Manpower Services Company Bags Rs 348.91 Crore Order From Tamil Nadu Medical Services Corporation Limited
The stock is up by 31.2 per cent from its 52-week low of Rs 415.60 per share.
Krystal Integrated Services Limited has announced that it has received a significant contract from Tamil Nadu Medical Services Corporation Limited. The contract involves providing housekeeping and security services to 29 out of the 124 Medical Institutions under DME, on an outsourced basis. This information was disclosed in a filing to the BSE Limited and the National Stock Exchange of India Limited on April 17, 2025.
The Letter of Intent, bearing number E1299/OUTSOURCING-DME/TNMSC/ENGG/2025-2, was received by Krystal Integrated Services Limited on April 16, 2025. The contract is for a duration of 3 years. The approximate contract value is Rs 348,91,84,275.48/-.
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About the Company
Krystal Integrated Services Ltd. is a prominent integrated facilities management (IFM) company specialising in providing comprehensive solutions to diverse sectors, including healthcare, education, public administration, airports, railways, metro infrastructure, and retail. By offering a wide range of services such as housekeeping, security, maintenance and landscaping, Krystal Integrated Services aims to optimise operational efficiency, reduce costs and enhance the overall customer experience.
The company has a market cap of over Rs 750 crore and has delivered good profit growth of 24.4 per cent CAGR over the last 5 years. The shares of the company have a PE of 13x, an ROE of 18 per cent and an ROCE of 20.4 per cent. The stock is up by 31.2 per cent from its 52-week low of Rs 415.60 per share. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.