Facility management services company receives Rs 168 crore contract from Director of Medical Education (DME), Vijayawada, Andhra Pradesh

DSIJ Intelligence-1 / 16 Sep 2025/ Categories: Mindshare, Trending

Facility management services company receives Rs 168 crore contract from Director of Medical Education (DME), Vijayawada, Andhra Pradesh

The stock is up over 70 per cent from its 52-week low of Rs 405.50 per share.

Krystal Integrated Services Limited (KISL), a leading provider of integrated facility management solutions, has been awarded a significant contract by the Director of Medical Education (DME), Vijayawada, Andhra Pradesh. The contract is for providing Sanitation (House Keeping) Services for hospitals and institutions under the control of the DME in Zone-I, which includes multiple districts such as Srikakulam, Visakhapatnam, and East Godavari. This is a domestic contract and has an approximate value of Rs 168 crore, excluding all duties and taxes.

The contract is valid for a period of three years and is considered part of the company's ordinary course of business. This order solidifies KISL's position in the healthcare facility management sector and demonstrates its capability to handle large-scale service contracts for public institutions. The provision of these sanitation services is vital for maintaining hygiene and operational standards in the designated hospitals and institutions across the specified districts of Andhra Pradesh.

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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 over 70 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.