The shares of a leading provider of integrated facility management and staffing solutions that offer a variety of services like security solutions, sanitations, electrical, warehouse management, etc are in focus after securing an order worth Rs 84.42 Crores from the Ministry of Health and Family Welfare worth Rs 84.42 Crore. 

Price Action

The shares of Krystal Integrated Services Ltd, with a total market capitalization of Rs 645.22 Crore on Monday, reached an Intraday high of Rs 478.4 per share, gaining around 3.7 percent. As of 1:00 pm, the shares were trading at Rs 466 per share, which was 1 percent higher than the previous closing price of Rs 461.2.

About the Order

According to a press release dated March 10, 2025, Krystal Integrated Services Limited has secured a work order from the Ministry of Health and Family Welfare to provide sanitation services at the Post Graduate Institute of Medical Education and Research (PGIMER).

The contract is valued at approximately Rs 84.42 Crores and is set to be completed within two years. The company will deploy 1,178 trained personnel across the PGIMER campus, with the primary responsibility of sanitizing various designated areas.

This contract with the Ministry of Health and Family Welfare marks another milestone in the company’s journey toward expanding its footprint in India’s healthcare sector.

Management Commentary

 Mr. Sanjay Dighe, CEO & Whole-time Director of the company commented that this partnership with the Ministry of Health and Family Welfare reflects their unwavering commitment to upholding the highest standards of hygiene in healthcare institutions. The management is confident that their team is extensively trained and well-equipped with the latest technology and best practices to deliver world-class sanitization services. 

Previous Orders

In March 2025, the company received a Rs 23.6 Crore contract from Chandigarh International Airport Limited for Facility Management Services. Additionally, in February, it secured a Rs 19.62 Crore contract for the design, engineering, construction, and commissioning of a 250 KLD Zero Liquid Discharge Effluent Treatment Plant at Tindivanam Pharma Park, Tamil Nadu. 

Financials 

The company reported a slight decline in Revenue from operations from Rs 283 Crores in Q3FY24 to Rs 276 Crores in Q3FY25. However, their Net Profits increased by 18.17 percent YoY from Rs 13 Crore to Rs 15 Crore over the same period. 

About Krystal Integrated Services Ltd

The company is a leading provider of integrated facilities management services across sectors like healthcare, education, public administration, airports, railways, metro infrastructure, and retail. It also offers staffing, payroll management, private security, manned guarding, and catering services. 

Written By Adhvaitha Nayani