Ambuja Cements PAT Soars 364% to ₹2,302 Cr in Q2 FY26, Stock Up 2.14%
03 Nov 2025
SJS Enterprises Q2 FY26 financial results analysis with record performance highlights
₹ 1,632
+1.10% increased today
03 Nov - close price
Financial Performance Overview
Bengaluru, India, November 3, 2025: SJS Enterprises Limited, one of India's leading companies in the decorative aesthetics industry, announced its unaudited consolidated financial results for the quarter and half year ended 30th September 2025, delivering a record-breaking performance.
Key Financial Highlights (Q2 FY26 - Consolidated)
Revenue
₹241.76 Cr
+25.4% YoY
EBITDA
₹72.84 Cr
+40.9% YoY
Net Profit (PAT)
₹43.27 Cr
+48.4% YoY
EBITDA Margin
29.6%
+3.4 pp YoY
PAT Margin
17.9%
+2.8 pp YoY
Net Cash Position
₹158.88 Cr
Quarterly Performance Comparison (Consolidated)
| Financial Metric | Q2 FY26 | Q2 FY25 | YoY Change | Performance |
|---|---|---|---|---|
| Revenue (₹ Cr) | 241.76 | 192.80 | +25.4% | Excellent |
| EBITDA (₹ Cr) | 72.84 | 51.70 | +40.9% | Outstanding |
| PAT (₹ Cr) | 43.27 | 29.15 | +48.4% | Exceptional |
| EBITDA Margin | 29.6% | 26.2% | +3.4 pp | Strong |
| PAT Margin | 17.9% | 15.1% | +2.8 pp | Excellent |
Management Commentary
MD Statement - Mr. K. A. Joseph
CEO Statement - Mr. Sanjay Thapar
"Q2 FY2026 performance is an inflection point for SJS. Our strategic initiatives and strong execution have led to SJS achieving business results in Q2FY26 almost equal to our annual performance of FY21. What SJS once achieved in a full year, we now deliver in a single quarter."
"We also achieved our highest-ever exports revenue of ₹23.19 Cr, contributing 9.6% of consolidated revenue in Q2FY26. This strong growth was driven by new projects from key global OEMs and expanding presence across regions such as North America. Looking ahead, we aim to increase exports to 14–15% of consolidated revenue by FY28 through diversification and new customer additions."
"Our MoU with BOE Varitronix (Hong Kong), marks a strategic step in manufacturing 4W automotive displays in India. We are actively expanding our capabilities in Optical Cover Glass and automotive displays through this collaboration. These premium product additions will help increase kit value and strengthen our position as a one-stop decorative aesthetics solutions partner for OEMs."
"Strong cash generation during the quarter has resulted in a net cash position of ₹158.88 Cr, ensuring adequate financial flexibility to support organic and inorganic growth initiatives. With a debt-free balance sheet, robust cash flow generation, and strong order visibility, SJS remains well-positioned to sustain its growth trajectory, enhance market leadership, and create long-term value for all stakeholders."
Business Segment Performance
Segment-wise Growth (YoY)
Two-Wheeler (2W)
+44.3%
Strong demand
Passenger Vehicle (PV)
+16.5%
Steady growth
Consumer Segment
+16.0%
Consistent performance
Exports
+40.9%
Record high
Exports Contribution
9.6%
Of total revenue
Industry Outperformance
24th Quarter
Consecutive
Strategic Initiatives & Growth Drivers
Key Business Developments
Stock Performance & Key Metrics
SJS Enterprises Stock Analysis
Market Cap
₹5,125 Cr
Current Price
₹1,632
52W High / Low
₹1,645 / ₹808
Stock P/E
37.0
Industry P/E
33.0
Book Value
₹216
Dividend Yield
0.15%
ROCE
22.8%
ROE
18.9%
Face Value
₹10.0
EPS
₹44.2
Debt to Equity
0.05
Total Debt
₹37.2 Cr
Awards & Recognitions
Recent Accolades
About SJS Enterprises Limited
Company Overview
SJS Enterprises Limited is one of India's leading companies in the decorative aesthetics industry, providing comprehensive aesthetic solutions across automotive, consumer electronics, and other industrial segments.
🎯 Business Highlights
Overall Performance Assessment: SJS Enterprises delivered an exceptional Q2 FY26 performance with 25.4% revenue growth and 48.4% PAT growth, marking its 24th consecutive quarter of outperforming the automotive industry. The company achieved record revenue and profits, driven by strong demand across two-wheeler (44.3% growth) and passenger vehicle segments (16.5% growth). With improved profitability margins, strong cash generation leading to a net cash position of ₹158.88 Cr, and strategic initiatives including the BOE Varitronix partnership for automotive displays, SJS is well-positioned for sustained growth. The stock trades at a P/E of 37.0, slightly above the industry average of 33.0, reflecting market confidence in its growth trajectory and premium positioning in the decorative aesthetics space.
"Building on the strong momentum from the previous quarter, Q2 FY2026 was a milestone period for SJS. The Company delivered its highest-ever consolidated revenue and profits during the quarter, supported by strong demand across both 2W and PV segments."
"SJS delivered its 24th consecutive quarter of industry outperformance, with revenue rising 25.4% YoY to ₹241.76 Cr, led by 44.3% growth in 2W, 16.5% growth in PV and 16% YoY growth in Consumer segment. EBITDA margin was at 29.6% and PAT margin at 17.9%."
"Our enhanced profitability is a reflection of better product mix, operational excellence, and disciplined execution. This performance demonstrates the success of our business diversification strategy and strong OEM partnerships, reinforcing our position as a trusted premium aesthetics solutions provider. With a solid order book and clear strategy, SJS is well-positioned to achieve greater heights and set new benchmarks in the coming quarters."