Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Sep
Source: Bse
Supreme Industries Limited (SUPREMEIND)
Mid CapMaterials stocks · Mid cap · NSE
India's largest plastic manufacturing and processing company, founded in 1942. Operates 9 business verticals across 35 manufacturing plants, serving 55 export countries with 7000+ distributors. Products include piping systems, industrial, packaging, and consumer products.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals16 Oct 2026 · screener
Latest result28 Jul, 06:34 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags15 Aug 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Materials P/E 28.8 (n=19)
Technical timing lens
Trend score and candlestick chart
37BearishMACD + · sector -3.8pp vs Nifty 500 (3M)
Stock trend: 45
Sector RS: 24
Sector 3M: -9.5% vs Nifty 500 -5.6%
Materials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SUPREMEINDD candles · FIT view-3.7%Latest close ₹3554.20 on 2026-10-21
Bar
-1.8%
RSI
53
MACD hist
14.41
52W pos
39%
2026-10-21O ₹3620.70H ₹3653.90L ₹3540.70C ₹3554.20Vol 2.0L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SUPREMEINDNifty CommoditiesNifty 500
- SUPREMEIND
- +4.6%
- Nifty 500
- -6.5%
- Nifty Commodities
- -10.2%
- Vs Nifty 500
- +11.1 pp
Chart stats
21 Oct 2026- From 52W high
- -17.0%
- 52W range position
- 36%
- ATR (14)
- 2.7%
- Volume vs 20D
- 1.20x
- Avg traded value
- ₹60.9 Cr
- 20D price channel
- ₹3,286.9 - ₹3,653.9
₹4,282.4
₹3,140 - ₹4,282.4
₹97.1
Latest completed session
20-session average
27.1% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST37
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good60
Revenue +4.2% · PAT +39.1% YoY
Technical
Bearish37
Price trend and sector-relative-strength timing.
Valuation
Legacy model-541.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence76
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 60/100Rev +4% YoY · PAT +39% YoY · margin expansion · operating leverage
Filed 28 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2,718 Cr | +4.2% | -23.0% |
| EBITDA | ₹398 Cr | +24.8% | -36.1% |
| Operating margin | 15.0% | +300 bps | -300 bps |
| PAT | ₹281 Cr | +39.1% | -35.3% |
| PAT margin | 10.3% | +260 bps | -196 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 44.30
- P/B
- 7.41
- EV/EBITDA
- 21.93
- Market Cap
- 45750.00Cr
Profitability
- ROE
- 15.80%
- ROCE
- 20.70%
- ROA
- 13.24%
- Dividend Y
- 1.02%
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- -1.00%
- Revenue 3Y
- 7.00%
- EPS 3Y
- 3.00%
Balance Sheet
- Debt/Equity
- 0.01
- Interest Coverage
- 54.40×
- Altman Z
- 9.53
- Book Value
- 486.00
Cash Flow
- FCF Yield
- 0.44%
- FCF Positive Y
- 12/5
- OCF
- 1225.00 Cr
- EPS TTM
- 81.27
Shareholding
- Promoter Hold
- 48.96%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 40%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 2,718-23.0% vs prev
Net Profit
₹ CrLatest: 281-35.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term trend down. RSI 53.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 53 — sideways, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 16% off 52W high · 13% 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.
Nifty 500 leadership
Relative Strength & Trend Stage
62
RS percentile
Stage 1 Base / Transition
1M return
+1.5%
3M return
+4.6%
6M return
-3.3%
1Y return
-7.7%
RS 1D
0
RS 20D
+40
Sector rank
#18
Industry rank
-
Stage evidence
- Price is within 0.5% of the 30-week proxy.
- The 30-week proxy changed -1.6% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price above
200-DMA
price below
Sector
lagging
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 87.73-0.93%
RS vs Nifty 50088
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth6/25
Quality11/20
Balance Sheet11/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
37
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
37/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Balance sheet contributes 11/15 to the score.
- Quality contributes 11/20 to the score.
Main drags
- Fair-value margin of safety is negative at -541.2%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Growth is weaker at 6/25; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
44.3
PB
7.4
EV/EBITDA
21.9
ROE
15.8%
ROCE
20.7%
FCF Yield
0.4%
Debt/Equity
0.0
MoS
-541.2%
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: 21 Oct 2026
v4.3-runtime-valuation
Final score
37
Previous: 37
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-541.2%
Previous: -553.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
37
37
37
37
37
37
37
37
37
37
37
37
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
₹942.7
-277.0% MoS
Growth-justified P/E
6.8
Growth-justified Value
₹554.26
-541.2% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Materials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
KEI
Mid
KEI Industries Limited
Retail
match 95
43
43.9
14.7%
-8%
WATCHLIST
PATANJALI
Mid
Patanjali Foods Limited
Retail
match 95
37
18.5
16.0%
-150%
WATCHLIST
PAGEIND
Mid
Page Industries Limited
Retail
match 94
53
52.1
54.3%
-17%
FAIR VALUE
PIIND
Mid
PI Industries Limited
Retail
match 93
38
30.7
11.2%
+10%
WATCHLIST
JUBLFOOD
Mid
Jubilant Foodworks Limited
Retail
match 92
39
73.2
21.0%
-89%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-06-04T07:55:43.512Z
Management commentary snapshot
Q4 FY26 saw strong performance with Sales Volume up 16% YoY and 26% QoQ, Revenue up 17% YoY and 31% QoQ, and EBITDA surging 50% YoY and 99% QoQ. Full-year FY26 also showed growth across key metrics.
Strong Q4 FY26 performance driven by volume and significant EBITDA margin expansion. Full-year growth is steady. Management's focus on capacity expansion, value-added products, and distribution network strengthening supports continued growth, despite raw material price volatility.
Current business mix
Revenue by Specialty Business
Latest issuer-disclosed distribution across 2 reported categories.
Specialty Business42.0%
Other Business58.0%
Growth engines
Diversify Product Portfolio
Focus on technological innovations and designs to enhance the overall contribution of Value Added products.
Capacity Expansion
The existing capacity is planned to be enhanced to 1.5 Million MT by 2027-28.
Widen Distribution Network
Increase channel partners and widen as well as deepen the distribution network.
Increase Share of Value Added Products
Focus on products with Operating Profit Margin (OPM) greater than 17%.
Capacity and execution
Overall Capacity Target
Existing installed capacity of 1,242,965 MT (as of 31.03.2026) to be enhanced to 1.5 Million MT by 2027-28.
Capex Plan
Total capex envisaged of about Rs.1000 crores during 2026-27.
New Greenfield Units
New Greenfield units planned at Patna, Jammu, near Gadegaon and near JNPT.
Tailwinds
India's Growth Story
Company benefits from India’s growth in Agriculture, Infrastructure, Housing, Packaged Foods, etc., which are government thrust areas.
Strong Cash Flows
Strong cash flows provide financial flexibility to fund expansion plans.
Headwinds
Raw Material Cost Volatility
Operating profitability is moderately susceptible to volatility in prices of key raw materials (PVC, PE, PP) linked to crude oil prices.
Risk radar
Raw Material Costs / Availability Risk
Operating profitability is moderately susceptible to volatility in prices of key raw materials (PVC, PE, PP) linked to crude oil prices.
Talent Management
Developing, retaining and recruiting key talent is crucial to achieve Company’s growth plans and aspirations.
Information Technology Risk
Digital attacks on systems, networks and programs capable of interrupting normal business processes are a common threat.
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 BOTH
Q4 results show strong sequential momentum (QoQ) in sales, revenue, and EBITDA, indicating improving operational efficiency and demand. Year-on-year (YoY) comparison is also crucial to assess underlying business growth and overcome seasonality.
Sector KPIs management disclosed
Volume Growth
Q4 FY26 Sales Tonnage: 231,889 MT (+16% YoY, +26% QoQ). FY26 Sales Tonnage: 753,907 MT (+12% YoY).
Pricing Trend
Q4 FY26 Revenue growth of 17% YoY outpaced Volume growth of 16% YoY. FY26 Revenue growth of 7% YoY lagged Volume growth of 12% YoY.
EBITDA Margin
Q4 FY26 EBITDA %: 17.67% (vs 13.77% in Q4 FY25). FY26 EBITDA %: 13.85% (vs 13.72% in FY25).
Distribution Expansion
Company plans to increase channel partners and widen/deepen the distribution network, which currently exceeds 7,000+ partners.
Management forward view
Maintain Debt-Free Status
Management aims to remain Debt free.
Focus on Core Business
Management intends to remain focused on Core business of Plastics and related products.
Cost Optimization
Management is committed to remaining on the path of Cost optimization.
Boost Exports
Management aims to remain focused to boost Exports.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Total Installed Capacity | 1,242,965 MT (as of 31.03.2026) | Progress towards the target of 1.5 Million MT by 2027-28. |
| Share of Specialty Business | 42% of Total Net Turnover (FY25-26) | Increase in contribution of value-added products (OPM > 17%). |
| Capex Spending | Rs. 1000 crores envisaged for 2026-27 | Timely execution and commissioning of greenfield and existing plant expansions. |
| Debt Status | Debt Free with Cash Surplus of Rs. 648 Crores (as at 31st March’26) | Maintenance of debt-free status amidst significant expansion plans. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
76Limited evidence · 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.
Limited evidence: Claim history is still being built. It ranks around the 81st percentile of the scored universe and 84th percentile within Materials. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
89 docs text-extracted · 36 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
81st percentile
overall median 67 · Materials: 84th pctile, median 70 · Mid: 54th pctile, median 76
Evidence depth
Financial-only
89 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
Limited evidence · low confidenceWhat 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
Can support position sizing if valuation and trend also agree.
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
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
64
acceptable · capital discipline
Results
62
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 0.4%.
- ▸12 years of positive FCF.
- ▸Debt/equity is 0.01.
Trust risks
- ▸ROCE trend is -3.3%.
- ▸2 older quarters in the 8-quarter window had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Supreme Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jul - Newspaper Publication of Special Window for Transfer and Dematerialization of Physical Securities.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Jun - Newspaper Advertisement of 84th Annual General Meeting
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 1 Jun
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.