Supreme Industries Limited — Q1FY27 earnings call summary

Filed 28 July 2026 · Company audio recording

Polymer prices stabilizing; MIP on PVC resin expected to support pricing and demand normalization.
FY27 volume growth guidance maintained at 15-17% for piping division and 12-13% overall.
Q2 and H2 expected to see robust volume recovery, with July already showing strong growth.
Webin integration progressing; 70,000 MT capacity at ~60% utilization in Q1, targeting 70% for FY27.
Composite cylinder capacity 9-10 lakh units/year; current utilization 25-35%, ramp-up expected with new orders.
Q1 EBITDA margin at 14.6%, aided by volume decline in low-margin piping segment, no inventory gains/losses reported.
Capex of Rs. 1,000 crore planned for FY27; Rs. 500 crore already committed in Q1.
Agri pipe volumes severely hit in Q1 due to monsoon and pricing uncertainty; recovery expected from September.