SIS LIMITED — Investor Meet, 04-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SIS Limited reported a milestone Q3 FY26, with consolidated revenue crossing ₹4,000 Cr for the first time, reaching ₹4,185 Cr (+24.5% YoY). Operating EBITDA grew 25.2% YoY to ₹196 Cr (4.5% margin), and Operating PAT was ₹100.8 Cr. The company took a conservative one-time charge of ₹290 Cr for prior-period gratuity liabilities, anticipating significant future recoveries from clients. All segments showed robust growth, with India Security at ₹1,898 Cr (+33.7% YoY) and International Security at ₹1,670 Cr (+20.8% YoY). Management sees labor code reforms as a structural tailwind driving industry consolidation. SIS aims for pre-COVID margin levels and strong return ratios, with a confident outlook for sustained growth.