- Supreme Industries net income for 4Q stands at 3.55 billion rupees, which is a 1.1% decrease from the previous year, surpassed the estimated 3.15 billion rupees.
- The company’s revenue delivered a strong performance with 30.1 billion rupees, a 16% growth from last year, beating the estimated 27.73 billion rupees.
- Plastics Piping Products segment earned the company a revenue of 21.5 billion rupees, marking a 21% increase from last year and surpassing the forecasted 18.95 billion rupees.
- Industrial revenue experienced a dip and stood at 3.52 billion rupees, down by 4.6% from last year, which is also less than the estimated 3.84 billion rupees.
- Packaging segment sales showed a positive growth reaching 3.76 billion rupees, marking a 16% increase from the previous year, and beating the estimate of 3.54 billion rupees.
- Consumer revenue was down by 2.5% with 1.18 billion rupees, falling short of the estimate which stood at 1.3 billion rupees.
- Overall, total costs increased by 19%, reaching 26 billion rupees.
- Raw material costs were 17.6 billion rupees, up by 6.7% from the previous year, which is less than the estimated 18.82 billion rupees.
- The finance cost was up by a significant 91% to 77.2 million rupees, way higher than the estimate of 33.3 million rupees.
- Employee benefits expenses stood at 1.23 billion rupees, which showed a hike of 23% from last year and met the estimates.
- The company’s other income saw a significant boost of 59% and stood at 180.9 million rupees.
- The company provided a dividend of 22 rupees per share.
- Shares of Supreme Industries rose 2.4% to 4,405 rupees with 162,345 shares traded.
- The company’s shares had 13 buys, 6 holds, and 9 sells.
A look at Supreme Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Supreme Industries Limited, a company known for manufacturing a wide range of industrial and engineered products, is viewed favorably for its Dividend and Resilience according to Smartkarma Smart Scores. With a robust score of 4 in Dividend, shareholders can expect steady payouts over the long term. Additionally, its Resilience score of 4 highlights the company’s ability to navigate challenging economic conditions effectively.
Although Supreme Industries scored moderately in Value, Growth, and Momentum with scores of 2, 3, and 2 respectively, the company’s strengths in Dividend and Resilience provide a stable foundation for its long-term outlook. Investors looking for consistent returns and a company with a strong ability to weather market fluctuations may find Supreme Industries a promising investment option given its solid performance in key areas essential for sustained growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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