Loading... Today
-- 0
-- 0
The Print Times
The Supreme Industries Limited, India’s leading Plastics product manufacturing company, announced its unaudited Standalone & Consolidated financial results for the Quarter ended 30th June, 2026
The overall turnover of value added products increased to Rs. 1142 crores during the current quarter as compared to Rs. 933 crores in the corresponding quarter of previous year achieving growth of 22%.
Supreme Industries Limited is India’s leading plastics product manufacturer, offering a wide and comprehensive range of plastic products in India. The company operates in various product categories viz. Plastic Piping System, Cross Laminated Films & Products, Protective Packaging Products, Industrial Moulded Components, Moulded Furniture, Storage & Material Handling Products, Performance Packaging Films, Composite LPG Cylinders and Window & Doors.
Commenting on the business environment, Mr. M. P. Taparia, Chairman & Managing Director, said: “The first quarter of FY27 was impacted by extraordinary volatility in polymer prices, particularly the abnormal downward price movement witnessed during April, which triggered inventory correction across the value chain. While this affected industry volumes during the quarter, we believe this is a temporary phenomenon. With polymer prices returning to more stable levels, removal of customs duty exemption w.e.f. 16th July and effecting Minimum Import Prices (MIP) for suspension Grade PVC Resin, Company expects improved business momentum in the coming quarters as channel inventories normalize and demand conditions recover. With our diversified product portfolio, strong brand equity, wide distribution network and continued focus on operational efficiency, our Company remains well placed to participate in India’s medium and long-term growth opportunities.
India remains one of the fastest-growing major economies, supported by infrastructure development, urbanization, water management projects and expansion of gas distribution networks. The Company believes these structural growth drivers will continue to support demand for its products over the medium and long term.”
India's expanding network of FTAs covering UAE, Australia, EFTA nations, the UK, the EU and other strategic markets provide a significant opportunity for Supreme Industries to enhance its export footprint. The Company is investing in product development, certifications and market access initiatives to leverage these trade agreements and scale exports meaningfully over the next few years.
The Plastic Piping Systems business continues to strengthen its leadership position through product innovation and capacity expansion. Total installed capacity in this division has reached to one million MT per annum and Company has introduced several advanced products including PERT Pipe Systems, Electrofusion Olefin Fittings, Industrial Valves and PP Silent Pipe Systems. The successful integration of the Wavin business further enhances the Company's technology and product capabilities.
The Material Handling business continued to perform steadily, supported by customized product offerings and deeper customer engagement. The Company has also commenced production of PP Bubble Guard Sheets, creating additional opportunities across industrial packaging and material handling applications.
The Composite Cylinder business expanded its customer base with the addition of Bharat Petroleum Corporation Limited (BPCL) in previous year and successfully participated in the recently concluded bid of Hindustan Petroleum Corporation Limited (HPCL). Now all three Oil marketing Companies have started procuring Composite LPG cylinders for domestic requirement which paves the way for better capacity utilisation. The division has also commenced supplying cascades for CNG applications and continues to expand its presence in international markets.
Supreme Industries has launched its new uPVC Windows & Doors business vertical, receiving encouraging market response. The project incorporates advanced European technology and is expected to support long-term growth in the building products segment.
Company’s packaging segment consisting of Cross Laminated film & products thereof, Protective Packaging Products and Performance Packaging Film is faring well and is on the path of moderate growth. Its consumer product segment continues to drive brand value creation with sustainable margins and Return on Capital Employed.
Supreme Industries continues to invest in capacity expansion across key businesses and is progressing with plans to establish manufacturing facilities at new locations including Bihar, Jammu and Malanpur (near Gwalior). The Company is also in the process of acquiring additional Land at Puducherry and Erode and will create additional manufacturing set up. Supreme maintains robust financial position enabling the Company to fund its growth plans, capital expenditure and working capital requirements through internal accruals.
