Krystal Integrated Services Limited has informed the Exchange regarding a press release dated January 12, 2026, titled "Krystal Integrated Services secures multiple municipal sanitation contracts worth approx. 275 crores across Vasai Virar".
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Krystal Integrated Services Limited has won three municipal solid waste management contracts from the Vasai-Virar City Municipal Corporation (VVCMC) in Maharashtra, with a combined value of approximately Rs. 275 crores over a five-year period, plus a 3-month preparatory phase. The contracts cover Prabhag G, C, and F, and include door-to-door waste collection, segregation, transportation, street cleaning, and disposal in compliance with SWM Rules, 2016. This strengthens the company's municipal services portfolio and adds to its existing facility management operations across healthcare, education, government, transportation, and retail sectors. The Vasai-Virar region is described as one of Maharashtra's fastest-growing urban areas, signalling strong long-term demand for professional sanitation services.
This is a meaningful order win that boosts the company's order book and reinforces its position in the growing municipal sanitation space. The five-year contract provides revenue visibility and could positively influence investor sentiment toward Krystal's growth trajectory.