Supreme Industries , a leading plastics product manufacturer in India, has announced a downward revision in its volume growth expectations for the current year. The company now projects a growth rate of 12% to 14%, a reduction from its previous forecast of 14% to 15%.

Market Conditions Prompt Adjustment

The company attributes this revision to current market conditions, which have necessitated a more conservative outlook. This adjustment comes as part of Supreme Industries' ongoing assessment of its performance and market dynamics.

Financial Performance Overview

Despite the revised growth projections, Supreme Industries has reported financial results for the second quarter and half-year ended September 30:

Volume Growth and Business Segments

Despite the downward revision, Supreme Industries has shown resilience in its volume growth:

• The company achieved an 8% overall volume growth in the first six months of the year.
• The Plastics Piping business grew by 11% in volume during the first half of the year.
• Supreme Industries maintains its volume growth target between 15% to 17% in the Plastics Pipe Segment for the current year.

Strategic Developments

Supreme Industries has made significant strategic moves to strengthen its market position:

1. Acquisition of Wavin's Plastic Pipe Business: The company acquired Wavin's Plastic Pipe Business, including three manufacturing units with a total installed capacity of about 71,000 MT per annum.

2. Technology Licensing Agreement: A Master Technology License Agreement has been signed with Wavin B.V. Netherlands, granting Supreme Industries exclusive access to existing and future technologies for Plastic Piping systems in India and other SAARC countries for seven years.

3. Capacity Expansion: The company is progressing with capacity expansions at various locations for its Plastic Piping business and Protective Packaging products.

4. New Product Launches: Supreme Industries has commenced production of PP silent pipe systems under the brands "Serene" and "Serene Plus", developed in collaboration with M/s. Poloplast Gmbh of Austria.

Dividend Announcement

The Board of Directors has declared an interim dividend of 550% (₹11 per share of ₹2 face value) for the financial year 2025-26.

Outlook

While Supreme Industries has revised its volume growth expectations, the company remains focused on expanding its product range, increasing value-added products, and exploring new market opportunities. The recent acquisitions and technological collaborations are expected to pave the way for future growth in the Plastic Piping division.

As the company navigates through current market conditions, it continues to invest in capacity expansion and product diversification, indicating a long-term growth strategy despite short-term adjustments.

Supreme Industries , a leading plastic products manufacturer, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with significant business developments.

Financial Highlights

Interim Dividend Declaration

The company has declared an interim dividend of 550% (Rs. 11 per share) on equity shares with a face value of Rs. 2 each. The record date for dividend eligibility is set for November 3, 2025.

Strategic Acquisition

Supreme Industries has acquired Wavin Industries' plastic pipe business, effective August 1, 2025:

• The acquisition includes three manufacturing units:
  • Banmore (Madhya Pradesh)
  • Thimapur (Telangana)
  • Neemrana (Rajasthan)
• Combined installed capacity: Approximately 71,000 MT per annum
• Total acquisition cost: Rs. 302 crores

Technology Agreement

The company has entered into a Master Technology License Agreement with Wavin B.V. Netherlands:

• Grants exclusive access to Wavin's plastic piping technologies for India and SAARC countries
• Agreement duration: 7 years

These strategic moves demonstrate Supreme Industries' commitment to expanding its product portfolio and technological capabilities. The company's initiatives position it for potential growth in the coming periods.

Investors and market watchers will be keen to see how these developments, along with the revenue growth, impact the company's overall financial performance in subsequent reporting periods.