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SIS LimitedSIS.NSCompetitor analysis, valuation and peers

India · INR·Commercial Services›Miscellaneous Commercial Services
Momentum weak 36
Mkt cap
$570M
US dollars, full cap
Free float
27%
of shares outstanding
$/day
$338,817
20-day average traded
Fwd P/E
13.4×
forward earnings
ROIC−WACC
+4.6 pp
WACC 11.1%
Hurdle
-8 pp
Req g minus delivered
Next earnings
90 days
4 Feb 2027
Close · INR₹381.75
1D-2.0%
1W+3.4%
1M-7.6%
3M-12.4%
6M-4.1%
YTD+14.5%
1Y+13.3%
ATR %3.9%
Beta0.61
52w lowhigh20.6% off high

What SIS does

Employees: 205,644

SIS at a glance

Size SIS (SIS.NS) is an India Industrials company (Miscellaneous Commercial Services) with a market value of $570M, the 790th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹381.75 on 6 Nov 2026.

Performance Over six months the shares fell 4.1%, against -24.8% for the median peer and 0.0% for the India market (cap-weighted) — 7th highest of 21 in its peer set.

Growth Revenue grew 25.2% over the last twelve months (peer median +19.4%); the operating margin is 3.1% (peer median 6.8%).

Valuation It trades at 13.4× forward earnings against a peer median of 15.3× (4th cheapest of 10).

Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -8 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 4.6 points above its cost of capital (11.1% WACC).

Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026SIS.NS 98Peer median 76
Six months, rebased to 100: SIS against the median of its 20 peers (local-currency closes).

SIS financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹170B₹160B₹132B₹123B₹113B
Revenue growth—+21%+8%+8%—
Gross profit₹23.0B₹11.3B₹9.59B₹8.90B₹7.80B
EBITDA₹7.72B₹7.21B₹6.07B₹5.88B₹4.94B
Net income₹1.47B₹1.38B₹118M₹1.90B₹3.46B
Free cash flown/a₹4.92B₹5.01B₹1.32B-₹302M
Capital expendituren/a₹1.89B₹1.53B₹1.64B₹1.29B
Total debtn/a₹17.9B₹16.5B₹16.6B₹16.5B

Quarterly statements and history in the cockpit →

SIS competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%-10%0%+10%301622300197003032003004301325DATA301172PAYFM6007213015487199301456257530091636253009013265301446603060SIS.NS6-month return →1-month return →
Up and to the right = strong over both horizons. SIS is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%10×20×30×003032301325DATAPAYFM3015487199301456603060SIS.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. SIS is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%+60%-25%0%25%50%300197DATA301172PAYFM6007213015487199603060SIS.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. SIS is the large dot.

SIS competitors and peer comparison

How SIS compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

SIS against its 20 peers (data as of 6 Nov 2026)
MeasureSIS.NSPeer medianRank in peer set
1-month return-7.6%-6.2%9th lowest of 21
6-month return-4.1%-24.8%7th highest of 21
Distance from 52-week high-20.6%-42.6%3rd highest of 21
Revenue growth (TTM)+25.2%+19.4%8th highest of 21
Operating margin3.1%6.8%8th lowest of 21
Forward P/E13.4×15.3×4th cheapest of 10
Growth the price implies (Req g, 7 yrs)3.4%12.0%5th least demanding of 10
Growth delivered (Del g)+11.9%+13.8%3rd lowest of 10
Hurdle (Req g minus delivered)-8.5 pp-0.7 pp5th least demanding of 10
ROIC minus cost of capital+4.6 pp-1.7 pp6th highest of 20
Net debt / EBITDA1.0×0.5×3rd least indebted of 5

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
SIS SIS.NSIndia$570M-4%+25%3%13.4×3.4%+11.9%
Baotou INST Magnetic New Materials 301622.SZChina$570M-40%+3%-1%n/an/an/a
CECEP Techand Ecology and Environment 300197.SZChina$571M+8%+21%-271%n/a29.2%-26.5%
Jiangsu Chuanzhiboke Education Technology 003032.SZChina$569M+43%+60%-18%36.9×n/an/a
Beijing Telesound Electronics 003004.SZChina$568M+45%+26%-1%n/an/an/a
Shenzhen Manst Technology 301325.SZChina$578M-38%-62%-38%21.3×n/an/a
GlobalData DATA.LUnited Kingdom$564M-37%+9%31%10.3×-7.8%+12.5%
Sichuan Joyou Digital Technologies 301172.SZChina$563M-40%+18%4%n/a57.4%+6.3%
PayPoint PAY.LUnited Kingdom$580M+25%+8%21%9.2×-15.9%+21.4%
Fiera Milano FM.MIItaly$581M-15%+46%22%15.3×-5.8%+38.8%
Xinjiang Baihuacun Pharam Tech 600721.SSChina$560M+15%-19%10%n/a36.3%+36.9%
Hunan SUND Technological 301548.SZChina$557M-42%+23%21%19.9×18.4%+13.8%
Premium 7199.TJapan$556M+18%+21%20%12.4×-13.1%+20.6%
Qingdao Paguld Intelligent Manufacturing 301456.SZChina$555M-26%+29%13%15.1×n/an/a
Xuanzhu Biopharmaceutical 2575.HKHong Kong$553M-59%+237%-187%n/an/an/a
Shenzhen Longtech Smart Control 300916.SZChina$589M-27%-2%3%n/an/an/a
Shanghai FourSemi Semiconductor 3625.HKHong Kong$592M-69%+3%-16%n/an/an/a
Zhejiang Zoenn Design 300901.SZChina$549M-5%+53%10%n/an/an/a
Winstek Semiconductor 3265.TWOTaiwan$593M-24%+15%20%n/an/an/a
Jiangxi First Hydraulic 301446.SZChina$601M-5%+33%10%n/an/an/a
China Testing & Certification International 603060.SSChina$602M-25%-6%4%31.2×12.0%+12.1%

Questions

Which companies are SIS's closest peers?
The cockpit's peer set: Baotou INST Magnetic New Materials (301622.SZ), CECEP Techand Ecology and Environment (300197.SZ), Jiangsu Chuanzhiboke Education Technology (003032.SZ), Beijing Telesound Electronics (003004.SZ), Shenzhen Manst Technology (301325.SZ), GlobalData (DATA.L), Sichuan Joyou Digital Technologies (301172.SZ), PayPoint (PAY.L).
Is SIS expensive compared with its peers?
On forward p/e it trades at 13.4× against a peer median of 15.3×, 4th cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -8 pp: the price already allows for a slowdown.
How has SIS stock performed?
Over six months to 6 Nov 2026 the shares returned -4.1% against -24.8% for the median peer; over one year +13.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.