Stock Report

Supreme Industries Q1 FY27 Net Profit Surges 38.8% to ₹280.72 Crore Driven by Strong Operational Margins

Posted On : 2026-07-30 22:52:54( TIMEZONE : IST )

India's leading plastics product manufacturer, The Supreme Industries Limited, has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). Driven by product mix optimization and robust profitability across operations, the company posted a 38.76% year-on-year increase in consolidated net profit, despite a temporary decline in overall sales volume.

Consolidated Financial Performance

Supreme Industries reported a 3.83% growth in total consolidated income for Q1 FY27, reaching ₹2,726.79 crore compared to ₹2,626.13 crore in the corresponding quarter of the previous fiscal year (Q1 FY26).

Operating Profit: Expanded significantly by 36.89% YoY to ₹471.00 crore, up from ₹344.06 crore in Q1 FY26. Consequently, operating profit margins widened to 17.27% of total income, up from 13.10% in the year-ago period.

Profit Before Tax (PBT): Climbed 33.36% YoY to ₹353.64 crore, compared to ₹265.18 crore in Q1 FY26. PBT margins improved to 12.97% relative to 10.10% previously.

Profit After Tax (PAT): Surged 38.76% YoY to ₹280.72 crore (before OCI), up from ₹202.30 crore recorded in Q1 FY26. Net profit margins rose to 10.29% compared to 7.70% in Q1 FY26.

Per Share Metrics: Consolidated Earnings Per Share (EPS) for the quarter rose to ₹22.10, compared to ₹15.93 in Q1 FY26. Cash EPS improved to ₹31.73, up from ₹23.25 in the comparative period.

Standalone Operational Overview

On a standalone basis, Supreme Industries logged total income of ₹2,726.79 crore, mirroring consolidated revenues and reflecting a 3.83% increase over ₹2,626.12 crore in Q1 FY26.

Sales Volume: Plastic goods sold during the quarter stood at 157,536 metric tonnes (MT), registering a 14.29% decline compared to 183,793 MT sold in Q1 FY26.

Operating Profit: Stood at ₹398.04 crore (14.60% of total income), marking a 24.73% growth over ₹319.12 crore (12.15% of total income) in Q1 FY26.

Profit Before Tax: Increased 16.83% YoY to ₹280.68 crore compared to ₹240.24 crore in Q1 FY26.

Net Profit After Tax: Rose 17.14% YoY to ₹207.76 crore, up from ₹177.36 crore in Q1 FY26.

EPS & Cash EPS: Standalone EPS increased to ₹16.36 (vs ₹13.96 in Q1 FY26), while Cash EPS grew to ₹25.99 (vs ₹21.29 in Q1 FY26).

Value-Added Products & Cash Position

The company's performance benefited from strong demand for high-margin offerings. Overall turnover from value-added products expanded by 22% to ₹1,142 crore during Q1 FY27, up from ₹933 crore in Q1 FY26.

Supreme Industries maintained a balance sheet with a total cash surplus of ₹542 crore as of June 30, 2026, compared to a cash surplus of ₹648 crore as of March 31, 2026.

Business Outlook

Commenting on the business environment, Mr. M. P. Taparia, Chairman & Managing Director, said:

"The first quarter of FY27 was impacted by extraordinary volatility in polymer prices, particularly the abnormal downward price movement witnessed during April, which triggered inventory correction across the value chain. While this affected industry volumes during the quarter, we believe this is a temporary phenomenon. With polymer prices returning to more stable levels, removal of customs duty exemption w.e.f. 16th July and effecting Minimum Import Prices (MIP) for suspension Grade PVC Resin, Company expects improved business momentum in the coming quarters as channel inventories normalize and demand conditions recover. With our diversified product portfolio, strong brand equity, wide distribution network and continued focus on operational efficiency, our Company remains well placed to participate in India's medium and long-term growth opportunities.

India remains one of the fastest-growing major economies, supported by infrastructure development, urbanization, water management projects and expansion of gas distribution networks. The Company believes these structural growth drivers will continue to support demand for its products over the medium and long term."

India's expanding network of FTAs covering UAE, Australia, EFTA nations, the UK, the EU and other strategic markets provide a significant opportunity for Supreme Industries to enhance its export footprint. The Company is investing in product development, certifications and market access initiatives to leverage these trade agreements and scale exports meaningfully over the next few years.

The Plastic Piping Systems business continues to strengthen its leadership position through product innovation and capacity expansion. Total installed capacity in this division has reached to one million MT per annum and Company has introduced several advanced products including PERT Pipe Systems, Electrofusion Olefin Fittings, Industrial Valves and PP Silent Pipe Systems. The successful integration of the Wavin business further enhances the Company's technology and product capabilities.

The Material Handling business continued to perform steadily, supported by customized product offerings and deeper customer engagement. The Company has also commenced production of PP Bubble Guard Sheets, creating additional opportunities across industrial packaging and material handling applications.

The Composite Cylinder business expanded its customer base with the addition of Bharat Petroleum Corporation Limited (BPCL) in previous year and successfully participated in the recently concluded bid of Hindustan Petroleum Corporation Limited (HPCL). Now all three Oil marketing Companies have started procuring Composite LPG cylinders for domestic requirement which paves the way for better capacity utilisation. The division has also commenced supplying cascades for CNG applications and continues to expand its presence in international markets.

The Company has launched its new uPVC Windows & Doors business vertical, receiving encouraging market response. The project incorporates advanced European technology and is expected to support long-term growth in the building products segment.

Company's packaging segment consisting of Cross Laminated film & products thereof, Protective Packaging Products and Performance Packaging Film is faring well and is on the path of moderate growth. Its consumer product segment continues to drive brand value creation with sustainable margins and Return on Capital Employed.

The Company continues to invest in capacity expansion across key businesses and is progressing with plans to establish manufacturing facilities at new locations including Bihar, Jammu and Malanpur (near Gwalior). The Company is also in the process of acquiring additional Land at Puducherry and Erode and will create additional manufacturing set up. Supreme maintains robust financial position enabling the Company to fund its growth plans, capital expenditure and working capital requirements through internal accruals.

Shares of Supreme Industries Limited was last trading in BSE at Rs. 3458.85 as compared to the previous close of Rs. 3487.70. The total number of shares traded during the day was 9193 in over 1535 trades.

The stock hit an intraday high of Rs. 3530.00 and intraday low of 3430.10. The net turnover during the day was Rs. 31933232.00.