SIS Ltd reports consolidated PAT of Rs. 99.02 crore in Q3FY21

Security and Intelligence Services (India) Ltd has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.2395.94 crores during the period ended December 31, 2020 as compared to Rs.2224.33 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.99.02 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.108.08 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.6.64 for the period ended December 31, 2020 as compared to Rs.7.21 for the period ended September 30, 2020.

Financials	Q3 FY20-21	Q2 FY20-21	% Change
Total Income	₹ 2395.94 crs	₹ 2224.33 crs	7.72%
Net Profit	₹ 99.02 crs	₹ 108.08 crs	-8.38%
EPS	₹ 6.64	₹ 7.21	-7.91%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.2395.94 crores during the period ended December 31, 2020 as compared to Rs.2182.88 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.99.02 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.78.28 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.6.64 for the period ended December 31, 2020 as compared to Rs.5.26 for the period ended December 31, 2019.

Financials	Q3 FY20-21	Q3 FY19-20	% Change
Total Income	₹ 2395.94 crs	₹ 2182.88 crs	9.76%
Net Profit	₹ 99.02 crs	₹ 78.28 crs	26.49%
EPS	₹ 6.64	₹ 5.26	26.24%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.6810.08 crores during the 9 months period ended December 31, 2020 as compared to Rs.6278.17 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.264.97 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.229.36 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.17.71 for the 9 months period ended December 31, 2020 as compared to Rs.15.40 for the 9 months period ended December 31, 2019.

Financials	9 Months ended FY20-21	9 Months ended FY19-20	% Change
Total Income	₹ 6810.08 crs	₹ 6278.17 crs	8.47%
Net Profit	₹ 264.97 crs	₹ 229.36 crs	15.53%
EPS	₹ 17.71	₹15.40	15%

Commenting on the performance, Mr. Rituraj Kishore Sinha, Group Managing Director said, "We have ended the quarter with our highest ever quarterly revenues, our OCF / EBITDA for the 9M is 140% and we have generated Rs555 Crs of OCF in these 9 months and our Net Debt / EBITDA continues to be a very sound 0.9 with a Rs213 Cr reduction in Net Debt. We believe that the SIS Balance Sheet is very solidly placed to capture the organic and inorganic growth opportunities that are going to unfold, even more so after the landmark budget with its huge focus on infrastructure spend especially in the fields of healthcare, ports, metros, airports etc. SIS is best placed to capture the potential increase in market size post the significant capex push by the government."

Shares of Security and Intelligence Services (India) Ltd was last trading in BSE at Rs.405.15 as compared to the previous close of Rs. 405.15. The total number of shares traded during the day was 11195 in over 713 trades.

The stock hit an intraday high of Rs. 409.95 and intraday low of 401.3. The net turnover during the day was Rs. 4526816.

Source : Equity Bulls

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