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29-Oct-2024

SJS Enterprises

Automotive, consumer segment and exports have all delivered strong growth


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SJS Enterprises hosted a conference call on Oct 29, 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 Q2 FY25, SJS surpassed industry production volumes (2W+PV), with a growth of 18.1% YoY. This growth was primarily driven by the robust growth in the auto segment, consumer segment and a strong performance in exports as well.

With a focus on premiumization, the company expects to exceed the underlying industry growth by more than 1.5 times while maintaining its best-in-class margins.

In Q2 FY25, domestic sales grew 15.4% YoY, on back of 15.6% YoY growth in PV business and 15.2% YoY growth in 2W.

In Q2 FY25, exports grew 54.7% YoY on account of strong p...



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