The Supreme Industries (SUPREMEIND) Q4 24/25 earnings summary

Executive summary

• Achieved revenue of Rs. 10,446 crore in FY 2024-25, up 3.08% year-over-year, with sales tonnage at 674,510 MT, a 5.44% increase year-over-year.

• Operating profit and profit after tax declined by 6% and 10% year-over-year, respectively, to INR 1,552 crore and INR 961 crore; PAT also reported as Rs. 896.8 crore, down 11.75%.

• Maintained a debt-free status with a cash surplus of Rs. 944 crore as of March 31, 2025.

• Specialty/value-added business contributed 39% of turnover, with turnover rising to INR 4,060 crore.

• Major CapEx of INR 1,100 crore planned for FY 2026, fully funded by internal accruals.

Financial highlights

• Net product turnover increased to INR 10,295 crore from INR 10,022 crore year-over-year; consolidated revenue for FY25 was Rs. 10,446 crore.

• EBITDA for FY 2024-25 stood at Rs. 1,433 crore, up 7.48% year-over-year; operating profit margin was 13.72%.

• Operating profit fell to INR 1,552 crore from INR 1,654 crore; profit after tax dropped to INR 961 crore from INR 1,070 crore.

• Dividend payout for FY 2024-25 was Rs. 34 per share (1,700% of face value), with a payout ratio between 35-50% of PAT.

• Inventory loss estimated at INR 150 crore due to sharp declines in polymer prices.

Outlook and guidance

• FY 2026 turnover expected to reach INR 12,000 crore.

• Anticipates 10%-12% volume growth, with plastic piping system expected to grow 3%-4% above industry, which is forecasted at 7%-8%.

• Plans to expand installed capacity to 1.2 million MT by FY 2025-26.

• Guidance includes nine months of Wavin acquisition contribution.

• Focus on increasing share of value-added products and widening distribution network.