Manpower Services Company Bags Rs 1,062.99 Million Order From Brihanmumbai Municipal Corporation (BMC)

The shares of the company have a PE of 19x, an ROE of 18 per cent and an ROCE of 20 per cent.

Krystal Integrated Services Limited (Krystal) is proud to announce a significant contract win with the Brihanmumbai Municipal Corporation (BMC). This prestigious award marks a major milestone in Krystal's strategic growth plan, solidifying its position as a key player in public sector services.

The 3-year contract, with an option for annual renewals, holds a value of Rs 1,062.99 million (inclusive of taxes) and entails providing comprehensive attendant manpower services for BMC's Education and Security Departments. This collaboration signifies Krystal's commitment to operational excellence and its ability to deliver high-quality services that meet the evolving needs of public authorities. The project will play a vital role in enhancing the operational efficiency of Mumbai's public services, contributing to urban infrastructure development and the overall well-being of the city.

About the Company

Krystal Integrated Services Ltd. is a prominent integrated facilities management (IFM) company specializing 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 optimize operational efficiency, reduce costs and enhance the overall customer experience.

The company has a market cap of over Rs 1,000 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 19x, an ROE of 18 per cent and an ROCE of 20 per cent. The stock is up by 29.2 per cent from its 52-week low of Rs 629.70 per share. Investors should keep an eye on this small-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.