The Supreme Industries (SUPREMEIND) Q4 25/26 earnings summary

Executive summary

• Achieved record sales volume of 753,907 tons in FY 2026, up 12% year-over-year, with revenue of INR 11,218 crore, and maintained leadership in Plastic Piping System and value-added products.

• Operating profit rose 7% to INR 1,654 crore, while profit after tax was INR 954 crore, with Q4 FY26 PAT up 46% YoY to INR 382 crore.

• Maintained a debt-free status with a cash surplus of INR 648 crore as of March 31, 2026, and a strong balance sheet.

• Audited consolidated and standalone financial statements for FY26 were approved with an unmodified audit opinion; new statutory auditors appointed for five years.

• Faced challenges from raw material price volatility, prolonged rainfall, subdued infrastructure spending, and global geopolitical uncertainties.

Financial highlights

• Revenue from operations increased to INR 11,218 crore from INR 10,446 crore year-over-year; Q4 FY26 revenue was INR 3,528 crore, up 17% YoY.

• Operating profit grew to INR 1,654 crore; EBITDA for FY 25-26 was INR 1,554 crore, up 8% YoY; PAT for FY 25-26 was INR 911 crore.

• Value-added products turnover rose 15% to INR 4,677 crore.

• Dividend payout for FY26 was INR 36 per share, with an aggregate outflow of INR 457 crore.

• Cash and cash equivalents at year-end stood at INR 648.84 crore (consolidated).

Outlook and guidance

• Anticipates 15–17% piping volume growth and 12–13% overall volume growth for FY 2027, with margin guidance of 14–14.5%.

• Plans to expand installed capacity to 1.5 million MT by FY 27-28 and focus on technological innovation and value-added products.

• CapEx of over INR 1,000 crore planned for FY 2027, including greenfield projects and new units.

• Targeting increased share of specialty business, aiming for over 40% of turnover.

• Industry expects 8% growth in plastic piping system volume in FY 2027 after a 9% decline in FY 2026.