SIS Limited (SIS) AI Stock Analysis

• Market Cap: ₹46.77B
• Dividend Yield: N/A
• Average Volume (3M): 26.57K
• Price to Earnings (P/E): 118.2
• Beta (1Y): 0.48
• 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: 140,927,670
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹377.00 ▲(13.15% 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.

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: 333.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 333.2 is below the 20-day moving average (MA) of 336.54, below the 50-day MA of 344.77, and below the 200-day MA of 345.54, indicating a bearish trend. The MACD of -2.25 indicates Negative momentum. The RSI at 43.38 is Neutral, neither overbought nor oversold. The STOCH value of 40.75 is Neutral, 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
PSPPROJECT	71 Outperform	₹37.94B	135.00	―	―	-2.24%	-70.79%
WELENT	70 Outperform	₹78.02B	24.54	―	0.54%	14.32%	4.35%
THOMASCOOK	63 Neutral	₹73.26B	28.88	―	0.29%	12.46%	-4.05%
MAHLOG	62 Neutral	₹34.07B	-75.26	―	0.66%	11.82%	28.42%
SIS	61 Neutral	₹46.77B	118.25	―	―	11.80%	-65.64%
QUESS	58 Neutral	₹33.75B	38.54	―	4.43%	-16.43%	-75.38%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

SIS Limited Corporate Events

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.

SIS Limited Complies with SEBI Regulations for Q3 2025

SIS Limited has announced the submission of details regarding securities dematerialized during the quarter ending September 30, 2025, in compliance with SEBI regulations. This move ensures transparency and adherence to regulatory requirements, potentially strengthening the company’s credibility and operational efficiency in the market.

SIS Limited Completes Strategic Acquisition in Wify

SIS Limited has successfully completed the acquisition of 7,830 equity shares in Installco Wify Technology Private Limited for INR 4.49 crores. This acquisition marks a strategic investment by SIS Limited, resulting in a 4.56% shareholding in Wify, which could strengthen its market position and expand its technological capabilities.

SIS Limited Expands Share Capital Through Employee Stock Options

SIS Limited has announced the allotment of 57,735 equity shares as part of its Employee Stock Option Plan, which has resulted in an increase in the company’s paid-up share capital to INR 704,638,395. This move is likely to enhance employee engagement and retention, potentially strengthening the company’s operational capabilities and market position.

SIS Limited Expands Market Share with Acquisition of A P Securitas

SIS Limited has announced the acquisition of A P Securitas Private Limited, a company engaged in security services, including its subsidiaries Proton Facility Solutions and Scientific Security Management Services. This acquisition, which will be completed in two tranches by 2029, is expected to enhance SIS Limited’s market share in the Indian security services industry, aligning with its strategic growth objectives.

SIS Limited Updates Q1 FY26 Earnings Note with Revised Tax Figures

SIS Limited has released an updated earnings note for the quarter ending June 30, 2025, highlighting revisions in tax figures. The current tax figure has been updated from 7.3 to 7.6, and the deferred tax effect in timing differences has been revised from (2.1) to (2.5). These changes may impact the company’s financial reporting and stakeholder perceptions.