As of 6 Nov 2026, SIS trades at 37.3× trailing earnings, above the industry P/E of 29.1×, and the shares are 21% below their 52-week high. Sales grew 12% a year over 3 years while net profit fell 26%, with ROCE of 6.6% and ROE of 5.6%. Debt is 0.70× equity, and its dividend yield is 3.6%. It is a small-cap company with a market cap of ₹5,218 Cr, the largest of 6 Security & Protection Services companies by market cap; the shares rose 18% over the past year.
- ₹395.00
- ₹395.40
- ₹379.50
- ₹389.50
- 93.2K
Health check
- ReturnsAhead
+17.7% over a year, better than 5 of 5 peers.
- Price tagPricier
P/E 37.3 vs industry 29.1.
- GrowthSlow
Sales +12.0%, profit −26.4% a year over 3 years.
- ProfitabilityWeak
ROCE 6.6% vs peer median 14.7%.
- Balance sheetFair
Debt 0.70× equity, interest covered 1.7×, Piotroski 5 of 9.
- Red flags2 to check
Return on equity is low at 5.6%.
Small cap
Defensive
Key metrics
- Market cap
- ₹5,218 Cr
- Small cap
- P/E
- 37.3
- Industry 29.1
- Price to book
- 2.12
- Peers 0.46
- Dividend yield
- 3.62%
- ROE
- 5.6%
- Peers 9.7%
- ROCE
- 6.6%
- Peers 14.7%
- Debt to equity
- 0.70
- Debt ₹1,789 Cr
- EPS (TTM)
- ₹10.23
- Face value ₹5
- OPM (TTM)
- 4.5%
- Net margin 0.9%
- Sales growth
- +29.7%
- Latest quarter vs a year ago
- Profit growth
- +9.4%
- Latest quarter vs a year ago
- Price to sales
- 0.31
- EV/EBITDA 8.9
Strengths and risks
Strengths
- Dividend yield of 3.62%.
- Quarterly sales up 29.7% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 5.6%.
- Interest coverage of only 2.9×.
About SIS
SIS Limited, together with its subsidiaries, provides security and related services in India, Australia, Singapore, and New Zealand. It operates through three segments: Security Services (India), Security Services (International), and Facility Management. The company offers manned guarding, training, physical security, and paramedic and emergency response services; loss prevention, asset protection, e-surveillance, and mobile patrols; and facility…
- Headquarters
- New Delhi
- Employees
- 3,52,939
- Sector
- Industrials
- ISIN
- INE285J01028
- Website
- sisindia.com
Price range
- Avg volume (3M)
- 2.3 L
- 1-year return
- plus 17.7%
- From 52-week high
- minus 20.6%
Peers · Security & Protection Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SISSIS | 381.75 | minus 1.99% | 5,218 | 37.3 | 8.4 | 6.6% | 4.5% | 0.70 | 12.0% | plus 17.7% |
| MALLCOMMallcom (India) | 899.35 | minus 1.81% | 561 | 21.0 | 14.0 | 14.7% | 9.2% | 0.38 | 9.5% | minus 36.3% |
| NISMGMTNIS Management | 48.30 | plus 1.41% | 96 | 80.5 | 5.5 | 1.2% | 7.2% | 0.42 | 8.4% | minus 50.3% |
| REGANTOReganto Enterprises | 3.29 | minus 3.80% | 48 | 10.6 | 3.4 | 15.6% | −47.3% | 0.00 | 128.8% | minus 80.8% |
| SAFECURESafecure Services | 23.55 | minus 4.46% | 24 | 3.2 | 2.5 | 16.0% | 11.5% | 0.21 | – | minus 66.4% |
| VCUVCU Data Management | 6.34 | minus 1.25% | 10 | 158.5 | – | 0.3% | 42.0% | – | – | plus 11.7% |
| Median of 5 peers | – | −1.81% | 48 | 21.0 | 4.5 | 14.7% | 9.2% | 0.29 | 9.5% | −50.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 3,548 | 3,759 | 4,185 | 4,489 | 4,604 | |
| 3,396 | 3,590 | 3,996 | 4,282 | 4,396 | |
| 152 | 168 | 189 | 207 | 207 | |
| 4.3% | 4.5% | 4.5% | 4.6% | 4.5% | |
| 26 | 19.6 | 14.3 | 20.5 | 19.9 | |
| 40.9 | 36.8 | 48.4 | 48.6 | 58.1 | |
| 41.6 | 47.6 | 55.9 | 70.4 | 62.5 | |
| – | – | −290 | – | – | |
| 95.6 | 104 | −191 | 109 | 106 | |
| 2.8% | 22.0% | 27.5% | 5.6% | 4.4% | |
| 93 | 80.7 | −138 | 103 | 102 | |
| 6.41 | 5.68 | -9.81 | 7.21 | 7.15 |
Profit & loss
- Sales CAGR 3Y
- +12.0%
- Profit CAGR 3Y
- −26.4%
- EPS CAGR 3Y
- −25.6%
- ROE
- 5.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11,224 | 12,160 | 13,086 | 15,787 | |
| – | +8.3% | +7.6% | +20.6% | |
| 10,732 | 11,575 | 12,696 | 15,282 | |
| 492 | 584 | 390 | 505 | |
| 4.4% | 4.8% | 3.0% | 3.2% | |
| 36.3 | −3.4 | −8.3 | 282 | |
| 112 | 146 | 159 | 172 | |
| 135 | 166 | 164 | 215 | |
| 3.9 | 3.6 | 8.3 | −282 | |
| 285 | 272 | 67.3 | 117 | |
| −21.6% | 30.1% | 82.5% | −17.9% | |
| 346 | 190 | 11.8 | 138 | |
| – | minus 45.1% | minus 93.8% | +1068.9% | |
| 23.43 | 12.97 | 0.81 | 9.65 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 72.9 | 72.1 | 72.2 | 70.6 | |
| 2,260 | 2,341 | 2,336 | 2,475 | |
| 1,647 | 1,658 | 1,645 | 1,789 | |
| 1,732 | 1,902 | 2,058 | 3,297 | |
| 5,713 | 5,973 | 6,112 | 7,632 | |
| 332 | 380 | 400 | 740 | |
| 21.2 | 6.5 | 25.1 | 6.5 | |
| 62.4 | 47.6 | 73.5 | 71.3 | |
| 725 | 700 | 1,055 | 975 | |
| 4,572 | 4,839 | 4,559 | 5,839 | |
| 5,713 | 5,973 | 6,112 | 7,632 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 171 | 394 | 742 | 770 | |
| −148 | −104 | −474 | −23.3 | |
| −229 | −340 | −14.5 | −620 | |
| −206 | −50.2 | 254 | 127 | |
| −129 | −164 | −153 | −189 | |
| 41.6 | 231 | 589 | 581 | |
| – | – | – | −98.9 |
Shareholding pattern
- Promoters71.84%
- Public28.16%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 71.84% | 28.16% | minus 0.02 | |
| 30 Jun 2026 | 71.86% | 28.14% | minus 0.02 | |
| 31 Mar 2026 | 71.88% | 28.12% | minus 0.14 | |
| 31 Dec 2025 | 72.02% | 27.98% | minus 0.07 | |
| 30 Sep 2025 | 72.09% | 27.91% | – |
Major shareholders
Filings & events
News
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