Supreme Petrochem LtdNSE:SPLPETRO
Current view Q1 2027
Makes polystyrene, the everyday plastic in packaging and appliances. Earnings are not stable and this is not a better business - the numbers are good only because the Middle East war widened the raw-material spread, the normal $200 a tonne going past $300, while volume fell about 25% year-on-year. Polystyrene capacity going 300,000 to 380,000 tonnes. But the spread had already retraced by the call date, and management itself calls the margin 'an aberration'.
Latest exchange filings last 5 · 5 after Q1 2027
- 28 Aug ’26Submission of newspaper notice published pursuant to IEPF Rules ↗
- 12 Aug ’26Newspaper Publication regarding opening of special window for transfer and dematerialization of physical shares ↗
- 11 Aug ’26NSE Sustainability Ratings independently assigned Supreme Petrochem an ESG rating based on public information. ↗
- 4 Aug ’26Transcript of Earnings Conference Call held on July 29, 2026 is enclosed herewith. ↗
- 1 Aug ’26Supreme Petrochem to meet Takshil Financial Services on August 11, 2026, in-person. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q1 2027
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q1 2027
| Metric | This year vs lastYoY · vs Q1 2026 | vs the quarter beforeQoQ, sequential · vs Q4 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +22.1% | +6.7% | +0.3% | +10.9% |
| Operating profit | ▲ +187.8% | +30.8% | −8.5% | −4.4% |
| EPS | ▲ +192.3% | +40.6% | −13.1% | −7.3% |
| PAT | ▲ +191.4% | +40.5% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +22.1%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Weak40/100
Earnings are shrinking, not growing. Profit per share fell 13% a year over the window measured. Nothing compounds from here until that turns, whatever the price does.
No forward view — earnings are not compounding, so there is nothing to project.
Multiple moved without the earnings — the return sits in sentiment.
How this is calculated
Band capped: earnings are not growing over the measured window.
Growth rate used: -13.1% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Petrochemicals · 6 of 12 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Supreme Petroch. | ₹853 | 32.7× | ₹16,037 Cr | 18.8% | +192.1% | +22.1% |
| Swan Corp | ₹289 | 40.6× | ₹9,068 Cr | -0.6% | −264.2% | −16.4% |
| Rain Industries | ₹207 | 12.9× | ₹6,957 Cr | 8.3% | +388.0% | +17.4% |
| Bhansali Engg. | ₹128 | 15.9× | ₹3,182 Cr | 23.8% | +43.0% | +53.3% |
| Manali Petrochem | ₹82 | 11.8× | ₹1,405 Cr | 7.3% | +348.8% | +17.1% |
| DCW | ₹45 | 18.8× | ₹1,340 Cr | 9.9% | +203.3% | +14.0% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | wider, but it has moved around a lot | operating margin 7% → 20% over 3 years |
|---|---|---|
| Did the profit turn into cash? | most of it arrived as cash | 67% last year, 98% over three · free cash flow ₹37 cr, positive in 4 of 5 years |
| Is the growth borrowed? | essentially debt-free | ₹126 cr — 0.05× its own equity (was 0.06×) |
| Is it being collected? | collection is steady | 34 days to collect, up 10 in a year · cash cycle 20 days |
| Who has been buying? | the promoters have held steady | promoters 64.2%, 64.2% → 64.2% over 2.8 years · FIIs 3.8% (+0.3) · DIIs 4.1% (+0.4) · shareholders 48,370 → 42,429 |
| What does it earn on its capital? | earns a fair return on its capital | ROCE 18.8% · ROE 14.1% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 52.4%
Against it
- The company has delivered a poor sales growth of 10.9% over past five years.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.