SJS Enterprises Ltd stands as one of the leading players in the Indian decorative aesthetics industry in terms of revenue, offering 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. Established in 1987 as a partnership firm and registered as a private limited company in 2005, it is now a public limited company and a subsidiary of Evergraph Holdings Pte Ltd.
The company operates from manufacturing facilities located in Bengaluru and Pune, India and has built a strong presence in the automotive aesthetics space over more than three decades. SJS is 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.
SJS offers a comprehensive range of products including decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges, domes, overlays, aluminum badges, in-mould label or decoration parts, lens mask assembly and chrome-plated, printed and painted injection moulded plastic parts. The company's expertise spans across various segments of the automotive industry, serving both two-wheeler and passenger vehicle manufacturers.
The company supplied over 115 million parts to around 170 customers across 20 countries in FY 2021, with sales to OEMs contributing 69.94% and sales to Tier-1 suppliers contributing 29.70% respectively to the company's revenue from operations. This diversified customer base demonstrates the company's strong market position and widespread acceptance of its products.
SJS has a strong focus on new product development and it has a dedicated 'new product development' team. The company's products are subject to stringent quality checks and testing in laboratories at its facilities, ensuring high-quality standards that meet international requirements.
The company has pursued strategic acquisitions to expand its capabilities and market reach. To add value to its brand, products and customer portfolio, SJS acquired Exotech Plastics in 2021. The Company acquired 100% shareholding of Exotech Plastics Private Limited in Pune and made it a wholly owned subsidiary on April 5, 2021.
Further expanding its portfolio, the Company acquired 90.1% stake in Walter Pack Automotive Products India Private Limited (WPI) in July, 2023 and consequently, WPI became a subsidiary of the Company in 2024. SJS Decoplast and WPI acquired in 2024-25, have turned pivotal in diversifying the portfolio beyond two-wheelers, passenger vehicles, and consumer appliances.
SJS Enterprises has demonstrated strong financial performance in recent quarters. The company's financial results for FY25 show robust growth:
- Revenue: ₹200.51 Crore as on March 2025 (Q4 FY25).
- Net Profit: ₹33.73 Crore as on March 2025 (Q4 FY25).
- S J S Enterprises Ltd's net profit jumped 25.13% since last year same period to ₹33.41 Crore in Q4 FY2024-2025.
For the full financial year 2025, the company achieved impressive growth:
- Net profit rose 38.89% to ₹117.81 Crore in the year ended March 2025, as against ₹84.82 Crore during the previous year ended March 2024.
- Sales rose 21.14% to ₹760.49 Crore in the year ended March 2025, as against ₹627.80 Crore during the previous year ended March 2024.
As of July 8, 2025, the market cap of S J S Enterprises Ltd stood at ₹3,972.45 Crore. The company's stock performance has been remarkable, with SJS Enterprises experiencing a 60% rise in shares over the past year and a three-fold increase over three years, with revenue and net profit more than doubling.
The company's valuation metrics as of recent dates include:
- The P/E (price-to-earnings) ratio of SJS Enterprises Ltd (SJS) is 28.66.
- The P/B (price-to-book) ratio is 6.01.
- The 52-week high of SJS Enterprises Ltd (SJS) is ₹1347 and the 52-week low is ₹625.
In FY25, Company expanded its captive solar capacity from 3.9 MW to 11.55 MW, including 4.65 MW power supply across SJS Decoplast and WPI, and signed a 3 MW solar power agreement with SEPL and SOPL. This demonstrates the company's commitment to sustainable operations and energy efficiency.
In November 2021, the company came out with a ₹800 Crore public issue, with the IPO shares being allotted at ₹542, including a premium of ₹532 per share. The shares were listed on BSE Ltd and National Stock Exchange of India Ltd (NSE) on November 15, 2021. The company trades under the symbol SJS on both NSE and BSE.
Chairperson Name: Ramesh Chandra J, with the company founded by Sanjay Thapar and K A Joseph in the year 1987. The leadership team brings decades of experience in automotive aesthetics and manufacturing, positioning the company well for continued growth in the evolving automotive landscape.
SJS Enterprises represents a compelling investment opportunity in India's automotive aesthetics sector, with its strong market position, diversified product portfolio, strategic acquisitions, and consistent financial performance making it a notable player in the industry.
