Supreme Industries Q1 PAT Rises 17% on Margin Expansion

Date: 28th July, 2026

Operational Metrics:

Income Statement:

Total Income: ₹2,726.79 crore (up 3.83% from ₹2,626.12 crore)
Operating Profit: ₹398.04 crore (up 24.73% from ₹319.12 crore)
Operating Profit Margin: 14.60% (expanded from 12.15%)
PBT: ₹280.68 crore (up 16.83% from ₹240.24 crore)
PBT Margin: 10.29% (expanded from 9.15%)
PAT (Before OCI): ₹207.76 crore (up 17.14% from ₹177.36 crore)
PAT Margin: 7.62% (expanded from 6.75%)

Per Share Metrics:

Total Consolidated Income: ₹2,726.79 crore (up 3.83% from ₹2,626.13 crore)
Operating Profit: ₹471.00 crore (up 36.89% from ₹344.06 crore)
Operating Profit Margin: 17.27% (expanded from 13.10%)
PBT: ₹353.64 crore (up 33.36% from ₹265.18 crore)
PBT Margin: 12.97% (expanded from 10.10%)
PAT (Before OCI): ₹280.72 crore (up 38.76% from ₹202.30 crore)
PAT Margin: 10.29% (expanded from 7.70%)
Earning Per Share: ₹22.10 (vs ₹15.93 in Q1 FY26)
Cash Earning Per Share: ₹31.73 (vs ₹23.25 in Q1 FY26)

Cash Surplus as on 30th June 2026: ₹542 crore (decreased from ₹648 crore as on 31st March 2026)

Value added products turnover: ₹1,142 crore (up 22% from ₹933 crore in corresponding quarter)

Mr. M. P. Taparia, Chairman & Managing Director commented:

Q1 FY27 was impacted by extraordinary volatility in polymer prices, particularly abnormal downward price movement during April
This triggered inventory correction across the value chain, affecting industry volumes
Company believes this is a temporary phenomenon
Polymer prices have returned to more stable levels
Removal of customs duty exemption w.e.f. 16th July and implementation of Minimum Import Prices (MIP) for suspension Grade PVC Resin expected to improve business momentum
Expects improved performance in coming quarters as channel inventories normalize and demand conditions recover

Structural Growth Drivers:

India remains one of the fastest-growing major economies
Supported by infrastructure development, urbanization, water management projects, and expansion of gas distribution networks
These drivers expected to support demand for company's products over medium and long term

Export Opportunities:

India's expanding FTA network (UAE, Australia, EFTA nations, UK, EU) provides significant export enhancement opportunities
Company investing in product development, certifications, and market access initiatives to scale exports over next few years

Plastic Piping Systems:

Continues to strengthen leadership position through product innovation and capacity expansion
Total installed capacity reached one million MT per annum
Introduced advanced products: PERT Pipe Systems, Electrofusion Olefin Fittings, Industrial Valves, PP Silent Pipe Systems
Successful integration of Wavin business enhances technology and product capabilities

Material Handling Business:

Performed steadily supported by customized product offerings and deeper customer engagement
Commenced production of PP Bubble Guard Sheets for industrial packaging and material handling applications

Composite Cylinder Business:

Expanded customer base with addition of Bharat Petroleum Corporation Limited (BPCL) in previous year
Successfully participated in recently concluded bid of Hindustan Petroleum Corporation Limited (HPCL)
All three oil marketing companies now procuring Composite LPG cylinders for domestic requirements
Commenced supplying cascades for CNG applications
Continuing to expand presence in international markets

New Business Vertical:

Packaging Segment:

Consisting of Cross Laminated film & products, Protective Packaging Products, and Performance Packaging Film
Faring well and on path of moderate growth

Consumer Product Segment:

Continues to drive brand value creation with sustainable margins and Return on Capital Employed

Continuing to invest in capacity expansion across key businesses
Progressing plans to establish manufacturing facilities at new locations: Bihar, Jammu, and Malanpur (near Gwalior)
In process of acquiring additional land at Puducherry and Erode for additional manufacturing setup
Robust financial position enables funding of growth plans, capital expenditure, and working capital requirements through internal accruals

Standalone (FY 2025-26):

Consolidated (FY 2025-26):