SIS Ltd

SIS Ltd

₹ 444 0.44%
16 Jul 12:29 p.m.
About

Security & Intelligence Serv.(India)is directly and indirectly engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, housekeeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, ATM cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems through its subsidiaries, joint ventures and associates.(Source : 202003-01 Annual Report Page No:101)

Key Points

Business Segments
Security Solutions (83%) - SIS is a premier Security solutions provider in the Asia-Pacific (APAC) region, encompassing India, Australia, New Zealand, and Singapore, It offers a wide range of Manned Security Solutions & Technology and Electronic Solutions. [1] [2]

  • Market Cap 6,399 Cr.
  • Current Price 444
  • High / Low 565 / 393
  • Stock P/E 34.3
  • Book Value 71.4
  • Dividend Yield 0.00 %
  • ROCE 15.0 %
  • ROE 18.9 %
  • Face Value 5.00

Pros

  • Company's median sales growth is 19.7% of last 10 years

Cons

  • Stock is trading at 6.18 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
775 759 813 852 895 910 986 1,041 1,047 1,070 1,149 1,167 1,155
738 718 780 813 861 873 942 989 994 1,009 1,081 1,094 1,090
Operating Profit 37 40 33 39 34 37 45 52 53 61 68 73 65
OPM % 5% 5% 4% 5% 4% 4% 5% 5% 5% 6% 6% 6% 6%
5 53 3 3 4 3 3 55 8 4 5 70 5
Interest 15 14 14 14 14 14 16 18 19 20 22 23 23
Depreciation 10 9 9 9 11 11 14 13 15 13 18 19 24
Profit before tax 17 70 14 18 14 15 17 75 28 31 33 102 23
Tax % 55% 9% -13% -56% -98% -71% -17% -49% -17% -31% -11% 19% -17%
8 64 15 28 27 25 20 112 32 41 37 82 27
EPS in Rs 0.51 4.35 1.05 1.90 1.82 1.72 1.36 7.64 2.23 2.82 2.51 5.66 1.86
Raw PDF
Upcoming result date: 24 July 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
567 807 1,034 1,274 1,602 2,135 2,504 2,996 3,004 3,318 3,985 4,541
519 754 976 1,197 1,504 1,987 2,360 2,805 2,833 3,172 3,798 4,274
Operating Profit 48 53 58 77 98 148 143 191 171 146 187 267
OPM % 8% 7% 6% 6% 6% 7% 6% 6% 6% 4% 5% 6%
16 18 22 14 6 7 21 45 26 63 69 84
Interest 15 13 25 21 51 47 48 76 70 56 67 88
Depreciation 9 11 25 21 24 31 30 53 41 38 54 74
Profit before tax 40 47 30 49 29 77 88 107 86 116 135 190
Tax % 26% 29% 19% 31% -84% 6% -36% 19% 33% -16% -41% 1%
30 33 25 34 54 73 119 86 57 134 190 187
EPS in Rs 27.93 26.79 19.87 27.07 3.93 4.99 8.14 5.89 3.85 9.11 13.05 12.98
Dividend Payout % 35% 65% 65% 81% 0% 35% 22% 34% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 19%
5 Years: 13%
3 Years: 15%
TTM: 14%
Compounded Profit Growth
10 Years: 19%
5 Years: 9%
3 Years: 49%
TTM: -2%
Stock Price CAGR
10 Years: %
5 Years: 1%
3 Years: -4%
1 Year: 5%
Return on Equity
10 Years: 17%
5 Years: 15%
3 Years: 19%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 6 6 6 69 73 73 73 74 74 73 72
Reserves 67 105 116 122 151 533 655 685 738 763 874 957
114 119 155 191 460 226 492 654 797 689 810 921
117 133 163 198 215 270 329 409 411 466 565 637
Total Liabilities 304 363 439 517 895 1,103 1,549 1,821 2,019 1,991 2,322 2,587
53 70 58 74 79 74 104 126 103 124 148 211
CWIP 5 7 7 0 0 1 3 5 11 21 32 1
Investments 39 42 51 55 183 206 385 498 524 577 591 595
206 244 324 387 633 822 1,057 1,192 1,381 1,270 1,552 1,781
Total Assets 304 363 439 517 895 1,103 1,549 1,821 2,019 1,991 2,322 2,587

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
6 17 8 17 8 33 297 128 69 107
-4 -22 -353 -110 -243 -61 -166 112 -45 24
-6 -12 236 89 124 -142 97 -346 -167 -180
Net Cash Flow -4 -17 -109 -5 -111 -169 228 -106 -143 -50

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 62 23 25 28 34 39 51 57 54 56 63 64
Inventory Days
Days Payable
Cash Conversion Cycle 62 23 25 28 34 39 51 57 54 56 63 64
Working Capital Days 32 29 40 47 44 45 48 55 49 46 53 56
ROCE % 33% 29% 22% 22% 16% 16% 13% 14% 10% 11% 12% 15%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.88% 72.81% 71.62% 71.55% 71.55% 71.48% 71.59% 71.59% 71.59% 71.59% 71.58% 71.70%
11.48% 12.00% 15.12% 15.42% 15.97% 15.03% 14.66% 14.95% 15.25% 16.31% 16.41% 16.87%
5.53% 4.93% 4.42% 4.31% 3.98% 4.49% 4.50% 4.05% 3.96% 3.12% 3.17% 2.91%
10.11% 10.26% 8.84% 8.72% 8.50% 9.00% 9.25% 9.41% 9.21% 9.00% 8.84% 8.52%
No. of Shareholders 42,43444,62737,79336,12434,89545,84440,47140,64038,98834,73239,19534,419

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls