Krystal Integrated Services Q4 FY26 Results: Key Estimates

What investors are tracking ahead of the May update

Krystal Integrated Services Ltd (KRYSTAL) is set to announce audited financial results for the quarter and year ended March 31, 2026, with a board meeting scheduled for May 7, 2026. The upcoming disclosure matters because it will put a number to recent operating momentum and clarify how margins are trending after a mixed cost environment. Analyst consensus in the provided data points to a Q4 FY26 revenue estimate of ₹335 crore and PAT of ₹37 crore. That implies year-on-year growth of about 7% for revenue and about 16% for PAT versus the same quarter in FY25. A dividend announcement is also flagged as part of the expected May 2026 outcome.

Expected Q4 FY26 numbers: revenue, PAT and margins

Consensus estimates referenced in the data suggest Krystal may report Q4 FY26 revenue of ₹335 crore. PAT is projected at around ₹37 crore, compared with ₹32 crore in the year-ago quarter as shown in the PAT table. EBITDA margin is expected at approximately 11.0%, described as an improvement driven by operating leverage and cost efficiencies. These figures remain estimates until the company releases audited results. The focus will be on whether the margin trajectory improves from recent quarterly levels.

Q3 FY26 recap: revenue crossed ₹305 crore, margin at 6.7%

For Q3 FY26, Krystal reported revenue from operations of ₹305.86 crore, up 10.7% year-on-year from ₹276.37 crore. On a quarter-on-quarter basis, revenue rose 7.9% from ₹283.40 crore in Q2 FY26. Total income in Q3 FY26 stood at ₹310.52 crore, including other income of ₹4.67 crore. EBITDA (excluding other income) rose 15.8% year-on-year to ₹20.50 crore from ₹17.69 crore. EBITDA margin expanded to 6.7% in Q3 FY26 versus 6.4% a year earlier.

Profitability and cost line items: what changed in Q3

Krystal reported Q3 FY26 PAT of ₹15.90 crore, up 5.0% year-on-year from ₹15.15 crore. Profit before tax came in at ₹18.21 crore, a 6.67% increase from ₹17.07 crore in Q3 FY25. Total expenses increased 11.08% year-on-year to ₹292.30 crore compared with ₹263.13 crore. Within costs, materials consumed were ₹47.06 crore, up 77.17% year-on-year. Employee benefit expense was ₹227.37 crore, marginally lower by 0.27% year-on-year.

Segment snapshot: manpower led revenue; catering grew sharply

In Q3 FY26, Manpower and Related Services contributed ₹264.69 crore, up 4.06% year-on-year. Information Technology Enabled Services revenue was ₹1.56 crore, down 83.27% year-on-year. Catering Services revenue was ₹13.58 crore, up 92.62% year-on-year. Separately, the provided notes also highlight catering and related services at ₹39.84 crore versus ₹13.59 crore year-on-year, indicating strong growth in that stream as presented in the source data. Investors typically track this mix because margin profiles can differ across service lines.

Order wins and client additions highlighted during the quarter

The data notes new orders worth about ₹166 crore, including mandates of around ₹157 crore from Delhi’s Directorate of Education and an order of around ₹9 crore from Jindal Steel Limited. It also states the company added 38 new corporate clients in Q3, compared with 30 in Q3 FY25. Over 9M FY26, new corporate clients added were cited at 127 versus 49 in the comparable period, with total clients up 38% year-on-year to 391. The company’s branch count was indicated at 33 versus 26 in FY25.

Longer-term growth context: FY21 to FY24 milestones

Krystal’s revenue and PAT grew at CAGRs of 22.54% and 51.17%, respectively, from FY21 to FY23, as cited in the data. In FY24, the company crossed ₹1,000 crore in revenue, reporting ₹1,026.8 crore, up 45.1% year-on-year. This backdrop is relevant because it frames how the market might interpret a slower or faster quarterly growth rate in FY26. The data also flags that revenue growth moderated to 6.5% year-on-year in Q2 FY26 due to delays in government tender finalisation and documentation.

Stock snapshot: price, market cap, and intraday reference points

KRYSTAL was cited as trading near ₹568 with a market capitalisation of approximately ₹1,380 crore. Separately, the data also mentions the stock rising 0.27% to ₹604.50 on the BSE, indicating the price reference varies by timestamp. Investors often compare price moves with upcoming events such as results and board meetings. Any dividend decision, if announced, is likely to be tracked closely given the company declared a dividend of ₹1.50 on September 2, 2025.

Key numbers table (all amounts in ₹ crore unless stated)

What to watch in the audited results

The audited Q4 and full-year release should help reconcile the gap between recent quarterly EBITDA margins around the mid-single digits and the 11% EBITDA margin expectation mentioned for Q4 FY26. The cost mix will be important, particularly movements in materials consumption and employee costs, given their divergent trends in Q3. Commentary around government tender execution timelines may also matter, as Q2 growth was linked to tender-related delays in the data. Investors may also watch for any update tied to dividend consideration, since the May board meeting is expected to cover revenue, PAT, and a dividend announcement.

Company details mentioned in the data

The registered address provided is Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003. The contact emails listed are support@univest.in and compliance@univest.in.

Conclusion

Krystal Integrated Services enters its May 2026 results window after reporting Q3 FY26 revenue of ₹305.86 crore and EBITDA margin of 6.7%, alongside notable order wins and client additions. The next key milestone is the May 7, 2026 board meeting, when audited Q4 FY26 and FY26 results and any dividend decision are expected to be approved and announced.