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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Kapston Services Limited is an India-based company, which is engaged in the business of rendering security and related services, training and facility management, housekeeping and cleaning services and information technology (IT) staffing services. It is a manpower solutions…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, priced for perfection — but flagged on governance.
KAPSTON SERVICES LIMITED is scored on the general / industrial framework. It keeps a thin 3.4% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.32×) — worth a closer look. Free cash flow is worth about 0.2% of its market value.
Over the last 2 years revenue compounded at 26%/yr and profit at 50%/yr. Book value itself has compounded 28%/yr — the hallmark of a genuine compounder. Return on equity is an elite 21.1%. In the latest quarter profit fell 1% versus the prior quarter.
At 57× earnings, the stock sits at the 85th percentile of its own 2.6-year range — the expensive end of where it has historically traded. Today's price already implies ~22%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: Only ₹0.08 of cash per ₹1 profit over 3 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 50.52 | 69.62 | better |
| P/B | 10.64 | — | — |
| EV/EBITDA | 32.68 | 42.67 | better |
| ROE | 21.09 | 9.96 | better |
| ROCE | 14.47 | 9.39 | better |
| ROA | 7.85 | 2.66 | better |
| Quick Ratio | 1.4 | 3.17 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| GMR Airports Infra | 133.1 | -27.7 | -25.6% |
| NBCC | 25.8 | 6.6 | 24.8% |
| INTL Gemological INST | 26.5 | 10.1 | 38.0% |
Revenue has grown every year across all 3 financial years shown. 26% CAGR over 2 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (50% vs 26%) — margin expansion is at work. The latest year saw a +58% swing — check if it's a one-off or structural.
Operating margins have been stable around 3% — no major structural shift.
ROE at 24% — the business earns well above its cost of equity. High ROE despite single-digit margins — an asset-turn play with high capital velocity. Capital efficiency improving — ROE up 7pp across the window.
Profit grew faster than EPS (50% vs 22%) — share dilution is eroding per-share value. 22% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 3 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 0.3× PAT — reported profit isn't translating into cash, raising earnings quality questions. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Low quarterly variance (6% spread) — a predictable, non-seasonal revenue stream.
How today's P/E compares to the stock's own historical range. Dashed line = the 2.6y median.
Promoters hold 67.3% — heavily owner-operated with strong skin in the game. Promoters reduced 5.6pp over 4 quarters — watch whether this is planned divestment or pledge invocations.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.