Order Book (Standalone)
INR 1,220 Cr
+N/A
Order book as of March 31, 2026, reflecting strong future revenue visibility.
KRYSTALINTEGRATED
Other
15 May 2026
Krystal Integrated Services Ltd — Q4 FY26
Krystal Integrated Services reported Q4 FY26 revenue of INR 364.94 Cr, down 12% YoY due to selective bidding discipline, but PAT grew 11% YoY to INR 18.85 Cr with PAT margin expanding 106 bps to 5.16%.
✓ Verified against BSE filing
2-Min Summary
Krystal Integrated Services reported Q4 FY26 revenue of INR 364.94 Cr, down 12% YoY due to selective bidding discipline, but PAT grew 11% YoY to INR 18.85 Cr with PAT margin expanding 106 bps to 5.16%. The full-year revenue rose 5.32% to INR 1,277.28 Cr, with EBITDA margin improving 13 bps to 6.54%. Management guided for >20% revenue growth in FY27, driven by a robust order book of INR 1,220 Cr (standalone) and INR 2,600 Cr consolidated, including new wins in power substation O&M, smart lighting via the Settleum acquisition, and waste management. Key risks include working capital strain from rapid scaling and potential delays in government contract awards.
Key Numbers
New Customers Added (FY26)
177
+N/A
New customers added during FY26, contributing to multi-year business value of INR 300 Cr.
Workforce
41,676
+N/A
On-site workforce as of March 31, 2026, supporting service delivery across 4,000+ locations.
Waste Management Capacity (TPD)
350 TPD
+N/A
Current waste management capacity; targeting 800-1,000 TPD over 18 months.
Management Guidance
Revenue growth >20% in FY27
Management targets consolidated revenue growth of upwards of 20% for FY27, driven by strong order book and new contract wins.
revenueMargin improvement from corporate mix and higher-margin verticals
EBITDA margin expected to improve as corporate segment share increases and emerging verticals scale.
marginsWaste management capacity target 800-1,000 TPD in 18 months
Targeting to scale waste management qualification from 480-500 TPD to 800-1,000 TPD over the next 18 months.
growthKey Risks
Working capital strain from rapid scaling
Receivables and loans increased to INR 146.45 Cr due to new customer additions; management expects normalization but near-term pressure remains.
medium · management_commentaryDelays in government contract awards
Q4 revenue decline partly due to delayed government tender decisions; spillover may affect near-term revenue timing.
medium · analyst_questionTaskmaster B2C platform scalability uncertainty
Taskmaster revenue only INR 46 lakhs; management declined to provide 2-3 year guidance, indicating early stage and uncertain trajectory.
low · analyst_questionNotable Quotes
We are increasingly competing for and winning large structured multilocation corporate contracts alongside global facility management players.
Our order book in hand stands approximately INR 1,220 crores. This is considerably high given the work that we have done last year.
The 180 cr worth of business we had decided not to go and bid aggressively and chasing revenue. Therefore we had a major shift in our bidding philosophy.