SIS Limited , a leading provider of security, facility management, and cash management solutions, has announced a significant move to strengthen its position in the Indian security services market. The company's Board of Directors has approved the acquisition of 100% shareholding in A P Securitas Private Limited through a strategic two-tranche deal.

Acquisition Details

The first tranche of the acquisition involves SIS Limited purchasing a 51% stake in A P Securitas for an interim consideration of INR 73.40 crores. This initial transaction is subject to net debt and working capital adjustments and is expected to be completed by November 1, 2025. The remaining shares will be acquired by 2029, culminating in full ownership of A P Securitas by SIS Limited.

About A P Securitas

A P Securitas, incorporated in 1986, is a well-established player in the security and facility management services sector. The company operates through its subsidiaries, Proton Facility Solutions (PFS) and Scientific Security Management Services (SSMS), offering a comprehensive range of services including:

• Guarding services
• Event security management
• Housekeeping and facilities management
• Security surveillance services

With a robust presence across various sectors such as banking, logistics, third-party outsourcing, and education, A P Securitas serves over 1,000 clients and employs more than 37,500 people.

Financial Performance

A P Securitas has demonstrated strong financial growth over the past few years:

The unaudited revenue for FY25 stands at INR 1,119.00 crores, showcasing the company's significant market presence and growth trajectory.

Strategic Rationale

SIS Limited's decision to acquire A P Securitas aligns with its strategy to increase its market share in India's security services industry. This acquisition is expected to enhance SIS Limited's service offerings and expand its client base across various sectors.

Investor Conference Call

To provide more details on this strategic transaction, SIS Limited has scheduled an investor conference call on September 8, 2025, at 2:00 p.m. IST. The call will feature key executives including Mr. Rituraj Kishore Sinha (Group Managing Director), Mr. Brajesh Kumar (Chief Financial Officer - SIS India), and Mr. Vineet Toshniwal (President - M&A and IR).

This acquisition marks a significant step for SIS Limited in consolidating its position in the Indian security services market. As the company moves forward with this strategic expansion, industry observers will be keenly watching the integration process and the potential synergies that may arise from this transaction.

SIS Limited , a leading security and facility management services provider, has reported its highest ever quarterly revenue of ₹3,549.00 crore in Q1 FY26, marking a 13.40% year-on-year growth. The company has crossed the ₹1,200.00 crore monthly revenue run rate for the first time, demonstrating strong performance across all three business segments.

Segment-wise Performance

India Security Services

• Reported highest ever revenue of ₹1,460.00 crore, up 9.20% year-on-year
• EBITDA margin maintained at 5.40%

Facility Management

• Achieved record revenue of ₹594.00 crore, growing 12.10% year-on-year
• EBITDA margin improved by 60 basis points to 4.80%
• Highest ever quarterly EBITDA of ₹28.00 crore, up 28.00% year-on-year

International Business

• Reached ₹1,513.00 crore in revenue, an 18.50% year-on-year increase
• Became a 1 billion AUD standalone operation
• EBITDA margin at 3.00%, down from 3.40% in Q1 FY25 due to restructuring costs

Financial Highlights

Strategic Developments

• Received regulatory approvals for Cash JV IPO
• Invested ₹6.00 crore in fintech platform Adhikosh, focusing on joint liability group loans for blue-collar workers

Management Commentary

Rituraj Sinha, Group Managing Director of SIS Limited, commented on the results during the earnings call: "We've had a solid start to financial year '26, and we are for the first time, we have crossed ₹1,200 crore monthly revenue run rate, psychologically very important mark."

Regarding margin improvement, Sinha added, "Our focus on margin improvement is showing gradual results in terms of rationalizing SG&A costs and better customer portfolio management."

Outlook

The management indicated expectations of margin improvement toward their aspiration of 6.00% EBITDA margin. However, International margins faced temporary pressure due to SXP business restructuring costs, which are expected to continue for the next two quarters.

SIS Limited remains optimistic about its growth trajectory, with all three business segments showing promising momentum. The company's strong cash generation and reduced debt position provide a solid foundation for both organic and inorganic growth initiatives as part of its Vision 2030 plan.

The upcoming Cash JV IPO is expected to unlock value for shareholders, making SIS the first business services entity to have multiple listed platforms under common ownership.

As SIS Limited continues to navigate the evolving business landscape, its focus on technology adoption, market share expansion, and operational efficiency is likely to drive future growth and profitability.