SJS Enterprises (SJS) Q1 26/27 earnings summary

Executive summary

• Achieved highest-ever quarterly revenue of INR 2,610 million in Q1 FY27, up 24.5% YoY, driven by strong growth in automotive and exports, and robust profitability.

• Outperformed the automotive industry for the 27th consecutive quarter, with automotive business growing 32.4% YoY versus industry growth of 21.7%.

• Strategic milestones include new orders from major OEMs, capacity expansion, new wholly owned subsidiaries, and recognition for R&D and ESG initiatives.

• Acquisition of the remaining 9.9% equity in Walter Pack Automotive Products India Pvt Ltd (WPI), making it a wholly owned subsidiary.

• Board approved incorporation of a new wholly owned subsidiary for cover glass and display business, with investment up to INR 100 million.

Financial highlights

• Revenue: INR 2,610 million, up 24.5% YoY; EBITDA: INR 799.6 million, up 36.2% YoY; EBITDA margin: 30%.

• Profit after tax: INR 744.2 million, up 115% YoY; PAT margin at 28.5%; adjusted PAT (excluding one-time gain): INR 502.5 million, up 45.2% YoY; adjusted PAT margin at 19.3%.

• Exports grew 83.2% YoY to INR 255.8 million, contributing 9.8% of revenue.

• Free cash flow: INR 838 million; net cash position: INR 3,287.7 million as of June 30, 2026.

• Dividend of INR 3.50 per share declared, totaling INR 112.02 million.

Outlook and guidance

• Expects to outperform the automotive industry by 1.5x to 2x in FY27, with over 88% of FY27 forecasted revenue already in the order book.

• Targeting export contribution of 14%-15% of consolidated revenue by FY28.

• Continued investment in innovation, manufacturing, and technology to drive long-term growth; new cover glass and display facility to begin sales in Q2 FY28.

• Focus on new product development, capacity expansion, and global market penetration.