What we do Supreme Petrochem Ltd manufactures styrenics including Polystyrene, Expandable Polystyrene, ABS, Masterbatches, and compounds for packaging, appliances, and insulation. |
Founded in 1,989 |
Market share Market leader with over 50% share in Polystyrene sector in India. |
Problem solved Provides quality polymer products addressing packaging, insulation, and durable goods manufacturing needs. |
Top clients or who we serve Supply to appliance manufacturers, packaging industries, automotive component makers; primarily B2B. |
Key management Shri M. P. Taparia (Chairperson), Shri K.V. Mujumdar (Whole Time Director), Shri Rajeev M. Pandia (IIT Bombay, Stanford alumnus, Independent Director). |
Our journey and innovations Established in 1989, expanded capacities through 2020s; launched India's first extruded polystyrene board; expanded ABS production in 2025. |
Where we operate Manufacturing in Maharashtra and Tamil Nadu; sales primarily in India with exports constituting about 10% revenue. |
Top products or what we offer Polystyrene, Expandable Polystyrene (EPS), ABS, Extruded Polystyrene (XPS) insulation boards, Masterbatches and Polymer Compounds. |
Top brands INSUBOARD XPS insulation - used in green buildings and cold storage; multiple polymer grades for packaging and durable goods. |
Raw materials needed Styrene Monomer, petrochemical feedstocks, additives for masterbatches and compounds. |
Raw materials supplier Global petrochemical suppliers; imports of Styrene Monomer affected by global market fluctuations. |
Recurring vs cyclical contribution Revenue is largely cyclical, influenced by petrochemical prices and economic demand but with stable recurring business from key industrial clients. |
Our industry position Dominant with over 50% market share in Polystyrene; recognized as a three-star export house and leading Indian Styrenics manufacturer. |
Financial highlights FY 2023-24 revenue approx. ₹5321 crores; PAT ₹346 crores; volume growth of 13.75%; facing margin pressure due to lower raw material prices. |
Geographical revenue split ~91% revenue from India, ~9% from exports. |
Order book - |
Whats driving growth Growing demand in appliances, packaging, insulation, and automobile sectors; sustainability efforts boosting XPS products. |
Our future plans Capacity expansions in EPS and Polystyrene; enhancing renewable energy consumption at plants; technological upgrades in ABS production. |
Our green promise 50% power consumption from renewable sources; 12.5 MW solar power joint venture; ISO certified environmental and safety standards. |
Our people and values 420 employees; robust health and safety culture; zero tolerance for harassment; focus on skill development and diversity. |
Key challenges ahead Volatile raw material prices, global economic uncertainty affecting exports, technology challenges in new ABS production line. |
Interesting facts Operates India's first international scale Styrenics complex; holds top health and safety awards; innovator in polymer insulation solutions. |
Risks and strategy Mitigates raw material price risk through procurement strategy; continuous R&D; diversification into value-added products to enhance margins. |
