SIS Ltd
NSE:SIS
SIS Ltd
SIS Ltd. engages in the provision of security systems and solutions. The company is headquartered in New Delhi, Delhi. The company went IPO on 2017-08-10. The firm's business segments include Security Solutions-India, Security Solutions-International and Facility Management. The firm is directly and indirectly engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, house-keeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, automated teller machine (ATM) cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems through its subsidiaries, joint ventures and associates. The company has a presence in Asia-Pacific, Singapore and New Zealand.
SIS Ltd. engages in the provision of security systems and solutions. The company is headquartered in New Delhi, Delhi. The company went IPO on 2017-08-10. The firm's business segments include Security Solutions-India, Security Solutions-International and Facility Management. The firm is directly and indirectly engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, house-keeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, automated teller machine (ATM) cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems through its subsidiaries, joint ventures and associates. The company has a presence in Asia-Pacific, Singapore and New Zealand.
Record Revenue: SIS posted its highest-ever quarterly consolidated revenue at INR 4,185 crores, marking 24.5% year-on-year growth, with all business segments hitting record highs.
Profitability Rebound: Operating EBITDA rose to INR 196 crores, up 25.2% YoY, and operating margins improved across segments, signaling a strong rebound year.
One-Time Labor Code Charge: A one-time exceptional charge of INR 290 crores was taken for past gratuity and leave liabilities due to new labor codes; management expects to recover much of this from clients over time.
Return on Capital Improves: Return on capital employed increased from 12% to 15.2%, reflecting better operational efficiency and balance sheet cleanup.
Dividend Policy Shift: SIS paid a higher dividend of INR 7 per share this quarter and plans to balance future shareholder returns between dividends and buybacks.
Positive Outlook: Management sees labor reforms as a structural tailwind, expects continued revenue and margin growth, with no formal guidance but indicative annual growth rates of 12% overall.
