SPLPETRO

Supreme Petrochem share price & financials

Price
₹693.9
Market cap
₹13.5k Cr
Sector
Chemicals
Calls analysed
8
Latest concall · Q1 FY27 · call held 29 Jul 2026

Supreme Petrochem Limited Q1 FY27

Revenue from Operations ₹1,693 cr +22%Operating EBITDA ₹331 cr +188%Operating EBITDA Margin 19.53% PAT ₹236 cr

What went well

  • Revenue from operations increased by 22% year-on-year to ₹1693 crores.
  • Operating EBITDA grew strongly by 188% year-on-year to ₹331 crores.
  • Operating EBITDA margins improved significantly to 19.53%.

What to watch

  • Sales volume declined by 24.5% to 70,842 metric tons compared to the previous year.
  • Negligible exports due to West Asia crisis and subdued demand from the non-OEM segment.
Read the full call →

What Supreme Petrochem Limited does

Supreme Petrochem manufactures styrenic polymers — Polystyrene (GPPS/HIPS), Expandable Polystyrene (EPS), Extruded Polystyrene (XPS) insulation board, ABS engineering plastic, and polymer compounds/masterbatches — at two facilities in Amdoshi (Maharashtra) and Manali (Tamil Nadu). It sells these commodity and specialty polymer grades to converters and OEMs across consumer durables, packaging, construction, automotive and appliance industries, earning through processing spreads over imported styrene-monomer feedstock. The company was formed as a joint venture between Supreme Industries Ltd. and the Rajan Raheja Group, and also owns Xmold Polymers, a Tier-II supplier of engineering polymer components to automobile and appliance makers.

Segments

  • Styrenic Polymers
Manufacturing plants
2 (Amdoshi, Raigad, Maharashtra; Manali New Town, Chennai, Tamil Nadu)
Polystyrene (GPPS/HIPS) installed capacity
300,000 MTPA at Amdoshi
ABS installed capacity
70,000 MTPA at Amdoshi — India's first continuous production process for ABS
EPS installed capacity
115,000 MTPA at Manali (post Phase-II expansion, commissioned April 2026)
Compounds/Masterbatches installed capacity
33,500 MTPA at Manali
XPS insulation board installed capacity
72,000 M3 at Manali
Founded 1989Headquarters Mumbai, Maharashtra, India Company website

Guidance record · Q1 FY27

what the last two calls moved 21 tracked 2 delivered 8 missed 11 open
  • EBITDA Margin delivered said Q3 FY25 Promised: Cross to double digits Q1 FY27: Achieved. Operating EBITDA margin was 19.53%. Management noted this is an 'aberration' and expects normalization.
  • ABS Phase 1 Commissioning missed said Q3 FY25 Promised: Commissioning by Q1 FY26 Q1 FY27: No update provided on the restoration of the ABS plant to its full capacity. The issue remains unresolved.
  • Panipat Plant Project Start delayed said Q3 FY25 Promised: Implementation to begin in Q3 FY26 Q1 FY27: No specific update on the Panipat plant. The focus on new projects at the Amdoshi complex confirms the Panipat project remains on hold.

All 21 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 22.1%, net profit up 191.4% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue1,506 1,405 1,539 1,387 1,100 −27%1,265 −10%1,587 +3%1,693 +22%
EBITDA125 99 145 115 78 −38%69 −30%253 +74%331 +188%
Net profit90 71 107 81 48 −47%30 −58%168 +57%236 +191%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +4.8% 1Y

₹500₹600₹700₹800Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 28 Oct 2025Q3 FY26 — 23 Jan 2026Q4 FY26 — 30 Apr 2026Q1 FY27 — 29 Jul 2026

1Y: ₹780.65 on 10 Sept 2025 → ₹818.35. High ₹870.1 (26 Sept 2025), low ₹501.45 (23 Jan 2026).

How the price took the results

close before → close after

Q1 FY27
−0.9%
29 Jul
Q4 FY26
−2.2%
30 Apr
Q3 FY26
−3.9%
23 Jan
Q2 FY26
−0.4%
28 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 0.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 9.6%.

Year endingFY23FY24FY25FY26
Revenue₹5.3k Cr₹5.3k Cr₹6.0k Cr₹5.3k Cr
Operating profit₹658 Cr₹466 Cr₹530 Cr₹515 Cr
Operating margin12.4%8.9%8.8%9.6%
Interest₹4 Cr₹8 Cr₹12 Cr₹14 Cr
Depreciation₹47 Cr₹59 Cr₹67 Cr₹91 Cr
Net profit₹498 Cr₹347 Cr₹390 Cr₹327 Cr
Net margin9.4%6.6%6.5%6.1%
ROCE37.0%22.0%23.0%19.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹94 Cr₹38 Cr₹38 Cr₹38 Cr₹38 Cr₹38 Cr
Reserves₹971 Cr₹1.5k Cr₹1.8k Cr₹2.0k Cr₹2.2k Cr₹2.3k Cr
Borrowings₹41 Cr₹37 Cr₹17 Cr₹114 Cr₹140 Cr₹126 Cr
Other liabilities₹649 Cr₹725 Cr₹870 Cr₹932 Cr₹922 Cr₹970 Cr
Total liabilities₹1.8k Cr₹2.3k Cr₹2.7k Cr₹3.1k Cr₹3.3k Cr₹3.5k Cr
Fixed assets₹359 Cr₹337 Cr₹527 Cr₹769 Cr₹1.5k Cr₹1.5k Cr
Capital work in progress₹9 Cr₹179 Cr₹108 Cr₹233 Cr₹41 Cr₹74 Cr
Investments₹470 Cr₹484 Cr₹563 Cr₹572 Cr₹235 Cr₹324 Cr
Other assets₹917 Cr₹1.3k Cr₹1.5k Cr₹1.5k Cr₹1.5k Cr₹1.6k Cr
Total assets₹1.8k Cr₹2.3k Cr₹2.7k Cr₹3.1k Cr₹3.3k Cr₹3.5k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −0.63 pp while DIIs added +0.38 pp. The shareholder count grew 1% to 42,429.

Promoters
64.2%
FIIs
3.8%
DIIs
4.1%
Government
0.1%
Public
27.7%

Since Jun 2025

  • Public −0.63 pp
  • DIIs +0.38 pp
  • FIIs +0.25 pp

How it drifted, 12 quarters

Over this window the public fell from 30.9% to 27.7% — −3.1 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 64.2%, FIIs 2.0%, DIIs 2.8%, Government 0.1%, Public 30.9%.Dec '23: Promoters 64.2%, FIIs 2.5%, DIIs 2.6%, Government 0.1%, Public 30.6%.Mar '24: Promoters 64.2%, FIIs 2.9%, DIIs 2.6%, Government 0.1%, Public 30.1%.Jun '24: Promoters 64.2%, FIIs 3.0%, DIIs 2.7%, Government 0.1%, Public 30.0%.Sep '24: Promoters 64.2%, FIIs 3.4%, DIIs 2.8%, Government 0.1%, Public 29.5%.Dec '24: Promoters 64.2%, FIIs 3.4%, DIIs 2.9%, Government 0.1%, Public 29.3%.Mar '25: Promoters 64.2%, FIIs 3.5%, DIIs 3.0%, Government 0.1%, Public 29.1%.Jun '25: Promoters 64.2%, FIIs 3.5%, DIIs 3.8%, Government 0.1%, Public 28.4%.Sep '25: Promoters 64.2%, FIIs 3.7%, DIIs 3.9%, Government 0.1%, Public 28.1%.Dec '25: Promoters 64.2%, FIIs 3.7%, DIIs 4.0%, Government 0.1%, Public 28.0%.Mar '26: Promoters 64.2%, FIIs 3.7%, DIIs 4.2%, Government 0.1%, Public 27.7%.Jun '26: Promoters 64.2%, FIIs 3.8%, DIIs 4.1%, Government 0.1%, Public 27.7%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Supreme Petrochem Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
The Supreme Industries Limited 30.78%unchanged
R. Raheja Investments Private Limited 30.78%unchanged
Investor Education And Protection Fund Authority - 2 1.94%newly disclosed
HSBC Mutual Fund - HSBC Small Cap Fund Mutual fund1.70%unchanged
Hathway Investments Private Limited 1.51%unchanged
ICICI Prudential Nifty Smallcap 250 ETF Mutual fund1.24%newly disclosed
Jovial Investment And Trading Company Private Limited 0.45%unchanged
Boon Investment And Trading Company Private Limited 0.38%unchanged
Venktesh Investment And Trading Company Private Limited 0.35%unchanged
Matsyagandha Investments Private Limited 0.00%unchanged
Suman R Raheja 0.00%unchanged
Viren Rajan Raheja 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in SPLPETRO

Filings to Aug 2026

0 new, 4 added, 1 trimmed, 0 sold out — net +0.02 L shares (+1.1%).

Held by funds
₹12 Cr
5 schemes
Biggest holder
Nippon India Nifty Smallcap 250 Index Fund
₹7 Cr · 0.2% of that fund
SchemeHoldingLast month
Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund₹7 Cr+0.01 L
SBI Nifty Smallcap 250 Index Fund SBI Mutual Fund₹4 Cr+0.01 L
Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund₹1 Cr+0.00 L
SBI Nifty 500 Index Fund SBI Mutual Fund₹0 Cr−0.00 L
SBI Nifty Small Cap 250 ETF SBI Mutual Fund₹0 Cr+0.00 L

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

4 added, 1 trimmed — net +1,808 shares (+1.1%)

Funds are sitting on
-6%
vs est. average cost
Held by funds
₹12 Cr
5 schemes · ≈ 0.09% of the company
Biggest holder
Nippon India Nifty Smallcap 250 Index Fund
₹7 Cr · 0.2% of that fund

Shares held by these funds +8%

Mar '26 1.67 L shares Jul '26

What the price assumes

Growth trap

To justify its price of ₹818, this stock must grow earnings at 22% every year for 7 years. Our analysis caps realistic growth at ~-13%. At that growth it is worth ₹124 — downside of 85%.

Growth the price implies
21.9% a year
for 7 years, fading to 4%
It has actually compounded at
-13.1% a year
net profit, FY23–FY26 · EPS -13.1%
The gap
0.3 pp
-85% downside if it only repeats history
Price today ₹818.35 Value at the reference growth ₹124.16

Change the assumptions yourself →

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse Supreme Petrochem Limited

Guides on how to read this kind of business and the numbers that matter.