MARKET RESPONDS 

10 KEY DRIVERS BEHIND SJS ENTERPRISES' 12% STOCK SURGE

Published By Moushumi Mahanta | 02 Aug, 2024
SJS Enterprises' stock surged over 12% on August 2, reaching a record high of 958.25, following strong Q1FY25 results.
Credit : UNSPLASH
The company reported a 56.6% YoY increase in profit after tax, reaching 28.24 crore compared to 18.03 crore in Q1FY24.
Credit : UNSPLASH
SJS recorded a 60.9% YoY revenue growth, with total revenue rising to 188.6 crore from 117.25 crore in the same period last year.
Credit : PIXABAY
The company experienced a 17% YoY growth in the automotive market, driven by the WPI acquisition and strong performance in the passenger vehicle and consumer segments.
Credit : PIXABAY
SJS marked its 19th consecutive quarter of outperformance, with a 43.1% YoY growth in the automotive business.
Credit : PIXABAY
EBITDA rose 60.8% YoY to 50.5 crore, with margins improving slightly to 26.6%.
Credit : PEXELS
The company's growth was fueled by the strategic acquisition of WPI and the addition of new clients like Dixon Technologies.
Credit : PIXABAY
SJS plans to introduce next-generation products and technologies, aiming to solidify its position as a premier provider of aesthetic solutions.
Credit : PIXABAY
The acquisitions of Exotech and WPI have enhanced SJS's portfolio, creating cross-selling opportunities and strengthening the order book outlook.
Credit : PIXABAY
The company aims for revenue growth exceeding 1.5 times the underlying industry growth, driven by opportunities in the two-wheeler, passenger vehicle, and consumer segments, with a focus on international markets and premiumization.
Credit : PIXABAY