Supreme Petrochem Limited (SPLPETRO) AI Stock Analysis

• Market Cap: ₹107.82B
• Dividend Yield: 1.55%
• Average Volume (3M): 49.70K
• Price to Earnings (P/E): 37.0
• Beta (1Y): 1.62
• Revenue Growth: -6.27%
• EPS Growth: -25.06%
• Country: IN
• Employees: 420
• Sector: Energy
• Sector Strength: 52
• Industry: Chemicals
• EPS (TTM): 1.63
• Shares Outstanding: 188,041,340
• 10 Day Avg. Volume: 4,041
• 30 Day Avg. Volume: 49,697
• PEG Ratio: 2.34
• Price to Book (P/B): 5.19
• Price to Sales (P/S): 1.93
• P/FCF Ratio: -333.66
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹548.00 ▼(-15.27% Downside)

Supreme Petrochem Limited's overall stock score is primarily influenced by its strong financial performance, which reflects solid growth and profitability. However, the technical analysis indicates bearish momentum, with the stock being oversold and trading below key moving averages. The valuation suggests the stock is relatively expensive, which further impacts the overall score.

Positive Factors

Strong profitability and margins

Income statement shows robust revenue increase and healthy gross and net profit margins along with solid EBIT/EBITDA. Durable margin strength indicates efficient cost management and operational leverage, supporting reinvestment and cushioning cyclical raw-material swings over months.

Conservative balance sheet and low leverage

Balance-sheet metrics point to low leverage and a high equity ratio, reducing refinancing and interest-rate risks. A conservative capital structure enhances financial flexibility to fund capex or absorb demand shocks, preserving strategic optionality over a multi‑month horizon.

Positive operating cash generation

Consistent positive operating cash flow and a favorable OCF-to-net-income ratio show the business converts earnings into cash effectively. That cash generation supports working capital, capex and potential shareholder returns, underpinning financial resilience over the medium term.

Negative Factors

Recent revenue contraction

Reported revenue decline of roughly 11.7% signals weaker demand or pricing pressure. Continued top-line contraction can erode scale economics and margin cushions, constrain reinvestment capacity, and weaken competitive positioning if the trend persists over several quarters.

Sharp EPS decline

A roughly 35.5% fall in EPS highlights material earnings compression relative to prior periods. This reduction undermines earnings predictability and may reflect margin deterioration or one-off impacts, limiting retained earnings for growth and increasing sensitivity to future cost or demand shifts.

Free cash flow pressure from higher capex

Declining free cash flow driven by rising capex reduces internal funding for dividends, debt paydown or strategic initiatives. If capex does not translate into near-term volume or margin gains, persistent FCF pressure and a recent dip in cash balances could constrain financial flexibility over coming months.

Supreme Petrochem Limited Business Overview & Revenue Model

Company Description

Supreme Petrochem Limited manufactures and sells polystyrene, expandable polystyrene, specialty polymers and compounds, styrene methyl methacrylate, and extruded polystyrene foam boards (XPS) in India and internationally. It provides general purpose, high impact, and expandable polystyrene products; white, black, color, additive, and performance/nucleating masterbatches and compounds of styrenics and other polymers; styrene methyl methacrylate for household, molding, sheet extrusion, and extrusion profiles applications; and XPS INSUboard. The company exports its products to approximately 100 countries. Supreme Petrochem Limited was incorporated in 1989 and is based in Mumbai, India.

How the Company Makes Money

Supreme Petrochem Limited generates revenue primarily through the sale of its core products, including polystyrene and expandable polystyrene, which are utilized in multiple industries such as packaging, automotive, and building materials. The company has established a robust revenue model that includes direct sales to manufacturers and distributors, as well as exports to international markets. Key revenue streams include bulk sales to large clients and ongoing supply contracts with major corporations. Additionally, SPLPETRO benefits from strategic partnerships with other companies in the petrochemical sector, enhancing its distribution capabilities and market reach. Factors contributing to its earnings include favorable market demand for petrochemical products, operational efficiency, and the ability to adapt to changing industry trends.

Supreme Petrochem Limited Financial Statement Overview

Summary

Supreme Petrochem Limited exhibits strong financial health with solid growth and profitability as reflected in the income statement. The balance sheet is robust, with low leverage and a strong equity base, though there is a note of caution regarding recent cash position changes. Cash flow management remains efficient, despite recent fluctuations in free cash flow.

Income Statement

Supreme Petrochem Limited has demonstrated strong revenue growth over the years, with a robust revenue increase from 2024 to 2025. Gross profit margin is healthy, indicating effective cost management. The net profit margin has shown consistency, reflecting stable profitability. EBIT and EBITDA margins are solid, showcasing operational efficiency. Overall, the income statement reflects a strong financial performance with upward growth trends.

Balance Sheet

The company's balance sheet shows a stable financial position with a strong equity base. The debt-to-equity ratio is low, indicating conservative leverage. Return on equity is satisfactory, suggesting efficient use of equity capital. The equity ratio is high, pointing to a strong reliance on equity financing. However, slight concerns arise from a decrease in cash and equivalents in the most recent year.

Cash Flow

Operating cash flow has been positive, highlighting the company's ability to generate cash from operations. However, the free cash flow has declined recently, primarily due to increased capital expenditures. The operating cash flow to net income ratio remains favorable, suggesting strong cash generation relative to profits. Despite recent free cash flow challenges, the cash flow statement indicates overall financial health.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	60.16B	60.16B	52.49B	52.84B	50.30B	31.83B
Gross Profit	8.91B	8.91B	8.06B	9.85B	11.84B	8.88B
EBITDA	5.07B	5.05B	4.45B	6.57B	8.94B	6.61B
Net Income	3.91B	3.91B	3.46B	4.98B	6.63B	4.77B
Balance Sheet
Total Assets	34.48B	34.48B	30.65B	27.31B	22.78B	17.55B
Cash, Cash Equivalents and Short-Term Investments	8.92B	8.72B	10.73B	9.68B	8.69B	5.72B
Total Debt	1.30B	1.30B	1.14B	166.56M	372.33M	410.60M
Total Liabilities	12.17B	12.17B	10.46B	8.87B	7.63B	6.90B
Stockholders Equity	22.31B	22.31B	20.19B	18.44B	15.16B	10.65B
Cash Flow
Free Cash Flow	0.00	-347.24M	2.44B	1.18B	5.09B	4.08B
Operating Cash Flow	0.00	3.42B	5.57B	3.24B	6.72B	4.35B
Investing Cash Flow	0.00	-3.30B	-1.82B	-1.49B	-1.40B	-639.21M
Financing Cash Flow	0.00	-2.12B	-1.97B	-1.94B	-1.78B	-1.04B

Supreme Petrochem Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 646.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SPLPETRO, the sentiment is Neutral. The current price of 646.75 is above the 20-day moving average (MA) of 549.52, above the 50-day MA of 607.14, and below the 200-day MA of 718.64, indicating a neutral trend. The MACD of -25.53 indicates Negative momentum. The RSI at 52.64 is Neutral, neither overbought nor oversold. The STOCH value of 74.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SPLPETRO.

Supreme Petrochem Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRPL	71 Outperform	₹309.33B	14.22	―	2.04%	-11.96%	14.31%
CHENNPETRO	67 Neutral	₹129.02B	6.06	―	0.55%	-4.61%	63.26%
PANAMAPET	66 Neutral	₹17.76B	9.24	―	1.71%	10.19%	-4.18%
TNPETRO	66 Neutral	₹8.53B	7.60	―	1.14%	8.27%	195.27%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SPLPETRO	58 Neutral	₹107.82B	36.99	―	1.55%	-6.27%	-25.06%
GVKPIL	41 Neutral	₹4.53B	-0.46	―	―	-67.26%	-278.16%

Supreme Petrochem Limited Corporate Events

Supreme Petrochem Releases Audio Recording of Q3 and 9M FY26 Earnings Call

Supreme Petrochem Limited has announced that the audio recording of its earnings conference call held on January 23, 2026, to discuss its third-quarter and nine-month FY26 results with investors, is now available. The recording can be accessed via an online link as well as through the company’s website, enhancing disclosure and transparency for shareholders and market participants who were unable to attend the live call.