Supreme Industries Ltd

Supreme Industries Ltd

₹ 4,250 1.54%
24 Apr 4:11 p.m.
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 53,910 Cr.
  • Current Price 4,250
  • High / Low 4,888 / 2,609
  • Stock P/E 50.2
  • Book Value 363
  • Dividend Yield 0.61 %
  • 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 11.7 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
1,844 2,083 1,342 1,929 1,945 2,557 2,206 2,087 2,311 2,598 2,369 2,309 2,449
1,442 1,573 1,120 1,618 1,627 2,166 1,937 1,939 2,007 2,118 2,047 1,952 2,070
Operating Profit 402 510 222 311 318 391 269 147 303 480 322 356 379
OPM % 22% 24% 17% 16% 16% 15% 12% 7% 13% 18% 14% 15% 15%
56 79 49 43 54 78 63 24 36 61 36 37 42
Interest 2 5 2 1 0 2 2 1 1 4 2 2 5
Depreciation 55 55 56 57 57 59 62 65 65 72 72 72 77
Profit before tax 401 528 213 296 314 409 268 105 273 465 283 319 338
Tax % 22% 15% 20% 23% 22% 21% 20% 22% 23% 23% 24% 24% 24%
312 450 170 229 246 324 214 82 210 359 216 243 256
EPS in Rs 24.58 35.46 13.40 18.00 19.34 25.50 16.84 6.46 16.53 28.30 16.97 19.14 20.17
Raw PDF
Upcoming result date: 26 April 2024

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 TTM
2,928 3,404 3,961 4,254 2,960 4,462 4,969 5,612 5,512 6,355 7,773 9,202 9,725
2,456 2,868 3,373 3,588 2,498 3,700 4,182 4,827 4,676 5,071 6,531 8,002 8,188
Operating Profit 472 536 589 666 462 762 787 785 835 1,284 1,242 1,200 1,537
OPM % 16% 16% 15% 16% 16% 17% 16% 14% 15% 20% 16% 13% 16%
6 3 6 5 -4 8 38 89 32 163 224 183 174
Interest 58 55 79 60 32 34 21 26 20 22 5 8 12
Depreciation 72 82 102 139 105 154 167 184 206 213 230 263 293
Profit before tax 347 401 414 472 322 582 637 664 641 1,212 1,232 1,111 1,405
Tax % 33% 33% 34% 34% 37% 35% 32% 32% 27% 19% 21% 22%
242 290 283 322 221 430 432 449 467 978 968 865 1,074
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 84.58
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: 6%
Compounded Profit Growth
10 Years: 14%
5 Years: 15%
3 Years: 23%
TTM: 29%
Stock Price CAGR
10 Years: 25%
5 Years: 29%
3 Years: 28%
1 Year: 53%
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 Sep 2023
Equity Capital 25 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 4,580
351 470 473 393 412 279 248 162 441 38 46 51 44
484 684 668 753 697 832 793 913 917 1,075 1,106 1,241 1,125
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 5,774
739 1,028 1,088 1,033 1,185 1,263 1,353 1,521 1,608 1,714 1,767 2,064 2,067
CWIP 34 33 18 100 68 47 75 90 93 51 156 84 111
Investments 89 110 107 121 126 175 194 222 207 337 476 577 584
670 862 966 1,104 1,046 1,322 1,314 1,396 1,711 2,180 2,597 2,969 3,012
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 5,774

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 -345
-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 -243 219

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 78
Days Payable 42 57 38 39 66 59 56 55 58 60 55 51
Cash Conversion Cycle 40 41 52 42 70 64 52 44 57 33 54 47
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%

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.

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Documents

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