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.
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.
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.
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.
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.