KRYSTAL2024-01-012024-03-31 KRYSTAL2024-01-012024-03-31 KRYSTAL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member KRYSTAL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member KRYSTAL2024-03-31 KRYSTAL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member KRYSTAL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member KRYSTAL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member KRYSTAL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member KRYSTAL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member KRYSTAL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member KRYSTAL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member KRYSTAL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member KRYSTAL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member KRYSTAL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member KRYSTAL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member KRYSTAL2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member KRYSTAL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member KRYSTAL2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544149 KRYSTAL NOTLISTED Krystal Integrated Services Limited Equity 2023-04-01 2024-03-31 2024-05-27 2024-05-20 INR Millions Yearly 16:30:00 17:10:00 2024-05-27 2024-05-27 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 2921668000.00 23995000.00 2945663000.00 581994000.00 0.00 0.00 2032337000.00 29677000.00 18716000.00 119314000.00 2782038000.00 163625000.00 0.00 163625000.00 -17223000.00 23402000.00 6179000.00 0.00 157446000.00 0.00 0.00 0.00 -831000.00 156615000.00 6666000.00 163281000.00 109564000.00 47052000.00 114227000.00 49054000.00 139720000.00 10 13.58 13.58 0.00 0.00 13.58 13.58 Notes to the Audited Consolidated Financial Results for the Quarter and Year ended March 31, 2024 4. The above consolidated Financial results have been reviewed by the Audit Committee on May 27, 2024 and taken on record and approved by the Board of Directors at their meeting held on May 27, 2024. The above results have been subjected to audit by the statutory auditors of the Company. The report of the statutory auditors is unqualified. 5. The figures for the quarter ended March 31, 2024 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the said period, which were subjected to limited review. The figures for the quarter ended March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the said period. Also refer Note 6 and 7 below. 6. The figures for the year ended 31 March 2023 have been extracted from general purpose financial statements of the Company for the year ended 31 March 2023 which were audited by the Statutory auditors of the Company. 7. The figures for the quarter ended 31st March 2023 as reported in these audited consolidated financial result being the balancing figures between the consolidated Audited figures in respect of the full financial year ended March 2023 and the unaudited year to date figures upto the end of Q3 of previous financial year which have approved by the boeard of directors but have not been subjected to review / audit by the statutory auditors since the requirement of submission of quarterly consolidated financial results is applicable on listing of equity shares of the Company on March 21, 2024. However, management has taken necessary care and diligence to ensure that the financial results for the aforesaid period provides a true and fair view of the Company's affairs. 8. The figures for the quarter ended 31st December 2023 are the balancing figures between the unaudited figures for the nine months period ended 31st December 2023 and audited figures for the half year ended 30th September 2023. 9. These consolidated financial results of the Company have been prepared in accordance with Indian Accounting Standards ('Ind AS') as prescribed under section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015. 10. Based on the Management approach defined under Ind AS 108 - Operating Segments, the Chief Operating Decision Maker evaluates the Group's performance and allocate resources based on an analysis of various performance indicators by business segments. Accordingly information has been presented along these segments. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 10268487000.00 80008000.00 10348495000.00 1623144000.00 0.00 0.00 7678795000.00 119843000.00 71452000.00 279741000.00 9772975000.00 575520000.00 0.00 575520000.00 55673000.00 29573000.00 85246000.00 0.00 490274000.00 0.00 0.00 0.00 415000.00 490689000.00 3742000.00 494431000.00 343273000.00 147417000.00 345890000.00 148541000.00 139720000.00 10 3622503000.00 42.30 42.30 0.00 0.00 42.30 42.30 Other Expenses 119314000.00 Other Expenses 279741000.00 24476000.00 829123000.00 0.00 0.00 0.00 614000.00 0.00 0.00 0.00 30649000.00 0.00 0.00 172892000.00 203541000.00 43679000.00 420112000.00 1497069000.00 6347000.00 0.00 2323637000.00 885214000.00 914947000.00 726719000.00 48947000.00 4899464000.00 6235000.00 60965000.00 4973011000.00 6470080000.00 115244000.00 3622503000.00 3737747000.00 3762223000.00 68210000.00 32449000.00 100659000.00 4564000.00 105223000.00 764383000.00 562107000.00 824937000.00 2151427000.00 323922000.00 127285000.00 2602634000.00 2707857000.00 6470080000.00 11. During the year, the authorized share capital was increased from 1,00,00,000 equity shares of INR 10 each amounting to INR 100 million to 15,00,00,000 equity shares of INR 10 each amounting to INR 150 million which was duly approved by the board in meeting dated September 26, 2023 and by the shareholders of the Company by means of an special resolution dated September 26, 2023. Post increase of the existing authorised share capital of the company, the Board of Directors at its meeting held on September 26, 2023 had approved the bonus issue of one new equity share for every one share held on record date which was approved by the shareholders by means of a special resolution dated September 26, 2023. Through a Board resolution dated September 26, 2023, the Company has allotted 57,62,200 equity shares of INR 10 each as bonus shares to the existing equity shareholders. 12. The Company has completed an Initial Public Offer ( IPO ) by way of fresh issue of 24,47,552 equity shares of face value of INR 10 each and an offer for sale of 17,50,000 equity shares of face value of INR 10 each of the Company at an issue price of lNR 715 per equity share aggregating to INR 3001.25 million (comprising fresh issue of equity shares of lNR 1750 million and payable to selling shareholders towards offer for sale of INR 1251.25 million). The Company allotted 24,47,552 fresh equity shares of INR 10 each at a premium of lNR 705 per equity share on 19th March, 2024. Consequent to allotment of fresh issue, the paid-up equity share capital of the Company stands increased from INR 115.24 Mn consisting of 11,524,400 Equity Shares of INR 10 each to INR 139.72 Mn consisting of 13,971,952 Equity Shares of INR 10 each. The total share premium arising on IPO amounting to INR 1725.52 million had been accounted under securities premium reserve and the IPO related expenses amounting to lNR 116.31 million, being Company's share of total estimated IPO expense had been adjusted against the premium amount as above. During the quarter ended March 31, 2024, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited on March 21, 2024. Details of utilisation of IPO proceeds are tabulated below: Object of Issue- Repayment and / or prepayment of certain borrowings availed by the Company -Amount as proposed in offer document -100 million -Utilization upto 31/03/2024 - 100 million -Unutilized upto 31/03/2024 - NIL. Funding working capital requirements -Amount as proposed in offer document -1000 million -Utilization upto 31/03/2024 - 200 million -Unutilized upto 31/03/2024 - 800 million Funding capital expenditure for purchase of new machinery -Amount as proposed in offer document -100 million -Utilization upto 31/03/2024 - NIL * -Unutilized upto 31/03/2024 - 100 million General corporate purposes -Amount as proposed in offer document - 433.69 million -Utilization upto 31/03/2024 - NIL -Unutilized upto 31/03/2024 - 433.69 million Net IPO proceeds which were unutilised as at March 31, 2024 were temporarily invested in fixed deposits with banks, Monitoring Agency bank account and in IPO Public issue account. * Includes INR 20 million estimated for utilisation by FY 2023-24 as per the prospectus. In this regard, the unutilised IPO fund balance has been carried forward for utilization in FY 2024-25 in accordance with applicable laws, based on approval obtained from the Board of Directors. (a) Manpower & Related Services 2467723000.00 (b) Information Technology Enabled Services 453946000.00 (a) Manpower & Related Services 8988020000.00 (b) Information Technology Enabled Services 1280467000.00 2921669000.00 10268487000.00 0.00 0.00 2921669000.00 10268487000.00 (a) Manpower & Related Services 136389000.00 (b) Information Technology Enabled Services 27237000.00 (a) Manpower & Related Services 498692000.00 (b) Information Technology Enabled Services 76828000.00 163626000.00 575520000.00 0.00 0.00 0.00 13. Previous period’s / year’s figures have been regrouped/reclassified wherever necessary to conform to current period’s classification. 14. These financial results are also available on the stock exchange websites www.bseindia.com and www.nseindia.com and on our website www.krystal-group.com. 15. The Board of Directors of the company has recommended a Final dividend of Rs. 1.50/- per equity shares ( i.e 15% ) of the Face Value of Rs.10/- each for the financial year ended March 31st 2024, subject to the approval of the members at the ensuing Annual General Meeting. 0.00 163626000.00 575520000.00 (a) Manpower & Related Services 6243245000.00 (b) Information Technology Enabled Services 226835000.00 6470080000.00 0.00 6470080000.00 (a) Manpower & Related Services 2432608000.00 (b) Information Technology Enabled Services 275249000.00 2707857000.00 0.00 2707857000.00 119843000.00 -238000.00 -828306000.00 0.00 0.00 0.00 0.00 -329204000.00 0.00 0.00 547096000.00 0.00 0.00 71452000.00 0.00 -423000.00 0.00 0.00 0.00 0.00 0.00 22690000.00 0.00 -1579000.00 0.00 0.00 415000.00 -10167000.00 0.00 -453801000.00 121719000.00 0.00 0.00 0.00 99005000.00 0.00 22714000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 123070000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 475209000.00 0.00 0.00 0.00 0.00 22690000.00 0.00 -570900000.00 0.00 -1146489000.00 0.00 0.00 3001250000.00 0.00 0.00 0.00 0.00 0.00 482008000.00 129331000.00 0.00 -44623000.00 0.00 115709000.00 0.00 -1367559000.00 1915282000.00 791507000.00 0.00 791507000.00 93713000.00 885220000.00 7862000.00 4985000.00 1196000.00 1244000.00 0.00 0.00