Krystal Integrated Services Ltd

•

₹ 657.95-3.43%

2026-08-21

krystal-group.comBSE: 544149NSE: KRYSTAL

Market Cap₹ 878 Cr.

Current Price₹ 681

High / Low₹ 730 / 500

Stock P/E0.0

Book Value₹ 360

Price to Book1.40

Dividend Yield0.24 %

ROCE17.0 %

ROE15.0 %

Face Value₹ 10

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ABOUT

KEY POINTS

Revenue Breakup Mar 2022 • Manpower Service: 84.3% • Smart City: 15.7%

PROS

Company has a healthy return on capital (ROCE) of 21.0%
Company has delivered good sales growth of 19.7% CAGR over last 5 years
Company comfortably covers its interest (8.0x coverage)
Attractively priced for its growth - PEG of 0.2
Company maintains a comfortable, low leverage position

CONS

Operating cash flow has been negative in recent years
Receivables are growing faster than sales - a possible quality concern
A large part of profit comes from other income (32.7% of PBT)
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.32x)
Equity base is being diluted - shares outstanding up 142.5%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

ServicesBusiness ServicesProfessional Services

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	URBANCO	147.40	0.00	22731.74	0.00	-921.20	-13373.78	5283.40	1338.56	-8.23	-18.44
2.	BLS	271.30	15.83	11170.53	0.92	201.62	11.41	890.53	25.33	41.51	28.34
3.	SIS	413.85	39.92	5848.98	1.69	101.66	9.37	4603.58	29.73	7.39	4.66
4.	QUESS	336.50	19.90	5025.96	3.27	82.12	61.07	4181.68	14.52	24.72	2.02
5.	BLSE	314.00	49.09	2852.89	0.16	18.63	6.30	304.09	24.63	17.52	6.98
6.	TEAMLEASE	1239.85	12.80	1894.66	0.00	34.45	37.74	3034.69	4.96	14.52	1.05
7.	BLUSPRING	119.80	0.00	1791.04	0.00	-1.58	77.90	949.29	19.07	1.32	2.17
8.	KAPSTON	523.40	52.23	1592.82	0.00	84.89	1284.83	2216.57	1062.33	13.16	6.56
9.	UDS	216.75	16.72	1451.21	0.00	30.28	4.47	764.29	9.15	9.99	5.54
10.	GCSL	522.95	46.36	1263.41	0.13	12.80	1240.31	37.52	70.71	21.85	46.76
11.	KRYSTAL	628.70	14.31	878.42	0.24	17.41	5.92	360.71	11.65	17.52	6.33
12.	INNOVISION	266.95	17.22	635.70	0.00	-73.55	-771.26	2638.15	948.03	37.59	-3.82

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	210	228	273	274	243	246	257	374	285	244	260	306	319
	196	211	255	256	227	230	240	349	266	228	242	286	305
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	1	3	2	3	5	4	4	5	5	5	5	6	5
Interest	3	3	3	3	3	2	2	3	3	3	4	4	4
Depreciation	2	2	2	2	2	2	2	2	3	3	3	3	3
	11	15	15	15	16	16	16	24	17	14	16	19	19
Tax %	17.70%	19.66%	18.05%	2.31%	5.90%	7.33%	10.64%	33.62%	13.79%	14.54%	10.38%	12.08%	15.05%
Net Profit	9	12	12	15	15	14	14	16	15	12	14	17	16
	8	10	11	13	11	10	10	12	11	9	10	12	1
Equity Capital	6	6	12	14	14	14	14	14	14	14	14	14	14
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	6	6	12	14	14	14	14	14	14	14	14	14	14
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 210
: 196
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 3
Depreciation: 2
: 11
Tax %: 17.70%
Net Profit: 9
: 8
Equity Capital: 6
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 6
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 228
: 211
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 3
Depreciation: 2
: 15
Tax %: 19.66%
Net Profit: 12
: 10
Equity Capital: 6
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 6
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 273
: 255
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 3
Depreciation: 2
: 15
Tax %: 18.05%
Net Profit: 12
: 11
Equity Capital: 12
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 12
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 274
: 256
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 3
Depreciation: 2
: 15
Tax %: 2.31%
Net Profit: 15
: 13
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 243
: 227
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 3
Depreciation: 2
: 16
Tax %: 5.90%
Net Profit: 15
: 11
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 246
: 230
Operating Profit: —
OPM %: —
Other Income: 4
Interest: 2
Depreciation: 2
: 16
Tax %: 7.33%
Net Profit: 14
: 10
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 257
: 240
Operating Profit: —
OPM %: —
Other Income: 4
Interest: 2
Depreciation: 2
: 16
Tax %: 10.64%
Net Profit: 14
: 10
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 374
: 349
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 3
Depreciation: 2
: 24
Tax %: 33.62%
Net Profit: 16
: 12
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 285
: 266
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 3
Depreciation: 3
: 17
Tax %: 13.79%
Net Profit: 15
: 11
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 244
: 228
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 3
Depreciation: 3
: 14
Tax %: 14.54%
Net Profit: 12
: 9
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 260
: 242
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 4
Depreciation: 3
: 16
Tax %: 10.38%
Net Profit: 14
: 10
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 306
: 286
Operating Profit: —
OPM %: —
Other Income: 6
Interest: 4
Depreciation: 3
: 19
Tax %: 12.08%
Net Profit: 17
: 12
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 319
: 305
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 4
Depreciation: 3
: 19
Tax %: 15.05%
Net Profit: 16
: 1
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	268	282	320	371	457	506	538	686	985	1,120	1,129
	244	256	295	343	414	468	499	628	922	1,053	1,062
Operating Profit	27	28	26	30	46	41	41	61	75	91	—
OPM %	10	10	8	8	10	8	8	9	8	8	—
Other Income	3	2	1	2	3	3	2	3	12	24	22
Interest	6	5	5	5	8	9	10	18	12	10	16
Depreciation	3	4	2	3	3	3	4	4	7	8	11
	18	19	19	22	35	28	27	39	56	72	68
Tax %	37	39	28	27	29	20	23	13	14	17	13
Net Profit	11	12	14	16	25	22	21	34	48	60	59
EPS	0	0	0	0	43	39	23	33	35	43	—
Dividend Payout %	0	0	0	0	0	0	0	0	4	3	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	10	10	12	14	22	20	18	29	35	43	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	10	10	12	14	22	20	18	29	35	43	—

Mar 2016

: 268
: 244
Operating Profit: 27
OPM %: 10
Other Income: 3
Interest: 6
Depreciation: 3
: 18
Tax %: 37
Net Profit: 11
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 10
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 10

Mar 2017

: 282
: 256
Operating Profit: 28
OPM %: 10
Other Income: 2
Interest: 5
Depreciation: 4
: 19
Tax %: 39
Net Profit: 12
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 10
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 10

Mar 2018

: 320
: 295
Operating Profit: 26
OPM %: 8
Other Income: 1
Interest: 5
Depreciation: 2
: 19
Tax %: 28
Net Profit: 14
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12

Mar 2019

: 371
: 343
Operating Profit: 30
OPM %: 8
Other Income: 2
Interest: 5
Depreciation: 3
: 22
Tax %: 27
Net Profit: 16
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 14
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 14

Mar 2020

: 457
: 414
Operating Profit: 46
OPM %: 10
Other Income: 3
Interest: 8
Depreciation: 3
: 35
Tax %: 29
Net Profit: 25
EPS: 43
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 22
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 22

Mar 2021

: 506
: 468
Operating Profit: 41
OPM %: 8
Other Income: 3
Interest: 9
Depreciation: 3
: 28
Tax %: 20
Net Profit: 22
EPS: 39
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 20
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 20

Mar 2022

: 538
: 499
Operating Profit: 41
OPM %: 8
Other Income: 2
Interest: 10
Depreciation: 4
: 27
Tax %: 23
Net Profit: 21
EPS: 23
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 18
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 18

Mar 2023

: 686
: 628
Operating Profit: 61
OPM %: 9
Other Income: 3
Interest: 18
Depreciation: 4
: 39
Tax %: 13
Net Profit: 34
EPS: 33
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 29
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 29

Mar 2024

: 985
: 922
Operating Profit: 75
OPM %: 8
Other Income: 12
Interest: 12
Depreciation: 7
: 56
Tax %: 14
Net Profit: 48
EPS: 35
Dividend Payout %: 4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 35
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 35

Mar 2025

: 1,120
: 1,053
Operating Profit: 91
OPM %: 8
Other Income: 24
Interest: 10
Depreciation: 8
: 72
Tax %: 17
Net Profit: 60
EPS: 43
Dividend Payout %: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 43
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 43

TTM

: 1,129
: 1,062
Operating Profit: —
OPM %: —
Other Income: 22
Interest: 16
Depreciation: 11
: 68
Tax %: 13
Net Profit: 59
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 16%
5 Years:: 20%
3 Years:: 28%

COMPOUNDED PROFIT GROWTH

10 Years:: 21%
5 Years:: 19%
3 Years:: 43%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: 9%

RETURN ON EQUITY

10 Years:: 19%
5 Years:: 17%
3 Years:: 18%
Last Year:: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	6	6	6	6	6	6	6	6	14	14
	48	60	74	90	115	137	155	155	358	417
	30	32	12	18	49	31	44	28	76	79
Trade Payables	6	6	10	11	57	36	48	14	46	42
	56	30	44	63	104	126	138	133	133	193
Total Liabilities	146	133	146	188	331	336	391	335	627	744
ASSETS	-	-	-	-	-	-	-	-	-	-
	12	10	12	12	10	10	11	77	80	99
	1	2	2	2	2	3	3	4	4	10
	0	1	1	1	2	2	6	0	0	1
	0	0	0	0	0	0	2	0	214	339
Cash & Bank	27	27	28	20	38	26	22	19	179	67
	105	94	104	153	279	295	347	235	150	229
Total Assets	146	133	146	188	331	336	391	335	627	744
Total Debt	33	36	13	21	78	65	73	48	83	84
Net Working Capital	28	39	50	38	71	89	76	47	236	267
Contingent Liabilities	0	0	0	0	10	10	10	38	38	63
Book Value per Share	92.83	113.32	137.66	165.73	208.94	247.96	279.71	278.40	266.54	308.51
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	33	36	13	21	78	65	73	48	83	84
Net Working Capital	28	39	50	38	71	89	76	47	236	267
Contingent Liabilities	0	0	0	0	10	10	10	38	38	63
Book Value per Share	92.83	113.32	137.66	165.73	208.94	247.96	279.71	278.40	266.54	308.51
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2016

Equity Capital: 6
: 48
: 30
Trade Payables: 6
: 56
Total Liabilities: 146
: 12
: 1
: 0
: 0
Cash & Bank: 27
: 105
Total Assets: 146
Total Debt: 33
Net Working Capital: 28
Contingent Liabilities: 0
Book Value per Share: 92.83
Face Value: 10.00
Total Debt: 33
Net Working Capital: 28
Contingent Liabilities: 0
Book Value per Share: 92.83
Face Value: 10.00

Mar 2017

Equity Capital: 6
: 60
: 32
Trade Payables: 6
: 30
Total Liabilities: 133
: 10
: 2
: 1
: 0
Cash & Bank: 27
: 94
Total Assets: 133
Total Debt: 36
Net Working Capital: 39
Contingent Liabilities: 0
Book Value per Share: 113.32
Face Value: 10.00
Total Debt: 36
Net Working Capital: 39
Contingent Liabilities: 0
Book Value per Share: 113.32
Face Value: 10.00

Mar 2018

Equity Capital: 6
: 74
: 12
Trade Payables: 10
: 44
Total Liabilities: 146
: 12
: 2
: 1
: 0
Cash & Bank: 28
: 104
Total Assets: 146
Total Debt: 13
Net Working Capital: 50
Contingent Liabilities: 0
Book Value per Share: 137.66
Face Value: 10.00
Total Debt: 13
Net Working Capital: 50
Contingent Liabilities: 0
Book Value per Share: 137.66
Face Value: 10.00

Mar 2019

Equity Capital: 6
: 90
: 18
Trade Payables: 11
: 63
Total Liabilities: 188
: 12
: 2
: 1
: 0
Cash & Bank: 20
: 153
Total Assets: 188
Total Debt: 21
Net Working Capital: 38
Contingent Liabilities: 0
Book Value per Share: 165.73
Face Value: 10.00
Total Debt: 21
Net Working Capital: 38
Contingent Liabilities: 0
Book Value per Share: 165.73
Face Value: 10.00

Mar 2020

Equity Capital: 6
: 115
: 49
Trade Payables: 57
: 104
Total Liabilities: 331
: 10
: 2
: 2
: 0
Cash & Bank: 38
: 279
Total Assets: 331
Total Debt: 78
Net Working Capital: 71
Contingent Liabilities: 10
Book Value per Share: 208.94
Face Value: 10.00
Total Debt: 78
Net Working Capital: 71
Contingent Liabilities: 10
Book Value per Share: 208.94
Face Value: 10.00

Mar 2021

Equity Capital: 6
: 137
: 31
Trade Payables: 36
: 126
Total Liabilities: 336
: 10
: 3
: 2
: 0
Cash & Bank: 26
: 295
Total Assets: 336
Total Debt: 65
Net Working Capital: 89
Contingent Liabilities: 10
Book Value per Share: 247.96
Face Value: 10.00
Total Debt: 65
Net Working Capital: 89
Contingent Liabilities: 10
Book Value per Share: 247.96
Face Value: 10.00

Mar 2022

Equity Capital: 6
: 155
: 44
Trade Payables: 48
: 138
Total Liabilities: 391
: 11
: 3
: 6
: 2
Cash & Bank: 22
: 347
Total Assets: 391
Total Debt: 73
Net Working Capital: 76
Contingent Liabilities: 10
Book Value per Share: 279.71
Face Value: 10.00
Total Debt: 73
Net Working Capital: 76
Contingent Liabilities: 10
Book Value per Share: 279.71
Face Value: 10.00

Mar 2023

Equity Capital: 6
: 155
: 28
Trade Payables: 14
: 133
Total Liabilities: 335
: 77
: 4
: 0
: 0
Cash & Bank: 19
: 235
Total Assets: 335
Total Debt: 48
Net Working Capital: 47
Contingent Liabilities: 38
Book Value per Share: 278.40
Face Value: 10.00
Total Debt: 48
Net Working Capital: 47
Contingent Liabilities: 38
Book Value per Share: 278.40
Face Value: 10.00

Mar 2024

Equity Capital: 14
: 358
: 76
Trade Payables: 46
: 133
Total Liabilities: 627
: 80
: 4
: 0
: 214
Cash & Bank: 179
: 150
Total Assets: 627
Total Debt: 83
Net Working Capital: 236
Contingent Liabilities: 38
Book Value per Share: 266.54
Face Value: 10.00
Total Debt: 83
Net Working Capital: 236
Contingent Liabilities: 38
Book Value per Share: 266.54
Face Value: 10.00

Mar 2025

Equity Capital: 14
: 417
: 79
Trade Payables: 42
: 193
Total Liabilities: 744
: 99
: 10
: 1
: 339
Cash & Bank: 67
: 229
Total Assets: 744
Total Debt: 84
Net Working Capital: 267
Contingent Liabilities: 63
Book Value per Share: 308.51
Face Value: 10.00
Total Debt: 84
Net Working Capital: 267
Contingent Liabilities: 63
Book Value per Share: 308.51
Face Value: 10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	15	7	29	18	-7	19	13	80	-2	-33
Cash from Investing	-8	-8	8	-39	-49	9	-10	-44	-111	-34
Cash from Financing	-1	-5	-25	8	56	-28	-3	-28	191	-8
	6	-6	12	-13	-1	0	-0	9	78	-76
Free Cash Flow	10	6	27	18	-7	18	7	9	-10	-59
OCF / Net Profit	1.35	0.61	2.04	1.14	-0.28	0.85	0.65	2.39	-0.03	-0.56
Cumulative 5-Year FCF	0	0	0	0	54	62	63	45	17	-35
OCF / Net Profit	1.35	0.61	2.04	1.14	-0.28	0.85	0.65	2.39	-0.03	-0.56
Cumulative 5-Year FCF	0	0	0	0	54	62	63	45	17	-35

Mar 2016

: 15
Cash from Investing: -8
Cash from Financing: -1
: 6
Free Cash Flow: 10
OCF / Net Profit: 1.35
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.35
Cumulative 5-Year FCF: 0

Mar 2017

: 7
Cash from Investing: -8
Cash from Financing: -5
: -6
Free Cash Flow: 6
OCF / Net Profit: 0.61
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.61
Cumulative 5-Year FCF: 0

Mar 2018

: 29
Cash from Investing: 8
Cash from Financing: -25
: 12
Free Cash Flow: 27
OCF / Net Profit: 2.04
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.04
Cumulative 5-Year FCF: 0

Mar 2019

: 18
Cash from Investing: -39
Cash from Financing: 8
: -13
Free Cash Flow: 18
OCF / Net Profit: 1.14
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.14
Cumulative 5-Year FCF: 0

Mar 2020

: -7
Cash from Investing: -49
Cash from Financing: 56
: -1
Free Cash Flow: -7
OCF / Net Profit: -0.28
Cumulative 5-Year FCF: 54
OCF / Net Profit: -0.28
Cumulative 5-Year FCF: 54

Mar 2021

: 19
Cash from Investing: 9
Cash from Financing: -28
: 0
Free Cash Flow: 18
OCF / Net Profit: 0.85
Cumulative 5-Year FCF: 62
OCF / Net Profit: 0.85
Cumulative 5-Year FCF: 62

Mar 2022

: 13
Cash from Investing: -10
Cash from Financing: -3
: -0
Free Cash Flow: 7
OCF / Net Profit: 0.65
Cumulative 5-Year FCF: 63
OCF / Net Profit: 0.65
Cumulative 5-Year FCF: 63

Mar 2023

: 80
Cash from Investing: -44
Cash from Financing: -28
: 9
Free Cash Flow: 9
OCF / Net Profit: 2.39
Cumulative 5-Year FCF: 45
OCF / Net Profit: 2.39
Cumulative 5-Year FCF: 45

Mar 2024

: -2
Cash from Investing: -111
Cash from Financing: 191
: 78
Free Cash Flow: -10
OCF / Net Profit: -0.03
Cumulative 5-Year FCF: 17
OCF / Net Profit: -0.03
Cumulative 5-Year FCF: 17

Mar 2025

: -33
Cash from Investing: -34
Cash from Financing: -8
: -76
Free Cash Flow: -59
OCF / Net Profit: -0.56
Cumulative 5-Year FCF: -35
OCF / Net Profit: -0.56
Cumulative 5-Year FCF: -35

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	19.40	20.48	24.34	28.07	43.21	39.02	35.93	58.26	34.52	43.10
Book Value (₹)	92.83	113.32	137.66	165.73	208.94	247.96	279.71	278.40	266.54	308.51
Dividend per Share (₹)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.50	1.50
Cash EPS (₹)	12.56	13.65	13.78	16.74	24.28	22.26	21.64	32.89	39.24	48.85
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	10.00%	10.05%	8.10%	8.05%	10.05%	8.03%	7.66%	8.85%	6.34%	5.98%
Net Margin %	4.18%	4.18%	4.38%	4.36%	5.45%	4.44%	3.85%	4.90%	4.90%	5.38%
ROE %	23.34%	19.87%	19.40%	18.51%	23.06%	17.08%	13.62%	20.88%	18.10%	14.99%
ROCE %	27.72%	26.02%	24.83%	25.61%	27.17%	18.43%	16.74%	25.50%	20.58%	17.00%
	8.03%	8.47%	10.05%	9.69%	9.59%	6.74%	5.70%	9.25%	10.02%	8.78%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	100	95	85	84	112	144	152	102	67	90
Inventory Days	0	1	1	1	1	2	3	2	0	0
Payable Days	189	206	235	408	183	353	742	429	77	215
	-89	-111	-150	-324	-70	-208	-587	-326	-10	-125
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.62x	0.55x	0.17x	0.22x	0.65x	0.46x	0.45x	0.30x	0.22x	0.19x
Interest Coverage (x)	4.18x	4.71x	5.21x	5.87x	5.61x	4.01x	3.69x	3.18x	5.63x	8.03x
	1.31x	1.58x	1.75x	1.41x	1.39x	1.53x	1.37x	1.30x	1.97x	1.90x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	8.82%	5.43%	13.45%	15.98%	23.00%	10.87%	6.35%	27.36%	43.65%	13.73%
Operating Profit Growth %	12.45%	5.97%	-8.59%	15.38%	53.57%	-11.44%	1.40%	47.24%	23.42%	20.89%
Net Profit Growth %	20.88%	5.56%	18.84%	15.32%	53.90%	-9.68%	-7.93%	62.14%	43.68%	24.85%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-40.75%	24.85%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	21.98x	10.03x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	2.85x	1.40x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.20%	0.35%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	12.87x	6.86x

Mar 2016

EPS (₹): 19.40
Book Value (₹): 92.83
Dividend per Share (₹): 0.00
Cash EPS (₹): 12.56
Operating Margin %: 10.00%
Net Margin %: 4.18%
ROE %: 23.34%
ROCE %: 27.72%
: 8.03%
Debtor Days: 100
Inventory Days: 0
Payable Days: 189
: -89
Debt to Equity (x): 0.62x
Interest Coverage (x): 4.18x
: 1.31x
Revenue Growth %: 8.82%
Operating Profit Growth %: 12.45%
Net Profit Growth %: 20.88%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2017

EPS (₹): 20.48
Book Value (₹): 113.32
Dividend per Share (₹): 0.00
Cash EPS (₹): 13.65
Operating Margin %: 10.05%
Net Margin %: 4.18%
ROE %: 19.87%
ROCE %: 26.02%
: 8.47%
Debtor Days: 95
Inventory Days: 1
Payable Days: 206
: -111
Debt to Equity (x): 0.55x
Interest Coverage (x): 4.71x
: 1.58x
Revenue Growth %: 5.43%
Operating Profit Growth %: 5.97%
Net Profit Growth %: 5.56%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 24.34
Book Value (₹): 137.66
Dividend per Share (₹): 0.00
Cash EPS (₹): 13.78
Operating Margin %: 8.10%
Net Margin %: 4.38%
ROE %: 19.40%
ROCE %: 24.83%
: 10.05%
Debtor Days: 85
Inventory Days: 1
Payable Days: 235
: -150
Debt to Equity (x): 0.17x
Interest Coverage (x): 5.21x
: 1.75x
Revenue Growth %: 13.45%
Operating Profit Growth %: -8.59%
Net Profit Growth %: 18.84%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 28.07
Book Value (₹): 165.73
Dividend per Share (₹): 0.00
Cash EPS (₹): 16.74
Operating Margin %: 8.05%
Net Margin %: 4.36%
ROE %: 18.51%
ROCE %: 25.61%
: 9.69%
Debtor Days: 84
Inventory Days: 1
Payable Days: 408
: -324
Debt to Equity (x): 0.22x
Interest Coverage (x): 5.87x
: 1.41x
Revenue Growth %: 15.98%
Operating Profit Growth %: 15.38%
Net Profit Growth %: 15.32%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 43.21
Book Value (₹): 208.94
Dividend per Share (₹): 0.00
Cash EPS (₹): 24.28
Operating Margin %: 10.05%
Net Margin %: 5.45%
ROE %: 23.06%
ROCE %: 27.17%
: 9.59%
Debtor Days: 112
Inventory Days: 1
Payable Days: 183
: -70
Debt to Equity (x): 0.65x
Interest Coverage (x): 5.61x
: 1.39x
Revenue Growth %: 23.00%
Operating Profit Growth %: 53.57%
Net Profit Growth %: 53.90%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 39.02
Book Value (₹): 247.96
Dividend per Share (₹): 0.00
Cash EPS (₹): 22.26
Operating Margin %: 8.03%
Net Margin %: 4.44%
ROE %: 17.08%
ROCE %: 18.43%
: 6.74%
Debtor Days: 144
Inventory Days: 2
Payable Days: 353
: -208
Debt to Equity (x): 0.46x
Interest Coverage (x): 4.01x
: 1.53x
Revenue Growth %: 10.87%
Operating Profit Growth %: -11.44%
Net Profit Growth %: -9.68%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 35.93
Book Value (₹): 279.71
Dividend per Share (₹): 0.00
Cash EPS (₹): 21.64
Operating Margin %: 7.66%
Net Margin %: 3.85%
ROE %: 13.62%
ROCE %: 16.74%
: 5.70%
Debtor Days: 152
Inventory Days: 3
Payable Days: 742
: -587
Debt to Equity (x): 0.45x
Interest Coverage (x): 3.69x
: 1.37x
Revenue Growth %: 6.35%
Operating Profit Growth %: 1.40%
Net Profit Growth %: -7.93%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 58.26
Book Value (₹): 278.40
Dividend per Share (₹): 0.00
Cash EPS (₹): 32.89
Operating Margin %: 8.85%
Net Margin %: 4.90%
ROE %: 20.88%
ROCE %: 25.50%
: 9.25%
Debtor Days: 102
Inventory Days: 2
Payable Days: 429
: -326
Debt to Equity (x): 0.30x
Interest Coverage (x): 3.18x
: 1.30x
Revenue Growth %: 27.36%
Operating Profit Growth %: 47.24%
Net Profit Growth %: 62.14%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 34.52
Book Value (₹): 266.54
Dividend per Share (₹): 1.50
Cash EPS (₹): 39.24
Operating Margin %: 6.34%
Net Margin %: 4.90%
ROE %: 18.10%
ROCE %: 20.58%
: 10.02%
Debtor Days: 67
Inventory Days: 0
Payable Days: 77
: -10
Debt to Equity (x): 0.22x
Interest Coverage (x): 5.63x
: 1.97x
Revenue Growth %: 43.65%
Operating Profit Growth %: 23.42%
Net Profit Growth %: 43.68%
: -40.75%
P/E (x): 21.98x
P/B (x): 2.85x
Dividend Yield %: 0.20%
: 12.87x

Mar 2025

EPS (₹): 43.10
Book Value (₹): 308.51
Dividend per Share (₹): 1.50
Cash EPS (₹): 48.85
Operating Margin %: 5.98%
Net Margin %: 5.38%
ROE %: 14.99%
ROCE %: 17.00%
: 8.78%
Debtor Days: 90
Inventory Days: 0
Payable Days: 215
: -125
Debt to Equity (x): 0.19x
Interest Coverage (x): 8.03x
: 1.90x
Revenue Growth %: 13.73%
Operating Profit Growth %: 20.89%
Net Profit Growth %: 24.85%
: 24.85%
P/E (x): 10.03x
P/B (x): 1.40x
Dividend Yield %: 0.35%
: 6.86x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	69.96	69.96	69.96	69.96	69.96	69.96	69.96	69.96	69.96
	2.98	0.74	0.71	2.09	1.86	1.96	1.79	1.25	1.77
	5.66	5.11	5.02	3.78	4.20	4.23	4.23	3.76	3.76
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	21.39	24.20	24.30	24.17	23.98	23.85	24.02	25.03	24.51

Jun 2024

: 69.96
: 2.98
: 5.66
Government: 0.00
: 21.39

Sep 2024

: 69.96
: 0.74
: 5.11
Government: 0.00
: 24.20

Dec 2024

: 69.96
: 0.71
: 5.02
Government: 0.00
: 24.30

Mar 2025

: 69.96
: 2.09
: 3.78
Government: 0.00
: 24.17

Jun 2025

: 69.96
: 1.86
: 4.20
Government: 0.00
: 23.98

Sep 2025

: 69.96
: 1.96
: 4.23
Government: 0.00
: 23.85

Dec 2025

: 69.96
: 1.79
: 4.23
Government: 0.00
: 24.02

Mar 2026

: 69.96
: 1.25
: 3.76
Government: 0.00
: 25.03

Jun 2026

: 69.96
: 1.77
: 3.76
Government: 0.00
: 24.51

Documents

Announcements

Copy of Newspaper Publication
2026-08-20 - Krystal Integrated Services Limited has informed the Exchange about intimation regarding publication of Notice related to AGM, Dividend and other related matters
Bagging/Receiving of orders/contracts
2026-08-18 - Krystal Integrated Services Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls

May 2026
Transcript PPTREC
Nov 2025
Transcript PPTREC
May 2025
Transcript PPTREC