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Earnings Call Transcript

SJS Enterprises Earnings Call Transcript: Key Takeaways

SJS reported record Q1 FY27 revenue and profit, significantly outperforming the automotive industry. A one-time gain from a facility sale inflated Net Profit, but underlying EBITDA remained robust at 30%.

Guidance and delivery
Management target Revenue 100.0% 3-4 years
Highlights
Revenue growth24.5% YoY growth driven by PV segment and robust exports.
MarginsEBITDA margin expanded to 30% due to favorable product mix.
Order bookRobust order book with wins from Mahindra, Tata, and TVS.
Demand visibilityStrong visibility through record order book and premiumization trends.
Management confidenceHighly confident, emphasizing consistent 27-quarter industry outperformance.

Growth

Revenue grew 24.5% YoY, led by a 45.4% surge in passenger vehicles and 83.2% export growth.

Outlook

Management reiterated guidance to outperform the automotive industry by 1.5x to 2x in FY27.

Risks

Input cost inflation impacted gross margins by 50-60 bps; analyst-flagged PV industry softness in Q1.

Last quarter's promises, checked

Delivered

  • Outperform industry by 1.5x-2x → Outperformed (24.5% vs 11.4% industry) (= BEAT)
  • Commission Pune chrome plating facility → Commissioned in Q1 (= BEAT)
  • Maintain 27-28% long-term EBITDA margin → Delivered 30% (= BEAT)

Partly delivered

  • Export revenue share 14-15% by FY28 → 83.2% YoY growth but share still scaling (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: SJS. Summary written with AI assistance from the document.

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SJS Enterprises Ltd: key numbers

Share price
₹2,317.60
Market cap
₹7,474 Cr
Revenue (annual)
₹955.1 Cr
Net profit (annual)
₹170.7 Cr
P/E (TTM)
35.5×Sector 33.6×
Promoter holding
20.15%-1.00% QoQ
FII holding
14.67%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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