S.j.s. Enterprises Limited · NSE:SJS
S.j.s. Enterprises — Q1 FY2023 Earnings Presentation
17 slides from S.j.s. Enterprises's earnings presentation, Aug 4, 2022
Slide 1: Exchange filing cover letter: Earnings Call Presentation Q1 FY2022-23
August 04, 2022 To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Department, Plot No. C/1, G Block, 2nd Floor, New Trading Wing, Bandra – Kurla Complex, Rotunda Building, P.J. Towers, Bandra (E), Mumbai -400 051 Dalal Street, Mumbai – 400 001
Slide 2: S.J.S Enterprises Limited Q1FY23 Earnings Presentation
S.J.S ENTERPRISES LIMITED Q1FY23 EARNINGS PRESENTATION
Slide 3: Disclaimer
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 expectatio
Slide 4: Today's Presenters
Today’s Presenters K A JOSEPH SANJAY THAPAR SAUMYA MOGANTY DEVANSHI DHRUVA Managing Director Executive Director & CEO VP - Finance Head–Investor Relations • Founded the company in • Over 30 years of experience • Over 21 years of work • Previously worked with 1987 in the automotive industry experienc
Slide 5: About SJS Enterprises
About SJS Enterprises
Slide 6: S.J.S Enterprises Limited: A Snapshot
S.J.S Enterprises Limited : A Snapshot FY21-FY26 CAGR (1) One of the leading players in Indian Rs 1,031.7 Mn 20% 1 decorative aesthetics industry which has Q1FY23 Revenue (2) 10-12% 11-13% 12-14% faster than underlying industry growth (1) 2W PV CD Aesthetics 11 7 Widest range of products(5) with pro
Slide 7: SJS Outperformed Auto Industry on Y-o-Y basis
SJS Outperformed Auto Industry on Y-o-Y basis Q1FY23 - Industry Production Volume1 v/s SJS YoY Sales Industry SJS 75.5% 53.5% 38.9% 38.4% 32.7% 37.4% 29.5% + Industry Scenario • Sequentially, SJS domestic sales were largely in line with 2W and PV industry production o Going ahead domestic 2W & PV in
Slide 8: Q1FY23 Business & Financial Highlights
Q1FY23 Business & Financial Highlights
Slide 9: Q1FY23 Financial Performance (Consolidated)
Q1FY23 Financial Performance (Consolidated) 39% 50% 71% YoY growth YoY growth YoY growth Revenue at Rs 1,031.7 Mn EBITDA at Rs 278.2 Mn, –surpassed 2W and PV despite inflationary Net Profit at Rs 162.1 industry productions environment, on back of Mn, with a margin of combined growth of 37.4% strong
Slide 10: Q1FY23 Business Highlights (1/2)
Q1FY23 Business Highlights (1/2) We are just getting Started… Current order book is ~90% of FY23 forecasted revenue Key Customers: Growing mega accounts & driving exports • Expanded business in USA by winning business from 2 new plants of Whirlpool • Entered a new country – Argentina with new order
Slide 11: Q1FY23 Business Highlights (2/2)
Q1FY23 Business Highlights (2/2) Key Customer Addition ARGENTINA OHIO, USA ELECTRIC VEHICLES Entered 2 new locations Key Business Projects Won OHIO, USA ARGENTINA 10
Slide 12: Q1FY23 Consolidated P&L
Q1FY23 Consolidated P&L Quarter Ended Particulars (INR Mn) 30-Jun-22 31-Mar-22 30-Jun-21 Income Revenue from Operations 1031.7 1041.1 742.7 Other Income 23.3 12.4 10.3 Total Income 1055.0 1053.5 752.9 Despite inflationary trends Expenses EBITDA Margins improved 170 Cost of raw materials consumed 489
Slide 13: Outlook: FY23–25 (Medium Term) FY23 (Near Term)
Outlook: FY23–25 (Medium Term) FY23 (Near Term)
Slide 14: SJS – Outlook for FY23-25 (1/2)
SJS – Outlook for FY23 - 25…(1/2) 1 Organic growth expected at ~25% CAGR, maintaining best in class margins Capacity Expansion: Expand chrome plating capacity to meet higher demand pipeline • Double the chrome plating capacity to support revenues of Rs 300 Crs from the current Rs 130 Crs capacity •
Slide 15: SJS – Outlook for FY23-25 (2/2)
SJS – Outlook for FY23 - 25…(2/2) 2 Merger & Acquisitions Build capability in adjacent / new aesthetic product categories Identified key product categories to enter / expand presence which include: SJS successfully integrated • IMD / IML Exotech business and • IME (In-Mould Electronics) demonstrated
Slide 16: SJS – FY23 Outlook
SJS – FY23 Outlook End Segments FY22 Industry FY23E Industry Contribution to SJS Domestic Vol Growth Domestic Vol Growth Revenue (FY22) Two Wheelers (10.9%) 15.6% 43.3% Passenger Vehicle 13.2% 19.0% 28.8% ❖ SJS expects ~25% YoY revenue growth on account of expected positive outlook for 2W, PV and Co
Slide 17: Thank You
THANK YOU IR Contact Ms. Devanshi Dhruva | Head - Investor Relations devanshi@sjsindia.com 16