Supreme Petrochem , India's leading manufacturer of polystyrene and expanded polystyrene, has announced its financial results for the fourth quarter and fiscal year ended March 31, 2025, showcasing a mixed performance with strong annual growth despite a slight decline in Q4.

FY25 Highlights

The company reported a solid performance for the full fiscal year 2025:

• Revenue from operations surged by 14.66% to ₹6,023.40 crore, up from ₹5,253.30 crore in FY24.
• Operating EBITDA increased by 14.07% to ₹532.50 crore, compared to ₹466.80 crore in the previous year.
• Net profit rose by 12.70% to ₹390.50 crore, up from ₹346.50 crore in FY24.
• The company's sales volume of manufactured products grew by 9.4% year-on-year.

Q4 FY25 Performance

For the quarter ended March 31, 2025, Supreme Petrochem faced some headwinds:

• Q4 revenue from operations slightly decreased by 1.52% to ₹1,539.00 crore, compared to ₹1,562.80 crore in Q4 FY24.
• Operating EBITDA for the quarter declined by 17.46% to ₹144.70 crore, down from ₹175.30 crore in the same period last year.
• Net profit for Q4 FY25 stood at ₹106.90 crore, a decrease of 18.71% from ₹131.50 crore in Q4 FY24.

Key Developments

1. Dividend Announcement: The Board of Directors has recommended a final dividend of ₹7.50 per equity share for FY25, subject to shareholder approval.

2. ABS Project Progress: The company's first line of mass ABS project with a 70,000 TPA capacity is now expected to be mechanically completed by May 2025, with commercial production commencing from the second quarter of FY26.

3. Strategic Acquisition: Supreme Petrochem has entered into a Share Purchase Agreement to acquire 100% stake in Xmold Polymers Private Limited, a manufacturer of engineering polymer compounds, for ₹39.27 crore.

4. Capacity Utilization: The company reported a capacity utilization of 79% for all products based on effective expanded capacity in FY25.

5. Debt-Free Status: Supreme Petrochem continues to maintain a debt-free status, with an investable surplus of ₹872.00 crore as of March 31, 2025.

Management Commentary

The company's performance reflects its strong market position and operational efficiency. The strategic moves, including the ABS project and the acquisition of Xmold Polymers, indicate Supreme Petrochem's focus on expanding its product portfolio and manufacturing capabilities.

Looking Ahead

As Supreme Petrochem prepares to bring its ABS project online and integrate the Xmold Polymers acquisition, the company appears well-positioned for continued growth. The robust FY25 performance, despite Q4 challenges, demonstrates the company's resilience and strong market presence in the styrenics industry.

Investors and industry observers will be keenly watching how these strategic initiatives unfold in the coming fiscal year, potentially driving further growth and market expansion for Supreme Petrochem Ltd.

Supreme Petrochem Ltd , a leading petrochemical company, has announced its financial results for the fourth quarter and fiscal year ended March 31, 2025, along with a dividend recommendation. The company's performance shows mixed results compared to the previous year, with improvements seen on a sequential basis.

Financial Highlights

All financial figures are in Indian Rupees (₹) unless otherwise stated.

Dividend Announcement

The Board of Directors has recommended a final dividend of ₹7.50 per equity share (face value ₹2 per share) for the financial year 2024-25, subject to shareholders' approval at the upcoming Annual General Meeting (AGM).

Annual General Meeting and Dividend Details

• Record Date for Dividend: Friday, July 4, 2025

Operational Updates

ABS Project Progress

The company's 1st Line of Mass ABS project, with a 70,000 TPA capacity under license from M/s Velsatis, Italy, is now expected to be mechanically completed by May 2025. Commercial production is anticipated to commence from the 2nd quarter of FY 2025-26. The delay is attributed to:

• Supply issues of proprietary equipment
• Shortage of skilled construction workers

Strategic Acquisition

Supreme Petrochem has entered into a Share Purchase Agreement (SPA) with the Promoters/Shareholders of Xmold Polymers Private Limited, Tamil Nadu, on April 10, 2025. Key details:

• Acquisition of 100% stake in Xmold
• Total consideration: ₹39.27 crore, payable in tranches
• As of April 17, 2025, Supreme Petrochem has acquired 80% equity shares of Xmold
• Xmold is now a subsidiary of Supreme Petrochem

Investor Notes

• The company operates in the 'Styrenics and Allied Products' segment
• Supreme Petrochem remains debt-free, with finance costs primarily comprising interest expenses on leases

Investors and stakeholders are advised to consider these results and developments in the context of broader market conditions and the petrochemical industry outlook.