Supreme Industries Sees Major Block Trade Worth ₹141.70 Crore on NSE
A significant block trade of 303,190 shares of Supreme Industries Ltd. was executed on the National Stock Exchange at ₹4,673.50 per share, totaling ₹141.70 crore. The transaction highlights investor interest in the company, a major player in India's plastic products industry. While the identities of the buyer and seller remain undisclosed, such large trades can influence short-term market sentiment.
Supreme Industries Limited announced its FY 2024-25 results with total consolidated income of Rs. 10,504.09 crores (+2.98% YoY) and PAT of Rs. 960.88 crores (-10.17% YoY). The company sold 674,510 MT of plastic goods (+5.44% volume increase) and declared a total dividend of 1700% (Rs. 34 per share). Looking ahead, Supreme Industries projects 9-10% volume growth for FY26, plans Rs. 1,100 crores capex, and aims to increase its Plastic Piping System capacity to one million MT by FY 2025-26 end.
24Apr 25
Supreme Industries Achieves FY25 Margin Target, Reports Strong Growth in Plastic Piping System Business
Supreme Industries achieved 16% growth in its plastic piping system business capacity, reaching 870,000 MT per annum by March 31, 2025. The company plans to expand further to one million MT by FY 2025-26. Despite industry challenges, Supreme Industries outperformed with 6% volume growth. The company reported total consolidated income of Rs. 10,504.09 crores and PAT of Rs. 960.88 crores for FY 2024-25. The Board recommended a total dividend of 1700% (Rs. 34 per equity share) for the fiscal year.
24Apr 25
Supreme Industries Unveils Rs. 1100 Crore Capital Expenditure Plan Amid Mixed Financial Performance
Supreme Industries, a leading Indian plastics manufacturer, has unveiled a Rs. 1100 crore capital expenditure plan for FY 2025-26. The plan includes establishing new facilities, expanding capacities, and introducing new product ranges. Despite a 2.98% increase in consolidated total income to Rs. 10,504.09 crores for FY 2024-25, the company reported a decline in profitability with PAT decreasing by 10.17%. The Board has recommended a total dividend of 1700% for FY 2024-25. The company remains optimistic about future growth, citing potential improvements in agriculture, housing, and export markets.
Supreme Industries, a leading plastics manufacturer, reported a 16% decline in Q4 net profit to ₹2.94 billion and a 15.48% decrease in EBITDA to ₹4.15 billion. Despite the downturn, the company declared a final dividend of ₹24 per share. Looking ahead, Supreme Industries provided robust FY26 guidance, projecting 15% revenue growth to ₹12,000 crore and margin expansion to 14.5-15%. The company also plans to launch a new PP Silent pipe system in June.
11Mar 25
Supreme Industries to Expand Piping Division with ₹262 Crore Acquisition of Wavin India
Supreme Industries Ltd has signed an MOU to acquire Wavin Industries Limited's Indian piping business for $30 million (₹262 crore). The acquisition includes manufacturing units in Madhya Pradesh, Telangana, and Rajasthan, along with assets, intellectual property, and employees. This move will expand Supreme Industries' piping division capacity by 73,000 metric tonnes annually and provide access to Wavin B.V.'s technologies for 7 years. The deal is expected to close by June 30, 2025, subject to regulatory approvals.