Supreme Industries Ltd

Supreme Industries Ltd

₹ 5,247 -0.49%
07 May - close price
About

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, Performance
Packaging Films and Composite LPG Cylinders.[1]

Key Points

Supreme Group[1]
Supreme Industries Ltd. : Engaged in processing of polymers and resins into finished plastic products. It has 30.78% stake in Supreme Petrochem Ltd.
Supreme Industries Overseas (FZE) - It is a WOS in UAE.
Supreme Petrochem Ltd.: Manufactures Polystyrene, Expanded Polystyrene (normal and food grade), Extruded Polystyrene Foam, Speciality Polymers Compounds & Masterbatches, Styrene Methyl Methacralate (SMMA).

  • Market Cap 66,655 Cr.
  • Current Price 5,247
  • High / Low 5,539 / 2,715
  • Stock P/E 62.3
  • Book Value 402
  • Dividend Yield 0.57 %
  • ROCE 29.6 %
  • ROE 22.5 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 23.4%
  • Company has been maintaining a healthy dividend payout of 35.1%
  • Company's working capital requirements have reduced from 38.5 days to 30.3 days

Cons

  • Stock is trading at 13.0 times its book value

* 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: Plastic products Industry: Plastics Products

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
2,083 1,342 1,929 1,945 2,557 2,206 2,087 2,311 2,598 2,369 2,309 2,449 3,008
1,573 1,120 1,618 1,627 2,166 1,937 1,939 2,007 2,118 2,047 1,952 2,070 2,517
Operating Profit 510 222 311 318 391 269 147 303 480 322 356 379 491
OPM % 24% 17% 16% 16% 15% 12% 7% 13% 18% 14% 15% 15% 16%
79 49 43 54 78 63 24 36 61 36 37 42 59
Interest 5 2 1 0 2 2 1 1 4 2 2 5 8
Depreciation 55 56 57 57 59 62 65 65 72 72 72 77 77
Profit before tax 528 213 296 314 409 268 105 273 465 283 319 338 465
Tax % 15% 20% 23% 22% 21% 20% 22% 23% 23% 24% 24% 24% 24%
450 170 229 246 324 214 82 210 359 216 243 256 355
EPS in Rs 35.46 13.40 18.00 19.34 25.50 16.84 6.46 16.53 28.30 16.97 19.14 20.17 27.93
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3,404 3,961 4,254 2,960 4,462 4,969 5,612 5,512 6,355 7,773 9,202 10,134
2,868 3,373 3,588 2,498 3,700 4,182 4,827 4,676 5,071 6,531 8,002 8,587
Operating Profit 536 589 666 462 762 787 785 835 1,284 1,242 1,200 1,547
OPM % 16% 15% 16% 16% 17% 16% 14% 15% 20% 16% 13% 15%
3 6 5 -4 8 38 89 32 163 224 183 173
Interest 55 79 60 32 34 21 26 20 22 5 8 16
Depreciation 82 102 139 105 154 167 184 206 213 230 263 298
Profit before tax 401 414 472 322 582 637 664 641 1,212 1,232 1,111 1,405
Tax % 33% 34% 34% 37% 35% 32% 32% 27% 19% 21% 22% 24%
290 283 322 221 430 432 449 467 978 968 865 1,070
EPS in Rs 22.84 22.31 25.38 17.43 33.88 33.99 35.32 36.80 77.00 76.24 68.12 84.21
Dividend Payout % 33% 36% 35% 43% 44% 35% 37% 38% 29% 31% 38% 36%
Compounded Sales Growth
10 Years: 12%
5 Years: 13%
3 Years: 17%
TTM: 10%
Compounded Profit Growth
10 Years: 14%
5 Years: 22%
3 Years: 3%
TTM: 24%
Stock Price CAGR
10 Years: 28%
5 Years: 39%
3 Years: 34%
1 Year: 88%
Return on Equity
10 Years: 25%
5 Years: 25%
3 Years: 23%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 25 25 25 25 25 25 25 25 25 25 25 25
Reserves 854 1,014 1,186 1,290 1,670 1,869 2,129 2,236 3,144 3,819 4,377 5,083
470 473 393 412 279 248 162 441 38 46 51 55
684 668 753 697 832 793 913 917 1,075 1,106 1,241 1,392
Total Liabilities 2,032 2,179 2,357 2,425 2,807 2,936 3,229 3,619 4,282 4,996 5,694 6,556
1,028 1,088 1,033 1,185 1,263 1,353 1,521 1,608 1,714 1,767 2,064 2,327
CWIP 33 18 100 68 47 75 90 93 51 156 84 144
Investments 110 107 121 126 175 194 222 207 337 476 577 638
862 966 1,104 1,046 1,322 1,314 1,396 1,711 2,180 2,597 2,969 3,447
Total Assets 2,032 2,179 2,357 2,425 2,807 2,936 3,229 3,619 4,282 4,996 5,694 6,556

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
406 325 601 296 465 508 556 539 1,246 470 890 1,413
-363 -134 -186 -218 -202 -267 -240 -196 -199 -403 -345 -609
-32 -188 -260 -234 -210 -284 -316 -156 -506 -310 -327 -382
Net Cash Flow 11 4 155 -155 52 -43 0 188 542 -243 219 423

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 22 22 20 29 23 28 25 21 22 22 20 18
Inventory Days 76 68 60 107 101 80 74 94 70 88 78 72
Days Payable 57 38 39 66 59 56 55 58 60 55 51 54
Cash Conversion Cycle 41 52 42 70 64 52 44 57 33 54 47 37
Working Capital Days 16 23 10 23 37 40 34 41 20 45 40 30
ROCE % 38% 34% 34% 22% 33% 32% 28% 26% 42% 35% 27%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
48.85% 48.85% 48.85% 48.85% 48.85% 48.85% 48.85% 48.85% 48.85% 48.85% 48.85% 48.85%
10.82% 10.38% 16.16% 16.16% 15.79% 16.32% 17.41% 18.10% 19.06% 23.85% 24.65% 24.68%
24.66% 25.30% 19.70% 19.65% 19.69% 19.15% 18.52% 17.96% 17.12% 12.54% 11.95% 11.41%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.25% 0.00%
15.67% 15.47% 15.29% 15.34% 15.67% 15.68% 15.22% 15.11% 14.98% 14.76% 14.32% 15.07%
No. of Shareholders 64,78161,82963,68372,11177,84281,12873,53680,30864,52071,25967,83767,813

* 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.

Click on the line-items to see the names of individual entities.

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