SJS Enterprises Q2 FY27 Results: Consolidated Net Profit ₹58.33 Crore on Total Income of ₹289 Crore
- Earnings
- auto components
Reviewed byRachit TripathiBlacklitt Research
SJS Enterprises (NSE: SJS) reported consolidated total income of ₹288.99 crore and net profit of ₹58.33 crore for the quarter ended 30 Sep 2026, it said in a filing on 04 Nov 2026. Standalone total income was ₹163.93 crore and standalone net profit ₹39.77 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹288.99 crore, up 17.4% YoY and 8.5% QoQ
- Net profit and EPS: ₹58.33 crore, up 34.8% YoY and down 21.6% QoQ; basic EPS ₹18.08
- Other income: ₹6.26 crore, up 39.8% YoY, 2.2% of total income
Standalone
The company on its own, without its subsidiaries
- Total income: ₹163.93 crore, up 10.1% YoY and 8.9% QoQ
- Net profit and EPS: ₹39.77 crore, up 23.1% YoY and down 33.4% QoQ; basic EPS ₹12.40
- Other income: ₹6.00 crore, up 65.0% YoY, 3.7% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 288.99 | 246.24 | +17.4% | 266.28 | +8.5% | |
| Revenue from operations | 282.73 | 241.76 | +16.9% | 261.00 | +8.3% |
| Other income | 6.26 | 4.48 | +39.8% | 5.29 | +18.4% |
| 58.33 | 43.27 | +34.8% | 74.42 | -21.6% | |
| Profit before tax | 78.20 | 58.05 | +34.7% | 95.60 | -18.2% |
| Finance costs | 0.54 | 0.96 | -43.6% | 0.56 | -2.9% |
| Depreciation | 10.90 | 13.84 | -21.2% | 11.75 | -7.3% |
| Tax expense | 19.88 | 14.78 | +34.5% | 21.18 | -6.1% |
| Net profit margin | 20.18% | 17.57% | +2.61 pp | 27.95% | -7.77 pp |
| EPS, basic (₹) | 18.08 | 13.73 | +31.7% | 23.18 | -22.0% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit grew faster than income over the year. Net profit rose 34.8% to ₹58.33 crore while total income rose 17.4%, and profit before tax rose 34.7% to ₹78.20 crore.
Revenue from operations rose 16.9% YoY, slower than other income, which rose 39.8% to ₹6.26 crore. Finance costs fell 43.6% to ₹0.54 crore, which is 0.2% of total income. Depreciation fell 21.2% from a year earlier, to ₹10.90 crore.
Against the previous quarter, profit fell. Net profit dropped 21.6% from ₹74.42 crore while total income rose 8.5%. The notes say the previous quarter included an exceptional item of ₹27.95 crore from the sale of a freehold land and building on 15 Jun 2026, so that quarter is not a like-for-like base. The filing does not give the tax rate's movement beyond the tax figures shown; tax expense was ₹19.88 crore, 25.4% of profit before tax.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 163.93 | 148.94 | +10.1% | 150.50 | +8.9% | |
| Revenue from operations | 157.94 | 145.31 | +8.7% | 145.53 | +8.5% |
| Other income | 6.00 | 3.64 | +65.0% | 4.96 | +20.8% |
| 39.77 | 32.32 | +23.1% | 59.74 | -33.4% | |
| Profit before tax | 53.37 | 43.40 | +22.9% | 75.71 | -29.5% |
| Finance costs | 0.36 | 0.47 | -22.8% | 0.35 | +2.8% |
| Depreciation | 4.91 | 6.96 | -29.5% | 4.90 | +0.1% |
| Tax expense | 13.59 | 11.09 | +22.6% | 15.97 | -14.9% |
| Net profit margin | 24.26% | 21.70% | +2.56 pp | 39.70% | -15.43 pp |
| EPS, basic (₹) | 12.40 | 10.31 | +20.3% | 18.67 | -33.6% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 23.1% YoY to ₹39.77 crore, against total income growth of 10.1%. Profit before tax rose 22.9% to ₹53.37 crore.
Standalone other income rose 65.0% to ₹6.00 crore and makes up 11.2% of profit before tax. Revenue from operations rose 8.7%, so other income grew much faster than operating revenue. Depreciation fell 29.5% to ₹4.91 crore.
Net profit fell 33.4% from ₹59.74 crore in the previous quarter, while total income rose 8.9%.
Inference
The filing says the Board approved raising the investment limit in SJS Display Electronics Private Limited, a wholly owned subsidiary, from ₹10 crore to ₹50 crore, and an inter-corporate loan of up to ₹50 crore to it. The filing does not say why the limit and loan were raised, or what business the subsidiary will carry out.
The filing also says the company acquired the 9.90% non-controlling stake in Walter Pack Automotive Products India Private Limited from Mr. Roy Mathew for ₹199.22 million, and allotted 6,750 equity shares under its ESOP 2021 scheme. The filing does not give a reason for the stake purchase. The auditors' review report carries no exception on either set of results. The results filing states no dividend.
Filed with BSE on . Reference: Original filing (PDF)
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