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Fundamentals for The Supreme Industries Limited
Business Operations:
Sector: IndustrialsIndustry: Building Products & Equipment
The Supreme Industries Limited engages in the manufacture and sale of plastic products in India. The company offers plastic piping systems, including uPVC pipes, injection-molded PVC and handmade fittings; polypropylene random co-polymer pipe systems; HDPE and CPVC pipe systems; inspection chambers; manholes; bath fittings and sanitaryware; roto-molded tanks and fittings; solvents; industrial piping systems; DWC and PEX Pe pipe systems; and fire sprinkler systems. It also provides industrial products, such as appliance parts and appliances, auto parts and sub-assemblies, and other industrial products; and material handling solutions comprising crates, pallets, garbage and dust bins, silpacks, and other customized material handling products, as well as offering composite LPG cylinders under the KAVACH brand name. In addition, the company provides packaging products comprising flexible packaging film products, protective packaging products, and cross-laminated film and products. Further, its furniture products include chairs, tables, beds, cupboards, stools, and kids' furniture. The company also exports its plastic products. The Supreme Industries Limited was incorporated in 1942 and is based in Mumbai, India.
Revenue projections:
The Supreme Industries Limited's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
Financial Ratios:
| currentRatio | 2.20000 |
|---|---|
| forwardPE | 32.21487 |
| debtToEquity | 1.47300 |
| earningsGrowth | 0.47500 |
| revenueGrowth | 0.16500 |
| grossMargins | 0.31987 |
| operatingMargins | 0.14876 |
| trailingEps | 75.12000 |
| forwardEps | 106.22113 |
SUPREMEIND's current ratio, being 2.2, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, SUPREMEIND is well-equipped to meet its immediate financial obligations without any difficulties.
SUPREMEIND's positive earnings and revenue growth suggest the company is on a path to business expansion. This upward trend signals strong financial health, indicating that SUPREMEIND is well-positioned for sustained growth in both profits and revenue.
SUPREMEIND's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in SUPREMEIND's earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
The price of SUPREMEIND has consistently remained close to the lower end of price projections. This trend may reflect uncertainty in the market regarding the company's ability to deliver on growth expectations.
Insider Transactions:
2 sell transactions of SUPREMEIND were recorded, with market price hovering near 3265.6500244140625.2 purchases of SUPREMEIND were executed, with market price of 3678.25.SUPREMEIND has experienced more selling activity at current price levels, which could suggest a bearish outlook. If the trend of increased selling continues, it may result in further price declines for the stock.
Recommendation changes over time:
Analysts' buy bias for SUPREMEIND signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to SUPREMEIND, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.
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