Krystal Integrated Services Bags ₹47.55 Cr Airport Contracts

Krystal Integrated Services Limited (KISL) has been awarded contracts for facility management and security services at three major airports in India, Chennai International Airport, Chandigarh International Airport, and Thiruvananthapuram International Airport. The contracts have a combined value of approximately ₹47.55 crore and vary in duration and scope.

As of 11:24 AM on March 4, Krystal Integrated Services Limited (KISL)  traded at ₹446.50, up by ₹22.15 (5.22%) for the day, though it has declined by 20.57% over the past month and 37.36% over the past year.

Facility Management at Chennai International Airport

KISL has been assigned the upkeep of the T4 Passenger Terminal’s MESS at Chennai International Airport. The contract is valued at ₹20,95,57,352.60 (₹20.95 crore) and will be executed over three years. It was awarded by the Airports Authority of India (AAI), Chennai, under contract reference GEMC-511687759922710 dated February 28, 2025, and was received by KISL on March 3, 2025.​

Chandigarh International Airport Contract

The company has also secured a contract for facility management services at Chandigarh International Airport. This contract, valued at ₹23,60,18,407.32 (₹23.6 crore), also spans three years. It was awarded under contract reference GEMC-511687719402622 on February 23, 2025, and received by KISL on March 3, 2025. The agreement covers sanitation and maintenance services across airport facilities.​

Security Services at Thiruvananthapuram Airport

KISL has been awarded a contract for deploying security personnel for non-core functions at Thiruvananthapuram International Airport. This contract, valued at ₹3 crore, was granted by TRV (Kerala) International Airport Limited (formerly Adani Thiruvananthapuram International Airport Ltd). It runs for 12 months and was awarded under contract reference PROC/TRV/24-25/LOA/PSA/KGC dated January 18, 2025.​

No Related Party Transactions

KISL, as per the filing, has confirmed that none of these contracts involve related party transactions, and there is no promoter or group interest in the awarding entities. All contracts are domestic.

All in all, these contracts add to KISL’s portfolio of large-scale facility management and security service projects, further expanding its operations across airport infrastructure in India.

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