SIS Limited delivered robust financial performance in Q1 FY27, reporting consolidated revenue of ₹4,603.6 crore, up 29.7% year-on-year (YoY) and 2.5% quarter-on-quarter (QoQ). The growth was underpinned by record revenues in both its Security Solutions India and International segments, alongside margin expansion in Facility Management Solutions. Concurrently, the Board of Directors approved a share buyback program worth up to ₹106 crore at a maximum price of ₹478.50 per equity share, signaling confidence in the company's valuation and commitment to returning capital to shareholders.

The buyback, executed through the open market route in accordance with the SEBI (Buy-Back of Securities) Regulations, 2018, allows for the acquisition of up to 22,15,256 equity shares, representing approximately 1.57% of the paid-up equity capital. Promoters and persons in control are barred from participating. This marks SIS Limited's fifth buyback since listing, taking the cumulative capital returned to shareholders to over ₹700 crore when combined with previous buybacks and dividends.

Financial Highlights

The company's key financial metrics for Q1 FY27 are summarised below:

EBITDA stood at ₹207.1 crore, a 36.2% YoY increase, with EBITDA margins at 4.5%. Profit after tax (PAT) rose 9.4% YoY to ₹101.7 crore. Return on Capital Employed (ROCE) improved significantly to 16.7%, while Return on Equity (RoE) climbed to 15.8%. Net debt increased to ₹807.1 crore from ₹706.9 crore in Q4 FY26, resulting in a Net Debt/EBITDA ratio of 1.05x, primarily due to an increase in Days Sales Outstanding (DSO).

Segment Performance

Security Solutions India emerged as the primary growth engine, posting revenue of ₹2,004.1 crore, a 37.3% YoY surge, driven by new wins in Education, Healthcare, E-commerce, and BFSI sectors. EBITDA for this segment grew 31.2% YoY to ₹102.5 crore, with margins stable at 5.1%. Internationally, the segment recorded all-time high quarterly revenue of ₹1,981.9 crore, up 31.0% YoY (7.0% on a constant currency basis), fueled by Defence and Aviation contracts. EBITDA expanded 52.4% YoY to ₹69.6 crore, with margins improving to 3.5% from 3.0% in Q1 FY26.

Facility Management Solutions contributed ₹642.0 crore in revenue, an 8.0% YoY increase. The segment achieved its highest-ever quarterly EBITDA of ₹35.2 crore, up 23.7% YoY, with margins expanding to 5.5% from 4.8% in the prior year, aided by contract portfolio optimization and SG&A rationalization.

Operational Updates & Regulatory Compliance

SIS Limited formally launched its Labour Code Implementation Project on April 1, 2026, migrating approximately 15,000 existing contracts to compliant rate structures. The company deployed a new invoicing system ensuring every invoice includes an auto-generated Labour Code compliance docket. Management indicated that these changes are expected to create a level playing field, boost manpower retention, and support margin accretion.

Cash flow from operations stood at ₹87.7 crore, resulting in an OCF/EBITDA ratio of 42.3%, down from 203.3% in Q4 FY26 due to working capital pressures. DSOs improved slightly to 66 days group-wide but remain impacted by ongoing customer discussions regarding rate revisions linked to Labour Codes compliance. S S Kothari Mehta & Co. LLP served as the independent auditor for the limited review of the unaudited financial results.

SIS Ltd, a provider of security, facility management, and cash management solutions, will host an earnings conference call on August 6, 2026, at 2 PM, to discuss its financial results for the quarter ended June 30, 2026. The date has been revised from the previously announced August 5 schedule. The session will provide insights into the company's performance across its operations in India, Singapore, Australia, and New Zealand.

The call will commence with a brief management discussion on the Q1 FY27 results, followed by an interactive question-and-answer session. Key executives, including Group Managing Director Mr. Rituraj Kishore Sinha and Chief Financial Officer Mr. Brajesh Kumar, will lead the proceedings.

Conference Call Details

Participants can join the discussion using the following dial-in numbers:

To avoid waiting for an operator, participants are encouraged to pre-register for the event. Upon registration, attendees will receive dial-in numbers, a passcode, and a PIN via email. The company advises dialing in 5-10 minutes prior to the scheduled start time.

The financial results and related documents will be available on the corporate website following the discussion. Investors can contact Mr. Vineet Toshniwal, President – M&A and IR, or Ms. Shweta Jain, Vice President – M&A and IR, for further information.