Announced Fri, 13 Mar · 16:18 IST

Krystal Integrated Services Limited has informed the Exchange regarding a press release dated March 13, 2026, titled "Krystal Integrated Services Ltd. secures Healthcare Facility Management mandate worth approximately ₹364 crore from Tamil Nadu Medical Services Corporation Ltd".

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AI summary

Krystal Integrated Services has won a three-year healthcare facility management mandate worth over ₹364 crore from Tamil Nadu Medical Services Corporation Ltd (TNMSCL), a state government agency. Under the contract, Krystal will provide housekeeping, security, and allied facility management services across 167 government healthcare institutions in Tamil Nadu, covering more than 20,000 hospital beds in the North and West zones. The project will deploy over 5,000 trained personnel to support hospital operations in district hospitals, medical colleges, and other public healthcare facilities. The mandate strengthens Krystal's presence in the government and healthcare facility management segment.

Likely market impact

This is a sizeable, multi-year government contract that improves revenue visibility and reinforces Krystal's credibility in large-scale public healthcare projects, likely to be viewed positively by investors. The order adds meaningful backlog from a state government client, diversifying the company's revenue base.