SIS Cash Services is currently the second-largest cash logistics provider in India by revenue for fiscal 2024, with an estimated market share of 17-18%, according to a Crisil Report.
The company provides a wide range of cash logistics services. Its core offerings include cash-in-transit solutions, retail cash management (doorstep banking), ATM cash replenishment and first-level maintenance, as well as cash assistant and cash peon services. The firm also offers cash processing outsourcing services and secure logistics solutions for bullion, jewellery and other high-value assets.
For the nine months ended December 2024, SIS Cash Services reported revenue from operations of Rs 5,298.6 crore with a profit after tax of Rs 387.4 crore. The company has a debt pile of Rs 2,753.3 crore as of Dec. 31, 2024.
