Supreme Industries



Supreme Industries is one of the leading plastic products manufacturing company in India having 25 manufacturing facilities spread across the country, offering a wide and comprehensive range of plastic products in India. The company operates in various product categories viz. Plastic Piping System, Cross Laminated Films & Products, Protective Packaging Products, Industrial Moulded Components, Moulded Furniture, Storage & Material Handling Products, Performance Packaging Films and Composite LPG Cylinders.

Business Verticals
Supreme Industries has four major business verticals namely Plastic Piping Division, Consumer Product, Packaging Products and Industrial Product

Plastic Piping Division
This segment is the Major contributor of the revenue constituting 62.5% of the total sales and the major products sold under this division are PVC pipes, fittings, Toilet bath fittings, Moulded tanks and many more. The Company sold 3,00,772 Tons of Pipe System making it as a market leader in this segment.

Packaging Products
This division contributed 17.40% of the total revenue . Flexible packaging film products, Protective Packaging Products, Cross Laminated Film products. The packaging division witnessed the highest growth of 15% attributed by strong demand from the Diary & Edible oil Industry.

Industrial Product
This Industrial division contributed 12%. Industrial Components, Material handling System and Pallets – Roto moulded crates, pallets and garbage bins and Composite LPG Cylinders are the products manufactured in this division catering to various Industries from Auto to Agriculture.

Consumer Product
The consumer product division contributed 7% with the highest profit margin among all the division. Furniture is the major products sold under this division and the product is sold through 13000+ retailers and the company is planning to add another 1500 in the coming year. The company is second largest player in the moulded Furniture with a processing capacity of 30,000 MT.

Manufacturing capacity
Supreme Industries has 25 Manufacturing units spread across 12 different states. The company has increased its distribution network with 3567 partners across India. Supreme Industries is also in the process of opening the first Plastic product complex in Telangana.

Expansion Strategy
The company is aiming to increase the share of the Value Added Products (products whose OPM is more than 17%). Currently VAP contributes 38% of turnover.
Aim is to increase exports significantly over next 5 years which are at 3% currently.
The company has envisaged 300-350 crs for expansion.

Supreme Petrochemical

The company owns 30.01% stake in the Supreme Petrochemical and the company purchases various raw materials like polystyrene from the company. 

For more product information, check this link.


The first quarter of the year which normally remains most business friendly for the Company (considering its product profile) witnessed quite a weak demand for most of the product segments of the Company.

Thereafter, Polymer prices witnessed relentless upward march which continued up to middle of November 2021. Subsequently, prices fell quite steeply (especially in PVC Resin) which virtually destroyed the demand of Plastic Pipe Systems albeit temporarily.

Supreme Industries sold 4,11,521 tons product in the year 2019-20. Thereafter, in subsequent two years, the volumes continued downward trend reaching a low of 3,93,908 tons in the year 2021-22. The Company is confident that in the current year (2022-23) Company will be able to achieve good business volume and growth over pre-covid level achieved in the year 2019-20.

The Company is now actively present in thermoset section of Plastics, which augurs well for the further growth plans in this section of business.

Supreme Industries continues with its investment plans vigorously which may exceed the Capex plan of 2021-22.

For more such annual reports, do check this link.


Supreme Industries products

Group-Plastics Piping System

Product-uPVC Pipes, Injection Moulded PVC fittings and handmade fittings, Polypropylene Random Co-polymer pipe system, HDPE Pipe Systems, CPVC Pipes Systems, Inspection Chambers, manholes, Toilets Bath fittings, Roto moulded Tanks and Fittings and Solvents, Industrial Piping System, DWC Pe Pipe System, Pex Pipe System and Fire Sprinkler System.

Group-Consumer products


Group-Industrial Products

Product- Industrial Components, Material handling System and Pallets – Roto moulded crates, pallets and garbage bins and Composite LPG Cylinders.

Group- Packaging Products

Product- Flexible packaging film products, Protective Packaging Products, Cross Laminated Film products.

The net turnover (including other income) of the Company for the year under review was Rs 7840.51Crores (including Rs 105.89 Crores by way of trading in other related products) as against Rs 6383.59 Crores (including Rs 125.23 Crores by way of trading in other related products) during the previous year.

The Company has sold 393908 tons of Plastic products as against 409109 tons of Plastic products in the corresponding period of previous year, reflecting a de-growth of 4% in product turnover by volume.

The Company exported goods worth US $ 29.11 million as against US $ 18.35 million during the corresponding period of the previous year. Profit before interest, depreciation and exceptional items and taxes during the period under review have been at Rs1309.89 Crores as against Rs 1312.74 Crores during the previous year.

Supreme Industries product wise distribution


1 Manufacturing Sites

2 Distribution Network

3 Growth Drivers

4 Renewable Energy – a way forward



During the year under review the Company registered an overall revenue growth of about 24.6% in Plastic Piping System made from different plastic materials. Overall the Company sold 274295 Tons of Pipe System compared to 294357 Tons in the preceding year.

Supreme Industries with objective of making its footprint for manufacturing in South Zone, for Plastic Piping Division, has commenced the manufacturing at Jadcherla, District Mahaboobnagar at Telangana in a plot area of 50 acres. The production of PVC Pipes, cPVC Pipes, Water & Septic Tanks at this location has started.



The year 2021-22 was a tough year for furniture business owing to steep increase in Polymer prices. The prices of PP increased by almost 20% from October 2021 onwards, adversely affecting the demand of furniture in the second half. The Company registered value growth of 36% in the first half of 21-22 but witnessed a flat second half. For the full year, the Company registered growth of 11% in value terms but its volumes declined by 6%.


Packaging films

Performance Films Division (PFD) The Performance Films Division has recorded 22% growth in Volume and about 49% growth in Value. The Total sale achieved was 9514 MT as against 7801 MT in the corresponding previous year.


The Company’s Exports division has achieved an export sale of USD 3.759 Million. The division is in process of reaching out to more markets and its export team is working on the same.

New Product Development:

Supreme Industries is committed to improve its efficiency. For XLPE the Company has achieved better product quality and cost optimization. By doing so there has been improvement in the yield ratio. The Company developed range of new products for Decathlon for their India market Retail Sales.


The Business of Cross Laminated Film & Products suffered a de-growth of 18.36% in volume terms during the year under review.


• Green Energy utilization for this year 33 million kWh.

 • Company increases avoided emission by 36% approximate 26109 tCO2 in year 2021-2022 as base year 2019-2020 it was 19,147 tCO2 . Commissioned 8.48 MW Roof top solar project FY 21-22.


• Green Energy Units target FY (22-23) 76.8 million kWh.

• Company is planned to increase avoided emission by ~ 217% approximate 60,700 tCO2 in year 2022-2023 as base year (19-20) 19147 tCO2.

• Roof top solar planned for FY 2022-23 – 14 MW.


Financial risk management objectives and policies The Company’s financial risk management is an integral part of how to plan and execute its business strategies. Supreme Industries activity expose it to market risk, liquidity risk, commodity risk and credit risk. In order to minimize any adverse effects on the financial performance of the Company, derivative financial instruments, such as foreign exchange forward contracts are entered to hedge certain foreign currency risk exposures.


Credit risk arises from the possibility that the counter party may not be able to settle their obligations as agreed. To manage this, the Company periodically assess financial reliability of customers, taking into account the financial condition, current economic trends, and analysis of historical bad debts and ageing of accounts receivable.


Liquidity risk is defined as the risk that the Company will not be able to settle or meet its obligations on time, or at a reasonable price.


Preparing the financial statements of each individual group entity, transactions in currencies other than the entity’s functional currency (foreign currencies) are recognized at the rates of exchange prevailing at the dates of the transactions. At the end of each reporting period, monetary items denominated in foreign currencies are retranslated at the rates prevailing at that date. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated.      

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