Krystal Integrated Services Shares Jump 2.82% After ₹370 Crore Social Welfare Contract Win

Mumbai, September 2, 2025- The shares of Krystal Integrated Services Limited (NSE: KRYSTAL, BSE: 544149) witnessed a rally on Tuesday as the stock jumped by 2.82% after the company’s announcement of receiving a 5-year contract (total value ₹370 crore) from the Commissionerate of Social Welfare, Pune.

The contract is one of the company’s largest social sector contracts. It includes mechanized housekeeping and outsourced workforce services for hostels, residential schools, welfare homes, training institutes, and office space across Maharashtra.

Market Performance

At 2:30 IST on September 2, 2025, the stock was trading at ₹690.00, up ₹5.50 (2.40%) on its prior close of ₹674.50. The scrip touched an intraday high of ₹697.60 and a low of ₹664.40, with volumes of 1.07 lakh shares and a traded value of ₹7.27 crore. Key data: VWAP of ₹681.93, 52-week high of ₹859.00 (September 2024), and low of ₹415.60 (February 2025). The company’s market cap is ₹966.86 crore, with a free float capitalisation of ₹291.10 crore.

Management Commentary

Sanjay Dighe, CEO & Whole-Time Director, said the win was a privilege, adding: “Every hostel we maintain, every classroom we keep clean, and every welfare home we support contribute to creating dignity, safety, and opportunity for people who depend on these institutions. Facility management is not just about upkeep; it is about enabling growth and empowerment.”

Outlook

Krystal Integrated Services’ ₹370 crore social welfare contract not only enhances its market position but also adds visibility to its revenue streams. The agreement solidifies its long-term growth potential, strengthens its footprint in Maharashtra, and cements the company’s position as a leading integrated facility management provider in India.

Krystal Integrated Services Limited was established in 2000 and is based in Mumbai, India. Krystal Integrated Services Limited is one of India’s fastest-growing providers of integrated facility management solutions. Krystal serves industries such as healthcare, education, public administration, transportation, and retail. From FY21 to FY25, Krystal had a growth rate in the number of clients from 262 (FY21) to 461 (FY25), with Krystal now having a distributed operation of service across 3,209 locations in India.

REF: https://nsearchives.nseindia.com/corporate/KISL123_02092025124300_Finalletter.pdf

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