Facility management services company secures Rs 370 crore contract from Commissionerate of Social Welfare, Pune
DSIJ Intelligence-1 / 02 Sep 2025/ Categories: Mindshare, Trending
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 prominent provider of integrated facility management solutions, has been awarded a significant five-year contract worth Rs 370 crore by the Commissionerate of Social Welfare, Pune. This contract, one of KISL's most impactful government engagements, involves providing mechanised housekeeping and outsourced manpower services to a vast network of welfare institutions across Maharashtra. The project aims to improve living and learning conditions for thousands of students, senior citizens, and other vulnerable individuals who reside in these facilities.
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The scope of the contract includes managing services for over 2,800 hostels, 93 residential schools, and various other facilities such as welfare homes, training institutes, and administrative buildings. This partnership supports the Commissionerate's mission of promoting inclusivity and empowerment by ensuring a dignified, clean, and supportive environment in spaces crucial for public welfare. By securing this contract, KISL strengthens its reputation as a reliable partner for government and institutional clients, demonstrating its commitment to delivering solutions that have a meaningful social impact.
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.
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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.