Krystal Integrated Services has secured three major municipal solid waste management contracts from the Vasai-Virar City Municipal Corporation (VVMC), marking a significant milestone for the integrated facility management solutions provider. The contracts, announced on January 12, 2026, carry a combined value of approximately ₹275.00 crores over a five-year period with an additional three-month preparatory phase.

Contract Details and Scope

The municipal sanitation mandates cover comprehensive waste management services across Prabhag G, C, and F under the Vasai-Virar City Municipal Corporation. The contracts are structured to deliver end-to-end solid waste management services in strict compliance with the Solid Waste Management Rules, 2016.

Service Delivery Framework

The comprehensive scope of work encompasses multiple critical waste management functions across diverse urban zones. Krystal Integrated Services will handle door-to-door collection and segregation of municipal solid waste, along with transportation services to ensure efficient waste flow management. The company will also manage street cleaning services and maintain cleanliness standards across public spaces.

The service delivery extends across residential, commercial, institutional, and notified public areas within the three designated wards. Additionally, the company will ensure proper transportation of segregated waste to authorized processing, treatment, and disposal facilities, maintaining the complete waste management cycle.

Operational Infrastructure and Deployment

To execute these large-scale municipal operations, Krystal Integrated Services will deploy dedicated manpower, specialized vehicles, and modern equipment across all three wards. The deployment strategy focuses on ensuring uninterrupted, hygienic, and compliant waste management services while maintaining strict adherence to safety and regulatory standards.

The operational framework is designed to handle the demands of one of Maharashtra's fastest-growing urban regions, requiring robust infrastructure and systematic service delivery protocols.

Management Commentary

Sanjay Dighe, CEO and Director of Krystal Integrated Services Ltd, emphasized the strategic importance of these contracts. He stated that securing these multiple municipal sanitation mandates from Vasai-Virar City Municipal Corporation represents another important milestone for the company. Dighe highlighted that urban waste management is a critical public service demanding operational discipline, reliability, and regulatory compliance.

The CEO noted that these engagements reinforce the company's ability to manage large-scale, people-intensive municipal operations while supporting city administrations in delivering cleaner, healthier, and more sustainable urban environments.

Company Background and Growth Trajectory

Established in 2000 and headquartered in Mumbai, Maharashtra, Krystal Integrated Services Limited serves a diverse client base across multiple sectors including healthcare, education, government administration, transportation infrastructure, and retail. Beyond facility services, the company offers staffing and payroll solutions, security services, and catering.

The company has demonstrated significant growth momentum, with its customer base expanding from 262 to 461 between FY21 and FY25. During the same period, operations expanded from 1,962 to 3,209 locations nationwide, reflecting the company's scaling capabilities and market penetration.

These municipal contract wins further strengthen Krystal Integrated Services' municipal services portfolio and underscore its capability to deliver long-term, high-impact public infrastructure operations at scale.

Krystal Integrated Services Limited has secured three major municipal solid waste management contracts from Vasai Virar City Municipal Corporation, collectively worth ₹275 crore. The contracts, dated January 09, 2026, and received by the company on January 12, 2026, represent a significant expansion of the company's waste management operations.

Contract Details and Scope

The three work orders cover comprehensive solid waste management services across different prabhags in accordance with the Solid Waste Management Rules 2016. The scope includes door-to-door collection, segregation, and transportation of municipal solid waste, along with street cleaning and transportation to specified locations.

Recent Contract Wins

These latest contracts add to Krystal Integrated Services' impressive order book expansion in recent months. In September 2025, the company secured two major contracts that demonstrate its diversified service capabilities.

The Director of Medical Education in Vijayawada, Andhra Pradesh, awarded the company a facility management contract worth ₹168 crore on September 16, 2025. This three-year agreement covers sanitation and housekeeping services for hospitals and institutions under the DME's authority under Package-I.

Additionally, the Commissionerate of Social Welfare in Pune awarded a five-year contract valued at ₹370 crore for mechanized cleaning and outsourced labor services. This project encompasses welfare institutions across Maharashtra, including hostels, residential schools, old age homes, training facilities, and administrative buildings serving disadvantaged groups, elderly residents, and students.

Business Expansion Initiatives

The company has recently expanded its operational scope through the establishment of specialized subsidiaries. Krystal Ports and Harbour Private Ltd was incorporated to focus on building, operating, and maintaining inland waterways, harbors, ports, jetties, docks, and canals.

Simultaneously, Krystal Water Resources Private Ltd was established to handle planning, designing, developing, building, running, and maintaining water resource projects. This subsidiary's scope includes water supply systems, irrigation systems, water treatment plants, desalination plants, and wastewater and sewage treatment plants.

Financial Performance

Krystal Integrated Services demonstrated strong financial performance in FY25, which ended on March 31, 2025. The company's financial metrics showed consistent growth across key parameters.

For the first quarter of FY26, the company recorded revenue from operations of ₹323.00 crore and net profit of ₹16.43 crore, representing a 25.60% year-on-year growth.

Company Overview

Founded in 2000 and headquartered in Mumbai, Maharashtra, Krystal Integrated Services Limited has established itself as one of India's fastest-growing suppliers of comprehensive facility management services. The company serves diverse industries including retail, government administration, healthcare, education, and transportation infrastructure, positioning itself as a versatile service provider in the facilities management sector.