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Krystal Integrated Services Ltd

₹ 513-2.23%
05 Jan – close price
🔗krystal-group.com•BSE: 544149•NSE: KRYSTAL
Market Cap₹ 717 Cr.
Current Price₹ 513
High / Low₹ 785
Stock P/E12.4
Book Value₹ 326
Dividend Yield0.29 %
ROCE16.8 %
ROE15.0 %
Face Value₹ 10.0
Sales₹ 1,159 Cr.
OPM6.54 %
Mar Cap₹ 717 Cr.

ABOUT

Krystal Integrated Services is an integrated facilities management service (FMS) company, with a focus on healthcare, education, and public administration.[1]

KEY POINTS

Integrated Facilities Management company[1]Krystal Integrated Services Ltd (KISL) is a leading player in India’s facility management industry. It offers integrated facility management services, staffing and payroll, private security, catering, and technical and waste management solutions. The company primarily services government entities and large corporate clients, providing bundled, tech-driven, high-quality services across multiple sectors.

Also present in buckets:
Aggressive Growth TriggersRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.International Ge332.7528.1514380.110.75129.7918.42303.7421.4368.011174.4359.40510.83129.7911.6240.560.11
2.NESCO1253.3021.358830.750.52118.9111.26239.1824.5121.12831.0757.58413.61118.913.1613.760.04
3.Wework India610.8546.418186.810.007.39-96.38573.0322.26137.071941.8163.70176.417.39–3.5722.73
4.Smartworks Cowor506.00–5781.660.00-3.1480.16424.7821.246.971374.0662.39-64.72-3.1411.35-1.478.60
5.CMS Info Systems342.2015.745628.251.9073.35-19.32608.62-2.5523.672436.5925.32357.6873.352.4112.440.10
6.NDR INVIT Trust128.0035.005068.961.4336.6039.07103.6138.004.74379.0387.31144.8237.051.332.650.38
7.Nirlon499.8014.174504.205.20147.66161.39165.313.1830.18647.6778.91317.91147.669.7110.002.47
8.Krystal Integrat513.1012.40716.900.2912.28-14.78244.10-0.8416.821159.346.5457.8012.281.578.830.22
–Median: 60 Co.142.6322.77402.390.06.5136.264.0525.1612.84272.7314.8413.636.482.795.210.28

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2023Sep 2024Sep 2025
Sales
185273257210243285186274374228246244
Expenses
170255240196227266176256349211230228
Operating Profit
141816141619101725171616
Other Income
024155235345
Profit before tax
12151611161771524151614
Tax %
19%18%11%18%6%14%-25%2%34%20%7%15%
Net Profit
912149151591516121412
EPS in Rs
16.4010.7910.3315.9010.9510.7415.8810.6111.5010.2410.318.79

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
3203714565065356829811,1131,159
Expenses
2953434144684966319141,0401,084
Operating Profit
252843383950677376
Other Income
12337781718
Interest
55891010121012
Depreciation
2333447810
Profit before tax
192235283243567272
Net Profit
141625222638486058
EPS in Rs
24.3528.0843.2139.0345.1666.3134.5243.1041.36
Dividend Payout %
-0%-0%-0%-0%-0%-0%4%3%–

Compounded Profit Growth

10 Years:%
5 Years:19%
3 Years:32%
TTM:1%

Compounded Sales Growth

10 Years:%
5 Years:20%
3 Years:28%
TTM:12%

Return on Equity

10 Years:%
5 Years:17%
3 Years:17%
Last Year:15%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:%
1 Year:-25%

Balance Sheet

Standalone figures in ₹ crores

Mar 2018Mar 2019Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
66666141414
Reserves
7490137155155358417441
Borrowings
13216574508790101
Other Liabilities
5575131161125167216201
Total Liabilities
148191339396335626737757
Fixed Assets
12121011778099106
Gross Block
30.3930.0230.3736.98108.00116.15142.15–
Accumulated Depreciation
18.4517.9520.5926.2430.5636.2943.50–
CWIP
-0316060-0-0-0-0
Investments
223344109
Other Assets
134147266322254542628642
Total Assets
148191339396335626737757

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
2918-7191380-2-33
Cash from Investing Activity
8-39-499-10-44-111-34
Cash from Financing Activity
-25856-28-3-28191-8
Net Cash Flow
12-13-10-0978-76

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
8991–1531617880111
Inventory Days
–––17––15
Days Payable
–––272––118205
Cash Conversion Cycle
8991–-10316178-37-90
Working Capital Days
2518–4536152166
ROCE %
–26%––17%22%20%17%

Shareholding Pattern

Numbers in percentages

Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
69.96%69.96%69.96%69.96%69.96%69.96%69.96%
FIIs
7.95%2.98%0.74%0.72%2.09%1.86%1.96%
DIIs
5.81%5.66%5.11%5.02%3.78%4.20%4.23%
Public
16.28%21.38%24.20%24.29%24.17%23.98%23.85%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Krystal Integrated Services Announces Trading Window Closure from April 1 for FY26 Results

26th March 2026, 10:06 pm

Krystal Integrated Services Incorporates Renewable Energy SPV with ₹1 Lakh Capital

19th March 2026, 12:38 am

Krystal Integrated Services Secures ₹364 Crore Healthcare Mandate from TNMSCL

13th March 2026, 9:49 pm

Krystal Integrated Services Secures ₹364 Crore Contract from Tamil Nadu Medical Services Corp.

13th March 2026, 5:50 pm

Krystal Integrated Services Members Approve Share Capital Hike and ₹300 Cr QIP

2nd March 2026, 6:29 pm

Published by Other Websites

External media mentions & references

Dalal Street Tanks; Tata Motors, Krystal Orders Shine Amidst Gloom

13th March 2026, 5:38 pm

Krystal Integrated Lands ₹364 Crore Healthcare Contract in Tamil Nadu

13th March 2026, 5:05 pm

Krystal Services Lands ₹364 Crore Tamil Nadu Health Contract

13th March 2026, 3:06 pm

Indian Markets End Lower Amidst Mixed Q3 FY25 Earnings; Key Companies Show Varied Performance

22nd January 2026, 6:44 am

India Braces for Q3 Earnings Blitz: 230+ Firms Set to Reveal Results

18th January 2026, 8:01 pm

News Articles

Editorial & research coverage

Indian Markets End Lower Amidst Mixed Q3 FY25 Earnings; Key Companies Show Varied Performance
Indian Markets End Lower Amidst Mixed Q3 FY25 Earnings; Key Companies Show Varied Performance

22nd January 2026, 6:44 am

Krystal Bags ₹275 Cr Waste Contracts, Boosts Order Book
Krystal Bags ₹275 Cr Waste Contracts, Boosts Order Book

12th January 2026, 3:54 pm

Documents

Announcements

Intimation As per Regulation 30 (5) Of SEBI (LODR) Regulations, 2015

2 Jan - KMP contact details (CEO, two directors, CFO, Company Secretary) effective Jan 03, 2026.

Incorporation Of Wholly Owned Subsidiaries

2 Jan - CS resigned; new Company Secretary effective Jan 3, 2026; three 100%‑owned SPVs for Vasai Virar 5-year waste contracts.

Appointment of Company Secretary and Compliance Officer

2 Jan - CS resigned Jan 2; Manishkumar Sangani appointed CS/Compliance Officer effective Jan 3; approved incorporation of three WOS SPVs.

Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

2 Jan - CS resigned effective Jan 2; Manishkumar Sangani appointed CS/Compliance Officer effective Jan 3; three WOS incorporated.

Closure of Trading Window

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Credit Ratings

Rating update

30 Jan 2025 from crisil

Rating update

18 Dec 2024 from crisil

Rating update

28 Feb 2024 from crisil

Concalls

Nov 2025

TranscriptPPT

May 2025

TranscriptPPTRecording

Oct 2024

TranscriptPPTRecording

May 2024

TranscriptPPTRecording

Stock Analysis

Description

  1. Krystal Integrated Services Limited is an integrated facility management service (FMS) provider in India, offering a wide range of services including staffing, security, catering, technical, and waste management solutions primarily to government entities and large corporate clients.

Key Growth Triggers

  1. Recent strategic diversification into waste management, including securing significant municipal contracts from Vasai Virar City Municipal Corporation, and the incorporation of specialized waste management subsidiaries. The company also continues to win large government contracts in facility management and sanitation services, bolstering its order book and revenue visibility.

Order Book

  1. Krystal Integrated Services Limited secured three municipal sanitation contracts from Vasai-Virar City Municipal Corporation (VVCMC), with a combined value of approximately ₹275 crore over five years. Additionally, a significant 5-year contract for solid waste management services from Vasai Virar City Municipal Corporation was valued at approximately Rs. 111 crore. A 3-year sanitation services contract worth approximately Rs 168 crore from Director of Medical Education (DME), Vijayawada, and a 3-year contract worth Rs 65 crore from MSEDCL were also secured.

Key Red Flags

  1. Increased debtor days from 89.5 to 111 days and working capital days from 34.0 to 65.7 days indicate potential challenges in cash conversion. Shareholders rejected a special resolution concerning advancing loans, indicating scrutiny over related-party financial transactions.

Key Dates To Watch

  1. January 22, 2026: Board meeting to approve Q3/9M FY26 financial results and consider fundraising.
  2. Trading window closure for designated persons effective January 1, 2026.

Corporate Announcements

26th Mar 26
Impact Rating: 6
Krystal Integrated Services Limited will close its trading window starting April 1, 2026, for designated persons and relatives. This is to comply with SEBI regulations and will reopen 48 hours after the declaration of audited financial results for the year ending March 31, 2026.
18th Mar 26
Impact Rating: 8
Krystal Integrated Services Limited incorporated 'Advait Krystal Solar Energy SPV Private Limited' on March 18, 2026, for renewable energy projects, with a paid-up capital of ₹1.00 lakh (₹0.01 cr), and Krystal holding 49%.
13th Mar 26
Impact Rating: 8
Krystal Integrated Services announced it has secured a significant three-year healthcare facility management mandate worth approximately ₹364 crore from Tamil Nadu Medical Services Corporation Ltd.
13th Mar 26
Impact Rating: 8
Krystal Integrated Services has secured a major three-year contract worth approximately ₹364 crore from Tamil Nadu Medical Services Corporation for providing essential services to government medical facilities.
2nd Mar 26
Impact Rating: 7
Krystal Integrated Services members approved raising authorised share capital from ₹15 Crores to ₹19 Crores and also sanctioned a Qualified Institutions Placement (QIP) of up to ₹300 Crores.