Supreme Industries Limited , India's leading plastics product manufacturer, has announced its financial results for the fourth quarter and fiscal year ended March 31, 2025, revealing a mixed performance amidst challenging market conditions.

Q4 Performance Highlights

For the quarter ended March 31, 2025, Supreme Industries reported:

• Revenue from operations of ₹3,027.07 crore, a marginal increase of 0.64% year-over-year
• Volume growth of 2.30%, with plastic goods sold reaching 199,865 MT
• Operating profit of ₹416.81 crore, down 15.11% from the previous year
• Net profit after tax of ₹261.63 crore, a decrease of 16.81% compared to Q4 FY24

Full Year FY 2024-25 Results

For the fiscal year 2024-25, the company achieved:

• Total income of ₹10,559.07 crore, up 3.00% from the previous year
• Volume growth of 5.44%, with total plastic goods sold at 674,510 MT
• Operating profit of ₹1,432.74 crore, down 7.48% year-over-year
• Net profit after tax of ₹896.80 crore, a decrease of 11.75% compared to FY 2023-24

Segment Performance

The company's performance varied across its business segments:

Dividend Announcement

The Board of Directors has recommended a final dividend of 1200% (₹24 per equity share), which, combined with the interim dividend of 500% (₹10 per share), totals to 1700% (₹34 per share) for FY 2024-25.

Strategic Initiatives and Outlook

Managing Director M. P. Taparia commented on the company's performance and future plans:

• The company outperformed the overall plastic pipe industry, achieving 6% volume growth despite a 6% industry degrowth.
• Supreme Industries plans to expand its product portfolio, adding five new systems to its Plastic Piping division in the current year.
• The company has signed an MoU with Orbia Advance Corporation to acquire Orbia Wavin's pipes and fittings business in India, which will increase its piping division capacity by 73,000 MT per annum.
• A new PVC Profile manufacturing facility with 5,000 tons annual capacity is being set up in Kanpur Dehat.
• The company maintains a strong cash position with a surplus of ₹944 crore as of March 31, 2025.

Challenges and Opportunities

Supreme Industries faced headwinds in FY 2024-25, including:

• Lower government infrastructure spending
• Unseasonal rainfall affecting demand
• Volatility in PVC resin prices

However, the company remains optimistic about FY 2025-26, citing:

• Favorable IMD forecast for above-normal rainfall
• Encouraging reports on Rabi crop harvesting
• Expected stability in crude oil prices and polymer raw material costs

Capex Plans

The company has outlined capex plans of about ₹1,100 crore for the upcoming year, focusing on capacity expansion and new product development across various segments.

In conclusion, while facing short-term challenges, Supreme Industries continues to invest in growth initiatives and maintain its market leadership position in the plastics industry. The company's strategic expansions and diverse product portfolio position it well to capitalize on future opportunities in the Indian market.

Supreme Industries Limited , India's leading plastics product manufacturer, has announced its financial results for the fiscal year 2024-25, showcasing resilience in a challenging market environment. The company has also provided an optimistic outlook for the coming years, projecting a volume growth of 9-10% for the fiscal year 2026.

Financial Performance

For the fiscal year 2024-25, Supreme Industries reported:

Operational Highlights

The company achieved significant milestones in its operations:

• Sold 674,510 MT of plastic goods, marking a 5.44% increase in volume
• Net product turnover reached Rs. 10,295 crores, up 3% from the previous year
• Value-added products turnover increased to Rs. 4,060 crores, an 8% growth

Dividend Announcement

The Board of Directors has recommended a final dividend of 1200% (Rs. 24 per equity share), which, combined with the interim dividend of 500% (Rs. 10 per equity share), totals to 1700% (Rs. 34 per equity share) for FY 2024-25.

Future Outlook

Supreme Industries has projected a volume growth of 9-10% for the fiscal year 2026, indicating strong confidence in its business prospects. The company's Managing Director, Mr. M. P. Taparia, stated, "The current year augurs well for the Company on its business performance compared to the previous year."

Key points from the company's future outlook include:

1. Expansion plans: The company has committed to a capex of about Rs. 1,100 crores, including the acquisition of Wavin's building and infrastructure business in India.

2. New manufacturing facility: A state-of-the-art facility for uPVC Profiles/Windows & Doors is being set up in Kanpur, with production expected to commence by July 2025.

3. Capacity increase: The total installed capacity of the Plastic Piping System Business is expected to reach one million MT by the end of FY 2025-26.

4. Product portfolio expansion: The company plans to add five more systems to its Plastic Piping Systems division and increase its bathroom fittings SKUs from 729 to over 1,000 in FY 2025-26.

5. International expansion: The company is focusing on growth in the export market, given the tariff issues affecting other countries.

Market Conditions

Supreme Industries noted that PVC prices have reached their lowest point, suggesting potential stability or increase in the future. This development, coupled with expectations of above-normal rainfall and a range-bound crude oil price, is likely to keep the company's raw material costs stable.

Mr. Taparia commented on the market conditions, saying, "Our Country's economy is well poised to have high growth in the current year in spite of uncertain Global situation. We are more domestic economy-oriented Company."

As Supreme Industries continues to navigate the evolving market landscape, its focus on expansion, product diversification, and operational efficiency positions it well for future growth. The projected volume growth of 9-10% for FY26 underscores the company's confidence in its strategic initiatives and the overall market potential in the plastics industry.