SIS announces fifth share buyback since listing; proposes ₹120 crore buyback

Security and facility management services provider SIS Ltd on Monday (June 29) said its board has approved, in principle, a proposal to undertake a share buyback of up to ₹120 crore, marking its fifth buyback since the company was listed in August 2017.

Once completed, the proposed buyback will take the total capital returned to shareholders through buybacks and dividends since listing to around ₹720 crore. The company said it has returned about ₹600 crore to shareholders so far through four completed buybacks of about ₹420 crore and dividends of about ₹180 crore.

The board has approved a maximum buyback price of ₹478.50 per share, representing a 10% premium to the last closing price of ₹435. Based on the maximum price, the proposed buyback could cover about 25 lakh shares, although the final number may vary.

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The company said it has bought back nearly 86 lakh shares across its four previous buyback programmes. In FY26, SIS paid a dividend of ₹7 per share and completed a ₹150 crore buyback, taking the total capital returned during the year to about ₹249 crore.

Rituraj Kishore Sinha, Group Managing Director, said, “Since listing, SIS has bought back close to 86 lakh shares. We will continue to evaluate opportunities to return surplus capital to shareholders. The proposed fifth buyback, like the four before it, is expected to be accretive to both earnings per share and return on capital.”

Fourth Quarter Results

The company’s profit after tax (PAT) grew 28% year-on-year (YoY) in Q4 FY26, even as revenue from operations surged 31% YoY to ₹4,489.3 crore from ₹3,427.9 crore in the year-ago quarter.

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At the operating level, EBITDA rose 25.6% YoY to ₹207 crore, while operating PAT stood at ₹105.5 crore, marking a 27.9% YoY growth. Sequentially, the company also saw steady expansion, with revenue rising 7.3% quarter-on-quarter (QoQ). The company’s core security solutions business remained the largest driver of growth during the quarter.

Revenue from its 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.

Shares of SIS Ltd ended at ₹437.00, down by ₹1.65, or 0.38%, on the BSE.

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