Behaviour of layered steel fibre reinforced cementitious composite (SFRCC) panels is studied under high velocity impact of short projectiles. The panels consist of slurry infiltrated fibre concrete (SIFCON) layers in external faces and an intermediate (core) layer of latex modified concrete (LMC) and steel wire mesh embedded in cement sand slurry. In order to minimize acoustic impedance mismatch at the interfaces, judiciously selected materials are provided in the layers with appropriate lay-up sequences. For relative evaluation of high velocity impact performances of these panels', impact experiments are conducted in controlled environment. Two most commonly used types of short projectiles having calibre diameter of 5.56 mm and 7.62 mm are used in this study. Various important response parameters like depth of penetration (DOP), crater size, spalling, and cracking in the panels are considered for the performance evaluation. This paper presents the results of experimental study conducted on SFRCC panels. Considering the results obtained from experimental study, relative assessment of impact performances of SFRCC panels is carried out with respect to the materials of core layer. Influence of steel fibre volume on impact performance of the panels is also investigated and expressions are proposed based on regression analysis. In order to determine the residual impact resistance of the SFRCC panel after first hit, the same panel was impacted consecutively two to three times, generally within the damage zone of the first hit. Promising potential to resist high velocity impact is exhibited by the SFRCC panels. The structural integrity of the SFRCC panels is found intact even under multiple hits. Copyright © 2014 Tech Science Press.