Supreme Ind

Posted on August 20, 2022 Updated on August 20, 2022

people who knows plastic better since 1942
Mcap: 24236Cr Vs Nilkamal 2112Cr MCap (As on 19 Aug 2022)
Promoter: 48% FII: 16 DII: 19 Public: 15%

• Biz: furniture, packaging, piping, toys, storage material, composite lpg cylinders – polymers & resins in to finished plastic products
• Institutions increasing stake gradually
• proxy 30.7% holding in supreme petrochem – makes polystyrene, expanded polystyrene,extruded foam, speciality polymer compounds
• Crude is first procured by supreme petrochem and bi-product is sent to parent co to make furniture with it.
• Debt free company
  **
  Supreme PetroChem – largest single site polystyrene producer in the world

Q1 FY 23 performance:

	YOY	QOQ
Revenue	GOOD	DOWN
PAT	GOOD	DOWN

Observation:

There seems to be a drop every June Quarter when compared to March Quarter.

Source: screener.in