Is Supreme Petrochem a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Supreme Petrochem Ltd is a good quality company .

Is Supreme Petrochem undervalued or overvalued?

The key valuation ratios of Supreme Petrochem Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Supreme Petrochem share price return in the past 10 years?

Supreme Petrochem Ltd share price has appreciated 33.9% annually (CAGR) over the past ten years.

Is Supreme Petrochem a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Supreme Petrochem Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Supreme Petrochem Ltd - Stock Valuation and Financial Performance

Name: Supreme Petrochem
Brand: Supreme Petrochem

BSE: 500405 | NSE: SPLPETRO | Chemicals | Small Cap

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Supreme Petrochem Share Price

₹702.50 11.25 1.63%
as on 07-Jun'24 16:01

10 Year X-Ray of Supreme Petrochem:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	17.8%	18.9%	37.3%	20.5%	9.7%	17.5%	55.8%	52.2%	30.7%	18.4%	-
Value Creation Index ⓘ	NA	NA	NA	NA	NA	NA	NA	NA	NA	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2,653	2,757	2,919	3,027	3,194	2,724	3,185	5,032	5,287	5,253	5,253
Sales YoY Gr.	-	4%	5.9%	3.7%	5.5%	-14.7%	16.9%	58%	5.1%	-0.6%	-
Adj EPS ⓘ	3	4.9	9.5	6.4	3.1	5.7	25.5	35.6	27.2	18.6	18.4
YoY Gr.	-	65%	93.3%	-32.7%	-51.7%	86.4%	343.4%	39.7%	-23.4%	-31.9%	-
BVPS (₹) ⓘ	19.5	28.7	30.2	33.5	33.3	34.9	56.6	80.6	98.1	107.4	107.4
Adj Net Profit ⓘ	57.3	94.6	183	123	59.5	111	479	669	512	349	347
Cash Flow from Ops. ⓘ	79.8	112	68.6	213	133	119	435	671	304	557	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.9%	10.5%	18.2%	-0.6%
Adj EPS ⓘ	22.6%	43.2%	-10%	-31.9%
BVPSⓘ	20.9%	26.4%	23.8%	9.5%
Share Price	33.9%	45.5%	22.3%	85.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	15.5	17.9	36.7	20	9.2	16.8	55.1	51.8	30.5	18.1	17.2
Op. Profit Mgn % ⓘ	4.7	6	10.4	6.8	3.4	5.9	21.2	18.2	12.9	9	8.9
Net Profit Mgn % ⓘ	2.2	3.4	6.3	4.1	1.9	4.1	15	13.3	9.7	6.6	6.6
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	67	79	68	82	74	76	78	59	69	74	60
Cash Conv. Cycle ⓘ	-5	-8	4	7	2	1	-7	3	9	4	35

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.15%

Return on Equity has declined versus last 3 years average to 17.20%

Net Profit has been subdued in last 3 years -10.00%

Sales growth is not so good in last 4 quarters at -0.31%

Latest Financials - Supreme Petrochem Ltd.

	Standalone	Consolidated
TTM EPS (₹)	18.4	3.2
TTM Sales (₹ Cr.)	5,253	1,613
BVPS (₹.) ⓘ	107.4	0
Reserves (₹ Cr.) ⓘ	1,982	140
P/BV ⓘ	6.56	0.00
PE ⓘ	38.21	218.54

From the Market
52 Week Low / High (₹)	364.95 / 782.80
All Time Low / High (₹)	2.00 / 782.80
Market Cap (₹ Cr.)	13,238
Equity (₹ Cr.)	37.6
Face Value (₹)	2
Industry PE ⓘ	50.9

Management X-Ray of Supreme Petrochem:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Supreme Petrochem

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Supreme Petrochem

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,653	2,068	2,919	3,027	3,194	2,724	3,185	5,032	5,287	5,253
Operating Expenses ⓘ	2,559	1,964	2,621	2,830	3,100	2,576	2,515	4,126	4,626	4,784
Manufacturing Costs	55	46	57	62	69	66	60	73	89	100
Material Costs	2,354	1,803	2,428	2,619	2,878	2,357	2,295	3,844	4,299	4,443
Employee Cost	32	26	35	40	40	42	46	48	55	63
Other Costs ⓘ	118	88	101	110	114	111	115	160	184	177
Operating Profit ⓘ	93	104	297	196	93	148	670	907	661	470
Operating Profit Margin (%)	3.5%	5.0%	10.2%	6.5%	2.9%	5.5%	21.0%	18.0%	12.5%	8.9%
Other Income ⓘ	3	4	7	8	10	12	21	31	59	68
Interest ⓘ	17	5	5	5	4	6	8	7	6	10
Depreciation ⓘ	24	17	22	21	23	36	39	42	47	59
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	56	85	278	179	76	118	644	888	667	468
Tax ⓘ	20	28	98	63	27	15	166	225	169	122
Profit After Tax	36	57	179	116	49	103	477	663	498	346
PAT Margin (%)	1.3%	2.8%	6.1%	3.8%	1.5%	3.8%	15.0%	13.2%	9.4%	6.6%
Adjusted EPS (₹)	1.9	3.0	9.3	6.0	2.6	5.3	25.4	35.3	26.5	18.4
Dividend Payout Ratio (%)	41%	25%	24%	37%	59%	52%	30%	22%	34%	49%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	376	415	582	646	642	673	1,065	1,516	1,844	2,019
Share Capital ⓘ	97	97	97	97	97	96	94	38	38	38
Reserves ⓘ	280	318	486	549	546	577	971	1,478	1,806	1,982
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	393	413	432	571	474	476	569	526	782	809
Others Liabilities ⓘ	112	110	116	79	104	106	122	237	105	237
Total Liabilities ⓘ	881	938	1,130	1,296	1,221	1,255	1,755	2,278	2,731	3,065
Fixed Assets
Gross Block	675	350	376	393	414	489	505	521	757	1,050
Accumulated Depreciation	330	17	39	60	83	118	146	185	230	281
Net Fixed Assetsⓘ	345	333	337	333	331	371	359	337	527	769
CWIP ⓘ	4	10	13	10	24	8	9	179	108	233
Investmentsⓘ	0	0	0	111	251	135	470	484	563	572
Inventories	188	181	306	313	245	258	318	301	647	481
Trade Receivables	239	281	307	295	285	248	385	412	362	395
Cash Equivalents	32	71	98	128	38	176	107	447	350	520
Others Assetsⓘ	73	61	69	106	47	59	108	119	175	96
Total Assets ⓘ	881	938	1,130	1,296	1,221	1,255	1,755	2,278	2,731	3,065

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	80	84	69	213	133	119	435	671	304	557
PBT ⓘ	56	85	278	179	76	118	644	888	667	468
Adjustment ⓘ	41	15	22	31	12	45	34	20	-3	6
Changes in Working Capital ⓘ	-8	21	-142	66	68	-4	-78	-10	-189	188
Tax Paid ⓘ	-10	-38	-89	-63	-23	-39	-165	-227	-171	-105
Cash Flow From Investing Activity ⓘ	-5	-5	-25	-15	-27	-7	-64	-140	-147	-182
Capex	-7	-7	-28	-18	-32	-16	-22	-163	-206	-312
Net Investments	0	0	0	0	0	1	-44	15	41	103
Others ⓘ	2	2	3	4	6	8	2	8	18	28
Cash Flow From Financing Activityⓘ	-66	-40	-16	-57	-56	-90	-104	-177	-194	-197
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-32	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-17	-5	-5	-5	-4	-3	-3	-1	-1	-1
Dividend Paid ⓘ	-17	-35	-12	-52	-52	-70	-38	-155	-169	-169
Others ⓘ	0	0	0	0	0	-18	-63	-21	-24	-27
Net Cash Flow ⓘ	9	39	27	141	50	22	266	354	-37	178

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Jun'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	9.64	14.42	36	18.92	7.64	15.6	54.94	51.41	29.66	17.94
ROCE (%)	18.83	22.79	56.69	29.9	12.44	18.91	75.04	69.38	40.07	24.76
Asset Turnover Ratio	3.17	2.59	3.11	2.56	2.54	2.22	2.14	2.51	2.12	1.83
PAT to CFO Conversion(x)	2.22	1.47	0.39	1.84	2.71	1.16	0.91	1.01	0.61	1.61
Working Capital Days
Receivable Days	36	40	33	35	33	35	36	29	27	26
Inventory Days	23	29	28	36	32	33	33	22	33	39
Payable Days	69	82	63	70	66	74	83	52	56	65

Supreme Petrochem Ltd Stock News

Supreme Petrochem Ltd FAQs

What is the share price of Supreme Petrochem?

Company share prices are keep on changing according to the market conditions. The closing price of Supreme Petrochem on 07-Jun-2024 16:01 is ₹702.5.

What is the market cap of Supreme Petrochem?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Jun-2024 16:01 the market cap of Supreme Petrochem stood at ₹13,238.1.

What is the P/E ratio of Supreme Petrochem?

The latest P/E ratio of Supreme Petrochem as of 07-Jun-2024 16:01 is 38.21.

What is the P/B ratio of Supreme Petrochem?

The latest P/B ratio of Supreme Petrochem as of 07-Jun-2024 16:01 is 6.56.

What is the 52-week high and low of Supreme Petrochem?

The 52-week high of Supreme Petrochem is ₹782.8 and the 52-week low is ₹364.9.

What is the TTM revenue of Supreme Petrochem?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Supreme Petrochem is ₹5,253 ( Cr.) .

About Supreme Petrochem Ltd

Supreme Petrochem Ltd (SPL) is a joint venture between the Supreme Industries Ltd. and the Rajan Raheja Group. The Rajan Raheja Group has interests in cement, ceramic tiles, publishing, cable television, retailing, automobile batteries, readymix concrete, software, petrochem, hotels, asset management and real estate. The company started commercial production started in October 1995.

SPL is the leader in Polystyrene business in the Indian market place with a share of more than 50%. SPL is also the largest exporter of PS from India, exporting to over 80 countries around the globe. Currently SPL's exports are over 100,000 tonne per year.

The product range covers the entire spectrum of Polystyrene. GPPS range covers MFI of 1.6 to 20, HIPS covering both extrusion and moulding grades, ESCR, High Gloss and super High Impact grades.

Supreme Petrochem owns and operates a state-of-the art Polystyrene facility, with an installed capacity of 2,72,000 TPA located at Nagothane in Raigad District, about 100 km south-east of Mumbai city. The facility also includes a world class colouring and compounding facility with an installed capacity of 17000 TPA.

The plant is based on technology from the erstwhile Huntsman Chemical Corporation (Now NOVA Chemicals) USA with basic engineering by ABB Lummus Crest, USA.The specialty range includes UL listed Ignition Retardant HIPS (both V0 and V2 rating), Mineral Filled HIPS, Micro floppy diskette grade, UV stabilised PS, Toughened PS and custom coloured PS, filled PP for automotive/appliance industry application, high quality white and gray colour master batches for injection molding as well as film, sheet extrusion applications.

The company has taken over management control of Shin Ho Petrochemical (India) Ltd, an existing player in Expanded Polystyrene (EPS) in Chennai, (Southern India) with an installed capacity of 6000 TPA. The name of this company is being changed to SPL Polymers Ltd and capacity expansion of the plant is under implementation. New EPS project of 60,000 TPA capacity is under implementation in Nagothane Styrenics Complex.

To hasten the development of new applications and use of these materials Product Application Centre has been established where joint programmes with customers are initiated.

SPL's reputation as a reliable supplier is due to its internationally acclaimed safety record in plant operation and total compliance with global and local standards on EHS. For these SPL has been awarded with 5 star rating from British Safety Council.A strong online customer feed back system on quality of products and services is the essence of SPL's quest for continuous improvement.

Product Range of the company includes:

General Purpose Polystyrene
Speciality Polystyrene
Masterbatches
High Impact Polystyrene
Compounds

Awards/ Achievements

Itâ€™s operations are ISO 9001:2000, ISO 14001:1996 and OHSAS 18001:1999 certified.
1997- 5 Star rating by British Safety Council, UK for excellence in Occupational Health & Safety.
1998- Environment Management System, ISO 14001 : 1996 by DNV
1999- Quality Management System, ISO 9001:2000 by BVQI
1999- Dr. R. J. Rathi Award for Environment Protection in & around Complex by Maratha Chamber of Commerce
2002- Signatory to Responsible Care Initiative instituted by ICMA
2003- Occupational Health & Safety Management System OHSAS 18001:1999 by BVQI
2005 Business Leader of the Year â€“ Petrochemicals of Chemtech Foundation