Synopsis
SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expansion and new labour codes. The company is also embracing AI for enhanced customer service and operational efficiency. SIS plans to increase its workforce significantly by 2030.Listen to this article in summarized format
SIS, which currently employs nearly 3.46 lakh people, expects to hit an 'inflection point' in the current fiscal year with an accelerated growth in its core 'Security Solutions' and 'Facilities Management Services', led by tailwinds such as expansion of service network, new labour codes, which simplified the regulatory framework and compliance arbitrage.
The company, which also has operations in markets such as Singapore, Australia and New Zealand besides India, is targeting to increase its workforce to 5 lakh by 2030, becoming one of the top five private sector employers, as it scales up operations.
