| Security Service | Provides manned guarding, integrated facility management, manpower sourcing, and payroll services. | PSARA licenses, pan-India workforce, government relationships, rapid onboarding capabilities. | B2B and B2G serving healthcare, retail, logistics, BFSI, government departments. | Specialized guarding and integrated facility management contracts. | 370 | 42 | Earns via monthly charges per deployed personnel under multi-year contracts. | Fixed monthly service fees based on workforce deployment size and contract terms. | Increasing demand from formalization, regulatory compliance, and infrastructure expansion. | Manned Security, IFM, Staffing, Payroll Services |
| Toll Collection | User fee collection and operational management at national highway toll plazas. | Few approved vendors, high entry barriers, long contract cycles, and strong execution track record. | B2G, serving National Highways Authority of India (NHAI) and similar entities. | Recurring fees with inflation-linked contracts and low bad debts. | 501 | 56 | Revenue through agreed revenue share and toll collections on sovereign contracts. | Revenue share contracts with upfront deposits and bank guarantees. | Expansion of national toll roads and digital FASTag adoption. | NHAI Toll Management |
| Skill Development Training | Government-funded vocational training and skill development programs for youth. | Extensive government tie-ups, 70+ training centers, and large candidate throughput. | B2G, partnerships with central and state governments. | Government-funded training programs with no credit risk. | 22 | 2 | Grants and payments per certified candidate from government bodies. | Fixed payment per certified trainee under government schemes. | Sustained government initiatives to formalize and skill India's workforce. | Government Schemes Training - PMKVY, PM Vishwakarma |
