Auto Parts & Equipment company SJS Enterprises announced Q2FY26 results Q2FY26 Consolidated Financial Highlights: Revenue growth of 25.4% YoY to Rs 2,417.6 million, driven by 44.3% YoY growth in the two wheeler (2W) segment and 16.5% YoY growth in the Passenger Vehicle segment 24th consecutive quarter of outperformance, with 29.5% YoY growth in automotive business compared to 9.5% YoY growth in automotive industry (2W+PV) production volumes EBITDA grew 40.9% YoY to Rs 728.4 million, with EBITDA margins at 29.6% on account of improved product mix, better operating leverage and cost optimization initiatives across businesses PAT increased 48.4% YoY to Rs 432.7 million, with a PAT margin of 17.9% Generated strong cash flows during the quarter which resulted in a net cash position of Rs 1,588.8 million Exports grew 40.9% YoY to Rs 231.9 million constituting 9.6% of total consolidated sales K. A. Joseph, Managing Director, SJS Enterprises, said, “Building on the strong momentum from the previous quarter, Q2FY26 was a milestone period for SJS. The Company delivered its highest-ever consolidated revenue and profits during the quarter, supported by strong demand across both 2W and PV segments. SJS delivered its 24th consecutive quarter of industry outperformance, with revenue rising 25.4% YoY to Rs 2,417.6 million, led by 44.3% growth in 2W, 16.5% growth in PV and 16% YoY growth in Consumer segment. EBITDA margin was at 29.6% and PAT margin at 17.9%. Our enhanced profitability is a reflection of better product mix, operational excellence, and disciplined execution. This performance demonstrates the success of our business diversification strategy and strong OEM partnerships, reinforcing our position as a trusted premium aesthetics solutions provider. With a solid order book and clear strategy, SJS is well-positioned to achieve greater heights and set new benchmarks in the coming quarters” Sanjay Thapar, Executive Director & Group CEO, SJS Enterprises, said, “Q2 FY2026 performance is an inflection point for SJS. Our strategic initiatives and strong execution have led to SJS achieving business results in Q2FY26 almost equal to our annual performance of FY21. What SJS once achieved in a full year, we now deliver in a single quarter. We also achieved our highest-ever exports revenue of Rs 231.9 million, contributing 9.6% of consolidated revenue in Q2FY26. This strong growth was driven by new projects from key global OEMs and expanding presence across regions such as North America. Looking ahead, we aim to increase exports to 14–15% of consolidated revenue by FY28 through diversification and new customer additions. Our MoU with BOE Varitronix (Hong Kong), marks a strategic step in manufacturing 4W automotive displays in India. We are actively expanding our capabilities in Optical Cover Glass and automotive displays through this collaboration. These premium product additions will help increase kit value and strengthen our position as a one-stop decorative aesthetics solutions partner for OEMs. Strong cash generation during the quarter has resulted in a net cash position of Rs 1,588.8 million, ensuring adequate financial flexibility to support organic and inorganic growth initiatives. With a debt-free balance sheet, robust cash flow generation, and strong order visibility, SJS remains well positioned to sustain its growth trajectory, enhance market leadership, and create long-term value for all stakeholders” Result PDF
Auto Parts & Equipment company SJS Enterprises announced Q1FY26 results Revenue growth of 11.2% YoY to Rs 2,096.6 million, driven by 32.7% YoY growth in the two-wheeler (2W) segment and 13.8% YoY growth in the Passenger Vehicle segment 23rd consecutive quarter of outperformance, with 22.8% YoY growth in automotive business compared to 1.2% YoY growth in automotive industry (2W+PV) production volumes EBITDA grew 16.3% YoY to Rs 587.2 million, with EBITDA margins at 27.6%; margin expansion of 106 bps PAT increased 22.6% YoY to Rs 346.2 million, with a PAT margin of 16.5%; margins increased by 154 bps Generated strong cash flows during the quarter which resulted in a net cash position of Rs 1,311.4 million K. A. Joseph, Managing Director, SJS Enterprises, said, “We began FY2026 on a positive note, with Q1 reflecting strong demand across key vehicle segments, despite lower industry growth. We delivered our 23rd consecutive quarter of outperformance, an achievement that highlights our strong commitment to innovation and execution. In Q1FY26, we reported consolidated revenue of Rs 2,096.6 million, led by strong growth in the 2W and passenger vehicle segments. This performance reflects our continued focus on premiumization, new customer addition and deep customer engagement across both Indian and international markets. We continue to invest in future-ready infrastructure, with capacity expansion projects underway at Pune and Bangalore. These developments will strengthen our manufacturing footprint and enhance responsiveness to customer demands. This will reinforce our position as a trusted partner in the decorative aesthetics space. Looking ahead, we remain committed to driving innovation, expanding globally, enhancing efficiencies, delivering sustainable value, shaping the future of automotive aesthetics and building long-term value for all our stakeholders.” Sanjay Thapar, Executive Director & Group CEO, SJS Enterprises said, “Building on the positive momentum from the previous quarter, Q1 FY2026 showcased our robust performance as automotive business grew 22.8% YoY compared to 1.2% YoY growth in auto industry production volumes. Despite lower industry growth, SJS not only delivered strong revenue growth, but also achieved robust profitability margins, with EBITDA margins at 27.6% and PAT margins at 16.5%. Inorganic acquisitions have enabled SJS to have a more well-balanced sales pie with 2W at ~39%, PV at ~37% and ~24% is consumers & others. We added Hero MotoCorp as a marquee customer this quarter and have started supplies to them. We are confident, that in the long run we will be one of their preferred suppliers with significant share of business. Exports is one of our key focus areas. During the quarter, we secured new businesses in the US markets from Autoliv and Fiat Chrysler Automobiles. Company is consistently making efforts towards expanding its footprint in the North American market and the recent order wins from Stellantis, Whirlpool, FCA and Autoliv are a testament to this. Furthermore, strong cash generation during the quarter resulted in free cash flows of Rs 325.6 mn, with net cash standing at Rs 1,311.4 million. Our ability to convert ~101% of EBITDA into operating cash flows highlights our focus on operational efficiency, working capital management and disciplined capital allocation. Our strong balance sheet allows us to confidently pursue organic & inorganic strategic growth opportunities while maintaining financial stability. Looking ahead, we remain focused on accelerating organic growth by introducing new technology premium products, strengthening global relationships and maximizing efficiencies across our operations. With a strong financial position and disciplined execution, we are confident in our ability to drive consistent performance, expand our market presence, and deliver long-term value to all stakeholders.” Result PDF
Auto Parts & Equipment company SJS Enterprises announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue growth of 7.3% YoY to Rs 2,005.1 million, driven by 11.7% YoY growth in the passenger vehicle (PV) segment. 22nd consecutive quarter of outperformance, with 9.0% YoY growth in automotive business compared to 5.7% YoY growth in automotive industry (2W+PV) production volumes- The Company outperformed underlying automotive (2W+PV) industry growth by over 1.5x. EBITDA grew 6.6% YoY to Rs 528.0 million, with EBITDA margins at 26.1%. PAT increased 24.1% YoY to Rs 337.3 million, with a PAT margin of 16.8%. Bagged new orders from M&M;, Stellantis, Royal Enfield, TVS, Atomberg, Bajaj Auto, Samsung, Visteon among many others. Progressed on strategic capacity expansions, with the Optical Cover Glass facility at Hosur and expansion project at SJS Decoplast (erstwhile known as Exotech Plastics Pvt. Ltd.). ACMA awarded SJS with Certificates of Merit for Excellence in Manufacturing, Excellence in New Product Development and Excellence in ESG in March 2025. ESG performance improved, with CRISIL upgrading SJS’ ESG score. Addition of India’s largest 2-wheeler OEM – Hero MotoCorp to our list of marquee customers. Significantly increasing opportunities for growth in the 2W business. FY25 Financial Highlights: Strong revenue growth of 21.1% YoY to Rs 7,604.9 million, compared to 9.8% YoY production volume growth in the automotive market (2W+PV) – outperforming industry growth by over 2 times. EBITDA grew 27.1% YoY to Rs 2,032.0 million, with EBITDA margins at 26.4%. Margin expansion by 129 bps YoY. PAT grew 39.2% YoY to Rs 1,188.3 million. PAT margin improved by 203 bps to 15.6%. Domestic sales grew 21.4% YoY to Rs 7,037.0 million, driven by 28.4% YoY growth in PV business and 18.8% YoY growth in consumer business. Exports grew 17.6% YoY to Rs 567.9 million, contributing 7.5% to total consolidated revenue. Interest cost decreased from Rs 85.2 million in FY24 to Rs 56.4 million in FY25, due to repayment of debt. Consolidated ROE stood at 17.2% and ROCE at 25.7% for FY25. Strong free cash flow generation of Rs 1,232.9 million during FY25, with Net Cash(1) at Rs 991.7 million as on 31st March 2025. Company declared a final dividend payout of 25% of face value. K. A. Joseph, Managing Director & Co-Founder, SJS Enterprises, said: “We are pleased to conclude FY25 with another quarter of consistent performance, marking the 22nd consecutive quarter of SJS outperforming the underlying automotive industry growth. Our diversified product portfolio and focus on premium offerings have continued to strengthen our position across key customer segments. During the year, we achieved significant milestones, including surpassing Rs 2,000 million in quarterly revenue for the first time and maintaining strong profitability despite market headwinds. Our operational focus, coupled with prudent financial management, resulted in healthy cash flow generation and a strong net cash position at year-end. On the strategic front, our capacity expansion initiatives are progressing well, with the SJS Decoplast facility on track for commissioning in H1FY26 and work in progress for optical cover glass facility at Hosur. This will further enhance our manufacturing capabilities and support the growing demand for next-generation premium products. As we move into the next phase of growth, we remain committed to innovation, operational excellence, and building long-term value for all our stakeholders.” Sanjay Thapar, Executive Director & Group CEO, SJS Enterprises, said: “We are pleased to report another strong quarter of growth in Q4FY25, building on our consistent track record of outperforming the automotive industry. We are glad to announce the addition of Hero MotoCorp as a customer. We have secured significant orders from Hero in April 25, with this SJS is now a supplier to all major two-wheeler OEMs in the industry. This is a major milestone that reaffirms our leadership position in the market. Furthermore, we have seen strong progress in passenger vehicles and consumer segment, which have been key drivers of our overall growth. Our strong performance validates our strategic focus on premiumization and operational excellence. New generation products already contribute ~28% to our overall revenue. Our capacity expansion at SJS Decoplast and WPI and new product facility at Hosur will support our ability to meet growing demand and reinforce our leadership in the premium products space. We look forward to the new opportunities, these initiatives will unlock in the coming quarters. As we look ahead, our organic growth strategy remains focused on expanding our global footprint, deepening relationships with mega customers and introducing next-generation products. With our strong financial position, we are well placed to explore new opportunities of inorganic growth.” Result PDF
