Supreme Industries

“Work on new units at Bihar, Jammu, Erode, Puducherry and Malanpur, along with brownfield expansion at various sites is progressing as planned.”

“We will continue to fund these investments through healthy cash flows and internal accruals while maintaining financial discipline.”

“Capacity utilization in Composite Cylinders is improving gradually as procurement has begun at all three Oil Marketing Companies.”

“And fortunately, we have good capacity available and we have got properly covered in raw material also. So we don't see any concern either from capacity or from availability of raw material.”

“Up to yesterday, this month, the growth is 23% in plastic pipe system.”

“Plastic Piping System business grew by 24% in volume and 42% in value terms.”

“Packaging Product Segment grew by 3% in volume and 22% in value terms.”

“Industrial Products Segment business grew by 13% in volume and 49% in value terms.”

“Consumer Product Segment business degrew by 14% in volume and grew by 2% in value terms.”

“They are keeping the inventory at a minimum level, and we are making sure that whatever order we received because our huge capacity at so many sites, we are able to deliver most of the orders within 48 hours.”

“Majority second quarter was housing. Otherwise for the full year, housing agriculture.”

“Nal Se Jal this year as on today, I can say it is going to be much lower than what was the budget.”

“When the state government is not matching fund, the central government will not be money coming. We are not very optimistic of any big volume business in Nal Se Jal this year also.”

“The business is coming from irrigation system, business is coming from solar system, but that is not a big business in our company because many people are playing with the quality, we do not play with the quality..”

“PVC price has gone up. Accordingly, cPVC price has gone up, but going up to a reasonable level, it is affordable to our customer, so we had no problem.”

“Increment is normal, increased by 9%, also increased by number of people joining the company.”

“Apart from that, whenever price increase is taking place, we want to help distribute repair their balance sheet. So we increased the price only after 10 days, 12 days gap.”

“That is why the margin in Packaging product segment has gone down because in packaging film, we were not able to get the price increase so easily acceptable because they are interested in lower.”

“Some 3%, 5%, 7% product to product. We are announcing increase in price from tomorrow.”

“We are keeping adequate raw material requirement because there are some important raw material we are keeping more inventory also, because there is some uncertainty about when the ship will leave and when the ship will arrive.”

“Our uPVC Windows & Doors business is seeing encouraging market acceptance and expanding its dealer network.”

“We are introducing several new varieties also in O-PVC going forward in the remaining six months.”

“We have entered a new range of MOHO bath fittings, which apart from offline, we started selling online and we started getting orders online also of our MOHO bath fitting.”

“We continue to strengthen this business through value-added products like PERT piping systems, Gas piping system, Electrofusion fittings, premium range of Bath Fittings, industrial valves and PP Silent Pipe Systems., wider market reach and the integration of the former Wavin business.”

“No, the inventory gain is going to be there in the first half overall. But the overall inventory gain, we will get precisely when we close the year in the month of March next year.”

“There will be some inventory gain. We anticipate as to there will be inventory gain in this year.”

“Geopolitical developments in West Asia remain a source of uncertainty, while the Minimum Import Price on suspension-grade PVC resin and withdrawal of the customs duty exemption have helped reduce volatility.”

“The increase were too steep in the polythene price, because it is directly linked to crude price, then cheap supply was not able to come from Middle East. Middle East is a big supplier of polythene in the country, and many plants in Middle East remain closed.”

“As of today, crude price remains quite high.”

“We are aware that many state has still not cleared the bill of the last year also. So until they clear last year's bill, the contractor will not come back to again take the order.”

“They diverted quite a good capacity to make LPG. From polypropylene, you were asked to do even 50% LPG and 50% only to make raw material.”

“The Company sold 341991 MT of Plastic goods and achieved Revenue from operations of Rs. 6079 Crores during the 1st half year of the current year”

“The Standalone Operating Profit and Profit after Tax for the Half year of the current year amounted to Rs. 829 crores and Rs. 487 crores, as compared to Rs. 617 crores and Rs. 371 crores respectively, for the corresponding period of the previous year, achieving increase of 34% and 31% respectively.”

“current 2 quarter as compared to Rs. 1072 crores in the corresponding quarter of previous year, achieving growth of 38%.”

“MOHO is part of plastic piping system. PVC window and door, which is forming part of Others business as of now.”

“Our market is growing, it means that our market share has grown this year compared to the last year.”