SIS Limited (SIS) AI Stock Analysis

• Market Cap: ₹45.88B
• Dividend Yield: N/A
• Average Volume (3M): 26.57K
• Price to Earnings (P/E): 89.2
• Beta (1Y): 0.53
• Revenue Growth: 11.80%
• EPS Growth: -65.64%
• Country: IN
• Employees: 288,548
• Sector: Services
• Sector Strength: N/A
• Industry: Security & Protection Services
• EPS (TTM): 5.70
• Shares Outstanding: 141,182,590
• 10 Day Avg. Volume: 3,071
• 30 Day Avg. Volume: 26,566
• PEG Ratio: -4.39
• Price to Book (P/B): 2.02
• Price to Sales (P/S): 0.37
• P/FCF Ratio: 8.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹377.00 ▲(11.44% Upside)

The overall stock score of 61 reflects solid financial performance with strong revenue growth and cash flow management. However, the high P/E ratio suggests overvaluation, and technical indicators point to a bearish trend. Profitability challenges and lack of dividend yield further impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, ensuring long-term financial stability and expansion potential.

Cash Flow Management

Effective cash flow management enhances the company's ability to invest in growth opportunities, reduce debt, and provide a buffer against economic downturns.

Balance Sheet Health

A strong equity position and stable debt-to-equity ratio indicate financial resilience, enabling SIS to withstand market fluctuations and invest in future growth.

Negative Factors

Profitability Challenges

Decreasing profitability metrics can limit the company's ability to reinvest in the business, potentially hindering growth and affecting shareholder returns.

Net Profit Margin Pressure

A declining net profit margin suggests increased cost pressures or pricing challenges, which could impact long-term profitability and competitive positioning.

Return on Equity Decline

A significant drop in return on equity indicates inefficiencies in generating shareholder value, which may deter investment and affect the company's growth prospects.

SIS Limited Business Overview & Revenue Model

Company Description

SIS Limited, together with its subsidiaries, operates as a security and related services company in India, Australia, Singapore, and New Zealand. It operates through three business groups: Security Services (India), Security Services (International), and Facility Management. The company offers manned guarding, training, physical security, fire detection and suppression, maritime and aviation security, perimeter protection, command and control center, access control/entry automation, closed circuit television, intrusion detection, and paramedic and emergency response services; and loss prevention, asset protection, and rowing and mobile patrolling services. It also provides cash logistics services, including cash-in-transit, door step banking, ATM cash replenishment, and precious items and bullion transportation services; and alarm monitoring and response services, such as trading and installation of electronic security devices and systems. In addition, the company offers facility management services, which include cleaning, house-keeping, pest control management, office support, gardening, mechanical, and electrical maintenance, plumbing, preventive maintenance, repairing, and business process outsourcing services, as well as asset management, short-term repairs, heating, ventilation, and air-conditioning services. It serves power, telecom, transportation, aviation, ports, logistics, real estate and townships, educational institutions, and healthcare establishments. The company was formerly known as Security and Intelligence Services (India) Limited and changed its name to SIS Limited in January 2021. SIS Limited was incorporated in 1985 and is based in New Delhi, India.

How the Company Makes Money

SIS generates revenue through multiple streams, including the sale of live data feeds and content to bookmakers, providing them with essential information for live betting. Additionally, the company earns income from subscription-based services for its software and analytics platforms used by sports organizations and betting companies. Significant partnerships with major sports leagues and betting operators further enhance SIS's earning potential, allowing them to expand their customer base and increase the volume of data transactions. The company's focus on technology innovation and commitment to providing high-quality services also contribute to its competitive positioning and revenue generation.

SIS Limited Financial Statement Overview

Summary

SIS Limited shows solid revenue growth and improved cash flows, indicating strong operational performance. However, declining net profit margins and return on equity highlight profitability challenges. The balance sheet is stable with moderate leverage, but efficiency in generating returns needs improvement.

Income Statement

The income statement shows a solid growth trajectory with a consistent increase in total revenue over the years, resulting in a notable revenue growth rate of 7.56% from 2024 to 2025. Gross profit margin has improved significantly, indicating better cost management, with a margin of 16.37% in 2025. However, net profit margin has decreased to 0.09% in 2025, showing pressure on profitability. The EBIT and EBITDA margins show a mixed trend, with EBIT margin improving to 16.37% while EBITDA margin remains relatively stable at 4.58%.

Balance Sheet

The balance sheet reflects a strong equity position, with stockholders' equity consistently growing over the years, representing 39.40% of total assets in 2025. The debt-to-equity ratio is relatively stable at 0.68, indicating moderate leverage. However, the return on equity has decreased to 0.49% in 2025, highlighting challenges in generating returns for shareholders.

Cash Flow

Cash flow analysis exhibits robust free cash flow growth at 155.27% from 2024 to 2025, demonstrating effective cash management and operational efficiency. The operating cash flow to net income ratio is strong at 62.98, indicating good cash generation relative to net income. Free cash flow to net income ratio is also healthy at 49.98, despite fluctuations in capital expenditures.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	136.08B	131.89B	122.61B	113.46B	100.59B	91.27B
Gross Profit	78.95B	21.20B	20.33B	112.39B	99.79B	90.47B
EBITDA	6.99B	6.04B	5.84B	5.24B	5.51B	7.22B
Net Income	405.17M	117.88M	1.90B	3.46B	3.25B	3.65B
Balance Sheet
Total Assets	0.00	61.12B	59.73B	57.13B	50.96B	50.40B
Cash, Cash Equivalents and Short-Term Investments	10.55B	10.55B	7.00B	7.25B	7.07B	10.35B
Total Debt	0.00	16.45B	16.58B	16.47B	14.51B	14.73B
Total Liabilities	-24.08B	37.04B	35.60B	33.79B	30.22B	32.07B
Stockholders Equity	24.08B	24.08B	24.14B	23.33B	20.71B	18.31B
Cash Flow
Free Cash Flow	1.76B	5.89B	2.31B	415.85M	1.25B	5.71B
Operating Cash Flow	2.12B	7.42B	3.94B	1.71B	2.33B	6.40B
Investing Cash Flow	-568.69M	-4.74B	-1.04B	-1.48B	-1.22B	-1.64B
Financing Cash Flow	-315.80M	-145.00M	-3.40B	-2.29B	-3.51B	438.36M

SIS Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 338.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SIS, the sentiment is Negative. The current price of 338.3 is above the 20-day moving average (MA) of 333.25, above the 50-day MA of 331.69, and below the 200-day MA of 347.84, indicating a bearish trend. The MACD of 0.18 indicates Positive momentum. The RSI at 39.71 is Neutral, neither overbought nor oversold. The STOCH value of 10.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SIS.

SIS Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WELENT	70 Outperform	₹63.23B	17.91	―	0.58%	9.11%	16.30%
THOMASCOOK	63 Neutral	₹64.28B	25.57	―	0.32%	11.02%	-9.59%
PSPPROJECT	62 Neutral	₹32.92B	116.50	―	―	-2.24%	-70.79%
SIS	61 Neutral	₹45.88B	89.24	―	―	11.80%	-65.64%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
QUESS	55 Neutral	₹31.67B	36.28	―	4.70%	-16.43%	-75.38%
MAHLOG	51 Neutral	₹30.25B	-66.30	―	0.69%	11.82%	28.42%

SIS Limited Corporate Events

SIS Limited Increases Paid-Up Capital After ESOP Share Allotment

SIS Limited has approved the allotment of 181,889 equity shares with a face value of INR 5 each following the exercise of employee stock options under its Employee Stock Option Plan. As a result of this issuance, the company’s paid-up share capital has increased to INR 705,912,905, comprising 141,182,581 equity shares, a modest equity expansion that reflects ongoing use of stock-based incentives and a slight dilution for existing shareholders.

SIS Limited Announces Trading Window Closure Ahead of Q3 FY2026 Results

SIS Limited has announced that, in line with SEBI’s Prohibition of Insider Trading Regulations, 2015 and its own internal code of conduct, the trading window for dealings in its securities by designated persons and their immediate relatives will be closed from 1 January 2026. The window will remain shut until 48 hours after the company publicly releases its unaudited financial results for the quarter and nine months ended 31 December 2025, a board meeting for which will be scheduled and disclosed separately, underscoring the company’s compliance focus and efforts to prevent insider trading around key financial disclosures.

SIS Limited Increases Share Capital Through Employee Stock Options

SIS Limited has announced the allotment of 50,990 equity shares following the exercise of employee stock options, as approved by the Nomination and Remuneration Committee. This move increases the company’s paid-up share capital to INR 704,893,345, reflecting its commitment to employee engagement and retention through stock incentives.