Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high of ₹480.95 on NSE. According to reports from CNBC TV18, the rally followed the announcement that the board of directors will meet on June 29 to consider and approve a share buyback proposal from shareholders. The stock is on track to record its biggest single day jump in nearly eight weeks, with the company informing stock exchanges about the upcoming board meeting through an exchange filing released in post-market hours of Tuesday. This marks the fifth share buyback in the last five years for SIS, following previous buybacks in April 2021, August 2022, December 2023, and June 2025.
As reported by CNBC TV18, SIS reported robust financial growth in FY26, with consolidated revenue growing over 21% to ₹15,982 crore, marking its strongest growth in several years. The company's operating profit grew around 24% to ₹392 crore on a like-for-like basis during the financial year ended March 31, 2026. EBITDA rose 19% to a record ₹717 crore, while the company maintained strong profitability metrics with return on capital employed improving to 16.5% and return on equity to 15.8%. The company's balance sheet remained comfortably positioned with a Net Debt to EBITDA ratio under.
According to CNBC TV18, the first three buybacks conducted by SIS were worth ₹100 crore, ₹80 crore and ₹90 crore respectively, all executed at a price of ₹550 per share. The 2025 buyback was differentiated as it repurchased shares worth ₹150 crore at a price of ₹404 per share. This upcoming buyback will be the fifth share buyback in the company's history, demonstrating its consistent commitment to returning value to shareholders. The trading window for dealing in securities has been closed for designated persons and their immediate relatives from June 23, 2026, and shall remain closed until 48 hours after the disclosure of the outcome of the board meeting to stock exchanges, which is set for July 1, 2026.
In an interaction with CNBC TV18 last month, SIS CEO Dhiraj Singh expressed optimism about the company's growth trajectory, stating that the company is expecting its 15-20% growth run rate to continue even as it moves into the next phase of expansion. Singh highlighted that the past year market recovery and going forward, the focus would be on building on that momentum, supported by regulatory changes like labour code reforms and a growing base of long-term contracts. The company closed the financial year 2026 with its highest ever revenue and EBITDA, with profit after tax increasing 28% and revenue up 31% at ₹4,489.3 crore in the March quarter.
As reported by CNBC TV18, SIS shares have demonstrated strong performance with 17% gains in the past month and 37.4% growth this year. The stock was up 6.1% at ₹455.5 at 11:30 am on Wednesday. In the longer term, SIS shares have delivered 26% returns over one year, 11% returns over three years, and over 8% returns over five years. The company currently has a market capitalisation of more than ₹6,532 crore. The company offers security, facility management, and cash logistics services, positioning it as a comprehensive security solutions provider in the market.
