Supreme Industries Ltd.H1 profit +34%, piping volume +24% in Q2

Supreme Industries' Q2 FY27 call, held on 26 October 2026, reported first-half revenue from operations of ₹6,079 crore, up 22% in value on only 1% more volume, with standalone operating profit of ₹829 crore, up 34%, and profit after tax of ₹487 crore, up 31%.

In the second quarter, plastic piping volume rose 24% and value 42%, industrial products volume rose 13%, packaging volume rose 3%, and consumer products volume fell 14% as polymer prices climbed and polypropylene was diverted to LPG. Value-added products reached ₹1,476 crore, up 38%. Management said October's first 25 days showed 23% piping volume growth, kept guidance of ₹13,500 crore to ₹14,000 crore of revenue and a 14% to 14.5% operating margin, expects about 10% company-wide volume growth, and holds piping volume growth at 13%, cut from 15% to 17%.

Capex outflow should be ₹700 crore to ₹750 crore. Analysts pressed on margins and price pass-through; management said it raises prices only after 10 to 15 days to help distributors, and does not expect much Nal Se Jal business.