Supreme Petrochem Ltd logo

Supreme Petrochem Ltd

SPLPETRO NSE

Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics and other Polymers. [1]

AI Verdict: HOLD Confidence: 5%

Supreme Petrochem is a debt-free company with a strong long-term track record (10-year profit CAGR of 19%) but faces near-term headwinds with TTM sales declining 11% and profits falling 12%. At a PE of 44.2x, the stock is richly valued for a commodity chemicals business experiencing cyclical weakness.

Key Fundamentals

SmallcapPetrochemicalsChemicals
Market Cap
₹14,033 Cr
Volatility
Moderate
P/E Ratio
42.56
EBITDA
₹558 Cr
Return on Equity
17.16%
Debt to Equity
0.06
Book Value
₹126.38
EPS
₹21.23
52W High
₹979
52W Low
₹462.3

Technical Indicators

Key Insights

Strengths

2
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 52.4%

Weaknesses

1
  • The company has delivered a poor sales growth of 10.9% over past five years.

Growth Rate

Revenue Growth
-11.72% ↘
Net Income Growth
-16.18% ↘
Cash Flow Change
-27.89% ↘
ROE
-21.09% ↘
ROCE
-20.15% ↘
EBITDA Margin (Avg.)
4.33% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 1d ago
HOLD
Risk high

Supreme Petrochem is a debt-free company with a strong long-term track record (10-year profit CAGR of 19%) but faces near-term headwinds with TTM sales declining 11% and profits falling 12%. At a PE of 44.2x, the stock is richly valued for a commodity chemicals business experiencing cyclical weakness.

Bull Case 8
  • Company is virtually debt-free, providing financial resilience through commodity cycles and flexibility for future capex
  • Healthy dividend payout of 52.4% demonstrates shareholder-friendly capital allocation with current yield of 1.36%
  • Strong 10-year compounded profit growth of 19% CAGR reflects solid long-term earnings power
  • 10-year stock CAGR of 24% indicates consistent long-term wealth creation for shareholders
  • 5-year ROE average of 23% demonstrates efficient capital deployment well above cost of equity
  • 10-year average ROE of 24% shows the business has durable competitive advantages in its niche
  • 100% of analysts covering the stock have a Buy rating, indicating institutional confidence in the turnaround thesis
  • Market cap of Rs 14,503 crore provides reasonable liquidity while still leaving room for re-rating as a mid-cap compounder
Bear Case 8
  • PE of 44.2x is expensive for a commodity chemicals company, implying high growth expectations that current trends do not support
  • TTM sales have declined 11% signaling demand weakness or pricing pressure in the polystyrene market
  • TTM profit has declined 12%, showing margin compression alongside revenue fall
  • 3-year compounded profit growth is negative at -12% CAGR, indicating a sustained earnings downcycle
  • 5-year compounded profit growth is negative at -7% CAGR, suggesting structural headwinds beyond just cyclicality
  • Last year ROE dropped to 14% from 5-year average of 23%, a 39% deterioration in return on equity
  • 3-year compounded sales growth is flat at 0%, showing no top-line momentum over a meaningful period
  • Stock has delivered -13% returns over 1 year, underperforming broader markets significantly

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 14h ago
Positives 3
  • Strong FY26 financials declared Jun 17

    Supreme Petrochem reported FY26 standalone revenue of ₹538,168.59 Lakhs with net profit of ₹32,730.74 Lakhs and declared total dividend of ₹10.50 per share.

  • Zero safety incidents in FY26 Jun 17

    BRSR filing shows zero safety incidents and 103% achievement of energy savings target for FY 2025-26.

  • No encumbrance on promoter shares Jun 6

    Supreme Petrochem confirmed no encumbrance on promoter holdings for FY26 under SEBI SAST Regulation 31(4), signaling promoter financial health.

Neutral 2
  • Trading window closed for Q1FY26 Jun 19

    Trading window shut from July 1, 2026 until 48 hours after Q1FY26 results declaration, per SEBI insider trading regulations.

  • 37th AGM scheduled July 14 Jun 11

    AGM notice published in Business Standard and Pudhari on June 11, 2026; 37th AGM set for July 14, 2026.

TL;DR: Supreme Petrochem had a steady news cycle with no negative developments. The company delivered solid FY26 financials with healthy profitability and a ₹10.50 dividend, while maintaining clean ESG and governance metrics. No operational or market headwinds surfaced in recent coverage. The outlook is stable heading into Q1FY26 results and the July AGM.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
1,387
1,225
1,278
1,188
1,563
1,573
1,506
1,405
1,539
1,387
1,100
1,265
1,587
Expenses
1,179
1,135
1,171
1,093
1,388
1,412
1,380
1,306
1,394
1,272
1,023
1,195
1,334
Operating Profit
208
90
106
95
175
161
125
99
145
115
78
69
253
OPM %
15%
7%
8%
8%
11%
10%
8%
7%
9%
8%
7%
5%
16%
Other Income
21
18
16
16
19
23
17
17
19
15
9
2
8
Interest
1
1
2
3
2
3
3
3
3
3
3
4
4
Depreciation
14
14
14
15
16
16
17
17
17
18
18
27
28
PBT
215
94
106
92
177
164
122
96
143
109
65
40
229
Tax %
26%
26%
26%
27%
26%
26%
26%
26%
25%
25%
26%
25%
27%
Net Profit
159
69
78
68
132
122
90
71
107
81
48
30
168
EPS in Rs
8.47
3.68
4.15
3.6
6.99
6.49
4.8
3.79
5.68
4.3
2.56
1.6
8.94
Figures in ₹ Crores

Profit & Loss

  Jun 2015Mar 2016 9mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
2,653
2,068
2,919
3,027
3,194
2,724
3,185
5,032
5,287
5,253
6,023
5,338
Expenses
2,559
1,964
2,621
2,830
3,100
2,576
2,511
4,126
4,626
4,780
5,488
4,820
Operating Profit
93
104
297
196
93
148
674
907
661
473
535
519
OPM %
4%
5%
10%
6%
3%
5%
21%
18%
12%
9%
9%
10%
Other Income
3
3
7
8
10
12
16
30
59
65
73
33
Interest
17
5
5
5
4
6
7
7
6
10
15
17
Depreciation
24
17
22
21
23
36
39
42
47
59
68
91
PBT
56
85
278
179
76
118
644
888
667
468
525
443
Tax %
37%
33%
35%
35%
35%
13%
26%
25%
25%
26%
26%
26%
Net Profit
36
57
179
116
49
103
477
663
498
346
391
327
EPS in Rs
1.85
2.96
9.3
6.02
2.55
5.32
25.4
35.28
26.49
18.43
20.77
17.41
Div. Payout %
41%
51%
24%
37%
59%
52%
30%
22%
42%
49%
48%
60%
Figures in ₹ Crores

Balance Sheet

  Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
96
96
96
96
96
96
94
38
38
38
38
38
Reserves
280
318
486
549
546
577
971
1,478
1,806
1,982
2,194
2,333
Borrowings
0
0
0
0
0
29
41
37
17
114
130
126
Other Liabilities
505
523
548
650
578
552
649
725
870
932
1,087
970
Total Liabilities
881
938
1,130
1,296
1,221
1,255
1,755
2,278
2,731
3,065
3,448
3,467
Fixed Assets
345
333
337
333
331
371
359
337
527
769
813
1,474
CWIP
4
10
13
10
24
8
9
179
108
233
582
74
Investments
0
0
0
111
251
135
470
484
563
572
435
324
Other Assets
532
595
780
842
615
741
917
1,279
1,534
1,492
1,618
1,594
Total Assets
881
938
1,130
1,296
1,221
1,255
1,755
2,278
2,731
3,065
3,448
3,467
Figures in ₹ Crores

Cash Flow

  Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
80
84
69
213
133
120
435
672
304
557
342
246
Investing
-5
-5
-25
-15
-27
-8
-64
-140
-147
-182
-330
-190
Financing
-66
-40
-16
-57
-56
-90
-104
-178
-194
-197
-212
-228
Net Cash Flow
9
39
27
141
50
22
266
354
-37
178
-201
-171
Free Cash Flow
73
77
41
194
101
104
413
509
98
245
-36
37
CFO/OP
96
117
53
140
167
107
89
99
72
140
87
67
Figures in ₹ Crores

Ratios

  Jun 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
33
50
38
36
33
33
44
30
25
27
24
34
Inventory Days
29
37
46
44
31
40
51
29
55
39
50
51
Days Payable
61
83
65
80
60
74
90
50
66
66
66
65
Cash Conversion Cycle
1
3
19
0
3
0
4
8
14
0
8
20
Working Capital Days
3
8
22
12
5
5
19
8
19
1
4
15
ROCE %
19%
22%
57%
30%
12%
18%
72%
66%
37%
22%
23%
19%

Shareholding Pattern

As of Mar 2026
Promoters 64.24%
Public 21.60%
Others 6.14%
DIIs 4.24%
FIIs 3.69%
Government 0.09%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Jan 2023Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
63.96%
63.96%
63.96%
63.96%
64.07%
64.14%
64.14%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
64.24%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
0.01%
0.01%
0.01%
0.01%
1.99%
2.46%
2.91%
3.03%
3.37%
3.42%
3.49%
3.54%
3.70%
3.70%
3.69%
DIIs
2.10%
2.15%
2.15%
1.83%
2.14%
2.18%
2.23%
2.31%
2.31%
2.33%
2.32%
2.81%
2.62%
2.60%
2.66%
2.81%
2.94%
3.06%
3.76%
3.88%
3.96%
4.24%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
0.09%
Public
28.49%
26.63%
26.92%
27.15%
26.84%
26.80%
24.60%
24.33%
24.36%
24.42%
24.54%
24.06%
23.77%
23.41%
23.28%
22.94%
22.78%
22.51%
21.97%
21.91%
21.79%
21.60%
Others
5.45%
7.27%
6.97%
7.06%
6.95%
6.89%
8.94%
9.03%
8.99%
8.92%
8.79%
6.81%
6.82%
6.74%
6.69%
6.55%
6.53%
6.61%
6.39%
6.19%
6.22%
6.14%
No. of Shareholders
0
38,010
56,762
53,408
52,673
50,962
49,363
49,977
50,266
49,563
49,464
48,370
48,830
46,831
47,917
48,193
44,598
43,517
41,968
46,388
42,232
41,031

Documents

Frequently Asked Questions about Supreme Petrochem Ltd

What does Supreme Petrochem Ltd do?
Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics and other Polymers. [1]
Where is Supreme Petrochem Ltd (SPLPETRO) listed?
Supreme Petrochem Ltd is listed on the Indian stock exchanges. It is listed on NSE: SPLPETRO and BSE: 500405. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Supreme Petrochem Ltd belong to?
Supreme Petrochem Ltd operates in the Commodities sector within the Chemicals & Petrochemicals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Supreme Petrochem Ltd?
Supreme Petrochem Ltd has a market capitalisation of approximately ₹14032.59 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Supreme Petrochem Ltd?
The Price-to-Earnings (PE) ratio of Supreme Petrochem Ltd is 42.56. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Supreme Petrochem Ltd?
Over the past 52 weeks, Supreme Petrochem Ltd has traded between a low of ₹462.3 and a high of ₹979. This range helps investors understand the stock's price volatility and recent trading levels.
Does Supreme Petrochem Ltd pay dividends?
Yes, Supreme Petrochem Ltd has a dividend yield of 1.40%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Supreme Petrochem Ltd?
Supreme Petrochem Ltd has a Return on Equity (ROE) of 17.16%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Supreme Petrochem Ltd on Tapetide?
On Tapetide, you can view Supreme Petrochem Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics and other Polymers. [1]

Website supremepetrochem.com
CEO Mr. Kiran Vasant Mujumdar
Employees 423
Listed 2022-05-24
Face Value ₹ 2
Issued Size 18,80,41,342

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