Supreme Industries Q1 FY27: PAT up 39% to ₹281cr

Result headline and why it matters

Supreme Industries Ltd. announced its consolidated financial results on 28 July 2026 for the first quarter of FY 2026-27 (Q1 FY27). The Mumbai-based plastics manufacturer reported a consolidated profit after tax (PAT) of ₹280.72 crore for the quarter ended 30 June 2026. The result marked a sharp year-on-year rise, while revenue growth remained modest, signalling that profitability was supported by factors beyond topline expansion.

Management also reported that the unaudited consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors. In a separate market note carried alongside the results, the company was also expected to hold a board meeting on 28 July 2026 to consider audited financial results.

Consolidated profit climbs to ₹280.72 crore

Supreme Industries reported consolidated PAT of ₹280.72 crore in Q1 FY27. This was up 38.8% year-on-year from ₹202.30 crore in the year-ago quarter (Q1 FY26), based on figures cited in the results summary. Earnings per share (basic and diluted) rose to ₹22.10 from ₹15.93 in the same quarter last year.

The quarter’s profit performance was also described as being ahead of a ₹232 crore estimate mentioned in the market summary. That comparison positioned the reported PAT as stronger than what was expected by some tracking models.

Revenue from operations rises 4.2% YoY

Consolidated revenue from operations for Q1 FY27 stood at ₹2,717.66 crore, up 4.2% from ₹2,609.21 crore a year earlier. Other income contributed ₹9.13 crore, taking total income to ₹2,726.79 crore.

On a sequential basis, the revenue picture was weaker due to seasonality and a high base. Total income of ₹2,726.79 crore compared with ₹3,536.22 crore in the preceding quarter (Q4 FY26), as stated in the company’s quarterly comparison.

Another performance snapshot included in the broader note said revenue for the quarter was ₹2,720 crore versus ₹2,610 crore a year ago, and also highlighted that the number trailed a ₹2,920 crore estimate.

Expense profile: materials dominate cost base

Total expenses for the quarter ended 30 June 2026 were ₹2,446.20 crore. The cost structure continued to be led by raw materials, with cost of materials consumed at ₹1,918.95 crore.

Employee benefits expense was ₹163.34 crore, reflecting the scale of operations across manufacturing and distribution. Depreciation and amortisation expense was ₹122.33 crore for the quarter.

The expense mix matters for investors tracking margin movement, because a relatively stable revenue line can still translate into higher profitability if input costs and operating leverage move in the company’s favour.

Profit before tax and the associate contribution

Consolidated profit before tax (PBT) was ₹353.64 crore in Q1 FY27. A notable component in this figure was the share of profit from an associate, which stood at ₹73.05 crore.

The earnings commentary around the quarter linked the profit growth to a sharp increase in associate profits along with stable revenue growth. This indicates that, besides operating performance, the associate line item played a meaningful role in lifting consolidated profitability.

Segment performance: piping remains the largest driver

In segment reporting, Plastics Piping Products remained the largest business by revenue and profit. The segment generated revenue of ₹1,790.88 crore and segment profit of ₹204.80 crore.

Industrial Products reported revenue of ₹373.26 crore and segment profit of ₹23.15 crore. Packaging Products contributed ₹438.20 crore in revenue and profit of ₹54.60 crore.

These segment numbers help explain how the company’s earnings are distributed across end markets. Piping accounted for the bulk of segment profit in the quarter, while packaging delivered a comparatively higher profit contribution relative to its revenue size.

EBITDA and margin improvement referenced in market summary

A results snapshot included alongside the update reported EBITDA at ₹397 crore for Q1 FY27, up from ₹320 crore in the prior-year period. The same snapshot said EBITDA margin expanded to 14.64% from 12.22%, and that the margin also exceeded a 13.88% estimate.

While the statutory results in the provided data emphasised PAT, PBT, revenue and expenses, the EBITDA figures add context on operating profitability. The margin expansion narrative is consistent with the quarter’s strong profit growth despite only low single-digit revenue growth.

Other comprehensive income stays marginal

Total other comprehensive income (loss) for the period was a loss of ₹0.27 crore. This included re-measurement losses of defined employee benefit plans of ₹0.21 crore and a share of other comprehensive income in an associate of ₹0.11 crore (loss).

These items were small in size relative to the overall profit and did not materially change the headline earnings picture.

Market data points cited with the results

A market snapshot included in the same note carried a market capitalisation figure of ₹43,405.08 crore and a current market price (CMP) of ₹3,417.0 per share. These figures were presented as quick details around the time of the results.

Separately, the FY 2025-26 audited consolidated report was cited as showing zero total borrowings, highlighting the company’s debt position as reported in that audited period.

Key numbers at a glance

What investors will track next

For the near term, investors will likely focus on the sustainability of profit growth relative to revenue growth, given the importance of associate profit in this quarter’s consolidated PBT. Segment trends in Plastics Piping Products will also remain central, as it contributed the largest share of segment revenue and profit.

The company has already stated that the unaudited consolidated results were reviewed by the Audit Committee and approved by the Board. Any additional clarity from the board’s discussions around audited results, as referenced in the market note, would be the next formal checkpoint.

Conclusion

Supreme Industries’ Q1 FY27 results showed PAT rising to ₹280.72 crore on revenue from operations of ₹2,717.66 crore, with EPS improving to ₹22.10. The quarter also reflected a meaningful contribution from associate profit and an EBITDA margin expansion cited in the market summary. The next key update for investors will be any further disclosures linked to board-level consideration of audited financial results, as referenced alongside the earnings announcement.