SJS Enterprises (SJS) Q1 26/27 earnings summary

Executive summary

• Achieved highest-ever quarterly revenue of Rs 2,610.0 million in Q1FY27, up 24.5% year-over-year, with 27 consecutive quarters of outperformance versus the automotive industry.

• Automotive business grew 32.4% YoY, outpacing the industry’s 21.7% growth, driven by strong passenger vehicle and export performance.

• Board approved new wholly owned subsidiaries for cover glass, displays, and manufacturing, including investment up to INR 100 million.

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

• Strategic milestones included new customer wins, capacity expansion, and recognition for R&D and ESG initiatives.

Financial highlights

• Consolidated revenue reached Rs 2,610.0 million, up 24.5% YoY; EBITDA rose 36.2% to Rs 799.6 million with margin at 30%.

• Profit after tax was Rs 744.2 million, up 115% YoY, including a one-time gain from asset sale; normalised PAT (excluding exceptional gain) rose 45.2% to Rs 502.5 million.

• Exports grew 83.2% YoY, contributing 9.8% of consolidated revenue.

• Free cash flow to firm as of June 30, 2026: Rs 837.5 million; net cash position: Rs 3,287.7 million.

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

Outlook and guidance

• Confident in sustaining growth momentum, aiming to outperform the automotive industry by 1.5x to 2x in FY27, with over 88% of FY27 forecasted revenue in the order book.

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

• Focused on innovation, premiumization, expanding product portfolio, and global market penetration.

• Plans to maintain robust EBITDA margins and strong cash flow generation.