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, driven by strong growth in the passenger vehicle segment and prudent financial management.

• Added Hero MotoCorp as a major customer in April 2025, opening significant new business opportunities and reinforcing market leadership in the two-wheeler segment.

• Continued focus on innovation, premiumization, and expanding product portfolio, with new generation products now contributing 28% of total revenue in FY25.

• Recognized with multiple awards for excellence in manufacturing, new product development, ESG, and finance.

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

Financial highlights

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

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

• Q4 PAT increased 24.1% Y-O-Y to INR 337.3 million (margin 16.8%); full-year PAT up 39.2% to INR 1,188.3 million (margin 15.6%).

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

• Declared a final dividend of 25% of face value, or Rs. 2.50 per share, for FY25.

Outlook and guidance

• Order book covers over 85% of forecasted FY26 revenues, supporting robust growth visibility.

• Targeting export revenue share of 14%-15% by FY28, up from 7.5% in FY25, through expansion into new geographies and product lines.

• Aims to outperform industry growth by 2x in FY26, leveraging premiumization and new product introductions.

• CapEx of INR 40-45 crore planned for FY26 to expand Bangalore plant capacity; cover glass business to be commissioned by end-FY26.

• Plans to maintain robust EBITDA margins and strong cash flow generation in FY26.