SIS Limited Delivers Strongest Quarterly Performance with ₹3,363 Cr Revenue, ₹157 Cr EBITDA

New Delhi, January 29, 2025: announced its Unaudited Financial Results for the quarter ended December 31st, 2024.

Segmental revenues are as follows:

• Security Solutions India: ₹1,420 cr. in Q3FY25 vs ₹1,318 cr. in Q3FY24 and ₹1,384 cr. in Q2FY25
• Security Solutions International: ₹1,383 cr. in Q3FY25 vs ₹1,245 cr. in Q3FY24 and
  ₹1,347 cr. in Q2FY25
• Facility Management Solutions: ₹576 cr. in Q3FY25 vs ₹525 cr. in Q3FY24 and ₹553
  cr. in Q2FY25
• Return Ratios: ROCE of Q3 FY25 was 12.0%.
  Cash Conversion – OCF/EBITDA on a consolidated basis was 163.5% for the quarter.

Business Updates:

• Security Solutions India: The Security Solutions India business continued its growth momentum with 7.7% YoY growth and 2.5% QoQ growth in revenue for the quarter and reached ₹1,420 Cr. Major wins during the quarter came from the Mining, IT, Government, BFSI, and Manufacturing sectors. EBITDA margin for Q3 FY25 is 5.5%, in line with that of Q2 FY25.

• Security Solutions International: The Security Solutions International business recorded a revenue of ₹1,383 Cr. for the quarter which is a 11.1% YoY growth (9.2% in constant currency) and 2.6% QoQ growth (4.5% in constant currency). This growth was primarily driven by new wins in the Airport, Defence, Residential, and Retail sectors. The EBITDA margin for Q3FY25 was 3.8% as compared to 3.3% in Q2FY25.
• Facility Management Solutions: The Facility Management Solutions segment continued its growth momentum with 9.7% revenue growth YoY and 4.1% growth QoQ for the quarter, reaching revenues of ₹576 Cr. for the quarter. Major wins during the quarter came from Health, Manufacturing, Retail, and Real Estate sectors. The EBITDA margin for Q3FY25 increased to 4.6% as compared to 4.3% in Q2FY25, driven by margin improvement initiatives.
• Cash Logistics Solutions: The Cash Logistics segment continues its strong revenue growth with 12.0% growth YoY and 2.9% growth QoQ for the quarter. The Q3 FY25 EBITDA was ₹31.2 cr., an increase of 15.5% YoY, and Q3 FY25 EBITDA margin was 17.1%. New innovative solutions revenue growth is 85.0% in Q3 FY25 YoY.

Commenting on the performance, Mr. Rituraj Kishore Sinha, Group Managing Director said, “SIS achieves its highest ever quarterly revenue and EBITDA in Q3-FY25. EBITDA Margin % continues to improve. Cash conversion remains robust with further improvement in DSO and a significant reduction in Net Debt/EBITDA”