Krystal Integrated Shares Surge 5% on Strong Q4 Results and Robust Order Book

Krystal Integrated Services saw its share price rise over 5% on Tuesday after announcing strong Q4 results. For the quarter ending March 31 (Q4FY24), the company’s consolidated profit after taxes (PAT) increased by 70.3% to ₹15.7 crore from ₹9.2 crore in Q4FY23. Revenue for the same period rose 52% year-on-year to ₹292.2 crore from ₹192.2 crore.

Financial Performance

According to the company’s filing, EBITDA grew by 97.7% year-over-year to ₹18.8 crore in Q4 FY24. The EBITDA margin also improved by 149 basis points to 6.4%.


Additionally, the board recommended a dividend of ₹1.50 per equity share, subject to shareholder approval.

For the full fiscal year FY24, Krystal Integrated’s revenue reached ₹1,026.8 crore, marking a 45.1% increase from the previous year. The profit after taxes for the year was ₹49.0 crore, up from ₹33.8 crore in FY23. The PAT margin was 4.8%.

CEO and Whole Time Director Sanjay Dighe highlighted that the company’s revenue surpassed the ₹1,000 crore mark for the first time. He attributed the growth to a robust order book and new contract acquisitions. The company is also diversifying its business by expanding corporate partnerships and broadening its service offerings.

Stock Performance

On Tuesday, Krystal Integrated Services’ share price opened at ₹789.95 apiece on the BSE. The stock reached an intraday high of ₹790.55 and a low of ₹765. Since its debut on March 21, the shares have increased by 8.6%.

In March, Krystal Integrated Services shares were listed at a premium of more than 11% above the issue price of ₹715. The stock debuted at ₹795 on the BSE, up 11.18%, and at ₹785 on the NSE, up 9.79%.

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