Company Provides Integrated Facilities Management Across Multiple Sectors Including Railway, Secures Rs 71.4 Crore Waste Management Order from Thane Municipal Corporation!
The company ranked as the 8th largest player in the Integrated Facilities Management market in FY23, based on revenue.
Krystal Integrated Services is a Small-Cap integrated facilities management service (FMS) company, focusing on healthcare, education, and public administration. The company provides integrated facility management services across various sectors, including healthcare, education, public administration (state government entities, municipal bodies, and other government offices), airports, railways, metro infrastructure, and retail.
Krystal Integrated Services Limited has secured a key contract from Thane Municipal Corporation, worth Rs 71.4 crore, to deliver waste management services in the Mumbra region. The contract extends through July 2026, with annual renewal options, marking a significant step toward expanding sustainable services.
Operational Enhancements and Strategic Impacts:
- Advanced Fleet Operations: Approximately 70 advanced waste management vehicles will be deployed, ensuring comprehensive coverage and operational efficiency.
- Innovative Route Optimization: Cutting-edge technology will streamline routes, reducing operational costs and environmental impact.
- Expert Team Mobilization: A team of over 300 professionals will be dedicated to ensuring seamless service delivery, highlighting a strong commitment to quality and efficiency.
- Community and Environmental Stewardship: A 24/7 community helpline will be introduced, alongside initiatives for environmental preservation, reflecting Krystal's dedication to corporate social responsibility.
On Thursday, the shares of Krystal Integrated Services closed at around Rs 830.55 per share on the BSE. The company’s current market capitalization stands at Rs 1160.44 crore. Additionally, the shares have delivered an impressive multibagger return of around 20 per cent in the past 1 month.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
As per the Quarterly Results, in the Q1 FY25, Krystal Integrated Services recorded a revenue of Rs 243 crore compared to Rs 210 crore. The operating profit stood at Rs 16 crore. The net profit stood at Rs 15 crore compared to a profit of Rs 9 crore. Looking at the annual performance, the company generated a revenue of Rs 981 crore in FY24 compared to Rs 682 crore representing a gain of 43.91 per cent. The operating profit for FY24 was Rs 67 crore with an operating profit margin of 7 per cent. The company reported a net profit of Rs 48 crore compared to a net profit of Rs 38 crore in FY23 representing a gain of around 26 per cent YoY.
Check out my recent article here.
Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.