Earnings Call Transcript for Q1 FY27.

August 11, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Corporate Relationship Department, Plot No. C/1, G Block, 2nd Floor, New Trading Wing, Bandra – Kurla Complex, Rotunda Building, P.J. Towers, Bandra (E), Mumbai -400 051 Dalal Street, Mumbai – 400 001 Symbol: SJS Scrip Code: 543387 ISIN: INE284S01014 Dear Sir/Madam, Subject: Transcripts of Analysts/Investor Meet/ Earnings Call of the Company pertaining to Q1 of FY 2026-27 Please find enclosed the transcripts of the Analysts/Investor Meet/ Earnings Call of Q1 FY 2026-27 held on August 07, 2026 at 12.00 pm (IST). You are requested to kindly take the same on record. Thanking you. Yours faithfully, For S.J.S. Enterprises Limited Thabraz Hushain W. Company Secretary and Compliance Officer Membership No.: A51119 Encl: As above SJS Enterprises Limited Q1FY27 Earnings Conference Call Aug 07, 2026 Management: Mr. K.A. Joseph – Managing Director & Promoter Mr. Sanjay Thapar – Group CEO & Executive Director Mr. Mahendra Naredi – Group Chief Financial Officer Ms. Devanshi Dhruva – Head – Investor Relations Analyst: Mr. Munindra Upadhyay – Elara Securities Page 1 of 19 SJS Enterprises Limited August 07, 2026 Moderator: Ladies and gentlemen, good day and welcome to the SJS Enterprises Limited Q1FY27 Earnings Conference Call hosted by Elara Securities India Private Limited. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing “*” then “0” on your touch- tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Munindra Upadhyay. Thank you and over to you, sir. Munindra Upadhyay: Thank you, Anushka. Good day, everyone. On behalf of Elara Securities, I welcome you all to the Q1FY27 Results Conference Call of SJS Enterprises Limited. I also welcome the Senior Management of SJS, Mr. K. A. Joseph – Promoter and Managing Director; Mr. Sanjay Thapar – Group CEO and Executive Director, and Mr. Mahendra Naredi – Group CFO. Now I will hand over the call to Ms. Devanshi Dhruva – Head of Investor Relations, to take it forward. Over to you, Devanshi. Devanshi Dhruva: Thank you, Munindra. Good afternoon, ladies and gentlemen, and thank you for being with us over the call today. We appreciate it. Moving on, this is how we intend to take today's conference call forward. I will pass on the dais to Mr. K. A. Joseph – our MD, who will make his opening remarks and then hand it over to Mr. Sanjay Thapar – our Group CEO and Executive Director, who will take you all through some of the slides of our presentation that has been uploaded on the stock exchanges as well as on our website. Mr. Thapar will take you all through the industry-view, our business performance, and then give a strategic outlook for the future growth of the company at the end. And Mr. Mahendra Naredi – our Group CFO, will update you on our financial highlights, post which we will open the floor for Q&A. The duration of this call is around 60 minutes and we will try to wrap our comments in about 20 minutes so that we leave enough time for you guys to ask questions. If the time is not enough, please feel free to reach out to us through email and I will try to answer all your questions to the best of my ability. Thank you once again and I will now hand it over to Mr. Joseph to make his opening comment. Over to you, Joe Sir. Page 2 of 19 SJS Enterprises Limited August 07, 2026 K.A. Joseph: Yes, thank you, Devanshi, for the introduction. Good afternoon, everyone and thank you for joining us today. I hope you all had the opportunity to review our investor presentation and the financial results announced yesterday. The Indian automotive industry maintained a healthy growth trajectory during the first quarter of FY27, supported by resilient demand across both passenger vehicle and two-wheeler segments. Structural trends such as premiumization, increasing content per unit, and growing consumer preference for differentiated products continue to shape the industry landscape. These trends reinforce the long-term opportunity for companies like SJS with differentiated capabilities in aesthetics, design, and value-added solutions. Against this backdrop, SJS delivered another quarter of industry-leading performance, marking our 27th consecutive quarter of outperforming the underlying automotive industry. During the quarter, our automotive business registered a year-on-year growth of 32.4%, significantly ahead of the 21.7% growth recorded by the combined passenger vehicle and two-wheeler industry. The strong performance reflects the resilience of our diversified product portfolio, deepening engagement with OEM customers, and our continued focus on expanding premium content across vehicle platforms. We delivered our highest-ever quarterly revenue of Rs. 2,610 mn, representing a year-on-year growth of 24.5%. This performance was driven by a robust 45.4% year-on-year growth in the passenger vehicle segment, supported by sustained momentum in the two-wheeler business and a strong contribution from exports. The quarter also marked our highest-ever quarterly profitability since listing. Alongside our revenue growth, we delivered healthy profitability, supported by a favorable product mix, higher export contribution, and sustained operational excellence. Strong cash flow generation and healthy cash position continue to provide us with financial flexibility to invest in capacity expansion, pursue strategic growth initiatives, and evaluate value- accretive opportunities. Looking ahead, we remain focused on deepening consumer partnerships, accelerating development of next-generation products and technologies, backed by continued investment in innovation, manufacturing capabilities, and technology. We believe SJS is well-positioned to sustain its growth momentum and create long-term value for all our stakeholders. With that, I would now like to hand over the call to Sanjay, who will take you all through the business and industry highlights for the quarter. Thank you and over to you, Sanjay. Sanjay Thapar: Thank you Joe. Good afternoon, everyone. I am pleased to share that our company has delivered yet another quarter of strong operational and financial performance, underpinned by resilient customer demand, sustained business wins, Page 3 of 19 SJS Enterprises Limited August 07, 2026 and our continued focus on premium and technology-led solutions. We once again outperformed the underlying automotive industry while delivering our highest ever quarterly revenue and profitability since listing. This reflects the strength of our diversified business model and disciplined execution. Let me begin by highlighting some of the key developments for the quarter: In Q1FY27, the combined passenger vehicle and two-wheeler industry recorded a year-on-year growth of 21.7%, while SJS automotive business grew by 32.4%, outperforming the industry by approximately 1.5 times. This performance was driven by a robust 45.4% year-on-year growth in the passenger vehicle segment, complemented by a healthy 19.5% growth in the two-wheeler segment, and a strong performance on export front, demonstrating the increased adoption of our differentiated product portfolio across leading global OEMs. We reported our highest ever quarterly revenue of Rs. 2,610 mn, representing a year-on-year growth of 24.5%. EBITDA increased to Rs. 799.6 mn, with EBITDA margin expanding to 30%, supported by a favorable product mix, higher export contribution and sustained operational excellence. Profit after tax reached a record Rs. 744.2 mn, registering a year-on-year growth of 115%, with PAT margin improving to 28.5%. Healthy cash flow generation during the quarter further strengthened our balance sheet, reinforcing our net cash position and providing financia [Showing first 8,000 characters — download PDF for full document]