SJS Enterprises Limited, a leading player in the decorative aesthetics industry, has reported robust financial results for the second quarter, outperforming the automotive industry growth for the 24th consecutive quarter. The company has also announced plans to increase its export contribution to 14-15% of total revenue by FY28.

Financial Highlights

Revenue Growth

SJS reported consolidated revenue of ₹2,417.60 crore, marking a 25.4% year-on-year growth. This performance was driven by:

• 44.3% YoY growth in the two-wheeler (2W) segment
• 16.5% YoY growth in the Passenger Vehicle (PV) segment
• 16% YoY growth in the Consumer segment

The company's automotive business grew by 29.5% YoY, significantly outpacing the 9.5% YoY growth in automotive industry (2W+PV) production volumes.

Profitability

SJS demonstrated strong profitability metrics:

• EBITDA grew by 40.9% YoY to ₹728.40 crore, with EBITDA margins expanding to 29.6%
• PAT increased by 48.4% YoY to ₹432.70 crore, with a PAT margin of 17.9%

The enhanced profitability is attributed to a better product mix, operational excellence, and disciplined execution.

Export Performance and Strategic Initiatives

Exports increased by 40.9% YoY to ₹231.90 crore, constituting 9.6% of total consolidated sales. This growth was driven by new projects from key global OEMs and expanding presence across regions such as North America.

SJS has signed an MoU with BOE Varitronix (Hong Kong) to collaborate on manufacturing 4-wheeler automotive displays in India, marking a strategic step into new premium product categories.

The company plans to increase its export contribution to 14-15% of total revenue by FY28 through acquiring new customers and business diversification strategies.

Financial Position

SJS reported a net cash position of ₹1,588.80 crore, providing adequate financial flexibility to support both organic and inorganic growth initiatives.

Management Commentary

K. A. Joseph, Managing Director of SJS Enterprises, commented: "Our enhanced profitability reflects better product mix, operational excellence, and disciplined execution. This performance demonstrates the success of our business diversification strategy and strong OEM partnerships."

Sanjay Thapar, Executive Director & Group CEO, added: "Our strategic initiatives and strong execution have led to SJS achieving business results in Q2FY26 almost equal to our annual performance of FY21. We aim to increase exports to 14–15% of consolidated revenue by FY28 through diversification and new customer additions."

Outlook

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 stakeholders. The company's focus on premium product additions and expansion into new technologies is expected to increase kit value and strengthen its position as a one-stop decorative aesthetics solutions partner for OEMs.

SJS Enterprises continues to demonstrate its ability to outperform the industry, leveraging its strategic positioning and focus on innovation in the decorative aesthetics sector.

SJS Enterprises Limited (NSE: SJS, BSE: 543387) has announced a significant addition to its leadership team with the appointment of Mr. Ranjit Raghunath Nambiar as the Group Chief Operating Officer (GCOO), effective September 29, 2025. The decision, approved by the company's Board of Directors on September 25, 2025, follows a recommendation from the Nomination and Remuneration Committee.

A Seasoned Leader Joins SJS Enterprises

Mr. Nambiar brings over three decades of diverse experience to his new role at SJS Enterprises. His extensive background spans various sectors, including chemicals, polymers, consumer appliances, automotive systems, and electric vehicle (EV) components. This wealth of experience positions him well to contribute to the company's strategic growth and operational excellence.

Impressive Track Record

Prior to joining SJS Enterprises, Mr. Nambiar held several key positions in prominent companies:

• CEO at Spark Minda's Interiors & Plastics Division
• Business Unit Head for EV Component Solutions at Tata AutoComp
• Director of India Operations at International Automotive Components (IAC)

Notably, during his tenure at IAC, Mr. Nambiar played a pivotal role in building the company's operations from inception to a substantial revenue of over ₹800.00 crore. This achievement underscores his capability in scaling businesses and driving significant growth.

Educational Background and Expertise

Mr. Nambiar's educational qualifications include:

• Post Graduate Diploma in Plastics Technology from Central Institute of Plastics Engineering and Technology, Mysore (with All India Rank & Distinction)
• Bachelor's Degree in Science (Core Elective: Chemistry) from Calicut University
• Completion of the Transformational Leadership Program at IIM Ahmedabad

His expertise extends to Japanese Manufacturing Excellence and Innovation methodologies, having received extensive training under industry best practice expert Hiratsuka Tadashi.

Global Exposure and Recognition

With global exposure across the US, Europe, UK, Sweden, China, Thailand, and Africa, Mr. Nambiar is recognized as a strategic, execution-focused leader. His approach blends innovation with operational excellence to deliver sustainable and profitable growth.

Role and Responsibilities

As the Group COO, Mr. Nambiar will be designated as one of the Senior Management Personnel of SJS Enterprises. His appointment is expected to strengthen the company's next phase of growth, leveraging his deep expertise in automotive systems, large-scale operations management, and strategic leadership.

Corporate Governance Note

In compliance with regulatory requirements, SJS Enterprises has confirmed that Mr. Nambiar is not related to any Director or Key Managerial Personnel of the company. This appointment aligns with the company's commitment to enhancing its leadership team with experienced professionals.

The addition of Mr. Ranjit Raghunath Nambiar to SJS Enterprises' executive team marks a significant step in the company's journey towards operational excellence and strategic growth in the automotive and related industries.