S.J.S. Enterprises Ltd
P&L
Quarterly Consolidated
vs Q2 FY26
S.J.S. Enterprises Ltd Reports Record-Breaking Q3 & 9M FY2026 Earnings, Outperforms Automotive Industry
28 Jan 2026 · 28 Jan, 3:42 pm
Summary
S.J.S. Enterprises Ltd, a leading company in the decorative aesthetics industry, has announced its unaudited consolidated financial results for the quarter and nine months ended 31° December, 2025. The company reported a robust revenue growth of 36.4% YoY in Q3 FY2026, driven by a 48.7% YoY growth in the two-wheeler (2W) segment and 43.5% YoY growth in the Passenger Vehicle segment. SJS outperformed the automotive industry for the 25th consecutive quarter with a 46.0% YoY growth in automotive business compared to 15.7% YoY growth in automotive industry (2W+PV) production volumes.
Key Highlights
- 1
Revenue growth of 36.4% YoY to Rs. 2,435.3 Mn
- 2
25th consecutive quarter of outperformance, with 46.0% YoY growth in automotive business
- 3
EBITDA stood at Rs 756.4 mn, registering a YoY growth of 56.9%
- 4
PAT was Rs 450.4 mn, growing 62.5% YoY
- 5
Highest ever quarterly exports revenue at Rs 283.1 Mn; growth of 146.2% YoY
- 6
Strong cash flows during Q3FY26, resulting in a net cash position of Rs. 2,030.1 mn
- 7
Added a new customer, Raptee, an EV-focused 2-wheeler customer and Urban Company for water purifiers
- 8
Exports grew 55.6% YoY to Rs. 655.9 Mn
- 9
Robust return rations with ROCE at 34.0% and ROE at 19.8%
- 10
During 9MFY26, the company achieved strong free cash flows of Rs. 975.9 Mn
Management Comments
Mr. K. A. Joseph
Managing Director, SJS Enterprises Limited
We are pleased to report another strong quarter, with SJS achieving its highest-ever quarterly revenue of Rs 2,435.3 mn in Q3 FY26, reflecting a robust 36.4% YoY growth. This was driven by disciplined execution and strong performance in the two-wheeler and passenger vehicle segments, which grew by 48.7% and 43.5% YoY, significantly outpacing industry growth. Our focus on premiumisation, capacity expansion, and expanding global footprint continues to deliver results. Progress on our capacity expansion projects, including the upcoming greenfield facility in Hosur for optical cover glass and display systems, positions us well to capitalise on emerging opportunities.
Mr. Sanjay Thapar
Executive Director & Group CEO, SJS Enterprises Limited
Q3 FY26 has been another strong quarter for SJS Enterprises, reflecting the successful execution of our growth strategy. We recorded our highest-ever quarterly revenue of 2 2,435.3 mn, representing a robust 36.4% YoY growth. This performance was complemented by record profitability, with EBITDA of 3756.5 mn (30.5% margin) and PAT of 2450.4 mn (18.5% margin), marking the highest quarterly margins since IPO. During the quarter, we also achieved our highest-ever export revenue of 2283.1 mn, growing 146.2% YoY, driven by increased international presence and deeper engagement with existing customers. With such robust performance, we remain confident of achieving our FY28 target of 14-15% export revenue share. Additionally, our Technology License-cum-Supply Agreement with BOE Varitronix Limited for optical bonding and assembly of automotive display systems in India marks our foray in a new vertical which is slated for rapid growth. As a result, the Future Kit value for PVs will increase to 5 — 8 times as against 4-6 times of the Legacy Kit value earlier. Looking ahead, innovation, operational excellence, and sustainability will drive our strategy as we continue to lead in premium aesthetics and display technologies. We are well positioned to outperform industry growth while maintaining best-in-class margins and delivering long-term stakeholder value.
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