S J S Enterprises Ltd
SJS Enterprises Ltd. (SJS) is one of the leading players in the Indian decorative aesthetics industry in terms of revenue. It offers a "design-to-delivery" aesthetics solutions provider with the ability to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries.[1]
- Market Cap ₹ 5,687 Cr.
- Current Price ₹ 1,780
- High / Low ₹ 1,798 / 808
- Stock P/E 41.0
- Book Value ₹ 240
- Dividend Yield 0.14 %
- ROCE 22.8 %
- ROE 18.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 7.33 times its book value
- Promoter holding is low: 21.6%
- Promoter holding has decreased over last 3 years: -28.8%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 370 | 433 | 628 | 760 | 830 | |
| 275 | 326 | 475 | 565 | 610 | |
| Operating Profit | 95 | 107 | 153 | 196 | 221 |
| OPM % | 26% | 25% | 24% | 26% | 27% |
| 4 | 10 | 8 | 8 | 12 | |
| Interest | 3 | 3 | 9 | 6 | 4 |
| Depreciation | 22 | 23 | 39 | 45 | 49 |
| Profit before tax | 74 | 91 | 113 | 153 | 180 |
| Tax % | 26% | 26% | 24% | 22% | |
| 55 | 67 | 85 | 119 | 139 | |
| EPS in Rs | 18.08 | 22.09 | 27.33 | 37.61 | 44.21 |
| Dividend Payout % | 20% | 0% | 7% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| TTM: | 33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 56% |
| 1 Year: | 52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 30 | 30 | 31 | 31 | 31 |
| Reserves | 330 | 399 | 520 | 646 | 722 |
| 29 | 30 | 84 | 37 | 34 | |
| 66 | 77 | 151 | 153 | 209 | |
| Total Liabilities | 456 | 537 | 785 | 868 | 996 |
| 207 | 199 | 475 | 434 | 416 | |
| CWIP | 0 | 2 | 2 | 6 | 34 |
| Investments | 78 | 139 | 40 | 90 | 155 |
| 170 | 198 | 269 | 337 | 391 | |
| Total Assets | 456 | 537 | 785 | 868 | 996 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 61 | 87 | 109 | 163 | |
| -50 | -100 | -133 | -98 | |
| -17 | 5 | 29 | -60 | |
| Net Cash Flow | -6 | -8 | 4 | 5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 85 | 76 | 94 | 84 |
| Inventory Days | 95 | 95 | 92 | 71 |
| Days Payable | 71 | 83 | 79 | 71 |
| Cash Conversion Cycle | 109 | 88 | 108 | 84 |
| Working Capital Days | 64 | 50 | 58 | 73 |
| ROCE % | 21% | 22% | 23% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Of participation by the Company in ''JM Financial - India Xchange 2025 - Powering India's Next Big League' investor conference on 19th November, 2025 in …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Nov - The Company's management will be participating in Anand Rathi's G-200 Summit Conference on 13th November 2025 in Mumbai
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 7 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
4 Nov - Q2 FY26 earnings call audio posted on company website (04 Nov 2025).
Annual reports
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Sep 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Sep 2022TranscriptPPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
Product Offerings
The Co has ~6700 SKU, 11 product categories including chrome plated parts
Design” to delivery” aesthetics solution provider for a wide range of customers primarily in the automotive and consumer appliance industries.[1]
Some of its product offerings include decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges, domes, overlays, aluminum badges, "In-mold" label or decoration parts ("IML/IMD(s)"), lens mask assembly and chrome-plated, printed and painted injection-molded plastic parts.
The company also offers a variety of accessories for the two-wheelers' and passenger vehicles' aftermarket under the "Transform" brand. [2]