Automotive segment growth (Q4)
41%
+22.1pp YoY
Outpaced industry production volume growth of 18.9% by more than 2x.
SJSENTERPRISES
Diversified
07 May 2026
SJS Enterprises Ltd — Q4 FY26
SJS Enterprises delivered a record Q4 FY26 with consolidated revenue of ₹260.1 crore (+29.7% YoY), EBITDA of ₹87.7 crore (+53% YoY, margin 30.3%), and PAT of ₹48.9 crore (+44.9% YoY).
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
SJS Enterprises delivered a record Q4 FY26 with consolidated revenue of ₹260.1 crore (+29.7% YoY), EBITDA of ₹87.7 crore (+53% YoY, margin 30.3%), and PAT of ₹48.9 crore (+44.9% YoY). Growth was driven by automotive segment outperformance (41% YoY vs industry 18.9%), strong export growth (+74.6% YoY), and premiumization. New generation products contributed 24% of revenue. Management guided for 1.5x-2x industry outperformance in FY27, with order book covering >85% of forecasted revenue. Capex of ₹220-270 crore over three years is underway for capacity expansion and optical display facility (BOE partnership). Key risk: input cost inflation (crude/polymer) could pressure margins if pass-through lags.
Key Numbers
Export revenue (Q4)
₹25.6 crore
+74.6% YoY
Record quarterly exports driven by deeper penetration and new geographies.
New generation products share
24%
+8pp YoY
Validates premiumization strategy; management targets 25-30% over 5 years.
Order book coverage (FY27)
>85%
N/A
Provides strong revenue visibility for FY27; supports 1.5x-2x industry outperformance guidance.
Management Guidance
FY27 revenue growth: 1.5x-2x industry outperformance
Management expects to outperform underlying automotive industry growth by 1.5x to 2x in FY27, supported by strong order book (>85% of forecasted revenue).
Management guidance growthExport revenue target: 14-15% of consolidated revenue by FY28
Management aims to increase export share from current ~9% to 14-15% by FY28 through deeper penetration and new geographies.
Management guidance growthCapex plan: ₹220-270 crore over three years (FY26-28)
Includes ₹45 crore for Bangalore expansion, ₹100 crore for chrome plating greenfield, and ~₹65 crore for optical display facility. ~₹80 crore spent in FY26.
Management guidance capexOptical display facility: supplies expected early FY28
Hosur plant ready, equipment on order; trials in Q2 FY27, commercial supplies targeted early FY28. Fully integrated (cover glass, bonding, backlight).
Management guidance expansionKey Risks
Input cost inflation (crude/polymer)
Rising crude oil prices increase polymer costs; management noted pass-through typically has a one-quarter lag, which could temporarily compress margins.
medium · analyst_questionConsumer durables segment weakness
WPI (consumer durables) revenue declined YoY due to product rationalization; recovery expected in 1-2 quarters but poses near-term drag.
medium · data_observationGlobal macroeconomic uncertainty
Multiple ongoing wars and tariff uncertainties could impact export demand or supply chains; management acknowledged but expressed confidence in resilience.
low · management_commentaryExecution risk on new capacity ramp-up
Large capex plan (₹220-270 crore) and new technology (optical display) carry execution risk; delays in commissioning or customer adoption could impact growth.
medium · analyst_questionNotable Quotes
We expect to outperform underlying industry growth by 1.5x to 2x in FY27.
Our focus really is to be honest our benchmark is more than 25% margin is what we focus on.
We are working towards increasing share of exports in our consolidated revenue to 14 to 15% by FY28.
Frequently Asked Questions
What was SJS Enterprises's revenue in Q4 FY26?
SJS Enterprises reported revenue of ₹260 Cr in Q4 FY26, representing a +29.7% change compared to the same quarter last year.
What guidance did SJS Enterprises management give for FY27?
FY27 revenue growth: 1.5x-2x industry outperformance: Management expects to outperform underlying automotive industry growth by 1.5x to 2x in FY27, supported by strong order book (>85% of forecasted revenue). Export revenue target: 14-15% of consolidated revenue by FY28: Management aims to increase export share from current ~9% to 14-15% by FY28 through deeper penetration and new geographies. Capex plan: ₹220-270 crore over three years (FY26-28): Includes ₹45 crore for Bangalore expansion, ₹100 crore for chrome plating greenfield, and ~₹65 crore for optical display facility. ~₹80 crore spent in FY26. Optical display facility: supplies expected early FY28: Hosur plant ready, equipment on order; trials in Q2 FY27, commercial supplies targeted early FY28. Fully integrated (cover glass, bonding, backlight).
What are the key risks for SJS Enterprises in FY27?
Key risks include Input cost inflation (crude/polymer) — Rising crude oil prices increase polymer costs; management noted pass-through typically has a one-quarter lag, which could temporarily compress margins.; Consumer durables segment weakness — WPI (consumer durables) revenue declined YoY due to product rationalization; recovery expected in 1-2 quarters but poses near-term drag.; Global macroeconomic uncertainty — Multiple ongoing wars and tariff uncertainties could impact export demand or supply chains; management acknowledged but expressed confidence in resilience.; Execution risk on new capacity ramp-up — Large capex plan (₹220-270 crore) and new technology (optical display) carry execution risk; delays in commissioning or customer adoption could impact growth..
Did SJS Enterprises meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full SJS Enterprises Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.