Supreme Petrochem Ltd
About
Supreme Petrochem Limited (SPL), established in 1995, quickly rose to become one of India's top manufacturers and exporters of polystyrene and styrene based products. Based in Mumbai, Maharashtra, SPL holds over 50 % of the domestic market share and exports to 93 countries worldwide. The company was formed through a partnership between The Supreme Industries Ltd, one of the country’s largest plastics processors and the varied Rajan Raheja Group. SPL operates production plants at two locations in India: Amdoshi-Wangani Village in Raigad, Maharashtra and Manali New Town in Chennai, Tamil Nadu. These plants make various products including polystyrene, expandable polystyrene (EPS), masterbatches and compounds as well as extruded polystyrene insulation boards (XPS).
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 5382 -1.7% | 5473 8.3% | 5055 58.0% | 3200 17.5% | 2723 -13.5% | 3147 3.5% | 3042 0.9% | 3015 47.6% | 2043 -24.1% | 2692 -17.0% | 3242 8.9% | 2979 31.9% | 2258 13.3% | 1993 21.4% | 1642 18.1% | 1391 -5.7% | 1475 - |
| Net Operating Income (INR Cr) | 5307 -0.01% | 5308 5.48% | 5032 57.99% | 3185 16.92% | 2724 -14.70% | 3194 5.52% | 3027 3.70% | 2919 41.13% | 2068 -22.04% | 2653 -18.74% | 3264 10.01% | 2967 30.56% | 2273 16.92% | 1944 20.59% | 1613 15.61% | 1395 -5.96% | 1483 -0.67% |
| Profit (INR Cr) | 346 -30.4% | 498 -24.9% | 663 38.9% | 477 365.2% | 103 108.6% | 49 -57.6% | 116 -35.3% | 179 214.5% | 57 59.8% | 36 16.7% | 31 -58.0% | 73 132.1% | 31 -64.2% | 88 45.0% | 60 215.3% | 19 -15.0% | 23 - |
| Assets (INR Cr) | 2145 14.8% | 1868 19.8% | 1560 40.1% | 1113 57.0% | 709 9.4% | 648 -0.4% | 651 10.8% | 587 40.3% | 419 10.4% | 379 -4.9% | 399 -7.3% | 430 -5.1% | 453 0.0% | 453 15.8% | 392 17.2% | 334 1.6% | 329 - |
| Net Worth (INR Cr) | 2019 9.5% | 1844 21.7% | 1516 42.3% | 1065 58.2% | 673 4.8% | 642 -0.5% | 646 10.9% | 582 40.4% | 415 10.2% | 376 3.3% | 364 3.3% | 353 14.4% | 308 5.3% | 293 23.8% | 236 20.5% | 196 4.4% | 188 9.6% |
| Employee Cost (INR Cr) | 63 16.0% | 55 13.3% | 48 5.8% | 46 9.6% | 42 5.1% | 40 0.4% | 40 11.9% | 35 34.5% | 26 -17.8% | 32 13.0% | 28 17.8% | 24 10.1% | 22 -0.6% | 22 18.0% | 19 29.0% | 14 -5.5% | 15 - |
| Interest Cost (INR Cr) | 10 | 6 | 7 | 8 | 6 | 4 | 5 | 5 | 5 | 17 | 23 | 24 | 32 | 20 | 18 | 21 | 19 |
| Cash & Bank Balance (INR Cr) | 520 | 350 | 447 | 107 | 176 | 38 | 128 | 98 | 71 | 33 | 23 | 28 | 37 | 42 | 36 | 19 | 31 |
| Total Debt (INR Cr) | 114 | 17 | 37 | 41 | 29 | 0 | 0 | 0 | 0 | 0 | 32 | 75 | 142 | 158 | 155 | 138 | 140 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 6.4% | 9.1% | 13.1% | 14.9% | 3.8% | 1.6% | 3.8% | 6.0% | 2.8% | 1.3% | 0.9% | 2.4% | 1.4% | 4.4% | 3.7% | 1.4% | 1.5% |
| Profit As % Of Assets | 16.2% | 26.7% | 42.5% | 42.9% | 14.5% | 7.6% | 17.9% | 30.5% | 13.6% | 9.4% | 7.7% | 16.9% | 6.9% | 19.3% | 15.4% | 5.7% | 6.9% |
| Profit As % Of Networth | 17.2% | 27.0% | 43.8% | 44.8% | 15.3% | 7.7% | 18.0% | 30.8% | 13.8% | 9.5% | 8.4% | 20.6% | 10.2% | 30.0% | 25.6% | 9.8% | 12.0% |
| Interest Cost to EBITDA % | 2.2% | 1.0% | 0.8% | 1.3% | 4.4% | 4.2% | 2.3% | 1.6% | 5.1% | 17.8% | 25.5% | 15.3% | 34.0% | 12.6% | 14.5% | 31.5% | 37.1% |
| Debt to Equity Ratio | 0.06 | 0.01 | 0.02 | 0.04 | 0.04 | - | - | - | - | - | 0.09 | 0.21 | 0.46 | 0.54 | 0.66 | 0.70 | 0.74 |
| RONW | 17.9% | 29.7% | 51.4% | 54.9% | 15.6% | 7.6% | 18.9% | 36.0% | 19.2% | 9.6% | 8.5% | 22.0% | 10.4% | 33.1% | 27.9% | 10.0% | 10.1% |
| ROCE | 23.8% | 39.3% | 67.0% | 71.6% | 18.3% | 12.3% | 29.7% | 56.2% | 30.1% | 18.7% | 16.2% | 30.3% | 17.2% | 35.2% | 29.7% | 17.0% | 12.6% |