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Tuesday, December 8, 2015

Supreme Industries : The Plastic King


Manufacturer of:
  • Molded  furnitures
  • Plastic Piping systems,
  • Cross laminated films and products
  • Protective packaging products
  • Industrial Molded components
  • storage and material handling products
  • performance packaging films
  • Composite LPG cylingers

  • Volume grows by 15% to 18% per annum
  • Has 23 manufacturing facilities with two new plants coming up 
  • Slump in raw material cost (petroleum based) due to fall in crude - can improve margings
  • Debt equity ratio of 0.38
  • PE ratio is 24.6
  • Price to Book value is 6.53
  • Dividend Yield is 1.44%
  • Return on networth is 27.7

  • Given the huge potential for plastic based products, quality players like Supreme Industries are likely to grow steadily over years. 
  • The 52 Week high price is 745 and 52 week low price is 540, against current market price of Rs.623


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