Kapston Facilities Management Ltd.
|BSE: 535064||Sector: Others|
|NSE: KAPSTON||ISIN Code: INE542Z01010|
|BSE 05:30 | 01 Jan||Kapston Facilities Management Ltd|
|NSE 00:00 | 19 Dec||111.00||
Kapston Facilities Management Ltd. (KAPSTON) - Chairman Speech
Company chairman speech
As you all know this is our first annual communication since thelisting of our Company on the Nation Stock Exchange (NSE Emerge). Our Company went publicin March and got listed on 4 April 2018. The new capital raised through the IPO hasimproved our financial strength. We have launched ourselves on a vigorous growthpath.Known well already our Company which was incorporated and launched in 2009 inHyderabad has grown very rapidly. The revenue grew rapidly from Rs.0.46 crores in the year2009-10 to Rs. 118.51 crores in the year 2017-18. We ended the financial year 2017-18 withgood profit of Rs.6.01 crores.
Our Company which provides Security House Keeping and Engineeringservices for both public and private facilities has a dominant presence in South Indiaparticularly Telangana Andhra Pradesh and Karnataka. We have started our operationsrecently in Tamilnadu.
Our Company has the distinction of working in collaboration with theNational Skill Development Corporation and training unemployed youth under the prestigiousDeen Dayal Upadhya Grameen Kaushalya Yojana (DDU-GKY) under the government ofIndia in the states of Maharastra Karnataka Kerala Odisha and Assam. So far we havetrained as many as 33270 youth and provided jobs to a majority of them. We are happy tosay that we will take up more such projects in the future.
We have a big team of as many as 257 executive and senior levelofficers at the corporate level and about 8500 associates at
the operations level providing services for a variety of facilities invarious types of industries.
Our teams involved in recruitment training operations businessdevelopment finance accounts secretarial & legal and human resource management arehighly capable and dedicated always working for the growth and development of our Company.I thank them for their hard work and congratulate them for their success.
The Indian Facilities Management Industry is expected to grow in doubledigits for the next few years. I expect our company to grow very well in the next fewyears both qualitatively and quantitatively and create wealth for the shareholders andhappiness to all the Associates.
We hope to serve the local communities by taking up good projects as apart of our Corporate Social Responsibility. I
request all our Associates to help us in helping others around us.
I look forward to meeting you and interacting with you at our AnnualGeneral Meeting.
Chereddi Ramachandra Naidu
Kapston Facilities Management Limited