The Supreme Industries (SUPREMEIND) Q1 26/27 earnings summary

Executive summary

• Achieved revenue of INR 2,718 crore in Q1 FY27, up 4% year-over-year, with sales volume at 157,536 tons, despite industry-wide inventory correction and polymer price volatility.

• Standalone operating profit rose 25% to INR 398 crore, and profit after tax increased 17% to INR 208 crore compared to Q1 last year.

• Maintains a debt-free status with a cash surplus of ₹542 crore as of June 30, 2026.

• Un-audited consolidated and standalone financial results for the quarter ended June 30, 2026, were approved and reviewed by the Board and Audit Committee on July 28, 2026.

• The review reports from statutory auditors expressed unmodified conclusions, indicating no material misstatements.

Financial highlights

• Revenue from operations for Q1 FY27 was ₹2,717.66 crore, up 4.16% year-over-year.

• EBITDA margin improved to 14.65% in Q1 FY27 from 12.23% in Q1 FY26.

• PAT for Q1 FY27 stood at ₹207.76 crore, a 17.14% increase year-over-year.

• EPS for Q1 FY27 was ₹16.36, up from ₹13.96 in Q1 FY26.

• Plastic piping system business volume declined 15% and remained flat in value; packaging segment volume down 10% but value up 9%; industrial segment volume down 6% but value up 24%; consumer segment volume down 22% and value down 11%.

Outlook and guidance

• Volume growth guidance for FY27: 15%-17% for pipe division, 12%-13% overall, maintained for the full year despite Q1 challenges.

• Focus on expanding specialty and value-added products to drive future revenue growth.

• Strong cash flows are expected to support ongoing and future expansion plans.

• Expect robust demand recovery in agri segment from September as water reservoirs fill up.

• Confident of achieving YoY volume growth in the first half and full year as inventory normalizes and demand rebounds.