|
12 Sep 2025 |
Supreme Industries
|
Consensus Share Price Target
|
4353.30 |
4427.52 |
- |
1.70 |
buy
|
|
|
|
|
30 Oct 2023
|
Supreme Industries
|
ICICI Securities Limited
|
4353.30
|
3845.00
|
4522.10
(-3.73%)
|
Target met |
Sell
|
|
|
In Q2FY24, Supreme Industries (SI) reported blended plastics volume growth of 23.2% YoY (4-year CAGR of 10.2%) on a low base, driven by 29.9% YoY volume growth in the pipes segment (4-year CAGR of 11%). Blended EBIT/kg grew 157% YoY to INR21.1 (+22.5% QoQ) with pipes EBIT/kg increasing 517% YoY to INR 19.5 (+17.7% QoQ) due to a low base (continuous decline of PVC price in Q2FY23 led to high inventory losses).
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|
25 Sep 2023
|
Supreme Industries
|
Geojit BNP Paribas
|
4353.30
|
3694.00
|
4190.60
(3.88%)
|
Target met |
Sell
|
|
|
|
|
31 Jul 2023
|
Supreme Industries
|
Keynote Capitals Ltd
|
4353.30
|
3615.00
|
3550.00
(22.63%)
|
Target met |
Neutral
|
|
|
Quarterly Update Q1FY24
|
|
29 Jul 2023
|
Supreme Industries
|
ICICI Securities Limited
|
4353.30
|
3290.00
|
3359.80
(29.57%)
|
|
Hold
|
|
|
Supreme Industries (SI) reported an in-line blended plastics volume growth of 36.4% YoY (4-year CAGR of 7.0%) in Q1FY24 on a low base, driven by 47.7% YoY volume growth in the pipes segment (4-year CAGR of 8.3%). Blended EBIT/kg declined 12.2% YoY to INR17.3 (-38.3% QoQ) with pipes EBIT/kg declining 14.6% YoY to INR16.6 (-43.5% QoQ).
|
|
28 Jul 2023
|
Supreme Industries
|
Prabhudas Lilladhar
|
4353.30
|
3377.00
|
3359.80
(29.57%)
|
Target met |
Hold
|
|
|
|
|
08 May 2023
|
Supreme Industries
|
Bonanza
|
4353.30
|
3291.00
|
2785.45
(56.29%)
|
Target met |
Buy
|
|
|
Supreme Industries (SIL) has a very strong business model in Plastic products catering to segments spreading across sectors, pioneering in Plastic Piping industry. SIL is strategically expanded its business segments with value added products driving margins where OPM is >17% (~38% sales from value added products in FY23).
|
|
03 May 2023
|
Supreme Industries
|
Geojit BNP Paribas
|
4353.30
|
3223.00
|
2758.25
(57.83%)
|
Target met |
Buy
|
|
|
|
|
02 May 2023
|
Supreme Industries
|
Keynote Capitals Ltd
|
4353.30
|
3130.00
|
2748.90
(58.37%)
|
Target met |
Buy
|
|
|
Quarterly Update Q4FY23
|
|
30 Apr 2023
|
Supreme Industries
|
ICICI Direct
|
4353.30
|
3200.00
|
2721.80
(59.94%)
|
Target met |
Buy
|
|
|
|
|
29 Apr 2023
|
Supreme Industries
|
ICICI Securities Limited
|
4353.30
|
2588.00
|
2721.80
(59.94%)
|
|
Hold
|
|
|
Supreme Industries (SI) reported Q4FY23 blended plastic volumes growth of 14.6% YoY (4-year CAGR of 6.7%), driven by plastic pipe volume growth of 16.4% YoY (4-year CAGR of 7.7%) as demand was seen across segments. EBIDTA increased 22.7% YoY (+58.3% QoQ) on higher profitability in the pipe segment and also due to inventory gains of Rs0.6-0.7bn (as PVC resin price increased ~16% during end-Dec’22).
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