Supreme Industries Q1 FY27 Results: PAT rises 39%

Key takeaway from the June quarter

Supreme Industries Ltd. announced its consolidated financial results for Q1 FY27 on July 28, 2026, reporting profit after tax (PAT) of ₹280.72 crore. The Mumbai-based plastics manufacturer also reported revenue from operations of ₹2,717.66 crore for the quarter ended June 30, 2026. The company’s numbers showed a sharp year-on-year increase in profit, while revenue growth remained modest. Management attributed the stronger profit performance to a higher contribution from associate profits and improved operating metrics cited alongside the results. The unaudited consolidated results were reviewed by the Audit Committee and approved by the Board of Directors.

Board approval and regulatory disclosure

The Board approved the unaudited standalone and consolidated financial results on July 28, 2026. The company disclosed the outcome pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Supreme Industries had earlier informed exchanges on July 20, 2026 that the Board would meet on July 28 to review and approve the Q1 FY27 numbers. The company also scheduled its Q1 FY27 post-earnings conference call for the same afternoon, as per the update shared ahead of results. The sequence of disclosures places the Q1 print within the usual reporting calendar for listed companies.

Topline: revenue and total income compared with prior periods

For Q1 FY27, consolidated revenue from operations came in at ₹2,717.66 crore. Other income stood at ₹9.13 crore, taking total income to ₹2,726.79 crore. The company compared this with total income of ₹2,626.13 crore in the year-ago quarter. It also reported total income of ₹3,536.22 crore in the preceding quarter (Q4 FY26), highlighting a sequential decline typically seen in seasonally weaker quarters.

Profitability: PAT, PBT and EPS

Supreme Industries reported consolidated PAT of ₹280.72 crore for Q1 FY27, a 38.8% year-on-year rise from ₹202.30 crore in Q1 FY26. Consolidated profit before tax (PBT) stood at ₹353.64 crore for the quarter. The reported PBT included a share of profit from an associate of ₹73.05 crore, which the company cited as a key contributor to the year-on-year profit jump.

Earnings per share also improved. Basic and diluted EPS for Q1 FY27 was ₹22.10, compared with ₹15.93 in the same quarter last year. Alongside profit growth, the company disclosed other comprehensive income (OCI) for the period as a loss of ₹0.27 crore.

Expenses: what moved in the quarter

Total expenses for the quarter ended June 30, 2026 were ₹2,446.20 crore. The cost of materials consumed was ₹1,918.95 crore, reflecting the raw material intensity of the plastics portfolio. Employee benefits expense was ₹163.34 crore. Depreciation and amortisation expense was ₹122.33 crore.

The company’s disclosures on expenses help investors track how changes in input costs and operating leverage flow through to margins. Market commentary included with the results also pointed to margin improvement, with EBITDA and margin reported above estimates.

Margin snapshot: EBITDA and margin expansion

Alongside the quarterly outcome, Supreme Industries reported EBITDA of ₹397 crore in Q1 FY27 compared with ₹320 crore a year ago. EBITDA margin expanded to 14.64% from 12.22% in the year-ago quarter. The company’s reported numbers were also cited as ahead of the ₹232 crore PAT estimate and the 13.88% EBITDA margin estimate mentioned in the same context.

These figures indicate that profitability improved faster than revenue in the quarter. The reported margin expansion aligns with commentary around lower input costs in the period cited in the broader results note.

Segment performance: piping remained the largest contributor

Supreme Industries’ segment reporting showed Plastics Piping Products as the largest business by revenue. Plastics Piping Products recorded revenue of ₹1,790.88 crore with segment profit of ₹204.80 crore. Industrial Products reported revenue of ₹373.26 crore and segment profit of ₹23.15 crore. Packaging Products contributed revenue of ₹438.20 crore and segment profit of ₹54.60 crore.

The segment split shows where earnings were generated in the quarter, with piping accounting for the largest share of both revenue and profit. Packaging delivered a meaningful profit contribution relative to its revenue base, while Industrial Products remained smaller in scale.

Financial snapshot table

Segment table: revenue and segment profit

Dividend, balance sheet note, and FY26 base

Beyond quarterly numbers, Supreme Industries’ shareholders approved a final dividend of ₹25.00 per equity share (1,250% on face value of ₹2) for FY25-26 at the 84th AGM held on July 3, 2026. The total dividend payout for the financial year was stated at ₹457.30 crore. In the FY25-26 audited consolidated report, the company maintained zero total borrowings, according to the information shared.

For FY25-26, the company reported revenue from operations of ₹11,217.67 crore, up 7.4% year-on-year. Consolidated net profit for FY25-26 was ₹954 crore, and plastic goods sales volume increased 12% year-on-year to 753,907 MT.

FY27 targets and what management flagged

The company shared FY27 targets of overall volume growth of 12% to 13%, and 15% to 17% growth in the piping vertical. It also guided for operating EBITDA margins of 14% to 14.5%. Capex outlay was indicated at approximately ₹1,000 crore.

Separate commentary in the same information set pointed to expectations of revenue growth staying in the high single digits to low double digits, aided by a duty-free PVC environment and strong urban housing registrations in April and May. It also noted that gross and EBITDA margins were expected to expand year-on-year due to lower landed PVC resin costs throughout the quarter compared with the year-ago period.

Stock context: CMP and market capitalisation

The information set accompanying the results cited a market capitalisation of ₹43,405.08 crore and a current market price (CMP) of ₹3,417.0. While the quarterly disclosure is primarily about operating performance, these figures provide context on how the company is valued around the time of the announcement.

Conclusion

Supreme Industries’ Q1 FY27 results showed PAT of ₹280.72 crore on revenue from operations of ₹2,717.66 crore, with a clear uplift supported by associate profit contribution and reported margin expansion. The Board approved the unaudited results on July 28, 2026, following the Audit Committee review. Investors will track subsequent management commentary from the scheduled post-earnings call, alongside progress against FY27 volume growth, margin guidance, and the stated capex plan.