SIS LimitedQ1 FY27 Results & Financial Update
SIS Limited: Q1 FY27 consolidated results and company financials – revenue ₹4,603.56 Cr, PAT ₹101.66 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
SIS price & chart
Quarter overview
Quarterly earnings analysis
During the quarter ended June 30, 2026 (Q1 FY27), SIS Limited delivered consolidated revenue from operations of Rs. 4,603.56 crore, reflecting robust business execution and continued momentum across domestic and international segments.
Operating profitability remained solid, with EBITDA reported at Rs. 207.1 crore, translating to an EBITDA margin of 4.5%.
The Security Solutions India segment sustained strong growth momentum, achieving revenue of Rs. 2,004.1 crore, aided by key client acquisitions across education, healthcare, e-commerce, and BFSI sectors.
Management noted that the implementation of new Labour Codes combined with strong execution positions FY27 as an inflection year for the company.
During the quarter, the board approved an in-principle undertaking for a share buyback through the open market route, marking the fifth buyback announced by the company.
01 · Business model
What does SIS do?
SIS Limited is an Indian multinational and essential services market leader with operations spanning security solutions, facility management, and cash logistics.
The company employs over 350,000 personnel across more than 600 districts in India and holds leading market positions, including #1 in Security Solutions, #1 in Facility Management, and #2 in Cash Logistics in India, alongside being the largest security solutions provider in Australia.
The economic and operating model relies on long-term contracts across diverse sectors such as education, healthcare, e-commerce, and BFSI, generating recurring revenue streams backed by disciplined SG&A management and portfolio optimization.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹4,603.56 Cr |
| EBITDA | ₹207.10 Cr |
| Profit before tax | ₹106.38 Cr |
| Profit after tax | ₹101.66 Cr |
| EPS | ₹7.19 |
| EBITDA margin | 4.50% |
Financial interpretation
What the reported numbers mean
Profit after tax represented 2.2% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 2.3% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Security Solutions International contributed Rs. 1,981.9 crore in revenue, propelled by new contract wins in the defence and aviation sectors.
Facility Management Solutions delivered revenue of Rs. 642.0 crore, supported by new wins across education, manufacturing, and hospitality sectors.
What drove margins
Consolidated EBITDA margin stood at 4.5%, with segment-level EBITDA margins remaining stable (5.1% for Security India, 3.5% for Security International, and 5.5% for Facility Management).
04 · Demand, customers & order book
Where demand is coming from
Secured major customer wins across diverse industries including education, healthcare, e-commerce, BFSI, defence, aviation, manufacturing, and hospitality.
05 · Segments, products & geography
Which parts of the business are doing the work
Geography and market mix
Maintained widespread reach across more than 600 districts in India, retaining market leadership in security solutions and facility management.
Operates as the largest security solutions company in Australia, contributing significantly to international security revenue.
06 · Strategy & new businesses
How the company is trying to change its growth mix
The Board of Directors approved an in-principle undertaking to execute a share buyback through the open market route, taking total capital returned to shareholders past Rs. 700 crore since IPO.
07 · Reported developments
What changed operationally
Reported solid revenue from operations at Rs. 4,603.56 crore with double-digit growth contributions across major business segments.
08 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Operating cash flow to EBITDA (OCF/EBITDA) conversion ratio stood at 42.3% for the quarter, with group Days Sales Outstanding (DSO) at 66 days.
Capital allocation & funding
Net Debt to EBITDA was recorded at 1.05x as of June 2026, compared to 0.99x as of March 2026.
09 · Beyond the numbers
What changed beyond the numbers
Open Market Buyback
SIS announced its 5th buyback via the open market route, scheduled to open the following week.
10 · Key Q&A
The quarter, answered directly
What does SIS do?
SIS Limited is an Indian multinational and essential services market leader with operations spanning security solutions, facility management, and cash logistics.
What is the clearest takeaway from Q1 FY27?
During the quarter ended June 30, 2026 (Q1 FY27), SIS Limited delivered consolidated revenue from operations of Rs. 4,603.56 crore, reflecting robust business execution and continued momentum across domestic and international segments.
What drove revenue or demand?
Security Solutions International contributed Rs. 1,981.9 crore in revenue, propelled by new contract wins in the defence and aviation sectors.
What mattered most for margins or profitability?
Consolidated EBITDA margin stood at 4.5%, with segment-level EBITDA margins remaining stable (5.1% for Security India, 3.5% for Security International, and 5.5% for Facility Management).
What changed operationally beyond the headline numbers?
The Board of Directors approved an in-principle undertaking to execute a share buyback through the open market route, taking total capital returned to shareholders past Rs. 700 crore since IPO.
What should the next disclosure help confirm?
Monitor operational and financial impacts stemming from the implementation of new Labour Codes during FY27.
11 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
12 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Labour Codes Implementation: Monitor operational and financial impacts stemming from the implementation of new Labour Codes during FY27.
- 02
Leverage & Cash Conversion: Track the trajectory of Net Debt to EBITDA (currently 1.05x) and cash conversion ratios in subsequent quarters.
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