Supreme Industries Limited Earnings Summary — Q4 FY2026
Supreme Industries Delivers Record Quarterly Revenue and Robust Margin Recovery in Q4 FY2026
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue declined 23.0% sequentially in Q1 FY2027.
- Revenue of ₹2,718 Cr is 4.2% higher year-on-year.
- Revenue has compounded at -4.4% annualised over the last 10 quarters.
- Net profit of ₹281 Cr is 38.8% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at -9.9% annualised across the period.
- Operating margin stands at 14.6% in Q1 FY2027.
- Operating margin expanded by 242 bps year-on-year.
- Over the last two years operating margin has contracted by 5 bps.
- PBT margin is 13.0%.
- Expense growth of 1.3% remained below revenue growth of 4.2%.
- Operating profit of ₹398 Cr is 24.8% higher year-on-year.
- Operating leverage continues to improve.
- 5 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 57/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Stable | 2,718 | 3,528 | 2,687 | 2,394 | 2,609 | 3,027 | 2,510 | 2,273 | 2,636 | 3,008 |
| Expenses | Stable | 2,320 | 2,905 | 2,373 | 2,096 | 2,290 | 2,611 | 2,201 | 1,954 | 2,249 | 2,517 |
| Operating Profit | Accelerating | 398 | 623 | 314 | 297 | 319 | 416 | 309 | 319 | 387 | 491 |
| Operating Margin | Accelerating | 14.6% | 17.7% | 11.7% | 12.4% | 12.2% | 13.8% | 12.3% | 14.0% | 14.7% | 16.3% |
| Other Income | Volatile | 82 | 60 | 13 | 30 | 42 | 45 | 31 | 43 | 59 | 59 |
| Interest | Volatile | 4 | 9 | 11 | 6 | 3 | 3 | 3 | 3 | 3 | 8 |
| Depreciation | Improving | 122 | 121 | 110 | 104 | 93 | 91 | 91 | 90 | 86 | 77 |
| Profit Before Tax | Volatile | 354 | 553 | 206 | 218 | 265 | 367 | 245 | 270 | 357 | 465 |
| Tax | Volatile | 73 | 119 | 53 | 53 | 63 | 73 | 58 | 63 | 84 | 110 |
| Net Profit | Volatile | 281 | 434 | 153 | 165 | 202 | 294 | 187 | 207 | 273 | 355 |
| Net Margin | Accelerating | 10.3% | 12.3% | 5.7% | 6.9% | 7.8% | 9.7% | 7.5% | 9.1% | 10.4% | 11.8% |
Key Takeaways
- Q4 FY2026 achieved a significant milestone with revenue crossing INR 3,500 Cr for the first time in a single quarter.
- Operating Profit Margin rebounded sharply to 18%, recovering from a full year of suppressed 12-14% margins.
- The plastic piping segment remains the primary growth engine, representing 67% of total revenues.
- Fixed assets grew substantially to INR 3,673 Cr, indicating massive capacity expansion commissioned during the year.
- Net profit saw a massive sequential surge of 183% compared to Q3 FY2026, driven by operating leverage and better realization.
- The company continues its track record of zero financial engineering, with growth funded almost entirely through internal accruals.
Management Guidance
Management remains focused on scaling the value-added product portfolio and leveraging its 14,000+ SKUs to maintain market dominance amidst infrastructure tailwinds.
Sentiment Shift
Improving
A major recovery in operating margins and record-breaking quarterly sales reverse the trend of stagnant profit growth seen in earlier quarters of the fiscal.
Outlook
The outlook is bullish supported by national infrastructure projects and a significant increase in production capacity. Despite polymer price volatility, the scale of distribution provides a competitive moat.
From the Annual Report (Key Quotes)
“SIL has delivered a healthy 10-year revenue CAGR of 14% and profit CAGR of 15%, indicating efficient operating leverage.”
“The balance sheet is exceptionally strong, with borrowings remaining under INR 100 Cr against a net worth exceeding INR 6,000 Cr.”
“The transition toward value-added products and increased capacity suggests a continued compounding trajectory.”
Official Quarterly Documents
This summary is AI-generated from Supreme Industries Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.