SJS Q1 PAT Rises 22.6 Per Cent to Rs 346 Million

30 Jul 2025 CW Team

SJS Enterprises Limited, a leading player in India’s decorative aesthetics industry, has announced its unaudited consolidated financial results for the quarter ended 30 June 2025.

In Q1 FY26, the company reported revenue of Rs 2.10 billion, marking a year-on-year growth of 11.2 per cent. This was driven by robust growth in the two-wheeler (32.7 per cent) and passenger vehicle (13.8 per cent) segments. The company continued its trend of outperformance for the 23rd consecutive quarter, with automotive business growth of 22.8 per cent against the industry’s 1.2 per cent growth.

EBITDA stood at Rs 587.2 million, up 16.3 per cent year-on-year, with margins expanding by 106 basis points to 27.6 per cent. Profit after tax rose by 22.6 per cent to Rs 346.2 million, with a PAT margin of 16.5 per cent, reflecting efficient cost management and execution discipline.

SJS generated strong cash flows during the quarter, ending with a net cash position of Rs 1.31 billion and free cash flows of Rs 325.6 million. The company successfully converted approximately 101 per cent of EBITDA into operating cash flow.

Operationally, the company added Hero MotoCorp as a key customer and began supplies during the quarter. It also won export orders from Autoliv and Fiat Chrysler Automobiles in the US, and added Yazaki for its domestic automotive portfolio.

Ongoing capacity expansions in Pune and Bengaluru are expected to boost responsiveness and manufacturing scale. SJS also received the Green Manufacturing Excellence Award (GMEA) from Futurescaper and the GMP certification from TUV.

Managing Director Mr K.A. Joseph commented, “We’ve had a positive start to FY26 with continued strong demand and market share gains. Our premiumisation strategy, customer additions, and focus on global markets continue to deliver value.”

Executive Director & Group CEO Mr Sanjay Thapar added, “Our automotive business significantly outperformed the market and we are seeing positive momentum across exports and domestic demand. With a strong balance sheet, we are well positioned to drive strategic growth organically and inorganically.”

SJS Enterprises Limited, a leading player in India’s decorative aesthetics industry, has announced its unaudited consolidated financial results for the quarter ended 30 June 2025.In Q1 FY26, the company reported revenue of Rs 2.10 billion, marking a year-on-year growth of 11.2 per cent. This was driven by robust growth in the two-wheeler (32.7 per cent) and passenger vehicle (13.8 per cent) segments. The company continued its trend of outperformance for the 23rd consecutive quarter, with automotive business growth of 22.8 per cent against the industry’s 1.2 per cent growth.EBITDA stood at Rs 587.2 million, up 16.3 per cent year-on-year, with margins expanding by 106 basis points to 27.6 per cent. Profit after tax rose by 22.6 per cent to Rs 346.2 million, with a PAT margin of 16.5 per cent, reflecting efficient cost management and execution discipline.SJS generated strong cash flows during the quarter, ending with a net cash position of Rs 1.31 billion and free cash flows of Rs 325.6 million. The company successfully converted approximately 101 per cent of EBITDA into operating cash flow.Operationally, the company added Hero MotoCorp as a key customer and began supplies during the quarter. It also won export orders from Autoliv and Fiat Chrysler Automobiles in the US, and added Yazaki for its domestic automotive portfolio.Ongoing capacity expansions in Pune and Bengaluru are expected to boost responsiveness and manufacturing scale. SJS also received the Green Manufacturing Excellence Award (GMEA) from Futurescaper and the GMP certification from TUV.Managing Director Mr K.A. Joseph commented, “We’ve had a positive start to FY26 with continued strong demand and market share gains. Our premiumisation strategy, customer additions, and focus on global markets continue to deliver value.”Executive Director & Group CEO Mr Sanjay Thapar added, “Our automotive business significantly outperformed the market and we are seeing positive momentum across exports and domestic demand. With a strong balance sheet, we are well positioned to drive strategic growth organically and inorganically.”

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Infrastructure Energy

09 Jan 2026

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Infrastructure Energy

09 Jan 2026

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..