Supreme Industries Ltd
Supreme Industries Ltd is one of the leading plastic products manufacturing company in India having 25 manufacturing facilities spread across the country, 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 ₹ 35,827 Cr.
- Current Price ₹ 2,820
- High / Low ₹ 2,855 / 1,666
- Stock P/E 41.4
- Book Value ₹ 347
- Dividend Yield 0.92 %
- ROCE 26.8 %
- ROE 21.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.1%
- Company has been maintaining a healthy dividend payout of 32.7%
Cons
- Stock is trading at 8.14 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,928 | 3,404 | 3,961 | 4,254 | 2,960 | 4,462 | 4,969 | 5,612 | 5,512 | 6,355 | 7,773 | 9,202 | |
2,456 | 2,868 | 3,373 | 3,588 | 2,498 | 3,700 | 4,182 | 4,827 | 4,676 | 5,071 | 6,531 | 8,002 | |
Operating Profit | 472 | 536 | 589 | 666 | 462 | 762 | 787 | 785 | 835 | 1,284 | 1,242 | 1,200 |
OPM % | 16% | 16% | 15% | 16% | 16% | 17% | 16% | 14% | 15% | 20% | 16% | 13% |
6 | 3 | 6 | 5 | -4 | 8 | 38 | 89 | 32 | 163 | 224 | 183 | |
Interest | 58 | 55 | 79 | 60 | 32 | 34 | 21 | 26 | 20 | 22 | 5 | 8 |
Depreciation | 72 | 82 | 102 | 139 | 105 | 154 | 167 | 184 | 206 | 213 | 230 | 263 |
Profit before tax | 347 | 401 | 414 | 472 | 322 | 582 | 637 | 664 | 641 | 1,212 | 1,232 | 1,111 |
Tax % | 33% | 33% | 34% | 34% | 37% | 35% | 32% | 32% | 27% | 19% | 21% | 22% |
Net Profit | 242 | 290 | 283 | 322 | 221 | 430 | 432 | 449 | 467 | 978 | 968 | 865 |
EPS in Rs | 19.03 | 22.84 | 22.31 | 25.38 | 17.43 | 33.88 | 33.99 | 35.32 | 36.80 | 77.00 | 76.24 | 68.12 |
Dividend Payout % | 32% | 33% | 36% | 35% | 43% | 44% | 35% | 37% | 38% | 29% | 31% | 38% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 19% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 15% |
3 Years: | 23% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 17% |
3 Years: | 42% |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | 26% |
5 Years: | 25% |
3 Years: | 27% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
Reserves | 671 | 854 | 1,014 | 1,186 | 1,290 | 1,670 | 1,869 | 2,129 | 2,236 | 3,144 | 3,819 | 4,377 |
351 | 470 | 473 | 393 | 412 | 279 | 248 | 162 | 441 | 38 | 46 | 51 | |
484 | 684 | 668 | 753 | 697 | 832 | 793 | 913 | 917 | 1,075 | 1,106 | 1,241 | |
Total Liabilities | 1,532 | 2,032 | 2,179 | 2,357 | 2,425 | 2,807 | 2,936 | 3,229 | 3,619 | 4,282 | 4,996 | 5,694 |
739 | 1,028 | 1,088 | 1,033 | 1,185 | 1,263 | 1,353 | 1,521 | 1,608 | 1,714 | 1,767 | 2,064 | |
CWIP | 34 | 33 | 18 | 100 | 68 | 47 | 75 | 90 | 93 | 51 | 156 | 84 |
Investments | 89 | 110 | 107 | 121 | 126 | 175 | 194 | 222 | 207 | 337 | 476 | 577 |
670 | 862 | 966 | 1,104 | 1,046 | 1,322 | 1,314 | 1,396 | 1,711 | 2,180 | 2,597 | 2,969 | |
Total Assets | 1,532 | 2,032 | 2,179 | 2,357 | 2,425 | 2,807 | 2,936 | 3,229 | 3,619 | 4,282 | 4,996 | 5,694 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
352 | 406 | 325 | 601 | 296 | 465 | 508 | 556 | 539 | 1,246 | 470 | 890 | |
-64 | -363 | -134 | -186 | -218 | -202 | -267 | -240 | -196 | -199 | -403 | -349 | |
-287 | -32 | -188 | -260 | -234 | -210 | -284 | -316 | -156 | -506 | -310 | -327 | |
Net Cash Flow | 0 | 11 | 4 | 155 | -155 | 52 | -43 | 0 | 188 | 542 | -242 | 215 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 22 | 22 | 20 | 29 | 23 | 28 | 25 | 21 | 22 | 22 | 20 |
Inventory Days | 61 | 76 | 68 | 60 | 107 | 101 | 80 | 74 | 94 | 70 | 88 | 77 |
Days Payable | 42 | 57 | 38 | 39 | 66 | 59 | 56 | 55 | 58 | 60 | 55 | 50 |
Cash Conversion Cycle | 40 | 41 | 52 | 42 | 70 | 64 | 52 | 44 | 57 | 33 | 54 | 46 |
Working Capital Days | 13 | 16 | 23 | 10 | 23 | 37 | 40 | 34 | 41 | 20 | 45 | 40 |
ROCE % | 38% | 38% | 34% | 34% | 22% | 33% | 32% | 28% | 26% | 42% | 35% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Schedule of Analyst / Institutional Investor Meets to be held on Wednesday, 31st May, 2023.
- Communication In Respect Of Provision Of Deduction Of Tax At Source On Dividend Payout. 23 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 23 May
Annual reports
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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
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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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
Plastic Piping Segment (~66% of revenues)[1]
The company is India's largest manufacturer of plastic piping products with an extensive range of pipes and fittings. Its products has wide range of applications viz. plumbing, bath fittings, fire protection, drainage, waste treatment and sanitation, agriculture, borewell, rainwater harvesting, water tanks and others. It has 9,300+ different SKUs for different applications.[2]
The company has a commanding market share of 15% and 11% in organized market and overall piping market respectively.[3]