Some important bits from con call
One time COVID related Contracts are off
Indian Security business growing
Facility Management biz also growing
Security Alarm / Monitoring/ Response contracts bring EBIDTA margins around 20%
As share of Solutions contracts goes up, revenue will go up without corresponding increase in manpower
Company enjoys economies of scale being among the two players with PAN India reach in Security industry.
Recession proof business. No client concentration risks as such
Company follows a Multi Brand Strategy, building a house of Brands and don’t want everything to be under SIS brand itself as all brands are synergized when it comes to backend operations.
2nd Largest Cash Management Business. Potential Spinoff possible in the future.
Discl: Holding and Adding. Forms over 5% of my pf
| Subscribe To Our Free Newsletter |
