Supreme Industries Ltd

Supreme Industries Ltd

₹ 4,338 0.81%
26 Apr - 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 55,135 Cr.
  • Current Price 4,338
  • High / Low 4,888 / 2,609
  • Stock P/E 54.3
  • Book Value 354
  • Dividend Yield 0.60 %
  • ROCE 32.4 %
  • ROE 24.4 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 23.7%
  • Company has been maintaining a healthy dividend payout of 39.4%
  • Company's working capital requirements have reduced from 38.5 days to 30.3 days

Cons

  • Stock is trading at 12.2 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

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
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 510 222 311 318 391 269 147 303 481 322 357 379 491
OPM % 24% 17% 16% 16% 15% 12% 7% 13% 18% 14% 15% 15% 16%
9 4 40 15 9 5 46 20 11 14 53 32 18
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 459 168 293 274 339 210 127 257 416 262 336 329 424
Tax % 26% 26% 23% 25% 25% 26% 18% 25% 25% 26% 23% 25% 26%
338 125 226 207 254 156 104 194 311 194 260 247 314
EPS in Rs 26.62 9.85 17.79 16.26 20.02 12.26 8.19 15.28 24.45 15.30 20.47 19.47 24.76
Raw PDF
Upcoming result date: today

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
3,403 3,961 4,253 2,960 4,461 4,969 5,611 5,511 6,355 7,773 9,201 10,134
2,867 3,372 3,588 2,498 3,700 4,182 4,828 4,676 5,071 6,531 8,002 8,586
Operating Profit 536 589 666 462 762 787 784 836 1,284 1,242 1,200 1,549
OPM % 16% 15% 16% 16% 17% 16% 14% 15% 20% 16% 13% 15%
7 13 9 5 11 17 103 18 28 68 82 118
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 405 421 476 331 585 615 677 628 1,078 1,075 1,010 1,352
Tax % 33% 33% 34% 36% 35% 33% 32% 21% 26% 24% 24% 25%
272 281 316 213 379 410 461 496 801 812 764 1,016
EPS in Rs 21.44 22.15 24.85 16.76 29.86 32.24 36.29 39.08 63.09 63.91 60.18 80.00
Dividend Payout % 35% 36% 36% 45% 50% 37% 36% 36% 35% 38% 43% 38%
Compounded Sales Growth
10 Years: 12%
5 Years: 13%
3 Years: 17%
TTM: 10%
Compounded Profit Growth
10 Years: 14%
5 Years: 20%
3 Years: 8%
TTM: 33%
Stock Price CAGR
10 Years: 25%
5 Years: 30%
3 Years: 28%
1 Year: 64%
Return on Equity
10 Years: 25%
5 Years: 25%
3 Years: 24%
Last Year: 24%

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 25 25 25 25 25 25 25 25 25 25 25 25
Reserves 777 940 1,098 1,197 1,528 1,708 1,967 2,107 2,844 3,363 3,819 4,473
470 473 393 412 279 248 162 441 38 46 51 55
683 668 753 698 832 794 914 875 1,076 1,107 1,242 1,391
Total Liabilities 1,956 2,105 2,269 2,332 2,665 2,774 3,069 3,448 3,983 4,540 5,138 5,945
1,028 1,088 1,032 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 34 34 34 34 34 34 64 39 39 22 22 29
861 966 1,103 1,045 1,321 1,312 1,394 1,709 2,178 2,595 2,967 3,445
Total Assets 1,956 2,105 2,269 2,332 2,665 2,774 3,069 3,448 3,983 4,540 5,138 5,945

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
405 326 601 296 464 505 557 539 1,246 471 891
-363 -134 -186 -218 -202 -267 -240 -196 -199 -403 -344
-32 -188 -260 -234 -210 -284 -316 -156 -506 -310 -327
Net Cash Flow 10 5 155 -155 52 -46 1 188 541 -242 220

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 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 56 51 54
Cash Conversion Cycle 41 51 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 % 41% 37% 36% 24% 36% 33% 30% 27% 40% 34% 28%

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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