SPLPETRO · Chemicals
Supreme Petrochem Ltd. reported revenue of ₹1,563 cr for January to March 2024, — on the year and +31.6% on the quarter.
Operating profit (EBITDA) was ₹175 cr, a margin of 11.2%, — on the year and +320 bps on the quarter.
Net profit was ₹132 cr, — on the year and +94.1% on the quarter, with earnings per share of ₹6.99.
Speciality chemicals are read on volumes and pricing, with Chinese supply a recurring swing factor; inventory destocking can hit a quarter without a change in demand. The quarterly statements do not carry volumes against prices, capacity utilisation and new molecules; those come with the filing read.
On earnings per share of ₹18.42 over the last four quarters, the stock at ₹675.10 trades at 36.7 times trailing earnings.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,278 cr | ₹1,188 cr | ₹1,563 cr | ₹1,573 cr | ₹1,506 cr | ₹1,405 cr | ₹1,539 cr | ₹1,387 cr | ₹1,100 cr | ₹1,265 cr | ₹1,587 cr | ₹1,693 cr |
| YoY | — | — | — | +28% | +18% | +18% | −2% | −12% | −27% | −10% | +3% | +22% |
| EBITDA margin | 8.3% | 8.0% | 11.2% | 10.2% | 8.3% | 7.0% | 9.4% | 8.3% | 7.1% | 5.5% | 15.9% | 19.6% |
| Other income, % of PBT | 15% | 17% | 11% | 14% | 14% | 18% | 13% | 14% | 14% | 5% | 3% | 5% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 26% | 27% | 26% | 26% | 26% | 26% | 25% | 25% | 26% | 25% | 27% | 25% |
| Net profit | ₹78.0 cr | ₹68.0 cr | ₹132 cr | ₹122 cr | ₹90.0 cr | ₹71.0 cr | ₹107 cr | ₹81.0 cr | ₹48.0 cr | ₹30.0 cr | ₹168 cr | ₹236 cr |
| YoY | — | — | — | +77% | +15% | +4% | −19% | −34% | −47% | −58% | +57% | +191% |
| Core profit YoY | — | — | — | +86% | +17% | +4% | −22% | −33% | −47% | −52% | +78% | +219% |
| EPS | ₹4.15 | ₹3.60 | ₹6.99 | ₹6.49 | ₹4.80 | ₹3.79 | ₹5.68 | ₹4.30 | ₹2.56 | ₹1.60 | ₹8.94 | ₹12.57 |
| Flags | · | · | · | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Supreme Petrochem Ltd. reported revenue of ₹1,563 cr (— on the year) and net profit of ₹132 cr (— on the year) for January to March 2024.
None of the 2 checks that could run raised a question.
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.