SJS ACHIEVED ITS FY24 GUIDANCE OF 45% YOY REVENUE GROWTH

 https://youtu.be/CuW3jiEaXCQ?si=cHgjKc1a038P7W6G

  • SJS ACHIEVED ITS FY24 GUIDANCE OF 45% YOY REVENUE GROWTH 
  • Delivered revenue growth of 45.0% YoY to ₹ 6,278.0 Mn, registering better-than automotive industry production volume growth of 9.7% YoY 
  • EBITDA consistently maintaining robust margins at 25.2%
  • PAT at ₹ 85 cr, 26.9% YoY growth, with a margin of 13.6%. 
  • Exports constituted 7.7% of total consolidated sales
  • Two wheelers now contribute 37% of revenue, passenger vehicles contribute 36%, consumer segment 20% and others 7% 
  • Company is getting future ready with the new generation products contribution increasing from 9.4% in FY23 to 25.2% in FY24, post WPI acquisition 
  • Consolidated ROCE during the quarter stands at 20.4% and ROE at 15.2%. ROCE was lower due to WPI acquisition. This will improve gradually over a period of time and with better utilisation of new investments over next 1-2 years 
  • During FY24, the company achieved robust free cash flows of Rs. 75cr

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