Savaria Corporation (SIS) Earnings Call Transcripts

Savaria Corporation's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, SIS Limited reported a significant milestone quarter with a revenue of INR 4,489 crores, reflecting a robust 31% year-on-year growth. The company achieved record EBITDA of INR 207 crores, marking a 25.6% increase year-on-year, and a PAT of INR 105.5 crores, resulting in a margin of 2.4%. Management highlighted strong operational performance across all segments and indicated a positive outlook, reinforced by the implementation of new labor codes, which could serve as a catalyst for future growth.

Reported metrics

Guidance from management

Management maintained their growth target of over 15% and emphasized their commitment to achieving a return on capital above 15%. They expressed optimism about the impact of labor code implementation on future performance.

What management said

Yes, Mr. Modi, this is Brajesh responding to your question. So as by accounting norms, whenever there is any difference in the liability already, we have to pass it through OCI. We cannot simply reduce the liability or we cannot put it through PF. So as per accounting norms, we are on the obligation to pass it through the OCI, and we have just followed what is their standard.

So there are 2 aspects. One is the liability period for the past period and the extra amount which we will incur in the future. So as far as future additional expense is concerned, which is getting rate to break up of all the existing customers, so they will be totally pass-through. Regarding the of past periods, we are under of our customers. Most of them have said that whenever actually this amount will be paid t...

What analysts pressed on

Analysts raised concerns about the sustainability of growth in the Facility Management segment and the impact of increasing minimum wages on margins. There were also questions regarding the integration of APS and the expected timeline for margin convergence.

Main topics on the call

• Record Revenue and EBITDA — SIS Limited achieved a record quarterly revenue of INR 4,489 crores, a 31% increase year-on-year, and an EBITDA of INR 207 crores, up 25.6% YoY. Management stated, "it's been a milestone quarter and one of the best growt...
• Impact of Labor Code Implementation — Management discussed the potential positive impact of the new labor codes, stating it represents a "reset for India" and could lead to improved invoicing compliance and working capital benefits. They noted, "this is defi...
• Acquisition of APS and Integration Plans — The acquisition of APS is expected to enhance SIS's market position, with management indicating a target to close the margin gap of 50 basis points over the next 18 months through synergies. They mentioned, "we've bought...
• Improvement in Operational Efficiency — SIS reported a DSO of 63 days, down by 4 days from the previous quarter, indicating improved operational efficiency. Management emphasized, "this quarter, we are reporting one of the best DSO days," which is a positive s...

Read the full Savaria Corporation transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 56 Savaria Corporation earnings call transcripts on record, spanning January 30, 2020 to August 6, 2026. Based on this history, Savaria Corporation reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SIS

Exchange

TSX

Country

CA

Sector

Industrials

Industry

Machinery

Calls on record

56

First call

January 30, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly