SJS Enterprises reports strong Q2, H1 FY26 performance driven by automotive business

SJS Enterprises Limited reported strong financial performance for Q2 and H1 FY26. Consolidated revenue reached INR 2,417.6 Mn in Q2, a 25.4% year-over-year increase, and INR 4,514.1 Mn in H1, an 18.4% year-over-year growth. This was largely propelled by a 29.5% year-over-year growth in the automotive business, significantly outperforming the industry. The company also achieved a Q2 EBITDA of INR 728.4 Mn, up 40.9% year-over-year, with margins at 29.6%, and Q2 PAT of INR 432.7 Mn, a 48.4% year-over-year increase, with margins at 17.9%.

Strategic initiatives included signing an MoU with BOE Varitronix, Hong Kong, for automotive display manufacturing in India. This encompasses technology transfer for assembly, optical bonding, and localization of components for the 4W automotive market. This collaboration is expected to be formalized via a Technical Assistance Agreement or a Joint Venture. Additionally, SJS Enterprises allotted 562,000 equity shares under its Employee Stock Option Plan 2021, increasing its paid-up equity share capital from INR 313,874,040 to INR 319,494,040.

The company remains committed to expanding its product portfolio, enhancing customer reach, and increasing manufacturing capacity, including a new greenfield plant for optical cover glass and display business in Hosur. SJS Enterprises anticipates maintaining robust margin profiles while balancing growth.