Key Highlights
- Krystal Integrated Services acquires 100% stake in Citelum India.
- Citelum India is part of the city lighting and urban infrastructure services segment.
- Krystal targets ₹300–350 crore annual revenue from the business over the next 3–4 years.
- The company plans to invest approximately ₹100 crore in engineering capabilities and technology platforms.
- Operations are planned to scale across around 30–40 cities in 12–15 states.
- Infrastructure services are expected to contribute 12–15% of consolidated revenue.
- Citelum India has experience managing more than 3,00,000 lighting points across major projects.
- The expansion could create more than 5,000 skilled and semi-skilled employment opportunities.
- Krystal plans to expand into connected lighting, smart metering and EV charging infrastructure.
- Citelum India will operate as a wholly owned subsidiary of Krystal Integrated Services.
Krystal Integrated Services Limited has acquired a 100% stake in Citelum India Private Limited, marking the company’s entry into the city lighting and urban infrastructure services segment. Citelum India is currently held by shareholders including Citelum S.A.S., France, which is part of the France government-owned EDF Group.
The acquisition is expected to expand Krystal Integrated Services’ presence beyond facility management and technical operations into infrastructure-linked services, with a focus on city lighting, urban infrastructure and related engineering solutions.
Krystal Targets ₹300–350 Crore Annual Revenue
Following the acquisition, Krystal Integrated Services is targeting annual revenue of ₹300–350 crore from its city lighting and urban infrastructure business over the next three to four years.
The company plans to invest approximately ₹100 crore in engineering capabilities, technology platforms and business expansion. Krystal also intends to scale operations across around 30–40 cities in 12–15 states.
The infrastructure services business is expected to contribute around 12–15% of Krystal Integrated Services’ consolidated revenue as the segment expands.
Entry into City Lighting and Urban Infrastructure
The acquisition represents Krystal’s entry into city lighting and urban infrastructure services, a segment supported by increasing investment in energy-efficient public infrastructure and city development initiatives.
Citelum India provides services covering the design, engineering, installation and maintenance of street lighting and city lighting infrastructure. Its capabilities also include connected lighting solutions and management of lighting assets.
Krystal plans to combine Citelum India’s technical expertise with its existing operational capabilities in integrated services and technical maintenance. The company expects the combination to strengthen its ability to undertake long-term infrastructure operations and maintenance projects.
Expansion into Connected Lighting and EV Infrastructure
Krystal Integrated Services plans to build on Citelum India’s domain expertise and expand into adjacent electrical infrastructure services.
The company’s areas of focus include connected lighting, smart metering, electric vehicle charging infrastructure and other city-focused electrical solutions. The strategy is aimed at creating an integrated infrastructure services platform covering engineering, installation, operations and maintenance.
Citelum India will operate as a wholly owned subsidiary of Krystal Integrated Services following the acquisition.
Citelum India’s Infrastructure Operations
Citelum India specialises in city lighting and urban infrastructure services for municipal bodies, state government entities and corporate clients.
Its service portfolio includes street lighting, artistic illumination, urban network management, video surveillance, traffic management, Internet of Things integration, remote network monitoring, EV charging infrastructure and environmental sensor technologies.
The company has experience managing more than 3,00,000 lighting points across major projects in states including Gujarat, Uttar Pradesh and Madhya Pradesh.
Acquisition Expected to Create Over 5,000 Employment Opportunities
According to the company, the expansion of operations could create more than 5,000 skilled and semi-skilled employment opportunities.
The company expects the acquisition to support participation in larger infrastructure projects requiring specialised engineering capabilities and long-term service delivery.
Citelum India’s existing capabilities are also expected to complement Krystal Integrated Services’ integrated facility management, technical operations and maintenance platform.
Krystal Integrated Services Business
Krystal Integrated Services provides integrated facility management services, staffing solutions, security services, catering and waste management services across India.
The company operates across sectors including healthcare, education, city infrastructure, waste management and manufacturing, serving government entities, corporate clients, municipal bodies and other organisations.
The acquisition of Citelum India expands Krystal’s addressable market into city lighting and urban infrastructure while adding engineering-led capabilities to its existing services portfolio.
Conclusion
The acquisition of Citelum India marks a strategic expansion for Krystal Integrated Services into city lighting and urban infrastructure services. With a targeted annual revenue of ₹300–350 crore from the segment over the next three to four years, an investment plan of approximately ₹100 crore and operations planned across 30–40 cities, the company is positioning the business as a new infrastructure services vertical.
The company expects the expanded platform to support opportunities in connected lighting, smart infrastructure, EV charging and other technology-enabled urban infrastructure services.
