Supreme Petrochem Ltd

Supreme Petrochem Ltd

₹ 692 0.12%
26 Apr - close price
About

Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics and other Polymers. [1]

Key Points

Promoter Lineage[1]
The company has strong promoter lineage of Raheja’s (Exide, Prism Johnson, Sonata
Software) and Taparia’s (Supreme Industries). SPL was formed as a JV between them.

  • Market Cap 13,004 Cr.
  • Current Price 692
  • High / Low 783 / 353
  • Stock P/E 37.5
  • Book Value 107
  • Dividend Yield 1.30 %
  • ROCE 23.8 %
  • ROE 17.9 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 29.9%
  • Company has been maintaining a healthy dividend payout of 38.6%

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Petrochemicals Industry: Petrochemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,269 1,048 1,191 1,296 1,498 1,485 1,235 1,180 1,387 1,225 1,278 1,188 1,563
953 850 1,015 1,072 1,190 1,234 1,156 1,061 1,179 1,135 1,171 1,093 1,388
Operating Profit 316 197 176 224 307 252 79 119 208 90 106 95 175
OPM % 25% 19% 15% 17% 21% 17% 6% 10% 15% 7% 8% 8% 11%
6 8 5 8 9 12 12 14 21 18 16 16 19
Interest 2 1 2 1 1 1 1 1 1 1 2 3 2
Depreciation 10 10 11 11 10 11 11 11 14 14 14 15 16
Profit before tax 311 194 168 221 305 252 78 121 215 94 106 92 177
Tax % 26% 25% 24% 25% 26% 25% 24% 26% 26% 26% 26% 27% 26%
232 146 127 165 225 189 60 90 159 69 78 68 132
EPS in Rs 12.32 7.78 6.76 8.75 11.99 10.06 3.18 4.78 8.47 3.68 4.15 3.60 6.99
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2,967 3,264 2,653 2,068 2,919 3,027 3,194 2,724 3,185 5,032 5,287 5,253
2,810 3,175 2,559 1,964 2,621 2,830 3,100 2,576 2,510 4,126 4,626 4,787
Operating Profit 157 90 93 104 297 196 93 148 675 907 661 467
OPM % 5% 3% 4% 5% 10% 6% 3% 5% 21% 18% 12% 9%
4 6 3 3 7 8 10 12 16 30 59 68
Interest 24 23 17 5 5 5 4 6 8 7 6 7
Depreciation 28 29 24 17 22 21 23 36 39 42 47 59
Profit before tax 110 44 56 85 278 179 76 118 644 888 667 468
Tax % 34% 31% 37% 33% 35% 35% 35% 13% 26% 25% 25% 26%
73 31 36 57 179 116 49 103 477 663 498 346
EPS in Rs 3.76 1.58 1.85 2.96 9.30 6.02 2.55 5.32 25.40 35.28 26.49 18.43
Dividend Payout % 33% 47% 41% 51% 24% 37% 59% 52% 30% 26% 42% 49%
Compounded Sales Growth
10 Years: 6%
5 Years: 10%
3 Years: 18%
TTM: -1%
Compounded Profit Growth
10 Years: 17%
5 Years: 48%
3 Years: -10%
TTM: -27%
Stock Price CAGR
10 Years: 36%
5 Years: 46%
3 Years: 26%
1 Year: 81%
Return on Equity
10 Years: 28%
5 Years: 32%
3 Years: 30%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 97 96 96 96 96 96 96 96 94 38 38 38
Reserves 256 268 280 318 486 549 546 577 971 1,478 1,806 1,982
75 32 0 0 0 0 0 29 41 37 17 114
601 587 505 523 548 650 578 552 649 725 870 932
Total Liabilities 1,028 984 881 938 1,130 1,296 1,221 1,255 1,755 2,278 2,731 3,065
366 371 345 333 337 333 331 371 359 337 527 769
CWIP 31 4 4 10 13 10 24 8 9 179 108 233
Investments 0 0 0 0 0 111 251 135 470 484 563 572
631 608 532 595 780 842 615 741 917 1,279 1,534 1,492
Total Assets 1,028 984 881 938 1,130 1,296 1,221 1,255 1,755 2,278 2,731 3,065

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
120 95 80 84 69 213 133 119 435 671 324 557
-22 -3 -5 -5 -25 -15 -27 -7 -64 -140 -149 -182
-107 -96 -66 -40 -16 -57 -56 -90 -104 -177 -194 -197
Net Cash Flow -9 -5 9 39 27 141 50 22 266 354 -19 178

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 40 38 33 50 38 36 33 33 44 30 25 27
Inventory Days 31 22 29 37 46 44 31 40 51 29 55 39
Days Payable 68 60 61 83 65 80 60 74 90 50 66 66
Cash Conversion Cycle 2 -0 1 3 19 -0 3 -0 4 8 14 0
Working Capital Days -0 1 3 8 22 12 5 6 21 9 20 42
ROCE % 31% 16% 19% 22% 57% 30% 12% 18% 72% 66% 37%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.96% 63.96% 63.96% 64.07% 64.14% 64.14% 64.24% 64.24% 64.24% 64.24% 64.24% 64.24%
1.72% 1.89% 2.07% 2.05% 2.13% 2.20% 2.14% 2.12% 2.00% 1.99% 2.46% 2.92%
2.15% 2.15% 1.83% 2.14% 2.18% 2.26% 2.31% 2.33% 2.33% 2.80% 2.62% 2.61%
0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09%
32.17% 32.01% 32.14% 31.74% 31.55% 31.31% 31.21% 31.22% 31.35% 30.86% 30.59% 30.15%
No. of Shareholders 56,76253,40852,67350,96249,36349,97749,06749,56349,46448,37048,83046,831

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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