EBITDA improved by 8.3% to Rs 134.8 crore in Q4 FY23 from Rs 124.4 crore in Q4 FY22. EBITDA margins were at 4.5% in Q4 FY23 as against 4.7% in Q4 FY22.
On the segmental front, revenue from Security Solutions India was Rs 1,215 crore (up 17.2% YoY), Security Solutions International revenue was Rs 1,290 crore (up 4.4% YoY) and that from Facility Management Solutions added up to Rs 504 crore (up 30.6% YoY) during the period under review.
The security solutions provider reported 6.3% rise in consolidated net profit to Rs 346.5 crore on a 12.8% increase in revenue to Rs 11,345.8 crore in FY23 as compared with FY22.
Rituraj Kishore Sinha, group managing director, said, “Growth is back which is reflected in the revenue, coupled with steady QoQ improvement in margins over the last couple of quarters. Consistent growth momentum would enable us to continue adding to our immense scale. With Rs. 175 crore monthly revenue in facility management (FM), SIS is now also India's # 1 FM company.”
SIS India has been providing security services since inception, mainly manned guarding. It has grown over the years through organic as well as inorganic routes. The company operates security solutions, facility management and cash logistics segments in India. It also has operations in Australia, New Zealand and Singapore apart from India.
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