Krystal Integrated Services Ltd(KRYSTAL)

NSE: KRYSTALBSE: 544149

₹ 588-2.78%refreshed 23 Oct, 03:30 pm ISTMarket cap: ₹ 822 crWebsite: www.krystal-group.comUpdated: 24 Oct 2026

About

Krystal Integrated Services Ltd, established in 2000, is an integrated services company providing facility management, staffing and payroll, private security, waste management, technical facility management, catering, solar EPC and home services. Consolidated revenue was Rs 1,277.28 crore in FY26. Manpower and related services made up 86.5% of FY26 revenue, and catering and related services made up 12.4%.^[1][2]

Business segments

Manpower and Related Services: Rs 1,106.1 crore of revenue, 86.5% of the total, with a 5.9% EBIT margin in FY26.^[3]
Catering and Related services: Rs 159.0 crore of revenue, 12.4% of the total, with a 5.8% EBIT margin in FY26.^[3]
The FY26 annual report also lists Information Technology Enabled Services as a segment, with revenue of 129.10 (Rs lakh) in FY26, compared with 723.26 in FY25.^[1][4]
Catering revenue grew from Rs 30 crore to Rs 74 crore in FY25. Management said its kitchen capacity was not yet fully used.^[5]
Institutional catering is run through the subsidiary Krystal Gourmet Private Limited.^[1]
Taskmaster, a wholly owned subsidiary offering app-based home services, earned Rs 46 lakh in FY26 and was still running pilot operations in Mumbai.^[6][1]

Services and verticals

In FY25, technical facility management (MEP, HVAC and DG maintenance) was split off from integrated facility management as a standalone vertical.^[5]
Waste management work includes bio-mining, operating CETPs and ZLD systems, and wastewater mandates with tenures of more than fifteen years (FY26).^[1]
Its first wastewater EPC plus O&M contract is a Rs 19.20 crore ZLD effluent treatment contract from Tindivanam Pharma Park Association in Chennai, followed by 7 years of O&M (Q2 FY26).^[7]
Municipal solid waste work in Thane and Vasai-Virar handles over 350 tonnes per day (FY26).^[1]
Its solid waste pre-qualification lets it bid for projects of about 480-500 TPD, according to the Q4 FY26 call.^[6]
Won its first Solar EPC order in FY26, marking its entry into renewable energy.^[1]
An O&M contract for MSEDCL substations of 33kV and below qualifies it to bid for substation O&M work at other state electricity boards (FY26).^[6][1]

Operations and workforce

On-site staff by service line in FY26: 22,470 in IFM, 13,849 in staffing and payroll, 5,270 in security and 87 in food and beverages.^[1]
Had 33 branches as of 30 Sep 2025, up from 26 in FY25.^[7]
Expanded into eastern India in FY26 with operations in Kolkata, Guwahati, Bhubaneswar, Angul and Jorhat.^[1][6]
Plans to create 10,000+ jobs across 25+ cities between October 2026 and March 2027, after 9,500+ employment opportunities across 40+ cities in FY2026-27.^[8]

Order book

The consolidated order book for the three years 2026-27 to 2028-29 is more than Rs 2,500 crore, per the FY26 annual report.^[1]
Standalone order book was about Rs 1,220 crore as of 31 Mar 2026.^[6]
In Q2 FY26 the order book was more than Rs 2,600 crore: over Rs 1,600 crore from government and over Rs 960 crore from corporate clients. Contracts typically run 3+1 years.^[7]

Customers

Contract renewal rate among eligible non-government clients has been 100% for five consecutive years (FY26).^[1]
40% of its top 10 customers have been retained for over ten years (FY26).^[1]
Added 177+ new customers and 255+ new sites in FY26, with a combined multi-year new business value of Rs 300 crore.^[6]
Added 139 new customers in FY25, compared with 76 in FY24. The customer base was 461 customers across 3,209 locations.^[5]
Fortis Hospital, Livspace, Indira IVF and Maersk Line Shipping were onboarded as full national accounts in FY26.^[1][6]
Corporate RFP participation rose fivefold in FY26, to 30-31 companies from 5-6 in FY25.^[1][6]
Corporate segment revenue grew 53% YoY in H1 FY26, and 92 new corporate clients were added in that half.^[7]
Did not pursue about Rs 180 crore of low-margin government business in FY26.^[6]

Contract wins

9 Oct 2026: won a Rs 25,99,41,549.25 order from South East Central Railway, Bilaspur Division, for on-board housekeeping and linen distribution over 24 months.^[9]
29 Sep 2026: won a Rs 8.75 crore manpower order from Kosol Energie to deploy 250 professionals at its Bavla, Gujarat factory, running 12 Oct 2026 to 11 Oct 2027.^[10]
FY26: won a mandate covering 167 government healthcare institutions in Tamil Nadu.^[1]
Government wins announced in H1 FY26: Rs 370 crore from Commissionerate of Social Welfare Pune (hostels and residential schools), Rs 168 crore from DME Andhra Pradesh (hospital sanitation), Rs 157 crore from Directorate of Education Delhi and Rs 65 crore from MSEDCL.^[7][1]
FY26: appointed for facility management at the new terminals of Patna and Vijayawada airports, and received manpower orders for Mumbai Metro lines.^[1]
Among the top three qualifying agencies nationally under CBS guidelines for the Vasai Virar municipal solid waste contract (FY26).^[1]
Q4 FY25 wins included a Rs 349 crore facility management contract from Tamil Nadu Medical Services and an Rs 84 crore sanitization order from PGIMER.^[5]

Expansion and acquisitions

May 2026: completed the acquisition of Citelum India, part of France's EDF Group, which holds smart city lighting contracts in Ahmedabad, Noida and Chennai.^[1]
Seven new subsidiaries in power, water, ports and waste works had yet to commence operations as of the FY26 annual report.^[1]
Associate AKSESPL signed a Power Purchase Agreement for grid-connected rooftop solar on a BOOT basis at Maharashtra government hospitals (FY26).^[1]
Aims to raise its solid waste pre-qualification from about 480-500 TPD to 800-1,000 TPD within 18 months (stated in Q4 FY26).^[6]

Market Cap

₹822 Cr

High / Low

₹695 / 500

Stock P/E

14.1

Price / Book

1.7

Book Value

₹357

EPS

₹46.1

No. of Shares

1.4 Cr

ROCE

16.0%

ROE

13.7%

OPM

7.0%

Debt / Equity

0.22

Sales

₹1,277 Cr

Net Profit

₹64 Cr

Promoter holding

70.0%

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Krystal Integrated Services Ltd(KRYSTAL)

About

Business segments

Services and verticals

Operations and workforce

Order book

Customers

Contract wins

Expansion and acquisitions

Signal history

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Company data

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