Krystal Integrated Services Limited reported strong Q4 FY26 results with profit after tax increasing 11.3% to ₹188.49 crore from ₹169.33 crore in Q4 FY25, with PAT margin expanding sharply by 106 basis points to 5.16%. However, revenue from operations declined 11.66% year-on-year to ₹3,649.38 crore from ₹4,131.02 crore, which the company attributed to its strategic decision to avoid aggressively bidding on contracts that would compress margins. EBITDA for Q4 stood at ₹237.75 crore compared to ₹267.52 crore in Q4 FY25, with EBITDA margin improving 3 basis points to 6.51% from 6.48% a year earlier. As reported by The Hindu BusinessLine, this deliberate approach resulted in the quarterly revenue decline despite the company's focus on maintaining higher-margin business.
Krystal Integrated Services Limited reported steady financial performance for FY26, with full-year revenue from operations growing 5.32% to ₹12,772.75 crore compared to ₹12,127.84 crore in FY25. According to reports from The Hindu BusinessLine, the Mumbai-based integrated facility management company achieved profit after tax of ₹643.51 crore, representing a 2.94% increase from the previous year. EBITDA for FY26 grew 7.49% to ₹835.33 crore, with margins improving 13 basis points to 6.54%. The company maintained a conservative leverage profile with a Debt/Equity ratio of 0.2X for FY26 and demonstrated strong multi-year growth with revenue CAGR from FY22 to FY26 at 23.3% and PAT CAGR at 32.5%.
Krystal Integrated Services secured two significant contracts during FY26, including a ₹275 crore, five-year solid waste management order from Vasai Virar City Municipal Corporation and a ₹364 crore, three-year healthcare facility management mandate from Tamil Nadu Medical Services Corporation. According to the company's announcement, it added over 177 new corporate clients during FY26 with combined multi-year new business value exceeding ₹300 crore and expanded to 255 new sites. The company's order book stood at approximately ₹1,220 crore as of March 31, 2026, with total customers at 572 and 40% of top 10 customers associated for over 10 years. The company also incorporated a wholly owned subsidiary, Krystal Waste Work Prabha G Private Limited, on January 20, 2026, to strengthen execution capabilities in the waste management segment. As reported by The Hindu BusinessLine, the company also secured its first solar order from DMER, marking its entry into this emerging segment.
The company approved the acquisition of 100% equity in Citelum India Private Limited, the Indian arm of French firm Citelum, to enter the smart lighting and urban infrastructure segment. As reported by The Hindu BusinessLine, the consideration is cash amounting to ₹10,000 subject to adjustments, with CIPL engaged in urban infrastructure, smart city solutions, and street lighting with a registered office in New Delhi. The acquisition aligns with the company's strategy to expand its presence in the urban infrastructure and smart city ecosystem. On the stock exchange Friday, shares of Krystal Integrated Services traded at ₹600, down 2.34%, giving the company a market capitalisation of approximately ₹838 crore. The Board recommended a final dividend of ₹1.50 per equity share, subject to shareholder approval at the annual general meeting.
The Board approved the re-appointment of several key managerial personnel for a period of three years with effect from September 15, 2026, including Mrs. Neeta Prasad Lad as Chairperson and Managing Director, Mr. Sanjay Suryakant Dighe as Whole-time Director & Chief Executive Officer, and Ms. Saily Prasad Lad, Mr. Shubham Prasad Lad, and Mr. Pravin Ramesh Lad as Whole-time Directors. M/s. J F Jain & Co. was re-appointed as Internal Auditors for FY 2026-27. According to CEO & Whole-Time Director Sanjay Dighe, "FY26 reflects steady progress in our transition towards a more resilient, margin-accretive business model. The corporate segment continues to be our key growth driver with over 177 new corporate clients added during the year, and the combined multi-year new business value from these additions stands at over ₹300 crore." The company maintained strong cash management with consolidated cash and cash equivalents at ₹336.46 crore at the end of FY26, up from ₹183.90 crore at the beginning. Net cash flows from operating activities for FY26 stood at ₹264.60 crore on a consolidated basis.
