X

Supreme Petrochem Ltd. Stock Analysis

Small Cap
Evaluated by 616 users | BSE: 500405 | NSE: SUPPETRO |
Chemicals
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...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Jun'11Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 26.94%15.49%25.36%16.39%17.83%18.88%37.32%20.54%9.67%17.45%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,9442,2732,9673,2642,6532,7572,9193,0273,1942,724
Y-o-Y Gr. Rt.-16.9%30.6%10%-18.7%4%5.9%3.7%5.5%-14.7%
Adjusted EPS (Rs.) 10.374.969.775.345.949.8118.9312.736.1711.43
Y-o-Y Gr. Rt.--52.2%97%-45.3%11.2%65.2%93%-32.8%-51.5%85.3%
Book Value per Share (Rs.) 30.2231.8436.4337.753957.360.3266.966.5769.82
Adjusted Net Profit 1004894.651.557.394.618312359.5110
Net Op. Cash Flow (Rs. Cr.) 12116612094.979.811268.6213133120
Debt to Cash Flow from Ops 1.380.860.620.34000000
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Supreme Petrochem Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 3.8%0.5%-2.3%-14.7%
Adjusted EPS 1.1%14%-15.5%85.3%
Book Value per Share 9.812.454.9
Share Price 17.2% 17.7% -10.9% 59.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Jun'11Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 37.9515.9828.6214.3715.4717.9436.6620.019.2416.76
Operating Profit Margin (%) 9.195.286.313.664.685.9710.356.823.395.89
Net Profit Margin (%) 5.172.113.191.582.163.436.264.061.864.05
Debt to Equity 0.570.460.210.09000000
Working Capital Days 93896760677968827477
Cash Conversion Cycle 65675524-5-84721
Entity Percentage Holding
Promoters 63.96%
Institutions 2.76%
Non-Institutions 33.29%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Supreme Petrochem Ltd.'s performance infers:

Supreme Petrochem Ltd. earnings have grown by 14%, whereas share price has appreciated 17.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Supreme Petrochem Ltd. share prices over the last 10 years. Here is what we found out:

Supreme Petrochem Ltd. share price has appreciated 14.4% annually over the past ten years.

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

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

  • It’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 – Petrochemicals of Chemtech Foundation
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback