Plastic Products company Supreme Industries announced Q2FY26 results Total Consolidated Income: Rs 2,409.41 crore compared to Rs 2,288.00 crore during Q2FY25, change 5.31%. PBT: Rs 217.63 crore compared to Rs 269.53 crore during Q2FY25, change -19.26%. PAT: Rs 164.74 crore compared to Rs 206.60 crore during Q2FY25, change -20.26%. EPS: Rs 12.97 for Q2FY26. M. P. Taparia, Managing Director, The Supreme Industries, said: "World economy is going through a low growth phase. This has resulted in pressure on crude oil prices. Several new petrochemicals plants have gone into production and further additional plants are under construction. Combined effects of these economic developments have put all Polymer price range in downward trend. The company believes this downward trend may subside going forward unless crude oil prices go down drastically. The Company is operating in various segments of the business. The Company has grown 8% in overall volume in first six months of this year. The Company expects to grow 12% to 14% in volume in this year. Plastics Piping business growth in Agriculture application was adversely affected due to early arrival of monsoon. The rains remain active for extended period which has resulted in severe degrowth in Plastics Piping application in Agriculture. Central and State Governments have also provided less money in infrastructure segments related to demand in Plastics Pipe System. This has resulted in lower growth in Plastic Pipe System in first half, Company has grown in First half of this year in Plastics Pipe System by 11% in volume. The Company expects the demand from Agriculture segment will rebound in second half of this year. The Company thus maintains its volume growth target between 15% to 17% in Plastics Pipe Segment for the current year. Pursuant to The Business Transfer Agreement (“BTA”) entered into with Wavin Industries Limited and its two wholly owned subsidiary companies viz: Wavin India Pipes and Fittings Manufacturing Private Limited & Wavin India Holding Pvt. Ltd. (collectively referred as “Wavin”), the Company has acquired its Plastic Pipe Business including three manufacturing Units situated at Banmore (Madhya pradesh), Thimapur (Telangana) and Neemrana (Rajasthan) having installed capacities of about 71,000 MT per annum as a going concern on slump sale basis, effective 1st August,2025. The Company has also entered into Master Technology License Agreement with Wavin B.V. Netherlands, an Orbia group Company, to access on exclusive basis for India and other SAARC Countries, all its existing technologies and other new technologies to be developed during the period of seven years, pertaining to Plastic Piping systems for Building and Infrastructure segment effective from 1st August 2025. Going forward this acquisition and Licensing arrangement would pave the way for the business of the Plastic Piping division to grow in terms of capacities, market reach and systems to handle WATER in an effective manner. Capacity expansions at various locations for Plastic Piping business and Protective packaging products are progressing smoothly. Company’s plan to set up a new unit for material handling products at its newly acquired land at Malanpur (M.P.) to expand its footprint in central India shall be taken up in hand in next financial year along with other green field units at Bihar and Jammu for Plastic Piping division and in Western Maharashtra for Protective Packaging division for which requisite land is in possession of the Company. Newly installed production equipment for PP silent pipe system in technical collaboration with M/s. Poloplast Gmbh of Austria have commenced production. Product with the brand “Serene” and Serene Plus” will be launched all over the Country in this month. The Company is expanding its capacity and range of Electrofusion (EF) Fittings and exploring export market. The Company continues to invest and enlarge the product basket in all its divisions and to remain focused on increasing the range of value-added products. Construction work at site for Profile window project is nearing completion. Initial production line equipment has been installed and production trials have commenced. The Company expects to launch commercial production in the market during December 2025. Initial focus of the Company is to launch the customised Window in U.P., NCR & Haryana Region. The company would plan thereafter for more geographical reach within India with setting up of fabrication facilities in other parts of the country. During the first half year of the current year, Company has made capex outflow of Rs 869 crore. including acquisition of Wavin Business. The company expects total cash outflow of about Rs 1300 crore. towards existing & new capital commitments including acquisition of Wavin Business. Entire Capex shall be funded from internal accruals. All other product divisions are faring well and envisage moderate growth during the year. The protective packaging product division is specifically driving its growth plan by increasing its product range and offerings for customized solutions. The same is yielding positive results and paving the way for achieving double digit volume growth and revenue milestone of Rs 1000 crores for the year. The Company has started execution of its awarded contract for supply of 2 lakhs nos. of 10 Kg. composite LPG cylinders to Bharat Petroleum Corporation limited (BPCL) and 2.31 lakh nos. of composite LPG cylinders from Indian Oil Corporation Limited (IOCL). The Company has also expanded its export market reach and witnessed fruitful results in terms of better capacity utilization. The division has also executed its first order of CNG Cascade Cylinders and expecting repeat orders." Result PDF