Krystal Integrated Services Bags ₹27.64 Crore Cleaning Contract in Andhra Pradesh
Krystal Integrated Services secured a work order from the Director of Backward Classes (BC) Welfare Department, Andhra Pradesh. The contract, valued at approximately ₹27.64 crore (excluding taxes), is for providing cleaning and sanitation services to 563 hostels across thirteen districts. The contract duration is for two academic years.
The value of the contract, ₹27.64 crore, is significant and will contribute to the company's revenue, but it is not a transformative amount for a listed entity of this nature.
The company has secured a new work order, which is a positive development indicating business growth and expansion.
Krystal Integrated Services Limited has announced the receipt of a significant work order from the Director of Backward Classes (BC) Welfare Department, Andhra Pradesh. This contract is for providing Cleaning & Sanitation Services (Men & Material) to BC Welfare Hostels across Multi Zone – II, encompassing 563 hostels spread over thirteen districts in Andhra Pradesh.
The contract is set for a duration of two academic years, with each academic year comprising 10.5 months. The approximate value of this work order is ₹27.64 crore, excluding applicable taxes. The company has confirmed that this contract was awarded in the ordinary course of its business and does not involve any promoter or group company interests in the awarding entity or fall under related party transactions.
This new order falls under the category of Facility Management Services, specifically Cleaning & Sanitation Services. The execution of this contract is expected to align with the academic calendar over the two-year period.
What to do with a filing like this
Krystal Integrated Services Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Krystal Integrated Services Limited. Read the original for the full detail.