Supreme Industries Ltd

Supreme Industries Limited: Trading Window closed from 01 October 2026 till 48 hours after declaration of Unaudited Financial Results of the Company for the quarter ended 30 September 2026

Meeting Details

• Date: 13 August 2026.
• Type/Mode: One-to-one, physical meetings.
• Organizer: Equirus Securities (P) Limited.
• Company representatives: CFO, VP Corporate Affairs & Company Secretary, DGM Corporate Affairs & Dy. Company Secretary.
• Investors: SBI MF, UTI MF, Bajaj Life, Kotak Group, ICICI Prudential MF.
• Purpose: Schedule of analyst/institutional investor meets.

Meeting Details

• Date: 13 August 2026; Time not disclosed.
• Type and mode: One-to-One, Physical.
• Organizer: Equirus Securities (P) Limited.
• Purpose: Schedule of Analyst/Institutional investor meets.
• Key company participants: CFO; VP Corporate Affairs & Company Secretary; DGM Corporate Affairs & Company Secretary.

Meeting Details

• Date: 12 August 2026; One-to-One meeting, VC mode with HDFC Life.
• Event: Analyst/Institutional investor meet.

Participants

• CFO (Chief Financial Officer) to represent company.
• VP – Corporate Affairs & Company Secretary to participate.

Purpose

• Purpose: Analyst/institutional investor interaction.

Financial Performance

• Standalone revenue: INR 2,718 crores; volume: 1,57,536 tons.
• Volume de-growth: 14%; revenue growth: 4% YoY.
• Standalone operating profit: INR 398 crores; PAT: INR 208 crores.
• YoY: operating profit +25%; PAT +17%.
• Value-added products turnover: INR 1,142 crores; +22% YoY.

Operating Update by Segment

• Plastic piping system: volume -15%; value flat.
• Packaging: volume -10%; value +9%.
• Industrial: volume -6%; value +24%.
• Consumer: volume -22%; value -11%.

Outlook and Guidance

• Q1 polymer price volatility caused inventory corrections; demand expected to improve as prices stabilise.
• MIP and import-duty changes expected to support gradual improvement.
• Volume growth guidance FY27: piping 15–17%; overall 12–13%.
• Capex guidance FY27: ~INR 1,000 crores; Q1 committed ~INR 500 crores.
• New facilities planned: Bihar, Jammu, Malanpur; Pondicherry and Erode land acquisitions.

Capex and Expansion Details

• Gas piping opportunity: around INR 600 crores this year.
• Gas piping: orders received; Pune project already supplied.
• Windows & doors: market ~150,000 tons; company capacity ~5,000 tons/year.
• Wavin capacity: 70,000 tons; Q1 utilization 50–60%; overall piping ~70% utilization.

Q&A Takeaways

• Gas piping progress; potential ~INR 600 crores this year.
• Export plan backstopped by FTAs; target USD 150m in 6–7 years; current exports ~USD 26m.
• Composite cylinders: capacity 9–10 lakh/year; utilization 25–35%.
• PVC price move: INR 9/kg increase noted; market restocking ongoing; no inventory gain reported.

Meeting details

• Date and time: 28 July 2026 at 4:00 p.m. IST.
• Type and mode: Teleconference call for analysts and investors, conducted virtually.
• Event/organiser: Audio recording of Supreme Industries Q1 FY2026 investor call.
• Purpose: Discuss un-audited results for quarter ended 30 June 2026.
• Recording: Audio recording available; link provided in filing.

Business Overview

• India's largest plastics manufacturer and processor.
• 9 verticals across Plastics Piping, Industrial, Packaging, and Consumer divisions.
• 35 manufacturing plants; 55 export markets.
• Pan-India distribution with 7,000+ distributors.
• Renewable energy focus; solar capacity 42.32 MWp; RE investment ₹140 Cr.
• SBTi Net Zero target validated; CDP and DJSI reporting.

Operational Highlights

• Q1 FY27 revenue ₹2,718 crore, +4% YoY.
• Q1 FY27 sales volume 157,536 MT, +14% YoY.
• 750,000+ MT products sold.
• Turnover above ₹11,000 crore.

Financial Performance

• Revenue for Q1 FY27: ₹2,718 crore; +4% YoY.
• Market capitalization around ₹40,000 crore.
• CRISIL rating AA+ with stable outlook.

Capital Structure & Liquidity

• Debt-free status with cash surplus ₹542 crore as of 30 June 2026.

Strategic Priorities & Outlook

• Grow via PAN-India manufacturing and 9 verticals.
• Emphasis on value-added products and digital customer connect.
• Renewable energy target of 35% by FY25-26; 42.32 MWp solar.
• SBTi Net Zero target validated; CDP and DJSI participation.

Governance & Leadership

• CFO P C Somani and VP Corporate Affairs R J Saboo.
• No material governance changes reported.

Financial highlights

• Unaudited Q1 FY27 results released for quarter ended 30 June 2026.
• Standalone total income ₹2,726.79 crore, up 3.83% YoY.
• Standalone operating profit ₹398.04 crore; margin 14.60%.
• Standalone PBT ₹280.68 crore; margin 10.29%.
• Standalone PAT (before OCI) ₹207.76 crore; margin 7.62%.
• Standalone EPS ₹16.36; cash EPS ₹25.99.
• Consolidated total income ₹2,726.79 crore; up 3.83%.
• Consolidated operating profit ₹471.00 crore; margin 17.27%.
• Consolidated PBT ₹353.64 crore; margin 12.97%.
• Consolidated PAT ₹280.72 crore; margin 10.29%.
• Consolidated EPS ₹22.10; cash EPS ₹31.73.
• Cash surplus ₹542 crore as of 30 June 2026.
• Cash surplus ₹648 crore as of 31 March 2026.

Outlook and developments

• Polymer price volatility impacted Q1; expected to normalise.
• Customs duty exemption removed from 16 July; MIP for PVC resin.
• Expect improved momentum as inventories normalize and demand recovers.
• FTAs expanding export footprint across UAE, Australia, UK, EU, and other markets.
• Investing in product development, certifications, and market access to leverage trade agreements.
• Piping Systems capacity reached 1 million MT per annum.
• Introduced PERT, electrofusion fittings, valves, and PP Silent Pipe Systems.
• Wavin integration completed, strengthening technology and capabilities.
• Material Handling started PP Bubble Guard Sheets production.
• BPCL added as Composite Cylinders customer.
• HPCL bid participated; procurement ongoing.
• All three OMCs started procuring composite LPG cylinders.
• CNG cascades commenced; expanding presence in international markets.
• Launched new uPVC Windows and Doors vertical using European tech.
• Plans to scale exports meaningfully over the next few years.