• Essential services will move into essential solutions category. Our major consumers like banks, auto, IT or even the more traditional sectors are seeing demand returning.
• The nature of our services business is completely domestic focused. Even if economic cycles are not peaking, people tend to use their facility management services because one cannot do away with hygiene or security guards or CCTV cameras even in a downturn. It is a very recession resistant demand that has been demonstrated quarter-on-quarter over the last 12 quarters since we listed. √ On an average, SIS has added 1,800 new jobs each month, a run rate of over 20,000-25,000 new hires for full year.
• The large difference between services and solutions being that services are manpower intensive whereas solutions are optimizing use of manpower but using greater degree of technology. So, that is already happening and SIS has been a market and thought leader. We do not see artificial intelligence to be a risk but a great differentiator that allows us to establish SIS proposition versus our competitors.
• We broadly maintain a guidance to deliver 20% YoY growth or over 20% RoE and a 50% OCF/ EBITDA
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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