1720.00 -28.20 (-1.61%)

New 52W Low today

195.9K NSE+BSE Volume High volume today

NSE May 25, 2022 03:31 PM



Supreme Industries Ltd.    
02 May 2022
1720.00
-1.61%
Supreme Industries Ltd. is trading at high day volume of 189.2K.
Supreme Industries Ltd.    
01 May 2022
1720.00
-1.61%
Supreme Industries L.. has an average target of 2420.38 from 8 brokers.
Supreme Industries Ltd.    
30 Apr 2022
1720.00
-1.61%
HDFC Securities
Supreme Industries: We maintain BUY on Supreme Industries (SIL), keeping the TP unchanged at INR 2,770/share (SOTP-based). In Q4FY22, SIL's consolidated revenue rose +23% YoY to INR 25.6bn on strong piping demand rebound. However, gross margin contraction pulled down EBITDA/APAT by 23/28% YoY to INR 3.91/3.24bn respectively. As demand has picked up since March-22 and even resin prices have started to cool off April onwards, the management remains confident of strong volume growth in FY23. The company is also expanding its capacity amid a healthy demand outlook. IndiaMART InterMESH: IndiaMART posted in-line revenue growth of +7.1% QoQ but margins took a severe hit (down 1,347 bps QoQ to 28.4%) due to investments in sales capacity (+42.6% YoY). The paid supplier addition of ~13k (highest ever) was higher than our estimate of 8K and the additions were primarily in the monthly bucket. The portfolio churn has reduced across all buckets, indicating a sustained momentum. Management has indicated paid supplier addition of ~8-9k/quarter, supported by investments in sales, technology, and channel partners. Margin decline was primarily on account of a sharp increase in employee and outsource sales cost, with the prime objective to boost growth. We maintain our positive stance, based on (1) higher growth visibility, led by 31% YoY increase in cash collections; (2) uptick in customer addition and investment in growth engine; (3) economic recovery leading to improving health of MSME; (4) completion of busy acquisition with huge cross-sell opportunity; and (5) tender buyback offer of INR 1bn (~0.5% of equity). We increase revenue estimate by...
default
Number of MF schemes increased from 73 to 84 in Mar 2022 qtr.
Supreme Industries Ltd.    
30 Apr 2022
1720.00
-1.61%
buy
default
Number of MF schemes increased from 73 to 84 in Mar 2022 qtr.
Supreme Industries Ltd.    
29 Apr 2022
1720.00
-1.61%
BOB Capital Markets Ltd.
Q4 revenue grew 23% YoY led by increased realisations (+6%) and volume recovery (+16%)
Supreme Industries L.. has an average target of 2420.38 from 8 brokers.
Supreme Industries Ltd.    
15 Mar 2022
1720.00
-1.61%
buy
CD Equisearch
Several factors pressured volumes of Supreme's plastic piping products business last quarter as its of take plunged by 25.5%, resulting in overall volume de-growth of 18% in plastic goods. Distributors rushed to destock their stocks in a big way post October after PVC prices started to drop sharply. Discounts were also offered to dealers in January and December to liquidate stocks. Demand for PVC pipes was also affected by extended rainfall and supply chain disruptions in CPVC pipe system. Thanks to Covid -19 restrictions affecting reopening of hotels and other outdoor...
Supreme Industries Ltd. is trading at high day volume of 189.2K.
Supreme Industries Ltd.    
31 Jan 2022
1720.00
-1.61%
buy
Geojit BNP Paribas
Q3FY22 Revenue grew by modest 6% on account of inventory destocking in channel, extended rain & volatility in input cost. EBITDA margin fell by 540bps YoY to 16.3% on account of higher...
Supreme Industries Ltd. has lost -21.33% in the last 6 Months
Supreme Industries Ltd.    
27 Jan 2022
1720.00
-1.61%
Chola Wealth Direct
Background: Supreme Industries Limited is India's leading plastics product manufacturer, offering a wide and comprehensive range of plastic products in India. The company operates in various product categories viz. Plastic Piping System, Cross Laminated Films & Products, Protective Packaging Products, Industrial Moulded Components, Moulded Furniture, Storage & Material Handling Products, Performance Packaging Films and Composite LPG Cylinders. Supreme Industries has 25 technologically advanced manufacturing facilities located at various places spread across the country. The company has built-up excellent...
Supreme Industries L.. has an average target of 2420.38 from 8 brokers.
Supreme Industries Ltd.    
25 Jan 2022, 07:16AM
1720.00
-1.61%
HDFC Securities
Management said that since resin prices have seemingly bottomed out, dealers would restock inventory. Along with a demand uptick, this should cause a sales rebound in Q4FY22. We maintain BUY on Supreme Industries (SIL), with an SOTP-based TP of INR 2,650/share. In Q3FY22, the pipes sales slump (in Nov-21) moderated SIL's consolidated revenue growth, which was down 5% YoY to INR 19.5bn. Lower utilisation and gross margin and inventory loss (vs gain YoY) pulled consolidated EBITDA/APAT down 21/21% YoY to INR 3.18/2.46bn.
Supreme Industries Ltd. has lost -21.33% in the last 6 Months