SIS2024-01-012024-03-31 SIS2024-01-012024-03-31 SIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SIS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member SIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SIS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member SIS2024-03-31 SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member SIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member SIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member SIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member SIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member SIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member SIS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SIS2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member SIS2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member SIS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member SIS2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member SIS2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SIS2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SIS2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member SIS2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member SIS2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss03Member SIS2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member SIS2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member SIS2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540673 SIS NOTLISTED SIS LIMITED Equity 2023-04-01 2024-03-31 2024-05-01 2024-04-17 INR Millions Yearly 15:00:00 19:40:00 2024-05-01 2024-05-01 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 31376300000.00 159810000.00 31536110000.00 140340000.00 138160000.00 54470000.00 25550310000.00 402850000.00 485680000.00 4653440000.00 31425250000.00 110860000.00 0.00 110860000.00 117570000.00 171710000.00 289280000.00 0.00 -178420000.00 0.00 0.00 0.00 61740000.00 -116680000.00 -335730000.00 -452410000.00 -116680000.00 0.00 -335730000.00 0.00 720500000.00 5 -0.82 -0.81 0.00 0.00 -0.82 -0.81 1. The Statement of audited consolidated financial results (“the Statement”) of SIS Limited (the “Parent” or “Company”) including its subsidiaries (collectively known as the “Group”), its joint venture entities for the quarter and year ended March 31, 2024 have been reviewed by the Audit Committee and, thereafter, approved by the Board of Directors at its meeting held on May 01, 2024. 2. The Limited Review, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been completed and the related Report does not have any impact on the 'Results and Notes' for the quarter and year ended March 31, 2024 which needs to be explained. 3. The consolidated results have been prepared in accordance with the principles and procedures of Indian Accounting Standards (“Ind AS”) as notified under the Companies (Indian Accounting Standards) Rules, 2015 as prescribed in Section 133 of the Companies Act, 2013 read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016 and other recognized accounting practices and policies. 4. Pursuant to the approval of the Board of Directors of the Parent at its meeting held on November 30, 2023, the Parent offered 1,636,363 equity shares of face value of INR 5 each for buyback to all eligible shareholders, through the tender offer process, for an aggregate amount not exceeding INR 900 million, equivalent to 1.12% of the total paid up equity share capital of the Parent as on November 24, 2023, at INR 550 per equity share, in accordance with the provisions of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended and the Companies Act, 2013, as amended. The said shares bought back through the tender offer process and were extinguished on January 05, 2024. The Parent funded the buyback from its free reserves as required under the said regulations. Consequently, 1,636,363 equity shares of face value of INR 5 each were extinguished by appropriating a sum of INR 891.82 million from the securities premium and an amount of INR 8.18 million, equivalent to the nominal value of the equity shares bought back through the buyback, have been transferred to the capital redemption reserve account. 5. During the year ended March 31, 2024, the Group has recognised an impairment loss relating to its Singapore security business by writing down goodwill by an amount of 656.05 million in its statement of profit or loss. 6. During the quarter ended March 31, 2024, the board of the Parent has approved the re-appointment of Mr. Ravindra Kishore Sinha as an Executive Director and Chairman for a period of 5 years effective May 15, 2024 and the same was approved by the shareholders through postal ballot on March 09, 2024. 7. The figures for the quarter ended March 31, 2024 and the corresponding quarter ended March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the respective financial year. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 122614250000.00 426670000.00 123040920000.00 612130000.00 831000000.00 5250000.00 100495490000.00 1481590000.00 1663280000.00 15481900000.00 120570640000.00 2470280000.00 0.00 2470280000.00 314760000.00 503990000.00 818750000.00 0.00 1651530000.00 0.00 0.00 0.00 248870000.00 1900400000.00 -47770000.00 1852630000.00 1900400000.00 0.00 -47770000.00 0.00 720500000.00 5 23414870000.00 13.08 12.97 0.00 0.00 13.08 12.97 Impairment of Goodwill 656050000.00 Other Expenses 3997390000.00 Impairment of Goodwill 656050000.00 Other Expenses 14825850000.00 0.00 3734960000.00 22170000.00 10678810000.00 1636570000.00 328600000.00 351260000.00 0.00 611810000.00 963070000.00 3269460000.00 3452080000.00 24085720000.00 309030000.00 55550000.00 18858460000.00 6514820000.00 890410000.00 17000000.00 7513040000.00 33849280000.00 1487030000.00 35645340000.00 59731060000.00 720500000.00 23414870000.00 24135370000.00 24135370000.00 2300500000.00 1105600000.00 3406100000.00 1971330000.00 351160000.00 5728590000.00 12785520000.00 846890000.00 10170090000.00 23802500000.00 1970320000.00 4091030000.00 3250000.00 29867100000.00 35595690000.00 59731060000.00 Facilities management 5200720000.00 Security services – India 13093440000.00 Security services – International 13218840000.00 Facilities management 20921020000.00 Security services – India 51584740000.00 Security services – International 50690360000.00 31513000000.00 123196120000.00 136700000.00 581870000.00 31376300000.00 122614250000.00 Facilities management 204330000.00 Security services – India 719480000.00 Security services – International 572370000.00 Facilities management 865040000.00 Security services – India 2918150000.00 Security services – International 2061880000.00 1496180000.00 5845070000.00 402290000.00 1479390000.00 921290000.00 The Group is currently focused on three business groups, viz., Security Services (India), Security Services (International) and Facility Management. The Group's organizational structure and governance processes are designed to support effective management of multiple businesses while retaining focus on each one of them. The Operating Segments have been reported in a manner consistent with the internal reporting provided to the Group Management Committee, which is the Chief Operating Decision Maker. The business groups comprise the following: 1. Security Services (India) – Guarding, Electronic security and home alarm monitoring and response services 2. Security Services (International) – Guarding, Mobile patrols, Emergency medical response and rescue, Loss prevention and allied services 3. Facilities Management – Housekeeping, Cleaning, Facility operation & management and Pest control services 1646530000.00 172600000.00 2719150000.00 Facilities management 8991270000.00 Security services – India 27429730000.00 Security services – International 23310060000.00 59731060000.00 0.00 59731060000.00 Facilities management 5201800000.00 Security services – India 16444650000.00 Security services – International 13949240000.00 35595690000.00 0.00 35595690000.00 1481590000.00 4940000.00 -2856370000.00 0.00 -365080000.00 0.00 25080000.00 -1170610000.00 0.00 670950000.00 0.00 3800000.00 0.00 1663280000.00 0.00 472780000.00 0.00 1472870000.00 -7370000.00 4610000.00 0.00 399500000.00 45660000.00 0.00 0.00 0.00 0.00 407180000.00 248870000.00 1702680000.00 4172960000.00 0.00 0.00 0.00 437240000.00 208450000.00 3944170000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 77540000.00 1636080000.00 0.00 34990000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4040000.00 415350000.00 0.00 130000000.00 0.00 -1044140000.00 0.00 0.00 30000.00 0.00 1120900000.00 0.00 0.00 0.00 1020610000.00 1401240000.00 0.00 491640000.00 0.00 1405020000.00 0.00 -3800000.00 -3401960000.00 -501930000.00 -22590000.00 -524520000.00 1940000.00 -522580000.00 Foreign exchange gain / (loss) on monetary items included in Net Investment in a foreign subsidiary 0.00 Foreign exchange gain / (loss) on monetary items included in Net Investment in a foreign subsidiary 0.00 0.00 0.00 17390000.00 17390000.00 Remeasurement of defined benefit plan 69070000.00 Share of other comprehensive income of associates / joint ventures -1290000.00 Foreign exchange gain / (loss) on monetary items included in Net Investment in a foreign subsidiary -386120000.00 Remeasurement of defined benefit plan 69070000.00 Share of other comprehensive income of associates / joint ventures -1290000.00 Foreign exchange gain / (loss) on monetary items included in Net Investment in a foreign subsidiary -98160000.00 -318340000.00 -30380000.00 0.00 0.00