SIS announces share buyback today at ₹330.05

The small-cap stock SIS plans to announce a share buyback today, March 25, 2025. The company’s board meeting is scheduled for the same day to discuss this proposal. As of 9:30 am, SIS shares were trading at ₹330.05 on the National Stock Exchange, showing a decline of over 1.15 percent compared to the previous trading session. This would be the fourth time SIS has conducted a share buyback in four years, following similar actions in 2021, 2022, and 2023. In past buyback offers, SIS repurchased shares at ₹550 each through a tender offer. This method allows companies to buy back shares at a set price, usually above market value. The company also split its equity shares in 2020 from ₹10 to ₹5 each. SIS has returned ₹9 per share to shareholders as dividends since 2018. In its latest quarterly results, SIS reported a net profit of ₹102.1 crore for Q3 FY25, a significant increase from ₹36.9 crore in the same quarter last year. Revenue also rose by 9.4 percent year-over-year. However, the EBITDA margin slightly decreased from 4.9 percent to 4.7 percent. Investors are advised to consult certified experts before making any financial decisions.