Conference Call with SIS Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
Commercial Services company SIS announced Q4FY23 & FY23 results: Q4FY23: Revenue of Rs 2,995.7 crore, up 13.1% YoY EBITDA of Rs 134.8 crore, up 8.3% YoY PAT of Rs 93.1 crore, up -4.4% YoY Security Solutions India: Rs 1,215 crore in Q4FY23 vs Rs 1,037 crore in Q4FY22, and Rs 1,203 crore in Q3FY23 Security Solutions International: Rs 1,290 crore in Q4FY23 vs Rs 1,237 crore in Q4FY22, and Rs 1,219 crore in Q3FY23 Facility Management Solutions: Rs 504 crore in Q4FY23 vs Rs 386 crore in Q4FY22, and Rs 497 crore in Q3FY23 Cash Conversion - OCF/EBITDA on a consolidated basis was 144.2% for the quarter FY23: Revenue of Rs 11,346 crore, up 12.8% YoY EBITDA of Rs 491.6 crore, up -1.4% YoY PAT of Rs 347 crore, up 6.3% YoY ROE of FY23 was 15.7% Commenting on the performance, 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 cr. monthly revenue in FM, SIS is now also India’s # 1 FM company.” Result PDF
Commercial services company SIS announced Q2FY23 results: Q2FY23: The revenue for the quarter Q2FY23 was Rs 2,767.7 crore which was 3.3% growth QoQ and 13.9% growth on a YoY basis. The EBITDA for the quarter Q2FY23 was Rs 109.8 crore, which was -9.1% growth QoQ and -10.8% growth on a YoY basis. The PAT for the quarter Q2FY23 was Rs 67.4 crore, which was -18.3% growth QoQ and -1.4% growth on a YoY basis. The Return on Equity for the period is 18.0% Net Debt / EBITDA for the period is 1.7x Security Solutions – India business revenue posted a record organic growth of 21.7% YoY and 8.8% QoQ, Facility Management Solutions business revenue also grew at record levels of 40.1% YoY and 10.1% QoQ organically, and Cash Logistics Solutions revenue also continued its strong growth at 41.5% YoY and 4.2% QoQ. Rituraj Sinha Group Managing Director, said, "On the completion of 5 years since being listed, which included two difficult years impacted by the COVID-19 pandemic, we look back with a quiet sense of satisfaction of having built a highly stable and predictable business, resilient to economic variations, de-risked from a geography and industry perspective, and consistently delivered revenue and business growth every year and continued distributions to shareholders in the form of dividends and buybacks every year." Result PDF