Synopsis:
The shares of Supreme Industries are in focus after the company received an order worth Rs 54 crore from Bharat Petroleum for the supply of Composite LPG cylinders.
The shares of this leading pipe, protective packaging product, etc, manufacturer are in focus after it has secured a key contract from BPCL, a leading PSU, which has to be delivered within six months.
With a market capitalisation of Rs 53,279 crores, the shares of Supreme Industries Ltd are currently trading at Rs 4,194 per share, down by 33 percent from its 52-week high of Rs 6,264.40 per share. Over the past five years, the stock has delivered a return of 279 percent.
On Wednesday, the company, through a stock exchange filing, announced that it has secured an order worth Rs 54 crore from Bharat Petroleum Corporation Limited (BPCL), for the supply of 2,00,000 units of Composite LPG Cylinders weighing 10 KG. The contract has to be executed within 6 months.
Financial Highlights
The company reported a revenue of Rs 10,446 crores in FY25, up by 3 percent from its FY24 revenue of Rs 10,134 crores. However, the company reported a net profit decrease of 10 percent to Rs 961 crore in FY25 from Rs 1,070 crore in FY24.
The stock delivered an ROE and ROCE of 17.14 percent and 22.04 percent respectively, and is currently trading at a P/E of 57.73x as compared to its industry average of 27.92x.
Supreme Industries Limited is an Indian company that produces and sells many plastic products. Its main offerings include different types of plastic pipes and fittings used in plumbing, drainage, and fire safety.
It also manufactures water tanks, industrial plastic parts, packaging materials such as films and protective wraps, and plastic furniture. The company exports some of its products as well..
Written by Satyajeet Mukherjee
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