage bills squeeze delivery margins and smaller pay packets soften shop sales.
Upstream
Upstream, staffing and facility suppliers like Kapston, the guard and cleaner provider, and Bluspring, the work-site staffing firm, absorb the first hit as they must fund PF for thousands of Rs 15,000-25,000 workers before clients agree to higher billing rates.
Where demand moves
Business
Business demand shifts from spending to saving: employers pay more PF per worker, so clients delay new staffing orders and workers with smaller take-home buy fewer packaged goods, trimming orders for Marico, the oil and foods maker, and Nestle India, the Maggi maker, while parcel volumes stay flat.
Capital
Capital turns cautious on thin-margin staffing and delivery firms like Kapston, the guard and facility supplier, and Delhivery, the parcel mover, and on mass household-goods makers, waiting to see how much PF cost gets passed through in contracts and prices.
How it spreads across sectors
Fast Moving Consumer Goods
Packaged-food and household-goods makers see softer volumes as 51 lakh workers take home less pay, though strong brands cushion the dip.
Services
Staffing, facility, logistics and delivery firms face higher PF bills for low-wage staff on thin margins, so near-term profits dip until contracts reprice.
When it plays out
Immediate
Payroll teams update PF deductions and staffing firms flag higher billing; staffing and delivery shares wobble 1-3% on cost fears.
Medium term
Contracts reprice to share the PF load, 51 lakh new PF members build savings, and spending steadies as workers adjust to new take-home.
Short term
September salaries show lower take-home, shop sales soften for mass goods, and employers start talks to pass PF costs into vendor rates.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 6 Mar 2026 | bonus | ₹0 |
|---|---|---|
| 9 Aug 2024 | split | ₹0 |
| 17 Nov 2020 | interim | ₹1 |
Splits, bonuses & buybacks
- daily-prices repair: 12 rows from NSE's archive (replace 4, delete 3, insert 5), 2018-11-14..2026-05-28 (docs/flat_day_repair.md)1× · 14 Nov 2018
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 30 Sep 2026 | SRIKANTH KODALI | SELL | 4,03,713 | ₹550.24 |
| 29 Sep 2026 | SRIKANTH KODALI | SELL | 5,09,200 | ₹550.81 |
| 25 Sep 2026 | SRIKANTH KODALI | SELL | 12,00,000 | ₹567.53 |
| 25 Sep 2026 | SWATHI NANDAMURI | BUY | 2,50,000 | ₹566.81 |
| 25 Sep 2026 | ESWARA NARAYANA KOSARAJU | BUY | 2,50,000 | ₹566.80 |
| 25 Sep 2026 | KALYAN RAM NANDAMURI | BUY | 2,50,000 | ₹570.00 |
| 25 Sep 2026 | HARI KRISHNA KOSARAJU | BUY | 2,50,000 | ₹556.64 |
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 1 Oct 2026 | SRIKANTH KODALI · Promoter | SELL | 9,12,913 | 50.18 |
| 26 Sep 2026 | SRIKANTH KODALI · Promoter | SELL | 12,00,000 | 67.90 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-261 Sep 2026
- Annual report · 2024-252 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.