Krystal Integrated Services Limited
Krystal Integrated Services Limited is a leading integrated facilities management services company in India. They specialize in providing services across various sectors, including: healthcare, education, public administration, banking & finance, airport services and manufacturing services.
About Company
Krystal Integrated Services Limited has been a prominent name in the realm of integrated facilities management services in India. With a focus on sectors such as healthcare, education, public administration, airports, railways, and metro infrastructure, Krystal has carved a niche for itself by offering a wide array of services that cater to the diverse needs of its clientele.
The company's service portfolio is extensive and includes:
Integrated Facility Management Services: Encompassing soft services like housekeeping, sanitation, landscaping, and gardening, as well as hard services.
Staffing Solutions and Payroll Management: Covering recruitment, payroll, and human resource services.
Private Security and Manned Guarding: Providing security solutions including access control, surveillance, emergency services, and patrols.
Catering: Through its subsidiary Krystal Gourmet, catering to educational institutions and hospitals.
Other Services: Handling, transportation, loading, and unloading of materials in the production chain.
Sectors Served
Krystal's expertise spans across various sectors:
Hospitals: Offering services to hospitals and medical institutes.
Education: Catering to private and government schools and colleges.
Banking And Financial Services: Serving branches in the banking and financial sector.
Public Administration: Working with municipal bodies, state government offices, electricity boards, and consumer forums.
Airports: Providing services at airports, railway stations, and metro stations.
Industrial: Serving manufacturing companies.
Recently, Krystal Integrated Services initial public offering (IPO), opened for subscription on March 14th and is set to close on March 18th. The IPO comprises a fresh issue of Rs 175.00 crore and an offer for sale of 0.18 crore shares. The listing date is tentatively scheduled for March 21st.
Krystal Integrated Services Limited stands out as a leader in integrated facility management services in India. With its comprehensive approach, customized solutions, vast experience & expertise, and cost savings strategies, it continues to expand its footprint across various sectors while contributing significantly to the industry's growth.
Company Financials
IPO Timeline (Tentative Timetable)
The IPO timeline is as follows:
IPO Open Date: March 14, 2024
IPO Close Date: March 18, 2024
Basis of Allotment: March 19, 2024
Initiation of Refunds: March 20, 2024
Credit of Shares to Demat Account**: March 20, 2024
Listing Date**: March 21, 2024
The IPO was set to open for subscription on March 14, 2024, and was scheduled to close on March 18, 2024. The allotment process was expected to be finalized by March 19, with refunds initiated by the following day. Shareholders would see their shares credited to their Demat accounts on March 20, and the company was slated to make its debut on the stock exchanges on March 21.
IPO Details
Competitive Strength
Krystal Integrated Services Limited (KISL) stands out as a leading provider of integrated facilities management services in India, catering to a diverse range of sectors including healthcare, education, public administration, airports, railways, metro infrastructure, and retail. With a focus on delivering comprehensive solutions tailored to the unique needs of each client, KISL has established itself as a key player in the industry.
One of KISL's primary competitive strengths lies in its ability to offer bespoke solutions for integrated facility management requirements. This customization ensures that clients receive services that are precisely aligned with their operational needs, enhancing efficiency and satisfaction.
Another significant advantage is KISL's sourcing capabilities. The company has cultivated excellent long-term relationships with Original Equipment Manufacturers (OEMs), allowing it to procure best-in-class products at competitive prices. This not only ensures quality service delivery but also provides cost benefits that KISL can pass on to its clients.
The adoption of smart technology further reinforces KISL's market position. By leveraging the latest technological advancements, the company can offer innovative solutions that improve service delivery and operational efficiency.
KISL's track record of executing large contracts, particularly with government entities, showcases its reliability and expertise in managing complex projects. The company's revenue from government contracts alone accounts for a significant portion of its operations, underscoring its strength in this domain.
Moreover, KISL's wide geographic presence and customer base across various end-user segments demonstrate its scalability and adaptability. The company's growth in top and bottom lines over the years reflects a robust financial performance and a commitment to excellence.
In summary, Krystal Integrated Services Limited's competitive strengths are rooted in its customized service offerings, strategic sourcing capabilities, technological innovation, strong government sector presence, and expansive reach across multiple sectors. These factors collectively position KISL as a formidable force in the integrated facilities management services landscape.
Company's Past Financial Performance
Krystal Integrated Services Limited’s financial performance over the past three years:
Revenue Growth: The company has demonstrated a robust revenue growth trajectory. Over the last three fiscal years, their revenue from operations has increased at a compound annual growth rate (CAGR) of 22.54%. This consistent growth indicates the company’s ability to expand its business and attract clients across various sectors.
Profitability: Net Profit (including discontinued operations) for the reported periods:
Fiscal Year 2021: ₹16.65 crore
Fiscal Year 2022: ₹26.15 crore
The average Earnings Per Share (EPS) for the last three years stands at ₹14.45, reflecting a stable performance.