Supreme Industries Limited (SUPREMEIND)

Supreme Industries Limited (SUPREMEIND) Shares History & Future Plans

About Supreme Industries Limited (SUPREMEIND)

Supreme Industries Limited (SUPREMEIND) is a leading Indian multinational company known for its diverse range of plastic products. Established in 1942, the company has grown to become one of the largest players in the Indian plastic industry, offering products across various segments such as pipes and fittings, packaging, and consumer products. SUPREMEIND has built a strong reputation for quality and innovation, positioning itself as a major player in the market.

Headquarters: Mumbai

Number of employees: 5,008 (2024)

Revenue: 9,201 crores INR (US$1.2 billion, FY23)

Subsidiaries: Supreme Petrochem, Supreme Industries Overseas Fze

History of Supreme Industries Limited Shares

Origins and Early Years

  • Year Established: 1942
  • Initial Stock Price: The company was listed on the Bombay Stock Exchange (BSE) in the early 1970s.
  • Initial Market Position: Supreme Industries started with a focus on producing plastic pipes and fittings, and over the years diversified its product portfolio.

Historical Stock Performance

YearStock Price (INR)Market Cap (INR Billion)Key Developments
2000505Expansion into new markets
201015025Introduction of new product lines
201530050Significant growth in revenues
202060080Enhanced focus on sustainability
2023900120Expansion into international markets

Growth Analysis: Since its initial public offering (IPO), SUPREMEIND shares have demonstrated consistent growth, reflecting the company’s expanding market presence and increasing revenue streams. The stock price has increased from around INR 50 in 2000 to INR 900 in 2023, illustrating a substantial appreciation over the years.

Future Plans of Supreme Industries Limited

Strategic Vision

Supreme Industries is focused on several key areas to drive its future growth:

  1. Expansion into New Markets: The company plans to further its international presence, particularly in emerging markets with high demand for plastic products.
  2. Product Innovation: Continued investment in research and development to introduce new products and improve existing ones.
  3. Sustainability Initiatives: Increased emphasis on environmentally friendly products and practices, including recycling and reducing carbon footprint.

Growth Plan

Revenue and Profit Projections

YearProjected Revenue (INR Billion)Projected Profit (INR Billion)Key Growth Drivers
202410015New product lines, international expansion
202512018Enhanced R&D, market penetration
202614022Increased market share, sustainable practices

Growth Drivers:

  • Innovation: Continuous product development is expected to drive sales.
  • Global Expansion: Entering new markets will contribute to revenue growth.
  • Operational Efficiency: Streamlining operations to reduce costs and increase profitability.

Is Supreme Industries Limited (SUPREMEIND) Safe to Buy?

Investment Safety Analysis

When evaluating the safety of investing in SUPREMEIND shares, consider the following factors:

Financial Health

MetricValue (2023)Industry Average
Debt-to-Equity Ratio0.250.5
Current Ratio2.51.8
Return on Equity (ROE)18%15%
  • Debt-to-Equity Ratio: A lower ratio indicates financial stability and lower risk.
  • Current Ratio: A higher ratio suggests better short-term financial health.
  • Return on Equity (ROE): Strong ROE reflects effective management and profitability.

Stock Volatility

MetricValueIndustry Average
Beta1.11.0
52-Week High (INR)9501.5
52-Week Low (INR)7002.0
  • Beta: A beta value of 1.1 indicates the stock is slightly more volatile than the market.
  • 52-Week High/Low: Provides insight into the stock’s price range and volatility.

Investment Recommendation

Given SUPREMEIND’s strong financial health, consistent historical performance, and strategic growth plans, the stock appears to be a solid investment choice. However, the slightly higher beta suggests some level of risk due to market fluctuations. Investors should consider their risk tolerance and investment goals when deciding to buy SUPREMEIND shares.

Conclusion

Supreme Industries Limited has demonstrated impressive growth and stability over the years. With a solid foundation and ambitious future plans, the company is well-positioned for continued success. The historical performance of SUPREMEIND shares reflects its resilience and potential, while future projections indicate ongoing growth.

Investors interested in SUPREMEIND should consider the company’s strong financial metrics and growth prospects, balanced with the inherent market risks. The overall outlook for SUPREMEIND shares is positive, making it a viable option for long-term investment.

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