S.J.S. Enterprises reported its strongest quarter since listing, with revenues and profits reaching new heights amid sustained demand for premium automotive aesthetics and strategic expansion initiatives.
S.J.S. Enterprises reported its strongest quarter since listing in the three months to June, with revenue and profit both hitting records as demand for premium automotive aesthetics remained firm. The company said sales rose 24.5% year on year to Rs 261 crore, helped by stronger passenger vehicle volumes, higher exports and a richer product mix. Trade Brains reported that this was the 27th consecutive quarter in which the company outpaced industry growth.
Operating performance improved even faster. Earnings before interest, tax, depreciation and amortisation climbed 36.2% to Rs 79.96 crore, lifting the margin to 30% from 27.6% a year earlier. Net profit jumped 115% to Rs 74.42 crore, though the figure included a one-off post-tax gain of Rs 24.17 crore from the sale of its former Bengaluru plant. Excluding that item, normalised profit still rose 45.2% to Rs 50.25 crore, according to the company’s quarterly disclosure.
The latest figures extend a run of steady expansion. In the same quarter a year earlier, ICICI Direct noted that S.J.S. had already delivered a 23rd straight period of automotive outperformance, with vehicle-related revenue growing faster than the wider industry and margins improving. For the full 2025-26 financial year, market data cited by trade publications showed revenue up 25.6% and profit after tax up 44.6%, underlining the scale of the business’s recent growth.
Balance-sheet strength remained another selling point. The company ended June with cash and cash equivalents of Rs 338.1 crore and a net cash position of Rs 328.8 crore, while remaining debt-free. Return on equity stood at 20.3% and return on capital employed at 37.2%, levels that point to efficient use of capital. Earlier reports from brokers had already highlighted S.J.S. as a cash-generative business, with net cash and ongoing capacity additions in Pune and Bengaluru.
Management is also broadening the business. The board approved the creation of a wholly owned subsidiary for the Cover Glass & Display unit, while the company said it had bought the remaining 9.9% stake in WPI to make that business a full subsidiary. S.J.S. also said its in-house research centre won recognition from the Department of Scientific and Industrial Research, its ESG score from CareEdge reached 75.6 and a new Pune plant began commercial operations in August 2026. With India’s auto component sector expected to benefit from premiumisation, localisation and export growth, according to industry estimates cited by the company, S.J.S. is positioning itself for further expansion.
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