S.j.s. Enterprises Limited · NSE:SJS
S.j.s. Enterprises — Q1 FY2025 Earnings Presentation
31 slides from S.j.s. Enterprises's earnings presentation, August 2024
Slide 1: SJS Enterprises Limited Q1 FY25 Earnings Presentation
SJS Enterprises Limited Q1 FY25 EARNINGS PRESENTATION
Slide 2: Disclaimer
SJS| Disclaimer Certain statements made in this presentation relating to the Company’s objectives, projections, outlook, expectations, estimates, among others may constitute ‘forward-looking statements’ within the meaning of applicable laws and regulations. Actual results may differ from such expect
Slide 3: Q1FY25 Concall Presenters
SJS| Q1FY25 Concall Presenters K A JOSEPH SANJAY THAPAR MAHENDRA NAREDI Managing Director CEO & Executive Director Chief Financial Officer • Founded the company in 1987 • Over 40 years of experience in the • 20+ years of experience in financial automotive industry management, key accounting & • More
Slide 4: SJS Overview: Premium aesthetics products manufacturer
SJS Overview| Premium aesthetics products manufacturer Operational Excellence Core Products and Technologies Strategic Market Position • Partner, co-creator and supplier of • Wide product range: Decals, choice to several leading OEMs in • Operates in the high value-add appliques/dials, overlays, log
Slide 5: Q1 FY25 Business & Financial Highlights
Q1 FY25 Business & Financial Highlights
Slide 6: Q1 FY25 Highlights
SJS| Q1 FY25 Highlights • SJS automotive business outperformed 2W+PV industry growth by >2.5x • Delivered YoY growth of 43.1% YoY, compared to 17.0% YoY growth in auto industry production volumes • Total Revenue at Rs 1,886.2 Mn, strong 60.9% YoY growth • Growth driven by WPI addition, PV and consum
Slide 7: Outperforming the Industry Growth for 19th consecutive quarter
SJS| Outperforming the Industry Growth for 19th consecutive quarter Q1FY25 - Industry Production Volume1 v/s SJS YoY Sales2 Automotive, Consumer segment and Exports have all delivered strong >2.5x growth growth 90.6% than industry 60.9% 43.1% 31.1% 19.6% 19.5% 17.0% 21.1% 11.9% 12.1% 5.8% 2W PV 2W+P
Slide 8: Q1 FY25 Business Highlights: New Customer, Growing Mega Accounts
SJS| Q1 FY25 Business Highlights Strong growth story continues… Growing Mega Accounts - Key Business Projects Won New Customer Addition Q1FY25 Earnings Presentation June 2024 8
Slide 9: SJS | ESG Initiatives
SJS | ESG Initiatives Environmental Social Governance • Completed the ISO 50001 audit • Comprehensive health check-ups • Established robust risk and achieved the certification for for 900 underprivileged villagers management framework for “Energy Management’’ • Supported 200 women with mitigating ri
Slide 10: Visit Our Real Time ESG Disclosure Platform
SJS | Visit Our Real Time ESG Disclosure Platform At the core of our ethos lies a steadfast commitment to embedding environmental, social, and governance principles into our operations. Map our ESG framework with 35+ different frameworks Download ESG data Access to ESG Click to access ESG Profile fa
Slide 11: CSR – Serving the Community
SJS |CSR – Serving the Community Extended coverage of Swachh Bharat Let’s Feed the Needy organization SJS has been sponsoring Mr. Kumar initiative for garbage cleaning from 7 provides daily meals to people in need Manikandan, a paralympic athlete for the to 14 surrounding villages and at various pla
Slide 12: Q1 FY25 Financial Performance
SJS| Q1 FY25 Financial Performance All figures in Rs. Mn Revenue from Operations EBITDA and EBITDA Margin (%) PAT and PAT Margin (%) - Reported YoY YoY YoY 61% 61% 57% 282 495 505 272 1,868 1,886 QoQ QoQ 180 1,172 314 2% 4% QoQ 1% 26.1% 26.3% 26.6% 15.4% 14.5% 15.0% Q1 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q
Slide 13: Q1 FY25 Capital Structure and Returns
SJS|Q1 FY25 Capital Structure and Returns (Rs. Mn.) FY23 FY24 Q1 FY25 Long Term Debt 0 400 300 • Strong cash flow generation to support expansion initiatives Short Term Debt 204 283 233 Total Debt 204 683 533 • Consistent ROCE and ROE performance. ROCE and ROE were lower in FY24 due to WPI acquisiti
Slide 14: Consolidated P&L Performance
SJS| Consolidated P&L Performance (INR in Mn) Q1FY251 Q1FY24 YoY% Q4FY241 QoQ% Operating Revenue 1,886.2 1,172.5 60.9% 1,867.9 1.0% EBITDA 505.0 314.1 60.8% 495.4 1.9% EBITDA Margin % 26.6% 26.1% 26.3% PAT2 282.4 180.3 56.6% 271.8 3.9% PAT Margin % 15.0% 15.4% 14.5% EPS 8.97 5.90 8.64 • In Q1FY25 do
Slide 15: Diversified Revenue Portfolio
SJS| Diversified Revenue Portfolio Revenue by Business Revenue by End Segment Revenue by Geography 8.1% 7.5% 24.4% 32.8% 22.7% 50.6% 25.0% 36.4% 92.5% SJS Exotech WPI 2W PV Consumer Others Domestic Exports SJS is Ready for the Future New generation products contributed 25.0% of consolidated revenue
Slide 16: Future Growth Outlook
Future Growth Outlook
Slide 17: Development & Delivery of New Product Pipeline (1/2)
SJS| Development & Delivery of New Product Pipeline Remains at the Core of SJS (1/2) Driven by premiumization, new age aesthetic products to drive realization increase across categories Post WPI acquisition Rs 1,200 - 1,500 Rs 3,500 – 5,000 3 - 4x growth Per vehicle Per vehicle Per vehicle Legacy Ki
Slide 18: Development & Delivery of New Product Pipeline (2/2)
SJS| Development & Delivery of New Product Pipeline Remains at the Core of SJS (2/2) Driven by premiumization, new age aesthetic products to drive to realization increase across categories Rs 300 - 500 1.5 - 2x growth Per vehicle Per vehicle Legacy Kit Value Future Kit Value SJS’ New Age Products (2
Slide 19: Strong organic growth with best-in-class margins
SJS| Strong organic growth with best-in-class margins Strategy for organic growth over FY24-26 Products: Focus on development of new technologies & advanced products • Intend to develop and introduce Optical cover glass, Illuminated logos, In Moulded Electronic (IME) parts 01 and other new gen techn
Slide 20: Inorganic Growth Expected to Boost Organic Growth Trajectory
SJS| Inorganic Growth Expected to Boost Organic Growth Trajectory Merger & Acquisitions is a Key Pillar for growth Identify New Improve Plan for next Sustaining Targets Integration Performance phase of Performance growth • WPI – Acquired in July’23, a • Exotech – SJS showed remarkable SJS will great
Slide 21: FY25 Outlook
SJS| FY25 Outlook ▪ SJS to continue its strong financial performance trajectory ▪ SJS expects to outperform the underlying industry growth by over 1.5x on account of : ▪ Premiumisation + Building Mega OEM Accounts + Exports + WPI Acquisition = Higher than industry sales growth for SJS ▪ Current orde
Slide 22: Q1 FY25 Earnings Call Invite
SJS Enterprises Limited Q1 FY25 Earnings Call Invite SJS Enterprises Limited (BSE: 543387) announced its results for the quarter ended June 30th, 2024, on August 1st, 2024. Following the announcement, the management team will host a conference call for investors and analysts on August 2nd, 2024, at
Slide 23: Appendix
Appendix
Slide 24: Longstanding history of design backed manufacturing excellence
SJS| Longstanding history of design backed manufacturing excellence Evolution into a leading design and aesthetics focused business 2023 Walter Pack India 2021 July’23 - Acquired 90.1% stake in WPI. Focused on Exotech Plastics IMF, IML, IMD and IME 2019-20 Apr’21 - Acquisition technologies for compl
Slide 25: Diverse Product Portfolio (1/3)
SJS| Diverse Product Portfolio…(1/3) Decals & Body Graphics 2D Appliques & Dials 3D Appliques & Dials Overlays Q1FY25 Earnings Presentation June 2024 25
Slide 26: Diverse Product Portfolio (2/3)
SJS| Diverse Product Portfolio…(2/3) Aluminium Badges Domes 3D Lux Badges Aftermarket – “Transform” Q1FY25 Earnings Presentation June 2024 26
Slide 27: Diverse Product Portfolio (3/3)
SJS| Diverse Product Portfolio…(3/3) Lens Mask Assembly Optical Plastics Chrome plated parts (Exotech) IMLs / IMDs (SJS & Walter Pack India) Q1FY25 Earnings Presentation June 2024 27
Slide 28: Superior financial metrics and resilient business model
SJS| Superior financial metrics and resilient business model All figures in Rs. Mn Revenue from Operation EBITDA and EBITDA Margin (%) PAT and PAT Margin (%) 854 1,599 6,278 673 1,168 4,330 550 985 3,699 478 797 413 686 2,516 2,162 31.0% 31.2% 18.7% 18.7% 26.3% 26.3% 25.2% 14.9% 15.5% 13.6% FY 20 FY
Slide 29: Experienced & Qualified Board Team
SJS| Experienced & Qualified Board Team K A Joseph Ramesh Chandra Jain Managing Director – Promoter & Co-founder Non-Exec Chairman & Independent Director • Over 34 years of experience in aesthetics printing business • Worked for 25 years in Eicher & retired as group vice chairman • Leads the manufac
Slide 30: Experienced Management Team
SJS| Experienced Management Team MAHENDRA NAREDI R. RAJU SADASHIVA BALIGAR Chief Finance Officer, SJS Chief Marketing Officer, SJS Chief Operations Officer, SJS • 20+ years of experience in financial • 23+ years of experience in the field of • 25+ years of experience in operations management, key ac
Slide 31: Thank You
THANK YOU IR Contact: Compliance: Atul Modi / Simran Malhotra | Investor Relations Advisor Mr. Thabraz Hushain | Company Secretarial Churchgate Partners SJS Enterprises sjs@churchgatepartners.com; 91 22616 95988 Thabraz.Hushain@sjsindia.com