{"id":182042,"date":"2026-04-28T07:56:09","date_gmt":"2026-04-28T11:56:09","guid":{"rendered":"https:\/\/alphastreet.com\/india\/supreme-petrochem-ltd-splpetro-q4-2026-earnings-call-transcript\/"},"modified":"2026-04-28T11:18:19","modified_gmt":"2026-04-28T15:18:19","slug":"supreme-petrochem-ltd-splpetro-q4-2026-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/supreme-petrochem-ltd-splpetro-q4-2026-earnings-call-transcript\/","title":{"rendered":"Supreme Petrochem Ltd (SPLPETRO) Q4 2026 Earnings Call Transcript"},"content":{"rendered":"

Supreme Petrochem Ltd (NSE: SPLPETRO) Q4 2026 Earnings Call dated Apr. 28, 2026<\/span><\/strong><\/p>\n

Corporate Participants:<\/h2>\n

Rakesh Nayyar<\/strong> \u2014 Executive Director and Chief Financial Officer<\/em><\/p>\n

Analysts:<\/h2>\n

Purvangi Jain<\/strong> \u2014 Analyst<\/em><\/p>\n

Aditya Khetan<\/strong> \u2014 Analyst<\/em><\/p>\n

Rahul Agarwal<\/strong> \u2014 Analyst<\/em><\/p>\n

Manish Oswal<\/strong> \u2014 Analyst<\/em><\/p>\n

Nirav Jimudia<\/strong> \u2014 Analyst<\/em><\/p>\n

Abhijit Podwal<\/strong> \u2014 Analyst<\/em><\/p>\n

Sailesh Raja<\/strong> \u2014 Analyst<\/em><\/p>\n

Pritesh Chheda<\/strong> \u2014 Analyst<\/em><\/p>\n

Presentation:<\/h2>\n

Operator<\/strong><\/p>\n

Ladies and gentlemen, good day and welcome to the Q4FY26 earnings conference call of Supreme Petrochem Limited. As a reminder, all participant lines will be in the listen only mode. And there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call please signal an operator by pressing Star then zero on your touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Ms. Purvangi Jain from Ballaram Advisors.<\/p>\n

Thank you. And over to you ma’. Am.<\/p>\n

Purvangi Jain<\/strong> \u2014 Analyst<\/em><\/p>\n

Thank you. Good evening everyone and a very warm welcome to you all. My name is Parvangi Jain from Ballaram Advisors. We represent the investor relations of Supreme Petrochem Ltd. On behalf of the company, I would like to thank you all for participating in the company’s earnings call for the fourth quarter and financial year ended 2026. Before we begin, let me mention a quick cautionary statement. Some of the statements made in today’s earnings call may be forward looking in nature. Such forward looking statements are subject to risks and uncertainties which could cause actual results to differ from those anticipated.<\/p>\n

Such statements are based on management’s belief as well as assumptions made by and information currently available to the management. Audiences are cautioned not to place any undue reliance on these forward looking statements in making any investment decision. The purpose of today’s earnings conference call is purely to educate and bring awareness about the company’s fundamental business and financial performance for the quarter under review. Now let me introduce you to the management participating with us in today’s earnings call.<\/p>\n

We have with us Mr. Rakesh Nayyar, Executive Director and CFO Mr. Dilip Deole, Chief Executive of Finance and Account and Mr. D.N. Mishra, Company Secretary. Without any delay, I request Mr. Rakesh Nair to start with his opening remarks. Thank you. And over to you, sir.<\/p>\n

Rakesh Nayyar<\/strong> \u2014 Executive Director and Chief Financial Officer<\/em><\/p>\n

Thank you. Bhorwangi. Good evening everyone. It’s a pleasure to welcome you to the earnings conference call for the fourth quarter and the financial year 2026. We’ll give you a brief overview of the performance for the quarter ended 31 March. On a stand alone basis, the revenue from the operations for the fourth quarter stood at rupees 1587 crores reflecting a growth of 3% year on year. The fourth quarter is typically a strong quarter for the company supported by seasonally higher demand. Generally, the performance during the quarter was driven by higher volumes and better spreads.<\/p>\n

Styrene monomod prices remained stable during the quarter except when it jumps witnessed sharp jump. In the month of March the operating EBITDA stood at INR253 crores reflecting a growth of 75% year on year with operating EBITDA margins improving to 15.9%. The total EBITDA was at 264 crores including the other income. The net profit after tax stood at rupees 168 crores with a fat margin of 10.59% for the quarter. For the financial year 2026 the revenue from operations to red iron are 5,338 crores.<\/p>\n

This is reflecting a decline of 11% year on year primarily on account of lower average styrene monomer price during the year. Average styrene monomer prices were lower by around 17% compared to the previous year which resulted in lower realizations. Despite nominal volume growth, the operating EBITDA stood at rupees 515 crores with the total EBITDA being at 558 crores with a margin of 10.37% and a net profit margin at 327 crores with a margin of 6.13%. On the operational front, the sales volume of manufactured products increased to 1, 664 tonnes in quarter 42026 as against 95,556 in quarter 425 reflecting a growth of about 5.4% for the full year.<\/p>\n

Volume stood at 363,203 metric tonnes as compared to 355,967 metric tons in last year reflecting a growth of about 2%. Demand from OEM segments remained healthy during the quarter while non OEM segments witnessed some softness and capacity utilization for the year remained healthy at over 80%. The volumes here are reported are net of approximately 14,000 tons of the internal products being transferred and consumed internally for compounding and in the use for XPS installation board and hence are not included in the external sales volumes.<\/p>\n

On the raw material front, styrene monomer prices remained largely stable until February 2026 which within a range of plus minus 10%. Our prices increased sharply in March 2026 following the West Asia conflict and disruption in supply through the Strait of Hormuz stereo. Monomer prices rose from around thousand per dollar prior to the conflict to a peak of approximately 16 $50 ton and have since moderated to around USD $1,500 per ton. While the shipments from the Middle east were impacted during the month, company was able to meet the domestic demand through sufficient inventory material in transit and sourcing from alternate geographies.<\/p>\n

Adequate arrangements have been made to ensure raw material availability going forward in the coming months and the situation believes only once the normal shipping through the state of armors resumes. With regard to our Capex projects, manufacturing operations of the Mass ABS plant have restarted with modified arrangements and are currently operating at around 65% of the design capacity pending restoration of the impacted equipment. The product has been well accepted in the market and we are pleased to inform that the EPS Phase 2 expansion project at our Nagothhane complex was successfully commissioned on April 14, 2026 enhancing the APS capacity from 85,000 tonnes per annum to 115,000 tonnes per annum at Amdoshi Complex.<\/p>\n

On the balance sheet side, the company continues to remain debt free with an investable surplus of Rupees 700 crores as at the end of March 2026. All capital expenditure continues to be funded through internal accruals. The Board of Directors has recommended a final dividend of rupees eight per equity share along with interim dividend of rupees 2.5 per share declared earlier. The total dividend for the year stands at rupees 10.5 per equity share of rupees face value of rupees two each. With this I conclude my opening remarks.<\/p>\n

We are now open to the floor for question and answer session. Thank you.<\/p>\n

Questions and Answers:<\/h2>\n

Operator<\/strong><\/p>\n

Thank you very much. We will now begin with the question and answer session. Anyone who wishes to ask a question may press star and one on the touchstone telephone. If you wish to remove yourself from the question queue you may press star and 2. Participants are requested to use handsets while asking a question. Ladies and gentlemen, we will wait for a moment while the question queue assembles. A reminder to all you may press star and one to ask a question. We will take the first question from the line of Aditya Khetan with SMIFS Institutional Equities.<\/p>\n

Please go ahead.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Yeah, thank you sir for the opportunity. So just a couple of questions and congrats on a good set of numbers also. So my first question is is it possible to quantify the inventory gains in this quarter or a ballpark figure? If you can give and consequent to this. Suppose if the situation into the West Asia stabilizes, when are we expecting that to come to an end and subsequently in inventory losses, if you would take. So that would be booked in Q1 or Q2. Any sense of that? Sir,<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

It’s very difficult, very very difficult to estimate the gains or the inventory gain or inventory loss at the moment. Because even in the month of April when the. In the month of March when the prices, the raw material increased and the shipments which were to be loaded, they were stopped, so some consignments had to be arranged at very high prices. So it’s very difficult to estimate that. And going forward also, similarly, when the situation normalizes and our inventories on the high seas or inventories on the stock here, what losses will happen?<\/p>\n

Nobody knows. It’s very difficult to assume because the last month the prices were at DOL $6650. They’re done. And today they are ruling around 1500 dollars a ton. So this is something which is very dynamic and estimating this is very, very difficult, rather next to impossible at the moment.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Okay, got it. Sir, follow up onto this question. Suppose if the prices stabilize at this levels, how you see the demand from the end user industries. Are OEM still on their way to make contracts at this higher prices or they are waiting so that prices come down and then they start buying off the finished product. Any idea on that? Sir,<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

The OEMs are buying, but then we are not entering into contracts at the moment because the situation is so fluid that what the. What assumptions to be made now in the current scenario for the raw material pricing and the other expenses to be incurred to procure the raw material? The shipping costs have gone up, the freight costs are up. So it’s very difficult to assume. And so we and the OEMs, we have agreed that we will be doing contracts once the situation normalizes. Secondly, as far as the demand is concerned, the demand from the OEM sectors is good.<\/p>\n

But the non OEM sector, the demand has taken a big beating at the moment, particularly because one, the prices are high. Two, the labor is also not available. The people have gone back, the contract labors and all they have gone back to their villages at some places. And thirdly, the for some processing you need gas and gas is not available to the industry or some short supplies, so people are not available. The demand is low there.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Okay, so what would be our raw material cycle so or how much inventory we keep in the pipeline? And secondly sir, if you can quantify also how much are we procuring styrene monomer from Gulf countries vs China vs US?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I can only suffice to say that as far as domestic market is concerned we will continue to meet the demand. And we are meeting the demand. What geographies we buy, but we will buy. We’ll source the material and we will meet the domestic demand. That is our focus right now. And all our customers are being supplied the raw material. The material as and when they require it.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Got it? So coming to ABS as per our latest filing that the capacity design has been modified to make at 65% of the rated capacity earlier. So is this the new normal or like? So this 65% can go to 100% as and when. So that technical failure will be resolved<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Once the failure gets resolved. Because what that equipment which failed has been isolated and the collaborators have provided us some alternate arrangements by which of the original capacity we can operate at 65%.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Got it?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Our capacity which was 70,000 for the time being it is now reduced to say 45 to 50,000 tons.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Got it? Sir, into the presentation we have stated some. So 14,000 tons of mass ABS we have produced and we have used it for the compounding. So this 14,000 tons of abs has been manufactured in. In the month of March only. Right? So 14,000 seems a good figure. Some 20% on utilization.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

We have not said 14,000 tons of abs. What we have said is polystyrene and ABS which has been produced and transferred to our compounding called further processing and compounding purposes. So that is when we look at our total capacity or the sales. So that is the. This is something. This is our sales numbers. They don’t come because they are an interdivisional transfer. When you look at our sales volumes. So that is net of these sales volumes though they have been produced in our other units and consumed in our compounding divisions.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Got it? Such as. One last question, sir. Any target volume guidance for FY27 for base volumes as well as for EBS separate if you can give.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I have only one volume to give. And if the normalcy returns by June end second quarter onwards things are normal. Then we expect that with the ABS operational we should be able to do 8 to 10% volume growth this year.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

But that seems low, sir. Like considering ABS also is now started at 65% plus base business volume of it EPS that numbers are look slightly lower side<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Because the first quarter we don’t know where we are at the moment.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Okay, okay.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Is what I’m saying is subject to the complete normal situation being there from the second quarter onwards. Exports also the. You can send exports to Europe today only the Cape of Good Hope. The shipping times have increased, the freight rates have gone up. So it is not the normal work business conditions as well as the that part of the world is concerned.<\/p>\n

Operator<\/strong><\/p>\n

Sorry to interrupted between Aditya. I would kindly request you to rejoin the queue again for more questions. Thank you. We will take the next question from the line of Rahul Agarwal from Ikigai Asset Managers. Please go ahead.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

Hi sir. Very good evening. Thank you for the opportunity and good sector in a challenging environment. Good numbers starting with couple of questions. Firstly on pricing and then on sourcing of raw material. From pricing. Sir, for ABS and polystyrene both how are. What is the import price? Right now we’re getting quotes for like typical from an Indian industry perspective. And when we compare that to what a Supreme sells on, you know mass ABS or polystery, is that import parity pricing or does the rupee depreciated?<\/p>\n

So is it similar? Is it, is there a large difference there?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

For the commodity grades the base price is always the landed price set of imported material. Then you add your little premiums here and there and the cost involved. So for the commodity the base for the price decision is the landed price. But for the value added grades then the price differential is entirely different. There are different calculations for that. And as far as the the price or the imported material coming in, we have not heard of any PS imports coming in or booked recently. So I can’t comment what prices the PS now will come if they already booked in the month of March or April.<\/p>\n

Abs, we heard that some imports have been booked at $2,300 and $2,400 and they may arrive now in May or something. So early March. We had heard when the West Asia started that the polystyrene at sixteen fifty dollars or seventeen hundred dollars was booked. So they would arrive sometimes in May. But the Indian prices as far as the commodity grades are concerned, they’re generally in line with the landed prices plus the costs involved.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

So I should assume that polystyrene, whatever the Indian pricing is, is line with what.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

The general grade? Yes.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

Which basically means that on a quarter, on quarter basis you’re going to see polystyrene right now selling at what price or almost like 170, 180 rupees. A kid<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Around different depending upon grade to grade around thereabout.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

Got it sir. Moving ahead on the raw material side, similar question you mentioned steering pricing right now spot at $50, hundred dollars. Is it like whatever inflation we have seen on raw material? And you also mentioned you’re not booking new contracts with OEMs. There’s going to be more spot sales, I think will that should I assume it’s 100 pass through and customers are okay buying, you know at that higher price and there is no hit on margin. Is that fair?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I said earlier to the gentleman Aditya that the non OEM market demand is dented at the moment. It’s subdued because of the high prices. So it has impacted the demand as far as OEMs are concerned. Because it’s the season for them so they are buying. But then it has had the increased prices only. And it’s not that we don’t want to enter into a contract with the OEMs. The OEMs have been our old partners and we have been engaging with the OEMs from beginning. And we supply to practically all the OEMs in the country.<\/p>\n

It’s only that the situation is so fluid in terms of the raw material prices, the freight costs and other attributes which we consider that it is not fair to do a contract at this moment. And maybe once the situation normalizes then we will enter into our regular contracts with them.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

And last question. Then I’ll get back in the queue. On the raw material sourcing side when I look at the balance sheet, right. I mean it’s 600 crores of inventory. It looks pretty stable on a YY basis in terms of pace of sale. Don’t really think that companies actually stock more material anyway. The supplies were impacted in fourth quarter. Going forward you mentioned you’ll ensure that domestic demand is completely met. 100%. Could you just elaborate on this sourcing part? Where are you getting steering from?<\/p>\n

And you know incremental pricing. How should we look at it?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

The incremental pricing is. The incremental pricing will get passed on to the consumers there only. Except when the prices really start dropping. Then we may have an inventory loss. It’s all a play of market supply and demand today. And as far as the sourcing of material is concerned we source some from Asia and some from China at the moment.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

Got it. Very clear. I’ll get back in with you. Thank you.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. The next question is from the line of Manish Oswal from Nirmal Bang Securities. Please go ahead.<\/p>\n

Manish Oswal<\/strong><\/p>\n

Yes sir. Thank you for the opportunity and good set of numbers. Sir, I have only one question about the Haryana Capex thing. Can you update what is the status and how and what is the Capex plan for the F27? Sir.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

No. As far as Haryana is concerned we. Because the IOC styrene monomer plant is delayed. So as far as our polystyrene or EPS projects are concerned, so we are not committing any expense for that at the moment. We are going to spend some money but that will be more on the infrastructure and on the other related activities. Because once we have more clarity on the IOC’s SM plant commissioning date then only we will put in the big monies for the SM&P, sorry PS and EPS. Otherwise, we will be. We are planning to do some work in regard to the other units there this year<\/p>\n

Manish Oswal<\/strong><\/p>\n

And the capex for the F27. Sir,<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

The year I don’t have the separate numbers for paniper but for the year for the company as a whole we’ll be doing around 250 odd crores.<\/p>\n

Manish Oswal<\/strong><\/p>\n

All right sir, thank you very much.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. The next question is from the line of Nirav Jimudia with Anvil Wealth. Please go ahead.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Yes sir. Good afternoon and thanks for the opportunity. So, a few questions. So first is on the consumption of ABS and ps. So like ABS on a monthly basis we are close to around 25,26,000 tons. Some. Some months may be higher also. And for PS we are currently close to around 30,000 tons a month. So you mentioned that the OE demand were impacted during the quarter because of the reasons you mentioned on. If you can just help us understand what could be the demand coming from the non OE sector out of this total consumption of PS and EBS on a monthly basis.<\/p>\n

Some understanding.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I said the non OEM market was impacted.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Correct.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Particularly in the month of April, not till March.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Correct.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

In the month of April, the non OEM market is demand is impacted. And as far as the division between the OEM and non OEM is concerned, I would say for both categories you can take roughly around 50, 50 or 45% for OEM and 55 for non OEM.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Correct. So since 55% of the demand which was impacted, is it possible to give some quantum in terms of how much it would have reduced? So let’s say on a base of 100 which it was pre war, how much it would have fallen in the month of April and May<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

To estimate that? Too early to estimate that because it’s now in April only it started. Correct. So once the quarter closes, will we have better numbers then?<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Correct. Sir, you mentioned about the styrene sourcing like when we see the global map, let’s say consumption of around 30 to 33 million tons of styrene and by global consumption where China is close to around 18 and we are at around 1.5 in terms of the global consumption. So when we see the upstreams of styrene, let’s say benzene and ethylene, or let’s say slightly above that to nafta, even China is importing everything. So how they’ve been able to manage in terms of their captive consumption of styrene and also have some exportable surplus which could come to us A and B if you can share your similar thoughts on acronym because then for ABS this becomes a very critical raw material.<\/p>\n

So from where we the ACN part is currently coming from.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

As far as ethylene and benzene is concerned, China is not fully dependent for this. They have Their own internal production, some part of it, they are dependent on it. But then they are in any case, I worked till now buying the crude from Russia as well as from Iran. They were able to take their crude oil. So they have some difficulties there. But then to that extent their installed capacity was 18 million tonnes. But their own consumption was not 18 million tons of styrene monomer, it was less. And so they are able to at least what surplus they have now, by ramping up of their capacities, they are able to meet some part of the demand.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Answer for the acn if you can share your thoughts.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Sorry.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Acrylonitrile.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

ACN we have not faced any difficulty till now. We have one, we have our own sufficient stock with us and some supplies were in the pipeline. They have come for us and going forward also we are getting it right now. We are getting it from the other geographies.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Correct. So last time in our conference call you updated about onboarding some larger customers for xmold and you also mentioned that one of the bigger OEM which was like a third oem, we had a good discussion which probably could come on board with us. So if you can help us understand, like has that customer been onboarded A and B how do we see the XMOLD volumes picking up in FY27? So first if you can share your thoughts on the utilization part in FY26 and how are we seeing FY27 for Xmold,<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

The OEM customers which we said in the last, they are there on the board, we are getting some orders from them. And the third one was an automobile which again our material is going to their tier one, the supplier for the automobile company. So that has been on a regular basis, it has started. So the as far as customer induction is concerned that is going on there now, volumes are concerned. We after the all streamlining and cleaning up There. Now we expect this year we should be doing 50 to 60% more like last year we did utilization of close to only.<\/p>\n

Which is that around 50% or other 40, 45% of their overall installed capacity. And this year we should be doing close to say 70% of that capacity or 65 to 70% of that capacity.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Perfect. Sir, the last question from my side. What was the trading sales in quarter four of FY26?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Trading sales?<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Yeah. Like we reported close to around 1587 crores of turnover this quarter. How much of it was trading out of trading of<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Generally roughly it’ll be around 18% or so in this quarter.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Sorry sir, I missed your point.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Around 18%.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Okay, so 18% was a training<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

18% would be there in this quarter. So even for the full year trading has come down now this year and it will be close to the Same level of 9, 18 to 19% only.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Got it. Thank you so much and wish you all the best.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. A reminder to all the participants, you may press star and one to ask a question. We will take the next question from the line of Abhijit Podwal from Dr. Choksi [Phonetic]. Please go ahead.<\/p>\n

Abhijit Podwal<\/strong><\/p>\n

Good evening sir. Thank you for taking up my question. So most of my questions have been answered. So just one question point of sir. So sir, given that the phase one is now running on for the ABS and what is the current thinking of like on phase two expansion? Like is there any timeline or utilization milestone you are targeting before committing to it? And separately what’s your thought upon competition from ABS imports coming in from Taiwan and Korea? Like are these imports competitive on price versus domestic products?<\/p>\n

Thank you.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

The imports have been coming. Imports will continue to come because the domestic capacity is far lower than the actual demand in the country. So the imports is not a concern at the moment as far as the our own capacity utilization is concerned. As I said that we are currently after the modified arrangement at 65% of the original rated capacity. And we expect that we should be able to do close to 85, 90% or 80% of that capacity utilization this year. Now as far as the second line is concerned, we are working on that.<\/p>\n

And that is irrespective of the fact that what has happened here as far as one equipment, one piece of equipment is concerned. But then we are working on the second line.<\/p>\n

Abhijit Podwal<\/strong><\/p>\n

Okay. Okay. That’s it. From my side. Thank you so much.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. We will take the next question from the line of Sailesh Raja from B&K Securities. Please go ahead.<\/p>\n

Sailesh Raja<\/strong><\/p>\n

Yeah. Sir, I joined a call late apologies if this has already been answered, sir, with styrene monomer prices currently at elevated levels, you know, USD1500. So how are you approaching, you know, the procurement decision? Especially considering our typical inventory holding of, you know, two months. So in this environment, would we look to reduce inventory days in anticipation of your price correction or continue procuring at higher prices and relay on pass through mechanism with customers? So could you please talk about that<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

We are procuring, of course the regular suppliers are not available. Procuring itself is a task today<\/p>\n

Sailesh Raja<\/strong><\/p>\n

Okay.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

And right now balancing the material available with the demand here. And we are concentrating mainly on meeting at least the domestic demand. We, we are aware that because some loss, inventory loss might come the moment the whole situation normalizes the prices drop, that dropping will happen where they will. It will be a sharp drop. So as and when it happens, there will be some an inventory loss to us. And We are trying to find ways that the we are able to contain that. If as and when it happens, if it happens, then we are able to contain those losses. So all kinds of things we are doing in terms of even passing through the extra cost, sourcing the raw material in the matching it with our requirements or the domestic demand. So efforts are unknown towards that.<\/p>\n

Sailesh Raja<\/strong><\/p>\n

Okay, okay, okay sir. Given the current raw material supply constraint affecting some polymer players. So do you see scope for faster customer approvals for new grade in the SPC xmould division for us considering that such approval typically it will take a year’s time. So how do you see that?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

No, it’s happening, it’s happening. We have not faced any difficulty there. But OEMs will take their own time. OEMs? This is not the case with the OEMs but the non OEMs earlier also were not taking very long and we are not facing such thing at the moment.<\/p>\n

Sailesh Raja<\/strong><\/p>\n

Okay, okay. In the SP solution, could you elaborate on specific initiatives that we are taking to increase the volumes and also the potential, you know, the cross sell products through Xmold existing automotive customer base now. So by when do you think that we can reach this?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

We are not doing any cross sell in the sense we know that all Starinix mold compounding is being done by us and the we continue to do what we were doing. But then there since more on the only good thing there is that they were never an appliance compounding company. But now when Shiri City being there And Lot of OEMs are there in Shiri City, air conditioning companies are there in Shiny City. So they are also focusing on the Supplies To air conditioning guys and other OEM guys and they have been successful in onboarding two of the AC manufacturers there.<\/p>\n

Sailesh Raja<\/strong><\/p>\n

Okay. Okay, great. Sir, when we are expected to touch, you know, 50,000 volumes in SPC division. SPC and Xmould.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Maybe. Maybe it will happen this year or next year because ABS compounding is going through that now. We are started doing ABS compounding in a little bigger way than what we were doing earlier. So our compounding volume should see a jump this year. So we hope that by if not in FY27 but FY28 we should be certainly at 50,000.<\/p>\n

Sailesh Raja<\/strong><\/p>\n

Okay. Okay, great. Sir, one last question in ABS why we are targeting around 36,000 tons of volume in FY27. Could you clarify how much additional demand we expect from our internal consumption, Sir, Particularly from SPC Xmol division and also wanted to know the PDP breakeven capacity in abs.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

How much we will supply to our own internal consumption is very difficult to predict because based on what the ABS compounds. Because we are going to start now the ABS compounds And The again acceptability the new customers coming in approving the grades. Very difficult to say that. But yes, we would be increasing our focus on that. So. And in any case the these. What’s the. The X mold. X mold is not in the ABS compounding at the moment.<\/p>\n

Sailesh Raja<\/strong><\/p>\n

Okay. Okay. Okay. Okay. Okay. Yeah. Okay. Sir. Thank you sir.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. We have the next follow up question from the line of Aditya Khetan from SMIFS Institutional Equities. Please go ahead.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Thank you sir. For the follow up. Sir, my first question is on to the polystyrene. It has been for four years where we have last debottlenecked the capacity. And we are also nearing about 85% utilization, almost near peak. Any plans are to further debottleneck that capacity?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Yeah, we are actually we did not de bottleneck four years back. We set up a new line altogether. Four years back. 20, 20 or three years back we set up a new line and now we are evaluating the tea bottlenecking.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

And this will be done by sir, FY27, 28?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I just said we are evaluating. There’s no. I can’t give you a timeline for that.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Perfect, sir. Onto the spreads part. If you can update like what are the current spreads between Polish Irine and SM pre war and today and where you see these trajectory going ahead.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

You are asking something which is very difficult to answer. Even because the way things are globally. The it’s first is getting the material is a concern. It’s not that what margins are there. Getting the material itself is a concern at the moment. But then see the delta will not sharply increase. The deltas which were earlier closer to say for GP for 200 they have moved to closer to 275 also per GP.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Okay. $270 per ton for GP. Okay.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

About maybe some. Some transactions may have happened at a. Depending upon every day the prices are changing. Now the situation is very fluid. You can’t really define what delta. There is no standard thumb rule that this will be the delta now. So the prices are changing varying every day. Today the styrene is say at $1500. So the 1750 $1800 could be for the the landed cost of polystyrene GP in India closer to that. So 275 you can assume<\/p>\n

Aditya Khetan<\/strong><\/p>\n

A third question. So inventory gain benefit has been booked in this quarter or subsequent quarters also we see some benefit.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

We don’t have some inventory gain as a specific entry. As and when material comes in it gets sold. So whatever loss profit comes in it is. It gets booked in the business. So there is not nothing such that the inventory gain has to be booked or inventory losses to be booked. It is the transaction happening. Material has come in, we have sold it. Whether I made loss or gain, it is there in the balance sheet. It is there in the accounts.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Got it? Got it. So my next question is onto the ABS. So onto the phase 2 EBS. So sir, that is planned by FY28 considering sir, we are the phase 1 also we are operating at lower capacity. Any. Any ideas of phase two will come by FY28. Are we sticking onto that<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

As of now? Yes. We are still aiming that only Baki the as far as the capacity is concerned there’s enough demand in India. Not that we. Okay. We had an unfortunate incident that the one of the critical equipment had developed some snag. So. And that has become something serious because it has to be removed and then repaired and it’s a time taking process. But then our collaborators have at least found an alternate arrangement for us for which we are able to operate at 65% and which we are doing now.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Got it. Got it. So just one last question sir. So the recent government decision took to remove the import duty on evs. Are we seeing some. Some good imports of EVS are coming in and. And B because our samples are also now into the market. How are the competitive versus inputs coming in onto pricing onto the quality<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Right now As I said, very difficult to compare because whatever material is coming if booked in the month of March that March prices were ruling at $2400 for ABS. So if that comes in today with duty or no duty the landed price of that itself will be 230 rupees. Then at the current dollar of 95 rupees it will be at 230 rupees a kilogram there. So the and plus expenses is it’s the local prices are less than that. So there is no threat from the competition as far as imports are concerned. In terms of pricing is<\/p>\n

Aditya Khetan<\/strong><\/p>\n

The directional visor if you can just say like for FY27 because so new capacities of EBS and EPS have come in so some higher cost from that. And consequently, assuming if the war situation stabilizes so prices are anticipated to come down are we how you see the directional Device EBITDA for FY27 can be maintained onto that number of FY26 or it could be slightly lower any directional wise. I’m just asking.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I presume that the for the remaining if I have to the first three months I can’t predict anything. If situation normalizes then in the normal circumstances we should be doing because the volumes will be better. So we should be doing better than the last year.<\/p>\n

Aditya Khetan<\/strong><\/p>\n

Thank you sir. That’s it.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. We will take the next question from the line of Pritesh Chheda from Lucky Investments. Please go ahead.<\/p>\n

Pritesh Chheda<\/strong><\/p>\n

Just one clarification a couple of them. So on your pricing which you mentioned about $2,200 of ABS booking. So this is material to arrive in me or this is the material which arrived in March.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I said the material which was booked in March. That is what we heard. We have not bought but we market information is that material booked in March was for at $2300 even $2400. So that arrival may be now in April. Maybe get May may arrive in May. If arrived in April also it will get sold in May.<\/p>\n

Pritesh Chheda<\/strong><\/p>\n

Okay, so booked in March was 2200 dollar and then you mentioned a number of 1600 dollars that that was booked in.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

That is the standing monomer price I mentioned.<\/p>\n

Pritesh Chheda<\/strong><\/p>\n

Okay, okay. The other thing is sir, you know, considering so one of the comment you mentioned that it’s an ongoing business for you and on the inventory question that you meant you answered to. So is it fair to assume that what we see as profitability in quarter four a large part of the profitability is an ongoing profitability without any material inventory number floating flowing into that operating number.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Sorry, I couldn’t get you.<\/p>\n

Pritesh Chheda<\/strong><\/p>\n

So the observation is there is some disturbance. Wait a Second, I will just remove my hand. Yeah. So to one of the question you answered about you know, normal nature of the business being we buy inventory and we process it and it sell it during the quarter. So is it fair to assume that the. The quarter bond buy doesn’t have any major M2M on account of inventory flowing into the P L?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

No, it’s. It’s a process. See whatever material has come to me, I process. I got increased price maybe. But then I bought also higher price material. Also I have supplied even when the market was high. I have met my some contractual commitments which were at. In the month of March when prices were skyrocketing. We even met our contractual commitments which were at the old prices. So it’s a part of business. There is. I can’t segregate into the pockets that what consignment came and what price it got sold or something.<\/p>\n

Pritesh Chheda<\/strong><\/p>\n

Okay. The other question is, is it fair to assume and based on your experience, you know, when you have these supply raw material supply crunch typically in the system whereby you have a higher material price flowing in. So materially the profitability of the business is higher usually versus a scenario which was last year, let’s say, where you had a continuously falling styrene price for the first nine months. So you know, a higher styrene price automatically brings in a slightly better profitability.<\/p>\n

Is that assumption correct?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

There are two ways to look at it. The higher price of styrene, if it leads into a better spread as far as polystyrene is concerned, yes, then it is beneficial. But then it generally doesn’t happen because higher styrene monomer prices kills the demand. Particularly the sectors which can wait or particularly the people will start going and looking into their pockets and saying whatever is the old material, let me consume that the warehouses, the supply chain will rather get emptied there so the material doesn’t get sold there.<\/p>\n

And you are actually you land up holding the stock which is high priced stock. And if the prices go down, it finally leads into an inventory loss also. So too much of high price does not guarantee that there will be better profitability. It kills the demand also.<\/p>\n

Pritesh Chheda<\/strong><\/p>\n

But in a scenario like this, based on your experience where shortage of material is throughout the globe, is it in a favorable scenario for generally for. So let’s say there were imports happening into the country. I’m assuming supply chain globally are seeing the pet game related supply shocks. So it’s a slightly favorable situation in terms of profitability. Is that correct? Or even that assumption is challenged.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

There is no import Duty on the imported raw materials or import imported polymers also be polystyrene or ABS or sm. There’s a zero duty. SM already was on zero duty from all the FDA countries. But then there was a duty on PS and abs. So rather the to that extent they they are. Their import cost goes down now. And as far as the global shortage is concerned. But then again as I said that the non OEM sector the market has already shrunk April itself. We are seeing now that the market is shrinking as non OEM sector is concerned.<\/p>\n

Okay. So the which went up in the month of March. The the prices are coming down of all polymers. Substantial decrease in prices. That happened because people want to push their material and whereas there is no demand coming in.<\/p>\n

Pritesh Chheda<\/strong><\/p>\n

Okay. Okay. Thank you very much sir. I’ll get back if there are more questions.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. We will take the next question from the line of Rahul Agarwal from Ikigai Asset Managers. Please go ahead.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

Hi. Thank you for the follow up. Rakeshi, one question is. You know for the mass ABA segment assuming whenever we ramp up to 70,000 tonnes for the phase one and you said the market is about 50, 50 on OEM non OEM, what would be a preferred mix for us? Like you know what would we want to do eventually with the capacity<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

We would like to be present in all segments. Like in polystyrene. We are in all the segments. We are with all the OEMs. We are there for all the non OEM guys also. So we would like to be there. It’s not that I will be only looking at it. It’s only that in the OEM segment the process to get your grades approved and acceptance process is. So till that happens we would be in the non OEM segment. The moment that happens we will be NOEM sector also.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

Right. So it largely should reflect the industry mix. Right. It should be like 5050 overall whenever we reach to 100 like 40,000<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Eventually going forward once we the grades are totally established in the market, we are fully operating and then that’s really scenario we will have growth.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

Got Sir. And sir, second question was on the operating cash flow. Look at the cash flow statement. I see you know a bit of higher working capital investment largely driven by higher debtor by 20 crores as of 31st March. What has changed over here? How should I read the operating cash flow generation<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Prices, our selling prices, our purchase price, everything went up in the month of square March. So the selling prices being higher, the debtors numbers will go up. Plus ABS has come in so their volume numbers will go up. Inventory is concerned. Not only the polystyrene inventory is there, but ABS inventory has also come in. So all that adds to that.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

All right, got it. So basically going forward, sustainable basis, 30, 35 days of receivable cycle. Is that fair to assume on a console?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I know that our networking capital has gone up there because of the increased prices, increased material which has come in. ABS material has come in. So. But then once these things become normal now they will go back to where we were earlier.<\/p>\n

Rahul Agarwal<\/strong><\/p>\n

Got it, Got it. Thank you so much sir and wish you best of luck for fiscal 27. Thank you so much.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. We will take the next question from the line of Nirav Jimudia from Anvil Wealth. Please go ahead.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Yes sir. Thanks for the opportunity. Again the two questions. So first is on the specialized grades of ps. I guess they were also imported into India and like because of all this crisis which we are seeing, possibly that space specialized grades would be restricted in terms of coming to India. So A have we seen the premiums for those specialized grades expanded in line with you mentioned for GP&B how our volumes have moved for the specialized grades in the month of April for that particular applications.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

I don’t know which grades you are talking about Neera, because like<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

We produce some specialized grids. So in one of the earlier calls you mentioned that those grades command premium over the normal grids.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

You are talking about some imports happening.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Yeah, yeah. So like there are some specific grades which are for higher end refrigerators or washing machines machines. So<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

They are the ones that is the. Even the. If they have been imported, they certainly would be at much higher price than the normal commodity grades. There must be a difference of almost $200 plus there looking at import data, the grades which have become for the specializing polystyrene grades which have been imported, they would be at a price of at least additional price of $200 would be there over the normal grades on quoted by others.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

So I just wanted to understand like do we have presence in terms of volumes for those specialized grades?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

We are there. We are in all kinds of refrigerators and AC grades. Practically user maker of refrigerator uses our polystyrene.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

So to that extent that benefit would also accrue to us whenever those<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

We talk about the value added grids every time.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Correct, Correct. But. But I just wanted to understand in terms of the expansion of the premium part which you rightly addressed. The second question is on the EPS part, like if we see the demand For India was close to around one like 50,000 tons. So is it also very price sensitive in terms of from the consumer point of view? And also if you can share your thoughts in terms of how are we seeing the growth in EPS since we have expanded the capacity in FY27?<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

The EPS is price sensitive. Every product is. But then at the lower end. Yes, but then for the packing segment, for the construction segment and cold storages, the demand has been great. It has increased last year. They are the segments from where the demand growth came in. As far as the capacity increase, what we are seeing, we have to target more of the construction side of it,<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Okay.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Including the cold storages also and 3D panels. So we expect going forward the demand would increase in these segments and we will be able to support plus export market.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Okay.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Because our grades have been approved in the Europe and during the peak months we were finding that we are not able to meet the demand there. We can’t supply because we have to supply to the local market. So this additional capacity will help us in starting our exports of EPA’s.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

So safe to assume that at least in line with the volume growth guidance which you mentioned, similar volume growth could be possible in EPS also like on a. On a consolidated basis for the company as a whole.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

We have said that we will along with the market growth. So this year we will also grow this year. But then all the volumes put together depending upon the global situation, the war situation. If everything becomes normal by June end and July sees the normal behavior the global market, we should be doing 8 to 10% volume growth this year.<\/p>\n

Nirav Jimudia<\/strong><\/p>\n

Perfect, sir, perfect. Thank you so much.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. A reminder to all the participants, you may press star and one to ask a question. Ladies and gentlemen, as there are no further questions from the participants, we now conclude the question and answer session. I now hand the conference back to the management for closing comments. Over to you, sir.<\/p>\n

Rakesh Nayyar<\/strong><\/p>\n

Thank you all for participating in this earnings con call. If you have any further questions or would like to know more about the company, please reach out to our IR managers at Valorum Advisors. Thank you so much. Thank you.<\/p>\n

Operator<\/strong><\/p>\n

Thank you members of the management, on behalf of Supreme Petrochem Ltd. That concludes this conference. Thank you all for joining us today. And you may now disconnect your lines.<\/p>\n","protected":false},"excerpt":{"rendered":"

Supreme Petrochem Ltd (NSE: SPLPETRO) Q4 2026 Earnings Call dated Apr. 28, 2026 Corporate Participants: Rakesh Nayyar \u2014 Executive Director and Chief Financial Officer Analysts: Purvangi Jain \u2014 Analyst Aditya Khetan \u2014 Analyst Rahul Agarwal \u2014 Analyst Manish Oswal \u2014 Analyst Nirav Jimudia \u2014 Analyst Abhijit Podwal \u2014 Analyst Sailesh Raja \u2014 Analyst Pritesh Chheda […]<\/p>\n","protected":false},"author":2377,"featured_media":147581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6349],"tags":[10169,9175,9104,9092,14492,10089],"class_list":["post-182042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transcripts","tag-earnings","tag-earnings-call","tag-earnings-conference","tag-earnings-transcripts","tag-financial-results","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":173570,"url":"https:\/\/alphastreet.com\/india\/supreme-petrochem-ltd-splpetro-q4-2025-earnings-call-transcript\/","url_meta":{"origin":182042,"position":0},"title":"Supreme Petrochem Ltd (SPLPETRO) Q4 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Supreme Petrochem Ltd (NSE: SPLPETRO) Q4 2025 Earnings Call dated Apr. 25, 2025 Corporate Participants: Nupur Jainkunia \u2014 Investor Relations Rakesh Nayyar \u2014 Executive Director and Chief Financial Officer Analysts: Sailesh Raja \u2014 Analyst Aditya Khetan \u2014 Analyst Manish Ostwal \u2014 Analyst Unidentified Participant Dhruv Muchhal \u2014 Analyst Pritesh Chheda\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":181549,"url":"https:\/\/alphastreet.com\/india\/jeena-sikho-lifecare-ltd-jsll-q3-2026-earnings-call-transcript\/","url_meta":{"origin":182042,"position":1},"title":"Jeena Sikho Lifecare Ltd (JSLL) Q3 2026 Earnings Call Transcript","author":"News desk","date":"April 8, 2026","format":false,"excerpt":"Jeena Sikho Lifecare Ltd (NSE: JSLL) Q3 2026 Earnings Call dated Feb. 09, 2026 Corporate Participants: Manish Groverji \u2014 Managing Director Nanak Chand \u2014 Chief Financial Officer Analysts: Ranvir Singh \u2014 Analyst Priyanshu Jain \u2014 Analyst Akshay Kaila \u2014 Analyst Abhishek Sengupta \u2014 Analyst Akhilesh Rawat \u2014 Analyst Unidentified Participant\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142292,"url":"https:\/\/alphastreet.com\/india\/kpr-mill-ltd-kprmill-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":182042,"position":2},"title":"KPR MILL LTD (KPRMILL) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"February 21, 2023","format":false,"excerpt":"KPR MILL LTD (NSE:KPRMILL) Q3 FY23 Earnings Concall dated Feb. 7, 2023. Corporate Participants: P L Murugappan\u00a0--\u00a0Chief Financial Officer Analysts: Abhishek Nigam\u00a0--\u00a0B&K SECURITIES -- Analyst Kapil Jagasia\u00a0--\u00a0Nuvama -- Analyst Muthu Kumar\u00a0--\u00a0Fidelity Ventures -- Analyst Unidentified Participant\u00a0--\u00a0-- Analyst Presentation: Operator Ladies and gentlemen, good day and welcome to the KPR Mill\u2026","rel":"","context":"In "Consumer"","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":144564,"url":"https:\/\/alphastreet.com\/india\/supreme-petrochem-ltd-splpetro-q4-fy23-earnings-concall-transcript\/","url_meta":{"origin":182042,"position":3},"title":"Supreme Petrochem Ltd (SPLPETRO) Q4 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"April 28, 2023","format":false,"excerpt":"Supreme Petrochem Ltd (NSE:SPLPETRO) Q4 FY23 Earnings Concall dated Apr. 27, 2023. Corporate Participants: Anuj Sonpal\u00a0--\u00a0Chief Executive Officer Rakesh Nayyar\u00a0--\u00a0Executive Director & Chief Financial Officer Analysts: Aditya Khetan\u00a0--\u00a0SMIFs Institutional -- Analyst Shailesh Kejariwal\u00a0--\u00a0B&K Securities -- Analyst Unidentified Participant\u00a0--\u00a0-- Analyst Abhishek Getam\u00a0--\u00a0Alpha Invesco Research -- Analyst Ravi Mehta\u00a0--\u00a0Deep Financial Consultants --\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":109778,"url":"https:\/\/alphastreet.com\/india\/infosys-limited-infy-q4-2021-earnings-call\/","url_meta":{"origin":182042,"position":4},"title":"Infosys Limited (INFY) Q4 2021 Earnings Call","author":"Sahil Anand","date":"April 21, 2021","format":false,"excerpt":"Infosys Limited (NYSE: INFY) Q4 2021 earnings call dated\u00a0Apr. 14, 2021 Corporate Participants: Sandeep Mahindroo\u00a0\u2014\u00a0Vice President, Financial Controller & Head \u2013 Investor Relations Salil Parekh\u00a0\u2014\u00a0Chief Executive Officer and Managing Director Pravin Rao\u00a0\u2014\u00a0Chief Operating Officer and Whole-time Director Nilanjan Roy\u00a0\u2014\u00a0Chief Financial Officer Analysts: Ankur Rudra\u00a0\u2014\u00a0JPMorgan \u2014 Analyst Diviya Nagarajan\u00a0\u2014\u00a0UBS \u2014 Analyst\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/04\/Infosys-Limited-Q4-2021-Earnings-Call.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171835,"url":"https:\/\/alphastreet.com\/india\/supreme-petrochem-q2-fy26-earnings-results\/","url_meta":{"origin":182042,"position":5},"title":"Supreme Petrochem Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 27, 2025","format":false,"excerpt":"Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics and other Polymers. Presenting below are its Q2 FY26 earnings results. \u00a0 Q2 FY26 Earnings Results Revenue from Operations: \u20b91,100 crore, down 26.9% YoY from \u20b91,504 crore in Q2 FY25. EBITDA: \u20b977.6\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Supreme Petrochem Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Supreme-Petrochem-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Supreme-Petrochem-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Supreme-Petrochem-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Supreme-Petrochem-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Supreme-Petrochem-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Supreme-Petrochem-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/182042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2377"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=182042"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/182042\/revisions"}],"predecessor-version":[{"id":182061,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/182042\/revisions\/182061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/147581"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=182042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=182042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=182042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}