Supreme Industries Ltd
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]
- Market Cap ₹ 44,135 Cr.
- Current Price ₹ 3,475
- High / Low ₹ 5,157 / 3,020
- Stock P/E 54.4
- Book Value ₹ 398
- Dividend Yield 0.98 %
- ROCE 23.7 %
- ROE 18.1 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 43.0%
Cons
- Stock is trading at 8.74 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Part of BSE 500 BSE Capital Goods BSE 200 BSE Dollex 200 Nifty 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,961 | 4,253 | 2,960 | 4,461 | 4,969 | 5,611 | 5,511 | 6,355 | 7,773 | 9,201 | 10,134 | 10,446 | 10,540 | |
| 3,372 | 3,588 | 2,498 | 3,700 | 4,182 | 4,828 | 4,676 | 5,071 | 6,531 | 8,002 | 8,586 | 9,014 | 9,198 | |
| Operating Profit | 589 | 666 | 462 | 762 | 787 | 784 | 836 | 1,284 | 1,242 | 1,200 | 1,549 | 1,433 | 1,342 |
| OPM % | 15% | 16% | 16% | 17% | 16% | 14% | 15% | 20% | 16% | 13% | 15% | 14% | 13% |
| 13 | 9 | 5 | 11 | 17 | 103 | 18 | 28 | 68 | 82 | 118 | 113 | 112 | |
| Interest | 79 | 60 | 32 | 34 | 21 | 26 | 20 | 22 | 5 | 8 | 16 | 12 | 15 |
| Depreciation | 102 | 139 | 105 | 154 | 167 | 184 | 206 | 213 | 230 | 263 | 298 | 359 | 380 |
| Profit before tax | 421 | 476 | 331 | 585 | 615 | 677 | 628 | 1,078 | 1,075 | 1,010 | 1,352 | 1,175 | 1,059 |
| Tax % | 33% | 34% | 36% | 35% | 33% | 32% | 21% | 26% | 24% | 24% | 25% | 24% | |
| 281 | 316 | 213 | 379 | 410 | 461 | 496 | 801 | 812 | 764 | 1,016 | 897 | 812 | |
| EPS in Rs | 22.15 | 24.85 | 16.76 | 29.86 | 32.24 | 36.29 | 39.08 | 63.09 | 63.91 | 60.18 | 80.00 | 70.60 | 63.92 |
| Dividend Payout % | 36% | 36% | 45% | 50% | 37% | 36% | 36% | 35% | 38% | 43% | 38% | 48% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 14% |
| 3 Years: | 10% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 2% |
| TTM: | -20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 15% |
| 3 Years: | 15% |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 23% |
| 3 Years: | 21% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 940 | 1,098 | 1,197 | 1,528 | 1,708 | 1,967 | 2,107 | 2,844 | 3,363 | 3,819 | 4,473 | 4,961 | 5,025 |
| 473 | 393 | 412 | 279 | 248 | 162 | 441 | 38 | 46 | 51 | 55 | 76 | 322 | |
| 668 | 753 | 698 | 832 | 794 | 914 | 875 | 1,076 | 1,107 | 1,242 | 1,391 | 1,431 | 1,425 | |
| Total Liabilities | 2,105 | 2,269 | 2,332 | 2,665 | 2,774 | 3,069 | 3,448 | 3,983 | 4,540 | 5,138 | 5,945 | 6,493 | 6,797 |
| 1,088 | 1,032 | 1,185 | 1,263 | 1,353 | 1,521 | 1,608 | 1,714 | 1,767 | 2,064 | 2,322 | 2,669 | 3,049 | |
| CWIP | 18 | 100 | 68 | 47 | 75 | 90 | 93 | 51 | 156 | 84 | 149 | 407 | 483 |
| Investments | 34 | 34 | 34 | 34 | 34 | 64 | 39 | 39 | 22 | 22 | 29 | 45 | 44 |
| 966 | 1,103 | 1,045 | 1,321 | 1,312 | 1,394 | 1,709 | 2,178 | 2,595 | 2,967 | 3,445 | 3,372 | 3,221 | |
| Total Assets | 2,105 | 2,269 | 2,332 | 2,665 | 2,774 | 3,069 | 3,448 | 3,983 | 4,540 | 5,138 | 5,945 | 6,493 | 6,797 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 326 | 601 | 296 | 464 | 505 | 557 | 539 | 1,246 | 471 | 891 | 1,413 | 1,004 | |
| -134 | -186 | -218 | -202 | -267 | -240 | -196 | -199 | -403 | -344 | -591 | -798 | |
| -188 | -260 | -234 | -210 | -284 | -316 | -156 | -506 | -310 | -327 | -382 | -440 | |
| Net Cash Flow | 5 | 155 | -155 | 52 | -46 | 1 | 188 | 541 | -242 | 220 | 441 | -234 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 22 | 20 | 29 | 23 | 28 | 25 | 21 | 22 | 22 | 20 | 18 | 19 |
| Inventory Days | 68 | 60 | 107 | 101 | 80 | 74 | 94 | 70 | 88 | 78 | 74 | 70 |
| Days Payable | 38 | 39 | 66 | 59 | 56 | 55 | 58 | 60 | 56 | 51 | 55 | 47 |
| Cash Conversion Cycle | 51 | 42 | 70 | 64 | 52 | 44 | 57 | 33 | 54 | 47 | 37 | 42 |
| Working Capital Days | 11 | 2 | 2 | 19 | 23 | 24 | 13 | 19 | 44 | 39 | 30 | 29 |
| ROCE % | 37% | 36% | 24% | 36% | 33% | 30% | 27% | 40% | 34% | 27% | 31% | 24% |
Documents
Announcements
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Intimation Under Regulation 30 Of SEBI LODR
20 Nov - GST inspection at Registered, Corporate and Khopoli offices on 19 Nov 2025; company cooperating, no expected material impact.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 12 Nov
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
12 Nov - Rajiv Jalota and Sriram Hariharan appointed independent directors (13 Sep 2025–12 Sep 2030); passed with 99.93% votes.
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Announcement under Regulation 30 (LODR)-Change in Management
6 Nov - CHRO Saurov Ghosh resigned effective close of business 23 Oct 2025; resignation letter provided.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
31 Oct - Transcript of the earnings conference call held on Monday, 27th October, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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Oct 2025Transcript PPT REC
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Jul 2025Transcript PPT
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Apr 2025Transcript PPT REC
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Jan 2025Transcript PPT
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Oct 2024Transcript PPT
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Jul 2024Transcript PPT
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May 2024Transcript PPT
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Jan 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Apr 2023TranscriptNotesPPT
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Jan 2023Transcript PPT
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Nov 2022Transcript PPT
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Jul 2022Transcript PPT
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May 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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May 2019TranscriptNotesPPT
Business Segments
1) Plastic Piping Products (67% in 9M FY25 vs 66% in FY23): [1] [2] The company is India's leading manufacturer of plastic piping solutions, offering 14,000+ SKUs across products like uPVC pipes, injection moulded PVC fittings, handmade fittings, HDPE pipe systems, etc for diverse applications in plumbing, water tanks, fire protection, drainage, and more. [3] [4] In 9M FY25, the segment was impacted by unfavourable PVC resin prices and slower-than-expected demand recovery from infrastructure spending. [5]