Supreme Industries Q4FY26 Consolidated Results

• The company reported consolidated net revenues of Rs 3,528 crore, up 16.5% YoY but 10.2% below expectations. Overall volume grew 16% YoY to 231,889 MT. Revenue from plastic piping, packaging, industrial, consumer, and composites grew 23%, 7.2%, 3.5%, -9.3%, and -31% YoY, respectively.
• OPM came in below our estimate at 17.7% (up 391 bps YoY but 45 bps below expectations). Consolidated PAT rose 47.5% YoY, slightly missing our estimates.
• Value-added products turnover increased to Rs 4,677 crore from Rs 4,060 crore last year, reflecting 15% growth.
• The company proposes capex exceeding Rs 1,000 crore in FY27, expected to boost annual installed capacity by ~1.10 lakh MT to 1.35 million MT. This will be funded through internal accruals. 

Results (Consolidated)                                                                     Rs cr.

Actual vs. Estimates                                     Rs cr.