News

SIS Ltd’s board approves share buyback. Details inside

SIS Ltd on Wednesday announced that its board at its meeting held on June 29, 2022 has considered and approved share buyback not exceeding ₹80 crore at a price of ₹550 per equity share (Buyback Offer Price), Read Full Article on: Live Mint


Board of SIS approves buyback for Rs 550 per share

At meeting held on 29 June 2022 The Board of SIS at its meeting held on 29 June 2022 has approved buyback of up to 14,54,545 fully paid up equity shares of the company for an aggregate amount of up to Rs 80 crore at a price of Rs 550 per...


SIS board approves Rs 80-cr share buyback proposal

The board of security services provider on Wednesday approved the buyback of 14,54,545 equtiy shares at Rs 550 per share, for an aggregate amount not exceeding Rs 80 crore. The buyback offer price of Rs 550 per equity share represents a premium of 20.15% to Tuesday's closing price of Rs 457.75...


SIS: India security and facility management to spur growth

SIS is a market leader in all the three segments it operates— security, facility management, and cash logistics services. Revenues from facility management recovered for the second consecutive quarter, and, with that, margins are likely to recover, going forward. March quarter results Consolidated revenues grew by 2 percent quarter...


Security Check

In five years, Security and Intelligent Services, India’s largest private security company, has doubled its revenue. Its diversified domestic play and inorganic route to expand overseas seem to be working. But can it keep up the tempo? Read Full Article on: In Focus


SIS sees orders returning after Omicron-led delay

Security services provider expects Covid-related tapering of international business Security services provider SIS Ltd says orders are back in the April to June quarter, after a lull in the previous three-month period due to the emergence of the Omicron variant of the SARS-Cov-2 virus. Read Full Article on: Hindu Business Line


McDonald’s, down under and Bharat army: How SIS doubled its revenue to Rs 10,000 crore in five years

London, 2005. It was an audacious move. In fact, many labelled it as ‘outrageously reckless’, recalls Rituraj Kishore Sinha. Just three years into his stint at Security and Intelligence Services (SIS), the second-generation entrepreneur prepared a blueprint to diversify the private security business started by his father RK Sinha in...


SIS Ltd’s growth momentum coming back, will get back to pre-Covid EBITDA: Rituraj Sinha

India’s largest private security company Security and Intelligence Services (SIS) is hopeful of getting back to pre-Covid level EBITDA soon. Rituraj Sinha, MD, SIS Ltd NSE -0.48 %, says Q4 FY22 was one of the strongest quarters of growth for the group with highest ever quarterly revenues of Rs 2,648...


Buy SIS, target price Rs 615: Yes Securities

For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 2652.91 Crore, up .92 % from last quarter Total Income of Rs 2628.67 Crore and down -5.08 % from last year same quarter Total Income of Rs 2795.01 Crore. Company reported net profit after tax of...


SIS Crosses Rs 10,000 Cr Annual Revenue In Q4

SIS crosses the Rs 10,000 crore annual revenue mark for the first time. FY22 Operating PAT at Rs 288.6 crore, 49.1 per cent up YoY. The company gains the highest ever quarterly revenue of Rs. 2,648 crore. Consolidated Revenue for FY22 at Rs 10,059 crore, 10.2 per cent YoY growth. While...