SIS Ltd Aims for ₹20,000 Crore Revenue by FY27 with Workforce Expansion Plans
SIS targets ₹20,000 crore revenue in FY27, eyes 500,000 workforce by 2030
Business StandardImage: Business Standard
SIS Ltd, a security and facility management services provider, targets ₹20,000 crore in revenue by FY27, driven by strong growth and a simplified regulatory framework. The company plans to increase its workforce from 346,000 to 500,000 by 2030, positioning itself as a technology-driven partner in the industry.
- 01SIS Ltd aims for ₹20,000 crore in revenue by FY27, up from ₹16,030 crore in FY26.
- 02The workforce is expected to grow from 346,000 to 500,000 by 2030.
- 03The company is adopting AI solutions to enhance operational efficiency.
- 04New labour codes are expected to simplify compliance and stimulate demand.
- 05SIS plans to focus on existing markets rather than expanding into new countries.
Advertisement
In-Article Ad
SIS Ltd, a prominent security and facility management services provider in India, is targeting ₹20,000 crore in revenue by FY27, building on a 21% revenue increase to ₹16,030 crore in FY26. The company is poised to expand its workforce from 346,000 to 500,000 by 2030, aiming to become one of the top five private sector employers. Group Managing Director Rituraj Sinha highlighted that strong growth will be driven by an expanding service network and the benefits of new labour codes that simplify regulatory compliance. SIS is also integrating Artificial Intelligence (AI) into its operations to enhance decision-making and efficiency. The company has reduced its gross debt and is maintaining a disciplined approach to leverage, targeting a net debt-to-EBITDA ratio of 1 to 1.5 times. SIS has completed a significant acquisition of AP Securitas, adding approximately ₹1,200 crore in revenue. Despite plans for an IPO of its joint venture SIS-Prosegur being delayed due to global uncertainties, the company remains focused on its growth strategy in existing markets.
Advertisement
In-Article Ad
The expansion of SIS Ltd's workforce and revenue targets could lead to increased job opportunities in the security and facility management sectors, benefiting local economies.
Advertisement
In-Article Ad
Reader Poll
Do you think SIS Ltd's expansion plans will positively impact the job market?
Connecting to poll...
More about SIS Ltd
Read the original article
Visit the source for the complete story.

