Supreme Petrochem Ltd

Supreme Petrochem Ltd

₹ 367 -2.54%
24 Mar - 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

Product Range
The product range of the company includes General Purpose Polystyrene, High Impact Polystyrene, Masterbatches and Compounds, Styrene Methyl Methacrylate, Expandable Polystyrene and General Purpose Polystyrene. [1]

  • Market Cap 6,901 Cr.
  • Current Price 367
  • High / Low 514 / 336
  • Stock P/E 12.2
  • Book Value 86.8
  • Dividend Yield 0.98 %
  • ROCE 66.2 %
  • ROE 50.5 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 29.4% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 43.7%
  • Company has been maintaining a healthy dividend payout of 34.4%

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

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
622 663 292 694 930 1,269 1,048 1,191 1,296 1,498 1,485 1,235 1,180
610 624 295 578 690 953 850 1,015 1,072 1,190 1,234 1,156 1,062
Operating Profit 12 39 -3 116 239 316 197 176 224 308 252 79 119
OPM % 2% 6% -1% 17% 26% 25% 19% 15% 17% 21% 17% 6% 10%
2 2 2 7 6 6 8 5 8 9 12 12 14
Interest 2 2 2 1 2 2 1 2 1 2 1 1 1
Depreciation 9 9 9 10 10 10 10 11 11 10 11 11 11
Profit before tax 3 31 -13 112 233 311 194 168 221 305 252 78 121
Tax % 22% 23% 6% 23% 26% 26% 25% 24% 25% 26% 25% 24% 26%
Net Profit 2 24 -12 86 172 232 146 127 165 225 189 60 90
EPS in Rs 0.11 1.22 -0.63 4.58 9.13 12.32 7.78 6.76 8.75 11.99 10.06 3.17 4.77
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
1,944 2,273 2,967 3,264 2,653 2,068 2,919 3,027 3,194 2,724 3,185 5,032 5,398
1,783 2,176 2,810 3,175 2,559 1,964 2,621 2,830 3,100 2,576 2,510 4,126 4,641
Operating Profit 160 96 157 90 93 104 297 196 93 148 675 907 757
OPM % 8% 4% 5% 3% 4% 5% 10% 6% 3% 5% 21% 18% 14%
9 4 4 6 3 3 7 8 10 12 16 30 47
Interest 20 32 24 23 17 5 5 5 4 6 8 7 5
Depreciation 20 23 28 29 24 17 22 21 23 36 39 42 43
Profit before tax 129 46 110 44 56 85 278 179 76 118 644 888 756
Tax % 32% 31% 34% 31% 37% 33% 35% 35% 35% 13% 26% 25%
Net Profit 88 31 73 31 36 57 179 116 49 103 477 663 564
EPS in Rs 4.53 1.62 3.76 1.58 1.85 2.96 9.30 6.02 2.55 5.32 25.40 35.28 29.99
Dividend Payout % 31% 43% 33% 47% 41% 51% 24% 37% 59% 52% 30% 22%
Compounded Sales Growth
10 Years: 10%
5 Years: 12%
3 Years: 16%
TTM: 12%
Compounded Profit Growth
10 Years: 22%
5 Years: 29%
3 Years: 137%
TTM: -16%
Stock Price CAGR
10 Years: 29%
5 Years: 19%
3 Years: 80%
1 Year: -15%
Return on Equity
10 Years: 30%
5 Years: 34%
3 Years: 44%
Last Year: 51%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
97 97 97 96 96 96 96 96 96 96 94 38 38
Reserves 196 211 256 268 280 318 486 549 546 577 971 1,478 1,595
158 142 75 32 0 0 0 0 0 29 41 37 27
539 594 601 587 505 523 548 650 578 552 649 725 660
Total Liabilities 990 1,045 1,028 984 881 938 1,130 1,296 1,221 1,255 1,755 2,278 2,319
238 345 366 371 345 333 337 333 331 371 359 337 318
CWIP 97 56 31 4 4 10 13 10 24 8 9 179 252
Investments 0 0 0 0 0 0 0 111 251 135 470 484 508
655 644 631 608 532 595 780 842 615 741 917 1,279 1,241
Total Assets 990 1,045 1,028 984 881 938 1,130 1,296 1,221 1,255 1,755 2,278 2,319

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
121 166 120 95 80 84 69 213 133 119 435 672
-89 -84 -22 -3 -5 -5 -25 -15 -27 -7 -64 -140
-26 -87 -107 -96 -66 -40 -16 -57 -56 -90 -104 -178
Net Cash Flow 6 -5 -9 -5 9 39 27 141 50 22 266 354

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 41 39 40 38 33 50 38 36 33 33 44 30
Inventory Days 58 48 31 22 29 37 46 44 31 40 51 29
Days Payable 96 91 68 60 61 83 65 80 60 74 90 50
Cash Conversion Cycle 4 -4 2 -0 1 3 19 -0 3 -0 4 8
Working Capital Days 4 -1 -0 1 3 8 22 12 5 6 21 9
ROCE % 35% 18% 31% 16% 19% 22% 57% 30% 12% 18% 72% 66%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jan 2023
63.89 63.96 63.96 63.96 63.96 63.96 63.96 64.07 64.14 64.14 64.24 64.24
0.75 0.74 0.91 1.24 1.72 1.89 2.07 2.05 2.13 2.20 2.14 2.15
2.22 2.02 2.02 2.10 2.15 2.15 1.83 2.14 2.18 2.26 2.31 2.31
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.09 0.09
33.15 33.29 33.11 32.70 32.17 32.01 32.14 31.74 31.55 31.31 31.21 31.22

* 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.

Documents

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