Summary of Q2 SJS Enterprises
Financial Highlights
- Record Revenue: Achieved quarterly revenue of ₹1,927.9 million, reflecting an 18.1% year-over-year (YoY) growth. This increase was primarily driven by strong performance in the passenger vehicles (PV) and consumer segments, as well as a significant rise in exports, which grew by 54.7% YoY.
- Enhanced Profitability: EBITDA margins improved by 370 basis points YoY, reaching 26.6%. This enhancement is attributed to higher sales volumes and operational efficiencies.
- Debt Elimination: The company repaid a term loan of ₹300 million in the first half of FY25, resulting in a debt-free status and a net cash position of ₹388.8 million.
Operational Highlights
- Industry Outperformance: SJS’s automotive segment growth outpaced the combined two-wheeler and passenger vehicle industry by 1.8 times, marking the 20th consecutive quarter of such outperformance.
- Product Innovation: Continued focus on developing new-age products, including illuminated logos, optical cover glass, and in-mold electronics (IME), catering to the increasing premiumization in consumer markets.
Strategic Initiatives
- Capacity Expansion: Initiated capital expenditures for capacity growth at Exotech, with plans to commission a new plant by the first quarter of FY26. Additionally, invested in green energy through 3MW solar power projects to enhance operational efficiency.
- Export Growth: Strengthened international presence by securing new accounts and projects, particularly in North America, South America, and Europe.
- Customer Base Expansion: Focused on growing major accounts by diversifying product offerings and exploring cross-selling opportunities within established relationships.
Environmental, Social, and Governance (ESG) Initiatives
- Environmental Efforts: Increased renewable energy usage to 74% in production processes and achieved a 26% reduction in carbon emissions.
- Social Initiatives: Undertook corporate social responsibility activities, including vocational training for underprivileged women and health support for rural communities.
- Governance Standards: Maintained ISO 50001 certification and a comprehensive risk management framework to ensure sustainability and compliance.
These developments underscore SJS Enterprises’ robust performance and strategic focus during Q2 FY25.
sjs investor ppt.pdf (4.1 MB)
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