The shares of a micro cap manpower solution provider engaged in facility management and staffing services surged as much as 7 percent on Monday’s trade after reporting strong Q3 numbers where Net profits jumped 68 percent YoY.
Share Price Movement
The shares of Kapston Services Ltd, with a market capitalization of Rs 523 Crores, gained around 6.5 percent reaching an Intraday high of Rs 262 per share. As of 11:00 am, the shares slightly retreated to Rs 258 apiece, 5 percent higher than the previous close of Rs 246.
Q3FY25 Results
Net Profits surged 68 percent YoY from Rs 2.69 Crores in Q3FY24 to Rs 4.53 Crores in Q3FY25. On a quarterly basis, profits increased by 15.3 percent from Rs 3.93 Crores in Q2FY25.
Their Revenue from Operations grew by 33 percent YoY from Rs 137 Crores in Q3FY24 to Rs 182 Crores in Q3FY25. On a quarterly basis, revenues increased by 8.3 percent from Rs 168 Crores in Q2FY25.
EBITDA increased by 42 percent YoY from Rs 5.88 Crores in Q3FY24 to Rs 8.34 Crores in Q3FY25. On a quarterly basis, they grew by 11.5 percent from Rs 7.48 Crores in Q2FY25.
Their Earnings Per share grew from Rs 1.33 in Q3FY24 to Rs 2.23 in Q3FY25.
Indian Service Sector
The service sector contributes over 50% to India’s GDP and grew by 9.1% in 2022-23. Of the 8.12 million jobs created in FY23, nearly half were in IT, banking, and finance. In FY24, the services sector contributed 55% to India’s Gross Value Added at current prices and led in FDI inflows, according to the Department for Promotion of Industry and Internal Trade (DPIIT).
About Kapston Services Ltd
Kapston Services Ltd, founded in Hyderabad in 2009, offers comprehensive manpower solutions, including General Staffing, Security Services, Facilities Management, Technical Services, and IT Staffing. Serving diverse sectors like Manufacturing, Pharma, Healthcare, FMCG, Ecommerce, and Government, the company operates with over 28,000 employees across 1200+ locations in 20+ states, and has served over 600 clients.
Written By Adhvaitha Nayani
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