What was SIS's revenue in Q4 FY26?

SIS reported revenue of ₹4,489 Cr in Q4 FY26, a +31% change year-over-year.

Did SIS management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

SIS Q4 FY26 Research Workspace: Revenue ₹4,489 Cr (+31%)

Q: What guidance did SIS management give?

15%+ revenue growth and 15%+ ROE on a multi-year basis: Management targets sustained 15%+ growth and 15%+ return on equity, consistent with historical performance since listing.

Revenue ₹4,489 Cr +31%

EBITDA ₹207 Cr +25.6%

PAT ₹102 Cr

EBITDA Margin 5%

Duration 65 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

SIS delivered a record Q4 FY26 with revenue of ₹4,489 crore (+31% YoY) and EBITDA of ₹207 crore (+25.6% YoY), driven by strong execution across all segments. India Security grew 34.2% YoY (including APS acquisition), International Security hit a record ₹1,950 crore (+36.9% YoY) aided by event-related contracts, and Facility Management grew 8.1% YoY with margins improving to 5.5%. PAT stood at ₹105.5 crore (2.4% margin). Management reiterated a 15%+ growth and 15%+ ROE aspiration, with labor code implementation seen as a structural tailwind. The cash business IPO is deferred to FY27 pending market conditions. Key risk: labor code enforcement delays could postpone expected industry consolidation benefits.

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Research workspace

Focused Modules

!Risks 4 risks

Risk Intelligence

Labor code implementation delays

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Quarter Snapshot

India Security Revenue ₹1,925 Cr

+34.2% YoY

Highest ever quarterly revenue, includes APS acquisition consolidation.

International Security Revenue ₹1,950 Cr

+36.9% YoY

Record quarterly revenue, boosted by Australian Open and Grand Prix events.

DSO (Days Sales Outstanding) 63 days

-4 days QoQ

Best DSO since 2023, reflecting improved operational efficiency.

Employee Count 343,000

Flat

Largest workforce in India; attrition ~10% lower than industry average of 42%.

Fast read

Guidance and risk preview

Top guidance 15%+ revenue growth and 15%+ ROE on a multi-year basis

Management targets sustained 15%+ growth and 15%+ return on equity, consistent with historical performance since listing.

Top risk Labor code implementation delays

Full enforcement of new labor codes may take time, delaying expected benefits from compliance arbitrage and industry consolidation.