SIS Q1 Profit Rises 9.4% to Rs 101.66 Cr; Board Approves Rs 106 Cr Share Buyback

New Delhi: SIS Ltd, a leading security and facility management services provider, on Wednesday reported a 9.37 per cent increase in its consolidated net profit to Rs 101.66 crore in the June quarter, led by a strong performance across segments.

The company had posted a net profit of Rs 92.95 crore in the April-June period a year ago, according to a regulatory filing.

Its revenue from operations grew 29.73 per cent year-on-year to Rs 4,603.58 crore in the first quarter of FY27, compared to Rs 3,548.49 crore in the corresponding period a year ago. ​ “Ebitda crossed the Rs 200 crore mark again at Rs 207 crore, up 36.2 per cent YoY, with robust performance across segments,” said the security services firm in its earnings statement.

The company’s total consolidated income, which includes other income, was at Rs 4,615.86 crore, up 29.4 per cent in the first quarter of FY27. ​ Total expenses stood at Rs 4,517.11 crore, up 30 per cent YoY, in the quarter under review.

Revenue from Security Services – India business jumped 37.27 per cent to Rs 2,004.08 crore. The growth was led by major order wins during the quarter, which came from the education, healthcare, e-commerce and BFSI sectors, it said.

Similarly, its revenue from Security Solutions International business also advanced 31 per cent to Rs 1,981.94 crore, primarily driven by new order wins in the defence and the aviation sectors.

Revenue from the Facilities Management segment was also up 8 per cent at Rs 641.95 crore.

“The segment reported its highest-ever quarterly Ebitda at Rs 35.2 crore, a 23.7 per cent YoY growth. Ebitda margin remained stable at 5.5 per cent in Q1 FY27, in line with Q4 FY26,” the company said.

Commenting on the results, SIS Group Managing Director Rituraj Sinha said, “With Labour Codes implementation and strong execution in Q1, FY27 is set to be an inflection year.” Moreover, in a separate filing, SIS informed its board has also approved a share buyback of up to Rs 106 crore, which will be the company’s fifth buyback programme since its stock market debut in 2017.

The board has approved a maximum buyback price of Rs 478.50 per share, to be executed via the open market route starting next week.

Commenting on the development, Sinha said, “We are pleased to be amongst the first few to tap the open market route for our buyback, which is scheduled to open next week. With this buyback, SIS will have returned over Rs 700 crore to shareholders since the IPO.” On Wednesday, shares of SIS Ltd settled 0.34 per cent higher at Rs 431.15 apiece on the BSE.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)