'
SJS Enterprises hosted a
conference call on May 21, 2024. In the conference call, the company was represented by Mr. K A Joseph:
managing Director & Co-Founder, Mr. Sanjay Thapar: CEO & Executive
Director and Mr. Mahendra Naredi: Chief Financial Officer.
Key takeaways of the call
In Q4 FY24, the company delivered
strong growth of 75.3% YoY driven by WPI acquisition, strong growth in PV,
consumer segments as well as in exports. The company has beaten the automotive industry
growth (2W+PV) of 22.8% YoY in production volumes.
In FY24, the company delivered
revenue growth of 45.0% YoY to Rs 627.8 crore, registering better-than-automotive
industry production volume growth of 9.7% YoY.
The company’ WPI business is
progressing according to plan, with sustained margin improvement.
In
Q4 FY24, overall domestic sales clocked 76.8% YoY growth ...
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