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SUPREMEIND - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.9

Stock Code SUPREMEIND Market Cap 50,490 Cr. Current Price 3,976 ₹ High / Low 4,740 ₹
Stock P/E 63.8 Book Value 398 ₹ Dividend Yield 0.86 % ROCE 23.7 %
ROE 18.1 % Face Value 2.00 ₹ DMA 50 3,801 ₹ DMA 200 3,883 ₹
Chg in FII Hold -1.43 % Chg in DII Hold 1.16 % PAT Qtr 158 Cr. PAT Prev Qtr 193 Cr.
RSI 58.3 MACD 58.9 Volume 2,94,977 Avg Vol 1Wk 2,61,585
Low price 3,020 ₹ High price 4,740 ₹ PEG Ratio 29.4 Debt to equity 0.06
52w Index 55.6 % Qtr Profit Var -11.8 % EPS 62.2 ₹ Industry PE 21.2

📊 Financial Overview

  • Revenue & Profit Growth: Quarterly PAT declined from ₹193 Cr. to ₹158 Cr. (-11.8%), showing short-term earnings pressure.
  • Margins: ROE at 18.1% and ROCE at 23.7% reflect strong profitability and efficient capital use.
  • Debt: Debt-to-equity ratio of 0.06 indicates negligible leverage, ensuring financial stability.
  • Cash Flow: Healthy due to diversified plastic products portfolio and strong domestic demand.

💹 Valuation Indicators

  • P/E Ratio: 63.8 vs Industry PE of 21.2 → significantly overvalued compared to peers.
  • P/B Ratio: Current Price ₹3,976 vs Book Value ₹398 → ~9.99x, reflecting heavy premium valuation.
  • PEG Ratio: 29.4 → indicates severe overvaluation relative to growth prospects.
  • Intrinsic Value: Estimated fair value near ₹3,400–3,600, suggesting current price is overvalued.

🏭 Business Model & Competitive Advantage

  • India’s leading plastic products manufacturer with diversified offerings in packaging, furniture, and industrial products.
  • Strong brand presence and wide distribution network.
  • Competitive advantage lies in scale, product diversification, and innovation in polymer solutions.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive between ₹3,400–3,600, closer to intrinsic value.
  • Long-Term Holding: Suitable for investors seeking exposure to consumer and industrial plastics; hold for 5+ years with caution due to valuation risks.

✅ Positive

  • Strong ROCE (23.7%) and ROE (18.1%) highlight profitability.
  • Low debt-to-equity ratio (0.06) ensures financial stability.
  • DII holdings increased (+1.16%), showing domestic institutional confidence.

⚠️ Limitation

  • Quarterly PAT decline (-11.8%) indicates earnings pressure.
  • Extremely high P/E ratio (63.8) compared to industry average.
  • PEG ratio (29.4) signals severe overvaluation relative to growth.

📉 Company Negative News

  • FII holdings decreased (-1.43%), showing reduced foreign investor interest.
  • Profit decline due to margin pressures and rising input costs.

📈 Company Positive News

  • DII holdings increased, reflecting domestic confidence.
  • Strong brand presence and diversified product portfolio.
  • Low debt levels provide resilience against market volatility.

🏭 Industry

  • Plastics and polymer industry is cyclical, driven by raw material costs and consumer demand.
  • Industry PE at 21.2 shows moderate valuation compared to Supreme Industries’ premium.
  • Growing demand in packaging, infrastructure, and consumer goods supports long-term growth.

🔎 Conclusion

Supreme Industries demonstrates strong fundamentals with excellent ROCE, ROE, and negligible debt. However, current valuations are stretched with extremely high P/E and PEG ratios, and earnings have shown short-term pressure. Entry around ₹3,400–3,600 offers better risk-reward. Long-term investors can hold for 5+ years, benefiting from diversified product demand and industry growth, but caution is advised due to premium valuation.

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