Krystal Integrated Services IPO: The good and the bad

About the company

Krystal Integrated Services, an integrated facility management service company, offers services like housekeeping, landscaping, warehouse management and staffing.

IPO details

Post-IPO

Financial history

Key financials

The good

Diverse customer base: It provides various services and caters to several industries

The bad

Government contracts alone account for 74% of its revenue. Hence, payment delays can significantly hurt its financials.

The bad

It faces stiff competition from its peers, owing to low entry barriers.

Risk report

Was the profit before tax of Krystal Integrated Services more than Rs 50 crore in the last 12 months? No. Its profit before tax for FY23 was Rs 39 crore.

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