BSE: 543387 | NSE: SJS | Auto Ancillary | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that SJS Enterprises Ltd is a good quality company.
The key valuation ratios of SJS Enterprises Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of SJS Enterprises Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 21% | 20.5% | 21.5% | 20.4% | 19.8% | 18.8% | - |
| Value Creation Index ⓘ | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||
| Sales ⓘ | 237 | 216 | 252 | 268 | 296 | 363 | 396 |
| Sales YoY Gr. | - | -8.9% | 16.4% | 6.5% | 10.6% | 22.7% | - |
| Adj EPS ⓘ | 13.9 | 13.4 | 16 | 16.9 | 19 | 21.8 | 26 |
| YoY Gr. | - | -4.2% | 19.6% | 5.8% | 12.6% | 14.7% | - |
| BVPS (₹) ⓘ | 78.4 | 91.9 | 103.6 | 117 | 136.1 | 165.4 | 180.5 |
| Adj Net Profit ⓘ | 42.4 | 40.6 | 48.6 | 51.4 | 57.8 | 67.6 | 81 |
| Cash Flow from Ops. ⓘ | 35.8 | 58.3 | 57.9 | 56.5 | 79.2 | 64.3 | - |
| Debt/CF from Ops. ⓘ | 0.7 | 0.1 | 0.2 | 0.1 | 0.2 | 0.7 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 8.9% | 13% | 22.7% | ||||
| Adj EPS ⓘ | NA | 9.4% | 10.9% | 14.7% | ||||
| BVPSⓘ | NA | 16.1% | 16.9% | 21.5% | ||||
| Share Price | - | - | 47.8% | 90.1% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 17.8 | 15.7 | 16.3 | 15.3 | 14.9 | 14.4 | 15 |
| Op. Profit Mgn % ⓘ | 29 | 29.8 | 30.8 | 30.8 | 29.6 | 28.9 | 29.8 |
| Net Profit Mgn % ⓘ | 17.9 | 18.8 | 19.3 | 19.2 | 19.5 | 18.6 | 20.6 |
| Debt to Equity ⓘ | 0.1 | 0 | 0 | 0 | 0.1 | 0.1 | 0 |
| Working Cap Days ⓘ | 0 | 150 | 137 | 143 | 132 | 118 | 76 |
| Cash Conv. Cycle ⓘ | 0 | 82 | 68 | 84 | 76 | 69 | 46 |
Return on Equity has increased versus last 3 years average to 15.00%
Sales growth is growing at healthy rate in last 3 years 13.03%
Net Profit is growing at healthy rate in last 3 years 10.94%
Sales growth is good in last 4 quarters at 28.16%
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 26 | 33.3 |
| TTM Sales (₹ Cr.) | 396 | 729 |
| BVPS (₹.) ⓘ | 180.5 | 192.9 |
| Reserves (₹ Cr.) ⓘ | 529 | 573 |
| P/BV ⓘ | 6.60 | 6.18 |
| PE ⓘ | 45.87 | 35.78 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 552.90 / 1343.75 |
| All Time Low / High (₹) | 340.00 / 1343.75 |
| Market Cap (₹ Cr.) | 3,732 |
| Equity (₹ Cr.) | 31.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 50.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Sales | 237 | 216 | 252 | 268 | 296 | 363 |
| Operating Expenses ⓘ | 169 | 152 | 175 | 186 | 209 | 259 |
| Manufacturing Costs | 24 | 25 | 29 | 33 | 41 | 47 |
| Material Costs | 95 | 82 | 97 | 101 | 110 | 143 |
| Employee Cost | 32 | 33 | 36 | 41 | 45 | 50 |
| Other Costs ⓘ | 18 | 12 | 13 | 11 | 13 | 20 |
| Operating Profit ⓘ | 68 | 64 | 76 | 82 | 87 | 104 |
| Operating Profit Margin (%) | 28.8% | 29.5% | 30.3% | 30.7% | 29.5% | 28.7% |
| Other Income ⓘ | 4 | 5 | 4 | 3 | 9 | 7 |
| Interest ⓘ | 2 | 2 | 1 | 1 | 1 | 6 |
| Depreciation ⓘ | 10 | 13 | 15 | 15 | 16 | 17 |
| Exceptional Items ⓘ | -7 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 53 | 54 | 64 | 69 | 79 | 89 |
| Tax ⓘ | 15 | 13 | 16 | 18 | 20 | 21 |
| Profit After Tax | 38 | 41 | 48 | 52 | 59 | 68 |
| PAT Margin (%) | 15.8% | 19.1% | 19.0% | 19.4% | 19.8% | 18.6% |
| Adjusted EPS (₹) | 12.4 | 13.6 | 15.7 | 17.0 | 19.3 | 21.8 |
| Dividend Payout Ratio (%) | 0% | 0% | 25% | 21% | 0% | 9% |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 239 | 280 | 315 | 356 | 414 | 513 | ||||
| Share Capital ⓘ | 30 | 30 | 30 | 30 | 30 | 31 | ||||
| Reserves ⓘ | 208 | 249 | 285 | 326 | 384 | 482 | ||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Debt | 23 | 6 | 9 | 8 | 19 | 39 | ||||
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 31 | ||||
| Short Term Debt | 23 | 6 | 9 | 8 | 19 | 7 | ||||
| Trade Payables | 11 | 21 | 25 | 14 | 20 | 24 | ||||
| Others Liabilities ⓘ | 32 | 25 | 34 | 33 | 35 | 48 | ||||
| Total Liabilities ⓘ | 304 | 332 | 384 | 411 | 488 | 624 | ||||
Fixed Assets | ||||||||||
| Gross Block | 202 | 217 | 222 | 235 | 245 | 256 | ||||
| Accumulated Depreciation | 44 | 56 | 67 | 82 | 98 | 114 | ||||
| Net Fixed Assetsⓘ | 158 | 160 | 155 | 153 | 147 | 142 | ||||
| CWIP ⓘ | 0 | 0 | 4 | 0 | 1 | 1 | ||||
| Investmentsⓘ | 55 | 70 | 81 | 142 | 203 | 342 | ||||
| Inventories | 25 | 28 | 33 | 28 | 32 | 32 | ||||
| Trade Receivables | 46 | 45 | 60 | 59 | 55 | 85 | ||||
| Cash Equivalents | 3 | 11 | 38 | 10 | 26 | 12 | ||||
| Others Assetsⓘ | 18 | 19 | 12 | 19 | 25 | 10 | ||||
| Total Assets ⓘ | 304 | 332 | 384 | 411 | 488 | 624 | ||||
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 36 | 58 | 58 | 56 | 79 | 64 |
| PBT ⓘ | 53 | 54 | 64 | 69 | 79 | 89 |
| Adjustment ⓘ | 9 | 11 | 14 | 15 | 13 | 23 |
| Changes in Working Capital ⓘ | -8 | 3 | -5 | -11 | 10 | -23 |
| Tax Paid ⓘ | -19 | -10 | -15 | -17 | -22 | -25 |
| Cash Flow From Investing Activity ⓘ | -44 | -32 | -37 | -60 | -89 | -107 |
| Capex | -45 | -16 | -10 | -11 | -14 | -9 |
| Net Investments | 3 | -11 | -25 | 15 | -70 | 123 |
| Others ⓘ | -2 | -5 | -2 | -64 | -5 | -222 |
| Cash Flow From Financing Activityⓘ | 9 | -18 | -10 | -13 | 11 | 48 |
| Net Proceeds from Shares ⓘ | 2 | 0 | 0 | 0 | 0 | 30 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -1 | -1 | 0 | 0 | -1 | -5 |
| Dividend Paid ⓘ | 0 | 0 | -12 | -11 | 0 | 0 |
| Others ⓘ | 8 | -17 | 3 | -2 | 11 | 23 |
| Net Cash Flow ⓘ | 0 | 8 | 11 | -17 | 1 | 5 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 15.76 | 15.93 | 16.06 | 15.45 | 15.26 | 14.57 | ||||
| ROCE (%) | 20.98 | 20.5 | 21.45 | 20.4 | 19.83 | 18.8 | ||||
| Asset Turnover Ratio | 0.8 | 0.69 | 0.73 | 0.68 | 0.67 | 0.67 | ||||
| PAT to CFO Conversion(x) | 0.95 | 1.41 | 1.21 | 1.08 | 1.34 | 0.94 | Working Capital Days | |||
| Receivable Days | 69 | 76 | 73 | 80 | 69 | 69 | ||||
| Inventory Days | 37 | 44 | 43 | 41 | 36 | 31 | ||||
| Payable Days | 41 | 71 | 87 | 71 | 58 | 57 | ||||
S.J.S. Enterprises is one of the leading players in the Indian decorative aesthetics industry, offered the widest range of aesthetics products in India. The company is a ‘design-to-delivery’ aesthetics solutions provider with the ability to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries. It differentiates itself on the basis of the wide range of its product portfolio, quality of its product offerings, product design and development capabilities and the strength of its relationships with customers located across various industries globally.
In addition to manufacturing aesthetics products that cater to the requirements for two-wheeler, passenger vehicle and consumer appliance industries, the company also manufactures a wide range of aesthetics products that cater to the requirements of the commercial vehicles, medical devices, farm equipment and sanitary ware industries. Its product offerings include decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges, domes, overlays, aluminium badges, ‘In-mould’ label or decoration parts (IML/IMD(s)), lens mask assembly and chrome-plated, printed and painted injection moulded plastic parts. It also offers a variety of accessories for the two-wheelers’ and passenger vehicles’ aftermarket under its ‘Transform’ brand.
Business area of the company
The company is one of the leading decorative aesthetics suppliers with the widest product coverage across decorative aesthetics pertaining to major vehicle segments such as two-wheelers, passenger vehicles and consumer durable.
Awards, certifications, accreditations and recognitions
Major events and milestones
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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