Bangalore, January 30, 2025 – S.J.S. Enterprises Limited (NSE: SJS, BSE: 543387), a leading provider of self-adhesive labels and automotive products, announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The board also approved key corporate actions, including employee stock option allotments and leadership designation changes.
Financial Performance Overview (Standalone & Consolidated)
Consolidated Financial Highlights (₹ in Million)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 1,785.62 | 1,921.88 | 1,605.85 | 5,599.74 | 4,410.11 | 6,278.00 |
| Other Income | 20.25 | 17.45 | 8.87 | 60.29 | 51.62 | 71.04 |
| Total Income | 1,814.87 | 1,945.33 | 1,614.72 | 5,660.03 | 4,461.73 | 6,350.04 |
| EBITDA | 439.58 | 474.83 | 303.02 | 1,222.65 | 762.49 | 1,126.49 |
| Profit Before Tax (PBT) | 388.58 | 387.83 | 308.02 | 1,122.65 | 762.49 | 1,126.49 |
| Net Profit | 276.41 | 265.53 | 250.98 | 817.30 | 571.51 | 853.71 |
| EPS (Basic - ₹) | 8.83 | 9.34 | 7.91 | 27.14 | 18.85 | 27.45 |
- Revenue Growth: The company recorded a YoY growth of 11.2% in revenue for Q3 FY25.
- Profitability Improvement: EBITDA increased to ₹439.58 million, reflecting better cost control and operational efficiency.
- EPS Expansion: Basic EPS rose to ₹8.83 in Q3 FY25, up from ₹7.91 in Q3 FY24.
Stock Option Allotments and Grants
The Board approved the allotment of 5,250 equity shares under the SJS Enterprises – Employee Stock Option Plan (ESOP) 2021. Following this:- The company’s paid-up equity share capital increased to ₹313.26 million.
- The exercise price per share was ₹263.86, with a premium of ₹253.86 per share.
Corporate Leadership Updates
The company announced a change in designation for key leadership personnel to reflect their expanded responsibilities:- Sanjay Thapar: Now Group CEO & Executive Director.
- Mahendra Kumar Naredi: Now Group CFO.
- Raju R: Now Group Chief Marketing Officer.
- Mandeep Singh: Now Group Chief Information Officer.
Strategic Investments and Expansion
During Q3 FY25, SJS Enterprises:- Entered into a Power Supply and Offtake Agreement (PSOA) and Share Subscription Agreement (SSSHA) with Sunsource Energy Private Limited and Suryaurja One Private Limited (SOPL).
- Acquired 1.05 million shares of SOPL at ₹10 per share, reinforcing its commitment to sustainable energy initiatives.
Management Commentary
Sanjay Thapar, Group CEO & Executive Director, stated:Outlook
Looking ahead, SJS Enterprises aims to:- Expand production capacity to meet growing demand in automotive and electronics segments.
- Leverage its strategic investments in renewable energy to reduce operational costs.
- Strengthen its digital transformation and automation initiatives to improve efficiency.