Krystal Integrated Services Ltd has secured a significant facility management contract worth ₹24.38 crore from the Office of Resident Commissioner, Maharashtra Sadan, for providing mechanised housekeeping and facility management services in New Delhi. According to the company's regulatory filing dated June 10, 2026, the contract has been awarded for a four-year period and involves comprehensive services including front office operations, management, reception, and maintenance of engineering services at both the new and old Maharashtra Sadan facilities. The work order dated June 09, 2026, has an approximate contract value of ₹24.38 crore, including all taxes, and is in the ordinary course of business.
The company reported strong financial results for the March quarter, with profit after tax (PAT) rising 11.3% to ₹188.49 crore. However, revenue from operations declined 11.66% to ₹3,649.38 crore compared to ₹4,131.02 crore in the previous year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at ₹237.75 crore during Q4, down from ₹267.52 crore in Q4 FY25, reflecting the company's strategy to bid selectively for high-margin projects. EBITDA margin improved marginally by 3 basis points to 6.51% during the quarter.
For the entire 2025-26 fiscal year, the company posted a PAT of ₹643.51 crore. CEO Sanjay Dighe highlighted steady progress in the company's transition towards a more resilient, margin-accretive business model, noting that the corporate segment continues to be the key growth driver with over 177 new corporate clients added during the year. The combined multi-year new business value from these additions stands at over ₹300 crore. Shares of Krystal Integrated Services Ltd ended at ₹576.50, down by 0.26% on the BSE following the announcement.
The contract is domestic in nature and has been awarded by a domestic entity. According to the company's regulatory filing, the contract is in the ordinary course of business and has been awarded by a domestic entity. Krystal Integrated Services clarified that the promoter, promoter group and group companies have no interest in the awarding entity, and the order does not fall under related party transactions and is not with any related party. The contract covers front office management, reception services, and maintenance of engineering services for a period of four years.
