SJS Enterprises (SJS) Q4 24/25 earnings summary

Executive summary

• Achieved 22nd consecutive quarter of outperformance, with Q4 FY25 revenue surpassing INR 2,000 million for the first time and strong growth outpacing industry benchmarks.

• Expanded marquee customer base, including Hero MotoCorp, and recognized with multiple awards for manufacturing, product development, ESG, and finance excellence.

• Strategic CapEx expansion underway, including new facilities, entry into the cover glass business, and capacity expansion at Pune and Hosur.

• Audited standalone and consolidated financial results for FY25 approved with an unmodified opinion from statutory auditors.

• Board recommended a final dividend of Rs. 2.50 per equity share for FY25, subject to shareholder approval.

Financial highlights

• Q4 FY25 consolidated revenue grew 7.3% Y-O-Y to INR 2,005.1 million; FY25 revenue up 21.1% Y-O-Y to INR 7,604.9 million.

• Q4 FY25 EBITDA rose 6.6% Y-O-Y to INR 528 million (margin 26.1%); FY25 EBITDA up 27.1% to INR 2,032 million (margin 26.4%).

• Q4 FY25 PAT increased 24.1% Y-O-Y to INR 337.3 million; FY25 PAT up 39.2% Y-O-Y to INR 1,188.3 million (PAT margin 15.6%).

• Free cash flow for FY25 at INR 1,232.9 million; net cash balance of INR 991.7 million.

• Standalone revenue for FY25 was INR 3,980.05 million; standalone net profit was INR 919.93 million.

Outlook and guidance

• Order book covers over 85% of forecasted FY26 revenues; expects to outperform industry growth by 2x in FY26, driven by premiumization, new product launches, and mega OEM accounts.

• Targeting export revenue share of 14%-15% by FY28, up from 7.5% in FY25.

• CapEx plans of INR 150 crore for FY26, with INR 220 crore over three years; cover glass facility commissioning expected by end of FY26.

• Dividend of Rs. 2.50 per share recommended for FY25, reflecting confidence in future performance.

• No material impact anticipated from ongoing tax proceedings as per management assessment.