Facility management services company wins twin mandates worth approx. Rs157 crore from the Directorate of Education, Delhi

Krystal Integrated Services Limited (KISL) has secured two significant contracts, collectively valued at approximately ₹157 crore, from the Directorate of Education, Government of NCT of Delhi. These agreements, spanning two years from October 16, 2025, to October 15, 2027, cover essential sanitation and security services across the Directorate's vast network of educational institutions. The larger mandate, the Sanitation Services Contract, is valued at ₹83 crore and involves a manpower-based model to ensure daily cleaning and hygiene standards are maintained across all areas, including classrooms, washrooms, outdoor spaces, and even stadiums. KISL will use trained personnel, specialised equipment, and eco-friendly practices to guarantee a consistently safe and hygienic environment for students and staff.

The second agreement, the Security Manpower Services 2.0 Contract, is valued at approximately ₹74 crore and focuses on deploying over 1,100 trained unarmed security personnel. This large-scale deployment will secure offices, commercial spaces, and educational campuses under the Directorate, ensuring safe and orderly operations through continuous monitoring, access control, and rapid incident response. Securing these twin mandates strengthens Krystal's government services portfolio and underscores its proven capability to manage complex, mission-critical operations, reinforcing its position as a trusted integrated facility management partner for high-value public sector initiatives across India.

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 880 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 60 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.