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Net Profit after Tax remained at INR 911 Crores in 2025-26 as against INR 894 crores in 2024-25
The Print Times
Supreme has had a pre-eminent history spanning nearly 80 years in the plastics industry. Industrial excellence today extends beyond scale and efficiency, encompassing sustainability, and long-term impact. At Supreme Industries, the vision of progress is closely with environmental stewardship, where innovation is pursued with towards nature. This belief continues to shape every decision, driving a journey where innovation, sustainability, and long-term value creation move forward together.
The year FY 2025-26 represents an important step in this direction, as Supreme Industries continues to strengthen its commitment to building solutions that are efficient, future-ready, and aligned with the needs of an increasingly environmentally conscious world. Built on a of trust, quality, and foresight, Supreme that growth and sustainability are not opposing but powerful allies when guided by At the heart of every milestone lies a philosophy of responsible innovation, where every product system, and contributes to a more resilient and sustainable future, anchored in strong ESG principles and by a culture of transparency, governance, and accountability.
The Company achieved Net Revenues for the year 2025-26 of INR 11,320 Crores (including INR 96 crores by way of trading in other related products) as against INR 10,559 crores (including INR 73 crores by way of trading in other related products) during the previous year. The Company has sold 7.54 lakh tons of Plastic products as against 6.75 lakh tons of Plastic products in the same period of previous year, reflecting a growth of about 12% in product turnover by volume. The Profits before interest, Depreciation and Taxes during the year under review were at INR 1,657 crores as against INR 1,546 crores in the previous year. Net Profit after Tax remained at INR 911 Crores in 2025-26 as against INR 894 crores in 2024-25.
Innovation continues to drive Supreme Industries' growth. In FY 2025-26, the Company has scaled up production across key categories such as OPVC, HDPE and DWC pipes, water tanks, and multiple new SWs, ensuring that the product portfolio remains both future-ready and with evolving market demands. In the Bath Fittings segment, the Company's entry into high-quality engineered plastic products, along with its partnership with LIXIL, Japan, for the SATO sanitaryware range, further reinforces its commitment to delivering affordable and sustainable sanitation solutions. At the same time, the Cross Laminated Film (XF) business continues to expand its global foot print with new product introductions tailored for international markets.
During the year under review, the Company's state of art facility at Kanpur Dehat (IJ_P) to manufacture PVC profile windows & doors has operational with effect from 01.03.2026_ The Company is now operating from 35 manufacturing sites across 13 States including Union Territories. Pan India geographical spread of manufacturing facilities provides excellent support in servicing the customers efficiently and economically The Company has successfully completed the acquisition of Wavin Business along with three manufacturing sites and the same are now fully integrated with Supreme's culture of discipline and excellence.
Beginning April this year, the war situation between America- Iran started heading towards ceasefire. The Polymer prices which have gone extremely high in the month of March started downward trend. This has resulted in huge destocking by entire distributor chain dealing in plastics products throughout the Country. This has led to degrowth in volumes in Company’s business in the first quarter.
India continues to remain one of the fastest growing major economies globally, with growth expected in the range of 6.5% to 7% despite geopolitical uncertainties. While the year under review has witnessed multiple external challenges, including volatility in crude and polymer prices as well as geopolitical disruptions, we believe the adverse impact has largely been front-loaded. With strong policy support, infrastructure investments, and expanding export opportunities, the growth outlook remains positive. Government initiatives such as infrastructure development, expansion of water supply systems, and growth of piped natural gas networks are expected to drive sustained demand for our key product segments.
During the year 2025-26, Plastics Piping Systems business continued strong growth driven by expanded product portfolio and innovation. The Company launched the PERT Pipe System which can withstand high temperature & pressure. The Company also developed metal fittings suitable for such application. The Company successfully launched Electrofusion Olefins fittings and compression moulded fittings with a portfolio of 673 nos. With Electrofusion Olefin fittings, the Company has entered the industrial piping system segment, thereby creating additional business opportunities. The Company has become a licensee of a reputed European manufacturer, M/s Poloplast GmbH & Co KG, Austria, and commenced production of PP silent Pipe System. The acquisition and integration of the Wavin business has further strengthened capabilities and expanded the technological edge of the Company. Installed Capacities of Plastic Piping system has reached to one million MT per annum as on 31st March 2026 as against 8,70,000 MT per annum at the beginning of the year.
The Business of Cross Laminated Film & Products was affected by look alike products available in the market. The Company believes this as temporary phenomenon. Similar situation happened in earlier years. The quality of Company’s Cross Laminate products are far superior. Thus the growth in domestic market will return back quickly in this division. The division was successful to get new customers added in USA & Latin America. Trials for Cross Plastics have been conducted at customer sites with encouraging outcome.
The Company remained focused on development of its Furniture Business. The company’s furniture division is recognized for its strong brand value and holds the reputation of being a premium brand within the plastic furniture industry. The company’s high brand recall among consumers underpins the company’s commitment to maintain focus on this business vertical. The company continues to prioritize the expansion of its institutional business, particularly targeting the education sector. The company continues to emphasize improving product visibility and enhancing the customer shopping experience. The Company has taken initiative to develop range of products for international market.
Industrial Component division had a challenging year, particularly in appliance sector where demand was slack due to extended monsoon coupled with regulatory issues like BIS and Energy Ratings. The focus of the division to spread across the sectors and widen customer base for Business growth has started yielding results and the division has started acquiring business in sectors like Telecom, Paint Mixing Machines. Testing Machines, EV Batteries, Floating solar panels and Drones. The division has planned need-based capacity augmentation to service projected increased demand going forward.
The Material Handling division performed reasonably well. Constant focus on customer reach, customised offerings and meeting the quality standards have helped the division in retaining and acquiring new customers. Division continues to introduce new models in Crates, Pallets and dustbins and offers customised Roto moulded pallets for specialized storage requirements of FMCG and Pharma customers. The Company has commenced the production and initiated the business of PP bubble guard sheets, recognizing their versatility across a wide range of industries for material handling applications. The company is optimistic about sustaining strong performance in this division.
The Composite Cylinder Division added M/S. Bharat Petroleum Corporation limited (BPCL) as its customer for LPG cylinders and supplied over 2 lakhs cylinders during the year. The Company continues to expand its customer base in Middle East and Russia. The Company has started supplying cascades for CNG gas. The outlook for current financial year is exciting with wide offerings in composite cylinder division.
Performance Films Division delivered resilient performance this year by focusing on Export market. The division achieved stable growth. Division anticipates continued momentum backed by order pipeline buildup and ongoing capacity expansion.
The Protective Packaging Products (PPD) Division delivered a good performance during FY 2025 26 underlying better demand and volumes remained resilient. The focus of the division continues to develop customized solutions keeping end customer requirements in mind. The division is also expanding its fabrication facilities in terms of capacities and geographical spread to cater to the increasing opportunities for ready-to-use solutions. New product/application development, adopting new technologies in manufacturing and focusing on Export business will support the growth vision of the division.
Company has launched its new vertical of uPVC Windows & Doors with positive market response. The project incorporates a state-of-the-art extrusion technology from Austria and fabrication technology from Italy initially to make customised windows to begin with. The Company will be the first company to launch digital printing for it’s windows in India, which will help the users to customise their windows in the manner they would like. The Company aims to be one of the key market players in this new vertical.
The turnover of value-added products has grown to INR 4677 Crores in 2025-26 as against INR 4060 crores in the previous year. The Company exported goods worth US$ 26.30 million in 2025-26 as against US$ 26.70 million during the previous year. Our Country has entered into FTA with several countries. Negotiations are going on with several countries to enter into FTAs. Encouraged by this initiative, our Company has taken steps to boost its export business from around 26 million $ per year to grow several times in next 5-6 years and beyond. Company will be investing monies to make products suitable for international market along with existing range.
The above speech is given by Mr. M P Taparia, Chairman & Managing Director of Supreme Industries for FY 25-26
