SIS Limited reports full utilisation of its CSR obligation, reinforcing its commitment to skill development, livelihood creation and community welfare
NEW DELHI (India CSR): SIS Limited spent Rs. 2.47 crore on Corporate Social Responsibility (CSR) activities during the financial year 2025-26, fully meeting its statutory CSR obligation under Section 135 of the Companies Act, 2013. The company’s annual CSR disclosure shows that it was required to spend Rs. 2.47 crore during the year after considering the eligible set-off amount, and it spent the entire amount on CSR projects.
The company reported Nil unspent CSR amount for FY 2025-26. It also reported Nil administrative overheads and stated that impact assessment was not applicable, as the company did not have an average CSR obligation of more than Rs. 10 crore during the three immediately preceding financial years.
SIS Limited’s CSR approach is closely linked with its institutional philosophy. The company operates in business support services, security, facility management and cash logistics. Its business model is people-intensive. It employs more than 3 lakh people across the SIS Group. Many of these employees come from less privileged sections of society and have limited access to education, development and livelihood opportunities. This makes the company’s CSR vision closely connected to skills, employability and social mobility.
CSR Obligation and Spending Snapshot
For FY 2025-26, SIS Limited reported an average net profit of Rs. 141.11 crore under Section 135(5) of the Companies Act, 2013. The prescribed 2% CSR amount worked out to Rs. 2.82 crore. The company had an amount of Rs. 0.35 crore available for set-off during the financial year. After adjusting this set-off, the total CSR obligation for FY 2025-26 stood at Rs. 2.47 crore.
The company spent Rs. 2.47 crore during the year. This means SIS Limited achieved 100% utilisation of its CSR obligation. There was no unspent amount at the end of the financial year. The company also stated that no amount was spent on administrative overheads and no amount was spent on impact assessment.
This spending profile reflects complete statutory compliance. It also shows that the company did not carry forward any unspent CSR liability for the year. For stakeholders, this is an important governance indicator because it shows timely utilisation of the prescribed CSR amount.
CSR Committee and Governance Structure
SIS Limited has constituted a Corporate Social Responsibility Committee in accordance with the Companies Act, 2013. During the year, the CSR Committee included Ravindra Kishore Sinha as Chairperson, Uday Singh as Independent Director and member, Arvind Kumar Prasad as Whole-Time Director and member, and Vrinda Sarup as Independent Director and member. Ravindra Kishore Sinha ceased to be a member of the Committee with effect from November 24, 2025.
The CSR Committee held one meeting during the year. Three members attended the meeting. The Committee’s role includes guiding the CSR framework, reviewing CSR implementation, monitoring the spending plan and supporting Board-level oversight.
The company has also provided a web link for the composition of the CSR Committee, CSR Policy and Board-approved CSR projects. This indicates that the company has placed its CSR governance documents in the public domain for stakeholder access.
| Sl. No. | Name of Director | Designation / Category | Position in CSR Committee | CSR Committee Meetings Held | Meetings Attended | Remarks |
|---|---|---|---|---|---|---|
| 1 | Ravindra Kishore Sinha | Chairman / Executive Director | Chairperson | 1 | 0 | Ceased to be a member of the Committee w.e.f. November 24, 2025 |
| 2 | Uday Singh | Independent Director | Member | 1 | 1 | Continued as member |
| 3 | Arvind Kumar Prasad | Whole-Time Director | Member | 1 | 1 | Continued as member |
| 4 | Vrinda Sarup | Independent Director | Member | 1 | 1 | Continued as member |
CSR Policy: Integrating Responsibility into Business
SIS Limited’s CSR Policy is aligned with the vision and principles of the SIS Group. The policy aims to make CSR a core business process. It focuses on sustainable and meaningful engagement with society and the environment where the Group operates.
The policy is not merely a compliance document. It is designed to guide social interventions that address both immediate and long-term social and environmental impacts of the Group’s operations. It also outlines the types of projects and programmes that may be undertaken, the mode of implementation and the monitoring process.
The company’s CSR philosophy is based on the belief that businesses must give back to society, the environment and the communities in which they operate. This principle is particularly relevant for SIS because it is a workforce-driven enterprise. Its social footprint is naturally linked with employment, training and human development.
A People-Centric CSR Philosophy
The SIS Group’s CSR approach is strongly connected to its people-first business model. The company has stated that it employs more than 3 lakh people, many of whom come from less privileged sections of society. For such a workforce, employment is not only a job. It is a route to social dignity, family stability and economic mobility.
SIS has played a role in improving the lives of thousands of people through training, development and employment opportunities. This makes the company’s CSR model different from a purely donation-based model. Its broader social contribution includes skilling, formal employment, livelihood support and participation in India’s organised services economy.
The company has also encouraged skills-based training for individuals from underprivileged and less developed communities across the country. This is important because skill development is one of the most powerful tools for sustainable social change. A trained worker can earn, support a family, participate in the formal economy and improve the prospects of the next generation.
CSR Spending Pattern in FY 2025-26
The annual CSR report states that SIS Limited spent Rs. 2.47 crore on CSR projects during FY 2025-26. The spending covered both ongoing projects and other than ongoing projects. The company reported that the total amount spent for the year was Rs. 2.47 crore.
No amount was spent on administrative overheads. This is a notable point because it indicates that the entire CSR amount was directed towards CSR project expenditure rather than administrative costs. No impact assessment amount was incurred because the requirement was not applicable to the company for the year.
The company also stated that there was no unspent CSR amount for the preceding three financial years. It further confirmed that no capital asset had been created or acquired through CSR spending during FY 2025-26.
Set-Off Adjustment and CSR Compliance
A significant part of the FY 2025-26 CSR disclosure is the set-off adjustment. SIS Limited reported that 2% of average net profit was Rs. 2.82 crore. It spent Rs. 2.47 crore during the year after adjusting Rs. 0.35 crore from the amount available for set-off.
The company disclosed that Rs. 1.88 crore was available for set-off from excess CSR expenditure incurred in previous years. Out of this, Rs. 0.35 crore was adjusted against the shortfall, and the remaining balance of Rs. 1.53 crore will be carried forward.
This disclosure reflects the evolving nature of CSR accounting in India. Companies that spend more than their required CSR obligation in a particular year may be eligible to set off excess spending against future obligations, subject to applicable rules. SIS Limited’s use of Rs. 0.35 crore from available set-off reduced the current year obligation from Rs. 2.82 crore to Rs. 2.47 crore.
Link Between CSR and Business Purpose
SIS Limited is one of India’s major business services companies, with operations across security solutions, facility management and cash logistics. These sectors are deeply connected to employment generation, workplace safety, operational reliability and formalisation of services.
The company’s CSR philosophy fits naturally into this context. In a sector where people are the backbone of service delivery, investment in training, development and social welfare becomes a strategic social priority.
The company’s Founder’s philosophy, “Take care of your people; they will take care of your business,” is reflected in the broader approach of SIS. This philosophy can also be seen in its CSR thinking. By focusing on welfare, skills and participation from employees, the company links responsible business with human development.
Table 2: Key CSR Facts of SIS Limited FY 2025-26
| Particulars | Details |
|---|---|
| Company Name | SIS Limited |
| Financial Year | FY 2025-26 |
| CSR Applicability | Applicable under Section 135 of the Companies Act, 2013 |
| Average Net Profit under Section 135(5) | ₹141.11 crore |
| 2% of Average Net Profit | ₹2.82 crore |
| Surplus from Previous CSR Projects | Nil |
| Amount Required to be Set Off | ₹0.35 crore |
| Total CSR Obligation for FY 2025-26 | ₹2.47 crore |
| Total CSR Amount Spent | ₹2.47 crore |
| CSR Utilisation | 100% |
| Unspent CSR Amount | Nil |
| Administrative Overheads | Nil |
| Impact Assessment Expenditure | Not Applicable |
| Reason for Impact Assessment Not Applicable | Average CSR obligation was not more than ₹10 crore during the three immediately preceding financial years |
| CSR Committee Meeting Held | 1 meeting |
| Capital Asset Created / Acquired through CSR | No |
| CSR Policy Web Disclosure | Available on company website |
| CSR Philosophy | Sustainable and meaningful engagement with society and environment |
| Key Social Focus | Training, development, employment opportunities and skills-based initiatives |
| Employee Participation | Employees encouraged to volunteer in CSR programmes |
| Key CSR Message | Full CSR obligation utilised with Nil unspent amount |
Employee Participation in CSR
SIS Limited’s CSR Policy encourages active participation from employees at all locations. Employees are encouraged to volunteer their time and effort for SIS Group-sponsored programmes or through their own initiatives. The company recognises and appreciates employee contributions to CSR activities.
This is an important feature of the CSR model. CSR becomes more meaningful when employees are not just observers but participants. Employee volunteering can deepen local engagement, improve implementation quality and strengthen the emotional connection between the company and society.
A people-led company like SIS has the potential to make employee volunteering a strong pillar of CSR. Its large workforce and national footprint can help expand the reach of CSR programmes if structured and monitored effectively.
Social Impact Potential
The social impact potential of SIS Limited’s CSR programme is significant because the company works in sectors that create large-scale employment. Its CSR approach can support communities through skilling, livelihood training, awareness, education, health and welfare interventions.
The annual report highlights the company’s participation in skills-based training for individuals from underprivileged and less developed communities. This is directly aligned with India’s need for employable youth. Formal training can convert unemployed or underemployed individuals into productive members of the workforce.
For many rural and semi-urban youth, access to formal training and employment is life-changing. It brings income security. It reduces vulnerability. It improves access to banking, insurance, social security and upward mobility.
Related Party CSR Contribution
The financial statement disclosures show contribution to CSR expenditure made to Annapurna S.P. Sinha Welfare Activities & Social Awareness Reforms Charitable Trust. On a standalone basis, the amount disclosed was Rs. 0.20 crore for FY 2025-26. On a consolidated basis, the contribution to the same trust was Rs. 1.32 crore.
This is relevant because it shows that part of the CSR spending was routed through a related charitable trust. In such cases, transparency and monitoring become especially important. The company’s CSR governance framework and Board oversight are therefore critical to ensure that CSR funds are used for eligible purposes in line with the Companies Act and CSR Rules.
The annual report does not provide extensive project-wise beneficiary details in the extracted disclosure. For stronger stakeholder communication, SIS may consider publishing more granular information in future reports, such as project names, locations, implementing agencies, beneficiary numbers, outcome indicators and photographs.
No Impact Assessment Requirement
The company stated that impact assessment was not applicable because it did not have an average CSR obligation of more than ₹10 crore during the three immediately preceding financial years. This is consistent with the regulatory threshold for mandatory impact assessment.
However, even when impact assessment is not mandatory, companies can voluntarily disclose project outcomes. Such disclosures increase credibility. They also help stakeholders understand not only how much money was spent but what changed because of the spending.
SIS Limited has a strong opportunity to enhance its CSR storytelling by reporting measurable outcomes. These may include number of youth trained, number of people placed in jobs, number of families benefited, geographies covered, skill centres supported, women beneficiaries, or community welfare indicators.
CSR and Sustainable Growth
SIS Limited’s annual report theme is “Sustainable Growth. Innovative Solutions.” This theme is also relevant to CSR. Sustainable growth requires that companies grow responsibly. It requires attention to employees, communities, environment, governance and long-term stakeholder trust.
In FY 2025-26, SIS reported strong business performance. The company’s consolidated revenue grew over 21% to Rs. 15,982 crore, and EBITDA rose to Rs. 717 crore. The company also strengthened its market presence and continued investing in people, technology and operational excellence. In such a growth context, CSR becomes an important part of responsible value creation.
The company’s CSR spending of Rs. 2.47 crore may appear small in comparison to its revenue scale, but it is based on the statutory formula of average net profit. What matters most is whether the spending is aligned, purposeful, monitored and capable of producing social outcomes.
Areas for Future Strengthening
SIS Limited has complied with its CSR obligation for FY 2025-26. It has reported full utilisation, Nil unspent amount and clear CSR governance disclosures. The company’s CSR philosophy is strong and people-centric.
However, future CSR reporting can be strengthened in five ways.
First, the company may provide a detailed project-wise table showing CSR activity, Schedule VII category, location, implementing agency, amount spent and beneficiaries reached.
Second, it may provide outcome-based metrics. For skill development, the company can disclose number of candidates trained, number certified, number placed, retention rates and income improvement.
Third, it may provide community case studies. Human stories make CSR reporting more meaningful and understandable.
Fourth, it may disclose the role of employees in CSR volunteering and the number of volunteering hours contributed.
Fifth, it may consider voluntary impact assessment for major projects even when not legally required. This can strengthen trust and demonstrate the social value of CSR investments.
About the Company: SIS Limited
SIS Limited is an Indian multinational business services company with market-leading positions in Security Solutions, Facility Management and Cash Logistics. Over five decades, the company has grown from a single-city security services provider into a diversified, multi-service platform serving some of the world’s largest corporations across India and the Asia-Pacific region.
The company operates through three major business segments. Its Security Solutions business provides manned guarding, electronic and technology-enabled surveillance, risk assessment, security consulting, event security, emergency response and remote monitoring services. Its Facility Management business offers housekeeping, cleaning, technical services, pest control, sanitation, landscaping, workplace support and industrial support services. Its Cash Logistics business provides cash-in-transit, ATM cash replenishment, retail cash management, doorstep banking and secure cash movement services.
SIS serves a wide range of sectors, including IT/BPO, telecom, auto, transportation, construction, infrastructure, healthcare, pharma, hospitality, FMCG, real estate, core industries, government, defence, education, aviation, BFSI, retail, logistics and commercial spaces.
The company’s founding philosophy is: “Take care of your people; they will take care of your business.” This people-centric belief has shaped SIS as a large employment-generating institution. The Group has more than 3 lakh employees and workers, making it one of India’s significant private-sector employers.
In FY 2025-26, SIS reported strong performance. Consolidated revenue grew over 21% to Rs. 15,982 crore, while EBITDA rose 19% to Rs. 717 crore. Growth was supported by Security Solutions India, Security Solutions International and Facility Management. The company also strengthened its leadership in Indian security services through the acquisition of a controlling stake in AP Securitas.
SIS is increasingly focused on technology-led service delivery. Its solutions include AI-enabled video surveillance, integrated command centres, digital workforce platforms, alarm monitoring, robotic cleaning and technology-enabled facility management.
With strong governance, a large workforce, diversified services and a growing technology focus, SIS Limited continues to position itself as a trusted essential services enterprise committed to sustainable growth and responsible value creation.
