SJS Enterprises Ltd - Stock Valuation and Financial Performance

BSE: 543387 | NSE: SJS | Auto Ancillary | Small Cap

SJS Enterprises Share Price

1,121.15 7.85 0.71%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on SJS Enterprises

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

SJS Enterprises stock performance -

mw4me loader
P/E Ratio (SA):
42.81
Market Cap:
3,483.4 Cr.
52-wk low:
552.9
52-wk high:
1,275

Is SJS Enterprises Ltd an attractive stock to invest in?

1. Is SJS Enterprises Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that SJS Enterprises Ltd is a good quality company.

2. Is SJS Enterprises Ltd undervalued or overvalued?

The key valuation ratios of SJS Enterprises Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is SJS Enterprises Ltd a good buy now?

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.

10 Year X-Ray of SJS Enterprises:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
SJS Enterprises Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 21%20.5%21.5%20.4%19.8%18.8%-
Value Creation
Index
0.50.50.50.50.40.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 237216252268296363396
Sales YoY Gr.--8.9%16.4%6.5%10.6%22.7%-
Adj EPS 13.913.41616.91921.826
YoY Gr.--4.2%19.6%5.8%12.6%14.7%-
BVPS (₹) 78.491.9103.6117136.1165.4180.4
Adj Net
Profit
42.440.648.651.457.867.681
Cash Flow from Ops. 35.858.357.956.579.264.3-
Debt/CF from Ops. 0.70.10.20.10.20.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA8.9%13%22.7%
Adj EPS NA9.4%10.9%14.7%
BVPSNA16.1%16.9%21.5%
Share Price - - 33.7% 81.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
17.815.716.315.314.914.415
Op. Profit
Mgn %
2929.830.830.829.628.929.8
Net Profit
Mgn %
17.918.819.319.219.518.620.6
Debt to
Equity
0.10000.10.10
Working Cap
Days
015013714313211876
Cash Conv.
Cycle
0826884766946

Recent Performance Summary

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

Latest Financials - SJS Enterprises Ltd.

Standalone Consolidated
TTM EPS (₹) 26 33.3
TTM Sales (₹ Cr.) 396 729
BVPS (₹.) 180.4 192.8
Reserves (₹ Cr.) 533 572
P/BV 6.17 5.77
PE 42.81 33.39
From the Market
52 Week Low / High (₹) 552.90 / 1274.95
All Time Low / High (₹) 340.00 / 1274.95
Market Cap (₹ Cr.) 3,483
Equity (₹ Cr.) 31.3
Face Value (₹) 10
Industry PE 51.1

Management X-Ray of SJS Enterprises:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of SJS Enterprises

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales237216252268296363
Operating Expenses 169152175186209259
Manufacturing Costs242529334147
Material Costs958297101110143
Employee Cost 323336414550
Other Costs 181213111320
Operating Profit 6864768287104
Operating Profit Margin (%) 28.8%29.5%30.3%30.7%29.5%28.7%
Other Income 454397
Interest 221116
Depreciation 101315151617
Exceptional Items -700000
Profit Before Tax 535464697989
Tax 151316182021
Profit After Tax 384148525968
PAT Margin (%) 15.8%19.1%19.0%19.4%19.8%18.6%
Adjusted EPS (₹)12.413.615.717.019.321.8
Dividend Payout Ratio (%)0%0%25%21%0%9%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 239280315356414513
Share Capital 303030303031
Reserves 208249285326384482
Minority Interest000000
Debt236981939
Long Term Debt0000031
Short Term Debt23698197
Trade Payables112125142024
Others Liabilities 322534333548
Total Liabilities 304332384411488624

Fixed Assets

Gross Block202217222235245256
Accumulated Depreciation4456678298114
Net Fixed Assets158160155153147142
CWIP 004011
Investments 557081142203342
Inventories252833283232
Trade Receivables464560595585
Cash Equivalents 31138102612
Others Assets181912192510
Total Assets 304332384411488624

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 365858567964
PBT 535464697989
Adjustment 91114151323
Changes in Working Capital -83-5-1110-23
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 3-11-2515-70123
Others -2-5-2-64-5-222
Cash Flow From Financing Activity 9-18-10-131148
Net Proceeds from Shares 2000030
Net Proceeds from Borrowing 000000
Interest Paid -1-100-1-5
Dividend Paid 00-12-1100
Others 8-173-21123
Net Cash Flow 0811-1715
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)15.7615.9316.0615.4515.2614.57
ROCE (%)20.9820.521.4520.419.8318.8
Asset Turnover Ratio0.80.690.730.680.670.67
PAT to CFO Conversion(x)0.951.411.211.081.340.94
Working Capital Days
Receivable Days697673806969
Inventory Days374443413631
Payable Days417187715857

SJS Enterprises Ltd Stock News

SJS Enterprises Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of SJS Enterprises on 21-Nov-2024 16:59 is ₹1,121.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of SJS Enterprises stood at ₹3,483.4.
The latest P/E ratio of SJS Enterprises as of 21-Nov-2024 16:59 is 42.81.
The latest P/B ratio of SJS Enterprises as of 21-Nov-2024 16:59 is 6.17.
The 52-week high of SJS Enterprises is ₹1,275 and the 52-week low is ₹552.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of SJS Enterprises is ₹395.6 ( Cr.) .

About SJS Enterprises Ltd

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

  • 2012: Received “Certificate of Appreciation for Significant Contribution and Support Towards Localisation of Components” from Salcomp India.
  • 2012: Received “Recognition Award” for valuable support and contribution from Honda.
  • 2013: Received the “Gold Award” from QCFI, Bengaluru chapter on Quality Concept. 2013: Received “Certificate of Appreciation for Significant Contribution and Support Towards Localisation of Components” from Salcomp India.
  • 2014: Received the “Gold Award” from QCFI, Bengaluru chapter at RCQC 2014
  • 2015: Received “Excellence Award for Development” from Yamaha Motor India Group.
  • 2015: Received “Vendor Performance Award - Cost Reduction Wave” from Suzuki Motorcycle India Private Limited.
  • 2016: Received the “Gold Award” from QCFI, Bengaluru chapter on Quality Concept.
  • 2016: Received the “Gold Award” from QCFI at the Regional Convention on Quality Concept, Mysore.
  • 2016: Received a “Certificate of Appreciation” from Mindarika Private Limited.
  • 2017: Received “Excellence Award for Cost” from Yamaha Motor India Group.
  • 2017: Received “Whirlpool Supplier Award - Quality Excellence” from Whirlpool Corporation.
  • 2017: Received “Certificate of Appreciation in recognition of Grade ‘A’ in Supplier Evaluation 2016”.
  • 2017: Received “Recognition Award” for valuable support and contribution from Honda.
  • 2018: Received recognition for “Supply Chain Partnership” from Royal Enfield.
  • 2018: Received the “Excellence Award” at the National Convention on Quality Concepts, Gwalior from QCFI.
  • 2018: Received the “Gold Award” at the Chapter Convention on Quality Concept, Mysore.
  • 2018: Awarded second position at the First Zonal Competition on Poka-Yoke by ACMA (Southern Region).
  • 2019: Received “Performance Award - Spare Delivery” from Suzuki Motorcyle India Private Limited.
  • 2019: Received a certificate for “Great Workplace” in category of “Small and Mid-Sized Organizations” from Great Place to Work Institute, India.
  • 2019: Received a “Gold” certificate for “Building Design and Construction: New Construction and Major Renovations” from Green Business Certification Inc.
  • 2019: Received the “Gold Award” from QCFI, Bengaluru chapter on Quality Concept.
  • 2019: Awarded second position at the Second Zonal Kaizen Contest by ACMA (Southern Region).
  • 2020: Received a certificate for “Great Workplace” in category of “Small and Mid-Sized Organizations” from Great Place to Work Institute, India.

Major events and milestones 

  • 1987: Incorporated as a partnership firm in the name of “SJS Enterprises”.
  • 2006: Joint Venture with Serigraph, a US based commercial printing player,
  • 2010: Entry into new product lines in segments such as 3D lux badges.
  • 2015: Acquisition of majority stake by Evergraph.
  • 2016: Entry into new product lines - aluminium badges.
  • 2018: New manufacturing facility commissioned with 235,000 sq. ft. area.
  • 2018: Entry into new product lines - IMD/ IML parts.
  • 2020: Entry into new product line - formed appliques segment.
  • 2021: Acquisition of Exotech
  • 2021: Entry into chrome plating.
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