Supreme Industries Limited (SUPREMEIND) AI Stock Analysis

• Market Cap: ₹501.85B
• Dividend Yield: 1.05%
• Average Volume (3M): 7.18K
• Price to Earnings (P/E): 69.5
• Beta (1Y): 0.90
• Revenue Growth: 1.68%
• EPS Growth: -22.27%
• Country: IN
• Employees: 5,008
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Construction
• EPS (TTM): 12.10
• Shares Outstanding: 127,026,870
• 10 Day Avg. Volume: 13,241
• 30 Day Avg. Volume: 7,177
• PEG Ratio: -4.33
• Price to Book (P/B): 7.48
• Price to Sales (P/S): 4.05
• P/FCF Ratio: 373.61
• 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: ₹4,200.00
• Price Target Upside: 18.81% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 67.73
• Revenue Forecast (FY): ₹111.26B

• Rating: 56 Neutral
• Price Target: ₹4,069.00 ▲(15.10% Upside)
• Action: Reiterated Date: 11/25/25
• Date: Action: Reiterated 11/25/25

Supreme Industries Limited shows strong financial performance with solid revenue growth and a stable balance sheet, which is a significant positive factor. However, the technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation, which weigh down the overall score.

Positive Factors

Revenue Growth

Consistent top-line growth across product lines and end markets builds scale and supports durable cash generation. Sustained revenue expansion strengthens distributor relationships, funds incremental capacity and R&D, and makes operating performance more resilient to cyclical demand shifts.

Balance Sheet Strength

Low leverage and rising shareholders' equity provide financial flexibility to invest in capacity, pursue projects, and absorb downturns without stressing liquidity. Conservative debt levels reduce refinancing risk and support stable capital allocation over the medium term.

Cash Generation & Margins

Robust operating cash flow combined with healthy gross and EBITDA margins demonstrates efficient conversion of profits into cash. This underpins working-capital needs, funds capex and dividends, and sustains the business through input-cost cycles over several months.

Negative Factors

EPS Decline

A notable decline in EPS growth reflects pressure on net earnings from either higher costs or margin compression. Persistent EPS erosion can limit internal funding for expansion and shareholder returns, forcing tougher trade-offs or increased reliance on external financing.

Free Cash Flow Volatility

Variability in free cash flow driven by changing capex patterns creates uncertainty in discretionary cash. Such volatility can constrain dividends, buybacks or opportunistic investments and requires management to balance growth spending against near-term liquidity needs.

Raw Material Exposure

High exposure to polymer and raw-material price swings creates structural margin cyclicality. Sustained input-cost inflation or supply tightness can compress gross and net margins, making earnings and cash generation less predictable over the medium term.

Supreme Industries Limited Business Overview & Revenue Model

Company Description

The Supreme Industries Limited manufactures and sells plastic products primarily in India. The company offers a range of molded plastic furniture products, including chairs, trolleys, center and dining tables, sofa, stools, etc.; material handling and storage products, such as small bins, super jumbo crates, and injection molded and roto molded pallets and garbage bins; vacuum formed crates, P.P. corrugated sheet boxes and crates, and recyclable packaging; and petrochemical products comprising general purpose, high impact, specialty, and modified polystyrene. It also provides XF films and products that consists of multilayered cross laminated, U.V. stabilized plastic films under the SILPAULIN brand for use in various agricultural, industrial, and covering applications; and co-extruded multi-layer barrier films. In addition, the company offers protective packaging products, such as thermoplastic PE foam sheets and profiles, cross-linked and blended PE foams, air bubble films and composites, and EPDM and other specialty rubber foams, as well as corrosion resistant, anti-static, UV resistant, and metal laminated foams and bubble films; expansion joint fillers and anti-seismic foams for commercial and residential buildings; and insulation products for various industries. Further, it provides plastic piping systems comprising uPVC pipes, injection molded PVC and handmade fittings, polypropylene random co-polymer pipe systems, HDPE pipe systems, CPVC pipes systems, and inspection chambers and manholes; industrial piping system, DWC PE pipe system, and fire sprinkler system; and toilets bath fittings, roto molded tanks and fittings, and solvents. Additionally, the company offers composite LPG cylinders and industrial components. It also exports its plastic products. The Supreme Industries Limited was incorporated in 1942 and is based in Mumbai, India.

How the Company Makes Money

Supreme Industries generates revenue through the sale of its manufactured plastic products across multiple sectors. Key revenue streams include the production and sale of plastic pipes and fittings, which are essential for water supply and irrigation systems, as well as packaging solutions for food and consumer goods. The company also capitalizes on the growing demand for modular furniture and infrastructure products made from plastic, which are marketed to both retail customers and businesses. Strategic partnerships with suppliers and distributors enhance its market reach, while a focus on product innovation helps maintain competitive pricing and customer loyalty, ultimately driving sales growth and profitability.

Supreme Industries Limited Financial Statement Overview

Summary

Supreme Industries Limited displays solid financial health with strong revenue growth, efficient operations, and a stable balance sheet. The company effectively manages its debt levels and maintains a robust capital structure. While cash flow generation is strong, there is potential for optimizing capital expenditure to enhance free cash flow further.

Income Statement

Supreme Industries Limited demonstrates strong revenue growth with a consistent increase in total revenue over the years. The gross profit margin is robust, indicating efficient production processes. The EBIT and EBITDA margins are also solid, showcasing effective cost management and operational efficiency. However, a slight decline in net profit margin in the latest year suggests increased expenses or cost pressures.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio, indicating conservative debt management. The equity ratio is robust, reflecting a strong capital structure. Return on equity is solid, underlining effective utilization of shareholders' funds. The increase in stockholders' equity over the years highlights financial stability and growth potential.

Cash Flow

Operating cash flow remains strong, ensuring liquidity and operational sustainability. The free cash flow has shown growth, although it fluctuated in recent years due to varying capital expenditures. The operating cash flow to net income ratio is healthy, indicating efficient conversion of profits into cash. However, the free cash flow to net income ratio suggests room for improvement in capital investment strategies.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	104.19B	104.46B	101.34B	92.02B	77.73B	63.55B
Gross Profit	33.10B	32.44B	32.24B	25.61B	23.83B	22.84B
EBITDA	13.45B	14.32B	15.42B	11.97B	12.40B	12.71B
Net Income	8.90B	9.61B	10.70B	8.65B	9.68B	9.78B
Balance Sheet
Total Assets	0.00	71.68B	65.56B	56.94B	49.96B	42.82B
Cash, Cash Equivalents and Short-Term Investments	9.44B	9.44B	11.79B	7.48B	5.20B	7.62B
Total Debt	0.00	758.00M	550.60M	511.70M	456.80M	376.70M
Total Liabilities	-56.60B	15.07B	14.47B	12.92B	11.52B	11.13B
Stockholders Equity	56.60B	56.60B	51.09B	44.02B	38.44B	31.69B
Cash Flow
Free Cash Flow	0.00	1.13B	8.64B	4.66B	4.90M	10.19B
Operating Cash Flow	0.00	10.04B	14.13B	8.90B	4.70B	12.46B
Investing Cash Flow	0.00	-7.91B	-6.09B	-3.49B	-4.03B	-2.01B
Financing Cash Flow	0.00	-4.40B	-3.82B	-3.27B	-3.10B	-5.05B

Supreme Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3535.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SUPREMEIND, the sentiment is Positive. The current price of 3535.2 is below the 20-day moving average (MA) of 3888.60, below the 50-day MA of 3647.60, and below the 200-day MA of 3982.04, indicating a neutral trend. The MACD of 91.90 indicates Positive momentum. The RSI at 60.52 is Neutral, neither overbought nor oversold. The STOCH value of 53.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SUPREMEIND.

Supreme Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MOTHERSON	72 Outperform	₹1.29T	30.91	―	0.47%	7.25%	-36.27%
JBMA	64 Neutral	₹123.67B	67.30	―	0.15%	7.63%	11.25%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GREENPLY	57 Neutral	₹24.60B	58.33	―	0.19%	4.40%	-20.15%
SUPREMEIND	56 Neutral	₹501.85B	69.47	―	1.05%	1.68%	-22.27%
RELAXO	56 Neutral	₹80.13B	94.83	―	0.75%	-8.39%	-3.74%
CENTURYPLY	55 Neutral	₹157.05B	72.08	―	0.12%	16.88%	6.77%

Supreme Industries Limited Corporate Events

Supreme Industries Announces Demise of Chairman Bajranglal Surajmal Taparia

Supreme Industries Limited has announced the death of its Chairman and promoter, Shri Bajranglal Surajmal Taparia, who passed away on 30 January 2026. The company described his demise as an irreparable loss to the organisation, its directors and employees, marking a significant change in its top leadership structure and prompting formal notification to stock exchanges in line with regulatory requirements.

Supreme Industries Files December 2025 Investor Presentation with Stock Exchanges

The Supreme Industries Limited has submitted its investor presentation for the nine months of FY 2025-26, specifically covering the December 2025 quarter, to the National Stock Exchange of India and BSE. The filing underscores the company’s ongoing engagement with capital markets and its commitment to providing detailed operational and financial updates to investors, which can influence stakeholder expectations and inform market assessments of its performance and strategic direction.

Supreme Industries Posts Higher Q3 Volumes and Revenue but Faces Margin Pressure

Supreme Industries reported higher volumes and revenue for the quarter and nine months ended 31 December 2025, with standalone plastic goods sales rising 12.9% year-on-year in Q3 FY26 and total income up 6.8%, while consolidated income also grew 6.8% in the quarter and 3.5% over the nine-month period. Despite this top-line growth, profitability softened, as standalone and consolidated operating margins and profit before tax declined compared with the previous year, leading to lower earnings per share, which indicates margin pressure even as operational scale and sales volumes continue to expand, a dynamic that investors and other stakeholders will closely watch for its impact on future returns and competitiveness.

Supreme Industries Schedules Q3 FY26 Earnings Call for Analysts and Investors

Supreme Industries Limited has announced that DAM Capital Advisors will host a conference call for analysts and investors on 21 January 2026 at 4:00 p.m. IST, following the release of the company’s unaudited financial results for the third quarter ended 31 December 2025. The call, featuring Managing Director M. P. Taparia, Chief Financial Officer P. C. Somani and Vice President (Corporate Affairs) & Company Secretary R. J. Saboo, underscores the company’s ongoing engagement with the investment community and offers stakeholders an opportunity to gain deeper insight into its quarterly performance and outlook across key markets.

Supreme Industries to Acquire 25% Stake in Vashishtha Research for Pressure Vessel Technology Partnership

The Supreme Industries Limited has executed a Share Subscription and Shareholders Agreement to invest INR 5 crore in Vashishtha Research Private Limited, acquiring a 25% stake on a post-issue, fully diluted basis. Under the agreement, Vashishtha Research will act as Supreme’s exclusive technology partner for the development and commercialization of pressure vessels, while Supreme secures rights to nominate a director on Vashishtha’s board and standard governance protections such as right of first refusal and restrictions on capital structure changes, strengthening Supreme’s technological base and positioning in advanced pressure vessel applications.