SIS plans fifth share buyback worth ₹120 cr; bought back nearly 86 lakh shares since listing, says MD Rituraj Sinha

Security solutions provider SIS continued its shareholder-friendly capital allocation strategy by announcing plans for its fifth share buyback since listing in 2017. The Noida-based company plans to repurchase shares worth up to ₹120 crore, taking the total capital returned to shareholders through buybacks and dividends to around ₹720 crore.

"The Board of Directors has approved, in principle, a proposal to undertake a share buyback of up to ₹120 crore - its fifth buyback since listing in August 2017," the company said in an exchange filing on Monday.

The board has approved a maximum buyback price of ₹478.50 per share, a premium of around 10% to the previous closing price of ₹436.30 on the BSE.

The proposed buyback is subject to the final approval of the board and shareholders. The company said the mode of the buyback and detailed terms will be finalised after obtaining the necessary approvals under the Companies Act, 2013, the Sebi (Buy-back of Securities) Regulations, 2018, and other applicable laws.

₹600 crore already returned to shareholders

According to SIS, it has already returned around ₹600 crore to shareholders since its market debut, including about ₹420 crore through four completed share buybacks and nearly ₹180 crore by way of dividends. The proposed fifth buyback would increase the cumulative capital returned to shareholders to approximately ₹720 crore.

"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," said Rituraj Kishore Sinha, Group Managing Director of SIS Ltd.

On the financial front, SIS closed the financial year 2026 on a strong note, with consolidated net profit more than doubling on the back of strong revenue growth and improved operating efficiency. Consolidated profit after tax jumped to ₹137.8 crore for the year ended March 31, 2026, from ₹67.3 crore in FY25, registering a 105% year-on-year increase.

Revenue from operations rose 20.8% to ₹15,981.5 crore, compared with ₹13,251 crore in the previous financial year, while total income increased to ₹16,030 crore from ₹13,315.6 crore.

The growth came despite higher employee benefit expenses, which increased to ₹13,407.6 crore from ₹10,909.3 crore, reflecting the labour-intensive nature of the company's security and facility management operations. Other expenses also rose to ₹1,695.2 crore from ₹1,555 crore.

SIS is among India's largest security and business support services companies, with operations spanning security solutions, facility management and cash logistics. The company employs more than 3,00,000 people through a network of over 300 offices across more than 600 districts, making it one of the country's largest private-sector employers.