For FY25, SIS reported consolidated revenue of Rs. 13,189 crore, a year-on-year growth of 7.6 per cent, while EBITDA rose by 3.3 per cent to Rs. 604 crore
SIS Ltd, a leading provider of security, facility management, and allied services, announced its unaudited financial results for the quarter and year ending March 31, 2025. The company posted a robust performance in the fourth quarter, marked by its highest-ever quarterly revenue and EBITDA.
For FY25, SIS reported consolidated revenue of Rs. 13,189 crore, a year-on-year growth of 7.6 per cent, while EBITDA rose by 3.3 per cent to Rs. 604 crore. The fourth quarter alone saw revenue from operations reach Rs. 3,427.9 crore, reflecting a 9.3 per cent increase from the same period last year, and a 1.9 per cent rise sequentially. EBITDA for the quarter stood at Rs. 164.8 crore, up by 10.1 per cent year-on-year, and 5.1 per cent quarter-on-quarter, with EBITDA margin holding steady at 4.8 per cent.
Operating profit after taxes (excluding impairment effect) grew significantly by 52.9 per cent year-on-year to Rs. 82.5 crore in Q4 FY25, although it showed a 19.2 per cent decline compared to the previous quarter. The operating PAT margin improved to 2.4 per cent from 1.7 per cent in Q4 FY24.
Segment-wise, the Security Solutions India business generated Rs. 1,435 crore in revenue, registering a 9.6 per cent growth year-on-year and a 1.1 per cent increase from the previous quarter. This performance was supported by key client additions in the mining, education, BFSI, automobile, and retail sectors. The EBITDA margin for the segment rose slightly to 5.6 per cent from 5.5 per cent a year ago. Notably, VProtect, the company’s alarm monitoring and response unit, is now serving over 25,000 connections.
The international security segment also performed well, with Q4 FY25 revenue reaching Rs. 1,424 crore, up by 7.7 per cent year-on-year (8.4 per cent in constant currency) and 2.9 per cent quarter-on-quarter (4.5 per cent in constant currency). Growth in this segment was driven by new contracts in Australia’s defence sector as well as airport and railway infrastructure. EBITDA margins improved from 3.4 per cent to 4.0 per cent during the quarter, reflecting the success of ongoing margin improvement efforts.
The Facility Management Solutions division continued its strong trajectory, reporting a revenue of Rs. 587 crore in Q4 FY25, which marks a 12.9 per cent increase year-on-year and a 1.9 per cent rise from the previous quarter. New client wins came from IT, healthcare, manufacturing, retail, and real estate sectors. The segment’s EBITDA margin rose to 4.7 per cent from 3.9 per cent a year ago, supported by better contract management and margin-focused strategies.
Key operational metrics showed further improvement. Return on capital employed (ROCE) stood at 14.3 per cent for the quarter. The net debt to EBITDA ratio declined to 0.71 as of March 2025, highlighting the company’s ongoing focus on strengthening its balance sheet. Cash conversion also remained healthy, with operating cash flow at 174.8 per cent of EBITDA on a consolidated basis.
Commenting on the quarterly performance, Rituraj Kishore Sinha, Group Managing Director of SIS Ltd, said, “SIS achieves its highest ever quarterly revenue and EBITDA in Q4-FY25. EBITDA Margin per cent continues to improve. Cash conversion remains robust with further improvement in DSO and a significant reduction in Net Debt/EBITDA.”
SIS Ltd’s consistent growth across domestic and international markets, along with disciplined execution and cost management, has helped the company maintain financial stability and deliver improved shareholder value. As the company enters the new financial year, it remains focused on driving operational efficiencies and capturing new market opportunities across its core service areas.
