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IndiaPulse

Supreme Facility Management Ltd. (SFML)

SME Cap

Services stocks · SME cap · NSE

Supreme Facility Management Limited (SFML) is an integrated business services provider specializing in comprehensive Integrated Facilities Management (IFM) and Support Services across industries. Services include soft, hard, and staffing solutions, alongside employee transportation, production support, corporate food, and supply chain management.

₹21.5
-0.50 · -2.27%
Quote04 Sept, 03:32 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.5 (n=141)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Mixed fundamentals, management trust is acceptable, price trend argues for patience, and recent execution is mixed.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
FAIR VALUE
58

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Mixed Trust
62

low confidence · 0/0 claims checked

Technical
Bearish
33

Timing lens: price trend and sector relative strength.

Result consistency
mixed
56

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 2/100

PAT -25% YoY · margin compression · Rev +34% YoY · +15% QoQ

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹264 Cr+34.0%+14.8%
EBITDA₹20 Cr+25.0%+5.3%
Operating margin8.0%+0 bps+0 bps
PAT₹3 Cr-25.0%-25.0%
PAT margin1.1%-35 bps-60 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Where growth can come from, and what can break the case

Thesis intactReviewed 2026-08-23T07:50:37.320Z
Management commentary snapshot

SFML reports strong H1 FY26 sequential half-year growth: Total Income up 13.97%, EBITDA up 12.73%, and Net Profit up 40.63% compared to H2 FY25, driven by integrated outsourcing and strategic acquisitions.

SFML demonstrates solid sequential half-year growth, supported by client confidence and integrated outsourcing. Management's aggressive targets for revenue CAGR and margin improvement, coupled with strategic acquisitions and technology adoption, suggest continued positive momentum. The asset-light model and high client retention are favorable.

Current business mix

Revenue Contribution (In FY25)

Latest issuer-disclosed distribution across 5 reported categories.

Businessmix
IFM Services63.4%
Production Support Services4.1%
Employee Transportation Services21.4%
Corporate Food Solution Services3.6%
Supply Chain Management Services7.5%
Growth engines

Integrated Outsourcing Trend

Supported by the continued shift toward integrated outsourcing across industries.

Diversified Service Portfolio

Ability to deliver IFM, transportation, supply chain, production support, and food services under a single platform.

Geographic Expansion

Strengthened presence across key Western markets while expanding into fast-growing clusters in the North and South.

Strategic Acquisitions

Acquisitions in food services, production support, and transportation are well integrated; IPO proceeds provide flexibility for inorganic opportunities.

Capacity and execution

Employee Transportation Fleet

Owns 446 buses and utilizes 98 additional leased vehicles for expanded capacity.

Tailwinds

Indian IFM Market Growth

India’s IFM market, valued at ₹90K crore in 2023, is projected to reach ₹190K crore by 2029 with a 36.12% CAGR.

Corporate Employee Transportation Market Growth

Projected to grow from $27.8 Bn in 2020 to USD 42.19 Bn by 2026 at a 5.44% CAGR.

Indian Logistics Market Growth

India's logistics market, valued at $250 Bn in 2022, is projected to reach $380 Bn by 2025.

Indian Food Service Market Growth

India's food service market is projected to grow from $41.1 Bn in 2022 to $79.65 Bn by 2028, at an 11.19% CAGR.

Management accountability

What management said, and what results must prove

Management accountability

What management said, and what results must prove

Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.

Analyst reading lens
Compare QOQ

The presentation compares H1 FY26 results to H2 FY25, which is a sequential half-year comparison. This reflects recent operational momentum and execution in a services business.

Sector KPIs management disclosed

Employee Strength

Over 10,718 employees.

Client Retention

85% client retention rate.

Client Locations

Nationwide presence across 165 client locations.

Owned Bus Fleet

446 owned buses (13-55 seats) for Employee Transportation Services.

Management forward view

Revenue Growth Target

Targeting a 23–25% CAGR in revenue over the medium term and aiming to double topline in the next three to four years.

Margin Enhancement Goal

Aiming for around a 100-basis-point improvement in EBITDA margin in the medium term through cost efficiency, value-added services, and optimized service mix.

Technology Adoption

Deepening the use of advanced technology platforms and data-driven operations to enhance service reliability and accelerate market penetration.

Cross-selling and Bundled Offerings

See meaningful scope to grow wallet share through cross-selling and bundled offerings across existing large clients.

Thesis monitor

Numbers and claims to verify in the next filings

CheckpointCurrent evidenceWhat to verify next
Revenue CAGRH1 FY26 Total Income up 13.97% (vs H2 FY25).Achievement of 23-25% CAGR over the medium term.
EBITDA Margin8.62% (H1 FY26).Achievement of ~100 BPS improvement in the medium term.
Client Retention85%.Maintenance or improvement of the high client retention rate.
Acquisition IntegrationRecent acquisitions are well integrated.Successful integration and accretion from future strategic acquisitions.

Verification checkpoints are IndiaPulse research interpretation, not investment advice.

Technical timing lens

Trend score and candlestick chart

33Bearish

full bear SMA stack · SMA20 -5.5% / mo · MACD −

Stock trend: 21
Sector RS: 51
Sector 3M: -1.2% vs Nifty -1.5%

Technical chart

SFMLdaily · 1Y · AUTO-14.5%
Latest close ₹21.50 on 2026-09-04
Bar
-1.4%
RSI
45
MACD hist
-0.01
52W pos
19%
2026-09-04O ₹21.80H ₹21.80L ₹21.50C ₹21.50Vol 24,000 sh
₹15.88₹19.30₹22.72₹26.15₹29.5752L21.502026-03VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Mixed signals

Signals are conflicting — long-term trend down. RSI 45. Wait for confirmation.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 falling (~5.8% over last month) — short-term momentum negative.
  • RSI(14) at 45 — rising, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 51% off 52W high · 30% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 58 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor

58U-SCORE
Deep Value

Fundamental score breakdown

FAIR VALUE
Valuation30/30
Growth21/25
Quality2/20
Balance Sheet4/15
Cash Flow3/10
Piotroski
7/9 (+5)
Penalties
-7
Raw sum
58

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

58/100 · FAIR VALUE

Positive drivers

  • Piotroski is strong at 7/9.
  • Fair-value margin of safety is positive at 73.9%.
  • Valuation contributes 30/30 to the score.

Main drags

  • Penalty bucket subtracts 7 points.
  • Quality is weaker at 2/20; verify the latest quarterly trend.
  • Balance sheet is weaker at 4/15; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
4.8
PB
0.6
EV/EBITDA
3.4
ROE
12.1%
ROCE
10.4%
FCF Yield
Debt/Equity
1.5
MoS
+73.9%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 05 Sept 2026
v4.3-runtime-valuation
Final score
58
Previous: 58
Verdict
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+73.9%
Previous: +73.9%

Score history

12 stored score snapshots. Latest stored move: +1 points.

05 Sept 2026
v4.3-runtime-valuation
55
55
57
57
57
58
58
58
57
57
57
58

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹52.36
+58.9% MoS
Growth-justified P/E
26.3
Growth-justified Value
₹82.43
+73.9% MoS
PEG
0.16

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
62Mixed Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Claim history is still being built. It ranks around the 35th percentile of the scored universe and 36th percentile within Services. Main check: balance sheet trust is weak at 53/100.

Healthy Trust Lite: Promoter holding is 71.5%. Key concern: Debt/equity is 1.51.

Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 1 concalls text-extracted
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
35th percentile

overall median 67 · Services: 36th pctile, median 66 · SME: 41st pctile, median 64

Evidence depth
Financial-only

2 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Mixed Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
53
watch · leverage and solvency
Discipline
58
watch · capital discipline
Results
56
watch · quarterly consistency

Trust positives

  • Promoter holding is 71.5%.
  • Promoter pledge is zero.
  • OPM spread across recent quarters is 2%.

Trust risks

  • Debt/equity is 1.51.
  • ROCE trend is -3.6%.
  • 1 of the latest 4 quarters had PAT decline worse than 25% YoY.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
4.78
P/B
0.55
EV/EBITDA
3.44
Market Cap
53.40Cr

Profitability

ROE
12.10%
ROCE
10.40%
ROA
2.70%
Dividend Y

Growth (CAGR)

Revenue 5Y
23.00%
EPS 5Y
32.00%
Revenue 3Y
14.00%
EPS 3Y
27.00%

Balance Sheet

Debt/Equity
1.51
Interest Coverage
3.33×
Altman Z
2.73
Book Value
38.80

Cash Flow

FCF Yield
FCF Positive Y
3/5
OCF
7.00 Cr
EPS TTM
3.14

Shareholding

Promoter Hold
71.52%
Promoter Pledge
0.00%
Momentum 52W
19%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in Services, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.