SIS Limited delivered a strong financial turnaround in Q4 FY26, with audited consolidated results showing a net profit of Rs. 102.50 crore against a net loss of Rs. 223.35 crore in Q4 FY25. The Board of Directors approved the audited financial results at its meeting held on April 30, 2026, and the company subsequently published newspaper advertisements of the results in the Financial Express (All India Edition, English) and Hindustan (Patna Edition, Hindi) on May 3, 2026, in compliance with Regulation 47 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The publication, originally scheduled for May 2, 2026, was delayed by one day as May 1, 2026, was a Labour Day holiday.

Consolidated Financial Performance

The company's audited consolidated results for Q4 FY26 and the full year FY26 reflect a significant recovery in profitability and sustained revenue momentum. The following table presents key consolidated financial metrics:

The Q4 EPS figures are not annualised, while the full-year FY26 EPS figures are annualised. Revenue from operations for the full year FY26 stood at Rs. 15,981.53 crore, reflecting broad-based growth across all business segments. The turnaround in net profit — from a loss of Rs. 223.35 crore in Q4 FY25 to a profit of Rs. 102.50 crore in Q4 FY26 — underscores the company's improved operational efficiency and cost management.

Exceptional Item: Labour Codes Impact

A notable development reflected in the FY26 consolidated results is the recognition of an exceptional item arising from the Government of India's notification of four new Labour Codes on November 21, 2025. These codes — the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020 — consolidate 29 existing labour laws into a unified framework governing employee benefits. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact. The Group assessed and disclosed the incremental impact consistent with guidance from the Institute of Chartered Accountants of India, resulting in an increase in employee benefits of INR 290.02 crore. Given the materiality and regulatory-driven, non-recurring nature of this development, the Group has presented this incremental impact as an "Exceptional item" in the consolidated statement of profit and loss for the year ended March 31, 2026. The Group continues to monitor the finalisation of Central and State Rules and will give appropriate accounting effect to further developments in the period in which they are notified.

Standalone Financial Results

On a standalone basis, SIS Limited also reported healthy performance for Q4 FY26 and the full year FY26. The table below captures key standalone financial metrics:

* Ratios for the quarter ended have been annualised.

The standalone debt equity ratio improved significantly to 0.45 times from 0.75 times in Q4 FY25, reflecting meaningful deleveraging. The debt service coverage ratio also strengthened to 4.38 times for Q4 FY26 from 1.10 times in Q4 FY25, indicating a substantially improved debt servicing capacity. Outstanding debt declined to Rs. 487.70 crore from Rs. 858.40 crore in Q4 FY25.

Segment-wise Business Performance

Security Solutions India

The Security Solutions India segment continued its impressive growth trajectory, recording revenue of Rs. 1,925.00 crore in Q4 FY26 compared to Rs. 1,435.00 crore in Q4 FY25, representing a 34.20% year-on-year increase. The segment secured major wins from E-commerce, Construction & Manufacturing, and Power & Energy sectors. EBITDA reached Rs. 98.00 crore with margin improvement to 5.10% in Q4 FY26 from 4.80% in Q3 FY26.

Security Solutions International

The international operations delivered strong performance with revenue of Rs. 1,950.00 crore in Q4 FY26, marking a 36.90% year-on-year growth (17.10% in constant currency terms). Growth was primarily driven by new contracts in E-commerce and Government sectors. Segment EBITDA grew 28.70% year-on-year to Rs. 74.00 crore, maintaining an EBITDA margin of 3.80%. Henderson (Singapore) reported operational profits for both Q4 FY26 and the full year FY26.

Facility Management Solutions

The Facility Management segment achieved revenue of Rs. 635.00 crore for Q4 FY26, representing 8.10% year-on-year growth. Major contract wins came from Healthcare, Manufacturing & Construction, and Automobile sectors. The segment reported its highest-ever quarterly EBITDA of Rs. 35.00 crore, growing 26.50% year-on-year, with EBITDA margin expanding to 5.50% from 4.70% in Q4 FY25.

Board Meeting Outcomes, Leadership and Capital Management

The Board meeting held on April 30, 2026, approved several key decisions in addition to the financial results:

Mrs. Rita Kishore Sinha, who was serving as Non-executive Chairperson, brings over 38 years of legal experience. She holds a Master's degree in Arts (Hindi) from Ranchi University and a Bachelor's degree in Law from Chota Nagpur Law College, and is enrolled with the High Court of Patna and the Supreme Court Bar Association, New Delhi. She is the mother of Mr. Rituraj Kishore Sinha, Managing Director, and Ms. Rivoli Sinha, Non-Executive Director. On capital management, the company returned approximately Rs. 250.00 crore to shareholders through dividends and buybacks during FY26. Key financial health metrics included a Net Debt to EBITDA ratio of 0.99x as of March 2026 (versus 1.25x in December 2025), OCF to EBITDA of 203.30% for the quarter, and Group DSO of 63 days — the lowest since June 2023.

SIS Limited announced its audited financial results for Q4 FY26 on April 30, 2026, delivering record-breaking performance with significant turnaround in profitability. The company reported consolidated net profit of ₹100.00 cr compared to a loss of ₹223.00 cr in Q4 FY25, marking a strong recovery. Revenue reached ₹4,489.30 cr, representing a 31.00% year-on-year increase from ₹3,427.90 cr in Q4 FY25, while also demonstrating strong sequential growth of 7.30% from Q3 FY26.

Record Financial Performance and Profitability Turnaround

The company delivered exceptional financial performance across all key metrics, with EBITDA reaching ₹220.00 cr compared to a loss of ₹134.00 cr in Q4 FY25, representing a remarkable turnaround. Operating PAT grew by 27.90% to ₹105.50 cr compared to ₹82.50 cr in the previous year quarter, with the adjustment accounting for one-off impact from APS acquisition-related cost of approximately ₹3.00 cr.

Segment-wise Revenue Performance

All three business segments demonstrated robust growth momentum with strong order wins across key sectors. Security Solutions India achieved 34.20% YoY growth reaching ₹1,925.00 cr, while Security Solutions International recorded impressive 36.90% YoY growth to ₹1,950.00 cr. The Facility Management Solutions segment reported its highest-ever quarterly EBITDA at ₹35.00 cr, representing 26.50% YoY growth.

Dividend Recommendation and Executive Leadership

The Board of Directors recommended a final dividend of ₹7.00 per equity share for FY26, reflecting the company's strong financial performance and commitment to shareholder returns. Additionally, the Board approved the appointment of Mrs. Rita Kishore Sinha (DIN: 00945652) as Executive Director and her redesignation as Executive Chairperson for a five-year term effective May 1, 2026, subject to shareholder approval.

Financial Health and Management Outlook

The company demonstrated strong cash conversion with OCF/EBITDA at 203.30% for the quarter, driven by improved working capital management. Net Debt to EBITDA improved significantly to 0.99x as of March 2026 from 1.25x in December 2025, while group DSO reached 63 days, the lowest since June 2023. Return ratios remained strong with ROCE at 16.50% and RoE at 15.80% in Q4 FY26.

Group Managing Director Rituraj Kishore Sinha commented: "We exit FY26 with – highest ever revenue, highest ever EBITDA. Largest capital return to shareholders - INR 250 cr. And the greatest reset opportunity the industry has witnessed in decades - Labour Codes. SIS is moving from FY26 REBOUND year to potentially INFLECTION year." The company returned approximately ₹250.00 cr to shareholders through dividends and buybacks in FY26, marking the largest capital return in company history.