SIS (NSE:SIS) Full Year 2024 Results
Key Financial Results
- 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.
- EPS: ₹13.08 (down from ₹23.64 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SIS Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 37%.
The primary driver behind last 12 months revenue was the Security Services - India segment contributing a total revenue of ₹51.6b (42% of total revenue). Notably, cost of sales worth ₹102.2b amounted to 83% of total revenue thereby underscoring the impact on earnings.Explore how SIS's revenue and expenses shape its earnings.
Looking ahead, 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.
Performance of the Indian Commercial Services industry.
The company's shares are up 2.8% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for SIS that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NSEI:SIS
SIS
Provides security and related services in India, Australia, Singapore, and New Zealand.
Flawless balance sheet and fair value.
