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
Particulars | March 2024 | March 2023 | March 2022 |
Sales | 10,134 | 9,202 | 7,773 |
Sales Growth % | 10.14% | 18.38% | 22.31% |
Expenses | 8,587 | 8,002 | 6,531 |
Operating Profit | 1,547 | 1,200 | 1,242 |
OPM % | 15% | 13% | 16% |
Profit after tax | 1,070 | 865 | 968 |
EPS in Rs | 84.21 | 68.12 | 76.24 |
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.