Krystal Integrated Services Ltd has secured a new order worth ₹315.5 million, reinforcing its leadership in facility management and sanitation services across government institutions. The contract, awarded by a state-run entity, is expected to enhance Krystal’s recurring revenue base and expand its footprint in civic infrastructure projects.
Key Highlights:
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The ₹315.5 million order covers integrated cleaning and housekeeping services for a cluster of public buildings, including hospitals, administrative offices, and transport hubs.
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The contract spans 36 months and includes provisions for mechanized cleaning, waste segregation, and hygiene audits.
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Krystal will deploy over 600 trained personnel and use IoT-enabled equipment to monitor service quality and compliance.
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The company’s order book now exceeds ₹1,200 crore, with over 65 percent linked to long-term government contracts.
Strategic Context:
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The win aligns with Krystal’s strategy to deepen its presence in Tier-I and Tier-II cities through public-private partnerships.
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It complements recent contracts from municipal corporations in Maharashtra and Gujarat, where Krystal has introduced smart sanitation dashboards
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The company is also expanding into ESG-linked services, including green cleaning solutions and carbon-neutral facility operations.
Market Outlook:
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Krystal reported ₹1.1 billion in Q1 FY26 revenue, up 28 percent YoY, with EBITDA margins improving to 17.2 percent.
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Analysts expect the new order to be EPS accretive from Q3 FY26, with potential for renewal and scope expansion.
Sources: CNBC-TV18, Business Standard, Krystal Integrated Services BSE Filings, Moneycontrol, ET Markets (July 2025)