Supreme Industries profit jumps 59.3% to 262 crore rupees in September quarter
Key Facts
Supreme Industries’ consolidated net profit rose 59.3% year on year to 262 crore rupees in the September 2026 quarter, compared with 165 crore rupees in the same period a year earlier, NDTV Profit reported on October 26. Revenue from operations increased 40.4% to 3,361 crore rupees from 2,394 crore rupees a year earlier. EBITDA grew faster than revenue, rising 44.9% to 431 crore rupees from 297 crore rupees. The EBITDA margin widened to 12.8% from 12.4% in the year-earlier period. The board declared an interim dividend of 12 rupees per share for the 2027 financial year.
The plastic piping products segment was the largest of the businesses detailed in the results, with revenue of 2,274 crore rupees in the September quarter, compared with 1,609 crore rupees a year earlier. Segment profit rose to 241 crore rupees from 127 crore rupees in the year-earlier period. Revenue from industrial products increased to 420 crore rupees from 283 crore rupees. Revenue from packaging products also rose to 481 crore rupees from 394 crore rupees. Packaging segment profit, however, moved in the opposite direction, edging down to 46 crore rupees from 48 crore rupees a year earlier, highlighting uneven performance across the businesses during the quarter.
In its operational performance disclosure, the chairman and managing director said total volume grew 8% in the first half of financial year 2026, and the company expects volume growth of between 12% and 14% for the year. Plastic piping volume rose 11% in the first half, and the company kept its annual growth target for the segment at between 15% and 17%. The company said it expects demand from the agriculture sector to recover in the second half, which it cited in explaining its decision to maintain the piping volume growth target. The chairman and managing director said the operating environment had stabilised after initial volatility in polymer prices. The disclosure linked improved stability to the implementation of a minimum import price for PVC resin and the withdrawal of the customs duty exemption.
The quarterly performance puts the company in the context of a previous financial year in which it recorded net revenue of 11,217.67 crore rupees and sales of 753,907 tonnes of plastic products during 2025-26, according to investor data published on the company’s website. Operating profit, excluding other income, was 1,553.87 crore rupees that year, while net profit stood at 911.29 crore rupees. For the September 2026 quarter, consolidated profit before tax was 343.91 crore rupees, up 58.03% year on year, according to Business Upturn. Sales of value-added products rose to 1,476 crore rupees from 1,072 crore rupees in the same period a year earlier, an increase of 38%. These figures provide further indications of broader sales and improved profitability, alongside differences in performance across the company’s segments.
On dividends, the company set October 30, 2026, as the record date for shareholders eligible for the interim dividend of 12 rupees per share. Supreme Industries shares fell during the October 26 session, trading at 3,282.1 rupees per share at about 1:31 p.m., down nearly 3% from the previous close of 3,390 rupees. The company had scheduled a call with analysts and investors to discuss its results for the same day, October 26, at 4 p.m. The call followed the results announcement and gives the company an opportunity to discuss performance with investors and analysts.