SJS

S.J.S. Enterprises share price & financials

Price
₹2,215.3
Market cap
₹7.7k Cr
Sector
Automobile and Auto Components
Calls analysed
7
Latest concall · Q1 FY27 · call held 07 Aug 2026

S.J.S. Enterprises Limited Q1 FY27

Revenue 2,610 mn +25%EBITDA 799.6 mn +36%EBITDA Margin 30% PAT 744.2 mn +115%

What went well

  • Revenue reached a record ₹2,610 mn, marking a 24.5% YoY growth, driven by robust 45.4% growth in the passenger vehicle segment and strong exports.
  • EBITDA margin expanded by 239 bps to 30%, with EBITDA at ₹799.6 mn, reflecting favorable product mix and operational excellence.
  • Adjusted PAT (excluding one-time gain) increased by a healthy 45.2% to ₹502.5 mn, achieving the highest profitability since IPO.

What to watch

  • QoQ decline in PV segment revenue due to industry-wide slowdown and lower offtake in the final market, though YoY growth remains strong.
  • Potential impact of 0.5-0.6% on profitability from higher input costs, though management stated ability to pass on with some lag.
Read the full call →

What S.J.S. Enterprises Limited does

S.J.S. Enterprises makes premium aesthetics products such as decals, appliques/dials, overlays, 3D logos, aluminium badges, in-mould decoratives (IMD/IML), optical plastics and lens mask covers that are fitted onto vehicles and consumer durables to enhance look and feel. It earns by supplying these branded, design-led components as a tier-1/tier-2 partner to two-wheeler, passenger-vehicle and consumer-durable OEMs, combining in-house design and R&D with in-house manufacturing. Growth has come both organically, through premiumisation (higher-value content per vehicle) and new customer/geography additions, and inorganically through acquisitions (SJS Decoplast, Walter Pack India) that added chrome-plating and IMD/IML/IMF capabilities. It also has a technology-licensing tie-up with BOE Varitronix for optical bonding and assembly of automotive display systems in India.

Segments

  • SJS (standalone)
  • SJS Decoplast
  • Walter Pack India (WPI)
Manufacturing facilities
4 (Bengaluru, 2 in Pune, Manesar/Gurugram) + 1 under construction in Hosur
Total employees (workforce)
~2,300–2,730
Countries served/exported to
22
Customer locations served
220+
Product offerings across end segments
14 offerings across 7 end segments
SKUs (FY25)
12,200+
Founded 1987Headquarters Bengaluru, Karnataka, IndiaEmployees 2,730 (FY25 (Annual Report)) Company website

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 6 delivered 1 missed 12 open
  • Industry Growth Outperformance Factor delivered said Q4 FY25 Promised: about two times this year Q1 FY27: Promise related to FY26 and was previously achieved.
  • Renewable Energy Share went quiet said Q2 FY26 Promised: approximately 60% Q1 FY27: No update provided on the final FY26 renewable energy share.
  • Cover Glass Revenue Start delayed said Q3 FY25 Promised: stream maybe towards the end of FY26 Q1 FY27: Sales out of this new plant will come in Q2 of next year. This is what is for FY28.

All 19 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 24.3%, net profit up 111.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue193 179 201 210 242 +25%244 +36%260 +29%261 +24%
EBITDA50 45 51 56 68 +36%71 +58%75 +47%75 +34%
Net profit29 28 34 35 43 +48%45 +61%49 +44%74 +111%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +69.0% 1Y

₹1.5k₹2.0k₹2.5kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 4 Nov 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 6 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹1,393.1 on 10 Sept 2025 → ₹2,354. High ₹2,561.7 (24 Aug 2026), low ₹1,393.1 (10 Sept 2025).

How the price took the results

close before → close after

Q1 FY27
+0.3%
7 Aug
Q4 FY26
+3.4%
6 May
Q3 FY26
−2.4%
29 Jan
Q2 FY26
+6.0%
4 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 30.2% a year over 3 years, FY23 to FY26. Operating margin widened to 28.2%.

Year endingFY23FY24FY25FY26
Revenue₹433 Cr₹628 Cr₹762 Cr₹956 Cr
Operating profit₹107 Cr₹152 Cr₹195 Cr₹270 Cr
Operating margin24.7%24.2%25.6%28.2%
Interest₹3 Cr₹9 Cr₹6 Cr₹4 Cr
Depreciation₹24 Cr₹39 Cr₹45 Cr₹54 Cr
Net profit₹67 Cr₹85 Cr₹119 Cr₹172 Cr
Net margin15.5%13.5%15.6%18.0%
ROCE21.0%22.0%23.0%29.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY22FY23FY24FY25FY26
Equity capital₹30 Cr₹30 Cr₹31 Cr₹31 Cr₹32 Cr
Reserves₹330 Cr₹399 Cr₹520 Cr₹722 Cr₹836 Cr
Borrowings₹29 Cr₹30 Cr₹84 Cr₹34 Cr₹23 Cr
Other liabilities₹66 Cr₹77 Cr₹151 Cr₹209 Cr₹210 Cr
Total liabilities₹456 Cr₹537 Cr₹785 Cr₹996 Cr₹1.1k Cr
Fixed assets₹207 Cr₹199 Cr₹475 Cr₹416 Cr₹404 Cr
Capital work in progress₹0 Cr₹2 Cr₹2 Cr₹34 Cr₹60 Cr
Investments₹78 Cr₹139 Cr₹40 Cr₹155 Cr₹229 Cr
Other assets₹170 Cr₹198 Cr₹269 Cr₹391 Cr₹409 Cr
Total assets₹456 Cr₹537 Cr₹785 Cr₹996 Cr₹1.1k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs added +5.69 pp while FIIs trimmed −2.24 pp. The shareholder count grew 14% to 74,050.

Promoters
20.1%
FIIs
14.7%
DIIs
34.0%
Public
31.1%

Since Jun 2025

  • DIIs +5.69 pp
  • FIIs −2.24 pp
  • Public −1.99 pp

How it drifted, 12 quarters

Over this window DIIs went from 30.5% to 34.0% — +3.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 21.8%, FIIs 14.3%, DIIs 30.5%, Public 33.4%.Dec '23: Promoters 21.8%, FIIs 12.8%, DIIs 31.9%, Public 33.4%.Mar '24: Promoters 21.8%, FIIs 15.1%, DIIs 32.1%, Public 31.0%.Jun '24: Promoters 21.8%, FIIs 15.9%, DIIs 31.8%, Public 30.5%.Sep '24: Promoters 21.8%, FIIs 16.7%, DIIs 30.1%, Public 31.4%.Dec '24: Promoters 21.6%, FIIs 16.6%, DIIs 28.5%, Public 33.3%.Mar '25: Promoters 21.6%, FIIs 16.9%, DIIs 28.9%, Public 32.6%.Jun '25: Promoters 21.6%, FIIs 16.9%, DIIs 28.4%, Public 33.1%.Sep '25: Promoters 21.6%, FIIs 16.1%, DIIs 30.1%, Public 32.3%.Dec '25: Promoters 21.2%, FIIs 16.9%, DIIs 29.1%, Public 32.8%.Mar '26: Promoters 21.1%, FIIs 15.7%, DIIs 31.1%, Public 32.1%.Jun '26: Promoters 20.1%, FIIs 14.7%, DIIs 34.0%, Public 31.1%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 2 holders trimming and 3 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of S.J.S. Enterprises Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Kannampadathil Abraham Joseph 19.90%−1.00 pp
Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Small Cap Fund Mutual fund5.67%+0.75 pp
Sundaram Mutual Fund A/C Sundaram Small Cap Fund Mutual fund4.88%+0.91 pp
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund Mutual fund4.50%+0.09 pp
Goldman Sachs Funds - Goldman Sachs India Equity P Global fund house3.41%−0.56 pp
HDFC Mutual Fund - HDFC Childrens Fund Mutual fund2.80%+0.26 pp
Motilal Oswal Long Term Equity Fund Mutual fund2.67%newly disclosed
Union Small Cap Fund Mutual fund1.92%unchanged
Whiteoak Capital Flexi Cap Fund Mutual fund1.32%+0.20 pp
Pinebridge Global Funds - Pinebridge India Equity Fund FPI fund1.30%unchanged
Hemantkumar Hasmukhrai Amin 1.13%unchanged
Bajaj Finserv Small Cap Fund Mutual fund1.01%newly disclosed

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in SJS

Filings to Jul 2026

0 new, 0 added, 1 trimmed, 0 sold out — net −0.22 L shares (−2.5%).

Held by funds
₹209 Cr
2 schemes
Biggest holder
HDFC Children's Fund
₹173 Cr · 1.6% of that fund
SchemeHoldingLast month
HDFC Children's Fund HDFC Mutual Fund₹173 Crheld
HDFC Transportation and Logistics Fund HDFC Mutual Fund₹36 Cr−0.22 L

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Jul 2026

0 added, 1 trimmed — net −22,362 shares (−2.5%)

Funds are sitting on
+32%
vs est. average cost
Held by funds
₹209 Cr
2 schemes · ≈ 2.5% of the company
Biggest holder
HDFC Children's Fund
₹173 Cr · 1.6% of that fund

Shares held by these funds +253%

Sep '25 8.73 L shares Jul '26

What the price assumes

Attractive

To justify its price of ₹2354, this stock must grow earnings at 27% every year for 7 years. Our analysis caps realistic growth at ~35%. At that growth it is worth ₹3366 — upside of 43%.

Growth the price implies
27.2% a year
for 7 years, fading to 4%
It has actually compounded at
36.9% a year
net profit, FY23–FY26 · EPS 34.6%
The gap
-0.1 pp
43% downside if it only repeats history
Price today ₹2,354 Value at the reference growth ₹3,366.47

Change the assumptions yourself →

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse S.J.S. Enterprises Limited

Guides on how to read this kind of business and the numbers that matter.