Supreme Industries
Market Cap
₹109.1b
Last Updated
2020/04/09 13:23 UTC
Data Sources
Company Financials +
Executive Summary
The Supreme Industries Limited manufactures and sells plastic products primarily in India.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Supreme Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUPREMEIND's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.4%
SUPREMEIND
6.7%
IN Chemicals
9.3%
IN Market
1 Year Return
-21.0%
SUPREMEIND
-7.2%
IN Chemicals
-24.1%
IN Market
Return vs Industry: SUPREMEIND underperformed the Indian Chemicals industry which returned -10% over the past year.
Return vs Market: SUPREMEIND exceeded the Indian Market which returned -26.5% over the past year.
Shareholder returns
| SUPREMEIND | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.4% | 6.7% | 9.3% |
| 30 Day | -25.7% | -13.5% | -12.6% |
| 90 Day | -25.7% | -14.6% | -24.1% |
| 1 Year | -19.4%-21.0% | -3.2%-7.2% | -22.6%-24.1% |
| 3 Year | -14.0%-17.6% | 19.1%11.8% | -10.9%-15.8% |
| 5 Year | 39.8%30.6% | 73.9%58.9% | 0.3%-4.9% |
Price Volatility Vs. Market
How volatile is Supreme Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Should You Be Tempted To Sell The Supreme Industries Limited (NSE:SUPREMEIND) Because Of Its P/E Ratio?1 month ago | Simply Wall St
Should You Buy The Supreme Industries Limited (NSE:SUPREMEIND) For Its Upcoming Dividend In 3 Days?1 month ago | Simply Wall St
Is Supreme Industries (NSE:SUPREMEIND) Using Too Much Debt?Valuation
Is Supreme Industries undervalued compared to its fair value and its price relative to the market?
23.94x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SUPREMEIND (₹893.6) is trading above our estimate of fair value (₹496.96)
Significantly Below Fair Value: SUPREMEIND is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SUPREMEIND is poor value based on its PE Ratio (23.9x) compared to the Chemicals industry average (8.3x).
PE vs Market: SUPREMEIND is poor value based on its PE Ratio (23.9x) compared to the Indian market (9.6x).
Price to Earnings Growth Ratio
PEG Ratio: SUPREMEIND is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: SUPREMEIND is overvalued based on its PB Ratio (5.1x) compared to the IN Chemicals industry average (0.9x).
Next Steps
Future Growth
How is Supreme Industries forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUPREMEIND's forecast earnings growth (16.1% per year) is above the savings rate (6.5%).
Earnings vs Market: SUPREMEIND's earnings (16.1% per year) are forecast to grow slower than the Indian market (19.5% per year).
High Growth Earnings: SUPREMEIND's earnings are forecast to grow, but not significantly.
Revenue vs Market: SUPREMEIND's revenue (12% per year) is forecast to grow faster than the Indian market (8.8% per year).
High Growth Revenue: SUPREMEIND's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SUPREMEIND's Return on Equity is forecast to be high in 3 years time (22.8%)
Next Steps
Past Performance
How has Supreme Industries performed over the past 5 years?
10.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUPREMEIND has high quality earnings.
Growing Profit Margin: SUPREMEIND's current net profit margins (8.4%) are lower than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: SUPREMEIND's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: SUPREMEIND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SUPREMEIND had negative earnings growth (-5.7%) over the past year, making it difficult to compare to the Chemicals industry average (9.6%).
Return on Equity
High ROE: SUPREMEIND's Return on Equity (21.2%) is considered high.
Next Steps
Financial Health
How is Supreme Industries's financial position?
Financial Position Analysis
Short Term Liabilities: SUPREMEIND's short term assets (₹14.2B) exceed its short term liabilities (₹10.4B).
Long Term Liabilities: SUPREMEIND's short term assets (₹14.2B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: SUPREMEIND's debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: SUPREMEIND's debt to equity ratio has reduced from 61.4% to 13.5% over the past 5 years.
Debt Coverage: SUPREMEIND's debt is well covered by operating cash flow (187.3%).
Interest Coverage: SUPREMEIND's interest payments on its debt are well covered by EBIT (23.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Supreme Industries's current dividend yield, its reliability and sustainability?
1.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUPREMEIND's dividend (1.57%) is higher than the bottom 25% of dividend payers in the Indian market (0.89%).
High Dividend: SUPREMEIND's dividend (1.57%) is low compared to the top 25% of dividend payers in the Indian market (3.79%).
Stability and Growth of Payments
Stable Dividend: SUPREMEIND's dividends per share have been stable in the past 10 years.
Growing Dividend: SUPREMEIND's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.8%), SUPREMEIND's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SUPREMEIND's dividends in 3 years are forecast to be well covered by earnings (41.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
16.7yrs
Average board tenure
CEO
Mahaveer Prasad Taparia (82yo)
no data
Tenure
₹87,100,000
Compensation
Mr. Mahaveer Prasad Surajmal Taparia, B.A., serves as a Managing Director of The Supreme Industries Limited. Mr. Taparia serves as the Non Executive Chairman at Supreme Petrochem Limited. He has a wide exp ...
CEO Compensation Analysis
Compensation vs Market: Mahaveer Prasad's total compensation ($USD1.15M) is above average for companies of similar size in the Indian market ($USD649.42K).
Compensation vs Earnings: Mahaveer Prasad's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | no data | ₹87.10m | 0.59% ₹643.4m | |
| Executive Director | 42.83yrs | ₹86.90m | 0.55% ₹604.4m | |
| Senior GM - Business Development & Executive Director | 35.5yrs | no data | 0.21% ₹225.2m | |
| Independent Non-Executive Director | 23.58yrs | ₹1.25m | 0.010% ₹11.2m | |
| Independent Non-Executive Director | 16.67yrs | ₹1.80m | 0.016% ₹17.2m | |
| Non Executive Chairman | no data | ₹1.25m | 0.29% ₹315.5m | |
| Independent Non-Executive Director | 5.58yrs | ₹1.40m | 0.0058% ₹6.4m | |
| Independent Non-Executive Director | 5.58yrs | ₹1.70m | no data | |
| Additional Independent Director | 0.92yr | no data | no data | |
| Additional Independent Director | 0.92yr | no data | 0.0012% ₹1.3m |
16.7yrs
Average Tenure
78yo
Average Age
Experienced Board: SUPREMEIND's board of directors are seasoned and experienced ( 16.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SUPREMEIND insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Supreme Industries Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Supreme Industries Limited
- Ticker: SUPREMEIND
- Exchange: NSEI
- Founded: 1942
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ₹109.084b
- Shares outstanding: 127.03m
- Website: https://www.supreme.co.in
Location
- The Supreme Industries Limited
- 1161 & 1162 Solitaire Corporate Park
- Building No. 11, 6th Floor, 167, Guru Hargovindji Marg
- Mumbai
- Maharashtra
- 400093
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 509930 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jul 1995 |
| SUPREMEIND | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jul 1995 |
Biography
The Supreme Industries Limited manufactures and sells plastic products primarily in India. The company offers a range of molded plastic furniture products, including chairs, trolleys, center and dining tables, sofa, stools, etc.; material handling and storage products, such as small bins, super jumbo crates, injection molded and roto molded pallets and garbage bins, vacuum formed crates, P.P. corrugated sheet boxes and crates, and recyclable packaging; and petrochemical products comprising general purpose, high impact, specialty, and modified polystyrene. It also provides XF films and products consisting of multilayered cross laminated, U.V. stabilized plastic films under the SILPAULIN brand for use in various agricultural, industrial, and covering applications; and co-extruded multi-layer barrier films. In addition, the company offers protective packaging products, such as thermoplastic PE foam sheets and profiles, cross-linked and blended PE foams, air bubble films and composites, and EPDM and other specialty rubber foams, as well as corrosion resistant, anti-static, UV resistant, and metal laminated foams and bubble films; expansion joint filers and anti-seismic foams for commercial and residential buildings; and insulation products for various industries. Further, it provides plastic piping systems comprising uPVC pipes, injection molded PVC and handmade fittings, polypropylene random co-polymer pipe systems, HDPE pipe systems, CPVC pipes systems, and inspection chambers and manholes, as well as toilets bath fittings, roto molded tanks and fittings, and solvents. Additionally, the company offers composite LPG cylinders and industrial components. It also exports its plastic products. The Supreme Industries Limited was founded in 1942 and is based in Mumbai, India.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/09 13:23 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.