Ankündigung • Jun 06
SIS Limited (NSEI:SIS) acquired 4.20% stake in Updater Services Limited (NSEI:UDS) for approximately INR 510 million. SIS Limited (NSEI:SIS) acquired 4.20% stake in Updater Services Limited (NSEI:UDS) for approximately INR 510 million on June 5, 2026. A cash consideration of INR 513.9 million will be paid by SIS Limited. As part of consideration, INR 513.9 million is paid towards common equity of Updater Services Limited. The acquisition of shares forms part of the Company's ongoing treasury management operations.
SIS Limited (NSEI:SIS) completed the acquisition of 4.20% stake in Updater Services Limited (NSEI:UDS) on June 5, 2026. Reported Earnings • May 06
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: EPS: ₹9.72 (up from ₹0.82 in FY 2025). Revenue: ₹159.8b (up 21% from FY 2025). Net income: ₹1.38b (up ₹1.26b from FY 2025). Profit margin: 0.9% (up from 0.1% in FY 2025). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 52%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Ankündigung • Apr 17
SIS Limited to Report Q4, 2026 Results on Apr 30, 2026 SIS Limited announced that they will report Q4, 2026 results on Apr 30, 2026 New Risk • Feb 01
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 30
Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2026 results: ₹9.81 loss per share (down from ₹7.08 profit in 3Q 2025). Revenue: ₹41.9b (up 25% from 3Q 2025). Net loss: ₹1.38b (down 236% from profit in 3Q 2025). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Ankündigung • Jan 16
SIS Limited to Report Q3, 2026 Results on Jan 29, 2026 SIS Limited announced that they will report Q3, 2026 results on Jan 29, 2026 Buy Or Sell Opportunity • Jan 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.2% to ₹325. The fair value is estimated to be ₹407, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has declined by 55%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 776% in the next 2 years. Buy Or Sell Opportunity • Nov 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.4% to ₹330. The fair value is estimated to be ₹412, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has declined by 55%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 776% in the next 2 years. Reported Earnings • Nov 06
Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2026 results: EPS: ₹5.73 (up from ₹4.77 in 2Q 2025). Revenue: ₹37.7b (up 15% from 2Q 2025). Net income: ₹807.3m (up 17% from 2Q 2025). Profit margin: 2.1% (in line with 2Q 2025). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 23
SIS Limited to Report Q2, 2026 Results on Nov 05, 2025 SIS Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 05, 2025 Price Target Changed • Aug 05
Price target increased by 7.2% to ₹453 Up from ₹423, the current price target is an average from 4 analysts. New target price is 21% above last closing price of ₹374. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₹23.93 for next year compared to ₹0.82 last year. Reported Earnings • Jul 31
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: ₹6.44 (up from ₹4.46 in 1Q 2025). Revenue: ₹35.7b (up 14% from 1Q 2025). Net income: ₹929.5m (up 45% from 1Q 2025). Profit margin: 2.6% (up from 2.1% in 1Q 2025). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates by 1.4%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 17
SIS Limited to Report Q1, 2026 Results on Jul 30, 2025 SIS Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • Jun 16
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹0.82 (down from ₹13.08 in FY 2024). Revenue: ₹131.9b (up 7.6% from FY 2024). Net income: ₹117.9m (down 94% from FY 2024). Profit margin: 0.1% (down from 1.5% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 96%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Ankündigung • Jun 13
SIS Limited, Annual General Meeting, Jul 04, 2025 SIS Limited, Annual General Meeting, Jul 04, 2025, at 12:00 Indian Standard Time. Reported Earnings • May 02
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹0.82 (down from ₹13.08 in FY 2024). Revenue: ₹132.6b (up 8.1% from FY 2024). Net income: ₹117.9m (down 94% from FY 2024). Profit margin: 0.1% (down from 1.5% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 96%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Ankündigung • Apr 22
SIS Limited to Report Q4, 2025 Results on May 01, 2025 SIS Limited announced that they will report Q4, 2025 results on May 01, 2025 Ankündigung • Mar 26
SIS Limited (NSEI:SIS) announces an Equity Buyback for 3,712,871 shares, representing 2.57% for INR 1,500 million. SIS Limited (NSEI:SIS) announces a share repurchase program. Under the program, the company will repurchase up to 3,712,871 shares, representing 2.57% for INR 1,500 million. The shares will be repurchased at a purchase price of INR 404 per share. The repurchases will be funded via cash. The buyback is subject to the approval of the shareholders by means of a special resolution through a postal ballot. The company will subsequently decide the record date for the offer. As of March 21, 2025, the company had 144,367,460 issued and outstanding. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹339, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Commercial Services industry in India. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹290 per share. Reported Earnings • Jan 30
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: ₹7.08 (up from ₹2.53 in 3Q 2024). Revenue: ₹33.6b (up 9.4% from 3Q 2024). Net income: ₹1.02b (up 177% from 3Q 2024). Profit margin: 3.0% (up from 1.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 37%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Ankündigung • Jan 17
SIS Limited to Report Q3, 2025 Results on Jan 28, 2025 SIS Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Buy Or Sell Opportunity • Jan 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to ₹335. The fair value is estimated to be ₹425, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 156% in the next 2 years. Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: ₹4.77 (vs ₹5.17 in 2Q 2024) Second quarter 2025 results: EPS: ₹4.77 (down from ₹5.17 in 2Q 2024). Revenue: ₹32.8b (up 6.6% from 2Q 2024). Net income: ₹688.1m (down 8.6% from 2Q 2024). Profit margin: 2.1% (down from 2.4% in 2Q 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 18
SIS Limited to Report Q2, 2025 Results on Oct 28, 2024 SIS Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Buy Or Sell Opportunity • Sep 02
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at ₹411. The fair value is estimated to be ₹339, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 149% in the next 2 years. Ankündigung • Jul 31
SIS Limited Approves Re-Constitution Committee SIS Limited announced that the Board of Directors of the Company have approved the re-constitution of Board Committees effective July 30, 2024. The composition of the Committees after re-constitution is as follows: Audit Committee: Mr. Upendra Kumar Sinha - Chairman; Mr. Sunil Srivastav - Member and Mr. Rajan Verma - Member, Non-Executive - Independent. Nomination and Remuneration Committee: Mr. Upendra Kumar Sinha - Chairman; Mr. Uday Singh - Member and Mr. Sunil Srivastav - Member, Non-Executive - Independent. Stakeholders' Relationship Committee: Mr. Sunil Srivastav - Chairman; Mr. Deepak Kumar - Member; Mr. Rituraj Kishore Sinha - Member. Risk Management Committee:Mr. Upendra Kumar Sinha - Chairman, Mr. Deepak Kumar - Member, Mr. Rajan Verma - Member, Non-Executive - Independent. Corporate Social Responsibility Committee: Mr. Ravindra Kishore Sinha - Chairman; Mr. Uday Singh - Member; Mr. Arvind Kumar Prasad - Member and Mrs. Vrinda Sarup - Member. Price Target Changed • Jul 28
Price target decreased by 8.3% to ₹507 Down from ₹553, the current price target is an average from 4 analysts. New target price is 21% above last closing price of ₹419. Stock is down 3.3% over the past year. The company is forecast to post earnings per share of ₹21.60 for next year compared to ₹13.08 last year. Reported Earnings • Jul 25
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: ₹4.46 (down from ₹6.14 in 1Q 2024). Revenue: ₹31.4b (up 5.5% from 1Q 2024). Net income: ₹642.2m (down 28% from 1Q 2024). Profit margin: 2.0% (down from 3.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 16
SIS Limited to Report Q1, 2025 Results on Jul 24, 2024 SIS Limited announced that they will report Q1, 2025 results on Jul 24, 2024 Reported Earnings • Jun 18
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹13.08 (down from ₹23.64 in FY 2023). Revenue: ₹122.6b (up 8.1% from FY 2023). Net income: ₹1.90b (down 45% from FY 2023). Profit margin: 1.5% (down from 3.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Jun 18
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹13.08 (down from ₹23.64 in FY 2023). Revenue: ₹122.6b (up 8.1% from FY 2023). Net income: ₹1.90b (down 45% from FY 2023). Profit margin: 1.5% (down from 3.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Jun 18
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹13.08 (down from ₹23.64 in FY 2023). Revenue: ₹122.6b (up 8.1% from FY 2023). Net income: ₹1.90b (down 45% from FY 2023). Profit margin: 1.5% (down from 3.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Ankündigung • May 24
SIS Limited, Annual General Meeting, Jul 06, 2024 SIS Limited, Annual General Meeting, Jul 06, 2024. Reported Earnings • May 02
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹13.08 (down from ₹23.64 in FY 2023). Revenue: ₹123.0b (up 8.4% from FY 2023). Net income: ₹1.90b (down 45% from FY 2023). Profit margin: 1.5% (down from 3.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Ankündigung • Apr 19
SIS Limited to Report Q4, 2024 Results on May 01, 2024 SIS Limited announced that they will report Q4, 2024 results on May 01, 2024 Reported Earnings • Feb 01
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: ₹2.53 (down from ₹7.07 in 3Q 2023). Revenue: ₹30.7b (up 5.8% from 3Q 2023). Net income: ₹369.3m (down 64% from 3Q 2023). Profit margin: 1.2% (down from 3.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Ankündigung • Jan 17
SIS Limited to Report Q3, 2024 Results on Jan 30, 2024 SIS Limited announced that they will report Q3, 2024 results on Jan 30, 2024 Ankündigung • Dec 12
SIS Limited Announces Executive Changes SIS Limited announced that Mr. Bharat Bakhshi, President - M&A and Investor Relations has tendered his resignation due to personal reasons, effective on December 29, 2023. The Board of Directors have taken note of his resignation and appointed Mr. Vineet Toshniwal as President - M&A and Investor Relations on December 12, 2023. Mr. Toshniwal has over 25 years of experience holding leadership roles across corporate finance, technology sector and investment banking. He has worked at global banks and has helped companies set up businesses globally. In India, he has held a leadership role in boutique investment banking, led M&A, Private Equity Fundraising, buy-out deals and has closely seen the business of security, cash and facility management. He has previously worked with Citi Bank, Bank of America, Infosys as a Greater China business head based in HongKong and Sanghai, and Equirus Capital. He has also worked for Bharat BizzO, a tech start-up empowering million of small and medium sized business owners across the travel- tourism-hospitality value chain to go digital. Ankündigung • Dec 01
SIS Limited (NSEI:SIS) announces an Equity Buyback for 1,636,363 shares, representing 1.12% for INR 900 million. SIS Limited (BSE:540673) announces a share repurchase program. Under the program, the company will repurchase up to 1,636,363 shares, representing 1.12% for INR 900 million. The shares will be repurchased at a purchase price of INR 550 per share. The company has fixed December 12, 2023, as the record date for the offer. As of November 24, 2023, the company had 145,736,753 shares in issue. Reported Earnings • Oct 31
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: ₹5.17 (up from ₹4.58 in 2Q 2023). Revenue: ₹30.9b (up 12% from 2Q 2023). Net income: ₹752.8m (up 12% from 2Q 2023). Profit margin: 2.4% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 8.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 17
SIS Limited to Report First Half, 2024 Results on Oct 30, 2023 SIS Limited announced that they will report first half, 2024 results on Oct 30, 2023 Reported Earnings • Jul 27
First quarter 2024 earnings released: EPS: ₹6.14 (vs ₹5.61 in 1Q 2023) First quarter 2024 results: EPS: ₹6.14 (up from ₹5.61 in 1Q 2023). Revenue: ₹29.9b (up 12% from 1Q 2023). Net income: ₹895.1m (up 8.4% from 1Q 2023). Profit margin: 3.0% (down from 3.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year. Ankündigung • Jul 15
SIS Limited to Report Q1, 2024 Results on Jul 26, 2023 SIS Limited announced that they will report Q1, 2024 results on Jul 26, 2023 Ankündigung • Jun 22
Sis Limited Appoints Ms. Vrinda Sarup as an Additional Director in the Category of Independent Director SIS Limited informed that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors has, vide circular resolution approved on June 20, 2023, appointed Ms. Vrinda Sarup (DIN: 03117769) as an Additional Director in the category of Independent Director of the Company for a term of two years with effect from June 20, 2023, subject to the approval of the shareholders. Ms. Vrinda Sarup fulfils the criteria of independence as required under the provisions of the Companies Act, 2013 and SEBI Regulations. Company also confirm that Ms. Vrinda Sarup is not disqualified from holding the office of director by of any order from SEBI or any other authority. Ms. Vrinda Sarup is a retired IAS officer with over 35 years of administrative experience. Throughout her illustrious career, she held various esteemed positions in the Government of India and the Government of Uttar Pradesh. She served as the Secretary -Food and Public Distribution in the Government of India and also as the Union Secretary - School Education and Literacy. In the Government of Uttar Pradesh, she held eminent positions such as Principal Secretary Finance, Principal Secretary Technical & Vocational Education, State Project Director Education for All Projects and served as Collector and District Magistrate at the district level. her tenure in the Government of India, Ms. Sarup played asignificant role in major pan-India school education programmes such as the District Primary Education Programme and the Sarva Shiksha Abhiyan. She collaborated closely with Internationalorganisations including the World Bank, DFID of UK, UNICEF, European Union and the World Food Programme. Ms. Sarup holds a Master's Degree in History from Delhi University and joined the Indian Administrative Service in 1987. After retirement, she continues to contribute to the sectors of Education and Food in an advisory capacity. She currently holds the position of Managing Trustee of the World Food Programme Trust for India. Ms. Sarup is also member of the Management /Executive Committees of DPS society and serves as an Independent Director on the board of International Travel House Limited. Additionally, she is actively involved with several NGOs in the education and social development sectors. Reported Earnings • Jun 09
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: ₹23.64 (up from ₹22.09 in FY 2022). Revenue: ₹113.5b (up 13% from FY 2022). Net income: ₹3.46b (up 6.6% from FY 2022). Profit margin: 3.1% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 05
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: ₹23.64 (up from ₹22.09 in FY 2022). Revenue: ₹113.5b (up 13% from FY 2022). Net income: ₹3.47b (up 6.6% from FY 2022). Profit margin: 3.1% (down from 3.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • May 04
SIS Limited, Annual General Meeting, Jun 30, 2023 SIS Limited, Annual General Meeting, Jun 30, 2023. Reported Earnings • Feb 05
Third quarter 2023 earnings: EPS exceeds analyst expectations Third quarter 2023 results: EPS: ₹7.07 (up from ₹6.84 in 3Q 2022). Revenue: ₹29.0b (up 12% from 3Q 2022). Net income: ₹1.03b (up 2.7% from 3Q 2022). Profit margin: 3.6% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 49%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Jan 31
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Additional Independent Director UK Sinha was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 29
SIS Limited Renu Mattoo Ceased to Be A Director of the Company with Effect from End of Day on January 28, 2023 SIS Limited announced Mrs. Renu Mattoo has completed her second consecutive term as an Independent Director on January 28, 2023, and consequently ceased to be a Director of the Company with effect from end of day on January 28, 2023. Ankündigung • Jan 19
SIS Limited to Report Q3, 2023 Results on Feb 02, 2023 SIS Limited announced that they will report Q3, 2023 results on Feb 02, 2023 Reported Earnings • Nov 04
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: ₹4.58 (down from ₹4.65 in 2Q 2022). Revenue: ₹27.8b (up 14% from 2Q 2022). Net income: ₹674.3m (down 1.4% from 2Q 2022). Profit margin: 2.4% (down from 2.8% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Commercial Services industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Ankündigung • Oct 20
SIS Limited to Report Q2, 2023 Results on Nov 02, 2022 SIS Limited announced that they will report Q2, 2023 results on Nov 02, 2022 Ankündigung • Sep 25
SIS Limited Announces Retirement of Directors SIS Limited announced that Mr. Amrendra Prasad Verma (DIN: 00236108), Mr. Devdas Apte (DIN: 03350583) and Mr. Rajan Krishnanath Medhekar (DIN: 07940253), ceased to be Independent Directors of the Company upon completion of their second term at the close of business hours on September 24, 2022. Ankündigung • Aug 06
SIS Limited, Annual General Meeting, Aug 30, 2022 SIS Limited, Annual General Meeting, Aug 30, 2022, at 12:00 Indian Standard Time. Location: Hotel Maurya, Fraser Road Patna- 800001 Patna India Agenda: To receive, consider and adopt the audited financial statements of the Company (including the audited consolidated financial statements) for the financial year ended March 31, 2022, together with the reports of the Board of Directors and the Auditors thereon; to consider board changes; to consider Appointment of SS Kothari Mehta & Co, Chartered Accountants as statutory auditors of the Company and to fix their remuneration; and to consider other matters. Reported Earnings • Jul 27
First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2023 results: EPS: ₹5.61 (up from ₹4.00 in 1Q 2022). Revenue: ₹26.8b (up 13% from 1Q 2022). Net income: ₹825.4m (up 39% from 1Q 2022). Profit margin: 3.1% (up from 2.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 64%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 16
SIS Limited to Report Q1, 2023 Results on Jul 26, 2022 SIS Limited announced that they will report Q1, 2023 results on Jul 26, 2022 Ankündigung • Jun 30
SIS Limited (BSE:540673) announces an Equity Buyback for 1,454,545 shares, representing 0.99% for INR 800 million. SIS Limited (BSE:540673) announces a share repurchase program. Under the program, the company will repurchase up to 1,454,545 shares, representing 0.99% for INR 800 million. The shares will be repurchased at a purchase price of INR 550 per share. The offer is subject to the approval of the shareholders by way of a special resolution through postal ballot. As of June 24, 2022, the company had 147,039,330 shares in issue. Ankündigung • Jun 29
SIS Limited Announces Appointment of U.K. Sinha as an Additional Director, Effect from June 29, 2022 SIS Limited announced appointment of Mr. U.K. Sinha as an additional director (independent) on the board of the company with effect from June 29, 2022, based on the recommendation of the nomination and remuneration committee to hold office upto the upcoming annual general meeting of the company. The company hereby affirm that Mr. U. K. Sinha is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. Mr. U.K.Sinha served as the chairman of securities and exchange board of India (SEBI) for a period over six years between 2011 and 2017. During his stewardship, SEBI was credited with having brought in significant regulatory amendments in areas such as takeover code, foreign portfolio investors, alternate investment funds, REITIs, InVITs., Corporate Governance etc. Prior to this, Mr. U.K.Sinha was the chairman and managing director at UTI Asset Management Company Pvt Ltd. from 2005 until February 2011. Preceding this, he was the joint secretary in department ofeconomic affairs at ministry of finance looking after banking division and capital markets divisions. Sinha currently serves on the board of Vedanta Limited, Havells India Limited, Housing Development Finance Corporation Limited, Aavishkaar Venture Management Services Private Limited, and Cube Highways Fund Advisors Private Limited. Besides the above, Mr. U.K.Sinha was responsible for drafting the SEBI (Amendment) Act, 2002, UTI (Repeal) Act, 2002, Securities Law Amendment Bills 2004 and 2014 and the PFRDA Bill 2005 and has held various important portfolios as enumerated below: director of UTI Ventures, IFCI Ltd, Central Bank of India, SIDBI, Bank of Baroda and Pension Funds Regulatory & Development Authority. Chairman of Association of Mutual Funds in India. Chairman Asia Pacific Regional Committee of the International Organisation of Securities Commissions IOSCO Chaired the following important committees. Ankündigung • Jun 03
SIS Limited (BSE:540673) completed the acquisition of remaining 49.99% stakes in TerminixSIS India Pvt Ltd from SVM Services (Singapore) Pte Limited. SIS Limited (BSE:540673) signed definitive agreement to acquire remaining 49.99% stakes in TerminixSIS India Pvt Ltd from SVM Services (Singapore) Pte Limited for INR 7.75 million on May 24, 2022. For the financial year ended March 31, 2022, TerminixSIS reported revenue of INR 311.3 million. The transaction is expected to close on or before June 30, 2022.
SIS Limited (BSE:540673) completed the acquisition of remaining 49.99% stakes in TerminixSIS India Pvt Ltd from SVM Services (Singapore) Pte Limited on June 2, 2022. Reported Earnings • May 06
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: ₹22.09 (down from ₹24.85 in FY 2021). Revenue: ₹101.1b (up 11% from FY 2021). Net income: ₹3.26b (down 11% from FY 2021). Profit margin: 3.2% (down from 4.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 23
SIS Limited to Report Q4, 2022 Results on May 04, 2022 SIS Limited announced that they will report Q4, 2022 results on May 04, 2022 Reported Earnings • Feb 05
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: ₹6.84 (up from ₹6.70 in 3Q 2021). Revenue: ₹26.3b (up 12% from 3Q 2021). Net income: ₹1.01b (up 1.7% from 3Q 2021). Profit margin: 3.8% (down from 4.2% in 3Q 2021). Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 12%, compared to a 18% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 18% share price gain to ₹518, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Commercial Services industry in Asia. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹535 per share. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS ₹4.65 (vs ₹7.33 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹24.4b (up 13% from 2Q 2021). Net income: ₹683.9m (down 37% from 2Q 2021). Profit margin: 2.8% (down from 5.0% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Executive Departure • Oct 10
Additional Independent Director Ajay Relan has left the company On the 1st of October, Ajay Relan's tenure as Additional Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Ajay's name. Ajay is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.50 years. Director Overboarding • Aug 04
Director Ajay Relan has joined 7th company board Additional Independent Director Ajay Relan has been appointed to the board of SIS Limited (BSE:540673). Relan now sits on a total of 7 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Ajay Relan has joined 7th company board Additional Independent Director Ajay Relan has been appointed to the board of SIS Limited (BSE:540673). Relan now sits on a total of 7 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Ajay Relan has joined 7th company board Additional Independent Director Ajay Relan has been appointed to the board of SIS Limited (BSE:540673). Relan now sits on a total of 7 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Ajay Relan has joined 7th company board Additional Independent Director Ajay Relan has been appointed to the board of SIS Limited (BSE:540673). Relan now sits on a total of 7 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Ajay Relan has joined 7th company board Additional Independent Director Ajay Relan has been appointed to the board of SIS Limited (BSE:540673). Relan now sits on a total of 7 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 03
Director Ajay Relan has joined 7th company board Additional Independent Director Ajay Relan has been appointed to the board of SIS Limited (BSE:540673). Relan now sits on a total of 7 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 03
Director Ajay Relan has joined 7th company board Additional Independent Director Ajay Relan has been appointed to the board of SIS Limited (BSE:540673). Relan now sits on a total of 7 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 03
Director Ajay Relan has joined 7th company board Additional Independent Director Ajay Relan has been appointed to the board of SIS Limited (BSE:540673). Relan now sits on a total of 7 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Price Target Changed • Jul 31
Price target increased to ₹586 Up from ₹544, the current price target is an average from 7 analysts. New target price is 22% above last closing price of ₹481. Stock is up 33% over the past year. Reported Earnings • Jul 29
First quarter 2022 earnings released: EPS ₹4.00 (vs ₹3.89 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹23.9b (up 10% from 1Q 2021). Net income: ₹595.0m (up 2.8% from 1Q 2021). Profit margin: 2.5% (down from 2.7% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 18% share price gain to ₹508, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Commercial Services industry in Asia. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹431 per share. Recent Insider Transactions • Jul 07
Insider recently sold ₹4.4m worth of stock On the 30th of June, Ratna Sinha sold around 10k shares on-market at roughly ₹427 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹454m more than they bought in the last 12 months. Reported Earnings • Jun 06
Full year 2021 earnings released: EPS ₹24.85 (vs ₹15.38 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹91.3b (up 7.6% from FY 2020). Net income: ₹3.65b (up 62% from FY 2020). Profit margin: 4.0% (up from 2.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 27
President of Security Solutions recently sold ₹2.0m worth of stock On the 19th of May, Vinaya Srivastawa sold around 5k shares on-market at roughly ₹399 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹11m. Insiders have been net sellers, collectively disposing of ₹444m more than they bought in the last 12 months. Recent Insider Transactions • May 23
Insider recently sold ₹1.2m worth of stock On the 17th of May, Jitendra Akash sold around 3k shares on-market at roughly ₹403 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹11m. Insiders have been net sellers, collectively disposing of ₹442m more than they bought in the last 12 months. Recent Insider Transactions • May 13
President of Security Solutions recently sold ₹1.5m worth of stock On the 5th of May, Vinaya Srivastawa sold around 4k shares on-market at roughly ₹371 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹11m. Insiders have been net sellers, collectively disposing of ₹441m more than they bought in the last 12 months. Reported Earnings • May 02
Full year 2021 earnings released: EPS ₹24.85 (vs ₹15.38 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹91.3b (up 7.6% from FY 2020). Net income: ₹3.67b (up 63% from FY 2020). Profit margin: 4.0% (up from 2.7% in FY 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 27
President of Security Solutions recently sold ₹864k worth of stock On the 19th of February, Vinaya Srivastawa sold around 2k shares on-market at roughly ₹432 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹33m. Insiders have been net sellers, collectively disposing of ₹428m more than they bought in the last 12 months. Recent Insider Transactions • Feb 17
Insider recently sold ₹2.1m worth of stock On the 9th of February, Prakash Binjola sold around 5k shares on-market at roughly ₹423 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹33m. Insiders have been net sellers, collectively disposing of ₹429m more than they bought in the last 12 months. Major Estimate Revision • Feb 10
Analysts increase EPS estimates to ₹22.96 The 2021 consensus revenue estimate increased from ₹89.3b to ₹90.6b. The earnings per share estimate also received an upgrade from ₹18.77 to ₹22.96 for the same period. Net income is expected to grow by 26% next year compared to 22% growth forecast for the Commercial Services industry in India. The consensus price target increased from ₹513 to ₹551. Share price is up 1.2% to ₹410 over the past week. Reported Earnings • Feb 05
Third quarter 2021 earnings released: EPS ₹6.70 (vs ₹5.34 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹23.6b (up 8.2% from 3Q 2020). Net income: ₹990.2m (up 27% from 3Q 2020). Profit margin: 4.2% (up from 3.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Feb 05
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 8.8%, compared to a 24% growth forecast for the Commercial Services industry in India. Ankündigung • Jan 17
Security and Intelligence Services (India) Limited to Report Q3, 2021 Results on Feb 03, 2021 Security and Intelligence Services (India) Limited announced that they will report Q3, 2021 results on Feb 03, 2021 Recent Insider Transactions • Dec 20
Group Chief Financial Officer recently sold ₹33m worth of stock On the 17th of December, Devesh Desai sold around 71k shares on-market at roughly ₹463 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹33m. This was Devesh's only on-market trade for the last 12 months. Is New 90 Day High Low • Dec 16
New 90-day high: ₹471 The company is up 28% from its price of ₹369 on 17 September 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹260 per share. Price Target Changed • Dec 14
Price target raised to ₹513 Up from ₹469, the current price target is an average from 7 analysts. The new target price is 13% above the current share price of ₹453. As of last close, the stock is down 0.2% over the past year. Recent Insider Transactions • Dec 07
Non Executive Director recently sold ₹8.5m worth of stock On the 2nd of December, Uday Singh sold around 18k shares on-market at roughly ₹465 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹335m more than they bought in the last 12 months. Recent Insider Transactions • Dec 02
Insider recently sold ₹989k worth of stock On the 25th of November, Michael McKinnon sold around 3k shares on-market at roughly ₹396 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹327m more than they bought in the last 12 months. 
