Supreme Petrochem filed the complete transcript of its Q4FY26 earnings conference call with stock exchanges under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The conference call was conducted on April 28, 2026, to discuss the company's quarterly and annual performance.

Regulatory Filing and Compliance

The company submitted the comprehensive earnings call transcript to BSE and NSE on April 30, 2026, through a communication signed by D.N. Mishra, A.V.P (Legal) & Company Secretary. The transcript has been uploaded on the company's website at www.supremepetrochem.com for public access, ensuring full compliance with disclosure requirements.

Q4FY26 Financial Performance Highlights

During the earnings call, Executive Director and CFO Rakesh Nayyar presented detailed financial metrics for the quarter and full year. The company reported standalone revenue of ₹1,587 crore for Q4FY26, reflecting 3.00% year-on-year growth. Operating EBITDA reached ₹253 crore, marking a significant 75.00% increase compared to the previous year quarter, with margins improving to 15.90%.

For the full financial year 2026, revenue from operations stood at ₹5,338 crore, declining 11.00% year-on-year primarily due to lower average styrene monomer prices. Operating EBITDA was ₹515 crore with total EBITDA at ₹558 crore, achieving a margin of 10.37%. Net profit margin reached 6.13% with PAT at ₹327 crore.

Operational Volume Performance

The company's sales volume of manufactured products increased to 100,664 tons in Q4FY26 from 95,556 tons in Q4FY25, reflecting 5.40% growth. For the full year, volumes reached 363,203 metric tons compared to 355,967 metric tons in FY25, showing 2.00% growth. Capacity utilization remained healthy at over 80.00% during the year.

Raw Material Market Volatility and Supply Chain

Management highlighted significant volatility in styrene monomer prices during March 2026 due to West Asia conflict and supply disruptions through the Strait of Hormuz. Prices surged from around $1,000 per ton to a peak of approximately $1,650 per ton before moderating to around $1,500 per ton. The company maintained adequate inventory and sourcing arrangements from alternate geographies including Asia and China to meet domestic demand despite supply chain challenges.

ABS Plant Operations and Capacity Expansion

The mass ABS plant operations restarted with modified arrangements, currently operating at around 65.00% of design capacity pending equipment restoration. The original capacity of 70,000 tons per annum is now effectively reduced to approximately 45,000 tons per annum until equipment issues are resolved. The EPS Phase-II expansion project at Nagothane complex was successfully commissioned on April 14, 2026, enhancing EPS capacity from 85,000 tons per annum to 115,000 tons per annum.

Dividend Declaration and Financial Position

The Board of Directors recommended a final dividend of ₹8 per equity share along with the interim dividend of ₹2.50 per share declared earlier. The total dividend for the year stands at ₹10.50 per equity share of face value of ₹2 each. The company continues to remain debt-free with an investable surplus of ₹700 crore as of March 31, 2026, funding all capital expenditure through internal accruals.

Supreme Petrochem is navigating a complex market environment characterized by divergent demand patterns across its business segments. The company reports robust performance in the OEM segment while facing headwinds in non-OEM areas due to prevailing market challenges.

Current Market Dynamics

The company's business performance reflects the mixed market conditions currently prevailing in the petrochemicals sector. While OEM demand remains strong, providing stability to a portion of the business, non-OEM segments are experiencing weakness attributed to two primary factors.

Growth Projections and Operational Outlook

Supreme Petrochem has outlined its growth expectations for FY27, contingent on market stabilization. The company anticipates achieving 8% to 10% volume growth for FY27, provided normal market conditions resume by the end of June and the ABS plant becomes operational.

The company expects improved EBITDA performance for FY27 if market conditions stabilize by Q2, indicating management's cautious optimism about the business trajectory.

XMold Division Expansion Plans

The XMold Division represents a key growth driver for Supreme Petrochem, with ambitious expansion targets set for the current year. The division is targeting substantial volume growth and improved capacity utilization metrics.

The division's growth strategy centers on ABS compounding activities, which are expected to provide significant momentum to overall volume performance. This focus on specialized compounding operations aligns with the company's broader strategy to enhance value-added product offerings.