SIS Limited delivered exceptional financial results for Q4 FY26, with profit after tax growing 28% year-on-year to ₹250 crore and revenue surging 31% YoY to ₹4,489.3 crore from ₹3,427.9 crore in the previous year. According to the company's earnings statement, EBITDA rose 25.6% YoY to ₹207 crore, while operating PAT stood at ₹105.5 crore, marking 27.9% YoY growth. The company also demonstrated strong sequential performance with revenue rising 7.3% quarter-on-quarter. As per HomeStocksNews, this performance reflects widespread growth across SIS Ltd's main business areas, with the company positioning FY26 as a 'rebound' year and FY27 as an 'inflection year' driven by industry resets.
The company's core security solutions business emerged as the primary growth driver during the quarter. Revenue from India security solutions segment jumped to ₹1,925 crore in Q4 FY26 from ₹1,435 crore a year ago, supported by demand from ecommerce, construction, manufacturing, and power sectors. The segment's EBITDA margin improved to 5.1% from 4.8% in the previous quarter. Meanwhile, international security solutions business also clocked strong growth with revenue rising 36.9% YoY to ₹1,950 crore, led by new wins across ecommerce and government contracts. Notably, Henderson (Singapore) turned operationally profitable both in Q4 FY26 and the full fiscal year, indicating progress in its turnaround strategy. The strong performance in both domestic and international security solutions segments contributed significantly to the overall revenue surge.
The facility management segment posted steady growth with revenue increasing 8.1% YoY to ₹635 crore, while EBITDA rose 26.5% YoY to ₹35 crore - the highest-ever quarterly EBITDA for the segment. This segment showed comparatively moderate but steady growth compared to the security solutions business, demonstrating the company's diversified revenue streams across both core segments. The margin expansion in Facility Management indicates growing operational effectiveness and positions the company for enhanced value creation in this segment.
SIS Limited reported significant improvements in key financial metrics during FY26. Net debt-to-EBITDA ratio declined to 0.99x as of March 2026 from 1.25x in December 2025, reflecting better balance sheet discipline and enhanced financial health. ROCE was 16.5% and RoE was 15.8% for Q4 FY26, indicating strong operational efficiency. Cash flow generation remained robust with operating cash flow to EBITDA at 203.3% for the quarter. Additionally, days sales outstanding (DSO) improved to 63 days - the lowest level since June 2023, indicating enhanced working capital management and operational efficiency.
The company returned around ₹250 crore to shareholders during FY26 through dividends and buybacks, marking one of its highest capital return years. According to Group Managing Director Rituraj Kishore Sinha, "We exit FY26 with – highest ever revenue, highest ever EBITDA. Largest capital return to shareholders - ₹250 cr. And the greatest reset opportunity the industry has witnessed in decades - Labour Codes. SIS is moving from FY26 REBOUND year to potentially INFLECTION year." The management outlook signals potential inflection ahead driven by the industry reset opportunities and the company's strong financial position. The company is positioning for accelerated growth in FY27, supported by industry tailwinds including the implementation of new Labour Codes, which are expected to reshape labor and wages and create opportunities for organised players like SIS. Management has described FY27 as an 'INFLECTION' year, indicating strategic plans to accelerate future expansion.
