Supreme Industries Q1 Results: Supreme Industries announced its April-June quarter results for fiscal 2026-27 (Q1FY27) on Tuesday, July 28, reporting a surge of 39% in consolidated net profit to Rs 281 crore, compared to Rs 202 crore in the corresponding period last year. The Mumbai-based plastics pipe manufacturer's revenue from operations in the first quarter of current fiscal rose 4.2% to Rs 2,718 crore, compared to Rs 2,609 crore in the year-ago period. Following the strong earnings scorecard, the company's stock jumped 3% on the NSE against a marginal drop of 0.6% in the Nifty 50 benchmark.
On Tuesday, shares of Supreme Industries opened at Rs 3,320 against a previous close of Rs 3,338.20 and gained 35 to hit an intrday high of Rs 3,492.80 apiece on the NSE. The stock last traded 1.434 higher at Rs 3,385.80 apiece on the NSE. This compares to a 0.02% rise in the Nifty 50 benchmark. Shares of Supreme Industries are down 3% on a year-to-date basis and 20% in the last one year. The company commands a market cap of Rs 43,252.65 crore, as per exchange data.
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Supreme Industries Share Price Intraday
Supreme Industries Q1 Results
Supreme Industries delivered a strong bottom-line growth, with earnings before interest, taxes, depreciation, and amortization (EBITDA) rising 25% to Rs 399 crore, up from Rs 319 crore in the corresponding quarter last year. EBITDA margin rose by 250 basis points, climbing to 14.7% compared to 12.2% in the same period last year, reflecting improved operational efficiencies and cost management. The surge in absolute operating profit was accompanied by a healthy expansion in profitability.
While overall profitability saw a sharp uptick, revenue performance across key business segments was mixed. The industrial products segment registered a 24% year-on-year growth to clock revenues of Rs 373 crore. The packaging division also posted steady gains, with revenue growing 9% year-on-year to Rs 438 crore. The plastics piping segment, the firm's largest revenue contributor saw a flat top-line growth, with revenue remaining unchanged year-on-year at Rs 1,791 crore.
According to brokerage Nuvama Institutional Equities, Supreme Industries Ltd. reported a weak set of earnings results during the June quarter of FY27. Nuvama analysts highlighted that the company's piping and overall volumes fell by 15% and 14% year-on-year respectively. Going forward, the brokerage expects a sharp cut in volume estimates for Supreme Industries.
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