Supreme Industries Limited
Supreme Industries Limited is India’s leading plastics product manufacturer, offering a wide and comprehensive range of plastic products in India. The company operates in various product categories viz. Plastic Piping System, Cross Laminated Films & Products, Protective Packaging Products, Industrial Moulded Components, Moulded Furniture, Storage & Material Handling Products, PerformancePackaging Films and Composite LPG Cylinders.
Business Segments:
- Plastic Piping Systems: +14% volume, +11% value (remained growth engine; leadership reiterated).
- Industrial Products: -1% volume, -3% value (management: “continued to witness demand slowdown from OEM customers”).
- Packaging: +5% volume, +3% value.
- Consumer Products: +4% volume, -1% value.
Shareholding Pattern (March 2026)
Financial Summary
| Particular | Mar-22 | Mar-23 | Mar-24 | Mar-25 | Mar-26 |
| Sales – | 7,773 | 9,202 | 10,134 | 10,446 | 11,218 |
| Sales Growth % | 22.31% | 18.38% | 10.14% | 3.08% | 7.38% |
| Expenses + | 6,531 | 8,002 | 8,587 | 9,015 | 9,664 |
| Operating Profit | 1,242 | 1,200 | 1,547 | 1,432 | 1,553 |
| OPM % | 16% | 13% | 15% | 14% | 14% |
| Net Profit + | 968 | 865 | 1,070 | 961 | 954 |
| EPS in Rs | 76.24 | 68.12 | 84.21 | 75.64 | 75.1 |
| Dividend Payout % | 31% | 38% | 36% | 45% | 48% |
Synopsis of Financials:
- Total volumes / revenue: Sold 753,907 MT of plastic goods vs 674,510 MT (+~12% YoY). Revenue from operations: ₹11,218 cr vs ₹10,446 cr (+~7% YoY).
- Profitability (Consolidated): Operating profit ₹1,654 cr (vs ₹1,552 cr; +7%). PAT ₹954 cr (vs ₹961 cr; -1% YoY).
Final Outlook
Summary:
Supreme Industries has maintained steady growth with strong leadership in the plastic piping segment. The company benefits from rising demand in housing, infrastructure, and agriculture sectors. Revenue growth remains healthy, while margins have stayed stable despite raw material cost fluctuations. The company is also expanding manufacturing capacity to support future demand. However, slower demand in industrial products and dependence on raw material prices may impact short-term profitability. Overall, the company remains financially strong with stable long-term growth potential.
Recent Performance (FY26 – Easy View)
- Revenue: ₹11,218 Cr (+7% YoY)
- Volume growth remained strong at ~12% YoY
- Operating Profit: ₹1,654 Cr (+7% YoY)
- PAT remained almost flat at ₹954 Cr
- Plastic piping business remained the main growth driver
- Industrial products segment faced weaker demand from OEM customers
👉 Simple Understanding
- Revenue has grown steadily over the years
- Margins remain stable around 14–15%
- Profit growth is moderate due to raw material price fluctuations
- Dividend payout has improved consistently
Supreme Industries is a well-managed market leader with stable earnings, strong brand presence, and long-term growth opportunities driven by infrastructure and construction demand. The company’s expansion plans and strong balance sheet support future growth. However, moderate profit growth and relatively expensive valuations may limit near-term upside.
