Supreme Industries Ltd

Supreme Industries has fixed 27 June 2025 as record date for final dividend. However, in respect of shares held in the electronic form, the record date is 20 June 2025. Powered by Capital Market - Live

Despite the profit dip, the company witnessed a marginal increase in revenue from operations, which rose by 0.64% year-on-year (YoY), reaching Rs 3,027.07 crore for the quarter ended 31st March 2025. Profit before tax (PBT) for Q4 FY25 was Rs 367.15 crore, reflecting a decrease of 20.97% YoY. Operating profit also fell 15.50% YoY to Rs 449.03 crore, resulting in a decline in operating profit margin to 14.77%, down from 17.56% in Q4 FY24. However, Supreme Industries recorded a robust performance in its value-added products segment, with turnover increasing by 8% YoY to Rs 4,060 crore, up from Rs 3,748 crore in the previous year. As of 31st March 2025, the company reported a cash surplus of Rs 944 crore, compared to Rs 1,178 crore as of the previous year-end. Supreme Industries has committed a capital expenditure (capex) of approximately Rs 1,100 crore. This includes carry-forward commitments and the acquisition of Wavin's building and infrastructure business in India. The entire capex will be funded through internal accruals. M. P. Taparia, managing director of Supreme Industries, said, 'The year ended with normal business across all segments for the company, except the Plastic Pipe System business, primarily due to much lower spending by the central and state governments on infrastructure compared to FY 2023-24, unseasonal rainfall in several parts of the country, and the highly volatile situation in PVC resin prices, the primary raw material used by the company. The prices of this raw material changed 14 times since July 2024, which severely impacted the plastic piping industry. Despite the uncertain global situation, our country's economy is poised for high growth in the current year. The company remains focused on expanding its piping systems portfolio from 45 to 50, launching five new applications, and boosting production efficiency through its eight HDPE pipe and tank facilities. It also plans to add 75 new products to its electrofusion fittings line and cross the 1,000 SKU mark in its bathroom fittings division, which grew by 100% last year. With the capex incurred during the year, the total installed capacity of the plastic piping system business reached approximately 870,000 MT per annum as of 31st March 2025, up from 740,000 MT per annum as of 31st March 2024. The company expects this capacity to reach one million MT by the end of FY 2025-26. A key launch in FY26 will be the PP Silent Pipe System, developed under a technical license from Austria's Poloplast, which is set for a June debut. Supreme Industries has declared a final dividend of Rs 24 per equity share of Rs 2 each, to be paid on or after 8 July 2025, bringing the total dividend for FY25 to Rs 34 per share, or 1,700% of the face value. The record date for the final dividend is 27th June 2025. However, for shares held in electronic form, the record date will be 20th June 2025. Supreme Industries is engaged mainly in the production of plastic products and operates in various product categories like plastic piping systems, cross-laminated films & products, protective packaging products, industrial molded components, molded furniture, storage & material handling products, performance packaging films, and composite LPG cylinders. Shares of Supreme Industries shed 0.32% to Rs 3,511.15 on the BSE.Powered by Capital Market - Live

Supreme Industries announced that final dividend of Rs 24 per equity share of Rs 2 each will be paid on or after 08 July 2025. Powered by Capital Market - Live

Net profit of Supreme Industries declined 17.16% to Rs 293.94 crore in the quarter ended March 2025 as against Rs 354.82 crore during the previous quarter ended March 2024. Sales rose 0.64% to Rs 3027.07 crore in the quarter ended March 2025 as against Rs 3007.89 crore during the previous quarter ended March 2024. For the full year,net profit declined 10.17% to Rs 960.88 crore in the year ended March 2025 as against Rs 1069.72 crore during the previous year ended March 2024. Sales rose 3.08% to Rs 10446.25 crore in the year ended March 2025 as against Rs 10134.26 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3027.073007.89 1 10446.2510134.26 3 OPM %13.7516.31 -13.7015.27 - PBDT458.51541.73 -15 1597.651703.76 -6 PBT367.15464.56 -21 1239.031405.38 -12 NP293.94354.82 -17 960.881069.72 -10 Powered by Capital Market - Live

Supreme Industries announced that the Board of Directors of the Company at its meeting held on 24 April 2025, inter alia, have recommended the final dividend of Rs 24 per equity Share (i.e. 1200%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Supreme Industries will hold a meeting of the Board of Directors of the Company on 24 April 2025.Powered by Capital Market - Live

Wavin Industries (Wavin India) is in the business of manufacturing piping systems under the brand Wavin and part of the Orbia Group. It manufactures PVC pipes & fittings, CPVC pipes & fittings, HDPE pipes, PPR pipes and other products in Building and Infrastructure segment. The turnover of Wavin India for the financial year 2023-24 was Rs 1,007.50 crore. As per the terms of the agreement, Supreme Industries would acquire all tangible fixed assets, tools, moulds & dies, spare parts, all intangible fixed assets including trademarks & Intellectual property rights, all licences, approvals & permissions, contract for power & other utilities, all material contracts, orders, rate contracts in hand and employees of Wavin's Piping business. Simultaneous to above acquisition, the company will have exclusive access to all existing technologies from the Netherlands-based parent firm Wavin B.V. and other new technologies to be developed during a period of 7 years for India and SAARC Countries. Supreme Industries stated that the acquisition of Wavin India would result in increasing the capacity of the Piping Division by 73,000 M.T. per annum. The acquisition will facilitate catering to districts/area of North and South India economically and efficiently. Supreme Industries is engaged mainly in production of plastic products and operate in various product categories like Plastic piping system, cross laminated films & products, protective packaging products, industrial molded components, molded furniture, storage & material handling products, performance packaging films and composite LPG cylinders. The company's consolidated net profit slipped 27.01% to Rs 186.97 crore in Q3 FY25 as against Rs 256.17 crore posted in Q3 FY24. Revenue from operations rose 2.48% year on year (YoY) to Rs 2,509.88 crore in the quarter ended 31 December 2024. The scrip rose 0.93% to currently trade at Rs 3347 on the BSE. Powered by Capital Market - Live

Supreme Industries has signed a Memorandum of Understanding with Wavin Industries on 10 March 2025 for acquisition of its Indian Piping (Building and Infrastructure) business, at an aggregate consideration of USD 30,000,000 plus net working capital on the closing date, to be decided in due course. Wavin India is in the business of manufacturing piping system under the brand Wavin and part of the Orbia Group. The acquisition of Wavin India would inter alia result in increasing the capacity of the Piping Division by 73,000 M.T. per annum. The acquisition will facilitate catering to districts/area of North and South India economically and efficiently.Powered by Capital Market - Live

Supreme Industries Ltd lost 0.82% today to trade at Rs 3960. The BSE Consumer Durables index is down 0.62% to quote at 59906.55. The index is down 8.08 % over last one month. Among the other constituents of the index, Whirlpool of India Ltd decreased 0.41% and Havells India Ltd lost 0.39% on the day. The BSE Consumer Durables index went up 21.2 % over last one year compared to the 8.86% surge in benchmark SENSEX. Supreme Industries Ltd has lost 12.41% over last one month compared to 8.08% fall in BSE Consumer Durables index and 0.79% rise in the SENSEX. On the BSE, 315 shares were traded in the counter so far compared with average daily volumes of 4993 shares in the past one month. The stock hit a record high of Rs 6482.4 on 12 Jun 2024. The stock hit a 52-week low of Rs 3455.2 on 28 Jan 2025.Powered by Capital Market - Live

Revenue from operations rose 2.48% year on year (YoY) to Rs 2,509.88 crore in the quarter ended 31 December 2024. Profit before tax stood at Rs 245.41 crore in the third quarter of FY25, registering a de-growth of 27.39%. Operating profit declined 18.54% YoY to Rs 308.98 crore during the period under review. Operating profit margin reduced to 12.20% in Q3 FY25 compared to 15.29% in Q3 FY24. The overall turnover of value-added products remained at Rs 961 crore during the December 2024 quarter, up 13% YoY. The company continued to be debt-free, having a cash surplus of Rs 290 crore as of 31 December 2024. M. P. Taparia, managing director, Supreme Industries, said, 'Plastic Pipe Systems business growth continues to be adversely affected due to adverse PVC resin prices scenario and demand from infra spend not picking up as envisaged. Considering better demand in the second half of the year in the segments served by the company, it had earlier envisaged 16-18% volume growth for the current year for the Plastic Piping System. The business fared poorly in the third quarter as PVC prices in open market were quite low compared to domestic producer prices and due to extended winter rainfall in South India and some Eastern states. The company expects good demand from Agri and Housing segments for the last quarter. The entire distribution pipeline has de-stocked seeing the continued fall in prices. As the prices have reached a low level, the company expects good demand going forward in the current quarter. The company also expects some improvement in infra sector demand, as this being the last quarter of the financial year. Looking at the business outlook and opportunities, the company has planned and committed the highest capex (including carry forward commitments) of around Rs 1,500 crore. Total cash outflow towards capex has been Rs 718 crore during first nine months and is likely to reach around Rs 1000 crore for the year. Entire Capex outflow shall be funded from internal accruals. Supreme Industries is engaged mainly in production of plastic products and operate in various product categories like Plastic piping system, cross laminated films & products, protective packaging products, industrial molded components, molded furniture, storage & material handling products, performance packaging films and composite LPG cylinders. Powered by Capital Market - Live