Krystal Integrated Services Secures ₹275-Crore Municipal Waste Management Contract from Maharashtra Corporation
Krystal Integrated Services Ltd has secured three municipal solid waste management contracts from Vasai-Virar City Municipal Corporation worth ₹275 crore over five years. The contracts cover comprehensive sanitation services including door-to-door collection, segregation, transportation, and cleaning operations across residential, commercial, and public areas in compliance with Solid Waste Management Rules, 2016. This win reinforces the company's capability in large-scale municipal operations serving Maharashtra's fastest-growing urban regions.

*this image is generated using AI for illustrative purposes only.
Krystal Integrated Services Ltd has secured a significant municipal contract win, bagging three major solid waste management contracts from the Vasai-Virar City Municipal Corporation (VVCMC) worth approximately ₹275 crore. The comprehensive agreement spans five years with an additional three-month preparatory phase, marking a substantial addition to the company's municipal services portfolio.
Contract Scope and Services
The contracts encompass end-to-end municipal sanitation services designed to comply with the Solid Waste Management Rules, 2016. The comprehensive service package includes:
| Service Category: | Coverage Details |
|---|---|
| Collection Services: | Door-to-door collection and segregation |
| Transportation: | Municipal solid waste to authorized facilities |
| Cleaning Operations: | Street cleaning and public space maintenance |
| Service Areas: | Residential, commercial, institutional, and notified public areas |
| Waste Processing: | Transportation to authorized processing, treatment, and disposal facilities |
The company will deploy dedicated manpower, specialized vehicles, and modern equipment to ensure uninterrupted, hygienic, and compliant services across the three designated wards, maintaining strict adherence to safety and regulatory standards.
Management Commentary
Sanjay Dighe, CEO and Director of Krystal Integrated Services Ltd, emphasized the significance of this contract win: "Securing these multiple municipal sanitation mandates from Vasai–Virar City Municipal Corporation marks another important milestone for Krystal Integrated Services. Urban waste management is a critical public service that demands operational discipline, reliability, and regulatory compliance."
Dighe further highlighted how 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.
Strategic Significance
The Vasai–Virar City Municipal Corporation serves one of Maharashtra's fastest-growing urban regions, highlighting the increasing reliance on professional facility management partners for civic sanitation and urban infrastructure services. This contract positions Krystal Integrated Services to capitalize on the growing demand for professional municipal services in rapidly expanding urban areas.
Recent Business Developments
The municipal contract win follows other recent successes for the company. On 4 March 2025, Krystal Integrated Services gained 6.00% after securing key airport contracts at three major airports: Chennai International Airport in Tamil Nadu, Trivandrum International Airport in Kerala, and Chandigarh International Airport. These agreements enhanced the company's service offerings across security, hygiene, and facility management services.
Company Profile and Market Performance
Established in 2000 and headquartered in Mumbai, Krystal Integrated Services has expanded its operations nationwide, offering integrated facility management, staffing, payroll solutions, security services, and catering services to a diverse client base across multiple sectors.
| Market Data: | Details |
|---|---|
| Closing Price: | ₹615.20 |
| Daily Change: | -₹8.70 (-1.39%) |
| Trading Date: | 12-Jan-2026 |
| Exchange: | NSE |
Historical Stock Returns for Krystal Integrated Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.15% | +17.52% | +14.42% | -3.47% | -10.42% | -13.48% |















































