Buy SIS, target price Rs 525: HDFC Securities

HDFC Securities has buy call on SIS with a target price of Rs 525. The current market price of SIS is Rs 487.45.
Time period given by analyst is 3 months when SIS Ltd. price can reach defined target.

SIS Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 7159.25 Crore) operating in Services sector.


SIS Ltd. key Products/Revenue Segments include Income from Investigation & Security Services, Other Operating Revenue, Electronic Security Systems and Other Services for the year ending 31-Mar-2021.

Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 2628.67 Crore, up 7.76 % from last quarter Total Income of Rs 2439.34 Crore and up 9.71 % from last year same quarter Total Income of Rs 2395.94 Crore. Company reported net profit after tax of Rs 100.98 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 71.62 per cent stake in the company as of 31-Dec-2021, while FIIs owned 15.12 per cent, DIIs 4.43 per cent.