Reported Earnings • Jun 20
Full year 2026 earnings released: EPS: ₹17.51 (vs ₹20.77 in FY 2025) Full year 2026 results: EPS: ₹17.51 (down from ₹20.77 in FY 2025). Revenue: ₹54.0b (down 10% from FY 2025). Net income: ₹3.29b (down 16% from FY 2025). Profit margin: 6.1% (down from 6.5% in FY 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Price Target Changed • May 03
Price target increased by 7.7% to ₹792 Up from ₹735, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹757. Stock is up 17% over the past year. The company is forecast to post earnings per share of ₹19.00 for next year compared to ₹14.24 last year. Announcement • Apr 27
Supreme Petrochem Limited, Annual General Meeting, Jul 14, 2026 Supreme Petrochem Limited, Annual General Meeting, Jul 14, 2026, at 16:00 Indian Standard Time. Declared Dividend • Apr 26
Dividend of ₹8.00 announced Shareholders will receive a dividend of ₹8.00. Ex-date: 14th July 2026 Payment date: 13th August 2026 Dividend yield will be 1.3%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 91% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 14
Supreme Petrochem Limited to Report Q4, 2026 Results on Apr 24, 2026 Supreme Petrochem Limited announced that they will report Q4, 2026 results on Apr 24, 2026 New Risk • Mar 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹755, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 27x in the Chemicals industry in India. Total returns to shareholders of 113% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹581, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the Chemicals industry in India. Total returns to shareholders of 59% over the past three years. Reported Earnings • Jan 22
Third quarter 2026 earnings released: EPS: ₹1.63 (vs ₹3.79 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.63 (down from ₹3.79 in 3Q 2025). Revenue: ₹12.9b (down 8.2% from 3Q 2025). Net income: ₹305.7m (down 57% from 3Q 2025). Profit margin: 2.4% (down from 5.1% in 3Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Jan 09
Supreme Petrochem Limited to Report Q3, 2026 Results on Jan 20, 2026 Supreme Petrochem Limited announced that they will report Q3, 2026 results on Jan 20, 2026 Price Target Changed • Oct 30
Price target decreased by 8.0% to ₹717 Down from ₹780, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹753. Stock is down 0.09% over the past year. The company is forecast to post earnings per share of ₹15.50 for next year compared to ₹20.77 last year. Reported Earnings • Oct 26
Second quarter 2026 earnings released: EPS: ₹2.57 (vs ₹4.80 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.57 (down from ₹4.80 in 2Q 2025). Revenue: ₹11.2b (down 26% from 2Q 2025). Net income: ₹482.9m (down 47% from 2Q 2025). Profit margin: 4.3% (down from 6.0% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Announcement • Oct 16
Supreme Petrochem Limited to Report Q2, 2026 Results on Oct 24, 2025 Supreme Petrochem Limited announced that they will report Q2, 2026 results on Oct 24, 2025 Buy Or Sell Opportunity • Jul 28
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to ₹803. The fair value is estimated to be ₹668, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 33% in a year. Earnings are forecast to grow by 56% in the next year. Reported Earnings • Jul 25
First quarter 2026 earnings released: EPS: ₹4.30 (vs ₹6.49 in 1Q 2025) First quarter 2026 results: EPS: ₹4.30 (down from ₹6.49 in 1Q 2025). Revenue: ₹13.9b (down 12% from 1Q 2025). Net income: ₹809.2m (down 34% from 1Q 2025). Profit margin: 5.8% (down from 7.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Jul 14
Supreme Petrochem Limited to Report Q1, 2026 Results on Jul 23, 2025 Supreme Petrochem Limited announced that they will report Q1, 2026 results on Jul 23, 2025 Announcement • Jul 08
Supreme Petrochem Limited Declares Final Dividend for the Financial Year Ended March 31, 2025 Supreme Petrochem Limited at its AGM, held on July 4, 2025, declared final dividend on the Equity Shares of the company for the financial year ended March 31, 2025 (Face Value INR 2/- per Equity Share). Upcoming Dividend • Jun 27
Upcoming dividend of ₹7.50 per share Eligible shareholders must have bought the stock before 04 July 2025. Payment date: 21 July 2025. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹887, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹552 per share. Reported Earnings • Jun 09
Full year 2025 earnings released: EPS: ₹20.77 (vs ₹18.43 in FY 2024) Full year 2025 results: EPS: ₹20.77 (up from ₹18.43 in FY 2024). Revenue: ₹60.2b (up 15% from FY 2024). Net income: ₹3.91b (up 13% from FY 2024). Profit margin: 6.5% (down from 6.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Apr 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 10% to ₹653. The fair value is estimated to be ₹539, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 22%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 83% in the next 2 years. Declared Dividend • Apr 25
Dividend increased to ₹7.50 Dividend of ₹7.50 is 7.1% higher than last year. Ex-date: 4th July 2025 Payment date: 3rd August 2025 Dividend yield will be 1.5%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not covered by cash flows (127% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 11
Supreme Petrochem Limited to Report Q4, 2025 Results on Apr 23, 2025 Supreme Petrochem Limited announced that they will report Q4, 2025 results on Apr 23, 2025 Announcement • Mar 20
Supreme Petrochem Limited (BSE:500405) agreed to acquire Xmold Polymers Private Limited for approximately INR 400 million. Supreme Petrochem Limited (BSE:500405) agreed to acquire Xmold Polymers Private Limited from Shri S. Srinivasan, Smt. S. Kutavitakku and Shri S. Srinivasan HUF for approximately INR 400 million on March 18, 2025. A cash consideration of INR 397.6 million will be paid by Supreme Petrochem Limited. As part of consideration, INR 397.6 million is paid towards common equity of Xmold Polymers Private Limited. Supreme Petrochem Limited (BSE:500405) will initially acquire 80% stake upon execution of the share purchase agreement and will acquire the remaining 20% stake within a period of 2 years following the initial acquisition.
For the period ending March 31, 2024, Xmold Polymers Private Limited reported total revenue of INR 74 million.
The expected completion of the transaction is March 18, 2025 to March 18, 2027. Buy Or Sell Opportunity • Feb 28
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to ₹537. The fair value is estimated to be ₹699, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 46% in 2 years. Earnings are forecast to grow by 61% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹674, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 107% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹760 per share. Buy Or Sell Opportunity • Jan 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to ₹594. The fair value is estimated to be ₹758, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 46% in 2 years. Earnings are forecast to grow by 61% in the next 2 years. Reported Earnings • Jan 18
Third quarter 2025 earnings released: EPS: ₹3.79 (vs ₹3.60 in 3Q 2024) Third quarter 2025 results: EPS: ₹3.79 (up from ₹3.60 in 3Q 2024). Revenue: ₹14.1b (up 18% from 3Q 2024). Net income: ₹713.5m (up 5.4% from 3Q 2024). Profit margin: 5.1% (down from 5.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Jan 09
Supreme Petrochem Limited to Report Q3, 2025 Results on Jan 17, 2025 Supreme Petrochem Limited announced that they will report Q3, 2025 results on Jan 17, 2025 Upcoming Dividend • Oct 24
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 31 October 2024. Payment date: 20 November 2024. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (0.7%). Announcement • Oct 22
Supreme Petrochem Limited Declares Interim Dividend for the Financial Year 2024-2025 Supreme Petrochem Limited at its board meeting held on October 21, 2024, declared interim Dividend of INR 2.50 per equity share of the Company for the Financial year 2024-2025 on its paid-up equity share capital (consisting of 188,041,342 equity shares of INR 2 each) entailing an outgo of INR 470.103 Million. Record date will be at the close of business hours on October 30, 2024 for the purpose of eligibility of shareholders regarding interim dividend. Reported Earnings • Oct 22
Second quarter 2025 earnings released: EPS: ₹4.80 (vs ₹4.15 in 2Q 2024) Second quarter 2025 results: EPS: ₹4.80 (up from ₹4.15 in 2Q 2024). Revenue: ₹15.2b (up 19% from 2Q 2024). Net income: ₹903.4m (up 16% from 2Q 2024). Profit margin: 5.9% (down from 6.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • Oct 11
Supreme Petrochem Limited to Report Q2, 2025 Results on Oct 21, 2024 Supreme Petrochem Limited announced that they will report Q2, 2025 results on Oct 21, 2024 Price Target Changed • Aug 04
Price target increased by 8.6% to ₹743 Up from ₹684, the current price target is an average from 2 analysts. New target price is 13% below last closing price of ₹854. Stock is up 89% over the past year. The company is forecast to post earnings per share of ₹22.95 for next year compared to ₹18.43 last year. Reported Earnings • Jul 21
First quarter 2025 earnings released: EPS: ₹6.49 (vs ₹3.68 in 1Q 2024) First quarter 2025 results: EPS: ₹6.49 (up from ₹3.68 in 1Q 2024). Revenue: ₹15.7b (up 28% from 1Q 2024). Net income: ₹1.22b (up 76% from 1Q 2024). Profit margin: 7.7% (up from 5.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Announcement • Jul 11
Supreme Petrochem Limited to Report Q1, 2025 Results on Jul 19, 2024 Supreme Petrochem Limited announced that they will report Q1, 2025 results on Jul 19, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹747, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 31x in the Chemicals industry in India. Total returns to shareholders of 110% over the past three years. Price Target Changed • May 08
Price target increased by 20% to ₹668 Up from ₹559, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹692. Stock is up 85% over the past year. The company is forecast to post earnings per share of ₹22.75 for next year compared to ₹18.43 last year. Declared Dividend • Apr 26
Final dividend of ₹7.00 announced Dividend of ₹7.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 3rd August 2024 Dividend yield will be 1.3%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 73% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: ₹18.43 (vs ₹26.49 in FY 2023) Full year 2024 results: EPS: ₹18.43 (down from ₹26.49 in FY 2023). Revenue: ₹53.2b (flat on FY 2023). Net income: ₹3.46b (down 30% from FY 2023). Profit margin: 6.5% (down from 9.4% in FY 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Announcement • Apr 13
Supreme Petrochem Limited to Report Q4, 2024 Results on Apr 24, 2024 Supreme Petrochem Limited announced that they will report Q4, 2024 results on Apr 24, 2024 Board Change • Mar 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. Director of Operations & Whole Time Director Kiran Mujumdar was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 09
Supreme Petrochem Limited to Report Q3, 2024 Results on Jan 18, 2024 Supreme Petrochem Limited announced that they will report Q3, 2024 results on Jan 18, 2024 Price Target Changed • Nov 22
Price target increased by 13% to ₹530 Up from ₹467, the current price target is an average from 2 analysts. New target price is 5.2% below last closing price of ₹559. Stock is up 47% over the past year. The company is forecast to post earnings per share of ₹21.90 for next year compared to ₹26.49 last year. Upcoming Dividend • Nov 01
Upcoming dividend of ₹2.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 08 November 2023. Payment date: 26 November 2023. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.9%). Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: ₹4.15 (vs ₹3.17 in 2Q 2023) Second quarter 2024 results: EPS: ₹4.15 (up from ₹3.17 in 2Q 2023). Revenue: ₹12.9b (up 4.8% from 2Q 2023). Net income: ₹780.6m (up 31% from 2Q 2023). Profit margin: 6.0% (up from 4.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 29
Supreme Petrochem Limited Declares Interim Dividend for the Financial Year 2023-2024 Supreme Petrochem Limited at its board meeting held on October 27, 2023 declared interim dividend of INR 2 per equity shares the Financial Year 2023-2024.) The Company has fixed November 8, 2023 as the "Record Date" for the purpose of eligibility for aforesaid interim Dividend. Announcement • Oct 17
Supreme Petrochem Limited to Report Q2, 2024 Results on Oct 27, 2023 Supreme Petrochem Limited announced that they will report Q2, 2024 results on Oct 27, 2023 New Risk • Jul 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.5% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (144% cash payout ratio). Profit margins are more than 30% lower than last year (7.5% net profit margin). Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: ₹3.68 (vs ₹10.06 in 1Q 2023) First quarter 2024 results: EPS: ₹3.68 (down from ₹10.06 in 1Q 2023). Revenue: ₹12.4b (down 16% from 1Q 2023). Net income: ₹692.6m (down 63% from 1Q 2023). Profit margin: 5.6% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 18
Supreme Petrochem Limited to Report Q1, 2024 Results on Jul 27, 2023 Supreme Petrochem Limited announced that they will report Q1, 2024 results on Jul 27, 2023 Announcement • Jul 06
Supreme Petrochem Limited Announces Interim Dividend Supreme Petrochem Limited announced interim dividend of INR 4.0 per share at its AGM held on July 4, 2023. Recent Insider Transactions • Jun 22
Company Secretary & Compliance Officer recently sold ₹4.1m worth of stock On the 16th of June, D. Mishra sold around 10k shares on-market at roughly ₹403 per share. This transaction amounted to 81% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₹125m more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹471, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 26x in the Chemicals industry in India. Total returns to shareholders of 497% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of ₹7.00 per share at 2.1% yield Eligible shareholders must have bought the stock before 27 June 2023. Payment date: 03 August 2023. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.9%). Reported Earnings • Jun 08
Full year 2023 earnings released: EPS: ₹26.49 (vs ₹35.27 in FY 2022) Full year 2023 results: EPS: ₹26.49 (down from ₹35.27 in FY 2022). Revenue: ₹52.8b (up 5.1% from FY 2022). Net income: ₹4.98b (down 25% from FY 2022). Profit margin: 9.4% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 02
Full year 2023 earnings released: EPS: ₹26.49 (vs ₹35.27 in FY 2022) Full year 2023 results: EPS: ₹26.49 (down from ₹35.27 in FY 2022). Revenue: ₹52.9b (up 5.1% from FY 2022). Net income: ₹4.98b (down 25% from FY 2022). Profit margin: 9.4% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jan 24
Third quarter 2023 earnings released: EPS: ₹9.53 (vs ₹8.75 in 3Q 2022) Third quarter 2023 results: EPS: ₹9.53. Revenue: ₹11.9b (down 7.8% from 3Q 2022). Net income: ₹895.9m (down 46% from 3Q 2022). Profit margin: 7.5% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Announcement • Jan 14
Supreme Petrochem Limited to Report Q3, 2023 Results on Jan 23, 2023 Supreme Petrochem Limited announced that they will report Q3, 2023 results on Jan 23, 2023 Board Change • Jan 10
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Director of Operations & Whole Time Director Kiran Mujumdar was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Nov 16
Price target decreased to ₹873 Down from ₹1,021, the current price target is provided by 1 analyst. New target price is 14% above last closing price of ₹769. Stock is up 17% over the past year. The company posted earnings per share of ₹70.54 last year. Recent Insider Transactions • Nov 04
Insider recently bought ₹36m worth of stock On the 31st of October, Vivek Taparia bought around 48k shares on-market at roughly ₹742 per share. This transaction increased Vivek Taparia's direct individual holding by 6x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹72m more in shares than they have sold in the last 12 months. Upcoming Dividend • Oct 31
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 07 November 2022. Payment date: 26 November 2022. Payout ratio is a comfortable 26% and the cash payout ratio is 94%. Trailing yield: 2.6%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.7%). Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: ₹6.34 (vs ₹13.51 in 2Q 2022) Second quarter 2023 results: EPS: ₹6.34 (down from ₹13.51 in 2Q 2022). Revenue: ₹12.5b (up 4.7% from 2Q 2022). Net income: ₹596.5m (down 53% from 2Q 2022). Profit margin: 4.8% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 15
Upcoming dividend of ₹14.00 per share Eligible shareholders must have bought the stock before 22 July 2022. Payment date: 01 September 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (0.8%). Reported Earnings • Jul 09
Full year 2022 earnings released: EPS: ₹70.55 (vs ₹50.63 in FY 2021) Full year 2022 results: EPS: ₹70.55 (up from ₹50.63 in FY 2021). Revenue: ₹50.3b (up 58% from FY 2021). Net income: ₹6.63b (up 39% from FY 2021). Profit margin: 13% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 02
Insider recently bought ₹1.6m worth of stock On the 23rd of June, Rangarajan Ragavachari bought around 2k shares on-market at roughly ₹853 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₹3.6m. Insiders have collectively bought ₹5.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jun 24
Non-Executive Non Independent Director recently bought ₹3.6m worth of stock On the 21st of June, Bajranglal Taparia bought around 4k shares on-market at roughly ₹853 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 19% share price gain to ₹866, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 353% over the past three years. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Director of Operations & Whole Time Director K. Mujumdar was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.