Supreme Industries Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Supreme Industries (NSE:SUPREMEIND) Full Year 2024 Results

Key Financial Results

• Revenue: ₹102.0b (up 11% from FY 2023).
• Net income: ₹10.7b (up 24% from FY 2023).
• Profit margin: 11% (up from 9.4% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: ₹84.21 (up from ₹68.12 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Supreme Industries Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India.

Performance of the Indian Chemicals industry.

The company's shares are up 6.7% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Supreme Industries' balance sheet.

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