What we do Supreme Industries Ltd is one of India’s largest plastic processors manufacturing diverse plastic products including piping systems, packaging, industrial components, and consumer goods. |
Founded in 1,942 |
Market share Market leader in plastic piping and packaging with strong pan-India presence and a robust distribution network. |
Problem solved Provides durable, quality plastic solutions for infrastructure, packaging, and consumer needs addressing water conservation, material handling, and safety. |
Top clients or who we serve Serves industrial sectors, agriculture, automotive, and retail consumers; a B2B and B2C oriented business model. |
Key management M. P. Taparia (Managing Director) with extensive industry experience leads the company. |
Our journey and innovations Established in 1942, expanded through acquisitions and new units, pioneering gas injection molded furniture and India’s first injection molded pallets. |
Where we operate Operations across India with exports to over 50 countries covering Europe, Middle East, Africa, and Americas. |
Top products or what we offer Flagship products include plastic piping systems, rotomolded water tanks, protective packaging, composite LPG cylinders, and consumer plastic furniture. |
Top brands Weather Shield water tanks (premium insulation), Supreme Floor Guard (floor protection), e-lite PEX pipe systems, Aquakraft bath fittings. |
Raw materials needed Polyvinyl chloride (PVC), high-density polyethylene (HDPE), polypropylene, specialty polymers, and chemicals for composite cylinders. |
Raw materials supplier Sources raw materials from leading petrochemical producers and specialty polymer suppliers in India and abroad. |
Recurring vs cyclical contribution Majority of revenue is recurring through consumables and replacement products with steady industrial contracts. |
Our industry position Among top plastic processors in India with AA+ credit rating and strong brand equity across key product categories. |
Financial highlights FY24 revenue ₹10,446 crore, net profit ₹961 crore, with robust operating margins and consistent volume growth around 10-15%. |
Geographical revenue split Primarily domestic market with growing exports mainly to Europe, Middle East, UK, and USA. |
Order book Healthy order book particularly in piping systems and industrial segments, driven by infrastructure development. |
Whats driving growth Growth driven by infrastructure demand, new product launches, digital marketing, and increasing plastic adoption in packaging and construction. |
Our future plans Expanding manufacturing footprint with new greenfield plants, product innovation in polymers, and export market penetration. |
Our green promise Increasing renewable energy use, water recycling, carbon emission reduction targets, and commitment to sustainability and SBTi Net Zero. |
Our people and values Employee strength over 6,500 with a culture emphasizing dignity, inclusion, innovation, and continuous training via knowledge centers. |
Key challenges ahead Raw material price volatility, regulatory changes on plastics, and competition from alternate materials. |
Interesting facts First in India to commercialize gas injection molded chairs and injection molded plastic pallets. |
Risks and strategy Mitigates risks through diversified product portfolio, technology upgrades, and strong governance with effective risk management. |