Financials S.J.S. Enterprises Limited

Equities

SJS

INE284S01014

Auto, Truck & Motorcycle Parts

Market Closed - NSE India S.E. Other stock markets 05:13:50 10/05/2024 pm IST			5-day change	1st Jan Change
611.4 ^INR	+0.21%		-0.20%	-1.19%

02/02	Transcript : S.J.S. Enterprises Limited, Q3 2024 Earnings Call, Feb 02, 2024
01/02	S.J.S. Enterprises Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI

Valuation

Fiscal Period: March	2022	2023	2024	2025	2026
Capitalization ¹	12,454	12,055	18,978	-	-
Enterprise Value (EV) ¹	12,454	12,055	18,978	18,978	18,978
P/E ratio	22.9 x	18.2 x	22.8 x	17.5 x	14.8 x
Yield	0.89%	-	-	0.42%	0.87%
Capitalization / Revenue	3.37 x	2.78 x	3.07 x	2.54 x	2.21 x
EV / Revenue	3.37 x	2.78 x	3.07 x	2.54 x	2.21 x
EV / EBITDA	13.2 x	11.3 x	12.6 x	10 x	8.57 x
EV / FCF	-	-	24.7 x	23.6 x	21.1 x
FCF Yield	-	-	4.05%	4.24%	4.74%
Price to Book	3.45 x	2.81 x	3.54 x	3.01 x	2.49 x
Nbr of stocks (in thousands)	30,438	30,438	31,038	-	-
Reference price ²	409.2	396.0	611.4	611.4	611.4
Announcement Date	26/05/22	15/05/23	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March	2022	2023	2024	2025	2026
Net sales ¹	3,699	4,330	6,187	7,481	8,600
EBITDA ¹	943.7	1,066	1,506	1,892	2,216
EBIT ¹	728	833.3	1,130	1,516	1,726
Operating Margin	19.68%	19.24%	18.26%	20.26%	20.07%
Earnings before Tax (EBT) ¹	739.4	911.7	1,112	1,456	1,725
Net income ¹	550.2	672.5	834.4	1,085	1,281
Net margin	14.88%	15.53%	13.49%	14.51%	14.89%
EPS ²	17.90	21.81	26.82	34.86	41.23
Free Cash Flow ¹	-	-	769.5	805	900.5
FCF margin	-	-	12.44%	10.76%	10.47%
FCF Conversion (EBITDA)	-	-	51.08%	42.54%	40.64%
FCF Conversion (Net income)	-	-	92.23%	74.18%	70.31%
Dividend per Share ²	3.650	-	-	2.550	5.333
Announcement Date	26/05/22	15/05/23	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2022 Q4	2023 Q1	2023 Q2	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	1,041	1,032	1,169	1,172	1,572	1,656	1,790
EBITDA ¹	254.5	254.9	310.3	282.1	391	409.5	448.5
EBIT	-	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	369.3
Net income ¹	-	162.1	199.5	180	226	215.5	258.2
Net margin	-	15.71%	17.06%	15.36%	14.38%	13.01%	14.42%
EPS	-	-	-	-	-	-	8.880
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	26/05/22	04/08/22	10/11/22	26/07/23	-	-	-

¹INR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: March	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow ¹	-	-	770	805	901
ROE (net income / shareholders' equity)	16.3%	17%	17%	18.4%	18.1%
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share ²	118.0	141.0	173.0	203.0	245.0
Cash Flow per Share	-	-	-	-	-
Capex ¹	135	-	607	783	727
Capex / Sales	3.65%	-	9.81%	10.47%	8.45%
Announcement Date	26/05/22	15/05/23	-	-	-

¹INR in Million²INR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for S.J.S. Enterprises Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

611.4 INR

Average target price

806.3 INR

Spread / Average Target

+31.87%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Automotive Accessories

	1st Jan change	Capi.
S.J.S. ENTERPRISES LIMITED	-1.19%	227M
GENTEX CORPORATION	+7.65%	8.13B
CHANGZHOU XINGYU AUTOMOTIVE LIGHTING SYSTEMS CO.,LTD.	+4.23%	5.4B
THULE GROUP AB	+17.89%	3.16B
TOYOTA BOSHOKU CORPORATION	+1.90%	2.61B
ADIENT PLC	-20.49%	2.6B
NINGBO JIFENG AUTO PARTS CO., LTD.	-1.56%	2.32B
PHINIA INC.	+44.21%	2B
KUNSHAN HUGUANG AUTO HARNESS CO.,LTD.	+47.54%	1.77B
NINGBO HUAXIANG ELECTRONIC CO., LTD.	+11.15%	1.61B

Automotive Accessories