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14 Jul 2025 |
Supreme Industries
|
Consensus Share Price Target
|
4114.20 |
4144.79 |
- |
0.74 |
buy
|
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12 May 2025
|
Supreme Industries
|
Geojit BNP Paribas
|
4114.20
|
4107.00
|
3580.10
(14.92%)
|
Target met |
Buy
|
|
|
The combination of reduced government infrastructure spending, a slowdown in the real estate sector, and persistent price fluctuations in PVC led to destocking, adversely impacting overall volumes and profitability. EBITDA margins contracted by 256 bps YoY to 13.8%, largely attributable to an...
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25 Apr 2025
|
Supreme Industries
|
Anand Rathi
|
4114.20
|
4386.00
|
3477.80
(18.30%)
|
Target met |
Buy
|
|
|
Supreme Industries’ Q4 revenue remained muted at Rs30bn, up just 0.6% y/y, as overall volumes sold rose a meagre 2.3% y/y. Profitability was impacted as PVC pricing environment remained uncertain, with a downward bias deferring filling of channel inventory and under absorption of fixed overheads.
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25 Apr 2025
|
Supreme Industries
|
ICICI Securities Limited
|
4114.20
|
3441.00
|
3477.80
(18.30%)
|
Target met |
Hold
|
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|
Supreme Industries (SI) reported Q4FY25 blended plastics volume growth of 2.3% YoY (6-year CAGR of 9.8%) with pipes segment reporting modest 2.2% YoY volume growth (6-year CAGR of 11.7%) on a high base YoY. Blended EBIT/kg contracted 23.1% YoY to INR16.5 (+19.2% QoQ) as pipes EBIT/kg fell 27.8% YoY to INR 13.3 (+22.3% QoQ), partly due to inventory losses.
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25 Apr 2025
|
Supreme Industries
|
Sharekhan
|
4114.20
|
4054.00
|
3477.80
(18.30%)
|
Target met |
Buy
|
|
|
Consolidated revenue stood at Rs. 3,027 crore, flat y-o-y, due to a 2% y-o-y fall in realisations, while total volumes grew at just 2.3% y-o-y in Q4FY25.
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25 Apr 2025
|
Supreme Industries
|
IDBI Capital
|
4114.20
|
4572.00
|
3477.80
(18.30%)
|
Target met |
Buy
|
|
|
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25 Apr 2025
|
Supreme Industries
|
Prabhudas Lilladhar
|
4114.20
|
3803.00
|
3477.80
(18.30%)
|
Target met |
Accumulate
|
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|
Supreme Industries' (SI) Q4FY25 volume growth was 2.3% below with our estimates, due to lower volume in the plastic pipe segment (up 2.2% YoY against our est. of 5%) because of low demand in plumbing and infra segments, delay in ADD on PVC resin resulted de-stocking in the channels. EBITDA margin contracted by 260bps YoY with decrease in EBIT/kg to Rs 13.3 (down 27.8% YoY) in pipe segment mainly due to inventory losses in pipe segment. SI expects topline to reach Rs 12bn by FY26 driven by volume growth of 10-12% in pipe segment with overall EBITDA margin of 14.5-15.5%, also plastic pipe segment...
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24 Apr 2025
|
Supreme Industries
|
BOB Capital Markets Ltd.
|
4114.20
|
4500.00
|
3511.70
(17.16%)
|
Target met |
Buy
|
|
|
Missed EBITDA estimate by 3% on weak pipe volume (+2.2% YoY vs +30% guidance), but beats PAT estimate by 3.5% on lower tax rate
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11 Mar 2025
|
Supreme Industries
|
BOB Capital Markets Ltd.
|
4114.20
|
5150.00
|
3333.95
(23.40%)
|
25.18 |
Buy
|
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Wavin acquisition will enable SI to gain market share in North and South India
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03 Mar 2025
|
Supreme Industries
|
Prabhudas Lilladhar
|
4114.20
|
3748.00
|
3532.80
(16.46%)
|
Target met |
Accumulate
|
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|
We downward revise the rating to Accumulate' and our earnings estimates for FY25/FY26/FY27E by 3.3%/9.4%/9.9%, and revise TP to Rs3,748 (Rs5,040 earlier), based on 35x FY27E earnings (42x earlier). We recently met the management of Supreme Industries (SI) to get clarity over P&F volume growth guidance and outlook on PVC resin pricing scenario for the near to long term. The company indicated that it will be able to achieve only single-digit P&F volume growth in FY25, as against the guidance of 15-16%. Also, EBITDA margin in Q4FY25 is likely to be similar to that in Q3FY25, due to lower PVC resin prices...
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31 Jan 2025
|
Supreme Industries
|
Geojit BNP Paribas
|
4114.20
|
4442.00
|
3968.80
(3.66%)
|
Target met |
Buy
|
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21 Jan 2025
|
Supreme Industries
|
IDBI Capital
|
4114.20
|
4820.00
|
3959.05
(3.92%)
|
17.16 |
Buy
|
|
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20 Jan 2025
|
Supreme Industries
|
Sharekhan
|
4114.20
|
5000.00
|
4021.90
(2.29%)
|
21.53 |
Buy
|
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|
Supreme Industries Limited (SIL) reported consolidated revenue of Rs. 2,510 crore (up only 2.5% y-o-y) on account of flattish realizations (0.5% decline y-o-y) while total volume growth was also soft at 3% y-o-y.
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05 Dec 2024
|
Supreme Industries
|
Sharekhan
|
4114.20
|
5700.00
|
4757.90
(-13.53%)
|
38.54 |
Buy
|
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|
We retain a Buy on Supreme Industries Limited (SIL) with an unchanged PT of Rs. 5,700. The recent correction due to falling PVC prices provides a good buying opportunity
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30 Nov 2024
|
Supreme Industries
|
CD Equisearch
|
4114.20
|
4235.00
|
4651.10
(-11.54%)
|
Target met |
Hold
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30 Oct 2024
|
Supreme Industries
|
Geojit BNP Paribas
|
4114.20
|
4895.00
|
4389.00
(-6.26%)
|
Target met |
Accumulate
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23 Oct 2024
|
Supreme Industries
|
ICICI Securities Limited
|
4114.20
|
4457.00
|
4593.00
(-10.42%)
|
Target met |
Hold
|
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In Q2FY25, Supreme Industries (SI) reported disappointing operational performance. Blended plastic volume was flat YoY with pipes volume being flat too YoY (-27.1% QoQ; 5-year CAGR of 8.6%).
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22 Oct 2024
|
Supreme Industries
|
BOB Capital Markets Ltd.
|
4114.20
|
5250.00
|
4485.90
(-8.29%)
|
27.61 |
Buy
|
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Weak Q2 on destocking of pipe inventories in the channel in a falling resin price environment, and MTM inventory loss
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22 Oct 2024
|
Supreme Industries
|
Sharekhan
|
4114.20
|
5700.00
|
4485.90
(-8.29%)
|
38.54 |
Buy
|
|
|
We retain a Buy on Supreme Industries Limited (SIL) with a revised PT of Rs. 5,700, lowering our valuation multiple. Stock price correction of over 15% in past few days provide buying opportunity.
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02 Aug 2024
|
Supreme Industries
|
Geojit BNP Paribas
|
4114.20
|
4718.00
|
5163.00
(-20.31%)
|
Target met |
Sell
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26 Jul 2024
|
Supreme Industries
|
Keynote Capitals Ltd
|
4114.20
|
4957.00
|
5439.75
(-24.37%)
|
Target met |
Sell
|
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Quarterly Update Q1FY25
|