Kapston Services LimitedQ2 FY27 Results & Financial Update

Kapston Services Limited: Q2 FY27 consolidated results and company financials – revenue ₹225.37 Cr, PAT ₹8.41 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: KAPSTONPublished 22 Oct 2026Updated 22 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹225.37 CrReported Q2 FY27
Profit after tax₹8.41 CrReported Q2 FY27
Sequential change-1.0%Quarter-on-quarter

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Quarterly Results AnalysisExplore Kapston Services Q2 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

Kapston Services Limited reported consolidated total revenue of INR 225.68 crore for the second quarter of fiscal 2027, marking a sequential expansion over the INR 221.88 crore recorded in the preceding first quarter of FY27. Official quarterly disclosures highlighted a total revenue figure of INR 225.68 crore, accompanied by an absolute company-reported year-on-year growth rate of 6.82% compared to Q2 FY26.

02

Profit after tax for the quarter stood at INR 8.41 crore, reflecting a marginal moderation from INR 8.49 crore in the preceding quarter. On a comparative basis with the corresponding quarter of the previous financial year, management disclosures in the company press release indicated a year-on-year PAT growth of 19.12%, moving upward from INR 7.06 crore in Q2 FY26.

03

Earnings per share for Q2 FY27 was recorded at INR 2.77, compared to INR 2.79 in Q1 FY27. The sequential movement in profitability metrics indicates stable operational execution alongside continued investments in scaling newer business verticals and subsidiaries.

04

Total expenses and overheads for the quarter included finance costs of INR 4.17 crore and depreciation and amortization charges of INR 1.29 crore. Tax provisioning for the period was established at INR 1.03 crore, reflecting effective tax obligations relative to the consolidated pre-tax profit of INR 9.44 crore.

05

During the quarter, the company's board of directors approved a stock split or subdivision of equity shares, proposing to alter the face value from INR 5.00 per share to INR 1.00 per share, subject to necessary shareholder approvals. This corporate action is aimed at enhancing liquidity and expanding retail participation in the company's equity.

06

Operational momentum during the quarter was reinforced by the official launch of the B2C home services business under subsidiary Kapston Home Services Private Limited in Hyderabad. The launch event, graced by brand ambassador Akkineni Nagarjuna, established the operational framework for app-based home care delivery.

07

Management commentary emphasized continued client acquisition across core business segments and the maintenance of operational standards across all service verticals. The combination of established B2B manpower contracts and emerging B2C digital offerings forms the core of the company's current operational phase.

01 · Business model

What does Kapston Services do?

Kapston Services Limited operates as an end-to-end manpower solutions and facility management provider, catering to a diverse corporate and institutional client base across India. Established in 2009, the company deploys a large workforce of associates to serve multiple industry verticals, positioning itself as a comprehensive recruitment and staffing partner.

The enterprise derives its primary revenue from supplying trained personnel across security, facility management, housekeeping, and specialized staffing categories. Its service portfolio addresses workforce requirements for corporate offices, manufacturing plants, infrastructure sites, residential complexes, and retail establishments.

Operating nationally, Kapston maintains a widespread footprint backed by regulatory compliances such as PSARA licenses across multiple states. The company manages extensive deployment logistics, matching large-scale corporate client demands with structured recruitment, training, and deployment processes.

Beyond its core B2B staffing operations, the group participates in specialized facility services and has expanded into consumer-facing home services through its subsidiary, Kapston Home Services Private Limited (KHSPL), establishing a foothold in technology-enabled home maintenance and wellness segments.

02 · Historical context

What shaped the business before this quarter

Inception and Growth

Established in 2009, Kapston Services Limited grew from its regional roots into a national manpower and facility solutions provider, expanding its workforce deployment beyond 32,000 associates.

Client Base Expansion

Prior operational expansion enabled the company to build a client roster exceeding 900 active corporate and institutional clients across diverse sectors prior to the current fiscal year.

03 · Financial snapshot

Current quarter vs the available comparable

MetricQ2 FY27Previous quarter
Revenue from operations₹225.37 Cr₹221.66 Cr
Total income₹225.69 Cr₹221.88 Cr
Profit before tax₹9.44 Cr₹9.72 Cr
Profit after tax₹8.41 Cr₹8.49 Cr
EPS₹2.77₹2.79

04 · Why it moved

Why the quarter looked the way it did

What drove revenue

Manpower Deployment Volume

Revenue generation is directly tied to the volume and scale of outsourced personnel deployed across the company's client base of over 900 corporate accounts.

Multi-Sector Client Engagement

Demand spans IT and ITES, multinational corporations, BFSI, healthcare, hospitality, retail, pharma, FMCG, infrastructure, and construction, providing diversified top-line streams.

New Customer Additions

Management reported continuous customer additions across business segments during Q2 FY27, supporting ongoing revenue flows.

What drove margins

Financing Expenses

Finance costs of INR 4.17 crore for the quarter represent a key overhead item influencing net margins, reflecting working capital and operational financing requirements.

Depreciation Impact

Depreciation and amortization of INR 1.29 crore reflect the capital asset base utilized in supporting field operations and technology infrastructure.

Tax Efficiency

Tax expenses of INR 1.03 crore on a pre-tax profit of INR 9.44 crore maintained an effective tax rate characteristic of the current consolidated earnings mix.

05 · Demand, customers & order book

Where demand is coming from

Client Concentration

The company serves more than 900 clients spanning IT/ITES, manufacturing, banking, infrastructure, and residential sectors.

Workforce Scale

Active associate deployment exceeds 32,000 personnel distributed across various client sites nationwide.

B2C Application Engagement

The customer application for home services crossed approximately 150,000 downloads following its August 2026 launch.

06 · Segments, products & geography

Which parts of the business are doing the work

Segments and products

B2B Manpower Solutions

The core B2B segment continued to service diverse industries with trained security, housekeeping, and administrative personnel, maintaining established enterprise relationships.

B2C Home Services Subsidiary

Subsidiary Kapston Home Services Private Limited launched its technology platform in Hyderabad, offering beauty, wellness, cleaning, home repairs, electrical, plumbing, and carpentry services.

Geography and market mix

National B2B Footprint

The company maintains operations across multiple states in India, backed by state-level PSARA licensing and regional branch offices.

Hyderabad B2C Launch

The initial rollout of the consumer home services business was concentrated in Hyderabad, serving as the launchpad for future multi-city expansion.

07 · Strategy & new businesses

How the company is trying to change its growth mix

B2C Platform Launch

Kapston Home Services Private Limited successfully launched its B2C home services business on August 12, 2026, in Hyderabad, onboarding around 400 service partners on its technology platform.

08 · Reported developments

What changed operationally

Revenue Growth

Total revenue reached INR 225.68 crore in Q2 FY27, reflecting positive year-on-year expansion of 6.82% as reported in company disclosures.

Profitability Expansion

Consolidated PAT for Q2 FY27 stood at INR 8.41 crore, up 19.12% year-on-year compared to INR 7.06 crore in Q2 FY26.

Stock Subdivision Approval

The board approved a stock split from a face value of INR 5 per share to INR 1 per share, subject to shareholder approval.

09 · Management guidance & targets

What management is targeting from here

B2C Expansion Aspirations

Management stated an aspiration to grow the B2C home services business multifold with a future presence across major Indian cities.

10 · Beyond the numbers

What changed beyond the numbers

Reported update

Board Approval for Stock Split

The board of directors approved the subdivision of equity shares from a face value of INR 5 to INR 1 per equity share, pending shareholder clearance.

11 · Previous-quarter changes

What changed since the previous quarter

Sequential Revenue Progression

Total revenue increased from INR 221.88 crore in Q1 FY27 to INR 225.69 crore in Q2 FY27.

Net Profit Stabilization

PAT remained steady at INR 8.41 crore in Q2 FY27 compared to INR 8.49 crore in Q1 FY27.

12 · Key Q&A

The quarter, answered directly

What does Kapston Services do?

Kapston Services Limited operates as an end-to-end manpower solutions and facility management provider, catering to a diverse corporate and institutional client base across India. Established in 2009, the company deploys a large workforce of associates to serve multiple industry verticals, positioning itself as a comprehensive recruitment and staffing partner.

What is the clearest takeaway from Q2 FY27?

Kapston Services Limited reported consolidated total revenue of INR 225.68 crore for the second quarter of fiscal 2027, marking a sequential expansion over the INR 221.88 crore recorded in the preceding first quarter of FY27. Official quarterly disclosures highlighted a total revenue figure of INR 225.68 crore, accompanied by an absolute company-reported year-on-year growth rate of 6.82% compared to Q2 FY26.

What drove revenue or demand?

Revenue generation is directly tied to the volume and scale of outsourced personnel deployed across the company's client base of over 900 corporate accounts.

What mattered most for margins or profitability?

Finance costs of INR 4.17 crore for the quarter represent a key overhead item influencing net margins, reflecting working capital and operational financing requirements.

What changed operationally beyond the headline numbers?

Kapston Home Services Private Limited successfully launched its B2C home services business on August 12, 2026, in Hyderabad, onboarding around 400 service partners on its technology platform.

What is management guiding or targeting from here?

Management stated an aspiration to grow the B2C home services business multifold with a future presence across major Indian cities.

13 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

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Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

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The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

14 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Shareholder Approval for Stock Split: Monitor the upcoming general meeting for shareholder voting outcomes regarding the proposed stock face-value split from INR 5 to INR 1.

  2. 02

    B2C Geographic Scaling: Track the rollout of Kapston Home Services into additional Indian cities beyond Hyderabad as indicated in management expansion plans.

  3. 03

    H2 FY27 Financial Performance: Observe subsequent quarterly filings to evaluate whether the H1 FY27 revenue growth rate of 11.18% is sustained through the remainder of the fiscal year.

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