Facility management services company bags Rs 20.26 crore order from Airports Authority of India

Krystal Integrated Services Limited (KISL), a prominent provider of integrated facility management solutions, has secured a significant three-year contract valued at approximately Rs 20.26 crore from the Airports Authority of India (AAI). This contract is for the new terminal building of Jay Prakash Narayan International (JPNI) Airport in Patna. Krystal will be responsible for delivering comprehensive facility management services throughout the terminal, ensuring seamless operations, enhanced passenger comfort, and strict adherence to international hygiene and safety standards at one of Bihar's busiest airports.

This win further expands Krystal's presence in the aviation and infrastructure sectors, aligning with its strategic focus on high-value public sector projects. KISL already provides services across a wide array of industries, including healthcare, education, public administration, railways, metro systems, and retail. Beyond its core facility services, the company also offers a diverse range of solutions, including staffing, payroll management, private security, catering, and waste management.

Earlier, the company received a two-year domestic contract from Maha Mumbai Metro Operation Corporation Limited for housekeeping services. Valued at approximately Rs 12,83,57,670.39 (including duties and taxes), this contract, dated June 24, 2025, covers 34 trains, the Charkop Depot, three RSS locations (Charkop, Nancy Colony, and DN RSS), and the Mandale Depot Simulator Building. These services will be provided for Metro Line 2A (Andheri West to Dahisar East) and Line 7 (Gundavali to Ovaripada).

About the Company

Established in 2000 and headquartered in Mumbai, Maharashtra, Krystal Integrated Services Limited (KISL) is one of India’s fastest-growing providers of integrated facility management services. The company serves a diverse client base across sectors, including healthcare, education, government administration, transportation infrastructure, and retail. In addition to facility services, KISL offers staffing and payroll solutions, security services, and catering. Between FY21 and FY25, KISL’s customer base grew from 262 to 461, with operations expanding from 1,962 to 3,209 locations nationwide.

The company has a market cap of over Rs 900 crore and has delivered good profit growth of 19.3 per cent CAGR over the last 5 years. The shares of the company have a PE of 16x, an ROE of 15 per cent and an ROCE of 17 per cent. The stock is up by 71 per cent from its 52-week low of Rs 405.50 per share.

Disclaimer: The article is for informational purposes only and not investment advice.