Market News
3 min read | Updated on April 24, 2025, 15:10 IST
SUMMARY
Supreme Industries expects better volume growth in the export market for its product portfolio given the tariff issues affecting other countries severely
Stock list
Following this, shares of Supreme Industries were trading 0.40% lower at ₹3,511.80 apiece on the National Stock Exchange.
Its revenue from operations, however, was marginally up 0.6% to ₹3,027 crore during the reporting quarter. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) slipped 15% to ₹416 crore in Q4 FY25. Margin also declined to 13.8% as against 16.3% seen last year in the same quarter.
Following this, shares of Supreme Industries were trading 0.40% lower at ₹3,511.80 apiece on the National Stock Exchange.
Commenting on the quarter earnings, M. P. Taparia, Managing Director of The Supreme Industries, said, “The company has plans to commit capex of about ₹1,100 crores, including carry forward commitments and acquisitions of building and infrastructure business of Wave in India.”
“The year concluded had normal business in all its segments for the company except the Plastic Pipe System business, principally due to much lower spending by central and state governments on infrastructure compared to the year 2023-24, unseasonal rainfall in several parts of the country and the extreme volatile situation of PVC resin prices, the principal raw material used by the company,” Taparia further said.
The key launches for FY26 include the PP Silent pipe system, developed under a technical licence from Austria’s Poloplast. It is set for a June debut, the firm said.
As of March 31, 2025, the company has a total cash surplus of ₹944 crore as against a cash surplus of ₹1,178 crore as of March 31, 2024.
The Board of Directors has recommended payment of a final dividend at 1200%, i.e., ₹24/- per equity share on 12,70,26,870 equity shares of ₹2/- each for the year ended March 31, 2025.
Together with the interim dividend paid at 500%, i.e., ₹10 per equity share, it aggregates to 1700%, i.e., ₹34 per equity share for the current year (the previous year was 1500%, i.e., ₹30 per equity share).
Meanwhile, the company’s furniture business did not show any growth in both value and volume terms. The overall demand for plastic furniture is witnessing a stagnancy which is affecting the growth of the plastic furniture industry in the country, Supreme Industries said.
Supreme Industries expects better volume growth in the export market for its product portfolio given the tariff issues affecting other countries severely. The overall demand forecast for the agriculture and housing sectors is very encouraging, it said.
About The Author
Next Story