BlogAnalyizationSupreme Industries Limited

Supreme Industries Limited

The Supreme Industries Limited, founded in
1942, has been relevant with the changing times
and continues to be a household name solely
because of the core values that we uphold.
Supreme holds its unparalleled position as a
holistic conglomerate because of the way we
work towards setting new industry standards, the
relationships we forge, and our innovations that
impact plenty of lives. Supreme Industries
Limited is India’s leading plastics product
manufacturer, offering a wide and comprehensive
range of plastic products in India.

Key Business

  • Plastics piping systems
  • Moulded Furniture
  • Protective packaging Products
  • Multi Layer Cross laminated Films
  • Industrial Moulded Products
  • Material handeling Products
  • Performance Films
  • Composite cylinders

Shareholding Pattern

  • PUBLIC GROUP
  • PROMOTER GROUP

Financial Summary

ParticularsMarch 2024March 2023March 2022
Sales 10,1349,2027,773
Sales Growth %10.14%18.38%22.31%
Expenses8,5878,0026,531
Operating Profit1,5471,2001,242
OPM %15%13%16%
Profit after tax1,070865968
EPS in Rs84.2168.1276.24

Synopsis of Financials

  • Net product turnover of Rs. 2,979 crores in the 4th quarter, representing a 16% growth in product value.
  • For the year under review, the company sold 639,701 MT of plastic goods, achieving a volume growth of about 26%.
  • Consolidated operating profit and profit after tax increased by 22% and 24% respectively for the year under review.

Final Outlook

  • The stock had a constant gain from July, because of the good Quarter results and in Aug. They issued a statement of expanding and having million- tonne capacity next year.Company has been debt free and has a Cash surplus of 951 crore as at 30 june,23 which gives a strong liquidity strengh of the company.There has been a Constant growth from 2022-2023 in the share price, in 2023 volatility was seen as price trailed mainly between 4600-3900.
  • Supreme Industries posted robust volume growth, with the pipes division growing 41 percent on-year, beating Nuvama Institutional Equities estimate of 30 percent. Overall, volumes rose 33 percent YoY.
  • The volumes were driven by strong demand for infra pipes and a pickup in real estate demand—outpacing industry growth of 13.8 percent, reflecting robust market share gains, the brokerage said.
  • Given the robust demand outlook, particularly for pipes, management raised FY25E plastic pipes volume growth guidance to 25 percent and for volumes to 20 percent. The growth is likely to be supported by acceleration in capex to Rs 1,500 crore, up from Rs 1,000 crore indicated earlier.
Supreme-Industries-Limited-PDF-report


Leave a Reply

Your email address will not be published. Required fields are marked *

Ready to secure your finance?

Don’t let uncertainty hold you back. Take control of your financial future today. Contact CSA Advisor and discover the power of expert guidance and tailored investment strategies. Our dedicated team is eager to assist you in achieving your financial goals. Reach out to us now to schedule a consultation or to learn more about how we can help you.

CIN: U65929HR2022PTC100418
AMFI Registration Number (ARN): 270300

Location

Corporate Office: 25A, Tower B2, Spaze I-Tech Park, Sector 49, Sohna Road, Gurgaon, Haryana, India: 122018

© 2024 · MIT SoftWorks · CSA Advisor

Open chat
Hello!
How can we help you?