Krystal Integrated Services Posts FY26 Results, Reports 5.32% Revenue Growth, Targets Stronger Growth
Krystal Integrated Services Limited (KISL) announced its audited financial results for the fourth quarter and the financial year ended March 31, 2026. The company, a diversified service provider in facility management, staffing, security, catering, and waste management, reported steady growth in its corporate business while outlining a strategy for profitable expansion across India.Mr. Sanjay Dighe, CEO and Whole Time Director of Krystal Integrated Services Ltd, noted that the FY26 performance reflects the company's transition toward a more resilient, margin-accretive business model. He highlighted the corporate segment as a key growth driver, stating the addition of over 177 new corporate clients during the year. These new additions carry a combined multi-year new business value exceeding INR300 crores. Operationally, KISL expanded its national presence by adding over 255 new sites, strengthening its national accounts portfolio.
The company is driving this evolution through its 'Krystal 2.0' strategy, a disciplined rebalancing focused on quality-led growth. KISL aims to strengthen its position as a preferred partner for multinational corporations and leading Indian conglomerates by deepening client relationships and expanding its service portfolio.
Krystal Integrated Services Limited is strategically expanding into manufacturing-led sectors, including pharmaceuticals, automotive, and defence. The company is also scaling up higher-margin adjacencies such as EPC, power and lighting, water and wastewater, solid waste management, and solar and technical Operations and Maintenance (O&M). KISL recently secured its first solar order from DMER, marking entry into this emerging sector.
Financial Performance Snapshot (Consolidated Financials)
The financial performance for the quarters and the full year are detailed below:| Particulars | Q4 FY26 | Q4 FY25 | YoY% | Q3 FY26 | QoQ% | FY26 | FY25 | YoY% |
|---|---|---|---|---|---|---|---|---|
| Income from operations | 364.94 | 413.10 | (11.66%) | 305.86 | 19.32% | 1,277.28 | 1,212.78 | 5.32% |
| EBITDA* | 23.78 | 26.75 | (11.13%) | 20.49 | 16.01% | 83.53 | 77.71 | 7.49% |
| EBITDA Margin% | 6.51% | 6.48% | 3 bps | 6.70% | (19 bps) | 6.54% | 6.41% | 13 bps |
| Profit After Tax | 18.85 | 16.93 | 11.31% | 15.90 | 18.55% | 64.35 | 62.52 | 2.94% |
| PAT Margin | 5.16% | 4.10% | 106 bps | 5.20% | (4 bps) | 5.04% | 5.15% | (11 bps) |
| Basic EPS (in Rs. per share) | 13.49 | 12.12 | 11.31% | 11.38 | 18.55% | 45.94 | 44.61 | 2.99% |
Key Highlights and Developments
Fiscal Year 2026 Performance:The revenue from operations increased 5.32% year over year to ₹1,277.28 crore in FY26, up from ₹1,212.78 crore in FY25. This growth was supported by steady execution of existing contracts and new order wins across government and corporate verticals. EBITDA grew by 7.49% year over year to ₹83.53 crore, reflecting disciplined cost control and improved bid quality. The EBITDA margin improved marginally by 13 bps to 6.54% in FY26, compared to 6.41% in FY25. Profit after tax saw a marginal increase of 2.94% year over year to ₹64.35 crore.
Q4 FY26 Performance:
For the fourth quarter, revenue from operations stood at ₹364.94 crore, compared to ₹413.10 crore in Q4 FY25, reflecting a 11.66% year over year decrease. This was attributed to the strategic decision to bid selectively for high-margin projects. Despite the slight reduction in operational scale, EBITDA improved by 3 bps to 6.51% in Q4 FY26, compared to 6.48% in Q4 FY25, signaling better operating leverage and margin protection. Profit after tax rose by 11.31% year over year to ₹18.85 crore.
Key Contracts and Strategic Moves:
In addition to the financial results, the company reported several major developments:
- Secured a ~₹275 crore, 5-year work order from the Vasai Virar City Municipal Corporation. This contract involves door-to-door collection, segregation, and transportation of municipal solid waste, alongside street cleaning and disposal for three zones.
- Incorporated a wholly owned subsidiary, Krystal Waste Work Prabhag G Private Limited, on January 20, 2026, to strengthen execution capabilities in the waste management segment.
- Won a healthcare facility management mandate worth ~₹364 crore from the Tamil Nadu Medical Services Corporation Ltd for a period of three years.
- The Board approved the acquisition of 100% Equity Shares of Citelum India Private Limited ('CIPL') through a Share Purchase Agreement, which will make CIPL a Wholly Owned Subsidiary upon completion.
Finally, the Board recommended a final dividend of Rs. 1.50 per equity share, pending approval at the Annual General Meeting.
KRYSTAL Stock Price Movement
As of 11:37 AM, shares of Krystal Integrated Services Limited are shedding 2.11% in live trading, currently holding at ₹601.4. The stock is witnessing robust activity with 40,151 shares traded, keeping it within its daily range of ₹598 to ₹620.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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