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Krystal Integrated Services Limited Issues Postal Ballot Notice for Share Capital Increase and QIP Approval 2 hrs ago Today

Krystal Integrated Services Limited has issued a postal ballot notice for two key resolutions: increasing authorized share capital from Rs. 15 crores to Rs. 19 crores and approving a QIP fundraising of up to Rs. 300 crores. The remote e-voting period runs from January 31, 2026 to March 01, 2026, with Friday, January 23, 2026 as the cut-off date for eligible shareholders. The QIP proceeds will fund working capital, subsidiary investments, debt repayment, and strategic acquisitions.

Krystal Integrated Services Reports Q3FY26 Results, Approves ₹300 Crore QIP and Capital Increase 7 days ago

Krystal Integrated Services Incorporates Wholly Owned Subsidiary for Waste Management Operations 9 days ago

Krystal Integrated Services Incorporates Wholly Owned Subsidiary for Municipal Waste Management Contract 9 days ago

Krystal Integrated Services Secures ₹275 Crore Municipal Waste Management Contracts Jan 12, 2026

More news about Krystal Integrated Services

12Jan 26

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.

12Jan 26

Krystal Integrated Services Secures ₹275 Crore Municipal Sanitation Contracts from Vasai-Virar Corporation

Krystal Integrated Services has secured three major municipal solid waste management contracts from Vasai-Virar City Municipal Corporation worth approximately ₹275.00 crores over five years. The contracts cover end-to-end sanitation services across Prabhag G, C, and F, including door-to-door waste collection, segregation, transportation, and street cleaning in compliance with SWM Rules, 2016. The company will deploy dedicated manpower, specialized vehicles, and modern equipment to serve residential, commercial, and public areas in this fast-growing Maharashtra urban region.

12Jan 26

Krystal Integrated Services Wins Three Municipal Solid Waste Management Contracts Worth ₹275 Crore

Krystal Integrated Services Limited has won three municipal solid waste management contracts worth ₹275 crore from Vasai Virar City Municipal Corporation for five-year terms. The contracts cover comprehensive waste management services across three prabhags, adding to recent major wins including a ₹168 crore facility management contract from Vijayawada and a ₹370 crore contract from Pune. The company has expanded through new subsidiaries for ports and water resources projects while demonstrating strong financial performance with 28% net profit growth to ₹63 crore in FY25.

12Jan 26

Krystal Integrated Services Stock Surges 7% After Securing ₹275 Crore Municipal Waste Management Contracts

Krystal Integrated Services Ltd's stock surged 7% to ₹668 after securing ₹275 crore waste management contracts from Vasai Virar City Municipal Corporation. The three 5-year contracts cover Prabhag C, F, and G, providing comprehensive waste management services and long-term revenue visibility. With a market cap of ₹863 crores and trading at PE of 15, the company strengthens its ₹2,600 crore order book while maintaining diversified revenue streams across multiple sectors.

12Jan 26

Krystal Integrated Services Secures ₹81 Crore Municipal Waste Management Contract from Vasai Virar Corporation

Krystal Integrated Services Limited has secured a 5-year municipal solid waste management contract worth ₹81.00 crores from Vasai Virar City Municipal Corporation. The comprehensive contract covers door-to-door waste collection, segregation, transportation, and street cleaning services for Prabhag "G" area, ensuring compliance with Solid Waste Management Rules 2016. The work order, dated January 09, 2026, represents a significant business development in the company's ordinary course of operations.

12Jan 26

Krystal Integrated Services Secures ₹81 Crore Solid Waste Management Contract from Vasai Virar Municipal Corporation

Krystal Integrated Services has won a ₹81 crore contract from Vasai Virar City Municipal Corporation for 5-year solid waste management services. This significant contract award strengthens the company's position in municipal services and provides long-term revenue visibility in the waste management sector.

12Jan 26

Krystal Integrated Services Secures ₹83 Crore Waste Management Contract from Vasai Virar Municipal Corporation

Krystal Integrated Services has secured a significant ₹83 crore waste management contract from Vasai Virar City Municipal Corporation for a five-year period. This major contract win strengthens the company's position in municipal services and provides substantial long-term revenue visibility. The agreement demonstrates the company's capabilities in delivering comprehensive waste management solutions to local government bodies.

12Jan 26

Krystal Integrated Services Secures ₹111 Crore Waste Management Contract from Vasai Virar City Municipal Corporation

Krystal Integrated Services has won a ₹111.00 crore waste management contract from Vasai Virar City Municipal Corporation spanning five years. This significant contract award strengthens the company's position in the municipal services sector and provides long-term revenue visibility. The partnership with the rapidly growing urban municipal corporation demonstrates the company's capabilities in comprehensive waste management services.

12Jan 26

Krystal Integrated Services Secures ₹111 Crore Municipal Waste Management Contract from Vasai Virar Corporation

Krystal Integrated Services Limited has been awarded a ₹111 crore municipal solid waste management contract by Vasai Virar City Municipal Corporation for a 5-year period. The comprehensive agreement covers door-to-door waste collection, segregation, transportation, and street cleaning services for Prabhag "F" area in compliance with Solid Waste Management Rules 2016. The domestic contract, awarded in the ordinary course of business, strengthens the company's position in Maharashtra's waste management sector.

12Jan 26

Krystal Integrated Services Secures ₹83 Crore Municipal Waste Management Contract from Vasai Virar Corporation

Krystal Integrated Services Limited has been awarded a ₹83.00 crore municipal solid waste management contract by Vasai Virar City Municipal Corporation for a 5-year period. The comprehensive contract covers door-to-door waste collection, segregation, transportation, and street cleaning services for Prabhag "C" in compliance with Solid Waste Management Rules 2016. The work order was issued on January 09, 2026, and represents a significant business opportunity in the domestic waste management sector with no related party involvement.

02Jan 26

Krystal Integrated Services Limited Updates Key Managerial Personnel Contact Details for Regulatory Compliance

Krystal Integrated Services Limited disclosed updated contact details for Key Managerial Personnel to BSE and NSE on January 02, 2026, effective January 03, 2026. The disclosure identifies four key personnel authorized for regulatory disclosures under SEBI Listing Regulations, including CEO Mr. Sanjay Suryakant Dighe, Whole-time Director Mr. Shubham Prasad Lad, CFO Mr. Barun Dey, and Company Secretary Mr. Manishkumar Sangani.

02Jan 26

Krystal Integrated Services Board Meeting Outcome: Personnel Changes & Subsidiaries

Krystal Integrated Services Limited conducted a Board meeting on January 02, 2026, announcing significant organizational changes including the resignation of Company Secretary Ms. Stuti Maru and appointment of Mr. Manishkumar Sangani as the new Company Secretary and Compliance Officer. The Board also approved incorporation of three wholly owned subsidiaries as Special Purpose Vehicles for executing waste management contracts with Vasai Virar Municipal Corporation, each with authorized capital of ₹1.00 lakh and 5-year service agreements for door-to-door waste collection and transportation services.

15Nov 25

Krystal Integrated Services Reports 6.5% Revenue Growth in Q2 Amid Documentation Delays

Krystal Integrated Services Limited reported a 6.5% year-on-year revenue growth to INR 283.40 crores in Q2, with EBITDA up 5.3% to INR 17.91 crores. The company secured major contracts worth over INR 800 crores and maintained an order book of INR 2,600+ crores. Corporate segment revenue increased by 53% in H1. However, growth was moderated by delays in government tender finalization. The company is expanding into new service areas including B2C residential cleaning, water management, and potential expansion into ports and solar EPC projects.

07Nov 25

Krystal Integrated Services Reports Steady Q2 Growth, Appoints New Business Development Head

Krystal Integrated Services Limited (KISL) announced Q2 FY26 results with revenue growing 6.5% YoY to ₹283.40 crore. H1 FY26 revenue increased by 15.9% to ₹606.48 crore. Q2 EBITDA grew 5.3% to ₹17.91 crore, while PAT decreased 12.7% to ₹13.18 crore. The corporate business segment saw 53% growth in H1 FY26, adding 92 new clients. KISL expanded its branch network from 26 to 33 locations. The company appointed Dr. Dhananjay Mayur Dave as President – Business Development, effective November 14, 2025. Management expects stronger performance in H2 FY26 with deferred government tenders moving into execution.

07Nov 25

Krystal Integrated Services Reports 6.5% Revenue Growth in Q2 FY26 Amid Tender Delays

Krystal Integrated Services Limited (KISL) reported a 6.5% year-over-year increase in revenue for Q2 FY26, reaching INR 2,834.00 crore. EBITDA grew by 5.3% to INR 179.10 crore, while PAT decreased by 12.7% to INR 131.81 crore. The corporate segment showed strong growth with a 53% revenue increase in H1 FY26, adding 92 new clients. However, the government segment faced challenges due to procedural delays in tender finalization. KISL expanded its branch network from 26 to 33 locations and is focusing on emerging businesses like water treatment and waste management. The company maintains a positive outlook, expecting deferred government tenders to move into execution in H2 FY26.

07Nov 25

Krystal Integrated Services Bolsters Leadership with Appointment of Dr. Dhananjay Dave as President-Business Development

Krystal Integrated Services Limited has appointed Dr. Dhananjay Mayur Dave as President-Business Development, effective November 14, 2025. Dr. Dave brings over 35 years of global leadership experience in infrastructure, petrochemicals, clean energy, and facilities management. He will focus on expanding strategic partnerships, strengthening market presence, and accelerating growth in India and overseas markets. Dr. Dave's extensive career includes roles at Tata Consulting Engineers, BVG Group, and Al Dammam Development Group. Krystal aims to reinforce its strategic focus on scaling business opportunities and expanding its footprint across new markets and service verticals with this appointment.

06Oct 25

Krystal Integrated Secures Rs 157 Crore Contracts from Delhi Education Department

Krystal Integrated Services has won two significant mandates from the Directorate of Education, Delhi, with a combined value of approximately Rs 157.00 crore. These contracts demonstrate the company's ability to secure major government projects and could potentially enhance its revenue and market position. The win also signifies the trust placed in Krystal Integrated Services by a key educational authority, possibly involving substantial work in the education sector.

04Oct 25

Krystal Integrated Services Secures ₹83 Crore Contract from Delhi Government

Krystal Integrated Services Limited (KISL) has won a significant cleaning contract worth ₹83 crore from the Delhi Government's Directorate of Education. The two-year contract involves providing sanitation and housekeeping services for government school buildings, stadiums, and offices. This contract, awarded in the ordinary course of business, is expected to provide a steady revenue stream for KISL and potentially strengthen its presence in the government sector.

16Sept 25

Krystal Integrated Services Secures ₹168 Crore Contract for Healthcare Sanitation Services

Krystal Integrated Services Limited has won a ₹168 crore contract from the Director of Medical Education in Vijayawada, Andhra Pradesh. The three-year contract involves providing sanitation services for hospitals and institutions across multiple districts in Zone-I. The company, with a market cap of ₹900 crore, disclosed this development to stock exchanges, confirming it's in the ordinary course of business and not a related party transaction. Additionally, the company announced an upcoming investor roadshow with Share India Securities Ltd in Chennai on September 18, 2025.

04Sept 25

Krystal Integrated Services Expands into Water Sector with New Subsidiary

Krystal Integrated Services Limited (KISL) has incorporated a wholly owned subsidiary, Krystal Water Resources Private Limited (KWRPL), on September 4, 2025, in Maharashtra. KWRPL, with an authorized and paid-up share capital of Rs. 1.00 lakh, will focus on water resource projects, water supply systems, treatment plants, and related services. Three whole-time directors of KISL have been appointed as the first directors of KWRPL. The new subsidiary aims to expand KISL's portfolio and explore opportunities in the water resources sector, aligning with the company's strategy for diversification and growth.

03Sept 25

Krystal Integrated Services Expands into Waste Management with New Subsidiary

Krystal Integrated Services Limited (KISL) has formed a wholly-owned subsidiary, Krystal Waste Works Private Limited (KWWPL), to enter the waste management industry. KWWPL, incorporated on September 2, 2025, with a CIN of U38210MH2025PTC455888, has an authorized and paid-up share capital of ₹1.00 lakh. The new entity will focus on waste collection, segregation, transportation, processing, and disposal, as well as design and operation of waste management facilities. This strategic move aims to expand KISL's service portfolio and explore new business opportunities in the country.

02Sept 25

Krystal Integrated Services Secures ₹370 Crore Contract from Pune Social Welfare Department

Krystal Integrated Services Limited (KISL) has won a ₹370 crore contract from the Commissionerate of Social Welfare, Pune. The five-year contract, starting September 1, 2025, involves providing Mechanized Housekeeping Services and Outsourced Manpower Services. This domestic contract, awarded in the ordinary course of business, is significant for KISL, which has a market capitalization of ₹900 crore. The company confirmed that the contract does not involve related party transactions and the promoter group has no interest in the awarding entity.

05Aug 25

Krystal Integrated Services Secures ₹65 Crore MSEDCL Contract for Power Substation Management

Krystal Integrated Services Limited (KISL) has been awarded a three-year facility management contract worth approximately ₹65 crore by Maharashtra State Electricity Distribution Company Limited (MSEDCL). The contract involves operation and maintenance of 33/11 kV, 33/22 kV, and 22/11 kV power substations across Maharashtra. KISL will be responsible for overseeing substation operations, ensuring system uptime, conducting preventive maintenance, and providing emergency response. This contract strengthens KISL's presence in India's public utilities sector and is expected to contribute positively to the company's revenue over the next three years.

05Aug 25

Krystal Integrated Secures ₹65 Crore Contract from Maharashtra State Electricity Distribution Company

Krystal Integrated Services Limited (KISL) has won a ₹65 crore contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for Facility Management Services and Operation & Maintenance of substations. The three-year contract involves managing 33/11 kV, 33/22 kV, and 22/11 kV substations under MSEDCL's jurisdiction. This significant order is expected to boost KISL's revenue and strengthen its position in the facility management and electrical infrastructure maintenance sector.

31Jul 25

Krystal Integrated Services Reports Strong Q1 FY26 Performance with 25.6% Revenue Growth

Krystal Integrated Services Limited (KISL) announced robust Q1 FY26 results with revenue up 25.6% to Rs 3,230.81 crore. EBITDA grew 31.4% to Rs 213.50 crore, and PAT increased 7.4% to Rs 164.36 crore. The company secured significant contracts in facility management and expanded into new service lines. Corporate client revenue saw substantial growth. KISL also announced corporate governance changes, including new appointments and resignations, and the incorporation of four new wholly-owned subsidiaries.

31Jul 25

Krystal Integrated Services Reports Strong Q1 Results, Announces Four New Subsidiaries

Krystal Integrated Services Limited (KISL) reported a 25.6% year-over-year increase in Q1 consolidated revenue, reaching Rs 3,230.81 crore. Profit after tax grew by 7.4% to Rs 164.36 crore. The company announced the formation of four new wholly-owned subsidiaries in power, ports, waste management, and water resources sectors. KISL also reported management changes, with Ms. Mrunalini Salian designated as Senior Management Personnel and Mr. Milind Jadhav resigning. The company set September 2 as the record date for the proposed final dividend and scheduled its 24th Annual General Meeting for September 16.

31Jul 25

Krystal Integrated Services Reports Strong Q1 Results, Announces Strategic Expansion

Krystal Integrated Services Limited (KISL) reported a consolidated net profit of ₹164.36 crore and revenue of ₹3,230.81 crore for Q1. The company approved the incorporation of four wholly-owned subsidiaries to explore new business opportunities in power, ports, waste management, and water resources. KISL also announced management changes, including the appointment of Ms. Mrunalini Salian as Senior Management Personnel and the resignation of Mr. Milind Jadhav. The company set September 2, 2025, as the record date for the final dividend and scheduled its AGM for September 16, 2025.

11Jul 25

Krystal Integrated Services Secures ₹32 Crore Order, Expands Presence in Aviation Sector

Krystal Integrated Services Limited (KISL) has won a new order worth ₹32.00 crore, strengthening its position in the facility management industry. This follows a recent ₹20.26 crore contract for facility management at the new terminal of Jay Prakash Narayan International Airport in Patna. KISL's CEO, Sanjay Dighe, expressed pride in the company's growing trust among institutions like the Airports Authority of India. The company has seen significant growth, with its customer base expanding from 262 to 461 between FY21 and FY25, and operations increasing from 1,962 to 3,209 locations nationwide.

11Jul 25

Krystal Integrated Services Secures ₹31.55 Crore Metro Contract in Mumbai

Krystal Integrated Services Limited has won a ₹31.55 crore contract from Maha Mumbai Metro Operation Corp. Ltd. The three-year agreement covers attendant manpower services for multiple metro lines in Mumbai, including Lines 2A, 2B, 7, 9, and upcoming lines. This contract follows a recent two-year housekeeping services agreement for Lines 2A and 7. The company has also secured a ₹20.26 crore facility management contract for the new terminal at Jay Prakash Narayan International Airport in Patna.

10Jul 25

Krystal Integrated Services Lands ₹20.26 Crore Contract for Patna Airport's New Terminal

Krystal Integrated Services has been awarded a ₹20.26 crore contract for facility management services at the new terminal of Patna Airport. The contract includes comprehensive management of the terminal building, marking a significant expansion for the company in the aviation sector. This win is expected to boost revenue, enhance the company's reputation, and provide valuable operational experience in managing complex airport facilities.

09Jul 25

Krystal Integrated Secures ₹32 Crore Order, Boosting Business Prospects

Krystal Integrated Services Limited, a key player in integrated facilities management, has won a significant order worth ₹32.00 crore. This contract is expected to enhance the company's revenue stream, strengthen its order book, and potentially improve its market position. The order may also lead to operational scaling, though specific details about the client and nature of services remain undisclosed.

03Jul 25

Krystal Integrated Secures ₹32.38 Crore Order, Boosting Business Prospects

Krystal Integrated Services Limited, a key player in integrated facilities management, has won a significant order worth ₹32.38 crore. This substantial contract is expected to boost the company's revenue, enhance market confidence, and potentially lead to business expansion. While specific details about the order and client remain undisclosed, the size of the contract suggests a meaningful impact on the company's operations and financial outlook.

26Jun 25

Krystal Integrated Services Secures ₹13 Crore Order

Krystal Integrated Services has obtained a new order valued at ₹13.00 crore. While specific details about the order's nature and scope are undisclosed, this development is expected to positively impact the company's revenue and market position. The order acquisition demonstrates the company's competitiveness in the integrated services sector and may boost investor confidence.

19May 25

Krystal Integrated Services Bags ₹202.6 Crore Contract

Krystal Integrated Services has won a significant contract worth ₹202.60 crore. The contract details and client remain undisclosed, but the deal is expected to positively impact the company's project portfolio and financial outlook. This achievement demonstrates the company's competitive position and ability to secure high-value projects in the integrated services sector.

30Apr 25

Krystal Integrated Services Reports Strong Q4 and FY 2025 Results with 41% Revenue Growth

Krystal Integrated Services Limited (KISL) announced robust financial results for Q4 and FY2025. Q4 revenue increased 41.4% YoY to ₹4,131.02 crore, with EBITDA up 43.1% to ₹269.00 crore. FY2025 revenue grew 18.1% to ₹12,127.84 crore, while net profit rose 27.4% to ₹625.15 crore. Strong growth was seen across all business segments. The company declared a final dividend of ₹1.50 per share for FY2025.

17Apr 25

Krystal Integrated Services Secures ₹348.92 Crore Contract from Tamil Nadu Medical Services

Krystal Integrated Services Limited has won a ₹348.92 crore contract from Tamil Nadu Medical Services Corporation Limited. The three-year contract involves providing housekeeping and security services to 29 medical institutions under the Directorate of Medical Education. This contract value is approximately half of KISL's current market capitalization of ₹700 crore, potentially signaling significant revenue growth for the company.

25Mar 25

Krystal Integrated Services Secures ₹4.48 Crore Annual Contract from SVC Co-operative Bank

Krystal Integrated Services Limited (KISL) has won a significant contract from SVC Co-operative Bank Limited to provide security services across their offices and branches in India. The contract, valued at ₹4.48 crore per annum excluding taxes, runs from May 1, 2025, to March 31, 2027. This agreement strengthens KISL's position in the security services sector, particularly within the banking industry.

22Mar 25

Krystal Integrated Services Ends PR and Digital Media Contract with Communicate India

Krystal Integrated Services Limited (KISL) has ended its service agreement with Communicate India for PR and digital media services, effective March 21, 2025. The contract, signed on June 11, 2024, was terminated due to challenges in meeting contractual expectations. KISL assures that this decision will not impact its business operations. The announcement complies with SEBI regulations and did not involve related party transactions or special rights.

22Mar 25

Krystal Integrated Services Terminates Service Agreement with Communicate India

Krystal Integrated Services Limited (KISL) has announced the termination of its service agreement with Communicate India, effective March 21, 2025. The agreement, executed on June 11, 2024, was for public relations and digital & social media services. KISL cited 'challenges in meeting certain contractual expectations' as the reason for termination. The company assures that this decision will not impact its business operations. The terminated agreement was not with a related party and did not involve special rights or shareholding.

21Mar 25

Krystal Integrated Services Secures ₹103.80 Crore Contract from Maha Mumbai Metro

Krystal Integrated Services Limited (KISL) has been awarded a ₹103.80 crore contract by Maha Mumbai Metro Operation Corporation Limited. The two-year contract involves providing Customer Support Associates and Supervisors at Mumbai Monorail stations. Signed on March 20, 2025, this deal marks KISL's expansion in the public transportation sector and is expected to boost the company's revenue stream.

10Mar 25

Krystal Integrated Services Secures ₹84.42 Crore Contract from PGIMER Chandigarh

Krystal Integrated Services Limited (KISL) has been awarded a ₹84.42 crore contract by the Post Graduate Institute of Medical Education and Research (PGIMER), Chandigarh. The two-year contract, starting from February 25, 2025, is for providing sanitation services at PGIMER's Research Centre. This significant deal is expected to boost KISL's revenue and strengthen its position in the healthcare facility management sector.

04Mar 25

Krystal Integrated Services Secures Major Airport Contracts, Stock Surges 6%

Krystal Integrated Services Limited (KISL) has won significant contracts for facility management services at Chennai, Trivandrum, and Chandigarh International Airports. The largest contract, valued at ₹20.96 crore, is for a three-year term at Chennai International Airport's Terminal 4. This expansion in the aviation sector has led to a 6.2% surge in KISL's stock price, reaching ₹449.80 on the BSE.

27Feb 25

Krystal Integrated Services Expands into Home Cleaning with New Subsidiary Taskmaster

Krystal Integrated Services Limited (KISL) has incorporated a wholly-owned subsidiary, Taskmaster Private Limited (TMPL), to enter the consumer-focused home cleaning solutions market. TMPL, incorporated on February 26, 2025, will provide various home cleaning services, including building interiors, windows, carpets, and upholstery cleaning. The subsidiary has an initial authorized and subscribed capital of ₹1,00,000, with KISL investing in 10,000 equity shares at ₹10 each. TMPL's first directors are Ms. Neeta Prasad Lad, Mr. Shubham Prasad Lad, and Ms. Saily Prasad Lad, who are also Whole-time Directors and Promoters of KISL.