Supreme Industries Q2 FY26 Earnings Results

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 and Composite LPG Cylinders.

 

Q2 FY26 Earnings Results

Revenue from Operations: ₹2,393.87 crore, up 5.3% YoY from ₹2,272.95 crore.

Sales Volume: 1,54,431 MT, up 11.8% YoY from 1,38,077 MT.

EBITDA: ₹297.41 crore, down 6.9% YoY.

EBITDA Margin: 12.4% (down 163 bps YoY, versus 14.1% in Q2 FY25).

Profit Before Tax (PBT): ₹246.2 crore, down 12.8% YoY.

Profit After Tax (PAT): ₹165 crore, down 20.2% YoY from ₹202.39 crore.

PAT Margin: 8.1%.

Segmental Growth: Plastic piping sales volumes up 11.4% YoY; strong performance in value-added products.

Dividend: Interim dividend of ₹11/share (550%) declared, record date Nov 8, 2025.​

 

Management Commentary & Strategic Directions

• Management cited robust volume growth in core plastic piping segments as a key positive, but margin pressure from higher raw material (polymer) prices, inventory losses, and competitive intensity impacted profits.

• The company finalized the acquisition of Wavin’s plastic pipe business for ₹302 crore and signed a technology partnership with Wavin B.V. Netherlands; this will drive technological upgrading and market expansion.

• Supreme Industries forecasts 12–14% annual volume growth, underpinned by healthy demand from housing and irrigation segments and enhanced manufacturing capacity.

• Focus remains on premiumization, value-added products, and judicious cost control amid industry price volatility.

• The company continues to invest in capacity expansion, targeting 1 million tons of plastic piping capacity by March 2026, and maintains a net cash position.​

 

 

Q1 FY26 Earnings Results

Revenue: ₹2,609.13 crore, down 1.02% YoY from ₹2,657.79 crore.

Sales Volume: 1,83,793 MT, up 6% YoY.

EBITDA: ₹318.88 crore, down 5.1% YoY.

Profit Before Tax (PBT): ₹240.00 crore, down 24.9% YoY.

Profit After Tax (PAT): ₹202.3 crore, down 26% YoY from ₹273.4 crore.

Value-Added Products Revenue: ₹933 crore.

PAT Margin: 7.8%.

Capex: Investment of ₹1,350 crore planned for fiscal expansion and new product launches.​

Management highlighted that inventory losses due to declining PVC prices, early monsoon impact on agriculture segment, and low polymer procurement prices weighed on Q1 profitability, but near-term outlook remains volume positive.

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.