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