SIS’s Strong Q3 Beat Led By Robust Growth In International Business: Motilal Oswal 
The SIS Group is a leading provider of security services both in India and Australia with diverse solutions across the security spectrum. (Image: Company website)

SIS’s Strong Q3 Beat Led By Robust Growth In International Business: Motilal Oswal 

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Motilal Oswal Report

Security and Intelligence Services Ltd. reported strong growth of 8% YoY (6% beat to our estimate), led by 26.5% growth in the International business as aviation and special events related businesses resumed.

While India security and facilities management business saw healthy QoQ growth, they continue to remain down 2% and 15% YoY, respectively.

We continue to see a pick-up in growth in the India business (security and facility managememt) in FY22, helped by a quick rebound in macroeconomic activity.

Click on the attachment to read the full report:

Motilal Oswal SIS Q3FY21 Result Update.pdf

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